Author: Rainbow Coin

Statutory retirement age changes

“Prime Minister Lee Hsien Loong said on Sunday (Aug 18) that these changes, which were recommended by a tripartite workgroup and accepted in full by the Government, “will support older workers to continue working longer and to be more financially independent”. He announced at the National Day Rally that the statutory retirement age will go up to 63 in 2022, and eventually to 65 by 2030. The re-employment age will also go up from 67 now to 68 in 2022, and eventually to 70 by 2030.” 活到老,做到老? Would the future silver generations have the mental and physical health to...

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Weekend brain food III

This week’s reads (they are kind of random): Cramer: Don’t break these rules if you want your stock portfolio to make money 1. Panic is not a strategy 2. There is always a better time to sell than into the maelstrom 3. Stay away from after-hours trading 4. Check your emotions at the door 5. Don’t sell all at once Investors can hide out in domestic stocks from the China trade war “What we are focusing on with our clients now… are companies that are more domestically facing in terms of the source of their revenue,” Goldman Sachs chief...

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The reason to why we are suffering

It’s random stuff not relating to finance or investments here. I was reading this interview transcript (warning: it’s loooong) by Tim Ferriss on Tony Robbins couple of days back and found the below highly enlightening. Worth a read if you are interested. “The reason you’re suffering is you’re focused on yourself. You’re obsessing on yourself. People tell me, “I’m not suffering that way. I’m worrying about my kids. My kids are not what they need to be.” No, the reason they’re upset is they feel they failed their kids. It’s about them still. In fact, I began to uncover...

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How far from a ‘new worse’?

Is this a phase of consolidation before coming to a waterfall? This month did not start well with Trump’s new tariff slap on China. Just as I was gloating over a 12% gain on my Capitaland’s shares, the gain has quickly plummeted by more than half in the blink of an eye before I could react.  Obviously I didn’t learn my lesson too well. My Equity portfolio on the whole is still afloat. Generally speaking, if one uses the war chest to buy good dividend stocks during sales (that’s why I say market timing matters), one’s portfolio would have...

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Weekend brain food II

Good readings are like old adage – they never go outdated but market news do. What I am reading this weekend: “Over-reliance on flawed models has hurt people over and over and over again. Beware of geeks bearing formulas!” “It’s ironic that at the time time Neff published his book in 1999, one of the greatest investment bubbles in history was approaching its climactic end point. In the book’s final chapter titled ‘De Ja Vu’, Neff noted the S&P500 was trading at 28 times offering just a 1% yield. And although, Neff could not see the typical warning signs...

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Sharing spirit

Couple of months back I was really upset when my laptop crashed and I could not retrieve the data in my presumably still workable HDD, as the HDD enclosure which I bought through Shopee came with a faulty cable. Upon reading Investmoatmoat’s post, I came to know of the HDD adapter converter cable. So I bought it (also through Shopee for about SGD5) and tested it out today. To my pleasant surprise, it worked like a charm! The folders auto-popped up upon connection and I managed to retrieve all my precious saved photos and favourite links with only a few clicks....

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Weekend brain food I

I have been blogging significantly lesser these days it has gotten busier at work and I just feel like chilling on weekends instead of crunching data and doing reviews. These days the stock price movements have been very sensitive to the FED and trade talk news such that I find it almost pointless to do much analysis (almost no good stocks I want to get are considered under-valued). Just glad that I have picked up some OUE reit, First reit and Capitaland in the past couple of months, regretful that I sold mapletree logistics. Here are some articles this...

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Bloon TD Sunday musing

After 7 consecutive work days, I am having the most unproductive slack-at-home Sunday today, eating popcorns and playing Bloon TD on my laptop. I have always been fascinated by games of strategy. I think the masterminds that designed these popular games are really geniuses – the game play objectives are always rather simple but so many creative elements can be incorporated into them to make it so satisfying to play.  I went back to playing Bloon TD again just to see how much the game has evolved since. There have been no change to the kind of towers and...

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A moment of reflection on ‘history’

I saw this article Five Lessons from History from one of Uncle8888’s post link. I find this article very insightful and here are a few paragraphs that are particularly resounding – “Downturns don’t happen in isolation. The reason stocks might fall 30% is because big groups of people, companies, and politicians screwed something up, and their screw ups might sap my confidence in our ability to recover. So my investment priorities might shift from growth to preservation. It’s difficult to contextualize this mental shift when the economy is booming. That’s why more people say they’ll be greedy when others are fearful...

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What inverted yield curve means

We have been hearing about the inverted yield curve and how it signifies that recession is on the horizon. SO what exactly is an inverted yield curve? Source: Investipedia From the chart above, short term yield is represented by the blue line (US 3-Yr Treasury Note) and long term yield is represented by the orange line (US 5-Yr Treasury Note). We can also substitute the 5-Yr note with say a 10-Yr note. As we can see, the orange line (yield) logically should stay above the blue line, since the note / bond holders are expecting higher compensation for the...

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Get more positiveness in life +++

We often put too much stress on ourselves trying to over-achieve at work, trying to reach a faraway goal like trudging in mud, trying to FIRE and worrying whether we will ever get that cushy, retirement life or dream home that we have wished for. In my search on how to age gracefully (I am going to be one year older soon), here are some sharing on how to get a breather and be more positive. Money ain’t gonna make you stress less, trust me. But these would! 1) Practise MINDFULNESS Mindfulness teaches us how to notice our natural...

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Should frugal millennial guys be scared of Singapore women?

Here I classify “Millennial” based on Cambridge’s definition of those born in the 1980s, 1990s, or early 2000s. Define “frugality” One issue that he raised was that millennial Singapore ladies seem to create the impression that they are spendthrift. They love to travel and instead of viewing travelling as a luxury, it’s like a necessity. Lo and behold I may be just one of them! However, as the keyword said – it is just an impression. It does not mean my goal and hobby depend on travelling. In fact, I do view travelling as a ‘luxury’ in life and...

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Distilled essence from Jesse Livermore

I am finally passed the half-way mark of slowly clawing back my 4-digit lost capital from trading the US market late last year. Slowly cos I chewed like a rabbit (no gut to swoop like an eagle).  Considering that it is only May now, I am hopeful that by end of this year I can at least break even. As the saying goes – “You don’t have to win back the same way as you have lost.”, I take it that it means winning back via a different trading strategy… Not get out of the game entirely. Trading is...

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Quick update – May

What have I been up to this month? I have stopped pair trading completely and embarked on swing trading before the trade war started. Again. Training my psychology and temperament with a “never say die” attitude this time round. (So let me take back my previous conclusion in one of my posts…) What have I achieved? Despite missing the early rally, I have managed to catch some late rallies. My “heroes” were Walt Disney and Monster Beverages. Pocketed some neat profits riding their uptrend and later got whipped out by the trailing stop during pull-back. This time I traded with...

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10-minute decision making

I was on an involuntary blogging hiatus as my laptop broke down (after a good 7 years) and I procrastinated on shopping for it. I could have blogged on my phone, but… I just like the feeling of typing on physical keyboard. Speaking of quirks lol. Today I purchased my second Acer laptop (hope it will last for at least another good 7 years), an Acer Aspire 5. It was a 10-minute decision. Just last week when I popped by the computer store, I was hesitant in making a purchase. So why the quick decision this time round? It...

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