Author: Singaporean Talks Money

Renting VS buying a property?

A few weeks ago, I came across an article by Ryan Goh who mentioned about the younger generation purchasing flats with a low tenure left. This means that they would need to pay the loans back and the flat might not even allow them to extract equity from it due to the limited time left. I find this really relatable as I am entering my mid-20s, buying a property has always been on my mind. With land space in Singapore decreasing, property prices would definitely react to that especially when properties in them prime areas. I stay in the...

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SSB VS STI ETF: what to invest in over a period of 5 years and which is better?

My brother recently asked me when he goes overseas to study should he put his money (roughly around a very low 5 figure) which he have saved up from his jobs and NS into Singapore Savings Bonds (SSB) or the STI ETF. This is because he would receive allowance for his time overseas so he would not use the SGD that he has been saving up. I told him the advantages and disadvantages of both and told him that he should think about it and maybe read up more but I could see that he was leaning more towards...

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Trump-Kim Summit

Taken from www.dailypioneer.com 9th June 2018 Over the past few days, the hype about the Trump-Kim summit has been building up. News of it being published and even shop owners and fast food chains are trying to ride on that hype. KFC has released a special four peace meal available only in Sentosa and it can be only served to Trump and Kim. It’s good publicity, putting KFC into everyone’s head when you think of the summit or fried chicken. Many Trump-Kim inspired dishes have also popped up over this period of time. One is a Trump-Kim Chi Nasi...

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When expenses exceeds income: Is retirement possible?

Thoughts of my mum retiring soon has gotten me to think about the expenses that she incurs monthly. With me entering the workforce soon and my brother just starting his university, my mum definitely still has to work a few more years. However, she has mentioned to me a few times that she hopes to retire as soon as she can. Her friends currently are still employed however she has a friend who is retired and told her of her lifestyle which my mum looks forward to. Find out more: Retiring Early and comfortably?- What is FIRE? Over the...

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Portfolio updates (MAY 2018): 2 buy transactions

For the month of May, I made two buy transactions. The first was Singtel which increased my current holdings and I also bought SGX. My entry price for the first buy transaction was Singtel @ $3.32 while SGX was purchased @ $7.25 as of now, both Singtel and SGX has gone lower, with Singtel dropping to $3.25 and SGX to $7.23 Current portfolio as at 1st June 2018: Portfolio. Closed prices on 1st of June 2018 Performance of portfolio My portfolio in the first half of 2018 definitely has not performed as well as I want. This is due...

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Graduating from a Polytechnic

In Singapore, when you reach 12 years old, you do PSLE to determine your next place of study and at 16, you take O levels to continue on. O levels is a little more interesting than PSLE as the options get more diverse where you can either choose a junior college route or polytechnic as your next level of study. For me, I chose polytechnic after O levels as my results restricted only to a few JCs which I felt wasn’t the right choice for me. What also made me chose to go to a polytechnic was that since...

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Tips on saving money on a trip

I am currently in Japan for my family trip. Japan is not a cheap country to travel to hence we were actually considering between Taiwan and Japan. However, we decided on Japan in the end as I went to Taiwan last year and I have never went to Tokyo before. My brother also preferred Japan as he went recently and wanted to explore more places there. From the beginning, we wanted to book the air tickets first so we went to see air ticket deals. We had a few options, namely ANA, Japan and SQ. We checked the respective...

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April 2018 expenses

Finally, I have just ended my finals today and can resume back on my blog. It feels great but I am definitely going to be kept busy because I am heading to Japan soon. Looking forward to that. Expenses tracking have never been a thing for me because I assume that I spend much lesser than my peers. However, for the month of April, I decided to start track my spending to see if it really is as low as what I think. Through the month, I found that it has made me think more before I spend and...

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Retiring Early and comfortably?- What is FIRE?

Over the course of last week, I came across many other experienced financial bloggers who wrote about this term FIRE. I have not yet came across this acronym and was a little confused as to what it implies. Some of the articles that I read were by InvestmentMoats, BULLy the BEAR and Minimalist in the city. After reading through their post, I could get a rough meaning of what FIRE stands for. What is FIRE? FIRE stands for financial independence, retire early meaning that you have achieved financial independence and can retire early as you are financially independent. After...

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Investing cautiously through STI ETF?

I came across an article on the INVEST section of The Sunday Times issued on Apr 15, 2018 that wrote about a simple strategy proposed by Warren Buffett and that simple strategy is called dollar-cost averaging. The articles starts by writing that many of the conversations that the author Sean Cheng had with investors over the past few years has been about worries about a stock market crash coming soon. However, it has been shown instead that over the past few years, no major crash occurred and instead, the stock market has performed quite strongly. He then brought in...

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Reflection over my time in University

It is almost the time of graduation for Universities and by now, a proportion of students should have already gotten a job offer while the rest are still on the look out for one. My graduation will be next year as I have one more semester to go before I graduate. My friend graduated last year and she has been working for a year so far. Her friend who graduated the same time as her last year studying business has told her that it is not easy finding a job. She graduated from a private university similar as me...

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2018 General Investment Plan – Watchlist of Stocks

For 2018, I hope to have an investment plan and goal to move towards and to be able to have more capital injection to boost up my portfolio. Right now, every month I am building up my cash with approximately $300. So far, 2018 has been a very exciting and turbulent year for the stock markets. From the correction of the stock markets to the trade war between US and China and then Facebook’s controversy, they have all contributed in one or more ways to how people reacted to the stock markets. For now, I am looking at a...

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Singapore’s Housing Future: Co-living?

I have just completed my assignments and quizzes for the past few weeks and I do have one more assignment and exams before my holidays. But I am glad and a little more relaxed right now. Today, I just saw this video, didn’t get to read the article as it is a premium article (ahem, meaning that I got to pay to access it) but the video was kinda enough to let me know the main gist of what they were writing about. I also found another article that describes co-living in Singapore and is about the same company...

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Total Current Assets – Breaking $10 000

Since starting investing last year, I have realized the importance of tracking whether its the stock holdings that you have or savings that you are keeping. So today, I have decided to have a post that will show my stock holdings and current cash holdings too. Considering that it is going to be quite awhile before I am able to draw my CPF, I will not be including it in my current calculation. So I will be including my stock holdings and cash holdings. *Stock Holdings:  Allocation of Stock Holdings As you can see in my portfolio, I am...

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Having a good credit score

Recently, I came across this YouTube video about this real estate investor from U.S.emphasing about the need of having at least one credit card as early as you can afford to. He starts the video by talking about his family situation since young where his family was very opposed to having debts in cluding credit cards. So his family did not have a good impression of credit cards and everything should be paid in cash. Credit cards also made his parents became bankrupt and so he was really into cash. [embedded content] As a real estate investor he wanted...

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