Author: Sipping Coconuts

Individual Bonds vs Bond ETFs

During the stock market crash of 1929, the Dow Jones industrial average index plunged 90%. Millions of investors lost their life savings, major corporate and economic figureheads came crashing down and the world entered the Great Depression. Amidst all that turmoil, two investment bankers, Alfred Lee Loomis and his partner and brother-in-law Landon Thorne, had profited handsomely through their prescient wisdom to liquidate all their securities and to gradually convert everything into long term Treasury bonds and cash. They were “caught with their pockets full”, because they were in bonds and cash. (Source: Tuxedo Park: A Wall Street Tycoon and the...

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Our profit from Eagle Hospitality Trust

At the end of 2019, SippingCoconuts was fortunate to make a quick buck trading Eagle Hospitality Trust (EHT). How much? A decent 20%. But before that, some background information. EHT made the news at the time due to market concerns sparked by an article by The Edge Singapore newspaper. The article highlighted a letter which purportedly meant that one of the trust’s second most valuable hotel asset, The Queen Mary (approx. 12% of total assets), was likely to be impaired, as the hotel operator which was related to EHT’s sponsor was in breach of certain lease conditions. As a...

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What We Have Spent Travelling for 4 Months!

We’re well into our travels and 4 months have gone by so fast! Too fast, in fact! I think we’re completely adapting and loving our nomadic life. Alas we can’t go on forever given this is a mini retirement so we most certainly need to get back to working and earning more. We’ve also spent more than expected, boo! Ready for some numbers? In total, our 4 months on the road has cost us a whopping SGD26,452.80. That is about SGD6,600 per month and SGD222.29 per day! Without the cost of connections between countries and cities, our daily cost of living has...

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CPF Voluntary Contribution

Come the year end holiday season, many readers are probably looking forward to kicking back and spending quality time with family and friends. One thing that usually gets forgotten is to consider voluntarily topping up their CPF. (That is…until it is tax season in March the following year and you see a tax relief available for topping up. Admit it… haha. We’ve all been there and done that.) (Note for international readers: CPF is Singapore’s superannuation or defined contribution pension system.) Why bother topping up my CPF? I know there are mixed feelings amongst many with regard to CPF....

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Video Series: How to Achieve Financial Independence

Mr.C and I have always been passionate about personal finance as a topic for ourselves and for empowering others. We launched our Lifestyle Design Consulting just a few weeks back as we realize that more and more people, especially at this day and age, are looking to live a life that means more to them that the default lifestyle that we are shown. One of the biggest barriers to the Financial Independence Lifestyle is the Mindset. People think it’s way to complicated for their non-financial brains to comprehend. We’re going to break that barrier down in Lifestyle Design Consulting and to support...

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Our Best Travel Moments of 2019

Something about the end of the year has a way of making a person reminiscence, doesn’t it? I like it, I like looking back in reflection of the good times, the not so great times, the lessons and simply just to smile. 2019 seems like a really long year when I look back. We started the year still at work and unsure what our plans for the year would be. We had 1 way tickets in May to begin our adventure however my unexpected work gig made us reluctant to leave as I loved my job. We threw in a consolation trip...

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Is a Sabbatical a Good Idea?

Sabbatical or a sabbatical (from Hebrew: shabbat (שבת) (i.e., Sabbath), in Latin: sabbaticus, in Greek: sabbatikos (σαββατικός), literally a “ceasing”) is a rest from work, or a break, often lasting from two months to a year. (Defined by Wikipedia) 2 month to 1 year, no longer otherwise it isn’t legit 😀 In the conventional FIRE sense, I suppose not. FIRE followers ought to be channeling all of their energy to accumulate as much as possible to achieve FIRE in the quickest time possible. That money that one would spend on a sabbatical, doing whatever they wish to do, should be flowing into income...

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The Beauty of Income Producing Assets

Have you experienced the joy of having money almost literally dropping on your lap without any effort on your part? Neither have we, before discovering the joys of income producing assets. It’s the whole premise behind popular books like Robert Kiyosaki’s Rich Dad, Poor Dad and Tony Robbin’s Money, Master the Game.  You could read their books for the story and the entire mindset shift that comes with this type of investment (which makes for really good reading!), or you can just take it from us that this is the crux of the matter. Just 2 weeks ago, we learnt that we...

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The Shocking Realization About Time in our Mini Retirement

When we planned this trip, we conceptually spoke about how important it would be that we carve out time for ourselves individually. As much as being with the family all the time was great, we said we would take turns to give each of us adults time alone every week. It has been 3 full months since we started our travels, it’s amazing how fast time flies. Up till 2 weeks ago, we haven’t made good of our promise to each other except for 2 days in Galapagos Islands when we went diving. Granted there was a period of...

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The Biggest Lie We Tell Ourselves

Not too long ago, I discovered one of the biggest lies we tell ourselves and everyone around us. It’s not an intentional nor a malicious lie, but it’s a lie that limits us in more ways that we could imagine. It’s just 5 words. 5 words that we say in absolute exasperation many times. 5 damning words that makes us completely and utterly out of control. “I don’t have the time” We’ve all been there and we’ve all said this, haven’t we. Do we stop to think about what it truly means to be saying that sentence so often?...

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We Were in the Straits Times!

It was pretty surreal seeing this happen! Remember sometime back I fiddled with the idea of being interviewed? #dreamsdocometrue We were prepared for both sides of the coin of being in the papers. The positive and the negative. Here’s the thing, everyone has something to say. We could be fussed and fight over every wrong assumption a person makes or we could just practice the art of not giving a second thought about it. Although we are prepared for negative comments, I think it’s unfair to let some major ideas float around uncorrected because it might deter others from embarking on...

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A Tribute to Family

“The most important thing in the world is family and love.” –John Wooden I heard my mum mention to a friend a few days ago that Mr.C and I worked very hard and planned for this adventure very carefully. That was a nice comment but I did realize at that moment that that’s only half the picture. We could not have done this without our family. No, they were not 100% behind the idea. There was uncertainty, there was worry and there was also disbelief. But they were there for us 150%, every step of the way when we...

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The SC Checklist for Extended Travel

It’s good stuff, share it! We are leaving Singapore in exactly 14 hours, woohooo! Seriously stoked. Can’t wait for this adventure to begin! At the same time, still having mixed feelings. It’s about going off into the unknown. Travelling on an extended trip is a whole different beast compared to the kind of travels we have ever done for periods no longer than 2.5 weeks. This may sound nerdy but we are spreadsheet people. We have spreadsheets for everything because behind every decision, there must be solid financials and sound planning. Both require a spreadsheet, at the most basic...

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The best place for ideas

It’s good stuff, share it! What’s your best source of ideas or inspiration? For me, it is social media. Social media can be a double edged sword.Some say it is useless and yet sometimes it’s a great way to connect to ideas that are trending. For example, Instagram (love it as we do) is a bit leisure oriented to me because it tends to feature travel/style/foodporn to occupy time and entertain. Do follow our Instagram for photo updates of our upcoming mini-retirement’s Great Adventure through Europe and South America! On the other hand, I find Twitter to be a...

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