Author: The Turtle Investor

Almost Impossible For An Average Joe To Earn One Million Miles In A Year

In December 2016, The Business Times had a sensational article on a Singapore family – a married couple with two kids – who is about to take a trip around the world in style i.e. Business Class, for “free”. Since then, mainstream publications has picked up on it (I mean, who doesn’t want to read about such extreme indulgence?!) and you can check out the links below. The skeptic in me went into overdrive and based on my experience, it is ridiculously difficult to do what the “Singapore family” has achieved, even more so in less than a year. So,...

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A 5-minute Phone Call Saved Me $60

I did a really stupid thing recently. I had set up GIRO payments for my new credit cards (only use credit cards if you always pay in full every month), but I had forgotten that I had done so 🙁 And so, my credit cards statement came, and I went ahead and did manual payments. All good, so far. Due date came, and the bank attempted another deduction, which usually shouldn’t be a problem. They would realize that payment has already been made, and refund the money to me, correct? Unfortunately, my POSB bank account isn’t my main account...

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ABF SG Bond Index Fund & STI ETF – DIVIDEND 2017

Yet another public service announcement brought to you by Turtle Investor. Every year at around this time, the visits to my blog would spike just a little because of folks who are looking for dividend information. As usual, SGX is one of the best source of definite dividends information and I’ll re-post it here. Here goes. ABF SINGAPORE BOND INDEX FUND ETF – 2017 Ex-Date : 03 Jan 2017 Record Date : 05 Jan 2017 Date Paid/Payable : 17 Jan 2017 Amount : SGD 0.0214 (current yield at 1.87% via SGXCafe) While I’m at it, below is the corresponding...

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Choosing A Longer HDB Loan

A comment by Andy from Tacomob in a previous post on HDB loans led to this post. I was sufficiently intrigued to try and dig out my calculations from 5 years ago. Unfortunately, they are nowhere to be found. Heck, so I made new ones! This time, I cheated by using a financial calculator app, though. Sidetrack a little for now – I saw this post yesterday on buying a first home and the considerations that went into it. In particular, I was interested in this part that goes – For example, if we had opted for a $300,000 loan over...

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All Time Top 5 Blog Posts

Blog statistics are a treasure trove of information, and really fun to share! I’ve compiled the following top 5 posts, starting from October 2013 to December 2016. It doesn’t surprise me to find these posts being listed in the top 5. Unlike other blog posts, these contain information that are fairly timeless and would benefit readers who are interested, regardless of whether they read it now, or years later. Especially when the pace of evolution in the indexing scene in Singapore is so slow. Which also means they will continue to pull in views long after they are posted....

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The Same Question Whenever STI Inches Upwards

From SPDR Straits Times Index ETF official website, distribution yield has now dropped to 3.04%. Price/Earnings is a little higher at 12.56, and Price/Book Ratio is 1.23 🙂 As the STI slowly inches upwards, the same old question pops up. Is it too expensive to buy now? I always refer them back to this post (see bottom half). What we know from history : – The Straits Times Index had carried a valuation that was substantially lower than its historical long-term average. – The index had tended to produce some solid returns in the past when it had carried similar valuations....

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CPF Money That Keeps Growing (2017)

Not so long ago, my brother-in-law applied for the latest HDB launch of flats, and selected a 4-room apartment to ballot for. My brother-in-law had quite a few questions for me, but my memory is failing me as the process happened so long ago. Red Brick has an awesome infographic that answered a lot of his financing questions. Located right beside Woodleigh MRT, the apartment had a decent location which commanded a really high price. The median price would put it right at the half-a-million mark. A scary thought to me, and a huge difference compared to what my wife and I...

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I Started A Tiny Portfolio For My Wife

Recently, over the New Year, the strangest thing happened to me. My wife asked me to help her with investing her money. Which is the equivalent of snowing in June! Yes, I blog about personal finance and index investing. And no, I have never, ever bugged her about investing her money. The only thing that I “enforced” was for both of us to have integrated H&S MediShield plans with the necessary riders attached, in case stuff happens. Have you watched the movie Inception? I’m a little guilty of playing this trick once in a while. Sometimes, it works! For...

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Grabbing Hold Of The Winds Of Change

Hey, what happened to my annual review and/or new year resolutions post? Nah, I believe that change can happen whenever we want as long as our will is strong. I made Christmas resolutions haha! Which includes the usual – eat better, sleep better, and exercise better. Wear less contact lens. And unsubscribe to useless emails. Along the way, mr-stingy and Heartland Boy were kind enough to think that my *ahem* advice would help their readers, and I am more than happy to contribute. STILL patiently waiting for Smartly to launch, but from email correspondences with Keir I’m confident it is...

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Turtle Investor 4th Annual Giveaway Ends In Less Than 2 Days

FYI – the Turtle Investor Annual Giveaway 2016 is ending in a little over 30 hours! All you need to do is to subscribe to my blog (scroll down to end of the post) to be eligible for this and all future giveaways 🙂 If you’re already a subscriber, you don’t even have to lift a finger. The current subscriber count as of today is 674 which means the chance of winning is about 0.14% but hey, you never know! See past winners here, here, here and here. All giveaways are sponsored by your fellow readers who generated the necessary ad revenue to keep...

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Blogging Income 2016

If $$$ numbers are what you’re interested in, let’s dive straight into it first. Ad Networks – Google Adsense : S$59.61 – Monumetric : US$463.46 Affiliates – Travel Smart Rewards : $68.00 – RedMart : S$280.00 – Airbnb : S$91.00 Others – Sponsored Post : S$90.79 Grand Total – Singapore Dollars : $589.40 – US Dollars : $463.46 Ad Networks If you’re thinking that you need fantastic traffic to start getting some decent earnings, don’t worry! You can see that my traffic is actually pretty average but the key is in the choosing the right program such as Monumetric. If we cast aside...

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Learning From A Toilet Roll Holder

In the past, life was simpler. So was design. Each restroom cubicle has one toilet roll holder which holds a single toilet roll. Not sure if any of you have noticed the restroom janitors rolling two partially used toilet rolls together to form a single, toilet roll, after which they will use it to replenish the toilet roll holder. This was their way of not ending up with endless partially used toilet rolls after topping up each morning. Valid solution, but poor efficiency. Massive waste of man hours. So, how to improve the system? Improve the design! *drum roll* The...

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Turtle Tip : How To Pay Only $18 Per Trade

Boy : “You mean you didn’t know?”Girl : … Yes, it was one of those days when a normal conversation erupted into a WTF moment. Luckily, not at my expense though. StanChart’s implementation of the $10 minimum commission has come and gone by. Excluding the StanChart option, retail investors generally (but not always) pay $25 in brokerage fee per trade. But, you don’t have to. I thought it was an open secret and common knowledge. I was wrong to assume. DBS Vickers Cash Upfront Account (Online) If you have a DBS Vickers account like me, you will see this when you log in...

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A Taste Of Singaporean Healthcare And How Much It Cost

A few days ago, I had a minor operation done at Day Surgery Centre at the Khoo Teck Puat Hospital. Usually, it is good news if we don’t have to experience the healthcare system of our country. It was my first taste of the Singaporean healthcare system. For the benefit of all, I will provide a quick walk-through on the process. To get a referral to the hospital for my minor problem, I first headed to the polyclinic to visit the doctor which confirmed the medical condition. I was given a choice of hospitals to choose from, along the...

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Turtle Perspective – Terrex Twist

If there is a single most important thing that blogging has taught me, it is about perspective. Different people have different perspectives. Different parties have different perspectives. Even if you don’t blog, there are many friendly bloggers who constantly share their experiences and lessons. Dig beneath the surface just a little and you will easily hit gold. With the lack of complete information, the actions of one will be interpreted by different parties in different ways when conveyed in different manners. In short, a big mess. I usually don’t like to dabble too much in trending topics but I...

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