Author: The Turtle Investor

Inheritance Tax For Index Investors Is Important?

It has been three years (December 2012) since I first started writing on Index Investing. 150 blog posts and tens of thousands of words later, we are finally here. In a morbid way, it is kind of fitting that inheritance tax is the final big piece of Index Investing puzzle left for me to tackle. Nah, don’t you worry. I’m gonna keep on writing for here. The possibilities are endless! The last topic I wrote about was on dividend withholding tax, an area which had caused considerable confusion. By sharing what I knew, I realized that I had also learnt...

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Turtle Talk – Focus On The Important Things

The Missus wasn’t feeling too good since the day before, and her condition didn’t seem to have improve much. Being the caring hubby I would like to think I am, I took a half-day leave yesterday so that I can keep an eye on her and take care of her. Yes, work has always been busy and there are always tonnes of unfinished business no matter when. Few months or years down the road, no one is going to remember that one single day. It is simply one of those days. I chose to spend this five hours making...

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Financial Advice? Stunned Like Vegetable

On one hand, it is heartening to see local personal finance portal MoneySmart getting another round of funding to expand its operations. We need more of these resources to help with financial education in SG. On the other hand, I can’t help but wonder if profiting and gains would eventually outweigh and corrupt the potential good that it can do. One would think that after the Straits Times debacle, people would think twice before peddling unit trusts to newbies of the investment world. The SG finance bloggers are about to strike back, I can be sure of that! Guess not...

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Turtle Tales – Square Luggage Bags

I’ll be parking my “random thoughts” posts under this new Category in my blog. Seems like there are lots of these recently hahaha. Forgive my indulgence. If you’re not interested just skip through the Turtle talk posts. This particular entry is partly inspired by my recent trip to the Land of Smiles, and partly by SMOL though I couldn’t exactly remember which post it was by him. Things just swirl in my head for days sometimes. Anyway. If you are like most people, you probably own a plain looking luggage bag or two that’s rectangular in shape. Left alone, it can...

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Nobody Told Me About Singapore Savings Bonds

No no no, I don’t mean myself or you. I’m referring to the citizens – John Smiths and Jane Does of Singapore. After Singapore Savings Bonds was launched amid much fanfare (in the finance-savvy community), I was curious about how effective the broadcast truly was. I don’t read much local news and I’m guessing it was more or less restricted to the mainstream media with news article on Straits Times, Business Times or Channel News Asia covering the Whats, Whys and Hows. But hey, nothing beats randomly asking a few clueless people, huh? I asked my wife. My family....

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There Are No Foreign Lands

There are no foreign lands. It is the traveller only who is foreign.– Robert Louis Stevenson At least twice a year, my wife and I would make it a point to travel out of the country. It could be a shopping trip to Bangkok, a food-fest in Penang, an affordable luxury getaway to Bali, a sightseeing adventure in Taiwan, a rustic beach house in the middle of nowhere, or simply a self-rewarding spa session at Batam. Tomorrow, I shall embark on a self-imposed 6-days of restricted access to mobile communication devices. Remember the days where we could immerse ourselves in an unfamiliar...

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How To Make Insane Savings Ordering From RedMart

With the bad haze this week, there has never been a better time to try ordering groceries online. Buying from RedMart is really easy, and I have realized that now I’m probably getting up to 75% of my groceries online via RedMart since it launched last year. What Is RedMart? RedMart is Singapore’s leading online store for groceries and household essentials. With thousands of products at great prices, 2 hour delivery windows, and free delivery over $30 for first time customers and $49 for subsequent orders (for now), life just got a lot more convenient. That’s it, three simple steps....

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How Much Money Should I Repay? – Part 2

Wait! If you haven’t read my previous post of the same title, please do so here. This is a follow-up to it. Many thanks for those who answered. In the short story told in my previous blog post, I had used an interest rate of 2.5%. In truth, the interest rate was more like 1.88%, and the amount was in fact closer to $20,000! Nevertheless, the interest rate isn’t the key. I had used 2.5% for a very specific reason. The eagle-eyed amongst you might have sensed a slight similarity between my short story and a certain issue many Singaporeans hold...

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How Much Money Should I Repay?

Looks like the haze is forcing many of us to stay home as a result. Ah, that means more time to write and scribble. Do you have a little time for a short story? My dad had $10,000 earmarked for his retirement sitting in a high interest account earning 2.5% each year. I borrowed the money from him so that I could pay the downpayment for my new apartment. I can foresee that cash is going to be tight during the first couple of years. Therefore, I told my dad that I will eventually return him the money in...

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All That Glitters Is Not Gold

“All That Glitters Is Not Gold” is a well-known saying. It means that not everything that looks precious or true turns out to be so. Very often, we are affected by and taken in by outward appearances, perceiving them to be a reflection of the truth. Staying up till the wee hours in the morning last night, I was surprised that perceived reality turned out to be the exact opposite of actual results. It is also a timely reminder to apply the same skepticism to other aspects of life, which of course includes investing. Stormtrooper : SHINIES! I want shiny rings!! Bling le Meow :...

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Paper Loss Achievement Unlocked

Let me first congratulate myself on accumulating some decent paper losses! I have waited a long time for this. Just to be clear, I have long-term faith in my portfolio and thus, have not and will not engage in any panic selling. To be frank, it didn’t affect me much physically and mentally. I eat well and I sleep well. I went about my daily routine and grabbed the opportunity to purchase a little bit of STI ETF. The 20% drop/correction didn’t exactly have the impact I was expecting. I truly thought I that might feel a little bit...

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CPF and 4-Room HDB – My True Story

Election season has kicked into high gear with many “hot-potato” topics such as housing (HDB) and of course CPF taking centre stage. My stand is that I don’t blindly support any party in particular. May the best (wo)man/(wo)men win. Okay, moving on. I thought that now would be a perfect time of sharing my experience with issues close to many people’s hearts – HDB and CPF. A personal story would perhaps resonate very strongly with you. I, for one, loves a personal story and these days, I find myself enjoying non-finance posts from bloggers more and more. Weird huh? In The...

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The Stock Market Sale – One Man’s Perspective

I confess. I don’t follow the market every single day, even though I do try to read regularly and keep myself updated out of interest in general finance matters. I had intended to make a blog post earlier but my 7-year-old computer died on me, so I had to get a replacement built at Sim Lim Square. Blew more than $1K on it (yes, I still do casual gaming) but nothing to be worried about as I had budgeted the money for it way earlier. Caught By Surprise Anyway, imagine my surprise when I logged in to my portfolio tracker...

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Arrival Of Automated Investing In Singapore

DrWealth has been keeping their cards close to their chest with little details on what to expect from their newest offering – an automated investing service. Automated investment service is certainly not a new concept of idea and has plenty of interest, primarily in the United States with established players such as Betterment and Wealthfront managing funds in excess of US$1 billion. What features is DrWealth touting? Build an automated, intelligent and diversified portfolio with low fees Worldwide diversification via ETFs Seamless trade execution by trusted partners Customised investment plan Automatic portfolio rebalancing Take your portfolio with you everywhere Sounds like a...

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Bloggers For Charity

The current financial bloggers community in Singapore has a generally good vibe and dare I say, a relatively good reputation as a whole. Yes, we are evolving as we speak. Sure, we may not always agree with each other, we may have different investment strategies, and some of us may even playfully “poke” one another from time to time. This does not mean we do not take the opportunity to learn from others and understand their point of view. Is it because many of us have *ahem* nobler *cough* intentions when we started writing? Are our similarly aligned goals...

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