Author: Turtle Investor

Dad Used $289.60 Of My CPF-MA (Yes, He Can)

I might have written about this before (and people ask me how I can keep writing for so many years *laughs*) but this is absolutely worth writing again. Our parents can use our CPF MediSave (CPF-MA) money if they have exhausted their annual limit. Especially for folks with chronic conditions, this is important. My dad has cardio medical issues which meant lots of medication. He may have five-figures in his own Medisave but once the annual limit for outpatient treatments is reached, he will be asked to cough up cash for payments. As you can see, my annual limit...

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The 12th Man For AutoWealth

If this is not your first time here, then you might remember a few blog posts that I have written about AutoWealth. Today’s post is going to be a yet free marketing post for the robo-advisor known as AutoWealth, and I’m their 12th man. Although I do have a five-figure portfolio value with them, I want to stress that almost everything written below is publicly available information. This is also not a post about whether AutoWealth is better than the rest. I feel that the robo-advisors community as a whole have drastically changed the investment landscape in Singapore and...

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C-ries : Free Spotify From Crypto.com (003)

A little under two years ago, I wrote about a crypto project named Monaco. I’ll be the first to admit that I wasn’t pinning high hopes on it in terms of achieving any results, but it has proven me wrong – much to my delight. It has since rebranded itself from Monaco to Crypto.com. Imagine how much that domain name would have cost. The project itself has evolved quite a bit and would take significant time to dissect. While you can read all the relevant information from its website, let me share how I have been using the blockchain...

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When Personal Finance Is Like Buying Dishwasher Liquid

Since I was young, it was natural to learn by watching my parents and observing what they did. My mum was a housewife for quite some years and did plenty of cooking. In all of my memories, Mama Lemon was the go-to brand when it comes to dishwashing liquid. Of course, I grew up and got my own place. Now had to purchase my own household supplies. Naturally, I gravitated towards buying Mama Lemon without a second thought. Being the savvy consumer I knew thought I was, the tools at my disposal were infinitely more. I can compare prices...

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C-ries : Free Crypto From Coinbase Earn (002)

In my last blog post, I wrote about creating a MetaMask wallet. Then again, I know it isn’t much fun without any real crypto to play with – which brings me to what I’m about to write. I feel that the real tipping point is when people can earn crypto, rather than buy crypto. When I am buying crypto, it is hardly anything more than a transfer of value from one asset class (cash) to another (crypto). So. Coinbase is basically a centralized fiat-to-crypto exchange. Yeah, fiat money as in currency. Centralized because if they got hacked or ‘closed...

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C-ries : Creating A MetaMask Wallet (001)

My opinion is that a large percentage of the population of ‘developed’ nations are very well-banked, has no immediate pressing need for Bitcoin or cryptocurrencies, are not affected by blockchain technology and has no incentive to learn or use it at all. 🙂 Okay, now that’s out of the way .. I’d like to write a series (C-for-Crypto-series) of basic how-to posts because blockchain technology and cryptocurrency, as the word implies, is a fascinating marriage of topics involving cryptography, computing/IT and finance/economics .. unfortunately, abstract topics for many. My wife isn’t interested and doesn’t care HAHA. I won’t go...

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Basic Guide By An Accidental Landlord : Renting Out A HDB En-suite Room

A little insight for bloggers who want to achieve crazy traffic – the best performing posts on my blog are actually how-to guides (convert DBS points to KrisFlyer miles, $100 business class hack etc) and informational posts (STI ETF dividends, CPF basic healthcare sum etc). Always happy to value-add so here is another guide on how I unwittingly became a landlord. I basically had to wing it as I went along, as it was not something that I have considered previously. Good experience, obviously, if we ever had to rent out the entire HDB apartment and live overseas in...

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Helpful Tool For Miles Collectors : WhatCard

#NotSponsoredPost I’m feeling generous lately! If you think that only miles cards are used by travel hackers, then you shouldn’t really be writing about the topic. People who are serious about collecting miles know that we rely on a variety of credit cards, each that will reward certain category of purchases (such as dining, electronics, online and travel etc) with a specific number of reward points. While we usually have a general idea of what to do in specific circumstances, rules may not always be so clear-cut or we may forget that certain exclusions apply. Take OCBC Titanium Rewards...

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SPDR STI ETF ES3 Dividend – 2019 (2nd Half)

It’s here! Come August, and it will be the climax of the year for many dividend investors in Singapore. Public service announcement! Biannual dividend of SPDR Straits Times Index ETF (ES3) is here. Ex-date is 2nd August 2019 (Friday) so take note if you’re going to be making any transactions soon. The distribution will be payable on 21 August 2019. Feb 2019 Dividends : SGD 0.056Aug 2019 Dividends : SGD 0.064 Adding up the two, we get a total of S$0.12 for the year 2019. Some basic numbers if you’re interested, that’s a current yield of 3.55% (and a...

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Bought Dyson V7 Fluffy+ For $349 (Lazada Sale)

#NotSponsoredPost I love buying stuff on online platforms during their mega sale events. Not the first time doing this on Lazada, so I roughly knew what to prepare for. My vacuum cleaner is 8 years old – bought it when I moved into my brand new BTO. Since then, it has worked tirelessly. It was the Philips SilentStar and it is remarkably quiet on low-power settings! With wear and tear, the motor is getting cranky and I can never understand how we are only using the 5th disposable vacuum bag after so long?! Parts were  disintegrating too .. so...

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SG Crypto Hub and Selling Some REITs in the Bubbly Market

Squeeze out a quick 15-minutes lunch post. One Small Step Singapore has been a breath of fresh air when it comes to welcoming, adapting and embracing blockchain technology. We now have tradeable private equity on the Ethereum blockchain! I was pleasantly surprised to see news today that the first ever private listing has taken place on 1exchange (1X), the only regulated private securities exchange with a Recognised Market Operator licence granted by the Monetary Authority of Singapore. The listed entity is none other than Singapore-based boutique fund management company Aggregate Asset Management (“AAM”), which has listed on 1X with...

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Top Up Parents’ CPF-RA (Retirement Sum Scheme) To Increase Payouts – A Letter From CPF

After my post in April 2019 about hitting the annual Basic Healthcare Sum target, the engines of wealth have been chugging along nicely in Q2. I’m still on target to hit my goal of reaching the CPF Full Retirement Sum 2019 (FRS) of $176,000 with the current amount at the 86% mark of $152,000. Comparing against the chart above, I have made progress of around $12,000 this year. Looks like it is 1/3 down, and another 2/3 to go? In a previous blog post, I wrote about having the option of transferring out my own CPF money to my parents’...

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Epitome of Positive Reinforcements – New Streams of Passive Income

When I first started helping my wife with investing her hard-earned money in January 2017, I was hoping that the positive reinforcements from receiving dividend income 8 out of 12 months a year would make her interested in finance matters. And yes, it did help. If I thought I was darn smart for doing that, heck – I seriously underestimated what I would eventually uncover. Blockchain technology has upended this whole idea “dividend income” thing. I call it the epitome of positive reinforcements. Caution – this is not investment advice and I’m not recommending any of these options. Staking...

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Recent Investment Stuff – Buying & Selling

Frasers Centrepoint Trust – Preferential Offering Basically a non-renounce-able rights issue of 31 for every 1,000 held. Applied for 1,000 (including allocated) and received 600 units. The process is pretty simple. Basically, they will send you a letter which you don’t even need. Go to the ATM and apply. In my case, I applied for 1,000 units so they deducted $2,350 ($2.35 x 1,000) + $2 (fee) from my POSB savings account. Because the new units will be listed on 18-Jun-2019, I tried checking both my bank account (for any refunded money) and CDP account the night before (it...

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Turtle Fly Business Class : Singapore – Bali (SQ942/SQ947)

And so, I flew my 4th and 5th Business class flights, this time with Singapore Airlines, during my trip to Bali. Self-printed boarding pass because don’t want to trouble the counter staff lah. My first two were way back in 2012 with Qatar Airways (also to Bali). Without a doubt, the flights (hardware wise) were better than my third with Singapore Airlines, from Taipei to Singapore on SQ879 in 2018, which is also the first leg of my TPE-DPS booking. If you happened to have read my earlier posts, this return trip to Bali is actually made up of...

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