Expense Report: January 2017

I’m starting afresh to diligently report my expenses after taking a break for a year. I wish I have the perseverance of Mr 15HWW to keep doing this year on year but I’m going to try my best! Transportation: $145 Commuting charges on the B.M.W (bus, MRT, walk) went much higher this year due to the Chinese New Year as we took cab rides when visiting our relatives. Food: $378.70 Food … [Read more...]

Travelling is Cheap if you are


What would you do if you won the $12 million TOTO jackpot? "Oh, I would have a big party, buy 2 nice condos, live in 1 and rent out the other, then I will go and travel the world!" That's nice. But why can't you travel now? "Travelling is EXPENSIVE. I can't afford to travel!" ----------------------------------------------------------------------------------------------- Have you … [Read more...]



Without a doubt, retail investors and fellow Singaporeans will be looking forward to the details of Singapore Budget 2017 to be delivered by Finance Minister Mr Heng Swee Kiat later today, 20 Feb 2017. The budget is expected to be one which will provide more details on how the government will allocate resources to transforming the current Singapore economy into the future economy envisioned in the … [Read more...]

3 ways to make an extra $1,500 a month when you retire

When it comes to financial planning, small and specific goals are best. Aspiring to make $15,000 or $25,000 a month without working is all well and good, but don’t forget to take concrete steps to secure a realistic amount. With some discipline and prudence, it’s not unrealistic to aim for an extra $1,500 a month (on top of CPF payouts) after retirement. Here are three ways: First of all, why … [Read more...]

The Easiest Superpower To Learn


Last week, I found myself standing in front of a crowd of ten people. Everyone was staring at me. One guy was frowning. I was feeling a little jumpy. I wondered whether my fly was open. Crap – I couldn’t remember my opening. I had no idea what to do with my hands. I remembered that “thought leaders” usually touch the tips of their fingers together, so I did that. “Okay,” said the coach. “You … [Read more...]

What’s in the Singapore Budget 2017 for us?

Finance Minister Heng Swee Keat delivered the Singapore Budget 2017 on Mon 20 Feb. Since I have spent a few years working in the tax division of accounting firms in Australia and Singapore, the Budget speech is something I have gotten used to following every year. It has become a habit to review the corporate, personal and other tax measures that are announced then. But let’s focus on how this … [Read more...]

Investment Using SRS fund – My Experience

Many articles have been written on SRS Account and it’s pro and con. You may find few good blogs and summary as below : SUPPLEMENTARY RETIREMENT SCHEME (‘SRS’) ACCOUNT FROM HEARTLANDBOY  (HERE ) Is the Supplementary Retirement Scheme a Waste of Your Time and Money? From Money$mart.sg (here) Why it makes sense to contribute to the SRS account (to a certain extent) from moneydigest.sg … [Read more...]

The Future is Female Conference : Ticket Giveaway + Discount Code

Based on the demographics of visitors to my blog, it would seem that men are more likely than women to be interested in the areas of personal finance and investment.In terms of the people I know personally, the same trend holds true. Do you notice the same trend as well?Taking a look at my Index Investing Facebook Group, no doubt there are plenty of ladies in it as well but it would be fair to say … [Read more...]

Challenges for the modern millennial woman

Do you remember a post I wrote last year about why I left my previous job? One of the main reasons being the deteriorating relationship between my tax partner and tax manager (after her return from maternity leave) over mismatched expectations, lack of communication and poor conflict resolution. This put me in a difficult position in the middle between the both of them and I hated it. Would you … [Read more...]

Man’s search for meaning

When I first started out in the work force more than 8 years ago, I came across the aforementioned statement but did not really pay much heed to that.   Goals back then were pretty simple and revolved largely around trying to get as far up the learning curve as possible and grab on to those handrails on the gravy train without getting flung off. I shudder at the thought off getting thrown off a … [Read more...]

My Personal Cashflow

Kyith wrote a good piece of information this morning (Link Here) regarding segregating the difference between balance sheet and cash flow/cash and connecting the dots between how we look at company the same way we tend to shape our very own lifestyle and finances. After reading the article, I am tempted to look deeper into my own cashflow because I don't track my income and expenses very … [Read more...]

Old news that made me go hmmm last week


I am not a very up-to-date kind of guy. Sometimes I stumble across some very old facts that I did not know about before (and that have nothing to do with investing). Like this one: The condor uses the least energy to move a kilometer of all species. So far so good. That sounds reasonable. The source being a study published by Scientific American in March 1973 (= good excuse for not having … [Read more...]

CFE post : How SMU can fit into the future economy.

Yay ! Mid-terms are over. Today, I wanted to combine several posts into one. Of recent note, SMU has been on the radar of social media as of late. Exchange student Kerry Dwyer has written very candid comments about her SMU and Singapore experience here. In a mid-term party which was conducted by my JD pals yesterday,  my foreign classmates felt more inclined to agree with Kerry. There are … [Read more...]

“I Sell Fried Chicken”


My previous post about my investor friend was super well received. So much so that I’m reluctant to even link it here anymore. I just dunno if he’d appreciate the sudden publicity. Anyway, I said I’d share about another highly successful individual that I know personally. Incidentally, I recently saw a Bloomberg report about … [Read more...]

Win and win again with SRS.

I blog about the SRS pretty often and how my SRS account is a war chest. I also said before that I don't mind having quite a bit of money idling and waiting for opportunities. When opportunities come knocking, I pounce! I get to save on income tax and invest for higher returns. It is a win win situation with both winners being me! Greedy AK! Bad AK! SRS money cannot be withdrawn until … [Read more...]

Interview with King of Popiah, Mr Sam Goi

I watched the TV interview with Mr Sam Goi last Sunday on Channel 8 under the third season of the episode "Hear me Out". In the previous season, I watched the interview with CEO of Sheng Siong and was impressed. You can revisit the post which I have created arising from watching the interview here . For this episode, I have looked forward to being impressed once again by one of the richest men in … [Read more...]

Random thoughts: The sense of urgency as a student

Time flies, as much as I enjoy my semi-retirement life as a student, (Stressfree at full pay, how cool is that?)it is almost at half way point. It is quite a hectic schedule, but stress-free, makes hell a lot of difference.   I felt an urgency to really read as much as possible, talk to people as much as possible and prepare as much as possible before I go back to school, because I am aware, … [Read more...]

Your Personal Cash Flow Statement – The Complete Guide


There are 2 documents, that in my opinion, tells me whether a person or family is operating in a financially healthy manner. One of the document is their personal cash flow statement. The other document is their personal net worth statement. Today, I will focus on: What is the Personal Cash Flow Statement Why your Personal Cash Flow Statement is Important How can you create your … [Read more...]

Comprehensive financial cost from pregnancy to birth – Part 3

Finally received the final bill from NUH, so that I can properly blog about the cost of the entire pregnancy and delivery. To be honest, NUH billing is so complex and it's not immediate intuitive to know what the costs are. I received a total of 3 billings, one while in the hospital, one after I've discharged and the last one about 2-3 weeks after we discharged. Why so many bills? I've no idea. … [Read more...]

My notes on Tools of Titans


I just finished the big tome of a book, titled "Tools of Titans" by Tim Ferriss. If you're into self help books, you cannot avoid reading his books. This book is a series of summary from all his 200+ podcasts (each 2 hrs+ long) condensed into one big compendium, divided into 3 broad sections of health, wealth and wise. As a financial blogger, you might think I'll dive straight into the wealth … [Read more...]