Shares & Derivatives
September 2013 Update
By Five Cents Ten Cents  •  September 24, 2013
It’s been almost a month since my previous update. It’s currently the September school holidays and I’ve taken leave to spend some time with the family. My portfolio is mixed as my equity is all right although my Singapore Government Securities took quite a beating. I bought near par and if I sell now I will suffer paper losses of about 10-12%. The good thing is I invested in the bonds for safety and also for long-term cash flows and intend to continue holding them until maturity. I am still walking on this path towards financial freedom but just that I spend less time documenting my journey through this blog and more time focussing on developing my career skills as well as learning to use interesting models to understand businesses’ financial statements. There’s only about a quarter more to the end of 2013 and this year my portfolio returns would ... Read the full article →
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By Five Cents Ten Cents
PanzerGrenadier is a 30-something accountant who finally grasped the concept of financial freedom at the ripe old age of 32. Ever since, he has been travelling on his journey towards financial freedom and documenting his adventures through his blog "fivecentstencents". PanzerGrenadier allocates his non-work time in between living within his means, saving and investing as well as spending quality time with family. He is an avid toastmaster and has completed 10 years of being a reservist conscript in the Lion City.

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