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2020 Mid-Year Review & Investment Outlook
By The Babylonians  •  July 11, 2020
6 months just breeze passed since I last wrote about what I wanted to do after graduation. Now that Q2 has just ended, I thought it would be a good time to consolidate some of my thought processes and share it here. I have made many wrong calls, changed my investment philosophy and learnt many new things in 2020. Here is a list of them in byte-sized themes. 1. Clearing Off Student Loans Firstly, this whole thing about offence & defence in the art of war, about reallocating student loan repayment to investments, that did not happen. In the end, I chose to continue my monthly repayments at $1,500 after the government announced all interest on loans would be waived until June 2021. So I took the conservative path and intuitively that also feels right for me. Becoming debt-free should be the main priority, especially in uncertain times like now. As...
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By The Babylonians
The Babylonians is a personal financial blog inspired by a book titled “The Richest Man in Babylon”. This blog shares insightful and educational content on investing across 3 asset classes: Stocks, REITs and Crypto. The motivation behind The Babylonians is to help the average Joe (using myself as a test subject) escape from the rat race through following certain laws and principles of wealth.
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