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Rethinking F.I.R.E (Financial Freedom) in Singapore
By The Babylonians  •  February 25, 2021
I started this blog with the motivation to share my ongoing journey towards achieving F.I.R.E or financial freedom in Singapore. The initial idea was to start early, invest in dividend stocks and REITs, and build a steady stream of passive income progressively. My very first investment was Ascendas REITs, 200 units @ $2.56. That is back in Oct 2018 while I was still in uni with loans and no money. Subsequently, I added more shares of Ascendas then Mapletree Logistics Trust and finally Capitalmall Trust during the Black Monday crash in 2020. Along the way, I have also invested in crypto staking tokens, bought shitcoins here and there. But around mid-2020, I decided to get serious and did a major rebalancing of my crypto dividend portfolio. The 2 staking altcoins that I decide to go all-in is ICON (ICX) and Kyber Network (KNC). To date, the total invested capital...
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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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