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Endowus – September 2021
By KPO and CZM  •  October 16, 2021
If you have read my previous update (Portfolio - September 2021), you would have seen a small section on NFT (Non-Fungible Token). Long story short, I minted/bought 3 NFTs for 9 LUNA in total (3 LUNA each) which was around US$369 at the point of minting and sold the least rare one for 118 LUNA (~US$4,838) in just 5 days which translate to 3,933% return (not annualized). Crazy! I was also able to participate in a token issue/launch (IPO equivalent) where my initial investment of US$1,500 is now valued at US$16,500 at the point of writing (Pylon Swap for Nexus Protocol. Psi current price - US$0.11). Essentially, I made ~US$20k in just 2 weeks. How to go back to stocks/ETF? lol. Anyway, I will blog in detail about the above especially on Pylon Protocol. Imagine a fixed deposit equivalent (capital guaranteed) but with hundreds % of yield/interest, it is just mind-blowing. Risk Profile Goal type: General wealth accumulation Risk tolerance: Maximise returns (loss tolerance -60%) Monthly investment using SRS: $638...
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By KPO and CZM
I am Ong and my fiancee (Chan Zui Mao a.k.a CMZ) calls me a Kiam Pok (i.e. stingy/thrifty depending on how you look at it). Hence, the nickname KPO (Kiam Pok Ong). We have decided to name the blog KPO because I have proposed to CMZ successfully and she is officially a KPO too. The purpose of the blog is to list down all the money-saving tips, our investment/journey to financial freedom and to document my life with CZM.
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