Category: Finance Smiths

Do I need to take that risk?

It’s been a busy week at work and outside of work. Trying to finish up tasks before my colleagues head off for their block leave. And going for various celebratory events due to the festive season. We will probably be staying in at home tomorrow to rest and recover for the new work week ahead. […]

Taking things slow and steady

I’m sure everyone has heard of the famous saying – slow and steady wins the race. This is the morale of the story about the quick hare losing the race against the slow-moving tortoise. Essentially, it means that even an average person can achieve success through persistent and consistent efforts. I still remind myself about […]

When the percentage increases drop

I made a change to our Net Worth Google Sheet by removing the tab on graphical illustration of the changes in our Cash, Investments, Retirement & Medical funds, Total Assets and Net Worth. It wasn’t useful for me because I was referring more to the actual figures for tracking purposes. The graphs gave me a […]

Net Worth Update Nov 2017

It’s the last month of the year – Dec 2017. This year has gone by quite quickly for us and it was full of ups and downs with our work and travels. But still better overall compared to last year (2016). Anyway, I updated our Net Worth Nov 2017 numbers last night and wasn’t too pleased […]

Getting too comfortable with life

Just celebrated our wedding anniversary last weekend. We went out for a Japanese omakase lunch and I brought my wife to go jewellery shopping for her wedding anniversary and Christmas gifts. The last big celebration I had with my wife was for her birthday in the first half of the year. This is a good […]

Investments for Nov 2017

Automated Investing for Nov 2017 Maybank Kim Eng Monthly Investment Plan (Maybank KE MIP) Buy 28 units of SPDR STI ETF (SGX: ES3) at S$3.451 per unit on 8 Nov 2017 Buy 87 units of Nikko AM REIT ETF (SGX: CFA) at S$1.112 per unit on 8 Nov 2017 Transaction costs of S$2 POSB Invest-Saver Buy 28 units of Nikko AM […]

Liking the economic recovery

As an investor, I know I’m supposed to prefer market volatility and bear markets so I can buy ETFs & stocks at lower prices. And I understand this usually comes together with an economic recession, which poses retrenchment and other types of risks that I should accept with my investing approach. This is the objective and logical […]

Taxes Conundrum

The issue of raising taxes in Singapore due to growing government spending on investments and social services has surfaced in the news again. Specifically Income Tax and GST. I always get into an internal conflict with myself when I start to think about where I stand on it. Singapore’s Income Tax Rates is progressive, which means high […]

Knowing when to adjust our contributions

I had the chance to meet Michele and Rachel from StashAway as well as Kyith (Investment Moats) during the open discussion earlier in the week. It was great and I enjoyed the conversations we had on investing in general, pros & cons of StashAway, possible improvements to StashAway, etc. Looking forward to attending more of […]

Annual performance review outcome

My wife has completed her 2017 annual performance review and she just received her remuneration outcome – higher basic salary and a bonus. This is a better result than 2016, where she received no basic salary increase and a smaller bonus. That’s to be expected given that 2017 is a better year for the economy […]