Category: Finance Smiths

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 […]

Sell transaction Nov 2017

We have a small portfolio in Australia consisting of 2 individual stocks listed on the ASX. One of them is WorleyParsons Limited (ASX: WOR). It is an Australian engineering company that provides project delivery & consulting services to the resources & energy sectors, and complex process industries. Did you understand what this company is doing from the short introduction? Because […]

Taking 2 consecutive days of sick leave from work

I finally took sick leave last Thurs and Fri to go see the doctor, get medicine & MC and rest at home. I have been struggling to recover from an initial bout of cough, sore throat and cold but still going to the office. Not because I’m hardworking but because I don’t like staying at […]

Cash gift and interest credited from DBS BYOB and SAYE

Back in Aug 2017, I wrote about my wife registering for the DBS BYOB Promotion and opening the SAYE Account. One of the benefits I mentioned was that she will receive a S$88 cash gift for having registered by 30 September 2017. This has now been credited into her DBS bank account. The 2% pa bonus […]

Investments for Oct 2017

Automated Investing for Oct 2017 Maybank Kim Eng Monthly Investment Plan (Maybank KE MIP) Buy 29 units of SPDR STI ETF (SGX:ES3) at S$3.329 per unit on 9 October 2017 Buy 89 units of Nikko AM REIT ETF (SGX:CFA) at S$1.086 per unit on 9 October 2017 Transaction costs of S$2 POSB Invest-Saver Buy 29 units of Nikko AM […]

StashAway Open Discussion in Nov 2017

You would think that having worked in an office environment for a number of years, I should be more responsive to emails and invitations to networking events. For some reason, I am terrible at the personal ones that relate to my blog. On one hand, I am interested in connecting with the wider Singapore finance bloggers […]

Sell transaction Oct 2017

I made a sell transaction on Thurs 26 Oct 2017. As I have mentioned before on the blog, I am in the process of restructuring our investment portfolio to make it simpler. There was no particular reason other than a recent price run-up and it’s after the ex-dividend date. Which means I can still receive […]

Not learning from history

I have always wondered what we would have done during the big market crash in 2008 due to the Global Financial Crisis if we had the same current asset portfolio then. It’s a thought experiment because it’s easy to run through the logical sequence of actions when you are not under pressure. Much tougher to execute […]