I was just barely 6 months in my first job when the financial crisis of 2007-08, also known as the Global Financial Crisis (GFC), happened. I remember losing approximately S$12,000 (probably 50% of what i had) back then. I felt lucky exiting my positions earlier. But I didn't had the cash to take advantage and accumulate the stocks

The Straits Times Index (STI) has underwent a major correction of at least 15% in the last 4 weeks.  A lot of investors and stock holders in the local market are definitely feeling the pain. This includes myself. My gains over the last 1.5 years were all gone in the last 4 weeks. I have been buying the

In my earlier post - Should I Transfer Savings from the OA to the SA?, I grappled with the fact of transferring some savings from my CPF OA to my CPF SA before using the rest of the saving to lower my mortgage loan. Being able to finance my hosing loan is a consideration for keeping my savings

I am contemplating if I should transfer my savings in my CPF Ordinary Account (OA) to my Special Account (SA). If I do transfer savings from the OA to the SA, I will be able to earn higher interest. However, I do know that the transfer is irreversible and you can only transfer an amount up to the

It has been a yearly ritual since 2012 that I will tabulate my "Balance Sheet" just before my birthday. Looking back, this has been an important exercise which allows me to track my progress. It is a simple exercise to assess my current and non-current asset. I define my current asset has all assets that are reasonably expected

Recently met a fresh graduate (let's just name him Mr. E) and he was speaking to me about how he started his small investment portfolio. He graduated in 2013 and started his first job in August 2013. He immediately invest S$200 from his monthly salary to purchase Nikko AM STI ETF using the POSB's Invest-Saver program. His first

My last post for my portfolio was for December 2014. Then, the total invested capital was ~S$72,500. Fast forward 8 months- Added the following counters in the last 8 months: 3,000 shares of Suntec Reit. Yongnam's shares were consolidated. I am just holding this counter out. Received 2.106 new CIT for every KIT unit held. In addition, purchased