• strong

    Realistic Strength Goals for your 1st year in the gym

    Just like any other goal in your life, they probably will be different for others. However, this article will attempt to layout “realistic” strength goals that are attainable after your 1-year journey in the gym. This assumes you are a typical male (average genetics). For my Singaporean audience, this would mean you would be around 170-175cm in height and 60-70kg in weight. This also assumes that you focus on training for strength. This means, week after week, you come into the gym and aim for a higher weight number on the barbell. To make things simple and more generic, we will only look at the 3 big lifts, bench press,…

  • frugal

    Why I withdrew from Stashaway

    Let me put a full disclaimer first. Stashaway is a good platform. I like it. I think it is suitable for most beginning investors who want fuss-free asset growth. I just do not think it is suitable for me, which is why I withdrew from Stashaway. In January this year, I came across the robo-advisor, Stashaway. It managed your assets for a low cost without you needing to know anything. With a promo code, I decided to give it a try for the first 6 months, since they managed your money for free for the first 6 months. At that time, I had very little knowledge of Stashaway. Since the…

  • frugal

    Why did the market drop and what should you buy NOW?

    On Thursday, 3 September, the S&P500 index dropped by 3.51%. This market “correction” continued until Friday, 11 September, resulting in a total drop of 6.70%. Many investors are puzzled with this drop. What made the market drop? Why did the market drop? Should we buy into the market now? Will the market drop even more in the future? What should we buy now? These are some questions in the heads of many investors. This article will seek to answer these questions and I give my personal take on this. What made the market drop?  This drop was mainly led by the fall in tech giants such as FAANG. Take note…

  • frugal

    Should you take the scrip dividend? (DBS)

    On Monday, I received a letter from DBS. (This is how it looks like.) It was to inform me of DBS’ latest scrip dividend scheme. Ever since DBS announced this, I got pretty excited. As a new investor, most of my “gains” were from capital gain (the price difference between the stocks you sold and bought) or dividends. Although I am pivoting my strategy towards a lower exposure to dividends, I was still curious what this scrip dividend scheme will provide for me. Naturally, I googled online. The first result was from the DBS website itself. So the Scrip Dividend Scheme (SDS) “provides shareholders with the option of receiving their…

  • strong

    My greatest lifting rookie mistake

    “If you could go back in time, what would be the biggest mistake you would stop yourself from committing?” My peers ask me that sometimes. I see it asked on reddit too. For me, my greatest lifting rookie mistake would be not sticking with one good training programme for long enough. I always wanted to “optimise” my performance. I read through forums, online reviews as well as watched Youtubers giving their opinions on various lifting programs. Moreover, I went to purchase some of their programs. However, I realised that the programs are nothing special. Yes, your favourite content creator may promote his program and tell you about how much effort…

  • frugal

    Manage your cash in ELASTIQ (Limited Promotion!)

    I used to be a happy owner of my Standard Chartered Jumpstart account, back when it had 2% interest rate. But now that it has halved, I had to look for alternatives. Luckily, insurance savings policies (such as ELASTIQ) were rising in popularity. Outside of Singlife’s 2.5% which many people already religiously swear by, I still needed to store my excess cash outside of $10,000 somewhere. After looking around, bank accounts did not cut it, fixed deposits posed liquidity problems, Singapore Savings Bonds just were not worth it. I considered cash management solutions such as Stashaway Simple and Endowus Cash Smart. However, their returns did not seem very exciting. Stashaway…

  • frugal

    When does being frugal becomes cheap?

    Many of us struggle with being frugal. We want to save, yet we do not want to be called “cheap”. As derogatory as the term is, I believe that there is nothing wrong with being called “cheap”. However, there is a fine line between being reasonably “cheap” and being calculative and “cheap”. This is my personal take. It’s ok to be cheap on yourself Cheap out on yourself. It’s okay. Nobody will judge you. Nobody will care that you went for the $1.15 budget loaf of bread instead of the $2.00 Gardenia bread. They both taste similar. What’s the difference? In places where you can save, save it. There are…

  • frugal

    I am young, should I practice dividend investing?

    As a young investor (19 years old), some of us may be enticed by dividend investing. The idea of cash flowing into your pockets because the company is doing well just sounds heavenly. Admittedly, at the start, this is how I perceived it too. Dividend investing seemed like this safe haven where you just collect blue-chip stocks and let the income roll in as time passes. Given that they are blue-chip companies, they are likely to withstand crises… right? There are a few kinds of investing. They are passive index investing, value investing, growth investing and dividend investing. For some reason, people seem to love the idea of earning passive…

  • frugal

    Can we make money by buying companies that don’t?

    What am I talking about? Sounds absurd right? Well, not to many traders who trade based on investors. There are many firms which are deemed to have “growth potential” and thus should have a huge upside and many people want to jump onto the bandwagon so that they will not “miss out” and be able to catch the next “Amazon”. But it is not like that. That is not how stocks are worth. Jim Cramer, the host of Mad Money, has mentioned that the “electric vehicle, minus Tesla, has started to burst”. During the surge in zero emission vehicle firms 2 months back, companies like Nikola were riding the wave…