• frugal

    The one book that all beginner investors should read

    Ever since learning about managing personal finances and investing, I have also been reading a lot. I used to not read at all. Since my primary school days, I have not touched a book willingly, without it being a requirement to read it in school. I just don’t really like reading in general. It can be boring, it puts me to sleep, and I just feel like I have better things to do other than read. However, I realised that nothing really sums up information more completely than a good book. I started off with Rich By Retirement: How Singaporeans Can Invest Smart and Retire Wealthy. I felt that it…

  • frugal

    I am selling the Straits Times Index and here is why

    Oftentimes, beginners should start with passive index investing. I strongly agree with that. One of the most popular methods would be the Bogleheads’ three-fund portfolio. It indicates that an investor should purchase one bond fund, one international equity fund and one local equity fund. In the Singapore context, some use our CPF as our “bond fund” and the S&P 500 Index as the international fund. Logically, the local equity fund would be the Straits Times Index (STI). It has ticker symbols ES3 or G3B. Although there are merits to the Straits Times Index, I personally feel that it is not the best index a Singaporean investor can dip his money…

  • frugal

    8 lessons the coronavirus teaches us about personal finance

    It has been more than 1 week since Phase 2 started. A lot of Singaporeans have gone about doing their usual activities. I have taken some time to reflect about the current pandemic situation, which has definitely not ended, and decided to pen down some of my thoughts. As we understand the virus better (and it’s devastating long-lasting effects…), we also need to stay alert and continue our lives, no matter how “normal” it is. Risk and Reward With any kind of investment that involves risk (bonds, stocks, ETFs, robo advisors, etc), there will be a corresponding level of reward related to it. One clear example is how our government…

  • frugal

    The REIT that gave me a +34% return (C38U)

    Currently, C38U is at a price of $2.05. This REIT has been holding its ground relatively well and has experienced a bull run recently as well.At a conservative dividend yield of 4.85%, I would like to explore whether this REIT is still worth it at this price. I will lay out the numbers at the front. You can read my reasoning and my price that I bought at the end. Property Value CMT owns a huge number of top tier malls in Singapore at prime locations. Personally, living in the West, I frequent Lot One and IMM a lot. When I go to the central part of Singapore, Bugis+ and…

  • frugal

    Tiger Brokers | First Impressions

    There is a new kid in town! Tiger Trade, a mobile and online trading application by Tiger Brokers, launched access to the Singapore Exchange (SGX) on Tuesday. Tiger Trade counts US brokerage Interactive Brokers, Chinese tech giant Xiaomi, and renowned investor Jim Rogers among its investors and backers. A while ago, I did a review on FSMOne, the best broker in my opinion. Now, this new broker seems to beat FSMOne in its main selling point, but is it worth the switch? For new investors, is it even a good platform? These are my first impressions. Background Apparently, Tiger Brokers is quite a popular brokerage among Chinese people. When the…

  • frugal

    An undervalued S-REIT (RW0U)

    Mapletree North Asia Commercial Trust‘s (SGX: RW0U) price is $1.01 right now. At the time of writing, the price is still recovering from the COVID-19 scare as well as the Hong Kong riots. At this price, the dividend yield is 7.05%, which is pretty high. However, let us take a look whether this is a good buy right now. Property Value First of all, this REIT owns property in the North Asia region, which includes China, Hong Kong and Japan. From their FY18/19 Annual Report, their properties are valued at S$7.6 billion. Its value has been increasing year-on-year, which is a sign of a good management. After all, their sponsor…

  • strong

    What science says about protein consumption

    Protein is one of the three macronutrients that form our diet. It is also known as the most satiating macronutrient as well as the fuel for muscle-protein synthesis (MPS). There has been much controversy as to how much protein one should consume. This article will try to answer the issue of protein consumption with a Singaporean (Asian) slant to it. TLDR Athlete + Lose fat → 1.5-1.8g/kg bodyweight Athlete OR Lose fat → 1-1.5g/kg bodyweight Sedentary + Not looking to change → 0.8g/kg bodyweight How much protein to consume? There are many scenarios and many guidelines on the internet. If you have dabbled in the online strength training community for…

  • frugal

    The Best Broker (IMO)

    Let me caveat this article by saying that, I believe that FSMOne is the best broker for Regular Savings Plan (RSP), which has the same principle as Dollar Cost Averaging (DCA). This is mainly due to its security as well as its user-friendliness for beginners. Personally, I use FSMOne for their RSP so I can DCA into Exchange Traded Funds monthly. This article will be reviewing my thoughts about their service after using it for a few months. Features of RSP 1290 Unit Trusts 49 ETFs 10 Managed Portfolios Low Cost (0.08%) Low Starting Amount ($50) Competitors – Why pick FSMOne instead of the more established competitors? It is mainly…

  • strong

    Why you remain sore after a workout

    This article will just be a short article based on my personal experience and how to combat soreness. This is why you remain sore after a workout. TLDR Your body received novel stimulus It lasts between 24 hours to a few days Stretching, whether dynamic or static will help Your body received novel stimulus Soreness is NOT an indicator of muscle growth. Many people make this misconception. They want to “destroy” their muscle so they will feel sore as hell the next day and then they feel like they have actually worked the muscle and thus will attain muscle hypertrophy. Boy, are they wrong. Soreness, also known scientifically as Delayed…

  • frugal

    My take on Tesla stock (TSLA)

    This article will give you a summary of my opinions on Tesla’s stock price. As of the time of writing, it has a price of approximately 805 USD. Within the past year, the stock price has skyrocketed by about 4 times and its price has been attracting a lot of attention. As a young person, I see Elon Musk as someone we should admire in our generation. I will break down this article into three big sections, which would be my personal opinions on the company and the CEO himself, Elon Musk. After that, I will go into some fundamental analysis and technical analysis of the stock price itself. I…