• 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…

  • 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…

  • frugal

    Can money buy you happiness?

    In this article, I will tackle the age-old question. Can money buy you happiness? TLDR Money can buy you some happiness True happiness still comes from within Find your own passion Appreciate the time spent with your loved ones Why do people say money can’t buy happiness? There are several arguments as to why money can buy happiness. This is why this question never gets old, and you will always see new articles pop up once in a while. For the naysayers that believe money can buy happiness, they will cite the reasons below. Healthcare Firstly, money can purchase better healthcare. Using wealth, you can get better diagnostic services and…

  • frugal

    Why I bought these ETFs

    Okay, so you want to start investing right? A lot of passive investing advice online tell you to invest in Exchange Traded Funds (ETFs). I have heeded their advice after reading some books and some blog posts about it and doing my research. These are the reasons why I bought these ETFs. TLDR Low cost and diversified Start from a slow amount and dollar-cost average Takes little time for relatively high returns Global and Local Exposure What broker do I use? Firstly, passive investing is easy. You need a CDP account which you can open here. After that, you will need a brokerage account. Currently, the one with the lowest…

  • frugal

    How to save as an NSF with $630

    So you earn less than $1000 month. What’s that? You are often called cheap labour? Your salary is called an “allowance”? That’s why it’s so low? Yes it is difficult saving when you have so little to start with. But it does not mean you should not try and save. Saving is important and I firmly believe that it should be strongly inculcated in our education system from a young age. This is how I, an NSF who earns $630 a month, save my money. TLDR Track every cent that goes out of your bank account Take advantage of cookhouse meals During weekends, go for cheaper options Background Personally, I…

  • frugal

    Nail Your Finances as a PES E9 NSF

    Okay, you are PES E9. You are probably a clerk. In fact, this article should be relatable for the stay out PES unfit personnel. You don’t have a cookhouse or have accommodation. But don’t worry, this is how you can nail your finances as an NSF. TLDR 3 aspects: Savings, Expenditure, Investment Eat-in camp, go for the bang for your buck option Calculate your daily transport fee and consider purchasing a concession card Consider a Regular Savings Plan for investment Background Personally, I am a PES E9 clerk. I am a stay out personnel. Every time I tell my friends about my life, they tend to feel jealous and I…