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My Colleague’s Retirement Blueprint!

Sometime back.. during lunch, we were having a chat amongst ourselves ... and the topic of investing (what else ... lol) naturally came up. One of our colleagues, Aaron, then opened up his laptop and showed us an interesting Excel sheet that he created. You see, what he did was tabulate how long it'd take him to retire. How? Well, the concept is simple; determine a fixed amount he can set aside each month, ...

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Here’s the Reason Why You Should Start Investing Your 20s

The reason is pretty straightforward. It’s due to the wonders of compound interest. Often quoted as the Eighth Wonder of the World, never underestimate the effects of compound interest. Not sure what are we talking about? Do refer to the chart below. Not sure what are we talking about? Do refer to the chart below: Assuming all of them invested the same amount of $500 for 10 years at different stages of thei ...

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5 Ways People Are Killing Their Investment Dreams

I’m subscribed to a particular mailing list called DailyGood, which sends articles to my inbox daily about inspirational people contributing to their community. Recently, one particular story captured my attention: 5 Ways to Kill Your Dreams (http://www.dailygood.org/story/1061/5-ways-to-kill-your-dreams-bel-pesce/) Because I do invest myself, reading that article invariably got me to relate it to how peopl ...

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Do You Deserve to be Wealthy?

Received my latest end Dec 2014 CPF investment account statement 4 days ago. As you can see, my $39k investment has become $123k - a new record. This is achieved over a 7-year period while sleeping. Yup, done while sleeping. No Trading, No Charts, No News, No Options/CFDs. If I add on the dividends collected in this mini portfolio, it would be more than $150k! A total of 285% net return, averaging 40% simpl ...

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Why Make Your Life So Difficult?

Before you get angry with my question in the headline, allow me to explain why I ask this question. According to Warren Buffett, my value investing role model and world’s richest investor, he once claimed in his famous article, "Superinvestors of Graham-and-Doddsville", written in 1984 “There seems to be some perverse human characteristic that likes to make easy things difficult” - Pg 15, Reprinted from Her ...

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CPF for Retirement? True or Myth?

I have been reading news, insights and comments regarding the recent CPF saga in Singapore. I have no political affiliation and offer no solution to a complex national issue. However, due my own humble background and tough upbringing, I realized one distinction at age 11 -- "No one owes me a living”. Hence, from that moment, I made sure I work towards self-reliance and financial independence as soon as poss ...

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Be Wealthy – Put Faith To Work

I will never forget the mezzanine floor of the former Mandarin Orchard Hotel for the rest of my life. It will always bring back bitter sweet memories. That was the location of the lounge where Jimmy Chan; Singapore’s equivalent of Richard Clayderman, would hold fort. It was also the place where I would retreat to from the stress of life. I had to listen to this talented self-taught pianist and allow his mes ...

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Life Starts at 60, How Long Will Funds Last?

I'm glad that this article (Life Starts at 60, How Long Will Funds Last?) appeared in The Sunday Times because we have been educating and warning Singaporeans for years that your CPF (pension fund) will never allow you to retire based on just 2.5%/4% interest earned annually. This is especially true as you live longer now. We are now ranked fourth for having one of highest average lifespans in the world: 84 ...

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The Evolution of Expenses in Singapore

Infographic credit: fivestarsandamoon.com Inflation is a fact of life. You must learn how to invest or you will grow poorer as every year passes! At 5% inflation, every dollar you have now will only be worth 60 cents in just ten years. If you're not investing and growing your money faster than inflation, you are facing an uphill battle just to afford the same things! Discover how to invest safely & securely ...

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Money Management – Wants And Needs

When it comes to money management, most people tends to spend more than what they need. In fact, if you do realize, most Singaporeans live on "credit", spending more than what they actually earn, thus using their "future" money to fund their current lifestyle without actually realizing it. We found an article that is interesting enough to let you think about your wants and needs. Article taken from A Singap ...

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