Hi everyone, the last time you all heard from Mrs Budget was a little over a year ago in December 2019. Since it has been some time, we thought to do a quick follow up post so that readers can get to know more about Mrs Budget. Here are some quick Q&A Mr Budget asked …
2021 has been an interesting start to say the least. For those invested in the US market, the market has been extending its continued bull run. EV Counters like Tesla and Nio continue to hit all time high, and other popular gainers in the past few weeks include Lemonade, Baidu, and other hot SPAC stocks. …
Continue reading Going On A Stock Diet And Mostly Doing Nothing During Q1 2021
Earlier this week, Mr Budget was relooking into his long term financial goals again. While we had previously set a goal to have S$10,000 monthly passive income by 2033 (45 years old), we will need to relook at the figure again since we have shifted our strategy from dividend investing to growth investing. Previously, assuming …
Continue reading What Does It Take To Hit S$5,000,000 By Age 45
Earlier today, OCBC has announced that they are lowering their interest rates for their savings account, marking the fourth round of revision since May last year. Of course, other than OCBC, other banks have also lowered their interest rates over the past few months as global interest rates continue to remain low. For OCBC, starting …
Continue reading Random Ramblings On Lowered Bank Interest Rate
Hi everyone! Happy new year again and hopefully 2021 has been a great start to you! As with our monthly updates, here are what we’ve done in December 2020 with regards to our personal finance. Portfolio transactions Mr BudgetPosition Added: Razer, Unity, Palantir, Airbnb, ARKG, SyfeTake Profit / Cut Loss: DBS, AIMS, Frasers Commercial Trust, …
Continue reading What Have We Done This Month Towards Our Financial Goals – December 2020
With 2020 now finally over, we had the chance to sit down and analyze what we spent on in 2020. Earlier in 2019, we also did an analysis of what we spent on. In 2019, we spent a total of $96,284.92, and majority of it was due to one off expenditure as well as for …
Continue reading Mr Budget’s 2020 Total Expenditure Analysis And 2021 Forecast
As the year come to a close, its time for us to do our annual reconciliation and look at how we did financially this year, and then chart down some actionables for us for the new year. The new year is just next week! Mr Budget's Net Worth Grew 89% From 2019 For Mr Budget, …
Over the past few weeks, we were consuming even more content around the US market and we thought we wanted to share more about what we learnt and how that is shaping our capital allocation moving forward. The main content we were consuming were those by Ark Invest's Cathie Wood. We can only say we …
Continue reading Ark Greatly Affects Our Strategy – Here’s How We Are Investing Moving Forward
Earlier last week, Mr Budget made a stupid mistake which we thought we wanted to share more here. As we have previously mentioned, we are actively looking to sell off our Singapore shares to fund our increased appetite (a better way of saying "greed" haha) for US stocks. Hence during the recent rebound of the …
Continue reading We Committed Our First Short Selling Mistake!
Earlier last week, Mrs Budget and I took part in probably one of the hottest IPO in the recent history - Airbnb. If you have not already heard, Airbnb went public at the price of $68 last Thursday. On the day of the trading, Airbnb traded up a whopping 120% before closing at $139.25, more …
