Scams involving money have been widely reported, and one such investment scam works like this (write up taken from Seedly): upon gaining the trust of their victims, the scammers would encourage their victims to buy specific shares on the Hong Kong Stock Exchange, promising them guaranteed profits. Should the scammers convince enough victims to buy …
Continue reading I Was A Target Of An WeChat Investment Scam, But Made Some Money Off It!
Hello everyone! It has been a week since we published anything! Mr Budget was away from Singapore and was unable to publish anything. But hopefully we can still see some traffic coming in! So what’s new with Mr and Mrs Budget this past week? Over the weekend, we had our Guo Da Li (Betrothal) celebration, …
Continue reading Of Guo Da Li & Stock Counters On Our Current Watch List!
Mr Budget came across an interesting study today and thought it might be interesting to all too. According to the study, the more frequently you check on your investments, the worse it will likely seem they are performing. So the more frequently you monitor, the less likely you are to be investing correctly for the …
Continue reading Frequent Portfolio Monitoring May Hurt Your Investing Acumen In The Long Run
Earlier today, Mr Budget executed three trades in his Singapore portfolio, and I thought to document down the various reasons why. Frasers Logistics And Industrial Trust First, Mr Budget sold off Frasers Logistics and Industrial Trust. Mr Budget holds a relatively small position in FLT and over the past one and a half year holding …
Continue reading Trades Executed: Frasers Logistics, APPT, Lendlease
With the end of the year coming, Mr Budget tend to reflect towards what has happened over the year and see if there are any aspects in life which we can improve on. Of course, it is still a bit early for that as we have 2 more months before the end of the year. …
Continue reading 4 Important Financial Questions To Ask And Discuss With Your Partner
At the end of every month, Mrs Budget and I will reconcile our monthly expenses and see what are we spending on, and where we can optimise or cut down our expenses. We subscribe to the believe that every penny saved is a penny earned - sometimes its easier to save S$100, than to earn …
So October has came and gone now. While everyone else is doing a monthly portfolio update, we thought it is more meaningful to document what we have done this month towards our financial goals. Mr Budget Position Added: Hong Kong Land, Centurion, AIMS AMP (SG Equity)Cut loss: Beyond Meat (US Equity) Mrs Budget Position Added: …
Continue reading What Have We Done This Month Towards Our Financial Goals – October 2019
Mr Budget recently came across a thread on Quora which is quite interesting - What is the wisest financial advise you have heard from a rich person. According to Mr Wonderful, one of the sharks of Shark Tank, he follows a few investing rules: If a company has no cash-flow, don’t invest! A company without …
Continue reading New Investing Rule – Only Invest In Dividend Paying Companies
Both Mrs Budget and myself counts ourselves as relatively lucky. As compared to most of our peers, we have the option to plan for our early retirement, and have the means to work towards that. We count ourselves lucky too as we are aligned in terms of how we view money, and our aspiration towards …
Continue reading Will We Quit And Travel The World After We Hit Our Financial Goals?
So today, by sheer luck, when I was discussing personal finance matters with a friend, he introduced me a new site that I have never heard of - SRX. And wow I was blown away by the features of the platform! Basically, SRX is a property portal under Singapore Press Holdings. With SRX, you can …
Continue reading We Found An Extremely Handy Website To Track Our Condo Value!
Mr And Mrs Budget 