What Does It Take To Hit S$5,000,000 By Age 45

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 …

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Random Ramblings On Lowered Bank Interest Rate

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 …

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Ark Greatly Affects Our Strategy – Here’s How We Are Investing Moving Forward

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 …

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We Committed Our First Short Selling Mistake!

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 …

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Why We Redeemed Our SSB and Sold Our DBS Shares

Hi everyone, earlier today, both Mrs Budget and I have made a few transactions and we wanted to share some of them here. First, we redeemed our Singapore Savings Bond which we purchased 2 years ago. When we bought the bonds, we had the intention of keeping it until maturity 10 years later, with an …

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