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 …
Quarter 1 of 2020 is now over. It is probably an understatement to say that 2020 has been a bad start for everyone around the world. Probably more so for investors who have been investing over the past 5 to 10 years preparing for retirement. Since the start of the year, market has plunged, wiping …
Continue reading The Most Important Thing Right Now Is Job Preservation
Frequent followers of Mr and Mrs Budget will know that Mr Budget had started a regular savings plan with Syfe, a relatively new roboadvisor in Singapore. The main reason why Mr Budget decided to go for Roboadvisor is because he is looking for a more affordable way to invest in multiple baskets of ETFs to …
So March and 2020 first quarter has came and gone now. And March has been yet another a roller coaster month because of the whole virus situation. 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. Subscriber …
Continue reading What Have We Done This Month Towards Our Financial Goals – March 2020
It seems like the mood everywhere is very sombre now. The vibe we are getting is that, everyone is bunkered up and staying at home. Social activities are limited to friends meeting at home. For out of home activities, it is mostly limited to supply runs as opposed to leisure activities. We wanted to share …
Continue reading Why The STI 5.8% Rebound Today Is Probably A Dead Cat Bounce
One of the biggest dilemma that we are facing now is, when should be deploy our capital back into the market. The sensible response to that is, keep DCA-ing now because one can never successfully time the market. That’s especially true because who are we if professionals themselves can’t time the market correctly. Our cash …
So the market dived another 8-10% or so yesterday. Every retail investors is probably mass selling and taking profit off their positions now. There were reports that trading firms are overwhelmed and true enough, when I log into Vickers, I couldn’t even connect to my account. This truly is a once is a decade / …
One of an investor’s or trader’s worst nightmare happened to me earlier today, and is still happening now. As everyone probably know, the US is officially in the bear market now, with the market dropping more than 20% from the recent high. For Singapore, the index plunged from a high of 3281 in January to …
Looking at the market movement the past few days and weeks, we are slightly spooked by the atypical market movement, and are currently living in uncertain times now. If you hold any US equities, you would have noticed that the past few days, the S&P 500 as well as the NASDAQ have been swinging by …
Continue reading War Chest Planning And What We Are Doing During This Uncertain Time
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 …
Mr And Mrs Budget 