Q2 of 2020 – worst quarter since 2008 financial crisis?

COVID-19 global outbreak Forget about the Asian Financial crisis or the 2008 sub-prime mortgage crisis. Analysts are currently facing an unprecedented difficulty in developing a model to generate forecasts for the near future. Even Goldman Sachs economists are labelling the current situation as that of Knightian uncertainty (a.k.a no one knows wtf is going on). …

Funding Societies

It has been a while since I last reviewed an investment product. This shall be an unbiased review since I am not paid by anyone to write this. Funding Societies is a Peer-to-peer lending company based in South-East Asia with headquarters in Singapore. You can read more about their awards, achievements and background history here. …

Why I’m not happy with a quick $160 profit (14 % return in 52 days)

In late August 2018, I bought 1000 shares of YangZiJiang, a ship building company. It was $1.14 per share then. Just yesterday, the share sold at a high of around $1.30. With a simple calculation, my investment has returned a profit of 14% of my initial capital in this short 2 months. This also means …

Warchest

Today, I am going to speak about this thing called “warchest” and why it is important in investing. What is a warchest? "A warchest is essentially a sum of reserved funds that is kept for leveraging purposes." Why is it important? Well, as the name itself suggests, a warchest is very effective to triumph in …

1m65

Who wants to be a millionaire? Well, it seems like it has been getting easier for people to become a millionaire nowadays. For instance, a Singaporean by the name of Mr Loo, presented the idea of 1m65.  What is 1m65? Basically, it is the idea of reaching a million dollars in the combined CPF account …