Open Your Eyes To Financial Freedom

Don't want to beat the dead horse again but as I have always preached "everyone should be invested!" Gone are the days where one can hold a job diligently and work till retirement. These days, it is common to find side hustles or some form of passive income to fund your regular salary. Investing happens to be a great choice. I am saying this because I have done it, experienced it and I profited from the returns so I know what I am saying and it can really work. According to the many market predictions from financial articles, 2024 is supposedly going to be a year of volatility just because the Federal Reserves (Fed) has announced in November 2023 that interest rate hike will pause and eventually cut.  With volatility, the stock market will present an opportunity! History has shown that whenever something "huge" has happened to the stock market, there was always a counter effect. What goes up must come down and what goes down must come up! With the Fed declaring

This is a rather bold header... and you would be stupid to think that you can be rich by reading this blog post. Rich can be defined in so many ways depending on the individual as every human being develops their own perspective of the meaning of being rich. Many years ago while working in the education sector, I remember this conversation which I had with an ex-colleague named Alex S. Alex S is an Indonesian, both him and I worked in the same department which would required us to handle any matters relating to student sports. One night, we had to work into overtime and we were both extremely exhausted. Feeling worn out and at the same time taking the road of self pity, I asked Alex S: "What is the meaning of happiness?" It was a casual question and I was not expecting Alex S to reply in such detail. It was one of those questions where you start questioning your existence in this world. To my surprise, Alex S gave me an answer which I remember till this day. "Happiness i

  If I can make a wish come true on my birthday, I would like to wish for my investing journey to start much much earlier. If you have been following my blog, you would know that I started "thinking" about investment in the year 2017 but didn't really get down to it until 2020. I actually wasted almost 3.5 years through procrastination and thinking and pondering but took no action except to attend a thousand dollars guru course. If you are reading this blog and thinking whether of not you should learn a thing about investing, my advice is to start as early as you can. Actually do it now! (Here's my referral link to Webull, both you and I will get rewards when you fund the account,  https://www.webull.com.sg/s/ 7JusgkneFgyujCEEVm ) Today (22 August 2023), I received a Happy Anniversary email from Interactive Brokers to mark my third year into the world of investing. What started off as a 1K investment is now a six figure portfolio comprising of equities, mutual funds,

Rome wasn't built in one day... if this saying holds some truth, time is of utmost important. Given time one can change from not knowing to knowing. If you are already on an investment journey, give yourself a pat on the shoulders. If you have not done so, I cannot emphasize enough on the importance of getting started as early as possible. Set up a brokerage account and be on your way to your first investment. Don't let procrastination take you down because any delay can only make you further away from financially free. Investing needs time and only time will grow your investment. It is common see commercial banks using the illustration of trees as part of their most common marketing campaign. As you can see, time is needed for a seed to develop into a full growth tree. You have to water the plant consistently to see it grow. Once the plant turns into a tree, it will bear fruits and provide enough shade for you while you rest underneath. The canopy extends wide into the sky pro

  I started with a SGD1K account and progressively top up to a SGD87K account. I started my investing and trading journey in the month of August 2020. To mark this 2 years journey, I have decided to pen down this milestone so that if you stumbled upon this page and would like to try out investing or trading in future, you will avoid the mistakes that I have made and make you a more savvy investor or trader than I first started. To be specific, I started this journey almost the same time when the stock market recovered fully from the Covid-19 low. It was a period when time was of abundance and the country was under Covid-19 lockdown and all I could do at home was to watch Netflix and more Netflix... After 3 months of slacking around at home and pondering about the meaning of life, I happened to meet a secondary school friend who was already digging his hands into investment and trading way before Covid-19. With an insight into the stock market, my friend was quick to take action when th

You guess it... the fact that I am writing this blog entry goes to show that investing is not a bed of roses and if you are reading this, I hope that by penning down my experiences and thoughts, you will not walk the same journey as me and suffer monetary losses. But even if I am writing this, I want to say that there are always two sides to a coin, the yin and the yang, the heaven and the hell... While this experience did not turn out for me, there are many others who have had fairy tales ending and became very successful in crypto investment. Just not my cup of soup, at least for now... who knows, this might turn out to be my biggest regrets. When I first took a serious look at investing and trading, I was "sold" the fairy tales of why didn't I do this earlier??? If money is out in the streets, everyone would be doing the same thing and we no longer have to work eventually! This is only half true... I still stand by my earlier post that everyone should learn about inves