There are a lot of misconceptions out there about what “passive income” is. Many people like the sound of earning money without having to get another job and unfortunately scam artists have picked up on that with the promise of “get rich quick” schemes. This leads us to why beginnerspassiveincome.com was created: To provide a … Read more
Debt is a weapon that should be handled with care. You can either use it to build out your passive income streams, protect your income streams and lifestyle, or destroy your wealth. There are many options for borrowing money so we will give a brief overview here for now. What is debt? Debt is when … Read more
Asset location is just as important as asset allocation. Where you hold your investments will determine your personal after-tax return. Some goals and investments have long time horizons and can withstand to be in a retirement account that may not be touched for years. However, what if you have a short-term goal like a downpayment … Read more
I blogged about my interest in buying some Singapore Savings Bond which offered 3.32% p.a. in 10 year average yield. It seems that many more people have the same idea. The results are out. The SSB was oversubscribed. Fortunately, for smaller applications like mine, we had 100% of our applications filled. This SSB partially replaces … Read more
Let’s say you read the article about earning passive income from stocks and don’t feel like you have the time to research companies to buy. You might think you need to pay a stock broker/financial advisor 2% of your assets to buy them for you. Fortunately there is a similar, cheaper option: Funds! Investment managers … Read more
1. Singapore Savings Bond is offering a 10 year average yield of above 3% p.a. again. Like I said in the past, this means it makes more sense for me to buy Singapore Savings Bond than to make voluntary contribution to my CPF account. This is because the average interest rate I get from CPF … Read more
So, I did a top up to my CPF Medisave Account. Wait a minute. Didn’t AK say his CPF MA already hit the Basic Healthcare Sum which means no top up is allowed? Yes, I did. However, NTUC Income does a deduction yearly to pay for my private shield plan. I try to remember to … Read more
Everyone should probably know by now that I did a podcast with my friends at Fifth Person two weeks ago. Apparently, it has turned out to be a blockbuster! I so stunned like vegetable! If you have not seen the podcast yet, here it is. For readers who have been to “Evening with AK and … Read more
If we have been investing in Singapore equities long enough, we would be familiar with the talk that August is a seasonally weak month. Of course, there is always some hope for a National Day Rally. What about AK? If there is a correction, and if prices hit my target buy prices, I might buy … Read more
During my recent podcast with The Fifth Person, Adam asked me if I knew about F.I.R.E. I told him I only learned about F.I.R.E. after I did it! And there are so many versions of F.I.R.E. since the time I found out about it. Of course, if you have been reading my blog regularly, you … Read more