financial independent

I used to work hard at earning money each month. However, at the end of each month, I don’t seem to have any money left in my bank account. Saving money seems to be a challenge to me. No matter how much I earn that month, I don’t seem to be able to save at … Read More

If property prices of a country go up by 10% in a year, most of us would think that the property prices are getting more expensive and possibly a bubble may be imminent. If property prices move down by say 5%, we may think otherwise that the prices are getting cheaper. This case will be … Read More

Once in a while, my friend or my client will ask me if Singaporeans are really that rich? The showrooms seem to be packed and so many people are balloting for new launches. From time to time, we do see in the news on condo units being snapped up, or how successful the new launches … Read More

Most of my friends including me has been working very hard. The daily grind has really taken a toil on us, especially when we are no longer young. No longer we are in our twenties. In between all these toiling, sometimes I ask myself what is the reason behind all these and why am I … Read More

When I was young, I remember watching this game show called “Who Wants to Be a Millionaire”. As I am watching the show, I was thinking how wonderful it is if I can be a millionaire one day. From the family background I was brought up, I was told that being a millionaire is a … Read More

Property investment usually involves huge sum of money and property investment are not as liquid as equities investment. Therefore planning well and giving sufficient considerations before investing is critical to a successful property investment.   Before you start investing into any property, do take note of the 5 Mistakes to avoid in property investment.   … Read More

With the cooling measures in place and additional buyer stamp duty, some Singaporeans may consider investing in overseas property to avoid the tight regulations here. Just like all investments, investing into an overseas property does carry some investment risks. Here I will share the 10 things to take note of before you buy a foreign … Read More

After my 21 days of fit bod fat purse challenge, I am fitter and of course $1053 dollars richer! On top of these 2 benefits, I have learned 5 important lessons from this challenge.   For the benefit of those who does not follow this challenge, the 21 days fit bod fat purse is a … Read More

Last month, I wrote my reviews and lesson learned from the book The Richest Man in Babylon here. This time, I want to talk about another book that has helped me gain a lot of understanding in wealth accumulation. This book called The Millionaire Next Door, written by Thomas J Stanley. I found the principles … Read More

In my previous article, I shared that Leverage is generally a very good tool in property investment. It will work out well if you use it carefully and prudently. So how much leverage you should take on before it becomes too excessive? Let us explore some important debt ratio here. Total Debt Servicing Ratio (TDSR) … Read More