Fail-safe investing – Building a Permanent Portfolio

Image source: https://seekingalpha.com/article/559931-6-etf-permanent-income-portfolio

In my previous blog entry related to investing in gold, one of my readers and fellow financial blogger, Warriortan, introduced me to the Permanent Portfolio, which is sometimes also known as a fail-safe investment strategy. He has been developing this strategy in his personal portfolio and you can read his progress by clicking here and here.

I must admit that I was initially intimidated by the words “fail-safe” because those two words just sounded too good to be true in the world of investing. Continue reading “Fail-safe investing – Building a Permanent Portfolio”

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A Beginner’s guide to The Balance Sheet – A simple analogy

READ THIS: This is a continuation of A Beginner’s guide to The Income Statement – A simple analogy in part of Fundamental Analysis. Do read that article first if you haven’t done so as the same analogy is being used below.

The Balance Sheet is easily found together with the Income Statement (and of course, the Cash Flow Statement) in a typical annual report of a listed company. It has very useful information to understand the financial situation of the company at that particular moment. Many key financial ratios (e.g. Current ratio, Debt/Equity ratio) Continue reading “A Beginner’s guide to The Balance Sheet – A simple analogy”

Doing what you love V.S. Finding an ideal job

Warren Buffet has an advice and an old joke which he repeats time and again to fresh graduates who are looking for their first job. I quote him as below:

“There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind if you keep taking jobs that you don’t like because you think it will look good on your resume. Isn’t that a little like saving up sex for your old age?”

– Warren Buffett

If I’d have to be truthful to myself, I would have chosen to be a professional baker. I’ve always wanted to become one. Continue reading “Doing what you love V.S. Finding an ideal job”

The Looming Clouds of Retrenchment – Are you ready?

A close colleague of mine told me recently that one of the Multi-National Companies has closed down an entire department. She used to be working there so many of her ex-colleagues are now looking for a new job. I have also been reading Unintelligent Nerd’s blog and it appears that his current employment is unable to offer job stability despite being in an 铁饭碗 or “iron-rice bowl” (which practically means close-to-zero chances of closing down) organization :O.

It is very upsetting to me because sometimes in life, such things aren’t within much of your control. Sometimes, taking away a job from someone is almost equivalent to taking away his life. Not every one is lucky enough to pursue a degree. Not every one is lucky enough to be debt-free when they graduate. And most importantly, not every one is lucky enough to be in good health to find a new job.

It is unfortunate that news like this is unsurprising to me. Continue reading “The Looming Clouds of Retrenchment – Are you ready?”

Cheap and Good – How I spend $111 on Make-Up Every Year

This is the first blog entry for “Cheap and Good“. Yay!!!!! I have decided to share with my female readers (and male ones if you happen to be interested :p) about the different make-up that I use. Other than being a financial blogger, I am also secretly a make-up geek that probably watches too many make-up tutorials for her own good. :p

I don’t use make-up everyday but I do have a basic routine that I follow religiously if I want to look better on a particular day. The brands that I use are pretty generic and most of them are actually drugstore brands that are easily found locally.

Continue reading “Cheap and Good – How I spend $111 on Make-Up Every Year”

A Beginner’s guide to The Income Statement – A simple analogy

I decided to start a beginner guide to the basics of Fundamental Analysis starting with The Income Statement. I want to record my knowledge somewhere and what better way than to blog about it? It is also in fact beneficial to me whenever I pen down my thoughts because I’m sort of materializing whatever that is going through my mind, which in turn challenges my understanding towards the topic. Plus, I get a chance to receive some constructive feedback from my readers. Win-win! 🙂

I refer to a quote from Einstein: Continue reading “A Beginner’s guide to The Income Statement – A simple analogy”

The Ultimate Shopping Contract – How to stop yourself from spending unnecessarily


Date: ____________

The Ultimate Shopping Contract

I, ____(insert name here)____, promise that I will not buy anything without thinking twice. I will ask myself if the product I’m holding in my hand is something that is a “want” or a need”. If it is a “want”, then I will promptly put the product back on its shelf. If it is a “need”, I will ask if there are alternatives. Then, I will choose the one that brings the most value in terms of price and quality. Continue reading “The Ultimate Shopping Contract – How to stop yourself from spending unnecessarily”