My lemonade stands

Having no background or knowledge in anything remotely close to the word “Finance”, it has never really stopped me from wanting to learn more about it. With the internet so heavily integrated into our daily lives, it is not difficult to learn an entirely new topic from scratch.

YouTube has always served as a powerful tool for me to gain knowledge. The above video was something that I have watched over the weekend and I am sure that it would be useful to beginners who want to know more about Fundamental Analysis. It was an engaging 44 minutes and I highly encourage anyone who is a literate idiot to finance, investing, or how a business operates to watch it.

This is what I’ve personally learnt from the video. Continue reading “My lemonade stands”

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Buy Term, Invest the Rest? (BTIR) – The Ultimate Insurance Guide for Beginners (Part 2)

Click here for Buy Term, Invest the Rest? (BTIR) – The Ultimate Insurance Guide for Beginners (Part 1)!

In yesterday’s blog post, I mentioned about the amount of returns that I needed to generate if I were to adopt the Buy Term, Invest the Rest strategy. The annual yield of 1.37% was unbelievably true. Needless to say, I took comfort in my own numbers and decided to purchase a term plan.

Now, I was faced with a few new problems. Hais. Continue reading “Buy Term, Invest the Rest? (BTIR) – The Ultimate Insurance Guide for Beginners (Part 2)”

Buy Term, Invest the Rest? (BTIR) – The Ultimate Insurance Guide for Beginners (Part 1)

Click here to access Buy Term, Invest the Rest? (BTIR) – The Ultimate Insurance Guide for Beginners (Part 2)!

Earlier this year, I met up with my financial consultant (a.k.a insurance agent) on the various insurance coverage that I needed. The only protection that I had was a H&S plan. She recommended that everyone should at least have a whole life plan which will allow you to take back part of your paid premiums.

Before committing to anything, I continued to do more reading regarding the importance of insurance and the types of insurance that were available on the market. There are a few websites that compare the different insurance plans and their prices so that consumers can make an informed choice based on their needs. It is needless to say that through my research, I have also learnt about the concept of “Buy Term, Invest the Rest” and how everyone seems to be raving about it. My real concern was if this was a feasible approach and was it really that easy to implement.

Let me do a quick summary about my findings.

Continue reading “Buy Term, Invest the Rest? (BTIR) – The Ultimate Insurance Guide for Beginners (Part 1)”

Are you penny wise but pound foolish?

I refer to this post from Consumerism Commentary about being penny wise but pound foolish. Becoming frugal to me has become a habit in my daily life, but sometimes, there are things that we should not avoid spending on. Otherwise, we might end up having to pay a bigger price for it. I see this happening to some of my own friends, and I would like to share their experiences in my blog to give you a clearer picture of what it means to be penny wise but pound foolish.

Continue reading “Are you penny wise but pound foolish?”

Increasing cash flow for yourself

Asian engineer power yo!!!! :p

The idea of increasing cash flow for yourself is to have multiple streams of income from different places. An interesting point that I would like to highlight is that one of the sources of his income actually comes from credit card points. In Singapore, I guess a more common term that we use would be “rebate”. The reason why I chose to talk about this is because this is something that I think everyone can leverage from. Continue reading “Increasing cash flow for yourself”

Girls can be Engineers too!

Some of you might have dropped by my “About” page and know that I am a female engineer. Ever since I graduated from school and started going for interviews, it is not uncommon that I receive this question from interviewers.

“Why are you a female and you took up an engineering course?”

You’ll be surprised that even the interviewers might be females themselves, holding a similar engineering degree.

Some of you reading might also be female engineers and you will be nodding in agreement when I say that this is a typical stereotype that people generally have. Girls usually go into careers like Human Resources, Finance, Accountancy and mainly other business related courses.

So how do I answer this question? I am usually candid in my interviews. This is what I would say. Continue reading “Girls can be Engineers too!”

StocksCafe – Your One-Stop Online Portfolio

Disclaimer: This is not a sponsored post.

Good morning!

Today’s blog post will be a little special because I would like to do a feature on StocksCafe. I managed to get in touch with the owner of StocksCafe, Evan Koh as he was looking to expand the reach of the website around Asia. I am glad to be part of the website’s blog index and I have been receiving new readers from StocksCafe ever since.

Before I started missniao.wordpress.com, I already had an account with StocksCafe which I use as a tool to track my portfolio. I have an offline one in Excel which does its basic job, but the prices of the stocks are not live and I have to manually update it to get the values that I want.

As I ventured further into investing, there are a lot more numbers that I need to keep track of. It is no longer just sufficient to look at the price of the stock because that doesn’t really serve much purpose to me. I was searching for online solutions and that was when I chanced upon StocksCafe which Hardwarezone and other finance bloggers have advertised on their websites.

There is a whole thread consisting of people using StocksCafe to compare their portfolios! My goodness. After looking at their achievements, it just makes me seem even smaller than before. O_O

Upon more exploration of the website, I realized that there are way more features than what I’ve been using it for. There is even a mini-game section which I personally find very interactive. ^_^ Although it has a simple interface and it is relatively user-friendly, I can see that a lot of time and effort was placed into this website. This was definitely not something that was built overnight. I wanted to know who was managing this site.

I thought I was going to find a team of software engineers who took turns to manage it.

But no. All I could find was Evan. And only Evan.

Wa, do you know his website is like a cool one? I use paper resume, he got website to show employer leh. The first thing I saw was a photo of a 帅哥 (handsome dude) with a nice smile hugging his dog.

So I scrolled down some more.

OMG. 帅哥 that holds a pH.D? So I cannot call him Evan Koh, must call him Dr. Evan Koh?! Know how to study, doesn’t look like a nerd, and super fit wor!

*BF pulls me back to reality*

Erherm… Right, where was I? Oh right, StocksCafe! I am actually still a free member of the website, because that’s all I really need for now. However, if you do intend to become Friends of StocksCafe, you get full access to a lot more features that are available.

If you have any questions about StocksCafe, just create your very own free account. Go to your messages from your profile and send it to the username, evankoh. He is quick to reply and is very helpful. Plus, you get a chance to talk to an attractive guy, what’s the worst that could happen? 😉

Thank you Evan, once again! Hope you get a chance to read this post. 😉

And like always, thank you for reading!

Miss Niao xoxo