19-year-old Singaporean Investor – Tips for Young Investors

Quite frequently in the recent weeks, I have been receiving emails from my readers. It is heart warming to see that Miss Niao’s readership has grown substantially and that there are people out there who find my blog posts beneficial.

One of them is a 19-year-old engineering student that goes by the alias, Sleepy Devil (SD for short). I’m just going to have to call him/her this until he/she reveals a more appropriate name. And let’s just assume that SD is male.

What’s so special about him then, to have been able to gain a feature on Miss Niao? Continue reading “19-year-old Singaporean Investor – Tips for Young Investors”

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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?”

It’s okay to say “No”

2016 was pretty rough for me. I was unmotivated in my life. Both my career and personal life wasn’t going as ideal as I’ve wanted it to. There were many days where I would just drag myself to work, because I needed to work, and not because I enjoyed doing what I was doing.

I’m sure you’ve been there before, especially if you’re working for someone else. Continue reading “It’s okay to say “No””

My monthly cash flow statement – How I save more than 50% of my take home pay

I have been having a few conversations with my friends lately on how much they save on general every month. It seems like it’s difficult for many of them to save as much as they want to on a monthly basis and they don’t keep track of their expenses. I even have a friend who has an unique ability to spend her entire pay in 3 days after it is credited! On an overall average, they save around 10% to 30% of their take home pay. Very financially savvy ones would be able to save up to 80%, but that also depends because they might be earning a higher income as compared to me.

When I tell some of them that I save more than 50% of my take home pay, I see their facial expressions turn into shock or surprise. Then, the next question would be

“How do you do it?!” Continue reading “My monthly cash flow statement – How I save more than 50% of my take home pay”

My personal financial goals

Seeing how hard it is to actually accumulate the amount of wealth needed to retire at 40 as an average working class, I think it is time for me to define my financial goals. Well, in fact, I’ve already defined them earlier this year, but I’ve decided to record them down in my blog so I can use it as future reference.

So here they are! *drumrolls*


  1. At Age 30, achieve a net worth of S$350,000.
  2. At Age 40, achieve a monthly passive income of S$3000.
  3. At Age 45, achieve a retirement portfolio of S$1,000,000. (and probably be able to retire)
  4. At Age 55, have no more financial obligations. And (fully) enjoy retirement!

I’ll refine the list as I go along.

These goals are important. They set a clear direction for me, and will determine if what I have been doing is working for me. I’ll come back to them frequently to track my personal progress.

That being said, I want to explain my goals in detail, and what I have achieved so far. Continue reading “My personal financial goals”

The very first one!

Okay, this is it. I’m gonna start a blog about my journey to financial freedom. I wonder how interesting I’ll be, or if this would actually help anyone. In any case, I hope that this blog would provide me a record for my progress in my financial journey to financial freedom. My my, it does sound like a long journey ahead. But when would be a better time to start than now?

This will be my mini side project after work ^_^.

That being said, I think I should do a small introduction about myself. Continue reading “The very first one!”