First Sell Trade – Divested Indofood Agri

It takes conviction to buy a stock, but it takes courage, and some guts to acknowledge your mistake and do what is necessary, even if your heart has to break a little.

I have made the decision to cut my losses, and divested 27,000 shares of Indofood Agri at 25.5 cents each.

This has translated to a 30.9% loss of my initial investment of 37 cents, and in turn became a 6.44% realized loss off our entire portfolio.

I remember blogging about why I bought the stock in the first place, and here are the 3 points to justify my decision then: Continue reading “First Sell Trade – Divested Indofood Agri”

How I Save 70% Of My Take Home Pay – Cash Flow Review (Q1 2018)

Technically not Q1, since we are already almost halfway through 2018. But because of… you know, priorities, I decided to wait for 2 more months before I did a review of my cash flow.

Hey wait, should I call this a trimester update instead of a quarterly one then? :p #randomthoughts Continue reading “How I Save 70% Of My Take Home Pay – Cash Flow Review (Q1 2018)”

To study and stop working – Cost of living in Singapore

I have a friend who is contemplating to go back to school after being in the workforce for some time. She had a few concerns, one particularly related to money management. Her degree is going to be a three year long study period and therefore would significantly impact her finances.

Over the weekend, we sat down together with another friend to go through her personal cash flow. The list looked something like this: Continue reading “To study and stop working – Cost of living in Singapore”

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”

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”