2019 Income/Expense Report – Reaching FI by 40

It kinda seems like I’m always blogging during the holidays, with Chinese New Year just 2 days away. This year started rather slow for me, and I hope it stays this way because I’m not very excited to be changing the first number in front of my age. Just trying to delay the inevitable in my dreams, I guess.

I had some time this week for self reflection and I read through some of my old blog posts. Generally, my goals towards being financially free hasn’t changed, but I think my personality was a little altered because of a shift in priorities in my life. My old blog posts were raving with creativity on how to maximize returns while spending lesser. In fact I did a lot of research and spent most of my time thinking about how to make passive income in the right way, and the best way possible. Continue reading “2019 Income/Expense Report – Reaching FI by 40”

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”

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”