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Author: careyourpresent

Market indeed coming down

Posted on by careyourpresent

As seen in my previous article,

Black Swan Ahead: Strategic Insights and Preparations for Uncertain Times

The fun is indeed coming!

Crypto

Crypto down a lot and I got liquidated.

But I am happy to be liquidated. Means time to buy in fear!

US Down last friday

US markets are also down last week, VIX also increases.

Exciting Times ahead! What’s my action?

I have already shared this in my previous article.

Black Swan Ahead: Strategic Insights and Preparations for Uncertain Times

Seems like I missed out one thing – War and Gold.

Shopping Time is coming soon!

Time to start shopping.

Financial Market is a weird place, people like to crowd, FOMO and buy when the market is high (higher risk). When the market is down (lower risk), people scared and don’t dare to buy, thinking it may drop lower. When the chance missed out and market up again, then they FOMO buy!

Isn’t this weird?

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

I am using FSMOne.com to invest in funds & ETFs (including money market funds). FSM is good due to the low comms and the free transfer from FSMOne to CDP (typically takes less than a week to transfer). If you do not have an account, you can sign up here. Please use my FSMOne referral code: P0413007.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed (your strong health, time with young child) while busying striking out in career.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

Enrichment classes for your child

Posted on by careyourpresent

I was in a telegram financial independent group chat and saw that many are commenting on how expensive the kids are – need all sorts of enrichment classes, best childcare so that they can learned the most in their earliest year etc. Hence, they need at least 2k per month per child.

I was amazed when I saw this.

I have two kids and they all went sparklet tots. I don’t need them to learn anything in school but I want them to be happy in school. Think of in, they go in at 7.30am come out 6.30pm. It’s longer than your working hours.

Think of any way, even if the kids don’t learn anything in pre-school, won’t they still grow up and know the basic chinese, english, science when they are teenagers? Can’t be don’t know anything?

Out of classroom learning more important. Enjoy the sun and the grass.

Anyway, I can’t help but to commented this:

若懂者不必多言，不懂者多言也无意！

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

I am using FSMOne.com to invest in funds & ETFs (including money market funds). FSM is good due to the low comms and the free transfer from FSMOne to CDP (typically takes less than a week to transfer). If you do not have an account, you can sign up here. Please use my FSMOne referral code: P0413007.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed (your strong health, time with young child) while busying striking out in career.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

Dream of Financial Independence with a Safe Withdrawal Rate

Posted on by careyourpresent

Financial independence is a dream for many people, where one can retire comfortably without worrying about the need to earn a steady income. But achieving financial independence requires careful planning and disciplined saving strategies.

One key aspect of retirement planning is determining a safe withdrawal rate that will ensure your savings last a lifetime.

There are many discussions about Safe Withdrawal Rate if one retires earlier. What exactly is safe withdrawal rate?

Photo by Manish Upadhyay on Unsplash

Defining Financial Independence

Financial independence is the state of having enough savings and investment portfolio to sustain your lifestyle through your retirement years without having to work for an income.

Achieving financial independence requires a clear understanding of your expenses, savings, and goals.

It’s also essential to have a well-diversified investment portfolio that can generate a steady income stream in retirement.

Photo by Kristina V on Unsplash

What is a Safe Withdrawal Rate?

A safe withdrawal rate is a percentage of your investment portfolio that you withdraw annually during retirement to meet your expenses.

The safe withdrawal rate is calculated based on a variety of factors, such as life expectancy, inflation, investment returns, and expenses, to ensure you don’t outlive your retirement funds.

Many “Experts” online suggest using a safe withdrawal rate of 4%, which means withdrawing 4% of your portfolio’s value yearly.

How does it work?

A safe withdrawal rate of 4% means that you can withdraw 4% of your portfolio’s value each year in retirement to meet your expenses without significantly reducing your savings.

For a $1 million portfolio, a safe withdrawal rate of 4% would allow you to withdraw $40,000 annually ($1,000,000 * 0.04 = $40,000).

Photo by Matthew Waring on Unsplash

Safer option? 4% really safe?

There may be many uncertainties such as increased longevity, higher than expected expenses, and lower-than-expected investment returns.

Is 4% really safe?

Many has seen through many bears, 2008 financial crisis, covid drawn down etc. This will make people not feeling safe.

Personally, I think 2.5% safe withdrawal rate would be considered a more conservative approach to retirement income planning than using a 4% safe withdrawal rate.

A 2.5% safe withdrawal rate can provide an added degree of insulation against a retirement plan’s failure.

A calculated example

Let’s calculate the safe withdrawal rate of 2.5% for a $2 million portfolio:

Annual Withdrawal = Portfolio Value * Safe Withdrawal Rate

Using a 2.5% safe withdrawal rate for a $2 million portfolio:

Annual Withdrawal = $2,000,000 * 0.025
Annual Withdrawal = $50,000

With a 2.5% safe withdrawal rate, you would be able to withdraw $50,000 annually from a $2 million portfolio to support your retirement expenses while aiming to sustain the portfolio over a longer period of time.

$50,000 annually mean $4167 per month. Is this enough for you?

Don’t forget that this is based on 2.5% return per annum which is not difficult to attain if one is conversative ETF investor instead of those trade in/out investors. Hence, the actual income is likely more than $4167.

For a family of four with mortgaged fully paid and don’t anyhow spend + CPF or other social security as backup, this should be a sufficient amount with good buffer.

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

I am using FSMOne.com to invest in funds & ETFs (including money market funds). FSM is good due to the low comms and the free transfer from FSMOne to CDP (typically takes less than a week to transfer). If you do not have an account, you can sign up here. Please use my FSMOne referral code: P0413007.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed (your strong health, time with young child) while busying striking out in career.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

Great Deals and Free Money – Webull April Deals

Posted on by careyourpresent

Inflation – money not enough

Are you feeling the pinch of rising prices?

Are your hard-earned dollars not stretching as far as they used to? You’re not alone. Inflation is on the rise, and it’s affecting everyone. But fear not! We have a solution that can help you beat inflation and secure your financial future.

Webull April Deals

Introducing Webull April Deals!


✅ Elevate Your Investing Game! Join Webull & get all these attractive rewards below:

1)Get up to USD3,000 NVDA shares* from Welcome Promotion.

2)Get up to USD10,000 NVDA shares* from Transfer-In Promotion.

*T&Cs apply. For details, please refer to Webull’s Website at https://www.webull.com.sg/. This advertisement has not been reviewed by the Monetary Authority of Singapore.


Webull April Welcome Gifts and Transfer in Promo!


Make an initial fund of USD500 and complete 1 buy trade to get 5 NVDA shares each worth USD10-500*


Fund more than USD2,000, complete 5 buy trades and maintain until 31 May 2024 or subscribe at least USD2,000 to Moneybull and maintain until 31 May 2024 to get 15 NVDA shares each worth USD10-500*


Fund more than USD100,000, complete 10 buy trades and maintain until 31 July 2024 or subscribe at least USD100,000 to Moneybull and maintain until 31 July 2024 to get USD2,950 NVDA shares*

Transfer in USD5,000 worth of shares and maintain 12-months to get USD1,000 worth of NVDA shares*.

Transfer in USD25,000 worth of shares and maintain 12-months to get USD3,000 worth of NVDA shares*.

Transfer in USD500,000 worth of shares and maintain 12-months to get USD10,000 worth of NVDA shares*.

Good deal! Do not miss this! Sign up here now for free money!!


*T&Cs apply. Principal is not guaranteed. Returns are not guaranteed and not an indication of future performance. All investments involve risks and are not suitable for every investor. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Black Swan Ahead: Strategic Insights and Preparations for Uncertain Times

Posted on by careyourpresent

Market Rally This Year. Really?

Stock markets in major economies has been performing very well year to date.

Dow Jones Industrial Average is up 3.93% year to date. The Nasdaq Composite Index is up 8.19% this year and the S&P 500 Index is up 9.14% year to date.

In other major economies, the FTSE 100 Index is up 2.61% while the DAX is up 9.14% this year. The Nikkei 225 Index is the best performer with a 17.89% gain. The only exceptions are Hong Kong and Singapore which has seen the stock market decline this year.

However…

Photo by Jongsun Lee on Unsplash

We are going to see a total solar eclipse on 8 April 2024 sweeping across the United States.

Solar eclipse especially total solar eclipse are bad omen and usually associate with bad events occurring between 1-5 months after eclipse.

The Wall Street Crash of 1929 occurred 5 months after total solar eclipse in May 1929.

The Japanese attack on Pearl Harbour on 7 December 1941 occurred after total solar eclipse in September 1941.

Fast forward to the Asia Financial crisis in 1997, the attack on Thai Baht in May 1997, triggering the devaluation of many South East Asia currencies occurred after the total solar eclipse in Mar 1997

The collapse of Lehman brothers in September 2008 occurred after the total solar eclipse in August 2008.

Of course, one can argue that total solar eclipse occur very often but we do not always see crisis or black swan event.

Let’s Anticipate

We now use Chinese Metaphysics to see what might happen.

From the 2024 bazi chart, we see there no wealth element in the 2nd and third pillar. Hence, we can see that a black Swan event might just happen in the 2nd or 3rd quarter, which coincide with the total solar eclipse in April.

In addition, though the heavenly stem seems good and the element producing each other. However, if one were to look closer there are heaven earth clash between the first and third pillar, heaven and earth clash between the second and fourth pillar.

In addition, the 2024 mother earth oracle has indicated there will be high food prices. We already started seeing inflation rearing its ugly head again with rising cocoa, coffee and oil prices and yet many investors and analysts think that the Fed will cut rates 3-4 times this year.

Mother Earth oracle has been very accurate so far and even predicted Covid19.

There are many other forecasts I have made on my X account. You can see it for yourself the accuracy thus far. My X account is @augustine0091

We just seen a very strong earthquake occured in Taiwan on 3 April 2024 and is just 5 days before eclipse.

Hence, investors need to be careful during this second and third quarter and I strongly advise to keep sufficient warchest to buy cheap stocks in the event that a black swan really happens.

We are definitely going to see a volatile year ahead of us and even the next few years.

By AL Metaphysics

The above is a guest post by my friend who is well versed in Metaphysics.

What’s my action?

From the above, seems like something bad is coming. Personally, from fundamental point of view, bearing in mind of the following:

  • Yen Carry Trade
  • Rising interest rates (although SG banks like UOB cut rate starting from May, but Fed 10 years rate are actually increasing)
  • Dow supported by Magnificence Seven ONLY and keep up for the past few years
  • Crypto breaking past ATH with so many stories that Crypto will replace fiat
  • Gold rising to high level (usually this signal flight to safety)

I believe that some correction/crash is coming. The extend of the drop I am not sure but definitely won’t be nice, likely trapping lots of FOMO people.

Personally, I am keeping cash (around 40%, exclude my SSBs as the super warchest) to take advantages of the situation. What about you?

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

I am using FSMOne.com to invest in funds & ETFs (including money market funds). FSM is good due to the low comms and the free transfer from FSMOne to CDP (typically takes less than a week to transfer). If you do not have an account, you can sign up here. Please use my FSMOne referral code: P0413007.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed (your strong health, time with young child) while busying striking out in career.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

Trading a Guaranteed Today with an Uncertain Tomorrow

Posted on by careyourpresent

One can always spend their time and life energy worrying about future, planning about future..while forgetting about current.

However,…what about now?

No one is immortal. There is always a last time.

Time is the ultimate wealth, not money.

Happy is free.

Yes you can worry, but what if later never come? I know live in present is not easy but we all must strive to do so.

You work hard and spend long precious waking hours in career.

Left little time with your loved one, for yourself.

You understand time value of money.

You understand delay gratification. Spend less money now for future.

But you are trading a Guaranteed Today with an Uncertain Tomorrow.

Tomorrow could be better due to all your various efforts, but one thing for sure.

IT WILL Look different

IT WILL LOOK Different – Yes, you will have more money, better financial security, nicer houses..

BUT you are no longer young, health is not there, many things that you could do in the past, you can do now. Your energy level will be much lower.

Your kids has grown up, they no longer wants to spend precious intimate time to play with you. They want to spend time with their friends, their own hobbies.

Your parents are old, they may not even be around.

Of course, you can always carry those money to your tomb.

If you don’t want, do something now.

It’s a weekend and I thought we should remind one another.

Look at these pictures. Pictures are more powerful than words.