Custodian VS CDP There were many interesting discussions in Investingnote on using FSMOne buy shares and then transfer to CDP for free. I always thought many people know about this hack long ago. I guess I was wrong. In simple summary, just buy shares using FSMone, pay 50% less in commissions as traditional brokerages (for…
Health is Your Most Valuable Asset – But human only regret after they lost it
We always thought that we are invisible. Tomorrow will always come. But sadly to say, regardless of how powerful, how rich, how smart you are, you will fall sick and you will die one day. THERE IS NO EXCEPTION TO THIS. ME INCLUDED We…Forget Many of us, including myself always forget that life is fragile,…
Market Update + Saver UOB One Account 4% starting from 1 May 2024
There was a revision of the UOB One account Interest announced in early April. Well, it was effective rate of 5% (highest in market) for many months for 100k. With the new update, it would become 4% with 150k! Wah I need to take up another 50k to maintain lesser interest. Well, such is life,…
Market indeed coming down
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…
Enrichment classes for your child
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…
Dream of Financial Independence with a Safe Withdrawal Rate
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…