Frugality can only get you to half the financial independence( FIRE) journey. You need to earn and make money to build wealth!
“Waiting helps you as an investor and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.”-Charlie Munger If you, like me, are enthralled by the wonders of science, then you too must believe that… Continue Reading
Many Malaysians especially non-Bumiputras are very excited about the news that the government has increased the ASM fund size by another RM5 billion. As most Malaysians have known by now, most ASN funds are specially allocated for Bumiputras, non-Bumiputras are allowed to buy a few funds only- one of which… Continue Reading
“Invest for the long haul. Don’t get too greedy and don’t get too scared.” If you are a Malaysian and had at least MYR 1 million in your EPF account in 2020, you are among the only 67919 or the top 0.64% of 14.89 million members. On average each EPF millionaire… Continue Reading
Do you know the only thing that gives me pleasure? It’s to see my dividends coming in. -John D. Rockefeller There are a few surprises that happen to my USD denominated portfolio in 2Q 2022. As you know, I opt for VUSD and VWRD as my equities ETFs, both ETFs… Continue Reading
“Time is more valuable than money. You can get more money, but you cannot get more time.”Jim Rohn The ringgit depreciated to its weakest level against the Singapore dollar (SGD) on Tuesday (May 24) 2022, after the exchange rate surpassed 3.1993. As a Malaysian, it is heart-breaking to see MYR… Continue Reading
“The price of anything is the amount of life you exchange for it.” – Henry David Thoreau I am once again reminded the inexorability of life cycle after attending Qingming (清明节) this year. Due to Malaysian MCO, the last time I came to my father’s tomb was 2 years ago. It… Continue Reading
“Empty pockets never held anyone back. Only empty heads and empty hearts can do that.” –Norman Vincent Peale I think this post will attract a lot of Malaysians to read further. Unfortunately not many Singaporeans are eager to make MYR while living in Singapore. The matter of fact, why on… Continue Reading
A wise person should have money in their head, but not in their heart. –Jonathan Swift TnG (Touch and Go) e-wallet recently launched GO+. It is essentially a low-risk investment that is managed by Principal Asset Management Berhad in collaboration with CIMB bank. TnGo makes returns from investments through a… Continue Reading
Most people work just hard enough not to get fired and get paid just enough money not to quit-George Carlin According to Greek mythology, Sisyphus, a king in Corinth, was punished by Death due to his deceitfulness to push an immense boulder up on a steep hill. He found the… Continue Reading
“I have an income nearly sufficient for my wants (no one’s income is ever quite sufficient, you know).”-Anthony Hope Yes, I am saving as usual to achieve my financial independence but the month of January is always depressing because I don’t get any dividend from any of Malaysian or Singaporean… Continue Reading
