Don’t spend your entire life by working! Start investing your money today so that you can on the fast lane to financial independence!
“Don’t look for the needle in the haystack. Just buy the haystack!” — John Bogle Why do I choose distributing ETFs instead of accumulating ETFs? As a regular reader of this blog, you notice that I opt for distributing ETFs such as VWRD and IGLO instead of VWRA and IGLA…. Continue Reading
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson ” I just joined an online investing club last year, I made 20% gain last year,” said Mr. K**, ” but I lost 15%… Continue Reading
“Plans are of little importance, but planning is essential.” ― Winston Churchill, former British Prime Minister Recently I received an email from a reader asking me about my plan after retirement. Since all my investments are in USD ( in IBKR) and SGD ( in Singapore bank account), how do I… Continue Reading
I talked about how to use Wise ( previously TransferWise) to fund your IBKR account HERE and HERE. Long ago, I found that the exchange rate was always slightly better for Wise than Instarem. Therefore, I encourage my readers to use Wise to fund their brokerage accounts (IBKR) to buy… Continue Reading
“Everyone thinks of changing the world, but no one thinks of changing himself.” ― Leo Tolstoy I grew up always hoping I could become a scientist, a famous physicist who could change the world by proposing a powerful theory like Relativity. Quantum physics intrigued me during my childhood. My life mission… Continue Reading
You don’t get rich then get frugal, you are frugal , and then you get rich! Professor Lastovicka in 1999 defined frugality as “a unidimensional consumer lifestyle trait characterized by the degree to which consumers are both restrained in acquiring and resourceful in using economic goods and services to achieve… Continue Reading
If you can’t summarize your investing plan in 30 seconds, you literally do not have a plan. My friend tells me there are only 3 types of people who manage to retire comfortably in Malaysia- businessmen, politicians, and conmen. Retirement for most of us is a herculean and impossible task…. Continue Reading
By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.- Warren Buffett Indexing is boring and only for lazy investors, some argue. After making numerous mistakes in the stock market, I decided to do index funds investing. Unfortunately for Malaysians, low-cost index funds are… 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
“Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come.” – Dwayne Johnson I used to help my uncle to plant pineapples when I was 11 years old. He paid me MYR 1 (USD 25 cent) weekly to help him on his pineapples… Continue Reading
