Why do I choose distributing not accumulating ETFs?

ETF

 “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

Why you shouldn’t listen to financial gurus

crop faceless multiethnic interviewer and job seeker going through interview

“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

How to take back USD from IBKR during retirement?

move back USD in ibkr to Malaysia

“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

How to use Instarem to fund IBKR from Malaysia

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

Can you make SGD/MYR while living in Malaysia/Singapore?

Can you make SGD/MYR while living in Malaysia/Singapore?

“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

5 money advice you should know by 20

“The more your money works for you, the less you have to work for money.” When I started working part time when I was 10 years old, I was given about MYR0.50-MYR 1 by my uncle and grandfather. My grandfather was a coconut and cocoa bean planter. He owned a… Continue Reading

Is being frugal a choice?

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

A simple strategy for Malaysians/ Singaporeans to retire

calculator and notepad placed over stack of usa dollars

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

How to make more happiness from your money?

“Money can buy a shitload of happiness — just nothing you can’t ever live without.”― Quentin R. Bufogle I started to realize the importance of money when I was young. The days when I woke up at night worrying about money were still vivid in my memory. The older I become,… Continue Reading

Why can’t we make enough money?

why can't we make enough money?

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