Funding IBKR using Wise Multi-currency account

person putting coin in a piggy bank

“The stock market is filled with individuals who know the price of everything, but the value of nothing.” — Phillip Fisher If you plan to travel overseas soon for holiday, I advise you not to bring along your credit card, instead, you should get a Wise Debit Card. You can… Continue Reading

How worried should you be while investing during a bear market?

young troubled woman using laptop at home

“The true investment challenge is to perform well in difficult times.” Seth Klarman Most investors hate bear market. No one likes to see their portfolio value drops during a bear market. But the truth is during wealth accumulation phase of your life, bear market might be a friend rather than… 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

Why do I think simplicity is king in investing?

kitten lying on surface

“Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.” If you are my regular blog reader, you should have known by now I invest regularly in ETFs via Interactive brokers. My investing strategy is simple, I hold… Continue Reading

Monthly Financial Update Dec 20

FIRE,money

“The reason that man is seldom satisfied with his salary is that when it increases, he increases his expenses.” Yes, finally the year 2020 came to an end, it was a tough year for many of us. 2020 also provided us a chance for deep reflection what has gone wrong… Continue Reading

What I teach my sons about money

mother giving her daughter her allowance

“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.”Ayn Rand I am going to tell you a truth, it is certainly better to be wealthy than poor. Your friends might tell you that wealthy people have a lot… Continue Reading

Withdraw money from IBKR back to Malaysia and Singapore

IBKR

Buy and hold forever, that’s the only strategy you need investing in ETFs I should be talking about how to do this a long time ago. We have learned to fund IBKR (Interactive Brokers) from Singapore and Malaysia, now it is time for us to learn how to withdraw money… Continue Reading

Monthly Financial Update Nov 20

FIRE,money

Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one. –Benjamin Franklin I make some changes to my monthly financial calculation. Before this, the income I receive was my gross income before taxes,… Continue Reading

Make money by investing during a bull market

Men who can both be right and sit tight are uncommon. -Jesse Lauriston Livermore Can you make money by investing during a bull market? Yes, of course, you can provided your investment horizon is long term ( at least 3-5 years) and you do not invest in individual stocks. Warren… Continue Reading

Drgohhk Interview Series #2

Financial independence

 “More important than the how we achieve financial freedom, is the why. Find your reasons why you want to be free and wealthy.” –Robert Kiyosaki Welcome to drgohhk interview series #2, today I am happy to introduce to you Dr. Fiholic , a Malaysian doctor who is currently on his journey… Continue Reading