Explaining personal finance to kids can be very challenging, especially when it comes to the logic around compounding. Here’s a simple way to explain the power of compounding with your kids. Here’s how the conversation would be like between me and my imaginary son, Tom. Mickey: Tom, what would you rather have, $100,000 or a…
Seedly is probably the only company that is able to organize a finance event in Singapore that managed to get people in their 20-30s to show up for a 6-hour long event, and make them pay $30 to attend. On a lovely Saturday morning, I joined the bunch of lovely folks from Seedly at their exclusive…
In December last year, I received a letter from Oxley WorldBridge, the property developer for The Bridge. In the letter, it was mentioned that my Cambodia property is completing ahead of time and they attached a payment notice for final payment. That means it’s time for me to pay up the remaining 50% of the…
A number of robo-advisory startups have sprouted in Singapore in the last 2 years. They provide financial advice or portfolio management online with moderate to minimal human intervention in exchange for lower management fees. Most of the decision making is based on mathematical rules or algorithms. I’ve been monitoring startups like AutoWealth, StashAway and Smartly who…
Do you believe in dollar cost averaging or lump sum investment? Over the past few years, I’m a firm believer on the former. But do I practice what I preach? That’s a whole different story. The ammunition is there but no bullets were fired While I’m consistently socking money away in my investment war chest,…
Unless you’ve been hiding in North Korea, you’ve probably know a little about the US presidential election that Donald Trump has been campaigning for a long time now. Most of the information probably revolves around the crap he spews every time they put a mike in front of him. What some of my friends consider…
Subscribe to Our Weekly Newsletter
Every week, I’ll be sharing practical tips and invaluable knowledge to guide you on your path to financial independence.
