A Bet On Humanity: Why Index Investing Works (In Simple Terms)
Reading Time: 13 minutes Have you wondered about the underlying reason for the long-term upwards trend of the stock market and why index investing works? Me too, so I wrote a thing.
FIRE 101
Detail of my planned expenses at FI – revising my FIRE number
Reading Time: 2 minutes Hey readers! If you’ve been reading my blog for a while, you would know – and maybe have gotten sick of – my FIRE number, S$2,162,162. This is my target amount that I need in my investment portfolio – a portfolio built around the Bogleheads 3-Fund Portfolio, but modified for Singaporeans – that will generate … Read more
“Average Singaporeans” cannot retire early – findings from OCBC Financial Wellness Index
Reading Time: 12 minutes The “average Singaporeans” cannot retire early… Well… that’s not good. That’s an interesting conclusion that I came to after looking at the results of what OCBC released this past week. (This is not a sponsored post.) On Monday 15th July 2019 OCBC released what they called “Singapore’s First Financial Wellness Index.” The study involved a … Read more
Minimum Portfolio Value for Financial Independence in Singapore
Reading Time: 19 minutes So – if you’re like me – since you’ve learned about this FIRE (Financial Independence / Retire Early) thing, you’ve been super excited to get started. You’re super pumped to plan your savings journey down to the day when you can say “SAYONARA!” to having to work to make a living forever. However, you’re not … Read more
Book Review: Playing with FIRE (Financial Independence Retire Early) by Scott Rieckens
Reading Time: 4 minutes “What are the core tenants of the FIRE movement and how will that help me to retire early?” “What is it like to be on the journey to Financial Independence and what are some of the challenges that I would face along the way?” “I’m on board with the idea of FIRE but where do … Read more
Best way to increase savings? Cut expenses first, get a raise second!
Reading Time: 7 minutes What’s the best way to supercharge our FIRE journey? We’re often told to increase our income, but cutting expenses is way more effective. Here’s why!
Buy a car or make SGD 1,000 per month in passive income forever? You decide!
Reading Time: 6 minutes Cars are one of the more expensive purchases in Singapore. More than just the up front cost, would you give up SGD 1,000 in passive income for it?
My “never have to work again” number – An introduction to the Safe Withdrawal Rate
Reading Time: 10 minutes This post will go into the basics of Safe Withdrawal Rate and the 4% rule, so if you’re already familiar with the concept, you may wish to skip this one. When speaking to my friends about financial independence – and the freedom you get from knowing you’ll never have to work again to earn money … Read more
The Bogleheads 3-Fund Portfolio for Singapore Firewalkers
Reading Time: 11 minutes The 3-Fund Portfolio is a tried and true investment approach to achieving financial independence and long-term wealth, but without access to Vanguard Index Funds what options do Singaporeans have?
What is FIRE?
Reading Time: 3 minutes If you have the chance to purchase a magical perpetual money-making machine that prints enough money to cover your expenses each year, would you?