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Showing posts from December, 2017

What do Mr. Money Mustache and Early Retirement Extreme have in common?

These two are very popular people who have achieved financial independence at an age where most of us are still working, not by building a multi dollar business, but through their executive jobs, frugality and smart investment. But apart from this, they also have supportive spouse who believe in their notion, and are working on their side to achieve this goal. If aiming for financial independence early is your goal, it's important to get your spouse on your side (or at least someone who will be consequence natural to your goal). And in Asian context, your parents and the in- laws are important as well. So, before you set your financial goals, perhaps it's good to get your family on your side. Cheers.

2017 in review - Current Business

It's just a week before we usher into 2018. Having done a year of review for the finance sector , it's time for me to review about my accomplishments in the current business (essentially my day job) and to plan for 2018. 2017 hasn't been so so for me. Career wise, this is the year where I feel that I have been left to "rot", and it's a year where I see the future of my career stagnating. There is no signs of promotion for me, in the near future, nor is there any signs of a change in the role (for the better) for a long time to come. It seems that I have been forgotten, or overlooked for most things. I attribute this to a lack of networking within my own organization. In terms of pay, my pay increment has been in line with the organization's overall pay increment. With no promotion, it's a normal increment to adjust for inflation and so on. I have come to realise that significant pay increase only comes with either a change of job or promoti

2017 in review - Finance

We are now in December of 2017. How time flies. With all the dividends and coupons in at this time of the year, it would be nice to make a wrap- up of my finances for the year. 1. Stock Investing This is the year where I started to be more active in stocks, and be more vested in them. Some sales and purchases were made, and Genting which I have been holding and staying in the red for a period of time, was sold once it was profitable.  These transaction exercises simply highlighted my "kiasuism", being so afriad to lose. Realize that I have been selling the counters once they are profitable, but on the contrary, and then holding on to those that are in the red. Well, for now, though I still have no urge to sell those counters that are in red (Kingsmen Creative, PEC and M1).  Nonetheless, in terms of performance, dividends is at $1843.10 (as compared to $310 in 2016, of course this is mainly due to more money in the stocks market this year), with a curr