Simple Budget, Simple Life

In this current economic crisis, the stock market offers attractive picks. As you know, I had $300k cash, but in a span of 2 months, I've held lesser cash and pumped in ~$50k into the stock markets - particularly in HK and US markets. The thing is, I only had a ~$50k portfolio value for the past 6 years (from 2014-Jul 2020).  So what made me daringly pumped $50k into the stock market in a span of 2 months? Entrance of Tiger Broker  I'm not paid to say this, but Tiger Brokers opened my eyes to look beyond local shores. I've always been thinking about investing in foreign market. But I've only been thinking . 🤔 I was set back by the commissions and fees charged to buy and hold foreign stocks and has been procrastinating. When Tiger Brokers entered the market, it took me some time* i.e in Aug  (see my link for the beginner's guide), before I jumped onto the bandwagon. I was attracted by the ease of sign-up and the low fees. The app was also pretty user-friendly, maki...

I've previously shared about my 8 sources to get a decent passive income here . Broadly, it's due to: Stock dividends Savings accounts such as Etiqa and Singlife Surveys Selling items I shall not repeat my sharing as you can head over to my link  😉 Since May till Sep, I've been getting $500-$900 passive income. Though I must add that it has been long since I cash out my survey ( check out milieu app - see point 6 ) as I need a sizeable point + I dont have much to sell on carousell now. Given the current economic situation, interest rates have been dropping. On one side, it's good news for my housing loan as I've changed to a bank loan; but on the other hand, as I'm cash-heavy, I don't have much platforms to park my cash. So earlier, I've only park $10k in Singlife to earn 2.5% interest. I decided to up it to $100k to enjoy 1% on the next $90k. Unfortunately, even the 2.5% will now be nerfed to 2%. Sigh This is the last month where I'd see 2.5% inter...