Simple Budget, Simple Life

I never thought I would face this issue. After accumulating $300k cash, and feeling that I've kept too much dirty fiat with me, I've been investing aggressively. Aggressive may not mean smart. In fact, I am feeling stupid because my investments have been doing badly 🙃 As a quick summary, this is what I've been doing over the past year: Buying more REITS, just to name a few - Keppel dc, Ascendas, Capland China Buying more US stocks, just to name a few - Tesla, Roblox, Sea Converting SGD to USD for crypto Just on crypto alone, in midst of the recent drop, I've pumped in $15k SGD to buy BTC and ETH 🙃embodying BTFD in my blood very literally, within a week.  Am I worried? Of course! Each time I open my Tiger Broker + crypto apps, I see a blood of red. My limit orders on Gemini just keep setting off hahah. I've been doing what people call DCA, but man, the amount of transactions I made is quite crazy. I've also just started Anchor Protocol for it's lucrative

As someone who held massive cash (in proportion to my networth) previously, it feels scary to see that I'm running out of cash. For context, just 1 year ago back in Aug 2020, I talked about having $300k CASH before reaching 30 and the breakdown is here. Few days after I posted, I came upon Tiger Brokers (see my guide and referral here)  and have invested heavily since. I grew my Tiger Brokers portfolio from $0 to $28k (one month later)  to $70k (five months later)  to $95k (eight months later)  to $136k (eleven months later)  to $170k now (1 year 3 mths later). And unfortunately, I am sitting on paper losses amounting to close to $9,000 now 🙃as a bulk of my portfolio is in HK/China stocks 🙃🙃🙃🙃🙃I'm the donkey. I've depleted more than half of my CASH warchest just on stocks alone. I also started my crypto journey in Feb this year.  From $0 to close to $30k capital pumped. Though the good news is I'm seeing gains of around 20-30%. Not an amazing feat compared to pe

Back in Apr, I shared that I'm inching close to $200k portfolio value 3 months down, I have crossed $200k portfolio value, mainly due to recent cash injection to my Tiger Brokers account. Update on Tiger Brokers portfolio (~SGD$136k) In my previous post, I had ~9k USD paper gain.  As of today, with the bloodshed amidst the China tech stocks, and with a good majority of my Tiger portfolio holding their tech and bank stocks, I'm seeing negative . I will be frank that I had averaged down my Tencent stocks (mind you, the minimum transaction 100 shares) at HKD 470 on 27 Jul 2021. I should have been more patient, as the price dropped all the way to ~420 HKD within a few hours. That's ~SGD$880 paper losses pretty instantly haha. Here's the distribution of my stocks: Update on CDP portfolio (~SGD$85k) Since my start with Tiger Brokers, I've not bought any stocks directly via CDP/DBS vickers which I was using previously. Their fees are just too horrendous compared with Tiger

I had a few goals set (see left panel of my blog).  Some were unattainable, some came to fruition by time, effort and perhaps, luck. My newest goal was to hit $200k stocks portfolio value this year.  It took me 7 years to start investing proper. I used to be a mega saver. The pic below was my cash savings milestone. I think I did a great job in saving those amount! I mean, $300k cash at 30 ....is pretty crazy. I even set a goal to save $600k by 35 . But I got woke.  I needed my money to work better. I saved through employment but I don't wish to be tied down by my job. I aim to stop working at 40. How I wished I started my investing journey earlier so I can quit now.  It was through  Tiger Brokers  that made investing easier to access foreign markets PLUS it is cheaper. I no longer have $300k cash. In fact, I'm trying to reduce it to $100k cash - and pile the rest into the market. As of today, I'm hitting close to $200k portfolio across Tiger Brokers and my CDP. Honestly,

When people talked about STI being the Super Terrible Index, I laughed. It was such an apt description cause the people around me who invested into STI via DCA years back are still seeing red.  Despite that, I decided to take it up when it was hovering around $2.50+ in Sept 2020 through  Tiger Brokers . I reckoned that Singapore economy would one day rebound. When would that "one day" happen? I'm not sure. But I figured if it continues that way for the next 1-2 years, I'll just accept the dividends that comes along, since interest rates from saving accounts SUCKS. I didn't expect STI to cross $3.00 4 months later.  I had also planned to sell it off once it hits $3.00.  Not sure if it was a sign - I came across this, and I quote "A gain is not a real again unless its a realized gain". So I decided to sell off my shares in STI ETF, for a ~18% profit.  All through Tiger Brokers.   You can check out the fee comparison on stocks purchases between Tiger and D