A few years ago, when the various banks started to offer the smart savers program, (where interest was stepped up if you credit your salary to the savings account, pay bills using the savings account, clock minimum spend on bank's credit cards...etc), I signed up for the OCBC 360 account because the interest was good. … Continue reading I Switched From OCBC 360 Account To BOC Smart Saver Account And Never Looked Back
Tag: financial literacy
S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs
I find this article from Mothership very inspiring. It is about a young lady who realized her dream of becoming a homeowner before the age of 24. Her goal to own a condo started when she was only 21 and just graduated from Polytechnic. In order to fulfill her dreams, she took on multiple part-time … Continue reading S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs
My (Very) Costly Mistake When Purchasing My First Flat
This post is not about investments or options trading but to share my personal experience (and an expensive mistake made) when I bought my first flat more than 12 years ago. Back then in 2011, property prices were sky-high and the average Cash-Over-Value (COV) was at least 30k to 40k. My wife and I were … Continue reading My (Very) Costly Mistake When Purchasing My First Flat
200K Dividends In the Year 2022
I watched this video that talked about an investor who collected S$200,000 in dividends last year (2022). He is none other than the legendary investor, AK, who is a well-known investment blogger in Singapore. I have been a fan of AK's blog, A Singaporean Stock Investor (ASSI), since 12 years ago, before I even started … Continue reading 200K Dividends In the Year 2022
How A Wrong Move In Options Trading Stopped Me From Taking $66k Profit | Disadvantages (Risks) Of Selling Covered CALL Options
I accumulated 300 shares of Nvidia over 2021 and 2022 when my SELL PUT contracts were exercised. The average price of my Nvidia shares is USD 263.33. Since the start of the year, Nvidia has experienced a phenomenal rise in share price. Its YTD (Year To Date) performance is almost 200%. Based on Friday's (16 … Continue reading How A Wrong Move In Options Trading Stopped Me From Taking $66k Profit | Disadvantages (Risks) Of Selling Covered CALL Options
Update On My SPY & QQQ (Auto) DCA Portfolio
3 months ago in March 2023, I shared why I intended to do Dollar Cost Average (DCA) into the 2 ETFs, SPY and QQQ, and how to do it automatically using Interactive Brokers (IBRK). For those who do not understand DCA, it simply means buying at regular intervals over a long period, regardless of the … Continue reading Update On My SPY & QQQ (Auto) DCA Portfolio
My Options Trading Strategy For 2023 | Introducing SOP Options Trading Strategy
In this article, I want to share with you an options trading strategy that is relatively low-risk and has a good margin for error, while being profitable and easy to implement. For simplicity sake, I shall called it the SOP strategy as I have been using it for the past 2 months and so far, … Continue reading My Options Trading Strategy For 2023 | Introducing SOP Options Trading Strategy
I Compare The Sign Up Rewards For 4 Brokerage (WeBull, MooMoo, Tiger, IBKR), Which One Is Most Attractive To Me?
One of best ways to earn some extra pocket money is to take advantage of the sign up promotions and rewards offered by the various brokerages. In this article, I wish to share what these 4 brokerages (WeBull, MooMoo, Tiger & Interactive Brokers) are offering so that you can have a good overview as well … Continue reading I Compare The Sign Up Rewards For 4 Brokerage (WeBull, MooMoo, Tiger, IBKR), Which One Is Most Attractive To Me?
How Does Bull CALL Spread Work? | CALL Debit Spread Explained For Newbies (Part 4 of 4)
This is the last part explanation of the 4 Vertical Spread options strategies where I will explain more in-depth about another vertical spread strategy for bullish play, which is the Bull CALL Spread Strategy. This is also known as CALL debit spread as the options buyer pays a premium (debit) in order to open up … Continue reading How Does Bull CALL Spread Work? | CALL Debit Spread Explained For Newbies (Part 4 of 4)
Why I Am Building $120,000 Of Cash Reserves In Singapore Savings Bonds (SSB)? | 5 Reasons Why SSB Is A Worthy Low Risk Investment
The Singapore Savings Bonds (SSBs) are a type of Singapore Government Securities that are issued for investors who want to participate in the Singapore Government Securities (SGS) market but in smaller denominations. The capital is guaranteed (you won't lose what you have invested), the interest payout is guaranteed (fixed at the time of purchase) and … Continue reading Why I Am Building $120,000 Of Cash Reserves In Singapore Savings Bonds (SSB)? | 5 Reasons Why SSB Is A Worthy Low Risk Investment
Learning Investment With Jason Cai 