Category: Investment
Topics covering a wide range of investment topics, including investment strategy, real estate, stocks and shares, finance, and crypto.
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8 Lessons from “Get Smart with Money”
Netflix released a documentary film this month titled “Get Smart with Money”. In the show, 4 people struggling with different money issues are paired with financial advisers on a one-year coaching program. The 4 client-adviser pairs are: Lindsey, a waitress and bartender working 2 jobs and living from pay cheque to pay cheque. She is […]
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Financial Independence, Retire Early (FIRE) – Does It Work?
In a commentary written by Keith Yap published by Channel News Asia on 16 Aug 2022, he says it is increasingly common to hear millennials talking about FIRE – Financial Independence, Retire Early. It is a movement which is supposedly able to help millennials retire by their 40s, or even 30s. Is it possible to retire in 10 years using this formula? To find out, I have reverse-engineered the math behind those claims.
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Why and How I’m Shorting Bitcoin
Proshares launched a Short Bitcoin Strategy ETF (BITI) on 21 Jun 2022. It is a fund meant deliver a performance inverse (opposite) to the price of Bitcoin. In other words, if the price of Bitcoin (BTC) goes down, the value of the fund will increase. If BTC price goes up, the fund value will decrease. I bought into this fund on 27 Jun 2022 @ US$ 39.9762 per unit. I’m expecting it to go up to about US$ 60 in the next 6 months. In this post, I’ll explain why I’m shorting BTC, and how BITI works as a good vehicle to do it.
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9 Financial Lessons from a Board Game
#1: Good Debt vs Bad Debt #2: Stay Invested #3: Be in the Market #4: Luck is Important #5: If Unlucky Skill becomes Critical #6 Be careful if you Leverage #7 Low Income = Economic Vulnerability #8 Keep your Income High, Expenses Low #9 Be Emotionally Neutral to Doodads
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Why Tether (USDT) May Fall Next
An article titled “Tether – the coin that could wreck crypto” was published in the NY Times on 18th June 2022, which had a lot in common with my own article “How “Stable” are Stablecoins?” published on 31 May 2022. Here are 5 similarities between the two articles.
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Why I Like Income Generating Assets
An income generating asset is like the goose that lays golden eggs. You can sell the golden eggs for money, and you can also sell the goose (please don’t kill the goose like the story goes!!). If you bought the goose at the wrong price (i.e. too high), you can still sell the eggs for income for years to come. But if you managed to buy a goose at a discount, you can sell the goose for a profit in future. And while waiting for the right price to exit, you can continue enjoying the income produced by the goose.
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XSGD – Singapore’s Own Stablecoin
I learnt a few days ago that Singapore actually has its own stablecoin! It’s called the XSGD, backed by StraitsX, which was developed by Singapore-based fintech firm Xfers. I wrote a fair bit about How “Stable” are Stablecoins earlier, and it’ll be interesting to analyze the stability of the XSGD as well. As discussed in […]
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How “Stable” are Stablecoins?
Stablecoins are called such because they are pegged to a fiat currency. If the peg is maintained, the stablecoin is as stable as the fiat currency, since it is always exchangeable with the fiat at a 1:1 ratio. But do you know what the keyword in that whole sentence is? “IF”. I believe what gives […]
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3 Drivers of Asset Demand
Asset prices in a free market, like all other prices, is determined by demand and supply. Thus, understanding both the demand drivers and supply factors of a particular asset is important if you want to figure out if the price is going up or down in the time frame you are looking at.
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Why there might be a Bull Run in 2023
Inflation and Recession. These are the two buzz words all over the market right now. Sentiment is broadly pessimistic. But is there still an upside? I believe there is.