The Financial Coconut
The Financial Coconut is Singapore’s First Financial Literacy Podcast. In our Podcast, we will be debunking financial myths, discovering the best financial practices, discussing financial strategies that fit your unique life.
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Singapore T-bills are all the rage nowadays but how much do you know about them?
Embark on your retirement planning today with 3 simple yet thought-provoking questions.
Credit cards are like fire – it can be a good tool if used well.
Why are growth stocks not living up to their name?
Is China really politically unstable right now?
Where exactly does the tax money go?
What can millennials do to improve their financial security during this tough period?
Are Singapore Savings Bonds Your Best Bet Against Higher Interest Rates? [TFC First Dibs 164 with Chuin Ting]
What makes SSBs an attractive investment choice and should you invest in it?
It may be better to lie down for a while instead of lying flat forever.
Does quiet quitting actually solve the root of the problem?
What if we tell you there’s another way to FIRE with a smaller budget?
Do you know how to identify companies with growing moats?
While no one likes the feeling of rejection, let’s not wallow in self-pity. What can we do if our request for a pay raise has been denied?
The Financial Coconut has done many stock analyses and yet we have not discussed one of the most basic investing questions: how to choose a brokerage?
Will you be successful in your request for a higher pay?
Welcome to another episode of Emily… we mean Reggie In Paris!
You may love your job, your colleagues are also your friends and your boss is the best in the world but all these mean nothing if your salary is not enough to support you. Could it be time to ask for a pay raise?
What is the best way to support a friend who is struggling financially?
Sure, you receive a monthly income from your job but is that good enough for your wealth accumulation journey?
Recession is often viewed negatively but to many savvy investors, it is actually a great investment opportunity. Have you thought about how to play the market to your advantage yet?
You may love the ease & convenience of conducting digital transactions on-the-go but you may want to reconsider when you hear about the potential pitfalls from using these financial apps.
After 2 years of pandemic, it seems like the world is going back to normal but why are some of us having trouble with that?
Noticed a spike in the price of your chicken rice or kopi-o recently? You are looking at the effects of a high inflation environment.
Learning from the rich will help you become rich. Is that really true? Did you know there’s also much to learn from the not-so-rich?
If you think you’ll never be foolish enough to fall into a scam, think again.
Is the money in your CPF accounts just sitting around? What’s the point of having money that you can see but cannot touch?
Do you believe in multiple selves?
Did you listen to last week’s TFC episode on outdated boomer financial advice? This week, we will expand the discussion by dissecting some of the investing advice from our elders that may not work in today’s context.
Have you ever gone “huh?” when you receive financial advice from your elders that seem a little… iffy?
Planning your first trip after 2 years of pandemic? Prices for your air ticket & accommodation may be high for now so how can we get more bang for our buck in budget travels and still have a good time too?
You are what you eat, but why are some foods so popular despite them being sweeter, fatter and more expensive? TFC 141 may touch a raw nerve among the food fans (where is the ‘premium’ in premium boba tea?!) but hey, hear us out. You may change your mind about them once you understand more about their business model!
Increasing mental health awareness around the world has given rise to the idea of self-care where one makes a conscious effort to prioritise and take care of the self. While the intention of self-care is good, there are some major flaws that we really should be aware of. Is spending money on feel-good activities really the way to self-care?
Do we always have ourselves to blame when things do not go our way and only ourselves to thank when we’re considered “successful”? What if there are forces beyond our control that impact our financial success? Join us today as we discuss 3 external forces that affect your personal finance.
Being frugal is a virtue, right? Isn’t spending as little money as possible the best way to consolidate your wealth? It’s high time we question this premise. Before you come at us and say “how dare you?!”, listen to this episode and find out why we think frugality may actually be limiting the way you live your life.
REITs (Real Estate Investment Trusts) is a popular investment tool among many investors but how much do you know about how these REITs “increase their yield”? Why is it that the yield can go from a low 2% to a staggering 50%? Does a higher yield mean we should buy this particular REIT? Reggie breaks down the concept of REIT yield in this episode and some factors you should look out for when picking REITs for your portfolio.
Local intelligent wealth management platform Stashaway recently made the decision to pull out of China tech ETF KWEB which resulted in much online chatter. In this exclusive interview with its co-founder Freddy Lim, we discuss the rationale behind the deviation in its position and going forward, what investors should look for when investing with Stashaway.
In the world of investing, things are not set in stone. Companies are always evolving and sometimes, the ones that we may have written off in the past may surprise and interest you. In this episode, Chief Financial Coconut Reggie will share 3 stocks that he is paying closer attention to even though he used to hate them. Well, sort of.
The words ‘zen’ and ‘investing’ are usually not put together, but this is what Max & Thomas believe in – you can be zen about investing if you have done your homework with the right mindset. In fact, your mindset is even more important than your skillset as an investor! In this episode, Max & Thomas share more about the secret to get rich, their interesting take on being a millionaire (fun fact: one of them made his first million before the age of 30) and how you can also learn to be a better investor through Zen Investing Academy, their brand new investing programme!
As the Russia-Ukraine crisis rages on, the global financial system is also experiencing some stress. With the world order being put to the test, one can’t help but wonder: what if the US dollar collapses and is no longer the dominant currency in the world? While fear mongering is not our goal in TFC 133, we encourage you to keep an open mind and think about how you can protect your money should the global market move away from being US dollar-dominated.
When we talk about growth stocks, we are not just talking about growing stocks. We are looking for those that will dominate the market so that they can extend their growth phase for as long as possible. Do you know how to look for them? TFC 132 will provide you with some core ideas you should bear in mind when looking for the next growth stock with potential market dominance.
It’s Budget season as Singapore’s FY2022 Budget Statement was delivered by the Minister for Finance, Mr Lawrence Wong on 18 February 2022. What does the government hope to achieve by taxing the top earners? Will the idea of property as an investment tool become a thing of the past as property tax increases? With the upcoming GST hike in 2023, who will be impacted the most? All these questions and more on the Budget will be discussed in this special TFC episode by Chief Financial Coconut Reggie and guests Haresh & Terence from popular local podcast Yah Lah But… (https://spoti.fi/3sSHBsl).
It’s stock picking time! Even though the market is currently experiencing a crazy drop, we believe there are still good opportunities if you know where to look. In this episode, we suss out 3 companies that we think could become the next 5x-10x multibagger complete with our analysis on them based on the numbers and not hearsay. A gentle reminder: we are not looking at this through a crystal ball (we don’t have one) so please remember to do your due diligence before making any investing decisions!
Are you feeling nervous about the sea of red you see in the market recently? Perhaps you are doubting your investing decisions after watching the news that was so critical of a particular company. Does a sell-off really mean the company you invested in is no longer a good buy or is there more to it? In TFC 129, we break down the possible causes of these sell-offs in an objective manner for you before you make your next move (if any).
“Just let your investments compound over time, you’ll definitely make money!” Sounds familiar? The idea of compounding has become so popular in the personal finance space that some are even seeing it as a sure-win method. Is that accurate? In this episode, we reveal the most powerful factors in the compounding effect that can determine the future value of your investments and how compounding can also be applied in your daily life.
News of rising inflation getting you down? Not sure if/how inflation can affect you? Instead of repeating what most experts are saying about inflation, we decided to go into a comprehensive discussion on how inflation can affect the prices of our daily essentials: goods, services & assets and more importantly, what you can do to mitigate any inflation risk you may face.
As we chug along in our investing journey, it is inevitable that we would encounter obstacles that would challenge our investing thesis & mindset. The market is ever-changing so what are some basic investors’ mindsets to internalise and bear in mind so that we can remain steady even if it seems like a rocky road ahead? This episode serves as a reminder for fellow retail investors who may feel overwhelmed with the current market climate.
Imagine a world where China takes over the role of the main global superpower. What will it be like? While none of us can predict the future accurately, this scenario is entirely possible given China’s astronomical growth over the years. As global citizens and investors, what can we do to thrive in such a world? Join us as we explore some ways to prepare ourselves should China become the leader of the world.
Happy 2022, Coconuts! As we set our new year resolutions and make plans towards achieving them, have you ever wondered what is the real purpose behind our goals? In the very first TFC episode of the year, we go deeper into our thought processes and find our why behind the new year goals that we set for ourselves so that we have a clearer idea of not just what you want, but why you want it.
Once again, we have come to the last week of the year and as we say goodbye to 2021, it is also a good time for us to recap what we have learnt about personal finance through the pandemic. Is it always about needs vs wants? How will inflation actually affect Singaporeans? Is it time to diversify not just our investment portfolio, but our personal portfolios in life? Join us as we review and reflect on our financial learnings for 2021!
If you are lucky enough to have a job that allows you to work from anywhere, you may want to consider these 3 locations that our Chief Financial Coconut has personally spent some time at.
The conventional idea of the rat race is where we study hard and get a job to accumulate wealth so that we can settle down, start a family and eventually retire. TFC 121 will blow your mind as we challenge this notion: quitting your job does not necessarily mean you are out of the rat race. This episode will expand on the true meaning of the rat race and the 3 phases to go through for anyone who is trying to get out of it.
This is a special TFC episode as we provide you with our timely analysis of the most recent market news that has triggered a worldwide sell-off: Chinese company Didi’s plans to delist from the US market. This has sparked fears that other Chinese companies listed in the US may also follow suit. Is this a real risk for investors or could this be the new reality going forward? Listen to today’s breaking episode to find out what we think about this.
In Singapore, we follow a tiered tax system. When you make more, you get taxed more. Thus, many of us are thinking of ways to reduce our taxes (legally, of course). What if there is a way to reduce tax and also prepare for your retirement at the same time? The Supplementary Retirement Scheme (SRS) does just that. What is the difference between contributing to SRS and CPF? Should I invest the money in my SRS? How is the money in SRS taxed?
We are about two years into the Covid-19 pandemic and there’s a new variant in town – Omicron. While virologists and governments are researching more about Omicron, how should retail investors like ourselves plan for our investments following this new development? Will news of this new variant start a market sell-off? Should we double down on big pharma? What does this mean for your recovery play in the market? Find out how Omicron can affect your investments in this special episode.
If given a choice, would you leave Singapore and work in another country? Some of us may find it very daunting while others simply can’t wait to move elsewhere. The logistics of moving to another country is mostly manageable but what about preparing our minds for it? In TFC 117, we offer 3 thought-provoking questions that you should ask yourself before making the big move.
It’s 10am on a Tuesday morning. You wake up to the sounds of the gentle waves outside your villa. With a laptop in hand, you head to one of the lounge chairs at the beach… and start working?! This is not a work holiday but the reality of many who have gone on geoarbitrage – living & working in a place with a lower cost of living while enjoying the same level of income. Does this sound like the ultimate life for you? If so, listen to TFC 116 to find out how you can also embark on your geoarbitrage journey!
Social media has been set abuzz last month ever since explosive allegations involving some of the key personnel behind NOC (Night Owl Cinematics), one of the biggest YouTube channels in Singapore started surfacing online anonymously. While we are not here to play the judge and decide who’s right or wrong, we do think there are some valuable lessons to learn about communication from this saga that we can apply to our daily lives. Take a break from the gossip and listen to TFC 115 for a fresh perspective.
Last week, HDB announced the new Prime Location Public Housing (PLH) Model which was met with both praise and criticism from many Singaporeans. What does the PLH model encompass? What does it mean for prospective home buyers and investors? Even if you have no intention of buying a flat in a prime location, we think this PLH model may affect you too! Find out how in TFC 114.
The pandemic has fundamentally changed the way we view work. With the increased amount of time spent working from home, many of us have more time to reflect on the kind of job we want and sometimes we may wonder: is it time to leave for greener pastures? On the other hand, it does seem risky to quit during such uncertain times, doesn’t it? Get more clarity on this thorny issue in TFC 113 as Reggie describes 3 scenarios that may suggest that it’s time to quit your job.
Reggie, our regular host, is no longer in Singapore! Listen to this special episode as he bares it all: the reasons why he chose to leave Singapore, his decision-making process and what he hopes to achieve in this next adventure of his.
The market is an exciting space right now with many potential growth stocks for retail investors to choose from. Of course, everyone wants to aim for stocks with a 5X or even 10X growth but… which one do we choose? Learn how to be a better growth investor by listening to TFC 111 as we share some factors to consider when evaluating growth stocks!
Everyone knows the Chinese heavyweights like Alibaba, Meituan, JD.com etc but did you know there are also other smaller tech companies in China that could be potential multibaggers (fancy a 5X, 10X growth)? Find out which Chinese small tech companies we are adding to our watchlist in TFC 110!
Evergrande, the second largest property developer in China, is in hot soup. News of its financial trouble erupted recently with people fearing for the worst. What exactly happened that led to the current crisis? How should we understand this piece of news, and are there any opportunities that we can take advantage of? Listen to TFC 109 as we break down the Evergrande crisis for you.
Gone are the days where one needs to have a huge capital and a wealth of financial knowledge to start investing. With the influx of easy-to-use brokerage and robo-advisory apps, it is so much easier to enter the investment space nowadays. However, that doesn’t mean that you are an investor yet. Find out whether you’re just investing or an actual investor in TFC 108!
Have you ever felt envious that others are having it better than you? Do you doubt yourself, fearing you may be missing out on something? Do you wish that you could just follow whatever it is that others are doing so that you can become like them? If so, you may be having a case of FOMO or Fear of Missing Out. Contrary to popular belief, FOMO is more common than you think and it may not be a bad thing after all! In TFC 107, we explore ways to leverage FOMO in your personal finance to your advantage!
Digital ads on personal finance and investments are becoming more and more prevalent these days: the Instagram Stories that insert themselves in your feed, the ad pop-up whenever you visit a website, that 5 second YouTube ad that we cannot skip…
The messages behind these ads seem compelling and attractive (“Stocks do not give you high returns, so you should invest in property!”, “Cryptocurrency is too volatile, does that mean it will crash?”, “Sign up for this course and become a millionaire!”) but did you know that many of these are essentially logical fallacies and do not hold water? Listen to TFC 106 and learn how to recognise 3 of the common logical fallacies used in digital ads and become a more discerning content consumer!
Most Singaporeans think that the money in your CPF “cannot touch until you retire”, but did you know you can actually use the money in your CPF accounts to invest? The discussion on CPFIS, or CPF Investment Schemes has been polarising to say the least: people either love it or hate it. How should we view CPFIS and what are some key pointers to consider when investing through your CPF? The Financial Coconut has some advice for you in TFC 105!
CPF is an acronym that every working adult in Singapore knows but not many are familiar with its inner workings. Other than 37% of your monthly income as the mandatory CPF contribution, did you know that there are other ways to optimize your CPF accounts even further? TFC 104 explores 3 ways on how you can make your money in CPF work for you!
The recent news about the $1.87 billion SPAC deal with PropertyGuru got many people asking: what exactly is a SPAC? SPACs, or Special Purpose Acquisition Companies are listed companies with the sole purpose of raising capital to buy another company. With a structure like that, should we be seeking investment opportunities in SPACs or should we be wary of them? Find out more about SPACs in TFC 103!
China has been making the rounds in the media circuit these days and there is one particular sector that many are looking at: Chinese tech. What is the outlook for the Chinese tech sector and the big names like Alibaba, Tencent, JD and more? In TFC 102, Reggie shares his positive views about this booming sector and why he thinks it will continue to grow in spite of the recent government regulations.
With the recent news coverage of Chinese regulators’ clampdown on big tech companies like Didi, Alibaba, Tencent and more, investors are naturally concerned about the outlook for Chinese companies and the Chinese market in general. Reggie joins in the discussion by offering his personal perspectives on the Chinese market. Find out if he is bullish or bearish about the Chinese market in TFC 101!
After a month-long break, Reggie is back for Episode 100 of The Financial Coconut! In this episode, he shares some of the unusual things he did during his break and the lessons he learnt through these unique experiences. What has black T-shirts got to do with Dollar Cost Averaging (DCA)? Listen to TFC 100 to find out!
“I want to invest but I don’t know which stock to buy.” Does this sound like you? If so, you will want to listen to TFC 99 (a replay of TFC 30). ETFs (Exchange Traded Funds) are becoming an increasingly popular investment choice among many investors because instead of investing in a single company, you are investing in a basket of companies. Why is it a good investment choice? How does an ETF work? What are some factors to consider when choosing an ETF? Learn the basics of ETFs together with Reggie in TFC 99!
What do regular savings plans, investment linked policies (ILPs) and robo-advisors have in common? They are essentially different ways of putting your money into unit trusts. Do you have unit trusts as part of your investment portfolio, or are you looking at investing in one? If so, then you definitely need to listen to this week’s TFC episode as we explore some factors to consider when evaluating unit trusts!
After spending the day shopping at the mall, you return home happily with your shopping bags. However, as you unload your bags, you realise you didn’t really need half the stuff you bought; they were bought on impulse. Sounds familiar? You are not alone. While you will find on the internet many solutions on how to reduce impulse buying, not many offer a solution to stop impulse buying once and for all. In Episode 94 of The Financial Coconut this week, Reggie discusses the concept of Money Story as a way to help you eradicate the root of impulse buying.
Many people want to live their lives with passion and FIRE…Financial Independence Retire Early, that is. FIRE is a wildly popular concept where one has sufficient income to pay for his expenses and with that, he is able to enjoy his life by pursuing his interests and goals without having to worry about money. Episode 93 of The Financial Coconut discusses some steps that you can take to achieve FIRE in your life.
“Invest in yourself”. Most of us would have seen this quote in some motivational page on Facebook or Instagram. While the idea does sound perfect, you should avoid seeing yourself as an investment. This may seem like a downer but Episode 92 of The Financial Coconut will show you why you should not invest in yourself.
One of the biggest buzzwords in the investing world is inflation. Investors are always talking about using their investment returns to beat inflation. What happens then, if the expected inflation rate becomes higher in the future? How is that going to affect our investments, and what are some factors investors should take note of?
Create your own financial plan by following these 3 core processesWhat comes to your mind when you hear the words “financial planning”? Investing? Insurance? Saving tons of money now so that you don’t have to worry about your retirement in the future? If these ideas...
3 Trends That Will Change The Way You Manage Your FinancesIn episode #85, we share 3 core understanding about risks. ‘Risk’ is often this big and highly emotional word that people throw around. And the word ‘risk’ can have a different meaning for each of us. So the...
In episode #88, we share 3 concepts that will make your a better dividend investor. The core idea of dividend investing is about finding good companies that are fundamentally strong and have very resilient business that can keep paying you the kind of cash in the form of a dividend. But what exactly are the core factors to look out for to find these companies? Tune in as we share with you some core concepts in getting consistent income through dividend investing. What kind of growth should you look at? Why big name companies may not necessarily be good for dividend investing? What financial ratios should you be looking at? What should you look out for when investing for dividend overseas?
In episode #87, we share 3 business advice for side hustlers. These days, many people want run their own side hustles, be an indie hacker, start a small little business, be a small little boss and what have you not. But the thing is, there are actually a lot of challenges going on within this space. So today, we’ll dive into them and find some ways to manage them. Tune in as we share with you the more relevant risks you should care about. What are some things you need to look out for? What are some typical challenges and mistakes in side hustles? What are some strategies, some core ideas that will aid you?
In episode #86, we share 3 kinds of risks that matters to retail investors. In the grand scheme of things, there are many things that are uncertain, but not all uncertainties matter and not all uncertainties matter equally. Similarly, not all risk are equally important. And today, we will build on last weeks episode on the core understanding of risk to share with you the risk you should care about as well as those that you shouldn’t. Tune in as we share with you the more relevant risks you should care about. What are our objectives as retail investors? And what risks are relevant important given those set of objectives? What kind of risks are less relevant? How can you go about reducing those risks that are matters?
In episode #85, we share 3 core understanding about risks. ‘Risk’ is often this big and highly emotional word that people throw around. And the word ‘risk’ can have a different meaning for each of us. So the question is, what are some objective ways to look at risk so that you can better manage your investments, allocate your resources and make better decisions in your life. Tune in as we provide some frameworks to understand risk. What is risks? What kind of risks should you actually care about? How does your objectives as a retail investor affect your risks? What are some ways to go about handling negative risks?
In episode #84, we share 3 soft skills you will need to prepare for the future of work. 2020 has accelerated many underlying growth trends, from the rise of the gig economy, the remote working arrangement, AI automation, use of technology, whatnot. And many of these trends are here to stay. So how then do we prepare for these fundamental changes? Tune in as we share mindsets and soft skills to prepare for the future of work amidst these fundamental changes. What are these changes? How will it affect you? What are some ways to prepare and thrive amidst these changes?
In episode #83, Reggie shares 3 tips to find peace in a highly digitalised financial environment. Over the years, things have changed as all kinds of online aggregators, like Robo-advisors, shopping apps, payment channels enter the market. And we are experiencing a shift in the way we interact with finance and the digital world. Tag with increasing online tools, choices and access, there is also a lot more information out there. And it can be pretty scary. So how can we maneuver ourselves in this highly digitalised space? Tune in as we share how to find peace in this highly digitalised space. What are some habits to adopt? Why should you go deep, not wide? How can you block out digital noise better?
In episode #82, we share with you 3 potential pitfalls when using Robo-Advisors. Robo-advisors are on the rise and many of you may have some cash in them. Truth is, we’re actually pretty supportive about using them from a broad perspective. However, there are some real challenges that may cause retail investors some problems, especially when you are not attuned to investments. Tune in as we share with you some potential pitfalls and problems you may face when interacting with Robo-advisors to manage your finances and investments. What are some things you have to take note of when using Robo-Advisors? What strategies are most of these Robo-Advisors using and how can you leverage on it? What should you understand about a Robo-Advisor before you invest in them?
In episode #81, we share with you 3 reasons why your interest on cash will stay low and where you can possibly put your money. Recently, there has been a lot of discussion going on online. Many are asking if there’s safe place to put their money as the interest rates with the banks and cash management platforms are so low these days. Tune in as we set the reality on cash interest rate and discuss how you can move forward from here. How these cash management platforms work? What’s going to happen with cash interest rates going forward? Why interest rates will stay very low in the next 3-5 years?
In episode #80, Reggie shares 3 reasons why he does not own bitcoin. Bitcoin is like the traditional godfather in the world of cryptocurrency. It is the largest by market capitalization. And a lot of enthusiasts actually believe that it has value and is here to stay. But we actually have a pretty different viewpoint. And we’ll share with you why. Tune in as Reggie make his stand on bitcoin. What are some upside reward and downside risk of bitcoin? Can bitcoin overtake financial systems? Instead of looking at it as an investment, can we look at it as a hedge instead?
In episode #79, Reggie shares 3 reasons why he loves blockchain. If you have been following investing, banking or cryptocurrency in recent years, you would have likely heard the term “blockchain,” the record-keeping technology behind the Bitcoin network. It may seem really complicated. But its core concept is actually quite simple. So, how exactly does it work? Tune in as Reggie establishes some base cases on the future of blockchain. How does it work? What roles can it possibly play in our lives in the future? How he views bitcoin? And should you take part in it?
In episode #78, we share 3 main types of Investment Strategies. Each of them requires a different level of rigour, skill sets and knowledge. Having a clearer idea of these differences will help you to better choose how you approach investing. And allow it to fit into your unique life.Join us as we help you understand the three major kind of investors out there. What kind of challenges do each of them face? And which one best suits you? What are some basic fundamentals you should sort out before investing?
In episode #77, we talk about how to build a portfolio that maximises expected return while minimising risk based on Modern Portfolio Theory. In our previous episodes, we’ve learnt about picking our own stocks, ETFs, REITs and bonds. So now the question is, how do you put all of them together in a way to maximise expected return and minimise risk? Or should you even try to do that? Tune in as we go more in-depth on Modern Portfolio Theory and share how you can allocate assets in your portfolio? What is correlation and how can you use it to build your portfolio? Which asset class should you start with?
In episode #76, we talk about how to build a portfolio that maximises expected return while minimising risk based on Modern Portfolio Theory. In our previous episodes, we’ve learnt about picking our own stocks, ETFs, REITs and bonds. So now the question is, how do you put all of them together in a way to maximise expected return and minimise risk? Or should you even try to do that? Tune in as we share some broad ideas Modern Portfolio Theory and give you three questions that will help you form the basis of building your own portfolio.
In episode #75, we share 3 REIT themes with huge growth potential. There are many kinds of REIT themes. Mega malls, Hospitals, Data Centres, and whatnot. But with the upcoming urban transformation plans in Singapore and global supply chain shifts, some of them will see a greater growth potential. Join us as we break down the reasons for their growth potential. So you can find out which are the themes that will be more resilient and profitable in the long run.
n episode #74, we share a book review on how to better design your life. Creating a life that is both meaningful and fulfilling is not easy. But this book, which originated from one of the most popular elective courses in Stanford, seemed to have found the hack to designing your life.Join us as we talk about this book in Singapore’s context and learn how you can design a better life moving forward. So you can live with less stress, and navigate well even in uncertainty.
In episode #73, Reggie makes his stand on the endless battle between Buy Term Invest the Rest and buying Life Insurance! Insurance is a tool and it has become a given in today’s personal finance palette, but the variety drives many crazy. Everyone is telling you their side of the story and today we will too! Join us as we talk about the fundamentals of insurance. Can you still buy term insurance and invest without knowing how to invest? And should you tie your insurance and investment together?
In episode #72, we share with you how to hack budgeting with multiple bank acocunts. Budgeting goes beyond a Mathematical formula, the psychological elements and daily habits are rarely factored in. Most of us use only one bank for every purpose. Our savings, investments, expenses all go to that one account. It seems to simplify our finances. But in fact, it complicates it.Tune in as we explore how to use multiple bank accounts for better budgeting and how it can help you better manage your money.
In episode #71, we explore 3 fundamental of better goal setting. Goal setting is everywhere in our world. We set goals for our health, our careers, and our lives in general. And there are many different ways to set goals, from ‘SMART’ goals to New Year’s Resolutions. But the question is, how effective are they. And is there a better way to go about setting some real goals that you can actually achieve with a little push? Tune in to hear about how to set themes, goals, and what to focus on after you have set your goals. So that you can increase you chances of reaching your goals while enjoying the process.
In episode #70, we share 3 powerful practices to review 2020. So much has happened this year. A special year like this calls for special ways to review the year. Tune in as we share some tips to help you review the year, see the world for what it is, so you can be more centered and prepared for next year.
In episode #69, we share 3 things you should pursue to create that life you can love. Optimising your finance is important. But that alone may not be enough to create that life you can love. A life you can love is made up of many other aspects. Join us today as we share about what are some things you should pursue to make your life more fulfilling.
In episode #68, we share three pieces of advice on starting a business with a small budget. Businesses and side hustles that are successful tend to have some commonalities when they started out. After many interviews with entrepreneurs, we have extracted some of these qualities and boiled them down to three. Tune in to hear as we share these common qualities and advice which will help you to avoid costly mistakes and aid your side hustling journey.
In episode #67, Reggie talks about 3 reasons that will make him sell his stocks. Understanding these reasons will help you to better decide when to sell your stocks. You will hear about some fundamental principles of stock picking, their limitations and how you can link these principles to help you decide when and whether you want to sell your stocks.
Gold is touted as this safe heaven investment. And for a very long time, it has been a subject of contention across the financial markets. Bulls and Bears battle it out! Even Warren Buffett has entered the space! But does he actually own GOLD? In today’s episode, we will explore: Did Buffett actually break his investment thesis and buy Gold? Are all forms of “Gold Investment” the same? Should there be Gold in our portfolio? Is there real value in Gold today? What is the underlying narrative when buying Gold?
Ep 65: What is next after you have achieved your financial goals? (with Randall Chong, Books Beyond Borders)
In episode #65, we explore what is next after achieving your financial goals. As we embark on this pursuit of financial progress, sometimes wonder, is this all there is to life? I think we all can agree there is more to life than more money, but how many of us dared to drop our familiar cycles to embark on the path less traveled, starting a social enterprise? Today I am bringing on a very Randall, the founder of Books Beyond Borders as we explore: Is there more to money in the pursuit of life? Does being a social entrepreneur mean that you sacrifice financially? Can social enterprises ever be profitable? How much is enough and where does one get the strength to pivot their whole life?
In episode #64, we share 3 kinds of financial advice to be wary of. In a world where information is always bombarding you, it is important to take extra precaution for certain financial advice. Because following them blindly can potentially be very costly. Tune in today as we explore: Are there absolute truths and “best”? How do we decide which advice works for us? Why we should recognise probability when listening to advice? How to tell if an advice has logical flow?
We interject the regular episodes to bring you this highly sought after discussion. As more Singaporeans are invested in the US and with close to 50% of all stock market capitalization now in the US, many are wondering what is going to happen going forward! One thing to start, we are assuming a Biden Victory, Republican Senate, and a Dem House which is a super important assumption in our discussion as we explore: Will your portfolio see a direct impact from a change in the presidency? Can the US tide through the economic challenges and pandemic? Do you need to adjust your portfolio now? Will the US stock market crash? Is weed the biggest winner of the US election?
Some of us are doing fine, some of us have barely started, and an increasing number of people are struggling with job losses, underemployment, or pay cuts today. Tough times are here and there are some realities about the job market during such periods that we cannot hide from. In today’s episode, we explore: The inflow of talent vs demand. Who are the people job hunting during such times? Should one just take any random job? How can we rise above the markets?
Singapore is consistently one of the most expensive cities in the world to live in and yet there is a thriving community of people here living on FREE! Must Singaporeans work till we drop? Must retirement be a 65-year-old thing? Is there a better way to live? In today’s episode, we explore how a thriving community in Singapore is leading a new way of life, living leanly yet in abundance, as well as the idea of consumerism and how can we can thrive on what others don’t want.
Getting your own space for the first time is a nightmare! Where do you even start? Should you get an agent or go directly to the owners? In today’s episode, Reggie will share with you his personal experiences through renting his first property to reduce that anxiety and provide a game plan to roll with.
In episode #59, we go abroad, challenging the idea that Singapore is the best and only space one should settle down into. Being born and raised here has its perks, but that does not mean the world out there cannot be your playground. Malaysia our neighbor is a great place to start to embrace that excitement of living in another land while having that pseudo familiarity of home. We hope you find inspiration to dare to go out and create that life you love.
In episode #58, we explore the future of financial planning, where one day an app can do it all for us. Cherie, founder of Planner Bee is on with us to explore the arcane practices of financial planning, how she is going to disrupt it, and honest thoughts on where financial planning fits into your modern life.
In episode #57, we give you the ultimate hack to save $10k this year! We all cognitively know about the magical formula of savings, investing, compounding, and Walah happy retirement, BUT day-to-day there are just so many exciting things to participate in that hinders that formula from blossoming. Tune in to get a better understanding of why you practice some of these killer habits that are impeding your growth and how you can work around them to inch you closer to “Financial Freedom”
In episode #56, we will share with you the major qualitative factors that you must examine before determining your investments in the stock market. Investing is not simply a scientific numbers game, understanding who is running the business, how scalable are they, and what are some advantages they have over their competitor competitors can greatly improve your investment returns.
In episode #55, we are jumping straight into the debate of University today. While many have rightfully pointed out the advent of new innovative ways to learn, the university remains one of the most influential platforms for thinkers of today and tomorrow. Are you a great fit for it? How do you reap the most of your university years? Ben, founder of Kinobi joins us today to crack it all.
In episode #54, we breakdown the great modern-day investment tool REIT for you. For the longest time ever, only the wealthiest amongst us can own Mega malls, Hospitals, Data Centres, and whatnot. Now we get to share those sexy properties, but is it all a beautiful fairytale? Why would big developers share with us a part of their superstar properties from around the world? Let’s dive deeper into how REITs work, why they exist, and how you can benefit from this!
In episode #53, we ride the hype! In our pursuit of profits, many retail investors will jump onto various bandwagons, investing in gaming, cannabis, cleantech, and whatnot. These themes may be here to stay, but does that mean we will definitely profit from it? Every time a “next big theme” arises, an ETF will follow to help us get into the game, but they tend not to do so well right from the get go. Find out why they fail the hype.
In episode #52, we join Marie, Jeannette, and Evenly from MistressClass to explore the unique financial challenges women face today. From pay discrimination in the workplace to household finances to changes in spending habits after becoming a mum, we tackle each one of them through this conversation. We want to give a special shoutout to all our female audience and we hope the guys here learn some insights and grow more empathy for the women in the house.
In episode #51, FIRE is the goal. The question is how to FIRE, is it all about stashing loads of cash aside, investing well, bringing your expenses down to a point where you do not need to work anymore and “retire”? There must be a better way to go about retiring! There cannot be much joy by “not working”. What do you actually want to achieve through FIRE and how does a beautiful early retirement look like?
In episode #50, we challenge the conventional wisdom of diversification. Diversification as an idea is great, allowing us to get a strong investment yield with reduced volatility/fluctuations. BUT there are many scenarios that a retail investor will easily fall into, thinking that they are diversifying, only to find out that they may have probably taken on more risk than they otherwise would have, all in the name of diversification. Let us break it down together.
In episode #49, we are joined by Maureen Li from Abiel real estate investment to breakdown all the “Internet property myths” paddled out there today. Can you really own a property with no money down? Or sell 1 HDB for 2 Condos? Is HDB a real property? Listen to what a property investor think about these strategies and get a hold of some ideas for your own property game plan! We know deep down, you really want to own your first property!
In episode #48, we are joined with Samuel Goh, one of the most popular wedding photographers in Singapore. Despite having a good flow of jobs and income now, he has gone through tough times and still struggles with anxiety given the unstable nature of free-lancing. We believe many of you guys want to be your own solopreneur or try some side hustles to potentially grow more income, so we have him on to share with us some strategies to create a relatively stable financial situation for himself while he pursues his passion and profession in the creative space.
In episode #47, we talk about financial professionals. We focus on how do you smell the real deal from the fluff so that you can find the professional that fits you and meets your goals. DIY honestly is pretty difficult, one cannot do everything and at some point in our lives, we will have to engage a professional to aid us. The Financial Space is filled with noise and shiny things, let’s learn to be better buyers today and stop blaming the seller.
In episode #46, we will dive into the infamous Unit Trust! This tool has been around for a really long time and does not have great vibes amongst retail investors today. The problem with high fees and complex product structures still exist depending on where you get your unit trust from. A tool is a tool but given the current market, there are many more options that share similar traits but are superior! Do you invest in a unit trust? Let me share with you why I do not.
In episode #45, The Fifth Person (TFP) joins us to propagate their belief in stock picking. Some of us within the TFC team are stock picking enthusiasts ourselves and we love TFP’s work. Learning to pick stocks is a life long skill, even if you do not pursue it, the process of understanding a company from its financials to its strategic moats helps us to be better investors of all tools. Join us as we explore the learning curve of stock picking and finding out if you should pick your own stock today.
In episode #44, we breakdown common financial advice that is floating around the internet, disturbing our virtual experience. Sniffing out what is accurate and what is fluff packaged as wisdom is a real challenge today. We will break into some of them to show you the system of packaging fake news, we hope you will be more equipped to decipher the real deal after this. In any case, bring your observations to our telegram group to have them vetted!
In episode #43, we talk about some important mindsets that will empower you on your financial literacy journey. Along the way, many things will happen, many people will want to influence us and new information will enable us. Realistically life is not a linear journey, much like in personal finance! We believe that you must manage your finances alongside your life! So these mindsets will serve as your bedrock on this journey of living the life you love while managing your finances well.
In episode #42, we explore some “good stuff” that you should get! Underlying it all, we are trying to challenge your notion of spending well. What should we spend to create a better life? Too many people emphasize the concept of savings, but we rarely explore the part of being a better spender. Today we give you some interesting ideas to spend on to create a life you love. Not spending =/= a great spender! Let us know if you have other great ideas too!
In episode #41, we explore some basics of being a good stock picker. This transcends skills and capital alone, going deep into the core factors that affect your investment choices. The reality is there are many things we cannot control, how do we react in various situations matter and what are some habits that we should have to ride through the stock market? It is true that picking your own stock can potentially make more returns than funds, but are u ready for it?
In episode #40, we challenge your understanding of a job. There is a disdain out there for working a job, but why so? Have you considered how having a job can empower you in ways beyond the pay? Do you think having a stable income provides you that added advantage for long term planning? When should you quit your job and what are the alternatives? I hope you see things from a holistic viewpoint beyond your unhappiness with various aspects of your current job, there is more than meets the eye.
I believe when we talk about investments, we engage in a lot of "hear-say". My friend say hor... I heard from the news hor... The general idea is that many people either blindly follow or just totally stay out from investing. I understand there is a good amount of...