Recently a friend recommended me to check out this financial blog and I'm delighted to find that the writer is actually quite good. The articles are fun, interesting and personal. And the design of his website, definitely miles better than mine ;P What I connect to most is his philosophy of relating personal finance to … Continue reading Mr-Stingy.com
Many new advisors start out fresh from Financial Planning School with knowledge of the latest investment theories and insurance calculations. We know our graphs and how it enhances people's personal finance. So why is it so difficult to impart financial knowledge? Rationally, we know money is important in this world where having more money means … Continue reading Why Is It So Difficult to Impart Financial Knowledge?
"You know stock trading is a form of gambling and speculation, right?" "No it isn't! We study the P/E ratio, NTA ratio, cashflow, blah, blah, blah, how can you say it's speculation?" "Well, do you do diversification? Do you buy across industries and sectors? How about geography? What if company specific risk hit like director … Continue reading Stock Trading is a form of Speculation? Heavens no!
To give an example of what I discussed in the previous post, see follows: The annualising Excel Formula I'm using is INTRATE( ). However to get to the result above, we need to do some work and start some data collection discipline. Normally from Bursa's statements, we can extract our list of stock holdings as … Continue reading How to get more clarity in our stock investments – example
Recently I spoke to a young chap about his financial investments. He shared with me how he plan to invest in the stock market. Being of a young age, I applaud his plan to start growing his money early in his life. There are indeed unavoidable things we need to take care of to bring … Continue reading How to get more clarity in our stock investments
In my last blog we talked about the two most important financial percentages which guide us in making financial decisions.This blog will discuss some practical applications and also to highlight some considerations when making those decisions.I have received a call from my XXX bank officer offering me a 5% personal loan. Should I take it … Continue reading The two most important financial percentages – examples
There are 2 financial percentages everyone should learn about. One of them is "Interest Rate" and the other is "Return on Investment (ROI)". Both are usually given in percentages e.g. 1.5%, 4%, 12%, etc. However, most people do not know what these % means and how it is calculated. "Interest Rate" is referring to the … Continue reading The two most important financial percentages