Save to Become Rich Millennial

3 days ago JCprojectfreedom 0
Many millennial lack the financial planning know-how and indulge in self-gratification, funding their hobbies instead of saving for retirement. Young working adults are spending on overseas travel, latest gadgets, fashion and luxurious accessories. Many are facing an uncontrollable debt at an earlier age. Instead of shoring up savings, some millennial are drawing down from their Read More

Time to Hold Cash?

1 week ago JCprojectfreedom 0
SHILLER PE RATIO Shiller PE ratio is defined as average inflation-adjusted earnings from previous 10 years known as Cyclically Adjusted PE ratio. The above image is Shiller PE Ratio for S&P 500. It can be seen in 1930 when the market crashed which was known as Black Tuesday the Shiller PE ratio was around 30. Read More

May Expenses 2019

2 weeks ago JCprojectfreedom 0
In May 2019, the total expenses rack up to S$11.4k. There are a few exceptional items such as Maid Expenses, Education and Travel. Maid Expenses consist of 3 months of salary and maid agency fees. Travel expense consist of only hotel cost which is one off cost. Education expense has some exceptional cost. Read More

Cashflow Mastery Program

2 weeks ago JCprojectfreedom 0
I attended CALM’s flagship investment strategy Cashflow Mastery Program between 27th-28th June 2019. I want to share what I have learnt from the program. Why should we invest? The za chai fan or economy mixed vegetable rice in hawker center has increased the price from S$2.50 (2 choice of vegetables and 1 meat) to S$3. Read More

Semi Self Employment update 29/06/2019

3 weeks ago JCprojectfreedom 0
I realized the cold hard truth of my journey of semi self-employment is my boss treats me not as a partner but just as an employee. At 4 am, I am blogging this to help myself remember this painful experience. Day in day out, he is grilling me for the next project which is psychologically Read More

10 Tips to Start Business without Money

4 weeks ago JCprojectfreedom 0
We always hear our friends mention,” Starting a business requires a lot money and where to get the funds?” In my previous posts, I have mentioned that we need to have multiple sources of income, we need to increase our income in order to have surplus to invest for our retirement. We always complain our Read More

A Brief Look at Giordano

1 month ago JCprojectfreedom 0
It has being very busy for me during the last month trying to look for new business on a daily basis. Sometimes I don’t even know the reason why I am busy. I try to spend this late Friday night to monitor a familiar garment company Giordano. Due to the trade war, my investment has Read More

Things I learnt from The Alchemist

1 month ago JCprojectfreedom 0
“The problem is that they don’t even realize that they’re walking a new road every day. They don’t even see that the fields are new and the seasons change. All they think about is food and water.” This paragraph refers to the boy bringing his sheep around, always looking for a new road to travel. Read More

Half Year 2019 Financial Update

2 months ago JCprojectfreedom 0
Dividend Income and Property Management Income update For the 1st Half of 2019, we received SGD 25,342 as Dividend Income as compared to 1st Half of 2018, SGD 43,238 as Dividend Income of which SGD 20,000 is Special Dividend. Less the Special Dividend, the Dividend Income is comparable to last year. However, we saw slight Read More

A Mid-year Personal Finance Review

2 months ago JCprojectfreedom 0
We will usually do a medical health check up once a year to see how’s our body coping. Applying the same health check up concept to your financial health, it is imperative to do a regular Financial Check up to see whether we are on track to achieve our financial goals. It is already 1st Read More