Semi Self-Employment

3 months ago JCprojectfreedom 0
I started my role as a ship broker on 2nd January 2019. There is a base salary of SGD 2,500/month. Less CPF, I will be drawing SGD 1997/month. This is my first pay when I was 25 years old in 2007. The base salary is just for survival and I will rely mainly on commission Read More

2018 Review

4 months ago JCprojectfreedom 0
What a year! It is so different from 2017 when everyone is trying to mention on their blogs they have returns of more than 20% beating the indexes. Fast forward to this year, most are complaining about the volatility. Looking back at my records, at the start of this year, I was holding on to Read More

November 2018 Expenses

4 months ago JCprojectfreedom 0
Recently, I have scarcity mindset. I will try to scrutinize on expenses and try to look at different area where we can try to save on. I tried to review November expenses and break them down into different categories. I want to look at which are the necessary expenses and the “wants”. I have a Read More

Road Ahead

4 months ago JCprojectfreedom 0
For the last few weeks since I was retrenched on 26th November, I was busy spending time in the library studying the various CMFAS papers M8A, M9, M9A and HI. I passed M9 and HI insurances today in one shot! I saw two familiar faces in the library. I met them when I was jobless Read More

Double Whammy

4 months ago JCprojectfreedom 0
I was fired on 26th November 2018. On 6th December 2018, my wife told me that her company will shift her functions to offshore. This move will be completed by mid of 2019. She can choose to move to Hong Kong to continue her role but there will be disadvantages.If she does not continue her role Read More

ETF and Unit Trusts

5 months ago JCprojectfreedom 0
Introduction to ETF An Exchange Traded Fund is an investment fund that is listed and traded on stock exchange. Let us understand what is the mechanism between an Exchange Traded Fund. The creation of ETF occurs when the Participating Dealer buys securities from the market and gives them to the Fund Manager in exchange for Read More

History is repeating itself

5 months ago JCprojectfreedom 0
Today mark the last day of my work in my company. Last Friday, I had negotiated a commercial deal with my client. Today my managing director asked us to run through the costing spreadsheet and amended the deal to mobilisation and demobilisation of vessel in Batam at USD XX k, Standby Alongside Rate in Singapore Read More

Challenging week for family

5 months ago JCprojectfreedom 0
This whole week was terrible for the entire family as my son had fever for more than 5 days after seeing the pediatrician. We brought him to see his usual pediatrician and he was diagnosed with H1N1 virus or Influenza Type A. He was to be admitted to Thomson Medical Center on Monday evening so Read More

REIT selection and valuation

5 months ago JCprojectfreedom 1
How can you select a REIT? From a top down approach, analyse and decide which country, sector and real estate asset class you would like to invest in based on the macro environmental conditions and your risk profile and time horizon. Consider the risks associated with REIT and whether it is in line with your Read More

Factors in selection of REITs

5 months ago JCprojectfreedom 2
There are many factors to consider when investing in REITs. 1 – REITs that receive income support Some REITs are sponsored by a property developer. After developing the property, the developer injects this asset into the REIT. The developer may provide income support for the first few years to compensate for the shortfall in rental Read More
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