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Showing posts from April, 2014

Accumulate $100,000 By 30 Years Old?

Today I came across this article regarding accumulating $100,000 by 30 years old, by the way the original article is from Straits Times, you can find it here. Of course it's possible but it doesn't apply to everyone, I hope people don't go ahead and think that it's a benchmark, there are too many variables to consider.

Let's look at the numbers:
1. Accumulate $100,000 by 30 years old.
2. Start work at 25 years old.
2. Earn $3050 per month as starting salary.
3. Get 4.5% increment per year.
4. Get 3 months bonus per year.

The article also says if you save 20% of your take-home pay and depending on whether you invest or not, you can accumulate between $49,000 to $53,700 by 30 years old. But in order to achieve or cross $100,000, you have to save at least 50% of your take-home pay, and the article also mentioned the following which is very important:

"With some effort, young people can achieve this, especially if they do not have heavy commitments such as study l…

Flo Rida - Whistle [Official Video]

Sheng Siong Closed at $0.63

Hmm, not bad, in the green as expected, now I wonder how long will the rally last, but it's still quite surprising because STI closed at 24.86 points lower. Next is Lippo malls, I think after their results announcement in May, their share price will surge because they are making a profit, I haven't seen their results yet but I am very confident because Indonesia has a huge and growing economy, let's see.

Спортивный Киев ( Street Workout In Russia and Ukraine )

Posh violinist Lettice Rowbotham gives the Judges something new | Britai...

OneRepublic - Counting Stars

Bedok Reservoir Sheng Siong Business So Good

Just now I went to there so many people, I think because of the lucky draw, anyway their profit for first quarter of 2014 went up 11.5% compared to the same quarter last year, not bad, that 11.5% is about $4.6M. And with their latest results, their share price also climbed up to $0.62 from $0.595, also not bad, I think next few weeks will go higher, too bad I didn't buy more, sigh, have to set aside money for my renovation and furnishing, I was worried if I buy I might get stuck for a while, but well, nobody can predict the future ;)

But from what it looks now after their recent general meeting, the price will move up next week, it's being hyped by the share buyback potential, it's 11.5% profit growth and also the lucky draw is back, furthermore they have plenty of spare cash, they can afford to buyback shares, I think it's very possible they will buyback from the market because from now until 2017 (Junction 9), they don't seem to have any other expansion plan, but…

Resale Purchase Approved!

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Ok, the transaction is mostly set now, all I need to do is wait for the hardcopy approval to be sent to me by post and then appear on the 26 of May to settle whatever paperwork that needs to be signed and collect the keys!

Sigh, Wife's PR Still Pending

Today I checked again and it's still pending, it's already more than 6 months and I wonder how long more do we have to wait, I read in forums some people waited for 7 or 9 months! But I think ICA guys are really busy, so many foreigners so many applications of course they will take forever to process. I also read somewhere that they receive a few hundred thousand PR applications a year! I wonder they manage, do they have a team of people going through each application one by one?

I really hope one day I get to work on their system so I know how they process PR applications. Actually if they have a list of criteria, why not just use a software to run through every application, wouldn't it save time? Sigh, I can only guess, sometimes I feel that ICA is like a secret organization, everything so secretive, why be so afraid of people manipulating the system when ultimately they are the authority and they can reject an application if they find it to be manipulating the system?

Qiito is An Adult Website?!?

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Well, I consider the founder of Qiito my very good friend, even though our relationship was brief but I learned a lot from him, things that you probably cannot find in school textbooks, he also pointed me to the right direction in terms of career path and investment, and I actually made money from my CPF investment thanks to him, and I'm glad that he is doing well now, he deserves it.

And since my discovery of SimilarWeb yesterday, I have been throwing in addresses of different websites to see their ranking, of course I tried Qiito and to my horror, it is categorized as an adult website i.e. PORN SITE, what the hell.



I have been to Qiito a few times so I know it's definitely not an adult site, it is obviously a travel-related site, but luckily SimilarWeb allows visitors to suggest a different category so I did my part and suggested "TRAVEL", I hope they will pick it up soon and change the category accordingly.

And I hope my post can bring more traffic to Qiito, well,…

Alternative to Alexa

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Today while surfing the net, I came across this new web ranking website named SimilarWeb, it looks better than Alexa, let's see how my blog ranks.


It's pretty close to what Alexa ranked me, at 3,729,259, but it does better by showing my
Singapore ranking, Alexa don't show my Singapore ranking probably because they don't have enough data. And even though both are estimates, I think it's always good to have more than one perspective.

Starhub Fibre Outage!

Just now from about 7.45pm to 9.30pm, the internet link seems to be down, I thought my home gateway is faulty again but it's not, the lights are blinking green and looks normal, I tried to call the technical line but unable to get through, I think we are not the only one affected because my mother tried calling 1634 (no idea what it's for) and the lady on the line says the technical line is experiencing heavy call volume, so I think my guess is correct, something went wrong somewhere and they got bombarded with calls.

And luckily it's working now, hahaha, they solve the problem very fast, that's why I like Starhub.

2-Room Resale HDB Flat Prices from Apr 2013 to Apr 2014

I compiled a list of the 2-room prices since last year, hope somebody will find it useful. Take note that the Remaining lease is as at year 2014.

Block Street Storey sqm Lease Start Remaining Lease Resale Price Resale Date Price/sqm 112 Ho Ching Rd01 to 0557197055$230,000.00 May-13$4,035.09 191 Boon Lay Dr01 to 0548197863$230,000.00 Jun-13$4,791.67 990A Jurong West St 9306 to 1056200893$280,000.00