Life

Money & Travel

Should I Buy 16 Exxon Mobils, or a Lump of Gold?

Everyone’s caught up in the gold bug these days. They see the meteoric rise in gold (check out the chart below) and their palms get all sweaty, they start breathing heavily, and they yell “GOTTA HAVE THAT AWESOME SHINY STUFF, AHHHHHHHH!!” Gold has risen a whopping 500% since 2000, especially during the last couple of […]

Money & Travel

Be Choosy About Choosing

Today’s TED Thursday talk (woah, talk about mega alliteration – yay literary devices!) is about choosing. Or more precisely, how to be choosy about choosing. Sheena Iyengar raised an interesting point about how having more choices may not actually help you, but cause you to give up altogether. Last week, I was trying to figure

Money & Travel

It’s Not Always What You See

Came across this picture on Facebook today and loved it.Β The first of theΒ 19 things your suburban millionaire neighbor won’t tell you:Β Over the long run, you’re better off if you strive to be anonymously rich rather than deceptively poor. Think that fancyass dude with the flashy sports cars, the country club memberships, and the expensive clothes

Money & Travel

Car (That Costs A) Bomb

I’m just gonna say it publicly – I think our public transportation system is awesome. Okay – I can almost hear the chorus of angry, dissatisfied Singaporean voices rising up to rebuke me: But they JUST raised the taxi fares! And the MRT is totally packed with foreigners/immigrants/maids/peasants/smelly people in general! And the Circle Line

Money & Travel

Some Good Investment Research… and Terrible Advice

I didn’t want to blog about investing till much later, but the Straits Times had an interesting article yesterday titled Stocks v Property. It deals with the issue of “Where the hell should I put my money?!” when it comes to investments. Everyone talks about investments, like:Β “yeaaahhhh I should really save up for a house…

Money & Travel

How to To Save Free Money

Happy Chinese New Year! It’s that time of the year when the malls play annoying “dong-dong-dong-dong-chiaaanngggg” music, when Singapore gets a 2-day holiday (and China gets like 14), and we get to stuff our faces with pineapple tarts and abalone and those awesome prawn rolls. Oh, and single people get to receive some FREE cash

Money & Travel

Expose Your Expenses

Ever found yourself at the end of the month, checking your bank balance, and going “WHERE THE HELL DID ALL MY MONEY GO???!!” No, seriously. It’s happened to me. After some careful research, I’ve found that there are two explanations for this phenomenon: 1) You donated all your money to a “Nigerian prince”, or 2)

Money & Travel

The Big Play Account

I used to joke that I should create a charity called the “Buy Lionel a Porsche Fund” and I’d pester people to donate to ‘a worthwhile cause’ (hey, it’s worthwhile to me). Even though it’s pretty unlikely you could get people to donate to your charity, there’s nothing to stop you from donating to it.

Money & Travel

The Guilt-Free Spending Account

So far, I’ve blogged a couple of posts about saving, and how you can completely automate it. However, in a seemingly about-face in my philosophy of prudent saving, my previous post was about spending extravagantly on the things you love. My friend Paul told me that it might be a tad confusing for everyone, so

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