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1M50 CPF millionaire in 2021!

Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...

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Buffett's secrets from Baltimore County Public Library.

Tuesday, October 22, 2013

I just received a parcel. It contains a hard cover copy of "Buffettology" from Baltimore County Public Library!


The library received the book in November 1997. Wow! Imagine that. I was only 26 years old in 1997.

This book is 16 years old! It was sitting in a public library in the USA and now it is mine. I get a strange, fuzzy feeling thinking about it.

It also gives me satisfaction to know that this purchase from BetterWorldBooks helped to fund literacy for the less privileged.

Some stuff in the book.

New material for bedtime reading.

Related post:
Good deal on Buffettology.

Emergency Fund: How much is enough?

Monday, October 21, 2013

I want to thank a former guest blogger, Winston Koh, for showing me a video clip by the famous Suze Orman on the topic of "Emergency Fund".



In case we lose our jobs, it could take us a much longer time to get a new job if Singapore goes into a severe recession. Think GFC. Think AFC.

We would need an emergency fund to tide us over and we do not want to be in a situation where we might have to liquidate our investments at depressed prices. The cost of holding an emergency fund is well worth it. There is no question about this.

Related posts:
1. Why a meaningful emergency fund is important?
2. Nobody cares more about our money than we do.
3. Don't see money, won't spend money.


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