Net Worth Updates – 2019 Net worth updates September, 2019 – $1.196m (+0.4%) Hi all. Welcome to New Academy of Finance first portfolio and net worth report! This is where we look to provide transparency in terms of our financial well-being. To be honest, its a little scary disclosing to the world what my household … Read more
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Disney is a household name that is loved by millions of kids and adults alike all over the world. The company is in the business of manufacturing FUN. Yes, Disney is undoubtedly one of the largest entertainment companies in the world today. However, Disney’s history is not without its failure. Prior to 2005, Disney’s stock … Read more
So you want to invest like Warren Buffett? Maybe his current stocks holdings might give you the inspiration. Generations of investors have tried to emulate the “Oracle of Omaha” and it is not surprising why. Since buying his first stock at the ripe old age of 11, Warren Buffett has since invested his way to … Read more
Is McDonald a good investment now? To answer that question, I look to evaluate the company based on Warren Buffett’s methodology as described in the best-selling book Buffettology which some of you might be familiar with. This will be the first of many stocks that will be evaluated using Buffett’s methodology of stock investing using … Read more
The S&P 500 current level of 2998 is just a shade below its all-time high of 3026. While US recessionary fears have always been on the horizon, the market’s price actions seem to be ignoring the deteriorating fundamentals of the economy. Is stagflation going to be the last straw that breaks the camel’s back? Stagflation? … Read more
According to the latest 2018 data taken from the Ministry of Manpower, a worker age between 25-29 generates a median income of c.SGD3,861 here in Singapore. This includes his/her own and employer’s CPF contribution. His/Her take home pay will be closer to SGD2,750. We have previously written an article on Average Singaporean Median Income which … Read more
Summary Straco is a tourism-related play that generates a ton of operational cash flow Not without its challenges as storm clouds remain in the horizon Attractive valuation but lacks short-term re-rating catalyst Wheeling in a Fortune? That was likely the original intention of the owner of the Singapore Flyer when they constructed the SGD240m Singapore … Read more
In Singapore, about 80% of the population resides in HDB, the building block for affordable home ownership, often lauded by the government. Well we are not going into the discussion of whether you TRULY own a HDB even after full-repayment of your HDB loan (Yes, this might sound weird to foreigners who are unfamiliar with … Read more
Are you generating the median income here in sunny Singapore? But first let’s take a look at how our wealth stacks up vs. the world. Using data from the Credit Suisse Global Wealth Report 2018, Switzerland ranks top as the nation with the largest average wealth per adult. Australia and USA take second and third … Read more
In 2019, one of my new year resolutions was to get in shape and lose some fats. I hardly exercised at all in 2018 and felt really guilty about it. My goal was a simple 15 minutes work-out everyday but even that seems like a herculean task to me. I wasn’t motivated and my guilt … Read more
Howdy. Welcome to New Academy of Finance. This is our maiden post and frankly its a bit of my own personal self-reflection post. Well I have been procrastinating in starting my own personal site and blog for a long time – no time, family commitments, job security… yada yada, the common excuses I gave myself … Read more