Thursday, April 30, 2015


Hi peeps

Ken is hunting , hunting for what ah? Food? Money? Drinks? Friends? NONE of the above except maybe new friends , i'm looking for fellow bloggers, or readers that have friends that are financially-savvy of various ages , it's good for me to make more friends eh?

Email me!  At , let's meet up for a cuppa or two , or a glass or two , whichever you might prefer!


1) Financially savvy (No need large portfolio one, wahahahaha , don't worry la , i won't eat ppl up one)
2)Willing to la kopi one


Ps. stay tuned for part 2 of the most recent post on Fin-Lit knowledge in Singapore

Picx from google.

Wednesday, April 29, 2015

Financial Literacy Knowledge in Singapore. (Part 1)

Hi peeps , ah boy is back with a bone to pick .... kidding la , i had my fill of bah kut teh liao (although hor on a side note, i'm still searching for a BKT that agrees totally with my palate....)

The purpose of this post is to express some of my own points , the stuff below , please take it with a pinch of salt ah , don't take it to heart ah , in case i offend any of y'all , apologies in advance.

See ,  quite a while back , very long ago actually ( the reason i chose to bring this out now is due to the similarity in the issue on hand) , be4 this article came out that Singapore's Fin-Lit(Financial Literacy) level has experienced the largest decline in APAC , the article can be found here .

I asked a fellow blogger , a more experienced and wiser one , Uncle Rich from InvestOpenly to do a small piece on his take of Singapore's Fin-Lit state. Read the piece below and ah boy shall continue with my story.

Ps. The piece written by Uncle Rich is uncensored and uncut ah , so don't say i add salt add vinegar ah!

The Financial Literacy State In Singapore Now – My two cents worth

Hi there, my name is Richard Ng, owner of Invest Openly ( blog, the reason why you see my post here is because I am honored to be invited by Ken (I call him Ah Boy, so you can roughly guess how old am I ;-)) to write a guest post here. Not only that, he has given me a very serious topic to consider i.e. The Financial Literacy state In Singapore.

Personally, I view that the financial literacy progress in Singapore is on the right track i.e. there are more and more retail investors (especially those younger one like Ken) are hunting for more financial knowledge/skills through related workshops, seminars or self-study (online and offline).

Some key observation that made me feel this way:
  1. The advertisements for personal finance related free and paid seminars/courses (especially those related investment vehicles like stocks, forex, real estate and commodities) are on the rise.
  2. Local bourse (SGX) is doing their part and trying hard to encourage more small retail investors join in  the equities bandwagon by fine-tuning the rules (the most recently one is reducing the lot size from 1,000 to 100 shares with effect from 19/01/2015) and arranging more educational programs for the public.
Having said that, financial literacy is more of the educational or knowledge part and it does not guarantee 100% success rate in whatever you are good in. Just like the formal education, even if you scores straight As for all the subject, it doesn’t guarantee that you will get a dream job that you are looking for.  

Of course, this is only my personal view. What’s your view about the financial literacy state in Singapore?


Ok , this is the end of part one , ah boy shall continue my nagging in part 2 , stay tuned for a bit.

Ah Boy

Pic from google. Article link from asiaone.

Silver & Gold Flash Sale?

Sorry ah , i've not been blogging for about 2 weeks minimum as stuff happened (shall not elaborate too much as it is water under the bridge.)

So , i was toying with idea of a special flash sale whereby silver prices are lower than the usually low ones that i offer to my friends and clients... sounds good hor , but i still need to iron things out. 

Though , there is some good news to this though , i'm planning a small sale of small gold bars as there is a hindu festival coming soon. Friends who have friends who wanna get them , you know where to find me, facebook pm me or email me , email address is below!    :)

Ah Boy

Tuesday, April 7, 2015

What doesn't knock you down , makes you stronger.

This post is dedicated to 2 valued friends of mine (y'all know who you're)  and also as a sort of a reflection for some of my younger readers :)

Ah Boy knows that stuff doesn't always go smoothly as planned , bumps along the way happen. When that happens what choice do you and all of us have but to suck it up and move on?  When you look back from where you almost fell , and see how far you have climbed , remember the drive and the effort you took to get where you're and pause, pick up the pieces and continue the climb. Remember that for ever one person out there that is waiting for you to fail , a hundred others are waiting for you to excel and inspire them to do the same , so help yourself and help them , in turn by taking some alone time and sort out your thoughts and press on. The day when you know you've achieved something is when someone up on the street comes up to you and say thank you for helping them or their family etc etc in some way or another!

Ok , for the most of my readers , this should be the end of this post le . thanks for stopping by.

For this valued male friend , whom i respect , take care and contact ah boy when u are back in sg ah!

For this valued female friend of mine , i might not have known you for a long while, but idk fortunately or unfortunately , your path also happens to be like ah boy's even though you're older and wiser la , the road less travelled , but that ingenuity and that drive within you that sometimes you might fail to see is gonna kick thru someday :) So yea , soldier on and ah boy has a couple of things for you.

Firstly , a cheer you up picture of the cheer bear , i know you have a special connection to carebears so...

Secondly , you've won yourself a 1year supply of M&Ms hahahaha , claim the first pack from me tmr ba.

Lastly , don't forget , you've good friends and family around you (applies to the rest of my readers also la) .

Cheerio, till the next time
Ah Boy (Ken)

2 in 1 post , An evening with AK Part 2 & 3

OK! Way Way Overdue review of the evening i had the chance to spend in a room with  ASSI AK aka the russian gun on my blogger list that i frequent.
(This russian gun knows how to taiji one! read on for more eh)

Nuff said , let us begin proper. The event was nice , both evenings had different crowds , from all walks of life. I didn't attend part 1 , so the 1st evening is part 2 ah.

1st Evening (Part 2)
Crowd enthu , simi qns also shoot ,more seasoned investors, counters and issues discussed ranged from S Chips , REITs , Biz trusts , hospitality Trusts etc etc . SembCorp , Keppy la , erhem some o&g firms la.... (those who were there sure noted buying or selling interest increase the next trading day lor! ) Some of the Qns that AK felt could be better handled , he taiji to the panelists lor!

Some salient points from Part 2:
i) Know and determine what you're in a stock , reit , etc , alternative investment first 
ii)Time your investments, trades.
iii)DYODD , as emphasized numerous times by AK , don't follow the herd!
iv) AK's pyramid which i find is rather practical for some of my younger readers!
Uncle AK, sorry if your arms look deformed here ah , ah boy no photography skills la. 

So continuing with point 4 , this pyramid is made up of cash for the base , and holds the most value in AK's portfolio as it is a war chest , where he can go shopping in Mr Market's mama shop when a GFC hits (Example nia ah , dun later say ah boy say GFC coming soon , 不要害我! )

Then comes the income portion where it consists of assets that give out the milk they get frm milking the cows in their stables to the shareholders , 90% profits distribution type fall into income.

Then comes the growth stocks with DIVIDENDS (Income) . These counters retain some of their profits for future use.

Then comes growth whereby the thing in it for retail investors like ah boy is the capital appreciation thru the chiong-ing of the share prices la.

Lastly , ah boy's favorite , the CASINO!! SGX got casino one wor , somemore no need $100 for entry! Just pay minimum comms and the share price for u to start yr game! Do note , this section should not consist of aga aga more than 15%-20% of your portfolio , ah boy is quite liberal with this percentage as AK say typically this portion takes up less than or not more than his annual income via dividends which hor , for him last year was somewhere in the 100k range? Fierce hor , i know , but for the casino part , pay what u can lose , and know when to cut the losses. Why annual income via dividends for AK? Simple , so one year later , he is a 老汉again (erhem , i meant 好汉 , sorry for the typo :P )
**Do note , the risk level increases as the tiers start to become smaller in the pyramid ah!**

The panelists for the first session were more of the investing bunch , idk la , but that was what i felt from the vibe , also from the crowd. We had a nice mix of panelists , value investor sean seah , ser jing , rusmin. Ak has gathered the 武林高手 , young and younger leh.
Picx missing Sean Seah from Value Investing College.
See, AK's pose macam the 高手 when he is about to strike!
2nd Evening
Crowd was a general mix of younger working adults , at least i didn't stick out like a sore thumb la , or so i would like to think. This time around AK on the advice of a certain hr professional present during the first session did a mini-ice breaker to get to know the audience's demographic better. It turns out that most in the room had an average of 5 years or less of investing & trading experience(if i recall correctly). 

Some Points from Part 3:
i)When in doubt , NIBBLE , one lot or two lots la .... i poked ak about his nibbling size and his nibble is really a nibble! Plus now sgx lets u buy 100 shares ma , so test water , still ok la

ii)Macro/Micro ? Which type of a person are you? Which situations do you work best around? Etf - Macro? Specific Counters for Micro, when u can spill figures , numbers , facts , ratios around the back of your hand? At the end of the day ah boy feels that , once u find your style , you will know one , and you will auto change some stuff here and there along the way to your portfolio de.

iii)ANALYZE , your analysis need not be in depth , but it better well guide you into the direction that your style leads to , also REVISE , theories can be revised , good results can be better , losses can be minimised , profits can be greater. It's a learning process and enjoy this process.

iv)TIMING , don't become a long long long term investor from a trader.

Nice Picx stolen from Yune Ki :p

The panelists for this session was a mix , we had the zoo operator SMOL -Singapore Man Of Leisure who was half sick , but mentally very alert , Brian Halim of 3Fs - Forever Financial Freedom , a micro-analyst , i term his as such as he is able to hit out figures , ratios at the back of his mind , and i 佩服 him and Paul Chen from Value Investing College. These panelists were put on the hot seat , i assure you , i can see AK throwing knives at them lor , hahahaha , and all they could do was look and answer the questions. This mix did the trick for me as there was a lot of brain juice for me to absorb in AK's words ah "Go Pick Their Brains!!" 

Overall this type of chit chat session is good! Next time must ask AK to buy 50 curry puff from OCK le hehe , the next session is in MAY 2015 tentatively? Our 老汉 (erhem 好汉 needs a bit of rest) , the other plus point was the fact that the $ raised from the sale of ticx was going to charity!! Ah boy pay this one gladly though i still grumble about paypal's fees la hahahaha.

Till Next Time 

Ken (Ah Boy)