Antique Legos

  Just realized my brother and mum are preserving my old Lego sets.

They’re worth a lot of money!

Some of the smaller sets have been sold with surprisingly high demand!

Here’s my famous pirate set.

A New Big Purchase Incoming

  Praying this is well worth it.

Transitioning to EV!

Here’s a teaser!

Fun Second Property Thought

  Here’s a simplified table summarizing your second property investment strategy in Singapore:

🏠 Second Residential Property Investment Summary (S$700K Property)

Category	Details
Purchase Price	S$700,000
Loan (45%)	S$315,000
Cash/CPF Needed (55%)	S$385,000
ABSD (20%)	S$140,000
BSD (~2.2%)	S$15,600
Total Initial Outlay	S$540,600 (cash + CPF + duties)

💰 Rental Income & Returns

Metric	Amount (S$)
Monthly Rent	2,500
Annual Gross Rent	30,000
Est. Annual Costs	~10,000 (taxes, agent, maintenance)
Net Rental Income	20,000/year
Net Rental Yield	~3.7% on total outlay

🧮 Break-Even & Outlook

Factor	Estimate
Capital gain needed to offset ABSD	S$140,000 → ~20% price gain
Break-even price (to recover ABSD)	S$840,000
Time to reach (at 3% growth/year)	~7–10 years

✅ Pros vs ❌ Cons

Pros	Cons
Stable passive income (S$20K/year)	Huge ABSD upfront (S$140K lost to tax)
Long-term asset appreciation	Limited LTV (low leverage = lower ROI)
Singapore property stability	Better returns may exist in REITs or commercial property

One More Windfall

 Wow.

What can I say.

I thought this was already a good thing coming and was expecting a small nice little add-on ‘bonus’ from the company.

Didn’t expect it to be so much.

This is great and I can add it to my retirement goal amount.

Hopefully I get there sooner rather than later!

Definitely feels great and thankful.

Now thinking of where to park all of that and hopefully not gamble it away senselessly ;P

Perth For Retirement

  Is Perth a good place for retirement?

IMHO it is great at least six months of the year, autumn and winter time.

Temperature is 10-20°C which is VERY NOICE.

So it’s about whether I’ve got a nice place to stay while I’m here.

Buying a property incurs large sums and many say it is a waste of if I don’t rent it out and collect rent to pay for my taxes and other miscellaneous upkeep costs.

Renting might be an option.

Hmm.

Also I think the AUD is waaaaaaay undervalued against the SGD. Right now at 1 AUD buys only 0.83 SGD. So everything I spend here is at an almost 20% discount. Yummy!

Slowly becoming a fan of Australia as a potential home away from home.

Trump-Musk Feud

 This is gold.

Get your popcorn out people!

Here is a comprehensive timeline of the escalating feud between Elon Musk and Donald Trump, beginning on June 3, 2025, and continuing through June 6, 2025:

🧨 

Trump-Musk Feud: Full Timeline (June 3–6, 2025)

📅 

June 3, 2025

• Musk Denounces Trump’s Spending Bill
  Elon Musk lashes out at President Trump’s new “Big Beautiful Bill,” a sweeping tax-and-spending package. Musk calls the bill a “disgusting abomination” and says he was not consulted, contradicting Trump’s earlier claims.
  📎 Source

📅 

June 4, 2025

• Trump Retaliates Against Musk
  Trump threatens to revoke federal contracts and subsidies for Musk’s companies, including SpaceX and Tesla, in response to the criticism.
  📎 Source

📅 

June 5, 2025

• Musk Accuses Trump of Epstein Ties
  Musk claims that Trump’s name is in the unreleased Jeffrey Epstein files, suggesting that’s why they remain classified.
  📎 Source
• Musk Supports Impeachment
  Musk publicly endorses a Truth Social post calling for Trump’s impeachment and removal from office.
  📎 Source
• Massive Tesla Stock Crash
  Tesla stock drops 14%, wiping out $150 billion in market value, as investors grow uneasy over the feud.
  📎 Source
• Musk Threatens Political Realignment
  Musk hints at forming a centrist political party and reducing political donations, signaling a major break from Republican politics.
  📎 Source
• GOP Lawmakers Rally Behind Trump
  Republican leaders distance themselves from Musk and reaffirm their support for President Trump.
  📎 Source

📅 

June 6, 2025

• Feud Intensifies on Social Media
  Trump and Musk continue trading insults on Truth Social and X, criticizing each other’s policies and character.
  📎 Source
• Tesla Stock Falls Further
  The market rout continues: Tesla shares drop another 8%, adding to investor anxiety.
  📎 Source
• Investor and Political Fallout Grows
  Market analysts warn that the feud may affect policy decisions in energy, tech, and space sectors. Wall Street becomes increasingly cautious about Musk-led firms amid regulatory threats.

🧾 Summary

• The feud has moved from policy disagreement to personal attacks and economic consequences.
• Musk is now openly opposing Trump politically, while Trump is threatening the financial lifelines of Musk’s businesses.
• With GOP support behind Trump and Tesla’s market value plunging, Musk’s influence in conservative politics may be waning — unless he pivots into a new political movement 

How Do You Rationalize Trump?

 How do you rationalize Trump?

How do you hate a guy so much yet his antics are finally becoming a little more predictable and you are making truckloads of money off the stock markets because of him?

To a point where you feel bad for not pouring EVEN MORE money to make even more money?

Does that even make sense? 

Feeling conflicted.

Another Windfall

 Got another small windfall last month.

Mini yay!

The first thing I did was dump a small little part of it into our end of year family holiday flight tickets hahahahahaha.

Now to save or invest the rest of it.

One key chalk I’ve also recently completed, and very proud of it, is to accumulate a LARGE chunk of AUD foothold. As I’ve written before, I strongly believe the AUDSGD rate at current 0.84 is very undervalued and at some point in the future we should go back to parity. I hope this pays off.

My next big chalk is to accumulate Bitcoin. This is in progress.

Now what else should I do with my windfall?

Hmmm…

Singapore General Elections 2025

 So the PAP won by quite the landslide again. Nothing much has changed from the 2020 outcome. 

1. ⁠Singaporeans are tired of rubbish opposition. Singaporeans look for quality candidates, this applies to PAP candidates too see point (7)

2. ⁠WP is establishing serious GRC strongholds (Aljunied and SK are not even close fights anymore).

3. ⁠Tampines and Andre Low getting NCMP = 12 quality opposition voices in parliament.

4. ⁠Punggol and East Coast WP teams good fight and if they stay on, will dig roots no matter any gerrymandering claims.

5. ⁠This new term we should look forward to see if WP can go from strength to strength to attract even more candidates to challenge in more parts of the island in 2030.

6. ⁠Also all eyes on new PAP candidates with more scrutiny than ever whether they are up to the mark

7. ⁠Most importantly, NCM vs Andre Low showed that incompetence vs quality new comer can really be a close fight!

8. ⁠All winning candidates this term will definitely be judged with even more scrutiny than ever in our history, in 5 years time

Majulah Singapore!

My Kids Keep Me Honest About My Finances

 Having a lot of deeper conversations with my kids recently especially about them growing up, what they should study, what they should aspire to work as, what their life goals are.

Yet the way I see it, it is their curiosity towards how I have succeeded in my career and my own learnings and mistakes, that help keep myself honest about my finances.

I want to earn more money to live up to their expectations of how rich I am.

I want to invest well enough so I have something to leave for them, and gift to them.

I want to invest in enough stocks so I can talk to them about what they will ultimately inherit from me.

I want to earn so much money that I have the liberty to pay for their school fees, even when they qualify for overseas schooling.

I want to earn so much money that I can realistically walk them through large investments I make and they get to experience these processes first hand through me.

I want to earn so much money that I can gift them investment accounts that they can invest themselves and see the pitfalls themselves.

I want to lose less money so I do not feel the aches of losing money that could’ve gone towards my goals for them stated above.

I want to lose less money so I do not label myself a compulsive gambler.

These are the things that keep me honest with my finances and investments.

I really want to do and be better for them both.