STI rebounded after quake and my Money principles

I wonder where's the next resistance point. Just realised my portfolio is kinda weak. It's really peanuts compared to some other fin bloggers. Amidst the uncertainty, I divested some money into bond (F&N) which is supposed to be giving a more stable but lower yield as compared to stocks. I was looking into buying more of the fund in future.

Missed the opportunity to buy in more BakerT at 0.30 (support level) during the Japan earthquake stock plunge. Now it has risen back to 0.43c. Oh well....

It's year end once again and I have received many annual reports from my invested companies. Really too long to read!

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My SIMPLE $ principles

~ Simple lifestyle - don't indulge and become a brand slave

~ Invest regularly - try cos you can earn (on gains) or learn (from losses)

~ Minimal loans - don't be trap in debt cycle

~ Pay yourself first - by saving up a portion of your pay monthly

~ Look out for deals - spend smartly

~ Exercise due diligence - if you don't understand, don't invest!

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Reflections for year 2024

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The best credit card for my house reno & prep

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Shit happens and I lost my low-hanging fruits

My SAYE account has just hit its 25th month anniversary which is also the "month of maturity". Anticipating to get the 3.5% bonus interest for all these months of saving, I was shocked to see only $17+ cash gift credited as opposed to a few hundred dollars. I was about to send a message to query the bank what caused this interest plummet versus what I got in the 13th month when I came across a debit transaction in my account history (GASP!). To my oblivion and horror, I have accidentally selected my SAYE account to transfer $50 to a joint account to foot some bill in one of the months last year. Here's the terms and conditions for those who are not familiar with the SAYE account of POSB. "To receive the additional 3.5% p.a. Cash Gift Interest, ensure that you do not make any withdrawal from your POSB SAYE account." "If a withdrawal is made in the month, this will result in the previously accumulated additional 3.5% p.a. interest to be forfeited." Damn....

Rainbow on FI

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