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In our education system, kids learn subjects like english, maths, science. What about financial education? Managing money is a daily routine that everybody does yet it seems like there isn't a subject or module for students to learn basic money management skills. Taken From Google Images Rafe Esquith, the author of the The New York Times Bestseller "Teach Like Your Hair's …
andrethongyongjie Posted by andrethongyongjie User Menu on February 18, 2010 at BEGINNING WITH FINANCE
This was quoted from one of the blogs and proposed by a man named Harry Browne. He calls it the Permanent Portfolio with certain recommendations as proposed below. The basic premise is to cover all possible scenarios in your porfolio: 25% of portfolio to protect against Inflation (eg. Gold) 25% of portfolio to protect against Deflation(Cash) 25% of portfolio to do well in a …
andrethongyongjie Posted by andrethongyongjie User Menu on February 23, 2011 at BEGINNING WITH FINANCE
Parabolic SAR - buy signal. Moving Average (20d) - no exact downtrend or uptrend. MACD - histogram is trending up, MACD line is above signal line. RSI - above 70%, getting stock is in the overbought region. Stochastics - also shows stock is in the overbought region.. This is not financial advice. Please consult a professional advisor.
andrethongyongjie Posted by andrethongyongjie User Menu on December 15, 2010 at BEGINNING WITH FINANCE
Speaking about retirement. In US, they have Social Security. In Singapore, we have CPF. Most Americans have no faith in Social Security, with young adults today believing there won’t be a …
andrethongyongjie Posted by andrethongyongjie User Menu on March 12, 2010 at BEGINNING WITH FINANCE
University. The epitome of achievement and the so called pinnacle of education in Singapore. It was always the wish of a parent to see their children go to university. When their children graduate from university, it always held the family up high. Ever since I entered university, to be honest, I stopped reading up on finance and barely even have time for my job outside. …
andrethongyongjie Posted by andrethongyongjie User Menu on November 25, 2011 at BEGINNING WITH FINANCE
As you all know, there is a lot of discussion on the US debt ceiling being raised. I think that many people are concerned with this issue because it affects the whole world. Investors are turning to invest in gold and it shows that probably a massive global economic depression is well on the way? The coming economic crash caused by world debt This is not financial advice. …
andrethongyongjie Posted by andrethongyongjie User Menu on August 11, 2011 at BEGINNING WITH FINANCE
A potential breakout like Osim? With the low volume, probably not yet. This is not financial advice. Please consult a professional advisor.
andrethongyongjie Posted by andrethongyongjie User Menu on January 25, 2011 at BEGINNING WITH FINANCE
I was talking to this friend of mine who recently talked to me about his insurance plans. He is a guy who is ahead of his peers in terms of planning his future. He got a savings plan from one of the major insurers in Singapore, saving about $200 a month. As a student with little income, $200 is quite a significant amount and naturally, he was curious to know the interest he …
andrethongyongjie Posted by andrethongyongjie User Menu on March 23, 2012 at BEGINNING WITH FINANCE
Motivation. It's something we all need in our lives. It is a driving force to move ahead in your life. Without motivation, many of us would not be able to accomplish tasks that we thought was not possible. And I feel that when you do anything, you need something to motivate yourself so that you would do it well. Without motivation is like not having a purpose or aim in mind. …
andrethongyongjie Posted by andrethongyongjie User Menu on October 15, 2011 at BEGINNING WITH FINANCE
Bearish movement for China Hongxing? Trend seems to be sideways and perhaps need to monitor more for a breakout. All indicators suggest a downtrend. I would monitor more before planning my exit. My entry level was 0.175 and plan to exit at 0.1575 (Cut loss at 10%) or 0.14 (Cut loss at 20%). About China Hongxing Established in 2000, China Hongxing Sports Limited (China …
andrethongyongjie Posted by andrethongyongjie User Menu on January 20, 2011 at BEGINNING WITH FINANCE
Sunday Times Article: Generation Debt in the Invest Section It says that the age group between 21 - 29 have the highest rate of loan default in the country, followed by the age group of 30 - 39. Financial experts feel that the young adults lack discipline and have poor financial knowledge. Some of the common defaults are credit cards, overdraft, mortgage and vehicle payments. …
andrethongyongjie Posted by andrethongyongjie User Menu on September 26, 2010 at BEGINNING WITH FINANCE
Hi, Which degree do you think I should do? My interest is in the field of banking and finance, preferably an investment banker dealing with M&A or a trader that specializes in engineering sector. I've got 3 plans in my mind. My 1st plan was to major in EEE at NTU with a minor and after I found a entry level bank job, I would start doing CFA/CAIA. The 2nd plan is to …
andrethongyongjie Posted by andrethongyongjie User Menu on March 6, 2011 at BEGINNING WITH FINANCE
2012 is perhaps not a good year for investing as quoted by many financial institutions. Economic growth is low in Singapore and inflation has hit about 5%. Equities seem like it is not looking good for 2012. And it could force investors to look for other ways to diversify or strengthen their assets. As we know, prices of bonds will rise as price of equities drop, basically, …
andrethongyongjie Posted by andrethongyongjie User Menu on January 9, 2012 at BEGINNING WITH FINANCE
I am almost getting my license as a financial adviser. I am expecting to start working as early as the end of this month. The last paper under MAS requirement that I have to take is Health Insurance, a 15 chapter textbook and 50 MCQs paper. Passing mark is 70%. It feels easy to pass but carelessness can cost you big time with so many answers being so similar. The next step …
andrethongyongjie Posted by andrethongyongjie User Menu on August 9, 2011 at BEGINNING WITH FINANCE
Well, other than worrying about my allowances in university, I decided to source for a part time job that I would be able to sustain due to my interest. The insurance industry would probably be the 2nd option in my mind because being a trader would be my ultimate goal in the future, if it ever happens. It's going to be a busy month in July for me. Basically, it is because I …
andrethongyongjie Posted by andrethongyongjie User Menu on June 30, 2011 at BEGINNING WITH FINANCE
NTU! I talked to many people about this matter, family and friends, people from the industry, lecturers, students currently in both courses. Choosing either one of the universities would present me a different result at the end of the day. Many tell me that it's foolish to give up the local university placing for a private university with no certainty that I would do well in …
andrethongyongjie Posted by andrethongyongjie User Menu on March 12, 2011 at BEGINNING WITH FINANCE
Criteria 2: The company must have good sustainable competitive dominance. From Wikipedia, sustainable competitive dominance is long term competitive advantage that is not easily surpassed by the competitors Image From Google Images Since there are so many industries out there, we can go through a few of the assets that will distinguish the good companies. To be dominant, …
andrethongyongjie Posted by andrethongyongjie User Menu on February 16, 2011 at BEGINNING WITH FINANCE
A gem in the making? This is not financial advice. Please consult a professional advisor.
andrethongyongjie Posted by andrethongyongjie User Menu on January 8, 2011 at BEGINNING WITH FINANCE
First analysis of a stock. Looking at their annual reports and financial ratios to see if it is good for a long term investment. It has the highest volume of stocks traded since closing. Genting Hong Kong, formerly known as Star Cruises Limited, is a leading global leisure, entertainment and hospitality enterprise, with core competences in both land and sea-based …
andrethongyongjie Posted by andrethongyongjie User Menu on September 29, 2010 at BEGINNING WITH FINANCE
I have a few friends that don't believe in insurance. A very good example is my roommate. He is in his early 20s, has a girlfriend and doesn't have any plans to get married or have kids. He feels that if his time is up, he will gladly resign to his fate. The key thing is, don't you worry about your 'wife' or girlfriend? He claims she will take care of herself. That's his …
andrethongyongjie Posted by andrethongyongjie User Menu on January 11, 2012 at BEGINNING WITH FINANCE

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