One of my life goals that I’ve listed in my life list in 2009 was to obtain a class 2B motorcycle licence. That list was written in April of 2009, more than 2 years plus ago. It is timely to revisit that list as there has been some changes to it since I last wrote it.

I started my new journey to challenge myself by registering for the class 2B motorcycle licence at one of the training centres in Singapore. The road will be long and challenging as one needs to clear quite a number of theory lessons even before one can book the practical lessons to get hands-on training with the motorcycle.

Continue reading →

_{»crosslinked«}

One of the things I’ve learnt in my journey towards financial freedom is to be more proactive and do something instead of lying around waiting for things to happen. In life, we will be faced with many decisions on a day-to-day basis. Some decisions are relatively easy, e.g. what to eat for breakfast, what to wear to work.

Other decisions are harder, e.g. should I cut loss on my paper losses or hold on to a stock? Should I set my asset allocation at 50% equities to 50% cash or 70% equities to 30% cash or 100% cash and 0% equities.

Being paralysed and afraid of making a decision sometimes inhibits our growth as a person because we do not want to accept the consequences of our own decisions.

Continue reading →

I am a science-fiction fan and one of the better sci-fi drama series I have watched in recent times was “Battlestar Galatica” the re-imagined series. If you follow that drama series you would be familiar with their tagline:

The Cylons Were Created by Man.
They Rebelled.
They Evolved.
They Look and Feel Human.
Some are programmed to think they are Human.
There are many copies.
And they have a Plan

Continue reading →

The more little white hairs start to show up on my head, the more I realise that time truly waits for no-one. I was reminded of that again last week when I went for an early morning job. As I was doing my pre-run stretching exercises, I overstretched my left hamstring muscle. I managed to complete the short 3km run but realised afterwards that my left hamstring and butt part started to hurt. My body at 40 is not my body at 20 or even 30.

This post is more philosophical and takes a step back from the focus on financial freedom. It really aims to put into context why I want to achieve financial freedom rather than the financial freedom strategies and techniques.

Continue reading →

Inflation rears its ugly head from time to time. If you track the MAS statistics on inflation or just tune to the headlines from the mainstream media. You will realise that it’s about 4.5% for May 2011.

It’s sometimes scary to think that every dollar you save in your bank savings accounts gives you 0.10% to 0.30% or so per annum. Thus, our savings are technically losing their real value of 4%+ every year if we do nothing.

So what can you do against inflation?

Should you run out and buy any blue-chip index stock on SGX to hedge against inflation? Or should you go out and buy a property as a hedge against inflation?

Continue reading →