Value Merlion

Note 2: Bitcoin bubble Dear Internet Cryptocurrency has been in the news since early last year and it has captured the imagination of many investors and speculators alike. However, there is a lingering fear among some people that it might be a huge bubble waiting to pop. Honestly, I have not brought any cryptocurrency yet and even though I would like to, I can’t bring myself to do it. Over the past 3 months, I have been reading up heavily on this subject and would like to share with the readers on my learnings and thoughts. The rise of cryptocurrency has been likened to the Tulip Mania which is one of the earliest recorded bubble in modern history. Needless to say, the results for those who speculate during the bubble didn’t end up. I will not compare the Tulip Mania to the Bitcoin bubble that we see now, I believe (keeping my fingers cross) that there are some cooler heads around and the speculation has been restricted to a few minority. At the same time, I believe th...

Dear internet Today, I am officially recording my journey towards financial independence. I am 38 years old this year and I plan to achieve financial independence by the age of 55 years old. During my youth and young working life, I was heavily influenced by several of my seniors who had achieved some form of financial freedom at an age much earlier than their peer. As such, I wish to chart my own path, just like them. I currently live in a public housing, and work as a minion in a MNC. I believe that the route to financial independence or financial freedom revolves around a few key behaviour Spending less than you earn A disciplined process in investing   Being open minded   This blog will record my various trades, milestones of my networth, opinion on equities and politics and other matters regarding financial independence. This blog IS NOT , A showcase of my net worth,  A forum to share my thoughts on religion or politics  A blog for a...