Note 1: Start of my journey towards financial independence

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 any stock tip
My readers will still have to make their own judgements.

 As at 1st Jan 2018, my current assets and liabilities stand at



As you can see, I have quite a chunk of my network in housing, just like most Singaporeans. My long term game plan is to increase liquid assets with various equities investment. Equity strategy for 2018 – 2020 is as follow on 5 key main points

  • Capital allocation 
    • Divesting the Singapore fund ( ie Freedom fund) over a course of 10 years and putting the money into SRS accounts to reduce my income tax
    • Putting my cash into the most undervalued shares or stock market whenever possible.
    • Selling off overvalued shares (which I believe will be the main activity for this year)
  • Staying invested 
    • Regardless of whatever forecast out there, minimum presence in the market is necessary. The market is a weighing machine in the long term.
  • Saving up for war
    • Build up a war chest of cash thru savings to capture any meaningful opportunities whenever necessary
  • Expansion beyond SG market
    • I believe the portion of my net worth tied to Singapore is already pretty substantial. I am looking at beyond the shores to reduce my geographical risk


With this, I hope to end my first post, and I do really hope to write as often as possible. I will also be tracking and sharing my performance along the way. 

Good Luck!



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