Book Review: Financial Freedom A Guide to Achieving Lifelong Wealth and Security

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Financial Freedom A Guide to Achieving Lifelong Wealth and SecurityThe book “Financial Freedom A Guide to Achieving Lifelong Wealth and Security” is written by Mr Reuben Advani. The book is easy to read and has a total of not more than 150 pages. Personally, I felt that the book title is over exaggerated. At a glance, the book seems to suggest tips to achieve wealth and financial freedom. However, it is actually a personal finance book whereby the author explains in high level some financial jargon (E.g. Assets, Liabilities, Equity, Debt etc).

The author shares in this book how to plan a personal monthly budget, things to consider when financing a home, buying a car and financing an education.

There are no in depth tips on stock investment.

However, one particular chapter catches my attention which is Chapter 5 The Personal Finance Panacea – Make More Money! This chapter writes about landing in your dream job and getting promoted. The topic on getting promoted is pretty interesting. It describes how through fits of impatient sighs, we can convince everyone that one is the busiest guy in the office and involved in very important work. Does this sound familiar to you or is any of your colleagues doing that? Read More

Challenger Technologies new subsidiary Challenge Ventures Pte Ltd

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SGX Mainboard-listed Challenger Technologies Limited (“Challenger” or the “Group”), today announced it has set up a wholly owned subsidiary Challenge Ventures Pte Ltd (“CVPL”) to focus on investing in companies and businesses to complement Challenger’s existing business.

Over the past 2 years, Challenger Technologies Limited has been aggressively investing in its in-house brand “Valore”, which turns out to be a failure. All Valore concept stores have been converted into Challenger stores.

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Durable Competitive Advantage of Warren Buffett’s Favorite Companies

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Warren Buffett

August 2015 was a month of roller coaster ride for most traders and investors.

In 2015, a serious of bad news such “Grexit” Greece exit, China’s Yuan devaluation and slower economic growth, Fed rate hike decision has sent stocks across global markets plunging and Straits Times Index (STI) falling below 3000. As of today, the Straits Times Index (STI) stands at 2,885.32.

I read about the “durable competitive advantage” of Warren Buffett’s favorite companies and was curious about how those companies will fare in times like this where financial analysts believe we are heading towards a bear market.

Will the market plunge like the 2008 financial crisis?

Here goes:

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