Seventy Five Percent Invested, Twenty Five Percent Cash

Recently, I have added more of Mapletree Commercial Trust and CapitaMall Trust to my stock portfolio. As such, cash on hand has decreased. I have also been performing Supplementary Retirement Scheme (SRS) top up over the past few months to reduce the income tax amount I have to pay next year. My current cash on hand versus my total investment in stocks is 25 percent versus 75 percent respectively.

I am expecting my cash to increase next month as just like Kevin from Turtle Investor, I am expecting to receive my annual wage supplement in the month of December. Read More

My Sweet Retirement Opens Supplementary Retirement Scheme

It is the last month of the year. This month, I finally opened my Supplementary Retirement Scheme (SRS) account with OCBC. I convinced my wife to do so as well.

I have done a little homework prior to opening a Supplementary Retirement Scheme account. My main reason for opening a Supplementary Retirement Scheme account is for tax reduction. Read More