A Picture of My Ideal Life


"The clearer your vision of what you seek, the closer you are to finding it."

Why use pictures to draw a picture of your ideal life?

Apparently, using pictures and symbols bypasses the left side of the brain (the safekeeping self) and speaks directly to your right brain (experimental self), whose job is to engineer change.

The picture of the life you really want has the power to bring about the change that you desire.

So there you have it above, the picture of my ideal life. (As you can see, I am not much of an artist)

Penguin Book Fair & $50 Competition

Penguin Book Fair at Singapore Expo (3 Dec 09 till 6 Dec 09)

I visited the penguin book fair at Singapore Expo and the only thing I can say is that if you LOVE books and you really want to find good deals, make your way down to the Penguin book fair.

Books are going for as cheap as $3 (they mentioned $1.00 but I couldn't find those books). I checked and realised that certain books which I bought for $20 to $30 at normal bookstores are going for as cheap as $8 to $10. That is a lot of SAVINGS if you are an avid book reader.

I saw some people pushing around like carts of book so I guess that they must be shopping for their entire year's worth of book there.

Seriously, if you have a budget of $100 to spend on books each year, just drop down to the Singapore Expo and you can easily buy 10 books! That is enough books to read for a year.

I myself bought over 10 books (including children books)

$50 Competition

I started a competition to give away prize money of SGD 50.00 here.

Competitors, please continue to take note of the following pointers.

1. Consecutive postings by 1 user will be considered as a single posting. For example, if User G post 5 comments consecutively, it will be considered as 1 single posting. Users are allowed to post multiple comments but are encouraged not to post consecutively to confuse others =)

2. Only 2 ways to win. First way, be the 50th comment and win $50. Second way, if there are less than 50 comments, be the last person to comment in 24 hours. Based on my last count, there were 38 comments already so somebody will surely walk away with $38 already.

Follow this link to see the competition
http://sgfinancialfreedom.blogspot.com/2009/12/free-50-to-give-away.html

Free $50 To Give Away

Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY!

ANYONE can earn it.

Just leave a comment on this post and you stand a chance to win.

I wil pay by Paypal or internet banking (if you have a bank account in Singapore)

How to WIN?

Simply post a comment below this post (no vulgarities and spam please). The prize money starts from $0 and increases by $1 with every comment below this post up to a maximum of $50.

The person whose comment is the last (with no comments in the next 24 hrs) walks away with the prize money. There will only be 1 winner

Multiple postings are allowed but you are not allowed to post consecutively.
*Updated 2nd Dec 2009 2.41pm - consecutive postings if any will be considered as 1 posting. I.e. if a user post 10 consecutive postings, it will only be considered as 1 posting

Example 1: You are the 5th person to comment and nobody else comments after 24 hrs, you walk away with $5

Example 2: You are the 34th person to comment and nobody else comments after 24 hrs, you walk away with $34.

Example 3: The competition heats up and people keep posting comments. As long as you are the 50th person to comment, you win the $50 which is the maximum prize money.

The maximum amount to be won is $50 and there will only be 1 Winner.

The winner is to inform me through my email (sgfinancialfreedom@gmail.com) on the payment method he would prefer (Paypal or i-banking).

I reserve the sole right to determine who the winner is if there is any conflict. Remember the 24 hour rule.

Prize money is in Singapore Dollars.

Brian Tracy - How To Increase Your Income by 1000

Brian Tracy is a motivational speaker and self-help author. In this video, he shares some insights on how to increase your income. Happy viewing!

31 Days to Increase My Passive Income

One of the reasons why I started this blog was to track my passive income earnings.

In 2008, I managed to hit my goal of achieving $200 per month in passive income.

The goal set for the year 2009 was to hit $400 per month passive income.

With 31 days left to 2009, I have to figure out a fast way to hit that amount of passive income.

Here is my estimate at where I am at currently:

1. 12,000 x Ascott REITs (DPU = 3.55 per half) = $71.00 per month
2. 17,000 x First REITs (Annualised DPU = 7.66cents) = $108.51 per month
3. 1000 x Suntec REITs (Annualised DPU = 11.94cents) = $9.95 per month
4. Maybank iSavvy Deposit = $8 per month
5. Online Income Sources = $30 per month

Total = $227.46 per month



I am now torn between putting my capital into dividend stocks or stocks for capital gains.

Lessons From A Beach Bum


We all know the story about the rich and successful man who went to the beach and saw a surfer dude bumming around. He asked the surfer dude to have more aspiration, to get a job, save enough money and then be able to retire...

The surfer dude asked him:" And what am I going to do when I retire?"

"Well, you could sit down at the beach, relax and surf" replied the rich and successful man..


This anecdote always hits me as it reminds me that many times, we can be pursuing the wrong goals in our lives.
We think that money can make us happy and keep looking forward to the future where we think we will be richer and maybe happier.

Alas, the years pass and we are richer but we still do not find ourselves happier.
We analyse the situation and figure out that perhaps we are not RICH enough so we carry on working ourselves to death, trying to keep us with the Jonases and whoever.

I figure that many people realise that after twenty to thirty years of working, they have literally WASTED their entire lives away living up to other people's expectations of them.

This is truly sad but it is extremely real in a society like Singapore.

I guess that there are 2 Key Lessons that we all can learn from the story about the beach bum.

#1 - Treasure the Present

Too many times, we keep thinking about the past and fantasizing about the future while dreading the present. The key to happiness I guess is to learn how to treasure the present.

#2- Get Out of the Rat Race

The race is for rats only. If you are not a rat, please get out of it and spare yourself the miseries of keeping up with the whos who. Seriously, nobody gives two hoots whether you drive a Lexus or a BMW or a Toyota. The people you are trying to impress are busily trying to impress you too so they will hardly notice what car you are driving.


The author of this blog is a well-qualified bum in every sense of the word. He advises you to take everything you read in this blog with a pinch of salt.

Dividends for November 09

Checked my bank account and realised that I have received dividends from two of my REITs (First REIT and Suntec REIT)

Total from First REIT = $323
Total from Suntec REIT = $29.21

Sort of regretted selling away some of my Suntec REITs as I would have received a much larger dividend. Oh well, I guess we are always wiser with hindsight.

Total dividends for November 2009 = $352.21

It certainly cannot compare with the dividends that I received for Feb 09, May 09 and August 09 but it beats getting nothing at all.

Read Related Articles:
1. Received Over $1000 for August 09
2. Dividends for May 09
3. Dividends for Feb 09

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