This blog is about financial freedom and serves to inform, educate and entertain the public on all personal finance matters. The author of this blog has been blogging for 5 over years. He was also a guest blogger at CPF's IMSavvy site (now AreYouReady site). This blog is visited by many unique readers from various countries every month. Do bookmark this blog and leave your comments.
Burger Taste Test : Beef or Horse
So the latest news on the horse meat scandal is that IKEA's meatballs have been implicated too. Well, there is no idea yet whether Singapore has been affected. Anyway, here is a burger taste test video.
Thierry Henry Returning to Arsenal
Thierry Henry looks like he could be returning to Arsenal for his third stint. The Frenchman has a close relationship with Arsenal manager Arsene Wenger and is also Arsenal's all-time record goalscorer. He has scored 226 goals during 1999 to 2007 and 2 goals during his loan spell from New York Red Bulls last season.
Henry's deal is set to expire soon and rumours seems to suggest that he could be set for a return to the Emirates.
Henry's deal is set to expire soon and rumours seems to suggest that he could be set for a return to the Emirates.
Beatrice Miller - Titanium
A really nice Judge's House song by X Factor 2012 (USA) contestant, Beatrice Miller, who sang the song Titanium by David Guetta. I liked her style and the of course the background of the judge's house. Stunningly beautiful.
Well, if you like her voice, then be sure to check out her song that she performed with Carly Rose Sonenclar at Bootcamp. Well, Carly Rose Sonenclar is another ultra talented girl with an amazing voice who can sing real well. Check out her song at the judge's house as well as her audition song.
Quip.com
What is Quip.com? Well, Bret Taylor who used to be CTO for Facebook left the company last year and is currently the CEO of Quip.com. And it is currently a stealth start-up because nobody knows what it is meant to do.
Taylor is working on this project together with a former Googler Kevin Gibbs. And they are not releasing any information on it yet. So could this secretive project turn out to be the next Facebook or Google?
Well, details are certainly lacking at the moment. Hitting quip.com in your url will just bring you to a google accounts login page. And that does not tell much. But some people are guessing that it could be something to do with editing of documents.
Well, a quip is to make a witty remark. And it could also mean a joke. So perhaps quip.com is something like Facebook and allows people to make witty remarks on webpages as they surf the net. I am just trying to guess here. But only time will tell.
Taylor is working on this project together with a former Googler Kevin Gibbs. And they are not releasing any information on it yet. So could this secretive project turn out to be the next Facebook or Google?
Well, details are certainly lacking at the moment. Hitting quip.com in your url will just bring you to a google accounts login page. And that does not tell much. But some people are guessing that it could be something to do with editing of documents.
Well, a quip is to make a witty remark. And it could also mean a joke. So perhaps quip.com is something like Facebook and allows people to make witty remarks on webpages as they surf the net. I am just trying to guess here. But only time will tell.
Not Just Simply Bread
There are many places one can enjoy a nice, leisurely breakfast in Singapore. And Simply Bread is perhaps one of those places. Well, it doesn't just serve bread alone (as much as its name seems to suggest). Simply Bread has two outlets. One is at Guthrie House (located along 5th Avenue) and the other is at Cluny Court (just opposite the Botanical Gardens MRT station).
One item on the menu is the Two Eggs (choose how you like your eggs to be done - sunny side up, scrambled, omelette). And of course, there are also the brunch plates like Honey Ham.
Check out my previous postings about Best Breakfast Places in Singapore and Best Breakfast Places in Singapore (Part 2).
One item on the menu is the Two Eggs (choose how you like your eggs to be done - sunny side up, scrambled, omelette). And of course, there are also the brunch plates like Honey Ham.
Check out my previous postings about Best Breakfast Places in Singapore and Best Breakfast Places in Singapore (Part 2).
Sold Off Nam Cheong
I have been watching Nam Cheong keenly as I mentioned that it was one of the 3 stocks on my watchlist. I wrote about Nam Cheong poised to breakout few weeks back. Have sold it off on Friday after having some small gains. The charts still look positive (at least to me). But I am no longer vested in it since my target price has been reached.
Sold Off Citigroup
I sold off my entire stake in Citigroup at a price of around US$44.11 last week. My average entry price for the stock was US$37.00. After some thought, I decided that the target price for Citigroup was not an event worth waiting for given that the profits would be marginal..
At first glance, it would seem that I should have made quite a tidy profit on Citigroup. But after examining it closer, the profits that I made were really peanuts. And this is largely due to the exchange rates.
Basically, I bought Citigroup when the USD (US dollar) to SGD (Singapore dollar) was around 1:1.4. The US dollar has however weakened significantly over the course of the years. So based on the exchange rate today, my profits were almost wiped out. You can take a look at the chart below to see how the USD has weakened significantly against the Singapore dollar.
At first glance, it would seem that I should have made quite a tidy profit on Citigroup. But after examining it closer, the profits that I made were really peanuts. And this is largely due to the exchange rates.
Basically, I bought Citigroup when the USD (US dollar) to SGD (Singapore dollar) was around 1:1.4. The US dollar has however weakened significantly over the course of the years. So based on the exchange rate today, my profits were almost wiped out. You can take a look at the chart below to see how the USD has weakened significantly against the Singapore dollar.
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