Miss Financial Freedom

Just wanted to learn, invest and retire early. Have a open heart and never stop learning.

[missfreedom]

Post apocalypse (hopefully) https://www.instagram.com/p/CMdn9IXHizkYfcDx1Gaf3hoNodj7zT31FsFK8c0/?igshid=1oadvoa66piv6

[missfreedom]

I guess you earn from the markets, have to lose back to the markets. https://www.instagram.com/p/CMBNf2hFIei/?igshid=1p9gycbi57xkn

[missfreedom]

Looking forward to better times ahead😅 https://www.instagram.com/p/CL_oE5xFF8f/?igshid=4rdumlnl6nzi

[missfreedom]

What a start to the month #life https://www.instagram.com/p/CL9SmCxFZ2z/?igshid=1vmxbeb0papmo

[missfreedom]

Jan and YTD results along with a 7days scorecard during the last 1 week of Feb. Finally a NASDAQ and SnP pullback after a few good months. Managed a -3% when major mid cap tech stock fell by 10-20% and NASDAQ(~-7%). The ride continues 😂 #invest #sginvestment #sginvest #sginfluencer https://www.instagram.com/p/CL1D6QgF6GZ/?igshid=fyq40jmojxp3

[missfreedom]

Jan and YTD results along with a 7days scorecard during the last 1 week of Feb. Finally a NASDAQ and SnP pullback after a few good months. Managed a -3% when major mid cap tech stock fell by 10-20% and NASDAQ(~-7%). The ride continues 😂 https://www.instagram.com/p/CL1D6QgF6GZ/?igshid=qwrp9x3cxyo

[missfreedom]

All hail FIRE, life is too short to be spent working.

I remembered telling my boss that I wanted 3 months sabbatical no-pay leave and she thought I was an alien.

[missfreedom]

Long awaited pullback, if you are into Tech stocks, enjoy the ride!

Well, hedging can always be done.

[missfreedom]

Jan’21 scorecard

Ended the month with a market pullback, may the markets be with you guys!

It was sad that i didn’t join the GME ride, but would rather trade with logic anyway

Not too shabby for a 28% per month returns, meanwhile banks are giving 0.05% per annum.

[missfreedom]

I would put this as instead of enjoying the present and sacrificing the future, why not keep improving and having skills that last for life?

Insurance and property agents for instance used to be making big bucks during our parents’ generation, simply because people back then were less saavy, more trusting and market was much less saturated.

Today, these jobs just serve as an easy way out for fresh grads or those who wanted a career switch thinking it is still a way to make quick bucks. 20 years down the road, it is just gonna be jobs that would turn obselete with technology and regulation changes. It might be difficult for those who have turned middle aged by then to have a career switch.

Earn more while you can and invest your savings while progressing, though not a long term solution, a 5 years headstart of hardwork in a sales industry would definitely change your life entirely.

[missfreedom]

Which broker to use?

If you hailed from SG, chances are you could be using DBS Vickers or POEMs to trade.

Imo, Vickers is a tad too exp for foreign shares which comes with minimum commission and I am not really used to POEMs’ interface.

I use primarily IBKR and TDameritrade for HK and US stocks for the cheapest charges and access to options as well. They are one of the largest brokerages around on the world. However, if you are concerned about possible insolvency issues of a brokerage, perhaps spread your eggs by having a few.

*Note that they do not allow Singaporeans to trade in SG equities on the platform due to regulations.

For SG equities

If you are trading SG stocks and happen to be a DBS Treasures customer, you can check out their iWealth app and trade directly off the DBS ibank. They are offering competitive rates of up to 0.12% on SGX trades with no minimum commissions. However, to qualify for DBS Treasures, be prepared to set aside 350k SGD nett investible asset (deposits or investments) in DBS. If the amount sounds a lil’ astronomical, do consider Stanchart’s trading platform currently offering 0.2% with no minimum commission as well.

I would love brokerages with no min. comm as that would mean i could trade with a smaller capital and do a dollar cost averaging by buying in small amount each time into a particular stock to get a better average cost.

These are the few brokerages i have experienced with, feel free to use any others that you prefer!

Checkout:

https://seedly.sg/reviews/online-brokerages

[missfreedom]

The ‘dream’ life

Of my years in the sales industry, i was earning >10k/month, not too bad for a freshie (if you are asking where my capital came from), definitely not a kid born with a golden spoon.

I have seen peers donning branded top to toes even if they are not doing well in their job (sales is everything in our line). You see people driving branded cars and living in luxury every single day. I can assure a majority of the financial planners don’t know much about investing and their mathematics suck.

Invest in yourself

You could be envious or skeptical about people’s lifestyle but what could you do better with the $$?

I guess my years of financial background has been put to good use finally. Just have a open mind and keep improving.

Well, you don’t need a financial background so long if you are willing to learn.

Ending off with my scorecard (Apr’20 till Jan’21)

% has nett off all cash inflows

Yellow-ETFs

Red-Options

Blue-Stocks

Green- Cash

Started out with traditional value investing, but moving gradually towards options for quicker short term investment recently.

[missfreedom]

Just a regular SG 28yo staying in a 2bedrm HDB girl trying to invest and achieve FIRE (financial independence, retire early!)

Bio:

-had a diploma in business admin

-degree in int business

-first job till present day, a relationship manager aka financial planner aka wealth planning manager or whatever you like to call it

Had many many modules of financial accounting, financial planning etc but had never put it to good use until recently

Just feeling a lil’ bored and sharing snippets of my FIRE journey right here.

* investments comes with heart attacks, risks and losses, do not go for it if you can’t deal with losses