This Personal Finance category contains records and reflections on my personal finance management, options and stock trading, investment strategies, portfolio plans, actions, outcomes, and learning points.
I was introduced to options trading in April 2021 by a friend. At first, I couldn’t wrap my mind around it but am now happy to say that I have picked up the basics. It has been a humbling experience.
My main objectives for trading options are:
Generate some income
Purchase stocks I want at a discount
I keep a log of all my options and stock trades in Google Sheets. Strike prices, risk and reward ratio, win rates, yield percentages, etc. I find this log helpful for review and planning.
I was told that journaling my options trades and reflecting on my trades afterwards will help improve my trading. That is what I am trying to do here.
I have gone through sufficient financial mistakes to know that I need guidance. I came across Dave Ramsey’s Baby Steps to Financial Peace and found that it shared similar traits with the Singapore Government’s approach to helping citizens secure financial stability.
I decided to find out more and apply any that I found useful to the Singapore context. I document my learning points and reflections here.
This is an account of how I work out my SRS investment for 2023. It also corresponds to Dave Ramsey’s Baby Step 4 – Invest 15% of Your Household Income in Retirement.
An ongoing journal recording my journey as an investor. I know so little about investing in the 21st century. If I fumble around, I am going to lose a lot of money. I need to spend some time and effort to learn more about it and myself.
I started following Dave Ramsey budgeting principles to create my monthly written budget.
I want to better manage my finances as I resume work after nearly a year of rest. I am using Dave Ramsey’s Total Money Makeover to guide me on my financial journey.
I find the analysis of US stocks and ETFs by The Spill newsletter excellent. I am compiling those I find particularly interesting.
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