About

Hi, many thanks for visiting my site.

I am Alvin and I live in one of the smallest countries in the world – Singapore. Read on to know more about me and how the blog can help you achieve financial success.

Why I started this blog?

I want to achieve financial freedom by putting my money to work. I am an avid reader on finance and enjoy putting up ideas, concepts and experience on the blog. Hopefully, the content can help you to understand the world of finance better. This blog will document my progress as an investor and trader, and when I want to be an inspiration for others when I attain my financial success.

What you will not see in this blog:

1) Financial News – We live in a world that is very cluttered with everything trying to grab our attention. There are already plenty of financial news providers out there where you can read about them. I do not want to reiterate here and add on the clutter. In addition, I believe true investing does not rely on news. The moment you react to news, you are a sheep follower waiting to be slaughtered.

2) Stock Recommendations – I do not believe in stock recommendations. In actual fact, people who recommend stocks are not rich through investing, but rather through their paid advice. I want you to think now, do the world’s richest investors like Warren Buffett and George Soros give recommendations?

3) Predictions – I am not a seer. Likewise for you too. Predictions are usually wrong but many people still want to do it. Trying to prove that “I am right” is an egoistic nature of humans. Predictions also generate a lot of hype and get many to be interested. To me, I do not know what the future will bring and I do not want to mislead you. I want you to focus on the sound principles that will bring you a higher certainty of attaining wealth.

What you do see in this blog:

The blog is categorized into 2 main topics – Trading and Investment.

1)Trading – Technical analysis, trend following, trading lessons learnt, book summaries, brokers, concepts, stocks.

2) Investment – Fundamental analysis, value investing, concepts, book summaries, economics, stocks, commodities, properties and alternative investment products.

My Trading and Investment Strategy

It took me quite some time to really get serious into investing, especially coming out with a concrete strategy tailored for myself. But I guess it is better late than never!

I am both a trader and an investor. Graduated from the T3B Trader Course, I am armed with a tested system to began my trading journey immediately, without having me to develop a system from scratch. This gave me the focus to work on my psychology, which is the most important element for successful trading. Predominantly, I use Contracts For Difference (CFD) for my trades, which allows me to long and short the market with leverage. After having reasonable successes with T3B Stock Course, I attended the T3B Forex Course as well. I post my monthly trading results here.

Besides the “fast pace” trading, I am a true blue believer and supporter of the “slow and steady” index investing philosophy. This investing method is really the most fool-proof and I do not understand why many people are not doing it. It should be the foundation of investment where everyone should begin as early as possible! Coupled with dollar cost averaging, I buy into various indexes that I believe have much growth potential in the far future. By doing index investing, I am betting on the overall economic development of a particular country. For instance, I believe Singapore’s economy will eventually be stronger than it currently is, hence, I am buying into STI ETF on a monthly basis.

I had also attended Dennis Ng’s stocks and property investment courses. His style is best described as cycle investing, whereby he buys fundamentally strong companies at deep discount during market crashes, and sell them when market reaches euphoria. I actually have more funds invested using Dennis’s methods. If you are interested to hear Dennis speak, please register here.

Happiness is Now

If you were one of the early followers of BigFatPurse, you would have know that her tagline was “Solutions for a lean purse”. You can read why the tagline was changed here. Briefly put, the reason was to have a more encompassing tagline that includes the seek of happiness in life, which I feel is the ultimate aim for a human being. Money and wealth are important but they are means to an end. It came about when I began to find out about true happiness and meaning of life, and I was steered towards spirituality for answers. I would not say I am a convert to any religion, but there are indeed some useful pointers that can “enlighten” me. In fact, I started to realize the importance of gratitude that was mentioned so often in the practice of law of attraction. To be appreciative of whatever you have, you actually can attain happiness immediately, and put you in a better position to achieve your goals. Then abundance in terms of wealth and happiness is what I hope you and me can achieve. I would like to quote a phrase from Eckhart Tolle’s book, “A New Earth“,

“If the thought of lack – whether it be money, recognition, or love – has become part of who you think you are, you will always experience lack. Rather than acknowledge the good that is already in your life, all you see is lack. Acknowledging the good that is already in your life is the foundation for all abundance.”

Media

I was interviewed and featured in “What’s Your Position” on ChannelNewsAsia. You can watch the video here.

My first book, “Secrets of Singapore Trading Gurus”, was launched in Nov 2011. You can find out how 8 Singaporeans trade the markets successfully here.

Disclaimer

All viewpoints are strictly for information only and may not be suitable for your financial needs or goals. Please carry out more research or consult a qualified financial advisor to assist you. Although the author tries to provide accurate information, mistakes or inaccuracies may still arise and the author will not be liable for any inaccuracy.