Sunday, June 29, 2025

GenX Shoutout

 Here’s a shoutout to all GenXers!



Antique Legos

 Just realized my brother and mum are preserving my old Lego sets.

They’re worth a lot of money!

Some of the smaller sets have been sold with surprisingly high demand!

Here’s my famous pirate set.



A New Big Purchase Incoming

 Praying this is well worth it.

Transitioning to EV!

Here’s a teaser!




Perth, Australia 2025

 Here’s our recent trip to Perth.

  • Living in Scarborough 
  • Blue Lakehouse
  • City tour
  • The Pinnacles
  • Rottnest Island
  • Caversham Wildlife Park
  • Fremantle
  • Property viewing and Outlet shopping

Top 13 pix!















Jooch Delights

 This is definitely my goto place while it’s still around.

Duck rice and Tau kwa pau from Dunman Food Centre, in the heart of Joo Chiat.

And of course you get to see the beautiful and iconic row of old colonial era houses.






Phantom Of The Opera

 The Phantom rolled into town recently and we went to catch it at MBS recently. 

The kids love the songs from this musical.






Tower Club Singapore Skyline

 Had a corporate event at Tower Club recently.

Very nice views around Singapore.






Manchester United 0 Tottenham Hotspur 1

 2025 Europa League Final.

I had a bad feeling we’d lose, and lose we did.

Spurs just wanted it more.

But still a disappointment nonetheless.

I haven’t seen a worse season than 2024/25 for us tbh.



Lady Gaga Singapore

 Mother Mayhem live in Singapore was a dream come true.

I was lucky enough to watch her all alone in the front rows one night, and then an additional night in the suites.

So so awesome to see and hear her live in concert.

Her latest album is SO good.











Singapore’s New Cabinet

 Just putting this on for reference.



Basketball Weekends

 This is becoming a routine.

And the girl is slowly but surely joining in too!

We love playing some simple shootaround on weekends in the hood now!






Beauty In My Eyes

 This is picture perfect for me.

My heart is home.



Picnic In Sentosa

 Went for a picnic in Sentosa recently.

This is our old trusty green Decathlon tent.

These are good times.



Cookies From My Boy

 This is a dream.

My son bakes the best cookies now.

So delicious and so lucky he has an interest in baking and cooking!



Thursday, June 26, 2025

Fun Second Property Thought

 Here’s a simplified table summarizing your second property investment strategy in Singapore:


🏠 Second Residential Property Investment Summary (S$700K Property)


Category

Details

Purchase Price

S$700,000

Loan (45%)

S$315,000

Cash/CPF Needed (55%)

S$385,000

ABSD (20%)

S$140,000

BSD (~2.2%)

S$15,600

Total Initial Outlay

S$540,600 (cash + CPF + duties)


💰 Rental Income & Returns


Metric

Amount (S$)

Monthly Rent

2,500

Annual Gross Rent

30,000

Est. Annual Costs

~10,000 (taxes, agent, maintenance)

Net Rental Income

20,000/year

Net Rental Yield

~3.7% on total outlay



🧮 Break-Even & Outlook


Factor

Estimate

Capital gain needed to offset ABSD

S$140,000 → ~20% price gain

Break-even price (to recover ABSD)

S$840,000

Time to reach (at 3% growth/year)

~7–10 years



✅ Pros vs ❌ Cons


Pros

Cons

Stable passive income (S$20K/year)

Huge ABSD upfront (S$140K lost to tax)

Long-term asset appreciation

Limited LTV (low leverage = lower ROI)

Singapore property stability

Better returns may exist in REITs or commercial property




Friday, June 13, 2025

Perth For Retirement

 Is Perth a good place for retirement?

IMHO it is great at least six months of the year, autumn and winter time.

Temperature is 10-20°C which is VERY NOICE.

So it’s about whether I’ve got a nice place to stay while I’m here.

Buying a property incurs large sums and many say it is a waste of if I don’t rent it out and collect rent to pay for my taxes and other miscellaneous upkeep costs.

Renting might be an option.

Hmm.

Also I think the AUD is waaaaaaay undervalued against the SGD. Right now at 1 AUD buys only 0.83 SGD. So everything I spend here is at an almost 20% discount. Yummy!

Slowly becoming a fan of Australia as a potential home away from home.

Friday, June 06, 2025

Trump-Musk Feud

  This is gold.

Get your popcorn out people!

Here is a comprehensive timeline of the escalating feud between Elon Musk and Donald Trump, beginning on June 3, 2025, and continuing through June 6, 2025:

🧨 

Trump-Musk Feud: Full Timeline (June 3–6, 2025)

📅 

June 3, 2025

  • Musk Denounces Trump’s Spending Bill
    Elon Musk lashes out at President Trump’s new “Big Beautiful Bill,” a sweeping tax-and-spending package. Musk calls the bill a “disgusting abomination” and says he was not consulted, contradicting Trump’s earlier claims.
    📎 Source

📅 

June 4, 2025

  • Trump Retaliates Against Musk
    Trump threatens to revoke federal contracts and subsidies for Musk’s companies, including SpaceX and Tesla, in response to the criticism.
    📎 Source

📅 

June 5, 2025

  • Musk Accuses Trump of Epstein Ties
    Musk claims that Trump’s name is in the unreleased Jeffrey Epstein files, suggesting that’s why they remain classified.
    📎 Source
  • Musk Supports Impeachment
    Musk publicly endorses a Truth Social post calling for Trump’s impeachment and removal from office.
    📎 Source
  • Massive Tesla Stock Crash
    Tesla stock drops 14%, wiping out $150 billion in market value, as investors grow uneasy over the feud.
    📎 Source
  • Musk Threatens Political Realignment
    Musk hints at forming a centrist political party and reducing political donations, signaling a major break from Republican politics.
    📎 Source
  • GOP Lawmakers Rally Behind Trump
    Republican leaders distance themselves from Musk and reaffirm their support for President Trump.
    📎 Source

📅 

June 6, 2025

  • Feud Intensifies on Social Media
    Trump and Musk continue trading insults on Truth Social and X, criticizing each other’s policies and character.
    📎 Source
  • Tesla Stock Falls Further
    The market rout continues: Tesla shares drop another 8%, adding to investor anxiety.
    📎 Source
  • Investor and Political Fallout Grows
    Market analysts warn that the feud may affect policy decisions in energy, tech, and space sectors. Wall Street becomes increasingly cautious about Musk-led firms amid regulatory threats.

🧾 Summary

  • The feud has moved from policy disagreement to personal attacks and economic consequences.
  • Musk is now openly opposing Trump politically, while Trump is threatening the financial lifelines of Musk’s businesses.
  • With GOP support behind Trump and Tesla’s market value plunging, Musk’s influence in conservative politics may be waning — unless he pivots into a new political movement