Friday, 3 March 2017

Bib n Tucker - Our Side Income & A Semi Passive Business


This is just a post on the update of our (my wife and I) side business. Something to do with side income, passive income but nothing to do with equities. 😀


Bib n Tucker is started as an online store for baby and kids wear in 2014 and is coming into its 3rd year soon.

Sales have been coming in though volume can be improved, as is always the case.

We have to align our expectation since we have not been putting as much time as we would like to, into the marketing of our online store.

This is because we have our full time jobs and secondly this is meant to be a side and semi-passive income afterall.

Nevertheless we have done the necessary marketing in the early days such as the traditional flyers in the letter box and word of mouth to friends and family.

On top of that we also paid for Facebook advertising and other social media and platform marketings.

We did a revamp of our website last year. Moving forward we will continue to invest our time into this venture as well as seek improvement to the running of this business.

Big News! Big News!

Ok not really big news but:

"Bib n Tucker is offering free delivery from now on.

Regardless of the no. of items purchased, just select 'Free Rate' during checkout to enjoy the complimentary shipping to your door step.

Registered mail is at an additional $1.50 regardless of the no. of items purchased as well.

Enjoy, and continue shopping for the items that you and your child likes!"


If you intend to purchase from Bib n Tucker, thanks for the support 😁

Please drop me a note through email, our facebook page BibnTucker or Carousell BibnTucker and let me know which piece(s) you wish to get. This is so I can know you are coming from my blog.

I will work out a free registered delivery for you. On top of that I will also give a 10% discount to you.

Treat it as a gratitude to my readers 👍

p.s. running a business on top of a full time job is not easy. then again nothing in life is easy. we will continue to strive to do our best. huat ah!!

Thursday, 2 March 2017

OCBC 360 vs UOB One - Latest Comparison


So you guys probably already know that OCBC has changed the terms and conditions of its 360 savings account again.

If memory serves me well, this is the 2nd time they have changed those conditions.

Initially it was 1% interest P.A. for each of its original 3 categories. After that it was changed to 0.5% for couple of the categories. Now it's down to 0.3%.

While it is not totally unexpected, it is still disappointing nonetheless.

With the new conditions (interest rates) in place from 1st April 2017 onwards, it would serves us well if we can do an apple to apple comparison with the next closest saving account to see which benefits us most.

With that in mind I did a comparison between the OCBC 360 account and UOB One account.

First off, the difference between the existing OCBC 360 conditions and the new conditions from April onwards.


As you can see, interest rate has dropped in two of the categories while new condition has been set.

Personally I am able to get 2.25% + 1% on incremental saving amount on current conditions. Once the new scheme kicks in, realistically I should be able to get 1.85%.

Now, the interest rates offered by UOB One account.


Interest offered by One account is slightly different in the sense that the rates are on step up basis.

So which is the better account in terms of interest rate for the man in the street?

For this question we do a case study based on two scenarios as follows.

Case Study 1:

For the average Joe who maintains $20,000 in his account every month and is able to get 1.85% from his OCBC 360 account from April 17 onwards or 2.05% from his UOB One account.

On top of that he also spends at least $600 on his credit card every month. Since the cash rebate for OCBC 365 card is mostly between 3 - 6%, we use a mid figure of 4% for our average Joe.


Case Study 2:

For the richer average Joe who maintains $50,000 in his account every month and is able to get 1.85% from his OCBC 360 account from April 17 onwards or 3.38% from his UOB One account.

On top of that he also spends at least $600 on his credit card every month. Since the cash rebate for OCBC 365 card is mostly between 3 - 6%, we use a mid figure of 4% for our average Joe.


Case Study 3:

For the even richer average Joe who maintains $70,000 in his account every month and is able to get 1.85% from his OCBC 360 account from April 17 onwards or 3.38% from his UOB One account.

On top of that he also spends at least $600 on his credit card every month. Since the cash rebate for OCBC 365 card is mostly between 3 - 6%, we use a mid figure of 4% for our average Joe.


In conclusion, you can see that with a larger savings amount up to $50,000, the UOB One account offers a better deal than OCBC 360 account.

However if your savings amount starts to exceeds $50,000 you might want to take a closer look at the OCBC 360 account since the interest rates are valid up to $70,000 whereas UOB One account only offers 0.05% base interest for savings above $50,000.

(Thanks to reader Vince Chew who pointed this out)

If you are like the average Joe in our case study who maintains a lower amount in his savings, OCBC 360 is probably better for you.

For myself, I will still stick with my OCBC 360 account FOR NOW as most of my funds are currently in investments.

It's not worth the hassle for me to switch my Giro billings.

Furthermore UOB, like other banks, can change the conditions for their UOB One account anytime. So I will adopt a wait and see attitude first.

Wednesday, 22 February 2017

3,110 Resistance

So STI breaks 3,110 level again today.

In my opinion 3,110 is a resistance. Only if this level can sustain or run up for a sustainable period then I would consider this a real bull run.

Everyone, while making money please trade cautiously too. Especially if you are going for long position at this level.

Tuesday, 21 February 2017

Fundamental Analysis and Technical Analysis

I'm more of a fundamental analysis person when it comes to stock investing.

There are many discussions about fundamental analysis (FA) and technical analysis (TA), advantages and disadvantages of one over the other, blah, blah, blah.

However as I tend to hold my stocks over a longer horizon, I feel a good analysis on the fundamentals of the company coupled with a look at the macro factors is an approach which works well for me so far.

5 of the most common factors that I use to screen my stocks are:

a) Dividend Yield
b) Net Profit
c) Gearing
d) P/E Ratio
e) P/B Ratio

In some cases I also look at the following:

a) 5 Year Dividend Growth Rate
b) Sales (TTM) vs Preceding Year
c) ROE

Nevertheless one cannot discount the importance of a good TA.

Many a times I find myself selling too early despite having a good entry price. Reading the charts will help judge a good exit price.

Another case in point. In a bull run like the one we are facing now, some stock prices are rising faster than you anticipated. Using TA can help you to do some quick trades and in the process, hopefully earn some quick bucks.

Conversely in a bear market, take advantage of a well-applied FA to grab solid counters at attractive prices for some long term holdings.

All in all, personally I feel FA is good for stock investment over a mid to long horizon and TA is useful when it comes to short term trading.

What do you think?

Wednesday, 15 February 2017

My Cardinal Rules in Investing

Cardinal Rule: A fundamental rule that is set in place and must not be broken at anytime.

There are different kinds of benefit that one can reap from investing in the equity market.

Tangible benefit - monetary gains

Non-tangible benefit - knowledge

And I found that some of the knowledge I gained from the years in the market is not only applicable to stock trading, but also applicable to life in general.

For the context of investment, I call them my Cardinal Rules of Equity Investment.

And these are:

1) Only buy what you can afford to lose.

2) Do your homework and stick to your target price.

3) Remain steadfast in your belief even when the whole world goes against you.

4) Do not touch s-chips.

5) No profit is as real as the one in your pocket.

Now I'm sure not everyone will agree with my cardinal rules stated. But I will be glad if someone can gain from taking inspiration from this sharing.

Thursday, 9 February 2017

Construction Companies Comparison

Some months back I did up a comparison spreadsheet for the major players in our local construction industry.

The reason was because I was tracking some of them and I thought it would be easier to compare in a tabulated table.

As mentioned the table was done few months back so data might be a little outdated. But you should be able to get a general feel of the pros and cons of the companies in the comparison.

Hope this helps. Here it goes...


Random Thought on M1

Many people are talking about how bad the outlook is for M1.

Yes, top and bottom lines are declining. But I feel it is not gloom and doom for M1. Afterall they are still making money isn't it? Not as if they are loss-making.

I believe their turnaround will be when their new initiatives such as IoT and smart meters start to kick in and generate revenues for them.

My feeling is that the M1 now is like the SingTel years ago when they started to diversify into new income streams which they are now reaping the benefits.

Am I the only one feeling this way?

However there is a key factor to M1's future outlook as follows:

Potential upside: Ms Karen Kooi
Potential downside: Ms Karen Kooi