Sunday, November 26, 2017

Opinion - Futures Trading will Fuel Rise In Bitcoin Prices Beyond Imagination

I have seen many people want to short Bitcoin (BTC) when futures start trading and I think it's just stupid.

People who understand BTC know that it is very easy to pump up the price by flooding the market with big money. This asset is not created with big money in mind. Conversely, it is extremely difficult to make the price drop unless you have accumulated a large amount of BTC to dump, and even then there are many new buyers and funds waiting to buy the dip as previous corrections have shown. 

The introduction of BTC futures provide big money easy access and leverage to an asset that can be easily manipulated. The derivatives market is much bigger than BTC or any other cryptocurrency.

The unregulated nature of cryptocurrency means that all the illegal manipulation activities will happen. Huge positions can be taken up by big money in the futures market and the BTC market can be easily moved to achieve maximum profits.

In view that it is easier to push prices up than down and big money is being presented a rare opportunity to make crazy profits with no supervision, I can only conclude that BTC will hit prices beyond our imagination.

I don't think predictions of 20K, 100K or 200K are ridiculous at all if you understand the immense power of human greed.

Wednesday, August 16, 2017

Most Cost Effective Phone Plans and Maximising Phone Contract Subsidies

Many friends ask the question, "What is the most cost effective phone plan to take?"

I have done the calculations and SIM-only plans are always cheaper than signing a 2-year contract regardless of usage. The phone subsidies given do not offset the additional amount paid for the entire duration of the contract. You are better off going SIM-only and purchasing a phone from Carousell or a shop.

Starhub and M1 offer the cheapest SIM-only plans without a contract, depending on your usage. Singtel gives you a better deal if you commit to a 1-year contract.

The only exception to this is if you are eligible for corporate discounts and the discount is significant enough to bring down the cost to SIM-only price range. In such a situation, it is possible to get a high-end phone at a highly discounted price. If you do not need a high-end phone, I will still recommend getting the hottest phone in the market that has a low upfront cost, with the aim of offloading it on Carousell or a shop. The proceeds can be substantial, which can be used to purchase the phone of your choice with money to spare or offset your monthly bills. iPhones generally have the best return especially during the launch of a new model, or Samsung Galaxy phones if there are significant telco discounts. A few shops have buy prices online which you can use as a rough guide to calculate your return. Be quick though, buy prices drop fast as supply increases.

Thursday, August 3, 2017

Best Credit Card for Big Ticket Expenditures

Many friends ask the question, "What is the best credit card for my big purchase?"

I have been following the various credit card product offerings in the market and these are my conclusions:

1. Standard Chartered Manhattan World
3% cashback if you meet $3,000 minimum spend for the statement period. Capped at $200 per quarter. Spend $6,667 in a statement period to reap the maximum benefit.

2. Standard Chartered Unlimited Card
1.5% cashback with no minimum spend and no caps.

BONUS: Standard Chartered has a $138 cash award for new to bank sign ups.

3. UOB Priv Miles Amex
This is not a direct cashback card. The earn rate is 1.4 miles per dollar spent (awarded in the form of 3.5 UNI$ per $5 spent). The effective rebate is about 3% if you value each mile at 4 cents. You also get an additional 20,000 miles if you hit $50,000 during the membership year. The UNI$ earned can be used to redeem other things like vouchers if you do not want miles, though the effective rebate would be less. Ideal for big wedding banquets where you hit $50,000 spend. The miles earned can be redeemed for a honeymoon trip.

There are other cashback and reward cards out there but I find that they are more suitable for day to day spending due to spend category restrictions and low cashback caps. I will write about them another day.

Tuesday, August 1, 2017

Blog Relaunched

Dear Readers,

I am relaunching the blog to share my views on various finance subjects. I have spent much time researching various topics and hopefully this sharing will benefit whoever that happens to be reading this.

There is a lot of knowledge out there available for free and this blog is created to demonstrate that you don't need to spend money to learn something. 

The remnants of the gaming blog will be retained in the archives as I find it a waste to delete it. 

Friday, May 6, 2016

Street Fighter T.N.C. 04: Guile


  • Official Street Fighter Figure
  • Non Scale Pre-Painted Figure
  • Material: PVC and ABS
  • Size: 230mm (width), 170mm (height), 130mm (depth)
  • Includes Sonic Boom LED light and sound effect.
  • Fixed pose and no assembly required.
  • Stand uses 3 x AAA (not included)
  • Officially licensed by Capcom
  • Limited availability 

Buy Street Fighter T.N.C. 04: Guile from
Use the code "BIGBOYSTOYSHK" during the checkout process to get US$ 8.00 off your order.

Sunday, December 14, 2014

Now Available - New Nintendo 3DS XL/LL


  • Improved stereoscopic 3D than previous devices
  • Backward compatible to Nintendo DS and DSi
  • 4.88" screens and analog 3D stick and C-Stick, extended battery life, better Wi-Fi support
  • 3D Camera included
  • 3DS uses parallax barrier LCD from Sharp
  • new ZR and ZL shoulder buttons
  • SNES color scheme A, B, X and Y buttons
  • Micro SD card slot for additional data storage

The New Nintendo 3DS features a better CPU than previous models allowing for faster eShop browsing and downloading. It comes with a built-in NFC on the bottom touchscreen for the upcoming launch of the amiibo NFC models, while sliding custom covers come with the device, allowing owners to customize the hardware.

The device is based on a custom Pica200 graphics processor from a Japanese start-up Digital Media Professionals (DMP). It has two screens; the top screen is a 3.53-inch 5:3 3D screen with a resolution of 800x240 pixels (400x240 pixels per eye, WQVGA) that is able to produce a stereoscopic three-dimensional effect without 3D glasses, while the bottom screen is a 3.02-inch 4:3 non-3D touch panel with a resolution of 320x240 pixels (QVGA). The 3DS weighs approximately 8 oz. and, when closed, is 5.3 inches wide, 2.9 inches long, and 0.8 inches tall. The system features several additions to the design of the original DS, including a slider on the side of the device that adjusts the intensity of the 3D effect, a round nub analog input called the "Slide Pad", an accelerometer, and a gyroscope. In addition, there is an infra-red communicator port situated on the top of the unit. The 3DS has two cameras on the outside of the device, capable of taking 3D photos and capturing 3D video, as well as a camera positioned above the top screen that faces the player; both cameras have a resolution of 640x480 pixels (0.3 Megapixel). The system also has 3D movie playback capability. Compatible with both Nintendo DS and DSi games, and a new generation of 3DS games.

Buy New Nintendo 3DS from

3DS Holiday Gift Guide - Top Games of 2014


I recently bought a 2DS to play its extensive library of games. I wanted to get a few new releases as well, though it seems that there are not many good titles for 2014. After researching various gaming websites and magazines, I picked these up for Christmas. Every single one of them was worth my money:

1. Super Smash Bros. 3DS


This is one of the best fighting games of the year and there is plenty of content to keep you busy. This game is ideal for multiplayer and I would recommend the Wii U version if you own the system. Smashing is more fun on a big screen in a room of friends.

Buy Super Smash Bros. for Nintendo 3DS from
Super Smash Bros. for Wii U
Super Smash Bros. for Wii U with White GC Controller and Adapter ( Bundle)

2. Pokemon Omega Ruby/Alpha Sapphire


I had a hard time deciding between this or Pokemon X/Y. In the end, I chose this as I have not played Ruby/Sapphire before and it has the graphical and gameplay enhancements that made X/Y great. It introduces mega evolutions for the first time.

Buy Pokemon Omega Ruby from
Buy Pokemon Alpha Sapphire from

3. Theatrhythm Final Fantasy: Curtain Call


The original game was good and this one improves upon the original. I enjoy music games and have played most of the Final Fantasy series. This one brings back the good memories of the past.

Buy Theatrhythm Final Fantasy: Curtain Call from

4. Persona Q: Shadow of the Labyrinth


RPGs are time consuming, but I have no regrets with this one.

Buy Persona Q: Shadow of the Labyrinth from 

 I hope you found my list useful. Thanks for reading!