Do online contribution to Medisave and get $88 Ang Bao.

"For those under 65, the Basic Healthcare Sum next year will be S$54,500, up from S$52,000 previously, the authorities said." Sou...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.


"E-book" by AK

Second "e-book".

Another free "e-book".

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Get paid for (or get dividends from) blogging?

Friday, March 16, 2018

Someone asked me if I get paid for blogging?

More specifically, he asked if I get paid for promoting "Dividend Machines".

My answer?

Yes, of course, I get paid.

The blog on "Dividend Machines" was labelled "Advertorial".

Anytime you see a blog labelled "Advertorial", it means the blogger will receive a fee.

OK, not all bloggers would do this but honest bloggers would.

I was prepared for some nasty remarks from him as I know there are people who are unhappy with bloggers being paid to blog. 

I really don't want to go into a debate on the subject.

It isn't a productive use of my time.


Spending hours each day in the virtual world of an MMORPG is a productive use of time?

Ahem. Weather today nice right?

Bad AK! Bad AK!

So, you can probably understand that I was pleasantly surprised when, instead, he asked why am I not blogging more regularly if I get paid to blog?

Apparently, he is thinking about becoming a blogger to make a living and is trying to learn from my experience.

I told him quite bluntly don't learn from AK.


I did not give him the usual "AK is lazy" type of reply because something like this should be addressed seriously.

AK is a hobbyist blogger which means blogging is a hobby and if I do make some money blogging, it is a bonus.

There are bloggers who blog for a living and he should learn from these bloggers instead if he wants to make money as a blogger.

Who are these bloggers?

Don't ask me lah. I blur.

Having said this, I believe that blogging in itself is not a good way to make money but it can help someone with products or services to sell.

AK has no products or services to sell.

AK is, however, helping to promote "Dividend Machines".

Yes, I get paid for doing this but, frankly, I believe in this product and the people behind it so much that I would do it even if I were not paid to do so.

Since I am on the topic, for those who are interested, the 2018 intake for "Dividend Machines" will end 2 days from now on the 18th.

If you are clueless about investing for income or would like to polish your skills, the sooner you learn more, the faster you would achieve your goals.

Everyone should work because they want to and not because they have to.

Investing in income generating assets will go a long way to help achieve this.

I know this for sure because I have done it and, for sure, so can you.

My blog on "Dividend Machines":
Create Dividend Machines in 2018.

Sign up: HERE.

Pay less income tax in future.

Monday, March 5, 2018

It is that time of the year again.

Remember to file your income tax.


Taxes are a necessary evil because a country's revenue is from taxes and a country like any modern day entity needs revenue to be viable.

So, if we have to pay some taxes, we are contributing to nation building.

Not a bad thing, really.

However, if it is possible for us to pay less income tax, why not?

I am talking about doing it legally, of course.

As I don't have any significant earned income anymore, I don't pay any income tax.

When was the last time I paid income tax?

You might want to read it: HERE.

Investing for income has helped me to increase my income but not my income tax and you can do it too by creating dividend machines: HERE.

Related post:
Income tax payable.

Creating Dividend Machines in 2018!

Monday, February 26, 2018

I have not been blogging much as I have been spending a lot more time on another hobby.

I know many people are envious of me.

"Wah! Can spend so much time playing games online! So jelly!"

Well, I believe anyone who is not severely disadvantaged could do it too.

It doesn't have to be playing games online per se, of course.

All of us could free up time to do things we enjoy instead of exchanging our time for money working.  

Of course, regular readers know one very important reason why I am able to do this is because I invest for income.

Many readers have asked me to teach them how to invest for income and some specifically asked me to teach them how to invest in REITs.

I would tell them that I do not think I am good teacher material.

OK lah. I admit lah. 
AK is lazy lah.

Anyway, many readers don't seem to learn very well through self study.

For them, to learn effectively, it seems that they need a structure.

So, thank goodness, structured learning is available!

Also, thank goodness it is available at a very affordable price.

Yes, not everyone is charging an arm and a leg to impart investment knowledge.

Want to learn how to invest in REITs and non-REITs for income?


If your answer is "yes", sign up for this year's Dividend Machines: HERE.

Limited places available, as usual.

So, fastest fingers first.

Do you want financial freedom?

Of course, you do!

Remember, if AK can do it, so can you! Believe it!

Create Dividend MachinesHERE.

Chinese New Year of the Dog (2018).

Thursday, February 15, 2018

This is going to be a quick blog post before I head back to my parents' place for dinner.

It is time for Reunion Dinner again.

"Ah boy, come back earlier for dinner, OK?"

"(Playing Neverwinter) Yes, mom."

"Er, you sharing any 4D in your blog? Any zhen zhi?"

"(Busy killing cyclops) No inspiration this year wor."

Now, I wonder what was my mom's primary reason for calling?

Yes, I know.

Bad AK! Bad AK!

Anyway, I know I haven't been blogging much but I really don't have anything new to say anyway.

Mr. Market seems to be in a slightly depressed state and I have used the opportunity to buy some SingTel and Wilmar from him.

Of course, I do not know if prices could go lower.

I only know there is a lot more value after a 10% correction in their prices.

I invest mainly in relatively strong companies for income and I know that they will pay me.

That is what really matters to me.

I have received some emails from readers who are concerned about prices falling and I will tell anyone feeling the same way that if they do not have the stomach for volatility, stocks might be a bad place for their money.

We are all wired differently and if we want peace of mind, we must know ourselves.

Having said that, take a break and have a happy Chinese New Year!

Woof! Woof! Wang! Wang!

As we grow our wealth, always remember that there are more important things in life than money.


Related posts:
1. Don't have to be smart. Be rich.
2. What to do when prices fall?

We must pay a premium for "best" healthcare.

Wednesday, February 7, 2018

Reader says...
I would like to ask you regarding H&S insurance. I have spoken to a few agents to understand more about the H&S products that they are offering.

They would frequently mention “Do you want to stay in private for the best healthcare?” “With riders, you don’t have to worry about co-insurances or deductibles..”

Sounds enticing but I got a shock when I looked at the premiums I have to paid in the long term run and also, I am wondering how am I be able to pay for the premiums once I stopped working in the future. Premiums are highly likely to increase in the future.

So, I asked myself do I really need the ‘best’ healthcare? I am quite contended with decent healthcare that has government subsidies.

As such, I thinking of getting a H&S + rider that has coverage for B1 and below.

The reasons being:
• The premiums paid in the long run is still within my range

• I don’t want to be slapped with a huge bill that cannot be claimed and end up worrying about it

• I hope to have affordable out-patient treatments as a subsidised patient. As some illness need permanent follow ups and not everything can be claimed. 

For Ward B2 and below, one will be considered as subsidised patient. The rest will be considered as private

Can I ask for an unbiased third party view? I am ok with staying in B1 and below + decent healthcare from the public hospital. 

Do think the coverage is sufficient for my requirements? Or am I missing something? Thanks for talking to yourself again.

AK says...
If you are OK with staying in B2 or C ward, then, you only need Medishield Life.

If you wish to stay in B1 or better ward, then, you need a private shield plan.

I am inclined to believe that a higher class ward will provide a more comfortable stay which could help promote recovery.

However, whichever class we are warded in, I believe that we would have access to the same quality of healthcare. :)

Related post:
Is my insurance agent scaring me?

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