Unless you also have a chauffeur, its more productive when taking public transport, you can work on the go.
Unless you are not using your own money, annual depreciation should be no more than 20% of your annual income.

20% of my monthly income is what I’ll feel comfortable spending on a car. It contains the car mortgage, petrol, road tax, erp, parking, etc. If only for operating expenses, 10% of my income would be acceptable.
What's more, share a advice I received before is that your car cost (COE + buying the car) should not exceed your annual income. Typically, car expenses in Singapore would be no less than 1.5k a month. To keep some buffer, ...

It is too expensive to own a car in Singapore, I would rather invest the money needed to get a car and continue to use public transport
I find it more convenient to take public transport as I can play games on my portable gaming console during the journey, can't do that if I'm driving
Also good to reduce carbon footprint by taking public transport

paying that amount on COE might as well use that amount to invest.

Since young, I have been told by my teachers that a car is a depreciating asset. Besides road tax, parking fees, ERP and petrol/electrical costs, it needs regular maintenance and will require repairs at one point or another. It is recommended not to spend more than 20% of one’s disposable income on car expenses. Although owning a car provides convenience (especially if one is laden with shopping or has young children or family members with mobility iss...

I try as much as possible to make fundamental data driven decisions when buying and selling. I still strongly believe in time in the market over timing the market but lately I have been trying out TA to catch the waves with some small success
What helped me make my trading decision was looking at the support level to determine my entry & resistance level to determine my exit. Looking at the inflow and outflow data also helps
Looking forward to next week when Nvidia will re...

Power..

The first half of 2022 is full of changes. The stock market swung wildly following the pandemic, the Russia-Ukraine conflict, and the Fed's interest hike and balance sheet reduction. On June 13, the S&P 500 index fell by 3.88% to 3,749.63, indicating US stocks entered a bear market.
Top Rising & Declining Sectors
The Biggest Gainer (2022 YTD): Thermal Coal
The thermal coal sector rose by 70% year-to-date, outperforming the market. The Russia-Ukraine conflict e...