Tuesday, 6 October 2020

5 Easy Recipes to Food Prep to Save Money and Stay Home

In my previous article on the 5 tips on how I save more money, I mentioned about cooking my own meals. Preparing your own meals definitely costs much lesser as the ingredient alone are already cheaper as no extra expenses like rent, labour and utilities that the food store outside factor in.

I am always on the lookout for simple and affordable recipes and when I see one, I make sure to bookmark it to try it out.

This blog post will be to introduce 5 easy recipes that I found online that can be put together easily and fast.

15-minute Garlic Prawn Udon

15-minute Garlic Prawn Udon - Marion's Kitchen

This udon dish only requires 3 steps and the ingredients can be switched and easily found. Udon can be found from Daiso and that means a serving size of 4 in a packet for only $2. Making this dish is really affordable as you can switch the prawns to chicken or pork depending on your preferences or budget. Another similar rendition would be scallion noodles which is also affordable.

BEST Scallion Noodles Recipe & Video - Seonkyoung Longest

Korean Garlic Spicy Eggplant

Korean Spicy Garlic Eggplant Recipe & Video - Seonkyoung Longest

This is a vegetarian dish and I have actually tried this out myself before. It taste really good as the sauce is flavourful and the texture of the eggplant really soaks up the sauce and provides a nice compliment to it. Eggplants are also very affordable where they are usually priced from a few cents to a dollar plus depending on the size. Do note to try to get chinese eggplant where it is usually lighter in colour, more lavender-purple, and is sometimes longer as they contain lesser seeds and hence less bitter. Also, they are able to become softer much faster after the steaming.

Mapo Tofu

Mapo Tofu Recipe & Video - Seonkyoung Longest

I like tofu because it is so versatile, it can be panfried, fried, steam or in soup and sauces. Tofu is also a good source of protein. Mapo tofu is great because it pairs so well with rice (carbs!). This means you can easily finish your bowl of rice with a small portion of it. Also, you can add minced meat in as well to push up the flavour.

Tonjiru (Pork and Vegetable Miso Soup)

Tonjiru (Pork and Vegetable Miso Soup) 豚汁 * Just One Cookbook

A simple soup is a good dish to add, tonjiru is actually a soup dish that my brother introduced to me. When he was studying in UK, he used to cook this soup dish very often and said that he can cook it pretty well although I haven't tasted it till now. Soups are great because you can almost throw anything in and best if the weather is slightly chilly.

Japanese Egg Sandwich (Tamago Sando)

Sandwiches are great for those really rushing, you can make a large batch of the egg salad and just plonk it on your bread before you eat them. During the circuit breaker period, when most of my colleague were adjusting to the increased workload, many of them opted for sandwiches during lunch as it saves them a lot of time and bread can be purchased in a loaf so that loaf can last them for a few days.

If you are rushing for deadlines or have tight lunches, sandwiches are a good way to go though it's important to have a good meal once in a while.

Definitely, there is always the good ol' fried rice that is easy to prep and you can use all the leftover ingredients in your fridge for it. This post is definitely not money/investing related but it is also one of favourite topic, FOOD! I crave for certain food and love having late night suppers. Feeling very hungry as I am typing this out. What other recipes do you have and like to share?

Sunday, 4 October 2020

IPOs making millionaires around the world

Hi! So this week, I did up a video on IPOs and also used a new video software, trying out something new and different to see if it is something that is more interactive.

What exactly is an IPO? An IPO is an initial public offering refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors. This allows public investors to participate in the offering.

IPOs have been a huge thing recently, every company that is going to IPO, gets hyped up. Some companies are worth the hype but for most, it is really just because people have beliefs that the stock will grow because there are some heavyweight backers or the idea of the business sounds good.

In any case, recently Big Hit Entertainment IPO-ed and it is the largest listing in the last 3 years and I can understand why. BTS is really huge worldwide and so influential, them alone can carry the whole company. Big Hit priced the IPO at 135,000 won (US$115) per share. All seven members of boy band BTS have become multimillionaires as the CEO, Bang Si-Hyuk, gave each of the BTS band members 68,385 shares which are now worth $7.9 million at issue price. Bang owns about 43% of Big Hit, according to a stock exchange filing. The IPO has made Bang a billionaire.

Snowflake had a super crazy IPO as Warren Buffett's Berkshire backed it. Snowfake provides SQL data warehouse and breaks down its data warehousing architecture into storage, virtual warehouses (compute), and cloud services and customers can either pre-pay for its services or buy it on demand. Its competitors are said to be Amazon and Microsoft as it provides similar service like cloud services.

Not just in the US markets is there a IPO fever going on, in China as well where a new billionaire created every week by world's hottest IPO market. In China, at least 24 people have become billionaires this year through June from the country’s raging market for initial public offerings, including former teachers, accountants and software developers as 118 companies that went public in Shanghai and Shenzhen this year raised about $20 billion through June.

Stocks that have just IPO are volatile as they might be overly hyped up to get a good initial price hence usually after the IPO, the stock price will drop and slowly stabilise over the long term.

If you have confidence in a company's business model and can see it as a gem in the making depending on it's products or services, it is definitely good to get it when it IPOs otherwise you should always do your research and make sure it is what you want before you plunge your money in.

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 References:

https://www.investopedia.com/terms/i/ipo.asp
https://seekingalpha.com/news/3613488-snowflake-heading-for-blockbuster-ipo-berkshire-backing-key-fact

https://www.livemint.com/market/ipo/a-new-billionaire-created-every-week-by-world-s-hottest-ipo-market-11595559225962.html

https://edition.cnn.com/2020/09/28/investing/bts-big-hit-entertainment-ipo/index.html