After speed reading thru a child psychology book gifted by a client, I was struck by the recommendation to treat parenting as process-oriented rather than goal-oriented and I can see the similarities to sensible management and investment approaches. The book gave the example of a baby repeatedly putting on and taking off her sock on … Continue reading Process-oriented vs Goal-oriented
On the misconception of trading time for money and trading money for time
“Before diagnosed with C, my father was busy working, earning money. After that, he retired and tried to join in the family’s activities. Before he was always saying ‘you guys go ahead’, nowadays it’s always ‘where you guys going?’. It’s driving me and my siblings nuts!” - Ms W... One thing the family members always … Continue reading On the misconception of trading time for money and trading money for time
Attack On Titan and the psychology of Action
"And just like that, everything changed. At that terrible moment, in our hearts, we knew. Home was a pen. Humanity, cattle." — Opening narration “Sie Sind Das Essen Und Wir Sind Die Jager!” 1.You are the prey and we are the hunters. 2. Are you the prey? No, we are the hunters! The World of … Continue reading Attack On Titan and the psychology of Action
Stories we tell ourselves about market irrationality
One of the dangers of investing on our own is the abstract stories we tell ourselves about market behavior. Generally, at this point in time, the story is about the market’s “irrational” behavior. There are some stories about how value investing doesn’t work anymore. The investment models and numbers doesn’t map onto the market. There … Continue reading Stories we tell ourselves about market irrationality
Questions heard during a recent Robo-investing Seminar
Went to the Stashaway ‘Advance’ Seminar to listen to their in depth explanation of their investment strategy. Some of the FAQs I find interesting: Q1: Considering the market just rebounded, if I have a sum of cash, should I still invest lump sum or spread it out? Stashaway approximate answer: Have a plan, work out … Continue reading Questions heard during a recent Robo-investing Seminar
Property Slowdown
Recently someone expressed their remorse at having invested in a property. “House price didn’t move, cannot get rental, have to pay loan...” Normally this is when a good Financial Advisor will step in and advise “oh, a property is a good diversification to stocks, building cost usually inflation and increase price, blah blah blah” But … Continue reading Property Slowdown
What is Diversification?
Once, it happened, Ah Tan excitedly announced to his whatsapp group: “ I finally learned what diversification is! I’ve put my money across 10 over cryptocurrencies and only half of them defaulted, the others are safe! Luckily I diversified!” Abu, not to be outdone, announced:” Guys, guys, my diversification works! I’ve put money into 10 … Continue reading What is Diversification?
