We live in an age where DIY is common. There is no issue doing so, in fact here are some of the things you should take note. 1. Look beyond increasing salary When dealing with an uncertain future, the usual response is 'I gotta get a higher salary' 'I gotta change job' 'I gotta find … Continue reading What are the common blind spots in an amateur financial plan?
Rebalance: a systematic way of selling high and buying low. Question: When we do rebalancing, how do we know whether we are not selling off winners (high) to buy losers (low)? This question arises because we are used to buying more of the stuff that makes us money, and selling off the stuff that loses … Continue reading Interesting Financial Questions
Previously in my blog post: Capturing Upsides , I explained that capturing upsides is essentially investing as early as possible and letting it grow. That works in the long term in a growing economy. Today I will explain an advanced strategy which applies to short term in a volatile market. Volatile meaning a sideways trading … Continue reading Taking advantage of a volatile market
Once there was man named Ah Chong. His wife joined a homemaker entrepreneur's club. As a husband he was very proud. Most wives would have been contented being just a homemaker, but no, his wife wants to do business. Anyway the children have all grown up, what was the wife to do? Unfortunately, the wife's … Continue reading Stories of being in debt
”How many times have we said ‘this’ is it! Once I’ve achieved ‘this’, I will be happy. However once we achieved, maybe we will be happy for awhile, and then there will be the next... and the next... and the next... some people came to the conclusion that humanity always wants ‘more’ but actually, we … Continue reading How to satisfy wanting ‘More!’
WARNING! SPOILERS AHEAD! So we watched Black Panther, me and the missus. A common thread running through the various movie reviews is that it is a movie with a message or a movie with relevant commentary. Which is what a good movie does, it appeals to a deeper part of our psyche beyond the surface … Continue reading Black Panther Thoughts
In traditional Eastern spiritual practice, it is said that there are two paths to enlightenment. One path is Devotion, the other is Awareness. Devotion means to devote oneself entirely to a set of teachings and practices. For example, if the Guru say meditate, the student must meditate. Eat vege? Be sure to EAT VEGE. There … Continue reading Devotion and Awareness in Investments