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Thursday, 19 January 2017

无为 - Non Action

无为而无不为 - “The Tao never strives, yet nothing is left undone.”

Again, sometimes its good to remember our 5000 years of Chinese wisdom passed down through the ages.

You may already be practicing it without knowing the philosophy behind it - that's even better!

Our Singaporean blogger working in Taiwan is example of living without measurement or goals:

If eating 70% full is already part of your dietary habit, and a jog every evening is part of your daily lifestyle, do you still need weight loss goals or count and track your calorie intake?

In the Corporate world, we call it Systems or Processes.

Once systems or processes are in place, we don't meddle with it until its broken!

We track and measure and use SMART goal settings at the beginning of a journey when we don't trust ourselves...

Not sure whether our motivation is just another one of those "3 minutes' worth of passion activities" that we often start but never finish...

Or when our new activities have not become 2nd nature like in habits or lifestyle choices.

Once we have crossed the river, why do you still need the sampan?


Tuesday, 17 January 2017

Is this why Millennials want to seek Financial Freedom by age 35?

If you have 15 minutes, you may want to watch this video and reflect.

It has nothing to do with investing or trading (or does it?), but I think there are some parallels on how financial bloggers and their readers behave in our community.

1)  What's with the trend of young adults just starting work already making goals to be financially free before age 35?

You wonder whether its an euphemism just to mask their failures to cope in the corporate world... Investing to "escape"?

Since they have no freaking idea what to do with their lives, financial freedom becomes a convenient temporary "excuse"? At least now they have some "purpose" in their lives!

Notice some bloggers start their blogs at the lowest point in their corporate careers or were between jobs? (I'm not making any judgement, just pointing out what I see)

Can you also spot the cognitive dissonance when they say they are investing for the looooong term, yet they want it all by age 35...

2)  Those of you near my generation can attest to it. When we form relationships, its through face to face interactions.

We go on dates to make sure the person we like is not "mental"...

That's also why we have business lunches and dinners to "size-up" our business partners. 

You can't fax a handshake or teleconference a congratulatory hug.

When we say friends, we don't automatically think of Facebook friends, do we? 

And definitely not someone whom we never met and only knew with an anonymous nick!          

Which reminds me, please don't Facebook me when I don't know you. Just because you've read my blog does not make us "friends".

I'm like woman; I need foreplay.

At the very least we must have a "relationship" in the comments section first lah!

3)  Why do I care? Because its profitable!

Self awareness of my own motivations so I can better select the "right" vehicle for myself is a given.

Knowing how millennials think and behave as a group may present interesting investment thesis and trading ideas for me to exploit.

If I want to hunt foxes and wolves, I go where the sheep are. Wink.


Saturday, 14 January 2017

Alternative to CPF Top-ups

Psst. Try this.

If CPF is paying 2.5% interests, while banks are paying less than 1% for savings accounts, why don't you pay up your housing loans using cash?

This way, you don't touch your CPF and you can enjoy the magic of compounding with higher interest rates?

Also, by not touching CPF for housing, you won't be "asset rich; cash poor" when you reach age 55 or 65.


Isn't this less cumbersome than using cash to top-up CPF and then use CPF to pay-off your housing loan?

A bit LPPL right? (No, I'm not going to translate what is LPPL)


You may scream at me.

You don't have an Emergency fund (that by definition means liquid asset, not far water kind) that can last you 2 years of unemployment...

Ask your uncles or older cousins who got retrenched during Asian Financial Crisis of 97 if you think 2 years is too extreme.

And you haven't build up your Opportunity fund of size yet...

To double your investment portfolio from $100K to $200K is one thing. To do the same with $10K is another concept altogether, even though in percentages they are the "same".


I see your point now...

If I want to do CPF top-ups, I shouldn't be using CPF for housing or education or whatever reasons right?

Especially if I like the 2.5% and 4% CPF "risk free" interests so much?


Now my conviction is shaken... Should not have talked to you!

Why am I investing using CPIS when I am toping-up cash to CPF???

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