I remember a very interesting incident when I was in primary 3. It's still vivid like it happened yesterday.
One of my classmate asked our teacher why his mother pushed him into the sun when he tried to seek shelter under the shade of the umbrella his mother was carrying?
Quick! Don't think.
What's the spontaneous answer that pops in your brain right now?
Now scroll down for what the answer our teacher gave him.
Our teacher was caught a bit off guard. She thought for a while and replied it was because my classmate's mother wanted her son to get vitamin D from the sun.
Huh?
As I grew up, I found out that what my teacher replied was scientifically correct. But I still feel that's not the answer. Hence this incident left a strong impression even until today.
What's your answer?
Was it spontaneous or like our teacher, you thought about it first.
There's no right or wrong answer as none of us is the mother.
What's my spontaneous answer way back in primary 3?
The mother wants her son to grow up be a man.
Saturday, 31 May 2014
Thursday, 29 May 2014
Zip up your mouth!
Have you experienced big quarrels at a funeral?
It's usually started by a "well-intentioned" close relative or sibling who question how you - the caregiver - should handle the funeral.
Where were they when the deceased were alive? Sure, now they would like to make the funeral a big grand bombastic affair for the whole word to see how close or "filial" they are now to the deceased. Spare no expense! They can chip in!
Notice they never say they will foot the bill 100%? Just their "fair" share. And they get all the publicity.
Have you been in a hospital waiting anxiously outside the operating room and guess what? Yes, a "well-intentioned" relative or friend will surely say:"How can put ah boy at this public hospital? Class B2 some more!? I know this private hospital have the best specialist for this kind of illness. I give you the number to contact."
People already worried enough and you have to put them through this "guilt" treatment? So are you going to pay for all the medical expenses at the private hospital you recommended? Just as I thought.
During CNY gathering, the relative you only see once a year say this to your face in front of everyone: "Ah girl! You 35 already; still not married? Faster! Don't be choosy. Wait too old to have children you know?"
Feel like slapping this kaypoh right? But cannot. This person your "senior".
If you strike Toto, believe me you, there will be lots of "experts" coming out of the woodwork that will "advise" you how to spend, how to invest, etc. As if they are the ones who have struck Toto?
If a love one has just died, and you are now in possession of a big sum of money through insurance policies you love one has bought. This is not the time for you to make too many financial decisions.
You may want to chase away all those kaypohs (busy-bodies) and put that money in savings account. Wait till you have done grieving - it may take weeks, months, or years. Draw from this account for living expenses, where needed.
Let the money "rot" earning almost no interest. Better this than to lose everything through a dumb move.
Only when you have the presence of mind and a calm heart do you start making financial plans for yourself, and your children, if any.
Seek counsel through you own volition.
In a confused state of mind, it's much harder to tell the vultures apart from the angels.
If we are known to be wise, people will come to us for advice.
Meanwhile, zip up our mouths!
It's usually started by a "well-intentioned" close relative or sibling who question how you - the caregiver - should handle the funeral.
Where were they when the deceased were alive? Sure, now they would like to make the funeral a big grand bombastic affair for the whole word to see how close or "filial" they are now to the deceased. Spare no expense! They can chip in!
Notice they never say they will foot the bill 100%? Just their "fair" share. And they get all the publicity.
Have you been in a hospital waiting anxiously outside the operating room and guess what? Yes, a "well-intentioned" relative or friend will surely say:"How can put ah boy at this public hospital? Class B2 some more!? I know this private hospital have the best specialist for this kind of illness. I give you the number to contact."
People already worried enough and you have to put them through this "guilt" treatment? So are you going to pay for all the medical expenses at the private hospital you recommended? Just as I thought.
During CNY gathering, the relative you only see once a year say this to your face in front of everyone: "Ah girl! You 35 already; still not married? Faster! Don't be choosy. Wait too old to have children you know?"
Feel like slapping this kaypoh right? But cannot. This person your "senior".
If you strike Toto, believe me you, there will be lots of "experts" coming out of the woodwork that will "advise" you how to spend, how to invest, etc. As if they are the ones who have struck Toto?
If a love one has just died, and you are now in possession of a big sum of money through insurance policies you love one has bought. This is not the time for you to make too many financial decisions.
You may want to chase away all those kaypohs (busy-bodies) and put that money in savings account. Wait till you have done grieving - it may take weeks, months, or years. Draw from this account for living expenses, where needed.
Let the money "rot" earning almost no interest. Better this than to lose everything through a dumb move.
Only when you have the presence of mind and a calm heart do you start making financial plans for yourself, and your children, if any.
Seek counsel through you own volition.
In a confused state of mind, it's much harder to tell the vultures apart from the angels.
If we are known to be wise, people will come to us for advice.
Meanwhile, zip up our mouths!
Tuesday, 27 May 2014
Value Investing is not about buying Cheap
First let's get it straight, I'm not a "value investor" - I not cerebral enough.
But if I would like to jump into a "buy the bounce off the bottom" trade, it would be very comforting to know my entry price is also where the value investors are lurking to buy. It's always good to have the wind behind my back.
Hence, it helps to know "how" value investors think. Come to think of it, I don't trade equities; I trade people (to be precise, it's sentiments).
Below is a link to a very good blog post and summary of Warren Buffet's sharing of his biggest early mistakes.
I would recommend 2 groups of people to read it.
1) Swing Traders who like to trade the bounce off key supports (sharpening the saw).
2) "Value investors" who think they know Warren Buffet (it's what you think you know that ain't so that hurts you the most).
But if I would like to jump into a "buy the bounce off the bottom" trade, it would be very comforting to know my entry price is also where the value investors are lurking to buy. It's always good to have the wind behind my back.
Hence, it helps to know "how" value investors think. Come to think of it, I don't trade equities; I trade people (to be precise, it's sentiments).
Below is a link to a very good blog post and summary of Warren Buffet's sharing of his biggest early mistakes.
I would recommend 2 groups of people to read it.
1) Swing Traders who like to trade the bounce off key supports (sharpening the saw).
2) "Value investors" who think they know Warren Buffet (it's what you think you know that ain't so that hurts you the most).
Warren Buffett: These were my biggest early mistakes
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