Early Adopters and Laggards

 

Those of you whole have studied Marketing should know this Diffusion of Innovation Theory chart below:

We too can use this theory when it comes to investing, trading, and speculations - any poisons and vehicles also can!

Next time you buy a stock, ETF, bond, or even contemplating joining the 1M65 crowd, ask yourself, where do you think you fit on the chart above?

Are you the early adopters? (Yeah, you're the influencer or opinion leader)

Part of the early or late majority? (The parrots; the copy cats; you jump, I jump)

Or are you the laggards? (Don't believe, don't believe...Then FOMO!)

Eh... Why did I leave out innovators?

Let's get real lah. If we are innovators, we'll won't be here at this watering hole! Tio bo?

If we wear the white hat, we would be so busy as entrepreneurs at our startups...

If we wear the black hat, where got time to read blogs when we constantly need to come up with "new bottle; old wine" scams to con bei kambings?

I'm not going to write too much on theory. You know, a summary of a summary of a summary... 

Those of you interested in the Diffusion Theory in greater depth would do better to go direct to the source instead! 

People study this in universities OK?

Some of you are probably using the Diffusion Theory already in your investing right now. If you feel like sharing, come share!

Some may be seeing this Diffusion Theory Chart for the first time... (You may want to reflect on it if you invests or trades a vehicle that's completely new to you, but others know it inside out...)

I'll start first!

You know why I blog and read investing/trading blogs and forums?

It's to spot early adopters and laggards.

I use them as my "qualitative" indicators. Wink.

Your turn!

 

I'm Happy like the Owners on the 48th floor of that $1.4 million HDB 5 room flat!

 

By now you should be aware of the 5 room HDB flat that was sold for a record $1.4 million.

HDB flats now can go all the way up to 48th floors! Power or what!?

Of course I'm not surprised. 

Have you forgotten 2021 was a good year for property sellers? Landed, condo, HDB resale, all prices went up!

You think why big daddy came out with the property cooling measures?

When you've made money (earn more), whether its downgrading or upgrading to this 5 room HDB flat, you don't really need to "eat water-melons all the way to the green bits"...

If want to have global recession, please have it within these 1 or 2 years... Then I got 8 years of runway for the recovery play off the lows.

Why?

Because I need to make a decision on my 65th birthday 10 years from now regarding my current HDB 3 room flat. I intend to squeeze blood from the HDB subsidy cherry by having my 3rd bite. Wink.

And the last thing I want is for year 2032 to be like 2003... If can, I would rather 2032 be like 2021! 

I can only wish! 

LOL!

 

Its OK to Sleep Late - you are more Creative, Smarter, and Beautiful!

 

Not I say one!

Love to sleep in? Science says its because you're creative

Creative people sleep more, later, and less well

Good news from science: night owls are smarter and more creative

LOL!

Early risers, hope you've a sense of humour and can take a poke. You belong to the horde, school, flock, and pride. So don't go "triggered" on me!

Just like there are left-brained people, there are also right brained people.

Sometimes in our "enthusiasm", we often make the mistake of assuming there's only one way to Rome - what works for me must automatically work for others!

Long, long time ago, during my early days of story telling, I wrote this Grasshopper and Ant story that set the tone for this watering hole - its OK to be different.

If you're a penguin, stop listening to people telling for you to succeed, you need to soar up high in the skies...

Fish friend, yes you! Why do you set goals and plans to climb trees? I know that's what monkeys do, but have you looked into the mirror lately?

Little swan, don't feel awkward and self-conscious just because you look different from your duck friends. Embrace yourself. You're beautiful in your own way.

Oh! I've left out beautiful, haven't I?

This one no need "experts" to tell us. 

I can tell all the beautiful ladies out there are smiling...

And guys lucky enough to wake up to the company of pretty women, you know I know right?

They sleep like pigs in the mornings, but boy! They sure are scintillating in the night!