Ferrying Sense & Dollars

I know, it's been a super long while since my last post. That's because I have given up on stocks with current drawdown of, so screw that liquidate all and put in the bank to rot.  Just Kidding, Equity is still my favourite investment class, just dealing with numbers, charts, probabilities, and the minimal need for HUMAN INTERACTION to profit! Unfortunately it's been painful to see the big drawdowns recently, with  the current inflation scare + Ukraine - Russia War, my Portfolio is REKT.   B ut fortunately I have holding power (Never invest with 'HOT' money) and convinced that I am invested in fundamentally strong company. So it'll be fine in the long run ( I hope).   Anyway I've been busy with my property journey of late, and I am glad I diversified into property. Being  middle income working class at my age, I essentially have 1 chance at any given time to own the right property with the help of BANK LOAN. And this window of opportunity diminish as I grow ...

 This post is going to be slightly different than the other finance-related content. This will be a part of the Sense series.  This is about how I did not even realise that my relationship has been on the rocks for months (years?). The only clue? Wife has been very short tempered towards me recently, and every single mistakes made, or answers not to her satisfaction will end up with me getting scolded. It was very taxing mentally as I have to tread around carefully in her presence, to the point that I would rather limit our interaction when possible because I keep thinking this is just a phase that will blow over, kinda like PMS? As it turns out, I was dead wrong and we ended up having a confrontation. Personally, I have always put a lot of emphasis on the mastery of self; Both mentally and physically. Only by operating at my best mental and physical capacity, will I be able to achieve the best result on my quality of life and to the people I care about. Over the years, I am a...

Apologies, i know this is long overdue, I've promised I will explain why index will always go up, that was 2 months ago. I finally got around to do it. A lot of people (my wife included) has the common misconception that investing in the stock market is no difference than gambling. We hear plenty of horror stories where people wiped out their entire life savings in the stock market. They are not entirely wrong, and those stories are true. MOST retail investors lose money in the stock market. So why am I so convinced that, when DONE RIGHT, investing IS NOT gambling? Because I’ve learnt and seen the data, the statistics that goes back for decades to justify investing. As I have mentioned all over my previous posts-> Link , One of the easiest and ‘safest’ way to invest while enjoying a decent return of about 8% on average is to dollar cost average into index fund (ETF) for the long term (10 years-20 years) Huh, what is ETF?  Didn’t your read my previous post?  Fine go ba...

  Just like religion, there are a lot of different beliefs and schools of thoughts when it comes to investment. Some believe in Equity, others in Government bonds, some swear by property, cryptocurrency, etc. etc. And even within those school of thoughts, there are countless sub-categories to each of them. For instance, Equity. some believe in picking stocks, some in ETF, then there are method to it, some believe in day trading, long term investing, fundamental analysis, technical analysis. Then for property there are industrial property, residential property,.etc. See what I mean? So many, how can we tell what is the one TRUE 'Religion' in investing. And the answer is, just like religion, you will have to explore and experience them yourself in order to find one that suits your style, your risk appetite.  Ok that's that! run along now and go splurge your money on whatever you think is good. Good luck out there. Yeah, I am not so evil to my readers, see the thing is, there ...

 Well, some people actually read this blog, so I guess I should start writing something more useful to do them justice. So gather around, I am going to show you how I actually make sure my kids can afford to go to University should they wish to. Or they can choose to be a Youtuber, influencer, content creator, etc. university degrees may not be that relevant in the future? But as parents it is good to be prepared, here is the steps to make sure the children can go to Uni Step 1: Make sure the kids learn German Step 2: Send kids to Germany because University is free even for International students The End, thanks for reading. Just kidding, but for real though. Gemany has free Uni education, my cousin actually went there and studied Civil Engineering. But of course you will still have to pay for living expenses etc. but definitely something to consider. So let me show you and the wife what I have been doing. I have started to set aside $600 a month for the kids. So that makes: $600 x...