Author: Growing your tree of prosperity

Huzzah !!! Time for guys to spend NOTHING on Singaporean women !!!

I would like to build on Budget Babe’s very interesting rant on The Real Singapore. In this very exciting article Budget Babe extends the idea that it is not prudent to for Singaporean men to spend too much money to impress women. As a financial blogger of the Income Investing school of thought, I want to take Budget babe’s ideas further and insist that guys pay NOTHING when dating Singapore women. Ok… That’s not very honest of me… I’m proposing that guys pay nothing out of their salaries on Singapore women because dating can be free if you employ...

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Downside of financial independence.

Initially, I wanted to put up a piece on who the Child in the Basement really is. I wanted to talk about the problems of trying to frame social ills by telling a story and how it distorts the issue for everyone, Then I became so tired that perhaps I should blog about something much simpler that more people can relate to. So this will be short post. A lot of people speculate about what happens when someone reaches financial independence. Does the person turn good and end up doing a lot of charity work ? Or does the...

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What are the first principles in Investing ?

The awesome thing about the finance blogosphere in Singapore is that bloggers can build on each other’s ideas. BigFatPurse has put up a really good article on first principles and why it can often be better than just employing analogies.  While it does not apply to every domain I know, analogies are not particularly good in investing. Many investors like to talk about Warren Buffett but forget that he can takeover entire companies and fire managers which destroy value, this has the effect of unlocking value from the stocks that he buys. Retail investors like us will not be...

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Which periodicals do you read ?

Just a short article today, it’s been kind of frustrating that I have to rush my readings tonight for tomorrow’s lesson, I was not aware of the readings until this afternoon and I am not the kind of guy to do work last minute. Just want to share the periodicals I currently read : a) Business Times and the Edge. Local investors should do their best to read these two periodicals on the local market scene. Having no money to invest for about 10 more months makes reading this no longer mandatory. I continue to read the Edge to...

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Power of the dual-lawyer family.

Some law students are like oxygen molecules, they form covalent bonds very quickly.  After one semester, it comes at no surprise that couples have started to form in class. While I think that teasing is not a necessary part of campus life – I am certainly happy for my classmates who are now happily attached to each other, it would be interesting to examine what i would think is the most potent couple combination in class. The lawyer-lawyer couple is, financially one of the most potent combinations you can form in Singapore. This may have far reaching consequences for...

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Functionalist perspective on the attainment of Financial Independence.

The primary reason why I avoided the study of Humanities when I was younger was mainly because I do not like the idea of getting lots of B’s when the report card gets handed back to us.  The secondary reason, which also explains why I do not have great luck with Arts girls when I was an undergraduate, is that I have a very utilitarian and pragmatic philosophy of life. Like many engineers, I am not only vulgar in my words, I am vulgar in my outlook of life. Here’s hoping Law school can change that. Imagine that you...

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One year after leaving the workforce !

Wow ! Since Christmas, my life has been a series of milestones. It has been a year since I left the workforce, and it’s been so long I am probably not even classified as someone as someone who is unemployed any-more. instead, I am now someone who is no longer participating in the labour force. The economy has really changed a lot, I’d just like to speak about two trends which was not anticipated when I quit my job last year at about the same time. a) SIBOR is up. Real-estate bulls are in for a beating of a...

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At 40, I have no doubt that Confucius is wrong !

One of the WTF moments I had turning 40 is that I had the luck to know of Confucius very ancient ideas of personal development earlier to see if it is possible to compare my personal development with the Great Confused One. I was not surprised that this effort made me more confused. This was taken from Analects 2.4. At 15 I set my mind on learning; by 30 I had found my footing; at 40 I was free of perplexities; by 50 I understood the will of Heaven; by 60 I learned to give ear to others; by...

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Countdown to 2015 – Create Systems, not Resolutions.

As we approach the new year, I start to find myself busy again. SMU has started spamming the readings for the next semester and I’ve been finding that I’m spending more time clearing the cases for the upcoming semester, so this has not been very much of a break in spite of being a month long. After working on getting my condo into a livable state, things have been so comfortable that I have not been able to travel our of the country before school reopens. Hopefully, I would be able to budget for some travel during the next...

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About to begin my fifth decade….

Tomorrow, I will celebrate my 40th birthday. Just some thoughts and reflections on the last decade of my life and what’s in store for me in my next decade. It has been a very productive decade leading to my 40th birthday. On the family front, I started dating, got married and became a dad within this time. More interesting, this is probably the most prosperous decade I would ever experience in my lifetime as I was able to accumulate a portfolio size which gives me a higher drawn income higher than my previously held job, which then opened up...

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Who wants to be a "Sergeant" ?

A class of problems in a modern urban city is that problem of “Who wants to be the Sergeant?” Why would a top A level student choose Engineering as a discipline when the pay of a technical professional lags a marketing or finance professional after 5 years ? Similarly, why would a medical practitioner choose to be a GP considering the gap between the salary of a GP and a specialist ? More likely, why would someone really smart and capable choose nursing, pharmacy or an allied health practitioner and play the sergeants and assistant to doctors. To a...

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Financial Independence as a Continuum.

Since my exams, I have been busy getting my EC ready as TOP occurred a couple of months ago. Most of my day has been spent moving my belongings from my parent’s place and assembling Ikea furniture. As we spend quite a fortune on conservancy fees, I was also retooling my exercise routine to ensure that my conservancy fees will result in a healthier life which will hopefully defray medical expenses in the future. This blog article is my first one from my new home. A lot of bloggers and the financial community have been very anxious and excited...

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Why Jack Ma is wrong about education and innovation.

Jack Ma joins the list of very successful billionaires who laments about the education system he has gone through and has spoken very convincingly of why the Chinese education system must change in order for the country to make progress. This is not a new idea. Einstein himself values imagination above knowledge. Many successful business men and even our own minister talks about the value of creativity and imagination in creating a vibrant innovation driven economy. In fact, I count a large part of my academic achievements not so much by my mediocre exam taking skills but mostly through...

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The Myth of the Self-Made man.

Wow ! It has been a while since I blogged. I’ve been busy on my first Law Exams which took me out for about 3 weeks, and after that, I’ve been playing Dragon Age : Inquisition and trying to move into my new condominium. It’s going to be almost a year since my last pay-check and it’s been quite a struggle maintaining my fiscal balance in 2014. I have to settle two semesters of fees and condominium furniture and appliances on a year of investment income and I’ve been barely making it with some of my counters declaring fewer...

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What can we learn from hipsters ?

The days get worse and worse for everyone in my class. We survived our double-whammy Friday where two papers become due within one day and I must say that my class-mates are really amazing with many not having any sleep at all over the past 24 hours. I think the worse is over not just for my class but for the markets as well. This is the time to stock up on equities for the Capricorn effect of 2015 ! Today’s article we explore the concept of hipsters. Why ? Because I can. I can’t find any hipsters in...

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