Author: BULLy the BEAR

Surviving vs Thriving part II

I talked about thriving and surviving in this post here. That theme keeps creeping into my mind in the quieter hours and I thought more about it. Decided to post it here to further consolidate my thoughts on this subject matter. There are three categories here: 1) not surviving 2) surviving but not thriving 3) thriving Basically these are states which describes your level of excess mental and physical energy. Not surviving means you don’t have enough physical and mental energy. Surviving means you just have enough and not much to spare. Thriving means you have more than enough....

Read More

11 questions from Tribe of mentors

I’m about to start reading on Tim Ferriss’s Tribe of Mentors. If Tools of titans is a great encyclopedia of self help knowledge, I think tribe of mentors wouldn’t do much worse. Tim went ahead to ask several people the same 11 questions, which are listed down below. Since I haven’t start reading, I thought I will try to answer them first so that I get more out of reading what others have to say. So, here’s my answers to the 11 questions: 1, What is the book (or books) you’ve given most as a gift, and why? Or...

Read More

Did you give away your equity freely?

I wanted to share this idea regarding child caring. The default way these days is for both parents to work while hiring a foreign domestic worker (or two) to take care of the kids. That is the most economic and financially savvy way. Hiring a domestic worker is much cheaper than going to infant care or child care, and have more utility. That is also the reason (I suspect) why my mum-in-law insists on wanting us to hire one. I vehemently refuse. I seek to explain why here. But let us go to a separate domain of raising capital...

Read More

FIRE

Wanted to share my thoughts on what is meant by FIRE. I’ve a disclaimer here – I’ve not read a single piece of literature on this subject matter and I’m simply deconstructing the word based on what I’ve read about the components and piecing it up together. So, if I’m wrong, don’t get so hot and start flaming me and set me on fire for anyhow firing an article on fire. FIRE does not mean financially indebted, retired early. It stands for financially independent, retire early. Let’s break up into the two parts : financially independent and retire early....

Read More

Feed the fish, or fish to feed?

Ever since I became a parent, every day I have to think about choices and its implication. I often wondered about my role as a parent, and thought about whether I am making the right choices right now that might affect my son in the future. So sometimes, I feel guilty that I am relaxing in front of the tv, instead of teaching some stuff to my kid. You know, stuff like that. As a parent, my role to my son is two-fold: 1) Make sure he survives, so that will include feeding, bathing, changing his diaper and be...

Read More

Indifferent to the difference between needs and wants

Today I was chatting with some members in the Bigscribe facebook group regarding fixed and variable income. It’s just the usual banter that happens daily, so it provides an environment where you get saturated with how to build wealth and generally live a good life. Like diffusion and osmosis, you have no choice but to be the average of the 5 people you hang out with. But that’s not the point of this post. I was reflecting on my journey regarding the separation of needs and wants. You know the usual rules when it comes down to controlling expenses,...

Read More

Portfolio sector breakdown

The market had been down in Feb and I had been spending my cash to whittle it down to a manageable level. If not, the cash will be like a runner wearing parachute while running. It’s safe but it’ll drag me down. I took stock of what I had and what the different sector allocation relative to each other. It’s right below in the pie chart. Take note that the percentage is based on capital allocated and not based on market value. You might not agree with how I labelled the different companies in my portfolio though, but that’s...

Read More

1 yr of parenthood

My son is almost 1 year old now and we had a small celebration over the past weekend with family. I thought it’s a great time for me to reflect on life as a parent in the past year or so. Here are some thoughts about it: 1) Loss of control of personal time When we go from one stage of life to another, there will bound to be inevitable changes. From singlehood to dating couple, to married couple and eventually to parents…all these are major milestones in life. As a married person without a kid, I think it’s...

Read More

Books read in 2017

In 2017, I didn’t fulfill my goal of reading 52 books a year. The number of books that I had read is a far cry from my goal. I had read a total of 11 books, and that is all. The reason for this is the lack of energy, time and commitment because I had a child. Whenever I feel I feel I have the energy to read, there will be a nagging feeling in my mind that I’m not doing my duty as a father. Could I have missed some important development that I would regret eternally by...

Read More

Reflection of my Bangkok trip 2018

Me and my wife went to Bangkok for a short trip, but without our baby boy. It was a break away from him and really a morale booster after not having gone for a trip for almost 2 years. It wasn’t the first time we’re in Bangkok and a few thing have changed. Firstly, we went to a pretty good hotel that costs more than usual. The hotel is located right at Central world, so for the first time in so many trips, we didn’t have to take any cabs at all. It’s either walk or just take a...

Read More

Reflection of 2017

Today is the last day of 2017. Like previous years, I will grow reflective and think what I’ve done in the past year. I usually begin by asking questions to myself (and everyone) whether the year 2017 is a good year or not, and how anyone would grade this year out of 10. This year, I imagine having a conversation with myself, sort of an interview between me and myself. Interviewer: I Myself: M I: I’d like to ask you this question. How would you grade this year 2017 out of a scale of 10? Can you share how...

Read More

30 things that I realised in 2017

1.You don’t know how tired you can get until you are a parent. It gives me a new perspective and now see my own parents in a different light. 2.If you don’t want to complain about work, have a kid. You will also see work in a different light because you can finally be ‘in-control’ of your life. You might even volunteer for OT. 3.Babies are manipulative little creatures. They flash a smile, and you suddenly forgot you haven’t slept well for the past year, clearing their shit and feeding them in the wee hours of the day, and...

Read More

Planning your end game after FF

There is a reddit share about a person in the US who had already reached financial independence without being married and having kids, but had a lot of other non-financial issues to deal with. For example, he talked about how to let his close family and friends know about his new found status, yet he does not want to lie about it. He has issues with being honest with them without being taken advantage or being probed at. There is also the existential issue about what else he is going to do with his life. This arises mainly because...

Read More

Networth update in 2017

Another year is almost coming to a close. This year is yet another fantastic year for me. Every year seems to be fantastic to me, so either I’m delusional or I’m really happy with my life. I’m going for the latter haha! The last time I did my networth update is around the same time last year, back in 2nd Dec 2016 here. To clarify, this is my networth, not the networth of my household. There are so many ways to calculate networth, but I’ve always done mine this way. It’s essentially assets minus liabilities but how you define...

Read More

I’m officially retired!

I’m officially retired…for the year. Due to the nature of my job, I have about 2 to 3 months of relatively free work. It’s my eat-grass season and my winter month. This obviously affects my income, because I’m probably earning like 20% of my ‘normal’ months. Every year, I’ll face this forced retirement and I’ve come a long way to deal with the uncertainty and the emotions that comes with it. This article will share my thoughts about the emotions of retirement. I must say I’ve not retired for good, but I’ve plenty of experience on retirement. All 15...

Read More

Like us on Facebook

Follow us on Twitter