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On FIRE, investing and suffering
By Growing your tree of prosperity  •  January 27, 2022
This is a very good time to talk about suffering because most of our portfolios are down.
Tech stocks in both China and US are probably experiencing the most pain and this is likely to sustain as interest rates begin to rise and we're starting to see threats of war in Ukraine. REIT investors have also been battered as of late as investors treat them like bonds although I must say that the effects on my portfolio are minimal given that my banking stocks allocation is currently holding up to minimise my damage.
Although I'm losing money every day and feeling some pain, I'm really enjoying this because the cockier Tech investing bros are absolutely getting thrashed, currently licking their wounds, and hiding at the moment. I also expect to relish the idea of commissioned FAs who brought focused tech-based portfolios to their hapless clients trying to explain their strategies to them.
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By Growing your tree of prosperity
I have recently completed my Juris Doctor and I am waiting to be called by the Singapore Bar. For the past 15 years I was an IT manager and I have worked in multinationals, financial exchanges, trade unions and even a government agency. I started my career as an AS/400 administrator and moved on to manage IT projects and operations
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