Am I saving enough?
Quick question: Would it be easier for you to save 20% of your monthly income, or to live on 80% of your monthly income? In case you answered, “Save 20%,” you are just average (sorry for being so blunt) and might be…
Tag: Goal
You’ve got a minute …?
Even if you do, it would be better if you do not (ever) admit to having any “spare time” as our culture still revolves around one’s ability to stay focused for hours or days on end and being busy—all the time. Because, unlike most addictions, workaholism is…
Do you know where you are going?
Everyone wants to be wealthy. The problem I see more often than any other is that the majority of normal investors skip the first step in the process of wealth building completely. People want to know what to invest in…
Mere-exposure effect
The time has come again. It’s that time of the year when families gather for reunion dinners, when extended families from far-flung corners of Singapore meet in one central place for the annual “oh-how-have-you-been – when-are-you-getting-married – have-you-gained-some-weight – conversations”.…
Economic Forecast Illusion or why “Economist” is one of the worst professions one could choose
Two recent events triggered me to do a bit of research. My son – having started Secondary Level 4 a few days back – asked me which job would be the best and whether he should target the Junior College…
A trip to Lake Wobegone
This trip is for the stock traders among you. What kind of annual return are you aiming for? 30% or 20% or 10%? What’s your number? Humans, and especially those of the male persuasion, have a bias called The Lake…
Who is weird?
The other day I met some new people. After exchanging the usual conversational stuff we got to the big question: “What do you do?’ I described in vivid pictures how I have been taking care of my own business, my…
How I learned to mind my own business
Some of my loyal readers – ok, make that two – asked me at what age I started to mind my own business and to actively take care of my own business. Here is how it all started: Well, that’s…
Wanna be a trillionaire?
Sounds great, doesn’t it? And you would be the first on this planet, provided that you measure your wealth in the current USD, since I am quite certain that there would already be existent trillionaires when measured in Vietnamese Dong or Indonesian Rupiah. Trillions are flung around in the news nowadays to…
Whatever you earn – live within your means
Now, that is a no-brainer! Others might even call this a “know-brainer”. Still, I know from personal experience that this principle is not easy to apply; nevertheless, it is worth your utmost attention as it is the key to growing your savings. People are always talking about character,…
You’ve got a minute …?
Even if you do, it would be better if you do not (ever) admit to having any “spare time” as our culture still revolves around one’s ability to stay focused for hours or days on end and being busy—all the time. Because, unlike most addictions, workaholism is…
Do you know where you are going?
Everyone wants to be wealthy. The problem I see more often than any other is that the majority of normal investors skip the first step in the process of wealth building completely. People want to know what to invest in…
Mere-exposure effect
The time has come again. It’s that time of the year when families gather for reunion dinners, when extended families from far-flung corners of Singapore meet in one central place for the annual “oh-how-have-you-been – when-are-you-getting-married – have-you-gained-some-weight – conversations”.…
Economic Forecast Illusion or why “Economist” is one of the worst professions one could choose
Two recent events triggered me to do a bit of research. My son – having started Secondary Level 4 a few days back – asked me which job would be the best and whether he should target the Junior College…
A trip to Lake Wobegone
This trip is for the stock traders among you. What kind of annual return are you aiming for? 30% or 20% or 10%? What’s your number? Humans, and especially those of the male persuasion, have a bias called The Lake…
Who is weird?
The other day I met some new people. After exchanging the usual conversational stuff we got to the big question: “What do you do?’ I described in vivid pictures how I have been taking care of my own business, my…
How I learned to mind my own business
Some of my loyal readers – ok, make that two – asked me at what age I started to mind my own business and to actively take care of my own business. Here is how it all started: Well, that’s…
Wanna be a trillionaire?
Sounds great, doesn’t it? And you would be the first on this planet, provided that you measure your wealth in the current USD, since I am quite certain that there would already be existent trillionaires when measured in Vietnamese Dong or Indonesian Rupiah. Trillions are flung around in the news nowadays to…
Whatever you earn – live within your means
Now, that is a no-brainer! Others might even call this a “know-brainer”. Still, I know from personal experience that this principle is not easy to apply; nevertheless, it is worth your utmost attention as it is the key to growing your savings. People are always talking about character,…