My Market Transactions — Wk30 2022

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Dear Readers,

Thank you for coming here!

Transaction for past week: Nil

 

Again, I am warming up.

Have a great week!!!

Till next time!

Discipline = Freedom

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Dear Readers,

Thank you for coming here!

The more disciplined we are, the more freedom we will enjoy.

Freedom = the right not to do what we do not want to do.

Discipline allows us to turn what we do not want to something we want or at least to do what we do not want in the way we choose, to reduce the pain.

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1. Turn what we do not want to something we want

Once we are disciplined, we will “want” better things, e.g. exercise, reading.

Otherwise, these could be the things we are “forced” to do by ourselves or others, making us feel not free.

2. Do what we do not want in the way we choose

There will always be things that we do not want but have to do in life. No one said anyone could have total and unlimited freedom.

But at least discipline would allow us better chances to tackle them in the way we choose.

For example, if we have to complete some boring and meaningless work, with discipline, we could start early and have more maneuvering space.

We could automate it, delegate it or better still, reduce it through discussions/negotiations.

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If you are still not convinced, just imagine what would happen in the absence of discipline.

Just a few examples.

In your own life, health issues and financial pressure may “force” you to exercise or take courses or look for jobs.

In your work, your boss/coworkers will “push” you to complete your work and give you tight deadlines, which will only take more freedom away from you.

It is almost always better to take care of our shit with discipline, before someone or something comes and “forces” us to.

 

Till next time!

Amateurs? Not a chance!

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Dear Readers,

Thank you for coming here!

There is this show that I love so much that I have watched more than 10 times. 

I thought I understood it. I even bragged about it in a few occasions.

Until recently, when I watched a whole and well-structured series of explanation videos on the show.

I realized I had not really understood anything.

And when I searched the maker of those explanation videos, I found out that he had been studying the domain for more than 20 years.

In other words, he is an expert!

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The points I want to make are as follows:

1. Try to be an expert in some area. That is our value add.
2. For areas where we are amateurs, it might be better to search for some expert opinions to boost our understanding. (Of course, never brag about your shallow understanding)
   

 

Till next time!

My Market Transactions — Wk29 2022

 

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Dear Readers,

Thank you for coming here!

Transaction for past week: Nil

 

Again, I am warming up.

Have a great week!!!

Till next time!

Monthly Net-Worth Update — Jul 2022

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Dear Readers,

Thank you for coming here!

 

First month of H2 2022 — I have to say that the feelings are mixed. Lets see what the next 5 months entail!

 

Here is the snapshot of our Total Net-Worth for Jul 2022.

 

Net-Worth increase from last month: 28K SGD, 1.84KG Gold

Again, the increase was mainly from predictable sources, e.g. salary, interest, CPF, dividend etc.

Again, my investment portfolio recovered a little bit, which also contributed to the Net-Worth increase.

As for Gold, this is the biggest monthly increase since I started tracking, mainly due to gold price drop though.

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Investment: -15.1% annualized return, incl. dividend

Again, slight improvement, but barely noticeable.

More hard work is needed to make up the loss.

 

Till next time!

OMG! My Weight!!!

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Dear Readers,

Thank you for coming here!

OMG! My weight has exceeded 90kg again!

The last time was when I did consulting almost 5 years later.

Consulting does make me fat!

I need to do something now. 

Given my circumstances, the most realistic way is to adjust diet.

Less oil, sugar etc etc

This means less hot pot, Wayu steak, BBQ etc etc

Pain, but necessary!

Well, I accept the pain as it is inevitable in life. [Read more here!]

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My Market Transactions — Wk28 2022

 

Photo by Micheile Henderson on Unsplash

 

Dear Readers,

Thank you for coming here!

Transaction for past week: Nil

 

Again, I am warming up.

Have a great week!!!

Till next time!