“Simplicity, clarity, singleness: These are the attributes that give our lives power and vividness and joy as they are also the marks of great art.” --Richard Holloway
It takes time, it becomes a habit, but the end road, it clears your mind. What becomes important to you become clearer, you feel a sense of freedom without too much emotional attachments to the things that won't go with you the after life. Minimalism at it's core is saying NO to materialism, saving the planet for future generations, living closest to what is most important to you. How do you do it? Image I got it off some random Facebook post.
Markets are returning to what they really should be doing. That is moving UP and DOWN and not up to infinity like last year. In a dataset stretching back 90 years, we have never seen a calendar year without a monthly loss. There have been 4 years with just one monthly loss; two of those years preceded corrections and two of those years were part of extended market rallies. 2017 wasn't NORMAL.
Having said that, markets still move up over the long run due to inflation. Remember I covered this before where they will be a 10% correction every year and 20% correction every 3 - 5 years.
There are so many sectors and countries to invest in now. My own take will be EWW and TUR. I simply believe in the long run the economy will improve and inflation will occur. In 2016, I was on FXI and RSX. Now I see EWW and TUR.
From a practical point of view from me. Investing is like women. Women, can't live with them, can't live without them. You don't find a place to make $$ work for you, you will work for the rest of your life.
[ StinkTel ]
I'm not a licensed investment adviser. I will not be liable to your trades should you proceed to invest. I did not take any exams to give financial advise. However I may have more cow sense.. moooo
Aside from my usual way of investment, I always have a portfolio and this is the safer/lower returns side of the portfolio I have.
Yes I do invest in Singapore Stocks, but only very selective. So damm selective to a stage I only have 3 choices. SGX, Singtel and the banks. Don't get me started on reits ( I know this is coming to my inbox )
Why these 3? SGX has no competitors. Banks are due to the regulations in SG. Lately, they are pricey.
Now, StinkTel. Share price has been hit, see the chart I attached. Partly due to market sentiments and competition. Personally I hate their services, so many bad experiences which includes a permanent issue they can't solve and they blamed it on the US server, however if I use 4G network it goes thru. I'm an engineer myself and I gave up solving the issue and rather work around them. So why am I still using them? Because, NO CHOICE. Which is good from their business point of view. They own the infrastructure. Even if you use a new service provider, do you know they are using their infrastructure?
From an investor point of view, it's good. Thus my position in the company. Lately dividend payout is at 5.2%, and I will add more over time. This position I'm taking on will be a lifetime position. I'm not intending to sell it. So it doesn't matter to me if share prices moves up or down. I will be getting my payout yearly which made up for the bonus I didn't get last year =(...
Dividend payout looks sustainable from the financial reports unlike ermmm better don't say or get sued.
To add, stocks I invest in MUST be LIQUID or have VOLUME. I do not care if the company is awesome, but you want to sell, cannot sell and end up in a wide spread, that would suck. For example, recently I tried to short an Australian share, but due to the liquidity, I can't. Maybe I'll do it via CFD.
Investing is simple. If choosing companies to invest in, a huge moat is probably the best way to go about it.
He is TOP 5 of the people I watch. He has a message and it's very powerful. Here you go:
There nothing to stop the markets. Tax reduced, employment high, politically stable etc...
I can't see anything stopping the markets. With the world so inter-connected, tons of people looking for clues for the next black swan. Maybe a war? Maybe a bank default ( tho that won't trigger a crash )? Maybe Italy's election to an exit of the euro zone?
Markets are all time high, finding the right counters to invest is increasing difficult.
For now, bonds, utilities and energy sectors are my personal picks, with reduced position. Moving more to cash. Now more then ever, the investment world is crowded with so many people putting in cash, and if history was a lesson, consensus are usually wrong.
One of the most powerful tools ever used by successful people is the mastermind group.
What is a Mastermind Group?A mastermind group is a group of people who meet regularly to push themselves towards their goals, hold each other accountable and tackle challenges together. They've been used by some of the most successful people throughout history. While you must always do the work of becoming a great success, a mastermind group can harness and maximize the spiritual focus behind your success.
How Does A Mastermind Group Work?What’s an example of how this works?
You’ve probably seen bumper cars at a local theme park or carnival. This life force is similar to the web of overhead cables that link those bumper cars to their energy source. While you may be a single bumper car, you have a cable going up that connects you to that greater source of energy which provides the power you need to move forward.
In the same way, “mastermind” is both that power coming to us from above, but also that power which comes to us from each other. Together, we know more and can focus more energy than any one of us can alone.
The Importance of a Networking & Mastermind Groups
The more time I have spent consciously building and nurturing my business network of advisers, colleagues, clients, students and fans, the more successful I have become.
Businesses and careers are built on relationships. Relationships form when people meet and interact with each other in an authentic and caring way.
How to Create a Mastermind Group
Assembling a mastermind group is easy. Choose people who are already where you’d like to be in your life—or who are at least a level above you. If your goal is to become a millionaire, you won’t get much help if everyone in your mastermind group is making $30,000 a year.
Of course, approaching successful people can be scary. In fact, you might be thinking, “Why would anyone want to be in a mastermind group with me if I’m only making $60,000 a year?”
The answer is that many people at a higher level will want to become involved simply because they then get to play at a game they might never organize for themselves. The other people you’re going to invite are people they would like to be around, too. But you won’t know until you ask.
Questions to Ask in a Mastermind Group
Ideally a mastermind should be conducted weekly or every other week. Try to keep each meeting to a specific format to make sure everyone stays involved. There are plenty of discussion topics you can ask in a mastermind group. The questions you will ask will ultimately depend on what your group focuses on. Here are some basic questions and discussion topics to get your mastermind group talking:
While the benefits of a mastermind group with people outside your field may not seem obvious now, the truth is we all tend to get “stuck” in our own field of expertise, doing things the same way everyone else in our industry does.
But, when you assemble people from different industries and professions, you get lots of different perspectives on the same subject. The ideal size of a mastermind group is 5-6 people. If it’s smaller, it loses its dynamics.
If it’s bigger, it gets unwieldy—meetings take longer, some needs go unmet and personal sharing is minimized.
Going through the process of participating in a mastermind group, you, too, might find yourself in a whole new role as a teacher or advocate or coach of sorts – leading people in the group to resources, ideas and new thoughts that can help them.
Earlier in the FB post, I mentioned how Bitcoin was rigged. The amount I messages and email I got in private blew me away. So instead, let me answer all of you in a video.
Since I posted, it crash from USD15,000 bottoming at USD10,000! and now it went back up a little.
Here is a video, in respond to my thread earlier:
I won't talk much about bitcoin after this in public as personally I rather invest in something I understand. The whole purpose is to educate the public, as seeing people losing their hard earn savings pisses me off.
Ok, I really feel I need to post this in public, as there are too many questions and seeing people getting burned. So instead of just sharing with my students on my views on bitcoin, I'm gonna give my advise here.
Firstly, I'm not telling you not to buy Bitcoin. I'm not bearish on bitcoin. In fact I did a video recording that bitcoin will surpass $10,000. My advise now is: there are other cryptocurrencies out there. Portfolio diversify for those who likes this kind of investment. Not me tho, as I prefer stuff backed by an underlying asset.
Stuff you need to understand
I'll start on why you should look at others now. SIMPLY BECAUSE WALL STREET will RIG THE PRICE OF BITCOIN. It's not a free market anymore! Wherever the futures market point too, bitcoin price will FOLLOW! I've never been wrong about this, and when I'm wrong, maybe it will be the 1% of the time. Go check the charts for futures BITCOIN and you will know EXACTLY what I'm talking about.
When Wall Street launch the futures market on bitcoin. That was it. There goes the free market. And I been telling people, repeating this. So.. If you are the cryptocurrency type of person, I hope this article helps and I hope I answered the tons questions out there on my thoughts.
Lead trainer for the day, i lead the class with heart as usual. As the class moved on throughout the day, we had many practical sessions. I believe practical is better then theory anyway. Having done countless of classes, during practice and breaks, i will always be approached not having a second to breath ( not complaining, im happy to help ).
For the 1st time, i left and standing alone for a long time and multiple times, everyone was talking, interacting and my student volunteers / co-Trainers were doing my job. Helping with their hearts. I felt invisible, students will approach others but me. (Got some la, but low % ) It felt like the world is moving forward without me. At that moment, i felt not needed anymore and it hit me very hard.
Internally i felt like crying midway during class as i was so happy. I did my best to hide my feelings till the class ended and left. I'm so happy that many people around me grew better, grew stronger, from students to a friends / leaders / speakers / teammates etc.. helping others.. and being very capable at that till im almost redundant.
They developed to a stage they are strong enough to do without me. I literally could see all the pain / tiredness / health paid off. Seeing them grow till such a level, priceless. Eventually if all surpasses me, that will be an achievement i take happily in this lifeline. Not gonna tag anyone, you know who you are and im very thankful.
On top of that, a week ago all these post by my students. Actually, if I die now, I die happy. Sorry feeling emo.
For such post, there will be many query on courses. I just wanna say, locally in Singapore, our last planned class full. We will be taking a 2 months break to focus on existing students and ourselves. 5 weekends in row, 1 week break and it restarts again, tho it's very rewarding, we are burnt out. We will spend this 2 months focusing on how to give even more value to our students.