They chose financial independence over home ownership.

This is somewhat extreme but watch how this Canadian couple chose financial independence over home ownership.  They are in their 30s and,...

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"E-book" by AK

Second "e-book".

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Celebrity investment blogger who knows it all?

Saturday, October 18, 2014

I have been rather busy with a personal project lately and will continue to be busier than usual in the coming weeks. So, I could be absent from blogging for a day or two (or a few) from time to time.

Of course, I will try to reply to comments, emails and PMs in FB in a timely manner but if I don't, it is because I am too busy to do so. Please pardon my tardy replies in such instances.

This is, perhaps, another reminder that AK is a regular guy who can only try to do what he thinks is right with what limited resources (which includes time, of course) he has.

I know that many readers have come to think of AK as someone a bit more than ordinary. 

I know because I get comments such as:

AK is a super idol? 
If I were on American Idol, 

So, is AK extraordinary?

I have never felt anything more than ordinary.

I don't feel very wealthy. 

I don't feel very smart. 

I don't feel very wise. 

There are wealthier, smarter and wiser people by the truckloads. 

An important difference is that AK has a blog and likes talking to himself a bit too much, I feel.

I shared with a friend who is in the business of investment education recently that I fear that some are beginning to think that I have all the answers. 

This is a problem that investment educators have. 

People think they have all the answers because they are regarded as gurus. If they don't have the answers, then, their credibility could be discounted.

Well, you might have heard this saying before:

"Good things not cheap. Cheap things not good."

So, expensive is better. Expensive course means instructor must be guru lor. 

Then, cheap is not good. Cheap course means instructor is half guru, maybe. 

What about free? 

Aiyoh, so simple. 

Free means instructor is not guru lah! (Where did I put SMOL's instant noodles cooking pot?)

AK is not an investment educator and he is definitely not a guru. 

ASSI is free for all to read and does not have advertising campaigns or other marketing efforts to "gurufy" AK. 

(The only ads are the ones you see in my blog which hopefully will help to make me some pocket money for the hundreds of hours I put into blogging. Sorry, I couldn't help myself.)

In fact, I periodically blog about how I am just a regular retail investor.

So, to the many readers who contacted me recently as well as those who are thinking of contacting me on whether it is the right time to buy certain stocks, whether their investments will be safe and whether the market has hit bottom, please forgive me when I mostly say I don't know (for now).

I will, however, say that if you have yet to pick up FA and TA, please do so. There are great books out there. 

If you don't know where to start, my blog has a list in the right sidebar titled "Food for thought". 

You might want to start by reading the books listed there. Education is necessary but it doesn't have to be expensive.

Remember, AK's path to financial freedom is not the only path. I am not so dogmatic as to insist that there is only one correct way.

It takes time to discover the path you are best at walking but while we are on the same path, I could share what I know with you but there are many things which I don't. 

So, I appreciate a hint, a nudge or a wink whenever you think I am walking into a "longkang". On that note, happy walking.
UPDATE (29 July 2017):
I am so used to saying that ASSI has more than 2,000 blog posts. I must remember that we have more than 3,000 now.

Related posts:
1. Five revelations from a regular retail investor.
2. Revisiting AK's simple strategy with Charlie Munger.


Ray said...

humble as always... :)
but to some of us, you are smart.
it's ok to bask in the glory alittle. :)

Richard Ng said...

Let's just say that you have more experience and knowledge than many of us. Oh, does it make you a shifu? hehe

AK71 said...

Hi Ray,

I appreciate your kind words very much but I am not much of a basker. ;p

Am I smart? Honestly, I feel that I am lucky most of the time. Sometimes, I am unlucky, of course.

So, as long as I am not overly adventurous in any investment, I should do OK. Haha.. ;p

AK71 said...

Hi Richard,

Er... That makes me a rookie with more experience and knowledge, maybe. Nah, I do not think I am shifu material. ;)

Richard Ng said...

Hahaha.. But with your mask and Chinese traditional costume in your last speaking event, I am sure you are more than shifu materials! Lol

Singapore Man of Leisure said...


The instant noodle pots you posted are atas ones.

The one I "gave" you is one of those China made $5 kind found at HDB provision shops. Disposable kind ;)

Blog got comments, Facebook too, and private emails some more....

The day you get questions whether char siew pao or char siew rice is more value for money, run!

You bleeding heart you...

Don't know to sayang you or give you a kick!?

AK71 said...


I can only share what little I know and I can only hope that it helps people somewhat. ;)

Of course, I hope that people understand that I don't have all the answers and that I can be wrong sometimes too. -.-"

Rolf Suey said...

Hi AK,

Guess its human nature that in times of crisis or opportunity, you always seek a pillar to lean on.

It is always more convenient to ask than to find out! Especially since your service is "free" & "good" haha LoL..

A suggestion...

Next time you can charge 10 bucks per response of email or fb limited to 3 major Q&A. To waive off the 10 bucks, the asking party must write/ provide an informative post to you or to the public also.

Hit your horse fart ... cannot warrant any waive off charges... Haha LOL..


AK71 said...

Hi Rolf,

Nah, I won't do it for $10. LOL. I rather say I don't do it at all. I am way too lazy. ;p

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