tag:blogger.com,1999:blog-7944902213075756335.post1316378359846713510..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): Is it wrong to be idealistic and live the good life?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-7944902213075756335.post-26435463223170695632015-01-17T00:51:09.723+08:002015-01-17T00:51:09.723+08:00This comment has been removed by the author.Mao Maohttps://www.blogger.com/profile/10325600231229140321noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-39163384212686386092015-01-15T20:49:05.684+08:002015-01-15T20:49:05.684+08:00Hi Siew Mun,
If we are contented with what we alr...Hi Siew Mun,<br /><br />If we are contented with what we already have, even if we make more money, we won't go and buy something frivolous.<br /><br />As our income increase, if we do not upgrade our lifestyle, there is less fear of not having enough in our old age. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8016633091762832142015-01-15T20:43:36.341+08:002015-01-15T20:43:36.341+08:00For me, I am getting more kiam when I have more. I...For me, I am getting more kiam when I have more. I don't feel I need to go buy something to fulfil my wants. Not sure what's the hypothesis here?Siew Munhttps://www.blogger.com/profile/11468092627549905017noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58836408847134272822015-01-15T19:29:39.693+08:002015-01-15T19:29:39.693+08:00Hi pf,
I really feel the law working on me in the...Hi pf,<br /><br />I really feel the law working on me in the last few years. Even as I made more money, my lifestyle has remained more or less unchanged. Since I do not crave any upgrades in life, having more money doesn't really make me happier.<br /><br />For people who are contented with what they already have, this law is felt more keenly.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-7055384492169951222015-01-15T19:20:37.894+08:002015-01-15T19:20:37.894+08:00AK71...well said in diminishing marginal utility. ...AK71...well said in diminishing marginal utility. :)pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-36096762509351930102015-01-15T15:21:21.503+08:002015-01-15T15:21:21.503+08:00Hi Jes,
"The law of diminishing marginal uti...Hi Jes,<br /><br />"The law of diminishing marginal utility implies that poorer people will gain more utility from money for additional spending than the wealthy. According to this economic law, as a person gets more to spend, he will buy things that give him less and less utility."<br /><br />We might be able to infer from this law that if we had a simple lifestyle and we maintained AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11806749244750145902015-01-15T15:02:44.868+08:002015-01-15T15:02:44.868+08:00Hi Ak,
I think happiness is the key here. If one ...Hi Ak,<br /><br />I think happiness is the key here. If one is unhappy, no matter how high pay the job offers, ultimately I don't think can stay for long. Similarly, if you are happy with your work and bosses and colleagues, but your peanut's pay made after-work life miserable, it's not gonna work. That's why job hopping is the norm nowadays. I do admit that pay is a big Jeshttps://www.blogger.com/profile/12519573577327538496noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15669703760230141352015-01-15T09:50:21.558+08:002015-01-15T09:50:21.558+08:00Hi Siew Mun,
You have once again impressed me wit...Hi Siew Mun,<br /><br />You have once again impressed me with your wisdom. :)<br /><br />You have brought <a href="http://singaporeanstocksinvestor.blogspot.sg/2014/01/achieving-financial-freedom-is-family.html" rel="nofollow">"Financial Freedom is a family affair"</a> to a new level. :)<br /><br />Yes, our children should take ownership of their financial well-being. They have to learnAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21958907245837464672015-01-15T08:55:25.599+08:002015-01-15T08:55:25.599+08:00For my children, I am begining to learn instead of...For my children, I am begining to learn instead of communicating "I love you, so let me make life easy for you," I decided that my message needed to be something more along these lines: "I love you. I believe in you. I know what you're capable of. So I'm going to make you work.<br /><br />This to teach my children not to have a sense of entitlement, which would be Siew Munhttps://www.blogger.com/profile/11468092627549905017noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-87073993865742617392015-01-15T08:16:10.399+08:002015-01-15T08:16:10.399+08:00Hi EW,
I have spent almost 20 years of my life wo...Hi EW,<br /><br />I have spent almost 20 years of my life working, focusing more on the money than on what I love doing.<br /><br />Becoming an accidental blogger helped me discover something I love doing but doesn't pay well at all. LOL.<br /><br />Some told me that I have moved up the Maslow's Hierarchy of Needs. Self-actualisation stage. Maybe so. It could also be the case for you. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56152549790214397372015-01-14T23:56:07.230+08:002015-01-14T23:56:07.230+08:00Hi AK,
I worked in the IT line and I used to be v...Hi AK,<br /><br />I worked in the IT line and I used to be very passionate about my job during the first 10 years of my career. After that, age started to catch up and my priority and focus also changes. <br /><br />I still enjoy my work, but i don't seem to enjoy it as much as i used to be. I seem to enjoy reading your blogs that my work related blogs ;-P.<br /><br />I am 41 and seriously EWhttps://www.blogger.com/profile/12429682257951755082noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-26164180030852950582015-01-14T22:57:33.269+08:002015-01-14T22:57:33.269+08:00Hi MSA,
I can tell that you are a pragmatist. So ...Hi MSA,<br /><br />I can tell that you are a pragmatist. So am I. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-45412212810283206272015-01-14T21:50:08.768+08:002015-01-14T21:50:08.768+08:00Hi AK71,
For those normal folk, probably can only...Hi AK71,<br /><br />For those normal folk, probably can only start with higher pay job even though they have no passion in it. This group of people can only move to do things that they like when they are financially free. After all, not everyone is born with silver spoon. MSAPersonalFinancehttps://www.blogger.com/profile/07324602380510522364noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-46516421453337819082015-01-14T21:10:09.222+08:002015-01-14T21:10:09.222+08:00Hi MaoMao,
I would envy them too. It is only norm...Hi MaoMao,<br /><br />I would envy them too. It is only normal. :)<br /><br />However, I tell myself that these people are the exceptions and not the norm. <br /><br />I just have to work harder than them and make my own money. Of course, it definitely helps if I enjoy what I do for a living. :)<br /><br />I know what you are saying about being an employee. Well, we just have to make the best of AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-47812841155563866832015-01-14T21:02:45.678+08:002015-01-14T21:02:45.678+08:00Hi AK,
Some times I envy those young adults (mid ...Hi AK,<br /><br />Some times I envy those young adults (mid 20s, early 30s) who have shophouse / coffeeshop properties passed down from inheritance. They lead a care-free stress-free happy life while collecting rents on a monthly basis. They can also close 2 eyes and make a large lump sum voluntary contribution into CPF account too. <br /><br />Of course it is great to find a job that you really Mao Maohttps://www.blogger.com/profile/10325600231229140321noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-25542526822493519492015-01-14T12:58:50.826+08:002015-01-14T12:58:50.826+08:00Hi SMOL,
Wah! So fast! You found the hidden Micke...Hi SMOL,<br /><br />Wah! So fast! You found the hidden Mickey in my blog! You are good! LOL. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-70632248233952604102015-01-14T12:56:22.774+08:002015-01-14T12:56:22.774+08:00AK,
Remember this program of our childhood?
Sing...AK,<br /><br />Remember this program of our childhood?<br /><br />Sing along now:<br /><br />M.I.C.K.E.Y M.O.U.S.E!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.com