tag:blogger.com,1999:blog-7944902213075756335.post6969298273253551104..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): How to recession proof your life? Your time will come too.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-7944902213075756335.post-12503742489618303182017-09-08T11:49:55.727+08:002017-09-08T11:49:55.727+08:00Hi Jimmy,
I hope your strategy continues to work ...Hi Jimmy,<br /><br />I hope your strategy continues to work for you. Gambatte! :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56000219825799842362017-09-08T11:30:33.047+08:002017-09-08T11:30:33.047+08:00Prevent recession:
1) i split my stock profile. B...Prevent recession: <br />1) i split my stock profile. Buy 6 stocks almost equal amount. <br />2) 4 are reits and 2 are more active stocks with risks. <br />3) 4 reits stock will earn dividends while active stocks with risk for big gain or potential capital growth. <br />4) If i keep increasing this stock portfolio, i believe that this will contribute to recession proof as i age. Anonymoushttps://www.blogger.com/profile/06976317665372498282noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82894536139691240962017-09-08T11:30:13.537+08:002017-09-08T11:30:13.537+08:00Prevent recession:
1) i split my stock profile. B...Prevent recession: <br />1) i split my stock profile. Buy 6 stocks almost equal amount. <br />2) 4 are reits and 2 are more active stocks with risks. <br />3) 4 reits stock will earn dividends while active stocks with risk for big gain or potential capital growth. <br />4) If i keep increasing this stock portfolio, i believe that this will contribute to recession proof as i age.Anonymoushttps://www.blogger.com/profile/06976317665372498282noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-81366103786516842712017-07-09T17:33:49.377+08:002017-07-09T17:33:49.377+08:00Hi OMATS,
Prudence means living within our means....Hi OMATS,<br /><br />Prudence means living within our means.<br /><br />Frugal means living way below our means. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-1830810541852658192017-07-09T13:11:12.186+08:002017-07-09T13:11:12.186+08:00Sometimes, you can take a man out of poverty but y...Sometimes, you can take a man out of poverty but you can't take a poverty out of a man.<br /><br />Frugal to me means living within your means. If your means improve, your living quality can and should go up. <br />oldmanandtheseahttps://www.blogger.com/profile/08893758718842202647noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-60998671086290981052017-06-08T12:08:26.370+08:002017-06-08T12:08:26.370+08:00Hi Fish,
Oh, I am non religious. Too lazy to be r...Hi Fish,<br /><br />Oh, I am non religious. Too lazy to be religious. ;p<br /><br />There are many questions we could ask ourselves in life. What we want out of life will determine which of these questions are more pertinent.<br /><br />How much money do we need? This is also something I blogged about before. Everyone will have to find his or her own answer.<br /><br />However, if we want more AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-12689582023856222262017-06-08T10:32:51.325+08:002017-06-08T10:32:51.325+08:00Good morning AK,
Roger, our spiritual beliefs r d...Good morning AK,<br /><br />Roger, our spiritual beliefs r different. Going back to the initial question "How to recession proof your life?...", I ponder if the pursuit of financial independence is over rated in our society. Our wealth position is just one part of our overall happiness. As we accumulate wealth, could it be better if we not forget to be more generous to oneself and Fish5566https://www.blogger.com/profile/15686377581745926811noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-42793532875100810612017-06-07T10:04:14.962+08:002017-06-07T10:04:14.962+08:00Hi Fish,
Om Amitabha. ;)Hi Fish,<br /><br />Om Amitabha. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53129509909886917532017-06-06T16:35:18.412+08:002017-06-06T16:35:18.412+08:00Hi AK,
Yes, peace is priceless in our material wo...Hi AK,<br /><br />Yes, peace is priceless in our material world. How abt charity, joy, patience, kindness, goodness, gentleness, generosity and self-control? To me, they r equally priceless for our eternal life. U happy, I happy lah! May the force be with u.Fish5566https://www.blogger.com/profile/15686377581745926811noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-66975247193738847242017-06-06T09:42:20.131+08:002017-06-06T09:42:20.131+08:00Hi Fish,
Peace of mind is indeed priceless. :)Hi Fish,<br /><br />Peace of mind is indeed priceless. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-60578394466479408662017-06-05T10:12:30.465+08:002017-06-05T10:12:30.465+08:00Interesting discussion. I suppose there is no abso...Interesting discussion. I suppose there is no absolute right or wrong. It is about finding each individual innerself and not letting the material world control it. Recession or not, the innerself shall prevail. May the force be with us. Breathe into us charity, joy, peace, patience, kindness, goodness, gentleness, generosity and self-control. <br /> <br />Sorry 4 this late comment. Carpe diemFish5566https://www.blogger.com/profile/15686377581745926811noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15552832934648459072015-02-03T14:41:19.178+08:002015-02-03T14:41:19.178+08:00I think it's also about maslows hierarchy of n...I think it's also about maslows hierarchy of needs. When we start to accumulate wealth and grow to be able to afford some things, we should not hold back from spending on the things that are important to us (especially if it is the case that holding back from spending would be detrimental to progress). But what's important is spending for yourself and the people who matter to us in darrenhttps://www.blogger.com/profile/12207832191060889856noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22090306450733980742015-02-02T16:23:49.130+08:002015-02-02T16:23:49.130+08:00What interesting comments... !
What interesting comments... ! <br />Anahttps://www.blogger.com/profile/04893597653717284552noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4555323956779351132015-02-02T14:49:57.176+08:002015-02-02T14:49:57.176+08:00Hi raf,
I like the idea of being charitable and h...Hi raf,<br /><br />I like the idea of being charitable and have a list of charities which I support. I have been rationalising lately and decided that I will try to influence how my donations should be used in future.<br /><br />I also believe in karma and that we should do good as it helps both the receiver and the giver. <br /><br />Without my parents, there is no me, and I hope that any good AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21314147653913445502015-02-02T12:37:41.435+08:002015-02-02T12:37:41.435+08:00Interesting discussion. I started life in a very p...Interesting discussion. I started life in a very poor family. Became very well off as a successful professional. A frugal (but not miserly) simple lifestyle with no desire for showing off or splurging on brand names enabled me to save, invest and retire early and pursue other interests (including attempts at self-discovery/improvement). Trying to maximise income is fine as long as it does not rafhttps://www.blogger.com/profile/00866036023081691193noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58305712473970183152015-02-02T11:00:27.711+08:002015-02-02T11:00:27.711+08:00Hi Serendib,
Hey, long time no hear. Thanks for s...Hi Serendib,<br /><br />Hey, long time no hear. Thanks for sharing your experience with us here. :)<br /><br />We must always be prepared that things could go wrong even as we enjoy some peace and prosperity in the meantime.<br /><br />Of course, those of us who have gone through hard times will feel this more poignantly. It is not just something academic to us. <br /><br />I do hope that the AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-12188135408812062302015-02-02T09:40:58.402+08:002015-02-02T09:40:58.402+08:00Hi AK,
very pertinent and timely post. Its been a ...Hi AK,<br />very pertinent and timely post. Its been a 5-year bull market in almost everything (except commmodities!) everywhere, and peoples' memories are short.<br />There are those who can live an extremely frugal life, but these people will be a small minority. For the rest of us, we should learn how to manage our expenses, use our financial prowess for the betterment of our own lives as Serendibhttps://www.blogger.com/profile/13279004588040425703noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-10602957511880845882015-02-02T08:32:01.907+08:002015-02-02T08:32:01.907+08:00Hi ladykiller,
Children naturally learn from thei...Hi ladykiller,<br /><br />Children naturally learn from their parents. They can't tell whether they are learning good or bad habits. <br /><br />In adulthood, children who were unfortunate enough to pick up bad habits might or might not change. To a large extent, it would depend on the type of people they have for friends and the type of education they have.<br /><br />In my late teens, for aAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-66130555462284326142015-02-02T02:35:08.832+08:002015-02-02T02:35:08.832+08:00I think the life parents have led and its attendan...I think the life parents have led and its attendant implications and lessons always get transferred to kids and imprinted in their minds, to the point that in adulthood they reshape their paradigms to consciously avoid ending up in the same situations. Congratulations on having a successful session last night! ladykillerhttps://www.blogger.com/profile/16211727557596572374noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-87823499180864611402015-02-01T23:42:43.626+08:002015-02-01T23:42:43.626+08:00Hi Ashwin,
Since you are a regular reader, you wo...Hi Ashwin,<br /><br />Since you are a regular reader, you would know that I also blog about how we should seek to increase income, both earned and passive, while being frugal. That is what point number 3 in the three points towards the end of this blog post is about. <br /><br />So, I do agree with you that we should find ways (legal and ethical) to generate more income. :)<br /><br />Finally, I AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20467733404582203362015-02-01T23:17:05.677+08:002015-02-01T23:17:05.677+08:00Hi AK,
I generally wanted to write about extreme ...Hi AK,<br /><br />I generally wanted to write about extreme frugality and tell a different story - especially, to urge people to think of how to spend more time creating value or trying to earn more money. <br /><br />You are making the world a better place, otherwise I wouldn't read hundreds of your posts. Keep up the great work.<br /><br />-AshwinAshwinhttps://www.blogger.com/profile/02947125180310038447noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27304439180995955152015-02-01T23:12:46.835+08:002015-02-01T23:12:46.835+08:00Hi Ashwin,
Thanks for sharing your success storie...Hi Ashwin,<br /><br />Thanks for sharing your success stories. For sure, if a person has the disposition to become an entrepreneur, I would encourage him to take that route. :)<br /><br />However, for most in the working class and that means most of us, saving money is the beginning of a financially secure future.<br /><br />Having said this, congratulations on what you have achieved as I think AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-37475543428239739672015-02-01T23:03:10.309+08:002015-02-01T23:03:10.309+08:00Hi yeh,
Thanks for sharing your story and your hu...Hi yeh,<br /><br />Thanks for sharing your story and your husband's story with us here. :)<br /><br />Oh, I agree that we must learn how to enjoy life a bit. I just bought 12 cans of Coke Zero from NTUC Fairprice for $6.25 this evening. It is one of the "MUST BUY" specials. <br /><br />I love Coke Zero because it tastes like Coke (actually, better) and has zero calories but I alwaysAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-60878177076083386132015-02-01T22:58:56.998+08:002015-02-01T22:58:56.998+08:00If someone comes to me and tells me that they are ...If someone comes to me and tells me that they are living frugal, I’d think that it is a right thing to do. It is true indeed, but only to an extent. I guess people should spend within their means, but they should definitely spend enough. It is consumption that drives the economy and not savings. If everyone hypothetically stopped visiting a restaurant from this day, within one month, we would seeAshwinhttps://www.blogger.com/profile/02947125180310038447noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-50061470789398019852015-02-01T22:10:17.740+08:002015-02-01T22:10:17.740+08:00hi ak,
my FIL declared bankruptcy due to fail in b...hi ak,<br />my FIL declared bankruptcy due to fail in business when my hubby in sec1.<br /><br />my hubby is also a fugal man like you:)<br />probably because he went through what you have went through.<br /><br />I am sick since young, my parent was poor that time. although i was 11 years old that time, i already knew the power of money. Since then, i told myself i must have money for my illnessyehhttps://www.blogger.com/profile/12571111570066245051noreply@blogger.com