tag:blogger.com,1999:blog-7944902213075756335.post6978742722771214669..comments2024-03-29T10:22:24.187+08:00Comments on A Singaporean Stocks Investor (ASSI): Achieving financial freedom is a family affair.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-7944902213075756335.post-34321287878387689162020-02-08T22:27:20.781+08:002020-02-08T22:27:20.781+08:00Hi WTK,
Of course, we could always go at it alone...Hi WTK,<br /><br />Of course, we could always go at it alone even if everyone else in the family is not on board.<br /><br />Just be prepared for a possibly more difficult journey.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8879729945557097152020-02-08T21:44:47.469+08:002020-02-08T21:44:47.469+08:00Hi AK,
There are instances in which one will have...Hi AK,<br /><br />There are instances in which one will have to proceed alone if his/her family are not in line with achieving FI. I guess that it is the matter of making the appropriate decision with the dealt card of circumstances.<br /><br />WTK WTKhttps://www.blogger.com/profile/03901369385680805317noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-79963054984436457052016-06-09T09:36:37.952+08:002016-06-09T09:36:37.952+08:00Hi Sammy,
You are a fine example of what higher i...Hi Sammy,<br /><br />You are a fine example of what higher income and frugal habits can do for an individual. Gambatte! :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29224532999616772312016-06-09T04:27:55.909+08:002016-06-09T04:27:55.909+08:00This comment has been removed by the author.Sammyhttps://www.blogger.com/profile/13109961118179610147noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-88192657456076832122014-01-12T16:20:47.227+08:002014-01-12T16:20:47.227+08:00Hi tec,
Your kids are 5 and 2? You might be inter...Hi tec,<br /><br />Your kids are 5 and 2? You might be interested in related post number 1 found at the end of this blog post. It will be a fun way of getting them interested. :)<br /><br />I introduced my niece to the world of investing when she was 9. She was old enough then to understand the importance of saving money and investing it for income.<br /><br />The very first thing I taught her AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-18472038953541435022014-01-12T15:31:21.192+08:002014-01-12T15:31:21.192+08:00Hi AK71,
I have 2 kids (5yr and 2 yr), I have the...Hi AK71,<br /><br />I have 2 kids (5yr and 2 yr), I have the intention to let them learn about investing early.<br /><br />Can you share at what age do you start to teach your niece about investing? What topic do you start to get the kid interested?<br /><br />Thankstechttps://www.blogger.com/profile/10352619502487815207noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-78854080463250834042014-01-09T20:18:53.544+08:002014-01-09T20:18:53.544+08:00Hi Endrene,
Well, I am not sure that everything h...Hi Endrene,<br /><br />Well, I am not sure that everything happens for a reason. Many things are quite random really. Of course, human beings are gifted with the power to rationalise. LOL.<br /><br />I don't really want to remember the stuff I did wrong but I can still remember quite a few of them. Sometimes, they just pop into my mind for a visit and I would give a little yelp, shocking AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-73738360006371901332014-01-09T19:50:35.250+08:002014-01-09T19:50:35.250+08:00Hi AK,
Haha. Yes, we shouldn't blame our pare...Hi AK,<br /><br />Haha. Yes, we shouldn't blame our parents the way things turned out or anyone or anything for that matter. Everything happens for a reason. Just have to try and make the most positive interpretation out of every situation. :) <br /><br />If I hadn't become financially independent at 17 years old, partly forced by circumstance, I wouldn't have got this far (actually EYhttps://www.blogger.com/profile/07808509235536260830noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-57181033700372328512014-01-09T09:30:11.458+08:002014-01-09T09:30:11.458+08:00Hi Endrene,
A $165.90 price tag and your boy paid...Hi Endrene,<br /><br />A $165.90 price tag and your boy paid only $49.90. I believe he got superb value for money! You have done a great job parenting!<br /><br />You have helped to lay the foundation for financial security which will benefit your boys all their lives. They are fortunate indeed. :)<br /><br />I consider myself a late bloomer as I did many things wrong in my younger days. I AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89915940608878802392014-01-09T08:41:38.264+08:002014-01-09T08:41:38.264+08:00Hi AK,
Teaching the kids to be financially litera...Hi AK,<br /><br />Teaching the kids to be financially literate is not only a family responsibility, it's a social one! That's part of inculcating in them good values to become responsible citizens of our society. I wish my grandma had done her job properly and my mum had made the decision your sis did!<br /><br />I try to provide 'immersion' opportunities. Hard to say how much EYhttps://www.blogger.com/profile/07808509235536260830noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27184307634666758892014-01-08T23:27:05.695+08:002014-01-08T23:27:05.695+08:00Hi Veronika,
Seems like you have your life all th...Hi Veronika,<br /><br />Seems like you have your life all thought out. I like the sound of it. :)<br /><br />For sure, if everyone should own 2 properties, have $2M in cash and $1M in stocks, that should be quite enough. Have to work towards having all that first. I definitely do not have all in your list yet. -.-"AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-63871665394958236282014-01-08T23:19:55.788+08:002014-01-08T23:19:55.788+08:00"Knowing the cost of everything
and the value..."Knowing the cost of everything<br />and the value of nothing"<br /><br />If I have 2 homes, 2 million in cash,<br />1 million in shares ( +/- ).. 2 kids, no car, good health.. <br />retired, holidays 3 x a year ( 1 long 18 days or more and 2 short 7 days or less)what else would I want?<br /><br />More?.. no thanks! That is sufficient for me till I die and enough to pass on as legacy.<ronhttps://www.blogger.com/profile/13885661137371524688noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-61575228402764494352014-01-08T19:13:51.452+08:002014-01-08T19:13:51.452+08:00Hi INVS 2.0,
There are always extremes and I am l...Hi INVS 2.0,<br /><br />There are always extremes and I am learning to avoid being an extreme saver now. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-60060207730637704342014-01-08T18:20:22.795+08:002014-01-08T18:20:22.795+08:00Sadly, the financial literacy among youths today i...Sadly, the financial literacy among youths today is very low. It is the culture of young ones to be spendthrifters. I was taught from young to save until I became a miser and attracted no friends. <br /><br />Well, at least now I am in a more comfortable financial position than them. INVS 2.0https://www.blogger.com/profile/04740129846816291362noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-6481347362718552622014-01-08T16:51:19.757+08:002014-01-08T16:51:19.757+08:00Hi SMOL,
If we all do the right things, then, &qu...Hi SMOL,<br /><br />If we all do the right things, then, "hours of need" will become less common. :)<br /><br />A stitch in time saves nine.<br /><br />It is a lack of financial literacy or simple financial prudence that is the cause of much grief for some. I know it has caused me grief in the past. :(AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-87009418696864847762014-01-08T16:47:20.431+08:002014-01-08T16:47:20.431+08:00Hi SGYI,
She still gets to spend time with her da...Hi SGYI,<br /><br />She still gets to spend time with her dad twice a week. The only difference is that her parents don't stay together anymore. <br /><br />I can never be a father figure. I am not a good candidate for fatherhood. :)<br /><br />Thanks for the encouraging words and I really hope that my blog will continue to do more good than not. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4961323143472105002014-01-08T16:31:14.493+08:002014-01-08T16:31:14.493+08:00AK,
I don't think anyone would be surprised t...AK,<br /><br />I don't think anyone would be surprised that I belong to the "chill, let children have their childhood" camp.<br /><br />However, after your sharing of the context and perspective, I just have say its good to have siblings and family members who can come together to give support to each other in our hour of need.<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-1617111879597149192014-01-08T15:36:47.635+08:002014-01-08T15:36:47.635+08:00Hi AK,
Oh no, its ok for you to be kaypoh. The mo...Hi AK,<br /><br />Oh no, its ok for you to be kaypoh. The more kaypoh you are the more people will be helped :p <br />I'm sure its a good thing<br /><br />That's sad to hear that the family is broken up. It always hurts the child the most. Glad you came in to be a fatherly figure in her life. :)<br /><br />Financial problems is still one of the most common causes for marriages breaking upSGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-1383609171848155062014-01-08T15:15:34.433+08:002014-01-08T15:15:34.433+08:00Hi Small Time Investor,
I don't have an army ...Hi Small Time Investor,<br /><br />I don't have an army of elves to help me and I will make a very poor Santa Clause. :(<br /><br />Of course, this does not mean that I stop being charitable. :)<br /><br />When I was a private tutor, I would tell parents that I only spent 2 hours a week with their child. They could not expect a tuition teacher to perform miracles and they must do their part AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-84377647072793240272014-01-08T15:11:55.408+08:002014-01-08T15:11:55.408+08:00Hi SGYI,
I am kaypoh. When I see something I feel...Hi SGYI,<br /><br />I am kaypoh. When I see something I feel strongly about, chances are I will speak up. These days, I try to control my impulse to speak and even my impulse to blog. :)<br /><br />I feel that my niece's father is not financially savvy. It is due to severe financial problems, amongst other things, which led to the family breaking up. So, I suppose this is where I come in. SheAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82685231698397713812014-01-08T14:53:08.994+08:002014-01-08T14:53:08.994+08:00Hi Ak71
The thinking of " focus on your st...Hi Ak71 <br /><br />The thinking of " focus on your studies , Leave the money to us " is on the parents of the past tradition which then passed down later generation.<br /><br />Parents as in nature would shoulder major responsibilities in the family .<br /><br />If there is a Santa Claus , be a Santa Claus yourself :)<br /><br />Regards <br /><br />Small-Time Investor<br />Small Time Investorhttps://www.blogger.com/profile/07278163226576640383noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-785124721251667372014-01-08T14:15:38.546+08:002014-01-08T14:15:38.546+08:00Kids are spoilt by their rich parents. Giving them...Kids are spoilt by their rich parents. Giving them whatever they want. Even if a parent is rich, should just give their kids everything. Financial literacy should be taught at homes.<br /><br />This goes to show maybe a lot of those rich parents out there are not financially savvy. They may earn a high income and live in big houses plus drive luxurious cars but when they stop working, its anotherSGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16341409013670825912014-01-08T13:24:09.700+08:002014-01-08T13:24:09.700+08:00Hi Mike,
A great topic for a guest blog, perhaps?...Hi Mike,<br /><br />A great topic for a guest blog, perhaps? ;)<br /><br />Oh, for sure, money is just a tool. We must not fall in love with money which is something some might do, unfortunately.<br /><br />Money is not the root of all evil. The love of money is. -.-"<br /><br />I am all for doing charity and I regularly support 6 charities in Singapore through donations. We must not forget AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-10676025923832405192014-01-08T13:17:25.282+08:002014-01-08T13:17:25.282+08:00Teach the value of money.
Money has no value, it&...Teach the value of money.<br /><br />Money has no value, it's value come from how it is spent. $10 for a coffee drink, or use it to buy seeds and beans for children under world vision?<br /><br />I used to be quite a spendthrift. When I do volunteer work, there is no funding, we fork out money from our own pockets although we are still schooling. But accumulating $80 with fellow volunteers soAnonymousnoreply@blogger.com