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ASSI's Guest bloggers

Leaving Singapore and worried about leaving mom alone.

Wednesday, July 11, 2018

Reader says...
I met my fiancee at work but he is not Singaporean and we will be leaving for his home country next year.

My worry is my mother and I have asked her to join us but she prefers staying in Singapore which I understand but I don't want her to be alone at home.

Home is a 3 room flat my late father bought 40 years ago.





I know it would be difficult but I asked my younger brother who is married and staying in a 4 room flat if mother could move in with him but he said his flat is too small as they have children and a maid as well.

He said he will visit mother weekly but I still worry because I see her daily now...






AK says...
Reading your email has given me such conflicting feelings.

I am happy for you and worried at the same time.

I worry a lot too and, so, I understand.

What to do?

OK, someone I respect said to me before:

"You must live your life and you should not stop pursuing your own happiness."





I am sure your mom feels the same way.

She will be sad to see you go but she will feel happy at the same time.

When you are far away, contact her daily or every other day to keep in touch and to make sure she is doing well.

Come back to Singapore to spend some time with her as often as it is possible to do so.






Your mom's situation is not so bad and I do know of worse situations. 

So, cheer up or you might make your husband to be feel bad. Yes, don't forget him.

Wishing you and your family good health and happiness. :)

Related post:
Retiree regrets selling flat to help son buy a condominium.

What to do as price plunged on $100K investment?

Tuesday, July 10, 2018

Reader says...

I have $100K invested in XXX.

As the stock price has plunged, I am wondering if I should buy more, hold or sell?

Should I buy more or should I invest in another stock?






AK says...

Remember the importance of position sizing.

If your investment makes you worried, it might be because it is too big.

Don't bite off more than you can chew.





1. Always ask why did you invest and if it still makes sense now?

2. Ask if you did not invest back then, would you invest now?


Then, you will know what to do.







No matter how attractive an investment looks, it is rarely a good idea to throw in everything including the kitchen sink.

What? You don't know how to tell if you have thrown in the kitchen sink as well?

You would know because your home plumbing would keep you awake all night!





Related post:
Largest investments updated.


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