Regular readers know that our guest blogger, Matthew Seah, is a good investor but I dare say that none of us knows that he is also an aspiring pâtissier (pronounced "pah-tee-syay"). In this guest blog, Matthew shares with us what the processes used by an investor and a pâtissier have in common:
1. Separate egg whites from yolk. Make sure yolk is not broken.
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Having tasted my healthier choice tiramisu (no additional sugar was added, all the sweetness come from the ingredients alone), my friend wanted to try making one. So I hastily came up with a soft copy of my recipe for him.
Having talked through the process, I found some critical mistakes in my recipe such as:
- An alternative is to place the biscuit on the cream, then pour coffee over each biscuit.
My friend did as per recipe and poured too much coffee in his first tiramisu such that the cake came out wet and soggy.
My intent was to pour 2-3 tablespoons of coffee over the biscuits.
- 1/4 cup of liquor
My friend measured ¼ metric cup of rum and the cream turned out runny and the cake reeked of alcohol.
This is actually an estimate, as typical Singaporeans would say, “agar agar” What I meant was about ¼ of my coffee cup, but it was interpreted as a standard ¼ cup measurement (1 cup = 250 ml).
On a side note, I was lazy once and combined steps 1 – 5 together. I beat the hell out of the mixture, but I never did get the same fluffy texture.
Through these examples, I have learned a valuable lesson which I believe most culinary experts would agree: The quantity is just as important as the order of ingredients.
Regardless of your income, you can attain financial nirvana when you choose to follow the basic steps to financial freedom:
- Get educated.
- Start saving.
- Get insured.
- Invest in income generating assets.
- Repeat step 4 until financial freedom is reached.
Some of you may disagree and can still be financially successful if you do not stick to this order. However, you certainly increase your odds of success when these steps are followed in proper order.
Some people jump straight to step 4 due to lack of patience, and they usually lose a significant amount of money that may dissuade him/her from investing ever again.
Related posts:
1. Tea with Matthew Seah: Financial freedom.
2. Be a millionaire next door.
3. Free e-books by AK: Financial security.
4. How to be one up on wall street?
5. Tea with The Minimalist: Personal finance & investing.