July 27, 2021

11 thoughts on “The Fallacy of “How to be Rich” (Part 1)

  1. For degree, stop referring/comparing to our parents or my generations; these folks have less opportunities and parental support to pursue degrees. For current generation of young folks, parental and government support to pursue degree are definitely not out of reach i.e. no lack of opportunity to pursue higher qualification for academy excellence and achievement.

    1. Hi CW,

      We are aligned.

      That is why I mentioned that is my belief as a boy and that was in the 80s which pretty much degree is almost out of reach for the majority. Times really change!

      Today and the future generation ahead is definitely more than just the paper qualifications.

  2. money enough eat can liao. no need a lot. of course with more money in pocket, then you can worry less.

    btw, still holding comfort delgro or sold?
    bleeding recently.

    1. Hi Yeh,

      First n foremost hope u r doing well.

      Ur first sentence is a bit contradicting.. a bit emotional!

      I m gg to be a bit direct but it is meant to help n not criticize. Hope u dun mind!

      If money enough can liao, I think u should never get into investment in the first place. With ur portfolio a fixed deposit or bond can suit u better and possibly ur emotion need not go thru the up and down with the market.

      As I mentioned in my earlier posts, sickness n longevity is a function of our emotion especially in the stock market. Not everyone can stomach the fact to see tens or hundreds of thousands wiped off! Even on the lips we say no problem n not impt, but deep down many still feel painful. If not painful, it can also translate to worry n illness even without u knowing sometimes.

      Reality bites n hurts, but sometimes I really hate to say that all the vibes about all the pple saying how much u can get rich in the stock market can be a fallacy to the majority.

      I sold off Comfort Delgro last year! Perhaps it's better for me to be in more cash now as I m gg thru a very tough time in the industry now. I reckon, we should even stop dreaming about how much money we r gg to make in the market in the next few tough yrs.

      But without learning investment n widen my perspectives and learn to b prudent n control my temperament, I will long ago in hospital considering it is so bad in career now for me and all the pple in my industry.

      I hope with all the shower of love, u can live healthy. Less stock market, more healthy.

      🙂

    2. Agreed with Rolf. In fact, when I started to probe around those colleagues around me; there are quite a number of them still prefer more saving in FDs while keep their living expenses low. They see no point in investing and having to ride the emotional roller coaster in the stock market and that may affect their well being.

    3. well,previously i save and invest. is hope one day if i very sick.
      i can have money to do kidney transplant or dialysis if one day i very sick then cant work.

      now, i decided not to do any kidney transplant. i will stick to dialysis.
      and i still hope to work. to keep my mentality healthy.

      and live as per normal.

      so those money to me.i dunno. still got meaning or not.

    4. Hi Yeh,

      The last time I gg to be a bit harsh here.

      I understand wat u mean, but as a contrarian I do not pity u! I hope u know wat I mean, I dun pity u bcos I treat u as a normal n pretty healthy lady. It's actually a form of respect deep down!

      I m sorry for wat happen but we should never be sorry for ourself. I know there is no comparison to u in terms severity, but just to share:

      "I rem when I was sick at bed almost died, I only think about when will I recover n when I recover I m gg to eat the good food, go the good place, overcome my illness n live happy life stronger." You may say it's different, ur illness is more severe, but I think mine at that time was no better.

      Uncle CW was no better either! My mil also have cancer n she recovered! My very good frd loss his leg after graduation n his now married with 2 kids. The same trait I found is hope n positivity!!!

      "If discouraging words such as no meaning or what's the use of doing this n that" keep placed on ur lips, I m sure nothing will improve, and bcos if I never hope or want anything and think that most things are meaningless, indeed my life will be meaningless."

      I tell myself the last thing I want is to pity myself at that time that never to think how come such thing happen to me at a young age and I have been suffering for so many years while all my Frds are healthy.

      I think money is still IMPT bcos in today's world we need money for lots of things. But many at times for many pple, bcos of money (eg worry n overly covet), our lives can be worsen without us knowing.

      Bcos of illness, u prepare, save n invest is good! But bcos u invest, leading to worry n worsening of the condition (subconsciously), then it is no good.

      I empathize ur situation, but base on my own experience, I reckon only u can help urself in ur illness not even the doctor or the person closest to u! Keep the hopes alive.

      I prefer not to hope for u in ur sickness, but I hope u can still carry the hopes of recovery!

      Stay strong!

    5. it is not one year or two years thing. you know over these 23 years, how long i in and out hospital? you know the longest day i admitted hospital is how long? it is 2 month times! well, you thought i no work hard for my health meh.
      you dun even know how hard i work for my life.
      i used to work and give tuition, even weekend i also go to give tuition. i just hope can earn and save more money for myself or even for family.

      then the end what i get, i cant get what i want for my life. no child, then dialysis. maybe just slowly slowly wait for die.

      Jan til now, my condition doesn really improve, it is getting worsen. everyday just feel unwell, eat liao then also feel like to vomit. Yesterday i just had fever then i also afraid to go hospital as i scare later i went then have to admitted ward again.

      everyday just have to check blood pressure and temperature and take at least 15 pill.

      you wont understand the feeling at all.

      i am not going to give up. i am just do not wish to work hard either in my work or anything. i just lets god decide everything.

      i admit sometime i do want to give up. but everytime i also just let doctor do any procedure/treatment . i bear with all the uncomfort and pain. then all these not my hard work.

      i just wish to live like a normal person. but also seem hard.

      while i was a 11 years old child, i so scared to be alone at hospital. but i didn tell my mum as i did not want her to worry for me. while i was 15 years old, i learnt to be independent, visited doctor alone without parents worry. even after treatment, i feel dizzy or unwell. i also just took bus back home instead taxi as i wanted to save more money.
      all these while, i work, save and invest. 还不够努力吗?

      i am just too tired of my life. serious. i dunno how long it's going to continue like this.

    6. Yeh,

      I m sorry. But it will be easier to explain over face than here, as body language is lacking n difficult for u to feel what I really meant! Perhaps u also misunderstood my true message.

      Anyway, all I can say is May God bless u!

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