Monday, May 28, 2018

Bigscribe mega event of the year: Investors Exchange 2018

Bigscribe is running the mega event of the year, called Investors Exchange 2018, coming this July. They are known for their value for money courses with down to earth speakers that everyone can relate to. Last year's event was a sell out, so they thought it's time to up the game by introducing a great line up of speakers. Take note that these are not sneak previews to entice you to sign up for the 'real' course. THIS is the the real course.

Here's a brief introduction to them:

Stanley Lim (from valueinvestasia)

He writes for Value Invest Asia, a blog with a wealth of information, with his team of equally knowledgeable analyst. He will be sharing on how to spot growth stocks with real case studies of existing companies.

James Yeo (from smallcapasia)

I know him as he frequents investingnote, focusing on finding the gems from the investing universe. He will be sharing on the 'GARP' strategy, and hopefully you can use it to sieve out the real gems from the Garbage out there. There will also be real life case studies on how it works in the markets.

Brian Halim (from foreverfinancialfreedom)

Everyone knows Brian as he shares his insights from his stock picks from his blog. Unlike the previous two speakers, he will be sharing more about dividend investing, titled Evolution of Dividend Strategy. As a bonus, there will be a peak into his current portfolio. This will be of interest to people who prefers the real hard cash of dividend in the pocket rather than from capital gains.

Rusmin Ang (from fifthperson)

Rusmin is from The Fifth Person, a group that introduced a series of great courses for the general public. Quite a number of my friends had attended their course and found it very helpful. Here, he will be sharing on how to build a consistent stream of passive income and to maximise the dividends. If their courses are anything to go by, there should be plenty of pointers to take note of here.

Christopher Ng (from treeofprosperity)

Chris is the scientist among the local financial blogosphere. I'm very sure he will share his latest well research findings in his talk, backed with journal articles. In this talk, he will talk about the concept of F.U money (no, it's not what you are thinking of) and how we can retire earlier by understanding the concept of FIRE.

All these great line up for an early bird discount of $49, valid until the 30th June. If you are interested, do not wait until the last minute to grab the tickets. The Bigscribe events, especially the mega events like this, are known to sell out way before the last day.

The link to more details can be found right here.

Pro tip #1: Since there are no slides given, do bring along the good ol' pen and paper. Oh, and make sure your handphone is charged fully because you might want to take pictures of the slides. And to take pictures of your famous investing idol/oppa, of course.

Friday, May 11, 2018

Surviving vs Thriving part II

I talked about thriving and surviving in this post here. That theme keeps creeping into my mind in the quieter hours and I thought more about it. Decided to post it here to further consolidate my thoughts on this subject matter.

There are three categories here:

1) not surviving
2) surviving but not thriving
3) thriving

Basically these are states which describes your level of excess mental and physical energy. Not surviving means you don't have enough physical and mental energy. Surviving means you just have enough and not much to spare. Thriving means you have more than enough.


Those description above are too fuzzy, so I'll describe how each category will look like to you.

1) Not surviving

This is when a person do not have enough physical and mental energy. He will feel tired and sleepy, always wanting to rest more. There could be psychosomatic illness, like migraines, vomiting or fever and flu when going to work, which miraculously recovers when work is stopped. This person complains all the time. This is not a good state to be in. This is not a state of equilibrium and there is a lot of push factors to establish a new equilibrium state. Over time, either the person will be forced to leave the task or the task is forced to leave the person.

2) Surviving

This is when a person have just about enough mental and physical energy. There is enough skill to reduce the energy expended to do things mechanically. This is a comfortable state of equilibrium to be in, where the energy spent to do things is about the same as the energy you have and this state can be continued perpetually. But there is a hint of resignation that this is the best that life can offer you. There is not enough push or pull factor to jolt the person out of this stage of balance, or status quo. In temporary moments of sanity, the person might regret not taking on more risk to expand his circle of competence, and fight for something more meaningful to live for. But when such moments passes, the person shrugs and concludes that he is waiting for the right time to move on. Maybe tomorrow will be a better day to move on, but he does not realise that today can be a very very long day.

3) Thriving

This is when a person has excess physical and mental energy beyond what is needed to do the task. So what does one do with the excess energy? The person engages in free play. Free play is when the purpose of the play is the play itself, and not some rational outcome to be derived from the play. The person will be like a baby with an abundance of excess energy, and he  experiments just to see what will happen. Maybe some good will come out of it, or maybe not, but that's not the point. The important thing is that it is fun. However, this is not a state of equilibrium too. Perhaps one of the creative experiments will lead the person to explore a tangential path, and he starts the cycle from category 1 again. Or that abundance of energy is sucked into some black hole or to fight some energy vampire somewhere. Or perhaps there is only so much things to experiment with and eventually one will get bored and have to find a new pasture to play again.


In terms of work, I'm thriving. I usually don't get drained by work. On the contrary, work tends to revitalise me somewhat, as long as I'm not doing 14 hours a day. My free play will be to experiment with different ways of teaching the same thing and to come up with better worksheets or analogy to explain something better. Recently I am teaching a poly engineering student some really hard engineering math, involving Laplace transformation and Fourier series. If you've not heard of it, you it's only natural. Nobody except those doing some deep calculus or electronics will get to do such stuff. I took home the lecture notes and had a good time 'playing' with the tutorials. If I'm just surviving, then this will be yet another chore I had to do. Instead, I treat it as play.

Last year, I was on survival mode in terms of taking care of my kid. I'm just taking care of him mechanically because I've barely had enough energy and will power to do anything extra. Now, he is about 1.5 yrs old and just starting to walk in his quirky way. I've started a night reading program to expose him to written words and dictation. Also starting to treat him as an adult, talking to him despite him not knowing how to talk. I've no idea whether it will work, but I'm experimenting. And since I'm experimenting new things, I must have energy to spare. 

But the thing about parenting is this. Just when you thought you had mastered everything, the baby evolves to a new higher level and you start scrabbling to unlearn and relearn how to survive and then to thrive. Rinse and repeat. Hence, I think as a parent, being on survival mode with occasional sparks of thriving will be quite good already. Come to think of it, I think for everything else, being on survival mode with infrequent thriving mode is a very ideal situation.

Maybe that's what cruising is all about. I'm not young anymore. I know my strengths and I know my weaknesses. I also know what I want out of my life. I don't need to pursue every opportunities that comes my way. I have the power to say no, and I intend to say that to most of things that come my way. If I don't feel 'hell yes', then it should be a 'no'.