investing or trading it is similar to gambling in some ways in the fact that you can never hundred percent guarantee there's no there's no there's no way anybody can tell you that okay so if you put it into this the next day it will guarantee to go up it's never a hundred percent it's always like uh at best a ninety nine percent and


if it it also depends on the kind of approach that you take regarding investing and trading because if you are like one of those people that you put into stock and then you are constantly watching it and taking it out putting it the money back in and taking it out and you're very active on it, it gets to a point where it is similar to gambling because you are constantly hopping on the fact that it goes up immediately so it can quickly sell and make a quick profit but from what I've heard from like my parents or people that have been


like investors for quite awhile like you know the big names in the industry like warren buffet all those people is is it's not it is true is that, if you do put in any if you do invest for the long term so we're looking at like decades for ten twenty thirty years if you put money into that it doesn't become more of a gamble as if you give if you give it time it will always increase it's just that it's not it's not fast it takes decades


oh yes yes true that's true


no absolutely not alright


oh yes, definitely


that's true


, or you could just oh yes that's true


ya but I think in like like what you mention is that you won't completely crash in terms of for stock market I think the similarity to gambling in this case is that when


it's consistently losing money and you see you see the recession like you mentioned you see you see like a giant thirty percent drop it does stress people out because that is a huge chunk of their money suddenly disappearing so I think that is very similar to gambling in the sense that you have to, people can lose their cool and they can panic and they can do very unusual things that they wouldn't allow or that normally would they wouldn't do when you see like or you see maybe you just lost a hen blows like half of your your pot that kind of thing


oh


that was true, alright I'll, definitely keep that in mind yes I'll definitely keep that in mind next time when I get into investing


yup shall we start the recording


recording, negative experiences alright between the timely shut out to join okay, so ya let's begin okay so


well this is definitely a more sensitive topic per se but uh it can go very deep, but okay well I guess we shall we shall not, go by the prompts for this one but actually I I want to ask is that how how do you perceive sadness


yes, okay so I don't know if you can okay let let's try to recall a sad experience and how how did you handle the sad experience


sure sure okay ah so, uh actually for on the question no I'm just kidding okay so for a sad experience one most recent one I guess it is to recreative related but, sad in the sense that uh I was taking part in this project that was off the books it was not a school project so I was against I'd say I think five other


people and, I had quite low confidence in my my submission so uh we went through like I think three rounds of of mid moderation for for the submissions and I think after the third one they didn't pick mine


and they take some other person's some someone else's submission so I felt slighted by that because I actually did put in quite a lot of effort for that one and I felt that my what what I made actually contributed more to


what they were asking for in terms of the client's side so, okay uh it's kind of not exactly very sad experience in a sense because I feel like I've dived to deep into, like work and I've kind of geared myself


too heavily to the point where by most of the time when I feel slighted all this or sad or any kind of negative emotions it gets to a point where by I'm to used to telling myself that okay it's sad but you don't you don't actually have time to stay sad so you got to keep moving


so yes unfortunately there aren't exactly very, sad periods of time like what people would expect it's not like uh I don't have like uh a month or years time where I've felt sad the whole time which I think that's something that I've been quite blessed with but


I know people that actually they've been they they've had times where they they've been sad for a quite a long period of time so, I I don't know if you got if you if you know of such such people that have had this kind of experiences


I think I do


okay okay


okay, okay uh


I I think I I think I do know what you're talking about yes yes okay so uh okay I I I think I think the two of us aren't exactly people that have got really sad stories and bad stories so unfortunately, okay ah that's true


okay, okay


understand understand is that you felt like uh you can help the whole team if you if you had done more, okay I see I see okay okay but okay so


okay


uh I actually kind of want to move back to the topic earlier that I mentioned about like what is my perspective on on on negative experiences yes so, yup I I've


I've got something actually I I don't uh do you have something at the moment, or if I could start first right so uh, just talking about negative experiences in general I want to lift something from the late kobe bryant uh you probably know who he is you probably know who he is honestly


ya it's quite unfortunate today it's unfortunate news it's unfortunate, but okay ya okay but uh, while mentioning kobe bryant earlier one thing I want to lift about negative experiences and like he he mentioned it before I I think I've I've seen quite a lot of interviews but I think one of the interviews that he's mentioned is that


how negative experiences so I mean for him most of the negative experiences would be failure and he's a basketball player he's lost quite he's lost a lot of games and, that's probably where most of the negative experiences come from but the one of the most interesting things he said like like when he's talking about his perspective on negative experiences and failures is that it's our opportunity to improve which was interesting


to me because I I actually also draw a lot of my my concept of thinking and like based on what I I do and how I act a lot of it come from him also so in that that whole marketing on the mamba mentality and there's those those things, but a lot of the interesting part is that he mentioned that like just mention again is that failure and negative experiences is opportunity for improvement


so if just just to link it back is that earlier I did mention is that a lot of the things is like I see myself I I just see myself moving forward I don't stop to feel sad all that kind of things but so some of it comes from there in the sense that


I mean it is normal for us to fail we all fail in a lot of things so I don't ya


might that's true, ya I mean I've definitely I've definitely had situations like before whereby like like I I feel bad because something else happened outside of my control and, uh so unfortunately I'm also I'm not exactly a very nice person according to a lot of people around me to bring up these topics because I've kind of wired myself to think that okay I feel sad but feeling sad doesn't do anything for


what's going on it's it's kind of it's kind of heartless I understand I know I know err what what where they're coming from in that in that perspective but a lot of it comes along the sense of I let's just say something happened uh, for an example I think something all off us can agree on is that we messed up uh uh exam maybe so we messed up an exam come back we get unsatisfactory grade


we can feel sad but what what would that do for you you can't you feeling sad won't help you change the grade, and I I I kind of applied that to a lot of things that I do ah so, uh a lot of things like I I I didn't get this thing right I didn't do it properly so end up the whole thing looked terrible and I've got to redo the whole thing so I feel sad of of course I feel sad because there's a lot of effort I mention that I put ya you put in all the effort put in all the time and it doesn't come out right so I feel sad of course


of course I do don't don't get me wrong I don't I don't I don't I'm not I'm not excused from feeling sad but I find that I I bounce back quite fast because I don't let it stop me because that doesn't provide any value for me so I just push without thinking


oh no what happened you drop something oh no okay


about the fact that both of us we're we're solution thinkers which which I agree with you on that


of course oh definitely okay


uh


ya you you can't be happy all the time also that that is true it's not that's true, that's true uh


you know just now I think just now you mention about the fact that there is the like you you you no doubt you felt low but you kept pushing because there was the confidence, I think you mentioned that earlier right you can you can but I think okay while there is there is the confidence there but uh a large portion of it also comes from the belief that


it will get better because you did mention is that like eventually it does improve and everything but that also partially comes from the believe side it's not entirely just about confidence, I don't know if you agree with me on that ya that's the that that's important


so okay uh I think another question that we can probably try to talk about is on how because okay like you mention that negative experiences are inevitable, all of us will experience negative things in our life so how would you explain to somebody like say maybe next time if like your your your son or your daughter how would you explain to them how to dig themselves out of it like how what would what would you


approach be in terms of the parenting side how would you advise people to to dig themselves out of their hole, okay


uh we we could make a we could make a a stretch right now try better constructive, so let's say uh next time they they're trying they're trying their hand at say making a cake or riding a bike but then they they mess up


so obviously they feel doubt yup let's go with that


okay, okay uh


I will I'll try a different scenario in a sense that let's just say, they they play, they play a sport and then they lose they lose a game so in that case uh one thing I could probably like because the the thing I want to get across and the one thing that I wanted to understand is on the fact that


as long as they've done everything under their control that's perfectly fine and especially if it's like a basketball game so I'm trying to think of a situation here but let's just say that actually can't think of a similar here but I could think of


good


uh understand


ah okay, ya okay honestly uh that would be like it depends on the the the child also but uh one thing is that I would love I I would love them to be actually competitive that that that helps it a lot but let's just say the competitive standpoint so


let's just say I'll use the scenario earlier I mentioned so like they play a they play uh basketball basketball they lose the game, they lose the championship for the year in their secondary school or their primary school and they're sad so obviously they're down so I get I guess the one thing I want them to understand is that one thing that helped me get to


where I am is the fact that I might have failed but where where did I go wrong so kind of like figuring out where you could have done better in that situation so uh I think you know so there's there's like game film you know you know this kind of things


the game film so you're able to rewatch the entire game and see what happened here and there so, ya ya so I think what I would I I, I wouldn't mind doing it with them because at at least they feel like they can work with somebody on that and I think that, it helps development so


uh one thing I would, do with them is like we probably watch the whole game back see where where where they messed up because like you mentioned it's never going to be a perfect game it's never going to go perfectly to the point where there's no mistakes there's always going to be mistakes so, I could we could talk about say when they watch the game so let's just say they missed the pass or the could've done they could go and thrown it this way or they could've done something else differently so but at least like I create I cultivate the mindset that okay so


you might fail but what are you going to do differently the next time so that you have better thought you have a better shot the next time to do it better and to win so it's along the sense of what, is going to be the next course of action for you so I I think that's what I would get across to them


I I think a lot of it is also is so similar to how I think now so I would try to, I I wouldn't I wouldn't I don't want to say along the sense of I want them to think exactly the same as me but I want them to understand the benefits that come with like feeling sad but then figuring out what is the next thing that they can do in that situation so I feel like I feel like that's very helpful for them


yes that that's very important, oh yes very complicated ya but there is something along the lines of uh something that is better headstrong and actually that does have a place in some like for some people they actually perform better when they use emotion


like when they use emotions to to to lead to direct them some for some people that actually that actually helps them that actually makes them do better so, I think it's also important that when they're younger or when they're in development stages they actually figure out what it is that they how how how they can get the best of themselves and from everybody around them so if they are a person that acts better on emotion then once they understand that once they've realized and they can confirm that that's true so then after that


uh they know that's a thing then they can leverage that to the best of their abilities ah I think that's what's important for them, ya it is complicated but I think once they it's it will take time it's never going to be instantaneous it's never they're never going to figure out the first time but I think once they figure it out once they do take the time to figure it out I think once that happens that's where they can go very far


that's fine that's perfectly fine, that's very that's very fine because I think that okay like you mentioned earlier that while you might be thinking one thing but you're actually feeling another you have to go through that also to understand that okay that is not right with the thing because if you don't have that I don't think you could have reached the end stage whereby


uh you come you eventually with you found out that you are supposed to feel this way, upgrade yup I think that's done


recording, positive experiences okay hung me out to dry I hung you out to dry again now it's my now it's my turn alright okay so uh I'll start us off again so uh we're on we're on the second the section so now it's on positive experience life so it's a little a little bit less uh


formal kind of topic compared to the first one but it's it's good so, oh ya indeed indeed so oh we've got quite we've got quite a few prompts so okay


number which uh why don't you pick a number ya sure sure let's go let's do it


okay actually !woo! alright, travel experiences uh, I actually used to go overseas quite a few times more more often than currently when I was younger so while I've been overseas more often last time like last time when I was a kid now I actually


I actually don't go overseas that much all though now I remember stuff better but, one of my more memorable travel experiences I can remember was actually when I was younger so primary school so we'll we're talk talking about almost at least at least ten years ago but, this was in japan it was it was obviously winter in hokkaido and everything and


the food was amazing every every day was just really good street food everywhere of of course I was freezing but that is a very small downside in in my opinion but I've I got to eat lots of good food everyday it was about like I think it was a week long travel it was really fun, and I think one of the more interesting parts was the I think one of the people on the trip also had the same birthday as me which was very interesting it was it was very interesting we didn't know that at all so then uh at the end of the


it was actually also during my birthday week so when I it was my birthday the other person also celebrated at the same time so I remember seeing two cakes coming out and then there I I I I figured out who was the one that had the same birthday as me it was it was pretty interesting, what about you


it is good it is very good


same as me


uh okay that that's fine that's fine let's just uh number oh number six looks interesting what do you use to hate as a kid


but now love as an adult, oh sleeping, ah that's that's an easy answer we use to hate sleeping I I think everyone can agree on I think everyone can agree with it imagine us next last last time as kids it getting forced to sleep at ten o'clock now now it's a miracle if can sleep like before twelve


alright that's true but you can't, uh I understand what you mean I I've had that before too I sorry you're saying


now but actually uh you mentioned earlier about the fact that uh like you you you wanted to sleep then you're thinking about all the things we're doing with that time, uh but actually I don't I don't have that as much like now because uh I've come to a certain understanding with myself I don't I don't know if you agree with me on this but


I I tell myself is that okay what like I might feel like I could be doing something else better with this time right but I'm understanding that this point when I'm going to sleep I'm already tired I am not in a good condition, to be doing mistakes so if I were not to be sleeping and I would be doing the work there is no way I could be performing to the best of my ability at the work I'm supposed to be doing so


if I think about it in the long run it's actually uh kind of overall there's more value to sleeping compared to trying to push on and do that work that I tell myself


ya that's oh no there is no free time no you are very wrong , uh that's true that's true ah okay ya right that is true


no but, uh underlying is that well head apart from the fact that last time as a kid you would be you would hate to have to go to sleep because you want like you mentioned earlier that we we'd rather be playing or rather be watching TV or rather be eating ice cream or something like that but now


or if we can sleep five six hours a day it's amazing already because we have so much to do, ya oh what else


you hated those how, how, oh really how come oh


oh okay, why I actually did not see I I do not see that coming, ah okay actually, for me one thing I hated as a kid I would say it would be ramen broths because uh ya so no it's I'm not I'm not kidding so like you know ramen broths you know like they have got different flavours and they're usually rather rather thick so it's it's very heavy


ya I I wasn't I wasn't a really big fan of uh like the heavy heavy broths that ramen would usually have but then uh as I grew older I started to eat more and more teochew food, which I I I'm not sure if you are aware of but basically the culture of teochew is that the flavour is either on one spectrum or the other it's never like in the middle so like after awhile I got more used to the heavy heavy flavours and like very strong taste of like any any kind of


like of the senses so sweet sour spicy all that kind of thing it it's it's like on the other end of spectrum so I think after a while I got more used to it and then as I ate more of it I grew to love it so as as a result now I really love I love eating Ramen it it's one of my favorite foods I if if you are if you were to tell me if you were to ask me if there's only one food I could eat for the rest of my life I would say ramen


ya, at this moment in my life I'm going to I'm kind of going to throw a curve ball at this


ya I I I'm not going to be able to answer it like say with a conventional answer like oh say like uh, I had a birthday party or something that not not those kind of like conventional answers but happiest moment would be knowing that I can be doing a lot more in the future


ya ya it's like I I did mention to you it would it's not a very conventional answer it's a more unusual answer in the sense that, not exactly a moment but it's more on the fact that uh I mean granted unforeseen circumstances but always going to be moving forward we're always going to be growing so I would say something I aim for is that I tell myself is that it's gonna get better if I work for it


so that's kind of what sets it for like if the happiest moment is that it's constantly going forward so like happiest moment is always to come, ya it's a it's it's a more unconventional way to think but that that's kind of something that I work with, ya I mean


what eh what is good I do I do have to acknowledge that as a result of that I'm no I'm not a really good person at enjoying the moment there that that's one thing I have to concede a very big drawback in that sense I'm not good at at enjoying the moment, ya that's true what about you happiest moment in your life


nah that's good it's it's it's fine it's it's up to us, alright okay we played before we played together before, right sure sure meh


oh yes oh yes I forgot the name but I remember the story, okay


okay


oh that must have woken up your neighbours


ah okay so you're not alone alright, glad to know your neighbours are football fans as well


alright oh oh yes it does


we've got another prompt so should we try the this prompt uh what is a skill or an ability you're secretly proud of having shall we try that prompt there there was a prompter on that asks what is a skill or ability that you are secretly proud of having


oh it it's in the chat but it it ya okay I got to I got to take awhile to think for this one secretly proud of having


well I guess no secret after this, well but, one skill or ability, no, nothing much comes to mind in terms of secretly proud of having because


ya because skill or ability uh, uh, I would say the fact that even though I haven't been the most talented in what I do for like my daily work in terms of creative because I I I am I would consider myself a creative individual and


even though I'm not the best or the most talented naturally at what I do I still I'm quite proud of myself for having being able to, still be relentless and still put in willingly put in more work than anyone else in my class or anyone else that is near me so I think that's something I'm actually quite proud of well actually we should we should mention yours first before I dive into mine because I could get I could quite I could get quite in depth for this


ah okay , okay so uh just a bit of context is that uh I do creative work so it is a very, intangible field it's not something like mathematics or science where it's pretty straightforward and there's like a set equations do it to figure out the problem creative creative work it's kind of like a very undefined path it's always it's always uh it's always structured differently every single time you do it so


on that fact it gets frustrating of course for everybody if you are constantly behind people and you're not exactly on the top everytime, but even with that I'm not sure where what what within me came to that self realization or self deciding factor that okay no matter what even though I'm not the best at it I'm still going to be relentless and still do everything I can in my power and humanly possible to try and reach their level of talent


through pure hard work so it it is frustrating of course but I still find that something that I'm quite proud of, I think that was a good one minute have you have you done something


in terms of creative work it depends on the person, ya there is there is uh I know what you mean


ya that's true but okay, besides that point of view uh I I might touch on that point later but in terms of how much of a percentage per se like let's try to make it quantitative sia but if you're asking about how much of a percentage you'd say talent is


there are large a large part of it depends on the person because uh, there is a long way you can go from being having hard work and not having much talent it just will take a lot more time but in terms of how much it factors in I would say about sixty percent actually it's not not not not overwhelmingly


it's actually only sixty percent that actually if you think about it's only you know it's just just over half so, one thing especially in creative ya because uh it is it is it is partially due to human nature that if you're naturally talented something there is that level of confidence that can turn into arrogance so once you get arrogant and once you get overconfident especially in creativity like creative industry


it can cause people to implode and it can cause them to not check themselves and you can basically drop them off completely so, while having talent's good and obviously it makes it a lot simpler for you being talented also brings its own problems and while you'll be talented you must have the right vessel like you must have the right individual to you know to bring the best out of that talent


ya, so like I mentioned is that I might not be the most talented but I am very happy with the vessel that I am that I am and that I myself for you're saying


oh that is very true


no I I don't I don't like the word of lack per se because


that's true, that's true but okay I heard this saying on this this this word this quote from I'm not sure who it was but it it was pretty good because uh it it was along the lines of how that luck is being able to capture the opportunity when it comes


especially in the creative industry because it's not something that is always concerned is not like a a no disrespect to a nine to five job but it's just something like a nine to five jobs where it's always constant and it's like it's always going to be there because for especially creative industry work doesn't come every day it's not constant so luck especially in the in in creative industry whereby


you want to gauge of how good you are is, based on what you produce so especially in the case where, when the opportunity comes for you to take the job right correct if you are not ready then it's going to pass you by and then you will have nothing to show for it so you might be talented but if you got no


portfolio if you don't have like the the work the body of work to show for it then in at face value you aren't seen as talented because there's no proof of it, so yes I will I would reinforce that luck is the ability to be able to capture a lot of opportunity when it comes by


circumstance but I believe a large part of it can be contributed based on your own self because yes because ya there is a level of hustle that you need to have because you need to go out of your way you need to throw you need to put yourself out there you need to put yourself in the uncomfortable spot to just be like go out there and find let's say


okay uh I view on the block but I'm willing to do the work you put yourself out there not a lot of people willing to do that so once you do that you at least stand out a bit more than okay this guy's got this guy's got guts so he's willing to step out and he's willing to say that okay he's definitely not going to be one of the best right but he's willing to put in effort


yes that is very that is quite important I would say in especially creative industry, quite


financial wait what wait financial uh okay


I think that's just like anyhow right, so you just what's on your mind, okay


ya it just recently started, so this year after getting some NS peer, alright


not really interesting it's just uh, I think if you're looking at like maybe a bit restrictive because uh diving into the stock market, uh in the unit trust and all that kind of thing shares and bonds could be a bit, uh scary at first lah so maybe you can start off with like one of the robo advisors


such as uh DBS they have the, this called ibanking uh no it's , digi portfolio that's what it's called, you can try that one lah that one is using part of your, uh, there isn't much cross platform lah it's just directly from the


from the bank itself, that's uh one way to start, okay


it's recent it's not really new it's uh using uh data analyst they I think I think it uses AI but it uses this kind of interim kind of automate clear sign but of course there's still human input as well


so it's ya it's uh ya no no ya ya


I use the robot advisors because at the start it's , there's more frustration lah because there was quite a lot because uh if you want to invest in the stock market you need to have a SGX account, in singapore you need to have a SGX account so, to do that you have to first


apply for SGX account then after that you must link it with your broker so in this case if you're using DBS uh DBS vickers, you have to link it, it was very frustrating because they took so slow , but they didn't reply me so it was quite frustrating anyways, ya so I tried the digi portfolio first lah it's my first step you know


it's not bad it's very easy, but uh, ya is there they does come some with some risk lah, all investments ah ya


okay so there's , for for when you first think of investment , me first uh, ya okay when you first think of investment you probably would look at the stock market and the price of the shares right


just uh keep in mind that this may not always, the amount of dividend that the that the company will give if they are dividend paying company, so let's say


I I guess I uh I don't really have an example for this lah but let's say if a company, count the shares stays along stagnant, but the company pays good dividends, like let's say because the banks only give like less than one percent so even if a company gives maybe three percent it's already more than three percent per year it's already more than what a bank would give


so even if the share price could fall a bit, if the dividend can make up for that, that's that's good lah but, that that that still like you're still making money, but then on the contrary because they give dividends we must also look at whether their dividends is


supported by the amount of money they make if they make if they give more money than the amount of profit that they earn then that's not a sustainable, kind of business, us they are like betting on themselves, just not very safe ah that one is a red flag


ya CTF oh CPF okay CPF


yes you you can start first


okay so I I think I think what people really don't understand about CPF is that, the besides from the own like the cut the, the employee gives right, the employer also needs to give a bit more as well so they are actually getting more money than if they just had gone without CPF


and this is not including all the interest as well lah, uh but this is uh one way to incentivize saving in singapore there's uh , bigger issue is probably because uh singapore is not a really big market uh I know you don't take economics ah but


what what we learned is that it because there's a very small spending in singapore because of the small domestic market, that's why our our economy is mainly a export based economy, so the the I guess one uh economist view on this could be because like this could limit spending because it's less money to spend


but I think it works for singapore because it simply is just doesn't really make much of a difference anyways, and ya it's uh as what you said it's a good safety net, it's uh, it's it's much like it makes people it gives people a sense of security


if you want to buy house, if you need to pay for any medical bills, there's uh, very important for CPF to be there so I, I'm a proponent of CPF I don't think it's, a bad policy, unlike uh some other people, that may vehemently disagree with this such a thing


but,


I just wonder if this could this be uh because of a lack of education for the, the uh general populace, just like not not understanding the full intent of CPF, uh


do you know you can use uh CPF money to, invest, ya you can you can do that


ya uh I discovered that recently as well because uh when uh went on to like actually exciting, and there was like options for CPF uh like, from the CPF account instead of your DBS or OCBC or whatever, so I


probably ya then it will defeat the like kind of then probably maybe like a percentage or something, I I I don't have CPF , still not at that age ya


singapore savings bonds ya that's another, that's another thing, uh it's a , it's a bond like basically the singapore government, uh gives you like


so you basically you give money to the singapore government then they will use this money to invest in other things then afterwards you can, uh get your money back with like just maybe after a few years they will pass you some interest, this is very very safe because it's singapore ah they will have to pay you back arrears ah if you ask for it


so it's much safer than the (hmm) same


okay so shares shares uh, uh things that you buy from companies they give you a share of the company, the bond is uh you buy from a the government, and then the government, se this money to invest as I said before then after that after a few years they also give you some interest if you want the money back


you will just sell the bond back to the government, so uh this bond is, I mean the government has to pay you back lah because you have the bond right, so, it's very safe ah unless something happens really really disastrous


so this this probably the safest investment technique, (hmm) no ah uh okay


okay the difference, !aiya! okay wait singapore savings bonds they do not give you dividends, they are purely interest base, so it's similar to putting your money into the bank


right but there's more interest, but you cannot retrieve the money back unless you sell the whole bond, so there's a bit of difference here, uh so, ya so basically that's it lah you the the price of the share


will not fluctuate, because the bond is is basically putting your money into account, the interest , is more than what the banks would give, but the problem is uh, it's not as much as if you were to have


put it into a share, so you're compromising whether like you want to, reinforce safety security of the money rather than, ya (mmhmm)


the good thing is uh the entry the entry, to singapore savings bonds is lower I think, ya, but they only sell this kind of savings bonds in in windows, so like, maybe they'll say there will be a window in october


and you will bid for the bond, ya the this kind of thing, it's usually different types ah I'm not too sure myself, (mmhmm)


okay eh you can go first


(hmm)


yes that's right because, if you look at the trend, a lot of the big companies right it doesn't matter how, how much you'll fall in the short term even if it's past , current recession right, if you hold it there for let's say ten years twenty years it will rise again like this is this has been a trend


for the, when records have begun lah, for if you look at the big I mean there are some exceptions right because big companies do fail sometimes, but a lot of the times the it's, quite safe if you're especially if you're investing in these kind of blue chip kind of stocks


so like the the bigger companies right ones that probably move eh Iike such as uh singapore airlines right do you think singapore will let that fail that's not going to happen, yes but uh err err, there the point you made about okay there there are some different uh types of investing right they're investing for a long term


there's also day trading which you, put in a buy a stock and then sell it in the same day, then there's also shorting which is selling the stock first then buying it afterwards, you're betting that the company would fall in price ah, two weeks


right so ya uh one takeaway is that, if you are trying to make money fast, then that's always a gamble, because, there's no security that you are just hoping it to, you get I mean ya but


I think one major difference is that if you're in the casino if you're gambling, you, there's a chance that you will lose all your money with it, right, but for stocks you're not going to lose all your money because unless the company completely just gone but even then


ya, so it's a it's a big difference I think, so I think if you're looking is the just , play it play a bit safe maybe until you learn how to read the market a bit more, just uh go for a bigger companies lah companies that


uh more stable less less volatile, ya, so there's a much safer option lah, cause usually if you were invest you you should you should hold it for longer, right, especially if you're just starting out


(mmhmm) (mmhmm) actually when


when that happens you should actually counter to vi you should buy more of that stock because then you can practice dollar cost averaging, then your so you buy buy a stock at high price then you buy another that same stock at low price you're actually buying two times the stock at a medium like medium price


so if it does go up you're you're basically pulling the average down, ya okay , ya so that I mean there's a, that's a great advice ah I think they uh pay online


don't don't panic ah don't panic when that happens


negative experiences in your life, eh got you man


it's very deep it's very deep, , I never perceive sadness


that's really broad can you narrow it down a bit, oh


really not good at this man but, talk about sadness I mean sadness is an emotion lah I guess it's , you want you want to start first do you have anything in mind, okay (mmhmm) I don't think so


maybe, uh, okay wait how do how do I bring this across, a person that both of you both both I and you know, do you know who I'm referring to


alright so ya I think I think there were like a period of time after a levels lah, and he was uh very, demoralised after he received back his results, ya then he like really just


I I think ya he was really demoralised lah so that's why I I think, I think this this happen quite quite, like it it will lasted quite quite a long time, is it after that uh I think he has some relationship troubles as well which I I did not probe


because I I just didn't think I would be, qualified enough to hear it and I don't know whether he would really want to share it anyways, do you know about it, you know what I'm talking about within the ya you know it you know if you know you know


but, well because a lot of the sad times that I may may experience it it would I think uh a lot of it dwells into like regret


in the end, beside if if I had done something differently that kind of that kind of thing, ya, if I could recount one, where this time I was facilitating for some event


and uh because there was some downtime like because uh during the event I was basically my part was settled so I just walk around and I I went to my friend lah, she was in charge of the, audio station for the for the music and all that


then I think a lot of people a lot of the participants were were just like, I mean the consumers the end of the whole camp lah basically you can call it that, they'll they will go to her, like just asking for some songs to be played they really stressed her out all lah then I I mean I did not do anything to help that situation


so at it's a very , wait oh ya, no lah because I I don't I think I kind of like piled the pressure on as well so I I think it's uh really my


like I can't say that I'm I'm faultless at that also then after that I call her like, after the after the after the event I called her like, crying is really, ya I felt I felt really awful man, then ya


ya I I I also didn't really, I didn't really know what to do I I try to talk to her, but it's it felt like I I I had no right because I also like didn't really, help her in that scenario sorry


negative experiences okay, it wasn't my negative experiences but I I felt really bad, really really ya you continue okay ah man alright


oh but you know you know the chadwick, ya oh my god , perfect timing but unfortunate, I think


I think it's a bit of different are there, that's why you say about that then, because it it it feels sad because it's something that you did you put a lot of effort in, I think in my case I think this scenario is more feeling sad because


of someone else lah I think, not really for, not really something that happen to you,


were wasted are you, I I think


I think you're a guy and I think I also, oh shit oh, whoops ya no I knock the table with the phone okay nevermind , where where was I , okay I think you and I look for solutions to the problems that we face like


instead of try mull about it for long periods I think there's a lot of the, I think this is one mentality of to not be so hung up about, negative experiences, but


(hmm) where where was I going with this, I lost my trail of thought wait hold on I err err err right okay


okay so so uh let let me recall something lah when during during my A levels I, I like during the, like miss right in the middle there's a lot of stress right with things coming up


yeah especially like competitions and you got exams I wasn't doing really well I wasn't doing by all for my meals, so I think at that moment I felt really low ah, it there there was this feeling of like


damn it nothing's going my way, but there was also another feeling of, something will happen eventually, if I just keep I think I'm on the right track at at that point even though things were looking quite long


think if I just continue to to put in this this amount I think eventually something good will happen, so, I think did you that that has to be there some that that kind of confidence, in knowing that


even though things may not look good now, things will pick up in the future, ya, ya of course this cannot lead to over confidence ah because if things need to change it it needs to change, so it depends on, ya there has to be a balance ah


so you cannot be sad all the time but you also, cannot not be sad sometimes also, ya it's not uh not healthy way to live [loh], sad near no when, I mean especially if you are being sad for someone else it's like empathetic issue lah


but, and I I think that would, it , help you connect with people better if you can empathize it with them, ya


then I believe believe in his herself live ah, ya ya oh man parenting side


!wah! (hmm), I think one you have to, well if any it's really it's very situational, right but alright okay uh


so you're scared and missing out lah, I think one one thing about being sad like maybe not, you feel like you're really bad at this, or you can't you can't do it lah no matter how hard you try to see other people there


ya like uh, naturally talented they don't need that much uh effort and they they can excel, think one thing you have to realize is that there is no need to be sad about this, because it's


it's very uh how you going to say ah, doesn't matter how good other people are, right, not not as doesn't really matter, it's a new, it is it's more important to


keep trying, so even if if things don't feel like you think and nothing's going your way, I think it's very important to look up and, persevere on


keep going at it lah to, and eventually you'll get it lah, because this is this is the sort of thing that if you keep practicing, or if you keep learning you will you will eventually be able do it as well as as the best of them


instead if if you're going to say like if you've done all that you could then it's it's fine, for me I, I'm not sure I would, really, okay let let let's let's think about this way


it's , you know for PPS sorry I didn't do, what I think I could have done eventhough that's what I told, uh, my other people my parents uh said, uh it's pretty much the best I could do ah, so I I think a lot of the times you could say that this is the best you could do but I really don't think that is it I think it I don't think you know your limits


I think you could have done more I think in a lot of situations I think I think I could have done better even in other scenarios even though I ultimately was, I I still did okay but I think I still could have done better so it's not a matter of whether like I did my best because I think there's still more that I could have done


so I'm not sure how how I react to, to that lah I don't I might not, be it, the my I like ya


ya it definitely, (mmhmm) (mmhmm) (hmm)


oh oh that that's why you were


(mmhmm) ya it is it's a character development


it's important, emotions are complicated , where they what sorry oh emotions


still very complicated to hear, I mean you could you could, you could think that you're feeling one thing but actually your your mind is like something like feeling something else so it's very hard to pin down it's very hard to pin down


I think sometimes (mmhmm)


yes , uh ya


although it's a very heavy topic it's deceptively deep, and the next one as well !wah!, !wow!


why don't you just wait and pick a pole, uh, really use uh , (hmm) , what is one of your most memorial travel experiences


I think that's uh, it's group go on, !wow!


I guess the most memorable one would not be positive so I guess that would really fit, been to I haven't been to japan but I really want to go, yup, welI guess I've been to taiwan a couple of times


and it's a it's a really nice uh, it's nice feeling ah when you go there with a family, guess than the , we went to, it was it was, quite long ago ah I think


I'm six years old that's quite long, ya uh, we went there because my dad was uh working, uh it was a overseas lah so we we went there then we just try and find him lah it was quite


quite a fun time but, ya it's just memory to me I I can't really remember a specific experience eh, but it's it's memorable lah but I I think maybe we should just continue , uh oh


, (hmm), sleeping yes , oh ya


oh man ya, to be honest I I don't know sleeping is a love hate relationship you know because sometimes when you're just tired you just want to sleep but then when you're sleeping, you just you kind of think about how much time you like this this time you could've use on something else


especially you have limited time ya, so it's a , uh it's a bit it's a bit of a love hate relationship with sleep lah, (hmm) okay ah


I think it's a very, a different culture lah let's say you're currently in school lah so there's a lot there's a bit more free time for you to do yourself your things, well I mean I don't know man when I come back on the weekends it's just like !wah! how how can I make the most of this time that kind that kind of feeling so it's very


I don't know, because you have you have to wait the next week before you can do it again or whatever do do ever you ya like whatever, send you ha so ya


do you know do you know what I used to hate as a kid but now I like, so uh the you know the mcdonalds it's like the pancakes the hotcakes, no no no no I I like them but when I was a kid I didn't like to put butter and syrup on it


ya I just ate it plain because I don't know the taste of syrup then it was like maybe, too thick lah I don't know I just didn't like it then, but now now I do it ah all the time, so I mean , ya ya it it still still fits man


will adjust but ya, oh what ramen broth is that salty ya okay okay


uh okay okay I see


(hmm)


!wow!, what's your happiness happiest happiest moment in your life, I have uh idea in mind, oh !wow! okay that's uh that's a moment


so like uh epiphany


!wow! that's that's very deep, but, so it's always on so you're always like looking forward to the next big thing ah basically, uh, it's a good a motto to live by, eh


okay lah sometimes sometimes living too fast paced isn't great lah, (hmm) , well , this is all so superficial , uh


okay let's see it , I can't remember the date but oh man it's about football lah so you can already tell, ya so it's, I bet we heard it before but, I mean I don't know how much of the context you are going to


can I just explain the whole context , right you know in in nineteen ninety nine I told you about the comeback right man united versus bayern munich I told you about it then you know who scored right in the ninety third minute to win the game


ya you remember the story that guys that player's name is called #ole gunnar solksjaer#, and then in twenty nineteen twenty years after the comeback he came back as a manager of man united, he went on a winning streak and he finally lost to PSG in the champions league round of sixteen


first league two nil, so then people people were writing everyone uh people are writing united all lah because nobody has ever come back from two nil down at home, and then they go in and I remember that day uh the day before we had training a football training ah so I was uh


uh with my teammates then I was I was talking to them I was telling them I have a good feeling about tomorrow something's going to happen and I ya then they didn't they didn't believe lah and that's why it was at three AM I remember waking up I was like so things I had competition the next day


so it was really not wise of me to wake up that early but I did it anyways lah, so I woke up then I watch the match then !wow! them because their manager ah he was a player he guided united to like a comeback from that two nil down to win three one uh to win three three on away goals


so they went through, in the and the the goal was scored in the ninety first minute or something crazy like that I remember that we're just screaming so loud when that happened, my father came out right at the right the right time also so we're all like was screaming leh


I think we woke up the neighbours but I also heard also heard the neighbours shouting as well also so what I mean, ya I'm not alone there, that is one of the happiest (ugh), ya ya it's it was like that kind of more is such a rush you


right at the end, oh man that's really really great, uh sports really like gives me a lot of, happier happy moments ah, that time when


uh united came to singapore right, I think it was a great moment lah because, uh it was hard for me to find tickets lah, yes uh, I mean because it's very popular it's sold out very fast, so when we did ah it was uh great ah I brought my father and my brother there


ya then it's the first game that my father went live, to see man united even though he has been a fan for thirty years, ya so I think it was like I think he had a great time ah


okay anything else, (hmm) sorry what uh oh really where


is it oh okay no gentleman alright, eh you start ah, (hmm) secretly,


ya uh secret is a bit , then why you just just a skill or ability that you're proud of having doesn't need to be secret, uh ya


I I actually have no idea , it's okay you can continue I'll think about it


!wow! yup


actually I'm I'm just uh uh actually can I just ask uh how much how much do you think, talent is important for a creative work, yes it it needs uh because I I would break it down into two things lah right because it needs to it needs to have the


the eye for for this kind of, creativity, then secondly you must ya uh sorry secondly you must be able to execute it, right so you can't just, be able to see it but not execute it right, but you also cannot just execute it without being able to craft it yourself


talent is important ah


actually


I uh recently actually just yesterday I watched a video, from <P1>barry tesium</P1> he, his his the point was that he his his point was that I think, for the best way to succeed is that just keep in mind that


everything you do, uh is only like all your successes is based on your hard work, but even so, ya but even so I think you have to also acknowledge that luck has also played a role, ya but


ya it's just inevitable that some people are just, like some people achieve successes based on luck, I mean it's I mean it being, being accepting of luck or in your successes could make you more humble I think


the saying that ya so I think maybe like that that arrogance that you say from people who have talent, could stem from the fact that they think that, it's only their talent that, push them there and not because of luck or any other external factors


(hmm)


but I'm but for the opportunity to come by you, that that still is subject to circumstance ah, so it's, to actively finding out right just go and search you put yourself out there it's not alright


part one financial related topic,


looks okay yes, ya uh I have a housing loan yeah how about yourself, oh


, I see


, ya actually let's say for the housing loan I also stuck with this situation I I was thinking of trying to clear some like uh like uh what do you call that a lump sum payment but by doing that seems that


I will incur some penalty so, ya that's that's that's that's the things then because I very bad in this kind of calculation I do not know should I just let the loan carry on and pay, !wah! for twenty three years or or or should I just !aiya! pay the lump sum plus a penalty uh


and the whole thing ya so so I I don't know how who who can I approach ah if it I want to to find out which arrangement is more economical, (uh huh)


oh uh,


[orh] from,


july is it july ah I think so, uh


, oh


, eh <P2>weilling</P2> this one I check ah what about using CPF to pay for the


school fees uh uh uh, uh uh (uh huh)


oh I see, ,


, uh


edusave ah oh, oh I see , CPF yes yes but actually


, actually I I


if I'm you I also will use this method the pay the ten per cent by cash then remaining ninety which I can also pay by park it somewhere to earn some interest yes yes so when they graduate we just pay the remaining lump sum it will be easier hor


hor ya ya ya that's what I did also last time when I was study, okay, uh uh


!wow!


oh okay ,


!wow! err regardless of any spending lah as long as they spend, oh !wow!, , err I think


yes, uh uh uh uh oh


you will be , I see, , ya at the one percent I see


actually I never, oh !wow! that's that's this is very good because the utility bill and and all this town council the amount also not not very little ah ya better than nothing ah ya lor


uh, uh I see


oh cannot exceed ten thousand ah okay, very yes yes yes


actually for for myself is the experience with stan chart ah err not very pleasant I I find that they are don't know, in terms of billing in terms of err when I call up and in uh check whether they can waive there was a late payment not because I'm I'm late ah somehow the bill was sent to uh a a place and then I shifted out of the


place so when the time the err the owner pass me the bill is is uh like three or four months late already so I call and explain and say whether you can waive but they they refuse so I find that they are not quite flexible in terms of these arrangement so from then on I I as far as possible I try not to use stan chart


oh err, oh, yes


uh, ah yes you are right ah ah ah, okay type already ah


ah I I'm I'm now using this OCBC ya you're right it just pay me slightly more lah interest for the uh


salary ah correct yeah uh but this , , so so far you you prefer your preferred bank is stan stan chart lah


but I was thinking hor if we have quite a substantial amount of money in the bank for saving maybe maybe just save this is what I heard ah as long as we have a, about six months of earning as a saving in the account the remaining is consider as extra then probably can go into a low risk kind of investment like singapore bond and things like that probably can give us higher interest as compared to just putting in the bank ah


, a bank ah oh, ew


oh, okay, for who uh, how long do you need to keep the money there the in order to join this two point four ha


oh, oh then then how about does it provide any protection is just a, (ugh) uh uh


oh eh still better than a , ya ya


uh , but but the you say the not really guarantee is the return nah but however if anything happened is still principal guarantee lah, okay okay uh


oh oh, oh [orh] [orh] [orh]


so this one is under what company the each is a separate sing


uh uh get already ah, oh I see so so you you so far you try for how how long you say how many months,


oh okay okay can try lah actually this one singlife ah, uh !hannor! because


oh that talk about bad debit card actually I have a bad experience the there was a fraud in the my debit card uh I think, for a consecutively three to four months I'm not very sure ah so they sent the bill to me I didn't pay much attention actually this fraud was using the name of a church saying that's a donation


ah sometimes is like uh two three five dollars certain month is fifty dollar so when I I thought I really do such a donation later I study the bill carefully then I realise eh actually I I didn't do any donation to any of the churches so I call up the bank and then they check actually there's no


OTP also so they waive off all these these expenses so it was actually from my debit card so from then on I was thinking is it secure to use a debit card because it debit directly from our account ya


, yes yes, ,


crazy then you can remember all the cards ah, , then that means every month in your letter box you receive quite a number of bills ah ,


this one the e statement ha it means sometimes sometimes we forgot there's this e statement then we forget to pay the bill ,


ya ya ya this is also one of my concern that's why I was thinking !wah! can I manage you know and remember what happen if they really bill me,


, , so so so you after you enjoy I mean after you apply for credit card you enjoy the benefit then you will just park it aside lah so normally when you pay you pay by cash ah is it how you do it so so


ah I see , eh you are the one of the few very rare friend will do something like that,


oh I he's the he eh actually he he takes after you he's very good in keep checking of the finances ah, !wah!


so he he actually ah eh what what what is his specialization ah, now he graduated ah no wonder this oh, wonder so he's actually very good in all these he keep track and then he try to maximize ah


, maybe he feels she feels that a few dollars doesn't make much of a difference, !whoa!


not bad leh then you have uh someone to help you you don't have to monitor all these , uh, so so if you were to recommend credit card what which credit card would you recommend to someone


(mm)


part three negative experiences, uh how


okay I start my ah my is also at the workplace ah actually I started work err march ah so err unknowingly !wah! so fast end of this month is the end of probation which is six months' probation nah, so I was very surprised when nearing to the end I receive a sudden call from my mentor


then she will say eh your job uh not up to satisfactory you cannot meet KPI and I, going to extend you for another six month I was so shocked to hear that ya so uh but I think that the KPI that they set for me is unreasonable why is that so is because the the amount of work that is given to me is the same as


people who are experience I think it doesn't really make sense okay so because of that, I have to meet the target therefore I I have a supervisor lah so I explain to my supervisor I will not be able to meet the deadline if you expect me to do this kind of work I can only do some touch and go that kind of uh work ah so my supervisor understand so uh with the touch n go kind of approach means err


I would not be able to call the client but more of uh through email, and then I just close up the case ah so for my mentor who is actually assessing me she's not satisfied with this but without this kind of arrangement, I would not be able to meet the the KPI so I'm caught in between so err so but then I tell myself lah if she want to assess so be it lah ha


then uh interestingly one day my supervisor actually ask me to join her for a visit to a client place so along the way I just felt that there's this prompting that eh go and tell her about the, the extension of uh probation so so I just share with her eh uh the mentor say she wants to extend another six month so she was surprised to hear that then she say ah never mind let me let me look into the matter


and then uh interestingly she she look into the matter lah but this thing is resolved, but I just felt that the mentor err and then the mentor err, I I because she's a mentor when things I don't know I call her and ask her and she she I'm very disappointed lah she say things like how many times must I tell you and how many times you need to


you hear from me before it can get into your head I was thinking !huh! why are people talking in such a manner err I mean you are my mentor then you are experienced therefore I turn to you for suggestion or solution I mean if you are frustrated, actually I felt that it is a a projection on me because she happened to go through very difficult times it at his work at her work also so and then she's work from home and she is single she stays at home alone probably there's no outlet so when I call her and consult her


it somehow the whole thing was manifested to me so I find it's very unfair ya but after err two to three unpleasant encounter with her I tell myself ah I think, if I have any issue I think I will approach my supervisor instead of her


lah ya so that's the the negative experience that I encounter at my workplace lor, ya ,


oh


yes I remember


ah !whoa!,


, yes uh


, !whoa! !whoa!,


, I see


ah, yes yes


yes uh I also agree they they I mean they just want result they don't really care the processes, ha yes ya, ah but I mean to be fair how to how to manage a a a staff with this kind of attitude which is not very nice ah you're her superior is it ya how can she talk like that I mean even


ah, ah then then it's actually it's very unpleasant ah to have such a attitude mean what have you done to deserve this kind of uh


uh attitude right ya but I wonder whether anybody coaches her and and actually not say highlight lah but people don't like to hear negative thing about themself like, I wonder is there any coaching session for her where she can bring out the awareness and then see whether she she decide for herself ah whether she want to change or not


, ya lah ya oh


oh defensive ah, , yes yes


ya ya


eh but I'm I'm I very I curious ah you were sharing with me how she sounded like a high flyer when she was studying lah the the schools that she attended to and things like that, but eh how come it is not translated I mean the attitude that she has in her study somehow I don't see it when she's at the workplace it is I'm just very curious what had happened in between


ya


you think humble ya I see , (ugh)


oh ah


not not kind is team player also maybe this are people hor who who can can excel on their own but not a team player uh that's a bit hard if you work there's no way you can work on your own it is always a team effort ya, !wow! then


I see ya those did,


eh then <P2>weil ling</P2> I'm just thinking when you ask her to change this and that she is very uh uh I think not, forthcoming but how about like normal err, normal interaction is she like uh rude or how is her attitude,


, oh is it


oh I see so so is there's only when you ask her to change certain thing then she doesn't like to just don't like it to be done in this manner then she will turn, turn hostile or or is it defensive ah I see I see, uh uh oh


!wah! that is also how uh okay lor then no choice lor ,


err not yet but I know <P2>mei mei</P2> has this claustrophobic, yes yes yes


really is it recently or


is it recently then you you experience, oh, ya but but is such a scene that cause people want to watch what because actually people don't want to watch already


(uh huh) yes yes okay yes yes, yes


yes , eh interesting ah I I don't know why what actually like there's this change in you ha where there's more phobia in this area hor


, yes yes yes, uh


yes no oh no, o , ya actually that is ah unpredictable unavoidable we we don't know


uh, uh uh I, see I see okay , but but does it like err uh, I mean how how else it it causes you to breathe faster more nervous and how else uh does it affect you


ah, oh oh


okay okay oh, okay I I've yet to I have yet to experience that I don't know maybe sometime down the road I might also be like you [orh], no


you mean last time you also have ah slighter lah now is more intense ah, oh, oh oh


ya crowded places I also don't like I I only notice for myself is like recently I'm more timid last time I like to go for those adventures right now you ask me to go for the what what what do you call that err, ah the themes park I I I ya I just say I don't want to go because after that I will feel very dizzy last time I I enjoy I see as a challenge this the thing that I see a change in myself lah not as adventurous as before


eh, the negative thing correct correct


, eh but but but then then they carry on ah you stay in the hotel room is it like that


it is very nice of them lah they willing to sacrifice to go together as a family ah, yes


ya I mean what's the point with one of the family member are really very scared and then we still insist we go together then how to enjoy ya ya no but agree agree ya,


that's why I'm so scared I say uh maybe you all go ahead I also like you lah I carry the bags and sit there and wait for you all to come down then they say don't want it's more fun to go together ah, ah


k, part two positive experiences, uh okay


uh positive experiences ah in my life I think is err, experiences with uh children with my children where I get to uh, uh spend quality time with them getting to know uh getting to know them better I think when they're willing to share their struggles with me or even their happy moments


err actually I I have no travel plans lah normally actually you are a a very good person to rely on for travel plans ah so because of the COVID right I actually


don't even bother to plan anything ya so I was thinking maybe for this year will just uh stay no maybe I would not even consider staycation because I think it's expensive in singapore and , a bit not worth it so probably stay in singapore and maybe we will go for some uh places to eat lah better food something like that as a way to bond together and to reward ourself for end of the year


eh ,


yes,


eh but <P2>wei ling</P2> you're saying your your job ah they only allow you maximum five days, uh plus saturday sunday so the most you can be away seven days ah that's all is it, oh


oh oh, but what is the reason for restricting the, , oh I see oh


oh I see oh, oh !wah! !wah! !wah! but then you are very committed to your work also lah because you don't want to burden other colleagues to cover your duty when you're not around , okay okay !wow! that's good eh then <P2>wei ling</P2> how is the your daughter's ah the the wedding it must be a very unique way of celebrating !huh!


, uh


uh uh,


yes ,


that's why, then you okay then at the restaurant is it


oh oh


so your son in law house hor oh, uh uh uh


, why


!wah! so restrictive ah , !huh! yes, oh, oh uh ya ya oh


yes yes yes yes, ah so that's good lah oh then then did you actually specially by uh some outfit to for this ceremony and also


uh uh uh uh


!alamak! , oh


I think the ambulance ah because my my window is just next to the main road, main road ,


, yes oh !wow!, !wow! uh uh


and then go and change and so ya so Mafan ya, !wah! god is good !wow!


!wah! you even think so far , , , ya ya they like red ah ah okay I think is navy blue is nice very sweet


uh, eh you you so you're inside the video also ah okay k k send me the video, don't worry I will not circulate I will only for myself


so uh then then then how you feel that day, uh, uh


, eh I also know ya yes yes


, maybe they're they don't think thought that much lah maybe for our generation, uh yes yes yes yes ya


uh uh yes, uh uh uh


oh so <P2>wei ling</P2> you are currently working from home I see, , !wow! what is the reason for extending it to next year


[orh], !wow! for so so err I mean uh is it helpful to work from home do you find any difficulty or actually is okay


uh , yes


correct I also, , and god is so good


yes yes yes , !wow! two ways ah two ways , correct actually now the time travel the time taken to travel can be translate to work also hor


I also find ya okay, that already ya so for myself uh actually my office is very near to my home is uh only four bus stop away ya


ya ah ah no no I also work for for myself is uh since uh end of march then we started err end of march we started the uh two team system so we alternate week go to uh office then after that subsequently because of the circuit breaker is uh


fully implemented work from home I also like you I'm also the homely type I prefer to work from home I also see that uh there's time saving in travelling and also can uh, having supervised my children you know for <P2>kai le</P2> they also have home based learning so being at home also know that things are still in order lah especially they are exposed to the gadgets so I I am very thankful for the arrangement then for my office they didn't tell us uh when we will be going back but ah at the look


of it most likely also I think end of the year or maybe next year, not too sure lah not too sure about when will we will be going back but I feel also very thankful you know ah when I go for interview I ask for flexi arrangement they say no I asked to uh certain days work from home also no that means those there those requests that I put up all rejected


even I asked for going late lunch is also rejected so I was thinking !wah! goodness me gracious what kind of company is this everything cannot then came this COVID thing !wah! everything can so it's a miracle ,


yes yes yes yes yes, yes, yes I think singles ah, for for I mean for for for us who gave up uh some of my friends who are single they felt so cooped up at home and then they they happen to work overtime lah work longer than the normal working hours


because there's no demarcation nowadays err it's just that the time the home time and the working them all blend together so a bit hard, uh !wow! uh


is it because you cannot finish that's why you have to do during public holiday or, oh


oh oh, oh I see so so then would you have any like off in lieu because because you work uh, uh, uh you okay with this arrangement, ah


ah yes uh ,


that's why , then christmas leh oh, oh , next year ah ya


oh, [orh]


, so so on the public holiday you also work like the normal hours like your normal day lah, uh uh uh !wah!


!wah! <P2>wei ling</P2> your working hours is long is, because of uh the amount of work the work load that you need to clear, !wah!


, , oh so you have been in the company for uh how long already !wah!, time eight months already ah that means you start two months earlier than me ah eh ya I think so


eh uh uh, eh I start in march eh how how come eight months ah I think longer than that, eh almost one next month is september so so coming to a year next month is september so coming to a year lah !wah! so you can foresee yourself


oh that that means ah come next month is one year, two months


so so you can foresee yourself ah staying on you you enjoy what you're doing, ah okay okay okay okay okay so so the working relationship with other colleagues also okay lah


I also reserve that part for the negative then your work place got anything positive or not,


can can you choose or not can you choose or or they just decide for you, to your house


really ah it's just is it because you work from home or or because it's like that, ha oh uh


, part one financial related topic


okay <P2>wei lian</P2> now let's talk about uh, uh loans shall we talk about loans okay do you have loans, okay uh for me I prefer to avoid taking loans but sometimes like uh a few years back right when we have a new car


err the agent will actually package it such that if we take the loan it is they will give us some outright discount so they actually push us to have the loan so at that time we took the loan but and we have to have the loan for a minimum one year


before we can like say okay we pay in full the loan so when we did that right and then we do our calculation again we realise that actually it is better off not to have the loan, yeah


actually I would think you should try asking the the bank who give you the loan you can ask them like can you help me do a calculation but I'm not sure if they're willing ah


else maybe you can try maybe can try to google that might be sometimes that they will have some because nowadays people are very clever so they put all that they know onto google so sometimes you might chance upon something that there is a life calculator then you probably just need to


key in like ah how many year loan what is your monthly payment and what's your uh penalty and they might, be able to generate some comparison for you can also try that ya even for myself uh a a bit with a bit of financial background but I find those calculation is also very difficult and confusing so even the car loan one because there's also that penalty thing that they calculate is very complex even


when we do our own calculation versus what the bank actually charge us is again different so this is a bit confusing, but I do oh also actually I have other loans I have this study loans which I will greatly encourage you to consider let's say if your children right uh


if they are not going to JC because JC usually the fees are still cheaper, but if let's say they choose to go tertiary like, polytechnic right so from polytechnic and also for university they have this thing called uh study loans for the student so let's say for one semester right you pay fees by semester they you can the loan is ninety percent of the fee


so that means you only cash your cash payment is only ten per cent okay so let's say if poly poly, technic right they start around when ah maybe around july ah okay let's say lah let's say if they do start in


in july and then they will graduate around let's say march right, the loan is usually they only start charging interest, when when the student uh graduate so let's say they graduate in uh that let's say this year march right, I think they only write a letter and ask you to pay pay the loan around like july something like that so only if you don't pay in full then they start charging interest


so what I do is uh if I can ah so for that semester let's say ah is two thousand dollars, so actually I only need to pay two hundred but I will still park two thousand aside so I will pay the two hundred in cash the one thousand eight right then I will put it somewhere so sometimes I will if I have other surplus cash right I put it in a fixed deposit


so in a way I actually put aside the money but I just let it earn some interest until when my child graduate right then I have the extra I earn the interest so I won't actually pay for the loan interest I'll pay in full when it's due ah, ya


okay CPF right actually I I didn't opt for that because I heard lah, I heard when you pay CPF uh next time you still have to repay back your CPF that means you use your CPF to pay for your child right I think next time is your child will have to deduct from her CPF to pay back your CPF


ah just like when we use CPF to buy a house right ultimately when we sell it has to go back to our CPF so you cannot actually uh take out the CPF and then is like taking out as cash so your child will have to top up back and I don't want to have that burden on my child


so we actually do it, this way lah ya, yup typing so, so if I can I I I did that then also there's also this don't know what PSEA ah is not you know like


some when they're young then the government put in some money then they can use it for their extra curriculum so there's also ah something like that and supposedly that money you can also use to pay school fees that's also one way, uh but we didn't use also because if you don't use right next time this money will just be the child's CPF money ya


ya so unless we cannot then we would tap on all these ah but if we can and now the interest rate is very low right we sometimes we also just park it somewhere also don't know what to do but since it's interest free loan why not you see


ya park it somewhere maybe can earn little bit of interest but still better than nothing ya , ya correct correct ya


then err I think now my my talk about savings account right my child, they have this savings account is from the standard chartered bank is uh call jump start I think they they give quite good interest rate


I believe is now maybe like one percent, used to be two or three percent or is it now I don't know is it three and now is two or is it two before then now is one percent but this good so so called preferred interest rate's only until the age of


twenty six ya so then they they open this account so they earn higher interest and then uh, they also have a debit card so if they use the debit card right uh they also get cashback and the cashback is one percent


ya, regardless ya but maximum cashback per month is sixty dollars, , so what my my son is actually very good with this kind of, things ah better than me so what he do right is he will he will you know a credit card bills you need to pay right


but he will use the AXS app, you know AXS so we use the AXS, app, pay the credit card bill using the debit card pay the credit card bill so your credit card you spend your credit card then you get your rebates


then when you pay the credit card bill, you use this AXS and the debit card so it will debit card means it will deduct from this jumpstart account straightaway then you also earn your one percent up to six thousand so even like uh I think the AXS is


even like in a a utility bill uh some conservancy charges government ah all these ah also can income tax, also so we just try to like use up to like six thousand then he can get sixty dollar cashback for his account but of course whatever we we use his account to pay we will transfer money to give him back lah ya


not small right so imagine if you can earn a one percent why not because some of it is you cannot earn it through the credit card because government related the credit card sometimes don't


give cash rebate but then there's another way to earn cashback but the preferred interest rate on the saving there's a cap ah I think maximum is I think twenty thousand saving inside, ah uh if exceed can but it's it won't get the special rates it's probably like maybe uh zero point something percent very very low ya now the bank interest rate is like zero point zero five you know that kind ya


so it's very low oh


, oh


oh I have a different experience from you because my main bank is actually stan chart so we actually use their uh credit card also mainly, standard chartered and then uh then now this bank account also is giving us quite a good interest but <P2>bee lian</P2> you're you're now working right


(ppc) do you know that when you are working if you have a salary crediting right there's some (ppc) savings account that you can actually tap on that give you better interest I think OCBC is one of them right there's a OBCC three six five, ya ya


so you can actually ah like consider like that means you must sometimes do a survey which one which card which saving works best for you right ah then you go for that, bank ya


because of the salary credit thing right ya correct correct so actually most of the bank has I think UOB has DBS has a multiplier OCBC standard chartered also have so ya you just see what work best for you ah


ya, standard chartered is my husband's salary will go there then mine is into DBS but because most of them there's, the pros and cons so you have to really see what you you can attain like for standard chartered right they have higher interest but sometimes you must spend a lot on their credit card but the DBS you actually even spend


a dollar you know then you have your your salary you can get also slightly better but then they probably limit you on how much uh the saving that you can get this good interest so for DBS is like only until twenty five thousand while standard chartered maybe eighty thousand so


there's a lot of consideration of a lot of factors so must see what work best for each one ya (ppc),


, ya recently my son introduce me another one that he say can earn about two point four percent, it's a insurance sing life then just put but the this special rate also there's a maximum just ten thousand ah so I just tried only ah recently I just put so it's like you put ten thousand inside then every month right they


they call it there's a policy cycle so at the end of one policy cycle they will put the one month interests into your your this ten thousand that you park then you can actually uh just withdraw because anything above ten thousand is no longer special rate so you have to actively so called manage withdraw it out


ya like that, actually it says err it says is quite flexible you can actually take out or, but I think I read is one year but you can just keep a minimum of five hundred that's the minimum ya


yes it has a very little bit protection ah is a one zero five that means is what whatever money you have if let's say you have a death ah, then you will get a five percent extra, ya it's not a lot coverage is not a lot in terms of like insurance but it is more like just


placing out for the high slightly higher interest ah then not too much ten thousand still can can give it a try lah the risk is still low in that sense but it's not really guaranteed but so far he has tried for six months he say he get about two point four percent so I just give it a try lor he has been telling me very many months already but


recently then I do this, ah ya the five percent is a guaranteed ya the coverage is guaranteed , but they even have terminal illness coverage that means if you are diagnosed with a terminal illness but they have some err terms and condition like it cannot be a pre existing medical history this and that ya so


sing life sing life is a insurance company but it is uh it is like not really a physical office not like like great eastern you know those NTUC so this one is mainly through the app one they manage it through the app but since it's not like a very big sum I just give it a try


ya okay ya, for me only a few days , but he has tried for almost I think uh


uh maybe close to six months already for him ya, ah if you want I ask him to refer to you then you just try, ya I think that he said there's a referral fee so if you sign up he get ten dollars you get ten dollars but must apply for the debit card lah


, , oh


oh that's good that's good oh, , correct so for me usually I do not use debit card because it's like you said it's immediately from the bank account but


but this one is the application condition so I will still apply but I will not use it, ya , so I have a lot of cards ya I put in my cupboard that I'm not using , , so


ah I have a spreadsheet that I maintain ya , but now a lot of the credit card they convert to the, the how to say soft copy so but even worse soft copy is even worse because sometimes things happen you don't even know ya


yes e statement is terrible you know, (ppc), correct many times this happened actually or they charge you for the annual fee which you don't even know and then they start charging late charges, worse still and it will accumulate until they start writing


you a letter ah then no more e copy they will write you a hardcopy , , that's why uh in a way right I actually uh although I apply a lot right but actively


I don't use so many so at least I know that I don't use them and uh occasionally you have to uh go go and check lah go and check your e statement or sign in online to check whether there's any charges or whatever ya


yes ha, no no no then I will have my active like standard chartered credit card then the rest is just in my drawer


ya but, ya ya I know I'm I'm the very very fair very rare one but my son uh surpass me now, eh so he he put all my credit card into that samsung pay so even though I don't have the physical card right anytime he say okay uh this one this restaurant have this uh dining promotion with let's say maybank but I don't have the physical card he will have the samsung pay


, ya but he he has another friend that is even more so they always talk among themselves to see what what of all this Lobang you know they can tap on


, also accountancy ah same as me he graduate already he's going to start work soon, ya


but not necessary my daughter is also trained as us but she totally don't bother about her finances , I don't know some people just don't have really have that keen interest but I think he does ah ya


, ya so it's interesting ah we we can converse very well because we keep each other active and uh so call uh, uh up to trend


(err) that [one] would have to understand what is your your spending pattern lifestyle then, ya okay


okay part three negative experiences


okay <P2>bee lian</P2> you want to start


(hmm)


(mmhmm)


(hmm), , so for me my work have three uh three supporting staff


one is my ex staff from like twenty something years ago she was the one who refer me to the job so (ppc) then there's one lady she is a, a PRC, she is quite young like twenty nine so she is very smart because she is like from PRC they got her over in some to RGS as a scholar and then she went to japan university


studied there and then she went to USA to study PH master and then she's back so singapore is like her her first job is like some contract job so this one is the first permanent job so it's like the first real job so actually, for her uh we all all along we thought we all got along very well but when we start working from home right


then we see some uh some how to say temper spike in her, so even for the other one my ex colleague, or rather the the team member who brought me in she has some conflict with her, and and to the extent this lady is actually a very nice lady to a extent she tell me is either she leave or I leave so we we I actually have to calm her and because we of of the same religion right so we say


ah let's pray about it and calm down you know so then later it happened with me and this this china lady so so is is a bit ah very sad because, I have always wanted to reach out to her but in the end right her attitude was very bad


but I don't know what what to do in a way because I I'm very soft hearted so I my mind always ding dong ding dong then sometimes I say !aiya! how can she have this attitude but yet the next day I can say !aiya! never mind lah, know and then sometimes my husband actually behind he will egg me say you should talk to her strictly and say this kind of attitude how can tolerate but I say ha but then I'm always so soft so I think my negative I I just really have to really learn how to be firm and be more strict


with her you know her attitude can be like err why why do I need to do this why can't you do it yourself, you know or why can't you ask another this person or that person always try to push work, (ppc) or can even say like why must it be now can't it be tomorrow so the attitude is very bad even though when you explain to her she will give all kind of reason I mean if you're not really accounting train then all the more you should humble down and learn why we have that and I even tell her


sometimes you could have done a a spend a lot of time doing a job, but as long as your boss say sorry I don't want it this way I want it the other way you have to do it how can you say I already spend so much time you want to change you do it yourself, you know she can actually tell me some implied something like that or sometimes outright like that


so I find this kind of attitude is very bad and I think is I don't know is it because she's a single child you know and have been doing very well and also like you say then I I also told myself that maybe she is single because she's single here she came all the way her parents and all is in china


and then with this COVID right maybe she's like coop up, you know in that little room working from home I think that is also adding stress to some of them, so sometimes we we also want to think from their point of view but, uh ya but it's not pleasant lor when things happen then


your mind start saying !aiya! why is she like that should I let her go to a certain extent I was thinking should I give a firm warning and ask her to go so I spoke to HR and then HR will come and say why do you only bring it up now, you already have like this is the second occurrence actually because first occurrence I take it as might be one time I want to give her a chance so I tell you now and even even I tell you now right actually the next day I will regret should I tell you should I have given her another chance you know


so after the HR talked to her she improve a bit but then again, it come back again then I also don't know is it about the woman cycle that you know, when she had her so so it's a bit like quite difficult to manage and it's causing stress to the team because of her this attitude


but yet when she she is with others right, she portray as a very like a very timid person you know even when she talk she her voice kinda like tremble so so people will take pity but when she talk to us right because she's very comfortable with us she would speak in her like chinese you know


and then is very sharp pitch and very very very very straight to the point very cutting like that !ow!, ya so this this staff is giving me a bit of that kind of problem


(ppc) then I have this staff that brought me in right she's actually two years older than me so she has actually a very good attitude she's very uh she take initiative I say oh there's this thing then she'll say okay I'll go and do but then realistically she's very slow


you know so when people compare her with let's say the PR, C lady they will say oh she's very fast and keep thinking the PRC is very good very good and then keep wanting this this err, older lady to like sometimes even to extent like should you consider to let her go you know so sometimes I feel that the work work uh work


place is really quite quite how to say mean ah, they sometimes don't really look at the attitude they look at they want the efficiency but that is not everything,


ya so is a bit sad when when that happens ya, yes


so in a way this this older lady is also like a level above her, so she's like a a a second a a a first step supervisor but she's also very rude to her, ya


that's why that time when after I spoke to HR HR actually talk to her and kind of tell her also if even if your boss ask you to jump down the bridge so call lah you you have to just follow you know yeah to to the extent of saying such but it seems like


she she told the HR she say she didn't realise she's causing stress that her attitude was rude so we thought okay after the talk she can improve I would say to be fair it did, improve for awhile but after like one or two months ah things start getting bad


of course on my part here I I also try to err not have things that will so call agitate her like sometimes it's like those last minute changes all this I try not to have those but sometimes it's not not preventable you see , ya so it it can it can be quite what I can say is


(ppc) when she has a performance review I'll tell her that again [orh] to remind her if this continue then your performance appraisal would be affected, because I would have another team member when I say do this he do then I tell you do this you say I don't know how to do can you get somebody to do then who should I pay more for you know bonus or what definitely the first person ya


no because all this studying right I think is really like a self study, so she she I think she's a very clever person, know it's like err IQ might be high but maybe EQ is low she doesn't really know how to interact with other people or humble herself to take take instructions like even now she's doing this course there's quite difficult ACC because she's not accounting train she's a art student you know


I don't know why the recruiter I don't know why the management chose her I I'm I was not the one who selected her because our ours is a new team so we are all new together you see, so I even for the very difficult course right usually people who uh who study this ACCA they attend courses like classes to learn she study herself


ah so she's very bright and I think she's usually err on her like not many friends kind of person ah so, ya ya not really correct correct that's right that's right


ya so actually her parents I heard ah wanted her to become some professor or those teaching kind you know ya maybe she is more suited for those ah but she wanted to try


uh accounting because she thought maybe that will give her a better livelihood you know to to find jobs and all but but I don't know I'm the more and more I feel like you say ya she's not really a team player is is a bit tough


uh normal interaction right she's quite okay that's why you see then my heart soften I say eh maybe maybe she didn't realise or you know and I just , that's why usually it's like I can be one moment say eh why she like that then the next day right when I talk to her she's normal again right then I say !aiya! never mind lah forgive her


you know I'm just so so too soft hearted my husband say say you must give her a firm warning why you talk to her like friend like that cannot,


ya correct yes ya defensive or hostile ya even though you try to explain why you're asking for that right she's still like keep insisting why must do why must do you know, ya, ah


ya k, that's why then the other negative things that uh in general ah that I didn't like and I find that with, age ah it's like getting worse is my claustrophobic do you have this issue


, ya, ya one of our common friend has, and ya they have, but for me it's it's not so extreme but my my problem is I will let my imagination run wild like let's say ah if I'm watching a movie and it's about you know like ship wreck and then they were like inside some small places and then the water is rising you know


I will have it will be so bad that I also will start having difficulty to breathe you know just watching it because I would like put myself in that position and I get very scared, is is is getting worse and worse [orh] so I try to avoid this kind of show ah cause it makes me very nervous


, true true, but you know not even seen but even like recently last time a few years back there's this uh news about some thai children remember , then they they went to explore a cave then they


went in then flood and then the water rise and then they run further and further inside right so actually you just even with this right then sometimes when I read more then I realise the distance that they're trapped in is is very very long you know, so even you want to swim underwater to go out it's impossible that's why the there's a rescuer who died while rescuing


there so when I think of it right and then I think of myself I tell you ah I will like !wah! have difficulty breathing and like very very scared then so nowadays even with all these ah then I tell myself, even if I go traveling right if there's cave right I will avoid all


is , , , yeah but I I let's say if you say like in a lift right ah that kind, I'm not I'm not worried


I know some friends they claustrophobic they cannot even take lift, on their own, ya but I'm okay so like even car like you consider that a small area but it's more like those err disaster thing right ah then it will keep me thinking if I am in this situation like you know last time there's this don't know what new hotel collapse right


then even during that tender age I also ask myself if I'm there, what would I do I rather quickly die I don't want to live I don't want to be trapped there and then trying to survive I would want to ask for death quick death ,


ya so these are the things that is like uh making me sometimes a bit nervous ah, ya thinking about all this,


so what I do is I let's say if I'm watching a show right then I will have to turn my direction away or if I'm like thinking about the news right I must tell myself uh don't think about it ah just that get distracted don't don't keep thinking about it ya then I I won't feel that kind of very the negative effect of of it you know


ya , but I don't know it might not be for everybody ah because if you don't even, feel claustrophobic now right probably you wouldn't ya you won't have that


slighter slighter ya I do have that that claustrophobic uh I don't ya, I don't like and then I don't like to be like very that's why I don't like crowded places and I don't like to be like squeeze you know ya, ya ya


, theme those theme park one ah ya ya [orh]


ya last time I also like but actually very fast right like thirty something years old I already don't like because every time I ride right, my imagination will run wild to what if there's a ya what if something happen I always will think of that then then I, I can't enjoy the ride


so in the end I'm always just carrying bags for people waiting for my children to take the rides then as they grow older I tell them even if we travel right then uh if I can avoid I don't I don't want to go no point pay for me just to stand around and become your locker like that


, so so far right we we didn't had that because the I think there was one ah japan ah at first we are planning to go japan in may but because I have this stated request right


then uh in the end uh my, my daughter didn't plan any of this theme park ya, , ya that's right because I think ya because in


the end you know the days are not many that we can spend so these are like not so important one so we decide not to go for that ya, ya no point (mmhmm)


ya but your children are young you you might still have to accompany them, ya, ya that's right


part two positive experiences


kay <P2>bee lian</P2> do you want to start first


uh actually there there are many but I think uh what I can think of is actually my every of my travel experience, are very positive experience for me because usually also I travel with my family so it's during this time


that we bond and we quarrel you know and all the true colours all come out ya but is also to experience the, uh the beauty of god's creation you know and and we like wildlife so when we have a interaction with the wildlife animals right it's really very amazing and in my in my two oh one eight trip to tasmania