asking me ah , do you have a phobia how do you overcome that phobia phobia phobia of what phobia I do not know leh phobia, phobia to uh I got phobia lah phobia phobia [orh] phobia to


phobia to exercise lah last time I don't like to exercise can phobia of exercise !aiya! every time phobia ah eh tired lah here and there after that I go run after that overcome it just do it lah more important ya a lot of time we have phobia lah let's say I don't like to uh travel


ah this might everybody phobia mah just do it lor go travelling, then you will be you see a different thing, ya, a a lot of time is we we ourselves give our own own own excuse lah then carry carry phobia if let's say we do our parts ah


I don't think it's a issue ah ya


not very well ah you can you can swim one lap, one lap ah


baby pool ah baby pool, one point four metre ah oh I also cannot swim I army I didn't swim I I just pass my swimming now I can swim twenty laps, you you I introduce my instructor my instructor you pay maybe uh one month two you pay two hundred dollars ah


confirm you can swim ah, because he he purposely teach, uh elder elder uh adult swimming one


ya correct correct, okay


ya lor the you know the kingdom !walao! kingdom ah !wah! the kill kill kill that one ah very make you goosebumps ah !wah! you got watch kingdom or not !wah!, kingdom kingdom ah kingdom the the korean show the the zombie one zombie one


!walao! the chop the head ah the head drop out ah the blood flow out ah !walao! that one very goosebump ah you watch the TV also feel very painful very goosebump, ya


ya lor it's like that one what people who make you angry don't bother about them lor even that things ya, sometime sometime ah people make you angry ah you just don't, don't talk to them too much lah so for me the event that make me angry is something that cannot control lor uh gambling come and the the worst thing is people who who not not hardworking then people who


who are who not hardworking who keep on asking you for money then that is the that make you angry lah because all this group of people who are not hardworking they don't make a money then they asking you to make money to give you uh tell you to lend them money that make me very angry lah normally I give them a


I will try to give them a job lah then tell them that uh please do not do this ah so it can be very angry ah with this group of gambling addict ah it very can be especially those with credit issue one !wah! tell you truthfully ah they don't know how to manage money you can be very angry with them


ya, so this is the most angry things and oh this is the people that I'm very disgusted with lah, ya no money want to spend like, nobody business want to buy branded no money want to eat good food, ya no money want to take money from you


ya this group of people ridiculous but you it's quite common lah in in Singapore context those people, who will drive very good car but no money to pump petrol that's worst thing ah that


ya can be quite can be very damaging to family also [lah] like that ya, ya quite true (ppb)


part two positive experiences


!huh! for me ah, basically what is important is what you want to achieve in life, to make you, want to be alive, so what you want to achieve in life, you just write it down then you just work toward it


what you say can be a monthly goal yearly goal or five years goal or daily goal, what is important is every day you need to do something to achieve it , ya try not to talk about things that is very negative push you down not going talk about something that will


make you alive make you moving, that is the thing if you moving of course you'll be alive, the worst thing is you every day talk about bad things sad thing you make yourself very moody make yourself very moody you make your environment also very moody so talk something very positive


to make it, alive so that you can do something to achieve, don't ever talk, negative to make yourself sad more important is talk about positive thing and move your goals, one step at a time everybody are different so do it one step at a time I think that is the thing ya


correct correct


no secret skill, secret skill [orh] got skill to dig lor dig dig dig dig things that people don't know, then start things that people don't know, but still not as good but it will be a skills that help to explore into new markets that people haven't started


that is my skill lor, I think world is very big ah now market have change a lot of things , as long as you sit down and you are able to see I think a lot of thing you can, started start it and make some money but the problem is a lot of time is we complain here complain there don't even start it


so , ya so the secret skill of mine is maybe, dig, something to find out places that, haven't start I'll be the first one to go there this is my secret skill how about you


now where got good buffet promotion now very bored eh


seven eleven ah oh I see I see


[orh] ya correct !aiya! just do your part lah that's all, blush the most ah, don't blush leh I don't really blush ah see I so fierce


angry, you so fun you see people scared me eh sometime how to seldom blush ah, blush also don't blush also cannot see ah, maybe after blush is like I drink a lot of beer


but some, okay lah just do it lah you also do not know


a way I relax ah a lot ah a way of relax maybe go for some uh maybe go for some jogging, gym, and also maybe do meditation at the uh, coast, then maybe uh


eating but eating I don't think it's a very good activity nowadays because I realise that the more I eat ah I think I I I releasing stress by become fat, so I think ah the best way is to exercise and go to uh east coast to sit at the by the sea


to relax would be the best ya this is how I feel lah


!huh! for me ah probably this kind of time when you comeback when the shark a bit out out everyone out, I think more important is what you want to do lah, you this if let's say


uh comeback when when you not doing well everybody will have a that you not doing well and suddenly you will go to the rock bottom of life, but important is how you look at it, and we are we brave enough to face it


if let's say you don't you're not brave enough to face it of course you will come up with this thing say I will make a comeback and shut everybody out, but more important is, when you are down let's move up, and achieve and do what you supposed to do to benefit


so there's no such things [orh] it as comeback, comeback is you already say that you want to come back, then you want to shut everybody out there's no reason for that then this one when you down you'll need to comeback again when you down comeback again more important is


you just do your best when it got to rock bottom of your life just do continue doing, don't need to shut people out because you know what is happening so for me I don't really have this thing called come out and shut everybody out I think that I come out


uh my comeback will be benefiting to everybody that is around me that is more important when everybody are benefiting from it ah, I think that is the correct way I don't shut people out lah don't be got no point shutting people out what you cannot control people's mind ah ya


[orh] I think it's uh more important is how you look at things, things are because every time people will see !aiya! markets not do uncertainty I scared lah I don't want to do this don't do that lah what is important is for me at when market uncertainty you should do more lah


but the only thing is uh when market uncertainty you need to protect the funds and do more, you cannot spend more you spend more you dip more so what is important is when market is not doing well I think it's our


our choice to restart and rebrand ourselves and start from zero again lor you start from zero again I think the future will be good, while when market is doing well you can so still say oh I I do a bit well I can I can do certain thing while markets doing well it's also tell us eh let's let's restart our basic again


let's say we do the fundamental or find a new way of doing business like what the one like you doing ya it's still got things to do one lah the only thing is we shut down COVID nineteen you see the shops very funny one


a lot of uh F and B shop can can open you know, I just tell you truly all the F and B shop can open, but there's two type of people one people continue to fight, pay the worker salary, another group close and sleep at home


and later all close down, that's what happened it's very typical, it's very typical so this is this is some things that it's how we look at thing, if you look at thing positively find a way sit down do virtual call do online marketing do facebook marketing uh become uh online sales man all these thing you still can find new businesses very simple


but the problem is a lot of time you !aiya! more close down I close together lah then I close lor that's why you see nowadays a lot of, F and B close down because of the thinking is wouldn't work the thinking they make, if you got the fighting spirits ah, you can just change the world talk


new world started, you see facebook is a new world started that is a new things so if you know how to manage this well ah you will change you will actually see a lot of things difference okay I show you


biggest reward, because because previous rewards I, I don't like to receive reward from the good things I I do lah, I just like to give ah if then they they receive I think a very thank a very sincere thank you and also a very simple smile and it help them is more than enough lah


I help the blind association, quite a lot I help them to buy I buy something I buy quite a lot of the souvenir from them lah then I do help some to do raise funding


then sometime uh you go there and help them to uh create job for them ah sometime I think, greatest reward is no reward , you if you everything expect a reward is will a bit be a issue ah so if you want to help with


help them to find a job create a job for them is very it's already very good job a person without jobs cannot make money cannot make money cannot feed themself if you can create a job for them you already create a lifetime reward for yourself


because, when they have a job they make money, they make money they feed themself, but a lot of time is the social workers they give them give money give money give money give money don't solve the problem what how much you can give every month give one thousand how much you can give cannot what so the best way is to create a job for them


and you'll solve their lifetime issue, then with their lifetime issue solved [ah] I think [ah] this is the greatest reward, I have, ya they can feed themself


part one financial related topic


okay mister tommy you want to share your experience with the following investment product like share bonds lah


okay this financial product yes we really need to have a knowledge on it lah cause I found that during our study time, we we don't really have touch on on this finance topic until financial product thing until we we go to our maybe our


diploma or, if we choose it yes and talking about financial product I'm normally is on the share ah cause I found that, the financial product it the indicator give us the most uh indicator part where about how the market economy is the share from the index and this index up and down also give us


how, the investor feel on the market especially now in this COVID nineteen I found the share somehow up somehow down but sometime it's unpredictable especially like US although they saw that the case sometime is up right but I noticed that so long the investor feel they confident ah the share


price will go up again do you do you notice it mister tommy, precisely, you're correct they're one of country that can print money without the the go backup okay no choice because they are big brother ah okay


can you share your experience in the foreign products financial product like auction future and community or forex


precisely


yes I agree with you cause these are very highly volatile product if you don't have knowledge it's quite risky and normally the investment is quite big, especially example I think I recently I saw the oil price right it dropped below the zero value negative which never happened before that means


if let's say you buy the oil future right you need to pay the money even you lost it in order to sell it !wah! this is total ridiculous lah I saw that SIA they suffer on this also that's why their share price really drop a lot [orh], and one our Singapore I think shipping company I forget the name already they also go liquidation because of this highly risky product did you read about this news mister tommy


Lee Hin is it #hin leong# ah Hin #hin leong# ah


ya very low profile very low profile uh the Towkay very low profile one


ya he I think he almost monopolised the this local market ah , that's why ya that's why I said almost almost almost monopolise okay, do you have any trading account if so share a ya


different user ah how you feel about lim and tan


ya true, okay


okay actually I also same with you I use the lim and tan I find it's uh quite user friendly lah that's why I still keep trading with them lor , then how about, ya


ya I keep on tapping I keep on tapping over it , thanks for reminding us okay, so mister tommy do you invest in cryptocurrency if so share your details


yes precisely


yes yes, okay for me cryptocurrency I think what start uh people know about cryptocurrency is through the bitcoin lah, the creator I think through a game right he he play a game right he saw that eh how come every time I play game I must buy the virtual coin ah


ya but it spark the idea that why not I create a coin know that can really have the real value not only just on the game I think they I heard the creator is a japanese is it ah mister tommy do you do you know about it, don't know ah


ya but this one this coin is really uh, how to say ah really, out of nowhere you just create it and two zero one three the price were extremely low it's zero point zero zero zero zero zero one I think something like that


ya if you buy hundred piece I tell you now congratulation you're really uh nearly a millionaire it's really a millionaire you value the price after it shoot up, very fast from ten cent one dollar after that I think now is I think that time I heard I think as high as nearly twenty thousand do you aware about this


ya I I saw it I saw it it really hit that price crazy price yes, but, bitcoin


yes yes, but I found that uh invest in bitcoin you really need to have the capital to hold also cause, the price can is very volatile


is very volatile ya, okay so I didn't really invest in this thing because I I can't take the risk it's too high for me okay should you invest your CPF money share your thoughts


on the CPF investment scheme


eh, last time not so leceh right last time not so leceh right


!wow! it's like


okay so , okay


so they you means that now the CPF uh those investment scheme they they offer by by CPF that means they allowed right it's not very attractive that means they perform not so good am I right to say that


don't worth the effort


okay, !aiyo! !aiyo!


okay, okay less


true ah true too too much red tape sometime I found it too rigid also , ah if if that's the case I think now either you have some knowledge or not I think just put the CPF ah to to earn the two point five interest better still no no headache


sure yes


no worry confident okay what is your thought on the Singapore saving bond


ya it used to be two point something percent now it dropped ah, what make you think that what make you think that


tripled, triple A right , triple A bond ah, yes even


even though now the share price drop but if let's say the business doesn't do good right you go and invest ah you also Kena, okay I think there's come to buy low sell high is it a good investment strategy to you


buy low sell low ah but is it a a very good strategy


yes especially that time on the SIA share right you see that time it dropped quite a lot and a lot of people think that you can buy but in the end it dropped even further I think dropped until three dollar plus right


is it, now not four is it three eighty right yes so you can , external factor lah yes precisely


operation cost high operation cost


yes yes and for me I double check my voice recorder also okay


so time the market or time in the market which strategy do you prefer, is


true true true true, yes I think uh to play safe maybe choose about three three share ah


ya true ah


okay what are your thoughts on dollar-cost averaging


yes dollar and cost averaging is an indicator but not always play through, more important thing is the expectations and the speculation of the share also that means to say that do you think this share you feel the confidence that it will really have a potential to unleash to underline whether this share have the potential to how do what do you think mister tommy


so you mean buy regularly


cause sometime we cannot predict the time right


true, timing factor very important (mm) timing factor very important, okay


part three negative experiences, okay


ya I think the best example is on the wednesday right yes that one really frustrate me because you see after I do the things I check but it just happened that you know my the voice recorder just stop it and


that time I wanted to flare up but how to say it cause how can it be and even my M AR ARM, also the part two


just not recorded , that kind of feel is very a build up on on myself, but I still need to keep myself cool, but that's life I need to accept it more important thing is look for the solutions look for the make-up this is the the attitude now I adapt to


ya how about you mister tommy, definitely lah the effort, ya don't laugh ah don't laugh


true, what thing, saw what thing boring , you mean okay


okay, okay you mean the next question ah, what's the worst thing you witnessed and keep quiet, okay just start one uh shortly, although the they give money but if they don't give money I think worse okay what worst thing I witness is


I think is when the boss ah being unreasonable, being unreasonable then, you know even though my fault is not at me right I mean but he just say you you you and pointed you ya because since my boss right you want to flare up you cannot because that you know that you going to flare up right your your rice bowl is is is is dancing


you know ya you you so this is something it is the moment I found that you know, you feel like the XYZ feel, but you know to keep quiet cause he's your boss, walk away take a deep breath


and shout to the sky and come back to work ya this is I think one of the worst thing I ever witness but I can't do much


ya, it's at


yes you are right you cannot control, that's why if too much ah you keep on contain it it's really going to burst hor so


I recently I I watch a one of the movie that related to the romance of the three kingdoms the #liu bei# I find if that's the case ah I think I need to find a #liu bei# style of boss ah because I found that he being the boss right


he's quite understanding uh his subordinate even they do wrong right, he also uh think the good way he quite he contributed you know even try to comfort the subordinate [orh] I think that's a good way because if your subordinate do well and you go and comfort him he feel that !wah! this boss you know is like angel you know next time I must do


even triple hard know to return your boss favour I think this is the the good way of managing in uh today's context not like uh you know !hey! I'm the boss whatever I say just listen don't go and challenge me


okay, recall a scene from movie that made you angry to watch, mister tommy do you have a movie or not that make you angry or not


joker you no you really have a scene that make you feel anger or not, like you don't feel like watching


okay for me I think a scene I think I recall is this guy right because he want to climb up the corporate ladder right, he


he really do at any at at at all cost ah, even is uh against the moral value you know he want to climb I think one scene is I think he's indirectly he's murder his parents lah that one really made me piss off and the the I think he he act until I I'm so engrossed that you know I feel it's like a a a true


true thing happening rather than a movie, so it made me too angry to watch, ya thanks thanks for reminding okay


what is your greatest fear mister tommy, yes, act


act what act what


okay I think one of the greatest fear people face generally is uh public speaking [orh], so same to me I think I this public speaking experience, a small crowd is about nine years ago ya so


I was very famous everybody was looking at you, and uh, I just fear that I know I I I talk silly you know then people laugh at me but


fortunately the audience is very positive they encouraged me and talk on the topic that uh I'm interest of so and encourage me to to to to speak so as I speak right the more right I speak confident right then as I I I hear the clapping right


then the fears slowly go off I think, I thanks the audience so it also train me in the fears of thing that I I don't dare to do you know sometime like example like computer the new things


I have fear, but don't let the fear hunt you rather than to conquer it so even though I don't know I learn to conquer it I think this is the right attitudes to conquer the fear do you agree with me or not tommy


yes, yes yes okay next, a series of unfortunate events, describe a time where everything could go possibility could go probably go wrongs and did go wrong ya this one I I I kind of speak because I experience on wednesday


ya and it's, it really go wrong you know take so hard time to hook it up then I make sure the recorders on the MRI is MRM is on but it happened


and I was thinking how can this happen but it happen then I were rushing to another appointment, uh I still caught in the jam know it just happen it and I'm late for the appointment


then I want to eat the food that I want on that day, the promo is no more I even go for three shops know I ask all also no !wah! they it's a building up you know


then at how to say at the fourth shop at eatery right then finally I got what I I want what I'm trying to say is guess this time things doesn't, go according to what you want you plan to


but again I know that by flare up and shout out, it it made you don't look professional at the same time it's very bad for your health because the Chi right is very bad for your heart so I learn it I think this is a challenge maybe the almighty


want on me to make it a better mans, no because if I couldn't, stomach it this thing these daily things right how am I going to do a biggest thing you know, ya and


what about if let's say my, other things meaning I even lost my job whatever how I'm going to stomach it so this is uh actually that's a good experience rather than, you know to to , keep on thinking and thinking you know what happened what happened it happened it happened so move forward


and be positive how about mister tommy, yes, do you happen do you experience before or not


so


so how you feel that that moment how you feel, you still remember or not how you feel that moment and how you overcome it, how you feel that time first


okay do you have phobia, and how do you overcome that, yeah asking you I asking you


yes, you don't have phobia


what phobia, !huh! exercise


okay for me phobia is like when I'm young right a phobia uh at the water I how to say because I I know I know why I phobia because I feel uh


I don't have the feel of safety, ya I feel unsafe that's why I have a phobia, then my friend slowly guide me although now I don't really can swim well but I really thanks the friend who had taught me at least I could go into water you know to swim a bit


yes because I conquer I conquer the the fear of know I've the unsafe I I feel the the at least I can float lah a bit, yes then, not very well lah ya so


not really one lap the the the other way , ya then I choose the the pool not so deep lah at least I don't have the the fear, no lah not not the baby pool ah but one point four metre one lah


okay, yes yes, so yes, so to me right phobia right phobia is a is a obstacle for us to advance so I think that


to understand what's a phobia in our hearts example just now I mention is the safety so in order to conquer the phobia, you need to know the why then solve the why, so you can progress


okay next, okay at K, describe a something that you watch and rate


that give you goosebump have or not mister tommy, oh what kingdom what kingdom


okay to me is I watch something you know !wah! little something you know !wah! how to say ah


I think that the the way the conversation they they talk until you know !aiyo! they can talk until you feel you feel like goosebump I think the worst those than those uh just now I mentioned that one ah, sometime the the conversation especially the the guy you know can talk !wah! something you know


okay what is the issue that you feel upset, eh no sorry I think that one quite interesting describe an event that made you very angry


I think for me is I do something that I didn't do then somebody keep on saying that you do you do you do despite I say I didn't do I think this one really make me angry cause I already say that I gave I even gave a the the


the the proof that I didn't do it then this person keep on pressing me say I do I do it then I repeat three times I say that I didn't do it then he keep on, say I wrong I wrong I think this is something really make me angry but


I didn't really want to engage a argument, because no point if he don't want us if he don't get the point and keep on pressing say you are wrong I think no point I just walk away ah, !aiya! last time I will really go and debate but now I really don't have energy because I found that it's a waste of time


how about you mister tommy


true


ridiculous ah, ya no that's why know why is there are some bully because they no they are very stressed


true they will vent the anger to their family


okay, okay ah test out already


positive experiences, ya part two positive experiences okay what make you want to live what make me want to live okay I'll start this thing, okay yes


one important thing is, what is the goal, short term goal long term goal, and mid term goal also as well, this is because we live for a purpose just like we do thing for a purpose that's keep me keep me alive and it's very important because without this thing


it's just like without the fuel to the car you won't move, so if you don't have a long term plan don't have mid term must have a short term example today I wake up yes look forward for the today discussion I must finish it keep me alive for the day how about mister tommy


precisely


yes I agree, because we really need to find a goal to make us alive, if not we will be affected


some people they just very feel very sad right you can see they really age faster and really they pass on also fast, so to make us to keep us alive we must keep charging ourselves and keep inspire ourselves okay what is a skill and ability


that you are secretly proud of mister tommy you have any secret skill, that you're proud of or not , yes !huh! what skill what


ah what skill you have


true, yes


okay uh, I didn't know it but some of my friend say I have, like maybe, buffet promotion uh some bridal style promotion ya


now I think due to COVID nineteen [orh] so even though there are promotion we must check before we go down but a lot small small promotion lah like now seven eleven is celebrating mah, they have uh this uh makan promotion thirty percent for some of the food lah ya ya ya


but I think I must learn from you also to undiscover those we call that uh potential market I think that is something, is very important because with this skill right you not only just how to say we can't just


based on the our uh earning income those passive earning income must some eh active active uh income you must also learn how to have passive income, maybe like I must learn the skill from you mister tommy ya to eh to discover things that people didn't discover on earning earning


okay do you still remember do you still remember when you blush the most or not describe the experience


ya, why why scared you why why scared of you, okay I think when I'm I'm I'm young right I blush especially I meet the girl that I I fancy of lah


I ya ya ya, I I still remember when that time I was in primary school I I really found the girl but I I I very fumble when I meet her I don't dare to talk also, I mean it's a fear lah because you don't know whether he like you or not or he will reject you or not cause Paiseh mah have the pride also


but now of course better lah because what age already right you live once try it lah if cannot then move on lor , true okay


describe your favourite activity to unwind and relax, mister tommy any activity


okay for me right, okay I also love to eat but, I know I how say, since I like to eat a lot I must know a technique how to eat a lot without getting the weights, yes once I get it pass over so for me if I eat right I will start from the veggie portion first


to give the enzyme yes the digestive enzyme ya then also try try to take less carbo uh take the meat and not the fat if want to take the fat take the good fat, and another activity I found to unwind is to find a place to really sit down


maybe uh meditate yourself know have a silent moment, silent moment because every day you face so many you know negative thing but you need to unwind out to flush it out so you have a new start that's what the activity I do beside eating


ya okay, do you have a describe a time when you make a comeback that shut everybody up


for me I think people say about me know eh #wee bin# you you cannot I don't think you can do this thing ah , last time I may say who say one but now I I found that action speak louder than word


don't just say do it and let people know you can do it you make it so if people say something of me I think I will do a self checkup if I didn't do it right keep quiet


do it quietly, and let people know that !hey! you can do it and I think at one moment I'll do it then people you know look it at differently I think this is the best way to shut everybody up rather you you just say eh shut up how about tommy


okay, okay let me let me rephrase my thing what I'm trying to say is shut everybody up is that uh I use the action to prove that you know I I have the capability to do the things lah I'm not say physically I I really shut them up but what I'm trying to say is at least eh people see you know you really can make it


ya I think I I treat this thing as uh inspire me you know when people say you can't make it you do it and prove that !hey! you can make it I mean that's what I mean ah I shut them up but not say I eh shut up no ya so I it it is a two-way traffic to me lah I treat at this is positive way


okay despite the ongoing global uncertainty what made you optimistic about the future okay for me is uh uncertainty how okay I put this way


even though now people there's a what we call the global uncertainty due to the COVID nineteen that pull the economy down, but to me is I think, why I'm as I'm optimistic is


even though there's a threat right find the opportunity out of the eh sorry find the opportunity out of the threat yes because I you can see that people are doing fine in some field, even though there is a COVID nineteen threat yes what I'm trying to say is if the current thing that we are doing right doesn't uh make money


that means this field is there's no opportunity so why not think the way you know, to have the eh maybe it's as you say now last time those people shouting right like #wang lei# I I saw that eh because now <mandarin>歌台:ge tai</mandarin> cannot


cannot broadcast right so he found a way you know people eh come lah since you have this uh yours is the one of the celebrity right why not you help me to sell this product because, the person want to sell this product but he don't have the uh fans so now he go on live broadcast eh come help me to sell the fish sell the chocolate you know


ya and at same time to Wang to #wang lei# right even though he don't he don't have sell experience but he have the ready fans, so when he sell right the the correct product right he got it I mean this is how to be optimistic how about you tommy


true


yes yes


true, true


okay, okay what what was the biggest reward you had ever received after doing an good deeds


ya ya mister tommy do you have want to share with us your biggest reward you ever receive after doing a a an good deeds


ya expect that time you you help the blind association quite a lot right I still remember you told me


so what's the biggest reward you find the biggest reward, uh this reward what I'm trying to say this reward may not be we call it uh cash reward it may be your so called like you feel something mental reward you know the happiness


true, okay for me right


for me uh I have one uh quite unforgettable experience I think, about was it seven or eight years ago, when I go for buddy buddy ah Bali at Indonesia, ah but this is not a a vocation trip uh but sometime we vocation we also do uh a social service as we as we know that Bali we always have a uh how to say they already how the travel agency already printed the image that know Bali is a


is a uh travel uh paradise but, when I actually go inside uh deep inside the their housing right actually there are a lot of uh very very uh less fortunate people I remember I go to a house is that where where we are where we're going to help them it's very very run-down we can't imagine


I think about, seven eight members know share in the common room there's no really a proper toilet or whatever, ya and this one is very make me a a a shock that even though we complain a lot in Singapore but we are much better off than them then after we make a makeover of their house right that means


the house was very run-down but we paint for them know we buy a new mattress for them and we we do a spring cleaning for them return them a new house to them you can see the happiness on the and the gratitude know they show us know


they very thankful us ya I I I feel that time my my my tears was running down also I think this is the biggest reward ah I have it and find it very meaningful in this Bali trip thanks


financial related topic, hi Boon


ah, can't uh ah, okay so but I think that the since there is a topic for the housing loan maybe now you you can share something with me about this


uh ah (uh huh) understand ah, oh I thought that you you you I thought you you you bought uh need uh you'll you need to have the instalment first ah ya so uh you


I see I see okay


!aiyo! okay so maybe [orh], no then maybe, wait a or can we just go to the if you have a sudden one million what would you do, , I think this is more interesting right if you have this ah sudden one million (uh huh)


okay maybe uh, you would like to start first or, you'd like to go come you go ahead


, and nowaday


ya true because nowaday uh one million is really can say that it's not that much ah somehow depends on what type of the housing you'll need though or housing you like, okay I will say that let's say


(hmm) let's say that if if I loan


uh no uh I mean I for me I will say that , maybe I will take just a thirty percent for like what you said for those are investment okay,


maybe in blue-chip share market ah !aiya! I will say that I will in stock okay then uh, for for my my style is ah I I don't spend every money, okay uh normally I will keep at least a fifty percent


for saving so ya so that means ah the saving I mean uh keep for future wise ah although for it ,


so the fifty-per cent I I I will go for saving , uh yes true


yes right yes


pardon, [orh] ya sure but for for the spending I uh I'm very typical


mother ah the most I can spend I will just use the uh the ya number ten ya ten percent for the family I I mean the, the saving the saving of of course is already for the family but I but I mean for ten-per cent like to say to for the enjoyment okay


oh I I I were you I think I'll do that at least have the dream a dream holiday ya right a a dream holiday, they, again ya ya a hundred K


ya for (hmm) for, actually a hundred thousand then for let's say for four four of us ah somehow go around, also it is a (uh huh)


a'ah ya lor yours put through right so but at least as a family bonding !huh! a family, trip I think it's so so of course ah this have to lah (uh huh)


ya,


but, truly of of course this is only your dream I mean of course this this is a dream but seriously if you get that, what what is the most most important would would you do on it


ya I think we are all done ah layman right the typically singaporean of course they'll all do the same things, so do do you have any


a'ah then it can be ha your new career oh, or soon


, like people say ah


[orh], okay, twenty five K (hmm) ya still can not to luxury I think we still managed to can have a few months holiday ah


actually I'm not a really a good investor or maybe I have no normally for this type like uh unit trust or, ah this type of it reliable on for those banker ah so uh and


ah ya yes yes yes, no no uh


[orh] you mean you mean it's the Bitcoin or something like that


ya I'm I'm not familiar for this also somewhat somehow, same thing like buying gold K that invest in gold gold market, golds market, but uh


(mmhmm), no I mean I I don't do that because, I think if I really want I will buy the visible uh instead of in in a paper okay, ah


but of course I, , eh ya ya, yes I I think I will prefer to get a gold bar if I I have that I can afford right , of course you you you you don't you don't, ah sorry ah I don't have any ah


, just joking because you say it, if you invest to a gold, gold investment it is just a paper that of course that's easier but like like you said lah I can't feel it , , soon


so ya but, a'ah, it's, ya ya ya the the million dollar yes you can start that ah, yes yes yes [orh]


true ya soon and keep for future ha I keep for the kids also , ya, this should ya investment brighten me lah, I should get a few if I had this one million


uh no I didn't go in for this


(hmm),


[orh]


only for housing because all the time ah ya I'm I'm self-employed so frankly speaking I don't have so much in in CPF board so only enough for for my housing not enough for investment, so this (hmm) no


err no because they also I mean working not, I I don't think they have so much that can invest lah,


uh no it's like I mean for C this is uh, CPF what so they still uh not eligible for for the investment ya, still not enough for investment [loh] okay should say that because you you need to have a minimum amount in yours


your ordinary account ya uh before you start your investment, so no, yes yes that's why that's why I said they still not enough for this to ya


ah true that's why, ya we only have the MediSave account, a'ah uh ya ya


yes that's true that's true


(mmhmm)


course there's a link oh it's there's a link but uh, practically I would like to said also depends on the the, , I mean the company


that how that how they manage you know the management also very important , you know some some of the company although it looks good, but I also don't understand why in the end that they they have to ease their I mean they have to ease their share the the share I uh I think for stock market I I really have to step back already I


it in, err it uh, uh no no uh no no it's a bad dream it's okay


of course


, of course those big company they they might try to pull up the price also, like that I mean not really crash for the economic uh the


that's so the like I said also depends on the company, , (mmhmm) just a, (hmm) true , , are you okay right okay right (hmm)


negative experiences okay


, you you you you you don't know well but I mean what


what makes you think that the his suggestion is good and then go in with your few months salary


I see short-selling ya I know


it is there still short-selling no no more right


err so it is really a huge loss ah


ya of course got income and that everything going good ah some I I even got


it's really worst so that it you you really can't sell at at all that uh it even it I mean if you will sell you also like you have to top up the broker money


ya I really have to pay money to sell it off you know a'ah just leave it lah leave it at the side, maybe this is this is not not our time not not for us ah only those that are really looking at the screen ha monitor hardly sia hor once it's go up then they will sell


no no gain no pain lor, normal pain lor


ya, by right is no pain no gain lor but here and this is really ah big bit little gain get big pain


!aiya! bad thing sometimes is a the just at least still happy happy in life lah own, if you say that's for my most worst part of course


don't , no if really the best the that thing is is but it's personal things is not allowed to say right so I think that just


when my hubby passed away you see , that is the worst time although it's already twenty over years but I think the pain is still there


uh of course look at the children, then to, so at least this make my life lah ha


and this is life like I said nobody know what will be happen ah the next second, or does,


that's why so nobody want the bad things to come to us ah [orh] but when when things come just face it [loh] just face it lah (hmm) face it and move on this is what you have to do


, uh at that time at that time you also don't know that whether it's really a bad decision


ya the the the way he he speak to you I mean the way that he talk talk to you will it convince you ah trust him to do trust him and then


like you said actually you jump not that to share go to share go into the share market is a easy money, so never think that, but actually the very beginning is to me is thought that have some investment just that not really


good that the had, study on need you see I think for this you, you'll also need to have some makes makes some research ah I have to say


yes true, I'll drive let me drive ya ya


of course


yesterday I I parked my car and just hit hit the boots, it's pain it's just yesterday a'ah, yes I I is in the I still try to there's there's some scratches there so maybe later on I'll tried see if what can I do on it


that mean you get a a accident there or what


seriously ah


[orh] really broke down at that place so that means you have to


[orh] so that that means after scrap this van then you didn't get another one lah, uh, if really not need not that frequent for driving so


not seriously I don't have


ya ah, I I really did drive safely the the only the only my son that my son caused caused my previous car it also the same thing this because of the accident


so ya I also scrapped the car because actually is it's it's uh historic almost ten years lah the the vehicle also, ya luckily no injury that's why ah so since he she he say I forget about this lah what to do ya the car is really bad bang


I mean the the door side is damn in oh, and it's some more it's some more is middle of the night you know at midnight times so is it's uh almost past


past one and he called me and sent me this sent me the the the picture I really go to I'm really, ya so but but positive thing is that he can call me so that means he is fine so


ah ya really, I really shocked at that time but the that come to my mind is he can call me so that means so I just said okay just call the police and make sure that everything


touch a word touch wood


biggest fault is him


[orh] because he know that you are newbie so like you said they try to con you


try not to I also can't avoid lah although we all just always said you on the road you you can't avoid every everyone I try to avoid taxi I try to avoid this the motorcycle know but


somehow they they also come to you oh you can't avoid and at nowadays you have to avoid the PDVL car also , right just trying drive safely oh what to what to do


after pass that means is their their uh own time own get already what


(mm)


something happy life in a happy (mmhmm)


uh you mean after the lock down


oh okay, it's it's still Dabao back ah , most of time , okay


true also ya only the until you say that can go out to meet up with friend although it's only five that moment well we already have a small gathering okay a'ah, your sister now dare not they dare not they dare not go out again


yes , I ya uh ya I met with your sister but not with the other so ya not in a group yes yes yes


a'ah so they still dare not to go in the group ah, yes, yes sure that's right ,


but for for this COVID is really that , it really a sudden, hor to change everybody life


so again so I can't uh I can't don't get it, (mmhmm) (mmhmm), ah okay oh oh I've ever met err that that that times uh okay is like actually few days ago ah


I went out ha and then I saw I saw aunty without the mask (uh huh) without a mask and she she also didn't realise it I think, she just came down from the block ah ah that's upstairs you see so when when he look at me then I said aunty I think you've forgot you mask ah


oh hey ya ya ya ah then she already cover her mouth actually she want to go back you see I I have a spare mask lah in my beg you see ah it's okay actually since that she's only stay up upstair actually I want to offer, offer the mask to her and I think we have to you know for for those that we we go go out with because we ourself also always forget these things like they say nowadays go out it's not not to check


your key car key if not your key the phone is is must to check whether is uh ya ya check the mask so that in the end I think I us that's why I put extra inside my bag, ya


sorry ah it you know it is it is it's not doing ya of course at but some time, because when we ask others ah we also scare that some of them might be uh agitated or what is it ah, ya or or maybe some of them they really purposely don't want to wear so some


I mean sometime I also hesitate that whether should we ask or should we open our mouth right, hor a'ah, ya because I see the auntie


, ya it's really auntie lah ha it's it's it's not that kind who look so fierce lah if not I also dare not to to ask ah ,


ya true lah ya, a'ah, but I think the the really good things is maybe because of this COVID then lesser people go out like what they say can see the really the blue sky ah


and then recently always can see the rainbow right you know that always ah less pollution, , (mmhmm) ya, (mmhmm)


coming back ya coming ya more and more coming back ya we can see the expressway uh like what I said to my to my girls eh look like they already been closed for too long and can't drive ah, so now


did they try to, like uh how to say driving so rough !wow! really go for F [orh]


I don't drive so much lah


hopefully everybody, really (hmm), , oh


hopefully after the uh, (uh huh) could after this I mean nowaday they should realise that the hygiene is very very much important, ya you know ya ah


the the hygiene


ya personal hygiene ah nowaday the uh every time have to no need to remind everybody come back have to, wash wash hand wash, change everything even have to wash the slipper also wash the shoes they'll wear


, , true and this this I mean this this is the, the usually step that they will do lah actually


ah ya ya, , ya, a lot of changes ah hor there's really a lot changes (mmhmm)


a'ah


yes I uh, I think quite quite a lot of my friends they they they enjoy don't know what's wrong lor , ha hor


uh, (mmhmm), freedom ya freedom is the uh it is the key key point really freedom is keywords like they said ya ha


they have to no don't have to wake up so early to prepare themselves and to drive to office right, but of course but some of them will miss out their uh breakfast Kaki lah ha, uh , but it's also Shiok that to stay home to have to have


breakfast with with the children with the family right uh and then that's a this a small change


of course there's some of them will complain lah because now stay home the weather is when the weather is hot you have to on air-con what you you go office, air-con provided by company eh , , so


what, , ya yes, uh, it's true it's true life is short life is short right


ya then, at a, soon


look but like I said sometime you have to depends on, it you you will you will hesitate that whether you should open your mouth to ask because when you walk around you can see, like, many of the, many of them they're wearing the I mean the mask that but they are wear it I mean is


in is wrong right so sometime, would you'll hesitate that to make yourself that !hais! must I ask must I must I uh I mean, correct they have to put on correctly or maybe they just purposely bring down a bit to breathe or whatever you see


uh, but think positive only (hmm)


oh no freedomly, oh is it !huh! I thought uh, [orh]


oh,


[orh] okay,


ah okay, okay uh (uh huh) I as a child, (mmhmm) plump ya but now hard seriously because of this COVID also


hardly go out so, I still no chance to take the public transport lah , , I I prefer it because if it if nearby I just prefer to walk , just take it as as a exercise lah


(mmhmm), , eh during this COVID I think uh many of them ah become, six six packs ah do you exercise though ha I heard !wah!


ya spend their time ya ha some of them (uh huh), (mmhmm), follow follow the TV a'ah, ah


, okay, can ah err, although I strict follow but also, not that not really that hardworking lah ha ah ya


lazy worm in in in the it's still in so , okay lah because, I mean maybe because we already used to, I I, am, I'm not really the those type of the shopper you see


I don't have shop shop I'm not the shop shopping oh shop shopping-holic like that I know your sis can can shop the, a'ah at this uh orchard road for the whole day from from uh uh from to back that one not me eh not me you see even window shop or all these not my mode my not my style


so so for for this COVID that to make yourself stay home of course there is a restriction, but I should say that not much changes not really much changes to me lah the only thing is like you said that we cannot meet up with others


so this is of course it's a bit sad in the first place lor ah, but luckily now hopefully they'll open up mah, not not bad ha (mmhmm) now of course, home yes


(mmhmm) , ya, nice it's really it's really (mmhmm) lucky that we are in singapore


ya luckily our medical, field here is uh strong ah ya, you say like this, ya lor, that's why, so uh our our situation is not that bad although of course although so many the workers in the end we count lah hopefully the community


but it's good that the community ya the the community the the the rate is not so high , , and and it's to


planning ah, so good


so hopefully, good things more good things coming out okay


, , hope so ya it it it ya it is salute, what how to save, maybe it's a it's a good chance that, they come into this, right


for for our times and and their times is really difference nowaday ah, you know our , true


well ah I I'm I'm I'm always positive just to say , the , think of bright side , really have to think at the bright side life still have to move on


most of the time otherwise I will cook lah a'ah, yes uh I I did try before ah try out but uh, uh with kids on


not ya with family yes yes last ah last last week, we just we just went with with my with my father, I block ah, because it's err ya some of the food you really cannot Dapao ah


financial related topic


ah continue okay sorry I have to look at the screen uh, or or later you want to uh start off first because I'm trying to


housing loan okay uh regarding housing loan actually ya I don't quite really understand about housing loan because I did not opt for rates, in in in in the uh ya in the new, ya in the new purchase ya


the new retail purchase we did not go for that, because we are we are selling off the old one to, to to, to cover the new unit you see, a'ah so financially but I know a bit because uh I mean the officer in the HDB uh got to talk tell us about about financial loan ah loan before we decide to go for loan or not


so I know financial loan is definitely uh cheaper if you get it from the CPF board instead of going through banks ya because banks their interest rate, might be, fluctuating now and then, ya and then


you want to if you want to share what you know about that


ya this this will be interesting, you want to share in a dollar would, [orh] [orh] can can can sure sure uh a million dollar


ya a million dollar oh ya I I my math is screwed for a million dollar is uh, uh six zeros right, so uh I mean, actually if you think that a million, seems big, but seems that it might not be big enough to do a lot of things right uh we can do it for


investment ya, or like, so maybe use that money to to do some investment to let money rolls, uh instead of just, doing some purchase


so that means a work, oh what you are saying is, okay can can can hear me [orh] okay


so what you are saying is uh mostly you'll use a million dollar in in in property, uh area is it, or you'll do something else also


so it seems like what what you're doing ya, I see so it seems like what you're doing here uh or what you dream, to spend your million dollar is is exactly like what a financial planner might might say to you right, they always say err keep some percentage in savings some in investment risky investment some in some passive uh investment and and and in some in in the banks for for security


right, uh do something that, that err, that you want to enjoy from this part of the money, I would though, definitely some spend some definitely spend some while enjoy like going overseas


so you'll spend on your children


ah hundred thousand, hundred thousand, or go round the world with hundred thousand, (uh huh), although that's something thousand I think we can go round the ya


twenty five thousand each


ya not much ah actually when you think of it


so for me life is a a a a bit easier ah I I I I don't have a uh, kids or I'm not married yet so a'ah, I can spend more on myself instead, compare to you, uh so to me !whoa! enjoyment part is a huge-r I mean is a larger part


quite a normal typical singaporean uh I think a lot of singaporean like to, to, to let their money grows like what I mentioned earlier, so to do some investment to ensure uh more money comes in, along the way so you got less worry and less burden on your financial part


ah think this is what I'll do like a typical singaporean will do would you do only do you think my dream is, is very typical singaporean, ya ya come to think of it maybe it's sorry


no I mean come come to think of it uh maybe will spent some of the money on on on, err creativity areas, or or or should I say uh [orh] innovate innovation, err or on on, IT stuff uh to get the newest uh things to try on newest gadgets or I don't know newest equipments newest devices to try on


uh yes, ya maybe uh or or to keep in pace with, with the technology ah I mean, million dollar come to think of it, ya, it can be done if you don't spend, a big portion at one time


uh, if you spread out the money and use it ah there's a lot of things you can, do right, uh if you were talking about uh just now you talked about uh travelling with ten-per cent, uh


where where would you go ten-per cent that means only twenty five K for each of you you know, still can go a lot of places right


I wish we our dream can come true ah having the million dollars with us, uh and then we can start to do something on the usage of the money, oh that's good uh what else we'll have to, okay what else can we talk about


okay let me see okay oh downstairs it says about what crypto cryptocurrencies !woo! did are you in in such a


cryptocurrencies


[orh] that means you rely on more on the financial, advisor that helps you to manage your your funds right, instead, uh you you don't go and and do research individually for the things that, you want to, invest in or put your money in right, a'ah


because I I ya I realised recently recently I think I read some news, about cryptocurrencies in singapore I think the bank is, they they're going to fasten the the pace of of making this a uh something that is


properly can be done in singapore uh legally, or or or was, with MAS bounded thing or, with MAS guided, uh rules and regulations while I think it's uh maybe something that your kids next time might be interested in


you know invest in cryptocurrencies, it's only not only used for investment ah it can be used to, make payments uh, uh do a lot of things without actually carrying the, the physical money with you ah and then you can uh


make purchases in any other in any currency you like uh without, bordering about the currency rate I believe so, but it uh I think MAS, MAS the monetary err board of singapore, they are doing this quickening these steps to make it


legalise to make it to to have a uh, about the guidelines for all these in singapore !wah! this is too dry a topic to talk about, right, ya yes yes yes and I think it started off Bitcoin


with Bitcoin ya but of course singapore is not going to chase after Bitcoin, things but the technology is the same lah, ah, I think they're going to come up I think some banks especially local banks in singapore they're coming, going to or they're coming up with certain


type of uh Bitcoin like, like currencies and to be used widely ya I think they're, doing that I think only recent news maybe not not a lot of people interested to know all these ah


but it seems like gold , might might just search all this thing right


it, you you don't want to buy gold in in in non-physical form right, you can't feel you can't touch eh


and I I think the feeling of a gold bar could be quite shiok lah I mean ya ya, I think should be pretty cold on the surface ah and heavy, uh maybe from the million dollar that that type of dream you can spend some to a'ah you can just get a few bar


a few gold bars and and and put in front of us uh every now and then and look at it


when we have the million there are a lot of things you can do also like okay if you talk about investing, there's a singapore saving bonds ah, I I don't know uh are are are you did you do any, investment on that singapore saving bonds which is pretty safe secure


you you didn't go in for that ah ya, because it what you mentioned is the interest rate is higher than a lot of fixed deposit, uh and, is of lesser risk because it's managed by, the government uh ya so


it's but at one time I was quite interested in in, going into, putting some money into singapore saving bonds ah, ah but too bad uh on the risky person, uh so, I did it instead put it into stock and then make losses a'ah


, at that time should have gone into, a'ah, more secured things like the saving savings bond singapore savings, bond, think the interest is rate is, pretty high at that stage ah, ah uh but I think


uh this like any other bonds right, uh their interest rate I think they they they they would fluctuate if you don't go in now if you go in at latter later stage they will fluctuate and then like go up or down, I, think at this time singapore savings bond should be down because of whole, economy is down whole world economy is down and especially singapore also uh dipping into


recession I think we got the news yesterday right, oh, in other form of investment, CPF did did, you use CPF just for housing or


discuss this style of CPF investment with, with you before, or or they only ask you for money they don't discuss


there must be a certain amount to be kept aside and then only the excess then will be able to touch ya, uh at uh, uh and then this minimum seems like this minimum amount is always not enough for people like us self-employed right


ya because ya because our ordinary account won't go up, ah ya, yes only our MediSave account will grow up because we we contribute MediSave but we, we don't have to contribute in ordinary account


ah so that I think that's why in this part we are, we, are we're we're pretty far from, touching the CPF investment, like we know can use it for housing, uh which we did and I and and, for for my family we didn't uh because we're we're not going for any loan


for the new unit ya okay uh, !wow! seems here the stock market is not the economy, K what what do you, what what what's your view on this it seems the stock here the stock market is not the economy


uh it says seems like uh, what what's your take on stock and economy, do you think stock market reflect, exactly what is happening in the world economy or in the local economy


which I did I did step back eh, , you're going to is it I'm I'm already stepped back, same as ya K, to me my view on the stock market and the economy it seems like K they are


pretty much related ah to, me, my my view on this uh because actually, stock market reflects of, what people like us ah expect the economy to be like in in the, near future a'ah, so if we see that


like if we don't see much hope in in, in the near future of our, economy, then that will reflect badly on the stock market, ah that that's that's what I see ah but then it seems like recently because of COVID


by right the stock market should go down pretty badly, should go down, much worse than what it is now ah, but it seems like, it's not the case I don't know whether, and since you already step back I don't know whether you're you're still looking into the market or not


it is best not to touch on it anymore lah until we have the million dollar we can spend a bit on that ya yes


okay now we move on to something that's pretty negative in in our life uh I think, it's something that is hard to share, I


something that's hard to share , uh negative experiences uh okay, maybe ah now think back of, investment ah, when I started first investing, it was a good experience but soon it turned out pretty bad ah !wah! actually I I I made my


first four-digit loss you know in, in in probably a few months, after my first touch on on stock, exchange, stock exchange transaction, !wah! this is, end, during that time it's that was a my first job you know


[orh] pretty bad you know, you you you lose out, like couple of months of, for a few months few months salary you know, just in a few seconds time you know, !wah! this is very bad experience


that I had ah I think, ya it's the worst that I had in my financial, area lah ah during that time I, shouldn't have listen to people, uh suggestions or advice you know


ah, uh I was misguided actually I was misguided by my, colleague in that job, and a a colleague that I do not know very well you know, , that's right all of it


uh of course he shared his experience but his experience are all positive experiences ah, in share in in investing ah, ya then, a'ah then he advised that a'ah maybe you should try out this actually it's something like a, short selling, I don't know you did whether you did short short selling in singapore before


that means you sell first you sell the stock first, and then you buy back, ya then you buy back within the time period, ya, and that was my first times trying out the the short-selling, uh transaction [loh]


and that is the first, I mean the first time is a very bad uh decision also lah ya, shouldn't have listen to my, ex-colleague about !wow!, you'll make, good money if you can predict that


that stock counter would go down is uh go down in the short period of time, ah so I think I think, there was a period of time it was stopped


now I can't I ya because because now I, don't really get into, to stop at uh transaction anymore so I don't know what's the new, newest policy ya, and you didn't do that before right so I don't think you're aware, whether it's stopped before or not ah it's stopped for a period of time ya


baking making bad ya baking mad bad mistake, especially in things that, you're only in you're new in you're new into a, !wow! maybe will make your life, feel so miserable you know, at that moment [orh] this is something


unforgettable, of course that is not the only mistake in stock investment ah I I believe people got, I mean


you also a risk taker right, in investing stock right


same here ya same here, it it it, it worth less than a piece of paper , , eh no lor it worse worse than a a, a a pile of A four size paper worth less than that [loh] oh that's really bad oh


uh the commission right ya ya ya, ah you have to even have to pay money to sell it off right !wah! this is very


ya ya !wah! so, both of us have very bad experiences with with with with stock investment


we thought it is we thought it was easy money ah, but instead a'ah, ya there's some gain ah and then we get more pain ah, a'ah of course starting there was some gain that's why we go deeper and then


, a lot more losses than we expect right, !wah! this is very bad lah, correct correct ya ya, so I think if you invest well last time


!wah! maybe we we we we we might have that, what just now you mentioned about the ten percent of the, million dollar for for traveling


they still there ah when you come to think of it ah


but sometimes there are things that cannot be helped lah, like we also never expect COVID will come to us what


of course we should we should avoid, some bad decisions that we make ah, hor like, investment that we've mentioned just now


ya but now when you think back it actually it still makes you angry you know , angry with yourself you know like for me, made me, made me so angry with myself oh why would I trust somebody, that I don't know well like my ex-colleague that I don't know well you know, and not even


not even a uh uh a same department colleague you know, I think it's, I can't remember well but I I think it's some colleague that probably different departments then we just meet up, I mean, we occasionally meet up during at the pantry or what you know, uh then we we then I found that [orh] he was also uh investing


uh into stock investment ah then we we, we talk about that then he shared his very good experiences uh very good so-called very good tips, so actually pretty angry with myself for, why you trust somebody


uh, when when you are not you are so new in, in in in this area oh, somebody that you don't know well, and then, who claim that they know a lot about, about this issue, a'ah


this is something that makes me really angry about myself


to blame you had just self to blame yourself for making bad decision


whatever we do we have to know, a bit more right before we we we go deep into, it ya did ah just now you you mentioned that now you seldom drive right because of, only because during this COVID


situation then you you seldom drive right you used to drive a lot right, ya ya usually you drive a lot ah, !wah! I think driving also there's something, oh if you talk about negative stuff I think


out of driving we can get a lot of bad experiences right


[orh] then you'll feel the pinch ah


talking about experiences with, vehicles !wah! recently uh, uh something just triggered my, my my bank, bad experience with my, my van oh which, I have to scrap


uh because so called maybe, uh, can be considered a bit of not worth to, repair, uh so in my sense is financially, not err, ah ya financially it's it's it's not worth to


repair lah so have to scrap it, lah, uh then that event that, incident was actually recent election when they mentioned a a a school in, you know in an what's that area ah Hougang Sengkang area ah it's a, counting it's a school that


polling count in charge of polling counts, so when the news brought up, this school, is the station for the the, poll counting ah, it brings back this memory of, uh of of of my


last encounter with my van lor, the last time that my van broke down was actually along that road, [orh] so you, so at that moment when I saw that news and brings back this memory of


my last vehicle, that broke down, area ah !wah!, ya ah then I message to a group of friends lah, says uh that, road is actually where my van RIP rest in peace


, no no no it just it just, broke down, maybe wear and tear lah was just broke down, I mean it break it break, down several times before it completely, ya


completely beyond repair in my ya, in in in my sense ah [orh] this is a, a bad feeling also I think whenever I I pass then pass by that road lah I'll keep I'll reminds that a'ah my van died down there


that that that's the last place that it broke down ya that is the last place that it broke down and I decide to scrap it, ya


so ya really very bad, I ah very, I mean it's not a good experience lah, ah that you can , you remember where your then I treat it as something, I humanised it you know


so it should be in rest in peace in that, that that area ah a'ah sorry sorry death annisary of my my van ya ya no no point lah no point lah unless there's a there's a need to lah ya correct so have you meet any accident that might make you very angry


angry or that make you very angry before, you, [orh] !wah! so you are lucky


it is it sudden you right to see the !wah!, your vehicle in that situation in that


you're inshock ah


!wah! so you are luckily your you yourself did not meet with, I mean, met met with any bad experience on the road lah, , but I I I I did lah I did lah I mean I I'm so a a safe driver you know


I'm also safe driver oh though my sis said I'm I'm, I'm not , I'm also a safe driver I mean that that experience was, uh I mean, you can be a safe driver but yet you still, could have a accident ah right


ah people's fault lah, ya so that time was, pretty angry also oh uh I think I was considered a new driver at that time, maybe only at the the first maybe, second year or what or third year in my driving


this, taxi driver you know, on the on on I mean, with, just scratch on my side you know, ah and then of course ya yes just, and try to I don't know try to, take my lane and just scratch from my side lor


and, his vehicle is behind me ah so his fault right, so as a newbie I don't know what to do you know, so we just stop the vehicle there and then we take photos and then we jump into a a car park, ah then start to negotiate you know, ah that that taxi driver


actually wanted me to pay him you know, ah, as a newbie !wow! if I at that moment, I I I was pretty confused ah should I pay, then when I start to think ah I got, brothers who drive ah so might as well consult them ah


pretty angry that !wow! actually the taxi driver was actually trying to con me ah, right me to making payments to him ah because first thing it's not my fault and, and not necessary I share, the fault as well ah ah so ya correct correct ya


so when I talk to my brothers then I found that, then, how could it be, my fault when I'm in front, and then he hit my side and he's behind !wah!, taxi driver at that moment !whoa! , have to control ah have to


ya have to control myself and then !wah!


these people went through, went through, the driving test yet they can, do, this nasty things on the road ah, sometimes wonder ah what, how they pass how they pass their test, right they make our road so dangerous ya ya that's why ah I mean make people


so angry to have them on our road to have them on our road [lah] [ah] that might cause us struggle


positive experiences, okay so now we're going to talk about some positive experiences that we


we we have our part okay, okay maybe we want to talk about, !whoa!, ya yes yes yes miss, [orh] ah, recent happy moment


I think we got to say, err, in this pandemic world COVID-nineteen situation I think the happiest moment that we could have recently would be going out and meeting people right, do you feel that way


ya ya especially recently ah we we just uh able to go in to phase two or even to meet, four other people a'ah seems like this is the happiest could be our happiest or uh it it is my happiest moment uh, during this short period of time lah you can go out and meet and


and and and eat ah, but of course lah I've not touched on the eating part yet lah outside, uh ya yes yes ya, then what what what are your moments in this COVID nineteen


a'ah with with my sister no right, ah not yet oh not yet


they dare not I see I see ah, a'ah should remind them uh should remind them that there will be some happiness in in meeting people in this period of time lah especially people like we all old time friends right,


[orh] not in a group lah, uh, I see I see I see, but it's still good to meet physically right it's still good to meet physically right, a'ah oh, oh there's some positive perspective that we have lor in our life , , small small little things ah can make our life happier


it can make us feel more positive, a'ah , ya but but they are, yes but there are good things that come out of it right a'ah this is one of them lah


and uh and and, I mean been giving something, good, during this period of time like people offer you this and that, like what you saw like what we saw on the news


ya I mean I mean during this COVID period right, I think there are a lot of, people kind-hearted people !wow!, they do a lot of, good deeds oh this is something very positive in life as well ah right


ah okay okay


oh you you you got extra mask with you ah


uh first thing you check for mask, , I see so your care and concern towards the lady is actually giving positive experience to her, , but of course in of course in return you feel good right


ya correct, ah


she [orh] she [orh], I see I see I see so luckily at at at least she she response back to you in the in the good way ah uh will make your life better


ya all these you see !whoa! all these, next time we will, we'll have all these form memories of all these funny funny thing, uh when we are out of the COVID situations, ah when we think back !wow! we're a lot of


good things in bad situations ah


ah less pollution lah, less traffic in the road ah uh all these are positive things out of miserable situations, all that ya this is good ah but it seems like uh there are more and more vehicles, out there already nowadays ya coming


but it's okay ah I mean we you don't have to, drive out, that frequent right so don't have to get into such situations right, uh so it it's okay lah then think think that's okay ah oh [orh] okay a'ah so is there anything that


we can look forward to, right you would think next time after the COVID ya yes I think, ya there are a lot of positive things that can can look forward to, after COVID uh like uh I don't know like


that maybe people will get more warm, people will will be kinder, uh people will you know like, people will share things with others, more frequently a lot of than last time


ah, yes yes yes yes ya wearing a mask is important right ah, just like some countries ya yes just like some countries they actually really have good personal hygiene, they went by mask if they are unhealthy


uh this is taking care of themselves taking care of others uh making everybody's life, good and ya and positive, by protecting oneself and protecting others, like like keeping, own personal hygiene ah


so this is something good out of the uh COVID ah you don't have to remind your children anymore ah about about, keeping themselves more hygiene, hygienic right they'll do it themselves right right a'ah correct correct correct


when they were younger that time maybe you have to uh nag at them but then now oh maybe they'll remind you, I I uh I think honestly uh I think that will bring a, ya make make yes correct a'ah so


good changes as well lah, oh, like like okay maybe good changes, uh like !wow!, and we we I think we got a lot of friends who who, who work from home, uh recently ya instead of, uh from office right ah so that you can


you can get to meet them also right last time, ya it's good to hear that friends around us they enjoy their new life right their new lifestyle right staying at, home working in front of computers


uh, having more freedom, oh correct ya yes !wah! that's good oh !whoa!


!whoa! there's something very good, , ah


ya that's why all all these, ya, excellent change ah excellent changes that we we, we have ah that we can enjoy ah during this period, hopefully we'll continue this type of, lifestyle but not


not that type of uh, COVID situations ah but, continue the the good lifestyle that we


too bad you are a mother you have to take care all these , paying eh you've got thicker bills ah never mind never mind think all the positive side you enjoy together with your children, right ya


life could be very enjoyable if you want it to, a'ah, !wah! I think ya like this in just now you mentioned about uh, uh about the you you, you reminded a lady about mask uh, !wah! I think all these good deeds


they are very great, ya it's very good to encourage oh


ya I think recently also I ya correct think positively is good !wow! recently I think I will sort of join those MRT rides lor, last time when, because now I don't drive K I I take public transport so last time don't use to get seats inside MRT you know station inside the MRT trains


now you ya even during peak hours, they are still empty seats you know it's funny hor, ya and people rather stand, than ya, than sitting oh some of them lah


so sometimes during peak hours it's funny that you you, you could spot one of two empty seats lor, that, me as a guy can grab you know, !whoa! make my day oh that make my day ah, , !wah! it's that something to celebrate you know not like last time you have to squeeze yourselves like know of course you don't have to


you don't have to look for seats and still have to squeeze yourself ah ah now you don't squeeze but of course there are still a lot of


I think it's good it's a good exercise, okay ah yes a'ah, spending their time exercising at home ah


ya, so you do a lot of exercise at home too, the [orh] okay okay okay, exercising, ya will makes our


err life better more energetic ah so that we


and joining a ah


uh it will it it would definitely gradually ya, everything will go goes well ya I mean, we we are lucky also ah in singapore ah a lot of protective measures are being done, like ya


uh should have felt good also we started the lock lockout uh late, and then we end, considerably quite early ah, right after uh uh two months, two months time !wow! better, than a lot of other countries still in lock still in lockout


!wah! thinking of something even, , !wah! thinking of something even happier for me ah it after the COVID will be !wow!, going out with those group of friends that


drinks , then we can celebrate the after COVID situation, ya, with this plan in mind !whoa!, you will feel better ah feel much better


interesting to to see a lot of changes during this period of time, a'ah ya that's good that's good that's good oh


I think you also would be ery uh very happy now that your children all sensible right, I think, during this COVID period, they grow up even faster than last time right, ha I'll


ya I believe so right


they don't have something bad to experience so they don't know what is happiness right, a'ah


part one financial related topic, so do you have personal insurance #chong ming#


how how many you have yeah yeah I got that one also


what oh ya ya ya ya which one, eh recently I also saw that one leh but I haven't really go and do research on it so , I say I haven't go and do ya because I pushed down if I put it towards my mouth ah later you hear my breathing


!duh!, the so should we purchase now


or is it a gimmick for them to actually get us to buy, ya lah it's a it's a industry gimmick they all helping each other to earn money


but there's there's early critical then there's also the critical right because EC and CI mah, so [orh], I got what you mentioned just now I got for hospitalisation from income NTUC income


then I've got uh endowment link, life policy I think I think that's what it's called from AIA then hospitalisation eh no my accident plan is actually from sompo


ya because the sompo one right if both parents buy I think the child can be covered for twenty five percent of, the don't know what ah what's that thing call total policy ah sum assured sum assured ya


how much coverage ah !wah! I cannot remember eh


which is which is actually actually they were saying right the life policy should be the amount that you are covered for your uh life policy uh sorry ah, yes please thank you sorry I got someone some delivery at the door uh ya so the thing is where where was I saying oh yes the sum assured should be actually


equivalent to the house to your to the to the to the value of your house, so that if you Nyap right if you Nyap Nyap ah then at least the okay sorry must use english right okay so in case if you die, then the amount is enough for you to sort of like repay your house or at least ensure that you know your children don't have to live without a roof or something along that line


correct I don't know I don't know it's through what conversation but I remember we had this like you know like and especially like if you are married right that's why the insurance agent will usually like to , do a review for you as a family


instead of doing it as a individual because they must look at like say for example do you have any dependents or like do you have any children like you know if you were to pass !choy! lah but let's say if anyone were to pass on like what are the liabilities that the children or dependents have to take care of so


last time if we are on our own we are not married and we are single right then it's very individual mah cause we are basically just you know but if let's say two person come together and then you have like, common uh what you call that common, property lah the property like cars and all that right then they will have to review it together so that


and but okay for your case it's not that that that bad because you don't have children but if I have children right so most of the insurance agent that I encounter right all want to do review for me and my husband together one they don't want to do it for me because it's like it's no longer about individual and the thing is if you are using a individual


uh sum assured to cover for both myself and my child then my child will have double double coverage and we might be overspending on insurance, so I don't know maybe maybe you can ask your insurance agent and see whether or not like you know have has she heard anything along this line [orh]


HPS right that's why this one I don't know but I this is a sort of like a not say hearsay but it was through one of the conversation that I had with my friend ah then they were saying something along this line ya eh but you you don't have endowment plan is it


!aiya! I I feel this endowment plan is a bit like retirement plan it's it's just to build your nest like your you know ya like you basically just put aside a sum of money like four hundred five hundred every month


then I think if I'm not wrong you cannot take it out there is no protection and ya I think maybe ya correct correct like ya lor four or eight percent uh usually they will use just use that or even like the three point seven five as illustration


ah okay okay I also have but mine lapse already so mine is like you pay for ten years but you enjoy it has a bit of a protection element to it one lah so the production will last for fifteen years or is it you pay ten enjoy fifteen year something along that line lah then


uh even though you pay for ten you cannot take out at the end of ten you have to take out at the end of fifteen years I think it's a very old old kind of policy lah so I'm ya and it's and it's sort of like uh it will lapse officially lapse next year so when from next year onwards right the money will just be thrown back to me


ya lah provided if it's suitable I mean considering the fact now that the economy is so bad right I don't know if let's say what sia, I hope the money come back I really hope the money okay


no leh I don't I don't because, yeah and I think there are always new offerings coming out so it's it's like now you buy A right then tomorrow there's actually a A plus then you Sian because you already buy A right so you will be asking like whether you can top up the plus


then they will say [orh] no sorry this is only for new buyers you know et cetera and then it has some age limit so it's quite annoying but I think at the point in time when I buy I will also like shop around [orh] by the time sometimes I really think it's information overload, yeah


yes yes but but but I realised usually you have to see who are the sort like trend setter with there's one trend setter right subsequently you realise that company B C D E F right all come with the same sale ya ya ya, so like when I buy when I buy the uh hospitalisation for my boy right I think great eastern was the one with the most comprehensive one


then AIA come out then I heard prudential also come out then now manulife also got already so it's like !hais! you know it should I wait or should I buy then yeah yeah but because hospitalisation you you sort of like , anyway moving forwards it's only cover ninety five percent lah so if you want to change every year it's also up to you


I mean for my boy lah but for me it's hundred percent coverage


oh ya ya ya they have they have they have like little booths and counter right, ya yes


yes yes ninety five percent, or three thousand whichever that's lower ya ya ya correct correct, uh I don't know man because they can still


but the cap like there's still cap mah three thousand cap what, eh three thousand is too expensive leh, ah we okay we compare to like some Tua big very big big case then yes yeah it's gonna be quite significant


but the thing is when I buy my life insurance right I mean ah not life hospitalisation right remember that I had the hemorrhage incident then it's not covered leh which is quite annoying and I tell you insurance company are so so so particular on the choice of words and the use of words especially during claim


and it's so annoying because right my doctor no it's not my agent because I don't have agent NTUC so I submit whatever the doctor write for me then I realise the doctor write correctly for me and you know who was one who messed things up the person who key in the thing into the system


okay so you know like in in hospital there are like various departments right so the doctor write a diagnosis then the diagnosis is passed on to the team which submit the claim then the person who submit the claim must actually key like for example you have code one code one is maybe uh !choy! ah cancer code two is heart disease code three is female diseases


so if you claim under female disease you let's say I'm just saying ah that policy does not cover but if you actually were to key in one cancer even if it's womb cancer for example which is a female disease right you can get covered, how do I know this right because I keep going down to the counter and then I started telling them eh something is not right the doctor's diagnosis is as such the policy says that it is covered how come you are excluding me then they went to check check check check then they realised right in the entire workflow right somebody actually messed up because there's


sorry hor now is still under filing I don't know, uh I don't think it's full coverage eh and it's some some it's not work related mah so cannot insurance if you, yeah yeah yeah I thought so no meh okay I really think go and find out


you you claim under the one that we were the company actually gave us ah


ya lor, really but I thought it must be work related leh if not like they anyhow let you claim one meh, okay then I need to go and find out I really thought need to leh like like if you suffer any illness or diseases due to work then they allow you to claim no ah


really, okay I better go and find out, ya lah ya ya ya true true


I also never leh that's why, oh ya then of course lah, yes yes yes makes sense !wah! see this is the thing you know there's so many different layers then you have to go and find out who who to claim from and what to claim from


ah you know I hope that there's actually this system ah whereby you know all your plans everything is just there so anything let's say you got into a and you got into accident than you need to claim right they just go and take a look at all these policies right and then just claim accordingly otherwise it's so messy that we have to do our own grooming


!aiya! I just keep I just keep being passed around then you know some of the insurance agents that I met right they keep saying oh ya you can transfer it to me transfer it to me then I'm like uh I transfer it to you is it because you got agenda yeah I don't know lah


like made you know some of them are the independent financial planners right, ya but the thing is they're they're they're not exactly getting the commission from the premium that I'm paying right


I don't know I don't know I don't know or is that why they want me to transfer it to them okay, okay, do you get insurance when you go overseas yes I do I do yeah


I get it from I can't remember I get it from what already I think great eastern eh, because I realise great eastern one quite I mean the, no no no as in like I did my own research and I realise that great eastern one was very comprehensive because it includes things like car


know car coverage like if you rent a car ah if you rent a car overseas it includes let's say touch wood ah you get into accident right you can also claim when you come back ya ya ya there is so there are some options then because back then I was pregnant mah then I wanted to make sure that they have included the pregnancy coverage also


so GE one also does so let's say if you are pregnant touch wood, anything happen to you you know you suffered any loss of pregnancy because of your travel then it sort of like cover not not to a huge extent but there is some coverage


ya, correct lor so I think I think at the end of the day it's really about like, what are you looking for like for example you were saying about the ECI NCI right because now you know about the increase or the change in the policy right so


you become a bit conscious and then you start looking around for ECI right ya so like back then when I'm pregnant ah I was also looking around for the things that's specific to my needs lor, yeah, oh ya then I I think it's also very insurance to I think it's very important to also buy insurance for car


because I mean not not that you don't have to but , no no no even in Singapore lor you have, correct correct correct but you also you need to shop around because right some of the car some of the car insurance right you realise it's very easy to get uh support like aviva


aviva was very very good in uh providing support meaning like you call right you call the uh hotline right within really within two hours right the person will send a guy come down already if I'm not wrong NTUC income also ya correct like the the support is really there, but then now I think we're on Tokio Marine or something !wah! Piang eh I tell you cannot even find the person you call already right nobody answer to your phone !wah! then after that never mind answer your phone then take like donkey years to come down then you'll be sitting there by the roadside waiting for long long time


okay I mean like ya usually if like this kind of arrangement then I think they better do a good job lah if not the company doesn't want to sign them sign them for the next eh actually I realised hor we still have a lot of questions never cover eh I'm scrolling down now


insurance agent ah , I just think that the person has to be knowledgeable because like for example right I have spoken to a few AIA before then the AIA agents right tell me oh ya ya ya I sell AIA products then I'm saying okay then do you know how how


like how your products are compared to the rest of them lah can you tell me what are your products why are your products better some of them they cannot articulate one then when I tell them about how other products are better right then they !huh! really ah !walao! eh why my product like that then I'm like uh how come you guys slam your own product it's a bit weird lah


actually they need to I mean I feel that if you want to sell something let's say for example I want to sell an apple I have to know why my apple tastes like how what what's my apple taste how does my apple taste like why is my apple red you know where is it from are the farmers like practicing ethical behaviours that kind of thing you cannot just say


they don't but they need to know what is the unique selling point like you know why are they better you must tell me why you better or your yours is cheaper or you know mine mine has this offering that yours don't have


at least tell me ya, but this is really what it is like if you want to sell insurance because there's just so many out there if if you don't do the homework right then, I think it will easily lose out eh that it's very funny there was once I I told the I told the insurance agent I said uh actually hor my mummy friends right actually did this comparison then I show him the comparison he stun he's like !huh! this is done by mummies ah I say ya this is done by mummies because the mummies are free mah during our pregnancy we have six months eh we have four months maternity right some of them actually go and do the comparison because they want to buy insurance for their baby


ya then they say then she he like !huh! how come my company don't have I'm like uh how come you don't do your homework , no if if is if it if it comes from a mummy it means that the information is publicly available which means if you are insurance agents and if you really want to perform in your trade right then you should go and do this kind of homework by using the available information


for your own for your own knowledge you see when people question you you can answer them back otherwise, yes but even so she did her homework lor so the thing is if let's say for example even if I am a insurance agent does it mean that I cannot talk to manulife insurance agent can what ya lor that's why so I'm just saying that you know do the due diligence lah


eh but hor I this this is very interesting I saw this thing buy term and invest the rest, I, actually think this is the right route you should buy term and invest the rest but provided if you know what to invest in and if you're investment savvy enough


ya buy term life insurance and invest the rest I mean I believe in this lah but I'm seriously I'm so lazy to go and find out what are the other investment tools so and then I'm already so dead beat from taking care of my boy I want to die already like not enough sleep, so yup eh maybe you can consider


no no no no like for example if you let's say ah if you sell buy stock there's no insurance component mah


correct correct that's that's what I'm saying because ya so the thing is they are just saying that because if you were to sometimes you know they were saying like you know save as you protect that kind of thing like you know if you buy like life insurance oh even if you don't use you can have a certain amount of money back uh by don't know what if you don't claim anything whatever


but they're just saying that you know actually you can reap a better, like better percentage lah if you were to invest the rest but okay investment has its own risk whereas, I mean at like you know insurance is the base is there lah you put in hundred the the least you get back is also hundred it won't be like fifty


no no no the endowment is strictly investment, our conversation has come to an end


part three negative experiences okay you want to go ahead first or you want me to start, I start ah, okay so describe a time where you feel that you have committed something gravely wrong and there's no way you can get back up and start over !wah! this one looks like drama next question ya too too heavy already now is only two fourteen cannot cannot describe an event that make you angry eh this one you got a lot leh


what disgusts you what, I don't know it's negative experience what it can be cockroach if you want to say yeah you just list lah okay cockroach to lizard only got two eh


like like character habits behaviour


like what like what mean like explicitly say like for example if the person say something or what what what


okay


okay, why


so you're trying to say that he intentionally omit it because it might not qualify him for the grant or something


!huh!, I don't understand but it's part of the cost mah, exactly


like since you already say you'll do it then you do it right you don't anyhow or like you should have informed us about


ya ya not right ah not right


!wah! to the point of disgust ah I don't know man ya ya but I don't know man I mean, maybe taking taking advantage of people lah, like for example


like for example you already know that somebody doesn't have or like somebody is just naturally kindhearted right then you just intentionally go and take advantage of this character of the person like you know if she's kindhearted then you know you just feed her with a lot of either sweet talk, or information that will make her very softhearted and and even more willing to help you just because you know that she is


uh more more susceptible to this kind of thing I just feel that this kind of people very gross you know what I mean


I know like you just bullying, it is, so you rather be the fiercer one ah


that's why it's quite interesting like you know I I really like animals I don't know whether you remember this or not but the reason why I really like animals is because I think animals are just


driven by animal instinct like there is no conspiracy there is no I don't know it's just very, animalistic lor like you know like if a tiger want to eat a dear they just go after the dear right and then just know mince mince mince the dear up lah but you know in the human world it's very gross because when the tiger or the sort of the bad person want to go after the good person right


he can also pretend to be the friend first then do a lot of little little action then like pretend until you know !wah! she's your best friend right then take a pair of like you know whatever knife and whatever okay if they take a Parang chop off your head once and for all then Sua you just die right but no


they just take a toothpick poke you first then take Satay stick poke you again then take a butter knife you know accidentally slice your hand !wah! I think it's just crazy ah I I that's why that's why I feel you know like for example animal right when they kill prey they don't play with food they just kill and eat


oh my god that's something that I don't know man that's why I don't like cats