right and I I dealt with the loss, ah I guess very maturely, to the point where I I I didn't feel sad lah , so , but I feel that everybody to feel uh deals with loss differently I I I feel that everybody is sad or I feel that everybody can feel sad can feel okay you know things like that but uh something that I want to change about myself but I think I would never be able to


is to, is to feel that like pain right, because I I feel that I've gone through so much ache and pain that, it's hard for me to, feel that way, ya it sounds very sad because


like I want to feel, for for for people but I just cannot I just cannot, I just cannot yeah, ya we handle grief very differently we we, (ppc)


yeah


correct correct correct,


sorry about that yeah, ya you know like yeah exactly


exactly exactly like, correct correct correct correct, I feel that this is something that I learn is uh I think a phrase that I like to use is do onto others like how you want others do onto you so like


I I I I believe I believe in uh I mean the the english called it karma, okay but we we we learn it in different way for for muslims but like I I always believe that, , when you do something to others


it it will somehow lead back to you ah it will somehow happen to you right so, like for me we always have to do good like, okay lah it it it's it's quite, quite screwed up how the world is but, always believe that you know like


uh whatever life or whatever things that like whatever thing that that is thrown to you just always always believe that uh it is, something that are are most importance that we see the silver lining out of it and then we we grow from it, and we always believe that


no matter how how bad you feel right do not be rude to others and because you do not know at the end of the day who is going to be an employer who's going to be your the person that's going to hire you you don't know that if this person is going to be the person that's going to pay you your bills and stuff like that


so like, just be nice to people in general lah and I feel that like would you talk talking to your grandma I I confirm plus shock when when you know like when you get old you know, uh people will come down you know and and will visit you as well lah cause I believe that's how life works


, and that's why I feel that like in general like, I think people would care for you lah we just people would care for us we just don't see it right, and it's said that sometimes we can't reciprocate because of the past things that happened to us


so I feel that we should be, able to open up to people, uh, just just general open up to people if we can at certain points in time but don't give everything of course , so ya lah yeah


and, correct correct, correct you must must always do that lah must always keep that, uh and I feel that like myself like talking about that right like, being transparent and whatnot I feel that there is some times


the one of the biggest thing that is holding me back in life because right uh I feel that, I I I I I hold back too much so I wasn't able to move forward, in life, because I held myself back too much like, like if if I could be a bit more


cause last time I was a yes man right I was like okay lah okay lah I will do everything I'll do everything and you know like blah blah blah blah blah blah blah blah if I was able to, tell people no at certain points I will had I'll have like more time you know like to do certain things that I wanted to, and achieve more things that I really wanted to go for lah


so yeah that was one of the biggest things that, was holding me back ah what about yourself, like, anything that was holding you back I think we got like a few seconds left, I think I think to wrap up ah to wrap up I feel that, in general humans feel sad ah I'm study psychology now humans feel sad but it's okay to feel sad


because sad, we have to accept that sad is part of us [lah] so yeah yeah


okay alright after a good uh water session hydrate okay , okay let let's let's talk about something I think that could lighten up uh


you know some hearts okay uh bot uh so bro like what is one of the travel the best your best travel experiences that you know like you you you can't forget lah you can't forget I mean I I know you for quite awhile you my friend for like I don't know how many years but


I didn't get to ask you what was your most favourite country like hands down hands down,


I see yeah


!wow! italy , okay, !wow!


uh uh I I can't Venice Venice ya Venice


I see I see okay,


yeah, oh that's cool yeah


I see


!wow! !wow!, that's nice that's nice, hopefully ah , uh, can ah can lah can lah okay so


ya for me I I think you're you you like the the history of things right , for me I like the nature of things, so uh so the nature of things so uh I I think one most memorable ah I think one of the best


uh travel experiences I had was when I went to oh, yeah definitely when I went to Krabi with my bros so, I think when I when I when I finished my uh uh what's that called my diploma so I went for a before I got my cert I went for this trip my my five of my best friends ah err to to to Krabi thailand


and I think what what I was so crazy about was, it it was crazy how, how how big the world is you know like we're in singapore right when we see things when we see nature in singapore, okay ah nature ah #Bukit Timah# hill lah all all that different hills lah uh I I think


that we don't really see the extent of it uh because when I went to Krabi there was this time that I was in awe was because okay I I was kayaking down okay uh one of the shores of Krabi, and we had to do this island circle thing lah so it was quite a long we we we came out at about four five AM and we finished about like six PM that kind of like twelve hours kayak


yeah you know we kayak island kayak , we cope ya so we we we made a few uh a few turns and stuff like that that was, in the open sea so before we hit the open sea right before we hit the current we actually entered this uh area right uh like I how if I were to actually explain it like this mountainous area where you can actually enter it and then there is like a beach like in the middle of nowhere


that's crazy you can sit down there you can have like a barbecue you can have like I don't know whatever with your loved ones and things like that and it was just insane because, we don't get that in singapore like you know singapore Sentosa man made eh no no it's not Sentosa man made but like you know we have extensions of things but this is like a a a true mountainous area and


I just feel that it's it's amazing so I I sat down with my my my friends we we sat down there uh our kayak at the side and then we we just watched the sunset, and that really left me in awe lah about the nature thing so that was, , that was amazing lah that was amazing that that was fun uh thinking about that just made me like happy yeah yeah it it was good it was ah


(ppc), that's true


yeah yeah yeah, correct, it's heartfelt lah you know it's it's literally heartfelt uh that's why


yeah, so for yeah it's, proudest moment, proudest moment would !wow! proudest moment, okay proudest moment is when I became the I I didn't tell you his ah I I I know we're we we it's been long since we met


oh ya but like uh uh I won the alumni heads for my CCA, last time ah so now now I'm in in uh in uni right but, I was headed CCA in in poly, and it was proud to see my juniors grew up, like you know that that's insane like you know there are that was my proudest moment to see other people grow


uh, by me like in a way handling them and teaching them as well you know because I feel that , you can only be proud okay so I feel that okay this is a very good topic because I feel that


to me there there's two types of people right first is someone who are proud of themselves, eh and that that's that's and that's totally fine that's that like totally fine you know but like, like how for example you achieve something great okay but for me I feel proud when I'm able to


instill a change in someone I think that's the fundamental thing about these two people uh and it's not like it's not like someone has like one or the other you can have both, but see which which is one of the bigger weightages lah so for me I like I feel that


the moments that I'll be proud of right would be in the future ah what is your when you ask me that question in about twenty to thirty years I would say the proudest moment in my life would be to bring up my child to become a a better human being than myself I think that will be my one of my proudest moment ya what about yours


I see I see, that's a good thing lah yeah that's really a good thing yeah


I see, yeah yeah


it's just you and yeah it's just you pushing yourself right, yeah yeah yeah yeah, I see I see


I see that's nice yeah, that's nice that's a nice yeah


correct, , correct, ah I like that I like I I feel that


that's uh that's okay ah I feel that there's a fine line between ego alright ego and being just just proud of yourself it it is fine you know like I feel that it you is important to be proud of yourself because, honestly honestly in life


if you aren't proud of yourself no one will be proud of you lah, I think there's there's there's there's something that we we we need to establish that, we we must take care of ourselves, right we must always push ourselves and we must always, be proud of ourselves for doing whatever we can for surviving every day for for achieving our goals and things like that


ya ya that's, correct so I want to I want to move to that to that topic so, I think what makes me want to be alive is, I want to prove, right that's that's what I want to do I want to I want to start proving to people


that !hey! like you know when I get older alright, , I'm able to take care of my parents I'm able to do this I'm able to do that I think the, honestly it's actually it's not people lah it's myself lah you know when you have your own self doubts and then like the


what makes you really want to be alive for me because I'm a very competitive person, I want to compete with myself, you might if if my my my my being tells me that I can't do it my other half will tell me I can do it, you know that that's me lah so I think that what makes me really want to be alive is to see how life plays out itself


like like I want to see how how how far I can go and things like that yeah what about yourself


to go further lah yeah to go further, ya that's true, like how like how sorry like how I did my oh did I did I tell you like I I am actually in a acapella group I I think I I think it's been long since I saw you ah so like


it's quite quite insane so yeah that that is like , something that I think no no like not a lot of people know that I have an ability lah an ability to beatbox lah so I'm in acapella group right so , I'll beatbox a bit here no lah no lah let okay ah a bit ah


, ya so that was a bit I mean like that is something that I I feel that okay so myself my my like why I why I say that it's it's something that I am proud to have is because, uh I I didn't know that I could do it lah until like I challenged myself to do it right so that that amazes me a lot


like I think, uh human beings have the ability to do things that they do not know that they can do until they try it, right so ah I think that I think that's where you wanted to head to with your conversation where, uh you want to be alive or you want to


, basically see the world and experience as much things as you can so that's one of the things that , also that what's makes me want to be alive lah so ya, (ppc) correct


ya ya ya, correct correct exactly exactly


yeah, as I want to see how I can combine these you know, so that that's one of the things lah


I I I think that's the most important thing lah like like (ppc) making money out of things you know, , but yeah uh, seeing how the world is are you very optimistic about the future like


do you think the future is going to be bleak or do you think the future is going to be okay or what do you think of, like, or that whatever is happening what would happen


(ppc), , I see


hopefully right hopefully yeah,


yeah correct correct correct, yeah


that's true that's true, uh for myself right uh I feel that, okay I think I'm in a very good spot okay the reason why the reason why I think I'm in a good spot is because in this economic uncertainty right I'm in school , I I think uh


I I feel that students they are like in the COVID period right they're they're studying right now I feel that they are in one of the best positions that they can have, because once they finish school in the next two to three years ah I'm ending my uni in about two to three years


that's where the economy's going to start picking up, like, yeah that's why so I feel that I'm for me I'm very optimistic but, to be a realist, I feel that everything is going to be very expensive as well, so that's that's quite scary lah that's the uncertain part about the future but I'm still optimistic yeah I just want to find a girlfriend also


no lah what joke joke joke , no lah hopefully lah hopefully, uh I think study first study first, uh so that's one of the , like what I'm optimistic about lah on yeah so talking about girlfriends right


uh thing, marriage is very important am I right so I I I feel that uh, the moment that I felt were were luckiest as was that uh actually a girl accepted me lah but uh that was like a a long time ago


uh the reason why I bringing this up was because we talked about our future, and, uh linking up everything was that she she she was she was one who didn't really care about her future, and and I feel that uh being able, right now right when when I broke up when we break when we broke up right now she's in NUS


and she's studying her yes studying you know studying her l what is it you can say that study studying studying it out all out, okay to get to get a degree that she wants to get a a good job and everything so I am very proud like of her lah I think I thought the the luckiest when she told me that it like I was one of the exes that


actually , changed her I guess, you know uh because, it it it it's, it's amazing to to know that even when we parted ways and even I guess that was some like bad feelings here and there I I guess she still felt that I was important nah that I actually changed her life somehow


and I that ya that's that's why how I feel like I was lucky to to to to have known her because I changed as well and I was able to change her so that's that's what I feel that, , my experience in mankind ah I feel that, (ppc)


things like this where you can change someone is where we shouldn't give up on humans in general, like right now in, oh that's nice yeah ah I I feel that it's very important for us to never give up on like trying to do something good in life


uh small thing also can lah like you know helping the aunty pick up the rubbish a bit know this kind of things is is is is okay lah but yeah that's a very good conversation thank you thank you


part one financial related topic


so Zheng-Long what's your investment strategy


ever right I guess like for me I, don't really do investments but I do, long-term investments, so , so yeah I look at long term like, maybe at least three years two years


and then there are some, some policy that I buy, is like uh twenty five years yeah, so I'm like quite a low risk, type of person so I don't really invest in short term and I don't really know how to invest so do you do trading


ah, yup


okay I don't do trading I'll I have a lot of friends that do trading, so usually I will just pass my money to my friends who give me like good interest rate and then like there was once, I actually pass my friend money and then


he just give me like a certain interest every month whether or not he win money or lose money yeah so for me I don't do trading, eh I'm not sure about it


yup do you invest in stock market


honestly I don't I haven't do do any investment in stock market but if I were to actually invest in stock I'll definitely look at the risk, and also I think it's important to look at the part over the decade


and also the recent years and I mean I do read about buying stocks and my friend shared with me about the dollar cost averaging, yeah but I'm not sure in depth so I wouldn't share much yeah


uh I have no comments about that


I think it sounds good to be automating my investment, uh because I don't need to do anything while I've just, need to earn money but of course it, it may sounds too good to be true, it was like that expected cause like where like there's no free lunch in the world and money can't just drop down from the sky right so like for yourself do you actually perform fundamental analysis


and like what do you think about automating their investments


right, I, uh I mean like


theoretically it sounds good but then if you look at the chart and how the movement is, I don't think it's possible lah, yeah, so it is not a good investment strategy


for you what about you


, I'm not sure so I cannot comment on this what about you


right


right so cannot judge first, , I mean I heard about it before from my friends who do tradings soah, it's just basically look at the cost at, the different timing


and then you average it out, so that you can look at, the sort of like a trend, in the dollar cost averaging whether is it going up or going down something like that so I think it's it's like one of the more accurate way to predict the trend or looking at


whether this stock is good to buy or not, what about you


but I will prefer like a low risk investment even if yeah like I don't earn much like at least I earn some money


okay I mean like for insurance, wait okay do you think investing or trading is similar to gambling


right, uh, I think it's different because for gambling, it's always about luck, the odds right like what are the odds


so but then for investing or trading, there is a lot of, logical side where you can really go and calculate your risk, so there is a calculating, risk in investing and trading so it's very different lah to me


so options are worth looking at from news that cash strapped investor I would still agree, like options


oh okay I honestly don't know at all, so what about CDP or custodian account, okay, so uh okay


, okay, okay may


so let's discuss like the recent performance of the stock market lah, , yeah yes, right some of the stocks are they drop like lowest like some follow SIA and like a lot of stocks drop in the amount so


to a lot of people it's good buy lah, but, I'll I think based on the situation now we are not sure whether, even though it's the lowest now will it go even lower, so it may not be a good investment


oh my I don't go in depth so I can't say this


what I invest maybe you can say first


yeah I also think that the stock market is not that economy [orh] because the stock market is more like a capital gain so where people who mostly to play this game they have, play it to earn some money, of course majority of people will always lose the money lah so that's why there are this part of people that earn earn the money


and agree that economy standard or how well the economy does has many other factors stock market is more like a prediction game for people so it doesn't reflect about the economy


so if you have yeah, , oh !wow!, okay , will I invest my money is yes I will definitely invest my money and how will I allocate


uh each one million dollars I will probably split into ten baskets , there are ten around ten baskets and then uh I will invest in long term investments which give relatively good returns but low risk and then I will probably also invest in properties what about yourself


I would actually not recommend them to invest but I can actually let them set a goal like example if you have savings of twenty K or more then that's when you can took take a sum of money out to invest


yeah but when they have very little cash I don't think they should invest which a lot of youngsters make mistakes because they have very little cash and then they start to do trading which will they will eventually lose the money because there is a lot of experience needed ya what about you


right, so do it at your own risk make sure they know the risks involve lah because they might just think that oh I invest I'll definitely earn the money but they must know that there is the risk that they will lose everything or even more


part three negative experiences


I guess like uh where, maybe I felt like err, like probably in career wise uh felt like I cannot move on or it stays stagnant and I'm not sure what to do ya that's when I feel really trapped and helpless


yeah what about yourself


but I also felt sometimes I felt trapped and helpless also cause like not sure what to do and who to consult ya that's when like feel very trapped okay next what us


, I think like maybe people who accuse me of, like what I'm not like people assume who I am without knowing yeah what about you what was it


I think sometimes like the hurtful words that will hurt the most, is from the closest people yeah because if it's not close people like I will usually from they say cause, I don't really care what they say, but when is the close ones then that's when


the words amplify its effect, I guess the saddest thing is like


usually where I, heard about you know my friends or whoever close one just passed away you know very suddenly ya that's very sad cause, that you must be that like eh life, is fragile and it's very unpredictable so the loved ones can just leave the world like any time


what about you


(hmm) I guess like I have very good support system and encouraging environment like, I hang out with friends and environment that is very positive, so I don't really feel that nothing I do is good enough but may be like


err like more personal when it comes to relationship that's when you know that is just two person that's when I will, I will feel it more often when with my family members but other than that I think it's usually not applicable to me what about you


I think there is never time where nobody cares about me or like even if nobody cares about me then I will like try to, seek the uh like I was seek the the chance to let other people care about me ya so


I guess it's a mindset where whether we think people cares about you because I think close ones will care about me ya which, just that whether or not they show it, what about you


yeah , well I guess like in my family I mean like my parents uh like my family usually they will go to the I don't care about you mode because


you know no matter how well I did in school there is no reaction to them like it's just a normal life everyday or like so so it's like culture in the family where even when my parents do well in their career or they do something good right there's no comments in the family


but even though it looks like eh nobody cares about one another but I know that they truly care lah like ya so I guess like it's important for me to remind myself that even though people don't care but to a certain extent people still care when something


bad happen to me like I'll still get help or I'll still be loved yeah but that's only when something happen or like if I were to really share about my emotions or experiences


so oh ya you were saying like what do I often worry about , I guess like I'll worry about, finances like you know there's always not enough in certain things or or like if I have a certain goal that I want to hit


and like I I it doesn't look like I'm hitting my goal so that gives me a lot of worries about how do I reach in where I want to be what about you


right, oh, ya ya ya


, I think like first is like uh my dad has stage four cancer ya so so that was some months ago and then uh probably also the best is like relationship breakups lor what about you


nice


cause it doesn't remember , I guess it's not like I guess


yeah I guess I will never change anything cause if I'll always think that I want to change thing there will be always have things that's pulling me back or make me regret so uh I'm always quite satisfied with how life is


, oh loss in my life, I guess like, the most difficult one was like, my dad lost his good health, ya so I think like at that point of time it was very very very very sad because you know when you lose lose it you cannot gain back anymore


but I guess like the support system from, friends around me and, how people are ya there are people that are there for me and that's how I can deal with what about you


oh right


people come and go, err, I guess like I'm a person that easily stressed out so, uh like example if I don't do well enough or like I don't have enough time to


to do well ya that makes me stress and then , there are if things don't go in my way then uh I'll be quite stressed out ya what about you


I guess I don't really have a thing, what about you


myself like I guess like yeah is always about, err my procrastination and my laziness so ya like it's about what about you


, I guess like that is mainly funds but, usually it's very need to it's always need I mean it's always related to career where maybe colleagues who meet the expectations or like uh when


I work very very hard but I don't uh meet my expectations and I don't reach my goal, ya what about you


okay so in a post COVID will what are some worries and anxieties you face, ya maybe you can share


I guess like at the start I was very worried that you know myself or my family members will get the virus, but after a few months where I see how singapore is very safe and the government is very good in it's, policies or measures like you know they will fine people if they break the rules so this will ensure that everyone plays their part and


that really lessen a lot of my worries and anxieties ya so I think the only worry is that I'll get the virus yeah but other than that no lah, so do you have phobias and how do you overcome them


really !wow!


, right okay, err what frustrates me, err I guess what frustrates me is that when I cannot controls how certain things goes by and


ya that that easily frustrates me ah cause there's a lot of things in life that you cannot control but then like you keep trying to control but it really doesn't work, and that's no use in trying to control it so there is this like uh angel and devil thing that is on going in the mind all the time


like you are telling yourself that eh you cannot control so don't try to control but there's a certain part of you that you want to make it happen so ya so, that really frustrates me when things don't get of the way I want it to be


what about you, , yup,


right, ya, right


, agree I think like what frustrates me is also like people who doesn't have good moral values and they will do like things that


are harmful to other people ya so I think that's very disgusting and frustrating oh so like, (mmhmm), ya


right


part two positive experiences


oh !wow! err, I guess I have many travel experiences that left me in awe because travelling to different countries will have new experiences and, I think most positive is where I have many friends that travel with me and tried out different things that is unique in that particular country yeah so like example err


I think like when I go Jeju island and I started to eat uh fresh seafood like the live ones also it was really awesome it was I don't get to do it in singapore what about you


!wow! uh , I think when you do a good deed I mean for me I don't expect a return because I voluntarily do it, so probably biggest reward is that I feel like I'm useful to the community and I have actually turn someone's day or life to a better one ya what about yourself


have you ever received any reward from doing a good deed


[orh] oh I think I have so like, I was doing like uh packing of goodie bags to send to the like the less fortunate families and then like they take photos you know like when you are doing like all the community work and then the photos was published in the magazines


so I guess like you knew that, it's like a reward also but it's not uh something that I would definitely want lah ya so describe an experience when your faith in mankind was renewed


I think we are supposed to describe like in that experience, so err, ya I think like it's very disappointing like where you always think that the world I mean I'd always think that all people are good and


there wouldn't be any political experiences lah political what is that word call you know like commotion in the career, or like people won't betray or they will they just they just like you know whatever that they promise they actually broke their promise


so I think it's very disappointing but I guess like one such experience doesn't mean that everyone is like that so I have to always remind myself to have faith, to look at people in a positive sight and move on even though I've a bad experience with working people


so what leads you to experience an adrenaline rush


for me what leads me to experience an adrenaline, right


oh okay never mind cause never mind oh uh so for me like I think like there's many things that will make me adrenaline rush, like probably when I experience some new challenge like something that I've never done before and I'm pushing myself beyond my comfort zone that's when I really felt very nervous and


it's very new ya so like example I have never spoke like in the public before with a few hundred people and that's my first time doing it so that gives me adrenaline rush, ya so new experiences and new challenges or even bigger challenges will make me feel that way yeah so describe the moment when you felt the luckiest


uh ya I think I feel like lucky most of the time cause, uh I get what I want like in terms of career and the company I am in will always do very well lah ya so what was your proudest moment of your life


I don't really have a proudest moment of my life I think I always proud of myself because I will uh always step out of my comfort zone to try new stuff and find out about myself more yeah, so what amazes you


okay err I think ya like what you say people amazes me I mean people who uh who are successful amazes me because like there is always a story behind them on how they reach out to where they are today


uh ya and what makes me want to be alive err I guess like to be useful and to have purpose in life that makes me want to be alive where I can help


the earth or like people or community in some ways or another to make this world a better place I think that makes me ya want to be alive what about yourself


I guess uh for me is , able to handle uh many tasks at the same time so like probably multi tasking, yeah cause I can actually segment the different tasks and then carry out at the same time that's why I felt a lot of confidence lah what about you


agree, I guess I blushed the most when people are talking about me like I don't like to be the like in the limelight when I'm there and people are talking about me ya


so what about you, cause you too dark


I guess the best one is to really just go overseas and chill and not think about anything but if, at home then that will be where I my own personal space and time to just sit down drink tea and read some books or listen to some jazz music what about you ah


uh I guess like that was at the start of my career I'm someone that, looks very lost and confused and I'll always just do things without thinking much or say things without thinking much so there was like a bad impression in people


but I know like I'm a very hardworking person so I think like I almost very consistent with my work and when I started to like have good results and other people they probably are complacent and that's when they know that eh I can do stuff and


by many years behind they see that eh I'm always improving that's when that will shut people up lah from talking about you what about you


I'm not sure like what is best surprise but I guess it's, about the mindset of what the surprise to you is but to me I think the best surprise is always where you know when I help someone and then


that really have very good positive impact on them and that's surprises me because like !wow! just a little effort from me and their lives changed, and also the best surprise is when it's a surprise from myself where I realised that oh I've actually do something that I think it's very difficult or like it's almost impossible for me to do so


ya that is for me what about you, , uh like do you like surprises


what uh maybe you wanna share first


I guess like in every crisis there is an opportunities uh looking at you know this uncertainty, uh I think it's a very good, probably set point or a chance for businesses or for everyone to become a better business or better self uh ya so that's when


in the future they will be more well equipped with skills because if without this global uncertainty or this situation people wouldn't you know stop and, start thinking about eh what do I lack or like what do my business lack and what is my position in the market now ya and that's when people wouldn't change without you know this huge uncertainty


yeah so I think I still very optimistic about the future because I think because of this situation you know you get to find out that actually, telecommuting working from home is very possible


and it might also increase the work productivity, ya and also like because of this situation you know people start to be more open minded about online shopping on like online market instead of the traditional retail shops ya


so like do you have anything else to share about positive experiences in your life


uh but I think you're you are generally a more positive person so like what are some of the ways that keep yourself positive


ya hang out more positive people I agree too


alright, I mean the the part one financial related topic was always there


[orh] part one financial related topic, uh my investment strategy is err short term and long term


so, err what I will do is that, , I'll look at the different options available lah for short term and long term long term one usually is a lower risk kind and uh short term one is usually slightly higher risk but I'm not financially train in the sense where I can calculate all the different numbers so I usually


pass to friends who I trust err who have a portfolio in investments, then uh I also don't leverage, and also err, I get report lah every month of where my money actually go to, so, err how long is your investment horizon lah


what does horizon mean


err no, but I I like IPO stocks err I don't think that's really counter trading but IPO stocks is quite interesting and uh referring to the question one ah I think I have some philosophies not philosophy lah like some values that I follow which is uh


first is uh insider information as much as possible, and second is discounted prices and then third is high potential so if all three meet than most likely I'll be putting quite a bit of money inside, how about you what uh what is your trading strategy


I see, so uh, yeah I I do err which is passing my friend lah and I when I got time is I go and look it, look at the chart myself which I also don't know how to read but there are some indicators


to look out for where my friend have taught me lah, so , err how how about you then what do you look out for when picking a stock for investment


do you perform uh fundamental analysis or technical analysis when investing, you do that, what do you think of uh automating your investment and invest passively


uh, yeah I do I have a list uh of formula that I need to cross-check that was actually pass by my friend so from there uh we will determine from the market cap and the PE ratio


and certain indicators uh on whether the stock is over valued or under valued ya so I think automating the investment is probably, uh on low risk eh investments something like your bonds in your dividends or your


ya blue chip stock and kind of stuff uh where you have not much control , I think it's okay to invest passively but I think probably majority of investment, err where it is more active


it's quite hard to automate lah like for example if you were to do leveraging or if let's say you were to be choosing a stocks to invest in, uh as compared to passing the money to other people to invest I think it is possible if they're professionals at it, but also must look at their profile lah if let's say they


uh technically using your money to make money then, you know the the interests may not be at heart lah while they are while they are building a portfolio, so yeah, a lot of people say buy low sell high ah do you think is a good investment strategy


I think buying low and selling high is probably a term that a lot of err, normal people will talk about, when they are when they are discussing about investment and stuff I think it's not as simple as that, for the concept is uh fundamentally it is buy low selling high but I think there is a lot more ways to look at it lah as as compared to just buy low and selling high like for example if a stock


uh like SIA were to drop quite a bit, err of amount you know when when the COVID nineteen happen, uh does it mean that you should buy because it is low you know but is on reference with the previous high but, uh I think what a lot of people fail to do is to look at the financial report and uh quarterly prediction that they have so I think from there it is a better judgement lah on whether the market cap is overvalued or undervalued


yeah so uh time the market or time in the market which strategy do you prefer, err if I'm not wrong


the difference between the two, is uh first one is you, predict time the market uh you know when the recession will happen when are you predicting, things like that uh, while the other one


err time in the market, err honestly I, that I don't uh I don't uh, smoke my way through but I really don't know what is that, okay but, so do you know dollar cost averaging what are your thoughts on it


I guess it reduces a lot of risk , for someone that, that does err if let's say you have your own full time job and, you know you don't have much time to, to really play around with your investment I think for agencies or


companies that's that's helping you doing the dollar cost averaging I think it's not bad to be able to, reduce your your risk lah to make you feel more assured, yeah but then again err, usually when when the risk is lower the


the returns are not that exciting lah, yeah, so that is that's about it, right


, yeah I think having err, stable constant , returns I think it's assuring enough but also, we must look at the the financial portfolio lah I think that's very important to look at the credibility of the company and


like for example recently Tesla and Apple have like stock split, uh historically, stock split will lead to higher increase but you will never know how high you will go and when you will actually drop, so it's very hard to say if for for us who don't know I mean for people who don't know how to read financial report to know


whether it will be going up or down uh to many of them it will be more of a gamble lah than really a strategy in place, ya so I think that's, do you have anything to share


oh


uh I think is very different in I mean while in gambling you still can study the odds and the probability but I think in trading there are certain patterns to look at while I think I think it depends on the person if the person


I mean uh ya feeling I think , ya to them it will be more or less uh reliant on luck ah, uh but I think it's, vastly different, yeah how about you do you think investing or trading is similar do you agree


sorry I don't know I, I think I I don't know what, err I don't know in detail uh what options are but I do hear of them before, , how about you eh


I have no idea what's that also, yeah I mean if let's say err talk about options which are


highly leveraged, then I think the risk is rather high lah, if I'm not wrong ah on that term, yeah, so because highly leveraged products I think if it drops you, you probably will lose your money in quite a short period of time for especially cash strapped investors


but you of course you can win a lot lah if it goes up, or I think the recent performance is amazing how how how about you


right


I think if you talk about singapore one haven't really err recover fully if you look at the Straits Times Index, but if you were to look at the US I err which is S and P five hundred, I think the market


could in US could be said to have returned to, normal, but there are certain policies that the government have implemented that, probably cause a prediction and a self fulfilling prophecy on why the stock market will go back to normal, but there are also uh many articles that talk about how


uh there will be a next crash so, uh it may not or it may or may not have, but uh but uh US side would, I would say would be more, exciting to play around in the in the investment uh area whereas uh singapore one


err, may not be that exciting lah I mean the the the I think SIA jump like three to four times or things like that but US side could be a lot more lah depending on what kind of code are you looking at, ya so ETF or unit trust which investment instrument do you prefer


ETF is a type of fund that that owns a set like stocks commodities or, uh and the ownership is divided into shares that trade on stock exchange


yeah that's ETF so, I think for myself I'll prefer unit trust, uh which is more probably simple to understand, ya because err


uh because usually when people talk to me about unit trust they will handle it for me lah, ya but for ETF wise I never heard much so, actually I I also cannot say I prefer which one because I don't personally go for them the stock market is not the economy what are your thoughts on this saying


I think it is true the stock market is indeed not the economy while


err many firms could be affected, by the stock market if they are in capital markets, but I think a lot of, in man in many times the economy cannot be judged by the stock market lah because the stock market , err it's basically a place where people


put in their money in bet of the company improving, there are some indications that discuss about the health of the economy, but uh I think there are too many factors that that can determine what the economy is lah like GDP GDP per capita the growth


and things like that yeah how about yourself


if you have a sudden windfall, of one million, err would you invest your money how would you allocate your asset for investment


then I'm quite interested in overseas properties in uh philippines or indonesia, uh but of course, ya must have like family members there lah then able to do it I think that is one side that I'll explore err second is probably start a business as well


that err that would need high high capital to go , yeah how would I allocate my assets for investment I think a good fifty percent would be would be saved up lah ya the other fifty percent of it around would be less risk


yeah so how would you uh recommend a student with little cash at hand to plan their investment journey


I think I would let them decide on whether they want to trade the money that was given to them I think such I think school fees are needed to be paid lah meaning like when they if they were to play with little money they lose it, you know they they they are paying their school fees lah to learn


how would they invest ah so that in the case one day when they become rich uh then maybe you know they will be better uh experienced at handling that amount of cash ya so err, yeah


I think more importantly is to be I think all in all lah I think investing a few


err it is very important to be not greedy, and uh also be have a, have a have a peaceful heart lah, ya when when uh which means that expectation must be always managed and also uh


ya instead of like having the dream of uh sitting at the back of the the laptop making money I think unless they're like professional investors if not I think can, really probably focus more on how they want to use that money lah instead of


you know just growing the money and growing to be rich, into values are more important ya


alright press already, part three negative experiences, so ya Shi-Ling you can describe a time where you felt trapped or helpless


err I think in in terms of my life I don't really feel trapped or helpless err many time but when I was younger, uh I will really feel helpless when my my my grandparents those are are in a hospital lah, ya so that is where


uh there's a lot of things that I cannot do so that is where I feel helpless and trapped, there's a lot of things is not in my control


yeah, what are some of the hurtful words that someone said to you that you wish to forget


I don't really have memory of err hurtful words that were said to me but err most likely have lah err my my, mom said to me before that I'll fail in business uh it's not something that I will wish to forget


uh so ya it doesn't really apply also yeah I I don't have any people that that had said a lot of hurtful words to me before, describe the uh


, totally agree, uh what are describe the saddest scene you ever witnessed


I think for myself the saddest thing that I've witness is uh where, friends who uh, who have depressive symptoms uh but they didn't seek for help, so, I think when the situate when the conditions that they have have progressed to the stage where


individuals are hard to help that is probably the sad thing because they have lot of err disruption and, and err, the life don't become normal anymore lah it has been err, deviated from the norm, so


ya I feel that is sad because they could have, live a better life err it could have have certain differences that they wish for happening but they couldn't get out of it so, that was probably the saddest thing because I feel that


uh everyone have a great potential, uh but when they are in those sick psychological state it is actually very hard for them to execute, ya to their achievements and stuff like that and they will take a lot of time to, come out from that stage so that is probably the saddest scene when there is a hope there is a chance but they they can't have it


so describe a time when you feel that nothing you do is good enough


ya I think uh quite similar err where I I don't really have a time that


I do something that is not good enough lah I mean because I'll I'll if if I feel that I wouldn't, do good already I won't even try doing it so, unless I'm forced to do something lah, so I don't think I have a time where I feel that nothing I do is good enough


uh describe a time where you feel that nobody cares about you


I think since err, younger days I was I was rather alpha, so usually I'm the one giving support to people, instead of the other way round so hardly, I have


I have hardly any time where people actually cared, for me to ask me how I feel and things like that err, it's not that I need those but sometimes uh it will be good to have, but it's just not a normal thing that, I would be seeking out, for care and concern from outside lah because


uh it's just too used to that kind of life so, yeah probably only when I'm sick then people will you know ask me how am I and things like that but yeah they will they will still have this belief that I'll definitely be fine, there are so many times that uh I feel that nobody cared about me err


but ya I mean in terms of career wise lah because at the same time I also never really go out there to tell people what I went through, so it's a two way thing so I probably deserve it because I don't open up myself out, to share uh because it's just not a natural instinct, for me lah to share with err people problems that is not related to them


so what do you uh


err I don't really worry about a lot of things because, I feel that, fate fate is, controlled by a higher authority so, uh I'll I think I'm more concerned about my reaction, err towards things that happen lah so I think I I wouldn't there's


probably my the health of the loved ones around me because that's something that I cannot control, but other than that err, in terms of my life should be fine lah so what's your saddest moment in your life


err I think the saddest moment of my I cannot recall any honestly, uh, because yeah I honestly cannot recall any saddest moment lah of my life yeah probably it hasn't happen yeah it's


probably is there one thing you wish you could change but never be able to, whenever there'll but will never be able to


, don't have as well because err sort of accepted, whatever that, as err it was given in my life, , ya don't have I'm I'm I'm pretty happy uh because of what I'm given


have you gone through any loss in your life ya if you have describe your emotions at that point of time, and how did you deal with the loss


think in business line err, a lot of friendship will be affected, uh especially from the past probably lose some friends uhuh but anyway those friends also we hardly contact


so it's because of business that's why, we were in contact, so in anyway it will be lost lah so I mean at that point of time I was just thinking that , you know in the as we grow up ah the the more of uh real friendship and true friendship is uh usually undefined lah because uh and it is also natural that


as we grow older we mixed with new groups of people and, with lesser contact with the old group of people the those you know those impression and, feelings will change uh become more, strangers err ya it it it friendship is a commitment as well lah so


at that point of time , you know because while, while I was on good intentions, err so it was easier to deal lah because , you just err just accept it as a fact of life lor and and grow out of it, so uh what makes you stressed


for me I feel most err what makes me stress uh is when I'm given a time line and it's uh probably hard to achieve, ya but I needed to come up with something to answer or like like there's a challenge that I really need to be responsible for ya I think those are the things that makes me stress uh usually career-related


what is the most traumatic experience uh sorry incident you have every ever experienced in your life, , I think for myself err yeah when I went to europe then err we're climbing this mountain


without any safety gears and stuff and it was pretty, it wasn't the rocks were pretty loose so I nearly fall, killed and kill myself so that's probably the most traumatic experience, that I ever had what's the biggest thing uh holding you back from your goal


I think err yeah , the biggest thing that's holding me back, is err, my lack of discipline lor you know so the the lack of err huge desire with, confidence to actually achieve it uh I think that's the one is holding me lah


describe a time where things turn out, uh not meeting your expectation


, I think yeah I I was following a senior in business back then, and then that person was like a idol for uh for me to follow, then it turn out that in the end ya he he left


and err technically left us alone and also, not very nice lah to to, to those who had actually have followed him so I think those, that was probably uh a time that, you know I was needed to grow the most err because ya he didn't meet that expectation that he promise


err last time when he when he uh said what he could do lah and what he would do, so that was uh probably a time that he, ya it didn't when things didn't meet my expectation, ya but everything is good now so yeah


oh where did that question come from, [orh] [orh] [orh] uh


some worries I I I think I'm I'm quite, I don't have any worries or anxieties for the post COVID, uh probably just just worry that the I mean I'm I'm quite I trust the government quite a lot so I mean in in the case the COVID really spreads just uh prayed that it doesn't get to the older generation lah


yeah how about yourself


do you have any phobias err phobia I think I, I don't have phobia that is that is, uh occurring frequently in my daily life, probably eating insects


that's probably my phobia how to overcome them is not not to eat them, not not not not very sure how to, or maybe I can ask you what frustrates you


I think what frustrates me the most is uh when people take things for granted err uh not appreciating whatever that is around them or especially those who were born in rich families uh I mean not not all of them but some of them they, ya they they they take things for granted and they feel that they should get the best all the time


so err yeah those were the people that that will that are more or less uh uh more selfish lah or probably self entitled, uh to things when even in situations where everybody should be treated treated equally


uh another one is probably where yeah they people who are selfish uh immature err they could react things differently but they didn't uh but of course ya these are the things that frustrates me lah their probably their viewpoint


and also people who people who don't have err people who have a lack of self awareness, err they feel that they never do wrong things even when they did lah I think that's the most frustrating, yeah or they're just in denial alright


part two positive experiences, positive experiences


so I'll finish uh describe a travel experience that left you in awe


right


I think err uh travel experience that left me in awe would probably be err, travel experience that is a road trip where you discover the unlimited possibilities and you have total control over


the entire schedule so yeah I I love to travel to malaysia err driving there, to to explore the different uh area that is err not really on the web just to, feel the local culture and also try the food there that probably is not even revealed online


I think that is ya those err, sometimes the nature will will surprise you with different uh views, like err lakes pristine rivers and also like uh high mountains on your your left and nice seas on your right I think those are the kind of err experiences uh that left me in awe lah being adventurous


so uh yeah what's your biggest reward err you have had ever received after doing in uh after doing an awesome good deed


I think sometimes I mean err when we when I do good deed I don't really expect a biggest reward so I can't really measure that because err


ya probably I wouldn't know what the reward is but I I believe in good karma lah so ya, uh I I never really have any specific memory of like uh doing good deed for reward so which is why I cannot really answer that question


nice, I think this is probably quite personal uh more or less when uh friends


whom are probably of a certain character, uh maybe those friends who like to betray like to bullshit at your back back stab that kind of stuff uh suddenly there was like a big change in in, their character wise I think that that would probably be a experience to me that is uh faith in err mankind renewed lah how about yourself


politics, right


right, I think err for me, when I make money so, I like to do deal making , when there is a possibility to, make a sum of money that


that probably is more than, a grad's pay but you can make it probably in a week I think that kind of feeling would give the adrenaline rush lah for when the opportunities, when opportunities err come


uh and then you challenge yourself to be able to achieve certain income, I think that will give me adrenaline rush err especially


ya are you talking just now


uh, probably in two thousand eighteen when err the company that I was helping and partnering with uh announced that they were planning for IPO, uh I think that was my luckiest moment where I get the exposure to a company before they actually get listed so that was probably the luckiest moment in my life how about you


think the proudest moment of my life would probably be, when I bought my car, err and I surprised my parents uh with it, I think that was, not really okay actually not really the proudest moment but just more probably of the the ability to be able to give


assurance lah to to parents err ya not really about the car but about the assurance that, err that they don't need to worry about my finances also don't need to worry about my future much, ya so how about yourself what is your proudest moment of your life


nice


uh what amazes me would be people who rise up from the challenge err so I like to read biographies of people who, uh after having a lot of odds in their life they managed to break through and prove that, you know uh anyone can do anything that kind of uh stories yeah so err how about you and what makes you want to be alive


I think uh, probably the purpose of err when you thought of a purpose that you really want to fight for, to make a change in in person's life or one another I think, err it's quite uh actually you to answer what amazes you probably I'm quite amazed by how people who just like to


I mean all their life was about making money and uh trying to increase their skills just to make money or they do mundane jobs just to make money I think that is, probably after many many years then they look back [orh] uh I got two children three children but I'm still stuck with liabilities and stuff like that I think that is


probably what a lot of uh millennials are right now facing and probably also our parents' generation that they don't really understand why they are alive so while many of them go towards religion lah but I think having a purpose of, purpose in life I think it's very important which for myself I want to through education and property uh through education or real estate to actually improve the lives of


people living in the downward areas because, children uh they don't have a choice of where they are born in, whereas uh adults at least got one chance in their life before, so for example is the skill or ability that you are sacredly proud of here


right, awesome, uh for myself, I think I've the ability to sell anything


ya so that's probably something I'm secretly proud of having, oh when do you blush the most uh describe the experience


uh for myself I'm I'm I hardly blush, because I think my face, my face value is very low, ya so I don't really, care about what people feel about me, err when we said is my own goal lah so I very very hard to


uh don't really blush yeah so describe your favourite activity to unwind and relax


ya for myself would be to just uh drive around look for weird places and adventurous places that's hardly find online, and then err ya probably uh ya road trips will be the best that would be allow allow me to unwind and relax uh describe a time when you make a come back that shut everyone up


uh I was I was looked down upon and also uh being laughed at when I started doing business when, uh when I was twenty one so I think, when I when I have certain achievements in terms of uh materialistic stuff


I think the the eyes change lah, yeah I think those are the different experiences that I went through uh I wouldn't say it's a come back because, I I didn't I didn't really care about how they feel already uh but I think probably the biggest impact will be on parents' side lah because they they were the ones who were extremely discouraging and also quite err


I would rather say quite quite, insulting lah you know err, to to me in terms of my decisions that I want to step into the business world, so I think when I when I, show certain err achievements yeah they got nothing to say anymore lah


so, ya what is your best surprise


err I I am not sure to answer what is my best surprise, but I we I I we we can we can move to the next question lah describe the ongoing global, I I don't really like surprises err so I can't really mention


uh probably one of my my birthday that, that my my ex helped me err organise lah, so despite ongoing global uncertainty what makes you optimistic about the future


sure, I think currently uh while it may seem like the global that the the economy is uncertain but I think there is a lot of opportunities, especially err towards digital marketing wise and also digitalising, companies to be to prepare for the future I think it is err certain


it's a important change that the economy need to go through where from the government bodies all the way to businesses, businesses uh are finding hard to change because of the mindset that they have uh they usually they'll blame the government for it but I think that being entrepreneur they they must be able to embrace change


uh so that they can position their business in a higher, the more modernised way uh how about your opinion


, we're technically done, I think the the mindset uh the frame of mind lah about life is very important, uh that will determine a lot of


emotions when, some uh circumstances happen so I think the mindset to to handle life is pretty important lah for it not really about what that happen but it's about how we react, to things that we don't that we cannot control uh when it happens to us I think a lot of people suffer


and in terms of positive or negative experience is their their view of life lah I think that is, that is the more that is like the the the root reason why they have positive or negative experiences in their life how about yourself


I always want to look at the better side because uh so that happiness is free err cause it's in your heart


nobody can take it away from you unless you want the person to take it away from you so, I usually try to prevent myself associating with err, negative people so it's not that they have huge situations that I don't want to help, but is that they don't even they just want a listening ear or dump their negativity on someone else


so I think probably some ways to keep yourself positive is to not, not really associate yourself with negative people, yeah


awesome


finance related topic


okay hi linda do you like finance related uh topic, yeah are you into uh are are you into personal finance a lot


(hmm) so what kind of financial uh assets that you do you actually buy


like stocks or insurance or annuities or what, so so do you like so is all through your financial adviser but do you like uh do you buy or trade online by yourself maybe through the online platforms


oh, okay ya, ya because for me I actually do it uh by myself I I will actually go and research online for the uh the topics and then for maybe for which some of the analysis and then actually I will trade through uh you know the online platforms and then I will just do it myself


so you you're not into doing that


oh, oh why don't you start with uh something that is maybe like uh it's like less uh more autopilot and then like involves less uh active work so for example like the ETF


where they actually they the the ETF they actually had the funds and then they will like sort of you know track some of the indexes indices like those kind of ETF so you just buy and then you just because they will follow the whole market indices and then you just , as long as the market goes up it also goes up then if goes down it goes down so it it'll just follow and then if you follow the market uh I guess that'd be quite safe


but why don't you try those kind of ETF is uh exchange traded funds so for example like there's a there's this nikko asset management they actually have this uh ETF that tracks the singapore market, stock market is something like index is an index funds or something like that ya so maybe you can try ya correct ya that exchange traded funds sorry


uh no no no no is actually is one of the uh asset class, so you have different asset classes right you have equities your stocks and shares , you have your REITs uh REIT S your uh those are actually attached to the properties so the uh real estate uh investment trust and then you have your ETF which are your exchange traded funds and of course you have your other liability which I don't really deal with that for for example the options the margins but uh


the CFD but those kind because it's a bit uh complicated for me so I actually don't look at those I need look at the easier ones so far for example the REITs the REIT S, the ETF ya and then the oh then sometimes there're this regular savings plans for some of the banks and some of the financial institutions so maybe you can try


so basically is like you every month you actually put in a an amount of money that you are comfortable wave and then you will just maybe, uh buy the stocks that you want to and then just put in every month you just put in the amount of money so that they're using the have you heard of this course dollar averaging uh strategy


strategy ya so basically is so for example lah maybe I just give example let's say you want to buy uh, uh DBS stocks so uh so every so for one of the regular savings plan so every month you just put in for example lah let's say uh maybe five hundred dollars for to buy the the stocks


so the provider will buy for you no matter what the price is so sometimes the price will go up sometimes will go down, but the thing about the course uh dollar averaging is you in the long term right you actually averaged out your your your price that you buy so that you actually don't time the market


yeah, ya time timing the market means people try to guess whether it's goes up or goes down and then they try to buy it when it goes down that's what the traders do ah but if you use this if you employed this method right you don't care whether goes up or down because you have faith that this is a good stock so in the long run long run meaning like ten twenty years down the road


uh the value will appreciate so when you buy right you don't care whether it goes up or it when it goes down you just buy you just hold the stock ah, ya, correct ya, because you have faith that in the long run like in twenty years time this stock will appreciate


so for example so today uh for this month you be like let's say like any let's just set side price for example this month is is uh , a twenty dollars so you just buy at twenty dollars next month maybe it it goes down to nineteen dollars so you buy at nineteen dollars and then the next next month it goes to twenty one dollars you buy at twenty one dollars so you just buy whatever uh


price at it is and in the long run you average out so for example you buy like let's say let's say uh maybe five years ah, so you just uh five years and then you know it's you average out lor divide by five five years and then you get the average amount that you are buying for so that's the one of the strategies that they're employ lah


uh basically is automatic so some of the banks they have this kind of uh regular savings plan, yeah ah, so ah so most I I I think OCBC has it uh OCBC has it uh what other banks POSB has it ah


then some of the financial houses like fund supermart err, and what else like uh Phillips the POEMS they also have this kind of plans where you can you just tell them okay every month you want to deduct this amount of money from your


from your bank account to buy uh whatever stock that you fancy and then they it it'll be automatic lah so it every month automatically channel the money to that to that account then they just buy and hold the stock


oh you can send I think for POEMS I think they call it smart uh there's a term for it I think they use smart investor or something like that can't remember, ya so you just sign up for that that uh that that that that service and then every month they'll deduct from your GIRO or what whatever you know depending on what you're arranged with them ya


oh but but do you have do you have an account oh, oh oh you you need to have an account first you need to open an account then from account right you can do you can do it basically you can self serves yourself if you have the account you but you must open account first


ya because it's just an app, ya so you just open account with them yeah and then you can and then uh a lot of this financial houses uh institutions they have a lot of resources


so they have like uh for example for fund super super uh super smart supermart you have like resources like you know what kind of uh funds or what kind of ETF they have research on that then they have analysis on that then they will teach you like uh okay what to look out for when you want to choose a fund ya so for example


they they will teach you how to look at the volume how to look at maybe the the long term uh long term prospect or to look at the maybe the macro uh environment and how it might affect things like that yeah yeah


yup (uh huh), oh oh for me because I've always been very interested in financial topics so for me I seek out the topic so I'll go to seminars I'll go to attend uh webinars seminars and then I'll read up on it so so by and by I'd pick up like little information bits and pieces here and there then uh then I'll


and because I like to research so I dig up the topics and then I will try to synthesise all that I have learnt and then ya so I just try lor then I just do it bit by bit lor ya so I think is actually quite an interesting process if if you try ya


you you can start with the easy ones first lah so for example for uh REIT S right the real estate investment funds because their


ah or even for that right ah so they're attached to the properties right their landlords basically ah so they collect rent okay so simply speaking we collect rent then they pay you uh through dividends lah right, and then by law in singapore they have to they have to pay like ninety percent of the you know that the that back to as dividends to the uh unit holders


right ah so for those so for for me myself uh for REITs right I'll try to uh, I'll try to find out where the the REITs the manager uh their good manager and then they because they've tenants right so if let's say if tenancy is long like like ten years twenty years down the road you you means that actually uh within these twenty years right provided that the tenants they don't go broke


they'll have a consistent stream of uh rent rental income so if they have rental income means as a unit holder uh you get paid, ah so you look out the who who are the managers who are the tenants so if the tenants are a good tenants and uh they're good tenants then they they have a long uh list that means within this period of time know you'll get paid


no lah don't ask me ask ask the experts yeah but but there's there's a lot of resources lah so you you used because it's for the dividends right so you you use the dividends as your motivation to learn more and to just a try ya, so because once you get and for me I like to say that it's actually like growing plants like gardening so you need your seed right so you put inside the soil and then in this you'll need your uh your so called uh fertiliser your your sun your your your air uh your air uh your whatever so it's like


putting capital injection you need your the environment you macro environment and stuff like that and then when things go to uh come into place and then your plant will grow, which is your investments your investment will grow and then once you have the fruits right you feel very excited more fruits and then you pour in more fertiliser then more capital injection and then you grow more and they get more fruits then you get the joy on you know growing your investments yeah growing your portfolio


ya it it's like growing plants like growing a tomato tree once we see your little cherry tomatoes which are you dividends you you will you somehow uh try to learn more to uh make sure that you take care of the plant well yeah you'll come naturally after you tried but you must start


, ya but actually but but the thing is just too early lah to try lah ya with that ya but but but for me I find is a is a fun process for me lah ya


, yeah I I guess the first is to remove the mental block that it is complicated it's not and then start simple always breakdown uh the called so called complicated stuff into the simple the simplest that


you can get hold of and then start from there and then it's like building blocks then you build on like uh one after another then you grow ya, because actually when I first started I also don't know what to you know don't know where to start so I'll just try to and then there are some of this financial bloggers and and and and you know those


uh there's this community investment committee where they actually like to share so there's this forums so they'll they'll share tips then and at first I didn't really understand because they use jargon then they use all those uh, technical analyses and whatever analysis I actually I didn't really understand so I'll so I will I I play the safe route lah so I play the I'll buy the the ETF first and then from there slowly slowly


I will try to know more bit by bit is really very very slowed accumulation of information but uh is like ya like what I say is bit by bit lor so each day you learn a little bit more, and then it adds on over the years uh then suddenly you uh you sort of uh maybe not hundred one not hundred percent but you sort of understand what they are saying and then from there you slowly slowly on yeah is a long process it's not like suddenly you you go and for seminar then you understand everything no no no ya


yeah yeah so had to uh more than ten years, yeah so (mmhmm) yeah


yeah, yeah little tomatoes and then you just get excited then you ya then you want to like uh make the plant stronger and grow more yeah so so for your


ya but actually even for growing plants right is a trial and error thing because some even for like growing plants like uh two pots of tomatoes placed uh in the same area at different one is maybe near the window one is at your corridor they may grow differently


so it's a trial and error ya, yeah, yeah, then you just have to experiment with your variables until get it lor


oh uh ya there are actually okay there's this uh finance dot SG I believe okay there're actually there are some websites which are financial websites they give you advice for example when his money money smart or yeah money smart


and then I ya ya so the sometimes you you'll have all these the the things and then there's the other one is seedly S E E D L Y, so seedly is actually an app which helps you uh , consolidate all your finances at on one app so you your your assets your liabilities is all on the app


and then from the app right they has this seedly community where they actually they share you know how to like save money how to budget and then sometimes they also have like how uh which stocks uh to buy and things like that, ya is a is a financial is more is more personal finance rather than investment but uh that's


a place to start maybe and then some ya then they have invest investing note invest can't remember all the names uh investing notes and then dividends dot SG ya so there are some some of the uh resources that you can maybe try ya and then


I think investing note they uh is free so basically it allows you to consolidate your stocks that you own so you have a portfolio there, and then from one of the uh functions that they have is the sharing part which is the community part so people will share on okay I think that DBS is going up I think that uh you know


uh the the macroeconomic is is not good for stock A B C and then they will they will share some of their observations yeah then you just maybe can read and then uh if it interests you uh you can you dig more into the the that stock that they mentioned


so you can go to like market screener you could go to Bloomberg sometimes Bloomberg will give analysis as well, so CNBC sometimes has so CNBC yeah so it's so it's a mixture of lots of different resources and then you just synthesise the information and then you form your own opinion on what it is ya


ah, ya, ya they will base the ya sorry continue, ya


oh no no uh nobody can say is black and white is sure going to happen because it's a lot of uh factors, like a politics like trump you know trade war so sometimes this will will actually affect the the ups and downs yeah


and also even business like a businesses like let's say if let's say Apple, whoever is going into lawsuit for example and then this might have repercussions then they will you know uh uh influence ya correct so it's actually a a host of factors which are surrounding the the stock itself so sometimes in all this will play


factors at play and then they'll sort of ya so the prices will go up and down because market is actually market sentiment it's not rational is human sentiment if people have stayed in the particular stock then they'll go rush and go and buy and then they drum up the demand and then prices go up


and then if people are fearful even though is a good stock then people will just pull out so it's actually sentiment is human uh human nature at work here yeah so it's ya so it's actually ya so quite interesting to to find out ya


uh we are because actually I have a few accounts I I do have a few uh apps, that I use yeah yeah so but yeah but I I use seedly a lot so seedly I use it to pull all my financial resources together so my assets my liability is all in on the app so that I know yeah and yeah


SEEDLY yeah, ya (mmhmm), ya it's like correct so maybe maybe that's why they they call it seedly ya, ya


ya correct correct yes (ppl) yes, okay


negative experiences, okay you want to share first


oh okay uh I'll share one experience okay I had this okay there was once I was uh at this ATM machine, so there was a long queue


and then there was this elderly uh lady with her maid she just uh jumped queue, and then there were a lot of people behind and it was slightly drizzling so I told the lady I say uh I I told the old lady uh you know there's a queue behind maybe you want to queue


but to queue uh behind and then she scolded me then she said mind your own business and then she use her umbrella to poke at me, and then she said uh you and your ugly dog because I was with my dog in my pram in the dog pram so she said you and your ugly just stay out of my business and go away


and then I was like ah I was like aghast like, I never seen like you know uh such a rude old lady and never and then she was old she was not supposed to be rude, and then I realised actually sometimes age, does not give you respect from others you you don't like you know


so ya so I was quite in fact during that experience I was, I was uh I was in shock for about maybe a few seconds before I I can react cause I've never there was the rudest person I've met in my life, ya so it was kind of and then she she said that okay uh your ugly dog uh get it out of my face so I was like


oh gosh rude to maximum ya so it's a negative experience, and then she was jumping queues as not very civil of her to do that, and she was like old lady and then ya, and she use her umbrella to poke at me ya


yeah yeah I I guess no matter what age it must be civil lah and then must be more considerate yeah


yeah I had another experience was I actually was in the I think it was like it was in the Grab car, so uh I was actually pretty much in a rush so I actually tried to share with the driver the you know sometime their shortcuts on the way and shortcuts I I took I've taken the same road so many times already


so I I know which is the shortcut so actually I , I tried to share with him the shortcuts to take and then she he got angry and he's, sorry and then he got angry and then he actually uh like , like uh also scolded me I've been driving for like twenty over years don't you teach me how to drive


then I told him no uncle I'm not actually teaching you how to drive because I cannot drive myself so I'm just sharing you know uh I've been through this this this way many times so this is actually the fastest if we go to this lane, ya so that was another of those experiences ya


and also maybe it's because I'm I'm I'm a girl and then he's maybe some of the male guy they they they is the ego thing so they don't like to be so called told off by a girl which is not even told off just just plain sharing yeah


so I was relating the experience to my colleague at that time and then they were saying oh maybe he was in a bad mood maybe he just maybe he was in the bad mood then maybe he just got off the wrong side of the day ya cause ya ya it's really


ya, ya it's really bad ya, have you met people like that


(uh huh), you want to share like maybe (mmhmm)


ya do you do you want to share like maybe one of one of those negative uh experience


sometimes yeah the the CB also brings out I think it brings out the best in us and also brings out the worst in us, like I've seen people I don't know whether you've seen some of the videos circulating online like people mocking other people for not wearing masks and things like that is gives you a bad feeling I I remember there was this one


uh one video, uh the guy I think it was a it was an old lady uh okay at that time we're not supposed to eat outside, so she was at this uh table I think it was a hawker tables so she was eating and then uh her mouth was put down or without a mask I can't remember but anyway there was this another the person taking the video uh telling her to actually like put on the mask ah


and then she was saying like okay okay I will I will put on or or whatever and then uh uh no okay she said that if you put on your mask uh I won't film you or something like that, but in the end that person still filmed her yeah so it gives a bad taste


uh because there were some comments on on the the the the the the action of the person taking the filming cause the person actually agreed not to film her and put her on on on, social media but anyway the person still went ahead and did it anyway


so so there were some discussions on on that, so so there were like people who sympathised with the old lady in the video so the sympathisers were saying you know sometime people in the know these people they have been through a lot they have been through the war


they've been through a know a lot of this hardships and to them COVID is just a cold and then also they have this difficulty grasping the concept and also because you know they they probably are they they need to like go out they don't want to stay cooped up at home


so to them staying at home is actually quite it's not easy for them ya so the sympathisers were saying, actually when we see these folks right maybe we should be kinder and not be not not, talk to them in harsh tone but trying to you know uh you know talk them around and then like offer them masks uh extra masks if they need and then not not to be that kind of fortifications okay you must do this you must do that kind of tone but but trying to explain to them nicely


ya so there were the sympathisers uh view and then on the other end of the spectrum, there are people who actually were lashing at the old lady ah why you so old already still like so stubborn then blah blah blah so it's actually so the whole , although it's not personal but the whole experience I think it's actually gives me quite a


quite not not not a very uh happy uh viewing experience looking at the how how how it pans out yeah, so like


yeah


and sometimes they're they just I I I think uh because of the, I I don't know maybe because during that time it was quite intense to COVID situation so people are are are just, out to vent some frustration so maybe there's one way of actually venting out the the the frustration by by by pointing at others see this guy not doing that see that guy not doing that so it's like this kind of outlet for I don't know tend up frustration


so that is actually yeah projection on a negative vibes is not very good experience


and and , ya and also, ah I don't have children only my pets yeah, ya no no kids ya my fur kids yeah my fur kids


that that was why I was quite angry when that old lady just mentioned just now like, told uh told me in my face your dog is ugly get it out of my face I was like was quite offended actually if she said it to me I will I might not be so offended but you told me, my dog I mean to me of course my dog is very cute lah ya so your dog is at get your ugly dog out of my face it was like my god so rude to the maximum yeah


and and they're also like people who don't understand so like there were even people asked me because my dog is actually about thirteen years old now


uh so there was an experience where this person ask me there was this guy asked me okay at the at that time my dog was about ten years old so ask me so how old is your dog so he said my dog is a ten years uh ten years old that was at that time, then then the the next thing he said ten years old ah quite old already so uh when are you going to get a new dog I was like what


so he was like, ya then he realised I I think he realised his mistake so he tried to turn around but, the but the the but the harm is done, what do you mean the ten years old why should I get a new puppy so it was like is this kind of perception which is actually ya this a very bad taste in my mouth ya


oh, oh dear


oh dear, that was overseas is it that was not in singapore, oh gosh


oh, so so they actually using the dog as a tool


ya that's quite scary, ya, yeah yeah and also yeah because and also when I hear of people abandoning abandoning the dogs or the cat or whatever


when they are old it's it makes me quite pissed off because like like sometimes the dog right uh it's like being with this person of this family for don't know like more than ten years and because just because he has become old, and maybe maybe not in the best of health and then he was being like uh abandoned so it's really


don't understand can't understand I mean it's been review for there must be some feelings and emotions with attached to the yes so how can people just like say you okay bye bye and then just leave it the worst is to just leave it you know, in the forested area


and yeah and although the baby doesn't know it but it's actually setting a very good, uh example for the baby and also I believe in karma so it's very bad karma for the baby as well


ya, it's, oh yeah those kind of ya oh my god


I think recently there was a case and it was circulated online social media there was this guy , suddenly didn't really sounded like a local person like do you see I think it was a, uh the dog in the victim is I think it was a


poodle a teddy bear poodle so the the the video was showing this guy like stepping slapping hitting it even using the leg, to kick at the chairs the the poor thing, and then the the dog was like oh yeah and then the dog was like so scared so there was one of the videos was the dog


that guy made the dog stand, and then I think he was wet and then he was in front of the tent, and then the dog was whimpering, and then the the person was, still making him okay stays stays stays you know it was (ppc) very hot (ppc)


ya heart wrenching (ppc) wrenching to watch, (ppc), don't know that that one don't know I I I don't think a stray dog because the dog is a is a, uh it's a poodle is a teddy bear poodle I don't think uh, yeah I don't know whether he bought it or not lah but it was quite dissolute disturbing the the video


ya, ya, and then it was no sense because the dog was there was one one of the videos where he was wet then it was like it was shivering and then you you can see then he was whimpering so I mean !aiya! as a


as a human being you you you hear this noise right you you you feel !aiya! the dog is whimpering right sad right then that that guy still you know uh, the the heart I think is black steel harden so, ha yeah don't understand, ya


don't know, the the I think yeah I think people who who abused animals there's something wrong with the the the psychic, and


ya and I think is actually yup correct


ya is a bully actually, ya, and actually is very dangerous because if they're allowed to let off be be let off like lightly right one day they'll will turn attention to maybe a child, and then to a weaker female ah so it's actually potential well criminals ya in the making


so quite sad so, so you never know some some human beings are just like they're monsters ya


positive experiences, okay yup you want to share your positive experiences in your life first maybe


okay I guess that's one ya


okay well well for me because I do sometimes I do some community work so for example I'm involved in food rescue , so uh ya food rescue so basically the ugly food from the wholesalers they will throw away if nobody because nobody's going to buy it


but actually still edible so a team of us will uh will organise ourselves in fact actually I don't organise lah I just the I'm just joining tagging along so, ya volunteer correct that was before COVID, uh happens so actually we tag along and then we just go and rescue the food and then makes uh and then you because the people involved are very very nice folks so it's always a very positive experience and


is very fuzzy kind of experience because uh you managed to save the food from the the bins the dustbin and then is not wasted and then you can share with neighbours and then, ya so you can do good share food


so is a positive experience for for me ya so that's one of it, and then in the process you also meet very nice people and then becomes friends ya so is a triple quadruple I don't know quintuple gain to the oh yeah and and because when you're doing as uh the rescue mission you actually you have to carry stuff so you actually during a workout so you you sweat like hell


then you you have can work like maybe twenty thousand steps uh during the mission, so is also exercising ya so is a multiple win kind of experience ya is is very very positive maybe you can try


oh actually okay there's this uh there are a few places where you can sign up for so the ones that I usually sign up for is I go to the #Pasir Panjang# wholesale centre, and then they'll have like ya then we go through with the vendors because they it has been one year or so so there's a good rapport with the vendors so they know that we are coming so when they see us with the tag and then they'll know that okay we're here to collect


uh the uh edible food but, they're ugly so they'll just give us the food so will collect from them say thank you and then uh will put all the collected, stuff at one place, ya and then at the end of the collection usually is about, one and a one to one and a half hours after the time is up so we'll


see at what we have collected and then will have we'll apportion it, because some of them will go to the community fridges some will go to a free food for all and then some will go to other beneficiaries ya, and then after that that's done


and then we'll take our share ya so basically there are so it goes to a lot of places lah then there's a lot uh there are many volunteers involved so some, are there with the transport so with the car so, uh at the point of collection uh when it's done uh


after everything is collected they will come with their cars and then they'll load the food and then they'll send it to the fridge to the community fridges yeah so many parties involved


ya correct, ya correct, and then, , (uh huh) (uh huh), ah that's good, yeah I think there are many splinter ya many splinter groups around as well where where do you uh yeah there's splinter uh groups around as well ya so a lot of people doing it yeah


and some of the food right uh in fact some of okay that is for Pasir the one that I mentioned was #Pasir Panjang# wholesale centre but it go to elsewhere like little india so they some you have indian vegetables which I've never seen before but, so that we have a what ya then we have a whatsapp group so and then we'll share what is this thing you know this thing that you have rescued


you've never seen this uh fruit or veggie before then how do you use it and then people in a whatsapp group they will share oh this is uh I don't know this is a this is some kind of god so how you can use it is you you maybe you cook it in soup or whatever and then you learn new recipes along the way so there's a lot of sharing


yeah


ya so so it was quite fun so through the rescue missions I also learn about our food learn about the new, uh new veggies and it's quite amazing I mean I've been in singapore all the while right and then the the I think it's the the indians they like to use this kind of uh veggies and then you have never seen it in your life yeah it's only because I went to little india to rescue their oh then I saw oh my god what's this


ya so it's quite fun, yes


ya, ya, so so do you do you like food, do you like food or do you like to eat,


(uh huh), uh, and and then do you cook does it give you like a norm positive feeling when you do the cooking


ah so, , (uh huh) so so you have do you have any favourite uh like veggies or or or favourite kind of uh cooking style except for the uh besides the japanese style


so washing is not the uh not the positive experience lah


ya so it's an experiment experimenting with food right cause you you only cook with what you have right, so so


oh so is that is it an app as the website !huh!, oh, ah that's interesting, oh so so basically depending on what you have there actually they'll actually tailor the recipe for you and then you just you just cook lah


oh interesting ya that's good that's good, ya actually ya that that's that's a great yeah that's a good way to to use your food so to ensure there's no wastage yeah, yeah yeah yeah that's good yeah so so besides uh besides cooking what else gives you pleasure


sorry oh baking ah


so have you always in baking or is it a new hobby you picked up during the COVID season


okay eh do do you share with freeze it (uh huh), do do you share with your neighbours, do you share with neighbours you have so much of it, oh ya hor oh yeah, oh then you have really eat muffins


, ya so you have how how long have you , so how long has the muffins lasted uh how how long have they lasted, weeks,


but that but do you eat it like different styles different styles of eating, like maybe sometimes you eat it with I don't know uh eat it with butter sometimes with something else


ah okay, ya but at least it was an enjoyable experience uh baking the muffins


, do you still have them in your fridge, oh !wow!


(uh huh) oh !wow! okay, are are there are there uh ways to experiment with the muffins like maybe you add different uh ingredients inside to make it tastes differently


ah, oh no eggs ah then what do you substitute eggs for, oh


oh, oh I see I see, but you taste different right if it's not eggs it will it taste


interesting ya


so so is there any reason why you don't eat eggs, oh okay are you a vegan, ah are you a vegan


ya actually, yeah yeah actually I tried to be a vegan once but I failed, yeah it's hard, ya I actually tried, ya ya but I I failed lah because actually I tried I tried for I was successful for about six months


and then one day my one day my neighbour offered me mutton Briyani that's it , ya because she didn't know that I've changed my diet so she gave me okay then uh then I ate then okay that's it then yeah but but since then I've I then I try but I still try not to eat mutton beef or pork so ya


ya chicken duck seafood ya chicken duck seafood, ya, ya I know but it's not because of it's more because of yeah I don't know why but I just uh I like poultry lah ya so it's very hard ya


but it's very but it's very weird two legs ya ya but it's very weird, when at time when I was doing the the experiment the vegan experiment I actually didn't really crave for meat at that time ya ya but anyway I failed failed experiment


ya is quite tough and and also needs a lot of research because you must know like what because you're stop eating meat protein, so you must be able to know what kind of protein in place to replace the meat protein so have to read up a lot also it's quite actually quite quite tiring


and (mmhmm) and then is a way is there a way where the some of the proteins or the the phytonutrients you're binding with each other like certain things you must eat with certain things in order to get the best of it


, but it's actually, but it's actually very interesting because there was once I remember I was at this suntec so I think I was having, some herbal soup and then I was having some herbal soup and some I think was broccoli so two dishes


soup and broccoli I think got some ginseng chicken soup or whatever and then there was this uh gentleman next door uh next table then he was telling me, uh eh girl you know that if you eat like this right you cancel out the nutrition of each other, then I said oh <mandarin>是吗不懂:shi ma bu dong</mandarin> leh


ya then I realise oh actually there's certain food you cannot eat with certain food because if you eat right because after that I actually went home to uh google a bit then seems that there's some truth in it that means certain food if you eat you get the nutrients right then eat something else right it's actually cancelled out your nutrients so it's like go back to now


ya but it's quite interesting


oh we we don't know that right yeah cause a lot of people I mean me including always drink honey with what a hot lemon tea right


it's so interesting right there's so much new stuff to learn everyday, ya


so you change it and use the cheap ones lah, ah okay, right


financial related topics


not really but yes we are talking about it today right , uh well I do have some but mainly is


more for my financial adviser, like I don't follow on my own very much, ya


yes I have some stocks some insurance some dividends stuff yeah


nope I'm the lazy person just just find someone to do the work and I'll pay the money


yeah I try it, I tried to like I download some apps like when you go on the trains station on the train right you see the advertisement on the trains, so I try to download the app apps and go for some courses


like some of the places they give free courses but I really don't grasp I cannot understand like all the jargons that they use and yeah, so


what is, what ETF, oh ETF okay


ETF, so it's like an app, it's like an app on phone that you can download or is it the website that you go to


dollar averaging strategy


I don't time the market, uh


you don't, you mean you don't care whether it's at high or low you just buy, right okay


so you basically still pay another person to do that right, ah okay


frank is it okay


!wow! if it's under, if it's under poem I think I can still do it myself right it's just that if I'm diligent enough to do it


right I have the app on my phone it just never been utilised, , not because I don't know what to do with it and like like I go for courses yeah, ya


ya you straightforward to yeah you just straightforward to open an account right, ya


!wow!