not good enough like cause I've there was once I would feel like I I felt like I was comparing like, oh no these students who came from really prestigious JCs maybe they will always do better that they are smarter generally smarter than us so no matter were how hard we try we might not be able to do as good as them even in team projects cause when when we do team projects a lot of times the poly students will come together will do will form a team and


so like oh no maybe it just won't be good enough no matter what how we try cause like, they they they are smarter and maybe they they the way of they doing things fits the the university standards better and all that, so I think that is one time where I feel like I ever had that thought what about you


like hearing your story also makes me feel a bit like like angry or like upset I feel I thought like some people don't get it when like, we are ourselves already compare ourselves to other people a lot and when somebody like blatantly compares you it even makes it even worse like I feel like some people don't get that they they are quite insensitive in that sense like why is there a need to compare people when there's always like different strengths and weaknesses and I feel like if


someone fails to understand that then it's a very insensitive thing to do like I believe that they themselves wouldn't want to be compared there are things that they are weak at as well and imagine they just like I hope that they can put people like theirs themselves in other shoes as well like imagine themselves being compared how frustrating that will be and I feel like


like, but I feel like sometimes people need to be more sensitive I feel like sometimes people lack that sensitivity for others they don't care what how their words will affect others when people like you say something and that person might go home and think about it like, for a long time and I feel like that makes it like that sometimes that is like that would make me sad as well ah


is there one thing you wish you could change but will never be able to


maybe maybe I can start first I think for me is, like I said a lot I harp a lot on my past and all that, if uh there's one thing I would want to change it would be maybe like, in poly I wish like I instead of like like what I said what what when I disappointed the teacher if I had


more foresight or if I had been more better time management I will have started earlier, so that I won't disappoint the teachers I feel a lot of the things that I want to change are in the past and a lot of times it's about disappointing someone or not meeting meeting some certain expectations and I feel like


like even though I know I can't change them in the past I should stop thinking about them but like sometimes even like especially when I'm alone and even sometimes when I feel sad these memories like come back to me right I wish I can take it off man I wish I'd changed that oh I wish I didn't do that I wish I started early and all that yeah yeah


two positive experiences


what's the happiest moment in my life, I think for me my happiest moment that I can think of right now that comes to mind, is when I


I think it's when I was on my exchange actually I feel like, whenever I travel that's really one of the happiest moments really whenever I travel I feel really happy but my exchange was uh like a six month stint in in paris I got to stay in paris for six months and I felt like I really got to explore a lot there be


independent there tried out new things now then when I think back like I really enjoy those moments and I really miss those moments actually when I had the freedom to do what I want and, the stress free life I really really enjoyed that so, I know it's not a moment but it was the happiest like period for me in the recent like recent times


that's nice then what about what's the best birthday gift you have ever received and why is it the best


the clients like pass it down, for me actually uh it's very different I feel like my best birthday gift cause I can't really remember a lot of my birthday gifts I think the best one I got was when I was twenty one years old and my relatives and families instead of bringing me like gifts they normally do they give me cash like money and for like for me that's the best cause like


I got to choose how I wanted to spend it like I know what I want best you know like I felt like they gave me they knew that I was old enough to decide and old enough to have the right to control my money so if I save it I get to save it I get to choose whether I want to save it or even like spend it and I thought that was like


like an entitlement like I felt like !whoa! I've finally twenty one they're giving me, this right to have this and I felt really happy to have it to be able to control and that decide how I want to save my money or how I want to spend it, so for me that's the most memorable gift and the way they gave it I thought was very memorable as well I didn't know I was going to receive that they like hid it in the cake where I've to like pull it out I knew I the thing was really popular back then where you put all the cash and for me that was very memorable and very


fun I think, so for me that's the best birthday present, honestly if the friend is like me like I haven't I know I've like quite a few friends who, who's like this like like gifts like that instead like deciding their own gifts so I have given cash like paynow them their their birthday gift actually and they are all quite happy with it so


unless it's friends who I I it depends on what kind of friends I'm I'm open to giving cash as a gift I feel like since I like it I think some of, my friends also would like it but if some friends I'll still give like I'll still take the time to choose the gift as well what about you would you give cash to a friend or


so you wouldn't want to receive like cash as a birthday gift, cash plus a physical gift


yeah I guess ya choosing a physical gift does show like your sincerity more, what is a comfort food that you can always rely on to cheer you up


like now that you mentioned mcspicy I think mcspicy is like one of the best comfort food for me as well cause I feel like no matter which country I go I feel like singapore's mcdonald's is always the best, but I think my best comfort food would be this like this vegetarian noodles that's very near my house like it's might near like my near my make up market like reho market I've been eating it since I was a child and I feel like whenever I eat that I feel better whenever like especially now when I'm working from home


whenever I feel like oh today is going to be a very busy day I would want to eat that for breakfast and I can eat that for a whole month like a whole month of breakfast I can eat it everyday cause I love it so much and it feels like , it just feels like everything will be alright or very normal like it's just a very good day if I have that for my breakfast like thats that sets my day right I feel ya and I feel it's more like taste is one thing but it's also cause of like habit or or something that I feel like it's been with me for a very long time like this food


yeah, I feel like even the stall owner knows me very well now like I have my special order so it is same like if I say my name at the store they will know what's it and they will help me customise my special order cause I want some ingredients and I don't want some ingredients


yeah they will , they will, cause my helper gets it for me sometime and like when she says my name they will just give it to her as well


think I feel like there's so many things to be thankful for especially now that when you're working from home that you are on social media so much you see the, the the the the, the state of other countries or maybe you see how other people in other countries are the problems they are facing the thing that things that they are fighting for and I feel like


I'm very thankful to be here like where that, even though it's a problem but the problem is, not as big as those countries like we have, I feel safer here lah I feel like I'm I have a safe home a safe country to be in, and that for that I'm very thankful actually and I feel like I'm very thankful for


being able to receive education uh actually there's a lot of things lah it sounds very cliche but I'm very thankful for all these things I feel like these things are things that will help me in life and I feel like, some people do not have the chance to to get what all these uh uh in another country or even in singapore and that's why I'm very thankful for that and I know that it's something that is a privilege that has been given to us


to be able to have these, ya what what are you thankful for


I think the next generation after us is also even more fortunate ya a lot of my nephews have what iphones now ipads at this at their age uh like like, five six they already playing their ipads and all that I'm like !wow! and all the toys they have


I think my most memorable one is again during my exchange but this time we went to there were three of us three girls we went to greece you know greece is quite dangerous but the three of us went there and I I I think that was the most, for now greece is like my favourite country cause of how different it is from singapore uh the amount of history it has


like like I went to santorini I got to see all the ancient relics and all that oh I loved it so much it was so beautiful and to to learn the backstory behind it uh it was it made it even more interesting it made the experience even better and santorini was such a peaceful kind like


island I went there during winter actually and there was not a lot of people, at all normally people don't go during winter but, I thought I wouldn't enjoy it at all I thought it was going to be a bad trip cause a lot of things will be closed restaurants will be closed but I loved it so much it was so quaint everything was so peaceful we just travel with not a lot of crowd it was like our (oo) getaway from everything else


and surprisingly there were a lot of singaporeans there the only tourist I ever saw there were singaporeans in the whole santorini island I feel like a lot of singaporeans like to go there during winter as well, so for me that's the most memorable travel experience what about you


so the guy is a neighbour is it


especially in thailand I feel like like I hear a lot of scary movies about thailand and all that I feel really scary as I feel really scared as well if somebody knock my window in the middle of the night


what do you hate as a kid but love but now love as an adult


ya actually I agree agree like you when I was younger I think, if I think back I think I've ever stay on the bus one or two time like I feel like a lot of the kids like to stay on the bus when they especially when is like sightseeing and all that as kids we don't really enjoy we want to stay at the bus with the other kids to like play around and all that so ya I agree


but I think what I what I what I used to not like as a kid but love now is as a kid I mean I was pretty active like I wanted to be doing things constantly playing games watching, TV doing all that but now as an adult I feel like maybe I'm getting older or something I feel like I rather sometimes I rather just lie on the bed and do nothing I feel like sometimes I need that peace and quiet of


feeling peace uh stress free and worry fee of to like be of doing anything like I just want to, like maybe read a book or just, be still for awhile I don't mind doing that for a day or two when I feel like as a kid I wouldn't have enjoyed it but now I really really really like enjoy it like I learn I learn how to appreciate that


yes father sounds very disciplined ah, that's very important I feel, I think for me who I look up to maybe I feel maybe is my cousin she's in the army right now and I feel like I if I were to choose someone I would choose her cause I feel like she hasn't had an easy life she had malo many like adversities around and she's


eventually still managed to do well in life I feel she's still doing well she still, uh doing what she likes, and I feel like for that I look up to her cause she is able to overcome whatever, like, her weaknesses and her obstacles and all ya I think that's it


part one financial related topic


uh okay I don't think uh investing and trading is similar to gambling uh I feel that they are very different cause I feel that it a it's a very big mistake to treat like investing as, gambling and anyone can be a gambler because gamblers only like require luck whereas like investors they require like experience and a great amount of research on the stock market


so uh I have quite a few friends who are actually uh currently investing now even while they are schooling and I feel that some of them they have the wrong mindset of investing they are just trying to like , test out their luck whereby they they just , uh put


put money in like uh various stocks and hope that they will get returns out of it without having prior knowledge on the actual stock market itself ya so I feel that this is a very like , big mistake that people often uh, relate to investing like


they they they often confuse investing with gambling ya so what do you think


ya I agree so speaking about investing right uh what does investing actually mean to you


for me right I I feel that investing is not just to like earn profits for yourself but rather also to help uh other other organisations like kickstart their , their as in support their business for example there's this uh avenue called like kickstarter so


it gathers like a pool of investors to, and actually fund for various uh startups lah ya so I feel like investing not only works like one way but it also helps like companies as well


so uh you are not a investor yourself right, you you mentioned earlier ya so, no I I haven't I haven't invested before yeah, so uh, if you were ever if you were to ever invest right uh do you have like any investment strategies in mind


I agree with your investment strategy of uh growth strategy uh but I feel that there's also another very important investment strategy that we can adopt which is value value investing so this uh value investment is uh you made popular by warren buffet, and uh that that the principle at behind is actually very simple which is to buy stocks which are cheaper than they should be so we should seeks uh to buy stocks which are underpriced but uh this is easier said than done because it requires a lot of research to be done


and , this also requires a lot of patience because uh, this requires the right call to be made and to so as to earn , more handsome payoffs ya and, uh I feel that when


when we use value investing with uh growth investing uh, that would be more effective as well


yes I believe in automating my investment cause uh I believe especially in the country we live in with uh so, uh with the with the high cost of living we have to earn uh passive income aside from, uh our main income that we will be earning in the future


and I feel that uh it is also very very important to start young, and I have quite a a number of friends who are already passively investing, uh currently, and a a lot of them surprisingly they do not have like any prior knowledge uh regarding investing and all of them are like they they mostly uh just learn from the internet itself and I feel that uh this is a very good mindset as well and I feel that if I were if I were to ever uh invest


start investing one day, uh I would like, seek help from them ya oh what do you think


you would consider investing with a financial adviser instead of investing on your own is it


uh for me currently I feel that, I would rather invest with a financial adviser uh because uh I I I I feel that I lack the confidence to uh invest on my own currently, uh I do not have the sufficient knowledge that I have uh regarding the stock market


and, like uh what I mentioned earlier I have quite a few friends who are financial advisers and I feel that they are quite reliable friends as well and so, uh I feel that it will not be a problem for me to approach them and I feel that it will be, I'll be able to trust them lah with their words


ya and then uh in the future when like I feel that I'm more familiar with uh this, uh industry then uh I might want to like uh venture out on my own without the help of a of financial adviser and this might help me to like


save on save the cost on the financial adviser as well


time the market it's uh buying it it it is, what's the difference ah actually


actually I agree with you I I will choose time in the market as well over timing the market, cause I feel that it's impossible to time the market uh consistently and I feel that so I feel that time time in the market is the key to like long term investment success if you are looking at short term investment success then maybe time the market would be uh will be a better option and I feel that


uh stock prices are also very unpredictable we do not know what is going to happen in the future for example like uh the COVID nineteen uh outbreak uh has led to a lot of stock decline and even if they are predictable right it will still be impossible to make money on investments uh as the market price like uh


would be calculated, uh for it's future price as its future price ya so uh it , stock prices are also like an emotional roller coaster and , or when it comes to investments right uh the company stock prices and markets will be fluctuating wildly on a daily basis and so uh if if you are a market timer right which is which your option is timing the market right then you might be tempted to sell your investment too quickly to capture a small profit


and I feel that this will be uh that this will lead to like adverse consequences and uh as opposed to like time in the market in which you will not let your emotions uh take over you and you would wait uh


wait for a longer time before you sell your uh stocks yeah


of course many businesses are losing money uh, like for example f and b I know many F&Bs now are crashing I I think uh, one f and b, a business which is currently losing money is uh starbucks


and uh, ya and many others but I feel that if you look at another perspective right uh there ares there are there are also a lot of like businesses which are picking up due to this COVID outbreak for example zoom uh for example like I I read on this article recently which is secret lab so secret lab have has actually like


make use of this COVID outbreak to actually capture a new market which is uh stay home stay home adults uh who who are working from home currently, and uh, cause secret lab uh previously they only target


uh gamers but now due to this COVID outbreak many people are working from home so they have actually uh captured this new whole new market and so their businesses their business is like, uh rising due to this COVID uh nineteen so I I guess you can see from two perspectives and


ya and you can decide on what business to invest on currently


actually I don't believe that I don't believe this statement I I believe that the stock market is , it reflects the economy, cause uh , stock prices actually I I feel that okay I I I do not have a lot of knowledge on this area but personally I feel that uh the stock prices would determine


uh a country's economic performance, uh ya what do you think


and buying low and selling high is an investment uh strategy so do you think this is good


ya I feel that it's a lot easier said than done like what you said uh and it's impossible for many of us to determine, that today, yeah uh, the ya time's up right okay


part three negative experiences


I often worry about like not, not being good good enough, for in whatever I do lah and I think it sounds very cliche but uh in fact, this is very true lah for me uh for example like in my internship uh during my polytechnic internship


uh, I often had this worry and I had I had a lack of confidence to like , meet the expectations and uh meet the expectations from my supervisor so I feel that, I feel that this is the number one thing that is holding me back


uh from like whatever goals that I want to achieve in life as well and I feel that is a very uh negative negative thing that I want to, get rid of yeah, and ya even


even this even like applies to my soccer as well, I feel that uh I will always compare to my I compare myself with like, the other better players in the team and I would often worry like uh worry about like not living up to my coach expectations not performing the best I I could ya so I feel that uh if I would


if I were to get rid of all these negative thoughts then it will definitely be better lah, ya for me what about you


I don't really have a particular saddest moment but I feel like one of my sad moments one one of the sad moments in my life would be, uh not, not passing my piano, grade three examination and, uh because uh my parents spend a lot of money on it and they would always like uh remind us to remind us that uh we have to put in uh I've to put in the uh effort to


actually practice everyday lah I I did so, but I didn't manage to uh pass the grade three examination and I remember that that was the same year as my uh PSLE and so when I did not pass I uh uh I I dropped uh piano completely cause I have to


focus on my PSLE I didn't continue it after uh uh immediately after ya so I feel that that was one of the one of my most biggest regrets in my life because piano has been something that uh I've always wanted to to master lah uh until like uh I get a diploma in it


uh but I feel that now it's also very hard to continue because of the other commitments that I mean right now and ya and so, but then with that said right I I feel that uh if I have kids in the future I will also uh like


encourage them to learn piano because I feel that it's a very good skill and uh, you would be able to like learn uh uh you will be able to uh earn additional income from it uh in the, future as well like giving piano tuition


so is there anything that makes you stressed


uh so I'm a person who, who only get stressed when like the deadline is nearing for example like uh during poly our projects right uh I would like wait until like the the last week before the project deadline then I will like work on the project itself I feel that


uh it's it's not good as well because uh it's always better to start early and uh most of my group mates who actually want to start early but uh then I'll be the ones uh telling them like to relax cause like the project is like we still have time for the project we will always still have time for the project but I feel that this is a a very bad mindset to adopt


uh, but I feel that I work better when I'm stressed as well, ya so, uh uh I feel that , this this can be like a good and bad thing lah but, uh


ya I feel that it is it's always better to start early lah ya and I would try to improve on it and uh the other other thing that makes me stressed is, like, seeing other people achieve, uh more than me, so for example


most of my friends like I mentioned earlier they are already like, top financial advisers like they they have like already achieved like MDRTs and then uh I would, often I compare myself with them, and, uh I will feel like stressed like why am I not like


on par with them even though we are of the same age and like, I will often feel inferior and I often worry about , little things lah like , ya I will feel insecure ya and then


uh, ya so these are one of the many things that makes me stressed as well


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


for me the most hurtful words that uh I ever received from someone was, uh we were we were playing a soccer match when when we were in primary school, and then uh I I made a mistake I score our own goal uh, for for my team ya so uh one of my teammate got really angry and the the thing he said to me was that he asked me if I know if I knew how to play soccer


ya I feel like that was very insulting and uh I didn't confront him because like I was still very young ya I was just very taken aback and then, for me scoring our own goal like in soccer scoring our own goal is a is quite a very it it it's quite embarrassing cause you are helping the other team score


and then uh, it hit me so hard that I wanted to take MC the next day, ya cause I was too ashamed to like won't go to school, back in primary school lah ya , but then that that motivated me to like work harder


as well ya and so, ya I work even harder in secondary school uh in terms of soccer and , ya but I will still always remember the those words that was said to my team said by my teammate which which was like asking me if I knew how to play soccer yeah


so that that really stuck in my mind until now


uh describe a time where you feel that nothing you do is good enough


uh there was one time in during my poly internship whereby I felt that nothing to do nothing I did was good enough cause I was often like compared to my other intern uh who was a girl so uh that the task that my supervisor give to us was quite similar which is which was to design powerpoint slides for


his presentation ya so, uh personally I'm uh uh I didn't really had much experience designing powerpoint slides my powerpoint slides will always be very simple whereas for her she would, uh design the slides to be more aesthetically pleasing


ya so , my supervisor always compare me to her like he always like uh tell me tell me casually that I should like learn from her and I will just take it, uh I I will just like take it and I will accept it, but there was one


breaking point whereby he actually told another colleague that, I'm not as good as the other intern ya so I only came to know about it when, the other colleague told me about it during lunch ya so uh I I really felt uh very depressed back then I felt that like


I've already like tried my best to like , design the powerpoint slides even though I have no like experience in it uh before ya and then like, I, I would rather him tell me by tell me himself that uh I'm not as good as her than rather than him passing on the message to another


to another colleague lah which was not very nice of him, ya and I remember that day after lunch I I broke down in , one of the toilet cubicles, yeah so , I felt that it was


, ya it was a not a very nice moment in my life , then ya and uh, but right now we are we are cool lah like me and my supervisor like I I spoke to him about it, and


ya he told me he realised that uh designing powerpoint slides was not really my forte so his he switch my like job scope, to to like uh uh, other things lah yeah yeah so


(hmm) ya that's true


what about you


uh part two positive experiences, okay uh, so taylor


what was the happiest moment in your life


okay the happiest moment in my life is uh winning a football competition with my secondary school team, uh I uh, soccer has always been my passion since I was young and this has always been a goal of mine to , to win more and more trophies and I feel that the reason why I say the happiest moment in my life is with my secondary school team and not my uh other teams is because I feel that I'm the most


tight knitted with my secondary school team uh we will hang out uh everyday after school and I feel that , this uh this camaraderie and chemistry between us has really led us to perform, better on the pitch as well and when uh when we won the finals in the competition uh it was really a a very happy moment for me lah ya I I I've no other words to describe that moment and uh


uh we we all had like our parents with us all have our families with family members with us and friends, and I feel that that was a a moment that I could never forget in my life ya


I I feel that the best birthday gift, uh and I'm quite embarrassed to say this but it was is is a teddy bear which I received uh when I was very young when I was like uh primary one ya uh, even until now I still keep the teddy bear and I feel that uh that teddy that teddy bear was actually given uh to me by my mum uh I'm a triplet and so my mum only give uh me that teddy bear


on the on that day because uh my sisters were away uh were not with us at that moment, ya so uh , that teddy bear actually was with me uh through ups and downs lah ya cause I'm quite a introvert so uh when I when I feel like lonely at times I would actually talk to my teddy I don't I don't do that now but uh when I was in primary school I will do that quite often ya so I feel that the teddy bear really means a lot to me


uh despite it just being a teddy bear and uh ya I will definitely keep it for the longest time for the longest time possible


okay so cash right will you will you give like cash to your friends for their birthday gifts as well


like like you I will see like what what kind of friends I'm giving to lah if if it's like the closer friends then uh I will give cash cause I also don't know like what what to get them but I feel that giving cash is also quite insincere to a certain extent


I feel that giving gifts are more uh sincere lah, and uh ya lah especially for like twenty first birthday parties I feel that this kind of like age right I I feel like uh cash would not be a good option as well ya so ya because cash is like disposable and you cannot keep you you won't be able to like keep that


particular cash with you uh ya so I'm kind a sentimental person and I feel that giving gifts are still more like are are still better lah for me


I I do not want to receive cash like only, ya so, ya ya cash plus a physical gift


uh (oo) , uh for me I think, it definitely is mcspicy uh I I love mcdonald's since young and uh I feel that uh


and mcspicy is just very specific to singapore you wouldn't be able to get it uh in other countries and I'm a person to who like spicy food as well as fried chicken so I feel that that is the perfect combination to go to and uh even when I was in NS uh during my field camp the number one food that I was craving


when I was when I got back to singapore right from Pulau-Tekong was mcspicy ya so I feel that , and and people people and there are many friends who like try to bring me to like exotic burger places uh and then they they they they keep persuading they they keep


telling me that those burgers are definitely better than mcspicy lah but I still wouldn't find them as good as mcspicy when you compare it to like the price points, I feel like mcspicy is very value for money and it is convenient lah it's convenient to get everywhere ya it's perfect on a rainy days perfect on uh any any day ya so uh definitely uh hands down mcspicy will be the


uh number one comfort food for me ya so what's yours


oh so if I if I say your name when I visit the stall they will also give me your exact order is it, oh okay


or maybe they should make a menu, with your name on it lah ya ah, okay okay that's cool and so , uh what are you thankful for in life


uh for me I feel that I'm just thankful for being, uh for living in in this , century lah cause I feel that, when compared to uh my grandma for example they have to they have to live past the japanese occupation they have to they have to live past like


they they they were very poor lah last time and then last time when it it when they were young they also did not have like the basic necessities like they were there were only rice with uh sweet potato ya that that is how bad it was ya and then


, there was also no technology back then so, I I really don't know what they do in their free time lah so I feel very fortunate to be living in this this age ya where where I have every where I have everything lah like for example


now you can see toddlers even toddlers are playing with ipads now ya so I feel that uh, ya they are they are also very fortunate lah


ya it's insane lah actually I I, I would rather play with toys I would I would rather , not lose that physical touch with toys ya instead of just like playing online


ya I feel that is very unhealthy as well, when you are when you are young you need to like be active, and run around and get injured so you will know the difficulties in in life, ya , okay so uh


, describe one of your most memorable travel experiences


for me uh it was during my recent trip to Bangkok with my friends uh, we were staying in this airbnb uh in Bangkok uh in in located in the local local area lah so we were the only tourists there living among


all the locals ya it was like a terrace area terrace house area and then , uh we were drinking at night and we were making a lot of noise in in the in our apartment lah and then suddenly we hear like this sound called like tuk tuk tuk so we we we don't know what's that we thought is the fan making the noise so we ignored it


and then after a while it it got even like louder and then it got even , ya it it was even more, uh ya it got even louder okay and then uh we decided to like check it out lah check the sound out so we we we looked out the window


cause the the sound was approaching from the window so we looked out the window and we actually saw a a man throwing logs at our window, so, uh we were very scared lah cause we thought like the the man was trying to pick a fight with us, and then for being too noisy so we we we went down but then the the man was just telling us that we were making too much noise


and then, uh he told us to keep our volume down lah and the scary thing was he was already like uh right outside our doorstep so he already like open the gate to our terrace house and he were he actually wanted to come up but luckily our main door was locked, ya so I I think if he if he came up right to our to our to wherever we were uh partying at right !wah! we will freak out I will freak out man


ya and ya so that was very memorable lah, ya the guy was a neighbor


ya ya so like subsequent nights like we we really like, uh we didn't dare to make any noise anymore, yeah, ya but it was very it was a very uh fun experience I guess like we we we we didn't expect this at all


for me I think is travelling eh like, okay so when when I was a kid right I uh I I always hate travelling right where my parents told me like they they they they booked a trip to, Genting for example I will like dread going on it cause uh, travelling as a kid and travelling as an adult is very different travelling as a kid you have to like


follow your, parents wherever they go and normally I'll feel very bored lah every time when I travel with them right I would look forward to, going back to my hotel at night, ya so uh cause eh not not because I enjoy the company with them but because like


I don't like going to the places that they go like for example they they would they are they are more of the scenery type of person and I I don't enjoy sceneries as much as they do, and so like for example uh in bus rides I would rather like stay in the bus than like tour groups right I would rather stay in the bus than go out with them to to to like take pictures ya but uh travelling as an adult is very different cause you get to travel with your friends and you get to do actually do things that uh you want to do


yeah and so, ya so so growing up I I I changed my mindset mindset on travelling and I grew to love travelling more lah


when you grow up a lot of thing change, uh who in your life do you look up to most and why


K uh maybe I share mine first uh I feel that uh mine will be my father because uh I feel that I have been looking up to him since young uh, the reason why I look up to him is because he's very passionate in whatever he do and he's very is he's a very hardworking person and he's a very motivational person as well whenever I was like when I was in army right and I couldn't like


uh I was very depressed during field camp uh or like when I was very, depressed in army during my army days he will often like send messages to me to cheer me up and then I feel that his, his like, his desire to exercise is also


very admirable like uh he has work from nine to six right but he will wake up every morning he will exercise twice a day so he wake up every morning to exercise, once he will run five kilometer , uh everyday before he works and then after work he would run another five kilometer ya so I feel that this uh drive and


, eh how are you man, good good good so what have you been doing, oh you have for run ah


ya not working today, tomorrow, oh sorry , oh uh, okay okay and so err how's your investment any investment ideas


(mmhmm) (mmhmm), not much ah I tried to do some stocks the other day


but got frightened out of it but err ya err, I started out like about about two months back, where the height of the circuit breaker when you are at home and doing nothing so


ya I try I was on this err Saxo TraderGO go platform you heard about it, oh oh good good ya so I was doing that uh, trading mostly on CFDs err contracts of difference ya cannot really explain the the gist of it that the details but the gist of it is that I'm just I don't own the stocks I don't own what I buy


err but I, uh whatever gain, I get is err the profit I get the profits out of it, ya so basically I'm just borrowing someone else's money to to get the stock and then when that when that stock increases I get it


ya but of course when the stock decreases I also received the negative lah


(hmm)


right right okay, [orh] so equities is the the long run right


ah okay okay so so you're holding your holding equities of twelve dollars, at for the the, for the the norwegian right, is today, it's at thirty dollars now right


in the red zone ah, oh okay lah [orh] it's still at thirteen fourteen right now ah


it's pretty volatile right I mean like I keep seeing Zoom for example going down and up down and up, so, ya I mean I was reading up about stocks about the market like how do I predict the movement, and it's very hard to


to really second guess the movement you know especially when you're doing like a day trading, you you ya, so I feel that where, ya we I mean uh the gist of it is that we don't have a giant crystal ball


to predict the movement and to time it right lah, so so I think more the safer is that it the safer way is then going long for it lah


actually actually I was thinking of doing day trading you know just to err I was inspired by one of my trading friends he mentioned that you know for just if you day trade you time it right for twenty minutes you're done for the day already and that's your you know ya so I was thinking of doing that I mean that that's quite of a a viable strategy for me


you know you just need you time it right, but then again the more I read into timing it right having no crystal ball, err it's it's really like gambling to be honest


for for my portfolio I try to I was I wanted to, go for , pharmaceutical companies, because err that's the spotlight, everyone is looking at, a pharmaceutical companies to to get the


err the, the vaccine out so I was looking reading into some of the, companies I think one of the early companies that got a the the license to to give out the trials, was I think it was err


ya gilead ya so so I was banging on gilead but I I I guess I didn't, err I bought the wrong err product I should have bought equities for gilead instead, ya so I I thought that okay maybe gilead's stocks will go up for that day after they announced but it didn't lah


ya so that was that was quite, actually it was it it was I think it was just thirty dollars, ya it wasn't that bad I think thirty or forty dollars it didn't reach hundred definitely


ya so after they announced, I mean you you you imagine that okay uh when you announced something big and then it it will go up and down right, you know so I I didn't know how long must I wait or how long will the transition of big announcement to stocks going up and down


ya, so it's either that or whatever they announced it was, too err unbelievable that you know people don't want to buy into the company you get it ya ya, so ya but I didn't buy too much think I bought about like err like


I think about a hundred units and then I didn't I saw very little gain in it so I just sold it off, ya how much how much how many units your how much do you really put into your


that's right ya I saw that too !wah! that was crazy, ya, (ppc)


ya correct data entry will definitely move err I think every company is you know looking into, digitizing their workflow and all, especially my company , but I heard that the the travel industry will likely only recover


I mean definitely after the vaccine comes out but not exactly right after they are looking maybe about four years from now, ya so it's it's it's quiet scary if you ask me you know but I guess it's the it's the best time to buy equities now right because it's the cheapest for them


the american market or the singapore market


correct correct yup (ppc)


oh do do you I mean personally before before I read into before I got, the circuit breaker lah to be honest you know I rather have someone who is specially trained in financial services to handle err market movement to handle investments because I mean I mean yes I do have to pay him a little fee but


I mean he handles everything he takes the risk and I pay him to take the risk and he assesses the risks and then he puts where the money is supposed to be and he can give me a forecast you know so I prefer that kind of services, but right now I mean now I'm split into two


but after dabbling with my own I guess it's a lot of reading up to to do, right, ya so I mean I'm not financially trained as much, err most of my most of my training comes from YouTube


ya but you must hold it for ten years right, ya, I think the the more I look at investments it's , , remember I said that uh I was thinking of doing a day trading you know


because uh it's quite a viable strategy but then the more I look into it it's more of a I guess because it's a new it's a new environment it's a new, form new thing for my mind to to adapt it's it it it sounds much more much more dangerous to to handled on your own but definitely will take time for you to


to train up and and do this and do that, ya, do you do you ever think that you you will be a day trader I mean if let's say you have a chance to be a day trader you go through a training would you want to be a day trader


I mean if if you are playing the ya if you are playing the err US market lah


but I think recently also there's a lot of uh you know that a lot of I guess start ups a lot of companies are


oh what's that oh but I was talking about robo advisers you see, err robo advisors where all your investment err it's not through a person it's through an app, through a website, so the I guess the, I'm not sure whether the back end whereas uh artificial intelligence there's computational


err, you know programmes that are doing the investments for you but, I think this is a, ya it's a very very approachable thing for, someone my age to just, err someone our age to to give it a try


you know, but I do not know whether especially when you know when you come out of, you you're not financially trained you do not know what's gonna happen you cannot trust your financial advisor because he's been leaching out from you for the past ten years , ya ya, so it it seems like a best app but


I do not know I I still don't want to advise people to go into investments because, they might fall trapped into it, in their I think the idea is that oh investment get rich you know but high risk, <B>


ya, any any other companies or any other tips that you want to share with me, ya definitely man ya


!aiya! I'm also on StashAway, ah ya correct that's right


ya it's regulated by MAS also right, it's so very easy to just because


in an app when they when their their app design is very very fluid so when when you look at your your app right you have a lot of information sometimes it confuses you but you the it it gives you a little bit of #syiok#ness you know when you realised eh it's making some money and you give more trust to it


ya I think that's why people are still doing investments on their own or getting people getting a human physical human to to do their investments, ya but but


uh okay, serious what okay okay you start you start the ball rolling


two biggest worries right now , biggest worry, I think, me right now my biggest worry is being financially stable, <B>


being how can I, can I be, of better use to the people around me or to my society, rather than just a labourer


ya that's my biggest one the second thing is , I think to be much more exact it's about financial stability, ya so these are the two things right off on top of my head, financial stability is on everyone's mind you see


especially when you know money talks, right in where, our I grew up to believe that, the more you work the more effort you put in, the more, err rewards or money you get back


but after working in, in my industry for about six years that's not the way, you know that's not the way err I mean it's not, exclusive to my industry so it happens all around you know you definitely see some of your new colleagues you know all of the sudden you see him shoot up


for whatever reason and then you you or you see someone else doing better than you even though you're doing the same amount of effort you know, so, I think we can uh as a whole hub, can lump sum it as oh this is life you know


it's what happens in life ya but we when we grew up we grew up we grew up to believe especially in singapore we grew up to believe that the effort you you can as long as you put in effort you know the the meaning of meritocracy right either as long as you put in effort you will be rewarded, ya the merits you put in okay will be


err what the the seeds that you sow, you know, so but as I get older and older it's that's not the way you see, and and that's really err very frightening you know very very, unnerving


that is happening right now and if it's happening at, my age imagine if I have kids what would they feel you see, ya and it links back to my first err but how, can I be a better human being in where I live right how can I give back to society right


we all think obviously [orh] give back to society [orh] we volunteer we donate, but there's more to then just giving, materialistic assets you know, there's something else that you have to give and I think everyone is trying to find, that reason find that meaning and I just haven't find mine lah


I mean when you when you want to define meritocracy right it's or when you want or when you want to define meritocracy it's like, you want to quantify something that's intangible, so


to to briefly say that, meritocracy will work on some people and, and might not work on another set of people another set of group of people, , why it's happening that way, there could be a multitude of reasons


alright but, like darwin's law is a survival of the fittest you see, alright, there's a reason why this system will not work out for you because if it doesn't work out for you it would you means that you cannot survive in the long run in this system


so if you want to survive, I mean logically speaking you have to get out of the system, you know, so that's where the discussion of of when you see singaporeans migrate out, there there has been some topic it's it's there has been some discussion you know oh


err why would you know if singapore is such a pleasant country one of the top few countries in in the world why are people migrating away from singapore, you see there's a there's a particular reason why ya so, it's it's sad sadly to say that you know


there's there's not there's there's no foolproof , err what do you call that there's no foolproof solution, you know for for, for to run a country for the the people that live inside


but err, ya it's just it's just sucks to be to be alive at this time where so many complicated things are happening


yup (ppc)


they look at achievements and what not ya but that's because when you talk about human interaction ah there's always this human biasness you know that you know you you can develop a programme and AI you know to to say okay err this I give you five hundred resumes, the AI will sieve through okay looking at his work experience his achievements his err


his where he lives where err where which school he went to, which CCA he can do this all these computation and say okay this person, here is the best person AI can do that you can programme to do that but, there's always a human biasness you see there's always this little part right where someone say eh I need to to see how he talk I need to see how he interact with another human being


that will determine whether he can work in my team, or it could be you know, err I have a human biasness I, don't look at, I don't look at achievements at all, and and like what you said I use someone else's recommendation


so because there's this variability in in life in for example job hunting right, so it's always an unfair advantage I mean there are there are a lot of policies that the government agencies are doing to flatten the curve, you know to make it a level playing field but


there is always an unfair advantage, and and that is the life factor you know that is so uncertain


it's a it's when definitely when you do that, when you do the err when you're going that route right it's gonna be very challenging I mean then again with life is not challenging then what's the point of life, ya so


err I just feel that it's very sad lah I know when err, err, when you want to err when you want to when you know that you have a problem and when and you do your due diligence and you find out okay the solution is as such and when you try to attempt to use that solution it someone is in front of you saying oh you cannot use the solution


I say why oh because the system rejects your solution, ya so it's very err demeaning to your life it's very ah you you you feel you feel withdrawn you see you feel that oh I can't do anything about this why, you know but at the same time


you know we are made to believe that you know if you put in the effort, you you can, you know achieve, so it's like the your whole life have been lied to


right ya so, that's when, true true that's when you are pushed to the brink of, your survivability you see


there's also a factor of, how , when when you are when you are approached by a challenge right, and it it challenges your, your existence for example you'll do everything you can to survive


you know that is completely true and, , you do everything that you can but if you've, when but when you realised that whatever you doing right, it gets harder and harder not because of, it gets harder and harder because someone else is suppressing you right


that's where you start to reflect and say !hey! err this is not correct no this is ya so I think some people are experiencing this, you know they tried their best to survive and survive, and to get out of that cycle


and then but they're still stuck in it and then because they feel that there's whatever they do they're still in a cycle and they cannot do anything, about it so, but I mean I I have to, err give credit where it's due already as as we even though we are in a safer environment


you know with all talk about millennials you know the strawberry generation, but what what come what they, what it complements what they lack right you know, they compensate it with, the open mindset the err the


creative problem err problem solving when it comes to a challenge they are able to you know have multiple mindsets and approach it in a way where, they can enhance their survivability, right so ya I mean we we always we always talk bad things about we always say that !wah! this junior


you know when when you are when you're regimental when your in NS right !wah! this junior is lousy lah you know not like my time my time ah Kena this Kena that but , but that that's the way it is you see that's the way it is that they always have this issue err we always like to compare things but ah the more important thing is that you know


err, as a human being when our existence is threatened, we will always choose to survive


ya and it's very sad to see that these people who are not resilient enough they fall through the cracks, and they just get left behind in society


ya I mean we uh our generation is you know we we have that opportunity to re-learn and become better but you're looking at people like in the sixties who lost their jobs who who cannot do anything right or whoever remember there's this Amah that he was cleaning who who he is uh seventy nine years old


travels to the west side to just get a job in cleaning a low pay job ya so, these are the people that fall through the cracks


correct ya I I think it it it also goes back to the point where you know, , you yours yours, I think bad financial decisions are the bane of of of your current your status in life really really, ya so ya but


our general and definitely when our generation comes about right, people our age right, we have that education, prowess to decide you know should I spend on a pack of cigarettes now or keep it so I can have three more lunches, right ya so we we have that


err capability, and capacity to decide you know, but err, so that we also must acknowledge that there are as a group of people who don't have that capability or capacity for whatever reasons unknown, is it maybe they are illiterate maybe they are lacking something or maybe there are didn't have the opportunity I mean if you ask me right eh


if I have not been opportunistic in my job hunting right I wouldn't be, I wouldn't be you know sitting here you know, relaxed and and you know taking things in slowly, I'll be panicking you know


ya I'll be I'll be really be panicking, err but I I and and I I knew I had to, I had to, I know I had to survive so that's why I had to you know take some shortcut do what it takes you know to survive


you know it's it's some people don't feel it's the right thing, you know, you know to to do this, but, but if you're talking about surviving right, okay you have and you do what it and and especially when you do whatever it takes to survive right


I think it warrants it warrants your action it does right ya right ya, ya it's like robin hood the story of robin hood bro really really


if you consider it you know you steal from the rich stealing is bad but he steal he stole from the rich but he gave back to the poor and it's a story that we still tell to the young kids you know, a story of err you know, what during my time ah I don't know about about your time but ya you know


they they should I mean it's a story about err you know honour you know about doing thing doing the right things you know


correct correct so we should have like a like the purge in the movie right, right so , no humour no humour no no humour ya destroy all the armour, I


ya I guess I guess that's where you know, err fascist's germany excelled


okay, !hey!, oh latest travel experience actually ah I'm a I'm I'm a I'm


uh I likes I just like small things I just like the small experiences so like going home safely is my positive experience lah to be honest, the last time I travelled was what, last year like ah ya late last year I went to


I went to vietnam, err that's a negative <B>


it's not a winter country but it's a it's a it's a chilly country you know it's near the mountain so it's it's always cold, so and then we climbed a mountain, err there's this mountain in Sapa where, most of the pilgrims will follow up


go up there, uh I we took about and about two hours just travel up it is proper footing and nearby but it still takes a long time, but then, , my it was a positive experience because four of us we we were when we go up there one of us had (uh was having was a prior asthma case so he was having a lot of trouble going up and then


we have to push him on there was so many times when he said like eh bro I want to stop I want to go down I want to go down but I said but you're halfway there already I mean we keep saying halfway lah but actually it was only a quarter ya, so I guess, the biggest thing about that trip was that we kept pushing on we do not know where's the end


that's one err the second thing it was the whole the whole feeling of, err putting yourself at the edge, you know knowing that okay you know I do not know whether I can survive this, alright, it was it was quite a a a surreal experience and I really liked it I really liked it I really like to take the risk you know know my risk


grab it by the neck and then throw it out the window and then conquer it, ya, it just a re-enlightened me to err because our friend our alvin right he wanted to go to mount everest base camp, ya so I wanted to ya I wanted to do that you know


bro, ya but well COVID you know, probably not so soon lah, ya what about you man


ya ya ya right right this year january right


ah ya ya eh congrats bro, sometimes you got to unleash yourself right you know


dangerous stuff ah , , parachuting


ya ya ya right right right, ah ya lah true true


you will laugh at me and then at the same time you will help me out right, what laugh first oh my goodness , I guess you are right you know uh most of my positive experiences is mostly with err all my guy friends you know I think it's also I think a huge chunk of it is mostly about the random times uh ad hoc times that we decide eh let's go and do this together


like very randomly like err like maybe after class eh let's go eat KFC together and then it will lead to something else and something else it's like a mini hangover but you know less less adventurous ya mini hangover I guess that's the fun part lah I think


I mean that's life in general right you do not know what's happening next you have to just take it at your stride [loh]


that's not a very positive experience you know, you know ah


!aiyo!


, right your your your phone is not that old right, no how old is your phone actually


[ah} it's only like six months, , I'm pretty sure you're you're you're not the Android phone that crashed right during the interviews


other Android phone ya see


okay as long as your voice memo is recording lah, eh sure man okay what are your plans you must tell me what are your plans


yup (mmhmm), taiwan, ya actually ya we've been talking about taiwan you know err I think we we tried to bring taiwan into the planning right quite a few times ya ya


chicken ya I tell you I think when you bring me you, you have to feed me bro simple as that, ya ya, angel chicken oh you better be angelic to my mouth bro really really what's that


ya !wow!, what's the happiest food that you eat you know what's the like go to food that when you're sad and eat !wah! instant happiness, ya, fried chicken yes that's right bro fried chicken when you're sad I remember when I after I I I failed one of the riding lesson


because you know in class two B right, I failed like three or two times in a row I was like oh my goodness I can't believe it you know I I thought I got it in the bag some more and some more I I beat I did revision so I thought okay I'm gonna be fine for this time around but I still failed I I still failed l I couldn't believe it you know


I was really down ya I still failed so I thought like you know of course you do the reflection thing err !hey! oh what did I do wrong and everything what if and what not, and then, well I I I was on the way home you know what's the


err after I alighted my bus you know the first thing I smelled, I smelled KFC bro as simple as that KFC, KFC KFC really drew me in and say let it go, Zul


ya so err had my KFC and I was like three times happier, you know, chicken ya three times happier you know, food really really makes us changes the mood, alright alright


any err if it's if it's not food what else will make you happy, ya


so so buying I think sleeping ya sleeping does makes you feel it re energizes you it makes you feel refreshed, err I also feel that sleeping buys you time delays your pain , right


ya definitely when you you know when you are exhausted from that moment in life right, to give yourself much more uh more energy will give you a better handling of the situation totally agree with you man I like to


what do you call that I like to cause I do rock climbing right so I like to, do lead climbing which is where you don't have the protection device, and then accidentally fall off


alright I like that moment of free fall you see, I really like that ya I love, , eh you got to okay okay first thing first okay you have my equipment, alright okay


okay where where is the rope that we bought together, what is it in the toilet, , toilet right so err ya I


no I no the the, to be honest I was the first person right that got the license to lead climb, okay alright, and then okay okay okay now I don't do much of lead climb because because


I have a motorbike and and I mean, ya I so most of the nights when I feel stressed all right I just ride my bike just go around singapore I'll go to I'll go to <B>, then Yishun dam


then I come back down to #potong pasir#, you know I do that loop ya I'll do that kind of loop so that you know I mean just to to heat up, heat up the, the motorbike you know when it is stationary and it's cold


even more dangerous when you are holding my rope


ya steady lah ya we should actually our friend uh herman wanted to climb today, ya ya I didn't reply him lah to be honest, , ah ya ya ya I think I think it's quite positive that you were talking about him ya ya I think


we wanted to unwind and relax right bro, ya ya dinner ya definitely man I I send you a link right about the #lok lok#, ya ya click it right every time we go JB isn't it fun


every ya ya I think every every week ya I think you're right every week we go to we go at night no the the best thing is that we'll just say see you in one hour time and then we'll be eh like, and no on the highway on the expressway on on a radio chat and then we just like err talk talk our way through there you know


ya correct ya for a full body massage ya that's quite worth it, ya yup yup yup, it's a it's the simple simple simple pleasures lah right simple pleasures of life right


you just go there you eat you know nothing to trouble you no boss to report to, you know but ya lah, I do lah I mean I'm just a phone call away they they they can call me, but whether I answer is another thing right


no but you have to understand that I sacrificed I would rather spend time I want to spend time with you I took the risk to spend time with you okay this is my, ah I wanted to you know I I I I prioritize you know being happy with you guys than being happy at work


right or not you know I'm still I'm still happy at work right but it's just that I'm I'm happy with you guys you know going out having fun, err you know err eating together talking about life you know, ya I mean work is work I mean they can throw you anytime


right it's not forever, ya, so you you don't we don't need it right I mean I remember you talked to me you wanted to be a the the one job that you like let's say you I I think you told me that you if you have no other job to get right that one job that you want right is to become an ice cream man right or not


right ya so, so where do we we are still finding, err trying to get foot of our career and then uh making sure our diplomas are ideal for a future jobs you wanted to be a ice cream man so I'm like okay


I mean it's not wrong lah it's just , I think it's a very simple thing and I think that's very err very honest and very honourable, you know, for a simple things in life, but nowadays I think things are getting much more complicated


uh especially our personal lives it's it's very hard to imagine this kind of, err simple pleasures, right , ya that's a huge responsibility man, you know but


when's my turn oh !wah! I'm already married, uh, you know I'm married to my motorbike , , , can can can we can we like copy this and send to send to stef,


!oho! great very good very good , no I think marriage is a very good step okay to enter in next phase of life but the issue is that there's a you know the modernisation of society and how our cultural singapore cultural plays plays a part right it's very


it's very financially straining to be honest you know and then there's a lot of society societal pressure, you know that that you have to, sort of adhere to because if you don't adhere you stick out like a sore thumb


and then all of a sudden you don't get most of the subsidies, you don't qualify for the subsidies, and then you get mocked by the people around you, or rather you don't get what you get judged silently judged is the worst thing getting silently judged and then all these emotional barrier all these clouds your mind right and no simple JB trip can you know and no simple sleep session can


you know ease you into a recharged state, ya it's a huge, that's right correct ya and you definitely chose the right, partner so don't worry, alright


but life is, I think it's really due to our environment, really really ya, I mean I have I don't have a lot of case studies but


oh okay I have about I have about like I can count like ten couples in my circle of friends so, I have one that had a very bad experience where both of them were not working, err and that alone contributed to their financial strain


ya, for whatever reason both of them were not working lah okay lah, err no no the the adults same age as us., yup so, so and then but they also had a very strong principle in a way where their principle in life is that you know


err #c'est la vie# you know that is life you know just err do whatever I can you know this is life I just take it err along with my stride you know just easy easy peasy you know this kind of stuff so, I mean it if you look at err if you look from the US standpoint like oh it's very what's that word ah


very one with nature, am I am I describing it right ya very very peaceful, it's like a ya but now, in singapore you cannot be peaceful you cannot be the guy who a tree who is a tree hugger or vegetarian for example


right because in society for if if you stick out like a sore thumb you're gonna feel a little bit more resistance than usual and if you can stomach the resistance if you can ride through that wave, then kudos to you you know you'll be a very


err you are leading the example but not everybody can do that


ya ya ya true true, simple ones you know, correct correct true true right right ya


ya I mean I I I, I agree with you you know the idea of marriage or the idea of pooling resources together, is is I, I totally agree with you but I just don't agree with the idea of how society defines marriage like oh it must be your next phase of life also I am know so I know a lot of people who are


you know they they they just get married because oh that's the next best thing to do lor, that's their answer you know you know oh oh that's this is but the next best thing to do right now is to get married lor, you know, so then in my head like so your partner is


ya it feels like it it feels like that you see but it's it's very sad lah,


alright alright definitely definitely ya totally agree with you oh it depends I guess okay


hi good good, K lah this morning went for a <B>


ya right dude I was like, , K so far there are a few that I'm doing right now the, strategy I am using is


mostly through the shares on the platform, ya what about you, uh huh


ya eh same one I'm using, (mmhmm) okay right okay okay


I'm using the same platform also I think for the start, I also started somewhere around the same time as you, so I was also doing CFDs that was during the period where COVID was hitting, so the


the the shares were dropping so, when I was doing that I wanted to, short sell, so because if you were to buy equities right you can't go for the opposite direction, so CFDs was the only


position lah you could you could go in the err downwards so, ya so when it, roughly hit the bottom then I started to change my strategy to, go into equities instead, ya


ya the err ya I would I would say so, so, yup so rough now I'm holding on to, to, a few hundred units of err, norwegian cruise because the cruise industry were hit very bad right so I short sell on that quite a fair bit


then when it hit the bottom and I, I it was roughly about, twelve dollars then I started to buy into equities already


so along the way ya what, no lah , with when it went from twelve dollars it went up to roughly about twenty six dollars then it started to go back down again so thankfully right I bought equities if not right now would be with minus a few K already ya ya ya so so so lucky I went into equities


ya so now it's roughly hovering around thirteen fourteen dollars somewhere there ya, ya but like give it I'll probably say this particular portfolio of the norwegian probably hold it in for a


give it about a year or two ya then it will start to slowly rise ah but I intend to keep this for the long run ah, ya, ya lor so so this is the current strategy lah then of course with the COVID right we have a lot of Zoom meetings a lot of even this one


right so I'm, slowly starting to go <B>, ya so cause tech stocks have been going up, quite off err it it is really the future lah but, we are going in there slowly [loh] ya so ya


that is true lah


that's why I (uh huh)


ya I would say so but even if you go long it's important to also understand that err, we got to cause there's technical analysis then there's qualitative analysis right so, technical part is where you kind of aim and time the market the qualitative part is is the part where you start to look into the board of directors the CEO what's their track record so if this is good right then


you can sort of time it in that sense but gradually it still go up goes up lah so if you look at things like Apple Facebook, Amazon, Zoom these are the kind of tech stocks that are, generally doing well they may drop up and down a little but like the general trend is still upwards ya so that would be roughly where your equities if you were to hit them up would be somewhere there lah


ya, ya that's true lah


ah ya because you're timing it right right you can you can time a company that's kind of messed up in its err in its figures also that's still timing it ya but that will be risky ah


, gilead


how how much was gilead at at that point of time


ah,


okay okay okay possible possible, okay, okay okay


I guess err , well I'm I'm like, I'm working for a paycheck you see so this is more like a I would say as probably you would say a side hustle then, ya so, it really depends on, how you wanna do it like okay so if you buy into the bigger companies which is like the blue chip one right so you have things like Amazon


you can even buy things like Tesla so when you first saw Tesla it was at four hundred USD but then, lately it was like thousand five, ya ya ya ya so they are doing pretty well, ya so, here comes the trade off lor so if you put


one thousand five hundred USD worth of money into the Saxo right you can technically buy one, Tesla share, which over a period of time your gains may be, quite little also lah because it moves quite slowly or you could go into a smaller cap company


and then you, buy more of those units and technically there are more gains lah so, it really depends how, you strategize or you, you put different eggs into the basket [loh] so for me the bigger cap companies I will limit myself to like maybe two or three shares cause it's really expensive right


then the, cheaper companies like maybe norwegian cause it's quite affordable it's ten, twelve USD per per share, one shot I can buy like probably about a few hundred units currently I'm pulling only about like, five hundred units I think, ya five hundred units ya


so so it's a it's a mixture lah I wouldn't say all into small because end of the day norwegian is still a, service industry related which means if the COVID still doesn't go get any better right it won't really move but, the tech industry will move ya


ya so it will be a longer term lor ya, ya and and not so much of CIVs also simply because the market isn't really moving so on day you you just have to pay like a day on day holding fee when there isn't much movement ah in that sense ah


personally I prefer the american market because, the small volatility ya cause if you look at the singapore market ah like, on a day to day basis they move like one cent two cents


the best I've seen is like five cents ya no kick ah because, you have to buy one thousand units to to see fifty dollars gain, which for one thousand dollars worth of units ah the risk is too much for a fifty dollars gain, way too much risk ya


ya whereas for the american market smaller smaller buy ins but, bigger profits and of course bigger losses also lah but definitely like it it feels better lah really like, I I can't stand the thing move one cent a day it's it's kinda


ya ya


for me I do a bit of reading there are some books that I look at of course YouTube is one of them is good, and of course err some of the friends who I have in financial industry so like, I would say it comes from a few places lah, ya as in because the thing about


the part cause similar to you I also have a, have a I also have a portfolio with a, advisor financial advisor, but the thing about financial advisory is that, sometimes we really don't know right if


they are the ones who are actually cause they are definitely not the ones who are planning the portfolios you see, they are just helping to sell the product which the traders themselves are doing so in that sense, once they sell products they get the commission and that's done deal for them whether or not you make the money or don't make the money is none of their business so in that sense


they are more profit-focused than the actual, stock or the actual product itself, so if I were to put my money into someone's hands who are not directly managing the funds, it would also be questionable so that is why I would like to


personally be involved in my trading as well, so I wouldn't be all in on that as well because like, definitely they will not give you a, portfolio that is above ten percent or eleven percent you see, so whereas in in a share market


if I just let say anyhow buy something and just hold for a period of ten years confirm more than ten percent one, ya, ya lah but it may within one year will be more than that already mah, ya


if, I go for the training I would say I wouldn't do it, a full time like probably like a, short one simply because


I don't want to day trade in singapore lah of course right so if I look at the the US market right, !wah! it's like nine thirty PM to four AM you know, ya ya uh !wah! it's it's it's damn tiring one leh like I've done it for like a period of like two months ah !wah! my sleep cycle is messed up big time you know


ya ya ya so so that's also a consideration ah so in that sense, if I were to have the same information I could just put a a buy order right and just keep it in because it's equities I'm in for the long run


okay wait pause ah pause ah pause ah, my my timer sorry it blacked out ah I forgot about it, ya ya ya my, computer's recording is still yes it is still running


yes yes yes


ya ya ya definitely,


I would say diversify I think it's important, ya cause the, caution about, the robo advisory it's out or AI advisory is also is it has it's own dangerous part too (ppc) I mean like if they mention they are AI


, supported or what you put the money with them but who really knows whether it's AI supported like, just because they say I mean it's a claim doesn't mean you can confirm it, and just because it's AI also doesn't mean it's foolproof per se because


I do StashAway I think I believe you do the same thing too, ya StashAway is safe in that sense cause it's proven up to now that it's still working right, the one, AI or robo advisory I've seen, that has collapsed right is the eToro right or not


ya so so in that sense, what why err it's it's possible that StashAway could be the next eToro right, you wouldn't know also cause there isn't a particular backing that the company has but of course good thing about StashAway is that is the funds that you put in


it's guarded by a bank, ya so technically if StashAway closed down your money is still safe with the bank, that ya so in that sense I am not too sure if eToro is regulated or not but, at least err this StashAway is relatively safe lah


that ya ya ya


I mean let's not talk about investment investment I mean investment in itself, it's a kind of financial planning also so, ya I mean even if you don't invest right, I think everybody should have some sort of financial planning also I mean


a a good population of of singaporeans at least, if they don't have, good financial planning then definitely there will be one of those people who ends up you know, being , on a financial assistance scheme which is not wrong lah but it's just ya


okay so for me I just press submit [ah] okay


okay, ya serious mode ah serious ah, okay okay I hear you, what ah, I what is your biggest worry


or what are your two biggest worries right now


(mmhmm), is it (uh huh), okay


(mmhmm), (ppc), (mmhmm), okay


but I think that to me you shared a good point, so so is it safe to say that you don't believe in singapore it's or some parts of singapore is not purely meritocracy


right


but really but does it really suck though I feel it's quite good leh, because you mentioned, it's that not all parts are meritocracy right and that one I have to agree with you because, in a very simple scenario where let's say, we have a friend who is hiring right


and then everybody submits their resumes in so he has an options of like five hundred plus people but like among the five hundred one of them is a friend of yours and you recommend him so, from a very logical framework is that one you can yes you can hire the best person like the best degree diploma


skills set or he could just hear from, your personal recommendation, so so in that sense is it really fully meritocracy the answers is probably no but like, ya so, so in that sense it's some <B>


that your recommendation is good rather than I follow ya so, it is not fully meritocracy lah, ya that is also part of the reason why I think this works more for private sector whereas for I think government sector they are, more towards the resume kind of thing lah


ya so


right yes yes


so I I agree with you so that's why partly when you say if you are personally experienced it what about our children so I guess for me honestly the simplest way would be, with almost every single game out there


for example monopoly the same learn the rules of the game, and play along the game so if I learned that let's say it's not full, you know like fair in the sense where it's full meritocracy then I would probably prepare my child and expand my network and his network so that he would he will gain that unfair advantage lah because


ya so instead of just, you know succumbing to it I rather build on it and, gain from it [loh] ya


no lah but honesty ah okay you think about it ah, this is I would say ah a mindset that, a lot of the millennials have, like you you look at, singapore traditionally, it is a country where


that has nothing it's a fishing village right, ya then we have people from china come in people from india come in people from malaysia come in, so so in the first place they made the decision to risk leaving everything behind in search of newer opportunities which could go worse right not only better but worse


so once they reached singapore it's kind of like all in already like, you can't, pay the money you paid here to go back home right so whatever you you have you just got to slog it out make the best out of it and survive, so it's the same for now also what


we gradually we become very comfortable about, survival because, in singapore if you are poor government give you financial assistance if you're orphan you go to orphans home so like we moved away from


the survivability then we start to be in search of more things but in fact if the government just left us be right we would make things work naturally one


yes, yes yes, (mmhmm)


, right, okay okay


(mmhmm), (mmhmm) ya (mmhmm) (mmhmm) okay ya


uh but I think at this stage ah in singapore we don't even have existential crisis honestly, so so of course if you don't have existential crisis then the next thing you look at is how to make it richer that's all right so so that's where the current issue lies lah so, so I don't know eh but like some people I would feel never really


understand that, sometimes it may not be in our lifetime that, we can be become richer for example, right no because simply because like, if say for example you picked the wrong choice see ah if now I pick diploma in let's say


logistics management, okay then some AI comes along and just destroys my career altogether, I can whine about it but like, I'm not doing anything about it right so, so if, I can say that oh government is not doing enough to help me but like


if I really were to find a proper way to settle myself out of it maybe I have to learn something else I have to increase the survivability in that sense so like, I would feel that some people are just not resilient enough [loh] I feel


but but they complain the most you see but they're not doing anything about it, I just feel that way lah like if it were me uh it was it was me I will just go and learn a new skill learn something just just to survive


right (uh huh), but my first question to that is, how is she still a cleaner at age sixty, oh seventy nine sorry how is she still a cleaner at age seventy nine


let's just assume she got kids okay let's assume you got kids right the kids will take care of her and assuming that the kids don't take care of her right, right she has some money what does she do the money does she just spend it all maybe on like things like what smoking drinking gambling


or does she use it for something like self-improvement she learns maybe a trade learns a skill maybe she don't doesn't do cleaning she can do like maybe hairdressing or like something she can makes more money out of it but question is, what what is she really doing with her money


ya, seriously ya ya, I agree I agree


okay


ya if you have to resort to stealing drugs to survive or to save a dying brother mother you would do it right so, ya lah, ya ya,


do do we , okay okay okay okay


but like ah seriously ah dude I don't like the idea where, you mentioned earlier about no no no about the part where the Amah, you know it they've been through all these, honestly ah she is the reason why we are paying more taxes lah honestly


and then just just imagine is if this is the Amah, and she have children right, when we are children our parents are god like what they say what we do we learned even subconsciously or consciously so, their children is gonna learn from the Amah right bad financial planning then it's just going to create more screwed up shit in the world lah


ya the purge destroy all the Amah ,


but you see okay [ah] you see [ah] of people #amah#s who are slightly more well to do don't have these issues [one] okay


K Zul what was the, latest travel experience that you you enjoyed


okay, where did you go, oh the one that I asked you to buy the bag you didn't buy one ah,


oh,


ya, ya let's do it lah okay okay


I guess I've been travelling about roughly about once or twice a year until until of course ah was it february or march ya the the last one I went was like in january itself, I went to, I went to err what's that I went to


japan ya, it was from when ah eighteen january to twenty fifth I think ya ya ya


twenty fifth it was a lovely trip lah I went with stef, ya, so so yup I went with her it was not bad, but I kind of really like the part where I went on a guy trip lah bro, seriously ya it's not


no no it's it's more of like when you go on a guy trip ah you can do, slightly more dangerous stuff lah like I don't know, like you know hiking, me parachuting or some some sort of like you know fun X-sports lah that kind of stuff lah ya with with her with her is in it's not a bad thing right of course but it's more like I got to look out for her I can't really like fully enjoy I got to make sure she's alright too you know


ya but if if I'm with you guys ah then like you fall then I confirmed laugh at you then I mean that's about it ah, yes laugh first right, ya less, lesser considerations I would say lah ya


, , mini mini hangover ah


(mmhmm) speaking of which, !wah! my crap my app crashed the hell


seriously ah dude okay never mind at least it's recording on the computer, dude the the app crashed what can I do dude


re-login ah, ah abandoned session yes, don't have right you just went straight to main to the main, ya it just went straight to home


because I was just looking at it then poop I see my home screen


no need no need I remember test at, eh come on lah dude, what the hell you crashed again serious


no I don't know it's working fine you know, I got it in january, Android is it


sure sure okay no problem it's all cool, I have I have definitely had this issue lah to be honest but well


use the same, yes the same okay, okay wait wait now I let you see it's easier that way, okay okay can


ya as just as I was typing the thing, alright


ya it is recording just checked, oh ya eh speaking of which uh do you want to go for a, a next trip ah, okay super super simple one ah just you me


a few other dudes, err taiwan, serious taiwan is beautiful, ya we can eat <mandarin>鸡排:ji pai</mandarin> we can eat chicken


bro the the chicken there, yup easy easy okay the the one I intro you ah is #tien shi ji pai# dude angel chicken very nice one, yup, so it's really very nice like like I eat it every single day when I was there every single day


me ah fried chicken ah


ah, okay


you still failed ah,


okay, , let it go ah, okay, three times happier ah


what else gonna make me happy ah food, I would say sleep and exercise like recently I worked right, had some bad experiences at work, then I went home it's a bit moody you know


then I went for a run then after I went for the run right then, I only felt like slightly better only then I went to sleep then when I wake up right then everything settle already


(uh huh), no lah I don't delay the pain lah sleeping is more for you to recharge, like cause see ah when you had a bad day or when you feel upset right it's a lot of


energy spent, into managing those err negativity or like those problems so your body generally just lacking rest and sleep is, I would say the best way to get rest lah


, (mmhmm),


, okay okay in (uh huh), really I haven't seen you I haven't seen you lead climb in a while you know


, I have you never Jio me go climb with you how you expect to it's at my house, no it's in it's beside my my harness


you talk a lot of rubbish eh bro you never Jio me you say you like to lead, climb ah okay, okay and and then, and then,


oh tell me more, (mmhmm)


(uh huh), I think ah you should do less of that dude you ride a motorbike so dangerous


I'd rather you go and lead climb, eh hello I am the one who belay I've belay you you know eh tap your tap your phone, okay anyway then ah , okay lah then I show you next time around lah how about that


ya he wanted to but I didn't want to climb lah, eh you want to eh you want to dinner later or not sorry I I don't know I think I like we're off topic or not lah but like , ya ya ya


ya ya, okay okay steady this time we wait, okay and, eh ya eh I miss those days leh !wah! I would, I would say ah that's one of the one of the things that ah


I miss most eh, remember we go JB like I would say every week, !wah! we go eat the #lok lok# ah !wah! damn nice, ah yes yes yes


, it's a very low err I would say, low cost entry to, to relaxing it's like you entering another country probably like maybe thailand or what not but like it's so near and then the price is so cheap like


we massaged right we massaged it was like what sixty RM, three bucks ya that was for like ya ya ya singapore is like one dollar for a minute there is like cheaper, then #lok lok# cheap cheap Satay is cheap !wah! everything is good ah


ya [orh] yes, yes yes yes (uh huh), you got boss to be report to one meh


, you mean the time they were working and then you went JB , , ,


while working you come you went JB you know !wah! you damn big play leh, , , right right right right sure ya ya


, ya that's that's true lah


ya (mmhmm), ya ya ya ya I told you that


, oh yes yes


especially when getting married ah right or not, so when's your turn , oh oh are you, I think you should just stay single lah dude


she's she's beside me actually, ya ya,


(mmhmm), (mmhmm)


that's why you they say you got to pick the right partner, eh but more importantly ah like what you mentioned it's about what financially straining why ah


both not working okay okay, , they were students or what, then they're not working okay okay okay then next next one


traditional reason or meaning behind marriage, it is really just, two families or two people, pooling their resources together much like, you can be your own warrior but if you were to make


a tribe full of warriors then you're stronger in that sense so, I I really think that it makes some sense traditionally our weddings err our marriages were just honestly just, places where we can, pool our resources together to better manage


or survive in life so if you look at that, mindset I would say, then, it would be good for both wife and husband to work lah but then now like if, we based it off certain families, only where the men work or only if the woman works only then it kinda doesn't fall into this category [orh] so


ya so I mean it really depends on how you view marriage lah


because what you get married because, okay means you're saying that they are not aware of, they're not they're not aware of what they want is it


no but then again right, it's like, if you were a chicken sorry if you were a chicken right then, then for you what would be the nest, makes best that it's honestly your life cycle what so if you're not procreating or or then then you just live you die lah as in that's that's only like the next few things you can do only what


actually you want to start first


uh so for myself right uh yes I do have some personal insurance it's not much, I do have one life plan, uh which is from manulife as well I think it's the same as yours but I am not sure whether mine is pay fifteen or pay twenty


what's that what's what's the name what's the what's the name again, ya ya live already, ya the life already, uh mine's with a multiplier of five lah, yeah, (ugh) what else do I have or I do have one personal accident plan which is named what ready protect I believe ready protect accelerated from manulife


yeah, and the last one will be, what is it called, oh raffles shield raffles shield private but that one right for now I still don't have the rider then I know it's important ya that one I soon sooner or later I will get it lah


so uh one of the experience with the policy it's uh that time uh for the ready protect for personal accident because for mine uh I myself I play sports so , ya I get injured quite often lah like ya like tofu like that


so, yeah it I I find it a very how to say, (ugh), what's the word again ah like, good lah it's a it's a it's a good it's a good thing to have a deaf personal accident plan for people like sports who play sports or do any kind of dangerous activities


because like uh let's say you will you will you will never know let let's say you sprain your ankle, then if you have to go TCM it may cost maybe like hundred dollars or maybe even more depends on depending on the place you go you know some they even give like medicines so all this kind of thing you can do just a just a quick claim which only a few days then you get the money already


ya so I I find it very worth it you only pay like maybe eighteen dollars a month depending, depending on the policy yeah for mine is around eighteen I guess yeah so I find it's really very worth it to do like maybe a hundred dollars claim two hundred dollars claim yeah do you have do you have PA plans or any other plans


okay coming to that I don't have endowment plan but I do plan to get one so right now I'm still conflicting between getting an endowment plan or should we get the ILP like ya I do believe in savings


but just that you know like uh with the market being so big ya so many kind of endowment plans or uh ILP I don't know which one to get or which one do not uh maybe you have any kind of recommendations for any kind of, like you yourself have personal experience for endowment plans


or have you heard about the singlife, ya after two point five percent do you do you have it


oh so it's so it's counted as endowment plan right for a singlife


but that one it's for the first ten k you get two point five percent or


oh yeah yeah yeah I heard about that also actually a lot of my clients actually told that uh told that to me but to me I how to say this ah I don't really be believe in term because term plans to be honest is only until the age of


uh sixty five seventy ya ah that one I believe almost everyone will stay uh will live till uh above the that age, to let say you buy term plan then uh what happens if after sixty five you got no coverage already and the money is already there but term plan term plan don't have cash values also


ya you don't get the premiums back, right am I wrong, don't get the premiums back yeah so, to me it's like, ah I would rather buy a life plan that's my personal preference, yeah, ah but I I do get where they're coming from buy buy term invest the rest get a short coverage while you invest the rest then get some money or something


money I believe they're talking about, ILPs and stocks and this kind of thing right, so at the same time what if you don't, you lose the investment, then


you don't you don't earn much from it, then your coverage later you for you or something happen to you after sixty five, what do you do so I I to me to me that's like, not what I will look it I will look for lah I would've prefer life plan to the age of ninety nine or something


I get where you come from


ya it's a bit high yes


uh no I don't have any ILP so uh let's why that's why I say just now I'm looking forward not looking forward looking into having either ILP or endowment plans but uh just to check is iFAST counted ILP


no right no okay yeah, so uh that time I was looking at the like because both of us is manulife agents ya we see the invest ready product compared to the rest of the ILP products in the market, I would say that's one of the better ones lah in in my personal opinion


just that the amount maybe slightly a bit high for me I guess like what you said the charges it's a bit high also, ya so ya still still I would find, ya considering yes


I'll consider having it in my insurance policies uh insurance portfolios as well but maybe just for not for now lah, , what else oh you know just now when you say about the life plan term plan


ya in my opinion right uh like what you said uh, because term plan is cheaper and doesn't have cash value so we invest the rest all this kind of thing right ya so so in my in my opinion is like uh because uh life plan life plan have a cash value uh yes is quitely slight slightly higher as well


ya but in my opinion is like uh because it does have the interest inside as well it does have the cash value after two years so after two years onwards the cash value inside it's already rolling like what you mentioned before


so in my opinion that's already like one of the better ones better than you know even even at the end of the policy maybe like , age of ninety nine or something let's say let's say I would it I reach the age of ninety nine then the life plan matures or something then I do get the entire cash value inside the life plan instead of having uh a term plan that's until the age of sixty five when then when it ends it just adds I don't get anything


ya so that's my personal opinion, ya but at the same time ya lah if if you're a smoker you get the life plan ya it's very very very very high lah, yeah, yeah I check before it's around


times two right which are almost times two or time one point five


oh the dependent scheme thingy is it, actually I've no idea what's that can you can you you do you know do you know about it


sixty five so it's like a term plan lah, oh okay I didn't know that so so let's say let's say anything happen to you then uh how do they do any claim or something CPF just give it to you


okay but do you know how much is the coverage and all, oh oh oh that's something new okay but uh premium also increases okay


so it's basically like a shield plan with a increasing thingy, okay that's something new okay ya because all along


all along I've been seeing that but I don't really know what's , ya so you were saying


in my opinion, not really because uh, because eldershield only fifth what forty thirty thirty forty start at age of forty right forty to sixty


ya so what about people that is like you know like before that, you know you got what I mean so because before that let say you fault you there's no coverage for that as well, then your CPF is just there but you can't use it to do any kind of


to help yourself lah but I do get the medisave in it that's important to get the shield plan that's why I do get it, but the rider rider I do believe is important as well which I confirm will get just that when I'm not lazy ya other than that I don't believe there's


enough coverage using CPF because CPF money is just inside okay I do get the retirement, for, HDB ya for HDB we all sell our things also but I don't think there's enough coverage for let's say our health


yeah like, like elder shield what if you get disabled before the the age of before you even buy medishield eh I mean the elder shield what do you do you don't have enough coverage for that


but TPS is let say something happen to you then you die or something like that


read about later , oh that's a very good question I would , because I'm an insurance agent like myself and you same ya so I I would sort of plan out my insurance


then after that I will sort of uh discuss with, like someone that I trust lah to to see whether I lack in anything or budget thoughts on it uh something like this but, insurance agent other insurance agent so I don't I don't think whether this thing it's whether you are insurance agent or not lah it's just like personal thing so I have to discuss with someone that


uh I trust yeah, in my in my opinion because, to me insurance this kind of thing it's, quite personal actually