uh how do you manage your cash flow how much of your income is allocated to saving expenses and installment slashed investment uh I actually manage my uh cash flow by uh setting aside the ratio so as mentioned previously I think


uh I set aside fifty percent for my savings uh twenty to thirty percent for expenses depending on the month and uh the rest will be on installments and investment, uh I think uh is a good it may working well for me so far and I do not intend to change it anytime soon


err for me I think uh I earn extra income by uh having uh, some part time job like you have mention I think it helps for you to improve your income level and I think another good that you have mention is that uh if the future you should have you could have two houses so that you can rent out the other one and give you


another set of income for you to depend on uh do you have the habit of saving how do you ensure you meet your saving goals uh yes I have the habit of saving uh I ensure that I, meet my saving goals by reviewing my uh savings every month and keeping my savings in check uh if I find out that uh


I'm not I'm straying away from my goal then I will try to make adjustments to my expenditure, so that uh I will be back on course


uh I think for me will be uh to also start reading up from young uh and to have a good uh knowledge on what is saving what is expenses and what is needs versus wants so that I built a strong foundation for the future ahead


negative experiences, so hello can you describe something you watch or read that gave you goosebumps


uh I think will be uh, I think something I've watched before would be people uh uh ill treating their elderly like they're very uh


disrespectful I think that gave me a very negative goosebumps I think is not uh right for you to even treat uh, elderly this way I think you need to treat uh although you don't know that person although that person is not doing uh


might be doing something uh that anger you or what but I think it's always good to treat someone with respect and dignity uh and furthermore that person is of age, and you should at least uh try to put your foot put yourself in her his or her shoe and try to at least empathise with the elderly instead of err kicking up a big fuss


then uh can you describe a time when you feel that you have committed something gravely wrong and there's no way you can get back up and start over again


uh I think for me would be err, I think would be uh cheating I think it's a something that I have done gravely wrong in my life and when you get caught you will feel like there's no way you can ever get back up and start over because there's always a label


a knew now that you are once once a cheater then you are forever a cheaper but I think that is a something that will always take review unless uh and it will takes a lot of a long while for you to build that trust back


so I think that is something that uh I shouldn't do and something that I will not do again, can you describe an event that made you very angry


uh I think an event that made me very angry will be err when uh people there's a case where uh there's a superior that abuses his power, and, err he tried to overstep his boundary


and uh and he tried to cover it up by uh, uh using his authority and his uh superiority I think that is something that made me very angry as, uh it felt people of uh status on people with uh


authority you should uh at least uh lead a good role model, for the for his own people to follow, and uh he failed to exhibit a good leadership and


uh furthermore he also tried to make thing worse by, covering it up in the end so I think that is a event that make me very angry and, frustrated because there is nothing that I could do to change the outcome or there's nothing that I could do during the event itself to make it uh to correct it or what


err so what disgust you


I think what disgusts me will be like if you are over err, uh if you are belittling other people like for example you think you are uh very superior as compared to other people I think that way disgusts me a lot


uh I think that uh in this world uh you are not uh that great after all, uh although you have a lot of uh achievement although you are uh very successful in life I think you should always be humble and that is one of my uh values in life so uh being cocky being uh uh looking down on people


I think that is yeah things that really disgusts me and I err, do not like to stick around with them and I will try to avoid them, so what is an issue that you feel upset over because you feel the worse you feel because you feel the world need to do more about it


I think it'll be uh the issue about uh global warming I think, err the world need to address the issue on taking care of


our own world, and to ensure that err we leave the place for the we leave the place uh in a good condition for the future generation to come, I think now there's a lot of uh littering a lot of pollution going around


and people are not err being serious about it uh including the government people that can actually do some serious work uh they're not being committed to it, uh although there are a lot of uh conferences there are a lot of talk about it but uh there are no serious action being push forward


and people are just uh using lip service people are not uh actually acting on it so I feel that uh this issue I feel that the world really need to start uh to do something uh for example uh reduced uh


the greenhouse gases emission, and start to use cleaner uh fuel uh and there're a lot of ways naturally you can uh build a better ecosystem and ya I think people need to start to address it more


and in a post COVID world what are some of your worries and anxiety that you face


I think some of my worries will be that uh there could be, potentially another disease uh that's coming our way uh sooner or later I think uh it just during COVID just show that how much your life could change how much


err everything uh, could be so different within a span of few weeks uh and, uh how you could get your freedom being taken away from you uh for example there are locked downs being implemented and I think that will be my main worries I think uh the other worries I have will be uh job prospect


I think in a post COVID world uh the economic are still the economic is still recovering, and uh there's no guarantee there will be an ample supply of job for, future graduate and I think that is something that


people I'll be anxious about uh since I'll be going to the workforce in a few years' time, uh can you describe a can you uh what frustrates you


I think same as you I think miscommunication, I think miscommunication frustrates me the most since uh uh I'm unable to get my point across and the other party uh do not understand what I'm trying to convey to them


uh it really frustrated me because uh we will end up uh usually we'll end up having arguments will end up in a conflict and uh will end up in a negative uh, way and uh


usually you won't know that uh there's a miss uh until the end where you realise that uh things are not going well and it's quite hard to prevent uh miscommunication because it takes uh two party to come together to understand uh the issue or the point


uh so what is the worst thing you have witness and keep quiet about


err I think the worst thing I've witness will be err when there's a


heated argument within uh two party in the public uh I assume that uh they're just uh families that is facing some issues, and I kept quiet because uh I thought that I was too young to intervene you know to do something about it uh as the argument got more and more heated it start to turned physical


where other passerby have to step in to break them apart uh I feel that uh, an ample of time uh maybe I should have uh tried or have the courage to do something more instead of just standing there and keep quiet about watching the situation turned into turn worse


err described the time when you are unable to help someone in need


I think for me will be err the point of time where uh my friend were in debt but err at the same time I'm not I don't have any savings I don't have any uh additional income that I could uh contribute to help him out for his debt


then uh during that time uh our friendship turn uh we turn to, we became very distant as uh since uh he received me as uh trying to be self secure and not helping and I think that were the time when I'm unable to help uh my friend in need


uh so <P2>ju wei</P2> what is your greatest fear


uh I think I'm the same fear as you I think uh being alone is my greatest fear also uh I do I'm the type of person that do not like to stay alone, I like to interact and mingle with people on a day to day basis and I like to uh spend time with spend time talk to people


and uh , I fear that if I'm alone there'll be uh negative thoughts coming uh I would over think, uh <P2>jun wei</P2> do you have any phobia how do you overcome them


uh I do I do have the same phobia too I think uh I have since young I have a fear of height but uh then along the way I learned that in order to overcome then uh you can actually uh it helps for me to do mental rehearsal


so that I will rehearse over the mind my mind for example the cliff jump uh I tried to take a deep breath and try to rehearse what is going to happen mentally


positive experiences, so <P2>jun wei</P2> can you describe a travel experience that left you in awe


then would you do it again


uh I think for me is the same place as you I think I also uh I think the best travel experience I have will be in bali, I think err is uh not just a place but the people there also uh I think they are very err friendly


people and they're very welcoming to tourists and for the sightseeing itself it's also very there are a lot of places uh for you to go and it's very affordable as well, and then one uh based uh one uh scenery that I couldn't uh forget will be the aling-aling uh waterfall I think uh is the one of the more majestic uh is the most majestic waterfall that I've ever uh seen in my life


and uh not only that you can also uh challenge yourself by uh jumping off the cliff which uh there are various heights ranging from uh three metre all the way to fifteen metre, and err there are also a lot of they're also very uh friendly and encouraging guides there that will ensure your safety uh when you have fun there


uh so for <P2>jun wei</P2> what is what was the biggest reward you have ever received after doing an awesome good deed


I think me I think uh mine's a exactly the same as you I think uh doing a good deed uh usually don't uh expect any uh, reward or sort uh but I think the main reward that I every I always get will be uh the sense of satisfaction as err after helping someone uh you will naturally feel good I think there's saying all do good feel good I think uh


ya that will be the biggest reward that I think I'll ever receive, err <P2>jun wei</P2> how about can you describe an experience when your faith in mankind was renewed


I think me would be the recent COVID nineteen experience I think uh is very uh heartwarming to see, uh people from all walks of life coming together to help one another uh for example people volunteer as nurse err people are being uh deployed to be uh the to be


helping those that got infected and they need to stay away from their family for a prolonged period of time I think err that made me renewed my faith in mankind as uh it shows that during a crisis uh instead of uh, being self secure people are actually coming together to fight the crisis as one


and uh not just that uh and there are a lot of uh ways people contribute and in uh some ways I think it's actually very uh, touching uh I think we'll !wah! the most touching part will be those nurses that uh have to stay away from their family


and uh so <P2>jun wei</P2> uh what leads you to experience an adrenaline rush


I think for me will be height uh I think whenever there are uh high I will have I will experience an adrenaline, rush err for example the the cliff just now, I think when I looked down uh I can feel the adrenaline rush coming as I think uh I got uh fear of height so whenever I uh look down on a high level


I will feel it coming and I think, is a err, quite a fun experience to feel it err can then can you describe the moment when you felt the luckiest


uh I think for me uh the luckiest moment in my life will be uh


same as you uh recovering from illness I think for me will be uh my uh I got a infection in my upper lung area so it was a very it was a terrifying experience as


uh there are a lot of things that I couldn't do normally and suddenly my, whole err for that period my whole, err, my whole life have to change uh example I couldn't uh play sports I couldn't run around


I have to err, always err be in bed as I do not have the energy, uh to move around and uh, but luckily I'm able to recover from that and after recovering I felt uh very lucky to be in the pink of health as uh uh being heal


ty you can actually do anything you want and you, uh I felt that uh if I'm I felt that if uh felt like I'm when I'm healthy uh I am able to, uh spend uh more time doing what I like and instead of and I don't have to worry about uh things that I couldn't control so I think there was a ya was when I felt the luckiest then uh how about what was the proudest moment of your life


(ppc)


I think the proudest moment of my life will be uh able to uh, I think it will be having a a solid group of friends uh around me I think that will be the proudest moment as I think uh in this social media era I think a lot people are fixated on what is uh


just uh basically the surface things and people are actually not uh building uh genuine uh relationship with one another, so I think uh I'm proud to say that uh I have a group of friends uh that will always uh back me up they will always be there for me then uh what amazes you


I think for me is the, similar I think like uh, I think through a lot of through my twenty one years of err, living in this world I think uh I'm able to see that uh there're a lot of different


uh personality there're a lot of different cultures languages and so on and I think it's a never ending thing that it will always uh learn new things or you will be able to see new things


I think that amazes me the most and, err I also think that err, uh amazes me, uh so <P2>jun wei</P2> what makes you want to be alive


I think me would be I think for me will be uh to experience uh different culture different uh way of living, I think that makes me want to be alive uh I think I want to travel to the whole world


so that I'm able to see things in a different perspective and be able to meet uh new people I think uh, that's make me uh wants to be alive since I have not uh travel to many country before uh I will want to be have I want to I will want to have the opportunity to be able to do it and I can only do it if I'm alive


then uh what is a skill and ability that you are secretly proud of having


uh I think one ability I can is always to err introspect so I able to err examine my own uh mental health and reflect on the things that is going on in my life


err uh don't tell anyone that I think is quite a private matter to me, it's uh but uh it's a good skill I think as uh is important for you to sit down at the end of the week or at the end of a day to think back and look back about uh your experiences and what


could be done better or as you go ahead and can also help to keep yourself in check as whether do you uh are you feeling burn out or are you feeling uh too overwhelmed by the your current pace of life


as if you are uh I think it's important to you to step back, so that uh you can uh carry on, uh <P2>jun wei</P2> what is your favourite activity to unwind and relax


I think my favourite activity will be uh through sports, I think uh when you play sports your mind is only uh fixated on that uh you do not think of other things so I think that is the best activity for me to unwind and relax


and at the same time uh uh since I like to play my favourite hobby is basketball I think it also helped me to, uh enjoy the game with uh the rest of the, people that is playing together with me and it just a natural feelings that I'll feel very comfortable in it uh maybe it's been maybe is because I've been playing for a long period of time


uh <P2>jun wei</P2> can you uh despite the ongoing global uncertainty what make you optimistic about the future ahead


so basically we ya so basically we do have a saving account right, [orh]


part one financial related topics, (mmhmm), so basically we do have savings account right, but as you were saying that, you know, savings account giving giving lower interest right


they are giving uh higher, interest or what, so so definitely no loss or, there's a risk to it lah in the end anyway


but I still


find that bank is safer lah bank is safer , ya


, so what's the the name of the thing that we we actually put in our money dollar decks, is it is it, (mmhmm) (hmm) (mmhmm) better returns lah (mmhmm) (mmhmm)


(hmm)


(hmm) , ya ya we put our money like uh part of part of our money in the bank and part of it we use it for this kind of uh, uh account uh (hmm) (hmm) uh (hmm) (mmhmm)


so for ourselves we I think we both of us do have credit cards right, uh the the purpose is eh ya, for us to like correct ya


we ya ya we use quite a lot on travels, (mmhmm), and we can actually gain also points travel miles


(mmhmm) , and as for ya and as for loans I think we do have home loan of course everyone have we have car loans also


(mmhmm) but uh


but but ours is ours is uh bank loan right you were saying that time, the bank rate is getting higher, right ours is bank loan


so is it good or bad so it,


okay ya, so ya basically we also do have joint account together, that one is all for urgent matters then we can something that we we discuss and we will is important lah to have joint account lah


for our our joint usage you know


, (hmm)


(hmm) but then we also took up the something for our kids ah, where every month we put in money, so that you know when they turn twenty one uh that one is part of financial also


uh endowment ya ya that's ya but that's very important also to to to me for long run for financial, is very useful (mmhmm)


at the same time we save for them, (mmhmm) (mmhmm) ya


, (mmhmm) ya


but better in terms of long run lah for our kids you know future anyway uh education has also getting more, , more ex ah expensive so and, ya (mmhmm)


the returns, , (mmhmm)


basically it's important lah insurance is very important because you never know you know


(mmhmm) (mmhmm) ya, I used not to believe in all these lah, but after, after encountering like


uh, most of my friends who got sickness you know out of sudden at young age so I find that oh now now I can see that is really important having insurance , or ya lah now I


come to realise how important it is okay anyway uh, based on uh the, what do you to when do you think is the best time for our child to have their own ATM card to give them


which is what eighteen (hmm) ya


maybe that's the time where they they can actually know how to, handle their own, manage their own money


(mmhmm), ya but, but actually if we don't give ATM also it's okay because that's what I think we can just give them cash so at least we know clearer


(hmm) but the risk is like uh what if they overspend you know, , maybe joint account ah so at least parents can know


or whenever they draw money, (hmm) (mmhmm)


ya lah hopefully they are old enough by then to that's why eighteen they they should be old enough to think lah as for credit card setting, we prefer which card ah we prefer I think we we like to we prefer to use citi ah for travels wise travel wise


the miles, (mmhmm)


citi is giving the best lah, (mmhmm) (hmm) (mmhmm) (mmhmm)


ya, but one thing not good part of having a credit card eh credit card is like if you overlooked lah this kind of situation where you overlook then twenty four percent per annum will be charged you know will kicks in


ya lah


so what else ah usually, it's good for ya we always discuss about our financial uh, thingy lah, it's always good for family to, discuss about financial is very important


(hmm)


sacrifice ah


but the but insurance I I I don't understand why as you your child gets older the insurance is, uh more expensive, why can't they just like you know, do it the same


any age same same uh premium every every month, (mmhmm)


ya it's too low lah but still uh many many of us still you know believe ya trust banks more,


or maybe bank under government ah , (hmm)


but investment you are talking about shares right I see I see


, part three negative experience in life, so


so far do you have any negative experience in your life yes of course lah everyone have their negative experience ah, ya being


like not appreciated also lah that one also like


human make mistake what


ya but the thing I don't like about your is is like when people promise you something then you know, they never fulfil it, same goes if we promise our kid something we have to fulfill, if not they will feel like you know oh mummy is not keeping to her promise


so it makes also them demoralised so same goes to working life also lah, (mmhmm)


ya that's work that's life of a working that's working, working life lah you know you can't go away from politics, so ya oh maybe you uh


okay lah whatever is just think positively also lah okay anyway let's uh share our experience our unfortunate experience ah events that happened to us when we were overseas something that we can't forget


, ya actually , everytime when something happen right to your, something bad lah happen to your life ah then usually something bad again and it other things will still go wrong you know


like like for us right first I think we were we when we were in Paris ah, , the MRT station I tell you, it ya ya ya train station we thought that singapore usually you know peak period !wah! it's so bad you know but I tell you


I think singaporeans if they were to go to their train station Paris train train station they would appreciate singapore more which we we are actually , it's so packed like sardine, and then what happen ah oh actually we I we I nearly lost my my mum ah


because we thought that she didn't follow us from behind where we exit the, the train we go out from the train, ya I tell you


(mmhmm) ya


ya but eventually lucky thing is actually she came out with us but it's just that we turned right she turned left , okay that one is one thing lah happen so after that, ya ya that's the thing


no that I mean this thing happened is uh this thing already bad thing already happened so after that straight away is in just the same day and then things happen so


uh, sames ya lah same, (ppc) ya, then we get to realise that Paris has lot of pickpocket


they they really pro ah


packed sardine place , but really eh not everyone can do it ah they are really they must be very pro about it to really do it


because your pocket your your pants pocket is quite deep also right as you when you check ah, (hmm)


of going there ya ya, that's really when uh an


unfortunate events that really happened during our , travel ah , so far lah this is the only that, really we cannot , forget we cannot forget, ya


maybe too too many things happening, (mmhmm)


ya that one is (hmm) most important, (hmm)


from there you realise that singapore is the most safest country lah, ya a lot of things to be done ah,


ya, [orh] I see ya it's all oh no that's in London, (mmhmm) ya


, ya hello hello can hear ah


kay la so because of that you know everything become negative we become negative also and then you know we we we go for holiday out of I mean we become angry most of us become angry because of the situation


, so far what other negative things ah uh basically , , ya lah it it, (mmhmm)


ya so what else can I say about negative thing maybe about myself lah ah negative things what ah, [orh], I have this like so call , OCD thingy


but it only applies when, when it comes to food, know where I cannot see food, being how to say


you have to it's just a my habit lah if my kids or my husband or anyone in my family which is of course happen in my house ah, must clean the their the table after, eating cause I can't see, food


you know, food particles or what left on table reason is because ya, any sweet things lah reason is it's all because of I don't want ants to , ya


correct lah but the the not good part is like people will think that oh my god, this this this this girl this lady ah so, , ya


lah on but on but on the positive side also have lah because you know why positive side as your house will be clean all the time,


ya but that thing they can make me disgusting you know like this can disgust me


so basically for yourself what what can disgust you for me is the ants part lah I don't want sweet, things to be on the table everywhere, to prevent the ants from what about you do you have anything that disgust you


[orh] he's not ah , ah


you should it's so good it's good example actually, no he should show good example by you,


(mmhmm)


ya it's actually a worrying lah this this COVID thingy right but important is the government should do a, uh ya (mmhmm) so for so far


worries worries and anxiety, so actually because of this COVID thing also we we are also worried lah and we do have some anxieties, where we we we are thinking will it happen for long will it gonna be like this for long


how long more


hopefully there's no second wave ah, I mean for singapore for singapore so far still in control lah so far


ya but the thing is no but the thing is actually the best is singapore not to accept any foreign, not foreigners lah foreign traveller, ya ya uh


ya sometime this thing also can be uh detected later part, (mmhmm) (mmhmm)


adhere to the rules [lah] (mm) (mmhmm)


, positive experience in your life


ya, can hear can hear ah the you can hear me or not, !huh! can ah, but I cannot hear you can you can you speak


oh oh, okay so so basically what, what's the best best part in our life ah is is is the travel lah, usual travel because we used to do it every year


thank god but it's just this year we gotta skip because of this pandemic thingy, uh


(hmm) then have family bonding time , (mmhmm) (hmm) ya correct


ya they become more computer savvy also, , (mmhmm)


but I but basically we missed traveling also lah because we are used to having it every year , now you can't even go to, ya oh


for me maldives lah for me maldives so I want the best lah something I never dreamed of , and Quebec where we get to honeymoon for the second time , leaving our kids cause that was a


awesome ah ya ya


ya , from the oh oh


(mmhmm)


actually having the best part ah in our life is having get having kids lah but at times we need to also, how to say relax have our me time together


now that we can't go , now that we can't travel ah our me time is like uh fetching you from work then you know, we have our coffee time , that's the me time, (mmhmm)


ya lah we had where sometimes I go out to work also but some of the time also I'm at home so the kids, uh


cannot think of any now, so what do you think ah basic


ya lah basically you know I'm scared of height , so when I have kids where you know when you travel they see cable car [orh] I want to take this cable car so being a mummy that I know I can't actually disappoint them so okay all go one go all go okay so I sacrifice


that that that know scary part , my phobia part sacrifice that for the sake of, my kids ah just go, I will just uh


ya but the feeling still, , ya correct lah but the cold sweat is still there lah, ya ya


the view right ya correct correct actually is the first time


it's the Langkawi right, cable car rides , , ya ya ya something that I also can't believe it lah


ya, so as a parents right we always feel proud of I mean we we always like prioritise our kids first lah


ya for them they will try everything, (mmhmm) (mmhmm)


proudest ah ya lah having to, you know holding my having to, give birth to my first child, so , actually the the the, the first part is being pregnant lah for the first time that comes first before


the giving birth part, ya, ya of course lah before before marriage or whether we will think of that whether we can be a mother one day


(mmhmm) (mmhmm) (mmhmm) (mmhmm) ya lah first


ya, life is such lah where where it's always like okay we are single then got married then we want a child then, after that you know we want to be a parents, so basically


after that we learned we every every year we will learned from our mistake and what we can do we achieve so basically sometime we don't know what what are our skills that we can actually and ability until we right like we try


like for me I, when I can't I really can't cook before married so , I told, so I told I told my husband oh I can't cook don't expect me to cook you know I'm not a good cook, but eventually at as as years goes by I learned


then I pick up the skill and thank god, uh so far a lot of praises lah, , , that I like to bake also, so we must learn something lah we must


learn something also in life, like catch up skills, ya (mmhmm)


moral, moral of the story must try lah must try, ya ah ah


ya sometimes things that we think we can't eventually you know it turns out oh we are good at that actually , ya, ya like now also because of this pandemic thingy also


we still have to be positive, like we must think okay maybe things happen for a reason it makes a a family closer, them travelling ya


but hopefully it it will not last, longer


so far so good ah


I think uh singapore is managing it, efficiently lah oh, ya ya just hold on my batteries getting weak, I need to charge okay, I think can push just hold on ya


ya, I think we can continue okay, (mmhmm) ya hello, eh hello can hear me


can hear me uh ya


the can hear me or not, ya ya okay okay okay, so what what else ah, ya lah usually good things when people praise praise stuff of course lah then that's when we blush


giving positive, uh review about what we did, it uh okay can just


, ya


ya lah so what what what other positive things ah in uh our life, what other positive things, in your life that you have, thought of (mmhmm) (mmhmm)


ya ya I also think of that I also cannot imagine that I try to imagine lah how how, (mmhmm)


ya lah sometimes what we we can't think of that that can happen to our life it happens ah , just have to be positive sometimes,


so far too much lah so cannot think of , , ah the thing is I get to travel every year so that's the best thing that's happening every time, ya sometimes


ya birthday surprise birthday gifts are all surprises, cannot think of any


okay, , part one finance


ya we do have but uh I don't fancy uh putting them into the savings account maybe a portion of it will be fine but majority of it I would like to put it in some form of investment


, ya ya uh higher returns basically investment will give you higher returns,


there's no there's there's no such thing as no loss in the world there's always a risk of whether you make it or at times you will you will you will uh have some profit and loss along the way there's no such thing as so perfect if perfect everybody won't have a won't set up a savings account


, ya for those who are conservative definitely they go for banks, which uh


if you continue to save uh have your money in the bank for a period uh long long term uh savings for example if you have uh ten thousand after twenty years there'll be ten thousand few dollars


but if you go for investment long run ups and downs eventually you will definitely reach somewhere, much more if you are if you are lucky enough the because it goes with uh, the inflation


whereas in banks it's just zero point zero it's so minimal and uh ya the security is there but then again which bank is so secured at the end of the day some banks might close down also


dollar DEX is a form of a regular savings plan where it's uh tied down, to uh ETF


it's a fund lah it's basically a fund, , so the is similar to stocks uh shares there you have a profit and loss but like what I said eventually, eventually it goes up and down and at the end of twenty it have to be a long term one there's no such thing as two years you take out !aiyo! why we lose ah no way


you have to have that investment up to fifteen twenty years and best is actually forty fifty years is for, old age savings that is savings and investment where eventually


ya for certain uh basically there are proven uh investments where you can make up to thousand percent folds so I'm not banking on the maximum but at least


you are there and about with regards to inflation, money in the bank is for liquidity just to keep uh it uh for emergency use in the event that you need to use uh hard cold hard cash then you have that the rest I would prefer to dump into the investment


(hmm), , ya definitely credit card will come in handy, in times of emergency


especially for travels lah, where event, ya where you it's basically everywhere is contactless payment


uh ya uh points with regards to krisflyer miles, uh where, we can uh purchase tickets using those uh mile points uh mile what do you call it as ya lah flyer miles lah


DBS home loan ya car loan vehicle loans uh why why would I wanna invest uh why would I wanna dump cold hard cash


where I can uh paid up slowly as long as the interest rate is not so high is uh ya uh, affordable then no why why wouldn't we take up


ya the the that that was that time but now with regards to the current situation all the rates are plunging down , so basically now it's so much lower than the CPF uh housing rate


definitely is better than uh CPF rate lah at two point five percent which now we think uh the rate is around one point five percent also, ya


it's it's more of like plan planning to get those joint account into joint investment though, those uh money ya, rather you keep inside the bank I don't think it's worth it it's so unattractive with regards to the interest rate that is uh giving you won't uh even cover your inflation though you said it's safe but then again MAS is there


to uh uh protect us as long as our investment is less than fifty thousand dollars, well it it


oh you mean the endowment that every every month that I that that's for their, that it, ya it it it can turn out to it is it is actually more of of like an insurance where


if you because sometimes you tend to overspend but if you have all these to make payments you can uh be more disciplined so as not to overspend or ya you do have savings and at times you won't realise that


all these things you you make payment is actually also part of savings and at the same time also insures you act for for example okay for the kids endowment ya study endowment at the end of the day, where capital capital invested


say let's say maybe forty thousand but the payout after they reach a certain age eighteen or twenty one I can't remember exactly the payout would be sixty thousand eighty thousand at times so there's always a gain there lah


rather than you put inside the bank that twenty thousand after fifteen years is is not is such a negligible increase only, what's the point that's what I meant by anything that, I would want to I I wouldn't want to


keep inside the bank I would rather, park it at uh those investments that I can uh invest in lah definitely you have to monitor, not all investment will always make money but, they have fund managers to manage so it should be quite safe lah it's just how much more or how much lesser that's all


ya , with regards to that is with regards to the uh


study endowment education endowment another one is critical illness, where I insure though the amount won't be so great as compared to, uh, purchasing an an insurance without a payout at the end of the day ours what I uh signed up for or been paying for or been purchasing is more of critical illness


uh money back where if your health eventually you have eventually, a good health not not much of a serious critical uh, illness you will get back uh more


money out of it lah as an investment but if you were to face say any critical illness the payout is also quite handsome, that is another one which I think ya it's good lah rather than I just invest in a bigger uh eventual capital


maturity capital gains but uh in the event I face that we either one of us face any critical illness but that, you you can make it as a insurance ya definitely is important but


more of uh savings too because nobody wants to be sick nobody wants to face any illness, ya that's


ya it's always been you telling me why you need this why you need why that waste money here and there but actually is not, okay good good that uh


well to me maybe at the age of


uh entering poly depends seventeen eighteen around that age,


manage their own budget, ya with regards to whatever amount we gonna spare for them for their, expenses ya


and depends on how disciplined they are and with regards to money lah when in hand, some kids might just uh be so


ya but uh, to have ATM they know they will eventually know how to save up is is like a piggy bank, but is a government piggy bank where you can bring it all along without being having uh worry, to lose it if you bring your your piggy bank you might drop it or might leave it somewhere and might be heavy


, when you bring piggy bank also they can overspend what you can take give the whole piggy bank to them to the shop what right so what's the diff


and I think it's better that you leave them on their own if they were to overspend, it's a lesson for them to learn and they when they come back mummy daddy I think I need some more money why that's where you question rather than uh you always have joint account you let them come and face you with the fact and truth I would I would prefer that way that approach


rather than I monitor every single uh deposit and uh, withdrawal I think it's more of uh confidentiality at the end of the day also and trust


citibank because of uh the points and uh the miles lah for premium miles citibank premium miles but then again there are other banks which offers miles too but all in all I think


being being being being citibank they are always flexible not too rigid can understand the customers better and more open to for example we tend to uh basically for me lah I tend to at


times miss paying bills because I overlooked and they are easily they easily waive off whatever late charges financial charges to every single cent which I see they were the pioneer other banks


were so stringent and especially UOB oh my god, , ya depends on the bank ah that's why if if they they don't want to back down okay for for once I pay I pay the late


charge no problem but they lose me as a customer long term I think that's a stupid business if they were to do that lah so that's why nowadays, banks are getting more lenient and uh, easier and friendly cause they I I believe they want customer they want business nobody wants to purposely overspend unless you really don't have money and you want to spend to over your budget then that's where you have the intention to overspend


uh basically not to pay up ah and that's where they will hit hard on those people lah


ya and uh for for the kids for their future I believe uh investment should start from a young age that's where I we've decided


to uh have their regular savings plan at at their current age now, I don't have the luxury of that previously I don't have an idea , but they are so lucky that their daddy is so willing to


help them invest they might not realise it today they might say daddy why you taking my money out no that's not the thing they will will realise it when they reach thirty forty years old, they will they will realise that thirty or forty years old where they say oh my god


if if daddy didn't had not uh put in that this uh type of investment I wouldn't have this much of a money I believe I truly believe it'll be in the folds of thousands percent


uh it might end ,


I I I believe it's all about boils down to inflation at the end of the day standard of living we can't expect uh the sweets we bought when our younger days three for ten cents now you can never get three for ten cents anymore


it it will be much more one one two dollars minimum uh fifty cents I think the cheapest I think fifty cents if I'm not mistaken there's no more as three for ten cents so as time passes by


the inflation takes uh its place and uh ya the cost will be inflated up lah, that's where having an investment investment in terms of property in terms of stocks and shares in terms of regular savings plan which is is it is a good way of uh doing investment rather than you keep it inside the bank


zero point zero point zero two five percent what's that, it's , it's so it's so ridiculous you trust bank because the bank has a shop there you don't see this investment you think investment maybe cause people's


investment also they are tied down under MAS MAS regulations also government ministry of uh monetary of singapore sorry, so basically everything is


uh in fact, uh insured in a way or two, so, at the end of the day I think ya lah uh, my take is investment should uh should occupy a big percentage of your whole wealth


if I can have it maybe I would want, eighty ninety eighty percent ninety percent of my wealth on investment where at the end of the day, you you you park your money there you don't realise it you have enough for you to spend every every time


but those investment eventually will reap reap it dividend no ah in terms of anything that makes money you plant and make money, long term not short term long term alright


part three negative experience


, yes very negative experience uh with regards with regards to myself since you are asking at work


where, you are being truthful to your superior, and at the end of the day instead of, uh


instead of him being understanding and uh accepting your sincerity, in fact you end up being penalised


and felt not appreciated and uh at times being disgusted in front of people where he, tell you off uh with regards


to, you are such an experienced person and uh and you still uh do such a mistake a mistake is still a mistake ya it's how you recover from it, so at the end of the day


let uh it will eventually if for example with regards to this experience it will it will eventually lead, to the your the people under you not uh being truthful with regards


ya that


ya where I face uh a lot of a negativity with regards to being promised of promotion and at the end of the day going through and giving your


best and uh knowing that everyone knows that you put in your best effort and they need you there but due to certain circumstances, and it's beyond that personal that person that individual is because of some external factors some people just don't like the way


you are or ya you can be just so negative, so that working politics is actually very negative and very uh acidic very disruptive


even uh uh, giving uh your best won't, won't lead to a positive uh outcome


is it it it's more of more of negativity see that's why you have to see, who your immediate superiors are and who are the those people who determine how well you work and how they gonna appraise you


[orh] maybe you can uh explain further


train station you mean


ya when we went out from the train we looked around she was nowhere to be seen in in in fact uh she was amongst those people around us but it's just because there are too many people around


she walked past us we didn't realise it also, the only way for us to uh, be together is to hold each others hands and,


ya luckily she was found but unfortunately while while, I was holding our younger boy


not the same day the same moment in fact where after after after the the scare the fear of uh losing your mum suddenly I realise my handphone was gone , basically I'll I'll uh


I was so, confused and puzzled where the phone had been to in fact I believed I was being pickpocket pickpocketed while I was holding our to our younger boy he was a


they basically they are so experienced uh pickpocketers where it they they work in groups where there will be one person will be pushing from the back


and the front person will just stand there uh stand still there to cramp up the crowd and while I was trying to pull my son out from that, squeeze, and I turned out and I turned out and I tried to move out of the train that's that's the moment that they did the pickpocketing (ppb )of my handphone


(ppc), and , ya and it's and furthermore it's jeans where down there we use all tight because to keep us warmth it was during a winter season


and they still manage to pickpocket deep and tight, jeans pocket and and, that made us fearful throughout throughout our holidays in fact it's spoilt the whole holiday


, unfortunate unforgettable unforgivable and


if if you think singapore on or or, in fact malaysia police is bad I think down there the police is even worse they can't even bother about what happen to us, and you and to them well you lose your phone just just claim insurance you'll get back one but they never realised that the contents of the phone


it's actually the the thing that is priceless and that's where you shouldn't, store all your, pin codes your passwords in the phone, even if you were to you have to put it under uh


lock and key you have to put it put those passwords under a password don't just get it easily accessible, and to go through the hassle of uh contacting google contacting banks contacting uh ya basically spoils my whole holiday


experience and after which everybody is like an enemy is like a pickpocket to us that that is one of those experience next one was your your brother got hypnotised


that that's in London where, uh he was easily being hypnotised with regards to think two hundred pounds out of a uh by by the street uh magic done by the those uh


eastern european culprits where if I didn't realise it I think he would have given the whole chunk of money to to him, and that also


made us uh in fear of being chased by them when we when uh your sister-in-law managed to grab hold of the money back


are you there


and and I I think I don't want to go back to Paris anymore, it it I I I can be stereotyping lah but the experience really tormented me it was really a bad experience


ya basically cakes, or chocolates, eh eh you would, it will it will invite ants all around the house and eventually they will create nest I think that's more of your concern


, the house rules is so strict and uh, very stringent and very difficult to abide to at times


, and that we are talking about negative list I think you are very negative with regards to that you always think


ya it's good to be negative at time, but cannot be so pessimistic uh being too pessimistic you can't even make the next move you can't make it you can't even make your next step you be so conservative


of course donald trump


I get disgusted with him knowing his, fellow citizens going through plenty of deaths get so infected by this COVID virus and yet he's talking nonsense day by day and in the initial part he just refused to use


uh his mask moving around meeting people, and after he didn't and after that that incident where his I think one of his right hand men I can't remember exactly uh being contracted with COVID


through the brazilian prime minister if I'm not mistaken where they had some meeting, until then also still he was a bit uh he was reluctant to use, and uh, now only recently you mean what not using mask is good example


ya that's why I said I'm being disgusted his his citizen dying of COVID and he's down portraying such a, bad image such a positive uh negative image what is he trying to do


people here trying to, fight for their life and he's down there laughing away, and he's making jokes with regards to the the cures for for this COVID uh virus or sickness


then uh at the end of the day he calls for the country to open up when the situation, haven't uh didn't uh, ease off that period when US started their opening up all because of economy and all because of his reelection where if he prolongs


the the people is uh majority of people they won't uh, wanna stay in their houses so they they when when he say open up


he encourage people not to, stay home and people who don't stay home that's where the the spike up back or they call it the second wave happened and I think


he don't set a good example everywhere every everywhere in the world, people are telling him off and he don't even bother, that disgust me so much lah I never look up upon him anymore he's just a clown to me


in fact in fact this this uh pandemic that we are facing now instilled, a fear which I never thought I would ever have the fear of being


out of job retrenched, where initial stage, the industry itself uh forecasted or basically the world forecasted it won't take long before we recover but a pandemic is still a pandemic the previous pandemic we the world had faced was in nineteen twenty one where the spanish flu


it took two years to recover and I believe, we might eventually take thereabouts about two years before we can really recover from it but uh maybe with regards to the vaccine


it might be out maybe say around half half a year's time because now some of the companies are on a third phase of clinical trials so


uh there are there are plenty of waves already now don't know what wave we are facing now, if if singapore goes to a second wave we will crash, we are currently facing recession already


, uh basically people from out overseas ah where there is a chance of them having COVID


got infected with COVID and they get to pass through ya they pass through they will go for swabs stay home notice all these ya true but there are cases imported cases being announced daily now


and ya if they are not uh properly managed, it a second wave might happen, , ya it the this uh swab


is at times first swab second swab the third swab sometimes it happens so you can never be it can never be uh foolproof, doesn't mean a first swab clear means clear you have to go a few swab some some people it will take some time before the virus emerge so it's still a question mark


with regards to this virus lah so I think ah we have to be safe and uh not uh, just uh not take things for granted ya


positive experience, part two


ya ya can go ahead


ya COVID COVID as usual is holding back all the activities we do in life so basically we have to stay positive and uh


enjoy more family time in fact is a positive experience lah in with regards to that being caged up in the house and uh, uh you have more family bonding time and more educational time or with


regards to uh using technology to communicate around with friends with relatives with loved ones with parents even my parents also start to maybe learn how to use technology more than before more than ever


ya and for the kids, uh with regards to learning how to use technology with regards to zoom google voice, in fact uh maybe it will be later on in life later on in the phase of life on


their phase of life but now it's all being brought forward so it is a still a positive thing, it's uh forward learning, ya and uh in fact now they


know how to look for us and video call us every time, , so at uh and at the at the end of the day,


ya every year travel nowadays it we have to put put that to a stop for the next uh few few years until we have a chance to, travel again once more


but uh I think what what what is the best travel experience you had in your life, to which destination that we've been to what what do you think is the best


well the the the second honeymoon ah, just two of us just the two of us and the view the view from the top was magnificent


no no no words can describe the, the features the natural features of the world one of the wonders of the world in fact all the atolls all the islands because we had we had to travel by uh sea plane to


it was an awesome experience the sea plane without uh any air conditioning it's just the atmosphere air wind cold atmosphere wind from the windows of the sea plane which


uh being being an engineer myself I never imagine that that uh a sea plane I can enjoy such uh wind uh basically atmospheric wind lah in an aeroplane


is is more


, uh short short short coffee breaks, coffee it is is just uh it's just more of to de-stress and let loose the whole tension of the day lah for for me is more of


uh at work, at work stress and for you it's more of uh managing and uh getting the housework done


so the what uh what the what do you think, uh, have you ever experienced something which made you realise that, there is still faith in mankind


any experience you can uh recall that happen, you can't think of any okay


you mean me uh with regards to, I I I I just threw you that question I can't really anyway never mind it's okay uh anything that you uh that made you


uh in life in fact what what the obstacles you think you couldn't achieve and at the end of the day you managed to overcome which uh with regards to adrenaline rush


, but but eventually you realise you made it you could you can make it not not is something that you overcame you overcome a fear eventually it become it became it became a positive experience where you say eh actually is not bad


you you, ya ya but it's rather than it's so negative now it become more positive right and from there from the first ride now you can afford to go for a second ride


eventually without without without you realising you are now taking more rides more even more challenging rides for example I to me my my challenge not say my challenge my the one that I feared most


is the Langkawi it was so steep , ya but inside my mind I was shaking but you you managed to pull through so ah it's all about getting used and overcoming your fear where eventually, it become it became an adrenaline rush the way down the way down


uh from the top to the ground it was adrenaline rush, where, ya but then again kids being kids they enjoy the rides and I believe it's more of their young blood for us I think as we age we


tend to be more conservative we tend to be more afraid this and that but good enough that ya we overcame quite a few things ah what's your proudest moment in your life then


just so afraid, you might be one of those who, couldn't conceive, is that your worry, I I I I believe every every woman will have the same thought uh


where they have that same fear can can I reproduce can I conceive but well ya you never know until you try it know, for me


ya uh seeing my eldest the first being given born by you I think that was my best moment in my life and until today I can never forget it the moment I see


it's a it's a she lah I see her came out and uh suddenly, if you got got bloated up and become that size of a baby


you in front of my eyes I think that was my proudest moment in my life being a father


and you like to praise your own cooking, ya but ya no doubt lah, at the end of the day ah it's all about


it's all about taking the first step if you think you cannot before even making the move you will never even know whether you can make it or not it's all about taking the first step have that experience


then you will know whether you are a good cook or not you are a good uh whatever lah whatever uh, profession you you can be whatever skills it can be it's all about getting the first making the first step making the first step and never say cannot never say this can never say all these thousand and one reasons


so at the end of the day be positive


we, in fact I I believe there are more things to experience in singapore I think which we always think we wanna


explore other countries in the world have you ever thought what have we not explore in singapore I think there are a few places the nature of singapore all the greeneries I think that should be one of those


uh, plans we should uh put in place with regards to in exchange to travel, for this uh pandemic period


well even if it does we as long as singapore is safe as long as the government is is controlling it well, I think it should be good lah in fact ya in fact uh with regards to singapore when


when we went out of control with regards to the dormitory, uh infection I think how we recovered I think that should be


still a good way and uh something positive and, to be proud of lah because I believe with regards to how you recover from a, fall of such a nature that makes you


stronger and uh it makes the world realise actually well they are actually doing well and, we are there and abouts with regards to one of being one of the safest country in the world with regards to COVID we should be proud of that in fact


ya


yes yes please continue, what what makes you blush at the end of the day


basically people praising you lah


ya but praise for something you you have done well you you shouldn't be blushed too much but maybe you're being overly praised ya maybe you you will eventually blush lah


again, for me uh, being an engineer myself which I never foresee and uh thought of because since young I was all away thinking that I wouldn't end up in an office and I


wouldn't end up eh in a sweaty environment, I will I have always dreamt always imagine that I'm always in the office doing office desk bound job, but in fact that that isn't what I want I just realise that


that the when I started work that isn't what I I like or love to do in fact I love to be moving around uh doing things sweat around is more of blue collar job, so and with regards to I'm an aircraft licensed aircraft engineer with regards to my occupation with regards to my job


I've never imagine maintaining, an aircraft and uh an aeroplane, because I I've always imagine when I was young I was always uh


thought how can an aircraft an aeroplane such a big piece of metal of a such a heavy weight gets airborne,


but after going through my initial interview and uh learn learning because before you go interview you have to get get yourself prepared so after doing so, then I learned that in fact uh the forces that acts upon


that uh object which we call aeroplane is the one that uh pushes it up into the atmosphere together with the engines that have the forward thrust so from there l learned and it amazes me


and uh in fact until date, I still love my job that is one of the best uh findings in my life,


so anything in your life that uh you wanna share with regards to best surprises or something that your proudest moment in life apart from giving birth lah, your best surprises in life


you have anything, too much too much there's you can share at least one lah,


but the best okay


ya can you hear me


finance alright, ah yes I've heard some of it from friends and relatives


okay uh right now I have not that uh I I've not take part in any of these but have read up about them


uh for example if you were to look at the insurance side we have the general insurance like for the motorbike insurance property insurance and travel insurance and also a very important part is the health insurance all singaporeans and PR you get the basic health insurance of the MediShield Life


which covers a basic public hospital treatments one can boost MediShield Life with an in and with an Integrated Shield Plan which gives one opinion to get treated in a better uh ward and private hospitals


yes so back to you trisha uh have you heard about any of this and what are your thoughts about this


(mmhmm)


okay as I have heard about the FOREX and buying stocks and all and uh through my research I've seen that these advantages of uh having investment right bonds provide the steady stream of income and certainly of cash flows, and they are they are also useful or for preserving once capital and can be used as a vehicle to uh investment or portfolio to help reduce risk


like for example the singapore saving bonds right the policy it's flexible because one can exit in any month without any penalties, however there are also a risk and uh considerations right uh when selecting when selecting a bond consider the coupon uh coupon rate of the bond and general level of invest or interest rates


bond prices will be affected by the uh credit quality and probably default on the bond issued, and uh for for this just now when you were speaking about the education bond right uh part where for the education policy and education enrollment insurance plan can cover you against the events such as death and in uh terminal illnesses right


and uh based on their riders you can choose your uh compliment on your plans you can get your premium waived in the events of any invest if if let's say if you can to any in uh accidents and all there will be a certain amount of coverage if you have an insurance


so uh besides uh this uh can you please more tell me uh can you tell me more about the advantages and disadvantages you know about the investment and


okay


uh if you were to ask me I will say yes it is because uh, uh you don't only make profits but then you can also lose out a lot of money this investment for example just now you told me about the advantages right


uh but then now I would like to highlight the risk can uh considerations right so if you want if you want to do an investment share prices are driven by economic and market are in and market conditions as well as the industry and company specific conditions


hence there is a higher degree of risk uh associated with share and than other forms of investment, the highest risk like for example the sharing market with the other company risk is uh company falls back and once uh and once shares growth as well so if we're if we're to see if you invest in a company


and if the company is not making profit and needs uh actually losing out more money you you can't see a written in in hand right so you'll be losing out as well, so uh one should construct a diverse portfolio to asset not uh uh concentrate a few types of shares


so instead of just investing in a specific company we should also uh look into others uh investment and to split our shares so that we uh because not all the companies will be making a fall in in the same time right so even if one of your shares uh


if you don't get a good return in hand you you can look at it the other one because other one may be making profits whereas the one which will you choose invested was losing out, so there will be a there so in this case you will not be losing or not be uh you will not be losing much does mean if you if you invest in few uh companies


so uh by investing you should be prepared to stay uh invested for the long uh periods to write up for short terms of uh, potentially longer gains so he should be uh we should be familiar with the companies including its business operations growth outlook financial performance and corporate government


so however if one uh investment over the five companies, I make a risk I mean uh make into a risk or what right only losing twenty percent of his money you still don't get bankrupt you see so if let's say out of hundred if out of hundred percent if you invested these twenty percent and this if you don't get this twenty percent in hand


you still got the other eighty percent which you will be making money, so uh if you were to see like if you if you to ask me personally from my research on these investment policies and all, if let's say for example you have just an example just one K and invested maybe uh twenty per cent of it in another in if you invest all the hundred percent in one company


you it's it's more like gambling ready because it's up to the company if it if it makes profits you gain back if you don't if it doesn't you don't gain any money back so uh, yes that's right ya that's what just now you told me about ya


uh so in conclusion we are just say investment means uh, it's more like uh is it like uh what do you think is it like more like a gambling or it's more like uh what do you think about investment in conclusion


alright okay thanks alright


okay alright yup


okay one of the situation shall I like talk is about terrorism one which happened in twenty eighteen when I was taking my O levels for the first time


because I'm a normal academic students I took my N levels and move on to my to one sec five to take my O levels experiences right I have to take lower levels and when I'm taking my O levels for the first time, because uh being a normal academic student and from being norm uh taking N levels the jump which is from N levels to O levels is really very huge so uh


I would say like uh maybe one two years of work it's covered in less than nine months and preparing it for O levels so throughout the one year it was a bit hard for me to adapt to the O level standards and perform well in my studies so normally like uh my strength is my math mathematics


so uh I thought I could do well in my mathematics and uh uh math mathematics during O levels but during my prelims when I saw my results I barely even pass the subject uh and it was just three weeks away from actual O levels


and I really felt like very bad I felt uh lousy I couldn't uh I couldn't think about anything that could cheer me up and perform well in my education right so uh, what I all what I just did was to study whatever I know and pick up points and all but these experience was something new for me because when I went for the actual O level examinations right when I said when I although I did my revisions for the past few days and weeks when I went to the hall


I the minute I open my paper I look at the question I experienced a mind blank and this happened to me uh continuous for the seven papers which are set during my O levels so I I I didn't know whether I uh whether I was uh prepare uh prepared, or whether I did not do my work correctly or didn't revise properly because I experience a mind blank


and looking at the questions were something really new for me, so uh, I just I just did the paper as much as I can and the time and after that after I did my paper we were, all my friends were like have feeling very happy and they saying like oh the paper was easy and all but I was the only one that uh who just went in the flow but deep down inside I know that I didn't perform very well because I experience a mind blank


so in front of them I also just like uh I just behave like oh yes the paper was quite manageable and all, but I didn't feel like uh but I knew I didn't do perform well, so uh, when during the O level result the day where I went to collect my result slip right uh I went there my friends all were excited to look forward the their results and all


but I was the only one who was afraid to even take my result slip but you know we I can't run away from taking my result slip right so I had to, I had to face it I went to the desk and I saw a straight uh I think I nearly almost I got


everything F right and that moment really made me feel uh very bad and I didn't know what I could do to to make me feel better, so uh what that experience really uh made me feel very bad lousy and all and I was quite down by it it was a really very bad


experience for me because uh it took me a few months to come out from feeling bad and lousy and all till the day I after that where you are helping out with me in my revision and all, uh I felt slightly better although the fear for this act when I took my O levels for the second time in twenty nineteen


when I went inside the hall I had the same fear and I was fear that I was I will get the mind blank again and all so uh but I just think positive I also I was I was able to do the paper well the second time but then till now I think, uh these wasting of one year taking my O levels uh was a very bad experience for me because I feel if I did well during that year this year this time I'll be I could save a year in polytechnic already


okay for me if you uh I'll talk about since you talk about humans right like babies and all, uh if you have to seen the other side about animals right, in singapore we have this organization SPCA where they rescue animals and all so for me what I do during my free time is I read up about the cases and all right of many cases where people really uh they actually purchase a dog some of them actually uh adopted it from SPCA


and they didn't really uh take care of it in fact they made it uh worst for made a living worst for the animals they what abuse the animals by chaining them up and very tightly on the gates and then most recent case which I read about, this woman uh only fed her dog once a day and and that already made the dog uh


became aggressive and the dog went when the dog got aggresive right she she has she also behave an aggressive manner she actually use uh like in all those big rod stool and all to whack the dog and until the dog leg was even dislocated, and by reading up this type of cases uh I just feel like


humans we humans are not being uh the way we are supposed to be because in fact we should be caring about the things around us like even small things like plants animals and all we should be showing them the same amount of love as compared to human right


but where where some people really misuse these and they they even purchase the dog because they per they like that that specific breed and all, but then just because the dog is not uh obey obeying to their rules and instructions right they actually uh choose to be aggressive towards the dogs using uh violence and all


and in fact they're abusing the dog in a very bad way, not only dogs we can speak about cats and all about in all the animals in singapore and also by the land pollution right like for, uh taking up this marine when I read up about the marine industries and on


most of the where in ship where they got nothing to do so they smoke and they once they are done is smoking in a uh in uh instead of disposing their cigarette buds in a proper manner they decide to throw in the sea


and all so this is a form of uh, pollution to the sea and animals like fish and other animals which lives in the sea right they went they uh they get caught up by these and even they lose their life and these are also brings down the population of the specific animals like whales and all


because uh people are not being considerate because around us at uh almost mode around everywhere is uh there are living things even in the sea and all, so uh being considerate is something that I think it's uh it's it's uh something everyone should have


because like if you throw rubbish into the sea if you throw rubbish on the streets and all eventually one day someone will pick up if that person doesn't uh do their duty uh animals childrens and all may just touch there and get ill right, so this is something that made me feel very


angry towards the people around the world lah because not everyone are doing their roles uh for correctly lah, uh betrayed was like uh


in secondary school where you go out with your friends and all I think in secondary school going out with friends is normal right but then when when we choose to do adventurous things and all uh, the thing that tell ah what our friends all we come to a conclusion like okay we all do it together and if we get caught we all just take the blame we take it as a whole group and all but uh there was once when


uh I went out with my friends after school we were we were actually playing soccer, at the streets right so one of my friend who decided to play with his lighter I don't know why he had the lighter in his first place uh he he's start to play the lighter he sprayed the gas then he took his body sprain on he started spraying around the uh basketball court right so uh


there was a rubbish bin next to the basketball court which caught on fire so residents took photo and videos of it and so called the police than the police came over and it was a police case and school case at the same time so uh


in that case because uh when all of them were the when the fire was up none of them are just to do anything so what I decided to do is I had to go and uh, uh kick the dustbin pour a bit of water just take the fire out because I don't want things to get worse but then when the report came out when we all were writing our our investigation later and all right


everything they all said that uh it was my idea where I decided I instigated my friend to light up the dustbin and see what happens and all, so uh that was the only moment where I felt betrayed because I I got blame for something that I didn't intentionally do and


these really uh make me feel really betrayed because all my friends are very close to me and after this incident I I decided you know move away from them because I feel like if I stay with them more I'll be betrayed even more ya


uh yes I'd uh being betrayed and all right I feel like it's uh if you will come out of your own decision choose your friends and the choose to hang out with people who are around you right I think you wouldn't experience uh very uh do not trust anyone


overly ah like even uh your friends who are being very nice to you like help you go out pay for your food and all right although they are showing some kind act right uh I think there is a, there is a limit to being uh to to trust them and all also because you will never know when they decide to change and betray you back right


so uh it's more about you choosing your friends and uh trusting the right person in a in a limited way ah


okay


yes, yes I do like to travel because uh it gives me the


this opportunity to explore the world, and you have so uh can you please tell me more about your positive experience in your travelling part


uh okay uh I think for the indian trip I I got nothing much to say because I was very young and most of it I cannot I don't think so I really remember but then the one of the, trips which we had uh literally uh give me a very good uh positive experience was the trip to malaysia we actually drove up as a family three cars to Genting highlands


okay that okay that trip was uh really uh uh unforgettable one for me, because uh firstly when we all went there we're all super tired and all because after a long drive from singapore to Genting right uh we were also tired but then after reaching our place uh checking in the hotels and all the minute we stepped into the


uh what's they call indoor theme park and outdoor theme park I just uh we all just fell like are like very energetic, I don't know where are we were all super tired by the minute we saw the theme park we all also excited to play together and as a family I think there was a very good experience because even our


my grandma who is like very old she took part as she also played with us in the theme park alright and that was a very unforgettable memories for me, so uh this uh this malaysia trip which you would ask me about this Genting highlands trip we had a lot of good memories not only by playing not only uh playing the theme parks we also visited the strawberry farms where they really planted strawberries and we could purchase we can we could


purchase the strawberries ya from the farm, so uh, uh besides travelling very far right I think in singapore and the countries around singapore there are a lot of places where we need to explore, more and this is one of this one this one of the trip which I think uh I'll never forget because it's filled with good memories ya


oh yes


yes because the buildings and the all these all the uh piece of arts which they had around, really made us feel like we were not in malaysia for a moment, ya


okay the most rewarding one is uh where I got the education award from the is, MOE uh that was a very uh I can I like a very unforgettable one for me because uh throughout all my difficult years in studying in primary and secondary school


uh that was my first award which I got it and they gave me cash price for studying and for achieving a good result, uh uh that that was a very good experience to me because I I not only meet myself feel proud I also made my parents and family members around me


to to feel proud for for what I've achieved, and I'm assure that you were there also during the awards ceremony uh where where where we where I got the award and making my family have a big uh big smile and we also had a mini celebration after a later in the evening for the award ceremony


and besides uh besides our besides my own achievements and all I think wherever we, go we should help everyone around us I mean not everyone but then those in really in need of it lah, like for for the small like the small action which


if you do in the MRT where you see a old person coming in or pregnant women you stand up and giving up your space that's a very that's also a good deed which you will never forget because you don't you don't really uh, look forward to getting something and reward but it's just a action and developing a good habit in your which will which will be uh part of you throughout your older age and all


ya, actually uh for me I personally feel this uh this just makes me to be a better person because uh


okay I can't really remember anything that happened recently but if if I'm not wrong there was once where, uh I was about to give my seat to one person in the public bus right and and also another small boy who was a primary school guy he's I think P one or P two


uh he gave up his seat to her he wanted to give up the seat to the same person I wanted to so uh I believe that these have been taught in uh people just uh learn it from seeing other people right so if you if you


if you do if you do all the good things around you like giving up seat uh most probably you will inspire uh small uh uh children who are looking at you and all, so they will they will be inspired to be like you one when they are in our age or end up and, when they feel like they are more mature to give out the seat and all lah ya


(mmhmm)


yes I mean that I


uh okay I'll tell you about the, place where I would like to relax the most at right, uh because I'm sure you should know that I am starting at uh singapore poly taking nautical studies course right now and most of the time I my lessons are conducted near the sea areas near poly marina and all so recently I've thought about


uh like places where I relax where normally where the time where we relax is like we go out with our family relax with our family and all right, but besides that I feel like relaxing near these uh beaches uh near the beach uh somewhere near hearing to the wave sounds and all that


is a very uh it makes me it makes me just uh have a very peaceful mindset when I'm there so uh, one of the time where we when I went to poly marina during the afternoon around late uh around one PM you know my friends and I we decided to buy food from the shop next that we actually wanted to eat there but then


since because of the COVID and all they couldn't let all of us to enter in and sit down together right so we decided to uh take away the food and go to the uh along the shore then just sit down there and eat, and while eating right there there was uh that was the only time where my group of friends right none of us actually interacted with each other you know


uh we were just concentrating in uh hearing to the wave sounds we were just eating and and we just relaxing so at the end once we all were done right when we were going back for lessons uh I just went up my friend asked like, uh why why suddenly when uh when we all are eating we all like didn't uh interact with each other and all like like usual


so uh this specific friend of mine told me that , ever since he joined this course and he's and the sea and all right he just uh feel like being in the sea and listening to the sound of the wave and feeling the wind and all right just makes him to relax more and forget about the bad experience that he had in in his life and all


so uh I feel like, going to the beach uh sitting along the shores and all just makes you develop a very relax mindset and eventually or if divert having a relax mindset will will also made you have positive thoughts and doing doing positive things around you and to the people around you right


instead of instead of making you stress and holding the stress in your which world eventually make you uh be down emotionally mentally and all it just by visiting the beach it in it may be a cure to some of us right


okay just a developing a very good mindset lah because we can't really see what's happening around us we don't know who is uh ill who is not ill and all so by developing a very uh good mindset and being brave


just by just being yourself do not do I do not have to worry about going out and feeling worried and all as long as you follow the measures which our government has ya put like uh safe distancing wearing a mask wherever you go, and ya I'm not in the MRTs and public transport not communicating with people who don't know and all these uh by following such small a measures right you can also


uh you can also uh think that it's a better future, because if you are brave and you have a good mentality you don't have to worry about how you will be uh affected by these COVID measures and all lah for example ah uh in fact you'll be just you'll be just living and thinking that the future would be better so it's all up to your mentality


if you to ask me ya anyways so how about you what do you think about this


alright alright


okay so Lakshen have you heard about uh investment strategies


okay so what is your, uh thoughts on uh investment strategies and do you have you you yourself uh engaged in any investment strategies


(mmhmm) (mmhmm), (mmhmm) (mmhmm)


ya certainly of course I have and uh yes uh talking about the investments uh I mean like insurance is a very good form of investment because you get the returns uh but it's not so immediate though but then it's on the long run


and some of them have actually been like a uh the investment returns are actually uh given back like uh upon death or severe disability and all that but nowadays the invest I mean the insurance policies right that we actually pick up is like


depends on uh what are our needs as well, you see for example like what you mentioned you know to get a better ward uh and better treatment at hospitals okay this insurance that uh you take with uh this kind of uh policy right a riding policy right


it actually helps you not to place any deposit uh when you actually uh get admitted in hospital so like uh, we people can actually even like people from like , a middle income group right we can actually uh a seek


treatment or consultation at private hospitals as well because these uh these, uh these policies will cover all these private hospitals not only uh the government hospitals so when you go to a private hospital of course you can have the luxury of what do you call uh


uh staying in a one bedder and all this and without bringing up any cash upfront previously if you were to compare right uh previously the lower end , lower end policies right will actually will ask you to make the payment first for your treatment


so you will have to make the payment for your treatment everything then you have to get the bill the final bill and everything then you submit then they will actually will give you back your uh claim and all that, so but nowadays it the claim is already upfront so for example if it's already been covered for about up to thirty thousand right so you don't have to let say the


the treatment cost like whenever uh especially when you go to a hospital and all that you will see that uh before you are admitted they will actually will give you an average bill which means that in that bill right they will roughly will gauge, how much is your uh how many days you are going to be staying in hospital and how much your treatment is going to cost you and all this so let say if the average bill size right is below that thirty thousand which is already covered by your insurance you do not need to pay a single cent upfront


alright and uh let's say if it is, uh more than that right if let's say it's thirty four thousand it's just that the four thousand you will have to pay upfront and then later you claim it up uh from your insurance because like those uh on the level of uh coverage that you have


and recently there have been a lot of changes you know Lakshen on the insurance plans as well alright uh where the critical because like of the COVID-nineteen situation and all this a lot of , uh what you call uh a lot of changes have come up and so it is always very uh very uh important that we actually uh what do you call uh


keep up with the new policies and see what are the changes in insurance other than insurance because and I also understand ah Lakshen that uh, apart from uh just medical plans right there are some that uh insurance where actually you can uh take up to uh get a payout for example education policy alright so currently there are policies where they actually give you


uh what do you call uh payouts on regular terms which means for example uh you actually take out this educational plan, so upon like uh five years or six years or when the child is like uh approximately about seven eight when the child is in primary school there is a payout then another the second payout is like uh approximately when the child reaches to the secondary school


and then when the child goes to the tertiary school so you can see these payouts on like uh on regular basis, alright and uh there are you see so these are some of the policies uh where the investment the money that you are putting in you can see the payout that is coming back to you on time


and apart from insurance alone there are a lot of other types of investments as well so have you have you heard about any other investments as well like uh, you know FOREX trading uh stock trading, uh buying stocks and uh and so forth


okay if you were to ask me about advantages and disadvantages uh if you were to waive off your investments right it's actually uh I would say


I would strongly encourage people to actually invest and uh but when you are investing do not put all your eggs in a single nest because uh usually investment right they actually uh, there's two types of investment high risk investment and low risk investments okay the bonds that you were talking about earlier remember like the singapore bonds and all these these are more when you say that you can actually uh have a very steady stream of uh


returns and all these right mainly it is from a low risk investment though alright low risk investment actually uh gives you very low returns, okay because the risks are low as well you see so when the risk is really very tiny or our of course your returns will be uh lower


and uh also it takes a longer time for you, to actually get back the uh returns that you actually want, alright and uh when we look at high risk uh investment these are more volatile though alright although this is like uh a very more for a much more volatile uh investment strategy but the returns are actually higher


okay for example if you are actually uh playing in a stock market alright so if let's say now you see if you can see that the gold price is actually increasing, so it would be a good time to actually buy , uh what do you call uh buy gold and for you to actually to


trade at much later uh period and all that and let let's see you know and there's also investments like the Bitcoins and then like the silver or the Microsoft and Apple and all these all these companies are also trading their stocks as well but now uh and


if you were to see you know during the uh politics uh I mean if you too because like every uh everything is also place uh a place a part in the uh investment okay the external factors are usually that will affect your


uh investment you have to know what is your this particular investment linked to, for example if you are going to be trading on a FOREX that is also kind of investment because you are investing your money to buy the currency pair and then to trade at a later uh later periods or to do it like a


almost like a almost immediately you know and uh usually you know if you were to look at some of the uh trading uh trading apps right, the those kind of platforms actually give you like a approximately within like uh within thirty seconds you can uh you can close a deal and everything alright but you have to know the background of uh what are the things that is going to affect your investment as well


for example if you're actually buying stocks in the oil and uh oil and gas industry alright so you have to see whether the economies of the worldwide whether is it affecting the , uh whether is it affecting the uh what do you call uh the oil and uh oil and gas industry and all that so if let's say you know that uh there was a point of time where uh one barrel of uh oil was actually selling you know for about a hundred odd dollars


and then uh the price actually dip right below, and then when there was uh what do you call uh there was war going on in the iraq and all these places because there was a demand for oil the prices actually went up


so you see you have to know uh and and you might ask eh it's just a you know oil what you know they're just going to take the oil and sell but what has the war got to do with the oil because the war actually affects the country that is iran iraq is where the most of the oil is being produced so you they can't people


the uh people from the US or the other countries they can't actually get access to get the oil and then they can't get it out and then the and a lot of uh oil wells were actually destroyed you see so these are the external factors that actually affect the prices or the


the currency rate of malaysian ringgit and it just drop like that


so these are the things you know that will affect our investments so before we do our investment right we really need to uh check the fundamental and the technical aspects of what are the uh aspects that would actually affect or


uh how well would this investment be how wise is it is it actually to do it do you think investment is more like a gambling thing


(mmhmm) (mmhmm), ya


ah, (mmhmm), (mmhmm) okay


(mmhmm), okay so that is something like uh putting your eggs in different uh nest lah, ya


okay and I mean like uh you could also consider DCA you know okay DCA is actually uh what do you call, uh you have this like for example you said you have one uh one K of investment, so instead of just throwing that one K right into the investment straight away on day one itself you can actually make yourself as regular interval so I will put in two hundred dollars on uh day one


and then on day seven I will put in another two hundred dollars and then you know on uh day fourteen I actually will do another uh two hundred dollars, okay this is actually something to uh backup like uh what do you call you know they always have this thing called about you know time in the market versus time uh


the uh timing the market alright this is more like uh you you know you can actually do timing the market because like when you into when you uh when you put in your investments in intervals right you can actually, read the uh market


uh market more better and it's like uh it's like you know uh planning your this thing and uh I mean like it's also another way to cut loss as well, and uh I mean like I find that everyone of us every single one of us you know it's actually a kind of investor even those people who don't uh do any stocks and all that


they even when they have a uh a simple home loan that is also going to be uh like an investment because in home loan they have we have got like fixed rate home loans cyborg uh home loans and saw home loans, and uh gone are the days where you know we eh I have a home loan and then I stay with it until the loan uh ends there are people who are actually like refinancing their houses every two years or every one year after the lockdown period why because so that


they can actually take advantage of the lower interest that they have to pay so that is also a kind of investment also you see ya


okay uh Lakshen if you were to ask me in conclusion right I would rather say that the investment is a must for, each and every individual because we can't really just uh uh rely on our our what do you call uh our income alone


to survive in this kind of situation we really do need a passive income instead of working for money let our money work for us, yup, and uh I mean like uh other than that I think uh investment policy would


be a very uh a good uh way to actually grow your money, and I mean every young people even if even novices right you could actually uh get help from those financial advisors, and then uh go ahead to do the investment until you are really very very uh so sure of the market and uh you have got a very uh great uh financial knowledge that then from there you can actually do the uh investment from your end itself


negative experience, okay so Lakshen like we


spoke about positive things and all that so now thinking about you know like everything has got the pros and cons like that every everything has got its opposite so negativity, like what are the things that you think that uh


you know a situation where that it was so negative that you know you were like heartbroken, or felt betrayed or looked down by friends and relatives what is one situation that you know you want to talk about it


okay I mean like uh well it's already over but I hope it will you will actually excel much better


and I mean for myself right if uh the time where I have been heartbroken and , there are there are many situations lah there is in life where we feel heartbroken and uh we feel betrayed and all these so like uh I mean like coming back uh my major heartbreak was when uh


uncle Kacha passed away when uh I mean like he is being my uh my heart first husband like a, he was my love of my life it was really my first love and uh he was like, so uh so near


to my heart and all that so when he was actually, uh when he actually passed away, uh eight years back right uh I felt very betrayed, I was apart from being heartbroken right I felt very betrayed I felt betrayed that uh he actually like uh one person who actually loved me so much like uh just left me like that and uh he went off you see so like uh that is a kind of like a betrayal that


feeling that you have when , someone that you love doesn't uh exist anymore and uh that kind of heartbreak right , really uh kills you from uh deep inside and for many years that actually kept me awake at night you know like all I all we


wish for is that you know that person might just magically appear and uh just be with us again so like, the and that was the period of time as well lah okay where I really felt that I wanted to give up everything


okay I felt that uh life uh I mean like I had no uh motive or I had no motivation I had no agenda to actually carry on my life so it was more like uh giving up at that moment and it was the the kind of like a ultimate give up


so it's like uh not I could not like uh relate this too much people and uh people would not understand it from my point of view as well, so that kind of uh heartbreak that kind of, pain is totally a very different kind of prey and uh that also made me learn that you know like uh we should always like


express our love express our feelings express our love to the people, around us okay there is uh no points of uh vengeance revenge and all this uh in life you know anger yes of course we do get angry with people that we love or like uh the people closes to us but uh


what happens if this is today is my last day you know what happens if I do not wake up tomorrow all these thoughts actually uh run through my mind and uh I always like uh like to say to other people that I love you know I always like to tell them I love you I miss you


and all this and even if you were to ask me right uh what would be my last word if let's say if I'm going if I'm not going to wake up tomorrow and uh if today is my last day, I would definitely will tell the people that I love okay I would tell you people that you know I really love you people


and uh the love that I had for you the care and the concern that I heard I had for you is a genuine it was hundred percent and uh I would do anything within or even beyond my means to make things all good for you guys


alright and yup uh so Lakshen, you want to tell me more about uh things like what have made you like very angry with the world Lakshen, you know being angry with people is one thing


okay but being angry with the world the whole society the world you know like that is a different thing so that kind of anger is like a really very big right so what makes you like feel like that if you were to ask me for me the when I felt that uh my anger with the


world is like whenever I see uh children being abused you know the child abuse cases around the world and all this you know there were a lot of cases where you know like a pedophile cases and uh young babies being raped around the world


and our children's being abused and by their own parents even and all that right, that made me really be very very angry with the world because it is really very unfair if you're doing it to an adult right it is a different feel a different thing because the adult will be able to defend for themself and all that but when you do it against children


it's like they are so innocent they are so naive they trusted you and all that then you betray their trust and in the end you actually even uh you even hurt them you know so like that makes me and the world around them is like a not


doing anything to put these people away or to avoid this situation and all that that is why I felt very angry with the world what about you Lakshen


okay have you ever filled felt betrayed Lakshen


(mmhmm)


ya I mean like uh for myself I felt betrayed with one of my very good friend I mean like uh for me I always valued her friendship you see and there was a period of time where she needed financial help and uh I did go forth to help her financially at that moment


but then uh when it came to actually, returning the amount that she actually borrowed from me and all that, like uh she started to behave uh rather rudely, and uh you know like uh did not pay me on time and all that


so what I felt was you know it was not the matter of that money I felt that it was actually like uh, what do you call uh the trust that I had in her you know that uh she would not uh do such a stuff and all that that trust was broken and that is a kind of betrayal that I felt and and