There is this show on Singapore Channel U that is my staple entertainment when I was waiting for my TCM doctor.
Voices 听我说 is a show where the 2 hosts bring a panel of guests to discuss a particular topic close to heart of Singaporeans.
And in last week’s show, they discussed about money.
As seasoned readers of Investment Moats, a lot of the concepts won’t be new to you.
However, I do find myself surprised by people’s willingness and philosophy when lending money to good friends and people they do not know. Particularly, the seemingly most rational money thinker in the groups would be very cognizant about what they purchase, but would lend a 4 digit sum to a stranger and not get her money back.
Daniel Tay of Freegan fame also made an appearance at the 34 min mark when the discussion tilts towards the guests attitude towards this lifestyle. Desmond Koh rightly points out that people are exchanging their time to gain things free. It is still work.
But I believe they have no idea the extend of free things we could all find.
In the discussion on entrepreneurship and being an employee, I tend to agree that starting a business is not for everyone, and there is deeper discussion on whether the need drives the business, or profitability. However, it seems people have a very skewed idea that people lived paycheck to paycheck if you are an employee.
Overall, this will probably entertained me more than the budget 2018!
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
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Daniel
Friday 23rd of February 2018
Yes, it's still work.
Colin used to say that he can teach piano for $50/hour, or dumpster dive for retail value of $1000/hour. Sometimes more.
Kyith
Friday 23rd of February 2018
Hi Daniel, I remember that comment from him. However, it depends whether he really earned $1000 an hour.