“We really must understand that the lust for affluence in contemporary society is psychotic. It is psychotic because it has completely lost touch with reality. We crave things we neither need nor enjoy.” -Richard Foster Over the years working as a doctor, I realize that the most important commodity in life… Continue Reading
“The reason that man is seldom satisfied with his salary is that when it increases, he increases his expenses.” Yes, finally the year 2020 came to an end, it was a tough year for many of us. 2020 also provided us a chance for deep reflection what has gone wrong… Continue Reading
“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.”Ayn Rand I am going to tell you a truth, it is certainly better to be wealthy than poor. Your friends might tell you that wealthy people have a lot… Continue Reading
“Instead of worrying about what you cannot control, shift your energy to what you can create.”― Roy T. Bennett The year of 2020 might be the worst year in life for many due to various reasons. We as Malaysians were barred from travelling overseas, our country was in the lockdown for… Continue Reading
“The desire to perform all the time is usually a barrier to performing over time.” – Robert Olstein As a reader of this blog, you most probably should have known by now, I am a three-portfolio Boglehead index funds investor. There are only three ETFs in my portfolio- VUSD (… Continue Reading
Buy and hold forever, that’s the only strategy you need investing in ETFs I should be talking about how to do this a long time ago. We have learned to fund IBKR (Interactive Brokers) from Singapore and Malaysia, now it is time for us to learn how to withdraw money… Continue Reading
Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one. –Benjamin Franklin I make some changes to my monthly financial calculation. Before this, the income I receive was my gross income before taxes,… Continue Reading
Those who die without being forgotten get longevity.- Lao Tze Working as a physician gives me the privilege to see births and deaths almost every day. Mitch Albom once said in his book ” Tuesdays with Morrie“- The truth is, once you learn how to die, you learn how to… Continue Reading
Men who can both be right and sit tight are uncommon. -Jesse Lauriston Livermore Can you make money by investing during a bull market? Yes, of course, you can provided your investment horizon is long term ( at least 3-5 years) and you do not invest in individual stocks. Warren… Continue Reading
“The one who hugs a debt also shakes hand with a danger.” ― Amit Kalantri Yes, yes, I am not supposed to tell you about credit cards. The very first thing you learn in personal finance, credit cards are bad for your financial health. But having said that, you actually can… Continue Reading
