My Kids Keep Me Honest About My Finances

 Having a lot of deeper conversations with my kids recently especially about them growing up, what they should study, what they should aspire to work as, what their life goals are.

Yet the way I see it, it is their curiosity towards how I have succeeded in my career and my own learnings and mistakes, that help keep myself honest about my finances.

I want to earn more money to live up to their expectations of how rich I am.

I want to invest well enough so I have something to leave for them, and gift to them.

I want to invest in enough stocks so I can talk to them about what they will ultimately inherit from me.

I want to earn so much money that I have the liberty to pay for their school fees, even when they qualify for overseas schooling.

I want to earn so much money that I can realistically walk them through large investments I make and they get to experience these processes first hand through me.

I want to earn so much money that I can gift them investment accounts that they can invest themselves and see the pitfalls themselves.

I want to lose less money so I do not feel the aches of losing money that could’ve gone towards my goals for them stated above.

I want to lose less money so I do not label myself a compulsive gambler.

These are the things that keep me honest with my finances and investments.

I really want to do and be better for them both.

Barolo

  Learnt on my last CPH trip that this brand is among the more expensive wines in the world.

Definitely worth considering an investment.

First Berserker Rage Of 2025

 I went crazy.

Just threw money at NASDAQ KO Options on IG Markets.

Ended up losing 18K.

Such a damn shit stain to a stellar year in profits so far.

Damn man.

Dunno what got over me seriously.

Argh this is really so damn frustrating!

Reverse Berserker Rage II

 Wow.

Second one for the year.

Basically a reverse rage is that I make a HUGE pile of money trading/gambling, then proceed to lose it back to the markets BUT still end up in positive territory.

This is super irritating and feeds even more so to the what could have been scenario like if I hadn’t bothered touching my trading with stupid itchy fingers after my jog, I would’ve been waaaaaaaaaay positive.

Now I’m just a little positive.

Damn sad.

This time round I had an early lucky session with the NAS100 index and was up about 20K, then itchy fingers after it to go into negative territory of -5K, and finally came out positive with a +4K.

This Trump and his tariffs.

Absolutely ridiculous yet so good for gambling in the markets.

Sigh.

Is Black Monday Coming?

  So I posted about Liberation Day, April 2nd coined by Donald Trump sending out tariff to rest of the world and kickstarting the Tariff Wars.

He basically announced tariffs on the whole damn world ( even Singapore got 10%!).

So the following days the markets tanked badly.

By last Thursday the US markets fell 5%.

Yesterday night, it fell another 6%.

There is so much fear in the markets and this time really feels different. All the Mag7 stocks are so hit by the tariffs our iPhones will probably cost $5,000 soon and as the world slows, people will use Amazon less, advertise less on FB/IG. No one is buying Tesla anymore. Who needs anymore AI chips, yet AI is decreasing Google searches.

I fear the world is realizing it all this weekend. Or is it just me that sky appears to be falling?

Worried about my already trimmed portfolios and the amount of extra hurt coming my way.

Singapore is in for a very tough time ahead. 

I need to think about better pivots.

Maybe an opportunity is on the horizon.

Stay safe and huat ah!