[Post 197] Living In An Airplane In The Woods For $370 A Month | Unlocked

Summary

Bruce Campbell, 73, lives in a Boeing 727 200-passenger jetliner that is 1,066 square feet and weighs around 70,000 pounds. He bought the plane for $100,000 in 1999 and spends $370/month on property taxes and electricity.

Unlocked is a new home tour series focused on how much people across the U.S. spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

[Post 196] How Drinks Helped Dunkin' Become a $9 Billion Empire | The Economics Of | WSJ

Summary

Dunkin’ started out as a small doughnut-and-coffee shop in Massachusetts in 1948 and has grown to over 12,000 stores in 40 countries. WSJ’s Heather Haddon explains why the company chose to focus on drinks – not doughnuts.

[Post 195] How I Earn $6,500/Month In Passive Income | Fired Up

Summary

Amberly Grant, 34, vowed to be a millionaire after reading her first finance book at age 15. Then, in college, she discovered the FIRE movement, which stands for financial independence, retire early, and began working toward her dream of retiring early. Living in Denver, she was hired as a full-time project manager, started investing in real estate and launched a financial education side hustle. Today, Grant has accumulated a net worth of $835,000, and recently welcomed her first child.

[Post 194] China’s Bai Lan Vs Pro-996 Youth - Why Should I Work Hard?

Summary

In China, the ‘bailan’ movement - similar to quiet quitting - is about giving up on trying to get anywhere, and the motto of ‘let it rot’. It runs counter to the 996 work culture that’s a reference to the practise of working from 9am to 9pm, six days a week.

Zhang Yingqiu, 32, is an insurance agent who, though she stops short of working 996, agrees with its ethos of hard work being fulfilling. Wang Shuai, 26, is an escape room actor who does just enough at work to get by and believes in “lying flat”.

[Post 193] How Chip Giant AMD Finally Caught Intel | CNBC

Summary

Chip giant Advanced Micro Devices made history this year when it surpassed Intel by market cap for the first time ever. Intel has long held the lead in the market for computer processors, but AMD’s been on the rise since it acquired adaptive chip company Xilinx in February for $49 billion. Now, AMD chips are in two Tesla models, NASA’s Mars Perseverance land rover, 5G cell towers and the world’s fastest supercomputer. CNBC sat down with CEO Lisa Su to hear about AMD’s remarkable comeback, huge bets on new types of chips in the face of a PC slump, new restrictions on exports to China, and shifting industry trends.

[Post 192] When Will Inflation Finally End?

Summary

When will soaring inflation finally come to an end? Economists weigh what's ahead and provide their valuable insights into what's in store for 2023.

It's the question on the minds of market watchers, economists and consumers alike: When will sky-high prices fall back down to Earth? There are hints that the worst of the U.S.'s bout with inflation may be in the past. Still, some experts are concerned that the historic pace of interest rate hikes from the Fed, aimed at cooling down the hot economy, could spur a recession once the dust settles.

"It's probably going to be lower next year. How much lower is it? We're not quite sure. Inflation can be very hard to predict," Kevin Kliesen, business economist and research officer at the Federal Reserve Bank of St. Louis, told CNBC in an interview.

Watch the video above to find out when experts think high inflation could finally come to an end, and whether the U.S. will need to enter a recession to get there.

[Post 191] How We Retired Early With $540K At 40 In Colorado | CNBC Make it

Summary

In 2012, Debbie Emick received a series of troubling diagnoses, forcing her to retire from teaching two years later. She and her husband, Chris, then set out on a path of achieving FIRE — financial independence, retire early. An initial investment of $60,000 grew and they bought 17 rental properties from 2016 to 2019. That income stream allowed Chris to retire from his IT job in November 2019 after they accumulated $540,000 in savings and retirement accounts and $1.1 million in real estate.

[Post 190] I Bring In $144K A Year Driving Trucks | On The Job

Summary

Clarissa Rankin, 36, brings in $144,000 a year as a professional truck driver hauling an array of goods from diapers to TVs to canned goods across the East Coast. She owns her trucking business, JC Rankins Transport, and also makes money documenting her trucker life on social media, where was able to make an additional $36,000 in 2021.

[Post 189] How I Went From Prison To Making $150K In Orlando | Millennial Money

Summary

After being incarcerated and charged with a felony at the age of 16 for nearly two years, Marquis Mckenzie Sr. was hopeless about his future career prospects. The 32-year-old now brings in about $150,000 a year as a business owner and community organizer in Orlando, Florida

[Post 188] I Dropped Out Of College To Grow My Side Hustle - Now It Brings In $327,000 | CNBC

Summary

Justis Pitt-Goodson, 26, is a proud entrepreneur who got his start making clothing in eighth grade. A tutor gave him a sewing machine, and he began creating bow ties for himself and his friends. He attended Rutgers University in New Jersey for two years before dropping out to focus on fashion. With the help of high school classmates, Kwaku Agyemang and Taha Shimou, Justis officially launched BrownMill Company in Newark in 2016, and five years later it was bringing in about $327,000 in sales.

[Post 187] How I Saved $380K By Age 29 To Retire Early | Fired Up

Summary

Super-saver Tanner Firl, 29, has saved close to $380,000 for retirement. He is part of the FIRE — financial independence, retire early — movement and has achieved his savings almost entirely through frugality. He estimates he is in the top 0.1% of most frugal people.

[Post 186] Bringing In $267K A Year With My Art Side Hustle | CNBC Make It

Summary 

Domonique Brown is a marketing manager by day, and an artist by night. She founded her company DomoINK in 2020 and has collaborated with brands such as Target, Disney and Bath and Body Works. Her side hustle brings in up to $267,000 each year and her day job $87,000 + bonus. She sells her art on everything from socks to laptop cases to sneakers.

[Post 185] Young bus drivers in Singapore on their seemingly "uncle" job | CNA

Summary 

They sometimes get called "Uncle" but they're 30 years old or younger. Bus drivers as young as 21 years old tell CNA why they chose this career and how it has evolved over time. 

[Post 184] Quitting Jobs & Moving Abroad: How We Retired Early

Summary

To many Americans, the idea of retiring early and moving abroad holds undeniable appeal. After all, who hasn’t sat at their desk and dreamt of strolling the streets of a new city or feeling Caribbean sand beneath their toes?

Here’s a look at three people who have made that dream a reality, and the financial strategies that helped them on their way to financial independence.

[Post 183] How I Retired Early With $3 Million At 36 In San Diego | Fired Up

Summary

Jeremy Schneider, 41, lives in San Diego and achieved FIRE — financial independence, retire early — at 36. In 2015, he sold his Internet company RentLinx for just over $5 million. In 2017, he retired from corporate work with about $3 million. Schneider traveled and played video games in that first year of early retirement. Then in 2019, he started Personal Finance Club, which teaches people learn to save and invest money. Since launching, the company has made nearly $1 million in sales. 

[Post 182] The Japanese man who gets paid to 'do nothing' – BBC REEL

Summary

Shoji Morimoto provides a very unusual rental service to his clients in Tokyo, hiring himself out in order to, quite literally, do nothing.By the way,this was adapted to a Japanese Drama last year

[Post 181] Tech Companies Are Cutting Jobs. Should You Be Worried? | Money Mind

Summary

Tech companies around the world are slashing jobs as fears of recession grow. Is boom turning to gloom, and what does it mean for the rest of the economy? 

[Post 180] Living On $32K A Year In Cincinnati, OHIO | Millennial Money

Summary

Aspeyn Langhals, 22, lives in Cincinnati, Ohio and earns about $32,000 a year as a veterinary physical rehabilitation assistant. Langhals helps dogs and cats rebuild strength and minimize stress on their joints due to age or surgeries. She's balancing her job while training to become a certified canine rehabilitation nurse. 

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

[Post 179] How To Retire With $2 Million On A $50K Salary | CNBC

Summary

Saving $2 million for retirement on an annual salary of $50,000 might seem out of reach, but it’s certainly possible. CNBC’s Emily Lorsch breaks it all down.

[Post 178] She quit her job at 30 to be a lor mee hawker - and fulfil her mum's dream | CNA

Summary

At the age of 30, Jaycee Du quit her public service job, took a 70 per cent pay cut and joined her brothers in the family’s lor mee hawker business, all in a bid to fulfil their mum's dream of expanding her stall. 

[Post 177] The Great Fall Of China's Housing Market: Who Will Pay The Price? | Insight | China Mortgage Boycott

Summary

In July, thousands of Chinese homebuyers threatened to boycott mortgage payments. Since the Evergrande Crisis, other cash-strapped developers have halted construction, leaving millions in limbo.

Over speculation left Chinese property market in jeopardy. Meanwhile, desperate homebuyers have moved into their unfinished apartments, making do without electricity and water. With echoes of the 2008 US subprime mortgage financial crisis, people around the world are closely watching how this crisis in China will unfold.

What is behind China's mortgage crisis?

[Post 176] China Millennials’ Mortgage Boycott: Why The Property Crisis Should Worry You | CNA

Summary

In 2022, Chinese millennial homebuyers took to the streets and social media to wage a boycott on mortgage payments, as their homes stood unfinished with financially-distressed developers unable to complete them.

Real estate and its related industries make up a hefty one-third of China’s economy. So, as #CNAInsight’s Wei Du explains, any property crisis would ripple out into the world - with reduced imports of steel and timber from countries like Australia and Indonesia, for instance. 

At the same time, the government’s moves to temper property prices have led to a decline in home values. It could mean that affluent citizens feeling the pinch would pull back on luxury spending and travel - a blow for countries counting on Chinese tourism.

[Post 175] Woman in Tokyo lives off power grid by generating own electricity | CNA

Summary

As the world grapples with the rising cost of power, one woman in Japan is unfazed by the global energy crisis. 62-year-old Chikako Fujii lives completely off the grid by generating her own electricity with four solar panels installed on the balcony of her apartment. They produce enough to power her few electrical appliances and light up her house at night. On a hot day, she just leaves whatever food she wants to cook in pots on her balcony for a few hours.

[Post 174] Ninja Van: He quit banking to build Southeast Asia’s next big thing | Make It International

Summary

Chang Wen Lai’s express delivery service, Ninja Van, is tipped to be one of Southeast Asia’s next $1 billion unicorns. CNBC Make It’s Karen Gilchrist met the 32-year-old CEO in Singapore to hear about his bold bet to go from trading floor to entrepreneur.  

[Post 173] Why is Singapore so rich? | CNBC Explains

Summary

Singapore is a tiny country, but it's managed to become an Asian economic hub. CNBC's Xin En Lee explains how the country went from third world to first world.

[Post 172] How I Retired Early At 49 With $1.3 Million In Ohio | CNBC Make IT

Summary

Jackie Cummings Koski lives in southwestern Ohio and achieved FIRE at 49 years old with $1.3 million. Koski worked at LexisNexis for 20 years earning an $80,000 salary, and reached $1,000,000 in net worth when she was 46. As a single Black mother, Koski says she tried to fight the wealth gap narrative at every turn because she knew no one could help her if she failed. She represents a population rarely thought of when it comes to financial independence and was thrilled to retire early in 2019.

[Post 171] I Make $100K Walking Your Dog In NYC | On The Job

Summary

Ryan Stewart is dog walker who makes $100,000 a year in NYC. He works around 6 hours a day, 6 days a week. After working with dogs for over 20 years, Ryan believes that he has become a member of a dog pack.

[Post 170] Why China's Gen Zs And Millennials Are ‘Quiet Quitting’: The ‘Bai Lan’ Movement | CNA

Summary

This is a short summary regarding the previous "Bai Lan" video

“If my boss asks me to do something, I’ll ask if I can do it tomorrow, or if someone else can do it." That's Chinese youths' ‘bai lan’ mantra of not even trying.

[Post 169] The Rise Of "Quiet Quitting"

Summary

"Quiet quitting" is having a moment. The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among Gen Zers.

Zaid Khan, 24, an engineer from New York, popularized this trend with his viral Tiktok video in July.

"You are still performing your duties, but you are no longer subscribing to the hustle culture mentally that work has to be our life," Khan says in his video. "The reality is, it's not, and your worth as a person is not defined by your labor."

In the U.S., quiet quitting could also be a backlash to so-called hustle culture — the 24/7 startup grind popularized by figures like Gary Vaynerchuk and others.

"Quiet quitting is an antidote to hustle culture," said Nadia De Ala, founder of Real You Leadership, who "quietly quit" her job about five years ago. "It is almost direct resistance and disruption of hustle culture. And I think it's exciting that more people are doing it."

Last year, the Great Resignation dominated the economic news cycle. Now, during the second half of 2022, it's the quiet quitting trend that's gaining momentum at a time when the rate of U.S. productivity is raising some concern. Data on U.S. worker productivity posted its biggest annual drop in the second quarter.

So, why is this trend on the rise? Watch the video above to learn whether quiet quitting is hurting the U.S. economy and how it's being seen as part of the Great Resignation narrative

[Post 167] I Work 3.5 Days A Week & Make $189,000 A Year | On The Side

Summary

Josh Ellwood, 28, quit his engineering job in 2021 to pursue his side hustles full-time. He realized that if he continued to advance in his traditional career, more of his personal time would be taken away from him. In 2021, Ellwood made about $189,000 from seven streams of income. Now, he works 3.5 days a week, and has made about $167,000 just this year. He lives near Pittsburgh, Pennsylvania with his wife and dog.

[Post 164] The food foot way: John Lui's on-foot food delivery challenge | The Strait Times

Summary

Foodpanda is recruiting more people to deliver food on foot. Over a hot and sweaty afternoon, John Lui sees how easy – or difficult – it is to deliver under his own steam.

[Post 162] Selling Coffee from a HDB flat at ground floor ?!

Summary

Ground Floor Coffee serves drinks typically found in a coffee house but in a whole different setting. Grab your espresso-based drinks and non-coffee beverages right out the window of this ground floor HDB apartment in Pasir Ris.

[Post 161] China’s Slacker Youths: Why They Went From 'Lying Flat' To 'Let It Rot' | Insight

Summary

“Tang Ping” or Lying Flat, was a 2021 movement that rejected the work culture in China. Now, it has morphed into the more extreme “Bai Lan” or Let It Rot. What behind this new phenomenon?

Insight speaks to some Chinese youths who identify themselves as “Bai Lan”. They are opting out of climbing the economic ladder, choosing to put in the bare minimum at work and coasting along. What are the reasons for their despondency?

And will this youth movement affect China’s economic recovery, even as it faces headwinds from COVID lockdowns and a property debt crisis?

[Post 319] How To Calculate The Intrinsic Value Of An Stock In 6 Simple Steps

Please use this guide along with the Intrinsic Value Calculator I have created

This is based on the valuation method "margin of safety" created by Phil Town depicted in his book "Rule One"

1.Find the Earnings Per Share(TTM)

Basically ,Earning Per Share is refer to the net profit of the company divided by the number of outstanding shares.TTM refer to trailing 12 months .

So put together,EPS(TTM) refer to earning per share for the company's last 12 month.This figure can be derived from any stock search in Yahoo Finance under the summary tab(red circle).

Source:Yahoo Finance

*Do note that if the company has negative earnings per share ,it means it's spending is more than it's earning or that the particular company is losing money.In short,if the EPS TTM is negative,we cannot proceed with the calculation of the intrinsic value of the stock.

2.Find the Growth Rate

Basically ,growth rate refer to the change of percentage of the company’s performance.

We will be using the next 5 year (per annum annum) under the growth estimates.This figure can be derived from any stock search in Yahoo Finance under the analysis tab(red circle) and scoll down till the growth estimates table(black circle).

Source:Yahoo Finance

Source:Yahoo Finance

3.Enter The Minimum Rate Of Return

A minimum acceptable rate of return (MARR) is the profit an investor expects to earn as a minimum from a particular investment after taking into account all associated risks and the opportunity cost of making that investment as opposed to other possible ones.

Recommended mimimum rate of return is 15%.

4.Enter Margin Of Safety

According to the investment idea known as the "margin of safety," a stock should only be bought when its market price is much lower than its underlying worth. 

In other terms, the margin of safety is the gap between the market price and your estimate of a stock's fair price/value. 

Buying assets while this disparity is present enables an investment to be made with little downside risk since investors may set a margin of safety in accordance with their own risk preferences.

Recommended Margin Of Safety is 20%-50%

5.Enter P/E ratio

The P/E ratio aids investors in estimating a stock's market value in relation to its earnings. 

The P/E ratio, or price to earnings ratio, demonstrates what the market is ready to pay now for a stock based on its current or projected earnings. 

A high P/E may indicate that a stock's price is excessively high in relation to its earnings. 

On the other hand, a low P/E can suggest that the present stock price is undervalued in comparison to earnings.

This P/E ratio can be derived from any stock search in Yahoo Finance under the summary tab(red circle) for simplicity sake.

6.Enter the Values gathered above In the Intrinsic Value Calculator, then click Calculate

Example as below using figures from Step 1-5(AAPL)

7.Buy when stock price is less than Intrinsic Value Of Stock and sell when Stock price is more than Intrinsic Value Of Stock.

*Do not sell if you do not own any stock(aka shorting!)

[Post 159] Diagnosed with cancer, this canteen stallholder fights on to tackle inflation and her illness

Summary

In Singapore, income growth has not kept pace with inflation for four in 10 people. Low-income households and baby boomers aged 58 to 76 are the hardest hit. Canteen stallholder Anna Ng who was diagnosed with cancer recently shares her challenges.

[Post 158] Living By The Beach For $420/Month In Mexico | Unlocked

Summary

Janet Blaser, 65, lives in a 2-bedroom apartment in Mazatlán, Mexico that's walking distance to the beach. She is a retired journalist and CNBC contributor. Unlocked is a new home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

[Post 157] We Left The US For A Cheaper Life | CNBC Make It

Summary

Travis Grossi, a YouTube content creator who runs the Café con Leche Travels channel, and David Simmons, Jr., who is a singer/songwriter, moved from California to Mexico and now save $1,500 per month. Watch this video to learn how.

More than 360,000 residents left California in 2021, in what some are calling “The California Exodus.” Many moved to states such as Texas, Arizona and Washington.

Some Californians are even migrating out of the country and heading to Mexico for a more affordable lifestyle.

[Post 156] 5 Youtube Channel To Watch Anime and Tokusatsu Legally For Free

Simply put subscribe to the following YouTube Channel As below 

1.Muse Asia

MUSE Communication Singapore was established in March 2019, and is a sister company to MUSE Communications (Taiwan).They own a variety of IP (Intellectual Property) for movies, anime, merchandising, production and distribution.We value our community and aim to deliver readily accessible entertainment to consumers across Asia & the rest of the world!

Here are some popular anime to get you started 

Spy x Family

One Punch Man 

2. Ani-One Asia

Ani-One, Anime for Everyone.Ani-One is a diversified Japanese animation content platform wholly-owned by Medialink Group.They have launched their YouTube Channel in October 2019 with daily upload of new episode,more content, more views and more subscribers will be lining up with Ani-One.

Here are some new/popular anime to get you started 

Black Summoner

The Yakuza Guide To Babysitting

3.Gundam Info

Welcome to the official GUNDAM.INFO YouTube channel.

Enjoy the world of Japan’s  famous and popular anime, “GUNDAM” through series titles, trailers, special contents and more!

For more information such as products, events, games and latest news, head to the official website!

Mobile Suit Gundam Seed

Mobile Suit Gundam Iron Blood Orphans

4.Ultraman Official By Tsuburaya

Here are some popular Ultraman Series

Ultraman Mebius

The latest series ,Ultraman Decker

5.Toei Tokusatsu World Official

This official Toei YouTube channel has a lineup of various shows, including “NATIONAL KID” (1960), Super Sentai Series such as “GORENGER”(1975), Metal Hero Series including “SPACE COP GAVAN”(1982), and robot anime such as “VOLTES V”(1977). (Please note that depending on the show, there may be viewing limitations in certain areas and countries.)

We will update daily to share TOEI’s TOKUSATSU with the world. At launch, we will have the first two episodes of all 70 shows available with English subtitles! Further episodes will be available in Japanese for now, but there could be frequent updates. We plan on making a public call for subtitles in any language.

Heisei Kamen Rider

[Post 155] Planning Right For Retirement, When You're In Your 50s (And In A Recession)

Summary

You’re about to retire in the next few years - but wondering if you have enough funds to last you. Has the COVID-19 economic recession affected your retirement goals? Should you try to ride the recent stock market rally to grow your nest egg quickly?

Muthu Kumar, 55, is worried about not being able to get medical insurance coverage at his age with a medical condition. Private hire driver Terry Tan, 56, talks about making a property investment mistake, and the challenges of saving as a self-employed person. 

Financial experts Kenneth Lou, CEO of Seedly (a personal finance platform), and Chuin Ting Weber, CEO of MoneyOwl (a financial advisory and fund management firm), advise how Terry, Kumar, and others in the same situations can work towards their ideal retirement lifestyle. 

[Post 154] How Starbucks Operates Like a Bank While Serving Coffee | WSJ

Summary

Starbucks, a $124.4 billion company, trails only McDonald’s as the largest restaurant chain by market capitalization. In this video, WSJ’s Heather Haddon explains how Starbucks used technology to garner its loyal customer base and why mobile orders are shifting the chain’s business priorities.

[Post 153] What Retirement On $1,000-$2,000 A Month In Singapore Looks Like | CNA insider

Summary

Can you enjoy retirement on S$1,000 to S$2,000 a month in Singapore? Three retired 60-somethings - a former IT professional, firefighter and salesman - share what life after retiring is like, and how they built their nest eggs.

[Post 152] Relocated From US to Bail - Here’s How Much It Costs | Relocated

Summary

Olumide Gbenro, 33, relocated to Bali from San Diego in 2019. He currently makes $140,000 a year running a social media marketing agency and hosting virtual and in-person conferences for digital nomads.

[Post 151] Tamagotchi Collector | Niche Hobbies

Rachel was first introduced to Tamagotchis back in primary school by her peers. 

After owning her first unit, she developed a strong interest for the toys. Today, she has collected over a hundred Tamagotchis and also sells customised knitted cases for them.

[Post 149] How I Live, Travel, & Game Out Of My Van For $700 A Month | Unlocked

Summary

Trent Arant, 28, lives, works, and travels in a gut-renovated van. He pays about $700/month in loans for the van. In total, he spent around  $10,000 towards renovating his van and turning it into a livable space. Trent is a digital nomad working as a visual effects artist and content creator.

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

[Post 148] How I Turned Vending Machines Into A $300K Business | On The Job

Summary

Marcus Gram, 31, saved up $10,000 to start his vending machine business in 2018. His company, Joyner Vending, now has 21 vending machines spread across Philadelphia, Baltimore, Washington DC and Detroit - and it brought in over $300K in revenue in 2021.

[Post 146] How a 16-year-old is making a fortune by purchasing from Walmart and reselling on Amazon | CNBC make it

Summary

Max Hayden started selling candy and fidget spinners to his friends during middle school. He has always been passionate about business and started seeing some success selling high-end sneakers. During the pandemic, he focused on his e-commerce business by becoming an Amazon reseller and made $110,000 by reselling items like gaming consoles and above-ground swimming pools. Now, he is looking for a new warehouse to expand the business.

[Post 145] Making $44K A Year As A Sanitation Worker In NYC | On The Job

Summary

Anthony Igneri, 35, works as a sanitation worker in New York City and earns $44,000 per year plus overtime. Raised in Staten Island, Anthony was inspired by his grandfather, who was a World War II veteran and a sanitation worker for 20 years.

[Post 144] Why I Left My $116K Law Job To Work A $15/Hour Firefighting Job | On The Side

Summary

Nico Smith, 36, says she lived most of her life by the book. She passed the bar exam on the first try, got married, got a job and started a family. But even after checking all the boxes, she didn’t feel fulfilled. Then, a small fire on her parents’ property led her to a new calling. Here’s how Smith went from making six figures as a lawyer to pursuing a full-time firefighting job.

[Post 137] Young Investors | Channel NewsAsia Connect

1. Arthur Cheong

Arthur started investing at age 19 and shortly after, blew his entire account in just 2 weeks. Fortunately he was able to overcome his failure and subsequently made profit from investment. We take a look at the wisdom this young investor has gained from his investing experiences

2.Ang Kar Yong

Kar Yong began trading Forex with US$500 in 2012. One year on, his account grew exponentially, up to US$13,000. This episode takes a peek into the trading strategy and motivations of this 22-year-old young investor. It also features a wealth management expert, with tips on Forex trading.

3.Shane Low

23-year-old Shane is a student who dreams of being financially free by age 30, but is it possible? How is the young investor working towards attaining his financial goal? A wealth management expert explains how you can achieve your financial goals.

4.Karen Foo

After a stint at a 9-5 job at age 21, Karen decided to turn to investing as a way out of the rat race. We follow her journey into the world of investment and find out skills she has learned so far. We also feature a wealth management expert, with tips on how you can be a better trader.

5.Chang Choon Fah 

At age 17, Choon Fah was given $8000 by his father, and told to put that money into stocks. 4 years on, we see how this young man has evolved into a seasoned young investor with investment strategies of his own. A wealth management expert gives tips on how parents can give their kids a head start into the world of investing.

[Post 136] A Singapore family's tips for fighting inflation | CNA

Summary

Noticing that his family's expenditure was exceeding their monthly budget, Paul Lee decided they had to cut back. From finding free weekend activities and swapping car rides for hour-long bus journeys, to refinancing his home loan, here's what he and his family are doing to ride out rising prices

Personal Takeaway

1.Taking Public Transport 

2.Visit place which are free for local like musuems ,beach etc

3.Cook Yourself

4.Link credit card for digital payment to get cashback

5.Buy in bulk

6.Refinance home loan,change it to fixed rate

[Post 135] The economic of IKEA:How they keep you in it's store? | WSJ

Summary

Counterintuitive though it may seem, part of furniture giant IKEA’s success stems from its policy requiring its customers to build its products. In this video, WSJ explains the behavioral psychology behind the “IKEA effect.”

Personal Takeaway

1.Flat furniture packing to reduce shipping and transportation costs

2.Design of the store layout to allow customers to spend the day testing out the product.

3.Affordable and low-cost furniture

4.When a customer builds something themselves, they become more attached to it.

[Post 134] How does raising interest rates control inflation? | The Economist

Summary

When central banks raise interest rates, the impact is felt far and wide. Mortgages become more expensive, house prices might fall and unemployment can rise. So why do central banks do it? This film tells you why.

Personal Takeaway

1.A higher interest rate encourages people to save money and spend less. Lower interest rate = more spending; do not want to leave money in the bank

2.A central bank is a bank for banks; a commercial bank can deposit its reserves at an central bank

3.High inflation rate= higher interest rate

4.Difficult to predict when inflation will fall when interest rates are raised.

[Post 131] How To Save On Your Parents Medical Bills | CNA Insider

Summary:Is home nursing more expensive than hospital care? How much should you budget for medical expenses? A study by Marsh predicts that each senior’s healthcare in Singapore may cost as much as S$53,000 a year by 2030. Quadruple that amount to S$212,000 if you are taking care of your parents and in-laws. 

Chronic illnesses such as diabetes, stroke, cancer, heart disease and hypertension are expensive in the long run as our parents live longer. There will be regular check-ups, medication and doctor or specialist visits to pay for. This is where the Community Health Assist Scheme can come in handy to reduce costs.

According to the Ministry of Health in Singapore, 1 in 2 healthy Singaporeans aged 65 could become severely disabled in their lifetime and may need long-term care. That means planning ahead for help like a caregiver, nursing home or elderly daycare. 

Personal Takeaway

1.Check the clinic near to you that allow CHAS

2.Setting up a bedroom with hospital equipment and hire caregiver

3.Purchase the necessary insurance

[Post 130] 5 Financial Movies To Watch

What better way to learn about finance than to watch a movie? I came across the big short on YouTube a while ago and have been on a financial movie binge since then. Here are some of the financial movies that I have seen and enjoyed so far.

1.The Big Short(2015)

The movie is based on the book written by Micheal Lewis ,The Big Short:Inside the Doomsday Machine.Basically ,the movie is about how several finance experts and opportunist predict the collapse of the US housing market in 2008 during the mid-2000s and how they discover the flaws and corruption in the system through their research.My first impression was that it would be a documentary-style story (those kind really bores me to death). However, after 5 minutes of watching, it was not. And did I mention the stellar cast, which includes Brad Pitt, Christian Bale, Steve Carell, and Ryan Gosling, among others? Furthermore, it simplifies financial concepts such as CDOs and why bonds rated AAA+ are dog s**t. According to one YouTube commenter, "I thought the big short was a comedy seeing it's tag, but it turned out to be a horror movie."

2. Margin Call(2011)

Essentially, this film is about an investment firm in the early stages of the 2008 financial crisis, where an analyst uncovers evidence that threatens to destroy the firm and the subsequent action taken by the company.It's another fantastic film with an all-star cast that includes Kevin Spacey, Jeremy Ions, Zachary Quinto and Paul Battany .It offers the viewpoint of an investment banking firm prior to the 2008 financial crisis.Although there is a lot of talking, it depicts many similarities to real-life multinational corporations, such as the hierarchy and the fact that the top doesn't really understand what the underlings do, as well as the ridiculous salary earned from working in an investment bank.

3.Too Big To Fail(2011) 

This film is based on the book "Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves" by Andrew Ross Sorkin. Essentially, the film depicts the government's perspective on how they handled the 2008 financial crisis, particularly from the perspective of Henry Paulson, who was appointed Secretary of Treasury after leaving his top job at Goldman Sachs, and how he tries to address the issues that arose during the global economic meltdown, ranging from Lehman Brothers to AIG, among others. It's a pretty good watch that depicts the government's point of view, as well as how various strategies were implemented and how the situation eventually deteriorated.

4.Boiler Room

A college dropout lands a job as a broker for a financial firm, putting him on the fast track to success. Success, on the other hand, clouds his judgment, drawing him into a world of corruption and greed. Essentially, the company runs a pump and dump/ponzi scheme using telemarketer techniques. Although it does not depict the financial crisis, it is unquestionably a must-see film for anyone looking to improve their sales/telemarketing techniques (or learn their tricks!), plus it include stellar cast like Ben Affleck,Vin Diesel etc

5.Inside Job

The final film on the list is Inside Job, a documentary film that depicts the 2008 financial crisis, how it unfolded, the key players who caused the event, and how the key players are still a part of the financial system today. Throughout the film, various key players from Asia to North America were interviewed.

Warning:Of the five films I introduce in this post, this is most likely the one that will give you high blood pressure and make you wonder how they got away with it.

Last but not least, I strongly recommend everyone to watch the films, especially the trio: Margin call (Company perspective), The Big Short (Retail and Hedge fund perspective), and Too big to fail (Government perspective).

[Post 129]10 Skillsfuture Course To Take For $500 and Below (Food)

As continue from the previous post,here are some useful course to take for Skillfuture for $500 and Below.

(Disclaimer:I am not affliated to any of the training provider etc).

Source

1.Traditional Chinese Cooking($110.00)

Course Providers:Diabetes Singapore

Course Objective:

These classes' main objectives are to empower people with diabetes with information on how food choices promote, prevent, and treat type 2 diabetes and practical cooking skills for healthy and delicious meal preparation.

Course Content:

In this course, Chef Allan Teoh will be sharing tips on how common dishes in traditional Chinese cuisine can be made diabetic-friendly: - Hainanese Chicken Rice Set - Hokkien Fried Mee, - Fried Kway Teau (Black), - Fish Head Bee Hoon Soup - Healthy Steam Cooking - Claypot Cooking

For more information,click here

2.NSA- Traditional Indian Cooking –South($110.00)

Course Providers:Diabetes Singapore

Course Objective:

These classes main objectives are to empower people with diabetes with information on how food choices promote, prevent, and treat type 2 diabetes and practical cooking skills for healthy and delicious meal preparation.

Course Content:

In this course, Chef Allan Teoh will be sharing tips on how common dishes in traditional South Indian cuisine can be made diabetic-friendly: Banana Leaf Restaurant Part 1 Banana Leaf Restaurant Part 2 Banana Leaf Restaurant Part 3 Biryani Set

For more information,click here

3.NSA - Hawkers Set- Traditional Malay Cooking

Course Providers:Diabetes Singapore

Course Objective:

These classes' main objectives are to empower people with diabetes with information on how food choices promote, prevent, and treat type 2 diabetes and practical cooking skills for healthy and delicious meal preparation. The skills acquired will help participants understand and improve their overall wellness, and can be applied to community work.

Course Content:

In this course, Chef Allan Teoh will be sharing tips on how common dishes in traditional Malay cuisines can be made diabetic-friendly: Nasi Lemak Set Nasi Dagang Nasi Kerabu Nasi Padang

For more information,click here

4.NSA- Traditional Indian Cooking –North

Course Providers:Diabetes Singapore

Course Objective:

These classes main objectives are to empower people with diabetes with information on how food choices promote, prevent, and treat type 2 diabetes and practical cooking skills for healthy and delicious meal preparation.

Course Content:

In this course, Chef Allan Teoh will be sharing tips on how common dishes in traditional North Indian cuisine can be made diabetic-friendly: Naan Set Bhatura Set- Deep Fried Yoghurt Bread Hyderabadi Biryani Basic North Indian Home Cooking Vegetarian Set

For more information,click here

5.NSA - Japanese Cooking Workshop - Teriyaki

Course Objective:

Understand the ingredients used for making teriyaki sauce

Learn the technique of filleting of salmon

Learn the basics of food preparation and equipment

Understand the techniques of cooking the dishes

Skills acquired may help seniors expand into freelance work or be involved in volunteering activities.

Course Content:

This 1-day programme aims to equip you with the knowledge on the various types of grains for sushi and the techniques of cooking the dishes. You will learn how to prepare the following dishes:

Salmon with home-made Teriyaki

Chawanmushi - Prawns, crabstick, mushroom and chicken

For more information,click here

6.NSA - Japanese Cooking Workshop - Sushi

Course Objective:

Understand types of grains for sushi

Learn/Practice making of sushi maki

Learn the basics of food preparation and equipment

Understand the techniques of cooking the dishes

Skills acquired may help seniors expand into freelance work or be involved in volunteering activities.

Course Content:

This 1-day programme aims to equip you with the knowledge on the various types of grains for sushi and the techniques of cooking the dishes. You will learn how to prepare the following dishes:

Assorted sushi maki (Crabmeat, Salmon and Cucumber)

Okonomiyaki - Japanese cabbage pancake with shrimps

For more information,click here

7.Tantalizing Thai Cooking

Course Objective:

In this one day workshop, participants will be introduced to the different flavours and techniques of Thai cooking with hands-on experience to cook their own classic Thai recipes.

Course Content:

Surprise a loved one with delectable meal: flavourful Thai pineapple fried rice (Khao Pad Sopparot), mouth-watering chicken coconut soup (Tom Kaa Gai) and refreshing ‘red ruby’ dessert (Tub Tim Grob).Skills acquired may help seniors expand into freelance work or be involved in volunteering activities.

- Understand the Italian food culture

- Learn more about ingredients used and their origins

- Learn how to prepare equipment and ingredients

- Learn and execute Italian food preparation

For more information,click here

8.NSA - 3-Day Italian Cooking Workshop

Course Objective:

Skills acquired may help seniors expand into freelance work or be involved in volunteering activities.

- Understand the Italian food culture

- Learn more about ingredients used and their origins

- Learn how to prepare equipment and ingredients

- Learn and execute Italian food preparation

Course Content:

This 3-days workshop aims to equip participants with the knowledge and skills of preparing food for the selected cuisine. This course will teach you a variety of Italian dishes.

For more information,click here

9.SkillsFuture@PA Variety Cooking Workshop For Adults (Hands-On)

Course Objective:

Whether you are a busy executive or a homemaker, you will find this workshop useful. You will pick up a variety of convenient and easy-to-prepare dishes which also happen to be healthy options to the normal diet.

Course Content:

This 3-days workshop aims to equip participants with the knowledge and skills of preparing food for the selected cuisine. This course will teach you a variety of Italian dishes.

For more information,click here

10.Home-Cooked Meals

Course Objective:These classes' main objectives are to empower people with diabetes with information on how food choices promote, prevent, and treat type 2 diabetes and practical cooking skills for healthy and delicious meal preparation.

Course Content:In this course, Chef Allan Teoh will be sharing tips on how common dishes in various cuisines can be made diabetic-friendly:

-Rasam & Mutton Keema (Indian Cuisine)

-Ayam Masak Merah & Gendang Kasturi (Malay Cuisine)

- Sweet & Sour Prawns & Steamed Flower Crabs In Bean Paste (Chinese Cuisine)

- Chap Chye & Chicken Curry (Peranakan Cuisine)

-Roasted Lamb Chops & Baked Rice With Fish Slices (Western Cuisine)

For more information,click here