uncle lim kopi

Just a random thought in my mind as I was watching Youtube videos showcasing large landed homes for sale. Not that I am keen to buy one even if I can afford one. I am just curious how these large homes are furnished and how the owners live in them, via observation of the items in the home. This particular semi-d home, has 3 storeys and at least 5 or 6 bedrooms, comes with a basement carpark for 2-3 cars, and have a 10m pool in front of its living room at ground floor. It does look like a multigenerational family live in it, with young kids included. But definitely, this is way too much space for this family. But I can also see that they have no problem filling up the house with items. There's a large basement entertainment room, with long u-shaped sofa that can seat more than 20 people, complete with expensive looking audio/visual gears for some serious KTV sessions. And it also has a bar counter, complete with a wall full of expensive wines/liquor etc, with more in boxes on the fl...

Maybe it's none of my business as he is not my country's leader, but US is not to be ignored at all. His policies will have global effect, and will affect my investments and USD values.  My simple man on street view is, he is more unpredictable and therefore he is stronger. He will make adversaries think twice before doing funny business. And that by itself is already a win. I am glad to hear he is serious about controlling illegal immigration from south, just hope that innocent people are not hurt in the process, i.e. it should be fairly done. The substance abuse situation is out of hand in US I feel, I hope it becomes safer for my friends over there.

 

I have been wondering lately about this issue. Why am I asking myself? As a person who is approaching 50 and does not have an income at present, I need to be strategic in allocating my assets. My concern is that if I invest too much in equities, a big crash could put me in a difficult situation because I still require cash flow to pay for mortgage and bills. There is no assurance of dividends being there when the market turns. What if some of the counters I have cease to distribute or even go bankrupt? So it's important to maintain a portion as cash/bonds, serving as a buffer to sustain me in times of need. Plus, the ability to buy into distressed companies and wait for them to recover is a must-have skill set for investors like myself. Currently, I am at about 67% allocation for my own portfolio and this becomes 50% when adding cash from my spouse's funds. While I will maintain a balance of 70% equity/equities ETF allocation for myself, I will put a hard limit of 70% combined ...

Virtual queuing for Fit for CNY notes, the brand new notes are all reserved. I wonder when the clock starts, 12an?? Damn Hopefully I get some notes. I don't care if they are brand new or not, just not dirty or crumbled will suffice. Probably change the max amount for $50 and $10. Hardly use cash these days, always keep inside cabinet for CNY use only, and maybe from reversing forex currency after a trip.   Huat huat everyone

 Angbao is here! Must remember to use them. Muahahaha 

 Interest lip lai liao! And MA overflow to OA ! That’s additional 2 months for mortgage deduction