I am looking forward to watching this film for the famous character Gordon Gekko who made the phrase popular:
“Greed is good”
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I am looking forward to watching this film for the famous character Gordon Gekko who made the phrase popular: “Greed is good” After my recent property transaction, a portion of my liquid assets are now parked into home equity as I had to use proceeds from sale of my existing property plus some savings to fund my new property. In terms of net worth position, it actually doesn’t change much except that legal fees and property agent commissions has eaten into my net assets. I am fortunate in that because I had earlier paid up in full my mortgage loan for my existing property, my current property can be paid up anytime as I have more than enough in my CPF ordinary account balances plus my cash on hand to redeem the loan in full. The reason why I took the loan in the first place was the timing difference between receipt of sales proceeds and payment of monies for completion of purchase. I’ve read the book, “The Art of Learning” by Josh Waitzkin and was completely blown away by some of his ideas as well as his personal achievements in the world of competitive chess and martial arts (Tai Chi Quan). If you are interested to learn how we can learn better and to achieve peak performance in whatever fields of endeavour; which includes the field of personal finance and financial freedom, then you should consider reading his excellent book. You can read more about Josh Waitzkin here. The Black Swan challenge. Interesting comments by Nicholas Nassim Taleb, author of “The Black Swan”. Also to avoid long-term US Government bonds like the plague. Interesting. Be well and prosper. |
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