Author: Taking Care Of My Own Business

New year, new start, the most accurate stock market forecast for this year

Sorry, what did you say? “You are a bit late with your forecast, Tacomob. It’s already February!” Well, dear reader, what’s a year anyway? It’s merely the orbital period of the Earth moving in its orbit around the Sun. But that does not mean that we have to think in that timeframe all of the time. Firstly, why would we have to measure our annual portfolio return based on calendar years? I am always a bit puzzled when bloggers like to share their annual portfolio returns. Are we small investors answerable to bosses and shareholders like those poor confined...

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One of the main factors for suboptimal GDP-growth in Singapore

Singapore is small by many standards. Image credit: Joerg Haeuser Certainly very small in terms of population. We only have 5.6 million residents. Roughly a quarter of municipal Shanghai or less than 0.1% (0.073% in fact) of the global population. A mighty punching-above-their weight bunch of smart and hard-working people. How is our (and every other country’s) GDP growth being determined? Basically there are two factors: 1)     Working population growth – well, we all know how unproductive Singaporeans are in terms of “doing the deed” and producing more babies. Less babies can either be compensated with foreign talents joining the...

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Regrets or not?

This is my 200th post here on Tacomob since I have started jotting down my thoughts in March 2014 here. A good occasion to get a bit philosophical. Just a bit. Decision-Making So, life is all about decisions – those thousands of decisions that we take every single day. And luck, lots of luck, lots of dumb luck actually. A life-skill I have written about before “Luckily I am so lucky”. Thus, let me muse about that other skill – decision-making. To make reliably good decisions, I want to weigh how right I think I am against how sorry...

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Regrets or not?

This is my 200th post here on Tacomob since I have started jotting down my thoughts in March 2014 here. A good occasion to get a bit philosophical. Just a bit. Decision-Making So, life is all about decisions – those thousands of decisions that we take every single day. And luck, lots of luck, lots of dumb luck actually. A life-skill I have written about before “Luckily I am so lucky”. Thus, let me muse about that other skill – decision-making. To make reliably good decisions, I want to weigh how right I think I am against how sorry...

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Is such a “bull market” sustainable?

After the recent days of heightened market volatility I was curious to check out how the S&P 500 component stocks have faired over the last 12 months: Hmm, looks to me as if the bull market is mainly hinged on those five MANGA stocks (Microsoft, Apple, Netflix, Google, Amazon; FB is out and having a rough time, deservedly I have to say). How would the S&P index look like excluding those MANGA stocks? Would people still have talked about the longest Bull market recently? These stocks remind me of Icarus from the Greek mythology who was flying too high and too close...

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Is such a kind of “bull market” sustainable?

After the recent days of heightened market volatility I was curious to check out how the S&P 500 component stocks have faired over the last 12 months: Hmm, looks to me as if the bull market is mainly hinged on those five MANGA stocks (Microsoft, Apple, Netflix, Google, Amazon; FB is out and having a rough time, deservedly I have to say). How would the S&P index look like excluding those MANGA stocks? Would people still have talked about the longest Bull market recently? These stocks remind me of Icarus from the Greek mythology who was flying too high and too close...

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You got promoted

Hello, my dear reader, today I feel very powerful. So I have decided to promote you to the position of CEO. Congratulations. You are a real CEO now. Not later! Now! What do I mean by that? In this information age, our most valuable asset is our earning ability. Not “learning ability”! Lifelong learning is compulsory to stay employable. We have to continuously upgrade our skills & replace old skills with new ones. Nobody can expect lifelong employment, but each one of us can create lifelong employability. This requires a mindset change from seeing us as an employee to viewing...

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You got promoted

Hello, my dear reader, today I feel very powerful. So I have decided to promote you to the position of CEO. Congratulations. You are a real CEO now. Not later! Now! What do I mean by that? In this information age, our most valuable asset is our earning ability. Not “learning ability”! Lifelong learning is compulsory to stay employable. We have to continuously upgrade our skills & replace old skills with new ones. Nobody can expect lifelong employment, but each one of us can create lifelong employability. This requires a mindset change from seeing us as an employee to viewing...

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I, your employee say, “my level of engagement is the effect of a great employee experience, but ….”​

Do you feel engaged at your work? This is somehow an off-pattern post here on TACOMOB. But it totally fits into the context of Taking Care of Your Own Business – your own business of earning money by working for an organization in this case. Talking to my friends who serve their corporate duties I get the impression that most of them are quite disengaged at work. This impression got cemented when one of my friends entertained me with this glorious rant that is absolutely worth sharing with you. Here he goes: “You see, Andy, employee experience (EX) is...

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I, your employee say, “my level of engagement is the effect of a great employee experience, but ….”​

Do you feel engaged at your work? This is somehow an off-pattern post here on TACOMOB. But it totally fits into the context of Taking Care of Your Own Business – your own business of earning money by working for an organization in this case. Talking to my friends who serve their corporate duties I get the impression that most of them are quite disengaged at work. This impression got cemented when one of my friends entertained me with this glorious rant that is absolutely worth sharing with you. Here he goes: “You see, Andy, employee experience (EX) is...

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Would you please take care of your PFC

My apologies, in case I puzzled you, but we do love our acronyms here in Singapore. I have mentioned the PFC previously under the “Framing Bias” but to expound further, the PFC is your Prefrontal Cortex; a brain region that lies behind your forehead and is part of your frontal lobe that curls like a cashew around the core of your brain. Believe it or not, this PFC is the main (almost tempted to write sole) ‘culprit’ of your investing success, since this ‘CEO of the Brain’ has been implicated in planning complex cognitive behavior, personality expression, decision making, and...

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TACOMOB does include this too …

Does your work rock? Does your work sometimes feel like this?   Recognition is the fuel that keeps us going. Do you feel you are being recognized enough for what you are doing for the company by your bosses? What about by your peers? Have you recently voiced your appreciation and recognition to your teammates? Why aren’t you going the first step? For many employees, the most meaningful recognition often comes from colleagues and teammates. When employees regularly give each other shout-outs for making it easier for the team to serve the customers better, such gratitude becomes infectious and creates...

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TACOMOB does include this too …

Does your work rock? Does your work sometimes feel like this? [embedded content] Recognition is the fuel that keeps us going. Do you feel you are being recognized enough for what you are doing for the company by your bosses? What about by your peers? Have you recently voiced your appreciation and recognition to your teammates? Why aren’t you going the first step? For many employees, the most meaningful recognition often comes from colleagues and teammates. When employees regularly give each other shout-outs for making it easier for the team to serve the customers better, such gratitude becomes infectious and...

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Sunday = Ponder-day

THE GOOD LIFE IS ANYWHERE We tell ourselves that we need the right setup before we finally buckle down and get serious. We tell ourselves that we need this and that at work, a more supportive boss, more autonomy, more money, more of whatever. Or we tell ourselves that some vacation or time alone will be good for a relationship or an ailment. This is self-deceit at its finest. It’s far better that we become pragmatic and adaptable. Able to do what we need to do anywhere, anytime. The place to do your work, to live the good life,...

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Why do you try to avoid pain so often?

Do you use Alipay, payWave, Apple Pay, Google Pay, Samsung Pay or boring NETS or even Credit Cards to part with your money? Then for you making payments might hurt less than it should. The pain of paying may be the trickiest, and most ominous, of all the ways you mess up with money. Maintaining some pain of paying helps you at least consider the value of your options. The pain of parting with cold hard CASH that you can see and feel helps you pause before purchasing and consider whether or not you really should spend your money then and...

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