Archive for April, 2014

Season 2 | live.freeGoblet 3.2

The Accidental Ladder Owner – Column Three

“I never dreamed there could be so much happiness, when I was the ugly duckling [translated by Jean Hersholt].” (The Ugly Duckling – Hans Christian Andersen) The shortest connection between 2 points is a straight line. Lives for most, do not evolve in that fashion. The Beautiful Life we are blessed with, and ravel in -more often than not- takes a course peppered with starts and stops. Sometimes, with more zigs and zags than we imagine ourselves to be capable of handling. With the Big Four accounting practice, I entered the first of many more houses of flying daggers. It…

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The Accidental Ladder Owner – Column Two

“There are years that ask questions, and years that answer.” (Zora Neale Hurston) Elated as I was, about internship offers from as far as London to KL during the mid term of my final year of undergrad studies in accounting, finance and law; career clarity eluded me at the start of my professional journey. I finally decided upon an internship with a global Big 4 accounting practice at its KL office as a consultant in taxation. In retrospect, while the practice laid foundation for a solid advance towards ladder ownership later; it represented dark days to the soul. Sweatshop hours…

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The Accidental Ladder Owner – Column One

“In contrast to Gan Eng Seng, he came from a rich family. His father was a rice merchant in Rangoon, Burma.” an excerpt from The Chinese In Southeast Asia and Beyond (Ching-Hwang Yen) Lawyer. Surgeon. Banker. Our last positions in employment. 6th generation Malaysians from a line of merchants, we had morphed into professional workers. Harvard, Royal College Of Surgeons and Manchester Business School postgraduates. A friend called it the Asian Dream. We embrace the gift of Providence, and are wholly grateful. In context of familial wealth, it appears we are making the turn for better in a second tri-generational…

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“The Accidental Ladder-Owner”| Prologue

Ladder owner, owner-climber or climber? We are likely to fall into 1 of 3 social classes; depending on birth circumstance. Neither class is better than the other. It is from experience, both family and personal; that I say this. A sixth generation Malaysian national, my forefathers first landed on the Straits Settlement of Penang from Mainland China. They plied the Indochina-Malaysia merchant route; and dominated trade with the British for three generations on the foundational strength of both British education and english language proficiency. I am told, family wealth depleted over three generations due to living excess. In part, the many…

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Live Free! – Food Conversations I

A 3-course “diet” for Capital. The complete plan requires allocation to All 3 courses. Proportions vary according to individual risk appetite and objective. [1] Starter/Security plan for Capital  Key objective is to preserve capital against value corrosion by inflation. [2] Main/Comfort plan for Capital Key objective is to achieve a capital return which provides Minimum comfort. [3] Dessert/Wealth plan for Capital Key objective is to stretch for a capital return which maximises wealth. Higher (,but Managed) risk-taking is inevitable.

Live Free! Food Conversations II

A 3-course “diet” for Income. The end object of your Income plan should be 100% use of talent, energy and time in your Purpose. Your arrival at this station of life may be hastened by allocating talent, energy and time from Start of adult life to all 3 plans. Your risk discipline/education will determine how fast you get to the Ultimate station of living out your Purpose full-time. [1] Starter/Employment plan for Income  Key objective is to accumulate (excessive) cash and experience so you can be an independent agent of your Purpose; through use of enterprise(s) and/or investment(s). [2] Main/Business…

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How Does Your Garden Grow…?

giardini-jardins : Tell us, my friend. If your mind were a garden; is it one overtaken by weeds of fear, or is it one where you can savour the sweet smelling fragrance emitted by blooms of possibility? You may be scratching your head where you are right now… what do gardens have to do with financial freedom or Smart Investing? Plenty. Your “garden of life” or state of financial freedom starts from the mind. Where fear dwells, walls rise up to resist financial freedom opportunities. Where possibility dominates, opportunities are explored. Not cast aside. Fear is useful when acknowledged, then…

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Magic Ball 72 & The Portfolio Cores

magic ball 72 : Magic dies with the death of wonderment. Years of suppression by the subconscious of our natural appetite for wonder can encrust our eyes with a scaly sheath which blinds us from beholding with awe and wonder, the magic which surrounds us.We thought it best to herald the 2014 year by reintroducing magic into investment portfolio crafting.A mental math shorthand has lingered on earth which you can use for calculating years required for doubling-your-money at a given annual return, or annual return required for doubling-your-money over a given number of years. The rule-of-72 is condensed from geometric…

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