actually, I think you have alot of passion in learning about Investing and Personal Finance as well. What you’ve done in BigFatPurse in the last 1.5 years shows. Keep it up! I started my “learning journey” in 1998 (13 years ago), and looking back, I would not be able to reach where I am today, if not for this journey of 13 years. It took me 15 years to build my first S$1 million, but it might only take me 2 years to achieve my 2nd…..so there is a “compounding” effect in everything we do, including building up of our knowledge, not just our personal finances.

My journey was I started sharing when I started learning and I discovered that “sharing” is the best way to learn.

Of course, over years, we might discover that in the first few years, we have some misconceptions, so we must be mindful not to spread misconceptions. Which is why to me I find it very sad when Dr Michael Leong spread misconceptions such as “there is no such thing as a good debt” and “there is no way to be Win/Win” in his book “The First Million”. He is a multi-millionaire and some readers might take whatever he wrote in that book to be true.

I agree with most of his comments on stocks in the book, but these 2 things I mention stand out as “misconceptions”.

Remember “the Greater the Power, the Bigger Your Responsibility” (what Uncle Ben in movie Spiderman said to Spiderman…….so as you gain more knowledge, and as your website gain more readers, be mindful that you have a Great Responsibility to “enlighten” and not to “mislead” the public.

actually, I think you have alot of passion in learning about Investing and Personal Finance as well. What you’ve done in BigFatPurse in the last 1.5 years shows. Keep it up! I started my “learning journey” in 1998 (13 years ago), and looking back, I would not be able to reach where I am today, if not for this journey of 13 years. It took me 15 years to build my first S$1 million, but it might only take me 2 years to achieve my 2nd…..so there is a “compounding” effect in everything we do, including building up of our knowledge, not just our personal finances.

My journey was I started sharing when I started learning and I discovered that “sharing” is the best way to learn.

Of course, over years, we might discover that in the first few years, we have some misconceptions, so we must be mindful not to spread misconceptions. Which is why to me I find it very sad when Dr Michael Leong spread misconceptions such as “there is no such thing as a good debt” and “there is no way to be Win/Win” in his book “The First Million”. He is a multi-millionaire and some readers might take whatever he wrote in that book to be true.

I agree with most of his comments on stocks in the book, but these 2 things I mention stand out as “misconceptions”.

Remember “the Greater the Power, the Bigger Your Responsibility” (what Uncle Ben in movie Spiderman said to Spiderman…….so as you gain more knowledge, and as your website gain more readers, be mindful that you have a Great Responsibility to “enlighten” and not to “mislead” the public.

I’m not a Christian, but Nature Law of “Law of Cause and Effect” really means that the more we Give, the more we will Receive. And whatever we Sow, so shall we Reap. So I don’t even need to think about the Receiving and the Reaping, becos it will just happen. What I focus on is What I give, How do I give, What I sow, How do I Sow. How can I give more? How can I sow more?

I think what you wrote is very meaningful and it’ll be good if you can share at my discussion forum so that more people can benefit from your sharing.

Cheers!

Dennis Ng