Saturday, July 29, 2023

Investing a portolio

I received questions regularly about my investment portfolio. In particular, many people suggested that I should realize my capital gain. I write this article to explain why their questions are not relevant.

https://fisca.sg/ArticleDisplay.aspx?ID=1339

1 comment:

Anonymous said...

Xi and the Chinese Farmer

Xi Jinping, the president of China, went to Guangxi and spoke with the governor about the fine and loyal people of China.

The governor: "Fine people sure. Loyal? I don't know."

Xi: "I will show you. Hey you! Come here! What do you do?" Farmer: "I'm a farmer."

Xi: Let me ask you, if you had two houses, would you give one to the government? Without hesitation the farmer says yes.

Xi turns to the governor with a smile. But he does not look convinced.

Xi asks the farmer: "if you had two cars, would you give one to the government?"

Immediate yes from the farmer.

The governor then asks if he may asks a question. Xi agrees.

Governor: "if you had two cows, would you give one to the government."

Farmer: "No. Never. Please don't ask me that." Xi is confused: "But you'd give a house and car, why not a cow?"

Farmer: "I actually have two cows."

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