Growing your tree of prosperity
Growing your Tree of Prosperity is an introductory investment guide written specifically for Singaporeans who wish to take their first step towards financial independence.
Wednesday, April 02, 2025
Catching up with AI's new capabilities will be tough
Saturday, March 29, 2025
So we're all BDSM professionals now?
A while ago, during lunch, a pal suggested that Dr Wealth's marketing approach was very neutral and bland and may thus lack the ability to provoke clients to take action. He's describing how these internet personal physical training marketing materials do it.
" Disappear for a month. Come back as the most dangerous person in the room !"
The marketing message proposed by my friend left a bad taste in my mouth because it reminded me of how the crypto bros talked in 2021 before the Terra blockchain implosion. I explained that marketing messages like this can attract a lot of incels and folks who take the red pill, and because it proposes a quick way to allow young men a change in status, the message may serve its purpose. The last kind of student I want are the folks who say," Don't talk cock, just tell me what to buy !" because there are many trainers who cater to that demographic at less than $500 per course.
Still, I have a slower community-building business model and prefer a smaller group of software engineers, CFA candidates, and even finance professors in my community. Over six years, I've built a 600+ community so unique that Maybank Kim Eng brokers will tell me they can identify my students from the carefully balanced margin accounts never seen elsewhere.
But what my friend said bothered me, as I'm still a businessman, and sales numbers are a matter of pride and somewhat a measurement of my manhood, which has been flagging lately.
So what can I do? I usurped the role from Dr Wealth and did my own marketing copy:
"Disappear for five days, and get a plan to get the most significant raise among your peers when you return to the office!"
Initially, I was happy to have 175 preview attendees, 75% more than usual, but eventually, I became disappointed, as social media only accounted for about 10% of preview attendees. Sales were decent but did not come from my copy - sales were decent because local markets are great again.
But I can't conclude anything about the performance of one rookie attempt. I need to build up marketing muscle and experiment with different messages.
So, I spent the past few days creating a more substantial LinkedIn presence and taking some nascent steps to build my "personal brand." I've created a draft of my next marketing copy using LinkedIn's newsletter feature.
There are so many questions I have for myself as I turn myself into a marketer:
- Do those marketing scripts work? "Give me 5 minutes..."
- Should I continue this blog or migrate to LinkedIn newsletters? Does Gen Z even use RSS feeds?
- Does my tone offend LinkedIn connections because they are so sterile and buttoned down? "I am humbled to receive...."
In an era when the latest version of ChatGPT can render entire professions obsolete, the ability to hustle, build marketing funnels, and seek ways to survive is more important than ever.
We are all into BDSM now.
BDSM = Business Development Sales and Marketing.
I thank my mastermind group of young hustlers and collaborators for convincing me that my personal obsession with the psychology of personality would make me a reasonably competent marketer.
Saturday, March 22, 2025
Letter to Batch 37 of the Early Retirement Masterclass
Dear Students of Batch 37,
It's been a great honour and privilege to conduct a 5-Day Early Retirement Workshop for you.
Just like that, investors in Singapore blue chips are no longer the underdogs as STI heads into all-time-high territory. Local banks found favour from the possibility of higher inflation arising from Trump tariffs. REITs, however, have also started to recover, and the US Fed is still seeing two interest rate reductions in 2025. The overall effect is that Singapore stocks remain fairly priced at a PE ratio between 13 and 14 with decent equity risk premiums.
This portfolio's current yield is 7.1%. As the batch size remains small, we have again created a very focused portfolio of 12 stocks, not counting the Bank of China. We remain excited about the new SDR launched in markets like Ping An Insurance.
Also, this batch of students employed ChatGPT on Jardine C&C, and an AI-generated analyst report has been shared with the ERM Facebook community. Initially, the student used a free version of ChatGPT, which gave an outlandish target price projection, so we discarded the results on the spot. Moments ago, I recreated the report using the same methodology but using ChatGPT-4o, and the numbers became much more realistic. Researchers have confirmed that later versions of ChatGPT have performed better on mock CFA exams.
Artificial intelligence is improving rapidly, and the ERM program will continue to evolve toward greater use of AI. To ensure we stay at the cutting edge of AI use for retail investors, I will examine an automated generation of analyst reports using Python code and Agentic AI.
Lastly, I hope Batch 37 will participate actively in the FB group.
Hope to see you then!
Christopher Ng Wai Chung
Saturday, March 15, 2025
Don't let the wrong finance ideas live rent free in your head
In a future article, I will share the financial ideas that you should have in your head.
They even pay rent.
Tuesday, March 11, 2025
The case for having no Integrated Shield Plan
Saturday, March 08, 2025
Fiscal marksmanship and planning for medical expenses
Sunday, March 02, 2025
About adult literacy in Singapore
Finally, I recommended a book for those who generally don't bother to read anything. Michiko Aoyama's What You Are Looking For is in the Library would be a great way to start, as it is about how reading oblique book references can lead to massive improvements in a reader's life.
There are a lot of folks out there who want to apportion blame on why literacy rates amongst adult Singaporeans are so poor. I read about some literature teachers blaming our policy of de-emphasizing the humanities as the real reason this is happening.