Are we overproducing elites in Singapore ?

Some folks have protested that I am duplicitous when it comes to degrees. 

Diploma holders of my generation do fairly well and many end up in senior management. However, for Millenials and Gen Z, I take a dim view of folks who proudly proclaim to drop out from an academic program. Life choices aside, they have no idea how much they damage their personal brands because only the most privileged folks can survive not having a degree.

Population census 2020 explains this in greater detail. I was able to calculate the percentage of degree holders based on different generations of Singaporeans.

If you examine my cohort ages 45-49, only 41% had degrees. Mathematically, you can live your life without a degree and yet signal above-median level intelligence and conscientiousness. 

If you examine the batch 10 years younger now aged 35-39, 54% have degrees. The reverse is now true concerning non-degree holders, if you drop out, you are signaling possibly below-median intelligence and conscientiousness. Of course, don't get upset with what I say because signaling does not mean that it is fact, but employers and HR departments will begin to tighten restrictions and you'll find many jobs that do not require degrees actually listing a degree as a requirement. 

But that's not the most disturbing thing about these statistics. 

Richard Turchin studies cliodynamics and he concludes that the overproduction of elites was responsible for the fall of the Roman Empire and the American Civil War. When we overproduce degree holders, especially lawyers, not every degree holder will be able to get a decent job upon graduation. You can find the ramifications of that in the article here.

The US is in a much more serious condition than Singapore, not every lawyer who passes the bar exam in the US gets to practice. Singapore is also dealing with a flood coming not from local universities but overseas. We're also seeing a lot of younger local graduates fighting cultural wars imported from overseas. About a week ago, a friend showed me how his contemporaries from the humanities have accused him of not doing enough for the woke agenda, even resorting to personal attacks to make their point. This is an early sign of a bifurcation of elites, where the elites who cannot get a decent position in society starts to fight against the status quo and society polarises and can't gain consensus moving forward.

By looking at these numbers, it is quite convenient to simply tell the government to reduce university intake. But that is a problem because the wealthy will buy their degrees from Australia or the UK anyway. Furthermore, it is not politically viable to tell Singaporeans to accept joining the workforce with a diploma when you allow the floodgates to open to foreigners and not audit the quality of their degrees. 

Fortunately for me, it's not my paygrade to propose a solution. 

I hope Minister Chan will think of something that can work for everyone.

If I have free rein, I will first get our Polytechnics certified by foreign bodies to get diplomas the same recognition as a degree overseas rather than build Tier 2 universities. It's just a waste of the student's time to keep them in school any longer than necessary.

I will also have a white list of universities in emerging economies that will consider these degrees equivalent to local degrees with minimum grades.  For the whitelist to have any meaningful effect, the inflow of foreign talent must be controlled and cannot go back to the levels of the Goh Chok Tong administration. 

Moving forward, citizens may have to live with a licensing regime for everything. A lot more forms of blue-collar work can only be performed by licensed individuals in Singapore so as to allow non-degree holders a decent quality of life. 

For a start, as much as it hurts our competitiveness,  maybe HR Managers should be the exclusive domain of Singapore citizens. 

More DeFI shenanigans...

 

From the past two days, I lost another $100 USD from the drop in ETH's value which means that this is the time to get deeper into the rabbit hole. 

Losing money this way is not really new to me because I used to get bashed up (metaphorically)  in gaming arcades. Playing Street-Fighter II was hard when you have to go toe to toe with Ah Beng's twice your age, but I found that I  tend to do better with aggressive fighters that have simpler and more basic moves so I settled with Blanka, the green beast from Brazil. Blanka's basic moves are already quite fast and lethal. Furthermore, if he gets cornered, he can launch electrical attacks. Many Ah Bengs were defeated when I randomly jumped around and zapped their more handsome fighters with electrical attacks. Half of the time I don't even know what I was doing, but I really did enjoy zapping a more handsome fighter like Ryu, Ken or Guile.  

So I made more rookie mistakes today. 

As I tried to extricate my coins from Compound, I ran out of gas and has to buy $100 of ETH to fill up my wallet. This took me a while to solve. My first rookie lesson is to always leave about $15 of ETH in my wallet. 

To dig myself deeper into the rabbit-hole, the first thing I tried to do was to get into TokenSet to get my ETH into some kind of robo-fund. I felt that algorithms that employ RSI to trade between ETC and BTC should be fairly interesting and can grow my coins over time. Sadly, the fund is no longer open to new investments. In fact, How to Defi is already obsolete as I can't find any fund that they used in the example from the book.

Disappointed, I dug into the book further to see whether I could get into the derivatives markets and found a website called Synthetix. To start playing with derivatives, the process was extremely convoluted.

First I converted my ETH into a shitcoin called SYX. Then I had to go to mintr.sythetix.io to mint some sUSD which sounds suspiciously like a stable coin. My $177.75 value only allowed me to get $39.50 of sUSD. My only consolation is that the system claims that I am earning almost 40% yields on my staked value which does not make me feel very good because it feels like buying a subscription stream of hell banknotes with real money from the nearest heartland shop that sells items for worship. 

Still, I was quite elated as I managed to get my sUSD, I was hoping to get some iDEFI which allows me to bet against assorted shitcoins in the crypto world.

Sadly, as of today, all of the inverse derivatives have been frozen so I can't take up a short position at all. 

So this is the state I am currently in. 

Right now, I can't seem to unstake my sUSD nor claim my SYX.

I really have no idea how crypto bros can claim their stake as part of their personal balance sheet but what I hell do I know right, I only know how to randomly jump across the screen like Blanka.  

Hopefully, something interesting will happen in the next epoch wchich will be in about 4 days time. So maybe I will be able to unlock some features after that. 

What I do know though, is that if your crypto adventures are paid by REIT dividends, it's a fun way to keep your current with developments. 

 

My Rookie DeFi moves.

 

I promised myself that once the crypto market crashes, I will get into playing some DeFi. Previously, I had $50 of ETH in my wallet. It eventually reached $2,000 as I bought XRP, BNB, BTC and RUNE but now all of it has crashed to about $1,200 so it is time to do something new.

So I read CoinGecko's fairly short book How to Defi and I started making some Defi moves about 30 minutes ago. 

Here's what I did:

a) On Binance.com, I consolidated all my shitcoins to ETH. 

b) I created a new Metamask wallet and it's quite cool as it embeds on Chrome. So once the wallet was built, I transferred all my ETH to the wallet.

c) I immediately connected my new wallet to Compound which allowed me to get some investment income from my ETH.

So in less than 30 minutes, I am getting a 0.43% interest rate on my ETH deposit.

Ok, this probably will not impress the Crypto bros who claim to get yields of 30+% a year but I'm a slowpoke and prefer to spend more time reading more books. How to Defi is good but I hope that more publications will follow.

Some things do bother me about this brave new world. I can probably get better yields if I convert my ETH to DAI but wouldn't that be the same as converting SGD to MYR to get better interest rates? Also while the mining of BTC is limited, entire new blockchains can be created by programmers so scarcity is questionable. 

The next time I get bored, I will be parking my crypto into a fund management house such as TokenSets. My preferred approach is to find a trend trading strategy and dump all my crypto into it and see what happens next.

Right now I probably have better odds losing all my crypto than making $10,000, but I think folks my generation should develop a more open mind about DeFi. The genie is already out of the bottle and you can't kill crypto anymore. 

Some use cases make a lot of sense because I can't imagine not dumping all my Argentinian cash into Crypto if I genuinely want to preserve my wealth. The speed at which money can move from wallet to wallet was also ridiculously efficient compared to banking a cheque with DBS. 

We'll see how this goes!

Better qualitative investing with Anthropology

 

Before I talk about investing, let's talk about racism in Singapore. 

My personal opinion is that we have been too hasty trying to cancel racist polytechnic lecturer Tan Boon Lee. There are thousands of Tan Boon Lee's in Singapore, some who can conceal their tracks better than others. Authorities should go with a lighter hand but work with cultural anthropologists to understand the institutions that enable this to happen in the first place. I was tactically ignored on social media when I inquired about Tan's secondary school even though I know that I may have struck a nerve as I did some googling of the schools that celebrity racists like Sharon Au and Dennis Chew have come from. To me, it was not accidental that Tan Boon Lee eventually made a living teaching object-oriented programming in a Polytechnic. A lot of Chinese-speaking Singaporeans turned to study engineering in the 80s to earn a middle-class lifestyle because it was the only professional path that can tolerate poor English proficiency.  Tan Boon Lee's labelling of a minority dating a Chinese girl as racists seems to come up from some subconscious "object-oriented code" that inherited itself from some racist firmware that was installed in him but subtly overloaded with his own ideas when he was much younger. 

But I will not digress further, Anthropology is the qualitative study of human beings. 

A Singaporean tribe that does not mix with minorities even after 50 years of independence should be an interesting sub-culture to understand. Anthropologists can interview them, live among them to understand their media influences, favourite institutions and personal narratives. Then using data analytics developed by Cambridge Analytica, we can figure out their OCEAN personality profiles and develop a means to target racists even before a single external expression of racism can manifest. I like to christen this a Majority Report. There are plenty of community centres where we can set up "re-education camps" where we can ply them with Thosai and Mee Rebus to blunt the racism.

I think my solution can deal with racism much better than coming up with a rap video to threaten fellow Singaporeans. 

Anthro-Vision by Gillian Tett felt more like a reaction towards the rejection of humanities ( thanks to big data and data science ) than promoting what anthropology can do for businesses, but it is a wonderful addition to an investor's arsenal. As someone who employs a lot of quantitative models, I see them fail fairly often but wonder what needs to be captured if we are interested in qualitative considerations. Anthropology shows us why this is a very broad problem that cannot be cracked easily.

I have only one example to share on this blog.

Office REIT investors are worried about work from home and they are sure whether Office REITs have come down in price to justify an investment. Accounting numbers don't really help because we don't have an idea whether folks will be forced back to the office.

Amazingly anthropology provides some hints. Offices promote two things to workers that no amount of accounting knowledge would provide.

The first is sense-making. What does it mean to be a worker for a company? You can only derive meaning from your work by observing your managers, speaking some lingo, and dressing up like them. Doing so puts you in a physical or social environment called a habitus. As such, landlords are not simply giving you some square foot of space for rent. Enabled by MNC tenants, landlords provide habitus for a fee. If everyone works from home, you have to confront the fact that it is harder to transmit corporate culture to workers. 

The second is informal information exchange. If you manage a tribe of programmers who do better when left alone, then WFH may become a better default. But if you have a proprietary trading team, a lot of informal information exchanges occur that can positively improve trading returns. So in such a case, programming teams can decamp to their homes but traders should rush back to the office as soon as possible. 

For these two points raised, I can begin to be more bullish on office REITs as investors are more likely to overestimate the impact of WFH on office REITs. 

The higher dividends may not last.   

One thing I really like about work is that the author was very eager to shine the anthropological lens on themselves. Folks who study anthropology are the hippies of the academic world and would not want to work with corporations or even the government. I observe similar levels of antiestablishment in Singapore. 

So good luck getting anthropologists to work with financial analysts to cherry-pick Office REITs.

I can imagine these woke Gen Z anthropologists throwing up when I propose building a racist detection algorithm that can take a FB profile and calculate the probability of their racism. So far, they'd rather eat an avocado sandwich and watch a Preetipls video than actually solving the racism problem with Big Data. 

   

 

  

Think twice before paying for a business degree

The Department of Statistics has recently published the latest census on the Singapore population and it is a treasure trove of data that can be used to inform us what is the best move for folks seeking a basic or advanced qualification. 

Inspired by an article in the Business Times a few days ago, I tried to tabulate the number of degree holders corresponding to the field of study and track changes from 2010 to 2020.

Here are my results :

I'm going to share my personal insights from the data, feel free to disagree and comment below:

a) It is better not to pay for a business degree

There is clearly an increase in business degree holders over the past 10 years, so it's better to avoid getting into a Red Ocean situation by also getting another one. Unless you can get into the Honours program in NUS Bizad or at least a Cum Laude from SMU which still leads to fairly high paying MNC jobs, it will be really hard to distinguish yourself from masses of business graduates. 

I think this is even more so if you are a private degree graduate. You will be discriminated against twice - once for having a private degree and once more for studying a business qualification.

Also, you should take care before signing up for an MBA. They will be a dime a dozen. Still, I consider INSEAD MBA the Rolls Royce of MBAs because not only must you speak three languages, now they require proficiency in Python Programming. 

b) Demand for humanities qualifications seems immune to practical considerations. This is enough reason to avoid going for one unless you are extremely talented.

Over 10 years, we've seen such advances in technology and we've even beaten reduced the number of foreign competition in Tech, yet humanities and arts education has not experienced reduced demand. While I can't recall the research paper in the US, an academic said that interest in the humanities is in fact very "human" and demand to study this field comes from natural interest that cannot be dampened by practical considerations. 

In reality, a humanities education has become more expensive relative to the employment and salary outcomes over the past ten years but you continue to see plenty of demand to become a humanities scholar. 

If you want to thrive in such a field, passion is not enough. You need to combine passion and proficiency. If you become the kind of Arts grad that is non-Honours and can't find a place in academia, better start prepping for the CMFAS or CEA exams.

c) If you are moderately good in Maths, why not go for a STEM degree?

I can sort of understand the dip in Engineering degrees in Singapore. Younger Singaporeans don't trust that the government will not flood the country with foreign technical talent. But the era has changed and technology salaries are at an all-time high. Worse, now we evidence that Singaporeans are so spoilt no one wants to pick free money from the ground. 

The only barrier is a mathematical ability which might require some genetics. I think folks, in general, avoid heavy maths courses. If you push yourself through after biting the bullet, there is much less competition moving forward. 

Furthermore, nothing stops someone with a STEM degree from competing in the business field. If you end up becoming one of those useless engineers that might build a collapsing bridge, you can still fake it by becoming a project manager. If you suck at tracking projects and speaking to people, you can still take CMFAS and CEA later. 

Before I end, I'd like to address the copious amounts of literature that celebrate the importance of generalist skills as compared to specialist knowledge. I read almost every book on generalist skills like Range by David Epstein but I would not put so much weight on this message as they seem to be perpetrated by academics who know that their value in the industry is waning in the face of data analytics and AI. The fact in Singapore from Census 2020 is that the number of generalists is rising for the past 10 years compared to specialists and consequently. at the personal level, you may want to develop a narrow niche of tech skills to juice more money for your investments. 

But their message that specialists would need more generalist skills is not wrong. You'll still need to be politically savvy and present your ideas cogently. 

But these humanities academics are better off encouraging their students to pick up more marketable tech skills rather than harping on Critical Race Theory and why they don't have a sinecure because of capitalism.   

  

"Lying Flat" as a continuum of responses to the stresses of modern living

This blog has commented on China's Cultural Involution in the past. ( link )

The hottest idea arising out of Chinese society is the concept of "Lying Flat" which has gained so much traction the Community Party is now viewing this philosophy as something that can destabilise their society and has begun washing off groups that allow adherents to this philosophy to fester in Chinese social media. 

This idea arose from young Chinese's frustrations with an unreasonable job market and the lack of social mobility. It's not fun qualifying for a top university in China only to see the best jobs reserved by peers who come from richer families. So the collective response is to simply lie flat and do the bare minimum to get by. 

There are three components to this "Lying Flat" lifestyle :

• Don't advance in life, do not buy a car or house, do not get married and do not have kids.
• Maintain a minimum standard of living
• Refuse to be exploited as a slave or be part of someone's money-making machine.

If you look at this from the perspective of the Chinese, this idea can really gain traction given that the gender ratio is so pronounced in this country, most men really have no choice but to stop trying to start families. Once a guy makes that decision, the second and third leg of the lifestyle is easily attained with plenty of online entertainment and gig economy jobs.

I daresay that this can be really liberating.

In Singapore, we sort of know that our variant of "Lying Flat" is embedded in our BBFA ( Bui Bui Forever Alone )  lifestyle. Once they convince themselves they are Forever Alone, adopting a minimum standard of living, watching Netflix, and playing games is a cinch. 

Still, I think that Singapore's situation is not as bad as China as Singapore guys can find foreign spouses if they get rejected by local women and there are career paths that can lead to great wealth without the need for advanced degrees like becoming a commissioned FA or selling real estate. 

What's interesting about Lying Flat is that you can arrange these lifestyle philosophies in a continuum :

At the highest octane level is the "Tiger Mum's Dream Life" where someone collects the best qualifications to decorate their resumes, launch ambitious careers or businesses and end up in the pinnacle of Singapore society. This is otherwise called the Singapore Dream and can live on so long as there is social mobility.

FIRE's (Financial Independence and Retire Early) different levels are next, where you adopt the minimalist doctrine but do not mind being exploited so that you can become financially independent later. The FAT FIRE acolytes are not too far from those wanting to live the Singapore Dream, but the Coast FIRE guys are really very different - they just want some form of escape like the BBFA. 

Below Coast FIRE is the massive population of indifferent Singaporeans who think that England has a chance at this year's Euro Cup and would want to know the best place to queue for a BTS MacDonald meal. If life happens, it happens. Meanwhile, let's watch K-Drama.

Below that is the BBFA. BBFA living is not as defeatist as Lying Flat because BBFA dudes are still very active in finance forums and EDMW flexing crypto trades and behaving as disagreeable as their anonymity allows them to. BBFAs will advance up the spectrum if they luck out via a crypto trade or an inheritance. I expect these bros to be very in your face when they succeed. 

This puts Lying Flat is at the bottom of the spectrum where adherents actually develop a philosophy to counter what they perceive as a social and economic injustice. It is just to live the bare minimum and put up a middle finger against all of life's injustices. 

As we move down the continuum, we move from Siao Onz to Indifference to Anti-Establishment. 

Readers should make an informed decision as to where there are in this continuum. 

There is no right answer.

( Except the part on England winning the Euro Cup. England will never win the Euro cup in our lifetime. I don't watch football, and even I know that. )

Letter to Batch 21 of the Early Retirement Masterclass

 

Dear Students of Batch 21,

It’s been a great honour and privilege to be able to conduct a 2-Day Early Retirement Workshop for you.

We had a class within a month of the last programme because we knew that demand for investment classes typically spike when a lockdown occurs. Having a lesson a month after the last one can be pretty instructive to the programme as we can see how dynamic ERM portfolios are even when conducted after a short period.

For one thing, I deliberately made Batch 21 is a lot more aggressive than Batch 20, and I very much prefer to add some growth stocks into the mix for your voting pleasure as vaccinations rates go up in Singapore. Unlinked cases have also stayed low at single-digit levels.

The class was a lot more freeform this time round as a fintech stock mentioned by a student was included last minute in the selection process and was even voted democratically into the portfolio. I would expect this counter to bring a certain level of excitement (or tragedy) into what Batch 21 has created.

Also, this is the first time we’ve deviated from our portfolio construction rules where we introduced a non-REIT into the REIT portfolio. So I’m glad the class accepted the controversial decision and justification as to why this developer might behave like a REIT for the next decade.

Students can examine the portfolio in its glory and note that increasing trend for the agglomerated stocks. If this were a technical analysis class, the chart itself should be screaming a solid buy as the regime chart is coloured green. Past five years, backtest of this portfolio generated 19% returns with a merely semi-deviation of 14%.

Lastly, I hope that Batch 21 would participate actively in the FB group. I should see all of you in the flesh in mid-July, and we will have another round of revisions then.

Christopher Ng Wai Chung

[Video] Singapore vs Overseas Investing

Dr. Wealth staff took a long time to edit and launch this video because initially, we thought that the material was too abstract for retail investors. Nevertheless the material is out and I hope that you guys enjoyed it.

If I met Alvin Chow in a Woodlands kopitiam to discuss the business and latest portfolio moves, the discussion would be similar in nature anyway and nothing here has been scripted.

I will be doing another video next week with another Dr Wealth trainer. Hope that you guys will continue to support me.

On Business Cycles

 

I'm in the middle of another class this week and for the past week, I've been trying to crack one of the best books ever written on market cycles. Lars Tvede clearly hit the ball right out of the park with his bible Business Cycles and I strongly urge serious investors to read this book as it is clear and actually gives the reader a chance to quantitatively chart the business cycle if they can have access to economic data.

This book is extremely broad and covers the history of myriad attempts at defining the cycle as well as what is experienced for investors on the ground. My only regret is that it is impossible to summarise the book for my students. 

I probably need a few months to engineer a tool to create a business cycle for Singapore. 

A few useful lessons I picked up from the book :

a) It's not one cycle, but at least three cycles working in tandem

The best way to understand business cycles is that it is a combination of at least three different processes. The Kitchen's cycle is based on inventory and this has a period of about 4-5 years. The second cycle which is the Juglar cycle is based on capital expenditure that rises and falls and this can have a period of about 9 years. The longest cycle or the Kurznet's Cycle and can run as long as 18 years. 

To complicate matters even further there is a rumoured Kondratieff cycle that runs for half a century.

If you take this idea seriously, it would be very challenging to break the actual cycle into different phases. But it can be rewarding because avoiding a property crash is probably the aim of all serious investors.

b) There is no consensus over what measurement to use within a cycle

The next problem is to figure out which metrics can be used to trace a cycle. High rental rates may discourage inventory and not all inventory plays a large role. Somehow vehicle inventories play a larger role in determining this cycle. 

The same applies to capital spending cycles, there is a theory that shipbuilding rates play a big role and some ratios involving CAPEX in the local economy needs to be factored in as well. 

Property prices also involve complex metrics like building a ratio of CAP rate to bond yields. 

If I want to engineer my own business cycle, will need to gather data and build my own index. 

c) After you have engineered what seems to be a business cycle time series, it must be able to predict asset price trends based on historical data

Once you can start modelling a business cycle, it must be able to predict asset prices. It should ideally be able to lead asset price trends by a few months. 

If a business cycle trend is built, ideally it should be able to predict the downwards trend in stocks when it begins to decline from its peak. Whether this works or not can be covered by a regression exercise or any machine learning tool. 

These are all fairly tough problems, but I think the book has given confidence that coming up with a business cycle using local data is not impossible. I'm pretty sure some econometrics major would have already succeeded in this endeavour. You may wish to take inspiration from the RICI index developed by Jim Rogers.

It may be a while before I can digest enough to make an impact on future training materials. 

I will update this blog on Saturday evening when my program concludes.

Are polyamorous relationships financially inevitable in Singapore?

The Rice Media has a really good article on polyamory lately. You can visit the link here.

I was really entertained by the article but this was not my first exposure to polyamory in Singapore. 

My first exposure was with someone I met while getting my Bar exams. This girl who worked along with me on an assignment claimed to be polyamorous and it triggered an interesting conversation. She said she's dating two men, sometimes simultaneously. One man is about her age in his twenties and another guy is an uncle who is much older like me. I remember my first reaction was not to judge her. In fact, I asked her how she coped with jealousy which I thought was built into the male psyche. She said there was none and in triple dates, the uncle even pays for the young guy.

As I'm a lot more interested in the numbers, I tried to decode the relationship at that time. I thought the uncle was the guy who provided the bankroll for a young couple and, in return, maybe gets to take part in the action.  This is not the kind of 3P a guy would be able to accept conventionally.

The fact is that thanks to the pandemic, not everyone is entitled to the same economic outcomes based on the effort they put into their careers. A software developer is almost untouched by the pandemic, but an artistic performer probably has 80% of income wiped out. This means that a certain segment will thrive with an unusual amount of savings in investments and some will end up depleted.

If we focus on real estate, we can be looking at low-interest rates and delayed buildup of BTO homes, all recipes for a spike in real estate prices. Landlords will take this opportunity to increase rents.

As such polyamory can supplant a traditional marriage from the finance space. 

a) Polyamory solves the problem of expensive real estate prices.

Polyamorous folks can buy larger flat and participate in the upside but as tenants in common as opposed to joint owners. This preserves their rights and lets them benefit from higher real estate prices. If six people buy a jumbo flat, the mortgages may be manageable using CPF-OA for each person. 

b) Polyamory reduces daily expenses

Polyamorous folks gain massive benefits from economies of scale. They can easily participate in the group buy arrangements and buy in bulk from warehouses. I studied some statistics and household expenses per head go down by quite a bit as the numbers of members of the household increase.

c) Polyamory reduces housework

Polyamorous folks get benefits in childcare. As these groups are large, not everyone can contribute to the household financially so some can volunteer their time to raise the kids. This is not a new thing. Before the Church dismantled polygamous families, some women want to join a clan because their share of the housework and child-rearing is shared with other women. For a similar reason, the men may find it easier to hunt in a pack. 

Polyamory is the disruptive technology that can upend traditional families as it is really tiring to manage multi-generational households from a financial perspective in a city. I predict that early adopters may slant towards those with contract jobs and creative artistic pursuits. 

I also realise that the question in my title is not answered. 

My expectation is that Gen Z will surprise everyone with how open-minded they are. If they can normalise something like cryptocurrency, incorporating polyamory would be a cinch.

 

I made some videos on the Dr Wealth Youtube Channel

 

I'm still busy as heck doing previews and prepping for another class next week. 

Last week was a major milestone as Dr Wealth is trying to get more trainers featured on their Youtube Channel. You can subscribe by following this link here.

Here's the first one I've done for them. I've also produced about two more which I hope, will be out very soon. 

There should be some content here for you guys over the weekend.