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Revisit: Get more positiveness in life +++

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[This was first published on 03/06/2019.] 1) Practise MINDFULNESS Mindfulness teaches us how to notice our natural emotions and responses, then in turn accept them and respond to them such that it enhances our well-being. Meditation is often used to bring about that mindfulness and, at higher level, the calmness of mind. (Calm being the opposite of stress.) When we are under stress, we will start to develop negative emotions such as sadness, anger, frustration, fear etc. All of which are our body's natural responses that cannot be averted. To overcome these challenging emotions, we must learn to NAV (name, accept and validate ) them, and not to suppress, deny or fight them. Cases like taking sleeping pills hoping to sleep away stress and anxiety, or getting dead drunk to escape from reality would only create more problems as one becomes dependent on these ways to 'escape'. It is not easy, however, to tackle them head on - which leads us to why we should be pract

My Defi adventure 4: Farm wrecked

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I threw in the towel for one of my Defi chicken farms today. (Defi stands for "Decentralized Finance") First reason is that the yields changed too quickly ; second reason is that the tokens got dumped too quickly (resulting in price plummeting). Both reasons warrant a farm change. So chasing farm yield is like chasing dividend stocks, just that the scenario is in a 100x fast forward mode. Yeah, you got the picture. In order to catch the good chicken (hot farm), which is of limited lifespan to lay eggs (hot tokens) for you, you need to spot them like REALLY early and harvest really quickly. Just like how some have made a million bucks on Titan and got out before the catastrophe. Keep wins and not impermanent losses. Here's a simple overview of the Defi farming process: https://twitter.com/coin_sg/status/1406538009432891399 What's APY? We often see APY (%) in Defi farms used to depict the rate of return. The annual percentage yield (APY) is the real rate of return earne

Be our own life architect

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We can derive immense happiness and satisfaction when we are able to create and build the things we want in life. (More so if these things can be shared with others and be well appreciated for.) Image credit:  Jess Bailey on Unsplash In school, we have been taught to rote learn and herd-think, which inadvertently made us less creative and able to do independent thinking in our younger days. When this herd-think comes from our parents and grandparents (or close relatives), the pressure made us even less daring to try to be different, to create and build what we think is right because we are afraid of getting shamed by the herd from being different or for failing. Ironically, when we don't know what is it that we want in our lives, we could be easily instigated and presented with blueprints to build things that OTHERS want. Praises, rewards, status, boosted ego, all of which are somewhat ephemeral, got grossly mistaken for happiness. Perhaps one day, the epiphany will come to us tha

Weekend brain food VIII

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The Case for a Fun Portfolio Here's the podcast at  A Wealth of Common Sense . I thought it's a brilliant idea to allocate a small portion of our portfolio to do the "fun stuff" (like what I am doing now for my Defi wallet). Doing so would satiate our desire to manage things and prove our skills, while preventing us from doing anything drastic to our base portfolio or messing up from overtrading. At the beginning, some things can be mistakenly attributed to skill when it's just pure dumb luck. What we can do to find out is by making use of this fun portfolio to see whether it can outperform with consistency.  The time frame can be months or even years. Of course, this fun portfolio is supposed to grow over time if it works out. If the effort input is disproportionately higher than your yield output, and your yield output is not significantly higher than your base (aka boring) portfolio, you know that the fun of it is probably not worth it. My Single Biggest Fear I

8 lifestyle /habits to live below my means

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In proper definition, living below one's mean is to not spend more money than one earns. As you know, now I am on Barista FIRE. I know I  do not have enough to last myself till a ripe old age. *Gasp* Therefore, I still need to work part-time and make do on my limited passive income for a living, which may seems a little daunting at first. For that, my day-to-day lifestyle is as follow: 1) Cook and eat at home as much as possible Besides having more vegs and less salt (healthier meals), we also saved a whole lot of money. A simple meal can cost about $3 or less per head.  Easiest dish to cook would be soup and it's relatively fuss-free if you use an endo-cooker. These days there are many Youtube cooking channels to learn cooking from. Not Michelin standard but generally quite palatable. 2) Take public transport as much as possible It's a money-saving no brainer in Singapore. The only downsides are the longer travel time and peak-hour crowds, which those who love to Grab or

Blog rebranding, BAT tipping

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I have been thinking of getting the .com domain for my blog for the longest time. What put me off was the exorbitant price of my previous blog name's domain. As hilarious as it seems, domains that ends with "coin" these days are mostly taken or auctioned at crazy prices (you can google that). Since I am not ICO-ing or commercializing anything, I don't see a point to bid for it. So I got to ditch the "coin" and embark on brain-storming for another short and sweet domain name, one that will not risk much of an identity loss to my original blog.  Finally, I settled for rainbowonfi.com , which has exactly the same number of letters as my previous blog name 'rainbowcoin'; it is also quite catchy to remember.  "FI" stands for Financial Independence. This is in line with what I have been trying to achieve since I started writing this blog. No "RE" here cos I am not an advocate of early retirement. (Coincidentally, Namecheap site was runn