I went the the OCBC building at One Lu Jia Zui, and I think it is a damn nice place. Haha.
Today I was attending this course on the overview of the banking system. It was taught by Dr Johnny Tan from Impact Consultancy, for once the whole day involved mostly english. Haha.
Just to share a little story he said,
God created man and gave him 20 years of life.
Man cries and tells god that it is too short. But god tells man to take it or leave it.
Next, god created an Ox and gave it 50 years of life. The Ox then cried.
God: Why are you crying?
Ox: 50 years is too long, imagine plowing the field for 50 years! Please take away 30 years of my life.
Man, being smart tried to negotiate with god.
Man: God, since the Ox doesnt want the 30 years, why not you give it to me?
God: Okay.
Next god created a dog, and gave it 30 years of life, then the dog cried and complained it is too long, then requested to have 15 years of life. So man again requested for the extra 15 years.
Finally God creates a monkey and gave it 30 years of life. Again the monkey is not satisfied with the lifespan, and request to take 10 years away. So now man again asks for the extra life.
So in total now man have 75 years to live.
Which is why man spends 20 years as a man, 30 years as an ox, 15 years as a dog and 10 years as a monkey.
20 years as a man is when, you spend your parents money, you dont have to worry about financing anything.
30 years as an ox is when you are in your early 20s and you start to step into the society and when you need to create wealth.
15 years as a dog is coz by then your kids have grown up and at their age prefer their friends than the folks, thus the house only have the folks (similar to dogs watching over the house.)
10 years as a monkey is when your kids get married and have grandchildren. And since in Singapore, it is common to have dual income families, so your kids send their kids to your house and you have to entertain your grandchildren as though you are monkeys in the zoo.
Haha.
But then, that is not the main point.
The 30 years as an Ox, is when you create wealth + wealth accumulation.
15 years as a dog is when you need wealth protection to ensure comfortable retirement.
the final 10 monkey years is when you need to distribute your wealth. (Prevents family squabbles)
Okay thats all for today. =)
Monday, February 23, 2009
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