YTD 2025 Networth tracking thread

DevilPlate

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If you just dump your kids to tuition, you'll end up with mediocre children who will one day, be a hardworking employee getting retrenched in his mid-30s. So think farther ahead, and be more holistic.

Well, here's the hard truth: Tuition only prepares the child for examination. The only thing that the child will do well is examination and academic competitions.

There are millions of Chinese who are studying much harder, more complicated things than your children, and taking examinations that are much more difficult!
What makes you think you can outcompete them on the same playing field? They are going to work in top Chinese companies that compete globally, for much lower pay than in Singapore.

At the end of the day, it's not just tuition. It's the whole child development approach: parenting + tuition + afterschool activities. So it will be important that parents need to upgrade themselves, because the child models after the parents. External tuition need not be just academic, it can be sports coaching etc. whatever that fits the needs, within budget.

My personal opinion is this: I will focus on my own afterschool curriculum to teach my child to be an entrepreneur to solve real world problems that will bring revenue. I will be the safety net to let him fail. Any tuition, etc will just be only what it takes to pass through any gatekeepers (exams, university admission, professional licence) in order to achieve this goal. I won't give a damned about those gatekeepers once through.

The high marks are not as important as what the child chooses to do with his free time on his own initiative (self-motivation/purpose). If there is something difficult that parents think the child must do, then he must also want to do it.

I say this because right now, I sit here with creating five to six-figures annual $ profit NOT USING MY DEGREE. I only use my concepts I learnt throughout my education to help me achieve it. (Well, my degree did help me get the savings/capital, so it did have an intermediate contribution).

Another example: Joseph Schooling. His parents and himself, only focused on Olympic medal. After he got it, he crashed and burned. They could have been more wholistic about the approach, because there are so many other sports people they can learn from, and giving the excuse that this is the first time, is not acceptable IMO.

I read up on Maria Sharapova's biography that also tells her journey to become the women's tennis no. 1. She wanted it, and she fought for it, since young, never stopped in spite of failures even while as an adult.

AI is a massive jobs-killing innovation, just like internet destroyed physical retail shopping, ICE engine destroyed animals for transport, petroleum & gas destroyed whaling industry. Next 10 years, lots of knowledge jobs present today, will be gone forever, replaced by AI (and cheaper 996 high-tech worker in China). If your child cannot dream big, can only follow instructions, then your child is replaceable by AI.
I kinda agree degree cert will be pretty useless in the next decade and beyond.

AI scripting/cyber security etc which cannot be taught in school but self learn via online community.
Alot of social media marketing ecommerce stuff is self taught as well.
 

DevilPlate

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Well, I think Joseph would have preferred to continue his swimming career and winning a 2nd Olympic medal.

But he was not prepared for it. The parents helped alot, but I think the family as a whole was too focused on the 1st Olympic medal which came as a surprise too soon as a gold medal.
Our new Max is the future.

Young and excellent PR skills (which again cannot be taught in sch)
 

Mephist0pheLes

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I think ppl skill will be even more impt going forward. A person without STEM deg would most likely be functionally adequate for most corporate jobs even among those slightly-moderately technical roles with the help of AI (e.g. those that use off-the-shelf models). Since such jobs dont need u to know how to solve the closed form solution for regression, they jus need u to know enough to apply regression appropriately. but things like networking, presentation skills, persuasion, negotiation etc. are probably still not replaceable.
 

sohguanh

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Regarding the subject of tuition for kids.

My wife and my combined income is very middle class (NOA ~SGD 120k). Initially, we decide to give tuition to our P3 son ourselves, but in the end spends SGD 800 monthly on his tuition due to our work commitments and lack of competence in the subjects. The fees are high despite our middle class income cos I've to feed my 2 parents and MIL and lifestyle creep. People told me that students who have a head start in tuition during primary perform differently during secondary and pre-U years and I agree.
As real life experience me myself having one taking A level and next JC 1 the above statement in bold do you agree 100% or only part of it?

My dotters don't have tuition formally so as to speak as they only go for a few trial lessons never follow through. The father and mother genes do play a part in it. If parents can study children got some chance can study also.

My observation is based on my sister(hubby cannot study), brother(wife cannot study),spouse brothers(all cannot study),spouse younger sister(all cannot study),spouse elder sister(all can study) case studies. Children tend to follow parents genes.

When I say can study does not mean they can work but more as in academically reaching University level.

Late LKY mindset to have Uni breed with Uni to come out good can study genes is without reasons. Exception do occur though but rare. Only my mother younger sister only son excel (both parents cannot study) but that is so low percentage.

Maybe your own family surrounding case studies differ then late LKY mindset wrong lor.
 
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DevilPlate

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As real life experience me myself having one taking A level and next JC 1 the above statement in bold do you agree 100% or only part of it?

My dotters don't have tuition formally so as to speak as they only go for a few trial lessons never follow through. The father and mother genes do play a part in it. If parents can study children got some chance can study also.

My observation is based on my sister(hubby cannot study), brother(wife cannot study),spouse brothers(all cannot study),spouse younger sister(all cannot study),spouse elder sister(all can study) case studies. Children tend to follow parents genes.

When I say can study does not mean they can work but more as in academically reaching University level.

Late LKY mindset to have Uni breed with Uni to come out good can study genes is without reasons. Exception do occur though but rare. Only my mother younger sister only son excel (both parents cannot study) but that is so low percentage.

Maybe your own family surrounding case studies differ then late LKY mindset wrong lor.
Hard to tell whether one can actually study vs whether got put in effort to study anot

I believe pretty and handsome breed can produce better looking kids whahaha
 

sohguanh

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Hard to tell whether one can actually study vs whether got put in effort to study anot

I believe pretty and handsome breed can produce better looking kids whahaha
Putting in effort can only get you this far. Some children no need effort still can do well they just got that genes working. You need to observe your surrounding family case studies. Ask any social worker the cases they handle and they will agree with my observation (close to 70-80%) and also late LKY mindset.
 

DevilPlate

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Putting in effort can only get you this far. Some children no need effort still can do well they just got that genes working. You need to observe your surrounding family case studies. Ask any social worker the cases they handle and they will agree with my observation (close to 70-80%) and also late LKY mindset.
Most likely due to family environment rather than genes.
 

sohguanh

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Most likely due to family environment rather than genes.
Well that is one way of looking at it but I tend to think genes play a more important part. My sister hubby is Uni graduate but is use monies buy essentially in Aussie Uni and kena repeat one year some more. Good environment sure but really can study? You know I know can already but every gathering proudly declare he is overseas Uni graduate.

He is jobless btw depend on my sister high pay to feed condo , car and three boys and now jobless man parents who move in and live with them who feed? Jobless man elder brother Uni graduate drive GoJek. Their Uni monies are parents civil servant pension scheme savings and father now close down business.
 

DevilPlate

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Well that is one way of looking at it but I tend to think genes play a more important part. My sister hubby is Uni graduate but is use monies buy essentially in Aussie Uni and kena repeat one year some more. Good environment sure but really can study? You know I know can already but every gathering proudly declare he is overseas Uni graduate.

He is jobless btw depend on my sister high pay to feed condo , car and three boys and now jobless man parents who move in and live with them who feed? Jobless man elder brother Uni graduate drive GoJek. Their Uni monies are parents civil servant pension scheme savings and father now close down business.
Just like some having good metabolic genes but due to modern bad diet, also kena early onset of metabolic diseases.

Hard to qualify and quantify the importance of genes breeding.

Not promoting his website but i watched some of his YT vids….
https://protocol.bryanjohnson.com/
Lifestyle, diet changes plays an important role.

* i suppose to sleep by now whahaha
 
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Mephist0pheLes

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how impt is genes i dunno, especially when we are talking about same race/ancestry, i really doubt it is enough to make a difference.

but my wife is a teacher. her observation is that the problematic kids almost always have problematic parents, vice versa for the polite ones. how parents behave in front of their kids, their motivation, how they treat ppl are all reflected in ur kids behaviour.
 

sohguanh

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how impt is genes i dunno, especially when we are talking about same race/ancestry, i really doubt it is enough to make a difference.

but my wife is a teacher. her observation is that the problematic kids almost always have problematic parents, vice versa for the polite ones. how parents behave in front of their kids, their motivation, how they treat ppl are all reflected in ur kids behaviour.
What your wife observed is children behaviour the earlier issue is about academic studies capabilities instead. Are you also linking academic ability to behaviour is that the discussion?

So the idea is children with good behaviour indicate academics are good and children with bad behaviour indicate academics are bad?

It maybe true but what is the ratio? My sister eldest son damn obedient,hardworking tuition a lot flunk (must be father cannot study genes). The second son very rebellious and somehow last few months "brain open up" tuition same as elder brother has improved leaps and bounds. So to me genes really play a part only whether how much it occupy in this equation.
 

Euqorab

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Had to double take to make sure I am in correct tread

Interesting discussion I going to read later
 

Euqorab

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Moment of truth this week as china return back from golden week :s34: :grin:
 

stanlawj

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To illustrate my point in the previous post:



The father sets the vision to the future. The mother is at the back (taking the video) cooperating with the father, so the child must work his way forward yet still cannot quit!
 
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hwmook

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What your wife observed is children behaviour the earlier issue is about academic studies capabilities instead. Are you also linking academic ability to behaviour is that the discussion?

So the idea is children with good behaviour indicate academics are good and children with bad behaviour indicate academics are bad?

It maybe true but what is the ratio? My sister eldest son damn obedient,hardworking tuition a lot flunk (must be father cannot study genes). The second son very rebellious and somehow last few months "brain open up" tuition same as elder brother has improved leaps and bounds. So to me genes really play a part only whether how much it occupy in this equation.
I don't believe in tution and refuse to send my son for any tution. Tution just create a bad habit of having another person pushing the kid to do the same thing, it just create more resentment towards learning. I try to be encouraging and positive towards learning, correct his mistakes but not forcing him to do excessive assesment. He love going to school and ask me to buy assesment books for him to do. I don't need him to be always correct but I just need him to be positive towards learning which will set him up for the future. The correct attitude is much much more important than the end result at this point in his life.

I also observe that it's parents who didn't do well in school themselves also tend to force their kids more. They tried to force their kids to avoid their own pitfalls but end up no difference because their kids start to hate learning and do badly in studies. So it starts another vicious cycle, maybe it's not genes but really still parenting issue.
 
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DevilPlate

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To illustrate my point in the previous post:



The father sets the vision to the future. The mother is at the back (taking the video) cooperating with the father, so the child must work his way forward yet still cannot quit!

Being parents doable….
When comes to being a grandparent, vy hard not to over dote lolol
 

highsulphur

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I am a late joiner. Even so, my NW +$240k from this China rally.

Non believers can remain in denial and keep searching for anti china propaganda.
i am neither a believer or non-believer of any country in particular. I am just a believer that global equity index will continue to be higher over time.
 
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