Keith Lim - keithblim (Page 5)

16 Jan 2024 6 min read

Business and the Myth of Easy Money (Part 1: Defining Business)

About This Series There's a misconception that starting a business is a sure way to make more money for less effort compared to working a job. Supposedly, if you just quit

04 Oct 2023 4 min read

Making Sense of Bear Markets

I’m writing this in 2023. For most readers (millennials and younger), the ongoing economic downtrend is probably your first time managing your finances during a bear market. Bitcoin lost half its market

06 Jul 2023 6 min read

What Makes Businesses Abnormally Profitable?

As recently as 2016, salt lamps were considered luxurious items with high price tags of 4 to 15 thousand pesos per lamp. My wife saw that salt lamps were sold incredibly cheap wholesale,

16 Jan 2023 4 min read

Why I'm Not Acting On A 2023 Recession (Could, Will, In)

I’ve noticed financial influencers are confident that there will be a recession ‘In’ 2023. In response, many are selling everything and planning to buy back at the bottom. But I would caution against acting on this thesis. It sounds plausible (and plausible mistakes are the most dangerous ones), but

26 Oct 2022 4 min read

How A 1% Fee Can Destroy 32% Of Your Retirement

Many are unaware of how much fees from financial products cost over the long run. Just a 1% fee per annum can reduce your retirement net worth by 32%.