Me Time!
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Daily SORA rates at 2.x % last 2 days reading?? :?
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MrsKiasu\" post_id=\"2092106\" time=\"1670993219\" user_id=\"43981:
Daily SORA rates at 2.x % last 2 days reading?? :?
US Fed lifts rates by half-point, signals more hikes despite fears of economy stalling
https://www.straitstimes.com/business/economy/us-fed-downshifts-all-out-campaign-to-tame-inflation -
Yes I just read another 0.75 coming
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MrsKiasu\" post_id=\"2092161\" time=\"1671062423\" user_id=\"43981:
Does this mean the interest rates of FDs will continue to head north?
Yes I just read another 0.75 coming -
starlight1968sg\" post_id=\"2092162\" time=\"1671065228\" user_id=\"14025:
Looks like it.
Does this mean the interest rates of FDs will continue to head north? -
There are signs of slowing of inflation in the US & economic rebound. So, FED may not hv anymore reasons for hikes as a tool., according to 1M65. Can take some info for consideration of next move. Some are buying in stocks alr gore mkt build-up again. Those still holding on will see light at the end of tunnel.
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Actually I am quite disappointed after joining this forum for 14 months. It is because I found most of the kids nowadays have no dreams and no aspirations.
When I was small, I and my classmates have lots of dreams. For me, I wanted to become a nurse so that I could take care patients in hospitals and I insisted to study Biology even I was not a science student. One of my classmates wanted to be a policeman to protect the life and property of people 除暴安良and he became a police inspectors now. The other one wanted to teach Bible in Africa and he became a priest. My brother in law wanted to defence Singapore 保家卫国 and he is now a army commander,…etc.
At that time, we were taught going to school was to equip ourselves to benefit the community and serve the country 造福人群，服务社会. Or we put it as "What can we do for our society?"
However, after reading most of the posts here, I only see most of their dreams are going to any top schools under IP/IB, or O/A level, going to top university and hope to find a job earning much with no tough working environment. Then able to afford buying a 5 room HDB or condominium and a car in Singapore. To me, the race in education system which is always been talking here actually is worrying how much resources (or money) kids are able to grab in future and whether they can have a middle class living standard. (自己的名和利）
What are their responsibilities to the community?
Many years ago, I have watched a TVB Drama and in the drama, a barrister told his subordinate who was disqualified as a solicitor because the subordinate wanted to open a cold case against a rich man whom was the main suspect - " If your original objective is to uphold the judicial justice, then you won’t be so desperate now…it is because you want to use this case to let everyone know you are a capable lawyer and become famous in this industry and therefore you are so desperate now."
So what I want to say here is, if the objective for our kids going to school and study hard is to equip well themselves to serve the community, they won’t be under so great pressure during exams and they won’t be sad and frustrated when the exam results are below their expectation. However, if the objective to study hard is only to grab most resources in the society so that one can enjoy a good/luxurious life in future, then one may be still under huge pressure with any type of education system. -
Liew Nga Wing\" post_id=\"2092184\" time=\"1671080945\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2092184 time=1671080945 user_id=195250]
Hey, you somewhat uttered my sentiments! Over the years, much as I have benefitted from KSP forum, I too, find myself becoming increasingly sucked into a certain mindset of success and perhaps, \"silent desires\" of what I hope kids can achieve or pursue. Parents here are all well-meaning and want the best for their children. There are valid and strong reasons why many parents here for example, hope for their kids to be doctors. Simply because it guarantees a certain salary and standard of living even if one cruises along, once you are done with the tough training period - in a way no other professions do. The 4G is conscious of that, and of the wage premium that \"head\" jobs have over \"heart\" and \"hands\" jobs, in the words of DPM Lawrence Wong.
Actually I am quite disappointed after joining this forum for 14 months. It is because I found most of the kids nowadays have no dreams and no aspirations.
When I was small, I and my classmates have lots of dreams. For me, I wanted to become a nurse so that I could take care patients in hospitals and I insisted to study Biology even I was not a science student. One of my classmates wanted to be a policeman to protect the life and property of people 除暴安良and he became a police inspectors now. The other one wanted to teach Bible in Africa and he became a priest. My brother in law wanted to defence Singapore 保家卫国 and he is now a army commander,...etc.
At that time, we were taught going to school was to equip ourselves to benefit the community and serve the country 造福人群，服务社会. Or we put it as \"What can we do for our society?\"
However, after reading most of the posts here, I only see most of their dreams are going to any top schools under IP/IB, or O/A level, going to top university and hope to find a job earning much with no tough working environment. Then able to afford buying a 5 room HDB or condominium and a car in Singapore. To me, the race in education system which is always been talking here actually is worrying how much resources (or money) kids are able to grab in future and whether they can have a middle class living standard. (自己的名和利）
What are their responsibilities to the community?
Many years ago, I have watched a TVB Drama and in the drama, a barrister told his subordinate who was disqualified as a solicitor because the subordinate wanted to open a cold case against a rich man whom was the main suspect - \" If your original objective is to uphold the judicial justice, then you won't be so desperate now..it is because you want to use this case to let everyone know you are a capable lawyer and become famous in this industry and therefore you are so desperate now.\"
So what I want to say here is, if the objective for our kids going to school and study hard is to equip well themselves to serve the community, they won't be under so great pressure during exams and they won't be sad and frustrated when the exam results are below their expectation. However, if the objective to study hard is only to grab most resources in the society so that one can enjoy a good/luxurious life in future, then one may be still under huge pressure with any type of education system.[/quote]
I have to consciously remind and teach myself, and my kids to, on how to manage disappointments, to be contented, to not be envious of others, to allow them to pursue meaningful pursuits that benefit society (and not necessarily themselves). As parents, we tend to read a lot into which school our kids are in, or which subjects they are reading, or if they get Edusave awards etc, and a lot of it is triggered by reminders on social media and forums. Maybe this is one reason I hope my kids will get to broaden their perspectives of pathways and success through overseas or alternative educational pathways. Having been in a local higher education institution for more than ten years, I have to say that students' mindsets towards grades and education carry over to university as well, given they have been in the Singapore schooling system for more than ten years.
Ultimately, we want our kids to be mentally healthy, and not grow up bitter or resentful or lost. And I am somewhat concerned, seeing the prevalence of mental health issues among our youths today. -
MrsKiasu\" post_id=\"2092161\" time=\"1671062423\" user_id=\"43981:
Might be 0.25. Best expected is a 0.5 increase. If 0.75 then stock mkt will shoot thro the roof. Don’t think FED will let that happen.
Yes I just read another 0.75 coming -
Liew Nga Wing\" post_id=\"2092184\" time=\"1671080945\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2092184 time=1671080945 user_id=195250]
If one’s aspiration is to be a nurse or policeman, I think it’s not that hard to achieve.
Actually I am quite disappointed after joining this forum for 14 months. It is because I found most of the kids nowadays have no dreams and no aspirations.
When I was small, I and my classmates have lots of dreams. For me, I wanted to become a nurse so that I could take care patients in hospitals and I insisted to study Biology even I was not a science student. One of my classmates wanted to be a policeman to protect the life and property of people 除暴安良and he became a police inspectors now. The other one wanted to teach Bible in Africa and he became a priest. My brother in law wanted to defence Singapore 保家卫国 and he is now a army commander,...etc.
At that time, we were taught going to school was to equip ourselves to benefit the community and serve the country 造福人群，服务社会. Or we put it as \"What can we do for our society?\"
However, after reading most of the posts here, I only see most of their dreams are going to any top schools under IP/IB, or O/A level, going to top university and hope to find a job earning much with no tough working environment. Then able to afford buying a 5 room HDB or condominium and a car in Singapore. To me, the race in education system which is always been talking here actually is worrying how much resources (or money) kids are able to grab in future and whether they can have a middle class living standard. (自己的名和利）
What are their responsibilities to the community?
Many years ago, I have watched a TVB Drama and in the drama, a barrister told his subordinate who was disqualified as a solicitor because the subordinate wanted to open a cold case against a rich man whom was the main suspect - \" If your original objective is to uphold the judicial justice, then you won't be so desperate now..it is because you want to use this case to let everyone know you are a capable lawyer and become famous in this industry and therefore you are so desperate now.\"
So what I want to say here is, if the objective for our kids going to school and study hard is to equip well themselves to serve the community, they won't be under so great pressure during exams and they won't be sad and frustrated when the exam results are below their expectation. However, if the objective to study hard is only to grab most resources in the society so that one can enjoy a good/luxurious life in future, then one may be still under huge pressure with any type of education system.[/quote]
But if your kid inspires to be a solicitor or doctor from young but school results are less than ideal then what should you do? How do you help them to achieve their dreams? Good A level results open more doors for opportunities.
It’s not true our parents never stress the importance of exam results. I guess, just that they did it in their own ways, they would say, “you choose whether you want to sit in aircon-room and sign documents or go to sweep the roads.”
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