Wolf Money(portfolio update for end March 2024)part 1
National Unity
Improvement to national unity is an ongoing process. Singapore has done well over the past 59 years to foster unity among different races and backgrounds. National service continues to be an effective policy as a melting pot for the Singaporean identity. There are a couple more ways we could enhance the social homogeneity and encourage interaction between people of different ethnicities, social economic status and religion.
1.) National Football Team
Have you watched the match between Singapore and China? The crowd was sent into a frenzy when Singapore scored a late equaliser against China. With a bit of help from VAR, we could have won the game. No sports come closer to uniting the whole nation than football. Imagine Singapore going into the World Cup Finals. The whole nation will be celebrating this achievement. It will bring immense pride to the Nation of Singapore. Substantial budget should be given to improve youth development, management, coaching and the welfare of players. It is not uncommon for some players in the SPL to take up a second job just to make ends meet. Part of the funding should be spent on buying rights to show European football on TV. Previously English Premier League was shown live or delayed on free to air, SBC Channel 5. Young players must be able to watch the game on TV so as to aspire to be the next Ronaldo and Messi. There is a real risk: kids of this generation who have no access to paid TV, don’t have the slightest clue about Man City and the Liverpool of the World. If the cost of live matches is too much to pay for, a delayed telecasts could be helpful. We need Mediacorp to step up their game. Btw, Can Channel 5 stop repeating Kungfu Panda 1 and 2? I have no clue how to answer my son’s question, why is the old Kungfu Panda movies showing on Channel 5 again? They are now in the 4th edition. 🙃
2.) Third language
I find learning a third language to be great in fostering social cohesion and understanding. This struck me during my trip to Penang recently. The local Chinese have no problem speaking Malay and the local Indian has no problem speaking Mandarin. It felt so heartwarming when a person from another ethnicity could speak your language, it definitely helps to breakdown the communication barrier and improve relationships between different races.
I suggest having a non-examinable module for primary, secondary school and school of higher learning to a learn a language outside their mother tongue. The module can be a fun subject. A Malay student could pick up conversational mandarin and a Chinese student could learn conversational Bahasa Melayu. Knowing an additional language like Mandarin, Malay and Tamil does give the person an advantage in business and job search. The Chinese companies investing in Indonesia or Malaysia will need a local expert that understands the languages vis-á-vis an Indonesian company looking to invest in India will need someone who understands their local language. The next decade is an Asian’s decade where the continent captured the highest growth coming from, China, India and Indonesia.
Our advantage of having a bilingual education system has served us well for the past 50 odd years. Having English as a common language gives us business opportunities in any English speaking markets and allow our citizen to communicate with each other with ease. The next growth required a third language or even a fourth language. A Swiss national knows a minimum of 3 to 4 languages depending on the region the person resides. The ability to speak a third language brings incalculable benefits to the society as a whole. Knowing someone else’s language improve people to people relationships and foster nationhood.
* Not an expert in social science, just some of my pro-Singapore views.
Part 2 of the portfolio update.
Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.
https://t.me/joinchat/oCgkD3sQFRMzMWM1
Disclaimers
All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.
Comments
Post a Comment