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Nowadays, birthdays are one of the best opportunities to catch up with your friends and loved ones, since most people have to work.

Grateful for all the meetups and birthday treats in the last week, and the insightful life conversations with people that I have known for more than 10, and even 25 years.

At a certain age, people start to dread birthdays (hmm.. what did I achieve with my life since last year?), and for me it is the mid-point in the year, so I usually review my goals that I set at the start of the year.

“And in the end it’s not the years in your life that count; it’s the life in your years. ”

As I grappled with the arrival fallacy for the last few years and struggled to find purpose in life, I have placed much less emphasis on career and financial success, and focused more on other aspects of life, such as:

  • Growth and contribution (reading, blogging, volunteer work)
  • Relationships (quality time with quality friends, settling down)
  • Healthy living (8 hours of sleep, eat healthy, eat more)
  • Hobbies (trying out new stuff to challenge myself)
  • Travelling (seeing all the safe countries in the world)
  • Spiritual growth (mindfulness, meditation, gardening)

Looking forward to the remaining 60% of my life. 💪🙂🔥

Recently, I came across an interesting report by Wealth-X, which conducts research about the ultra-wealthy. In this report, they revealed the hobbies, interest and passions of the world’s richest people, and some are actually very different from what we think them to be.

The top 5 hobbies are as follows:

1. Philanthropy

It’s surprising that philanthropy features top in the list of hobbies of billionaires. While giving by the rich is often ridiculed by others (“Probably giving because they feel bad”), giving is a financial discipline that keeps the rich rich, and the not-so-rich to be on the right path to success.

Some ways to give your money:

Give regularly to a cause you believe in.

There are some people who frown upon giving to the poor just because they are poor, or perhaps you don’t have a very good perception toward charity. If that’s the case, find a cause that you believe in, and give regularly to it. Some causes that are worth giving to include humanitarian aid, sponsoring budding artists, supporting the elderly in society, giving to children’s education (or even a partial scholarship).

 

Giving is good for the heart.

The act of giving brings a healthy sense of awareness of where your finances come from; the more you serve and give, the more likely it is that people treat you with respect and have a positive attitude towards you, and your business grows.

Give physical gifts instead of financial gifts.

Some charities allow people to give physical goods instead of money. Doing your research, getting the right contacts, and finding a cause you believe in (and a sustainable one too!) requires patience and some hard work on your part, but it’s a worthy exercise. Although I personally give regularly to several charities, I do not like to publicise it.

 

2. Travel

Rich people travel because… simply because they can afford it. If you do have the spare cash, it makes sense to start travelling while you are on your way to financial success. This keeps you motivated, and you can always upgrade your holidays when your financial stability improves.

But the real challenge for most people is not just the money, but also the time. Given the nature of my job (trading), I have become the go-to person whenever any of my friends want to travel, and over the past few years I have travelled to 50+ countries while still making passive income along the way.

 

Christmas tree + Cape Town Flyer + National Geographic photo frame ???? #Christmas #southafrica #capetown

A post shared by Spencer Li ?? Synapse Trading (@iamrecneps) on

 

3. Art

Art is something that really enriches the soul, and adds flavour to life. And there is a wide range of selection to choose from, ranging from a few thousand to rare pieces that go into millions.

 

Personally, I have taken an interest in this after hunting for some pieces for my new house.

4. Fashion

I’m not much into the fashion scene, but the ultra-rich truly enjoy obtaining unique pieces of clothing.

Bespoke, boutique, and customized clothing are the rage for the ultra-rich.

While I don’t really splurge on costly apparel, I do recommend spending good money on key essentials, like a pair of decent dress shoes for men, or any other piece of clothing that you find to be something you want to pull out once in a while.

I also find that it’s a waste of money to spend on cheap clothing; it’s far more cost-effective to buy quality, reasonably priced products that can last you 5-10 years, than to buy-and-throw most of your wardrobe.

That said, I do enjoy the occasional indulgence, from quality brands like Mont Blanc, Paul Smith, AP, etc 😀

 

5. Politics

When people mention the word “rich” and “politics” together, Donald Trump is the first thing that comes to mind. Other people like Henry Ross Perot, Mitt Romney and Ronald Lauder are also rich people who forayed into the political scene, but with limited success.

 

What are your hobbies?

At end of the day, your hobbies and passion are activities that bring additional job and add colour to your life, so pick something that is fun, meaningful, and something within your means. (Not all hobbies have to be ridiculously expensive.)

On a personal note, my hobbies include hitting a gym (with my trainer), tennis (with my coach), yoga (private noob level class), reading (2-3 books a week), and not forgetting trading (15 mins a day). Oh, and travelling as well. I aim for 2-3 new countries each year. 😀

Last Sunday, I finally concluded my 20s and ventured into the big 3-0. 😀

And just one month ago, Synapse Trading turned 3! #achievementunlocked

To celebrate this joyous occasion, I took a little boat trip with my friends and some of my students.

Thanks everyone for this surprise! ? #30isthenew20 #mynewboat

A photo posted by Spencer Li (@iamrecneps) on

Double birthday celebrations! What are the odds haha. ??? #sameday #boatparty #sentosa

A photo posted by Spencer Li (@iamrecneps) on

Because trading on land is so mainstream ? #tradingforliving #extremetrading #norisknogain

A photo posted by Spencer Li (@iamrecneps) on

Thank you everyone for making this an awesome day! 😀

Also, I want to thank everyone who has supported us all these years, from an unknown blog to an established training firm with hundreds of succesful graduates trading real accounts and making real money.

We have a lot more exciting stuff planned for the next few weeks (and also the next few years), so stay tuned, because we are going to transform the trading and training industry by raising the bar! 😀

This morning, after glancing at the charts to check on my USD/JPY long positions and to take a new AUD/CAD short position, I had to rush off to make it in time for my weekly massage session.

After that, it was a sumptuous lunch treat by my broker (thanks!), and some exciting new trade ideas (which I will share in my next weekly updates), and finally it was off to see the IPTL!

From 4.00pm all the way to 10.30pm, it was an amazing display of skill and exciting plays by the best players and legends, including the likes of Ana Ivanovic, Fabrice Santoro, Daniel Nestor, Jo-Wilfried Tsonga, Serena Williams, Andre Agassi, Lleyton Hewitt, and Nick Kyrgios!

When I got back, I found that my USD/JPY position has gone up another 100+ pips (ka-ching!) and my AUD/CAD was slightly in the money by 20+ pips. What an eventful day! 😀

DBS Mascots - Guess who the main sponsor is?

DBS Mascots – Guess who the main sponsor is?

Ana Ivanovic - Hot Serve :D

Ana Ivanovic – Hot Serve 😀

Half-time models shaking it to the beats

Half-time models shaking it to the beats

Victory!

Victory!

Top view of the tennis court

Top view of the tennis court

Andre Agassi - The Return Specialist!

Andre Agassi – The Return Specialist!

Tsonga receiving serve

Tsonga receiving serve

Panoramic views

Panoramic views

Tsonga victorious!

Tsonga victorious!

Serena Willaims serving

Serena Willaims serving

Looks like a trashing :(

Looks like a trashing 🙁

Andre Agassi autographing the giant tennis balls

Andre Agassi autographing the giant tennis balls

 

P.S. For my full travel photo log and list of countries travelled, please visit: https://synapsetrading.com/travel-log/

Malacca (Malay: Melaka) is the capital of the state of Malacca, on the west coast of peninsular Malaysia.

Visiting Malacca is a unique experience with a rich historical and cultural background from previous Portuguese, Dutch and British rule.

The city centre was listed by UNESCO as a World Heritage Site in July 2008, along with Georgetown, Penang.

To see the full photo albums for this trip, please visit: https://synapsetrading.com/travel-log/

 

Here are some photos from the trip:

Crossing Over...

Crossing Over…

Wow, 2 Television Sets in the Room!

Wow, 2 Television Sets in the Room!

Infinity Pool with Mountains In the Background

Infinity Pool with Mountains In the Background

Indoor Archery Range

Indoor Archery Range

Jonker Street

Jonker Street

Buffet Breakfast at 5 Star Hotel :)

Buffet Breakfast at 5 Star Hotel 🙂

Floating Mosque

Floating Mosque

Most Awesome Chendol I've Ever Eaten!

Most Awesome Chendol I’ve Ever Eaten!

World's Largest Pineapple Tart!

World’s Largest Pineapple Tart!

 

Once again, to see the full photo albums for this trip, please visit: https://synapsetrading.com/travel-log/

Enjoy! 😀