It's really up to personal perspective. Some people think better is this, some people think better is that...
So I'll leave it up to readers to decide what is considered "better".
Think about investments.
We have so many choices to invest.
We can buy the index, stock pick individual stocks, we can buy different indexes, we can focus on financial index, tech index, utilities index, buy US shares, China shares, hedge funds, CFDs, options.
So many choices we can choose from.
And yet, the AVERAGE person, will do better with just a few choices.
The average person would probably do better if they...
1. Buy the index, S&P or even the STI index probably will do good enough the long term. 30-50 years.
2. Put money into CPF SA account.
3. Buy an endowment plan and get around 3% return over a 25 year period.
How about social media?
There are a lot of people spreading around fake news.
News about the vaccine, suddenly so many people are experts talking about efficacy rates, about side effects, etc...
Tell me, how many people know the efficacy rates of the measles vaccine, chicken pox vaccine, polio, flu jabs, etc... we have taken many vaccines in our lives, especially for Singaporeans, we take them in primary school or even as infants.
Suddenly with more news, social media, everyone forwarding each other articles. So many "experts" appear.
Is this really better?
The average person would probably do better just reading the Straits Times.
If people aren't able to discern fake news vs real news, good info vs bad info, think critically and spread worthy info, then probably just stick to main stream media. Even if it's biased, it's still better than fake.
How about the COVID reaction in Asia vs western countries?
Many Asian countries just locked down.
Western countries talk about freedom and all that stuff...
Who has better controlled the spread of COVID?
The thing is...
IF we aren't able to think through our choices and make informed decisions, or we aren't able to understand our choices. Then we end up with greater probability of making poor choices. Cos bad choices exist.
What if the Government straight out banned smoking? And yet, people choose to smoke.
What if supermarkets only sold fresh produce? None of those processed food and rubbish. Would the general population be healthier?
What if fast food didn't exist? Banned from opening such eateries in Singapore?
Sure, such rules seem unimaginable. Maybe only in a communist country will they do such a thing.
And yet... what is better for most people?
What if all companies are required to have a PE lesson like in schools. Set aside 1 hour for physical activity every day. Siao right? But yet, would employees generally be healthier?
Of course, choices make life, life...
I mean, what's life if you can't make the most out of it.
And yet, are choices really good?
It's only good if you know what you're doing.
And of course... everyone thinks that they know what they are doing.
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