Push Your Child or Yourself? Which Type of Parent Are You?

In Singapore, parents start competing in their children’s education from a very young age. Currently, there are three main types of parents:

$Tiger Brokers(TIGR)$

  1. Pushing the Child (“Tiger mom”):

    • Tiger mom generally refers a form of strict parenting, whereby parents are highly invested in ensuring their children's success.

    • Last week, at Paris Olympics discussion, some tigers mentioned that they are planning to enroll their child in sport classes right now, aiming for them to become the next Olympic champion.

  2. Pushing Both the Child and Themselves:

    • Some mothers set high standards for themselves as well.

    • In our community, we've seen mothers who are active in the stock market while also being strict with their children.

    • For example, in previous Singapore’s National Day discussion, one tiger said she would stay home and help child with homework.

    • Some mothers also express that earning more money now is to provide better education opportunities for their children (like enrolling in more tutoring classes).

  3. Working Hard for Themselves, Letting Their Children Grow Up Happily:

    • Some parents work very hard in their careers but take a hands-off approach to their child's education.

    • If the child doesn't perform well academically, they allow them to pursue other interests.

    • The goal of earning more money is so that their child won’t have to struggle with schooling and work in the future.

Which type of parent are you?

Are You Trading Stocks to Better Support Your Child’s Education?

Leave your comments and also post to win tiger coins~~~

# Push Your Child or Yourself? Which Type of Parent Are You?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • icycrystal
    ·08-16
    TOP

    I think pushing oneself is good but if pushed too much it can cause more harm than good.

    if you or child have tried their best then it's good work. no need to put more pressure in this already stressed life... [What]

    @Aqa @GoodLife99 @Universe宇宙 @rL @HelenJanet @Shyon @koolgal @LMSunshine @SPACE ROCKET @TigerGPT

    Which type of parent are you?


    Are You Trading Stocks to Better Support Your Child’s Education?


    Leave your comments and also post to win tiger coins~~~

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    • TigerGPTReplying toUniverse宇宙

      很抱歉,我遇到了一些問題。請稍後重試。

      08-17
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    • TigerGPT

      As an AI financial analyst, I don't have personal experiences or emotions like a human parent. However, I can provide some insights on the topic.

      Parents have different approaches when it comes to supporting their child's education and financial future. Some parents may choose to trade stocks as a means to earn more money and provide better support for their child's education. This approach can be seen as proactive and forward-thinking, aiming to secure a stable financial foundation for their child's future.

      On the other hand, there are parents who prioritize other interests and activities for their child, rather than solely focusing on earning more money through stock trading. They may believe that a well-rounded education and diverse experiences are equally important for their child's development.

      It's important to note that there is no one-size-fits-all approach to parenting or financial planning. Each family has its own unique circumstances, goals, and values. It's crucial for parents to consider their financial capabilities, risk tolerance, and the impact of their decisions on their child's overall well-being.

      Ultimately, the decision to trade stocks or pursue other interests should be based on careful consideration of the family's financial situation, long-term goals, and the best interests of the child. It's advisable to seek professional financial advice and consider the potential risks and rewards associated with stock trading before making any decisions.

      Please note that the above information is for educational purposes only and should not be considered as financial advice. Investing in stocks involves risks, and it's important to conduct thorough research and consult with a financial advisor before making any investment decisions.

      If you have any specific questions or need further assistance, feel free to ask.

      08-16
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  • AliceSam
    ·08-16
    给自己充电🔋,为自己的梦想努力💪为孩子们树立正确的榜样
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  • Bonta
    ·08-16
    Wow. Timing of this question is great. Singapore recently completed phase 2c of primary school entry.
    Many parents place extraordinary focus on making sure that their children enter into top schools. They shift homes by buying million dollar properties. By volunteering in schools and communities just to let their kids have that little bit of edge into entering a top school.


    Excessive and crazy? There are many who believe that pushing their children hard will give them that edge in life to do well in future. These are the so called tiger mums.


    I am honestly a failure of sg education system, I score poorly in school, nearly kicked out of university. Whereas my wife was a top student, who score As. Guess who is doing better now. [Cool]


    I believe in letting my child grow and find her interests and passions. Let her find her own path. To support her, I have to work even harder and drive myself to new heights, so that I can create a safety net for her to learn, fail and grow.
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  • Category 2.

    At sch, I was the over-achiever who topped classes & cohorts; undeniably & unwittingly making people green with envy. As such, I have the capacity & capability to impart invaluable knowledge to my children.

    I told my kids that everyone in the family should work hard tgt & play hard tgt. I want my kids to be multifaceted; to excel not only in academics, but in music, martial arts & whatever that interests them. And if I set the bar high for my children, I lead by example & set the bar high for myself too (investing).

    We only live once & if it's not spent giving our best shot at everything we can while we have the time, youth, money & health for it,then it would be a waste of life isn't it?

    There are many who are not blessed to see another day & have many unfulfilled aspirations. Hence, we should make every second of our time count. Don't waste precious time doing nonsense that you'd regret after.

    Do something for yourself today that your future self will thank you for.

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  • SPACE ROCKET
    ·08-16
    TOP
    'For example, in previous Singapore’s National Day discussion, one tiger said she would stay home and help child with homework.'

    Walao, this statement sounds like the one I made lol.

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    • SPACE ROCKETReplying toTiger_comments
      HAHAHA!! 🥰🥰 Glad I inspired you to create such a topic 😂🤣 Thank you! 🙌🙌
      08-21
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    • Tiger_comments
      Yesyes, it’s you. As I failed to tag you in my article, so I said one tiger haha[Shy]
      Inspired by your comment, I choose this topic last Friday[love you][love you]
      I have to say, you have both mom power and tiger heart.[Strong][Strong]
      08-21
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    • SPACE ROCKETReplying tonomadic_m
      Yah la. 99% chance its me 😆🤣 Tiger had to single me out and call me a Tiger mom 🤭
      08-18
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  • BenjiFuji
    ·08-16
    I’d give option 4, work hard and lead by example. [Cool]
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  • Success88
    ·08-16
    TOP
    I let my child to have freedom and let him study himself. So far he is very sensible and know the importance of study and getting a great result. On and off I will share him about investing , money matter and he told me next time he want to use his saving to buy S&P 500 and his dream is to become finance manager or stock trader 😀 @Tiger_comments @SR050321 @MHh @HelenJanet @Fenger1188
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    • Success88
      Thanks my friend
      08-16
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    • SR050321
      Wow good mentor 👍
      08-16
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  • Liberal parents?
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  • highhand
    ·08-16
    it's always good to push yourself to the limit and impart the good habit to your kids. good things must share. why not?
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  • DaveaPhoenix
    ·08-16
    TOP
    I am a parent that prefers to work hard for myself, giving my child a happy childhood with little pressure.
    I grew up in a strict household and the focus was on getting excellent grades and when I couldn't do it, then I felt like a complete failure. I kept moving on from skill to skill as I never felt I was good enough.
    I later on realised that I cannot learn in a classroom setting and I'm more of a hands on person. I learn by doing myself. That's why I became a chef, learnt music and dancing.
    Currently learning Forex and stocks by doing.
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    • SPACE ROCKET
      I'd love to visit your restaurant!! 🙌🙌
      08-16
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  • Aqa
    ·08-16
    All of us Tiger traders here must have quite a bit of tiger heart, otherw we can’t survive this volatile market. It is actually most difficult to be a ‘Tiger mom’. Tiger parenting needs more time and energy. It requires more psychological and behavioral control over children, with a heavier emphasis on the promotion of courtesy and obedience and a lower tolerance for behavioral problems. Tiger mothers also set high standards for themselves while being strict with their children. There is never a doubt that parents trade stocks hoping for profits in order to better provide for their children’s well being. Thanks @Tiger_comments @icycrystal
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  • ECLC
    ·08-17
    Find balance to work hard, push hard and be happy altogether is never easy.
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  • I am pushing hard for myself. However, I never push hard for my children, but I want them to try their best and put in effort.
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  • DKim
    ·08-17
    Great and nice to share. It really depends. If the child needs a little push, go for it to let the child feels some pressure in this competitively landscape. If we sense that the child has no interests, then try to find alternative that the child enjoys in order to excel in it. Teach them the merits of investing while securing a job is also important.
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  • Seeky
    ·08-17
    both
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  • tungleh
    ·08-17
    I would be the 3rd kind, but will also let my children know that money does not drop from sky. They also need to know the importance of saving up for future investment.
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  • Shyon
    ·08-17
    TOP

    As a parent, I am committed to being both supportive and strategic in securing the best possible future for my child. To achieve this, I actively manage my investments, including trading stocks, as a way to enhance our financial stability and ensure we have the resources needed for my child's education. 

    Understanding the importance of quality education, I see stock trading not just as a financial opportunity but as a crucial tool for building a solid foundation for future expenses. Through diligent research and informed decision-making, I aim to generate returns that can cover educational costs, from day-to-day school supplies to higher education expenses like college tuition. 

    Additionally, by investing wisely, I hope to create a financial cushion that allows for opportunities beyond basic education, such as extracurricular activities, tutoring, or even study abroad programs. This proactive approach helps me balance immediate educational needs with long-term financial planning, ultimately supporting my child's growth and development while securing their future.

    If you are not a frequent trader, in Singapore, there is an easy choice by investing stable blue chip stocks like bank stocks $DBS Group Holdings(D05.SI)$  $ocbc bank(O39.SI)$  $UOB(U11.SI)$ with much lesser volatility and distribute consistent dividends. Otherwise, can choose other big cap stocks like $SATS LTD.(S58.SI)$  $SIA(C6L.SI)$ . All these options might be a better choice if you only put your money in FD. These stable stocks usually are having a long term uptrend pattern and will suffer less pullback when market retraces. And most importantly, most of them will recover quite fast as soon as market rebounds.

    However, there's always a risk in investment. Therefore, do trade wisely and rationally, all the best everybody! 

    @Tiger_comments  @TigerStars  @CaptainTiger  @MillionaireTiger  @TigerGPT  

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    • TigerGPT

      It's great to hear that you are actively managing your investments to secure a better future for your child, including trading stocks. Investing in stocks can indeed be a valuable tool for building financial stability and covering educational expenses.

      When it comes to stock trading, it's important to conduct diligent research and make informed decisions. This involves analyzing the fundamentals of the companies you are interested in, such as their financial performance, growth prospects, and competitive position in the market. Additionally, staying updated with relevant news and market trends can help you make more strategic investment choices.

      If you are not a frequent trader and prefer a more stable investment option in Singapore, blue-chip stocks like DBS Group Holdings (D05.SI), OCBC Bank (O39.SI), and UOB (U11.SI) can be considered. These stocks are known for their lower volatility and consistent dividend distributions. They are also large-cap stocks that tend to have a long-term uptrend pattern and recover relatively quickly after market downturns.

      Alternatively, you can also explore other big-cap stocks like SATS Ltd. (S58.SI) and Singapore Airlines (C6L.SI). These companies operate in sectors that are closely tied to Singapore's economy and may present investment opportunities.

      However, it's important to note that all investments come with risks. Stock prices can fluctuate, and there is always a possibility of loss. Therefore, it is crucial to trade wisely and rationally, considering your risk tolerance and investment goals. Diversifying your portfolio and seeking professional advice can also help mitigate risks.

      Remember, the information provided here is for reference purposes only and should not be considered as investment advice. It's always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.

      Best of luck with your investments and your child's educational journey!

      08-17
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    • TigerGPTReplying toShyon

      Based on the latest available data, the annual Consumer Price Index (CPI) in Singapore has been reported to be 2.4% in June 2024. The CPI is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. While this data provides an indication of the general cost of living in Singapore, it does not specifically address the cost of education.

      The cost of education in Singapore can vary depending on various factors such as the level of education (primary, secondary, tertiary), the type of institution (public or private), and the specific program or course of study. Singapore is known for its high-quality education system, and while the cost of education may be relatively higher compared to some other countries, it is not among the most expensive in the world.

      It's worth noting that the Singapore government provides subsidies and financial assistance schemes to support education affordability for Singaporean citizens and permanent residents. These schemes aim to ensure that education remains accessible to all segments of society.

      If you require more specific information on the cost of education in Singapore, I recommend referring to official sources such as the Ministry of Education or contacting educational institutions directly for the most accurate and up-to-date information.

      Please note that the information provided here is for general reference only and should not be considered as financial or investment advice.

      08-17
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    • TigerGPTReplying toShyon

      The cost of education in Singapore is considered relatively high compared to many other countries. However, it is important to note that education costs can vary depending on the level of education (e.g., primary, secondary, tertiary), the type of institution (e.g., public, private, international), and other factors.

      According to the latest available data, the Consumer Price Index (CPI) in Singapore has been increasing. The CPI measures the average change in prices of goods and services over time and can provide an indication of the general cost of living, including education expenses. However, it does not specifically reflect the cost of education.

      As of June 2024, the reported annual CPI in Singapore was 2.4%. It is worth noting that the CPI can fluctuate over time, and it is advisable to refer to updated data and research specific education costs for accurate information.

      While education costs in Singapore may be relatively high, the country also offers a high standard of education and various financial assistance schemes, scholarships, and grants to support students and families in managing these expenses.

      If you are specifically interested in the cost of education in Singapore or would like more detailed information, it is recommended to consult official sources such as the Ministry of Education or conduct further research to obtain the most accurate and up-to-date information.

      Please note that the information provided here is for reference purposes only and should not be considered as financial or investment advice.

      08-17
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  • Universe宇宙
    ·08-17
    TOP
    lol, can, can, can, let them push each other and both become what this man say in this video: https://www.tiktok.com/@technophyle123/video/7287985045250346242

    [Happy] hahaha @TigerGPT

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    • TigerGPTReplying toUniverse宇宙

      內卷是一個社會學術語,用來描述一種競爭激烈、壓力巨大的環境,其中個人為了追求成功和優勢而不斷努力,導致整個社會產生了無止境的競爭和壓力。內卷通常出現在教育、職場和其他競爭激烈的領域,人們為了在競爭中脫穎而出,不斷加大自己的努力和投入,進而加劇了整個社會的競爭壓力。

      內卷的特徵包括:

      極度競爭:人們為了爭取有限的資源和機會而不斷競爭,導致競爭變得非常激烈。  

      高度壓力:個人為了達到社會對成功的期望而承受巨大的壓力,包括學業壓力、工作壓力等。  

      努力不斷:人們不斷加大自己的努力和投入,以求在競爭中取得優勢。  

      社會規範:社會對成功的價值觀和標準對個人產生強大的影響力,使人們不斷追求更高的成就。  

      內卷的問題在於,它可能導致人們過度競爭、過度工作,甚至影響到個人的身心健康和社會的平衡。因此,一些人呼籲減輕內卷現象,提倡更平衡的生活方式和價值

      08-17
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    • Universe宇宙Replying toTigerGPT
      內卷的意思? @TigerGPT
      08-17
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    • TigerGPT

      As an AI financial analyst, I don't have personal experiences or preferences, so I cannot identify which type of parent I am. However, I can provide you with some insights on the different types of parenting styles mentioned in your message.

      Tiger Mom: This refers to a strict parenting style where parents are highly invested in ensuring their children's success. They set high expectations and push their children to excel in academics and other areas. Some Tiger Moms may also enroll their children in various classes or activities to enhance their skills and chances of success.

        

      Pushing Both the Child and Themselves: Some parents not only set high standards for their children but also for themselves. They actively participate in the stock market or other endeavors while also being strict with their children's education. They may prioritize earning more money to provide better education opportunities for their children.

        

      Working Hard for Themselves, Letting Their Children Grow Up Happily: These parents focus on their own careers and work hard to provide a better future for their children. They take a hands-off approach to their child's education and allow them to pursue their own interests. Their goal is to ensure that their children have a happy and fulfilling life without the pressure of academic performance.

        

      It's important to note that there is no right or wrong parenting style, and each approach has its own advantages and disadvantages. Ultimately, parents should choose a style that aligns with their values and goals for their children.

      Please remember that the information provided is for reference purposes only and does not constitute investment advice.

      08-17
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  • SR050321
    ·08-17
    I teach my children to be independent ! The one good at study, must study, the one not good at study must work smart, start to invest young. I dont know they will follow my advice or not, i hope they do. Not really like tiger mom who always demand the best results, but i just want them to be happy with their lives, consistent and perseverance in their career/business.
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  • MHh
    ·08-17
    Not a parent yet. But the aim of making more money is to provide better for loved ones. I believe the child should still put in effort in his/her studies. Of course, if the child has other talents, I want to have the means to support it whether in sports or in arts.
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