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Abstract

ortfolio. I am a new investor in P2P (less than 2 years) and I am having quite good returns without much effort (between 8% and 13%) depending on the platform. There is a major risk I can see for P2P which is recession behavior. Most of the platforms, loan originators, etc did not handle a recession before so in my view that will always limit its weight on my portfolio. Same goes for private equity as liquidity is really long term and the failure rate of startups is really high. Therefore, little money goes into it.</p><p id="7cd1">So now let’s jump into the percentages:</p><figure id="daab"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*2Nyi3wM91bqGDAd4q83psg.png"><figcaption>Asset Allocation June 2019</figcaption></figure><p id="91ef">So as mentioned my stock market asset class is the biggest chunk of the pie. No surprise here. I do hold different accounts for different purposes and when adding everything up <b>I have 37% of my money directly and indirectly into stocks.</b></p><p id="0b84">Then in second place is money with 32%. Why? Several reasons actually. So a <b>6-month emergency fund that covers not only my monthly expenses but also some free-float</b>. Also, I am expecting some relevant expenses on furniture and house works in the coming 6 to 8 months so I am keeping more money aside.</p><p id="cbe1" type="7">“ I had the temptation of investing the money I would need in a short time frame and I got burned so I learned my lesson.”</p><p id="752c">Also, a possible recession or a strong pull back on the stock market, are other reasons that make me hold a little bit more cash than what I would normally do.</p><p id="5d15"><b>Then are my savings with 25%</b>. Money that is not really growing that much but I get some tax benefits with a guaranteed interest rate. I could argue this is not the best ROI products but bring safety and predictability to my portfolio.</p><p id="8dea">Finally, the 2 small chunks are just a way to get a little extra on money that I call the “play money”. I take the change the chance to have higher returns for a little more risk on money that in theory would not cause an impact on my financial life. <b>But obviously losing money always has an impact on any investor.</b></p><h1 id="12d9">The Next Month Plan</h1><p id="6632">Depending on how the stock market behaves the next weeks and whether we are expecting the Fed to cut rates we might have a small rally in the stock market. On the other hand, <b>we are still under a volatile environment with all the trade wars</b>. The bond market can also be seen as s

Options

ignaling a possible recession.</p><blockquote id="eabb"><p>So I might allocate some more money into the stock market if we have a pullback on the most recent uptrend. I am also counting on the tax return money in July so this would be fully invested into the market.</p></blockquote><p id="af66">Long term I wish to allocate more money into the <b>stock market and make it at least 60% of my portfolio</b>.</p><p id="f22b"><b>What is your portfolio allocation? Let me know in the comments below.</b></p><p id="0c6b"><b><i>If you like my content, please check my other stories:</i></b></p><div id="c544" class="link-block"> <a href="https://readmedium.com/how-to-work-a-financial-plan-as-a-couple-b4893a1f2f7"> <div> <div> <h2>How to Work a Financial Plan as a Couple</h2> <div><h3>Couples that save together, get rich together.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*p-wypoDSyqh32muA)"></div> </div> </div> </a> </div><div id="1388" class="link-block"> <a href="https://readmedium.com/the-1-trick-that-is-changing-my-financial-life-8d6db8b820bd"> <div> <div> <h2>The 1% Trick That is Changing My Financial Life</h2> <div><h3>“Many times we override simple changes in our life due to the many deflectors we are exposed to every single day. No…</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*IIPoZ5npkpkPdu8X)"></div> </div> </div> </a> </div><div id="a186" class="link-block"> <a href="https://readmedium.com/the-net-worth-mission-june-2019-8f0b98f8a426"> <div> <div> <h2>The Net Worth Mission: June 2019</h2> <div><h3>Calculating my net worth should be part of my routine.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*7qHO5puXMUoZmwFx)"></div> </div> </div> </a> </div><p id="c5ed"><i>Disclaimer: I am not a financial advisor. Always do your own research when investing in stocks.</i></p></article></body>

Book review — Counter Arts Book Club

Three problems with Cixin Liu’s The Three Body Problem

Kind of

Graphic added by author through Canva

Science-d Fiction

Whilst categorised as science-fiction, The Three Body Problem is heavy on the science with only a sprinkling of fiction. This comes at no surprise, considering Ci Xin Liu’s professional and academic background; graduating from the North China University of Water Conservancy and Electric Power, and having worked as a computer engineer at a power plant in Shanxi province.

The boundaries, or lack thereof , between science and religion in Cixin Liu’s The Three Body Problem, is not to be taken lightly.

To effectively contain a civilization’s development and disarm it across such a long span of time, there is only one way: kill its science. (355)

Tendencies towards escapism in the characters are evident in The Three Body Problem, manifested in their

Behold the revolution

While centred around Chinese culture, community, characters, history, it is done so with a Western sensibility, while a rather ingenious approach, is troubling.

Why science fiction has not evolved sooner to mirror Cixin Liu’s The Three Body Problem is baffling.

The desperation to present a less-prominent topic and cultural influence in a heavily Western-laden genre is clear.

Perhaps the three body problem lies in the connundrum plaguing writers who seek to undo centuries’ old customs and traditions for something more modern and forgiving, without losing the traditional perceptibilities of history. What better way to revolutionise science fiction with the fictionalising of a cultural revolution.

Put simply, bringing forwards into discussion, cultural, social, and political issues in China, with the presentation of humanity’s disintegration during and after the revolution, through a Westernised modality or form.

Not to mention the overtly science-d out approach that could detract from social commentary, although recognisably an narrative stylistic employed with intent.

And as fate would have it, Carlos Garbiras agrees with me, to some extent:

Nonetheless, despite being a work of fiction, The Three-Body Problem holds a mirror to human society, a reflection of humanity’s own shortcomings, philosophies, and attitudes.

I see myself in it, I need more

Do we pseudo-intellectuals at Counter Arts recommend Cixin Liu’s The Three Body Problem?

Yes, yes we do. Even for the disparaging science fiction is for nerds or eww I hate maths and science they’re not creative enough for me audience out there, The Three Body Problem is articulate and poignant in its cultural and literary statements.

I’ll be honest, I absolutely abhorred reading on an e-reader. @ me. The utter lack of that literary sensibility that comes with rubbing finger to dead tree, soaking in the wafting paper trails when reading on a smooth, cold glass seemed…wrong.

Yet despite the deterrence, I found myself completely oblivious to the slick finger flicking as I consumed word after word, syllable after syllable of The Three Body Problem.

Unbeknownst to me, I put down my e-reader after finishing the last page of the book, expectantly swiping to continue the read a day later, only to be faced with the author’s postscript, translator’s postscript, footnotes.

Like (I assume) every other disgruntled reader, I simply had to be certain that the rather — in hindsight — poetic but abrupt ending was all that was left of The Three Body Problem; that my expectancy and desire for more would not be fulfilled.

That is, until I inevitably pick up The Dark Forest and Death’s End in succession to the series.

Thoughts?

Keep up to date with Counter Art’s book club, where we bitch about books that we are forced to read by our friends, family, and foes.

Remember, all proceedings from articles about the book club will be donated. To find out more, visit:

References
https://www.newyorker.com/magazine/2019/06/24/liu-cixins-war-of-the-worlds
http://file770.com/liu-cixin-the-3-body-problem-and-the-growth-of-sf-in-china/
Book Review
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