There is a thinking stuff from which all things are made, and which, in its original state, permeates, penetrates, and fills the interspaces of the universe.
A thought, in this substance, produces the thing that is imaged by the thought.
Man can form things in his thought, and, by impressing his thought upon formless substance, can cause the thing he thinks about to be created.
The Science of Getting Rich by Wallace D. Wattles
Saturday, 26 July 2008
Tuesday, 10 June 2008
Quotes
Uncertainty
The fundamental law of investing is the uncertainty of the future.
Investing quotes by
Peter Bernstein
The fundamental law of investing is the uncertainty of the future.
Investing quotes by
Peter Bernstein
Quotes
Limit Your Losses
The market will decide how much profit to give you. Only you can decide how much to limit your loss.
Linda Bradford Raschke
The market will decide how much profit to give you. Only you can decide how much to limit your loss.
Linda Bradford Raschke
Quotes
Key To Trading Success Is Emotional Discipline
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.
Victor Sperandeo
Posted by Smart Money
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.
Victor Sperandeo
Posted by Smart Money
The Mental Aspect of Trading
The Mental Aspect of Trading
by Linda Bradford Raschke
Many traders quickly come to acknowledge that despite being familiar with winning strategies, systems, and money management techniques, trading success is dependent on your psychological state of mind. If you're a trader just starting out, where do you find the initial confidence to pull the trigger? How do you deal with the down times without digging yourself deeper into the hole? If you are in a hole, how do you work your way back out? How do experienced traders push through the ceiling of profitability that caps their initial trading years and make a truly fabulous living?
Trading is a performance-oriented discipline. Stress and mental pressures can affect your ability to function and impact your bottom line. Much of what has been learned about achieving peak performance in both business and sports can be applied to trading. But before looking at some of these factors, let's first examine the ways that trading differs from other businesses.
Intellect has nothing to do with your ability as a trader. Success is not a function of how smart you are or how much you have applied yourself academically. This is hard to accept in a society that puts a premium on intellect.
There is no customer or client good will built up each day in your business. Customer relationships, traditionally important in American businesses, have little to do with a trader's profitability. Each day is a clean slate.
The traditionally 8-5 work ethic doesn't apply in this business! A trader could sit in front of a screen all day waiting for a recognizable pattern to occur and have nothing happen. There is a temptation to take marginal trades just so a trader can feel like he's doing something. There's also the dilemma of putting in constant hours of research, having nothing to show for it, and not getting paid for the work done. Yet if a trader works too hard, he risks burn- out. And what about those months where 19 out of 20 days are profitable, but the trader gives it all back in one or two bad days? How can a trader account for his productivity in these situations?
If you were to invest time, energy, and emotion into developing a business venture and backed out at the last minute, it would be considered a failure. However, you should be able to invest time and energy into researching a trading idea, and yet still be able to change your mind at the last minute. Market conditions change, and we cannot be expected to predict all the variables with foresight. Getting out of a bad trade with only a small loss should be considered a big success!
What IS the definition of a successful trader? He should feel good about himself and enjoy playing the game. You can make a few small trades a year as a hobby, generate some very modest profits, and be quite successful because you had fun. There are also aggressive traders who have had big years, but ultimately blow-out, ruin their health or lead miserable lives from all the stress they put themselves under.
Principles of Peak Performance
The first principle of peak performance is to put fun and passion first. Get the performance pressures out of your head. Forget about statistics, percentage returns, win/loss ratios, etc. Floor-traders scratch dozens of trades during the course of a day, but all that matters is whether they're up at the end of the month.
Don't think about TRYING to win the game - that goes for any sport or performance-oriented discipline. Stay involved in the process, the technique, the moment, the proverbial here and now.! A trader must concentrate on the present price action of the market. A good analogy is a professional tennis player who focuses only on the point at hand. He'll probably lose half the points he plays, but he doesn't allow himself to worry about whether or not he's down a set. He must have confidence that by concentrating on the techniques he's worked on in practice, the strengths in his game will prevail and he will be able to outlast his opponent.
The second principle of peak performance is confidence. in yourself, your methodology, and your ability to succeed. Some people are naturally born confident. Other people are able to translate success from another area in their life. Perhaps they were good in sports, music, or academics growing up. There's also the old-fashioned "hard work" way of getting confidence. Begin by researching and developing different systems or methodologies. Put in the hours of backtesting. Tweak and modify the systems so as to make them your own. Study the charts until you've memorized every significant swing high or low. Self-confidence comes from developing a methodology that YOU believe in.
Concentrate on the technical conditions. Have a clear game plan. Don't listen to CNBC, your broker, or a friend. You must do your own analysis and have confidence in your game plan to be a successful trader.
Analyze the markets when they are closed. Your job during the day is to monitor markets, execute trades and manage positions. Traders should be like fighter pilots - make quick decisions and have quick reflexes. Their plan of attack is already predetermined, yet they must be ready to abort their mission at any stage of the game.
Just as you should put winning out of your mind, so should you put losing out of your mind - quickly. A bad trade doesn't mean you've blown your day. Get rid of the problem quickly and start making the money back. It's like cheating on a diet. You can't undo the damage that's been done. However, it doesn't mean you've blown your whole diet. Get back on track and you'll do fine.
For that matter, the better you are able to eliminate emotions from your day, the better off you will be. A certain amount of detachment adds a healthy dose of objectivity.
Trading is a great business because the markets close at the end of the day (at least some of them). This gives you a zero point from which to begin the next day - a clean slate. Each day is a new day. Forget about how you did the week before. What counts is how you do today!
Sometimes what will happen during the day comes down to knowing yourself. Are you relaxed or distracted? Are you prepared or not? If you can't trade that day, don't! - and don't overanalyze the reasons why or why not. Is psychoanalyzing your childhood going to help your trading? Nonsense!
The third important ingredient for achieving peak performance is attitude. Attitude is how you deal with the inevitable adverse situations that occur in the markets. Attitude is also how you handle the daily grind, the constant 2 steps forward and 2 steps back. Every professional has gone through long flat times. Slumps are inevitable for it's impossible to stay on top of your game 100% of the time. Once you've dug yourself out of a hole, no matter how long it takes, you know that you can do it again. If you've done something once, it is a repeatable act. That knowledge is a powerful weapon and can make you a much stronger trader.
Good trades don't always work out. A good trade is one that has the probabilities in its favor, but that doesn't mean that it will always work out. People who have a background in game theory understand this well. The statistics are only meaningful when looking at a string of numbers. For example, in professional football, not every play is going to gain yardage. What percentage of games do you need to win in order to make the playoffs? It's a number much smaller than most of us are willing to accept in our own win/loss ratios!
Here is an interesting question: should you look at a trade logically or psychologically? In other words, should every trade stand on its own merits? Theoretically, yes, but in real life it doesn't always work that way. A trader is likely to manage a position differently depending on whether the previous trade was a winner or a loser.
How does one know when to take profits on a good trade? You must ask yourself first how greedy do you want to be, or, how much money do you want to make? And also, does your pattern have a "perceived profit" or objective level? Why is it that we hear successful winning traders complain far more about getting out of good trades too soon than not getting out of bad trades soon enough? There's an old expression: "Profits are like eels, they slip away."
Successful traders are very defensive of their capital. They are far more likely to exit a trade that doesn't work right away than to give it the benefit of the doubt. The best trades work right away!
OK. Realistically, every trader has made a stubborn, big losing trade. What do you do if you're really caught in a pickle? The first thing is to offer a "prayer to the Gods". This means, immediately get rid of half your position. Cut down the size. Right off the bat you are taking action instead of freezing up. You are reducing your risk, and you have shifted the psychological balance to a win-win situation. If the market turns around, you still have part of your position on. If it continues against you, your loss will be more manageable. Usually, you will find that you wished you exited the whole position on the first order, but not everyone is able to do this.
At an annual Market Technician's conference, a famous trader was speaking and someone in the audience asked him what he did when he had terrible losing trades. He replied that when his stomach began to hurt, he'd "puke them at the lows along with everyone else." The point is, everyone makes mistakes but sooner or later you're going to have to exit that nasty losing position.
"Feel good" trades help get one back in the game. It's nice to start the day with a winning scalp. It tends to give you more breathing room on the next trade. The day's psychology is shifted in your favor right away. This is also why it's so important to get rid of losing trades the day before. so you don't have to deal with them first thing in the morning. This is usually when the choice opportunity is and you want to be ready to take advantage of it.
A small profitable scalp is the easiest trade to make. The whole secret is to get in and get out of the market as quickly as possible. Enter in the direction of the market's last thrust or impulse. The shorter the period of time you are is the marketplace, the easier it is to make a winning trade. Of course, this strategy of making a small scalp is not substantial enough to make a living, but remember the object is to start the day out on the right foot.
If you are following a methodology consistently (key word), and making money, how do you make more money? You must build up the number of units traded without increasing the leverage. In other words, don't try going for the bigger trade, instead, trade more contracts. It just takes awhile to build up your account or the amount of capital under management. Proper leverage can be the key to your success and longevity in this business. Most traders who run into trouble have too big a trade on. Size influences your objectivity. Your main object should be to stay in the game.
Most people react differently when they're under pressure. They tend to be more emotional or reactive. They tense up and judgement is often impaired. Many talented athletes can't cut it because they choke when the pressure's on. You could be a brilliant analyst but a lousy trader. Consistency is far more important than brilliance. Just strive for consistency in what you do and let go of the performance expectations.
Master the Game
The last key to achieving mental mastery over the game is believing that you can actually do it. Everyone is capable of being a successful trader if they truly believe they can be. You must believe in the power of belief. If you're a recluse skeptic or self-doubter, begin by pretending to believe you can make it. Keep telling yourself that you'll make it even if it takes you five years. If a person's will is strong enough, they will always find a way.
If you admit to yourself that you truly don't have the will to win at this game, don't try to trade. It is too easy to lose too much money. Many people think that they'll enjoy trading when they really don't. It's boring at times, lonely during the day, mentally trying, with little structure or security. The markets are not a logical or fair playing ground. But there are numerous inefficiencies and patterns ready to be exploited, and there always will be.
by Linda Bradford Raschke
Many traders quickly come to acknowledge that despite being familiar with winning strategies, systems, and money management techniques, trading success is dependent on your psychological state of mind. If you're a trader just starting out, where do you find the initial confidence to pull the trigger? How do you deal with the down times without digging yourself deeper into the hole? If you are in a hole, how do you work your way back out? How do experienced traders push through the ceiling of profitability that caps their initial trading years and make a truly fabulous living?
Trading is a performance-oriented discipline. Stress and mental pressures can affect your ability to function and impact your bottom line. Much of what has been learned about achieving peak performance in both business and sports can be applied to trading. But before looking at some of these factors, let's first examine the ways that trading differs from other businesses.
Intellect has nothing to do with your ability as a trader. Success is not a function of how smart you are or how much you have applied yourself academically. This is hard to accept in a society that puts a premium on intellect.
There is no customer or client good will built up each day in your business. Customer relationships, traditionally important in American businesses, have little to do with a trader's profitability. Each day is a clean slate.
The traditionally 8-5 work ethic doesn't apply in this business! A trader could sit in front of a screen all day waiting for a recognizable pattern to occur and have nothing happen. There is a temptation to take marginal trades just so a trader can feel like he's doing something. There's also the dilemma of putting in constant hours of research, having nothing to show for it, and not getting paid for the work done. Yet if a trader works too hard, he risks burn- out. And what about those months where 19 out of 20 days are profitable, but the trader gives it all back in one or two bad days? How can a trader account for his productivity in these situations?
If you were to invest time, energy, and emotion into developing a business venture and backed out at the last minute, it would be considered a failure. However, you should be able to invest time and energy into researching a trading idea, and yet still be able to change your mind at the last minute. Market conditions change, and we cannot be expected to predict all the variables with foresight. Getting out of a bad trade with only a small loss should be considered a big success!
What IS the definition of a successful trader? He should feel good about himself and enjoy playing the game. You can make a few small trades a year as a hobby, generate some very modest profits, and be quite successful because you had fun. There are also aggressive traders who have had big years, but ultimately blow-out, ruin their health or lead miserable lives from all the stress they put themselves under.
Principles of Peak Performance
The first principle of peak performance is to put fun and passion first. Get the performance pressures out of your head. Forget about statistics, percentage returns, win/loss ratios, etc. Floor-traders scratch dozens of trades during the course of a day, but all that matters is whether they're up at the end of the month.
Don't think about TRYING to win the game - that goes for any sport or performance-oriented discipline. Stay involved in the process, the technique, the moment, the proverbial here and now.! A trader must concentrate on the present price action of the market. A good analogy is a professional tennis player who focuses only on the point at hand. He'll probably lose half the points he plays, but he doesn't allow himself to worry about whether or not he's down a set. He must have confidence that by concentrating on the techniques he's worked on in practice, the strengths in his game will prevail and he will be able to outlast his opponent.
The second principle of peak performance is confidence. in yourself, your methodology, and your ability to succeed. Some people are naturally born confident. Other people are able to translate success from another area in their life. Perhaps they were good in sports, music, or academics growing up. There's also the old-fashioned "hard work" way of getting confidence. Begin by researching and developing different systems or methodologies. Put in the hours of backtesting. Tweak and modify the systems so as to make them your own. Study the charts until you've memorized every significant swing high or low. Self-confidence comes from developing a methodology that YOU believe in.
Concentrate on the technical conditions. Have a clear game plan. Don't listen to CNBC, your broker, or a friend. You must do your own analysis and have confidence in your game plan to be a successful trader.
Analyze the markets when they are closed. Your job during the day is to monitor markets, execute trades and manage positions. Traders should be like fighter pilots - make quick decisions and have quick reflexes. Their plan of attack is already predetermined, yet they must be ready to abort their mission at any stage of the game.
Just as you should put winning out of your mind, so should you put losing out of your mind - quickly. A bad trade doesn't mean you've blown your day. Get rid of the problem quickly and start making the money back. It's like cheating on a diet. You can't undo the damage that's been done. However, it doesn't mean you've blown your whole diet. Get back on track and you'll do fine.
For that matter, the better you are able to eliminate emotions from your day, the better off you will be. A certain amount of detachment adds a healthy dose of objectivity.
Trading is a great business because the markets close at the end of the day (at least some of them). This gives you a zero point from which to begin the next day - a clean slate. Each day is a new day. Forget about how you did the week before. What counts is how you do today!
Sometimes what will happen during the day comes down to knowing yourself. Are you relaxed or distracted? Are you prepared or not? If you can't trade that day, don't! - and don't overanalyze the reasons why or why not. Is psychoanalyzing your childhood going to help your trading? Nonsense!
The third important ingredient for achieving peak performance is attitude. Attitude is how you deal with the inevitable adverse situations that occur in the markets. Attitude is also how you handle the daily grind, the constant 2 steps forward and 2 steps back. Every professional has gone through long flat times. Slumps are inevitable for it's impossible to stay on top of your game 100% of the time. Once you've dug yourself out of a hole, no matter how long it takes, you know that you can do it again. If you've done something once, it is a repeatable act. That knowledge is a powerful weapon and can make you a much stronger trader.
Good trades don't always work out. A good trade is one that has the probabilities in its favor, but that doesn't mean that it will always work out. People who have a background in game theory understand this well. The statistics are only meaningful when looking at a string of numbers. For example, in professional football, not every play is going to gain yardage. What percentage of games do you need to win in order to make the playoffs? It's a number much smaller than most of us are willing to accept in our own win/loss ratios!
Here is an interesting question: should you look at a trade logically or psychologically? In other words, should every trade stand on its own merits? Theoretically, yes, but in real life it doesn't always work that way. A trader is likely to manage a position differently depending on whether the previous trade was a winner or a loser.
How does one know when to take profits on a good trade? You must ask yourself first how greedy do you want to be, or, how much money do you want to make? And also, does your pattern have a "perceived profit" or objective level? Why is it that we hear successful winning traders complain far more about getting out of good trades too soon than not getting out of bad trades soon enough? There's an old expression: "Profits are like eels, they slip away."
Successful traders are very defensive of their capital. They are far more likely to exit a trade that doesn't work right away than to give it the benefit of the doubt. The best trades work right away!
OK. Realistically, every trader has made a stubborn, big losing trade. What do you do if you're really caught in a pickle? The first thing is to offer a "prayer to the Gods". This means, immediately get rid of half your position. Cut down the size. Right off the bat you are taking action instead of freezing up. You are reducing your risk, and you have shifted the psychological balance to a win-win situation. If the market turns around, you still have part of your position on. If it continues against you, your loss will be more manageable. Usually, you will find that you wished you exited the whole position on the first order, but not everyone is able to do this.
At an annual Market Technician's conference, a famous trader was speaking and someone in the audience asked him what he did when he had terrible losing trades. He replied that when his stomach began to hurt, he'd "puke them at the lows along with everyone else." The point is, everyone makes mistakes but sooner or later you're going to have to exit that nasty losing position.
"Feel good" trades help get one back in the game. It's nice to start the day with a winning scalp. It tends to give you more breathing room on the next trade. The day's psychology is shifted in your favor right away. This is also why it's so important to get rid of losing trades the day before. so you don't have to deal with them first thing in the morning. This is usually when the choice opportunity is and you want to be ready to take advantage of it.
A small profitable scalp is the easiest trade to make. The whole secret is to get in and get out of the market as quickly as possible. Enter in the direction of the market's last thrust or impulse. The shorter the period of time you are is the marketplace, the easier it is to make a winning trade. Of course, this strategy of making a small scalp is not substantial enough to make a living, but remember the object is to start the day out on the right foot.
If you are following a methodology consistently (key word), and making money, how do you make more money? You must build up the number of units traded without increasing the leverage. In other words, don't try going for the bigger trade, instead, trade more contracts. It just takes awhile to build up your account or the amount of capital under management. Proper leverage can be the key to your success and longevity in this business. Most traders who run into trouble have too big a trade on. Size influences your objectivity. Your main object should be to stay in the game.
Most people react differently when they're under pressure. They tend to be more emotional or reactive. They tense up and judgement is often impaired. Many talented athletes can't cut it because they choke when the pressure's on. You could be a brilliant analyst but a lousy trader. Consistency is far more important than brilliance. Just strive for consistency in what you do and let go of the performance expectations.
Master the Game
The last key to achieving mental mastery over the game is believing that you can actually do it. Everyone is capable of being a successful trader if they truly believe they can be. You must believe in the power of belief. If you're a recluse skeptic or self-doubter, begin by pretending to believe you can make it. Keep telling yourself that you'll make it even if it takes you five years. If a person's will is strong enough, they will always find a way.
If you admit to yourself that you truly don't have the will to win at this game, don't try to trade. It is too easy to lose too much money. Many people think that they'll enjoy trading when they really don't. It's boring at times, lonely during the day, mentally trying, with little structure or security. The markets are not a logical or fair playing ground. But there are numerous inefficiencies and patterns ready to be exploited, and there always will be.
Quotes
Trading Quotes - The Key Is Consistency And Discipline
Almost anybody can make up a list of rules that are 80% as good as what we taught. What they can't do is give people the confidence to stick to those rules even when things are going bad.
Richard Dennis
Almost anybody can make up a list of rules that are 80% as good as what we taught. What they can't do is give people the confidence to stick to those rules even when things are going bad.
Richard Dennis
Quotes
Look For The Best Odds
A good signal jumps at you from the chart and grabs you by the face - you can't miss it! It pays to wait for such signals instead of forcing trades when the market offers you none. Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.
Dr. Alexander Elder, Come Into My Trading Room
A good signal jumps at you from the chart and grabs you by the face - you can't miss it! It pays to wait for such signals instead of forcing trades when the market offers you none. Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.
Dr. Alexander Elder, Come Into My Trading Room
Quotes
Patience
Patience is the hardest part of trading and investing, but also the most important, for it is in the waiting that we make bigger profits.
William F. Eng, Trading Rules
Patience is the hardest part of trading and investing, but also the most important, for it is in the waiting that we make bigger profits.
William F. Eng, Trading Rules
Monday, 9 June 2008
Enzion Holdings
As expected, STI slide 62 points but well-supported at 3000 points. I took up a position - Enzion Holdings.
Buy Price: 0.47
Target Price: 0.77
Wish me good luck!
Hopefully there will be more downside as I am aiming to average down even more. This is for sure a good counter and I hope I can hang on to this.
Strategic - Sell on technical rebound.
Compared to 10 months ago, I feel that I am more ready and less emotional whenever I take up a position or sell a stock. The fear is still there but lesser impact right now.
fingers cross baby!
Buy Price: 0.47
Target Price: 0.77
Wish me good luck!
Hopefully there will be more downside as I am aiming to average down even more. This is for sure a good counter and I hope I can hang on to this.
Strategic - Sell on technical rebound.
Compared to 10 months ago, I feel that I am more ready and less emotional whenever I take up a position or sell a stock. The fear is still there but lesser impact right now.
fingers cross baby!
Sunday, 8 June 2008
Great Singapore Sale
Bloodshed on Wall Streets last Friday, it's been sometime since DJ drop a whopping 394 points. Get ready for some great shopping on Monday. STI will be the focal point since Hong Kong is having a public holiday tomorrow. I am a person who believed in sixth sense and volume trade, offload Raffles Education, Golden Agri, and take profit for Ezra on Friday and sold all my stupid unit-trust fund as well. I will NEVER EVER buy unit-trust anymore! Also, I will cut down my holdings to 3-4 (most 5)
Radar on:
Current Holdings
Radar on:
- SPC
- Enzion Holdings
- Kepland
Current Holdings
- Ezra
- Yanlord
- Olam
Sunday, 25 May 2008
Continue...
Remember: "Things that take the longest to manifest will be long lasting and greatly appreciated." The two of you are a destined masterpiece of mind, body, spirit, and emotional views of supernatural hope in living form. Feed from each other's downfalls, mistakes, carelessness and overall learning acts because before anything can become its superior best, it must go through the testing fires more than just once.
Men and woman want a partner who is truly on their side and someone who will respect them, regardless of the situations that may find themselves involved in from time to time. Expressing the areas of blame too often can sometimes run a mate, friend or partner off. People get weak and make bad decisions from time to time, but for an understanding partner, this is a good time to help strengthen your partner, as he or she realizes the fullness of their wrongdoings. Helping them to overcome an error of judgement will most likely prevent it from occurring again. Anything can be forgiven, as long as there are genuine concerns and agreements to leave it in the past and build upon a better present and future.
Too many men and women are challenging one another, rather than trying to build a strong relatinoship. One or the other is so self-centered that they are always speaking out on the job they have, the amount of money they are making, and certain gifts that they have given in the past. Often, the individual may have numerous expressed feelings that justify their inability to perform a non-respectful act of some kind.
Men and woman want a partner who is truly on their side and someone who will respect them, regardless of the situations that may find themselves involved in from time to time. Expressing the areas of blame too often can sometimes run a mate, friend or partner off. People get weak and make bad decisions from time to time, but for an understanding partner, this is a good time to help strengthen your partner, as he or she realizes the fullness of their wrongdoings. Helping them to overcome an error of judgement will most likely prevent it from occurring again. Anything can be forgiven, as long as there are genuine concerns and agreements to leave it in the past and build upon a better present and future.
Too many men and women are challenging one another, rather than trying to build a strong relatinoship. One or the other is so self-centered that they are always speaking out on the job they have, the amount of money they are making, and certain gifts that they have given in the past. Often, the individual may have numerous expressed feelings that justify their inability to perform a non-respectful act of some kind.
Continue...
A man can never feel completeness without his involvement with the opposite sex. His weaknesses and greater strengths are found in the female, who understands her role in the path of life. On the other side of the coin, the female can never fulfill her completeness without experiencing a wholesome involvement with her opposite sex mate.
Men look for the lacking element of warmth that only a caring mother can give at birth. Females look for the strong security and protection that comes from a caring father for his family and household. Male and female mates have these traits within them, and they can be brought forth with any caring desire.
Two minds working as one is a team of action that will bring many desirable results and rewards. When the initial infuuences of men remain as a leader, home provider, protector, a clever winning decision-maker, a hunter (whose aim is to find whatever is necessary to reach his goals), a planner, a sensitive and understanding gentleman, as well as a romantic lover, his spiritual blueprint will guide him into successes beyond his original imagination.
As for men, women too should realize that their job as a mate, partner, helper, romantic lover, the keeper of trust worthy secrets, organizer, a loving mother of her children, and the strong visualizer of things to come must keep her king or prince's domain comfortable and stimulating. The spirit of a woman can make her man feel like he is a superman, long before he reaches such a level. Treatment, belief, and verbal reassurance have unseen powers that can allow supernatural forces to enter any vessel or body whose mind is pleased with his helper and home front. Great ideas and enthusiasm come through the mystical minds of men who know that they are loved and entrusted to win their unforeseen battles. A little encouragement in the warm arms of a caring mate, most often brings forth little miracles that keep the team tight and tough to beat in any battle.
Life is filled with mysteries, setbacks, up and down periods, but a comforting attitude of sure confidence will make blessings manifest. Even when things aren't so great, there is always a cheerful tomorrow coming with unexpected opportunities. Every day is a great day, especially when you know that you are not alone in your battle for survival.
All good things that will bring lasting comfort in our lives take a little time to manifest it, but for those who learn the rules of patience, their days for prospering and reaping the good fruits that we truly deserve will be there as promised. Great faith and belief in your plans must be revealed in your daily attitudes in order to reel in your expectations, just as a very patient fisherman would do! Remember: - The calmness of a fruitful mind produces a warm, tender and understanding attitude.
Men look for the lacking element of warmth that only a caring mother can give at birth. Females look for the strong security and protection that comes from a caring father for his family and household. Male and female mates have these traits within them, and they can be brought forth with any caring desire.
Two minds working as one is a team of action that will bring many desirable results and rewards. When the initial infuuences of men remain as a leader, home provider, protector, a clever winning decision-maker, a hunter (whose aim is to find whatever is necessary to reach his goals), a planner, a sensitive and understanding gentleman, as well as a romantic lover, his spiritual blueprint will guide him into successes beyond his original imagination.
As for men, women too should realize that their job as a mate, partner, helper, romantic lover, the keeper of trust worthy secrets, organizer, a loving mother of her children, and the strong visualizer of things to come must keep her king or prince's domain comfortable and stimulating. The spirit of a woman can make her man feel like he is a superman, long before he reaches such a level. Treatment, belief, and verbal reassurance have unseen powers that can allow supernatural forces to enter any vessel or body whose mind is pleased with his helper and home front. Great ideas and enthusiasm come through the mystical minds of men who know that they are loved and entrusted to win their unforeseen battles. A little encouragement in the warm arms of a caring mate, most often brings forth little miracles that keep the team tight and tough to beat in any battle.
Life is filled with mysteries, setbacks, up and down periods, but a comforting attitude of sure confidence will make blessings manifest. Even when things aren't so great, there is always a cheerful tomorrow coming with unexpected opportunities. Every day is a great day, especially when you know that you are not alone in your battle for survival.
All good things that will bring lasting comfort in our lives take a little time to manifest it, but for those who learn the rules of patience, their days for prospering and reaping the good fruits that we truly deserve will be there as promised. Great faith and belief in your plans must be revealed in your daily attitudes in order to reel in your expectations, just as a very patient fisherman would do! Remember: - The calmness of a fruitful mind produces a warm, tender and understanding attitude.
Hello!
Wow it has been an extremely busy 2 months, so many things happened both good and bad I guessed. Nevertheless, I managed to read 2 good books which I would like to share with everyone.
1- Modern Day Secrets That Can Make You Rich: The Mastery of Common Intelligence by Sir Jonathan
2- New Ideas From Dead CEOs by Todd G.Buchholz
Some good statements which I want to share with everyone;
Many people cant't foresee that all the things that are happening throughout the world are based around a few simple principles. The top three are dollars, political science, and the art of greed. When there is no money being made, there is very little focus on those areas.
When you have been paid very well to perform a believable act, your expertise becomes very highly attractive. If you are a team member and want to keep living beyond ordinary means, receiving big paychecks are for those who strive for the best in their career of this never-ending game.
This is a profession like any other, only the best need to apply. Honesty is a foreign word, which is used in a joking manner in the in-crowd of the wealthy. Fairness and really caring about one another are just tools of expression. Everyday is truly a real battle to overcome your opponents and any challenges that may threaten your work site or paid profession.
Suffering is a negative that many people dislike, and the only way to keep it away from your door is to join in the mix in the jungle of greed. After a while, in the jungle of uncaring people, money and all other material possessions take top priority over all else. Those who have learned that material possessions don't bring happiness, peace and love relationships, are seeking the supernatual powers of and unseen God by learning to walk by faith and not by things of physical sight.
Throughout history, mankind has risen into great power, just to end up destroying what it worked so desperately hard to preserve. Understanding the principles of power and how they relate to everyone and everything is very important indeed. If the lesson isn't learned here on the earth, there is no guarantee that there will ever be another real chance offered. Humans must learn to curb their anger and to control their emotions to an extent that they can prosper from their mental decisions. Building a huge building, just to destroy it soon after you have taken time to admire its creation, doesn't make logical sense. Time must be used more wisely, and the human race should strive for a solution that would keep everyone happy and content for an endless amount of time.
Ideas are mere thought impluses untill they care placed into a meaningful conclusion for the whole of humanity.
1- Modern Day Secrets That Can Make You Rich: The Mastery of Common Intelligence by Sir Jonathan
2- New Ideas From Dead CEOs by Todd G.Buchholz
Some good statements which I want to share with everyone;
Many people cant't foresee that all the things that are happening throughout the world are based around a few simple principles. The top three are dollars, political science, and the art of greed. When there is no money being made, there is very little focus on those areas.
When you have been paid very well to perform a believable act, your expertise becomes very highly attractive. If you are a team member and want to keep living beyond ordinary means, receiving big paychecks are for those who strive for the best in their career of this never-ending game.
This is a profession like any other, only the best need to apply. Honesty is a foreign word, which is used in a joking manner in the in-crowd of the wealthy. Fairness and really caring about one another are just tools of expression. Everyday is truly a real battle to overcome your opponents and any challenges that may threaten your work site or paid profession.
Suffering is a negative that many people dislike, and the only way to keep it away from your door is to join in the mix in the jungle of greed. After a while, in the jungle of uncaring people, money and all other material possessions take top priority over all else. Those who have learned that material possessions don't bring happiness, peace and love relationships, are seeking the supernatual powers of and unseen God by learning to walk by faith and not by things of physical sight.
Throughout history, mankind has risen into great power, just to end up destroying what it worked so desperately hard to preserve. Understanding the principles of power and how they relate to everyone and everything is very important indeed. If the lesson isn't learned here on the earth, there is no guarantee that there will ever be another real chance offered. Humans must learn to curb their anger and to control their emotions to an extent that they can prosper from their mental decisions. Building a huge building, just to destroy it soon after you have taken time to admire its creation, doesn't make logical sense. Time must be used more wisely, and the human race should strive for a solution that would keep everyone happy and content for an endless amount of time.
Ideas are mere thought impluses untill they care placed into a meaningful conclusion for the whole of humanity.
Sunday, 6 April 2008
PDCA ("Plan-Do-Check-Act")
PDCA ("Plan-Do-Check-Act") is an iterative four-step problem-solving process typically used in quality control. It is also known as the Deming Cycle, Shewhart cycle, Deming Wheel, or Plan-Do-Study-Act.
"PLAN
Establish the objectives and processes necessary to deliver results in accordance with the specifications.
DO
Implement the processes.
CHECK
Monitor and evaluate the processes and results against objectives and Specifications and report the outcome.
ACT
Apply actions to the outcome for necessary improvement. This means reviewing all steps (Plan, Do, Check, Act) and modifying the process to improve it before its next implementation."
Now readers, try thinking how this approach can be helpful to your personal investment?
1- PLAN - Assuming I want to reach 100K hard-cold cash by FY2009, which is 20months away from now.
100K divide 20 months = 5K per month.
So how are you going to achieve this 5K per month with a single source of income??? What type of investment suits you in order to achieve compound interest rate of 10-15% per year?
2- DO
Implement action and make sure your net worth heads north over south and know the meaning of "needs" and"wants"
3- CHECK
Ensure that you are staying focus on your plan and spend at least 1 hour every to review your goals
4- ACT
Keep a positive mind frame if you are getting progress and the right result in your forecast plan, however if you are off the track along the way, do something about it to bring what is wrong to right.
"PLAN
Establish the objectives and processes necessary to deliver results in accordance with the specifications.
DO
Implement the processes.
CHECK
Monitor and evaluate the processes and results against objectives and Specifications and report the outcome.
ACT
Apply actions to the outcome for necessary improvement. This means reviewing all steps (Plan, Do, Check, Act) and modifying the process to improve it before its next implementation."
Now readers, try thinking how this approach can be helpful to your personal investment?
1- PLAN - Assuming I want to reach 100K hard-cold cash by FY2009, which is 20months away from now.
100K divide 20 months = 5K per month.
So how are you going to achieve this 5K per month with a single source of income??? What type of investment suits you in order to achieve compound interest rate of 10-15% per year?
2- DO
Implement action and make sure your net worth heads north over south and know the meaning of "needs" and"wants"
3- CHECK
Ensure that you are staying focus on your plan and spend at least 1 hour every to review your goals
4- ACT
Keep a positive mind frame if you are getting progress and the right result in your forecast plan, however if you are off the track along the way, do something about it to bring what is wrong to right.
Target Price Revised - 6th April 2008
Target Price
Capitaland 8.00
Ezra 4.0
Yanlord 3.3
SembCorp Marine 4.50
Olam 3.5
Raffles Education 2.0
Golden Agriculture 1.30
**Shortlist - ARA, SembCrop Industries, OCBC, KS Energy, Swiber, Parkway Holdings, and (more) Capitaland
Saturday, 5 April 2008
My Favourite Links/Blogs
Ok for readers who are too lazy to research on the market news, you can find below the links for good references:
Blogs
1- http://singaporestockmarket.blogspot.com/
2- http://singaporemind.blogspot.com/
3- http://how-to-be-rich-and-happy.blogspot.com/
4- http://tradingquotes.blogspot.com/
5- http://sgmusicwhiz.blogspot.com/
6- http://extraordinaryprofits.blogspot.com/
Website
1- http://www.financeasia.com/
2- http://www.listedcompany.com/
3- http://www.fool.com/
4- http://www.remisiers.org/
5- http://www.investopedia.com/
6- http://www.salary.sg/
7- http://www.briefing.com/
Blogs
1- http://singaporestockmarket.blogspot.com/
2- http://singaporemind.blogspot.com/
3- http://how-to-be-rich-and-happy.blogspot.com/
4- http://tradingquotes.blogspot.com/
5- http://sgmusicwhiz.blogspot.com/
6- http://extraordinaryprofits.blogspot.com/
Website
1- http://www.financeasia.com/
2- http://www.listedcompany.com/
3- http://www.fool.com/
4- http://www.remisiers.org/
5- http://www.investopedia.com/
6- http://www.salary.sg/
7- http://www.briefing.com/
Tomorrow isn't guaranteed
Saw this article on Business Times today - enjoy...
LIFE is fragile. Life is transient. And the unexpected departure of former colleague Eddie Toh from this world last Sunday was, for me, a much-needed reminder to take stock.
In our hectic lives, the days literally zoom past; it seems like everything is in fast-forward mode. Rarely do we have time to stop and consider what is really important to us.
It seems like just yesterday when a friend of mine, Carol, called me around 10 on a Sunday morning.
'Guess who's in front of me now,' she said.
Me: 'How would I know?'
Carol: 'Thaksin. He's having bak kut teh at Ah Sio Bak Kut Teh at
Me: 'You sure it's him? Aiya, even if it is him, he may be gone by the time I get there.'
I put down the phone. But the chance that The Business Times could score a scoop with deposed Thai prime minister Thaksin Shinawatra while he was having bak kut teh at
Life's dichotomies
I called Eddie. Knowing the true news hound he was, I was sure he would make his way there. Furthermore, he lived in that area. About 10-15 minutes later, both of us reached Ah Sio's shop about the same time. Eddie came well prepared - with his note book, tape recorder and a barrage a questions for Mr Thaksin. Alas, he never got to ask them; the ex-PM had already finished his breakfast and gone.
To prove that he was there, my friend Carol showed us a photo she took with Mr Thaksin on her handphone. So we ended up having our brunch anyway. Eddie, then the deputy news editor of BT, subsequently got that photo published in the paper.
Although this happened more than a year ago in January 2007 (how time flies!), it is still fresh in my mind.
After that, Eddie left BT - and, alas, we managed to catch up only once for dinner and drinks.
There are a lot of dichotomies in life. Humans as a species are different from others because we can delay our gratification, which is one of the reasons we have progressed more than other animals.
Instead of eating all the food we have straight away, we save some for tomorrow. Instead of spending all that we have today, we save and invest. Instead of enjoying life to the fullest today, we study, we work. We sacrifice spending time doing things we like because we have an exam to take next month, or have a project deadline to meet next week.
We do all this in the hope that, some time in the future, we will get to enjoy the fruit of our labour.
Indeed, it is those who have the discipline to delay gratification who will be successful in life. What can a person make of his life if all he does every day is sip wine, loaf on the beach and feel high?
On the other hand, if we strive too much to keep up with the Joneses and keep on increasing the speed of the treadmill we are on, life becomes a drag.
There is no denying that some folks - a lucky few - derive pleasure from the work they do. Others, however, become too obsessed with material pursuits. As Nassim Taleb noted in his book Fooled by Randomness, the higher a person is promoted, the less of his time will belong to him.
In life, the fact is that we all have to do what we have to do so that we can do what we want to do. We have to work to survive, to indulge ourselves, to ensure we are financially secure so that we can raise a family or devote our time to some cause we believe in.
Perhaps, given the unpredictability of life, we should not feel guilty about pampering ourselves once in a while.
As Berkshire Hathaway's vice- chairman Charlie Munger said, every day you should give the best hour of the day to yourself. It can be spent with a loved one, or it can be spent exercising so you can remain fit and healthy, or it can be spent thinking about how best to manage your finances. And the rest of the time, you can do what you have to do.
But, of course, to have a goal, a target, is what keeps humans going. The key is to try to not make this an all-encompassing purpose that makes you lose sight and perspective of everything else.
One way to keep perspective is to derive pleasure and satisfaction from little achievements along life's path. For me, an article well done is something to be happy about. A dish well cooked is another reason to be satisfied.
But, ultimately, what people seem to remember most about life when they reach the end of their earthly journey is other people who travelled with them and the experiences they shared.
A dinner with a group of friends at
Since we never know what tomorrow will bring, we should make today - every day - count. So give your mum a call. Arrange that lunch with the friend you said you'd meet 'one day'. Make the first move to know a person you have been wanting to know. Buy a ticket to a concert to hear your favourite music.
And while you're at it, try some random kindness with no expectation of receiving anything in return. Make somebody's day. Because, like Eddie, we are all but passing through this world.
My regular readers will know my column is about the nitty-gritty of money, which is something we all need. But sometimes it pays to stop and think: there are plenty of other riches out there too.
Margin of safety
For investor remember one very important rule - Margin of safety, if your target price has not met, don't consider buy yet so you will not fall in the trap of chasing a stock.
Keep this in mind.
Keep this in mind.
Sunday, 30 March 2008
Top 10: Ways To Attract Ah Biee Fast
Always say i don't write about you, nah this is for you!!!
- From AskMen.com
Number 10
Learn the secret language of manhood
When you become a real man -- an independent, strong man who is on his own path -- you’ll begin to communicate differently: You’ll move differently, you’ll hold yourself differently, you’ll respond to situations differently, and you’ll use different words. It’s easy to spot guys who don’t get it or are trying to fake it, but it’s just as easy to spot the guys who do get it. Just like guitar players know whether someone is a great musician or an amateur within the first few notes, women know if you’re a real man in a matter of seconds. This is why it’s so important to work on yourself, your self-image and your “Inner Game” until you know beyond a shadow of a doubt that you’re a real man. When you do, you’ll attract women fast and naturally.Number 9
Make “certainty” part of who you are
People like certainty. If you can provide it and communicate it, you’ll be more attractive. If you can’t, it’s game over. If women think that you’re secretly a wussbag -- that you’re only acting cool, but underneath you’re a clingy, insecure guy just waiting to smother them -- they’re going to bail. But if you can communicate a strong, stable, secure, and masculine maturity, women will be less likely to flake out on you because they have more certainty about you. Learn to communicate certainty in everything you do and you’ll attract women fast.Number 8
Certainty versus teasing
I often tell guys to find fun, playful ways to indirectly answer the questions women ask. This includes the typical questions like what you do for a living and where do you live. So, you might ask, “How can I create certainty in women if you’re telling me to keep them uncertain about these things?” My answer is simple: They want certainty that their experience with you is going to be fun, not certainty about the details of your life. Keep this distinction in mind when you’re flirting -- you’ll tease women and give them a sense of certainty at the same time.Number 7
The more personal, the more universal
My mentor, Gary Ballinger, taught me something that he learned from his mentor: that the more personal something is to you, the more universal it probably is. Realize that each of your insecurities is actually quite common, then stop hiding them -- be transparent. This can be very liberating. When a woman interacts with a man who isn’t hung up about his ”hang-ups,” not only does it help her relax, it also communicates to her that she’s dealing with a real man who is comfortable with who he is. And this is precisely the kind of man that women are naturally attracted to.Number 6
Stop reliving your emotional past
It’s a fact; we humans remember things that happened in the presence of emotion. And we often respond to our emotional imprints of situations from the past, rather than to the actual event taking place in front of us -- right now. So, you got dumped three years ago, and now a woman does something that reminds you of your ex and you start freaking out about it. Becoming a man is about breaking those connections, living in the present and taking each new situation for what it’s worth in today’s terms. Women dig guys who can break through the emotional baggage of their past and live in the “now.”Number 5
Figure out where your power comes from
Have you ever asked yourself where your own personal power is based? Take a sec and ask yourself: Is your competition with other men based in a powerful, masculine and secure maturity? Or is it based in a weak, insecure and over-compensating immaturity? Do you respect mature men and treat them as worthy allies (or adversaries) or do you secretly harbor thoughts of superiority? Is your ability to persuade based on whining, tyranny and tantrums? Or is it based on credibility, authenticity and wisdom? Take a few minutes and figure out if your personal power is rooted in scarcity or abundance, then practice living your life from a place of mature, masculine power. This is great for your life, plus you get the added bonus of attracting women fast.Number 4
Realize success won’t solve your problems
Most immature guys think that money, power and success with women will solve all their problems and make them happy. How great would that be, eh? Unfortunately, it’s simply not true. Often, the things we think would make us happy create new problems of their own once they’re achieved. A mature man understands that he is responsible for his own results. He doesn’t get jealous when others succeed or angry when a successful person complains, and he doesn’t live in a fantasy world thinking that if he had success in a particular area of his life (for example, women and dating) that all of his other problems would be magically solved. Understanding this is an important step in growing up and becoming the type of mature, grounded guy women find irresistibly attractive.Number 3
A mature man plans ahead
Aristotle said that a sign of a mature man is forethought. Part of maturity is having the ability to think future events all the way through with discipline, instead of guessing, wishing and leaving things to luck. When you’ve thought scenarios through, you can move forward with strength and confidence, knowing that you’ve planned for most of what could happen, and the odds are on your side. By doing this, it frees your mind to deal with the exceptions as they arise. With women, a mature man has thought through all the possible situations and scenarios, and has planned accordingly. The immature, Boy-Man thinks that he has done the same, only it’s not the same at all.Number 2
How to know when you’re manipulating
The Boy-Man uses tricks and techniques to manipulate, and only lives for instant gratification in the moment. Here’s a test that you can apply to see if you’re being a manipulative Boy-Man: Ask yourself if what you’re doing feels manipulative, sneaky or dishonest in any way. If it does, then you’re allowing the Boy-Man inside of you run things, which will ultimately lead you to a feeling of less fulfillment, not more. If the feeling inside of you is one of strength, authenticity and desire to want to add to your woman’s life experience and joy, then you’re on the right track.Number 1
Commit to becoming a naturally attractive guy
The most important thing you can do right now to attract women fast is to commit to doing whatever it takes to become the kind of guy who naturally attracts women. That you’ll take the time to learn from guys who are great with women, iron out the “quirks” in your personality, and continue moving forward until you reach your goals. The best thing about this is that you don’t have to wait until you’ve arrived to get rewarded -- every step you take to improve yourself is going to feel great.Saturday, 29 March 2008
Olam Updates
SINGAPORE, March 28 - Singapore commodities firm Olam International said on Friday it aimed to raise up to S$307 million ($222.3 million) in a preferential offering of 155.6 million new shares to investors.
The offer price of S$1.97 is at a discount of 4.8 percent to Olam's last traded stock price of S$2.07, with one new share offered per 10 existing shares held.
Olam said in a statement the proceeds would be used to finance investments, joint ventures, mergers and acquisitions, as well as to discharge or reduce certain bank borrowings and loans.
The move comes after a Merrill Lynch downgrade sparked a sell-off in Olam shares pulling them down by about 14 percent on Wednesday -- their biggest single-day fall ever.
Olam shares were suspended from trade on Friday.
Merrill Lynch issued a research report dated March 25 that advised investors to sell Olam shares, citing the agricultural commodities supplier's high 460 percent net gearing as unsustainable.
A week earlier Olam shares had taken another plunge, falling 12.6 percent on March 19, amid market talk that Olam has exposure to MF Global, the world's largest broker of exchange-listed futures and options, whose shares have been hit by speculation over liquidity problems.
Olam, however, said MF Global accounted for less than 3 percent of all of its hedging activities.
Capitaland Updates
SINGAPORE - Singapore's CapitaLand Ltd, the biggest property developer in Southeast Asia, said Thursday it will develop a residential project in Vietnam's Ho Chi Minh city in partnership with Thien Duc Co Ltd, a privately-owned property investment company.
CapitaLand said the project, which will involve building a 28-story condominium comprising about 1,400 apartments, as well as commercial and retail space on the 6.7-hectare site, would cost 500 million US dolalrs.
The company expects to launch the first phase of the project in the second quarter of 2009.
CapitaLand, through unit CapitaLand (Vietnam) Holdings, will have a 60 percent stake in the joint venture, while Thien Duc will own the remaining 40 percent, it said.
Thien Duc is a shareholder in CapitaLand's 273-unit residential condominium project called 'The Vista' in the same city.
Ezra Updates
Ezra Holdings won new and renewal charter contracts worth US$77.6 million for seven offshore support and construction vessels. The charters are for periods as long as three years, excluding options for extensions.
The contracts cover the charters for five anchor handling tug supply vessels (AHTSs), 18,000-bhp Lewek Toucan, 12,240-bhp Lewek Swift, 10,000-bhp Lewek Emerald, 7,200-bhp Lewek Mallard and 5,000-bhp Lewek Ebony, as well as 4,900-bhp anchor handling tug Lewek Robin and heavy lift accommodation crane barge Lewek Chancellor.Lewek Swift and Lewek Emerald are granted extensions on their current charters with Shell in Australia. Lewek Mallard is working for Newfield and Nippon Oil offshore Malaysia. Lewek Toucan is believed to be contracted to Shell supporting semisubmersible Atwood Falcon, while Lewek Ebony and Lewek Robin will be chartered to work for undisclosed operators. Lewek Chancellor is understood to be heading to India to work for an undisclosed operator.
Target Price - 29th March 2008
Target Price
Capitaland 8.00
Ezra 4.0
Yanlord 3.3
SembCorp Marine 4.50
Olam Cut Loss at 2.30
Raffles Education 1.60
Golden Agriculture 1.50
**Shortlist - OCBC, KS Energy, Swiber, Parkway Holdings, and (more) Capitaland
Yanlord 3.3
SembCorp Marine 4.50
Olam Cut Loss at 2.30
Raffles Education 1.60
Golden Agriculture 1.50
**Shortlist - OCBC, KS Energy, Swiber, Parkway Holdings, and (more) Capitaland
Tuesday, 18 March 2008
Stagnation?
What is Stagnation?
Answer: A condition of slow economic growth and relatively high unemployment - a time of stagnation - accompanied by a rise in prices, or inflation.
Stagflation occurs when the economy isn't growing but prices are, which is not a good situation for a country to be in. This happened to a great extent during the 1970s, when world oil prices rose dramatically, fueling sharp inflation in developed countries. For these countries, including the U.S., stagnation increased the inflationary effects.
Answer: A condition of slow economic growth and relatively high unemployment - a time of stagnation - accompanied by a rise in prices, or inflation.
Stagflation occurs when the economy isn't growing but prices are, which is not a good situation for a country to be in. This happened to a great extent during the 1970s, when world oil prices rose dramatically, fueling sharp inflation in developed countries. For these countries, including the U.S., stagnation increased the inflationary effects.
Another Post
Just one more post before I go to bed,
Things I want to do for the next 12 months:
Wish List:
1- Option Trading (US Market)
2- Take up Thai language
3- Cable ski every 2 weeks
4- Learn advanced cooking
5- CCNP
6- Bring Mdm Lim to holiday?
7- Backpack to Australia for 2 weeks - 1 month on a lorrey or van (though it's highly impossible)
Things to avoid:
1- Office politics
2- Sleeping too much
3- Talk too much
4- No clubbing
5- No quarrel with Mdm Lim/Ah Biee
Good night... :)
Things I want to do for the next 12 months:
Wish List:
1- Option Trading (US Market)
2- Take up Thai language
3- Cable ski every 2 weeks
4- Learn advanced cooking
5- CCNP
6- Bring Mdm Lim to holiday?
7- Backpack to Australia for 2 weeks - 1 month on a lorrey or van (though it's highly impossible)
Things to avoid:
1- Office politics
2- Sleeping too much
3- Talk too much
4- No clubbing
5- No quarrel with Mdm Lim/Ah Biee
Good night... :)
Monday, 17 March 2008
Bye Bye SingTel
Hi there,
I am back again after 3 weeks i guess?
hmzz Was really busy for the past 3 weeks because of work, and also i wouldn't dare to look at my portfilo and STI are looking at a 2660 points support which I strongly believe there are more downside than upside after Bear Stearns takeover by JP Morgan, there will be more to come and to readers with bullets around, go for good fundementals blue stock - NOW!!!
I have decided to sell SingTel and buy in more Yanlord.
In normal cases I would not average down (after my first investment lesson with Ezra), however, I learned something from what I read and put in practise now - sell away your stock when you know where to invest your money to your next stock with good prospect and below intristic value -I am looking for the next "multi-baggers"!!!
I saw a quote today which is very interesting:
Time Is Of The Essence
To be successful, you need leisure. You need time hanging heavily on your hands.
George Soros
I have time now and I will fully make full use of my time.
Good bye SingTel, but i dont love you :~
Well, coming to work, learned many interesting (and finally some useful) stuff for the past 2 weeks about lighting and music/sound system, Okay music does not mean DJ-ing but at least I know what does good sound system means and those old ah peks at alphine can stop dreaming of cheating my hard earned money to buy your poor lousy sound systems.
Another part is lighting - what is the world without light? I learned the different types of lights used in our everyday home and what is a transformer for and of course "voltage", sounds very physicals right? hehe I learned that only doing things and events with passion and love then you will bring value out of it. Hard work does not guarantee success, but for every successful man and woman out there, they have put in trendmendeous amount of hardwork, sleepless night and effort for their work, and I will cross my fingers that I will be able to make it for the next 18 months starting from April :)
Whenever I am alone working or feeling down I will always go to YouTube and look for this guy call Nick Vujicic, he is a man without limbs since young because of some weird illness which cannot be explain. And I will stand in front of the mirror and look back at myself again only to know how fortunate am I that Mdm Lim (it's my Mom by the way) that she gave birth to a healthy son with a decent job and a decent life. I would have commit sucide if I were Nick but guess what, Nick went on to become a motivation speaker and he learned about investment and is a good options trader making decent money out of it and he has a degree as well. He is the sort of insipiration which I really look out for, so for readers who complain life sucks etc perhaps we can learn something from this amazing "giant of man"...
I am back again after 3 weeks i guess?
hmzz Was really busy for the past 3 weeks because of work, and also i wouldn't dare to look at my portfilo and STI are looking at a 2660 points support which I strongly believe there are more downside than upside after Bear Stearns takeover by JP Morgan, there will be more to come and to readers with bullets around, go for good fundementals blue stock - NOW!!!
I have decided to sell SingTel and buy in more Yanlord.
In normal cases I would not average down (after my first investment lesson with Ezra), however, I learned something from what I read and put in practise now - sell away your stock when you know where to invest your money to your next stock with good prospect and below intristic value -I am looking for the next "multi-baggers"!!!
I saw a quote today which is very interesting:
Time Is Of The Essence
To be successful, you need leisure. You need time hanging heavily on your hands.
George Soros
I have time now and I will fully make full use of my time.
Good bye SingTel, but i dont love you :~
Well, coming to work, learned many interesting (and finally some useful) stuff for the past 2 weeks about lighting and music/sound system, Okay music does not mean DJ-ing but at least I know what does good sound system means and those old ah peks at alphine can stop dreaming of cheating my hard earned money to buy your poor lousy sound systems.
Another part is lighting - what is the world without light? I learned the different types of lights used in our everyday home and what is a transformer for and of course "voltage", sounds very physicals right? hehe I learned that only doing things and events with passion and love then you will bring value out of it. Hard work does not guarantee success, but for every successful man and woman out there, they have put in trendmendeous amount of hardwork, sleepless night and effort for their work, and I will cross my fingers that I will be able to make it for the next 18 months starting from April :)
Whenever I am alone working or feeling down I will always go to YouTube and look for this guy call Nick Vujicic, he is a man without limbs since young because of some weird illness which cannot be explain. And I will stand in front of the mirror and look back at myself again only to know how fortunate am I that Mdm Lim (it's my Mom by the way) that she gave birth to a healthy son with a decent job and a decent life. I would have commit sucide if I were Nick but guess what, Nick went on to become a motivation speaker and he learned about investment and is a good options trader making decent money out of it and he has a degree as well. He is the sort of insipiration which I really look out for, so for readers who complain life sucks etc perhaps we can learn something from this amazing "giant of man"...
Saturday, 23 February 2008
My Reservist
This whole week is my reservist and I am grateful that i have such a good break away from work. To be honest, I think it's really fun and i get to talk to the other guys from different age groups and again i am one of the youngest among the groups of ah peks. I got to know my platoon mates better and some of them really take good care of me and the first day was abit weird as i don't know most of them but it gets better and better once i start to blend in to those "uncles".
One thing which I realise that most of us (if not all) are very responsible and behave like real adults compare to those whom are full time active serviceman. They show great sense of urgency and everyone was happy and laughing throughout. We had our fitness test yesterday as well and it was a breeze compare to my last window and to my surprise some even did better than me in 2.4km running even if their age is after 30 years old. AMAZING!!!~ POWER SIA...
Before we went for our IPPT (which is in the afternoon), we went for our Education Tour which really bring the whole week to life. First, we went to a place call Reflection @ Bukit Changdu located at pepsy road near pasir panjang (just right beside my ex-company) and all along I don't know there is such a place around!!!. This place tell us what happened during the Japaneses occupation during 1942 and how fast they took over from the British in just 48 hours notwithstanding the strong resistant from our malay regiment (salute!!!) and how they live up to their name of loyal and integrity to our country. Next, we went to Mount Faber (where biee and I used to go last time) and have a good look at how and why the Japanese choose to attack us from Mount Faber first due to the strategic location of Mount Faber and it's nice to be back there again! and maybe it's time for me to go again?Lastly, we went to Labrador Park which is good as well before we head back to camp for our lunch.
It's a pity the program is only half-a-day long, -a bit rush for those who wants to know more about the history of Singapore and I can only it's really good for all of us which is useful and informative.
I really look forward to the overseas training next year May when we have our tsunami training, and next week I have to put my heads down and return to work le :(
Hope all is well in office.
I will come up with a list of my target price and purchase price soon also.
One thing which I realise that most of us (if not all) are very responsible and behave like real adults compare to those whom are full time active serviceman. They show great sense of urgency and everyone was happy and laughing throughout. We had our fitness test yesterday as well and it was a breeze compare to my last window and to my surprise some even did better than me in 2.4km running even if their age is after 30 years old. AMAZING!!!~ POWER SIA...
Before we went for our IPPT (which is in the afternoon), we went for our Education Tour which really bring the whole week to life. First, we went to a place call Reflection @ Bukit Changdu located at pepsy road near pasir panjang (just right beside my ex-company) and all along I don't know there is such a place around!!!. This place tell us what happened during the Japaneses occupation during 1942 and how fast they took over from the British in just 48 hours notwithstanding the strong resistant from our malay regiment (salute!!!) and how they live up to their name of loyal and integrity to our country. Next, we went to Mount Faber (where biee and I used to go last time) and have a good look at how and why the Japanese choose to attack us from Mount Faber first due to the strategic location of Mount Faber and it's nice to be back there again! and maybe it's time for me to go again?Lastly, we went to Labrador Park which is good as well before we head back to camp for our lunch.
It's a pity the program is only half-a-day long, -a bit rush for those who wants to know more about the history of Singapore and I can only it's really good for all of us which is useful and informative.
I really look forward to the overseas training next year May when we have our tsunami training, and next week I have to put my heads down and return to work le :(
Hope all is well in office.
I will come up with a list of my target price and purchase price soon also.
Tuesday, 19 February 2008
My Holdings
Finally!
I think I should post some stuff after a busy month, been totally stresse out these few months (and more to come i guess). I have been on my reservist this week, it's really fun to be back in camp and i believed this comes at the right time and i can treat this as a good break. Also, maybe it's time to post more of my thoughts and feeling on this blog rather than just pure investment.
Over the couple of months i have made some purchased of good fundementals companies and below are my updated holdings;
SingTel
Capitaland
Yanlord
Olam
Ezra
Golden Agri
Raffles Education
SembCorp Marine
I borrowed a few good books from the library and will post some good quotes on my blog in due course.
Stay tune :)
I think I should post some stuff after a busy month, been totally stresse out these few months (and more to come i guess). I have been on my reservist this week, it's really fun to be back in camp and i believed this comes at the right time and i can treat this as a good break. Also, maybe it's time to post more of my thoughts and feeling on this blog rather than just pure investment.
Over the couple of months i have made some purchased of good fundementals companies and below are my updated holdings;
SingTel
Capitaland
Yanlord
Olam
Ezra
Golden Agri
Raffles Education
SembCorp Marine
I borrowed a few good books from the library and will post some good quotes on my blog in due course.
Stay tune :)
Saturday, 26 January 2008
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