This weekend, I decided to cut my hair.
I did it today cos didnt have time yesterday. My sister wanted to go to the same salon I had been going to. (Cos mainly there is this Shuai Ge stylist there) That guy had cut my hair once and I like his version of my hair. Of course its more pricy than the usual neighbourhood salons. Imagine $16 versus $35 for haircut with wash. But compared to downtown $55 for the same plus have to travel all the way down, plus if I am happier with the results, I am okay with it.
So after much cajoing by my anxious sister, I called up and ask for appointment and specifically asked for the Shuai Ge plus one other stylist, instead of just walk-in. In between the timing, I had gone for lunch downstairs and had the internet cable guy trying to verify the weakness in signal for my MaxOnline.
We headed there. Since didnt want to wait for both to be cut by him, so got the Shuai Ge to cut for my sister, I let another male stylist cut. I just pointed to my aged picture and say "cut this, but not too short fringe or sides"
Happier with the final results, cos the same guy cut for me the other time but too 'guyish'. My sister was chatting happily with the Shuai stylist. Later she say he's not that shuai, mainly because he has a very nice j-rockish hairstyle. Well a good hairstyle can accentuate the look.
She got a femine hairstyle near the pic that she brought along.
Then after, we headed to Jurong Point to walk around. I went to the Music Junction Multimedia, to search out anime and game soundtrack. I found some more after sieving through the small collection.
Bought 5 albums, The Black Mages III- darkness and starlight (a remix of FF songs), FFVI orginal soundtrack, FFVII before crisis and after crisis, More Friends (the orchestral concert from 2005) and Castlevania soundtrack. All these for $99.50
I hear the sounds of cash registers ringing as I spent more than $150 today in a day for hair and CDs. I still feel both are okay. Mainly is that the haircut is still affordable, at most I eat out less for one day, plus I cut only every 2-3 months, so its alright. Cds can be kept and re-listened to. They create happier moods and songs to mark certain parts of your life. Hence its very worthwhile.
Am going to swim later near 7.30pm. Cos my weight has gone up to 66.5kg. I really need to swim twice a week to lose and maintain in 65kg region. Think to lose more weight, have to up to 3 times. That is a challenge cos of hectic work but with the hols, think it should be do-able.
Sunday, May 31, 2009
Wednesday, May 27, 2009
Exact Stock counters in my Portfolio
For those who are interested in my exact portfolio of stock counters, you can ask me personally for it. Dont worry, I will tell you the names of all the counters I have invested in so far.
BUT I would like to add a disclaimer or two. First, these counters are identified by my own personal investment criteria and needs. Hence I sieved through and identified certain counters. Some I chanced upon and added on. Some I invested in the same counters as my Dad who also has a different set of investment criteria. Therefore IF you want to follow suit and follow these counters, you do so at your own risk especially if your investment criteria and style differs from ours.
Second, the financial maxim "Past performance does not gurantee future performance", hence even IF I had made money, doesnt mean you WILL automatically earn money once you invest in the same counters. Its about the financial viability of the company, price that you buy-in at, your investment targets, your holding power that determines your gains. Seriously I wont go and ask you to buy or sell. I am not a financial analyst to make such buy or sell calls.
My only advice is that you have to do your homework. Check up the assets and liabilities of the company from the Annual report in SGX webpage. Sieve through the information, past dividend, past results, past earnings, past stock prices and even monitor current prices to make an INFORMED decision with your own hard-earned money. The worst is to take a gamble blindly and lose it.
The thing, I wont reveal is exactly how much I have in my investment capital. Money is a sensitive issue and better kept hushed up. If you know what I mean. Furthermore after the loss of my primary income which is very soon, I would have to rely on this secondary income plus my reserves to see me through much uncertainties. So the days of having dual income is going to be over really soon, I would be much 'poorer' by having only one uncertain source of income, as in the amount is not fixed nor guranteed.
BUT I would like to add a disclaimer or two. First, these counters are identified by my own personal investment criteria and needs. Hence I sieved through and identified certain counters. Some I chanced upon and added on. Some I invested in the same counters as my Dad who also has a different set of investment criteria. Therefore IF you want to follow suit and follow these counters, you do so at your own risk especially if your investment criteria and style differs from ours.
Second, the financial maxim "Past performance does not gurantee future performance", hence even IF I had made money, doesnt mean you WILL automatically earn money once you invest in the same counters. Its about the financial viability of the company, price that you buy-in at, your investment targets, your holding power that determines your gains. Seriously I wont go and ask you to buy or sell. I am not a financial analyst to make such buy or sell calls.
My only advice is that you have to do your homework. Check up the assets and liabilities of the company from the Annual report in SGX webpage. Sieve through the information, past dividend, past results, past earnings, past stock prices and even monitor current prices to make an INFORMED decision with your own hard-earned money. The worst is to take a gamble blindly and lose it.
The thing, I wont reveal is exactly how much I have in my investment capital. Money is a sensitive issue and better kept hushed up. If you know what I mean. Furthermore after the loss of my primary income which is very soon, I would have to rely on this secondary income plus my reserves to see me through much uncertainties. So the days of having dual income is going to be over really soon, I would be much 'poorer' by having only one uncertain source of income, as in the amount is not fixed nor guranteed.
My energy level is very low
That's how I feel on most working days.
Battery flat, uncommitted, demotivated.
I look forward to each day only cos of the stock market, am keen to invest.
I hate to have to do deadlines on such short notice, I hate to wake up earlier to have to go in earlier for training or meetings. I hate to have to work non-stop through all my free periods. I hate to have to continue this for another day.
On the other hand,
I want to play my guitar, need to practice this tough part. I want to sit infront of my laptop and monitor stock prices, I want to read the wave theory book in the afternoon instead of late at night and end up falling asleep with the lights on, I want to go visit my bro, I want to go JB and do shopping and massage, I want to go swimming more often, I want to go for jap class without being so tired, I want to stay home to rest, I want to play my PS games.
That's really two conflicting list of things.
The consolation is its mid week after today. Just a little bit more to go. Though the first and last week of the June holidays are not for Educators to rest, still have to and made to go to work daily, in much earlier and longer hours too. Where is the logic? Signz.
Battery flat, uncommitted, demotivated.
I look forward to each day only cos of the stock market, am keen to invest.
I hate to have to do deadlines on such short notice, I hate to wake up earlier to have to go in earlier for training or meetings. I hate to have to work non-stop through all my free periods. I hate to have to continue this for another day.
On the other hand,
I want to play my guitar, need to practice this tough part. I want to sit infront of my laptop and monitor stock prices, I want to read the wave theory book in the afternoon instead of late at night and end up falling asleep with the lights on, I want to go visit my bro, I want to go JB and do shopping and massage, I want to go swimming more often, I want to go for jap class without being so tired, I want to stay home to rest, I want to play my PS games.
That's really two conflicting list of things.
The consolation is its mid week after today. Just a little bit more to go. Though the first and last week of the June holidays are not for Educators to rest, still have to and made to go to work daily, in much earlier and longer hours too. Where is the logic? Signz.
Sunday, May 24, 2009
CDs and Gaming convention
I headed out around 3pm to Vivo. The goal, to buy the game soundtracks I saw the other time. In my last visit, I bought FFXI soundtrack but its not by Nobuo Uematsu. Apparently there are at least 2 FFXI out there. Why? I dont know.
I had saw other FF cds. Today I bought them at one shot, FF Dissidia, FF remix and FFXI piano collection. For the FF remix, I saw Mambo de Chocobo, and some other songs performed in Distant Worlds. I havent listened yet so not sure if its orchestral version. Why did I buy them? Well these are the taiwan versions, ie much much cheaper than the Japanese imported or even buying from US. I better buy them cos that shop only stocks a small supply. I enquired but they dont do orders. Just have whatever is there.
For the original soundtracks for FFXI to FFXIII, I would have to look harder for them. It would be best to find the taiwan versions, a 4disc set would most likely cost around $60 instead of $100++
Then I headed to Suntec for the gaming exhibition thing. So disappointed, had expected to see cheaper consoles, or at least more stuff. So little. The most I saw are Maplestory with numerous computers set up for pple to play the game. They had 10x exp for the launch of Maplestory Episode 2. Err I have lost touch with maple. My characters are still there but their growth have stagnated. The main game I am playing is 'my Stocks', besides the occasional PSP Patapon 2. Just too tired after a long day to play or do much.
I left empty-handed, not even with the bag that many people were carrying. Dunno how they got it and also cant be bothered. I decided to put off the I-touch first cos the GSS is starting next week, see if got better deal then.
On the bus ride home, I was reading a bit of the wave theory and trying to commit some basic rules to memory, so I read through, re-read again and again, then try to list out the rules from memory. But I guess the past few days and nights of going out and late nights plus woken up insanely early, took its toll. I was so tired and seh by the time I reached home. Initially I wanted to sleep for a while but just eaten dinner. Also there is some work to do... SIAN!
I wanna play guitar, listen to CD and read the books - comics, wave, guitar book. Signz. Think I shall go and lie down a bit.
_________________________________________________
On the bus rides to and fro, I was thinking about lots of stuff. How to make money? How to make money from stocks? What areas should I pursue after? What areas am I interested in? Was trying to think up some games to make for selling. Was considering some courses to take up. Was trying to plan for the next step. And one thing I note and should remember is that I should be in a line that doesnt require much human interaction in the job nature. Hmm... I should have my own biz, so I dont have to listen to others bossing me around. Think partly from pondering about so many things, it contributed to my stone-ness.
I had saw other FF cds. Today I bought them at one shot, FF Dissidia, FF remix and FFXI piano collection. For the FF remix, I saw Mambo de Chocobo, and some other songs performed in Distant Worlds. I havent listened yet so not sure if its orchestral version. Why did I buy them? Well these are the taiwan versions, ie much much cheaper than the Japanese imported or even buying from US. I better buy them cos that shop only stocks a small supply. I enquired but they dont do orders. Just have whatever is there.
For the original soundtracks for FFXI to FFXIII, I would have to look harder for them. It would be best to find the taiwan versions, a 4disc set would most likely cost around $60 instead of $100++
Then I headed to Suntec for the gaming exhibition thing. So disappointed, had expected to see cheaper consoles, or at least more stuff. So little. The most I saw are Maplestory with numerous computers set up for pple to play the game. They had 10x exp for the launch of Maplestory Episode 2. Err I have lost touch with maple. My characters are still there but their growth have stagnated. The main game I am playing is 'my Stocks', besides the occasional PSP Patapon 2. Just too tired after a long day to play or do much.
I left empty-handed, not even with the bag that many people were carrying. Dunno how they got it and also cant be bothered. I decided to put off the I-touch first cos the GSS is starting next week, see if got better deal then.
On the bus ride home, I was reading a bit of the wave theory and trying to commit some basic rules to memory, so I read through, re-read again and again, then try to list out the rules from memory. But I guess the past few days and nights of going out and late nights plus woken up insanely early, took its toll. I was so tired and seh by the time I reached home. Initially I wanted to sleep for a while but just eaten dinner. Also there is some work to do... SIAN!
I wanna play guitar, listen to CD and read the books - comics, wave, guitar book. Signz. Think I shall go and lie down a bit.
_________________________________________________
On the bus rides to and fro, I was thinking about lots of stuff. How to make money? How to make money from stocks? What areas should I pursue after? What areas am I interested in? Was trying to think up some games to make for selling. Was considering some courses to take up. Was trying to plan for the next step. And one thing I note and should remember is that I should be in a line that doesnt require much human interaction in the job nature. Hmm... I should have my own biz, so I dont have to listen to others bossing me around. Think partly from pondering about so many things, it contributed to my stone-ness.
Final Fantasy: Distant World Concert
The performance was fantastically spectacular.
The orchestral arrangement of certain tunes gave it more depth than the original tune in the soundtracks. Also it sounds really great to hear the original ochestral songs eg One Wing Angel, Libera Fatali performed 'live'.
While listening to the performance and watching the screen at the CGI playing, scenes from the game, it brought back fond memories, my secondary school days, playing FFVII, then JC playing FFVIII and FFXI. Later FFX in early uni days.
I didnt play FFXI cos it was online and I didnt have internet nor comp when it first started. Hence missed out on the music. For FFXII, I have the game but havent started it, I've heard the review that its GREAT. Expect the same for the music. Then not so long ago, just saw the drooling graphics of FFXIII on the PS3 and HD tv.
The performance of the earlier FF titles from I to VI also brought back certain tunes that I loved but didnt have the soundtrack for them.
The performance of the song 'Distant Land' from FFXI shook me. The music was great, the lyrics profound, though the singer didnt sound too good at the start, the song came alive midway, when she neared the chorus, coupled with the CGI scenes from the game. Really felt the intense emotion of the whole song. Man, I want to get my hands on the complete soundtrack of FFXI to FFXIII. Would have to make a visit to HMV one of these days but the taiwan versions, hardly can find any music stores stocking them. Just discovered one but its very very limited. The original from Japan, easily cost more than $100 for each title. But I still feel that its really worth it.
I listened to these tracks through my secondary days until university. Though sadly in recent times, I have not listened much, they are still my prized collection. I do remember certain favourite tunes. And also recently, after finding that shop, I have started buying Game soundtracks. There's many memories. Each is a track for that part of my youth. Hope to get more tracks for my current life.
Another bonus is that fact that Mr Nobuo Uematsu was in the audience!!! The famous guru of FF music was present!!! (though there was this OTAKU guy who kept shouting aloud the name of the sensei) BUT its a honour to be there to see him in person. He's a fantastically brilliant composer. Those whose heard his works for the FF series knows he's that good. He can compose so many different songs/tunes that can really fit the time period of the game, from medivial to modern, light happy tunes to heart-wrenching music that tugs at the heart from the saddness, tunes of hope to sounds of epic battles. A true master indeed.
I want to buy the CD. Fullstop. Think this experience has made me rethink the orchestral version of the FF music. Even if its the same title, but the arrangement is different, the performance is different.
This is the best concert and really worth the money. If there is another in future, I'll be there. Its an inspiration to me at this period where I am feeling rather empty, tired and resigned. The music reminds me that there is hope and so many other things out there. I shall remember that.
Distant Worlds Original Version - Listen for yourself
Seas invite in the evening sun
to light the somber abyss.
Clouds dance up with the heavens' stars,
chanting an air of joyous bliss.
Water fades back from blue to jade,
guiding young rainbows high.
Flowers bloom into red and whites,
quenching our hearts when they run dry.
Angels chained by a beast locked in slumber.
Sin washed away by the swift flow of time.
I may know the answers.
Journeys over snow and sand.
What twist in fate has brought us
to tread upon this land?
Blessed by light and the burden of shadow.
Souls abide to an endless desire.
I may know the answers,
though one question I still hear.
What twist in fate has brought us
to roads that run so near?
Distant worlds together.
Miracles from realms beyond.
The lifelight burns inside me
to sing to you this song.
To sing with you this song.
To sing to you your song.
The orchestral arrangement of certain tunes gave it more depth than the original tune in the soundtracks. Also it sounds really great to hear the original ochestral songs eg One Wing Angel, Libera Fatali performed 'live'.
While listening to the performance and watching the screen at the CGI playing, scenes from the game, it brought back fond memories, my secondary school days, playing FFVII, then JC playing FFVIII and FFXI. Later FFX in early uni days.
I didnt play FFXI cos it was online and I didnt have internet nor comp when it first started. Hence missed out on the music. For FFXII, I have the game but havent started it, I've heard the review that its GREAT. Expect the same for the music. Then not so long ago, just saw the drooling graphics of FFXIII on the PS3 and HD tv.
The performance of the earlier FF titles from I to VI also brought back certain tunes that I loved but didnt have the soundtrack for them.
The performance of the song 'Distant Land' from FFXI shook me. The music was great, the lyrics profound, though the singer didnt sound too good at the start, the song came alive midway, when she neared the chorus, coupled with the CGI scenes from the game. Really felt the intense emotion of the whole song. Man, I want to get my hands on the complete soundtrack of FFXI to FFXIII. Would have to make a visit to HMV one of these days but the taiwan versions, hardly can find any music stores stocking them. Just discovered one but its very very limited. The original from Japan, easily cost more than $100 for each title. But I still feel that its really worth it.
I listened to these tracks through my secondary days until university. Though sadly in recent times, I have not listened much, they are still my prized collection. I do remember certain favourite tunes. And also recently, after finding that shop, I have started buying Game soundtracks. There's many memories. Each is a track for that part of my youth. Hope to get more tracks for my current life.
Another bonus is that fact that Mr Nobuo Uematsu was in the audience!!! The famous guru of FF music was present!!! (though there was this OTAKU guy who kept shouting aloud the name of the sensei) BUT its a honour to be there to see him in person. He's a fantastically brilliant composer. Those whose heard his works for the FF series knows he's that good. He can compose so many different songs/tunes that can really fit the time period of the game, from medivial to modern, light happy tunes to heart-wrenching music that tugs at the heart from the saddness, tunes of hope to sounds of epic battles. A true master indeed.
I want to buy the CD. Fullstop. Think this experience has made me rethink the orchestral version of the FF music. Even if its the same title, but the arrangement is different, the performance is different.
This is the best concert and really worth the money. If there is another in future, I'll be there. Its an inspiration to me at this period where I am feeling rather empty, tired and resigned. The music reminds me that there is hope and so many other things out there. I shall remember that.
Distant Worlds Original Version - Listen for yourself
Seas invite in the evening sun
to light the somber abyss.
Clouds dance up with the heavens' stars,
chanting an air of joyous bliss.
Water fades back from blue to jade,
guiding young rainbows high.
Flowers bloom into red and whites,
quenching our hearts when they run dry.
Angels chained by a beast locked in slumber.
Sin washed away by the swift flow of time.
I may know the answers.
Journeys over snow and sand.
What twist in fate has brought us
to tread upon this land?
Blessed by light and the burden of shadow.
Souls abide to an endless desire.
I may know the answers,
though one question I still hear.
What twist in fate has brought us
to roads that run so near?
Distant worlds together.
Miracles from realms beyond.
The lifelight burns inside me
to sing to you this song.
To sing with you this song.
To sing to you your song.
Thursday, May 21, 2009
I am not that pro but... then again...
I rushed to Borders last night after jap class. Tab wasnt feeling good that by the time the bus reached orchard, she passed me back my card and hailed a cab home. I headed to Burger King to grab my dinner. Ate it rather quickly and went to the I-shop but it was already closed. I was looking at the price of a 16Gb I-Touch at a cost of $498.
Hmm if I get it, can claim about $300 cos I had claimed a bit. Better get it all at once. At most, I top up the difference $200. Hmm then what was I going to do with it?
Hmm I have wireless at home, can surf without having to switch on my lap top. Something like that lor. So think this weekend, then I go and get it.
Then when I looked through the entire section of the Border's shelves about Stocks, looking for Elliot's Wave Theory, cant find. Saw my dad's book of Technical analysis by the same guy, seling for $180. Wow, my dad bought his many many years ago, around the same price. But its not that detailed about the waves.
I admit, there are many other financial knowledge that I am not good in, eg options, warrants, economic, nor can I claim to have earn millions from my own get-rich fast investment way. In fact there were so many books, teaching easy, fast, ways to invest. Cos it made them money and lots of it. Most of the books I flipped through dont fit what I wanted to read more about. Think would have to look through the National libraries instead. And also read that Chinese version.
My gains pale in comparision to theirs. But it works for me. I am not looking for instant rich ways, though I wouldnt mind if those are not frauds trying to earn my money instead. I am looking to develop my own, allow me to become 'rich' eventually, very much hopefully generate my Primary income and become my 'job' type of goal.
A simple calculation to illustrate this point -
Starting with 1, representing the investment capital.
Multiply by 20% => Year 1 - 1.2, Year 2 - 1.44, Year 3 - 1.728, Year 4 - 2.07
Multiply by 30% => Year 1 - 1.3, Year 2 - 1.69, Year 3 - 2.197
Multiply by 40% => Year 1 - 1.4, Year 2 - 1.96
The point I am driving at is that, if I can keep this up, of course needs more expertise to make better judgement. Within 2-4 years, maybe could double the investment capital. Wow, that is an achievement in itself. Think I will be happy with that too.
___________________________________________
Then today so lagi stoned. Non-stop all the way... plus went in earlier. Crap. I feel so stoned now.
Stock market showing signs of teethering? Maybe the spore economic news is starting to affect, things remain to be seen. Have to monitor closely tom and next week. Patience and refrain.
Went swimming after work. Was very very stoned. Was very very hungry. Ate something light, then went to swim 12 laps. Didnt get any appendix, phew. Then headed back, ate like a hungry pig, wolfing down two small bowls of rice, several goreng pisang, fried ubi.
Watched a bit of american idol and then went online. Finished updating stock market. Overall just very very stoned tired. My sister is very down, but I cant take off... Sian. Can only give some advise, reassurance. And hope for the best. I better go temple to pray asap.
Think the last 2 things to do today is to practice guitar and then read the Wave theory book. Very stoned now. Crap, its almost 12am again...
Hmm if I get it, can claim about $300 cos I had claimed a bit. Better get it all at once. At most, I top up the difference $200. Hmm then what was I going to do with it?
Hmm I have wireless at home, can surf without having to switch on my lap top. Something like that lor. So think this weekend, then I go and get it.
Then when I looked through the entire section of the Border's shelves about Stocks, looking for Elliot's Wave Theory, cant find. Saw my dad's book of Technical analysis by the same guy, seling for $180. Wow, my dad bought his many many years ago, around the same price. But its not that detailed about the waves.
I admit, there are many other financial knowledge that I am not good in, eg options, warrants, economic, nor can I claim to have earn millions from my own get-rich fast investment way. In fact there were so many books, teaching easy, fast, ways to invest. Cos it made them money and lots of it. Most of the books I flipped through dont fit what I wanted to read more about. Think would have to look through the National libraries instead. And also read that Chinese version.
My gains pale in comparision to theirs. But it works for me. I am not looking for instant rich ways, though I wouldnt mind if those are not frauds trying to earn my money instead. I am looking to develop my own, allow me to become 'rich' eventually, very much hopefully generate my Primary income and become my 'job' type of goal.
A simple calculation to illustrate this point -
Starting with 1, representing the investment capital.
Multiply by 20% => Year 1 - 1.2, Year 2 - 1.44, Year 3 - 1.728, Year 4 - 2.07
Multiply by 30% => Year 1 - 1.3, Year 2 - 1.69, Year 3 - 2.197
Multiply by 40% => Year 1 - 1.4, Year 2 - 1.96
The point I am driving at is that, if I can keep this up, of course needs more expertise to make better judgement. Within 2-4 years, maybe could double the investment capital. Wow, that is an achievement in itself. Think I will be happy with that too.
___________________________________________
Then today so lagi stoned. Non-stop all the way... plus went in earlier. Crap. I feel so stoned now.
Stock market showing signs of teethering? Maybe the spore economic news is starting to affect, things remain to be seen. Have to monitor closely tom and next week. Patience and refrain.
Went swimming after work. Was very very stoned. Was very very hungry. Ate something light, then went to swim 12 laps. Didnt get any appendix, phew. Then headed back, ate like a hungry pig, wolfing down two small bowls of rice, several goreng pisang, fried ubi.
Watched a bit of american idol and then went online. Finished updating stock market. Overall just very very stoned tired. My sister is very down, but I cant take off... Sian. Can only give some advise, reassurance. And hope for the best. I better go temple to pray asap.
Think the last 2 things to do today is to practice guitar and then read the Wave theory book. Very stoned now. Crap, its almost 12am again...
Wednesday, May 20, 2009
Enjoy Your Gains
Seriously I have no idea why is the market so strong, prices fell for a few days last week. Then when this week started, prices shot up. My dad was saying that its liquidity driven so expect strong market.
Which means, I AM still waiting at the sidelines. Patience and Refrain, Patience and Refrain, I kept reminding myself. Well my CPF portfolio and Msia portfolios are intact cos I decided to keep them longer term. They have paper gains.
Its my Cash portfolio that is almost empty. Left with 5 lots of 1 counter only. Plus that counter is the more stagnant one. The rest, I have sold off and am waiting to buy-back.
I wish that days can go by faster, guess I am that impatient. I expect to use June holidays to monitor stock prices more actively despite the work and travel plans.
My dad saw that the market is going up, he told me he is not going to trade for at least this week. Cos like what candle said, rising market dont interest her. Yar. I waw telling him, like got nothing to do, he said "Now I am enjoying the gains. Money cannot finish earning one, so dont regret selling off a bit too early at times."
Okay... I try to keep myself occupied by reading up the Wave Theory. I wanted to start, but by the time I reach home, after all the activitites, I lie in bed and am knocked out. Most nights, I fell asleep with the books in the bed, still wearing spectacles, lights still on.
Intend to go to Borders tonight after Jap. Look out for some TA or Wave theory books cos the one that my Dad loaned me is in Chinese, which is fine but I would like to study it without having to do translation in my brain.
Which means, I AM still waiting at the sidelines. Patience and Refrain, Patience and Refrain, I kept reminding myself. Well my CPF portfolio and Msia portfolios are intact cos I decided to keep them longer term. They have paper gains.
Its my Cash portfolio that is almost empty. Left with 5 lots of 1 counter only. Plus that counter is the more stagnant one. The rest, I have sold off and am waiting to buy-back.
I wish that days can go by faster, guess I am that impatient. I expect to use June holidays to monitor stock prices more actively despite the work and travel plans.
My dad saw that the market is going up, he told me he is not going to trade for at least this week. Cos like what candle said, rising market dont interest her. Yar. I waw telling him, like got nothing to do, he said "Now I am enjoying the gains. Money cannot finish earning one, so dont regret selling off a bit too early at times."
Okay... I try to keep myself occupied by reading up the Wave Theory. I wanted to start, but by the time I reach home, after all the activitites, I lie in bed and am knocked out. Most nights, I fell asleep with the books in the bed, still wearing spectacles, lights still on.
Intend to go to Borders tonight after Jap. Look out for some TA or Wave theory books cos the one that my Dad loaned me is in Chinese, which is fine but I would like to study it without having to do translation in my brain.
Monday, May 18, 2009
MA crossover and RSI
Since I've started reading the TA book for the futures market, I've been introd to various Technical analysis tools, in fact there are so many. The book does explain what each one does, how its derived.
SO since April 15th, I've been using Moving Average Crossover as a tool to monitor prices. I am basically looking out for the Slower Moving Average to cross the Faster Moving Average. Its an indication of the turning of the trend, though there could be 'false' signals given.
Then reading the Zhen Yuan Cang's book, I've added Relative Strength Index aka RSI as another tool to check for OverSold, OverBought market situations, cos if oversold, it means prices low enough, go in to buy, overbought, means prices way too high, prices might fall. Err lemme go review how this index is derived....
The equation, RSI = 100 - [100 / (1 + RS)], where RS = Average of x day's up closes / Average of x day's down closes. The RS is a comparison of average to derive a ratio, eg >1, 1, <1 but with the equation, the RSI becomes smoothed within the boundaries of 0 to 100. Then its an Oscillator. Basically an Oscillator is a type of TA tool that plots the price movements into a range of 0 to 100. The prices move within this range. Imagine Secondary school days of the percentile 0 to 100%. The interpretation is as follows. If prices are now in the 70th percentile range, its an Overbought situation. Room for fall. If prices are in the 30th percentile range, its an oversold situation, room for rise. Again as with all tools, its not 100% guaranteed able to predict the future, alot of it is reading it right, getting a better picture from all the signals given from the tools. If more tools are giving the same signal, can make a better judgement. Something like that.
The best thing is that in Poems, most of the TA tools are there. With just a click of the mouse, I can see the MA, RSI, ROC and numerous others. Its the range to set and the interpretation that's the art.
I feel like a gypsy reading the future from my crystal ball at times.
______________________________________
For this week and coming weekend, I better put in much more effort to read up, remember the Wave theory. It is quite complex, with things like basic pattern, wave personalitites, wave extensions, failures, corrective waves, Rule of Alternation, channeling etc etc. Its a huge thing, quite complex as it combines all three aspects of pattern, ratio and time.
Lemme start with the basics first... I have finished reading the TA book but still the stuff about the wave theory doesnt stick well, as its rather complex. I shall go relook over it again.
______________________________________
Stock prices are still nowhere near my target levels, so now is the time to practice Patience to wait for the right price to enter. This is the test of an investor versus a punter. I am a bit anxious that I am only left with 1 counter for the SG cash portfolio and am eager to build it back. Cos the longer at the sideline meant little transaction. BUT adopting a longer term view of things, PATIENCE and REFRAIN are still the key. Nevermind I cant make gains for the next few months, but overall still gain. Hmm... worth reminding myself.
SO since April 15th, I've been using Moving Average Crossover as a tool to monitor prices. I am basically looking out for the Slower Moving Average to cross the Faster Moving Average. Its an indication of the turning of the trend, though there could be 'false' signals given.
Then reading the Zhen Yuan Cang's book, I've added Relative Strength Index aka RSI as another tool to check for OverSold, OverBought market situations, cos if oversold, it means prices low enough, go in to buy, overbought, means prices way too high, prices might fall. Err lemme go review how this index is derived....
The equation, RSI = 100 - [100 / (1 + RS)], where RS = Average of x day's up closes / Average of x day's down closes. The RS is a comparison of average to derive a ratio, eg >1, 1, <1 but with the equation, the RSI becomes smoothed within the boundaries of 0 to 100. Then its an Oscillator. Basically an Oscillator is a type of TA tool that plots the price movements into a range of 0 to 100. The prices move within this range. Imagine Secondary school days of the percentile 0 to 100%. The interpretation is as follows. If prices are now in the 70th percentile range, its an Overbought situation. Room for fall. If prices are in the 30th percentile range, its an oversold situation, room for rise. Again as with all tools, its not 100% guaranteed able to predict the future, alot of it is reading it right, getting a better picture from all the signals given from the tools. If more tools are giving the same signal, can make a better judgement. Something like that.
The best thing is that in Poems, most of the TA tools are there. With just a click of the mouse, I can see the MA, RSI, ROC and numerous others. Its the range to set and the interpretation that's the art.
I feel like a gypsy reading the future from my crystal ball at times.
______________________________________
For this week and coming weekend, I better put in much more effort to read up, remember the Wave theory. It is quite complex, with things like basic pattern, wave personalitites, wave extensions, failures, corrective waves, Rule of Alternation, channeling etc etc. Its a huge thing, quite complex as it combines all three aspects of pattern, ratio and time.
Lemme start with the basics first... I have finished reading the TA book but still the stuff about the wave theory doesnt stick well, as its rather complex. I shall go relook over it again.
______________________________________
Stock prices are still nowhere near my target levels, so now is the time to practice Patience to wait for the right price to enter. This is the test of an investor versus a punter. I am a bit anxious that I am only left with 1 counter for the SG cash portfolio and am eager to build it back. Cos the longer at the sideline meant little transaction. BUT adopting a longer term view of things, PATIENCE and REFRAIN are still the key. Nevermind I cant make gains for the next few months, but overall still gain. Hmm... worth reminding myself.
Sunday, May 17, 2009
A summary of Zhen Yuan Cang's 7 knowledge
Err I've somewhat finished the book, 7 knowledge for investment. Its a book for general investment in the stock market. It doesnt cover trading strategies and analysis in depth but gives insight into his methods, his strategy, point of view plus he listed some of his past stock-buying experience. Its quite light to read but some financial terms in Chinese, a bit slower to process.
I will highlight some points that I've found useful.
1) To invest, one should try to have 1 year's income set aside for investment. His reasoning is that for stock investment, there would be better returns, aka volume effect, if there is more capital. Instead with little capital, you just buy/sell one lot, the gains are limited, the transactions are many, hence incur more transaction costs for little gains.
2) To retire, his criteria is to have 20 times of your annual income. The rationale is that a person retires around 60, usually have to prepare for another 15-20 years of life expectancy.
Signz I am nowhere in this region, $30k x 20 = $600k. Woah, if only I win the Toto... lol. But for my case, I am following a bit of the idea that if I can generate near/almost my current salary, then can have time for others, cos I have replaced the Primary income with my Secondary income. Whether the Secondary income is permanent, frequent is the key area to work on.
After thinking through the limitation, I have decided to set aside a portion of Investment capital for Trading portfolio, which is more short term, the aim is to trade and generate gains to fund this Secondary income. Whether I am successful or not, really remains to be seen. I cant dictate the market but if I can learn to read the charts, then perhaps there would be some degree of success.
3) Buy into Blue-chip and hold for 10 years or more to realize perhaps much greater gains. He used his own example of buying into HSBC when it was $4.50 and keep buying in, holding LT until now he got his 20x annual income figure. His reasoning is that Blue chip can grow, little worries about bankruptcy and long term growth is there.
Hmm this is one part I kinda agree, previously in my last think-through regarding my Money Management strategies, I've decided to set aside a portion of my Investment capital for LT, aka 10 years. So I've decided to give this strategy a try. (KIV next point, related)
4) Have to have patience and refrain. The patience to really wait for low to enter. Once enter, have the refrain to sell off too early. His reasoning is that if you buy in, and cannot even wait for 1 month, dont have the 'patience' to sit through news, small gains, then its as good as investing to 'win a candy' which is equivalent to going to Macau, to gamble. You are just investing to win something, which is usually small amount, very very short term, a few days.
Hmm I dont know whether I am falling into this 'trap' that he had mentioned. There are times when I sold off too early, but if I have my investment targets to guide me, is that having no patience and refrain?
5) Have to know yourself. He mentioned one must have the restraint to avoid listening to 'insider' news which realistically wont reach the ears of small investors, cos its the big investors that should have access to them. So if small investors get wind of 'insider' news, then most likely its purposely let out to them, and they mostly kena when they follow. Also the news analysts about the markets is another NOT to follow too closely. Really cos partly it could be 'news' let out by big investors etc etc.
6) Have the patience to wait and invest LT. Think I agree with his experience. I will try to grow my own portfolio with a Longer-term view. He also mentioned that one could set aside a portion for ST, another portion for LT. Think this aspect I am on the right track.
Now is practicing the PATIENCE and REFRAIN to wait for the timing to enter now... I must constantly remind myself that I will have to think both ST and LT, separate my ST strategies with LT strategies and even price targets.
_______________________________________
I have just borrowed my Dad's book, which is unfortunately in Chinese again, this time, a more indepth book about the Wave Theory. I need to master this, even if I cant master, I need to add it to my tools.
_______________________________________
Today went to Tampines 1, the new mall in Tampines with sisters. They were bored and wanted to head out. I was just stoning around, half dead cos I was rudely woken up by another community thingy next door at 8.30am! I had slept rather late around 2am, practicing guitar, reading share book, watching LA Ink. We headed out around 1.45pm. I brought my swim gear along cos I didnt go swimming for almost 2 weeks. I had weighed myself using the new weighing scale, and found my weight has gone up 67kg! and body fat also gone up 33%... ARGH!!!!!! OMG!!!!!!
Okay, I admit, I ate a bit more on Friday evening and Sat afternoon - Macdonald, chicken frankfurt, fries, BBQ chicken, rootbeer, ice cream, hor fan, fried rice.... Bubu.... Then today I was pigging out at Tampines 1. As I was walking around, ended up eating MrBean Ice cream, 2 taiwan hotdogs, 1 chao da ji pa, 1 spagetti, 1 coke zero, 1 honey drink and 1 ginger tea. Had 2 bowls of porridge for lunch. Now I am skipping dinner cos those were my dinner. Then I felt so bad, I went swimming. My first time in almost 2 weeks. Swam 14 laps instead. Didnt feel like doing 16 cos ate a bit too full. At least I did 2 laps more than my usual of 12 laps. After the swim session, I felt much much better. It must have something to do with the natural endorpins released after a workout.
I shall resume the 2 sessions a week. Hope to let weight go down permanently!
I will highlight some points that I've found useful.
1) To invest, one should try to have 1 year's income set aside for investment. His reasoning is that for stock investment, there would be better returns, aka volume effect, if there is more capital. Instead with little capital, you just buy/sell one lot, the gains are limited, the transactions are many, hence incur more transaction costs for little gains.
2) To retire, his criteria is to have 20 times of your annual income. The rationale is that a person retires around 60, usually have to prepare for another 15-20 years of life expectancy.
Signz I am nowhere in this region, $30k x 20 = $600k. Woah, if only I win the Toto... lol. But for my case, I am following a bit of the idea that if I can generate near/almost my current salary, then can have time for others, cos I have replaced the Primary income with my Secondary income. Whether the Secondary income is permanent, frequent is the key area to work on.
After thinking through the limitation, I have decided to set aside a portion of Investment capital for Trading portfolio, which is more short term, the aim is to trade and generate gains to fund this Secondary income. Whether I am successful or not, really remains to be seen. I cant dictate the market but if I can learn to read the charts, then perhaps there would be some degree of success.
3) Buy into Blue-chip and hold for 10 years or more to realize perhaps much greater gains. He used his own example of buying into HSBC when it was $4.50 and keep buying in, holding LT until now he got his 20x annual income figure. His reasoning is that Blue chip can grow, little worries about bankruptcy and long term growth is there.
Hmm this is one part I kinda agree, previously in my last think-through regarding my Money Management strategies, I've decided to set aside a portion of my Investment capital for LT, aka 10 years. So I've decided to give this strategy a try. (KIV next point, related)
4) Have to have patience and refrain. The patience to really wait for low to enter. Once enter, have the refrain to sell off too early. His reasoning is that if you buy in, and cannot even wait for 1 month, dont have the 'patience' to sit through news, small gains, then its as good as investing to 'win a candy' which is equivalent to going to Macau, to gamble. You are just investing to win something, which is usually small amount, very very short term, a few days.
Hmm I dont know whether I am falling into this 'trap' that he had mentioned. There are times when I sold off too early, but if I have my investment targets to guide me, is that having no patience and refrain?
5) Have to know yourself. He mentioned one must have the restraint to avoid listening to 'insider' news which realistically wont reach the ears of small investors, cos its the big investors that should have access to them. So if small investors get wind of 'insider' news, then most likely its purposely let out to them, and they mostly kena when they follow. Also the news analysts about the markets is another NOT to follow too closely. Really cos partly it could be 'news' let out by big investors etc etc.
6) Have the patience to wait and invest LT. Think I agree with his experience. I will try to grow my own portfolio with a Longer-term view. He also mentioned that one could set aside a portion for ST, another portion for LT. Think this aspect I am on the right track.
Now is practicing the PATIENCE and REFRAIN to wait for the timing to enter now... I must constantly remind myself that I will have to think both ST and LT, separate my ST strategies with LT strategies and even price targets.
_______________________________________
I have just borrowed my Dad's book, which is unfortunately in Chinese again, this time, a more indepth book about the Wave Theory. I need to master this, even if I cant master, I need to add it to my tools.
_______________________________________
Today went to Tampines 1, the new mall in Tampines with sisters. They were bored and wanted to head out. I was just stoning around, half dead cos I was rudely woken up by another community thingy next door at 8.30am! I had slept rather late around 2am, practicing guitar, reading share book, watching LA Ink. We headed out around 1.45pm. I brought my swim gear along cos I didnt go swimming for almost 2 weeks. I had weighed myself using the new weighing scale, and found my weight has gone up 67kg! and body fat also gone up 33%... ARGH!!!!!! OMG!!!!!!
Okay, I admit, I ate a bit more on Friday evening and Sat afternoon - Macdonald, chicken frankfurt, fries, BBQ chicken, rootbeer, ice cream, hor fan, fried rice.... Bubu.... Then today I was pigging out at Tampines 1. As I was walking around, ended up eating MrBean Ice cream, 2 taiwan hotdogs, 1 chao da ji pa, 1 spagetti, 1 coke zero, 1 honey drink and 1 ginger tea. Had 2 bowls of porridge for lunch. Now I am skipping dinner cos those were my dinner. Then I felt so bad, I went swimming. My first time in almost 2 weeks. Swam 14 laps instead. Didnt feel like doing 16 cos ate a bit too full. At least I did 2 laps more than my usual of 12 laps. After the swim session, I felt much much better. It must have something to do with the natural endorpins released after a workout.
I shall resume the 2 sessions a week. Hope to let weight go down permanently!
Saturday, May 16, 2009
Despair Rays
Stock market wise, some counters are coming down from the dizzy heights. But is it the correct timing to enter? That I am not sure. I am not well versed in Wave Theory to judge. I shall just be monitoring and if prices reach my target, I want to start builing up my 2 cash portfolios for another round.
________________________________________
Incidentally, I bought 3 Cds, Taylor Swift- Fearless, Timeless Rock Vintage and FFXI soundtrack. All I have left unlistened on my table until Thurs, I decided to listen to Taylor Swift while lying in bed, I blacked out after the 3rd song, just was so tired. Did the same thing on Friday, knocked out before 1st song finished. Today, I finally finished listening to the songs, not bad, quite like 7 tracks in the album, most of which I have heard over the radio.
Then started listening to the Vintage rock album and discovered something about myself. I dont really like slow rock styles, some of it is fine, but my taste tends towards louder, heavier rock. Too much ballad rock is boring for me too. This was also reflected in my taste for Jrock music.
Was discussing guitar with a coursemate, he like X-Japan and can play the melody version of their famous songs. I listened and am impressed, but I really havent listened to X-Japan in a LOOOOOOOOOONNNNG time. I have their best collection and listened during my Sec/JC days. I like a few of their songs, not all. X-Japan can be considered the Godfather of Visual Rock cos they are the pioneer and hugely successful visualkei band. But they are mainly a soft rock ballad band. If you ask me which band I would like to play the songs, I would say Gazette over X-Japan.
Also chanced upon this very famous Jrock band - Despairs Ray. Its been around for quite a while, I think. But I looked at a few pv, like this one the best. The vocalist has a powerful voice, flexible and also a nice body... LoL, look at the pv and you'll know what I am talking about. Its the song that I was listening to while calculating share prices.
________________________________________
I am sian. Cos there is work at the back of my head. Why? Because last weekend and this weekend, I have to dabao exam stuff back to mark over the weekends. Its ridiculous. I already went in early for the whole week to do exam marking for hours, yet I have to bring back to mark over my weekend. My rest time!
So I wanna sleep and forget things, cannot. Want to go out late, also cannot. I am so reluctant to open it up to mark. I rather be doing 101 things than this. It seriously spoils the weekend. Maybe I will be able to force myself to do it and get it over and done with. I hate this job.
________________________________________
Incidentally, I bought 3 Cds, Taylor Swift- Fearless, Timeless Rock Vintage and FFXI soundtrack. All I have left unlistened on my table until Thurs, I decided to listen to Taylor Swift while lying in bed, I blacked out after the 3rd song, just was so tired. Did the same thing on Friday, knocked out before 1st song finished. Today, I finally finished listening to the songs, not bad, quite like 7 tracks in the album, most of which I have heard over the radio.
Then started listening to the Vintage rock album and discovered something about myself. I dont really like slow rock styles, some of it is fine, but my taste tends towards louder, heavier rock. Too much ballad rock is boring for me too. This was also reflected in my taste for Jrock music.
Was discussing guitar with a coursemate, he like X-Japan and can play the melody version of their famous songs. I listened and am impressed, but I really havent listened to X-Japan in a LOOOOOOOOOONNNNG time. I have their best collection and listened during my Sec/JC days. I like a few of their songs, not all. X-Japan can be considered the Godfather of Visual Rock cos they are the pioneer and hugely successful visualkei band. But they are mainly a soft rock ballad band. If you ask me which band I would like to play the songs, I would say Gazette over X-Japan.
Also chanced upon this very famous Jrock band - Despairs Ray. Its been around for quite a while, I think. But I looked at a few pv, like this one the best. The vocalist has a powerful voice, flexible and also a nice body... LoL, look at the pv and you'll know what I am talking about. Its the song that I was listening to while calculating share prices.
________________________________________
I am sian. Cos there is work at the back of my head. Why? Because last weekend and this weekend, I have to dabao exam stuff back to mark over the weekends. Its ridiculous. I already went in early for the whole week to do exam marking for hours, yet I have to bring back to mark over my weekend. My rest time!
So I wanna sleep and forget things, cannot. Want to go out late, also cannot. I am so reluctant to open it up to mark. I rather be doing 101 things than this. It seriously spoils the weekend. Maybe I will be able to force myself to do it and get it over and done with. I hate this job.
Wednesday, May 13, 2009
Bakerzin Macarons are Nice
In the same, rainy afternoon I went temple praying with my mom, we ended up in Vivocity. I treated her to Bakerzin. The macarons are good, though the pink bundung one was ultra sweet. Then her order of a cake-like-pastry thing was good too. I ordered this vanilla ice cream chocolate puff like thingy that was toooooooo sweet and left both of us feeling sick from the sweetness. Later she bought an entire chocolate cake that was at 50% discount up til end of May.
Its been hectic so far. I am kept away from checking on the live prices of shares by the earlier and longer hours. But I try to login after I reached home. By then its already near 12am. Though I have to wake very early, I dont care too much. Think this is important. I was reading the Zhen Yuan Chang's book up around 2am despite being very very tired. Cos after the movie with Candle, I reached home near 12am. Update shares, bathe, stone a bit, already past 1am. Then read the book until I almost fell asleep with the lights on again. Yes, I shouldnt over-tax my health.
I wish I have more time for these pursuits. I will make time for them. Though I am supposed to sleep earlier tonight, I shall try to clear a bit of the reading. So far I am still not going in, today prices rose a little bit, so far for some counters, its still overall lower, some went back to high, the prices are not attractive enough for me to buy-in. I rather wait a bit more patiently and practice refrain. I must remember to make better Money-Management decisions and ensure that this time, I would have a LT, ST trading cash portfolio portion, both in the SG and Msia markets.
Its been hectic so far. I am kept away from checking on the live prices of shares by the earlier and longer hours. But I try to login after I reached home. By then its already near 12am. Though I have to wake very early, I dont care too much. Think this is important. I was reading the Zhen Yuan Chang's book up around 2am despite being very very tired. Cos after the movie with Candle, I reached home near 12am. Update shares, bathe, stone a bit, already past 1am. Then read the book until I almost fell asleep with the lights on again. Yes, I shouldnt over-tax my health.
I wish I have more time for these pursuits. I will make time for them. Though I am supposed to sleep earlier tonight, I shall try to clear a bit of the reading. So far I am still not going in, today prices rose a little bit, so far for some counters, its still overall lower, some went back to high, the prices are not attractive enough for me to buy-in. I rather wait a bit more patiently and practice refrain. I must remember to make better Money-Management decisions and ensure that this time, I would have a LT, ST trading cash portfolio portion, both in the SG and Msia markets.
Monday, May 11, 2009
Temples visiting and praying
Due to the unpleasant incident, I had decided to bring forward my decision.
Then internally I am in a dilemna, its not so much that I love the job. Its the predictability of the income, and more the ambiguous next step to take that troubles me.
Went to Guan Ying Temple to ask for 1 qian about quitting this job. The qian is not really what I want to hear. It is somewhat asking me to wait cos I am not ready. I am wondering inside, wait for what? wait until when? Unfortunately qians are like this, they dont give you a flat out answer. I have to pray more to GuanYing cos its not a good qian.
When is the 'right' time?
When bond is over?
When I have $30k in the bank for reserve?
Until the end of the year?
When I get the Connect plan in 1.5yrs more time?
I am not really convinced to stay on. My time horizon is still set on that timing for now until something convinces me otherwise.
My apologies to Candle, have to cancel the Movie outing tonight. Another day. At least now I have finished the temple visiting part. Need to be more pious and dilligent in this aspect and also give thanks when the worst is over.
_________________________________________
On the stock market part, I am doing my best. Focusing my efforts in monitoring, making strategies, targets, even cautious selling off. Even started reading the Zhen Yuan Chang's book of "7 knowledges for Investment" which is in Chinese. But its written in an easily understandable manner that its quite enjoyable reading it.
Early this morning, I sold off 2 lots of one share counter and am left with 1 counter only. Then headed out to the temple. When I was looking at the market, prices started wobbling at the opening prices. Luckily sold off the 2 lots cos by the time I returned around 4pm, prices had fallen by 11 cents, aka $110. (1 cent = $10)
Then looking across the counters I had previously bought into and then sold off, now placed under "Buy-In" page, prices seems to have started falling. For my final counter, I decided to sell off half. Its at a small profit of less than $500. The rationale is that I want to free up the capital locked inside. Yes unlock it with a little bit of gains, so that IF the market turns, I have MORE capital to invest. Even buy back the same shares at a lower price. BUT I am not sure where exactly is the market heading. This is just my preparation for the worse outcome. If market went up instead, at least I still have 5 lots invested. Something like that.
Then internally I am in a dilemna, its not so much that I love the job. Its the predictability of the income, and more the ambiguous next step to take that troubles me.
Went to Guan Ying Temple to ask for 1 qian about quitting this job. The qian is not really what I want to hear. It is somewhat asking me to wait cos I am not ready. I am wondering inside, wait for what? wait until when? Unfortunately qians are like this, they dont give you a flat out answer. I have to pray more to GuanYing cos its not a good qian.
When is the 'right' time?
When bond is over?
When I have $30k in the bank for reserve?
Until the end of the year?
When I get the Connect plan in 1.5yrs more time?
I am not really convinced to stay on. My time horizon is still set on that timing for now until something convinces me otherwise.
My apologies to Candle, have to cancel the Movie outing tonight. Another day. At least now I have finished the temple visiting part. Need to be more pious and dilligent in this aspect and also give thanks when the worst is over.
_________________________________________
On the stock market part, I am doing my best. Focusing my efforts in monitoring, making strategies, targets, even cautious selling off. Even started reading the Zhen Yuan Chang's book of "7 knowledges for Investment" which is in Chinese. But its written in an easily understandable manner that its quite enjoyable reading it.
Early this morning, I sold off 2 lots of one share counter and am left with 1 counter only. Then headed out to the temple. When I was looking at the market, prices started wobbling at the opening prices. Luckily sold off the 2 lots cos by the time I returned around 4pm, prices had fallen by 11 cents, aka $110. (1 cent = $10)
Then looking across the counters I had previously bought into and then sold off, now placed under "Buy-In" page, prices seems to have started falling. For my final counter, I decided to sell off half. Its at a small profit of less than $500. The rationale is that I want to free up the capital locked inside. Yes unlock it with a little bit of gains, so that IF the market turns, I have MORE capital to invest. Even buy back the same shares at a lower price. BUT I am not sure where exactly is the market heading. This is just my preparation for the worse outcome. If market went up instead, at least I still have 5 lots invested. Something like that.
Sunday, May 10, 2009
Weight 65.7kg and rated Obese
Yes! Today I am 65.7kg, though I weighed just 3 days ago and was 67.4kg. Phew!
But I am OBESE. Based on the brand new weighing scale bought. Its one that can measure Body Fat levels and cost $50.
The story started when my sister, Yingel decided that she wanted to know her body fat levels, cos her weight loss has stagnated. Her coach was telling her that if one loses weight very fast, it could be due to losing water and not fats. The only sure way was to monitor the Body Fat levels. When she told me that, I told her that there are such weighing scales that can measure but not sure how much it costs. Also to go outside to clinics/centres just to get your body fat levels measured would set you back easily $30. That was that until a few days later, I walked past a nearby electronic store and saw a weighing scale that can measure Body Fat. We decided to share the cost, each $25.
I programmed it with user codes and input information like height, age. Then stepped on it. My weight is 65.7kg, my body fat is 32.3%, ie 21.2kg of my weight is fat. The range for a fit person is 14% to 24%, for acceptable is 25% to 31%. Technically I am a bit off for the acceptable level. But I am not aiming for the acceptable level. I aim for the fit level. Thats about 5.5kg of fats to lose. If I can drop 5kg more, I am back to JC, Uni days weight liao. Think by then I should be leaner. Noticed my arms are getting more toned. Need to keep my weight in this 65kg region and go downwards. Jia You!
My sister has googled about body fat levels. There is no other way to lose it except to drop excess weight with strength training. Swimming has strength training component built in cos you push against the water, so there is resistance training involved. I shall just stick doggedly to it.
_______________________________________________
On the stock market front, the stress stess in the US is a piece of positive news. In today's newspaper there is an article about the V shape recovery thingy. There maybe a pull-back. Please monitor prices for this pull-back and consider entering the market. For me, the plan next week is to monitor remaining 2 counters and sell off when prices are favourable. Also to monitor for Pull back to enter the market with my funds.
On the Money Management front, I have calculated my investment funds amount. Also this excludes my personal reserve that is the money that will last me when I lose my job. I will try to make that reserve fund $30k but judging from the bringing forward of my resignation, it would mean a few thousand shortfall. Nevermind that, I try to spend less these couple of remaining months.
Of the Investment funds, I will allocated in 50%-20%-30% mix. 50% is used for active trading, ie in short term to medium term investment. 20% is for long term investment. 30% is share reserve, for things like Rights issue, even sharper fall in the prices, to avoid the 'over investment' trap.
Then I calcuated the monetary amounts respectively and also calculated the number of shares that I target to buy for the Active Funds, LT Funds, within the constraints of the monetary amounts they represent. Eg I intend to buy 2 CapLand for LT, 6 for ST to MT. So when I start selling off in the next wave, I will sell a max of 6 lots of CapLand. The remaining 2 I wont touch. Something like that cos I dont want not to be invested and at the sidelines like now, with only 2 counters left. It bothers me that I dont have much LT investment that can grow for at least 5 years.
That's the plan so far. Its been an evolution from gradually just deciding on Counter and Buying Price alone, to setting target for Selling, to deciding on portfolio investment methods, to MA analysis, to now more Money Management methods. Think I need to develop even more sophisticated methods to safe-guard my investment capital. I cannot afford to lose big and long in this game. I want to take calculated risk, within my means, to make sure I can get returns that can match and even exceed my current pay. So far for April and May, I have achieved income greater than my current salary. Its for Jan til March, that it didnt reach my current pay. The average so far is about $3.3k per month, with May still in progress. Though good times like this wont last but IF I can earn this year's and next year's income. Then I have a peace of mind about living expense and stuff. That would free up more time for other pursuits and can lemme be FINANCIALLY INDEPENDENT. That's my goal.
But I am OBESE. Based on the brand new weighing scale bought. Its one that can measure Body Fat levels and cost $50.
The story started when my sister, Yingel decided that she wanted to know her body fat levels, cos her weight loss has stagnated. Her coach was telling her that if one loses weight very fast, it could be due to losing water and not fats. The only sure way was to monitor the Body Fat levels. When she told me that, I told her that there are such weighing scales that can measure but not sure how much it costs. Also to go outside to clinics/centres just to get your body fat levels measured would set you back easily $30. That was that until a few days later, I walked past a nearby electronic store and saw a weighing scale that can measure Body Fat. We decided to share the cost, each $25.
I programmed it with user codes and input information like height, age. Then stepped on it. My weight is 65.7kg, my body fat is 32.3%, ie 21.2kg of my weight is fat. The range for a fit person is 14% to 24%, for acceptable is 25% to 31%. Technically I am a bit off for the acceptable level. But I am not aiming for the acceptable level. I aim for the fit level. Thats about 5.5kg of fats to lose. If I can drop 5kg more, I am back to JC, Uni days weight liao. Think by then I should be leaner. Noticed my arms are getting more toned. Need to keep my weight in this 65kg region and go downwards. Jia You!
My sister has googled about body fat levels. There is no other way to lose it except to drop excess weight with strength training. Swimming has strength training component built in cos you push against the water, so there is resistance training involved. I shall just stick doggedly to it.
_______________________________________________
On the stock market front, the stress stess in the US is a piece of positive news. In today's newspaper there is an article about the V shape recovery thingy. There maybe a pull-back. Please monitor prices for this pull-back and consider entering the market. For me, the plan next week is to monitor remaining 2 counters and sell off when prices are favourable. Also to monitor for Pull back to enter the market with my funds.
On the Money Management front, I have calculated my investment funds amount. Also this excludes my personal reserve that is the money that will last me when I lose my job. I will try to make that reserve fund $30k but judging from the bringing forward of my resignation, it would mean a few thousand shortfall. Nevermind that, I try to spend less these couple of remaining months.
Of the Investment funds, I will allocated in 50%-20%-30% mix. 50% is used for active trading, ie in short term to medium term investment. 20% is for long term investment. 30% is share reserve, for things like Rights issue, even sharper fall in the prices, to avoid the 'over investment' trap.
Then I calcuated the monetary amounts respectively and also calculated the number of shares that I target to buy for the Active Funds, LT Funds, within the constraints of the monetary amounts they represent. Eg I intend to buy 2 CapLand for LT, 6 for ST to MT. So when I start selling off in the next wave, I will sell a max of 6 lots of CapLand. The remaining 2 I wont touch. Something like that cos I dont want not to be invested and at the sidelines like now, with only 2 counters left. It bothers me that I dont have much LT investment that can grow for at least 5 years.
That's the plan so far. Its been an evolution from gradually just deciding on Counter and Buying Price alone, to setting target for Selling, to deciding on portfolio investment methods, to MA analysis, to now more Money Management methods. Think I need to develop even more sophisticated methods to safe-guard my investment capital. I cannot afford to lose big and long in this game. I want to take calculated risk, within my means, to make sure I can get returns that can match and even exceed my current pay. So far for April and May, I have achieved income greater than my current salary. Its for Jan til March, that it didnt reach my current pay. The average so far is about $3.3k per month, with May still in progress. Though good times like this wont last but IF I can earn this year's and next year's income. Then I have a peace of mind about living expense and stuff. That would free up more time for other pursuits and can lemme be FINANCIALLY INDEPENDENT. That's my goal.
Saturday, May 09, 2009
Swave Boarding!
Today was a bitter-sweet day. Bitter cos I have this thing from work I have to finish over the weekend so its crap. I've cleared half of it. Will clear the rest of it tomorrow. After I have done most of my things for the day.
My dad was bored and decided to drive us around at 5pm. We headed to East Coast. This time, my sisters decided to rent the swave boards. Its cheap. $2 an hour. I didnt want to, intending to walk around instead. After we finished renting it, we looked for a place to ride it.
No wonder its only $2 per hour. It cannot stand itself, cos it has only 2 wheels. You have to get on it with a bit of push, then balance yourself, maintain balance and then swerve your front leg in a 'S' shape.
The first 20 minutes saw me and my Dad acting as support posts for both sisters so that they can mount the board. Then as the swaveboard is split into two parts that can move independently, balancing is tough. Then my dad left me to watch the sea and people. I was the sole support post, plus balancing beam. Later my sister asked me to try inbetween their continued struggles.
I tried to get on it like a skateboard, ie put front leg on it, give it a slight push, lift hind leg and put on the board. Could mount easier with more tries. Was sweating buckets by then. Then later tried to movement of the hips or waist or legs to get it to move.
By the 40 minute mark, all 3 of us could mount the board but still stuck at propelling the board. Still we persisted. We took turns to try the 2 boards, while one takes a break inbetween.
By the 50 minute mark, we could travel the distance of 2-3 lamp posts on the swaveboards. By then we really got the money's worth... Returned the boards and headed home. Cos mom cooked at home liao, went back to eat.
This swaveboard learning session really brought back memories of younger days. Primary school days when my Dad bought me a skateboard as a reward for my studies. Spent much time just balancing on the board and moving it around. Didnt learn tricks cos nobody to teach. I still have that skateboard, though its gathering dust under my bed. Incidentally the swave board is very affordable, only $75. I was expecting $100-$200. Lemme see if I am into it enough to buy one to master.
Me and my sister bought an ice cream cone each to eat from the bowling alley and we headed back. Ice cream never tasted so good, only after a good sweat session. Think all the calories has gone back.
My dad was bored and decided to drive us around at 5pm. We headed to East Coast. This time, my sisters decided to rent the swave boards. Its cheap. $2 an hour. I didnt want to, intending to walk around instead. After we finished renting it, we looked for a place to ride it.
No wonder its only $2 per hour. It cannot stand itself, cos it has only 2 wheels. You have to get on it with a bit of push, then balance yourself, maintain balance and then swerve your front leg in a 'S' shape.
The first 20 minutes saw me and my Dad acting as support posts for both sisters so that they can mount the board. Then as the swaveboard is split into two parts that can move independently, balancing is tough. Then my dad left me to watch the sea and people. I was the sole support post, plus balancing beam. Later my sister asked me to try inbetween their continued struggles.
I tried to get on it like a skateboard, ie put front leg on it, give it a slight push, lift hind leg and put on the board. Could mount easier with more tries. Was sweating buckets by then. Then later tried to movement of the hips or waist or legs to get it to move.
By the 40 minute mark, all 3 of us could mount the board but still stuck at propelling the board. Still we persisted. We took turns to try the 2 boards, while one takes a break inbetween.
By the 50 minute mark, we could travel the distance of 2-3 lamp posts on the swaveboards. By then we really got the money's worth... Returned the boards and headed home. Cos mom cooked at home liao, went back to eat.
This swaveboard learning session really brought back memories of younger days. Primary school days when my Dad bought me a skateboard as a reward for my studies. Spent much time just balancing on the board and moving it around. Didnt learn tricks cos nobody to teach. I still have that skateboard, though its gathering dust under my bed. Incidentally the swave board is very affordable, only $75. I was expecting $100-$200. Lemme see if I am into it enough to buy one to master.
Me and my sister bought an ice cream cone each to eat from the bowling alley and we headed back. Ice cream never tasted so good, only after a good sweat session. Think all the calories has gone back.
2 Stock Counters
I am down to 2 stock counters left. One I have 2 lots left, other I have 10 lots left. One has moved up, so I have sold to realize the gains. The other has started moving. The stress test seems positive, and today prices had gone even higher. Maybe next week instead of falling, market may rise more. Hence I am prepared to do a maximum of 6 more Sell orders. I have to practice PATIENCE to "Let profits run", which I think I am not adhering well to. Given that I have sold when it reaches my target, yet when I sell off, the price shot up more.
The reason, is that I am not that well-versed in Wave theory yet to start spotting trends in the cycles yet. I am not confident of reading the current trend.
FOR me, its mainly, I try to observe and buy low. Then when Sell for gains. The gains are the target prices I set. I dont know whether prices will trend up more or less that next day or the week after. That is why my selling decisions sometimes are not executed at the BEST price. I still think a bird in the pocket is worth two in the bush.
I have still much to read into this aspect. I need to read up another 2-3 books that my Dad owns to build up this aspect. The TA book touches briefly about it. My dad has been touting his understanding of the Wave Theory as the one that allowed him to make money (though for him is a secondary income) plus now his retirement income. And a few of those books are in Chinese. Reading Chinese is okay for me as I do read comics but reading financial books in Chinese, that is a challenge I am willing to take, IF it can lemme achieve the goal of earning my primary income. Will try to finish TA by this weekend. Then start on the other books next weekend.
___________________________________________
I am wearing another "lucky charm" now. It was bought yesterday, after the incident. I walked past a Par Sar Malam auction and they were auctioning the items. This one has a lucky looking carving on it, plus the guy introd say is good for those who buy 4D, Toto. Wear on the dominant hand to increase the luck. Okay really sounds like just the one I need. So when the initial bidding died down, every bid $2, to $10. I waited a bit, then raised my hand and bought it for $12. Then I didnt stay around for the rest of the auction. I wear it now to bring me 'luck' and also remind myself the reason I was so down.
I have not been so demotivated since ShittyBank days. This level of anger and frustration simmering is so intense, I previously focused it to achieve other stuff after my Shittybank days. Even up until now, I have not lifted the curse on ShittyBank. I was just going through the motiions today. I feel emptiness for the work I am doing now. (I just hope my negativisim is not rubbing off my friends) Think its time to move on...
True enough as my dad mentions, such opportunities in the stock market doesnt come every year so my relatively 'good' performance may not last. BUT he says that if one can read the waves well, there are boundless opportunities cos there are so many cycles, seasonal, monthly, weekly, daily. True enough. That is what I hope to achieve eventually. Maybe my income wont be as stable but I will definitely be happier, sleeping more, eating well. The only difference is that I may lose money, or the income is varying in amount and frequency, not like a fixed montly salary thing. I'll take my chances.
I am lucky my finanical commitments are low. Besides my insurance policies. Though it wont be always like this, cos I still live in parent's home, but at least that is the situation for now.
___________________________________________
I am going to hide in the room now cos my Dad just started the comparing a Teacher versus Lecturer difference and how Teachers have good life, good pay, easier to teach, easier life. Such a wrong stereotypical thing. I dont want to yell at him to can it, or how its all a damn bloody wrong lie. Why do Teachers leave then if everything is so good? Why do they need to be locked in with a bond? But nevermind, I am going to do more thinking about stocks.
Night. Maybe I am obssessed but hey I rather 'play' this game of stock and life as opposed to politics crap. I can be 'me' rather than a 'suck-ball' ass hole.
The reason, is that I am not that well-versed in Wave theory yet to start spotting trends in the cycles yet. I am not confident of reading the current trend.
FOR me, its mainly, I try to observe and buy low. Then when Sell for gains. The gains are the target prices I set. I dont know whether prices will trend up more or less that next day or the week after. That is why my selling decisions sometimes are not executed at the BEST price. I still think a bird in the pocket is worth two in the bush.
I have still much to read into this aspect. I need to read up another 2-3 books that my Dad owns to build up this aspect. The TA book touches briefly about it. My dad has been touting his understanding of the Wave Theory as the one that allowed him to make money (though for him is a secondary income) plus now his retirement income. And a few of those books are in Chinese. Reading Chinese is okay for me as I do read comics but reading financial books in Chinese, that is a challenge I am willing to take, IF it can lemme achieve the goal of earning my primary income. Will try to finish TA by this weekend. Then start on the other books next weekend.
___________________________________________
I am wearing another "lucky charm" now. It was bought yesterday, after the incident. I walked past a Par Sar Malam auction and they were auctioning the items. This one has a lucky looking carving on it, plus the guy introd say is good for those who buy 4D, Toto. Wear on the dominant hand to increase the luck. Okay really sounds like just the one I need. So when the initial bidding died down, every bid $2, to $10. I waited a bit, then raised my hand and bought it for $12. Then I didnt stay around for the rest of the auction. I wear it now to bring me 'luck' and also remind myself the reason I was so down.
I have not been so demotivated since ShittyBank days. This level of anger and frustration simmering is so intense, I previously focused it to achieve other stuff after my Shittybank days. Even up until now, I have not lifted the curse on ShittyBank. I was just going through the motiions today. I feel emptiness for the work I am doing now. (I just hope my negativisim is not rubbing off my friends) Think its time to move on...
True enough as my dad mentions, such opportunities in the stock market doesnt come every year so my relatively 'good' performance may not last. BUT he says that if one can read the waves well, there are boundless opportunities cos there are so many cycles, seasonal, monthly, weekly, daily. True enough. That is what I hope to achieve eventually. Maybe my income wont be as stable but I will definitely be happier, sleeping more, eating well. The only difference is that I may lose money, or the income is varying in amount and frequency, not like a fixed montly salary thing. I'll take my chances.
I am lucky my finanical commitments are low. Besides my insurance policies. Though it wont be always like this, cos I still live in parent's home, but at least that is the situation for now.
___________________________________________
I am going to hide in the room now cos my Dad just started the comparing a Teacher versus Lecturer difference and how Teachers have good life, good pay, easier to teach, easier life. Such a wrong stereotypical thing. I dont want to yell at him to can it, or how its all a damn bloody wrong lie. Why do Teachers leave then if everything is so good? Why do they need to be locked in with a bond? But nevermind, I am going to do more thinking about stocks.
Night. Maybe I am obssessed but hey I rather 'play' this game of stock and life as opposed to politics crap. I can be 'me' rather than a 'suck-ball' ass hole.
Thursday, May 07, 2009
I am so Unmotivated
Following Tab and Quetzal's blog entries about being unmotivated, I didnt know it was to pre-cursor to today.
Ask me personally for details. Let it be put simply, instead of making me re-think or defer my decision. It has in fact hastened it. I thought through the entire episode and felt it was about time to leave. Its not demotivated. Its entirely lost motivation.
A breath of fresh air would do me good.
_________________________________________
On the CRAZY stock market. I came back rather late, been out walking around, thinking about today. Felt better after a hot bath, a drink (non-alcoholic) and opening up laptop. My dad asked me to help check the Malaysian stock counter prices, cos the prices are not available on Teletext. So I login and told him. Then he told me SG Market FLEW.
Flew was an understatement. Within a space of 1 day, some of the counters I've just sold either yesterday or the day before, shot up $0.30 to a maximum of $0.89. That's easily $1.3k gone from IF I had sold them a bit later. The good news is that I still have some, very little counters left. Plus even the unmoving ones are starting to rise. Great, lemme get rid of them and earn the final bits of profits to achieve my now EVEN MORE PRESSING TARGETS now that my decision seemed to be made for me.
Ask me personally for details. Let it be put simply, instead of making me re-think or defer my decision. It has in fact hastened it. I thought through the entire episode and felt it was about time to leave. Its not demotivated. Its entirely lost motivation.
A breath of fresh air would do me good.
_________________________________________
On the CRAZY stock market. I came back rather late, been out walking around, thinking about today. Felt better after a hot bath, a drink (non-alcoholic) and opening up laptop. My dad asked me to help check the Malaysian stock counter prices, cos the prices are not available on Teletext. So I login and told him. Then he told me SG Market FLEW.
Flew was an understatement. Within a space of 1 day, some of the counters I've just sold either yesterday or the day before, shot up $0.30 to a maximum of $0.89. That's easily $1.3k gone from IF I had sold them a bit later. The good news is that I still have some, very little counters left. Plus even the unmoving ones are starting to rise. Great, lemme get rid of them and earn the final bits of profits to achieve my now EVEN MORE PRESSING TARGETS now that my decision seemed to be made for me.
2nd Investment Target $15k achieved
Yes after this past 2 days of selling off while the market is very bullish, I have hit the 2nd investment target. 3 more targets left, 20k, 25k, 30k and beyond. Like to keep a beyond target cos calculating $30k annual income, seems to be a bit low.
I have been keeping track of my expenses so far. Each month, if practice even more thrift eg eat at home more instead of going out, without insurance payments etc, can lower to $1k, extreme thrift. But that is not a good standard of living. Then easily each year more than $17k. So $30k can at most keep for 2 years of living. Hmm... why is Singapore such an expensive place to live in? Think Msia can last even longer but that is another story...
_____________________________________________
Currently in my SG cash portfolio, which I have been actively trading compared to Msia cash portfolio - more medium term, CPF portfolio - long term. I am left with stocks from only 3 counters. Previously I have up to a max of over 9 counters. Been selling off to lock in gains.
Yar I sold off my Capital Land shares, when share prices bounced up after XD today. Though it has closed higher than my selling price in the morning, I have netted gains plus dividend. Think that is good enough for an 8 day old investment, the returns if annualize could be much higher than my current 18% returns. I do wished I had more time to buy more shares when it started felling about 2 weeks back. This strong rebound caught many off-guard. Havent finished buying back those that had fallen before the action begins. But this scenario compared to the previous, where I ran out of capital when the market fell even lower, is more pleasant. It just meant waiting at the side-lines. I am not completely out of the market but I am looking for more opportunities to buy now.
_____________________________________________
Yesterday, in the wee hours of the night, I was reading the Money Management Chapter of the TA book. It mentioned some basic rules which can be modified depending on risk appettite. I shall mention a few interesting points.
The first is a rule that only 50% of investment funds to be invested. The other 50% is for contigency or even further falls (or my I-ran-out-of-capital-when-everything-is-so-cheap dilemma) Yar that I learnt the hard way. I found through actual investment that I am a actually a moderate-to-high risk taker. As I've mentioned, I take calculated risk. Hence for further investment, I shall set that amount to about 60-65% invested. 30-35% reserve.
The second is that a maximum of 15% of the funds actually invested is in a market/counter. Eg Capital Land. Why? Cos if it was losing money, you still have other counters. Something about the idea of diversification.
The third point relates to the 2nd point about diversification. It mentions that funds invested shouldnt try to spread beyond 4-6 counters. The reason given was that the Volume effect is not achieved if spread too thinly over too many counters unless with deep capital levels. As mentioned, as long as the counters are in DIFFERENT MARKETS, then diversification is more or less achieved. On this point, I beg to differ. In my portfolio, in fact there are many counters in Property. I did write earlier that my investment philosophy is about the Property, the value of commercial land, retail land, residential developer, hotels etc. So this directs that search of good counters in this area. Hence my stock selection are somewhat in the same property areas. They diff in the type of property dealt with and also the position in the supply chain of property.
The 4th point is the age old financial maxim "Let profits run and cut the losses". This is seriously easier said than done. Those who have actually invested knows that when prices are going up, one would keep asking whether its the right time to sell or not? What if tom, prices head even higher, should I wait? Some would also ask it I should buy into this rising market and then reap higher prices? Then when prices are falling, one would keep asking, whether its the right time to buy? Or wait for tomorrow which may be lower? Or should I sell off my losing position and cut losses? Seriously I really dont know, its very very subjective and depends on your investment target for that stock, your perspective of the market, your risk appettite.
The last and most important "Learn to be comfortable being in the minority. If you are right on the market, many people will disagree with you". THIS has so much profound meaning. Because the mass market is usually wrong, that is why not the average person gains in the market. So if the mass is bullish eg buying, a smart investor would be bearish and adopt an opposite strategy eg sell. There is another whole school of thought about this contary strategy called Contarians. I just go the way which can nett me gains.
And "Try to ignore conventional wisdom ie dont take anything said in the media too seriously". SOOOO very true indeed. Cos if the mass listens to the media, whom analysts makes predictions and recommendations, and they follow, yet not everyone is millionaire, it just means that, that information is flawed.
I have asked my Dad regarding analyst, cos he had invested in the stock market for 20 years, I told him how many predicted STI and Dow to fall even below the historic low hit this year. But now market showing strength, does that mean such talks should be completely ignored? He advised that one would have to sieve through the analysis and find the good analysts and follow those. Okay, so far I have none.
Havent exactly been reading the newspapers or analyst's report. My current strategy is still more based on Price monitoring upgraded with MA, reading of Annual reports, SGX announcements etc.
_____________________________________________
Its not yet mid-May, I shall continue to look out for opportunities cos my captial are being 'released' back from all these sales. Left with few counters. PLUS that PENNY-STOCK-STRATEGY failed cos that penny stock price also flew higher. Signz there goes my short-term multiplier gamble.
As I continue to monitor the stock market, at the back is my mind is this target of "earning next year's income so that I can rest with a peace of mind". Its only just the start of May, I am on track. Hope for more UPS and DOWNS so that can benefit from the cycles.
Happy Happy HB =)
I have been keeping track of my expenses so far. Each month, if practice even more thrift eg eat at home more instead of going out, without insurance payments etc, can lower to $1k, extreme thrift. But that is not a good standard of living. Then easily each year more than $17k. So $30k can at most keep for 2 years of living. Hmm... why is Singapore such an expensive place to live in? Think Msia can last even longer but that is another story...
_____________________________________________
Currently in my SG cash portfolio, which I have been actively trading compared to Msia cash portfolio - more medium term, CPF portfolio - long term. I am left with stocks from only 3 counters. Previously I have up to a max of over 9 counters. Been selling off to lock in gains.
Yar I sold off my Capital Land shares, when share prices bounced up after XD today. Though it has closed higher than my selling price in the morning, I have netted gains plus dividend. Think that is good enough for an 8 day old investment, the returns if annualize could be much higher than my current 18% returns. I do wished I had more time to buy more shares when it started felling about 2 weeks back. This strong rebound caught many off-guard. Havent finished buying back those that had fallen before the action begins. But this scenario compared to the previous, where I ran out of capital when the market fell even lower, is more pleasant. It just meant waiting at the side-lines. I am not completely out of the market but I am looking for more opportunities to buy now.
_____________________________________________
Yesterday, in the wee hours of the night, I was reading the Money Management Chapter of the TA book. It mentioned some basic rules which can be modified depending on risk appettite. I shall mention a few interesting points.
The first is a rule that only 50% of investment funds to be invested. The other 50% is for contigency or even further falls (or my I-ran-out-of-capital-when-everything-is-so-cheap dilemma) Yar that I learnt the hard way. I found through actual investment that I am a actually a moderate-to-high risk taker. As I've mentioned, I take calculated risk. Hence for further investment, I shall set that amount to about 60-65% invested. 30-35% reserve.
The second is that a maximum of 15% of the funds actually invested is in a market/counter. Eg Capital Land. Why? Cos if it was losing money, you still have other counters. Something about the idea of diversification.
The third point relates to the 2nd point about diversification. It mentions that funds invested shouldnt try to spread beyond 4-6 counters. The reason given was that the Volume effect is not achieved if spread too thinly over too many counters unless with deep capital levels. As mentioned, as long as the counters are in DIFFERENT MARKETS, then diversification is more or less achieved. On this point, I beg to differ. In my portfolio, in fact there are many counters in Property. I did write earlier that my investment philosophy is about the Property, the value of commercial land, retail land, residential developer, hotels etc. So this directs that search of good counters in this area. Hence my stock selection are somewhat in the same property areas. They diff in the type of property dealt with and also the position in the supply chain of property.
The 4th point is the age old financial maxim "Let profits run and cut the losses". This is seriously easier said than done. Those who have actually invested knows that when prices are going up, one would keep asking whether its the right time to sell or not? What if tom, prices head even higher, should I wait? Some would also ask it I should buy into this rising market and then reap higher prices? Then when prices are falling, one would keep asking, whether its the right time to buy? Or wait for tomorrow which may be lower? Or should I sell off my losing position and cut losses? Seriously I really dont know, its very very subjective and depends on your investment target for that stock, your perspective of the market, your risk appettite.
The last and most important "Learn to be comfortable being in the minority. If you are right on the market, many people will disagree with you". THIS has so much profound meaning. Because the mass market is usually wrong, that is why not the average person gains in the market. So if the mass is bullish eg buying, a smart investor would be bearish and adopt an opposite strategy eg sell. There is another whole school of thought about this contary strategy called Contarians. I just go the way which can nett me gains.
And "Try to ignore conventional wisdom ie dont take anything said in the media too seriously". SOOOO very true indeed. Cos if the mass listens to the media, whom analysts makes predictions and recommendations, and they follow, yet not everyone is millionaire, it just means that, that information is flawed.
I have asked my Dad regarding analyst, cos he had invested in the stock market for 20 years, I told him how many predicted STI and Dow to fall even below the historic low hit this year. But now market showing strength, does that mean such talks should be completely ignored? He advised that one would have to sieve through the analysis and find the good analysts and follow those. Okay, so far I have none.
Havent exactly been reading the newspapers or analyst's report. My current strategy is still more based on Price monitoring upgraded with MA, reading of Annual reports, SGX announcements etc.
_____________________________________________
Its not yet mid-May, I shall continue to look out for opportunities cos my captial are being 'released' back from all these sales. Left with few counters. PLUS that PENNY-STOCK-STRATEGY failed cos that penny stock price also flew higher. Signz there goes my short-term multiplier gamble.
As I continue to monitor the stock market, at the back is my mind is this target of "earning next year's income so that I can rest with a peace of mind". Its only just the start of May, I am on track. Hope for more UPS and DOWNS so that can benefit from the cycles.
Happy Happy HB =)
Tuesday, May 05, 2009
Signz... Work Sucks, Stocks Yay!
At the work front, things have gone to a really ugly state with stupid procedures set up and kept in place. Ask me personally for details. The bottom line "IT SUCKS!" Then I have alot of marking to do. Dabao back, not efficient, mark at most 1 stack. Then go in earlier, end up with more stupid crap that cant use the time to mark. It meant work is piling up instead of reducing. It means stress to return in time for revision. Bottom line "WORK SUCKS! BIG TIME!"
_________________________________________
At the more exciting and challenging stock market front, however things look for rosy. Just within 2 days, prices for some counters have soared to dazzaling heights. I had started selling off my remaining stocks. Today was no exception. I managed to sell off 2 more orders of current shares to realize the gains (Happy Happy HB, Happy Happy HB)
BUT my strategy to buy that penny stock today was thwarted. Opening prices went higher than all my 3 order prices and remained high until market closed. It meant none of my 3 large orders for the penny stock got executed. Never mind, I will re-key those 3 orders tonight at 12am, adjust upwards 1st order by 1cents. Hope it gets filled.
Been selling off my shares, some I sold off earlier in first round of selling up to early April. Then before I can buy back those, prices shot up. So now selling off those on hand. My capital are getting released back to me with gains too. If I do not re-invest when opportunity strikes, it may mean another round of Ups and Downs Cycle and having to wait at the side lines. Need that penny stock to make up next wave of Selling.
Also this 2 days are dividend X dates. Previously if a dividend is announced and approved, the word CD appears beside the share counter. Eg (CD) ABC company. So once the cut-off date is reached, the word XD appears beside the counter. EG (XD) ABC compnay. What this meant is that if I buy a counter with the word XD beside it, it meant I WONT get the dividend. I was too late to buy the share.
So a simple trade strategy would be to Sell a stock after its XD, if prices are good. You already are going to get the dividend, then if got capital gains, can sell off for gains on both ends.
For buyers, the strategy would be to consider buying into a XD stock because usually the stock price will fall by the same amount as the dividend to reflect the loss of dividends. Hence if prices fall further than the dividend, it could be a buy opportunity.
The market is very strong today. How so? Cos I have 2 counters that are XD today. Prices fell less than the dividend amount and even rose back to yesterday high and even exceed yesterday's prices. This reflects strong buy-in by other investors. They are bullish about the market. I am now going contary to them, I am selling off to get the gains. Also earning the dividends. Tom I consider selling off one more counter.
_________________________________________
At the more exciting and challenging stock market front, however things look for rosy. Just within 2 days, prices for some counters have soared to dazzaling heights. I had started selling off my remaining stocks. Today was no exception. I managed to sell off 2 more orders of current shares to realize the gains (Happy Happy HB, Happy Happy HB)
BUT my strategy to buy that penny stock today was thwarted. Opening prices went higher than all my 3 order prices and remained high until market closed. It meant none of my 3 large orders for the penny stock got executed. Never mind, I will re-key those 3 orders tonight at 12am, adjust upwards 1st order by 1cents. Hope it gets filled.
Been selling off my shares, some I sold off earlier in first round of selling up to early April. Then before I can buy back those, prices shot up. So now selling off those on hand. My capital are getting released back to me with gains too. If I do not re-invest when opportunity strikes, it may mean another round of Ups and Downs Cycle and having to wait at the side lines. Need that penny stock to make up next wave of Selling.
Also this 2 days are dividend X dates. Previously if a dividend is announced and approved, the word CD appears beside the share counter. Eg (CD) ABC company. So once the cut-off date is reached, the word XD appears beside the counter. EG (XD) ABC compnay. What this meant is that if I buy a counter with the word XD beside it, it meant I WONT get the dividend. I was too late to buy the share.
So a simple trade strategy would be to Sell a stock after its XD, if prices are good. You already are going to get the dividend, then if got capital gains, can sell off for gains on both ends.
For buyers, the strategy would be to consider buying into a XD stock because usually the stock price will fall by the same amount as the dividend to reflect the loss of dividends. Hence if prices fall further than the dividend, it could be a buy opportunity.
The market is very strong today. How so? Cos I have 2 counters that are XD today. Prices fell less than the dividend amount and even rose back to yesterday high and even exceed yesterday's prices. This reflects strong buy-in by other investors. They are bullish about the market. I am now going contary to them, I am selling off to get the gains. Also earning the dividends. Tom I consider selling off one more counter.
My Profit Maximizing Strategy
Since I have sold off all the shares in one of my counters as mentioned in previous post and had wanted to re-invest it into another counter but failed to do so.
I have looked through my remaining counters to think of a way to maximize my profits to try to hit the $20k target in one swoop or in this 2nd wave of selling off. Its really like thinking strategically, resource (capital) allocation for hopefully the best results.
I was busy calculating, setting selling points for all the counters, and cos the lots are more pricey, or that the market shot up within 2 days, hadnt bought back what I've sold yet at lower prices, so cannot enjoy the VOLUME EFFECT when prices are much higher. Hence I've mentioned earlier, earn a few thousand can, earn $10k not possible.
Hence I decided to strategize a bit. This is my current strategy after seriously thinking through, looking through my SG cash portfolio.
In my portfolio, there is a penny stock. But its still trading below its NAV, hence deemed it a safe counter. Its a HK company, assumed cos its incorporated using HK dollars, in Bermudas... Hmm a bit dubious. But its producing quick freeze food products in China and retailing it mainly in the China market. I noticed this stock after my dad invested in it 'for fun' and started monitoring its price ranges. Its seriously a penny stock, aka current prices $0.20, ie 1000 share is $200. I have just started buying in when prices dipped below my target price. Who knows, then this 2 days prices shot up a bit. But still within my target price range.
Using my trusty calculator, I will re-invest the proceeds from the sale proceeds, at a slightly higher price in Order 1, then set up another 2 trade orders, 2 and 3, at slightly lower prices to 1, to buy more lots and lower the average break-even price. I have already keyed in 3 orders which will activate tom when the market opens. I am commiting quite a bit of capital, but still its working capital, not touching reserve yet.
The plan is this, after all the 3 trades go through, I can really have one counter with serious Volume effect. Hence when prices of this share move up only several cents, I would start selling off in 4 batches. Eg sell off after share prices move up 6 cents, hence $60 per share. Sell 15 lots => 15 x $60 = $900.
Then I did the same calculations with other shares, setting up new Selling Points 1, 2 and 3 if I have more lots. Those with less, at most 1 selling point. Something like that. Refining earlier selling points. Then I just did a rough calculation using the selling points and break-even prices of my 'supposed portfolio' of shares (cos I really need to get that penny stock in large quantities) then if all sold off at all the designated selling points, may hit $10k if all sold. Its is NOT possible WITHOUT this penny stock. It wont hit those regions in the near term.
All the moves are now in place. I await the next move tomorrow when the market opens. Hopefully not much negativity to dampen the market UNTIL I have finished this game plan but one never really knows.
(In case you are wondering whether I am taking a risk. Yes I am. Its investing quite a sum in a single counter, plus not to mention, has links to China. But I am willing to take a calculated risk - researched company, looked at results a bit, looked at physical assets, looked at price movement, plus already below NAV, I feel I have done some due dilligence. What could happen? If things dont go my way, a big part of my working capital would be locked up until I can escape later by waiting for prices to rise. Hopefully no bankruptcy but my capital is 'protected' by being covered by NAV, theoretically. Also if things get locked up, then I still have reserve capital to work with, though its lower than having both working and reserve together)
I have looked through my remaining counters to think of a way to maximize my profits to try to hit the $20k target in one swoop or in this 2nd wave of selling off. Its really like thinking strategically, resource (capital) allocation for hopefully the best results.
I was busy calculating, setting selling points for all the counters, and cos the lots are more pricey, or that the market shot up within 2 days, hadnt bought back what I've sold yet at lower prices, so cannot enjoy the VOLUME EFFECT when prices are much higher. Hence I've mentioned earlier, earn a few thousand can, earn $10k not possible.
Hence I decided to strategize a bit. This is my current strategy after seriously thinking through, looking through my SG cash portfolio.
In my portfolio, there is a penny stock. But its still trading below its NAV, hence deemed it a safe counter. Its a HK company, assumed cos its incorporated using HK dollars, in Bermudas... Hmm a bit dubious. But its producing quick freeze food products in China and retailing it mainly in the China market. I noticed this stock after my dad invested in it 'for fun' and started monitoring its price ranges. Its seriously a penny stock, aka current prices $0.20, ie 1000 share is $200. I have just started buying in when prices dipped below my target price. Who knows, then this 2 days prices shot up a bit. But still within my target price range.
Using my trusty calculator, I will re-invest the proceeds from the sale proceeds, at a slightly higher price in Order 1, then set up another 2 trade orders, 2 and 3, at slightly lower prices to 1, to buy more lots and lower the average break-even price. I have already keyed in 3 orders which will activate tom when the market opens. I am commiting quite a bit of capital, but still its working capital, not touching reserve yet.
The plan is this, after all the 3 trades go through, I can really have one counter with serious Volume effect. Hence when prices of this share move up only several cents, I would start selling off in 4 batches. Eg sell off after share prices move up 6 cents, hence $60 per share. Sell 15 lots => 15 x $60 = $900.
Then I did the same calculations with other shares, setting up new Selling Points 1, 2 and 3 if I have more lots. Those with less, at most 1 selling point. Something like that. Refining earlier selling points. Then I just did a rough calculation using the selling points and break-even prices of my 'supposed portfolio' of shares (cos I really need to get that penny stock in large quantities) then if all sold off at all the designated selling points, may hit $10k if all sold. Its is NOT possible WITHOUT this penny stock. It wont hit those regions in the near term.
All the moves are now in place. I await the next move tomorrow when the market opens. Hopefully not much negativity to dampen the market UNTIL I have finished this game plan but one never really knows.
(In case you are wondering whether I am taking a risk. Yes I am. Its investing quite a sum in a single counter, plus not to mention, has links to China. But I am willing to take a calculated risk - researched company, looked at results a bit, looked at physical assets, looked at price movement, plus already below NAV, I feel I have done some due dilligence. What could happen? If things dont go my way, a big part of my working capital would be locked up until I can escape later by waiting for prices to rise. Hopefully no bankruptcy but my capital is 'protected' by being covered by NAV, theoretically. Also if things get locked up, then I still have reserve capital to work with, though its lower than having both working and reserve together)
Monday, May 04, 2009
Another Mistake - aka the 'after I sell, then rise alot'
Guess this is a pretty common mistake.
I've made quite a few so far. Today was no exception.
Looking through my remaining shares in the portfolio, I saw one that was unmoving for quite a long time. It has slight gains, 10+%. I decided to sell it off, to release up the capital to buy into another share counter to achieve volume effect.
Problem, I sold that in the late morning, later throughout the day, the price of that counter rose. I could have made $250 more... Sianz. That was cos I had to go to work earlier than usual hence I decided to sell off first at current prices, against my norm of setting a target order instead. Then for the buy-in to the other share counter, I didnt do an immediate buy at the current prices but left a target order instead.
Guessed what happened by the end of trading?
Prices of first counter that I sold rose a bit, $250 extra fly fly away. PLUS other counter I wanted to buy-in, prices also rose, so my orders to buy-in didnt get transacted cos they were at slightly lower prices. SIAN!!!
Now I saw my portfolio and some of the BIG gains just today alone. I am tempted to see off to lock in profits BUT I was calculating, even if I see off all the shares in my SG portfolio at current higher prices, I cannot hit my 30k target. In fact, nowhere near $20k.... Gains is several thousand dollars possibly BUT not reaching ten thousand dollars this round.
Hmm... Now I am trying to think of some sell strategies and targets that would maximize my gains, and also maximize the possible returns so that I can achieve this target.
__________________________________________
Hmm... but still so tired from work. Worked later today than usual. Crappy shit day. Also on my way to work, I tried thinking positively using shares. A relook of the perspective on work gave me 2 insights.
- First, if I slack and perform crap at work but didnt get fired, I can still earn monthly pay with 13th month, but without performance bonus which is max to 2.5months. Effectively can get 13.5 months of salary on a medoicre level or maybe to put it more realistically, at a I-dont-need-to-kill-myself level.
- Second, if I can get $30k by end of this year, it means I CAN be unemployed for about a year cos I ALREADY 'earned' almost my basic pay for this whole year.
What does these 2 insights lead me to? Would I defer my intended rest? Chances are no, I would push forward in the stock market part instead and dont kill myself at work. But the reality of being more slack or bo chap is that there is a point, where things cannot be bo chap. Just my high morales keeping me back... I need to reprogram that part asap to change this flaw.
I've made quite a few so far. Today was no exception.
Looking through my remaining shares in the portfolio, I saw one that was unmoving for quite a long time. It has slight gains, 10+%. I decided to sell it off, to release up the capital to buy into another share counter to achieve volume effect.
Problem, I sold that in the late morning, later throughout the day, the price of that counter rose. I could have made $250 more... Sianz. That was cos I had to go to work earlier than usual hence I decided to sell off first at current prices, against my norm of setting a target order instead. Then for the buy-in to the other share counter, I didnt do an immediate buy at the current prices but left a target order instead.
Guessed what happened by the end of trading?
Prices of first counter that I sold rose a bit, $250 extra fly fly away. PLUS other counter I wanted to buy-in, prices also rose, so my orders to buy-in didnt get transacted cos they were at slightly lower prices. SIAN!!!
Now I saw my portfolio and some of the BIG gains just today alone. I am tempted to see off to lock in profits BUT I was calculating, even if I see off all the shares in my SG portfolio at current higher prices, I cannot hit my 30k target. In fact, nowhere near $20k.... Gains is several thousand dollars possibly BUT not reaching ten thousand dollars this round.
Hmm... Now I am trying to think of some sell strategies and targets that would maximize my gains, and also maximize the possible returns so that I can achieve this target.
__________________________________________
Hmm... but still so tired from work. Worked later today than usual. Crappy shit day. Also on my way to work, I tried thinking positively using shares. A relook of the perspective on work gave me 2 insights.
- First, if I slack and perform crap at work but didnt get fired, I can still earn monthly pay with 13th month, but without performance bonus which is max to 2.5months. Effectively can get 13.5 months of salary on a medoicre level or maybe to put it more realistically, at a I-dont-need-to-kill-myself level.
- Second, if I can get $30k by end of this year, it means I CAN be unemployed for about a year cos I ALREADY 'earned' almost my basic pay for this whole year.
What does these 2 insights lead me to? Would I defer my intended rest? Chances are no, I would push forward in the stock market part instead and dont kill myself at work. But the reality of being more slack or bo chap is that there is a point, where things cannot be bo chap. Just my high morales keeping me back... I need to reprogram that part asap to change this flaw.
Sunday, May 03, 2009
Crap... more pigging out again... Argh
The pigging out stopped briefly on Friday where I ate just home cooked meals.
On Sat, it came back with a vengence. I felt hungry, headed out to buy a drink and 4D, ended up renting comics and dabao Char Quay Tiao. Was feeling hungry and called sister who was also hungry at home. Hence dabao 2 packs home. Ate a big pack of Char Quay Tiao with water chest nut water.
That was yesterday. Today, I went next door to dabao Egg and Plain prata for breakfast cos woken up early by loud noises from Block Party. Ate 2 and then slept again. Woke up, ate 1/2 plain and stoned around. The weather was punishing and boredom crept up to me. I ended up reading rented comics, starting to play Patapon 2, which I left off 2 weeks ago to study for Jap test. Think I played until very siong. Got a call from sister who was out. She asked if I was hungry and asked if I wanted to dabao food. Given the other food choices from the hawker centre, I asked for Water chestnut drink and Char Quay Tiao again. So both of us ended up eating and drinking exactly what we had yesterday.
So after 2 packs of Char Quay Tiao, my 'fat meter' sounded an alarm. I resolved myself to go for another session of swimming, making that the 3rd session in this week. I had intended to swim 16 laps but dunno why, feel a bit weak, so ended up with 12 laps. I better control this PIGGING OUT... swimming 3rd session in a week is kinda tiring. I better re-think eating so much if the trade-off is to add 1-2 more swim sessions.
My body must be rebelling from the 'mostly' healthy diet that I kept to since I've started the food diary. The most I had was 1-2 fast food meals, the rest are either home cooked meals, Zha Fan, or occasionally malay Zha Fan. Suddenly the taste buds decided to take over, eating things like Fried food, fried chicken, fried fish, fried quay tiao, fried hokkien mee etc etc. The good thing about this is that I've passed by the hawker centre this evening and didnt feel like eating anything from there. That may be good news. Think I'll be eating plainer stuff like porridge and rice for the next few days.
Though I did ate 2 small bowls of plain fried rice, with bean sprout and ketchup.
On Sat, it came back with a vengence. I felt hungry, headed out to buy a drink and 4D, ended up renting comics and dabao Char Quay Tiao. Was feeling hungry and called sister who was also hungry at home. Hence dabao 2 packs home. Ate a big pack of Char Quay Tiao with water chest nut water.
That was yesterday. Today, I went next door to dabao Egg and Plain prata for breakfast cos woken up early by loud noises from Block Party. Ate 2 and then slept again. Woke up, ate 1/2 plain and stoned around. The weather was punishing and boredom crept up to me. I ended up reading rented comics, starting to play Patapon 2, which I left off 2 weeks ago to study for Jap test. Think I played until very siong. Got a call from sister who was out. She asked if I was hungry and asked if I wanted to dabao food. Given the other food choices from the hawker centre, I asked for Water chestnut drink and Char Quay Tiao again. So both of us ended up eating and drinking exactly what we had yesterday.
So after 2 packs of Char Quay Tiao, my 'fat meter' sounded an alarm. I resolved myself to go for another session of swimming, making that the 3rd session in this week. I had intended to swim 16 laps but dunno why, feel a bit weak, so ended up with 12 laps. I better control this PIGGING OUT... swimming 3rd session in a week is kinda tiring. I better re-think eating so much if the trade-off is to add 1-2 more swim sessions.
My body must be rebelling from the 'mostly' healthy diet that I kept to since I've started the food diary. The most I had was 1-2 fast food meals, the rest are either home cooked meals, Zha Fan, or occasionally malay Zha Fan. Suddenly the taste buds decided to take over, eating things like Fried food, fried chicken, fried fish, fried quay tiao, fried hokkien mee etc etc. The good thing about this is that I've passed by the hawker centre this evening and didnt feel like eating anything from there. That may be good news. Think I'll be eating plainer stuff like porridge and rice for the next few days.
Though I did ate 2 small bowls of plain fried rice, with bean sprout and ketchup.
Saturday, May 02, 2009
The Moment of Truth - the weigh-in
Yes, finally sat morning arrived and I still woke up at ungodly hours eg 8am. Nevermind, did the usual morning routines and drank some water. Then walked up to the weighing scale.
The final reading after 5 days of pigging out at dinner, with 2 swim sessions only.
66.1kg!!!!
Yay! That means I can rest at home today, then Sunday evening go for 3rd swim session instead of doing it today and tomorrow. Muscles aching a bit from yesterday's 16 laps. Exclude those funny free-style tries.
Hmm wish weight would stablize soon at 65kg area so that stomach can be flatter. Next week would mark 13th week of food diary - make better food choices, and 9 weeks of swimming.
The final reading after 5 days of pigging out at dinner, with 2 swim sessions only.
66.1kg!!!!
Yay! That means I can rest at home today, then Sunday evening go for 3rd swim session instead of doing it today and tomorrow. Muscles aching a bit from yesterday's 16 laps. Exclude those funny free-style tries.
Hmm wish weight would stablize soon at 65kg area so that stomach can be flatter. Next week would mark 13th week of food diary - make better food choices, and 9 weeks of swimming.
Spent Labour Day sleeping
Its past midnight now. I left off the previous blog entry to go for 2nd swimming session this week.
Man, this week I really let myself go. PIGGING OUT for 4 days in a row, during dinner or should I say 5.
Sun dinner - Carl's Jr Burger Meal
Mon dinner - Mutton soup with rice, a plate of Or Jian (fried oyster with egg), plus 2 Bao Bin cos I dabaoed those home.
Tue dinner - A whole spring chicken, plus half bowl rice, coleslaw
Wed dinner - chicken rice with veg dinner, then a pack of hor fan plus half pack of hokkien mee.
Thur dinner - fish and co, 1/2 of sea food platter for one, a Salmon ginza, sautee vegetables, 1 fishy maria, 1 deep sea.
Tell ya, its the stress and sianness from work that caused me to want to eat unhealty stuff. Though I must admit I did enjoy Thur dinner alot with Candle and FH due to the drinks, plus the music was good too.
Today I stoppped pigging... Signz I dare not go up on the weighing scales yet.
Decided to save the situation by heading to swim today with sisters. Swam 16 laps instead of usual 12 laps. Then I tried my drowning, water drinking 'Free style'. My sister has been tryin to teach me for 2 sessions now. Still kinda hopeless. Then I hope to go swimming again, try Sat AND Sun too. Desperate Pigging out requires Desperate weight loss measures. But most likely in the evening to avoid whole pool of little kids. Plus its a welcomed relief from this hot and humid weather.
Before heading out to swim though, I was trying very hard to sleep. Woke up around 8am, went back to sleep. Woke up around 10am, went back to sleep. Woke up around 1pm, ate lunch. After reading more of TA, felt tired, fell asleep again. Woke up 4pm. Ate sardine sandwiches, stoned, went online to blog, update share prices, then finally it was near 7pm, headed out to swim.
I was telling my sister "I am trying so hard to sleep, sleep so many times, and its still only 4pm!" But finally today has ended. Now I am so awake. Am perspiring just being infront of the laptop. Hope to get more sleep. I have 2 stacks of work left at the corner. Hope I have enough resolve to do it gradually... Signz. Hope my 'soldiers' work more dilligently for their master so that she can really rest more and dont have panda eyes.
Man, this week I really let myself go. PIGGING OUT for 4 days in a row, during dinner or should I say 5.
Sun dinner - Carl's Jr Burger Meal
Mon dinner - Mutton soup with rice, a plate of Or Jian (fried oyster with egg), plus 2 Bao Bin cos I dabaoed those home.
Tue dinner - A whole spring chicken, plus half bowl rice, coleslaw
Wed dinner - chicken rice with veg dinner, then a pack of hor fan plus half pack of hokkien mee.
Thur dinner - fish and co, 1/2 of sea food platter for one, a Salmon ginza, sautee vegetables, 1 fishy maria, 1 deep sea.
Tell ya, its the stress and sianness from work that caused me to want to eat unhealty stuff. Though I must admit I did enjoy Thur dinner alot with Candle and FH due to the drinks, plus the music was good too.
Today I stoppped pigging... Signz I dare not go up on the weighing scales yet.
Decided to save the situation by heading to swim today with sisters. Swam 16 laps instead of usual 12 laps. Then I tried my drowning, water drinking 'Free style'. My sister has been tryin to teach me for 2 sessions now. Still kinda hopeless. Then I hope to go swimming again, try Sat AND Sun too. Desperate Pigging out requires Desperate weight loss measures. But most likely in the evening to avoid whole pool of little kids. Plus its a welcomed relief from this hot and humid weather.
Before heading out to swim though, I was trying very hard to sleep. Woke up around 8am, went back to sleep. Woke up around 10am, went back to sleep. Woke up around 1pm, ate lunch. After reading more of TA, felt tired, fell asleep again. Woke up 4pm. Ate sardine sandwiches, stoned, went online to blog, update share prices, then finally it was near 7pm, headed out to swim.
I was telling my sister "I am trying so hard to sleep, sleep so many times, and its still only 4pm!" But finally today has ended. Now I am so awake. Am perspiring just being infront of the laptop. Hope to get more sleep. I have 2 stacks of work left at the corner. Hope I have enough resolve to do it gradually... Signz. Hope my 'soldiers' work more dilligently for their master so that she can really rest more and dont have panda eyes.
Friday, May 01, 2009
Hesisitation vs Resolved
One moment I was hesistating, the next I am resolved.
Why?
Cos the crap that I've gone through this week, seriously made me reconsider the deferrment part. If I go on like this, can literally 'die'. Not only unrealistic deadline, low sentiments and tonnes of crap. Why those work places I am at are so crappy. Plus I am not the only one feeling this way about it. So that alone validates this. Its not just ME and my negativity.
Seriously what do I have to lose? Except an income stream.
True enough I have only made gains in the stock market that only matches 20% of my last year's income. I personally think this is not a bad result so far. Plus I only put in a fraction of the time I used at work.
As I was talking to Candle yesterday, I treat the money used as 'employees' or 'soldier' pieces. Its me versus the rest. Its my decisions, perceptions, judgement that determines the outcome. I am empowered in this sense. I dont have to listen to crap from others, do stupid stuff just because they say so, though I do listen to my dad when he mentions about his reading of the charts. Though at times, I ignore too, esp when he mentions cash is king but then I was already invested.
Think dont lose too much for a break. At least I can spend time at home with aged parents, keep them company for a period of time. Rediscover oneself, rekindle the spirit. Then at most if later on rejoin if possible, depending on whether I am ready to face this crap again.
For the earning of alternative income, there is still 8 months to go before book closure. I am making some in-roads to the initial self study of Technical analysis, finished the Charting techniques and now into the Wave theory. I am beginning to use the Moving Average to look out for buy or sell opportunities. Also my monitoring of prices still continue.
Surprisingly this 'correction' that was had most counters having 1/3 retracement, went up over Wed and Thur. Didnt have enough time to buy-in more. I was just getting started with buying-in. Only made 2 buys in 2 counters. Still the number of shares I've bought cannot enjoy the Volume effect cos I was waiting for a 2nd buy-in timing. Nevermind, now prices rising, see if can sell off soon.
But over this long weekend, just heard of Chrysler's bankruptcy. That might send jolts over investor's confidence. Prices may fall - depending on how much, maybe a buy-in opportunity, if prices continue to rise, look out for selling opportunities as long as reach target prices.
________________________________________
On the other hand, I find, I need to set aside part of the Investment cash capital for a Cash Long Term Portfolio. Currently its purely counters in the CPF fund. Think for the current portfolio of shares, there are some undervalued blue chips that would do well if I can have some and keep for Longer Term. Eg Capital Land was $7.06 on 5th May 2008. Now it was $2.43 just two days ago. It closed on Thur at $2.76. Think its good to buy in cheap and then keep for longer term. If it can hit $6, earn $$3240.
The underlying consideration is that WHAT IF it takes 3 years to reach those levels. So gains of $3240/3 = $1080 per year. Too little. Maybe can make more with trading it in the cycles and having more capital, can employ the Volume effect to achieve greater gains. I made about $4k selling off my CapLand shares in the previous uptrend. That was with volume effect. Signz didnt buy enough this time. Hoping for a pull-back to buy-in. Things are dynamic.
*Disclaimer
I am NOT telling anyone to buy Capital Land, I am just using it as an example cos its one of the counters in my cash portfolio. PLUS past performance CANNOT GURANTEE future returns. Take my example with a big pinch of salt.
Why?
Cos the crap that I've gone through this week, seriously made me reconsider the deferrment part. If I go on like this, can literally 'die'. Not only unrealistic deadline, low sentiments and tonnes of crap. Why those work places I am at are so crappy. Plus I am not the only one feeling this way about it. So that alone validates this. Its not just ME and my negativity.
Seriously what do I have to lose? Except an income stream.
True enough I have only made gains in the stock market that only matches 20% of my last year's income. I personally think this is not a bad result so far. Plus I only put in a fraction of the time I used at work.
As I was talking to Candle yesterday, I treat the money used as 'employees' or 'soldier' pieces. Its me versus the rest. Its my decisions, perceptions, judgement that determines the outcome. I am empowered in this sense. I dont have to listen to crap from others, do stupid stuff just because they say so, though I do listen to my dad when he mentions about his reading of the charts. Though at times, I ignore too, esp when he mentions cash is king but then I was already invested.
Think dont lose too much for a break. At least I can spend time at home with aged parents, keep them company for a period of time. Rediscover oneself, rekindle the spirit. Then at most if later on rejoin if possible, depending on whether I am ready to face this crap again.
For the earning of alternative income, there is still 8 months to go before book closure. I am making some in-roads to the initial self study of Technical analysis, finished the Charting techniques and now into the Wave theory. I am beginning to use the Moving Average to look out for buy or sell opportunities. Also my monitoring of prices still continue.
Surprisingly this 'correction' that was had most counters having 1/3 retracement, went up over Wed and Thur. Didnt have enough time to buy-in more. I was just getting started with buying-in. Only made 2 buys in 2 counters. Still the number of shares I've bought cannot enjoy the Volume effect cos I was waiting for a 2nd buy-in timing. Nevermind, now prices rising, see if can sell off soon.
But over this long weekend, just heard of Chrysler's bankruptcy. That might send jolts over investor's confidence. Prices may fall - depending on how much, maybe a buy-in opportunity, if prices continue to rise, look out for selling opportunities as long as reach target prices.
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On the other hand, I find, I need to set aside part of the Investment cash capital for a Cash Long Term Portfolio. Currently its purely counters in the CPF fund. Think for the current portfolio of shares, there are some undervalued blue chips that would do well if I can have some and keep for Longer Term. Eg Capital Land was $7.06 on 5th May 2008. Now it was $2.43 just two days ago. It closed on Thur at $2.76. Think its good to buy in cheap and then keep for longer term. If it can hit $6, earn $$3240.
The underlying consideration is that WHAT IF it takes 3 years to reach those levels. So gains of $3240/3 = $1080 per year. Too little. Maybe can make more with trading it in the cycles and having more capital, can employ the Volume effect to achieve greater gains. I made about $4k selling off my CapLand shares in the previous uptrend. That was with volume effect. Signz didnt buy enough this time. Hoping for a pull-back to buy-in. Things are dynamic.
*Disclaimer
I am NOT telling anyone to buy Capital Land, I am just using it as an example cos its one of the counters in my cash portfolio. PLUS past performance CANNOT GURANTEE future returns. Take my example with a big pinch of salt.
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