Friday, January 30, 2009

How much are you willing to sell your time?

Oh!.

Chinese New Year is over..

its quite early, and ended quite fast too.. at least for me.ha

Lets celebrate again next year..

2009.
Jan will soon be over.

Actually quite recently, i received an email from adam khoo.( just subscribe to his blog and u will receive it)..

He talked abt..

How much are we willing our time for?. 5 years , 10 years , 20 years of our time?..
If you sell 10 years of ur time, ur age will fast forward to 10 yrs later ( 20 yr old-> 30 yr old)
So how much are you selling for?..
P.S. You have to sell..no matter wat. You have to give a price. You cant say priceless.HAHA

For his e.g., he say his friend is selling 10 yrs of his life for 10 million, so by doing calculations, its $114/hr , $1.90/min. Yea. If we really give such a great value for our time, are we doing things tat are worth that much?.. yea. thats a good qn to ponder over yeaa..haa

There are still ard 6-7 months b4 i start sch.
Quite a long time for me to accomplish some things.
I know what's there for me to achieve already..
And I will make sure I achieve it b4 School opens:D

For 2 months, I get to know the game of Forex( foreign exchange ). Its a game, but not exactly a game. It depends how u see it. If you know how to play this game, you will win handsomely. If you lose, it will be game over. And it is really GAME OVER!.

By saying this, people think its very risky. Some say its just like gambling. People who dun understand, of cos say its gambling!:D. Risk? It's contextual.

Everywhere you go, there's risk.
Doctor will tell you, probably of u getting stroke, is the same as probabilty of u getting knocked down by car on the road. So when you get a stroke, you cant blame the doctor!!. Because..he has told u the probabilty, and the risk already!. tats what happen to my grandma.

anyway, risk is defined as not knowing what you are doing.

Eating Fishball for you is risky?. LOL. Not for you. But for a 3 month-old baby w/o teeth, it is.
Swimming is risky?. LOL. Not for a lifeguard. But for someone who cant swim, it is
Driving is risky?. LOL. Not for someone who is a seasoned driver. Buf if he is drunk, it is. Because..
He doesn't know what he is doing!!.
So u can see what is the true meaning of risk?

We always watch tv, say people who play stocks, got their hands 'burnt'. So stocks are risky.
Have u guys wonder who these ppl are? Its the same as the buyers of Lehmann Brothers MiniBonds. I really pity those ppl. It's not tat they want to buy, they r being convinced by the bank relationship managers to buy those. How on earth can those aunties uncles read and understand and sign those contracts?

I have seen how ppl went thru terms n conditions with customers. You will always be presented with a few pages of Terms and Conditions. Then, the customer service guy, will Circle out the so called 'IMPORTANT' terms which u need to take note. Sounds famaliar?
Then, if u dun understand, they will explain to you the so-called 'IMPORTANT' ones.
Then, they will cross the underlined part, for ur signature, n say if u have no problems, u can sign. SO FAMiliar yea?

I get this before. I wanted to read n understand it myself. But he told me others not so impt, so he will ask me to take note some of the 'more-impt' ones. The 'more impt' ones are '' You must be 18 years old.' , ' You must declare that you only provide the truth..' .

When i read it again myself, there are alot of things he dint cover. They are the ' refund policy..' ' company not held accountable if wat wat wat..'' '' company not responsible if wat wat wat happends..'' They dint explain this. So arent they important?. LOL.
Thats wat happend to the aunties uncles who bought Minibonds. Contract stated there may be risk of not getting capital back. But you think the bank managers will say it?. LOL. they will just explain the high interest returns, building dreams for uncles aunties. Because, if they explain money may be gone, aunties n uncles will be FRIGHTENED!, so they wont buy the bonds!, and so...
no commission for the relationship managers!.
anyway, this is a sale tactic.:D

Sry for digressing.haha.

Forex can be risky, and can be not too. Its all about how to minimize risk. Its not gambling. For gambling, you cant minimize its risk. can you?. In gambling, the chances of winning is 50-50. However, in forex trading, its on finding high-probablity events. When probabilities of winning is high, the risk is greatly reduced, and sometimes, there may not be risk too. Gambling!. When people thought there are high-probablity events, and when they think of 'sure-win', sometimes, they lose all. Soccer gambling. Some may say..'' man u vs 'some stupid club' ''.. ppl bet 'SHOW HAND' man u will win. sometimes it draws, or even lose.

However, markets moves based on mass psychology. the saying goes ' the trend is your friend'. If u follow him, you benefit. Dont follow is ok, but dont go against it. haha.

Forex is not for everybody. It's not for you, if you r one who cant accept failures, You are one who must WIN all the time, You are one who cries when u score 7 'A' out of 8 subjects in A lvls, cos u miss out 1 A, You are one who gets everything you want, You are one who never let go, AND, you are one who always hope.
Rationale behind it is simple.

Dont believe?. Haha, you can ask any of ur friends, who fits the above criteria, and try trading. Any trading will do, options, forex, stocks, futures..anything. you will see:D

Alright. Talk soon!

Saturday, January 03, 2009

Happy New Year! 2009

Hi guys

First and Foremost, a Happy New Year to Everyone Out there:D

its a brand new year again.2009

looking back, i started my NS in 2007, finished in 2008 nov. I have completed an obstacle which every guy has to go through in S'pore.

2008, even though there are successful things, happy moments, but overall, I still rate it a BAD year for me. For just 1 reason.

I lost my dearest grandma.

No matter how much I achieved this year, no matter how many happy moments i had this year,
the saddest moment which i wouldnt have wanted to happen, happened.

This year chinese new year, I would be missing out alot of things. Its not the money and red packets.Its the enjoyment of helping ahma to tidy her hse, putting decorations, filling up fridge with drinks, helping her carrying mandrin oranges from market, putting biscuits and sweets on tables. I will also miss out the smiles on her face, when all her sons(my uncles) gather at hse, with grandsons playing and running ard the hse, making her hse very lively. I will miss out the time she join us playing 'blackjack' and shouting together, laughing together. The chinese new year meals, with the tradition of eating the 'new yr fishes' that she will cook every chinese new yr and to serve relatives who come over..

All these will go into memory, and i am very sure nothing of this will happen in my life again, not again till im a father.

Alright,

I have also finished my NS, and have also reached my target of MCs. I can say for my police NS, i dint not learn any leadership, planning, or wat not from it. All i can say, there is nothing to learn.LOL. And all I learn is about working as a team, helping each other out, instead of back-stabbing. Other than that, nothing much. Hence sometimes u can see, esp regulars who work for long, they cant blend into the society, with others, most of their working styles are different from outside.

When i know abt this, i decided to spend my Time in more Productive stuffs. Stuffs which will be useful in my life, which is more beneficial to me than to keep on wasting time. I started reading, which i have not done in almost the past 18 yrs, and I FINISHED my 1st ever Book!.HAHA.

I have also met alot of different people, from differnt background, n also people with like-minded minds. Its sometimes a different experience talking to these people, and its not easy to talk to them too, as although same age, they know more things than us. This brings me to the mind of our current 'undergraduates to be' . Anyway, in my last post, I talked abt a friend of mine, who doesnt know and doesnt care abt current issues, current situations in the world, and just thinks with a University Cert, he can be at the top. This, i can say, applies to most undergraduates, who only think of hostels, night suppers with friends, skipping lectures, gossiping about lecturers, partying.... anyways, refer to my previous post ba:D

Alright, I might post my plans for 2009 in my next post:D

Good luck to everyone out there.
Make 2009 an unforgettable year:D

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