Many friends have asked me many many questions over the last year,
"How much do you know about a particular firm/share? (e.g IBM)
How much do you know about Emerging Markets? (e.g. Brazil)
How much do you know about ETF? (e.g. ETFS Crude Oil)
How much do you know about Money Supply? (e.g. M1)
How much do you know about Chart Analysis? (e.g Elliott Wave)"
How much.........................
I've Kindly Reminded them,
"I'm NOT here to win the Next Noble Prize for Economics;
I'm NOT here to be the Next Financial Secretary;
I'm NOT here to become the Next Federal Reserve Chairperson.
I'm ONLY here to ensure I am NOT losing my Capital.
To be a Millionaire, you do NOT know to know Everything AND Everything in Fine
Details."
Even those appearing to know a lot about Economics are now Struggling.
Just look at the WWIII at the moment - there is NO Ending in sight.
The Pain Fact is,
Knowing the Problems does NOT mean they could SOLVE the Problems.
How much do I need to know?
Avoid Information Rich, Knowledge Poor, Decision Bad!
I only know the Basics and this is good enough for me.
I know I never have a chance to be a Billionaire!!
And the Basics are?
The Human Nature.
Look at the Mirror.
Then look at people around you.
Forget the Basics?
Then, Forget it.
Fate
Understanding Oneself, Understanding Others, then Understanding Everything
Friday, February 27, 2009
Monday, February 23, 2009
The Worrying Signs
There are More and More Worrying Signs coming from the Current WWIII.
Other than More Firms gone Bankrupt, More People gone Unemployed, More Countries gone Downhill etc., there are More Signs of "Nationalism".
Obama's Billion Stimulus Plan was stuck at one point mainly due to his reluctance in accepting two words, "Buy America", being added by the Congress.
But in the end, he had NO choice but to include the words.
Politicians in every country are now under extreme pressure to protect "National Interests".
A few days ago, I saw a TV news (www.sbs.com.au) reporting there has been a Surge in attacks against Ethnic Minorities in Russia.
In Rusia, there is a Gang with about 5,000 members, all being urged to carry a knife, being taught how to fight etc., to protect their country by beating up Ethnic Minorities as the Unemployment hitting 7.7% high!
The Greatest Mess originated from the Greatest Economy has now gradually moving towards the the Greatest Depression - which at the same time, could also be creating the Greatest Social Instability.
And Ethnic Minorities could once again be the Greatest Victims.
Be well prepared.
Fate
Failing to Plan is Planning to Fail
Other than More Firms gone Bankrupt, More People gone Unemployed, More Countries gone Downhill etc., there are More Signs of "Nationalism".
Obama's Billion Stimulus Plan was stuck at one point mainly due to his reluctance in accepting two words, "Buy America", being added by the Congress.
But in the end, he had NO choice but to include the words.
Politicians in every country are now under extreme pressure to protect "National Interests".
A few days ago, I saw a TV news (www.sbs.com.au) reporting there has been a Surge in attacks against Ethnic Minorities in Russia.
In Rusia, there is a Gang with about 5,000 members, all being urged to carry a knife, being taught how to fight etc., to protect their country by beating up Ethnic Minorities as the Unemployment hitting 7.7% high!
The Greatest Mess originated from the Greatest Economy has now gradually moving towards the the Greatest Depression - which at the same time, could also be creating the Greatest Social Instability.
And Ethnic Minorities could once again be the Greatest Victims.
Be well prepared.
Fate
Failing to Plan is Planning to Fail
Thursday, February 19, 2009
Learning Opportunity
The Current WWIII has defintiely taught all of us a Good Lesson.
And I have also been using the Opportunity to teach my boys a few things.
First, Numbers.
An example :
From 0... to 4,000,000,000,000!
From US's Zero Interest Rate to China's 4 Trillion Stimulus Package!
Second, Geography.
Examples :
USA - in North America,the World' Largest Economy and where the Current WWIII started.
Iceland - in Scandania and a Country has gone from "Heaven" to "Hell"
Europe - with Germany as the 3rd Largest Economy and where the Recession also hitting hard,
China - in Asia, the Most Popoluated Country and a Country which Australia think could rely on to weather the current tough times.
Third, Exchange Rates.
They both now figure out they are better off working in UK when they get older, as the Sterling Pounds can buy More other currencies, so that if one day they return HK, NZ or OZ etc. after working over there, they could be Richer Instantly due to the Exchange Rate Favour!
Children, we as adults can learn so much from them.
For being Happy.
A 3-year-old child laughs 300 times a day, whereas a 30-year-old adult laughs less than 30 times!
For being Energetic.
A 4-year-old could run up & down for 3 hours, whereas a 40-year-old adult could only sit in a sofa for 3 hours!
For being Positive.
A 5-year-old could tell us Happily what they want to be, whereas a 50-yeat-old adult would concentrate on what they do NOT want!
Some of us may have spend great time in monitoring the markets.
But have we spent enough time on our children?
Have I not stated the Best Investment is on "People"?
One of these "People" is Our Children.
From them, we get the Biggest Return - the Biggest Happiness.
Fate
Our Children Bring Us to This World............to be their Guiding Angel
And I have also been using the Opportunity to teach my boys a few things.
First, Numbers.
An example :
From 0... to 4,000,000,000,000!
From US's Zero Interest Rate to China's 4 Trillion Stimulus Package!
Second, Geography.
Examples :
USA - in North America,the World' Largest Economy and where the Current WWIII started.
Iceland - in Scandania and a Country has gone from "Heaven" to "Hell"
Europe - with Germany as the 3rd Largest Economy and where the Recession also hitting hard,
China - in Asia, the Most Popoluated Country and a Country which Australia think could rely on to weather the current tough times.
Third, Exchange Rates.
They both now figure out they are better off working in UK when they get older, as the Sterling Pounds can buy More other currencies, so that if one day they return HK, NZ or OZ etc. after working over there, they could be Richer Instantly due to the Exchange Rate Favour!
Children, we as adults can learn so much from them.
For being Happy.
A 3-year-old child laughs 300 times a day, whereas a 30-year-old adult laughs less than 30 times!
For being Energetic.
A 4-year-old could run up & down for 3 hours, whereas a 40-year-old adult could only sit in a sofa for 3 hours!
For being Positive.
A 5-year-old could tell us Happily what they want to be, whereas a 50-yeat-old adult would concentrate on what they do NOT want!
Some of us may have spend great time in monitoring the markets.
But have we spent enough time on our children?
Have I not stated the Best Investment is on "People"?
One of these "People" is Our Children.
From them, we get the Biggest Return - the Biggest Happiness.
Fate
Our Children Bring Us to This World............to be their Guiding Angel
Sunday, February 15, 2009
The Clearest Sign
My birthday was 2 days ago.
Yes, I almost became the Mr. St. Valentine - only 1 day short!
I suppose we all should be,
"One day Older, one day Wiser"
But, are we?
Since so many Historical Events have taken place in the last 18 months, we may as well re-visit the History by going right back to Aug 2007 - the Beginning of this Never Ending "World War III" (others call it the Credit Crunch)
In Aug 2007, Bear Stearns, the then 5th Largest Investment Bank in Wall St, suddenly declared two of its funds NOT allowing redemption and were suspended. Everyone started panicking.
Many Governments then began their Painful Journey of pumping Trillions of Cash into the Failing Banking System.
The Governments soon declared nothing needed to be worried about, as they had took care of the Situation, urging everyone to live their lives as Normal.
But in Mar 2008, Bear Stearns Collapsed and the US Government stepped in. And again, many Governments pumping yet More Trillions of Cash into the System, Assuring everyone that nothing needed to be worried.
But, but in Sep 2008, Lehman Brothers, the then 4th Largest Investment Bank in Wall St. Collapsed, causing even More Panic - do I have to remind you what the Governments did and what had happened from then on?
Do you still believe some commentator's claim that the Worst should be over by the end of this year of early next year?
Have anyone missed the Clearest Sign?
Even though More and Bigger Stimulus Plans are put in place in many countries - and in place again and again, but still things only get Worse :
Bigger firms are collapsing - look at the above, from 5th to 4th Largest;
The Once Rescuers now need to be Rescued - look at the Bank of America and Citi;
The Interest Rates are Lower and Lower and some already reached 0% or close to 0%;
The Unemployment Rates are Higher and Higher - 20% in some parts of South California;
More and More People are going onto the street for Massive Demonstration.
So, HOW have you prepared for the Worst Depression?
Fate
Help Yourself by Reducing Debts
Yes, I almost became the Mr. St. Valentine - only 1 day short!
I suppose we all should be,
"One day Older, one day Wiser"
But, are we?
Since so many Historical Events have taken place in the last 18 months, we may as well re-visit the History by going right back to Aug 2007 - the Beginning of this Never Ending "World War III" (others call it the Credit Crunch)
In Aug 2007, Bear Stearns, the then 5th Largest Investment Bank in Wall St, suddenly declared two of its funds NOT allowing redemption and were suspended. Everyone started panicking.
Many Governments then began their Painful Journey of pumping Trillions of Cash into the Failing Banking System.
The Governments soon declared nothing needed to be worried about, as they had took care of the Situation, urging everyone to live their lives as Normal.
But in Mar 2008, Bear Stearns Collapsed and the US Government stepped in. And again, many Governments pumping yet More Trillions of Cash into the System, Assuring everyone that nothing needed to be worried.
But, but in Sep 2008, Lehman Brothers, the then 4th Largest Investment Bank in Wall St. Collapsed, causing even More Panic - do I have to remind you what the Governments did and what had happened from then on?
Do you still believe some commentator's claim that the Worst should be over by the end of this year of early next year?
Have anyone missed the Clearest Sign?
Even though More and Bigger Stimulus Plans are put in place in many countries - and in place again and again, but still things only get Worse :
Bigger firms are collapsing - look at the above, from 5th to 4th Largest;
The Once Rescuers now need to be Rescued - look at the Bank of America and Citi;
The Interest Rates are Lower and Lower and some already reached 0% or close to 0%;
The Unemployment Rates are Higher and Higher - 20% in some parts of South California;
More and More People are going onto the street for Massive Demonstration.
So, HOW have you prepared for the Worst Depression?
Fate
Help Yourself by Reducing Debts
Tuesday, February 10, 2009
The Sign
No matter how much you do NOT wish to believe,
No matter how much the Governments trying to make you NOT to believe,
The Sign is,
Things are getting Worse Everyday, Everywhere.
Look at France.
Only recently, 1 Million workers marching on streets, protesting the Government were NOT helping those need Help Most!
Look at India.
Only last week, 600 of the over 1,600 stores of the India Largest discount retailer had been broken into & robbed.
Because the retailer did not have enough cash, due to the Credit Crunch, to pay the 600 store Securities Staff!
Look at China.
Within the last week, 1 in 6 Rural/Village Workers are returning to the Major Cities only to find themselves most likely, Unemployed! That's ONLY 20 Million of them!
Look at USA.
The Unemployment Rate hits 7.6%.
And in some worse off states, like Southern California, the Unemployment Rate in small counties are hitting 20%!
Look at Australia.
Although the IMF has once stated Australia is much better placed, it has changed its tune recently.
Although the Rudd Government has once showed Confidence in handling the Crisis, it has "Suddenly" discovered a Big Hole last week - a Budget Deficit estimated to be A$115 Billions = 6-month Total Tax Revenue of the Entire Country!
Within the last few days, I saw the Channel 7's "News Flashback", showing back in the 30s, during the Greatest Depression, the Unemployment Rate in Queensland State was......
30%!!
Almost 1 in 3 adults were out of jobs at the time!
Although many of them wearing Gentleman Clothings (e.g. suit & tie), they did NOT behave like one - pushing each other hard to fight for the free food being distributed!
And only last night, I happened to watch a TV documentary, "The Perfect Storm", showing how Tough the current situation is for may business and people in Australia. Have a look of the following Link yourself.
http://www.abc.net.au/4corners/special_eds/20090209/gfc/
Be well prepared my Friends.
We have yet to see the Worst.
Fate
Ignore the Sign, Regret for Life
No matter how much the Governments trying to make you NOT to believe,
The Sign is,
Things are getting Worse Everyday, Everywhere.
Look at France.
Only recently, 1 Million workers marching on streets, protesting the Government were NOT helping those need Help Most!
Look at India.
Only last week, 600 of the over 1,600 stores of the India Largest discount retailer had been broken into & robbed.
Because the retailer did not have enough cash, due to the Credit Crunch, to pay the 600 store Securities Staff!
Look at China.
Within the last week, 1 in 6 Rural/Village Workers are returning to the Major Cities only to find themselves most likely, Unemployed! That's ONLY 20 Million of them!
Look at USA.
The Unemployment Rate hits 7.6%.
And in some worse off states, like Southern California, the Unemployment Rate in small counties are hitting 20%!
Look at Australia.
Although the IMF has once stated Australia is much better placed, it has changed its tune recently.
Although the Rudd Government has once showed Confidence in handling the Crisis, it has "Suddenly" discovered a Big Hole last week - a Budget Deficit estimated to be A$115 Billions = 6-month Total Tax Revenue of the Entire Country!
Within the last few days, I saw the Channel 7's "News Flashback", showing back in the 30s, during the Greatest Depression, the Unemployment Rate in Queensland State was......
30%!!
Almost 1 in 3 adults were out of jobs at the time!
Although many of them wearing Gentleman Clothings (e.g. suit & tie), they did NOT behave like one - pushing each other hard to fight for the free food being distributed!
And only last night, I happened to watch a TV documentary, "The Perfect Storm", showing how Tough the current situation is for may business and people in Australia. Have a look of the following Link yourself.
http://www.abc.net.au/4corners/special_eds/20090209/gfc/
Be well prepared my Friends.
We have yet to see the Worst.
Fate
Ignore the Sign, Regret for Life
Friday, February 6, 2009
The Biggest Expectation
The recently sworn in US President, Obama has made no secret about his Admiration of one of the US Greatest Presidents, Lincoln.
Like Lincoln, Obama representing Illinois before taking the Presidency.
Like Lincoln, Obama has appointed his Biggest Rival during the Presidency Campaign, Clinton, giving her one of the most important roles in his Administration.
Like Lincoln, Obama used an old-style train to travel all the way from Illinois to Washington to take up his Presidency.
If Obama is priding himself to "Think & Act" like Lincoln, with his old-style train as the Clearest gesture, he could be reminding if not Expecting the US people to pride themselves to "Think & Act" as the "People of Lincoln's Time".
During which period (i.e. 1860's), there was No Credit Card, No LCD TV, No LV........let's all go back to the Basics and riding through all these Tough Times ahead! And how many people back then actually own their homes?
It's interesting to also see how Obama could be related to Lincoln.
Lincoln was the US President to Free the Black Slaves and Obama is the First Black US President.
Let's hope their Fates are Different,
Lincoln was the First US President being Assassinated.
Fate
Life is about "Trying Our Best"
P.S. Thanks Christy for your comment posted to my post dated 1 Feb. You should very pride of yourself for being so Patient.
Like Lincoln, Obama representing Illinois before taking the Presidency.
Like Lincoln, Obama has appointed his Biggest Rival during the Presidency Campaign, Clinton, giving her one of the most important roles in his Administration.
Like Lincoln, Obama used an old-style train to travel all the way from Illinois to Washington to take up his Presidency.
If Obama is priding himself to "Think & Act" like Lincoln, with his old-style train as the Clearest gesture, he could be reminding if not Expecting the US people to pride themselves to "Think & Act" as the "People of Lincoln's Time".
During which period (i.e. 1860's), there was No Credit Card, No LCD TV, No LV........let's all go back to the Basics and riding through all these Tough Times ahead! And how many people back then actually own their homes?
It's interesting to also see how Obama could be related to Lincoln.
Lincoln was the US President to Free the Black Slaves and Obama is the First Black US President.
Let's hope their Fates are Different,
Lincoln was the First US President being Assassinated.
Fate
Life is about "Trying Our Best"
P.S. Thanks Christy for your comment posted to my post dated 1 Feb. You should very pride of yourself for being so Patient.
Sunday, February 1, 2009
The Biggest Winner
After spending 2 months in Asia, we finally returned Australia two days ago.
Coming Home with a very tired body to refresh & a very heavy load of washing to do!
But still, I can NOT stop thinking about the Greatest Winner of this Current WWIII.
It's NOT the New US President, Barack Obama;
It's NOT the Always Investment King, Warren Buffete;
It's NOT the CEOs of the Failing Wall St Investment Banks or the Detroit Car Makers, Mr Greedy.
But... it's....
YOU!!
You have been very Patient in following this Post.
Because you have been So Humble to accept there is Always Someone, though NOT Famous or being a Billionaire himself, has Something to offer, Somehow helping you to understand the Essence of All Investments,
"Understand Yourself by Understanding Others First,
Understand Others by Understanding Yourself First.
Once Human Nature is Understood, Everything becomes Simple."
After all, Investment is merely the Extension of Oneself.
Did one of the Greatest Bands,Abba, NOT giving you the Best Financial Advice back in the 80s with the Title of one of their hits?
"Knowing Me, Knowing You."
It's all about Common Sense.
And the Common Sense is,
"Why Rushing NOW when Everything just begins CRASHING?"
Fate
The Sixth Sense is Common Sense
Coming Home with a very tired body to refresh & a very heavy load of washing to do!
But still, I can NOT stop thinking about the Greatest Winner of this Current WWIII.
It's NOT the New US President, Barack Obama;
It's NOT the Always Investment King, Warren Buffete;
It's NOT the CEOs of the Failing Wall St Investment Banks or the Detroit Car Makers, Mr Greedy.
But... it's....
YOU!!
You have been very Patient in following this Post.
Because you have been So Humble to accept there is Always Someone, though NOT Famous or being a Billionaire himself, has Something to offer, Somehow helping you to understand the Essence of All Investments,
"Understand Yourself by Understanding Others First,
Understand Others by Understanding Yourself First.
Once Human Nature is Understood, Everything becomes Simple."
After all, Investment is merely the Extension of Oneself.
Did one of the Greatest Bands,Abba, NOT giving you the Best Financial Advice back in the 80s with the Title of one of their hits?
"Knowing Me, Knowing You."
It's all about Common Sense.
And the Common Sense is,
"Why Rushing NOW when Everything just begins CRASHING?"
Fate
The Sixth Sense is Common Sense
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