1 : 99.
It was the recommended ratio to mix bleach & water to kill SARS Virus in 03.
I now use it as a Golden Rule in investment.
It does NOT matter if you've gained 99 times before.
Because it only takes 1 time,ONE Mistake, to wipe out all your Gains.
This has happened Before, is happening Now and will happen Soon.
Just look at the Hot Money flowing into Asia.
Massive $$$ = Massive ^^^ in New Share Listing = 30%, 40% and 80% rise in 1 day!
And the Massive Bubble is to burst in any given day!
Just look at the Margin Trading.
Familiar?
Back in 1929, 90% of Money in share trading was on Margin.
Just look at the Birthplace of the Current WWIII.
Over 16 US states have to borrow from Federal Government to pay "Unemployment Benefit".
The Major Problem with this WWIII is,
Noone knows where the Problems Really Lie.
Because the Problems have been Hidden Away.
Hidden under "Innovative" Accounting Practice.
Away from the Balance Sheet.
ONLY when the Problem Surfaces,
When everything is being blown away,
Only then everyone is afraid!
Bear Sterns. Lehman. AIG...........
Which one is NEXT?
Who're to be Victimised by this One?
The 99 : 1?
Fate
Why Risk Losing Everything?
www.myboysmyboss.blogspot.com
Friday, July 31, 2009
Friday, July 24, 2009
Missed Opportunities
With Great Danger comes the Great Opportunity.
This is STILL True for the current WWIII.
But Only if you're Quick, Brave and Energetic enough.
With the Benefit of Hindsight, I now know that I'd missed some Great Opportunities.
Three to be exact, for the last year.
First, on Currencies.
Should have sold some of my NZ$ at around US$0.82(about HK$6.3) in July 08.
And bought NZ$ back at US$0.56 (about HK$4.5) in Sept 08.
A Good Profit of about 30% in 2-month time.
Second, on Commodities.
Should have bought Gold at US$750 in Nov 08.
And sold it when it hitted US$1,000 in Feb 09.
Again, a Better Profit of about 33% in 3-month time.
Last but not least,on Shares.
Should have bought HSBC at about Sterling Pounds 2.50 (about HK$30) in Mar 09.
And sold it at about Sterling Pound 5.00 (about HK$60) in June 09.
An Amusing 100% Profit in 3-month time.
Do I regret?
No.
For two reasons.
First, I still have the CASH in hand.
As long as one has the Money, everyday, everywhere, there is Opportunity.
Second?
Wait a second..........
It's 2323 hrs now in Queensland, Australia.
Tell you NEXT time.
Because it's Time to go to Bed.
Goodnight. And have a Great Dream.
Fate
Preparing for Another Round of Opportunities
www.myboysmyboss.blogspot.com
This is STILL True for the current WWIII.
But Only if you're Quick, Brave and Energetic enough.
With the Benefit of Hindsight, I now know that I'd missed some Great Opportunities.
Three to be exact, for the last year.
First, on Currencies.
Should have sold some of my NZ$ at around US$0.82(about HK$6.3) in July 08.
And bought NZ$ back at US$0.56 (about HK$4.5) in Sept 08.
A Good Profit of about 30% in 2-month time.
Second, on Commodities.
Should have bought Gold at US$750 in Nov 08.
And sold it when it hitted US$1,000 in Feb 09.
Again, a Better Profit of about 33% in 3-month time.
Last but not least,on Shares.
Should have bought HSBC at about Sterling Pounds 2.50 (about HK$30) in Mar 09.
And sold it at about Sterling Pound 5.00 (about HK$60) in June 09.
An Amusing 100% Profit in 3-month time.
Do I regret?
No.
For two reasons.
First, I still have the CASH in hand.
As long as one has the Money, everyday, everywhere, there is Opportunity.
Second?
Wait a second..........
It's 2323 hrs now in Queensland, Australia.
Tell you NEXT time.
Because it's Time to go to Bed.
Goodnight. And have a Great Dream.
Fate
Preparing for Another Round of Opportunities
www.myboysmyboss.blogspot.com
Sunday, July 19, 2009
2009 = 1929?
Have been extremely busy.
Have to "Home Schooling" my boys for the time being.
Due to the Swine Flu, we're now stuck in Australia rather than visiting HK, UK etc.
Back to the Reality.
The Worst is Over?
Do you believe it?
Have you missed the Signs?
Or you've Chosen to concentrate on the WRONG Signs Presented by the WRONG Persons?
Ask yourself,
"Who've been spreading the above Message?"
The Governments?
The Central Banks?
The so called Financial Experts etc.?
Are they NOT having a Conflict of Interests?
Are they NOT worried More Street Riots, More Firms Collapsed, More People NOT Invest?
They've to say what they HAVE to say.
Look at the Facts yourself, the Economy is actually Worse than you think,
http://online.wsj.com/article/SB124753066246235811.html
This Time is Different?
In 1929, when people asked in September,
"Should the share market be Corrected if not Falling?"
Then came the "Good Old Logic",
"This time is Different. We're now a Global Economy.
Share price can rise further."
This Time is different because,
- ALL Governments are working Together(?)& spending Madly to Stimulate economies
(Yes, ONLY to create More& Bigger Problems by keep printing money!)
- We have China and it's still Growing
(Yes, ONLY to see the Next round of Panic probably triggered off by it.
Its share market has risen over 60% just in the first 6 months of 2009.
In 1928, Wall St rose by 50% in a year.
Just look at the current Madness in the share prices of the New Listings in HK.
Familiar?)
- .......................
Common Sense?
If the Worst is Already Over, WHY
- US has More Banks Collapsing (& Growing) This year than Last Year?
(57 so far - twice more than the whole of last year!)
- US had a 9.5% Unemployment Rate (& Rising)in US Last Month?
(9.5% - Almost Twice than 4.9% 15 months ago!)
- Globally,
More & More workers are being asked to take No Paid Leave?
More & More workers are being asked to change to Part time jobs?
More & More Unemployed are being Unemployed for Longer?
- Wall ST had NOT regained 3/4 of the loss within 4 months like it did in 1929?
The Reality?
Have you looked at the Reality lately?
Have you looked around you?
I have.
My two aged 40+, well educated, well experienced, well paid friends just been fired.
More People are Divorcing due to financial stress.
More People are Bankrupting due to financial stress.
The Reality is,
Wall St is still about 40% DOWN from its Peak reached 20 months ago!
And, More Worrying is
Another Wave, a Bigger Wave is coming.
From Commercial Property Market?
Credit Card Loan?
http://www.nytimes.com/2009/06/16/your-money/credit-and-debit-cards/16credit.html?_r=1&em
Another Excessively Leveraged Product?
.........
From Iran?
North Korea?
............
Due to the Swine Flu?
Assassination of..........
Terrorist Attack in......
...........
Game Over?
Rather than buying the argument of "The Worst is Over",
You're better off by Buying Gold at some stage.
Because the Worse is just around the corner.
If you still think "The Worst is Over"
Then, it's over - for you.
You're Game Over.
Have you NOT noticed we're now moving back to 1929?
ONLY in Slow Motion.
Fate
The Worst is Routinely, Completely Trusting Others
www.myboysmyboss.blogspot.com
Have to "Home Schooling" my boys for the time being.
Due to the Swine Flu, we're now stuck in Australia rather than visiting HK, UK etc.
Back to the Reality.
The Worst is Over?
Do you believe it?
Have you missed the Signs?
Or you've Chosen to concentrate on the WRONG Signs Presented by the WRONG Persons?
Ask yourself,
"Who've been spreading the above Message?"
The Governments?
The Central Banks?
The so called Financial Experts etc.?
Are they NOT having a Conflict of Interests?
Are they NOT worried More Street Riots, More Firms Collapsed, More People NOT Invest?
They've to say what they HAVE to say.
Look at the Facts yourself, the Economy is actually Worse than you think,
http://online.wsj.com/article/SB124753066246235811.html
This Time is Different?
In 1929, when people asked in September,
"Should the share market be Corrected if not Falling?"
Then came the "Good Old Logic",
"This time is Different. We're now a Global Economy.
Share price can rise further."
This Time is different because,
- ALL Governments are working Together(?)& spending Madly to Stimulate economies
(Yes, ONLY to create More& Bigger Problems by keep printing money!)
- We have China and it's still Growing
(Yes, ONLY to see the Next round of Panic probably triggered off by it.
Its share market has risen over 60% just in the first 6 months of 2009.
In 1928, Wall St rose by 50% in a year.
Just look at the current Madness in the share prices of the New Listings in HK.
Familiar?)
- .......................
Common Sense?
If the Worst is Already Over, WHY
- US has More Banks Collapsing (& Growing) This year than Last Year?
(57 so far - twice more than the whole of last year!)
- US had a 9.5% Unemployment Rate (& Rising)in US Last Month?
(9.5% - Almost Twice than 4.9% 15 months ago!)
- Globally,
More & More workers are being asked to take No Paid Leave?
More & More workers are being asked to change to Part time jobs?
More & More Unemployed are being Unemployed for Longer?
- Wall ST had NOT regained 3/4 of the loss within 4 months like it did in 1929?
The Reality?
Have you looked at the Reality lately?
Have you looked around you?
I have.
My two aged 40+, well educated, well experienced, well paid friends just been fired.
More People are Divorcing due to financial stress.
More People are Bankrupting due to financial stress.
The Reality is,
Wall St is still about 40% DOWN from its Peak reached 20 months ago!
And, More Worrying is
Another Wave, a Bigger Wave is coming.
From Commercial Property Market?
Credit Card Loan?
http://www.nytimes.com/2009/06/16/your-money/credit-and-debit-cards/16credit.html?_r=1&em
Another Excessively Leveraged Product?
.........
From Iran?
North Korea?
............
Due to the Swine Flu?
Assassination of..........
Terrorist Attack in......
...........
Game Over?
Rather than buying the argument of "The Worst is Over",
You're better off by Buying Gold at some stage.
Because the Worse is just around the corner.
If you still think "The Worst is Over"
Then, it's over - for you.
You're Game Over.
Have you NOT noticed we're now moving back to 1929?
ONLY in Slow Motion.
Fate
The Worst is Routinely, Completely Trusting Others
www.myboysmyboss.blogspot.com
Saturday, July 11, 2009
1929 Wall Street Crash
Thanks to those have taken the time & trouble in writing to me.
I'll be Randomly selecting a few to respond in private.
Thanks for sharing with me of your Thoughts.
It's only Fair that I'm now to share with you lot.
A 1-hour TV documentary that I've recently seen.
Produced by BBC (UK) & broadcasted by SBS (Australia, www.sbs.com.au)
And it's called,
"1929 Wall Street Crash"
Counting down the Six Days in Oct 1929 (23-28 Oct) leading to the Crash on the 29th.
But, the programme started with 10 years before the Crash, back in 1919.
When the USA came out as the Biggest Winner from the WWI.
When the USA had the Biggest Number of Women entering Universities.
When the USA had the Biggest Number of Women became Independent of their Finance.
When the Americans had got used to buying Bonds.
(Government using it to raise money to fund the War)
When the Americans had enjoyed a new wave of inventions, radio, car.....
When the Americans had started to buy things on Credit.
(The Mentality of "Get Now, Pay Later")
5 Years before the 1929 Crash the Wall St was rising and rising.
In 2008 alone, the market rose by 50% within a year.
In 1929, the newly sworn in US President was Unease about the Wall St.
He had asked some Powerful Market Insiders if he should be concerned.
All except one replied, "There is NOTHING to be concerned."
Paul Warburg was the exception.
He actually wrote, warning "A Crash is coming".
Even mentioning the word "Depression" in his letter but he's not listened.
Paul gave the Warning in March - 7 months BEFORE the Crash!
In September 1929, a Very Smart Market Insider also felt Unease.
One day, a shoe-polishing boy recommending him to buy shares.
He immediately returned to his office and sold all his shares.
Sold All before the Crash in October.
And do you know who he was?
The Legendary Joe Kennedy.
The father of the Assassinated US President, John Kennedy.
(Wed) 23 Oct 1929. Market dropped for no reason. People started Panicking.
(Thurs) 24 Oct 1929. Market dropped Sharply.
The Famous Four sat down together, came up with a plan & US$250 Million.
They're the two Co Presidents of JP Morgan, the Deputy Chairman of NY Stock Exchange and a Famous Banker.
They'd ONLY one Goal - Stabilising the Market.
One of the Four went onto the trading floor of NY Stock Exchange.
He purposely buying shares at a Premium.
Showing off his Confidence in the Market.
Desperately trying to convince others.
And it worked.
But only worked for one or two days.
(Mon) 28 Oct 1929. Shares dropped again. Market Panicking again.
(Tue) 29 Oct 1929. The Black Tuesday. Wall St dropped by 25% within 2 days.
Wall St finally bottomed out in July 1932.
A 89% drop from its peak.
1 in 4 in the USA was Unemployed.
3,000 banks gone.
80 years gone, what have we learnt?
Have you NOT noticed?
Have you NOT got the Instinct?
Look around you and see for yourself what was happening THEN is happening NOW.
And what is happening this time is Worse than last time.
Share more Next Time.
Fate
Surviving before Profiting
www.myboysmyboss.blogspot.com
I'll be Randomly selecting a few to respond in private.
Thanks for sharing with me of your Thoughts.
It's only Fair that I'm now to share with you lot.
A 1-hour TV documentary that I've recently seen.
Produced by BBC (UK) & broadcasted by SBS (Australia, www.sbs.com.au)
And it's called,
"1929 Wall Street Crash"
Counting down the Six Days in Oct 1929 (23-28 Oct) leading to the Crash on the 29th.
But, the programme started with 10 years before the Crash, back in 1919.
When the USA came out as the Biggest Winner from the WWI.
When the USA had the Biggest Number of Women entering Universities.
When the USA had the Biggest Number of Women became Independent of their Finance.
When the Americans had got used to buying Bonds.
(Government using it to raise money to fund the War)
When the Americans had enjoyed a new wave of inventions, radio, car.....
When the Americans had started to buy things on Credit.
(The Mentality of "Get Now, Pay Later")
5 Years before the 1929 Crash the Wall St was rising and rising.
In 2008 alone, the market rose by 50% within a year.
In 1929, the newly sworn in US President was Unease about the Wall St.
He had asked some Powerful Market Insiders if he should be concerned.
All except one replied, "There is NOTHING to be concerned."
Paul Warburg was the exception.
He actually wrote, warning "A Crash is coming".
Even mentioning the word "Depression" in his letter but he's not listened.
Paul gave the Warning in March - 7 months BEFORE the Crash!
In September 1929, a Very Smart Market Insider also felt Unease.
One day, a shoe-polishing boy recommending him to buy shares.
He immediately returned to his office and sold all his shares.
Sold All before the Crash in October.
And do you know who he was?
The Legendary Joe Kennedy.
The father of the Assassinated US President, John Kennedy.
(Wed) 23 Oct 1929. Market dropped for no reason. People started Panicking.
(Thurs) 24 Oct 1929. Market dropped Sharply.
The Famous Four sat down together, came up with a plan & US$250 Million.
They're the two Co Presidents of JP Morgan, the Deputy Chairman of NY Stock Exchange and a Famous Banker.
They'd ONLY one Goal - Stabilising the Market.
One of the Four went onto the trading floor of NY Stock Exchange.
He purposely buying shares at a Premium.
Showing off his Confidence in the Market.
Desperately trying to convince others.
And it worked.
But only worked for one or two days.
(Mon) 28 Oct 1929. Shares dropped again. Market Panicking again.
(Tue) 29 Oct 1929. The Black Tuesday. Wall St dropped by 25% within 2 days.
Wall St finally bottomed out in July 1932.
A 89% drop from its peak.
1 in 4 in the USA was Unemployed.
3,000 banks gone.
80 years gone, what have we learnt?
Have you NOT noticed?
Have you NOT got the Instinct?
Look around you and see for yourself what was happening THEN is happening NOW.
And what is happening this time is Worse than last time.
Share more Next Time.
Fate
Surviving before Profiting
www.myboysmyboss.blogspot.com
Thursday, July 9, 2009
BIG
I often remind my boys,
"Life is about Appreciating"
So, I'd like to say a BIG "Thank You" to.....
"M" in Australia for encouraging me to write a Blog (so I did!)
"K" in Canada for supporting my 'Easy to Understand, Fun to Learn' writing style;
"S" in UK for updating me with the current situation in UK;
"C" in HK for asking so many Relevant Questions!
"R" in China for sponsoring half of the publishing cost of my to be published Book.
But, of course, the BIGGEST "Thank You" should be given to............
YOU!!
For having the Patience in reading all the 86 posts I've written so far!!
And I recently watched a UK made 1-hour documentary.
The inspiring, "1929 Wall St Crash".
And while I'm trying to put my Thoughts together,
I'd like to hear your Thoughts.
Please feel free to share your Thoughts with me by emailing to,
fatesecrets@gmail.com
Please also understand that I'll NOT be in a position to reply to you all.
But I'd love to say,
Right Here,
Right Now,
A BIG "Thank You" to you all.
Fate
Embracing a New Era
www.myboysmyboss.blogspot.com
"Life is about Appreciating"
So, I'd like to say a BIG "Thank You" to.....
"M" in Australia for encouraging me to write a Blog (so I did!)
"K" in Canada for supporting my 'Easy to Understand, Fun to Learn' writing style;
"S" in UK for updating me with the current situation in UK;
"C" in HK for asking so many Relevant Questions!
"R" in China for sponsoring half of the publishing cost of my to be published Book.
But, of course, the BIGGEST "Thank You" should be given to............
YOU!!
For having the Patience in reading all the 86 posts I've written so far!!
And I recently watched a UK made 1-hour documentary.
The inspiring, "1929 Wall St Crash".
And while I'm trying to put my Thoughts together,
I'd like to hear your Thoughts.
Please feel free to share your Thoughts with me by emailing to,
fatesecrets@gmail.com
Please also understand that I'll NOT be in a position to reply to you all.
But I'd love to say,
Right Here,
Right Now,
A BIG "Thank You" to you all.
Fate
Embracing a New Era
www.myboysmyboss.blogspot.com
Monday, July 6, 2009
50
50 - a Magical Number.
UK's is shrinking at the Fastest rate in 50 years.
Australia 's interest rate is at the Lowest in almost 50 years.
Michale Jackson died at the age of 50.
50, is also a Special Number to all HK people.
"Existing Lifestyle is Guaranteed for 50 years" (from 97)
I once read an article reporting,
"There is a 50% chance that Sterling Pounds could rise."
Amusing, isn't it?
At least, he'd a 50% of getting it Right!!
I also once read that,
"From the age of 50, one could accept whatever the Fate/Destiny/God has arranged."
(Meaning one can NO Longer change anything by Themselves)
If you'd like to be semi-retired by the age of 50, you'd be well prepared.
Well prepared for the coming 5 months.
Your Once-in-a-Lifetime Opportunity could just be around the corner AGAIN.
Because Another Wave is coming.
Bigger than the last.
Hitting Harder than the last.
And it may NOT be the Last.
Fate
Be the Last One Standing
www.myboysmyboss.blogspot.com
UK's is shrinking at the Fastest rate in 50 years.
Australia 's interest rate is at the Lowest in almost 50 years.
Michale Jackson died at the age of 50.
50, is also a Special Number to all HK people.
"Existing Lifestyle is Guaranteed for 50 years" (from 97)
I once read an article reporting,
"There is a 50% chance that Sterling Pounds could rise."
Amusing, isn't it?
At least, he'd a 50% of getting it Right!!
I also once read that,
"From the age of 50, one could accept whatever the Fate/Destiny/God has arranged."
(Meaning one can NO Longer change anything by Themselves)
If you'd like to be semi-retired by the age of 50, you'd be well prepared.
Well prepared for the coming 5 months.
Your Once-in-a-Lifetime Opportunity could just be around the corner AGAIN.
Because Another Wave is coming.
Bigger than the last.
Hitting Harder than the last.
And it may NOT be the Last.
Fate
Be the Last One Standing
www.myboysmyboss.blogspot.com
Friday, July 3, 2009
Australia
I'd stated it several months ago.
And it is now official,
"Australia is much better place than any other developed country in the current global crisis."
The IMF just confirmed this - what I've been believing even before the Credit Crunch.
So did the OECD.
Australia's 1st quarter GDP has shown a Growth of 0.3%.
NOT another Negative quarter, so Australia is "Technically" NOT in Recession.
In fact, Australia is much much better than its Major Trading Partners.
USA, Japan, UK, Euro Zone etc. are all in Recession.
Recovery is nowhere in sight for these countries.
And the "Brother Country", NZ, is the Worst Hit.
With Negative Growth for 5 Consecutive quarters.
That is, since the 1st quarter of 2008!
But of course, thanks to China, Australia weathers the current crisis better.
Because the latest growth for China is above 7% (So is India).
What does this mean to the investors?
Just look at the A$.
Steadily climbing back to about US$80 cents, over HK$6.
Just look at the Gold Price.
Australia is the 4th largest gold supplier.
Just look at the Mining Share Prices.
China is buying and buying the resources sector.
Recently bought the OZ Minerals.
Trying to buy more of Rio Tino.
Eye on BHP.
The World Economy WILL recover.
Though noone knows how long one has to wait.
Do you wait until everyone sees it?
Have you set your Target Price?
Not just the Buying.
But also the Selling.
And the Time Frame?
"Australia" - do NOT just watch it on the DVD.
Benefit from it by Owning a piece of it.
Fate
Investment could be as Simple as ABC - Australia Better (Performing) Country
www.myboysmyboss.blogspot.com
And it is now official,
"Australia is much better place than any other developed country in the current global crisis."
The IMF just confirmed this - what I've been believing even before the Credit Crunch.
So did the OECD.
Australia's 1st quarter GDP has shown a Growth of 0.3%.
NOT another Negative quarter, so Australia is "Technically" NOT in Recession.
In fact, Australia is much much better than its Major Trading Partners.
USA, Japan, UK, Euro Zone etc. are all in Recession.
Recovery is nowhere in sight for these countries.
And the "Brother Country", NZ, is the Worst Hit.
With Negative Growth for 5 Consecutive quarters.
That is, since the 1st quarter of 2008!
But of course, thanks to China, Australia weathers the current crisis better.
Because the latest growth for China is above 7% (So is India).
What does this mean to the investors?
Just look at the A$.
Steadily climbing back to about US$80 cents, over HK$6.
Just look at the Gold Price.
Australia is the 4th largest gold supplier.
Just look at the Mining Share Prices.
China is buying and buying the resources sector.
Recently bought the OZ Minerals.
Trying to buy more of Rio Tino.
Eye on BHP.
The World Economy WILL recover.
Though noone knows how long one has to wait.
Do you wait until everyone sees it?
Have you set your Target Price?
Not just the Buying.
But also the Selling.
And the Time Frame?
"Australia" - do NOT just watch it on the DVD.
Benefit from it by Owning a piece of it.
Fate
Investment could be as Simple as ABC - Australia Better (Performing) Country
www.myboysmyboss.blogspot.com
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