Robin Williams passed away on 12 August 2014 at 63.
Suspected suicide. News said it was due to depression.
One of the best comedian.
Life is such a fragile.
A celebrity and from the perception of the public, he has it all. Of course we will never know what he has sacrificed to be there. News said that in real life, he is a very generous and a kind man. It is indeed a sad day for most.
Sometimes, we will never understand. Tribulations are everywhere, and they sees no rich or poor, high or low is status in the society.
save our soul www.falundafa.org
Wednesday, August 13, 2014
Monday, August 11, 2014
SOS Aftershock Investors
WHAT THE EXPERTS SAYS?
The latest book by David on AFTERSHOCK painted a very ugly picture about US recovery which the bubble will burst between 2013 to 2015.
Growth of government debt is 10-15% over the last 5 years, whereas GDP growth is around 1-2%.
Well, this is ONE of the most interesting topics (Market CRASH since 2008) among investors. Marc Faber has been talking about it for the last 3 years, Gary Shilling has been talking about it for the past 3 years, Robert Prechter has been talking about it for the last 4 years.
Timing wise, none are near. However, each gave similar reasoning, printing of new money driven growth, will not last forever, period.
I am not going to add in more since the experts have said it.
WHAT SHOULD WE DO?
That does not mean you cannot continue to invest in Bursa because you must always remember to diversify your portfolio into a few categories such as, CASH, STOCKS, PROPERTIES or GOLD. So, within STOCKS, always choose good companies (with high ROE) at a good price (lower than peers) or at a fair price with GOOD GROWTH POTENTIALS.
Of course, within STOCKS if we think the market is overheated (too high PE like over 20 x), one can reduced to say 60 or 70% invested. But one must always stay invested if you can find company with GOOD ROE and GOOD PRICE. When the market is high, you will realise it is harder to get this type of companies. However it is advisable to stay invested, at least 60% (if we seriously think the market is overheated) since this is your PORTFOLIO allocation.
The latest book by David on AFTERSHOCK painted a very ugly picture about US recovery which the bubble will burst between 2013 to 2015.
Growth of government debt is 10-15% over the last 5 years, whereas GDP growth is around 1-2%.
Well, this is ONE of the most interesting topics (Market CRASH since 2008) among investors. Marc Faber has been talking about it for the last 3 years, Gary Shilling has been talking about it for the past 3 years, Robert Prechter has been talking about it for the last 4 years.
Timing wise, none are near. However, each gave similar reasoning, printing of new money driven growth, will not last forever, period.
I am not going to add in more since the experts have said it.
WHAT SHOULD WE DO?
That does not mean you cannot continue to invest in Bursa because you must always remember to diversify your portfolio into a few categories such as, CASH, STOCKS, PROPERTIES or GOLD. So, within STOCKS, always choose good companies (with high ROE) at a good price (lower than peers) or at a fair price with GOOD GROWTH POTENTIALS.
Of course, within STOCKS if we think the market is overheated (too high PE like over 20 x), one can reduced to say 60 or 70% invested. But one must always stay invested if you can find company with GOOD ROE and GOOD PRICE. When the market is high, you will realise it is harder to get this type of companies. However it is advisable to stay invested, at least 60% (if we seriously think the market is overheated) since this is your PORTFOLIO allocation.
Friday, July 18, 2014
SOS RIP MH370 & MH17
Two tragedies for Malaysia in a span of 132 days. This is unprecedented and sad for the families that lose their love ones in MH370 and MH17. One happen on 8 March 2014 and another on 17 July 2014.
A total of 534 lives are killed (239 + 295). Air transport used to be the safest transport in the world, now, no longer one. If you do a search on wikipedia, you may be shock to find out that in a year, an average of 10-30 commercial flights accidents happen, nearly every year. For 2014, up to July 17, there are four commercial flight accidents.
So, and both may not even be due to technical problems. One was missing and one was shot down. It is man-made disasters. What is happening?
Let us hope no more for many years to come.
A total of 534 lives are killed (239 + 295). Air transport used to be the safest transport in the world, now, no longer one. If you do a search on wikipedia, you may be shock to find out that in a year, an average of 10-30 commercial flights accidents happen, nearly every year. For 2014, up to July 17, there are four commercial flight accidents.
So, and both may not even be due to technical problems. One was missing and one was shot down. It is man-made disasters. What is happening?
Let us hope no more for many years to come.
Saturday, June 14, 2014
SOS Spain in Trouble
June 5-13 (2014)
Sevilla-Mija-Cordoba-Segovia-Madrid
A shock defeat of 5-1 by Spain in the world cup 2014 to Holland on 13 June 2014.
A little visit to the outskirt of its tourist spots shows that Spain is over built with Condominiums. Some are left empty and some are not completed. Nevertheless the outskirt of Spain is beautiful and scenic.
Food we should try in Segovia is the suckling pig, it taste much better than its look.
Of course, the rest is the Paella, tapas and curros. Of course they have their (other top 10 dishes in Spain) Gazpacho (cold tomato soup, with chopped onion, tomato, bread crumps) and Bean Stew Soup. The Gazpacho is cold and sourish, hence it is very refreshing while the Bean Stew Soup is rather saltish, I suppose taken with bread and the bean to reduce the saltiness.
Of course they are many other dishes that we have missed. During our visit to Spain, the conversion is around Euro 1 = RM4.50
Sevilla-Mija-Cordoba-Segovia-Madrid
A shock defeat of 5-1 by Spain in the world cup 2014 to Holland on 13 June 2014.
A little visit to the outskirt of its tourist spots shows that Spain is over built with Condominiums. Some are left empty and some are not completed. Nevertheless the outskirt of Spain is beautiful and scenic.
Food we should try in Segovia is the suckling pig, it taste much better than its look.
Of course, the rest is the Paella, tapas and curros. Of course they have their (other top 10 dishes in Spain) Gazpacho (cold tomato soup, with chopped onion, tomato, bread crumps) and Bean Stew Soup. The Gazpacho is cold and sourish, hence it is very refreshing while the Bean Stew Soup is rather saltish, I suppose taken with bread and the bean to reduce the saltiness.
Of course they are many other dishes that we have missed. During our visit to Spain, the conversion is around Euro 1 = RM4.50
Tuesday, May 13, 2014
SOS Secret of finding out Education Funding?
Education Funding
Kid = 3 years old, Assumed 19 years enter Uni, Investment return = 5.058%, Course inflation = 6%
1. Find FV of fee when your kid is age 19. PV(course fee today), I (inflation), N (no of years to Uni)
2. Find PV[when kid reach 19] (for 3 years course fee) (BGN) PMT (204,000), I (5.058-6/1.06), N (3 years course) = 826,000
3. Find PV(now required) = PV (826,000), I = (5.058%), N = (years to 19 years = 16)
Kid = 3 years old, Assumed 19 years enter Uni, Investment return = 5.058%, Course inflation = 6%
1. Find FV of fee when your kid is age 19. PV(course fee today), I (inflation), N (no of years to Uni)
2. Find PV[when kid reach 19] (for 3 years course fee) (BGN) PMT (204,000), I (5.058-6/1.06), N (3 years course) = 826,000
3. Find PV(now required) = PV (826,000), I = (5.058%), N = (years to 19 years = 16)
Sunday, May 11, 2014
SOS The Secrets that most people trying to avoid in their life?
Dear readers (not that it exist anyway),
Well, what is the secret?
It is call FP?
When you are sick, who do you go to?
When your car have problem, who will you call?
So, who is FP?
Do you ever spent a bit of time thinking whether you have enough money for your retirement?
Or for your kids education?
Frankly, with such a stressful day you have in work, and busy catching up with your family, who have time for such a thing, trying to find out the ugly truth?
So when you want to find out whether you can achieve your Financial Goals, you consult a qualified Financial Planner. That is what FP is all about.
Well, in Malaysia, it is still at the infancy phase, typical Asian, shy to reveal their wealth. Scare of being mug?
No actually, scare to find out that you may not have enough to for your kids education funds and retirement funds.
Well, actually, not that Asian is shy, actually they always wants FREE stuff, even for financial planning. The first thing is that they will ask, what is the fee? They never think about the BENEFITS of doing a financial planning.
So, what is the point of finding out that you may not have enough savings for your kids or retirement?
Did you have a plan if something bad happen to you? Such as Death or Critical Illness? Is your spouse, kids or parents well PROTECTED if you are the breadwinner of the family?
Never bother right?
What happen if you find out your are UNDER coverage for your insurance?
Well, like doctors, FP will diagnose your financial health, talking about your net surplus, savings, debt servicing ratio, liquidity, debt over assets etc, just like testing your blood, if , one you have high blood pressure, high cholesterol, diabetes, other sickness it might shown in your blood or other health screening test.
Similarly, FP is your financial health doctor. You have to see a FP regularly when to know if you are Financially in good health.
When was the last time you wrote or update your Will?
Can you name or your nominees in your life insurance policies or EPF?
Have you any idea what is your yearly expenses? Or how much you need roughly for your retirement, say you may live up to 80 years old?
FP is actually a PROCESS.
It is a financial planning process, called EGADIM.
E is for establishing and defining relationship with the client.
G is for gathering client data.
A is for analysing and evaluating client's financial information.
D is to develop and presenting the Recommendation
I is for implementing the financial plan recommendations
M is monitoring or reviewing the implementation of the financial plan.
EGADIM is actually all done and reported in the Financial Planning report consisting of:-
Well, what is the secret?
It is call FP?
When you are sick, who do you go to?
When your car have problem, who will you call?
So, who is FP?
Do you ever spent a bit of time thinking whether you have enough money for your retirement?
Or for your kids education?
Frankly, with such a stressful day you have in work, and busy catching up with your family, who have time for such a thing, trying to find out the ugly truth?
So when you want to find out whether you can achieve your Financial Goals, you consult a qualified Financial Planner. That is what FP is all about.
Well, in Malaysia, it is still at the infancy phase, typical Asian, shy to reveal their wealth. Scare of being mug?
No actually, scare to find out that you may not have enough to for your kids education funds and retirement funds.
Well, actually, not that Asian is shy, actually they always wants FREE stuff, even for financial planning. The first thing is that they will ask, what is the fee? They never think about the BENEFITS of doing a financial planning.
So, what is the point of finding out that you may not have enough savings for your kids or retirement?
Did you have a plan if something bad happen to you? Such as Death or Critical Illness? Is your spouse, kids or parents well PROTECTED if you are the breadwinner of the family?
Never bother right?
What happen if you find out your are UNDER coverage for your insurance?
Well, like doctors, FP will diagnose your financial health, talking about your net surplus, savings, debt servicing ratio, liquidity, debt over assets etc, just like testing your blood, if , one you have high blood pressure, high cholesterol, diabetes, other sickness it might shown in your blood or other health screening test.
Similarly, FP is your financial health doctor. You have to see a FP regularly when to know if you are Financially in good health.
When was the last time you wrote or update your Will?
Can you name or your nominees in your life insurance policies or EPF?
Have you any idea what is your yearly expenses? Or how much you need roughly for your retirement, say you may live up to 80 years old?
FP is actually a PROCESS.
It is a financial planning process, called EGADIM.
E is for establishing and defining relationship with the client.
G is for gathering client data.
A is for analysing and evaluating client's financial information.
D is to develop and presenting the Recommendation
I is for implementing the financial plan recommendations
M is monitoring or reviewing the implementation of the financial plan.
EGADIM is actually all done and reported in the Financial Planning report consisting of:-
- Executive Summary
- Personal Data
- Planning Assumptions (Introduction on EGADIM, the 6 step process of Financial Planning process)
- Existing Financial Situation (Cash Flow/Net Worth/Financial Ratio/Tax Analysis/Investments/Risk Management/Estate Planning)
- Achievability of Financial Goals
- Recommendations and Action Plans
- Disclaimer
- Appendix (EGAWII)
Monday, April 28, 2014
SOS US Dollar vs toilet paper
There were many articles written on the US Dollar will collapse after all the QE after 2008. 6 years after, 2014, there is no sign of collapse and many experts continue to make such theory that US Dollar will one day become toilet papers.
This is actually a trillion dollar questions. Will US Dollar become toilet one day. Can the experts be right. They have all the arguments and facts and logic behind it, but today, it stays as strong as what is 2008 against the Euro, at least.
US Dollar is widely used. This is a fact. Petrol dollar, how much transacted in USD? When Iraq, threaten to used Euro to transact petrol in Euro, Iraq is invaded and torn apart. When Libya threaten to use Euro to transact in Euro, Gaddhafi is assassinated and Libya has a new leader. Any country that do not toll the line, they will be wipe off.
So, besides oil, what else is mainly traded in USD? Don't forget, forex trading, traded about USD3 trillion a day, all done in USD, who can actually replace it? Not China, not Europe, not Japan, not any country actually.
Yes, not even gold can replace USDollar.
I am not an expert, but I believe the argument made by Robert Prechter and Gary Shilling are correct. Their line of argument is correct. US Dollar is like a commodity widely used in the WORLD. Whether you like it or not, it is not easy to be replaced. They were talking about Bitcoins etc. The answer is UNLIKELY.
Here is why, America has issue Trillions of DEBT. This DEBT will gradually become BAD. This DEBT amounted to more than USD100 trillions. A lot of it will turn BAD, i.e. non performing loan, gradually over the years, and each DEBT issued must be accounted for, either by the lenders or the borrowers. Gary Shilling called it in his booked called, THE AGE OF DELEVERAGING.
Gary said that these trillions will be gradually wipe off the market. That means this US Dollar debt ISSUED to the borrowers, will become NON PERFORMING, hence, trillions of US Dollars supplied to the market will be wipe off vs the printing of US Dollar, the dollar that turn bad is far HIGHER than the printing of new US Dollar to a tune of more than 10 times. Hence, the AGE of DELEVERAGING argue that US Dollar in fact will become stronger over the years, against other major currency like Euro.
Similarly, after 2008, not only US has inject trillions into the market, so is Euro, so is China, so is Japan. The concept remain the same, US Dollar in the MARKET cannot be replaced, period. So, the proponent that US Dollar will become toilet paper, sadly, will not come true. So, majority will be shock in future to find out that US dollar become stronger instead.
This may not be what majority wants to hear, but it is the most logical deduction. US Dollar, is a commodity, that is supplied to the market in most transactions. I have not mentioned derivatives, mainly transacted in US Dollars, comes to a tune of USD600 trillions, 10 times the world GDP. You tell me, who can replace this much of toilet papers?
This is actually a trillion dollar questions. Will US Dollar become toilet one day. Can the experts be right. They have all the arguments and facts and logic behind it, but today, it stays as strong as what is 2008 against the Euro, at least.
US Dollar is widely used. This is a fact. Petrol dollar, how much transacted in USD? When Iraq, threaten to used Euro to transact petrol in Euro, Iraq is invaded and torn apart. When Libya threaten to use Euro to transact in Euro, Gaddhafi is assassinated and Libya has a new leader. Any country that do not toll the line, they will be wipe off.
So, besides oil, what else is mainly traded in USD? Don't forget, forex trading, traded about USD3 trillion a day, all done in USD, who can actually replace it? Not China, not Europe, not Japan, not any country actually.
Yes, not even gold can replace USDollar.
I am not an expert, but I believe the argument made by Robert Prechter and Gary Shilling are correct. Their line of argument is correct. US Dollar is like a commodity widely used in the WORLD. Whether you like it or not, it is not easy to be replaced. They were talking about Bitcoins etc. The answer is UNLIKELY.
Here is why, America has issue Trillions of DEBT. This DEBT will gradually become BAD. This DEBT amounted to more than USD100 trillions. A lot of it will turn BAD, i.e. non performing loan, gradually over the years, and each DEBT issued must be accounted for, either by the lenders or the borrowers. Gary Shilling called it in his booked called, THE AGE OF DELEVERAGING.
Gary said that these trillions will be gradually wipe off the market. That means this US Dollar debt ISSUED to the borrowers, will become NON PERFORMING, hence, trillions of US Dollars supplied to the market will be wipe off vs the printing of US Dollar, the dollar that turn bad is far HIGHER than the printing of new US Dollar to a tune of more than 10 times. Hence, the AGE of DELEVERAGING argue that US Dollar in fact will become stronger over the years, against other major currency like Euro.
Similarly, after 2008, not only US has inject trillions into the market, so is Euro, so is China, so is Japan. The concept remain the same, US Dollar in the MARKET cannot be replaced, period. So, the proponent that US Dollar will become toilet paper, sadly, will not come true. So, majority will be shock in future to find out that US dollar become stronger instead.
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