Tuesday, April 20, 2010

Re-assessing my goals

Regarding my earlier post, I stated that obtaining a good GPA is not important. However, I think I have changed my mind. Why? Because a good GPA looks good! And since I am paying so much for my school fees, why should I give up a golden opportunity to make full use of it.

1. Brush up on FA
2. Increase independence
3. Increase knowledge on philospophy
4. Prep for case study competition
5. Apologise to brother( find correct timing)

Friday, January 22, 2010

OMG

I think I have found the holy grail in my life man. Trading sti etf. How cool can it be? Generate $800 per month! I'm on my way to financial freedom. The key now is to increase my cash flow and I think I should be on my way there.

Saturday, January 16, 2010

Contrarian

How do you really succeed in life?

I have heard from numerous people who are really really successful and they said the only way is to be a contrarian- one who does not follow conventional wisdom; one who does not tread the same path that many before him has walked; one who is daring enough to venture out into the uncharted waters on his own; one who deeply believes himself and one who is not affected by 'noises'.

Friday, January 15, 2010

Parabolic SAR FTW

Omg! This indicator is so damn bloody accurate! Freak OMG, I'm fainting. This could be one of the biggest discoveries in my life

Tuesday, January 12, 2010

Cash flow

How do I increase my cash flow whilst being an undergraduate. This represents one of the conundrums that I am facing now. POKER, STOCKS, FOREX, TUITION, GRANTS, COMPETITIONS, BUSINESS. Are these really my strengths?! What are my strengths? I have always wanted to achieve financial freedom but I am still very clueless in how to achieve it. Furthermore, I am also clueless in what I really want to achieve in life? Studies or wealth? I am in a hurry now to achieve my dream.

Tuesday, December 15, 2009

FINANCIAL INDEPENDENCE

I have set an ultimate goal for myself. My net worth must reach 100k by the time I graduate. It's a must. I have got ample time now and I even rank it above getting cum laude for my degree. It is imperative for me to achieve it. 100k, here I come!

Tuesday, October 13, 2009

Lee Kuan Yew's article in Straits times

I would like to refer to the article written by our minister mentor in Straits Times.
In the article, he mentioned about the need for the Chinese to change their thrifty habits. In their culture, they are encouraged to save their money for 'rainy days'. Why do I make this claim? In the Chinese history, during times of disasters, the civilians often find themselves being alienated by the government for it is extremely difficult to obtain financial backing from the central government. Ergo, it is imperative for the people to stash away some of their money, and not spend all their money on material needs instead. However, change they must, since the global economy depends substantially on the rising dragon to drag the world out of the economic slump. If the world economy were to start functioning again, China would certainly serve as one of the most important catalysts.

But, when all is said and done, even though China might be one of the important players for the decoupling effect, America must also do their part for they are still biggest consumer on the earth judging by GDP alone.