i must be crazy. why am i still playing when i should be doing my work?
i'm only left with sat and sun. what ever happened to my discipline?
i'm tired.
but it was a good nite though. st james power station is cool... i shld be considered really lucky to be able to get a sneak preview before the official opening ba....
sleep..
Saturday, September 30, 2006
Friday, September 29, 2006
i'm glad that i've made my decision.
even though the process was a hard one, now i really know that i have your support all the time.
however, i did learn some lessons.
my dreams are still intact.
there are many other opportunites to bridge that gap.
A high ambition is good, but please be rational.
Question. If the answers don't satisfy you. Look for another opportunity.
Warren Buffett has mentioned that he only invests in companies he knows about. Those that are too complex. he doesn't care.
I think that's really good advice.
I wonder if i have really understood the books that i read?
anyway, it has taken me a week to sort out my thoughts. Definitely time wasted, but it has been a learning experience.
my friend, if you are reading this, take a step back and look hard at the system.
All the best.
And, thank you dear =)
even though the process was a hard one, now i really know that i have your support all the time.
however, i did learn some lessons.
my dreams are still intact.
there are many other opportunites to bridge that gap.
A high ambition is good, but please be rational.
Question. If the answers don't satisfy you. Look for another opportunity.
Warren Buffett has mentioned that he only invests in companies he knows about. Those that are too complex. he doesn't care.
I think that's really good advice.
I wonder if i have really understood the books that i read?
anyway, it has taken me a week to sort out my thoughts. Definitely time wasted, but it has been a learning experience.
my friend, if you are reading this, take a step back and look hard at the system.
All the best.
And, thank you dear =)
Sunday, September 17, 2006
Personal Financing 101
Passive income > total expenses
Once you achieve that, you can slap your boss' face, kick that backstabbing collegue's ass, burn down your office and STILL live your life without worries!!
Ok, i'm kidding about the violence and arson. Come on, we guys are civilised people right?
Today, I had the opportunity to play Cashflow 101 game. I find this tremendously useful. You are given an hour to play 40 YEARS of your life. You won't know how much time has passed until the game master annouced the time. Then, you'll be shocked when you look at your own balance sheet. My balance sheet at age 40 was really, shit.
So what did I learn? A few important lessons that I want to share with anyone who's reading this...
1. Opportunities are everywhere. It is up to you to find it.
2. What may appear as a money making venture can turn out to be your best investment. Again, it takes a trained mind to sniff out such gems.
3. Always be prepared for the next big opportunity. In the game, I lost a positive passive cash flow of 2,200 because I was not prepared and buying so-so investments.
4. Always be aware of your personal financial situation. This is your money, don't expect other people to take care of it.
5. Paychecks are just paychecks. Once you stop working, the checks stop coming. Work for passive income instead. Money should work for you, not the other way round.
6. Don't be afraid. Don't let the fear swallow your drive.
I really learn alot today. This workshop allows me to experience the game first hand. Thanks Ruide.
So, do you want to be rich?
If yes, then why?
The reason must be very personal to you. That reason must be able to sustain you throughout all obstacles. Have you found your reason?
I have.
I wish to let my parents rest. They have worked long enough. They have been in the rat race for too long. It really hurts to see them working day in day out just to put me and my brother to school.
I'm not complaining. I'm definitely luckier than other people. I don't live in poverty.I don't need to struggle to make ends meet. Heck, I know I can get more money from my dad if i asked!
I am truly blessed with such great and supportive parents. It is therefore my duty, and my obligation to provide for them. I dream of the day when I can tell my mum and dad," Enough. Stop working. Now, I am able to, and will provide for the family. "
That is my reason. Tell me, what is yours?
Once you achieve that, you can slap your boss' face, kick that backstabbing collegue's ass, burn down your office and STILL live your life without worries!!
Ok, i'm kidding about the violence and arson. Come on, we guys are civilised people right?
Today, I had the opportunity to play Cashflow 101 game. I find this tremendously useful. You are given an hour to play 40 YEARS of your life. You won't know how much time has passed until the game master annouced the time. Then, you'll be shocked when you look at your own balance sheet. My balance sheet at age 40 was really, shit.
So what did I learn? A few important lessons that I want to share with anyone who's reading this...
1. Opportunities are everywhere. It is up to you to find it.
2. What may appear as a money making venture can turn out to be your best investment. Again, it takes a trained mind to sniff out such gems.
3. Always be prepared for the next big opportunity. In the game, I lost a positive passive cash flow of 2,200 because I was not prepared and buying so-so investments.
4. Always be aware of your personal financial situation. This is your money, don't expect other people to take care of it.
5. Paychecks are just paychecks. Once you stop working, the checks stop coming. Work for passive income instead. Money should work for you, not the other way round.
6. Don't be afraid. Don't let the fear swallow your drive.
I really learn alot today. This workshop allows me to experience the game first hand. Thanks Ruide.
So, do you want to be rich?
If yes, then why?
The reason must be very personal to you. That reason must be able to sustain you throughout all obstacles. Have you found your reason?
I have.
I wish to let my parents rest. They have worked long enough. They have been in the rat race for too long. It really hurts to see them working day in day out just to put me and my brother to school.
I'm not complaining. I'm definitely luckier than other people. I don't live in poverty.I don't need to struggle to make ends meet. Heck, I know I can get more money from my dad if i asked!
I am truly blessed with such great and supportive parents. It is therefore my duty, and my obligation to provide for them. I dream of the day when I can tell my mum and dad," Enough. Stop working. Now, I am able to, and will provide for the family. "
That is my reason. Tell me, what is yours?
Thursday, September 14, 2006
Wednesday, September 13, 2006
Oh a more serious note...
I seem to have been caught up in this whirlwind of academic pursuits. Whatever happened to new friendship? whatever happened to the candidness among friends?
I seem to have become self absorbed. The world now seems to revolve around me.
When the core is unsettled, the whole world seems to collapse. What is left is a black hole. Hollowness. Emptiness.
I need to take a few steps back and look at my life in a different way.
The more you move on with your life, the more people you have to leave behind. Please, don't forget the people who always love you.
Please, don't lose track of your dreams.
Tell me, are you following the path to your dreams, stumbling, struggling, moving in darkness with only the light in front as your guide? what will you have accomplished? will you have liked this journey? filled with excitement, disappointment, setbacks, but immense rewards?
or are you walking on the well lit paved road, with everyone else walking with you?
what will you have accomplished? is security the number 1 concern for you? secure, safe, normal, conforming to the norm, but little rewards?
I really want to start on that exciting path to my dreams, but I always take the easy way out and walk on that paved road.
My dreams seem to be dying, but only I know that.
And only I can revive them!
Bring on the challenges, and let every failure be a lesson learnt.
(on a lighter note, i suppose my failure of my presentation constitutes a lesson too... wahahha)
I seem to have been caught up in this whirlwind of academic pursuits. Whatever happened to new friendship? whatever happened to the candidness among friends?
I seem to have become self absorbed. The world now seems to revolve around me.
When the core is unsettled, the whole world seems to collapse. What is left is a black hole. Hollowness. Emptiness.
I need to take a few steps back and look at my life in a different way.
The more you move on with your life, the more people you have to leave behind. Please, don't forget the people who always love you.
Please, don't lose track of your dreams.
Tell me, are you following the path to your dreams, stumbling, struggling, moving in darkness with only the light in front as your guide? what will you have accomplished? will you have liked this journey? filled with excitement, disappointment, setbacks, but immense rewards?
or are you walking on the well lit paved road, with everyone else walking with you?
what will you have accomplished? is security the number 1 concern for you? secure, safe, normal, conforming to the norm, but little rewards?
I really want to start on that exciting path to my dreams, but I always take the easy way out and walk on that paved road.
My dreams seem to be dying, but only I know that.
And only I can revive them!
Bring on the challenges, and let every failure be a lesson learnt.
(on a lighter note, i suppose my failure of my presentation constitutes a lesson too... wahahha)
Now, when you give a presentation, of course you must be able to project your voice, be forceful and stern, be commanding and engage the audience.
If your audience are a company of recruits.
What I did today during my communications management fundamentals is a presentation that all platoon commanders in Tekong will want to emulate.
BUT I WAS PRACTICALLY SHOUTING AT MY TUTORIAL MATES!!
hahahahahhahahahhaa
Thinking back now, it was really hilarious.
Feedback from friend #1: Wah, I feel intimidated. You scare me man!
friend #2: You look like a loanshark!
friend #3: So loud for what!
friend #4: i thought you wanna eat us up!
hahahah, i should ask my tutor to give a thorough critique of my presentation skills. I just changed mode to "platoon commander" mode and thought that my audience were a bunch of recruits sitting in a huge lecture hall!!
hahahahhaha...... i'll probably never forget this.
If your audience are a company of recruits.
What I did today during my communications management fundamentals is a presentation that all platoon commanders in Tekong will want to emulate.
BUT I WAS PRACTICALLY SHOUTING AT MY TUTORIAL MATES!!
hahahahahhahahahhaa
Thinking back now, it was really hilarious.
Feedback from friend #1: Wah, I feel intimidated. You scare me man!
friend #2: You look like a loanshark!
friend #3: So loud for what!
friend #4: i thought you wanna eat us up!
hahahah, i should ask my tutor to give a thorough critique of my presentation skills. I just changed mode to "platoon commander" mode and thought that my audience were a bunch of recruits sitting in a huge lecture hall!!
hahahahhaha...... i'll probably never forget this.
Sunday, September 10, 2006
and OF COURSE!
My parents for sponsoring my BBQ! hahah... thanks a million!To all my friends who came, I really appreciate it! I'm really touched that all of you turned up!
To those who send your wishes, thanks!
To those who owe me dinner/ presents... you guys better know what to do! haha
Thanks everyone, it was great seeing all of you again.....let's catch up with each other sometime!
Anyway, if you want any other photos, feel free to ask!
Special Thanks to.....
Carlene... for ensuring all my friends have enough food... enough drinks... doing all the Sai Kang like clearing plates... hai.. i felt so guilty... thanks dear!
The man of the day... the tireless BBQ man = Joel! Thanks so much bro...
And also for helping me with the preparation of the bbq itself... Joel's the man! =)
Chiameng... Tag team partner with Joel at the BBQ pit... Thanks Thanks!
Photos 2
Joanna, Eileen, Yihan... Thanks for being "Cake Distributors"!!
Hai ya... how come never switch on the FLASH!
OCS People and fellow honorary members...
photos....
AHS NCC....Colin, Yeow, Soon Chong, Kenneth, Chong Hao, Joel, Siu, Guodong, Jiaming...ONLY KELVIN NOT IN THE PICTURE..... HAha
Toogees... Haven't seen Rina for 4 YEARS! wah...
Climbers... Look at me now... Do I really look like one!? haha...
Saturday, September 02, 2006
Friday, September 01, 2006
Yup, you can technically call me a Uncle now.
I'm 21.
It seems to me, that the closer you want to get to your dreams, the more people you have to leave behind.
When I look at my friends, how many of them are really my true friends?
I suppose, they have always been around. I was just too busy to notice them.
To slow down and smell the flowers? Or to dash forward and capture that fleeting dream?
What will you do?
I miss all my friends, whether they are close or not. After all, I have spent significant time with all of them. However, sad to say, friends come and go. Those true friends, will always remain around me. Hopefully, they will know that I am their true friend too!
21 years on this Earth, the journey has just begun! Enjoy it!
I'm 21.
It seems to me, that the closer you want to get to your dreams, the more people you have to leave behind.
When I look at my friends, how many of them are really my true friends?
I suppose, they have always been around. I was just too busy to notice them.
To slow down and smell the flowers? Or to dash forward and capture that fleeting dream?
What will you do?
I miss all my friends, whether they are close or not. After all, I have spent significant time with all of them. However, sad to say, friends come and go. Those true friends, will always remain around me. Hopefully, they will know that I am their true friend too!
21 years on this Earth, the journey has just begun! Enjoy it!
Monday, August 28, 2006
Sunday, August 27, 2006
Perhaps I am so caught up with my new phase of life that I have made other people feel insignificant.
FUCK. I want to write all my feelings down, and yet these feelings are too personal for anyone else to know.
Oh well... anyway my birthday's coming up... 2nd sept... those that didnt reply better do so!!
FUCK. I want to write all my feelings down, and yet these feelings are too personal for anyone else to know.
Oh well... anyway my birthday's coming up... 2nd sept... those that didnt reply better do so!!
Monday, August 21, 2006
What will happen if you decide to stop working one day? will you have money to maintain your present standard of living?
How many months you can go on after you stop working can be defined as your wealth. Yes, wealth is actually your streams of passive income. Nothing else.
So who is truly wealthy? Those professionals with big paychecks but spend like there's no tomorrow? Or those mid level managers with sound financial education and have been building up their portfolios of passive income?
When do you want to be financially free? do you have any strategies in mind? or are you just following what your parents have been doing?
For me, my 21 years of life has been the ideal blueprint that my parents approve of. Go to primary school, be in EM2 at least, then a good secondary school, preferably special stream, then to a good JC, preferably triple science (Biology is good! you can be a doctor!) , then get a good course in uni, hopefully medicine or architecture or accountancy or engineering or business...
Do I have any say in that? No. Because the path that I took is the path my parents longed to have. They have my interests at heart when planning this path out for me.
Am I complaining? Of course not! This path, though similar to most of my peers, has led me to realise that, besides academic education, professional education and financial education are equally important.
I am now in NTU learning my skills, probably to be an accountant or banking related field. I am training to be an employee.
I am fine with being an employee, after that it is all about job security and yada yada right?
WRONG.
The "iron rice bowl" has been a thing of the past. We are now in the Information Age, not the Industrial Age. Information, relevant, useful and the lastest information, will secure your future. Your knowledge will be the beacon for your career. Financial know-how will free you from the confines of your office. Heck, you can quit the next day and still live like a KING!
That will be great right?
But are you prepared to pay the price? Are you willing to learn? Are you wiling to polish up your financial knowledge? Or are you more secure in basking in the false comfy feeling of job security? What makes you think your degree is enough?
For me, I still have a lot to learn. Life is a journey anyway.
But I will resolve to build up my professional education. Qualifying for double specialisation is my aim.
My second aim is to polish my financial education. I aim to have at least 2 streams of passive income when I graduate.
My last aim is equally as important as the above: to treasure my loved ones, and never take them for granted.
........
WOW I did talk alot man.... haha... ok go and makan, maybe return the fridge (sorry...) and then back to study!
I am A NERD!!!
wahahahhaha
How many months you can go on after you stop working can be defined as your wealth. Yes, wealth is actually your streams of passive income. Nothing else.
So who is truly wealthy? Those professionals with big paychecks but spend like there's no tomorrow? Or those mid level managers with sound financial education and have been building up their portfolios of passive income?
When do you want to be financially free? do you have any strategies in mind? or are you just following what your parents have been doing?
For me, my 21 years of life has been the ideal blueprint that my parents approve of. Go to primary school, be in EM2 at least, then a good secondary school, preferably special stream, then to a good JC, preferably triple science (Biology is good! you can be a doctor!) , then get a good course in uni, hopefully medicine or architecture or accountancy or engineering or business...
Do I have any say in that? No. Because the path that I took is the path my parents longed to have. They have my interests at heart when planning this path out for me.
Am I complaining? Of course not! This path, though similar to most of my peers, has led me to realise that, besides academic education, professional education and financial education are equally important.
I am now in NTU learning my skills, probably to be an accountant or banking related field. I am training to be an employee.
I am fine with being an employee, after that it is all about job security and yada yada right?
WRONG.
The "iron rice bowl" has been a thing of the past. We are now in the Information Age, not the Industrial Age. Information, relevant, useful and the lastest information, will secure your future. Your knowledge will be the beacon for your career. Financial know-how will free you from the confines of your office. Heck, you can quit the next day and still live like a KING!
That will be great right?
But are you prepared to pay the price? Are you willing to learn? Are you wiling to polish up your financial knowledge? Or are you more secure in basking in the false comfy feeling of job security? What makes you think your degree is enough?
For me, I still have a lot to learn. Life is a journey anyway.
But I will resolve to build up my professional education. Qualifying for double specialisation is my aim.
My second aim is to polish my financial education. I aim to have at least 2 streams of passive income when I graduate.
My last aim is equally as important as the above: to treasure my loved ones, and never take them for granted.
........
WOW I did talk alot man.... haha... ok go and makan, maybe return the fridge (sorry...) and then back to study!
I am A NERD!!!
wahahahhaha
Monday, August 14, 2006
My dreams
Finally i'm a NTU student now! i know this sounds stupid, but i WAs really TOUCHED when i received my matriculation card!!
NAH.
HA hA
The truth is, I'm really lucky to be in NTU accountancy. The vice dean said that after my year of enrolment(in 2004 i think), the minimum grade is at least a 3 As!!
Oh man... better treasure my place here and study hard!
Do you guys believe that a good university degree will get you a good job? Do you want to work until you retire? How can you be rich even without working?
I must admit that I am influenced by wealth gurus like Warren Buffett, Peter Lynch, Robert Kiyosaki and even our very own Adam Khoo! I sincerely believe that beside working at a full time job, there are other ways to earn money too, like investing (NOT speculating), setting up your online business, real estate etc.
However, I have seen my Dad slog so hard for my family. His advice to me is: stuy hardm get a good degree, get a well paying job and stick to it. Learn to live below your means. Save money. Don't invest as it is risky. Being rich has alot of problems. It is not just my Dad who tells me that. Practically everyone I know and respect dishes out similiar advice from time to time. Their well-meaning advice has been ingrained in my mind, and I have (GASP!) even started to dislike richness!
How can I bear not to listen to my Dad's advice and see the look of disappointment and frustration in his eyes? How can I just shake off the financial conditioning of my upbringing and indirectly tell my elders that their money beliefs have been wrong all the while?
Definitely, a good degree is important. It surely makes your name card look impressive! However, I really wonder if I am able to work for 30 years, always looking forward to the next paycheck?
So, this is my resolution. In my 3 years in NTU, I will study hard to get a good degree, and I will make sure that I will create 2 streams of income by the time I graduate. Impossible? Very likely, but to quote from my JC, Passion creates Possibilities!
NAH.
HA hA
The truth is, I'm really lucky to be in NTU accountancy. The vice dean said that after my year of enrolment(in 2004 i think), the minimum grade is at least a 3 As!!
Oh man... better treasure my place here and study hard!
Do you guys believe that a good university degree will get you a good job? Do you want to work until you retire? How can you be rich even without working?
I must admit that I am influenced by wealth gurus like Warren Buffett, Peter Lynch, Robert Kiyosaki and even our very own Adam Khoo! I sincerely believe that beside working at a full time job, there are other ways to earn money too, like investing (NOT speculating), setting up your online business, real estate etc.
However, I have seen my Dad slog so hard for my family. His advice to me is: stuy hardm get a good degree, get a well paying job and stick to it. Learn to live below your means. Save money. Don't invest as it is risky. Being rich has alot of problems. It is not just my Dad who tells me that. Practically everyone I know and respect dishes out similiar advice from time to time. Their well-meaning advice has been ingrained in my mind, and I have (GASP!) even started to dislike richness!
How can I bear not to listen to my Dad's advice and see the look of disappointment and frustration in his eyes? How can I just shake off the financial conditioning of my upbringing and indirectly tell my elders that their money beliefs have been wrong all the while?
Definitely, a good degree is important. It surely makes your name card look impressive! However, I really wonder if I am able to work for 30 years, always looking forward to the next paycheck?
So, this is my resolution. In my 3 years in NTU, I will study hard to get a good degree, and I will make sure that I will create 2 streams of income by the time I graduate. Impossible? Very likely, but to quote from my JC, Passion creates Possibilities!
Tuesday, May 16, 2006
TAIWAN Pictures!
OKIE!!! WOOOOO!!!my first trial posting pictures.. hope it turn out alrite...
we saw sun xian zhi (from 5566) and Ai Sha (the cute cute Japan host) in Taiwan...
will be posting more pictures soon... i need to kun liao... tml got work...
TAIWAN!!!
wow!! just back from a 5 day 4 nite taiwan trip... damn shiok!! i truly enjoyed myself there!
day1
touch down at taiwan and checked into East Dragon Hotel.
IMMEDIATELY rushed down to Ximenting... a little disappointed as the things are not cheap ( around the prices at Far East Plaza)
Went down to Shilin Market by MRT. now THAT's the place to SHOP and EAT!! haha... 香鸡排，大饼包小饼, mango ice, HUGE hot dogs, oyster mee sua, fried squid, smelly toufu, normal toufu, grilled corn....
WAH!!!!!!! shiok ah... i think i put on 3 kg overall... haha.... ok i need some sleep now... let me figure out how to post pictures first den i continue! (ya la i lousy la... so what? =p)
day1
touch down at taiwan and checked into East Dragon Hotel.
IMMEDIATELY rushed down to Ximenting... a little disappointed as the things are not cheap ( around the prices at Far East Plaza)
Went down to Shilin Market by MRT. now THAT's the place to SHOP and EAT!! haha... 香鸡排，大饼包小饼, mango ice, HUGE hot dogs, oyster mee sua, fried squid, smelly toufu, normal toufu, grilled corn....
WAH!!!!!!! shiok ah... i think i put on 3 kg overall... haha.... ok i need some sleep now... let me figure out how to post pictures first den i continue! (ya la i lousy la... so what? =p)
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