|
|
I envy the guy from the story i mentioned in previous entry.
Why?!?!?!
1) He has experienced such heavy pitfall which is an expensive lesson.
2) His wife never left him despite of him who was nearly bankrupt. That is why i always want to have a wife who stay with me regardless of what happened. Likewise i am very sticky to my wife(if it happen)
To all guys and girls..if you have your boyfriend/girlfriend, all you need is to analyse him/her whether he/she is your real 'security' deal for your whole life.
I do not recommend such methods that putting them into the trial test before you are ready to commit. Before i start saying such method based on my analysis for my 24 years, the quote is "Behind every successful man is a woman, behind her is his wife"
I believe this quote very greatly that i don't have to distrust or doubt my future wife because i know that she care for me and she also see that i also care for her as well without asking fussy/deliberate questions like that.
1)Watch your potential future husband/wife's spending habit without asking or investing. Naturally, the answer will come out itself in front of you.
Why? playboy/women who hook for handsome men for desire usually spend big sum of money to enjoy such 'high stake' lifestyle. Should he/she did spend this much and told you that the expensive things are your present secret, it will be great which mean this question classify it as a pass.
2)State your dislike of doing honestly and he/she will do it for you without any complaints or questions. It mean that he/she has common sense to care of your welfare. Of course it also is out of the concern. But it will end up with half of a pass. To obtain full pass, she/he must encourage you to conquer your dislikes in such manner where he/she do not make you embarassed or angry for your dislike. E.g you dislike mathematics.(That is why we cannot forever avoid some of our dislikes that have a room of improvement for us)
3)Read the second part. It is as well as applicable here as well but in way of sorting out the trouble for you. He/she has such concern to remind you of this trouble you made. Such reminder will help you to analyse the current situation that has the potential to repeat the same mistake and then you will avert of repeating similar trouble you had before.
All 3 things will spell the full commitment and seriousness. Husband/wife must be this 100% commitment and seriousness before you are totally ready to marry and give your virginity. I am not embarassed with the fact that i am still virginity because i am so mindful of it. Let me cite an example which is real.
When Warren Buffett's wife left him and she wanted a fresh life which mean living in different appartment. Warren was so desvasted that time until he understood her intention. He accepted it and still care for her until her death. Before her death, she still meet and hang out with Warren without having divorce(if i am not wrong). It is so incredible!At the same time she introduce some of her female friends to Warren.It is quite sad that she died before Warren!After her death, Warren married a lady who was a friend with his first wife. The quote of "Behind every successful man is a woman, behind her is his wife" proved this way. *thumb up*.
That is why i want to have such wife like her.
In secondary school days, all the boys who were interested in soccer were thinking of naked fun of kicking the ball without improving their own strengths and weaknesses. At that time, i was hungry for power which mean i spend much time to analyse on how i should improve my team and team welfare such as tactics and strategy. It spell a simple skill,tactics and strategy to win the game without any fuss at all. Exactly, it made me acquire a character. The character is perfectionist.
But now,i still have this character and however, i don't ask for 100% perfect and what i want is 99% perfect fitting your or my need without lifting my finger.
As for now, i am not sure if i want to study strategy subject in my UOL.
I really love devising strategy so much but i see a huge unmeasured risk in it if i were to take it.
I opt for the subjects i am familiar and keen to improve my present knowledge of them. The 4 units of UOL's Bsc Banking and Finance(Hons) are principle of accounting, principle of banking and finance, corporate finance and mircoeconomics.
Starting from today, i am going to transfer my passion on soccer analysis to investment. I will start analysing on how great investors grow the money.
It took me few years to undestand the process of soccer management(excluding managing soccer players' lifestyle which i do not cover and understand). I will start buying books to educate myself until i am going to commit my effort on it with minimal mistakes. Even greatest investor do make a mistake and so the loss i make will not so big that it will make your eyes pop out!
The next statement i am going to write is largely related to economics and i love using it as myself an example. Alhough i love watching movies to educate my general knowledge to understand many kind of life processes as much as i can, i have to make a tradeoff for it with the time i will spend to read books as well as use time for studies. The opportunity cost is the time i watch movie. I think i can fully give my commitment to learn and master the art of investment.
Why am i so interested in investment? Let me give you few ideas how your life will be like. My next statement will help you to weigh your decision before u make such options.
I always prefer to work under someone than be a boss
Advantages:
1)Fixed income(high ranking position is a great bonus for it)
2)insurance coverage(most US companies offer insurance coverage for every employees without having them paying although the demand of doing it went down as Bush administration passed a bill to tax every insurance coverage under employees)
3)No worries about raising the capital which fall on the hand of the boss who has to make a decision based on my financial report.
4)Your working experiences(at least 5 years or more in one same industry) will be useful which mean that if you were to become boss, with working experiences that give you a lot of connections and idea on how industry work like.
5)If you got good boss, you are set to do a job that has a lot of responsbility.
Disadvantages:
1)You will not have entrepreneurial spirit in you.
2)If you have lousy supervisors and bosses, you will be under huge pressure to perform impossible tasks. E.g They gave you the work today,1pm and told you to finish the job by 5pm which make it impossible because this job require few persons to work together in order to complete it within 4 hours.
3)Office politics
4)a lot of barriers in chain of command between many different departments if you are working in corporation company.
Advantages of being boss:
1)You will have a feel of being "i am your fucking boss and all of my employees are to do all the tasks for me as i play golf"
2)No one in your own company bully you.
Disadvantages of being boss
1)No fixed income which mean youur income will be irregular on every month(especially SME)
2)Worries how to save the company if the company problems cannot be solved by you or your employees
3)You have to please your customers especially when you sign the contract to deliever goods and your employees fucked it by deliever the services/products to the customers LATE.
4)You have so much matters to take care every company's matter
It is a rough estimatation i analyse. Please be aware that it is not full list as i have not experienced working in big corporation before but i has experience working in SME. As you can see that being boss has more disadvantages. That is why i am so keen working for someone who know how to treat me well enough.
At the same time,i will not buy car or motorcycle in my lifetime unless the car bring profit for me. Motor vehicle is always luxury item here and it never been neccessities. There are much more disadvantages of owing motor vehicle than disadvantges of not owing motor vehicle. IT IS FACT. Full stop and your reasoning will be equivalent to spending and bring no profit at all.
Now i bring the point you may want to know. My late father has only few thousands in his POSB account in the year of 1983. It is the year when i was born. I happened to discover it when my mother arrange my father things and show me old POSB saving passbook. With compounded interest and diligent investment, his money grow so much and my family now have 3 different local bank accounts. That is why i am surving so well and my mother is taking over him. I am keen to relish my mother from doing short-term investment in SGX. Likewise, my late father also has 'heart pain' when his share in the malaysia were suspended by Malaysian governemtn. It mean that he cannot sell the shares at all. Until now, i still receive the bill statement showing the malaysian stock.
I never knew that my father was looking at this although he was reading a lot of business related books(especially investments) in chinese. Nevertheless he is so strict and quiet, i am proud of him knowing the power of compounded interest. Today, i took after him. "Like father like son" Investment run through family blood and now i am infected. I am going to do better than my father.
Let me strike a lighting to every young people.
I can safetly tell you that about 70% of Singaporeans have full-time job and yet need to have more money through investment or having part time.
I can point that Edwin is a manager(great promotion climb) and he need more money. He is at the point of decision whether to become a part-time driver or part-time property agent.
There is no guarantee that you will not be retrenched! It is better to start early and do investment.
Tony Del Piero wrote and posted at at 8:29 pm
