60 Minutes Correspondent Andy Rooney (CBS)
As I grow in age, I value women over 40 most of all.
Here are just a few reasons why:
A woman over 40 will never wake you in the middle of the night and ask, 'What are you thinking?' She doesn't care what you think.
If a woman over 40 doesn't want to watch the game, she doesn't sit around whining about it. She does something she wants to do, and it's usually more interesting.
Women over 40 are dignified. They seldom have a screaming match with you at the opera or in the middle of an expensive restaurant. Of course, if you deserve it, they won't hesitate to shoot you if they think they can get away with it.
Older women are generous with praise, often undeserved. They know what it's like to be unappreciated.
Women get psychic as they age. You never have to confess your sins to a woman over 40.
Once you get past a wrinkle or two, a woman over 40 is far sexier than her younger counterpart.
Older women are forthright and honest. They'll tell you right off if you are a jerk, if you are acting like one. You don't ever have to wonder where you stand with her.
Yes, we praise women over 40 for a multitude of reasons. Unfortunately, it's not reciprocal. For every stunning, smart, well-coiffed, hot woman over 40, there is a bald, paunchy relic in yellow pants making a fool of himself with some 22-year old waitress. Ladies, I apologize.
For all those men who say, 'Why buy the cow when you can get the milk for free?', here's an update for you. Nowadays 80% of women are against marriage. Why? Because women realize it's not worth buying an entire pig just to get a little sausage!
Hahaha ... I might prefer women above 40, one day. At the moment, I prefer those below 30!! Haha
TEH
Wednesday, February 25, 2009
Tuesday, February 17, 2009
Installation?
Today is installation day of the school's SC. This sat will be the installation of Rotaract Club committee members. INSTALLATION?
I need to instal a coffee-maker into my desktop so that I could easily access to coffee. I m a coffee-addict! Hehe ... *yawn*. I m bored. More coffee, please!
TEH
I need to instal a coffee-maker into my desktop so that I could easily access to coffee. I m a coffee-addict! Hehe ... *yawn*. I m bored. More coffee, please!
TEH
Sunday, February 15, 2009
Valentine
Specially dedicated to my beloved wife, Magdalene with my two lovely and adorable kids, Wan Er and Yan Herr.I hung up the phone tonight
Something happened for the first time deep inside
It was a rush, what a rush
‘Cause the possibility
That you would ever feel the same way about me
It’s just too much, just too much
Why do I keep running from the truth?
All I ever think about is you
You got me hypnotized, so mesmerized
And I’ve just got to know
Do you ever think when you’re all alone
All that we can be, where this thing can go?
Am I crazy or falling in love?
Is it real or just another crush?
Do you catch a breath when I look at you?
Are you holding back like the way I do?
‘Cause I’m trying and trying to walk away
But I know this crush ain’t goin’ away-ay-ay-ay-ayy
Goin’ away-ay-ay-ay-ayy
Has it ever crossed your mind
When we’re hanging, spending time girl, are we just friends?
Is there more, is there more?
See it’s a chance we’ve gotta take
‘Cause I believe that we can make this into something that will last
Last forever, forever
Do you ever think when you’re all alone
All that we can be, where this thing can go?
Am I crazy or falling in love?
Is it real or just another crush?
Do you catch a breath when I look at you?
Are you holding back like the way I do?
‘Cause I’m trying and trying to walk away
But I know this crush ain’t goin’ away-ay-ay-ay-ayy
Goin’ away-ay-ay-ay-ayy
Why do I keep running from the truth?
All I ever think about is you
You got me hypnotized, so mesmerized
And I’ve just got to know
Do you ever think when you’re all alone
All that we can be, where this thing can go?
Am I crazy or falling in love?
Is it real or just another crush?
Do you catch a breath when I look at you?
Are you holding back like the way I do?
‘Cause I’m trying and trying to walk away
But I know this crush ain’t goin’ away-ay-ay-ay-ayy
This crush ain’t goin’ away-ay-ay-ay-ayy
Goin’ away-ay-ay-ay-ayy
Goin’ away-ay-ay-ay-ayy
Goin’ away-ay-ay-ay-ayy
TEH
Tuesday, February 10, 2009
Tuesday FEB 10th
Well, today is the election day in our school. I casted my vote. Shhh .,..
By-elections will be on in few seats, the monkeys in Perak still fighting for the silver-hair. Hey, monkey-politicians, you can have my grey-hairs, ok? Haha.
Liverpool is LUCKY to escape with a win against Pompey. MU too strong for them. No prize for the second place. But the victory over Chelsea showing that they are good and more confident this season. May be next year they could deliver ...
TEH
By-elections will be on in few seats, the monkeys in Perak still fighting for the silver-hair. Hey, monkey-politicians, you can have my grey-hairs, ok? Haha.
Liverpool is LUCKY to escape with a win against Pompey. MU too strong for them. No prize for the second place. But the victory over Chelsea showing that they are good and more confident this season. May be next year they could deliver ...
TEH
Sunday, February 8, 2009
Authentic Prayers
This what I will want to share this morning, after listeniing to our pastor trying(very hard, indeed) his best to clarify WHAT prayers meant. PRAYERS are a relationship with GOD. That is his point. My brothers/siisters, are you listening? DO you REALLY understand the meaning and WILL we look into ourselves to seeking for the meaning of PRAYERS?
I m not going to point it out as some Christians will be JUGDEMENTAL again, and in the event of defending themselves, they might asked me a question(again) "Are you BAPTISED?". It is like being a Maths teacher and you speak about a FINANCIAL concept(go to my http://www.cpteh.blogspot/ if you want to discuss about Economics, Investments and Finances), and people will QUESTION you "Are you are ECONOMICS or FINANCE graduates? MBA? PhD?". So, we could not further our discussion due to their narrow-mindedness.
Pastor made it clear ... we are praying to GOD, not for others(human) to know. We pray with HEART, spiritually ... not with out MOUTH, physically. Until you could understand the WHOLE CONCEPTS of religions(all over the world), the history of religions, how some religions(began with CULTS/BELIEFS) evolved, the teachings of the religion(the origin) ... to the preaching of our pastors(or whoever in charge) ... GET YOURSELF EDUCATED about the religion you are woorshipping, please. For GOD's sake.
I was there 10 minutes earlier(as usual, I dont go to work late, I dont go for classes late, a function that I WANTED to go late ...etc) ... less than 10% of the seats taken. I started with my personal prayers(relationship with GOD) ... and proceed to see what in store for this morning. Then, I read LUKE 1-13 as that will be our "topic" that the pastor will preach about. I re-read it to anticipate what the pastor going to say ... and imagining the application of the wordings in my LIFE!!
Next, when the worshipping starts, it takes sometime to blend into the music. BTW, I love music, just in case you don't know what MUSIC is all about. Praising LORD through music&songs is the best combination!! GOD created music for reasons, ok?
Well, I enjoyed myself, as always(in almost everything I do, anyway) ... I fully agreed with what is being shared today : PRAYERS are relationship with GOD. We do not need to pray in-front of others, pray it out-loud. We don't have to JUDGE how others pray or oover-analysing HOW prayers should be. Yes, some churches are still debating HOW a RIGHT prayers should be!! Incredible un-educated human!!
TEH
I m not going to point it out as some Christians will be JUGDEMENTAL again, and in the event of defending themselves, they might asked me a question(again) "Are you BAPTISED?". It is like being a Maths teacher and you speak about a FINANCIAL concept(go to my http://www.cpteh.blogspot/ if you want to discuss about Economics, Investments and Finances), and people will QUESTION you "Are you are ECONOMICS or FINANCE graduates? MBA? PhD?". So, we could not further our discussion due to their narrow-mindedness.
Pastor made it clear ... we are praying to GOD, not for others(human) to know. We pray with HEART, spiritually ... not with out MOUTH, physically. Until you could understand the WHOLE CONCEPTS of religions(all over the world), the history of religions, how some religions(began with CULTS/BELIEFS) evolved, the teachings of the religion(the origin) ... to the preaching of our pastors(or whoever in charge) ... GET YOURSELF EDUCATED about the religion you are woorshipping, please. For GOD's sake.
I was there 10 minutes earlier(as usual, I dont go to work late, I dont go for classes late, a function that I WANTED to go late ...etc) ... less than 10% of the seats taken. I started with my personal prayers(relationship with GOD) ... and proceed to see what in store for this morning. Then, I read LUKE 1-13 as that will be our "topic" that the pastor will preach about. I re-read it to anticipate what the pastor going to say ... and imagining the application of the wordings in my LIFE!!
Next, when the worshipping starts, it takes sometime to blend into the music. BTW, I love music, just in case you don't know what MUSIC is all about. Praising LORD through music&songs is the best combination!! GOD created music for reasons, ok?
Well, I enjoyed myself, as always(in almost everything I do, anyway) ... I fully agreed with what is being shared today : PRAYERS are relationship with GOD. We do not need to pray in-front of others, pray it out-loud. We don't have to JUDGE how others pray or oover-analysing HOW prayers should be. Yes, some churches are still debating HOW a RIGHT prayers should be!! Incredible un-educated human!!
TEH
Saturday, February 7, 2009
Sat : Feb 07 2009
Jacky Cheung 張學友 & Karen Tong 湯寶如 - Xiang Si Feng Yu Zhong / 相思風雨中
This is one of the very nice 'old' cantonese song by Jacky. And this is also the time when Karen becoming famous and I started to buy many of her albums. Hehe.
Morning .. I hv not blog for a while, as I m taking a break from this blog. I need to shut-off my emotions in MY OWN BLOG(I can't even CURSE as some f**king as*h*oles reading OTHERS blogs and get offended!! Unbelievable freedoom of expression in MALAYSIA! Haha).
So, since I could place my thoughts GENUINELY, there is not much of points to blog. This is OUR society ... backward and as I always put it ... UN-EDUCATED graduates!!
Look into Perak ... many may not feel strongly about it, but as I have followed Malaysian Politics for 15yrs now, I feel sad .. I feel frustrated ... and I feel ashamed to be MALAYSIAN. We are in REAL mess of governance ... from the running of the banks too running of our country. TOO many UN-EDUCATED people running the show, and they happy GAIN(SUCKERS) from the naive and STUPID public. Wake up, MALAYSIAN. We are REALLY PATHETIC.
MONEY ... money can buy frogs, and some moronic monkeys in the house. MONEY being the ultimate motives in ALMOST everything they do.
Cheering Competition
Ghee ... I enjoyed the competition so much, and I admired the coordinations done by the respective houses. We have Blue(Blue Rangers), Red(Red Indians), Pink(Mr Patrick of Spongebob) and Green(The Snake). They even have mascots!! Wow!! Hehe ... you could enjoy MUCH more if you know the songs they were singing(like me!! Hehe). Anyway, when you grow OLD, most lecturers NOT there to watch such an incredible show put up by our creative students. What a pity!
Tug-of-war ... under the rain, a silly me will be enjoying myself watching my students(the tough and rough ones) tugging away while their friends cheering for them. This is EDUCATION, man. I saw a 'good' girl splashing muds to her friends!! Haha ... funny, most ADULTS dont enjoy what they ENJOYED during their younger days? Nope, I m NOT going to enlighten them about motivation, living blah blah ... they are CANT handle the pressure the society placing on them.
Don't expect them to jump into the river, half--naked into cold water to ENJOY the nature, ok? Even some MIGHT have sllightly of "young mood", they will surely kill off their YOUNG spirits, in the name of PRIDE. What?? Me?? A lecturer jumping like a monkey into river-water? No students around? No way ... I have my PRIDE. I m NOT going to enjoy myself ... err ... I will prefer to entertain myself with ASTRO(channel 333 recommended as it is Hua-Hee Dai = Happiness channel, you might find your happiness there watching divorces, suicides .. u name it, they have it. Haha).
Anyway, in general ... not many enjoying my 'youth' like I do. Sometimes someone could said I m CHILDISH(I can't hear you ... what do u say again?). It is inferior-complexity in them. They failed to get EDUCATION as they are busy chasing paper-qualifications, HIGHER positions in their companies and of coz more MONEY? Talk to me about MONEY, I might help you to EARN a lot ... but with your pathetic DEGREES and UN-educated mind, I refuse to lower myself. Perhaps, I could suggest ... jump into the river, will ya?
TEH
p/s: BTW, I m driving Kancil ... you won't dare to ask my opinions regarding MONEY, will ya? LOL. What a joke!
This is one of the very nice 'old' cantonese song by Jacky. And this is also the time when Karen becoming famous and I started to buy many of her albums. Hehe.
Morning .. I hv not blog for a while, as I m taking a break from this blog. I need to shut-off my emotions in MY OWN BLOG(I can't even CURSE as some f**king as*h*oles reading OTHERS blogs and get offended!! Unbelievable freedoom of expression in MALAYSIA! Haha).
So, since I could place my thoughts GENUINELY, there is not much of points to blog. This is OUR society ... backward and as I always put it ... UN-EDUCATED graduates!!
Look into Perak ... many may not feel strongly about it, but as I have followed Malaysian Politics for 15yrs now, I feel sad .. I feel frustrated ... and I feel ashamed to be MALAYSIAN. We are in REAL mess of governance ... from the running of the banks too running of our country. TOO many UN-EDUCATED people running the show, and they happy GAIN(SUCKERS) from the naive and STUPID public. Wake up, MALAYSIAN. We are REALLY PATHETIC.
MONEY ... money can buy frogs, and some moronic monkeys in the house. MONEY being the ultimate motives in ALMOST everything they do.
Cheering Competition
Ghee ... I enjoyed the competition so much, and I admired the coordinations done by the respective houses. We have Blue(Blue Rangers), Red(Red Indians), Pink(Mr Patrick of Spongebob) and Green(The Snake). They even have mascots!! Wow!! Hehe ... you could enjoy MUCH more if you know the songs they were singing(like me!! Hehe). Anyway, when you grow OLD, most lecturers NOT there to watch such an incredible show put up by our creative students. What a pity!
Tug-of-war ... under the rain, a silly me will be enjoying myself watching my students(the tough and rough ones) tugging away while their friends cheering for them. This is EDUCATION, man. I saw a 'good' girl splashing muds to her friends!! Haha ... funny, most ADULTS dont enjoy what they ENJOYED during their younger days? Nope, I m NOT going to enlighten them about motivation, living blah blah ... they are CANT handle the pressure the society placing on them.
Don't expect them to jump into the river, half--naked into cold water to ENJOY the nature, ok? Even some MIGHT have sllightly of "young mood", they will surely kill off their YOUNG spirits, in the name of PRIDE. What?? Me?? A lecturer jumping like a monkey into river-water? No students around? No way ... I have my PRIDE. I m NOT going to enjoy myself ... err ... I will prefer to entertain myself with ASTRO(channel 333 recommended as it is Hua-Hee Dai = Happiness channel, you might find your happiness there watching divorces, suicides .. u name it, they have it. Haha).
Anyway, in general ... not many enjoying my 'youth' like I do. Sometimes someone could said I m CHILDISH(I can't hear you ... what do u say again?). It is inferior-complexity in them. They failed to get EDUCATION as they are busy chasing paper-qualifications, HIGHER positions in their companies and of coz more MONEY? Talk to me about MONEY, I might help you to EARN a lot ... but with your pathetic DEGREES and UN-educated mind, I refuse to lower myself. Perhaps, I could suggest ... jump into the river, will ya?
TEH
p/s: BTW, I m driving Kancil ... you won't dare to ask my opinions regarding MONEY, will ya? LOL. What a joke!
Monday, February 2, 2009
Liverpool 2 - Chelsea 0
Yes, Liverpool WON. Hehe. They certainly need to beat MU and also continue to wiin all the game IF they are going to catch MU. With three consecutive draws, it is becoming very challenging now.
TEH
TEH
Sunday, February 1, 2009
Mindset about MONEY
OK : I m going to re-phrase what my doc-friend(call him JL) ask a good surprising question. Teh, I have a ONE MILLION DOLLAR question for you.
What does it takes to be as knowledgable and as good as you are now?
*(I need to remind others and my friend JL that I m ONLY one year in KLSE and with only 20% knowledge, so ... I m NOT good at all in my trading/investment. Please understand that a ONE YEAR experience doctor, lecturer, engineer or what-so-ever could NOT claim they are good and experienced, right?? You work in an accounting firm as Financial Consultant for a year(with degree in Finance Management), will you be able to advise large companies on their financial prospects? THINK!!)*
I thought about it for a while, trying to recall what I have done to be where I m now. There were simply too many pointers and over-helming if I need to list out things I have done RIGHT or MISTAKES I have erred. Then, I concluded that the answer should be MINDSET.
Your MINDSET determines your success in almost everything you do, particularly things related to USING BRAIN. Many things we are doing we need to use of BRAIN. The ways you see things are VERY IMPORTANT as that is your MENTALITY. You may be smart enough to KNOW it, or otherwise ... you may want to remain being 'dumb' refusing to KNOW yourself.
Wrestling in WWF is NOT one of them. That is one of the brainless "entertainers" flexing muscles, and of coz we have many ridiculously stupid human watching it for hours(even to BUY its DVD), enjoying the violence in front of their kids!! The one earning MONEY is the man behind the management who exploits the stupidity of the whole society. That is HUGE business they are dealing with here. To add to the "fun", they will get those sexily clad females to talk rough, talk dirty and of coz showing their "assets". Human, particularly MALE love these. Simple MONEY making concepts : Exploit on the weakness of general male. They fantasizing of huge muscles(and they thought female loves muscles!!), lean body, ability to WHACK someone with their fists or kick-ass. They will be IMAGINING themselves doing stuff that beyond themselves in reality, and REALITY is painful ... hence, this is just ONE of the many of their escapade venues.
MINDSET about MONEY. How do you view MONEY is VERY important in trading/investing as we are dealing with MONEY. Every click of the mouse, I m transferring MONEY, buy or sell to someone. Demand/Supply took place and the one with stronger, yet right MINDSET shall prevail. This the MOST essential FIRST step if you ever think of benefitting from your investment. HOW far you could open your narrowed-mind(due to years of brain-washing from your surrounding people), the journey is in your control.
Say, you are those FEW smart ones(like JL) who understand this SIMPLE yet powerful money-welcoming concept, then you will have a head-start compared to MANY MANY(80% of our society) who still struggling internally regarding MONEY.
Therefore, CHANGE the way you see about money, and the WEALTH will be with you!! Am I guaranteeing you that?? Nope ... loooong way to go, but that is the FIRST STEP, in my opinion. Placing a good and right foundations are my KEY of learning and educating myself. No point you speak about Bollinger Bands(for those TA) or what EPS/PE/NTA values mean(for those FA) when you can't even UNDERSTAND you must MASTER your own mindset ... and taking advantage of the HERD MENTALITY.
Herd Mentality
This is again and again being said BUT human habits are hard to break. We have our new year resolutions at the beginning of the year(and done that YEARLY) but HOW many % of those with NEW YEAR RESOLUTIONS really follow through certain % of their OWN resolutions. You may see in as GOALS.
"Herd" = Majority.
As I have pointed out that 80% of them are losing MONEY in markets, WHY would you be just one of them? IT DOESNT make any sense to me, but I recognised that MAJORITY will NOT make sense when it comes to MONEY. MONEY is a TABOO issue NOT to be known by others!! Not even your salary or income should be known by anyone, including your spouses!! WOW!! Also, MONEY that we spend ... many of the "HERDS" like to BUY things they ill-afford to SHOW OFF. WOW!! Amazing, isnt it?
MONEY is really EMOTIONALLY attached to all of us ... that we follow the HERDS without questioning!! If we do question about the "LOGIC", we will be seen as STUPID, WEIRDO ... all sort of names I could 'feel' people brand others for NOT being in the HERD. haha ...
I should know better as I defied human stupidity, but in return I m branded as STUPID. Haha. To me, it is a great joke and contradiction. I seems to always AGAINST the HERD in almost anything I do, as I m strong enough to accept their ignorance or lack of understanding of things they do, especially relating to MONEY. I should know too as I was one of them!!
Yes, in conclusion ... we do NOT think logically when it comes to money on how the money moves, how we could earn more by reducing our expenses and how we use our savings to INVEST intelligently. It is wealth accumulation ... then, we still have to educate ourselves about wealth management.
Incredible ... we are graduates, but we are NEVER being taught such basic concepts of personal finance. An economy lecturer could speak to you about other country demand-supply or economy situations, but fail in "micro-economy" in their own personal sense.
See it this way ... your whole family is MACRO and you individually is MICRO. Then, the economic lecturer will be considered as SMART enough to apply what he/she has been preaching to ALL his/her students. Is making money Science or Arts? Neither. It is BOTH, in my opinion.Are you still with me? I m answering him ONE MILLION DOLLAR question. You may NOT trust me, but I believe he is convinced that right investing MINDSET is the initial step. We have not even speak about profitting from markets. Please understand that MONEY WILL COME TO YOU when you have the RIGHT mentality about MONEY.I want to quote from REMNANT888's blog : Be the person who move the MONEY, not being moved by MONEY. Heard of it before? THINK over it deeply ... are you moving the money or the money moving you? Do you feel tempted to BUY that latest car and trade your car(with huge % losses) and tighten your belts monthly to pay the BANK for that new car? How low your FQ could be? Ignore me if you are the 20% those rich ones, or those 80% who still struggling about finances but refuse to listen.Belinda Carlisle - (We Want) The Same Thing
IQ : Visit http://www.highiqsociety.org/ to test your IQ.General Malaysians have an average IQ of 98. But, as you could be reading these lines, I shall place your IQ above 105 easily. Go to the site above for a free IQ test(you don't have to LIE or show anyone) ... if your IQ above 120, I will be glad as you will be more able to read my lines with better understanding and also could comprehend better any books you read. If your IQ above 127, they will provide you with free IQ analysis and invite you to be the elite of the HIGH IQ society. Interesting? Hehe ...Now, you DO NOT need to have high IQ to gain very much from investing. That is FACT. So, dont worry too much about IQ. I m pointing this out as many professionals(especially young ones) with considerable high IQ could NOT use their ability to think/analyse when it comes to MONEY. But, the higher your IQ, I could at least find it easier to explain some concepts which might be too "complex" for your brain capacity. I know I sound arrogant when I mentioned IQ to JL yesterday. He is a doctor, could even relate how he deal with his patients with economies ... so, I will rate his IQ as high.A high IQ person has a slight advantage : He/she could analyse fast, see beyond things that "normal IQ" person could see, could understand things in faster rate ... and yes, know how to relate two different situations and see the similarities. This is an advantage but not huge over others. Believe me that my idol Buffett might not has the highest of IQ but smartest(so far la) person in investing successfully for decades!!
EQ : This is related to your EMOTIONS. You can't say you DO NOT have emotions towards money. It could be obsession(greed), love and hate, fear of its evil roots ... MONEY will make us VERY emotional. I have "trained" myself to be immuned of money since I was in Uni year.During 97/98 crisis, many lost A LOT of money in KLSE. Many contemplating taking their lives as they feel that they lost 'everything'. Note that it is currently happening in MANY countries, particularly in China or those involved in Mad-off Ponzi scheme. Or in any GET-RICH scheme. WHY such a scheme could go far and making its "investors" BELIEVE they could get-rich-fast? WHO won't want to get RICH, real RICH FAST? Fast track your fiinancial brain? Don't you think so it VERY much involving EMOTIONS here? So, are you good in controlling your emotion when it comes MONEY? Your EQ becoming very crucial when it comes to taking control of our emotion. Being in CONTROL is VERY crucial when we make decision in our trading and/or investing decisions. When to BUY what ... and WHY?I m seeing the dive in markets as HUGE crisis-opportunities for anyone who know-how to take advantage on the situation. So, I m EMOTIONALLY charged ... excite by some economic news, listening to the flow of news ... but I m NOT sitting here blogging without have the control of my emotions. I have mixed feeling about the whole global economic situations, actually. While I know I could be in-FOCUS about my plans and get too excited about it, I m also feeling "pitiful" as I could NOT share with so many around me about this opportunities!! I could only TRY to convince them that all these "bad" years 2008-2010 will be my BEST years in my wealth accumulation stage. How I wish they will listen. Well, at least my friend JL starts to listen ... and sharing my 'experiences', and seeing HUGE opportunities ahead of us ... we share THE SAME THING --- a goal to be financially free.Perhaps I could start to charge tuition fees from my readers? haha. No free lunches, remember? In 3 or 4 years time, YES ... I will charge those come to me for knowledge, once I establish myself ... and proven that my hard-work really works? Do you think so? Hmm .... I don't know but I will continue to listen to those know-how and learn ...
FQ : With IQ + EQ, we need to increase our knowledge about MONEY. That will be FQ. YES, our EDUCATION system teaching us to be EMPLOYEES. Do read "Rich dad, Poor dad". That was one of my first MONEY-related book. It did not write about MONEY, actually but enlightening us about our EDUCATION system where we could never free ourselves FINANCIALLY ... and retire young IF we wanted to. We will be so-called stuck in our job routines and most of us DENYING that we work for survival ... or for the salary!! You may be a highly-paid manager or a simple lecturer like me. We still depends on our salary to keep-up with our lifestyle, agree?In order for us to be better-off than our colleagues or people surrounding us financially, we need to INCREASE our FQ. This is NOT in-born. IQ might be(but can be increased too) and EQ could be developed. FQ could be cultivated and re-learn ... take me as an example!! Hehe ...So, we need to have at least certain level of IQ, maturing to increase our EQ and we should look into to increase our FQ. I wish all the best ... and since I m giving "tuition" to JL, I will write about what I m sharing with him(only to certain extent as it will be too lengthy and boring for punters brain!! Haha).I shared with him my 5-year plan just now. This is the first time I shared with anyone at all. NOt even my wife know about my plans. WHY? Because my surrounding people are "normal" IQ with NOT strong EQ and quite a low FQ. It is not really possible to share with them.
My 5-year plan.
Year 1 : Change mindset. Earn as much as capitals. Learn to trade/invest KLSE.
Year 2 : Trade in foreign markets. Learn put/call options. Invest in US.
Year 3 : Look into to BUY property and learn to invest.
Year 4 : Wealth Management.
Year 5 : Teach 'investing' concepts. Have my own training center.
What does it takes to be as knowledgable and as good as you are now?
*(I need to remind others and my friend JL that I m ONLY one year in KLSE and with only 20% knowledge, so ... I m NOT good at all in my trading/investment. Please understand that a ONE YEAR experience doctor, lecturer, engineer or what-so-ever could NOT claim they are good and experienced, right?? You work in an accounting firm as Financial Consultant for a year(with degree in Finance Management), will you be able to advise large companies on their financial prospects? THINK!!)*
I thought about it for a while, trying to recall what I have done to be where I m now. There were simply too many pointers and over-helming if I need to list out things I have done RIGHT or MISTAKES I have erred. Then, I concluded that the answer should be MINDSET.
Your MINDSET determines your success in almost everything you do, particularly things related to USING BRAIN. Many things we are doing we need to use of BRAIN. The ways you see things are VERY IMPORTANT as that is your MENTALITY. You may be smart enough to KNOW it, or otherwise ... you may want to remain being 'dumb' refusing to KNOW yourself.
Wrestling in WWF is NOT one of them. That is one of the brainless "entertainers" flexing muscles, and of coz we have many ridiculously stupid human watching it for hours(even to BUY its DVD), enjoying the violence in front of their kids!! The one earning MONEY is the man behind the management who exploits the stupidity of the whole society. That is HUGE business they are dealing with here. To add to the "fun", they will get those sexily clad females to talk rough, talk dirty and of coz showing their "assets". Human, particularly MALE love these. Simple MONEY making concepts : Exploit on the weakness of general male. They fantasizing of huge muscles(and they thought female loves muscles!!), lean body, ability to WHACK someone with their fists or kick-ass. They will be IMAGINING themselves doing stuff that beyond themselves in reality, and REALITY is painful ... hence, this is just ONE of the many of their escapade venues.
MINDSET about MONEY. How do you view MONEY is VERY important in trading/investing as we are dealing with MONEY. Every click of the mouse, I m transferring MONEY, buy or sell to someone. Demand/Supply took place and the one with stronger, yet right MINDSET shall prevail. This the MOST essential FIRST step if you ever think of benefitting from your investment. HOW far you could open your narrowed-mind(due to years of brain-washing from your surrounding people), the journey is in your control.
Say, you are those FEW smart ones(like JL) who understand this SIMPLE yet powerful money-welcoming concept, then you will have a head-start compared to MANY MANY(80% of our society) who still struggling internally regarding MONEY.
Therefore, CHANGE the way you see about money, and the WEALTH will be with you!! Am I guaranteeing you that?? Nope ... loooong way to go, but that is the FIRST STEP, in my opinion. Placing a good and right foundations are my KEY of learning and educating myself. No point you speak about Bollinger Bands(for those TA) or what EPS/PE/NTA values mean(for those FA) when you can't even UNDERSTAND you must MASTER your own mindset ... and taking advantage of the HERD MENTALITY.
Herd Mentality
This is again and again being said BUT human habits are hard to break. We have our new year resolutions at the beginning of the year(and done that YEARLY) but HOW many % of those with NEW YEAR RESOLUTIONS really follow through certain % of their OWN resolutions. You may see in as GOALS.
"Herd" = Majority.
As I have pointed out that 80% of them are losing MONEY in markets, WHY would you be just one of them? IT DOESNT make any sense to me, but I recognised that MAJORITY will NOT make sense when it comes to MONEY. MONEY is a TABOO issue NOT to be known by others!! Not even your salary or income should be known by anyone, including your spouses!! WOW!! Also, MONEY that we spend ... many of the "HERDS" like to BUY things they ill-afford to SHOW OFF. WOW!! Amazing, isnt it?
MONEY is really EMOTIONALLY attached to all of us ... that we follow the HERDS without questioning!! If we do question about the "LOGIC", we will be seen as STUPID, WEIRDO ... all sort of names I could 'feel' people brand others for NOT being in the HERD. haha ...
I should know better as I defied human stupidity, but in return I m branded as STUPID. Haha. To me, it is a great joke and contradiction. I seems to always AGAINST the HERD in almost anything I do, as I m strong enough to accept their ignorance or lack of understanding of things they do, especially relating to MONEY. I should know too as I was one of them!!
Yes, in conclusion ... we do NOT think logically when it comes to money on how the money moves, how we could earn more by reducing our expenses and how we use our savings to INVEST intelligently. It is wealth accumulation ... then, we still have to educate ourselves about wealth management.
Incredible ... we are graduates, but we are NEVER being taught such basic concepts of personal finance. An economy lecturer could speak to you about other country demand-supply or economy situations, but fail in "micro-economy" in their own personal sense.
See it this way ... your whole family is MACRO and you individually is MICRO. Then, the economic lecturer will be considered as SMART enough to apply what he/she has been preaching to ALL his/her students. Is making money Science or Arts? Neither. It is BOTH, in my opinion.Are you still with me? I m answering him ONE MILLION DOLLAR question. You may NOT trust me, but I believe he is convinced that right investing MINDSET is the initial step. We have not even speak about profitting from markets. Please understand that MONEY WILL COME TO YOU when you have the RIGHT mentality about MONEY.I want to quote from REMNANT888's blog : Be the person who move the MONEY, not being moved by MONEY. Heard of it before? THINK over it deeply ... are you moving the money or the money moving you? Do you feel tempted to BUY that latest car and trade your car(with huge % losses) and tighten your belts monthly to pay the BANK for that new car? How low your FQ could be? Ignore me if you are the 20% those rich ones, or those 80% who still struggling about finances but refuse to listen.Belinda Carlisle - (We Want) The Same Thing
IQ : Visit http://www.highiqsociety.org/ to test your IQ.General Malaysians have an average IQ of 98. But, as you could be reading these lines, I shall place your IQ above 105 easily. Go to the site above for a free IQ test(you don't have to LIE or show anyone) ... if your IQ above 120, I will be glad as you will be more able to read my lines with better understanding and also could comprehend better any books you read. If your IQ above 127, they will provide you with free IQ analysis and invite you to be the elite of the HIGH IQ society. Interesting? Hehe ...Now, you DO NOT need to have high IQ to gain very much from investing. That is FACT. So, dont worry too much about IQ. I m pointing this out as many professionals(especially young ones) with considerable high IQ could NOT use their ability to think/analyse when it comes to MONEY. But, the higher your IQ, I could at least find it easier to explain some concepts which might be too "complex" for your brain capacity. I know I sound arrogant when I mentioned IQ to JL yesterday. He is a doctor, could even relate how he deal with his patients with economies ... so, I will rate his IQ as high.A high IQ person has a slight advantage : He/she could analyse fast, see beyond things that "normal IQ" person could see, could understand things in faster rate ... and yes, know how to relate two different situations and see the similarities. This is an advantage but not huge over others. Believe me that my idol Buffett might not has the highest of IQ but smartest(so far la) person in investing successfully for decades!!
EQ : This is related to your EMOTIONS. You can't say you DO NOT have emotions towards money. It could be obsession(greed), love and hate, fear of its evil roots ... MONEY will make us VERY emotional. I have "trained" myself to be immuned of money since I was in Uni year.During 97/98 crisis, many lost A LOT of money in KLSE. Many contemplating taking their lives as they feel that they lost 'everything'. Note that it is currently happening in MANY countries, particularly in China or those involved in Mad-off Ponzi scheme. Or in any GET-RICH scheme. WHY such a scheme could go far and making its "investors" BELIEVE they could get-rich-fast? WHO won't want to get RICH, real RICH FAST? Fast track your fiinancial brain? Don't you think so it VERY much involving EMOTIONS here? So, are you good in controlling your emotion when it comes MONEY? Your EQ becoming very crucial when it comes to taking control of our emotion. Being in CONTROL is VERY crucial when we make decision in our trading and/or investing decisions. When to BUY what ... and WHY?I m seeing the dive in markets as HUGE crisis-opportunities for anyone who know-how to take advantage on the situation. So, I m EMOTIONALLY charged ... excite by some economic news, listening to the flow of news ... but I m NOT sitting here blogging without have the control of my emotions. I have mixed feeling about the whole global economic situations, actually. While I know I could be in-FOCUS about my plans and get too excited about it, I m also feeling "pitiful" as I could NOT share with so many around me about this opportunities!! I could only TRY to convince them that all these "bad" years 2008-2010 will be my BEST years in my wealth accumulation stage. How I wish they will listen. Well, at least my friend JL starts to listen ... and sharing my 'experiences', and seeing HUGE opportunities ahead of us ... we share THE SAME THING --- a goal to be financially free.Perhaps I could start to charge tuition fees from my readers? haha. No free lunches, remember? In 3 or 4 years time, YES ... I will charge those come to me for knowledge, once I establish myself ... and proven that my hard-work really works? Do you think so? Hmm .... I don't know but I will continue to listen to those know-how and learn ...
FQ : With IQ + EQ, we need to increase our knowledge about MONEY. That will be FQ. YES, our EDUCATION system teaching us to be EMPLOYEES. Do read "Rich dad, Poor dad". That was one of my first MONEY-related book. It did not write about MONEY, actually but enlightening us about our EDUCATION system where we could never free ourselves FINANCIALLY ... and retire young IF we wanted to. We will be so-called stuck in our job routines and most of us DENYING that we work for survival ... or for the salary!! You may be a highly-paid manager or a simple lecturer like me. We still depends on our salary to keep-up with our lifestyle, agree?In order for us to be better-off than our colleagues or people surrounding us financially, we need to INCREASE our FQ. This is NOT in-born. IQ might be(but can be increased too) and EQ could be developed. FQ could be cultivated and re-learn ... take me as an example!! Hehe ...So, we need to have at least certain level of IQ, maturing to increase our EQ and we should look into to increase our FQ. I wish all the best ... and since I m giving "tuition" to JL, I will write about what I m sharing with him(only to certain extent as it will be too lengthy and boring for punters brain!! Haha).I shared with him my 5-year plan just now. This is the first time I shared with anyone at all. NOt even my wife know about my plans. WHY? Because my surrounding people are "normal" IQ with NOT strong EQ and quite a low FQ. It is not really possible to share with them.
My 5-year plan.
Year 1 : Change mindset. Earn as much as capitals. Learn to trade/invest KLSE.
Year 2 : Trade in foreign markets. Learn put/call options. Invest in US.
Year 3 : Look into to BUY property and learn to invest.
Year 4 : Wealth Management.
Year 5 : Teach 'investing' concepts. Have my own training center.
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