Friday, January 7, 2011

Portfolio Update – 6 Jan 2011

ABTERRA
Monthly – Not enough historical data
Weekly – Reaching oversold
Daily – In oversold region

Strategy – Sell at 1.4 and buy on retracement


LMIR
Monthly – Not enough historical data
Weekly – Reaching oversold
Daily – In oversold region

Strategy – Sell at 0.57 and buy back at 0.54


ANNICA
Monthly – Pending reversal
Weekly – Down -ve
Daily – Down -ve

Strategy – Buy at 0.035


RAFFLES EDU
Monthly – Near reversal
Weekly – Up till 0.3 or 0.315 +ve
Daily – In oversold region

Strategy – sell at 0.3 or 0.315 and buy back at buy back at 0.265 or 0.255


PENGUIN
Monthly – Reversal +ve
Weekly – Up +ve
Daily – Up +ve

Strategy – Monitor and sell at oversold region next week


CHINA SPORTS
Monthly - Reversal
Weekly – Up +ve
Daily – Reaching oversold

Strategy – Sell partial at 0.135 or all at 0.14

EUNETWORK
Monthly - Up +ve
Weekly – Up +ve
Daily - ???

Strategy - monitor

Thursday, December 16, 2010

Portfolio update

1. Abterra
- Weekly Chart : inconclusive ??
- Daily Chart : trending down. Sell at rebound resistance or buy at reversal ??

2. AIMS
- Weekly Chart : trend is going down. Wait for rebound and sell at resistance at $0.225 -ve
- Daily Chart :  Possible downtrend -ve

3. Annica
- Weekly Chart : near bottom. Waiting for reversal +ve
- Daily Chart : possible reversal +ve
- Corporate Action : Private placement -ve

4. China Sports
- Weekly Chart : near bottom. Waiting for reversal +ve
- Daily Chart : possible reversal +ve
- Corporate Action :  Loss of FIFA distribution rights

5. Eunetworks

- Weekly Chart : near bottom. Waiting for reversal +ve
- Daily Chart : sideways
- Corporate Action :  Grant share option below market price

6. LippoMapleT

- Weekly Chart : Uptrend. near support. Buy at 0.505 +ve
- Daily Chart : sideways

7. Penguin
- Weekly Chart : Near Reversal +ve

- Daily Chart : Uptrend. Buy at reboundat 0.11 +ve

8. Raffles Edu
- Weekly Chart : Near Reversal +ve

- Daily Chart : Near Reversal +ve
- Corporate Action : Poor Quarterly results. Opening of new academy. Daily share buyback.




4.  China Sports
- Weekly Chart : near bottom. Waiting for reversal +ve
- Daily Chart : possible reversal +ve
- Corporate Action :Terminatation of FIFA distribution rights -ve

5. Eunetworks
- Weekly Chart : near bottom. Waiting for reversal +ve
- Daily Chart : sideways

6. LippoMapleT
- Weekly Chart : Uptrend. At support. Buy at 0.505 +ve
- Daily Chart : sideways

Tuesday, December 14, 2010

How to Deal with Insurance Agents

How to deal with insurance agents?

1.The first sign is if the agent starts telling you how good his or her whole life product is, you better run as fast as you can. This is the product pusher that you shouldn't trust. He or she is not going to care whether your needs are met or not as long his or hers is.

2.If the agent tells that it is required by law to fill up some form details and appears to conduct something that looks like need analysis but recommends you a whole life with sum assured far short of the analysis you can also run as fast as you can. Or if he or she tells you can buy the short fall some other time and if you hear this you can shoot off like a bullet and never turn back.

3.If the agent asks if you have budget for the insurance and starts to generate a quotation for you based on the budget you give him or her you can write him or her off. This is another product pusher that appears only to meet your budget.

4. If the agent meets you with a few quotations with different amount of sum assured, this is yet another product pusher. This agent is offering you different models.You have to find out YOURSELF which suits you. You are the adviser yourself.

5.If the meeting place is your home and the agent brings some food or gift for your children the agents intends to induce or to make you 'paisay' so that you will buy out of obligation and not for financial reason.

6.If the an agent tells how sincere or caring she is you can be sure that your financial life will be disastrous..

7.If a woman agent sits too near to be comfortable you can be sure the outcome is not due to financial needs that you buy.

8.If an agent takes out a newspaper cutting to highlight the threat of illness he or she is indeed threatening you to buy and if not they will curse you.

9.If the agent tells the company is having a gift promotion he or she is trying to test your greed and your reason to buy is greed and not financial needs.

10.If the agent shows you the MDRT or COT or TOT logo on his or her name card quickly clutch your money purse or credit and run because they are thieves. The logos are actually MDRThief, COThief or TOThief. These thieves sell only whole life , endowment or regular ILPs which earn them very high commission to earn these logos.

11. Never ,never buy from your brother or sister or your relatives or from your friends because you are the insurance agent's guinea pigs and he or she is practicing on you and you WILL NEVER GET THE RIGHT ADVICE AND PRODUCT.

12.Treat all insurance as suspects and ask them for thier experience, their credentials and whether they are honest. honest? hear what they have to say.




The above are some tips and signs to look out for if you are dealing with insurance agents.Remember they are chameleon. They can camouflage . They are graduates from some drama schools.

Extract from here.

Monday, December 13, 2010

Finance Planning and Tracking

Financial Structure
Financial Projects
Example of Acct categorization


Get more details here

Transcript of Commencement Speech at Stanford given by Steve Jobs

Thank you. I'm honored to be with you today for your commencement from one of the finest universities in the world. Truth be told, I never graduated from college and this is the closest I've ever gotten to a college graduation.

Today I want to tell you three stories from my life. That's it. No big deal. Just three stories. The first story is about connecting the dots.

I dropped out of Reed College after the first six months but then stayed around as a drop-in for another eighteen months or so before I really quit. So why did I drop out? It started before I was born. My biological mother was a young, unwed graduate student, and she decided to put me up for adoption. She felt very strongly that I should be adopted by college graduates, so everything was all set for me to be adopted at birth by a lawyer and his wife, except that when I popped out, they decided at the last minute that they really wanted a girl. So my parents, who were on a waiting list, got a call in the middle of the night asking, "We've got an unexpected baby boy. Do you want him?" They said, "Of course." My biological mother found out later that my mother had never graduated from college and that my father had never graduated from high school. She refused to sign the final adoption papers. She only relented a few months later when my parents promised that I would go to college.

This was the start in my life. And seventeen years later, I did go to college, but I naïvely chose a college that was almost as expensive as Stanford, and all of my working-class parents' savings were being spent on my college tuition. After six months, I couldn't see the value in it. I had no idea what I wanted to do with my life, and no idea of how college was going to help me figure it out, and here I was, spending all the money my parents had saved their entire life. So I decided to drop out and trust that it would all work out OK. It was pretty scary at the time, but looking back, it was one of the best decisions I ever made. The minute I dropped out, I could stop taking the required classes that didn't interest me and begin dropping in on the ones that looked far more interesting.

It wasn't all romantic. I didn't have a dorm room, so I slept on the floor in friends' rooms. I returned Coke bottles for the five-cent deposits to buy food with, and I would walk the seven miles across town every Sunday night to get one good meal a week at the Hare Krishna temple. I loved it. And much of what I stumbled into by following my curiosity and intuition turned out to be priceless later on. Let me give you one example.

Reed College at that time offered perhaps the best calligraphy instruction in the country. Throughout the campus every poster, every label on every drawer was beautifully hand-calligraphed. Because I had dropped out and didn't have to take the normal classes, I decided to take a calligraphy class to learn how to do this. I learned about serif and sans-serif typefaces, about varying the amount of space between different letter combinations, about what makes great typography great. It was beautiful, historical, artistically subtle in a way that science can't capture, and I found it fascinating.
None of this had even a hope of any practical application in my life. But ten years later when we were designing the first Macintosh computer, it all came back to me, and we designed it all into the Mac. It was the first computer with beautiful typography. If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts, and since Windows just copied the Mac, it's likely that no personal computer would have them.
If I had never dropped out, I would have never dropped in on that calligraphy class and personals computers might not have the wonderful typography that they do.

Of course it was impossible to connect the dots looking forward when I was in college, but it was very, very clear looking backwards 10 years later. Again, you can't connect the dots looking forward. You can only connect them looking backwards, so you have to trust that the dots will somehow connect in your future. You have to trust in something--your gut, destiny, life, karma, whatever--because believing that the dots will connect down the road will give you the confidence to follow your heart, even when it leads you off the well-worn path, and that will make all the difference.

My second story is about love and loss. I was lucky. I found what I loved to do early in life. Woz and I started Apple in my parents' garage when I was twenty. We worked hard and in ten years, Apple had grown from just the two of us in a garage into a $2 billion company with over 4,000 employees. We'd just released our finest creation, the Macintosh, a year earlier, and I'd just turned thirty, and then I got fired. How can you get fired from a company you started? Well, as Apple grew, we hired someone who I thought was very talented to run the company with me, and for the first year or so, things went well. But then our visions of the future began to diverge, and eventually we had a falling out. When we did, our board of directors sided with him, and so at thirty, I was out, and very publicly out. What had been the focus of my entire adult life was gone, and it was devastating. I really didn't know what to do for a few months. I felt that I had let the previous generation of entrepreneurs down, that I had dropped the baton as it was being passed to me. I met with David Packard and Bob Noyce and tried to apologize for screwing up so badly. I was a very public failure and I even thought about running away from the Valley. But something slowly began to dawn on me. I still loved what I did. The turn of events at Apple had not changed that one bit. I'd been rejected but I was still in love. And so I decided to start over.
I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods in my life. During the next five years I started a company named NeXT, another company named Pixar and fell in love with an amazing woman who would become my wife. Pixar went on to create the world's first computer-animated feature film, "Toy Story," and is now the most successful animation studio in the world.

In a remarkable turn of events, Apple bought NeXT and I returned to Apple and the technology we developed at NeXT is at the heart of Apple's current renaissance, and Lorene and I have a wonderful family together.

I'm pretty sure none of this would have happened if I hadn't been fired from Apple. It was awful-tasting medicine but I guess the patient needed it. Sometimes life's going to hit you in the head with a brick. Don't lose faith. I'm convinced that the only thing that kept me going was that I loved what I did. You've got to find what you love, and that is as true for work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work, and the only way to do great work is to love what you do. If you haven't found it yet, keep looking, and don't settle. As with all matters of the heart, you'll know when you find it, and like any great relationship it just gets better and better as the years roll on. So keep looking. Don't settle.
My third story is about death. When I was 17 I read a quote that went something like "If you live each day as if it was your last, someday you'll most certainly be right." It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself, "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "no" for too many days in a row, I know I need to change something. Remembering that I'll be dead soon is the most important thing I've ever encountered to help me make the big choices in life, because almost everything--all external expectations, all pride, all fear of embarrassment or failure--these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.

About a year ago, I was diagnosed with cancer. I had a scan at 7:30 in the morning and it clearly showed a tumor on my pancreas. I didn't even know what a pancreas was. The doctors told me this was almost certainly a type of cancer that is incurable, and that I should expect to live no longer than three to six months. My doctor advised me to go home and get my affairs in order, which is doctors' code for "prepare to die." It means to try and tell your kids everything you thought you'd have the next ten years to tell them, in just a few months. It means to make sure that everything is buttoned up so that it will be as easy as possible for your family. It means to say your goodbyes.

I lived with that diagnosis all day. Later that evening I had a biopsy where they stuck an endoscope down my throat, through my stomach into my intestines, put a needle into my pancreas and got a few cells from the tumor. I was sedated but my wife, who was there, told me that when they viewed the cells under a microscope, the doctor started crying, because it turned out to be a very rare form of pancreatic cancer that is curable with surgery. I had the surgery and, thankfully, I am fine now.
This was the closest I've been to facing death, and I hope it's the closest I get for a few more decades. Having lived through it, I can now say this to you with a bit more certainty than when death was a useful but purely intellectual concept. No one wants to die, even people who want to go to Heaven don't want to die to get there, and yet, death is the destination we all share. No one has ever escaped it. And that is as it should be, because death is very likely the single best invention of life. It's life's change agent; it clears out the old to make way for the new. right now, the new is you. But someday, not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it's quite true. Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma, which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice, heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

When I was young, there was an amazing publication called The Whole Earth Catalogue, which was one of the bibles of my generation. It was created by a fellow named Stuart Brand not far from here in Menlo Park, and he brought it to life with his poetic touch. This was in the late Sixties, before personal computers and desktop publishing, so it was all made with typewriters, scissors, and Polaroid cameras. it was sort of like Google in paperback form thirty-five years before Google came along. I was idealistic, overflowing with neat tools and great notions. Stuart and his team put out several issues of the The Whole Earth Catalogue, and then when it had run its course, they put out a final issue. It was the mid-Seventies and I was your age. On the back cover of their final issue was a photograph of an early morning country road, the kind you might find yourself hitchhiking on if you were so adventurous. Beneath were the words, "Stay hungry, stay foolish." It was their farewell message as they signed off. "Stay hungry, stay foolish." And I have always wished that for myself, and now, as you graduate to begin anew, I wish that for you. Stay hungry, stay foolish.

Thank you all, very much.
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