Who stole my cheese?

You know, this particular unit trust I’ve been eyeing has been having 23% gains on average every month.

God damn, sitting on my ass every day, I could more than double my money in 4 months.

Then, my sister takes forever in setting up my account, the internet banking lag time is 2 days, the online fund house lag time is 2 days, so by the time my purchase gets through, I lose out on the gains in that few days.

But now I’m the proud owner of the HGIF Chinese Equity fund.

Yes, the proud owner of shit.

On the bus today, they were talking about the spillover of the US sub-prime markets, that the US will be in near recession by next year.

Who cares about the US? China and HK stocks weren’t very much shaken in August when the whole sub-prime thing blew up. They recovered, and have resumed their pre-August values.

BUT, then they went to talk about a whole slew of other shit that predicts that Asian stocks will tumble.

And tumble it did. The Hang Seng tumbled by 3.5% today.

And my value of my trust was Friday’s value (pre-Monday tumble).

Shit man. In the first place, I don’t even understand what the hell sub-prime is, and I can barely comprehend a single thing they say on channel news asia.

I watched the news for 15 mins on the bus, and all I understood was the stuff in bold above.

Haha. I am so going to lose my money.

On the other hand, the tumble is alright. I can always buy more, and hope that when you average it out its ok. Anyways the only reason why I’m buying China UTs is because of the ching-chang-chong Olympics in 2008. Hope that that spillover effect will benefit me, and not some speculative US loans crap which requires a PHD in economical bullshit to understand, that will cause me to lose my university reward money.

So I guess I shouldn't even bother with all this stuff, cos I'll end up losing my money. But if no one loses money, how are others supposed to gain? Anyways, all in all there will be gains, it just depends on whether my gains will be in peanuts or Singapore dollars.

Speaking of money, my Hari Raya yield is getting lower and lower. Sure, my mum gives more, along with my sisters and brother in law. But relatives are giving peanuts or none at all.

And they’re starting to ask about whether I’m getting married soon or not. Get a life man. Marriage. That’s the only thing on a Mat or Minah’s mind. And apparently my Chinese and Indian colleagues’ minds also.
They get married in NS, then a baby, or heck, sometimes the babies come first.

Hoho.

But they don’t think, planning is key. Money, stability is key to survival. You can’t have a wife when you’re raking in peanuts. You can’t have a child in NS.

And as to answer the questions of my relatives as to whether I have anyone in mind, I tell you nicely to Foff. I’m still young ok.

Lots of money to earn. Lots of food to buy with that money. To me a relationship is only worth it once you’ve put yourself first. Then only can you think of another person. And hey, I have too little experience putting myself first. (I’m not narcissistic. I’m handsome.)

Anyways on the matter of investing in myself, I just blew a wad of my remaining cash on driving. WTF. Comfort is trying to kill me man. I booked my FTT, and like 10 lessons in Dec. FTT is in Jan. Hope I can drive before I turn 20 in March (AHEM. Birthday. In. March.). Then at least I can say I’ve added value to myself this year.

Anyways, the year is coming to an end. What are your new year’s resolutions?

Mine are:
To lose the lard I’ve gained since I POPed.
To achieve at least 17% returns on my UTs.
To save 90% of my 2008 tuition income. (Pending me not getting fired cos my student ends up in EM3. Which is 50-50)

I think that the second and third goals are achievable, pending my employer’s approval, and a good Olympics.

But the first one. Now that’s a gargantuan resolution. One which in all probability, you shouldn’t even bet monopoly money on. Haha.

Well, toodles everyone. I’ll be back here next week. Feel free to drop me a mail. Don’t bother sending me MSN things when I’m offline. Cos I go onto MSN bi-monthly. So if you see me online, and I don’t reply, that’s not me.

Haiqal said I got hacked. He chatted with me several times, but I dint reply even though I was online for hours. I’m never online for hours eh. I fall asleep whenever I touch technology that’s got nothing to do with an Xbox.