Its Too Late To Apologize.. Its Too Late...

If there's one thing I've learnt in SCDF, is that Microsoft Excel is a wonderful tool.


Tadaaa!

Just pop a figure in and all the info that you need (but not want) comes on sceen. Hohoho.


What's that? That my dear, is one of my Unit trust investments. And I can recall barely 3 months back, breaking even, and celebrating 0.7% profit. Haha. Good times.


Weighted average cost is the average costs of all my units, and NAV is how much they're currently worth.

How much I gain or lose is the NAV difference multiplied by the no. of units I own. Simple maths, to trick simpletons like me to put their hard earned money into the world's oldest IR, the world's equity markets.

Haha. Long term thinking must be employed eh?


Not exactly. According to the data, my investments should yield some profit for my future grandchildren to buy a few cups of bubble tea.

After a 2061.23 point drop in just 1 day, prior to a 1500+ point drop last week, its official! Its a recession my dears!

Let the graph do the talking.

I bought on average when the markets were recovering form the major August 2007 correction when markets just discovered the CDO credit crunch. ( 1st Red Circle )

Well, now (2nd Red Circle) they say this problem is here to stay and will most likely cause a recession. Like motherFing DUH!

I lost 35.616% in 3 months! Woohoo. Happy 2008 folks.

Gorgeousness during the PAE

In light of the previous post showing Perkafe becoming an integral part of MJC, despite many who were unsure of its long-term feasibility in its infancy, I went snooping around MJC's website. Wah. Quite professional hor. And lo and behold, my face is on the front page for the PAE admission. Haha. I should get royalties for my gorgeous face being used for admission.

Further snooping led me to the milestones page, where in 2005 and 2006, there were a list of several entrepeneurial achievements, whereas in 2007, there were none.

Which makes me quite proud that Siu Sing and I managed to both set up a viable business and do competitions at the same time. But I suppose that the juniors did concentrate on the family business, Perkafe.

But Biz Club should not solely be about Perkafe, it should be about business, like what the name suggests.

But I suppose that's because Sing and I are no more at the helm. He's busy driving his tank protecting the nation, and I'm doing a more inportant role(yeah, right) of ensuring stupid CD people's payrolls occur in time.

As Russell Crowe said to the emperor in Gladiator, "The time for honouring yourself will come to an end."

An so it has.

Perk You, Perk Me.

Nice picture of Azlyn's classmates. No no. I'm not a stalker. Look at it properly.

Its PERKAFE!

They went back recently and Perkafe just got a new pool table for 2008. To think that when the idea was suggested by Siu Sing and I 2 years back, it was shot down. Certain people in power did not want pool tables and gaming areas. Well, look at it now.

Haha. Brings back old memories. To think that Siu Sing, Bjorn, and I will forever be known as the founders of a small little cosy place we call Perkafe.

Has it been a year already?

HoHo.


A year has come and gone. Many new things encountered, many new experiences to make us into better men and women of tomorrow.


My year was boring and uneventful. I learnt few things in CD, could've have sent me for a 2 week CD crash course and I probably would've learnt more.


Made losses in my Unit Trusts. Forced to hold for the long term.


Spent all my money that I've earned in 2007 from tuition and NS. Had an epiphany. I can't afford to have credit cards, for if i do, I'll be saddled with debt till the day I go poof.


So I decided that 2008 should be different. I should have achieveable resolutions, that will have a greater impact on my life.

I intend to:

• Cut my spending by 50%
• Increase monthly savings by at least 50%
• Perform a trackstand properly

Simple right?


The first and the second goals may seem the same, but its actually not. I spend a lot, mostly on food, entertainment, and big ticket tech and lifestyle gadgets.

But not anymore. I going to cut spending and invest. So its not savings la. Stupid? Maybe. I already made losses. But 2008 is going to be a near recession year. If i invest now, all I need to do is to wait a few years and then when the economy is up, I would've have gotten a good bargain on all my equities.

That's the simple logic. Its tried and tested, BUT the question therein lies in where to put your money? Hmm. I'm guessing I'm overexposed in China, but Asia ex Japan looks good. I'll wait till prices start really dropping in the 1st quarter of this year to start snapping up undervalued stocks.

Money money money. Enough about money.

I bought a new bike! Woohoo. A GT Aggressor. Haha. I LOVE my bike. Its so light, comfy, and yes, tough enough not to buckle under all the kerb bashing I do. Mmm.

I still can't do a basic trackstand, I guess I have to practise some more. I guess my arse is too heavy.

Well that's all. I really hope for all the best to all my friends. We're turning 20 soon. My GOD. WE ARE DAMN BLOODY OLD.

To the guys in NS, don't despair. Though we haven't accomplished much in life because of NS, there's still time for us to grow into captains of industry (I Hope la). Haha. I'm talking to myself actually.

And to the girls, good luck in uni. Graduate well, get a good job and stay hot.

No la, I'm not dying, I just feel old. Call it a first-quarter life crisis.

Ah well. Happy new year.
1 more year to ORD!
20 months to uni!

Woohoo!

Oh, and Audrey, after seeing the pics, I finally realised you weren't wearing full pink that day. I guess I associate you with pink too much. But you have to admit, there was a little pink on you. So I'm not totally blur.