Leaving Brisbane soon
I haven’t posted up anything for a while. One word. Malas.
I’ve got a lot of things to write about but just haven’t got the mood to do it.
Filed under Daily Thoughts/Observations | Comments (3)What is the reason behind downsizing?
A lot of personal finance books and financial commentators have talked about downsizing after retirement. Downsizing as in move in to a smaller house, cutting down your expenditure, and etc.
I really can’t understand the logic behind that.
Filed under Rationale of Investing | Comments (4)Rest & Recuperate from Trading
I’ve been trading for quite some time now. Paper trading as well as REAL trading since I was probably 19? “Play-play” trading for even way before that.
I’ve decided recently to take an R&R for a little while. Situations have changed and will change even further in the next few months. Hence, I need to re-evaluate my position and make a few changes to my trading plan and objectives.
Filed under CFD Trading/Share Trading | Comments (3)What’s new? (26th November 2009)
Well, I just realised than it’s been a while since I last updated my blog. I’ve been pretty much a slacker really. Too lazy to do anything.
So, what’s new?
Filed under Daily Thoughts/Observations | Comment (0)How would you react?
What do you do if your so-called biggest supporters lied to you and broke their promises?
Really, how would you react?
Filed under Daily Thoughts/Observations | Comment (0)What would you do if you receive $1 million dollar tomorrow?
I read an article about what you should do when you win the lottery. It was written by a well-known financial planner based here in Brisbane.
Now, setting aside the lottery part, just imagine ourselves in that position. What would you do if you were to receive $1 million dollar tomorrow?
If it was me, perhaps I would:
- Leave the money in FD-like accounts until I graduate.
- After graduation, I’d take out some to pay for my CPL/IR and Flight Instructor Rating Course.
- At the same time, acquire some investment properties and also set up a share portfolio.
It sure is nice to daydream huh? :D
Filed under Personal Finance | Comments (5)Blogging Your Way to Financial Freedom
Blogging your way to financial freedom. Is it really possible? Personally, I’m rather sceptical. Unless you’re giving full-time attention to it and have a vast network of blogs and websites, then it’s hard I reckon. It’s possible, but it’s hard.
Being a blogger is just another job. You can create some side income with it like what Kenny Sia and a few others have done but I doubt that one can classify that as a passive income. It’s not really an investment-like venture. The reason is that if one neglects his blog, not much money can be made. Also, a lot of efforts need to be put to market your blog. Blogging professionally is more business-like I think.
Filed under Blogging | Comments (7)