Leaving Brisbane soon

March 7th, 2010

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.

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What is the reason behind downsizing?

December 1st, 2009

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.

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Rest & Recuperate from Trading

November 26th, 2009

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.

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What’s new? (26th November 2009)

November 26th, 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?

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How would you react?

November 26th, 2009

What do you do if your so-called biggest supporters lied to you and broke their promises?

Really, how would you react?

What would you do if you receive $1 million dollar tomorrow?

October 28th, 2009

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

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Blogging Your Way to Financial Freedom

October 26th, 2009

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.

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    This blog is about the journey of a 23-year-old Malaysian towards financial freedom. This blog was started back when the blogger was 21 years old, although his journey towards financial freedom had begun way before that. Materials such as investing, business, equities, and derivatives are presented. The author also posts his daily thoughts and observations. Harsh words are not welcomed!

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