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.

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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.

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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?

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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?

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? 😀

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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.

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Job Interview: Do you tell the truth?

As I about to enter the next phase of my life, new set of questions come to mind. One of it is about job interviews.

I’ve always wondered one thing about job interviews. Do people usually tell the truth about themselves or do they sugar-coat things to make it sound much better?

Really, I believe that everybody has their own weaknesses. So, when asked by potential employers, how does one go about explaining their weaknesses ‘diplomatically’?

Lying is a definite no-no I reckon. What do you guys usually do?

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One should not have high expectations

Last semester at uni, a lecturer gave one of the silliest statements I’ve ever heard in my entire life.

According to her, one ‘should not have high expectations’. One should ‘lower their expectations’ so as not to get ‘disappointed’.

What in the world??? What a way to educate your students huh?

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Thomson Airways Safety Video 2009 (The cutest ever!!!!)

Have a look at Thomson Airways’ safety video. Creative and cute! ^_^

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A Mercedes-Benz as a Graduation Present

When I first started trading and going into small-time ventures here in Australia, I had set an objective. I told myself, when it’s time to return to Malaysia, I was going to bring back a Mercedes SLK 200 Kompressor with me. Hehehe 😛

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