Friday, June 13, 2008
Wednesday, April 2, 2008
Value Investing...
Yes Guys... I officially pronounced the methods thought by THE SECRETS work! After days and days of "attracting", I managed to find the book -- "The Little Book on Value Investing". And it was the last book on the book store. How facinating! Recently I tried the method to attract, well, just some simple things like getting a parking space, which is near to any of my destination. (Damn lazy to walk nowadays) Hey, I got the best space 9 out of 10 times. Not bad. Okay guys, maybe you all can practice a bit and see wheather it work or not.
Ok, back to the book on value investing. Summary -- Fine but not so great!
Why would i say that? Coz it is very similar to what Warren Buffett would say.
Buy LOW AND SELL HIGH. (I know that, but when is low or high) Well, do some research and find low price to book value with a low price to earning ratio. Hmm... the problem is I do not know how to really calculate the actual price to book value. He don't really tell us the exact way to calculate it or any example to show us. Presuming we all are share market whiz. I am not a share market expert. Therefore, I don't know the way. So now I have to learn to calculate it by asking around. Guess what... you will have different sets of value depending on which method or financial year you used. Great! I'm even more confused right now!
Anyone out there know how to calculate correctly the price to book value? Because I am stuck.
I am now looking into a few stocks in Malaysia to practice what the book is teaching.
Will post the share one by one ... Stay tune... (not so easy to do this research you know)
Bye...
Ok, back to the book on value investing. Summary -- Fine but not so great!
Why would i say that? Coz it is very similar to what Warren Buffett would say.
Buy LOW AND SELL HIGH. (I know that, but when is low or high) Well, do some research and find low price to book value with a low price to earning ratio. Hmm... the problem is I do not know how to really calculate the actual price to book value. He don't really tell us the exact way to calculate it or any example to show us. Presuming we all are share market whiz. I am not a share market expert. Therefore, I don't know the way. So now I have to learn to calculate it by asking around. Guess what... you will have different sets of value depending on which method or financial year you used. Great! I'm even more confused right now!
Anyone out there know how to calculate correctly the price to book value? Because I am stuck.
I am now looking into a few stocks in Malaysia to practice what the book is teaching.
Will post the share one by one ... Stay tune... (not so easy to do this research you know)
Bye...
Tuesday, March 25, 2008
Life Plan and Goals
It has been many months since I updated this blog. A lot has happen during these past few months. However I will not comment yet on what have happened in my country but glad on how my country has progressed in terms of politics and people maturity. This is a little update on what I have done past few months.
I have written down my goals. It is a long and pain staking work, plus it is also kinda mortifying experience for me. The reason being I discovered how I am lacking behind on my initially plan. This also serves as a refresher on what I have planned for previously.
From the book “I am gifted, so are you!” I learned to prepare a LIFE PLAN. Well, it is kind like what you want to experience through out your life. I had prepared my life plan. Being an introvert and shy person, I will not post up my life plan =P.
First, put up your age, preferably 10 years [e.g. from 28 to 38]. Then under the age, you can separate your goals into few groups like your career, family, self-improvement and etc. And have sub goals under the different groups. Of cause you have to review your goals maybe once a month and change it accordingly. A tough job if you ask me. I have trouble doing it myself, but have to persevere for my future sake.
I will just show the segment on my self-improvement goals [end of year 2008]:
a) Internet Business [earning RM 50/ month]
b) Blog [obtain 20 hits per day] - so, I will update my blog more regularly, at least once a month, but do help me out…. Please, =P
c) Find idea and prepare a framework to write a book! [Don’t laugh ok, starting this blog is an exercise for me to write better]
d) Find a set of 10 value investing counters [will dwell on it latter]
There you are, simple and clear goals. When preparing goals, it is important to write as precise as possible. For example, earn in internet business, however, how much you want to earn? That is why writing down as clear and as precise is good. Plus the year or age serve as a time frame for you. SO good goals must have DATE, NUMBERS and BE PRECISE.
Ok, that is the end on section on making goals. Goals help me to focus myself on my mundane lifestyle which is wake up, work, sleep, wake up, work, sleep, wake up……. for 365 days! Pathetic…
I have written down my goals. It is a long and pain staking work, plus it is also kinda mortifying experience for me. The reason being I discovered how I am lacking behind on my initially plan. This also serves as a refresher on what I have planned for previously.
From the book “I am gifted, so are you!” I learned to prepare a LIFE PLAN. Well, it is kind like what you want to experience through out your life. I had prepared my life plan. Being an introvert and shy person, I will not post up my life plan =P.
First, put up your age, preferably 10 years [e.g. from 28 to 38]. Then under the age, you can separate your goals into few groups like your career, family, self-improvement and etc. And have sub goals under the different groups. Of cause you have to review your goals maybe once a month and change it accordingly. A tough job if you ask me. I have trouble doing it myself, but have to persevere for my future sake.
I will just show the segment on my self-improvement goals [end of year 2008]:
a) Internet Business [earning RM 50/ month]
b) Blog [obtain 20 hits per day] - so, I will update my blog more regularly, at least once a month, but do help me out…. Please, =P
c) Find idea and prepare a framework to write a book! [Don’t laugh ok, starting this blog is an exercise for me to write better]
d) Find a set of 10 value investing counters [will dwell on it latter]
There you are, simple and clear goals. When preparing goals, it is important to write as precise as possible. For example, earn in internet business, however, how much you want to earn? That is why writing down as clear and as precise is good. Plus the year or age serve as a time frame for you. SO good goals must have DATE, NUMBERS and BE PRECISE.
Ok, that is the end on section on making goals. Goals help me to focus myself on my mundane lifestyle which is wake up, work, sleep, wake up, work, sleep, wake up……. for 365 days! Pathetic…
Sunday, January 20, 2008
Side Track ..
Haven't been updating the blog. Was not able to do it because want to do the things thaught on the book before putting it down on the blog. Not easy because of the responsibility I have in life and the limited time we have in our life. 24 hours where got enough!? HAHA...
I just lost a worker. She has been working here for only 1 week and she no longer want to continue. I was just asking her to buck up and the pressure was so minimal and she say she want to stop because she can't take the pressure. I was dumb strucked! This is an enourmous pressure for her?! My goodness. What on earth has Malaysian becoming! Well, what shaped her to become to her sorry state is due to her parents. Her parents give her too much protection until she no longer able to fend for herself or taking responsiblity. Well, I don't want to talk too much about my job in this blog as I want this blog to focus on the motivation technique to further improve our lifes.
I guess we should be more independent. This is what make us strong and what make make us mature over time. Our parents can't be at our side for so long. We should and must be responsible for our own action. Fxxk man! I lost my one and only worker! Have to find a new one! Damn! I hate this man! Good people is hard to find nowadays!
Next blog is on Goals Setting and Life Plan. Doing one myself and it take me some time. Haha.
I just lost a worker. She has been working here for only 1 week and she no longer want to continue. I was just asking her to buck up and the pressure was so minimal and she say she want to stop because she can't take the pressure. I was dumb strucked! This is an enourmous pressure for her?! My goodness. What on earth has Malaysian becoming! Well, what shaped her to become to her sorry state is due to her parents. Her parents give her too much protection until she no longer able to fend for herself or taking responsiblity. Well, I don't want to talk too much about my job in this blog as I want this blog to focus on the motivation technique to further improve our lifes.
I guess we should be more independent. This is what make us strong and what make make us mature over time. Our parents can't be at our side for so long. We should and must be responsible for our own action. Fxxk man! I lost my one and only worker! Have to find a new one! Damn! I hate this man! Good people is hard to find nowadays!
Next blog is on Goals Setting and Life Plan. Doing one myself and it take me some time. Haha.
Saturday, January 5, 2008
Small Tips On 'Time Management'
Time is gold! To me, time is more valuable than gold.
Sometimes when I find some articles on time management, I would cut it down and keep it. Below is a small summary and tips on time management. It is very basic and simple. However if you apply part of it and if it manage to save 1 minute per hour, that is already good enough. 'ONE MINUTE ONLY MAH!?' you would say. 1 minute per hour, after a day you would save 12 minutes, after one month you would able to save a day ! After a year, you would have extra 12 days just by saving 1 minute per hour! How good is that?! Imagine saving 2 minutes per hour! I let you do the math!
A) Keep a diary: This is not about writing down what happen everyday, but a book to keep you organized. Being disorganized is also a reason for time wastage.
B) List Task; Prioritize them; and Schedule them: Apart from that, try to make a list not more than 5 tasks. Make 5 additional tasks once it is completed. You will have a sense of accomplishment and this drive you to work even more.
C) Say NO when required: A hard thing to do but a streesed-up people with many things on their mind could not assert themselves. This helps to cut down your work load while help to focus yourself on the job on hand.
D) Decide which task need attention to detail: No everything you do need to be particular in detail. However, focus on things or task where details is really needed. This can help to focus your attention to things that matter most.
E) Allotting additional time (about 10% to 20% more) when doing a task as you won't be too anxious and decision making under such condition is better.
This is only a small tip on helping you to save time. You can employ other habits to save more time, so happy hunting. Thank you.
Sometimes when I find some articles on time management, I would cut it down and keep it. Below is a small summary and tips on time management. It is very basic and simple. However if you apply part of it and if it manage to save 1 minute per hour, that is already good enough. 'ONE MINUTE ONLY MAH!?' you would say. 1 minute per hour, after a day you would save 12 minutes, after one month you would able to save a day ! After a year, you would have extra 12 days just by saving 1 minute per hour! How good is that?! Imagine saving 2 minutes per hour! I let you do the math!
A) Keep a diary: This is not about writing down what happen everyday, but a book to keep you organized. Being disorganized is also a reason for time wastage.
B) List Task; Prioritize them; and Schedule them: Apart from that, try to make a list not more than 5 tasks. Make 5 additional tasks once it is completed. You will have a sense of accomplishment and this drive you to work even more.
C) Say NO when required: A hard thing to do but a streesed-up people with many things on their mind could not assert themselves. This helps to cut down your work load while help to focus yourself on the job on hand.
D) Decide which task need attention to detail: No everything you do need to be particular in detail. However, focus on things or task where details is really needed. This can help to focus your attention to things that matter most.
E) Allotting additional time (about 10% to 20% more) when doing a task as you won't be too anxious and decision making under such condition is better.
This is only a small tip on helping you to save time. You can employ other habits to save more time, so happy hunting. Thank you.
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