I have made up my mind. Thats to invest in two particular investment books. Of course, I have to search for my dad’s sponsorship. Or, by other means, is there any good souls out there willing to buy one of the two (or both if you are so nice) books for me during this festive season of Christmas? Alrights, the two books are:

1. The Intelligent Investors by Benjamin Graham. Priced MYR 80 before discount.

2. Common Stocks and Uncommon Profits and other Writings by Philip A. Fisher and Kenneth L. Fisher. Priced MYR 60 before discount.

Note: 10 percent discount for Popular Card Members

Please. I need these books so badly. In fact, its status for those books mentioned, in the bookstores, were all out of stock! Terrible. I should have buy it when I met up with Zyue Xhien and Meng Terng. Argh. By the way, I managed to borrow the Common Stocks and Uncommon Profits from the National Library. Actually, I have started to ride on it, which this was the main reason for sparkling the idea of buying it. Firstly, its simply too profound, which I doubt I could understand after reading it through for once. Secondly, I think I would most probably stucked in middle when it reaches the due date. Thirdly, I think I should own one myself, simply because its too interesting and essential.

“Secrets of Self Made Millionaires” by Adam Khoo

Just this afternoon, I met up with Mr Wong Zyue Xhien, which he had his last paper. We met up at Bugis Junction Starbucks. Main aim was to get the book “Secrets of Self Made Millionaires” by Adam Khoo. After scanning it through at home, I found that this book is much worth reading that “Rich Dad Poor Dad”. This particular book stands out from RDPD is because of its structure and way of presentation. Its more convincing for Mr Adam Khoo book as he, himself was a Millionaire by the age of 26! Amazing. But then, both books share the same principles, that is to make you HAPPY. In other words, both books motivates you rather than giving you the profound facts about the difficulties in investing. So, as a whole, if you are wondering on which book to read, I think you should select this one. I think I will have to go another round of “Happiness”. Well, I have not really started on that book yet, I think I will start it after I have finish the Fisher Book.

MR. MARKET.

Its truly interesting to talk about investments with your acquaintance. Somehow, I enjoy exchanging ideas and things we have each learnt ourselves. It gives you another path of exposure to the subject certainly. It also leveled your degree of studying on it too. In the midst of discussing, Zyue Xhien told me about this Mr Market Story, in which I think I should memo it here. The story goes, there is a man called MR MARKET. Every morning of the day, this MR MARKET will knock on your door asking if you want to buy its stocks. As such, two different situations will occur. First, there will be people buying its stocks. As the demand of its stocks increases, this MR MARKET will raises its price of the stocks and it will go very happy and content. On the contrary, if no people gonna demand for its stocks, this MR MARKET will go into depression and hence to decrease the price of its stocks. I am still not very sure what this implies exactly. But I presumed that this will be a great knowledge on the market itself, whether the market has overreacted that makes the prices of securities gone ridiculously high or if its underreacting, which makes the prices pathetically low. Oh my god, this is damn damn damn interesting!

My Basic Philosophy of Investment

I had also discussed by asking: ” So what if we got alot of money in the end and where to spend it?” which in other words “So what if we got 10 over millions of dollars?” After hearing what Zyue Xhien responded, he said that his principle in investing is not for the amount of net worth ones made, its to collect good businesses by buying great stocks. I think that this is very true. However, in my own opinion, although, people with over billions of net worth, where will they spend in at? So what can they do beyond being rich? For me, I would put it this way. Investment is a vital tool or a vehicle to you to let your money to grow. (rather than putting it in a bank earning that tiny amount of interest which in the end being eaten up by the high inflationary rate), so investing is a must! I want to invest not because I wanna be a Billionaire like Bill Gates or Warren Buffet (which I would like to if I am as gifted as them, but impossible), I just want to remain financially secured even when I reached my retirement age. Financially secured is termed as your total revenue is more than your expenses by few times. This goal would look appropraite. Also, not only I want myself to be financially secured, I want my next generation and so on to be financially free! So, I can consider myself as a conservative investor (or a value investor) rather than an agressive investor (which proved to be playing mostly on a zero sum game). So in my life, my philosophy of Investment is to invest conservatively and to remain financially secured for the rest of my life and subsequently my next on going generations. I won say what to invest for now.

Updates of Actions towards the PREPARATION FOR THE 21ST BLUEPRINT

This is specially interesting to me. Why? Because it regards to me. Frankly speaking, I have somehow suffering from job depression. As what Yanling described as “you seems like you have just lost your job”. I hate that feelings rather. Because it makes you quite worried and making your mind suffering. Its quite difficult to explain here. However still, I must say that for now, the searching of the tuition assignment can rate it as on the go. However, I will only know when it comes to January next year as the parents went overseas. Hopefully everything would be fine. And I am thinking of increasing my monthly contribution to the index fund. Maybe from 100 per month to 150 per month? Maybe…And I am thinking of persuading my Dad to open an account at Fundsupermart.com and start investing in index fund. Because time is the most important factor when it comes to investment. Have to persuade, if I fail, I can still wait for next year, but the only thing is that my exponential curve will grow slower by one year! Yucks. But some things are worth waiting for. As for business plan, somehow lagging behind as I am heavily taxed on investment stuffs. However, I have to start my learning on Auto CAD very soon. And for school work, I think I still have a good grasp on it.

My Life

Obviously, my life to the majority now can be rated as so sucky. Yesh, it does, but I love investment as much as you love shopping or playing games or catching the cinemas. Went K BOX on Tuesday with Jie Xin, oh my god, its terribly hell funny as I nearly laughed till my throat sores. Shall not elaborate on what we did, but its damn hell not us. Alrytes, at last, we gotten back our PBF papers. I got a 17/25 which is a 68 % on 100 point basis. Actually, not really shiok with it because I would want a 70 and above, which clinches the A you see? Haha. Well, for the start, I should be contented with this. Had another PBF test on the same day, I think I gonna lost 4 marks or so due to some errors. Overall, I am feeling good with it. Wednesday was a bring day actually, which I have dinner alone, lecture alone and all alone. HAHA. Hated it but still, reading on my investment books. Thurday, as all being mentioned above. HAH! I think pretty updated. Oh my god, this is terribly long and someone will say their eyes are dropping. But I really update once after few days…so rather long. Pardon. Meeting Jie Xin tomoro for our gym session again. Bye and nights to all.

PS: If you tend to be free, please do some kind act by pressing on the google ads on top before leaving this page. Thanks alot and your kindness is deeply appreciated. :)

Alrytes, I shall speed type. Have to complete this entry for 10 minutes before I turn in. Have been busy nowadays as I suddenly got a very strong drive of life as mentioned in the previous entry. In this short period of time, I have successfully completed two books (which is in one week plus). They are Family Businesses-The Essentials by Peter Leach and Rich Dad Poor Dad by Robert T Kiyosaki.

Family Businesses-The Essentials by Peter Leach

Frankly speaking, this particular book did provided me insights on what a family business is and how to manage a family business well and how to tackle and rectify problems faced by family businesses. However, some parts do turn out to be much philiosophical. And some are something which do not really able to apply in my instances. Overall, I can understand how to handle a family business well and its really essential for my part. I am sure that this would be helpful in the future.

Rich Dad Poor Dad by Robert T Kiyosaki

This book is more of a motivational book rather than catergorising it as investment series. Although, it do provides some insights on how you can handle and manage your wealth, by letting money work for you, the whole chunk of text are mainly on motivating you to change your mindset, the way you look at money and so on. It does not really gives you the idea on how you can really,in practice expand your wealth. Not to be bias, I have to say that this book really changes my perspectives of wealth greatly. Have you ever wonder, a “HOUSE” is a greatest asset? Before reading this book, I would most probably think so. However, after reading it (totally brainwashed), it is actually a greatest liability. The word here liability is because buying a house basically drain money directly from your pocket. Which is exceptionally true. One way that the author suggested was to built up your asset column before buying a house. Let your asset to generate wealth for you (which means let money works for you), then only when the money is generated, you can buy luxuries like house and car so on. I think this is something that will work indeed. And this is a very important concept as you must have a very strong financial foundation before you can build your empire. So, it does help me alot. However, more and more, this book is some kinda long winded, repeatedly saying one thing again and again, which somehow makes me frustrated during my reading. Hah! I think it should be improved in a way of presentation and make it more practical like other investments series.

——

So, I have to move on. Having completed two books somehow shows that I am taking my action towards my goal. I am going to make my theory works. For now, I am going to read on Common Stocks and Uncommon Profits by Philip A. Fisher and Introducing AUTOCAD 2008 by George Omura. So, these two books will be my next journey. Somehow, going deeper in investment and business of engineering. This Thursday, I will be meeting Zyue Xhien to get the book by Adam Khoo “How to become a millionaire”. Its disappointing to hear from zyue xhien that the book by Benjamin Graham – The Intelligent Investor is currently out of stock! So sian. Donno when can I get it. Luckily I got other books to get myself going.

Efficient Market Hypothesis Conclusion

One other major thing I learnt about the financial markets is the efficient market hypothesis. Because I got friends going to buy a book on “Technical Analysis”. After reading on Efficient Market Hypothesis, from the proving that the market today is efficient either in the weak, semi strong or strong form, I somehow got a conclusion out of it. Technical proves to be useless for all the three forms as the financial markets today are pretty efficient. Which means investors cannot yield excess returns through technical analysis, nor financial news as the prices of securities today fully reflects the correct and accurate prices. Although there are critics over the EMH, however still, the empirical evidences against the theory is not yet conclusive, which I totally agrees. What I agrees most from the conclusion of the chapter is that, Investors can earne excess returns in stock markets, however it is not consistent and of low probability of beating the market. This is purely based on practice through the study of Behavioural Finance. This theory is a very true theory that in support with proving if the market today is efficient of not. This incorporates the area of finance, sociology and physcology. Hence, the performance of market today is mainly due to the behaviours of every single individual (every single player in the market), depending on their thinking perception and their decision. Each and everyone of us has different decision made in different timing. Hence, the market today cannot be proved to be efficient nor inefficient, And this would be forever, forever in the case where no one will conclude that the market is efficient, nor anyone will say its inefficient. Making it clear, there will be no answers to the question on market efficiency forever. Hence, what ever it gonna be, investing is not based on data analysis nor information. Its the sights of every individual and invest in stocks that you think it will thrive in the industry.

Gonna meet Jie Xin tomoro for Kbox. So happy and excited. OMG, its getting late. Short and sweet, gonna have another PBF test this Wednesday. So sian. Still, had great days till now. Handling my time well. Regarding in my search for tuition assignment, I think I am getting it soon. Already at the confirming of time stage. If it fail, then I will contiue to look. I am on my way. Wish my luck. Lastly, my deepest condonlences to the five dragon boaters who has departed from the world. May they rest in peace and they had done Singapore Proud. I am sure that they would be remembered for life. Good Bye.

“21st”. A number which majority of us hoped to reach. Especially in this 21st Century, we are only socially grown up at the age of 21. For me, rather, in the twenties, I realised theres tonnes of challenges ahead of me. Especially in the case of how to be successful in the future (whether its financially or socially), the age of 20 indeed is the very critical point to decide your destiny.

After thinking and brainstorming (currently in the first phase), I have lined up an ambitious blueprint called “Preparing for the 21st”. Its sub-divided into two big major areas of preparation. First, Financial Plan and the second one is the Business Plan. For these two big groups, it really triggers my interest. These give me the drive to success. Now, I will talk the first phase of the two big sub plans in my life. I will briefly described it (under a time frame of 10 years).

PREPARING FOR THE 21ST

Financial Plan: This plan most slightly will be in the area of capital investments. Due to age limit, it is still in the preparation stage for me. Because the minimum age for investment is 21. So, have to wait till next year, when I reached my 21st. Hence, lining up the preparation, I have read up the Internet on online investment. Hooked up on FUNDSUPERMART.COM, a reputable and safe funds site. Read up the requirements and funds available in their portal. Its a registered site, which you can also buy Singapore Government Bonds etc. To make it practical (and not let anyone say that I am talking but no action taken), I will start building up an investment fund. I have also decided to get the capital my own (without relying on parents). Due to the requirements by Fundsupermart, we need a minimum inital investment of S$ 1,000 and subsequent investments of S$ 100 (for your info, I will invest into funds for the first step-index funds). So, I am so eagerly onto the task to find job! Which can generates an income of S$ 150 ~ per month is more than enough for my investment plan. (Due to studies contraint, I have to focus well on my education too). Hence, the job should not take up too much of my time. Therefore, tuition is the best solution to my problem. I Need Tuition Assignments! Anyone, please recommend. Urgently needed. Haha. The searching of tuition assignments has been put into full swing, eagerly looking for friends to rcc, phoning tuition agencies (which I will phone more) and finding online too. Hopefully, I can commenced tuition from January 2008 (Best time frame needed to built my investment fund). To have a greater exposure to the investment world, I have recently started to read on investment books and so on. Started with “Rich Dad, Poor Dad” now. Completing in full swing. Bought a book called “Intelligent Investors” by Warren Buffet Guru Gharam. Borrowing “How to become a Millionaire” by Adam Khoo. I think thats about it for the start. Aims and goal for this Financial Plan is to have a net worth (meaning only cash excluding fixed assets) of RM 1 MILLION at the age of 30. Future goal: To have a net worth of USD 10 MILLIONS at the age of 50.

Business Plan: This plan will be mainly on the building my own business empire. I personally think that a person’s success cannot merely based on financial investment. Even if you are successful in investment which gives you a fortune of USD 1 Billion, but you do not have a business empire, in the end, it means that you only have a 1 BILLION cash and nothing else (moreover, 1 Billion is just a statement in the bank statement). What you left behind is just only cash for the next generation. Somehow, it seems like you attained nothing in your whole life. Not to criticise as this is significantly true. My perception will be, being able to invest well (building your own net worth), you must also attain something significant to the society (through businesses). I wanna build a successful business (inherit from my dad), and pass it one to the next generation and so on. My main aim is to be successful in the area of Civil Engineering and Construction Building. (First phase is to attain a government recognised status, which can tender for government projects). Hopefully, with success, I wanna go onto property venture and township development projects. I want to build a property developer empire, similar to that as SP SETIA, Gamuda. I think the nearest I can think of is WOH HUP PRIVATE LIMITED. I think the way WOH HUP since founded its business till today, it remains as a Family Business. And this family business is not small, it has great reputation in the Architecture, Civil Engineering and Building Industry. And I shall make WOH HUP my vision in turning LIAN FONG, to become one of them (a Malaysian version). Of course, I would like to see my company to become a public listed company and turning in a group. However, this will disintegrate my initial values and vision that is to remain as a family business and performing dynamically as the Big Companies. I knew dad is doing pretty well at the moment. Maybe, I can learn more skills to try to improve on the way the business operates and so on. However, this have to be start from scratch as I know nothing on Civil Engineering and Construction. Hence, I am planning to start joining dad only in the age of 28 with my younger brother. Currently, I am reading on Family Businesses -The Essentials (thanks to YL). Its really important manangement skills on handling and managing the family business. Its very interesting. Also, I started to learn AUTOCAD and AUTODESK 2008 (a software for drawing civil structures and buildings). Its important if i wanna go into the business. Currently, I am busy searching for more information on how to do business as Civil Engineers and how to develop properties (like township development) ANYONE GOT ANY TIPS??? My goal for this business is simple. To remain successful in the industry and to remain as a private limited company (a family business)-Similar to WOH HUP PVT LTD. For more ambitious goals and future visions, I would like to invest into areas like Property Developer, Leisure and Entertainment, Restaurants Chains.

——–

Alrights. That will be the main thing and working on it continuosly! Wish me luck. By all means, I think I have to change the way I am now. One thing bad about me, INDECISIVE! Hence, I must improve myself to become much decisive in the future. Its pretty much important! Jia you jia you. The above are the goals that drives my life. I am going to do it, I am going to achieve it! I am determined to!

-LIFE JOURNAL-

Besides talking about my ambitious goals and so on, some will think that, ARH, nonsense! Haha. But please don tell me….LOL. Rights. I got my life to update too. It has been days since I wrote. I wanna update a series on events here. After returning back to Malaysia that morning, I straight went to City Square after returning home for a short while. Met up with Zyue Xhien, Meng Terng, Seer Ning and Pek Hua. Great time. Went wondering around as Zyue Xhien recommended me investor books. So interesting. Went to Season Bistro for high tea. Sat there for a moment before we headed for our Movie “Beowulf”. I tell youm its terrible. Story line bad and two hours of graphic show. Damn hell boring. But tell you, the graphic was superb, really looks like real people…not easily differentiated. After which, it was about evening time. I decided to leave actually (at first), but decided to stay on. Hah! Went over to Sizzling StoneGrill to have our dinner. First time dining in such a special restaurant. The simply put one raw meat on top of a heated stone piece and it COOKS! So fun. And up to expectation. It was damn hell funny while we chatted about many things. Especially childhood events. So fast, it has been near 9 years of Friendship with Meng Terng and 6 Years of friendship with others. Time flies. Walked around and I reached home at around 10 plus. I miss them now! HAHA. Hope to meet up more!

Mum changed her car to Myvi. Woohoo…so great, I can drive! Waha. Dad sent his car for repainting. He has not decided to change a car as you know, when you drive a much luxurious car, the more dangerous it is to be…especially in Malaysia. Anyways, I had a great weekends! So hell fast, now is Tuesday night heading to Wednesday. I will cut down on the updates in my blog, maybe once per week. I need more time to make my blueprint from vision to reality! Jia you jia you. Take care!

Alrytes, will update for the sake of updating. Hah! This would be another random and quick entry before I set off to Malaysia. WIll be meeting Zyue Xhien, Pek Hua they all at JB City. Anyways. For the past few days, I have been busy, busy with Facebook. Have been exploring. Its like so many things to do till I really donno how to handle all. However, its fun to have something to explore into.

Thursday. That was the best day I ever had. No stress or anything that dampens my mood. This is wholely due to that we went swimming. Hoho. It has been a long time since I swam. So fun! After everything, my skin were burnt into reddish meat. Waha. Pain! After which, went Mac and we chat all the way till evening. Was totally drained when I reached home. And held myself with the lappie till I slept at about 1 plus? Hah.

Friday. Which was yesterday. We got stats lecture but its rather boring. Lily the teacher same lecture as us wor. Damn funny. However, we were like the most nosiest people in the lecture (only our voice could be heard). Hah. After which, went over to Deli in JP. Dined. And laughed like no monkey business. ANYTHING also can say. I just couldnt believe it. Homed. And slept at around 1. HAHA. Alrytes, till here. Have to rush off. Cya guys. May you all enjoy your weekends.

ps: Dear NTU friends, may you all be blessed with luck, swot hard for your exam! :)

HAVE YOU EVER

Artisit: Westlife Album: Back Home

Have you ever loved somebody so much
It makes you cry
Have you ever needed something so bad
You can’t sleep at night
Have you ever tried to find the words
But they don’t come out right
Have you ever, have you ever

Have you ever loved somebody so much
It makes you cry
Have you ever needed something so bad
You can’t sleep at night
Have you ever tried to find the words
But they don’t come out right

Its really great to hear Westlife songs. Seriously, I love their songs so much. Somehow indulged in this song. Thats why its the hits in my playlist. Haven been blogging last few days. Because I am simply too busy…Gaming. Moreover, I have to study hard too…especially the POA which was over yesterday. Haha, comment, okay la. Haha. Alrights. This will be a very random entry as I will skip from this event to another.

Since Monday, I am really tired of school. Actually is since donno when already. By the way, I really made my way to school. Haha! Have been raining these few days. Good, at least its not hot! Tuesday, straight after test, we went home while SS and Yl headed for their gym session. Its somewhat the earliest to be home..around 12 plus? Haha. So great. Then started to game again. OMG, I am at level 26 for my Kungfu Online. Frankly speaking, I was somehow tired on the leveling thing liao. So sian~ But still, its a leisure for me to …Kill Time! Moreover, can PK people somemore. But its pretty angry to see people anyhow KS me for two times. Damnation!

Today was another day for me to relax. I presumed tomoro too. By the way, its really difficult for me to concentrate on PBF lecture. Its so so so “disconnected”. Although, in fact, its quite interesting, but we somehow chit chatting away. YL and SS were like talking all the way while Clarie was listening till nearly went “mad”. Haha. But at least something went into my head, hopefully. After which, lunched at Westmall once again. Before that, we went to King;s Albert Park Cold Storage. I should put it as lunch while Yl and SS as dinner. Because, Wednesday is a very Bu San Bu Shi day which all the timing for meals went heywired. Its another laughing session. Then, went shopping around. Felt like giving tuition anyways. Then YL went to buy her goggles. Woohoo. Because tomoro we are going to Swim! Haha. Long time din swim liao. So excited. Muahaha! Alrytes till here.

PS: FACE BOOK IS FUN. PLEASE ADD ME AT FACEBOOK IF YOU HAVE ONE, FOR THOSE WHO DON HAVE, PLEASE SIGN UP! Its 100 Times better than friendster…really.

EMAIL: shane_ice87@hotmail.com

Today, which I meant yesterday, was a really rather, relax, I shall described. Because, I keep onlining, kept myself locked on the screen, and did nothing on my work. I think I have to buck up somehow, during weekends. Moreover, I nearly forget theres a POA test next week. Really shake head.

By the way, a very belated Happy Deepavali to all. Really, past few days, haven been on the mood to blog. On Friday night, after we left early from the Mathematics lecture, we went to Westmall to have dinner. Damn hell funny especially when I try to push SS, then kena one uncle saw. Really Laughed out loud. Then theres one TV advertising OSIM Pillow, then suddenly got a SNORE sound, YL said, “WOOOOOH”. WAHA. SO funny, everybody turned their attention onto us. I think we are really becoming bonkers.

My Kungfu Online at level 24 already. So hard to level up especially when its already lvl 24. LOL. Have to return to Malaysia tomoro morning. Ciao and sleep. Tired~

Today is a wonderful Monday Morning. However, my guityness somehow made my morning sucks. Frankly speaking, I also donno why I din went school today. Having slight fever, however, now okay le. I think I watched Sui Yue Feng Yun till quite late. Waha. Anyways, I have finished the 60 episodes drama. Speaking from my own opinion, and with my professional standard requirements*, I have to say that this drama is an excellent show, which really gives you the insights on how a Family on one hand trying to realise their ancestors dreams (which makes them went through numerous problems) – to have the first China Chinese made car, and to make them running to the whole world. On the other hand, how they maintain the bond in the family and together fought numerous problems in front of them. From the story, I learnt many things. Somehow, it gave me another push for my studies, and another springboard in realising my own ambition – to be a successful property developer. Haha. Still dreaming anyways.

Alrytes. I think the Happy Three Friends today din went school. Meaning, SS, YL and ME! Haha. Sometimes, its good to rest. I found that the real Shane is coming back. The one who was conferred the PON KING status. WAHA. So, in the midst of resting, also, I must continuosly tell myself to control and go back to school. Promised, this will be somehow the last. Actually, since school starts, I only pon for two days. One which was POA, and is this. Donno why, I have problems even breathing properly. And I frequently experienced high pressure in my ears (a situation which I am somhow on the plane). LOL. I asked the doctor, she said that maybe its stress and tireness. Really. I am tired. The invisible stress. So, after today, everything must be put into full swing. Jia you jia you!

Bye.

Its a three days week for this particular week. Felt so relax and somehow, I have decided to some kinda slow down the pace of life and try to recuperate from my you yu syndrome. By the way, its already Thursday. Haha! So fast. I got some pictures to show. These few days, I am indulge with a new game called “World Of Kungfu Online”. Its really very interesting. Comparing it to “Perfect World”, I think this is much easier to play and much user friendly. The movements are much more faster compare to Perfect World where the character walked and flew like a tortoise over a terribly big map. I am already at Level 13. Haha. So happy. So, here are some pictures when I played with YL. Some are so censored.

Left: SHANE Right: YANLING

So cool isnt it? Haha. Love it so much. Lol. Alrytes. Think till here. Tomoro shall go to Gym with Jie Xin at 10 am. And then off to Malaysia. I missed my mum’s cooking. Haha! Yay! Tmr can eat! Woohoo! Ciaox.