Making mistakes

I made a couple of mistakes these few weeks as I shifted over to my new home. Most of them happened in the kitchen, because that's the part of the home that I had least experience in. In school, we make mistakes when doing tutorials. In work, we make mistakes in handling people and other more technical stuff. At home, what kind of mistakes can I make? Well, I'm going to list it out: 1. As I was sweeping stuff into my dustpan, I moved it over...

Read More

Taking on full responsibility

The recent mrt episodes in Singapore highlighted a couple of bias that can be equally applicable in the investment/trading mentality. I saw some report saying that since the CEO had been in the company, the company had grew its profit from xxx to yyy per annum. This implied that the CEO is responsible for creating the profits. But when the spate of incidents causing the train to breakdown happened, there's no report saying that the CEO is responsible...

Read More

Choosing quality over quantity

As I get older and hopefully more mature, I realised that if I have to choose between quantity and quality, I'll go for quality these days. It's not always like that. There was a time that I thought more is good. For example, having more of a cheaper share is better than having less of a better one. Or eating more lousy food in buffet is better than eating less but higher quality ones. There are many many such examples where I can quote you that...

Read More

Hill Harper's "The Wealth Cure"

If you're looking for prescribed, step by step ways to kick start a healthy relationship with money and wealth, then Hill Harper's "The Weath Cure" is not your type of book. Initially when I read the book, I found it rather strange because of the way the book is structured. There are 5 big parts to the book, which each part having a couple of smaller chapters that is related to the parts. But here's the thing - I don't see the relation at all. Perhaps...

Read More

Positive mindset vs possibility mindset

I was reading this book by Dr. Robert Anthony "How to make the impossible possible", when I discovered that the author actually differentiate between positive mindset and possibility mindset . We know the usual positive thinking - if we think positive, then the outcome can also be positive. This is opposed to thinking negatively about a situation. But I've always wondered about the limitations of having a positive mindset and the book addresses...

Read More

Am I certified to trade?

As I logged into my poems account, I saw this screen asking me to do a test. I think it's the new ruling that is going to take effect on 1st Jan 2012. If you do not satisfy certain criteria, you'll be asked to take a test to determine whether you know what you are doing. If you fail, you won't be able to buy (though you can sell your existing holdings, from what I read from the site). I don't know who the ruling is trying to protect - the advisors...

Read More

The joys of working from home

As I was starting work in my new flat, I realized that there's a few things that I liked about this arrangement. As I was slacking now after my student left, I realized how fortunate I am to be able to finish work and still be at home. I cherish this feeling and felt an immediate sense of satisfaction. On reflection, I think that working home allows me to : a. Multitask things with regards to my personal and work life. For example, I could be...

Read More