Saturday, May 10, 2008

The last time I blogged was 29 March! Wow that was like so long ago. Actually I always wanted to blog, write down things I felt and all... but when it comes to the doing, for some reason, I didn't. Probably the lazy worms come biting my bones?? Haha... whatever. Or if I had a portable and handy and user-friendly blogging machine, things might just get a lot better.

Recently have been on a buying spree... but come to think of it, I seem to be on a buying spree now and then. I think this is really really bad. Thank goodness I went to sign up for a no-brainer savings plan and some ILP (insurance linked plan) or whatever... and now I regularly save a bit more than S$1K a month and this gives me an OK interest. Looking at our CPI now, I think even this mere interest (many times higher than the peanuts interest the bank gives) makes my money shrink. Hence decided to look into higher returns investments.

Nowadays I go to POEMS free courses now and then to learn more about trading online. Buying stocks and all... Next Monday going to learn some simple techniques on technical analysis, do some charting and all so that if I ever decide to make investments, I can do with more confidence. However I would need time to be able to track the changes and all... and I am afraid that I will just lose my money in terms of seconds. Hence stock trading doesn't seem to be my cup of tea. Nevertheless, I think I should learn more about it than just yucks it and then run far far away. Bottom line is... Going to work and then earning that fixed salary isn't going to get me anywhere. Even the fixed savings doesn't.

A few weeks back went to a Adam Khoo investment talk. Nearly wanted to spend S$3K to learn how to invest. Then later found the POEMS free courses hence went to that instead. Of cos paying school fees and really learning how to earn $ seems to make more sense than attending the free courses as I expect myself to learn lots more from the Adam Khoo thing. However, $3K doesn't come cheap. And I don't think I have so much motivation and guts to put my money into the stocks market. One thing that I think I'll buy is the Index Funds. Think can be bought from POEMS as well. Dunno how it'll work out to be. Anyway... must keep myself on my toes and remind myself to do some sound investment! Yips!

Adam Khoo also talked about selling your intellectual property. Hence I think I should use what I know to make money hor. Like my knowledge in beauty products, the chemistry inside it and since I've tried so many products, maybe can do a review. Best of all hoping can do some online business and sell beauty/ skincare products. However problem comes with the source of the product. Maybe should start on a interest basis and see where it takes me to loh. Hehe.

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