Rainbow on FI

I used to play a lot of computer games. Much less now as I have come to realize it can be a real waste of time. Some questions I asked myself:  "so what if you are the top scorer?", "so what if you reach level 100?". There will just a never-ending slew of new quests and more levels to beat as the game developers attune the games such that you can never reach an "end point". However, I won't write off gaming entirely. Gaming can evoke your IQ, make you learn something new or improves one reflexes. I mostly prefer playing strategy-based games such as Seven Kingdoms. Only have to be mindful in staying out of addiction. Lately, I have played this game call 'Dragon Fly' which is a game of reflex to make you fly a baby dragon as far away as possible while avoiding obstacles. Later, I realized that I need to accomplish certain tasks for my little dragon to level up (eg. collect one speed vial) before reaching realm four. No wonder I haven't b...

In sales you need to be extroverted, humble and polite. Certainly not for those who refuse to 'stoop down'. Very often sales person like to show off all their products, describing the good points for each of them, try to hard-sell, or work from their own perspective eg. selling the pricey one. These are actually WRONG. 1) First, you need to work from your CUSTOMER's perspective . Find out what is it they are looking for. Test their intention to buy. If they have no intention to buy or have no idea what they are looking for, telling them everything about your products is probably going to be futile and meaningless. These group of customers are what I call "Browsers". Ask questions, waste time, then say "I will think about it". But browsers may become potential buyers in future. 2) Next, emphasize or reflect the desired properties that they want in the selected product. Address any concerns that they may have which hinder their decision to buy. Th...

STI has broken the 3000 pt to 2884 following the pessimistic market outlook on US debt issues and the PIIGS debt. I am currently suffering from my biggest portfolio plunge ever. What have I learnt here?   Lesson One learned - 见好就收, observe the tipping point Lesson Two - wait out the storm and buy only when things stabilize and not during the plunge point. Lesson Three - buy stocks that give good  dividends or bluechips (take panadol if market stays low) Lesson Four -  look at figures with 平常心, don't panic! Investing takes  Patience and Discipline . Keep calm & Invest ***