|Is cash really king?
‘A dollar today is worth more than a dollar tomorrow.’ This adage
Despite the return of a modest appetite for riskier investments in
To determine the optimum cash allocation investors should view cash
It is important to understand some of the psychological motivations
Cash is also closely linked to some of our most basic needs. Abraham
With the knowledge that an investor will always hold cash, how
Cash allocation analysis
There are three major reasons for holding cash that can be looked at in the context of a cash allocation analysis.
An investor seeking to determine their optimum cash allocation
Once cash has been allocated into these three buckets, any cash that
Alternative liquidity solutions
It is clear that a systematic cash analysis is essential to define
Given the low interest rate environment and the superior returns
An ALS is typically structured in note or certificate form and
It is, however, only with some additional risks that some of these
Some of the more complicated ALS products do not provide daily
Such products are therefore not for everyone, but if investors
The recent market volatility has created a flight to safe haven
The writer is Managing Director and Head of Products at UBS Wealth Management Singapore
|Dr M willing to face probe of his 22-year rule
Dr Mahathir said the commission should not be made up of government
He suggested that the commission should not focus on just one prime
"It should also include how much money was lost due to the
"What is the cost over-run in the construction of the Bakun
He also wrote that for the inquiry to be successful, the government
"There should be no cover-up of any kind. Barry Wain must provide documentary proof of any sum that he alleged I had burned."
Wain is the author of the book Malaysian Maverick: Mahathir Mohamad in Turbulent Times.
Dr Mahathir also agreed with Lim, who is DAP adviser, that the
"Depending on its result, I reserve the right to sue Barry Wain, Lim
Dr Mahathir also requested that the book be released immediately.
"I am not in need of government protection."
^ ^ all I can say is that what happens even if he is wrong or at fault? what can be done ? The egg has been burnt , the water has dried, He has laugh his way to the bank and he is enjoying high life. you cannot turn back time.
Question: What is the truest definition of Globalization?
Answer: Princess Diana’s death.
Question: How come?
An English princess with
an Egyptian boyfriend
crashes in a French tunnel,
driving a German car
with a Dutch engine,
driven by a Belgian who was drunk
on Scottish whisky,
followed closely by Italian Paparazzi,
on Japanese motorcycles;
treated by an American doctor,
using Brazilian medicines.
This story received from an Indian,
And forwarded to you by Indonesian,
using Canadian’s technology,
and you’re reading this on your Blackberry,
that use Koreans chips,
and a Taiwanese LCDs,
assembled by Bangladeshi workers
in a Hungary factory,
transported by Pakistan lorry-drivers,,
unloaded by Sicilian longshoremen,
and repacked by Mexican illegals!
Shipped to Hongkong and Singapore before finally arrives in your hand…
That, my friend, is the true meaning of "Globalization".:)
ya,, lucky I dont pee during race time, no matter how hard I try I wont ! its utterly disgusting ! what on the road side ler, what you guys thinking ? anyway its their run, not mine, but I pity the poor people working at those site, WOWEEE the stench ! i can tell u, all the gatorade, poweraid etc..etc.. sure smell hell of a sweet urine !
I was running a very slow run, wanting to take it 1km at a time, and it does work, mind you I am going to save you from reading my whole journey cause its nothing, me running and running, nothing much to say there but you know this year they gave out am additional encouragement BIB! I think its pretty good that Stan Chart gave that out, cause its to motivate the other people and not themselves. I read a few funny one like "stop reading start running" , L first timer, please bear with me etc..etc.. and some family ones where their kids would draw on the encouragement bib. so awesome saying things like DADDY my HERO, my dad will come in at 5hrs.. etc.etc. well join if you want to read more, I sure ain’t gonna remember all those cause I was running !
Running and running till the 10k mark, I felt my last toes having pain, I was so blardy worried thinking that shit, my toe is going to be amputated due to blood clog, but I pressed on with the pain till 21k mark, the half marathon mark. I sat down behind the water station and took out my shoes, my blister is the size of a 20cents coin, saying maybe I should just leave it, and press on, after all Alvin said, just GRIT with it ! and so I did, after the 27k mark, I just gave up, its like a knife stuck to your leg and you are pounding it deeper and deeper, yup thats the feeling. Stopped and ask the medic, do you have plaster? yes we do! *YES* do you have something sharp ? er.. let us look, NO! *DARN* I said its ok, I sat behind them and took out my shoes, this time round the whole blister is as big as my last toe, sat down and tried to squeeze the hell out of it, the water just didnt want to pop. didnt want to waste more time, I called out to the medic, you guys really dont have anything sharp? *shit thinking how to burst it*
the girls came over saying no and was very apologetic, i said its ok, so kept squeezing it, but just didnt want to burst, the girl took a look at me and said. "hey what about your pin hanging on your bib" *NAH BEH why I didnt think of that sooner* so I burst and I started running again, this time with RAW skin grinding my last toes. After 35k, I just gave up running, I walked all the Freaking way to the finish line, so here enjoy some pictures I took of the last few km, there are very inspirational quote found at the bottom of every marker.
Well I dont know if you guys notice anything from all the marker pictures I took, Did You ? do you know notice anything ? well not the last Santa Lady, this is actually her 9th Marathon or something already, she just got back from the BKK marathon and the Shanghai Marathon, and dont ask me why she is wearing that outfit, Christmas come early I guess ! hey lighten up, its CHRISTMAS ! SO did you notice anything ? ok not the SPACE MAN in the 30km marker on the right side, I call those people space man, cause they wear those high tech gadgets and super tight compression shirt and tights, well ? notice? I hope you guys notice, cause I wont tell you. lets see who gets it right.
and lastly Thank you to gurl who is always my BIGGEST SUPPORTER AND CHEERLEADER ! she is always the reason for me to run faster cause I dont want her to wait!
this is me after Marathon, went back showered relax for 2 hours went out to Pauline and Justin baby then went JB to shop, did It hurt after running a Marathon? OF COURSE LA ! pictures of my blister *NOT FOR THE FAINT HEART*
I had just finished my Marathon and I would like to say :
I can tell you ever since New Balance took over the goodie bag is BARE ! basically nothing ! even the t-shirt was ugly. Lucky we were given the 42.195 km finisher T.
Yes that is all the thing I had from the goodie bag, not even a can of 100plus, not even hydration salt ..etc..etc.. a lousy shoulder bag. even NB real run gave a nicer goodie bag.I feel cheated after paying like $59 after discount for it, imagine those paying full, suirely they felt the burn in their heart. WAKE UP NB ! people love goodie bags, please get more sponsor to put in nicer stuff
The race started at 5:30am in the morning, and there was roughly 15k people in the pen waiting to start. I feel lost as this time I am alone and no wing man. Girl woke up with me to come to the race. Told her that I would be doing 4 hour Marathon, cause roughly from my training should be sub 4 hrs or 4hrs30min. Since this is my Virgin 42k, i didnt wan to push myself for speed cause I honestly didnt know what to expect of a 42k run, I only had one thing in mind "FINISH THE RACE" and yes Finish I did, but not in a glorious time as I wanted, not even 5hrs, What seems to be a target changed to a grueling walk to the last meter.
Gun Flagged off, started running and first 2k, saw someone puked out their breakfast on the side of the road, Disgusting, well that is actually not the most disgusting thing I have seen for this race, the most disgusting is ………………………………………………………………………………………………………………………………………………………………………………………………………………..
people urinating around the side of the road, well I can tell you Singapore is definitely going to be darn smelly after this race, seems like every m there was like 4 to 5 people peeing at the same time on every km, you will see people go to the si de to pee, facing the tree, facing the bush, facing the wall, anytime you look around you see people relieving them self. I am glad to say also that I DONT PEEL …. *sorry continue in part 2*
You have seen those medallion they sell made of stone, cost you like $200++ dollars just to get hold of it, My dad has one and its butt ugly.This necklace made of stone is actually some sort of energy balance thing that will increase your balance within second, yes! you heard me right, in seconds! well its something like the Phiten necklace but this is a different thing all together, Phiten will actually release and relax your nerves and muscle where as this EFX is a balance and strength necklace, I was really skeptical saying this is all a gimmick, I asked girl to try it out before I did, cause girl usually not that strong, I was going to laugh when the girl demonstrate it and push and girl will fall even with the bracelet or necklace down, Here is a picture of girl doing the test
And guess what, no she didn’t fall and I didn’t get my laugh, she was ROCK SOLID when the lady demonstrated the product, I was like WADAFaK !! this can’t be real, maybe girl con-inspired with these guys making me feel like a dud. So here is me testing the balance product out
See the next picture of me falling down, well yes that was before the EFX bracelet was put on to the test, Keep looking at the GIRL yes, the GIRL *not her butt k* but look at her strength at first when she pushed me down, look at the body language, not much strength needed to put me off balance eh .. well keep looking below, look at her body once I have put the bracelet on.she seems to have used her whole body weight on me, and look at the skeptical face of mine on the right, I was like seriously, is this like magic? well magic or not, it sure turned me to a believer ! Girl and me bought the items and even got for our parents! Well don’t take my word for it, go try it for yourself and be a believer.
Back in the year 2000, I was working for Starbucks and most of the people I meet are business people from all over the world, but mostly they are from America cause of the store that I use to run, it was smack at the end of Orchard Road, where Orchard Parade was situated, I was there for a good 2 years and I have seen and meet people of all sorts, I had a great time working for Starbucks and it was one of the best memories that I will never forget, I have forge friendship working there like friendship I had forged back in my school days , this were kids I was working with back then, kids as young as 16 till 18, that time I was in my early 20ties, and it was really fun working with them. I have seen most of them grew up to adult and successful people, I feel kinda proud knowing this kids, who when was young worked hard for tuition fees and own pocket money, they totally have my respect ! some along they way have migrated to other countries and sad that we have lost touch, so speaking of mandarin I remember when Jonathan thought I could speak chinese, he asked me to string a sentence and I reluctantly told him NO, he said come on try it, so I went and string this words which I knew and he started laughing like mad. It was
Wor Ming Xhi Shi Isaac ! it means My name is Isaac, I could still remember his facial expression when I said that out when we were in the office closing up the store. Well well well.. those were the memories everyone had…
I am now reading "Chaotic Thoughts from the Old Millennium" written by Mr Sim Wong Hoo and I can say at the moment he is my idol, he is the classic example of business man from hardship and also with a great attitude, I have not finish his book yet but I can say that I am liking it, It was written in 90ties and its a good read, best of all that book from written to print only took 6months which people say is impossible, well he proved them wrong with his BHAG "Big HAIRY AUDACIOUS GOAL" ok i wont know why the word hairy is there, you have to ask the man himself. I would like to meet him myself. Let see if I am able to do that next year ! He kinda reminds me of myself, but I am not so adventurous as himself, Imagine he asking his sister to send him to the airport and with no destination in mind, the next thing he knew was that he was on a plane to Kathmandu and going to scale Mt Everest. well, I am not going to spoil that book for you guys, please pick it up at your local library, dont go out and buy one cause its not going to help the world. Save the world, Why buy when you can loan !
I will try to remember to post pictures more , its just that my blackberry is not connected to this laptop, my Acer laptop died on me and I have not find the time to repair it, I also started using my Fuji S304, people laughed at me because its only 3.2 megapixel camera, I had bought that in the year 2002 and HELLLOOOOO , in that year 2002, 3.2mp DIGITAL CAMERA was like only high end in Singapore ok !! most guys weren’t even using digital back then,
I got that for a good $700 dollars cause I still have the receipt. sad thing is that I lost the cable so I was not able to transfer the picture file to my other laptop. I need to go to Sim Lim to look for a card reader, If you have a unwanted xD card reader to spare, please send it to me, cause I dont want to go out to buy another plastic and kill the world ! I will pay for your postage. Will repay your kindness if I can. Thank You in advance
anyway, got to continue reading the book, its another way to relieve stress from thinking of my 42k Singapore Marathon this coming Sunday. I am sure to bleed, cause I did not even train for this, I feel lousy and I am sure to regret it ! but hey, as I always say, dont regret what you do just blame it on others ! hahah just kidding , but Do not regret what you have done, just learn from the lesson!