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Happiness in 2012.

Saturday, December 31, 2011

The new year is just hours away.

I took this photo in Ueno Park during my recent trip to Japan. The scene has a calming and pleasing effect on me.
Bicycles are important transportation vehicles in Japan. I smiled when I saw this bicycle.
Daibutsu in Kamakura. "If one speaks or acts with pure thoughts, happiness and peace of mind will follow."
This helpful sign outside a shop solicited a hearty laughter from me.
Very often, simple things can make me happy.

May all of us find happiness every single day as we celebrate the simple things in life.

Happy 2012.

Hyflux: Broke resistance.

Friday, December 30, 2011


On 15 Dec, I said, "Right now, $1.065 is immediate support provided by the 123.6% Fibo line. A stronger support would be at $1.015, the 138.2% Fibo line and a golden ratio."

Hyflux's share price touched $1.015 on 23 Dec, forming a white spinning top at the end of that session. A positive divergence was also formed in the process. A lower low in price and a higher low in the MACD. A buy signal. Congratulations to anyone who went in on the long side then! (I think I was visiting museums, temples and shrines in Ueno that day.)



Its share price has overcome the resistance provided by the 20dMA. Any further increase in share price will see resistance at $1.22 (the high in early December) and $1.24 (as provided by the declining 50dMA).


There is, however, no sign of a trend reversal in the weekly chart. So, conventional wisdom would suggest selling into strength instead of holding. If $1.24 could be overcome convincingly, there is a chance that the declining 20wMA which would approximate $1.39 next week could be tested. This would coincide with a natural candlestick support. Whether it would happen would depend on the strength of this rebound.

A partial divestment at immediate resistance could be prudent although the very high volume that accompanied the formation of the long white candle in the weekly chart holds promise for long holders. Good luck to fellow shareholders.

Related post:
Hyflux: Continuing downtrend.

A common piece of advice on saving.

I want to say something about a very common piece of advice dished out by many financial advisors and that is to save at least 10% of our take home pay. 

Now, this is an easy enough one liner but is it easy to put into practice?






For me, however, I have always said that saving even 10% is too little. Of course, everyone's circumstances are different. 

So, for some, 10% is all they can manage. For some, even 5% could be a challenge. I have found out, over the years, that many do not save anything at all.

For people who are saving 5% to 10% of their salary every month, they want to work on increasing that percentage. For those who are not saving anything at all, it is worrisome indeed.




These people should sort out their needs and wants and see if they could start saving some money regularly. 

If they have made all possible reductions to their expenses, they might want to find ways of increasing their incomes. This will power up their savings rate assuming that all additional income earned is saved.





It might sound trite but saving is the very first step in an average person's journey towards financial freedom. Remember, it is always hardest in the beginning. Start and don't stop. As we gather momentum, it gets easier with time.

Remember Newton's first law? Yes, it is the law of inertia. Without exerting a force to make a change in our lives, we will remain where we are and inertia is bad company. Once we force ourselves to move and stay the course, inertia becomes a good friend.





Remember also the POSBank mascot, a squirrel. We were always encouraged to save in our school days. There is no reason why we should stop once we leave school. 

Squirreling away even a small amount each day would definitely add up. The result could be amazing when coupled with prudent investments.





Shall we perhaps start with that drink we always buy in the canteen during lunch? Could we instead drink from the water fountain in the office or make a cup of coffee in the office pantry?

Saving $1 each working day would mean $20 a month or $240 a year. A cup of coffee from Starbucks would cost many times more. Quite unhealthy too, in more ways than one. Seeing stars?

Invest the $240 for a 10% yield and we would have 24 cups of "free" coffee in the following year. If we like Starbucks' coffee, it would work too.




Now, assuming Starbucks' coffee costs five times more, if we should be willing to "downgrade", we could be looking at 120 cups of "free" coffee instead of just 24. Downgrade? Another sacrifice? If we can live with it, why not?

Trust me when I say that frugality has a way of growing on us. Saving $240 this year might yield 24 cups of "free" coffee in the following year but once we are used to not paying for coffee as a working adult, we could have "free" coffee for the rest of our lives when we finally retire. Amazing, isn't it?

Sacrifices made today could transform into huge gains over time. Believe it.




Related posts:
1. Wage slaves should be fearful.
2. Do you want to be richer?
3. Seven steps to making passive income from the stock market.
4. Roads to wealth creation in the stock market.

Berkshire Bak Kwa!

Wednesday, December 28, 2011

Berkshire Hog are known to produce supreme quality gourmet pork. Also known as (KUROBUTA) (Black-pig) in Japan and recognized as WORLD’S BEST PORK.

No hormone or antibiotics are used in the feeding process and natural pork are minimally processed without use of artificial ingredient.

Fragrance is the first Bak Kwa manufacturer in Singapore to introduce the 100% USA Berkshire Pork Bak Kwa. Also known as Black Pork or Kurobuta Pork, Berkshire pork is prized for juiciness, flavour and tenderness, is pink-hued and heavily marbled. Berkshire Hogs grow at their own pace, with humane farming techniques and without the use of antibiotics or hormones.

Fragrance “Black Pork” Bak-kwa are being marinated in our special recipe including 18 precious herbs without any use of preservatives.

Each piece of our US Berkshire Pork Bak Kwa is individually vacuum sealed for freshness and is 100% made in Singapore with no preservative added


Get some for this Chinese New Year:
http://sg.churpchurp.com/AK71SG/share/fragrance

Tea with AK71: Mechanical car parks.

I am back in Singapore. Got home at 2am and slept at 3am. Woke up at 8am. Unpacked, read the news a bit and replied to comments here in my blog.

Thanks to everyone who sent me well wishes for my trip and apologies to those whom I did not manage to reply to till this morning.

I did not look at the stock market or my blog while I was on holiday in Japan the last 10 days or so. When I looked at my watchlist this morning, nothing has really moved. My portfolio's value has remained almost unchanged.

It is interesting that the HDB is thinking of introducing mechanical car parks for older estates where there is little or no space to build more car parks. I took some photos in Japan of such car parks.


In fact, land shortage is so chronic in Japan that they even have mechnical parking for bicycles!


Some families who own two cars but have only enough space at home to park one car also mechanised the space so that they can park two cars instead of one!


It will take me a while to get back to speed with life in Singapore but it is good to be home. :)


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