Tuesday, April 01, 2008
♥ 3:38 AM
pst tan preached a very very good msg on sunday. glad i was there to hear him! he mentioned that if you want to get somewhere in life you must start where you are! got to make a decision to start NOW! for me the part that really got me thinking and being serious is the part when pst talked abt savings.
as mentioned earlier i was out with val went to hongkong cafe near our hse there for a drink and we talked abt finance. was sharing with her what i shared with chai huat on sunday. time to get serious in the area of my finance.
it would be great to be a millionaire thru your own hands. God is good! me and my bros have good parents who knows how to save and make sure we will live in comfort. but i wanna know that actually i can also become a millionaire thru the power of saving and making wise decision on my finances.
i must say my dad inspire me quietly even though i don't say it to him. he is just an O level grad. he is a successful person. made his riches from sratch. saving here and there. and he is where he is right now because he is hardworking person and he know the power of saving. he told me once...he may not have the best qualification in terms of education but he is better off in terms of financial because he knows how to save.
don really have a habit to save one. although i don see myself as a spend thrift but i dunno why my money keep on depleting also haha. but decide from now on i wanna save. make it a habit to save.
was sharing with val that next month shall open another acc purely for saving purposes. not going to touch the money until i have $1,500 inside there. from there gonna take $1,000 out put into FD since the compound interest rates offer by the bank are so low it makes no sense letting my money sit in the bank. got to source for banks that gives good interest rates for every FD that i open with them. this will be my goal! hopefully by june i can open my first FD with my own money. although God knows how many acc or how many FDs my parents do up for me and my bros. wanna have the satisfaction to be able to do it on my own and not thru the help of my parents. Got to make it happen!
i was always interested in playing shares and learning how to speculate in this area. though the returns can be high but the risk is also there. wanted to invest a couple of years ago, my dad don encourage. and when he is ok with it i was broke. so now since i have money i wanna set aside a sum of money to invest in shares. always remember what my dad told me. he is not a risk taker and he understand that alot of ppl get their fingers badly burn because of shares. but he just wanna learn and if can make some money. ever since i know what is teletext as a kid i always see him watching some boring page on the tv with some stupid figures but i nv know what is it.
he told me that he won't put the family at risk because he wanna speculate in shares. say for example if he has a $500,000 he will only set aside $50,000 just to play. if he makes money good if he lose money because of shares it will just be that $50,000 and nth more. since interest rates are so low and letting my money sit in the bank and collect dust i might as well learn to spread my money wisely and invest on this and hopefully make some money.
was talking to char abt her new job last friday. she is currently working at jardine & smith. new term that i learn call "land banking". quite attracted to it. i liken it to en-bloc. was talking to my dad abt it and he say he is not interested in it. but i am quite interested in it. but i need to fork out like $20k which i am not able to. so if i can make some money through shares who knows i can ask char to help me invest $20k in a plot of land in england. u mus be thinking a plot of land in england where got so cheap. of cos i don get to own the land with 20k most likely i can only buy one standing spot of that land. but the returns is in pound. since the next olympic is held there and most likely the 2018 world cup will be there also. although no one knows when the developer will come in but since the banking world right now is so in a mess i might as well invest money in land. and i guess everybody know land is the only "stable" way to get money.
told char my plan on friday that i wanna be a cgl and also a leader in chorus board if God willing. don't want to be limit my mindset. was talking to gordon on sunday. kelvyn talked to me during easter abt whether i have the desire to rise up as a leader in chorus board. he was sharing with me he understand that i am going NS this year and maybe tough for me to rise up but he shared with me abt this guy called darren who is in NS but he is like the 2nd IC helping sihui to oversee the sunday svc team.
like i say i don wan to limit myself by telling myself or making excuses that jus because i am going NS alot of things cannot do. but rather i wanna trust in God that anything and everything is possible! i am already very bless to have a very good leader who see something in me and willing and patiently teaching me. as i was talking to gordon, i was telling him i hope to be able to be like darren and be able to help my ic more by june. whether anot it happen by june doesn't matter. impt thing is i set a goal and be focus and run towards it. well with God nth is impossible!
change is the only constant thing in life. you shape ur own future with every decisions you make. either you choose to lead change or change will lead you.
i like what van say..because in work i always like to disturb her with problems. she will always tell me don't give me more problems give me solutions solutions. well i say stop looking at ur problems but start giving solutions.
my dad told me this once..he is not good at studies. he understand that some ppl are not good with studies. but the worst thing is staying at home rot ur whole life away and do nth. he will always say go out there work learn something. he know his weakness but he too learn to overcome his own "problem".
Labels: change
pst tan preached a very very good msg on sunday. glad i was there to hear him! he mentioned that if you want to get somewhere in life you must start where you are! got to make a decision to start NOW! for me the part that really got me thinking and being serious is the part when pst talked abt savings.