Get richer, raise currency?

7 Nov 2009 The Star BizWeek, P.Gunasegaram wrote this on the view point. "The first step to move toward higher income is to let the currency rise". The title of this article is " An easy way to richness".

A naive view. I think none of the economist will agree with him. If by raising currency can make the country rich, who don't Indonesia, and other poor nation let their currency rise. The question is, how? When investor have no confident about your government, the investing environment is not clear, the factory output is not competitive enough, who will willing to bring their money to invest in the country. Without people bring in the money, how can your currency rise? The government bought it itself?

P.Guna was saying this statement because, Najib claimed that, in order for Malaysia to become as rich nation by 2020, we need annual growth of 7%. So P.Guna suggested, why not we let the Ringgit to rise 7% annually, it brings the same result. Yes, a simple calculation, but the problem is, how to let our currency rise, it can't be done by saying, "Let's Ringgit rise 7% today".

The currency rise must come together with the nation growth, just like China and Singapore. With the GDP growth 10% annually, plus the Yen rise more than 7% last year, actually China citizens become 17% richer than previous year. We wished to be same as them too.

But by rising the currency, the company's export will be affected. The goods is no longer cheap, unless your productivity and quality rise together with the currency, else your goods will soon become very expensive, and lost competency. I am not sure did P.Guna thought about this, before he published the article.

If the nation with highest currency is richer, than we are richer than Japan, and Taiwan, Korea etc.

The Alchemist

It had been so long that I din finish reading an English book, I mean soft one, not those Times, Newsweeks, Busineesweek etc. Sometimes it is good to read some soft book, I will helps, for us to rethink about our lives, dreams.

"The Alchemist", a short story book, which is telling about a story of a boy chasing his dream, a treasure in pyramid. Through simple story, the author brought out some obstacles, which everyone is facing in their live.

While reading this book, I start to think about a simple question. What is your dream? A simple question, but I don't think people can easily answer it. I myself cannot answered it, even to myself. Are we getting more stupid when we grew? Why a simple question, which can easily answered by a kid, and can't we? Live become robotic, after you start work. Everyday start with a constant rhythm, seeing everyone going toward one direction, and so on the evening. Time to start thinking.

Here it is. The Alchemist. Thanks Lion for giving me the space for uploading the book.
http://lionel.chimou.com/fff/The_Alchimist.pdf

泰国浅旅 2009/08/30

为什么称为浅旅呢？因为走完这一趟后，觉得至少还可以再来5次，才会对它的文化有深一点的了解。加上语言不通，少了许多乐趣。

上次台湾之旅，比较多照片，这一次，文字会多一点。

2009/08/30 4.00pm : 到达Phuket Airport. 一阵喧哗。到处都是Taxi 的Service provider. 网上看到到达Patong Beach 是 500 B, 不过还是给人唬了，650B , 到最后 550B. 后来才发现，外面的，价钱从550B起跳。所以最后应该可以减到500B。

2009/08/30 5.00 pm : 到达Patong Beach Resort. 27 SGD 一晚。奇怪的是，原来在网上订购，还比现场便宜。下次一定要网上订购。现场订要1000B一晚，晕倒。

2009/08/30 5.15 pm : 饿到七彩，赶快去吃东西。一路上，有很多按摩女郎，在招揽客人，感觉很红灯。吃Pat tai. 吃的时候，还看到两个疯狂的年轻人，沿途跟人家说，叫鸡很爽，还抚摸下体。真的是 -__-|||. 我还拍了他们的照片。
2009/08/30 6.00 pm: 忘了说，其实当地时间，慢我们这里一个小时，所以其实当时只是5.00 pm 而已。Patong Beach 很大，风也很大。不过我相信他不是最美的。
2009/08/30 7.00pm : 去Patong Beach 最热闹的街，不过它好像还没醒。
泰国独有的Mc Donald 叔叔
2009/08/30 8.00 pm : The night is still young, 所以我们先去吃了。很特别的饭。
2009/08/30 9.00 pm : 去看Tiger show. 500B 一个人，本来打算说去见识一下，哪里知道货不对板。简单说明，就是随便派几个女子，在上面跳舞。跳了几分钟，再换四个。有些已经是老阿姨了，真的是晕。然后就表演。Ping Pong, banana, balloon 之类的。 跟之前想象的落差很大。带着希望进去，失望出来。

2009/08/30 10.00 pm : 遇到一堆人妖，被（他/她）们捉住要拍照。只好拍了。100B每个人。晕。
过后，就回家了。终结第一天，花了很多钱，而且很多都是不甘心的被 diok 的。真的是很会砍人，可能之前一直去那些文化之都旅行，所以来到这里，有一点不习惯。

Good Bye risky doggie

I should wrote this article earlier, early July, when I get burn from sudden trend change from bear to bull, with GS better than expected earning announcement. Eroding all the gain, with > 70% of initial capital, I start thinking am I betting too much, too much than I can afford to.

Start then, I decide to think back, and invest on fundamental stock. Really cannot get used with the portfolio only fluctuating <1% every day. When the age grow, we are not able to take risk as we are young. When our portfolio is 10k, we can put 100% in the options, but when our portfolio is 100k, we cannot do the same.

So many veteran investor i met, told me to invest, and not gamble. But, when you earn money from it, you thought you got the method, you think all is in your control, and trade bigger and bigger. This is the most common mistake amateur failed to do, position sizing, especially when you trade in high risk position.

I am old, and cannot afford to lose big money anymore. I will focus of manageable position, and only put small portion on trading high risk counter. Kiss good bye, risky doggie.

2009/07 台湾之旅 5

很快的，来到第五天了。今天重点，青青草原。
2009/07/24 8.30am: 到达青青草原
2009/07/24 9.30 am : 绵羊秀
--剪羊毛-- 绵羊衣--可爱的绵羊--没毛的绵羊--

2009/08/12 CADX

Thanks Lion for sharing.
2009/08/12 10.30pm :Buy 11.01
2009/08/14 11.00pm : SL 10.60.

-1R.

10.60,11.01,11.42,11.83,12.24,12.65,13.06,13.47,13.88,14.29,14.7,15.11

2009/07 台湾之旅 4 (part2)

太卡了。所以分开两个贴。
2009/07/22 5.00pm : 去清静的旅客中心。
-- 7-11--风车节-- 小瑞士花园2009/07/22 7.00pm: 去旅客中心走走。
--薰衣草个性小店
2009/07/22 8.00pm: 回旅馆。
--

2009/07 台湾之旅 4

2009/07/22 8.00 am : 本来说要5.00 am 爬起来，然后去走步道（忘记叫什么名字了），不过，因为床太好睡，结果.......还被偷拍。
----2009/07/22 : 吃完早餐，就去租机车，环岛。
---- 文武庙时间的关系，我们一定要在11.00 回到旅馆。所以只绕了10% 的岛。不过还好，大致上该去的，我们昨天坐船，都去过了。
--孔雀园里的孔雀
--还拍到一只大蜘蛛
2009/07/22 12.00 pm : 还了机车，我们就搭巴士去浦里。
2009/07/22 12.40pm : 在浦里。买去清静农场的票。时间有点赶，就在附近吃经济饭。它的炸鸡很好吃。
2009/07/22 1.00pm : 康利他们去台北，我们就在等巴士。
2009/07/22 1.30 pm : 搭巴士去清静。没想到是那么高的。一路上风景很美。
--2009/07/22 2.45pm: 一直拍照，错过了我们的民宿，摘星楼。结果在这里下，叫旅馆的人过来接我们。这里没有零钱的公共电话，结果只好跟7-11 的人借电话。
--很美的7-11
-- 摘星楼
--被熏衣草包围的感觉真好-- 后花园-- 太多了，卡贴。另外开一个。

-

2009/07 台湾之旅 3

2009/07/21 4.00 am : 早上要去搭火车上祝山，看日出。大家都睡到blur blur 的。
---- 小火车
我们走到最高的观日台。爬到很喘。不过一切都是值得的。
-- 5.00am 的天空-- 5.15 am-- 感觉就像一幅画，然后我把人像贴在前面--阿里山村长（不知道是不是真的）--太阳要出来了。--其实当时，是这样亮的。

--保护眼睛的。10元一个。--5.40 am, 太阳出来了。眼睛拍到要坏掉。忘记开live view。-- 阿里山云海过后，买了一些土产，就步行回旅店。
-- 停，看，听2009/07/21 7.00 am : 回旅馆吃早餐。过后，睡了一下。
2009/07/21 8.30 am : 去走步道，忘记叫什么名字了。
-- 旅馆的画。不知怎样才可以拍到。--我拍的，没什么效果--紫川拍的，比较美。--姐妹谭，的姐谭

一路上，有很多古木。各种形状都有。选了一些特别的。
-- 金猪报喜
--木林2009/07/21 10.00 am : 不敢把整个步道走完，因为11.00am 就要checkout 旅馆了。所以走马看花地走走，就回到旅馆。
2009/07/21 11.30am : 在旅客中心，搭van 下山。
2009/07/21 12.15 pm : 到达奋起湖。吃午餐。这里有闻名的铁路便当。
-- 登山食堂，铁路餐厅-- 铁路便当--薄饼雪糕，这个好吃。-- 旧火车2009/07/21 1.15pm : 直接出发，前往日月潭。路程太长，睡觉。阿里山的山路满危险的，但是车比较少。
2009/07/21 3.00 pm : 停在集集，休息一下。这个集集，就是921 大地震的震央。很多东西都毁了。
-- 集集火车站

-- 羊奶雪糕--纪念品，可以盖特别的印章2009/07/21 3.30pm : 出发去日月潭。集集出名种香蕉。第一次看到那么大的香蕉园。
2009/07/21 4.00pm : 到达日月潭。入住水社码头休闲饭店。很美，很好的饭店。其实有免费三温暖，只是我们都没准备。
--水社码头休闲饭店2009/07/21 4.30 pm: 做船环湖。
--船，不过不是我们这艘。-- 美女（在玄光寺）--拉鲁岛-- 传说，摸了这个猫头鹰，就会生孩子-- 伊达社2009/07/21 7.00pm : 吃晚餐，没什么东西吃，又吃鲁肉饭，阳春面。
2009/07/21 8.00 pm : 音乐喷泉。不好看。太普通了，音乐和水花，根本没对上。
--然后，我们去走步道，看不到星星。不过我们有买一些烟花去放。
2009/07/21 9.00 pm : 没有东西做了，回旅馆，休息，然后品茶，看电视。<头文字D>