Thursday, March 31, 2011
Apparently it is to discourage people from leaning their heads & staining the windows with their hair gel. Much less cleaning allows for better productive tasks instead.
I noticed a new bus service by Causeway Link that plys non-stop between Newton Hawker Ctr carpark & JB customs ($2). Earlier on it launched a shopping shuttle that is obviously targeted at S'poreans. These 2 bus services tells me that the local shopping scene is no longer as attractive as before despite the numerous mushrooming of malls around S'pore.
Increasingly crowdedness & relentless rise in costs of living have attributed more people to go over to JB to shop.
Wednesday, March 30, 2011
More places will be banning plastic bags in JB starting 1st June (currently Sat is no plastic bag day). 20sen will be charged if a plastic bag is needed. Sadly in profit crazed S'pore the plastic bag addiction is strong & no businesses want to take the lead other than Ikea which have no major competitors.
From retail, the green message is creeping into toilets in our neighouboring country. Even their aircon is set at an environmentally friendly setting unlike S'pore where some places are still blasting excess cold air
Do we have to consume, consume, consume in a mad bid to boost consumption which is a major driver of gdp growth? Present govt's gdp obession is nuts.
Tuesday, March 29, 2011
Only return you'll have is the dividend yield. Yes it sure beats putting $ in fixed deposits. Although the index fund is only available to the public in 2002, the chart is to illustrate why buying at wrong time will lead to dismay performance of one's portfolio & a slow train to accumulating one's nestegg.
If one knows how to short, it is an exciting time cause money is made even faster on the down moves.
Saturday, March 26, 2011
Did the captain of that destroyer escort say to himself 1) the battle is a sure loss? 2) how to defend with only a few destroyers+escorts & carrier escorts? 3) Follow the others & run? No he didn't have such defeatist attitude. Other ships & men got morale boost & charge the japanese & pulling off a miraculous victory.
Who says the action started by 1 man is not enough to change the tide of battle?
1st part of 5:
Death of Japanese Navy Part 2
Death of Japanese Navy Part 3
Death of Japanese Navy Part 4
Death of Japanese Navy Part 5
Sadly the body of that courageous captain who led the charge was never found.
Wednesday, March 23, 2011
'US companies remain deeply concerned over China'sIn China their govt uses state capitalism to strengthen the local companies so as to employ more of their population - happy about their wages & lives & in turn support govt. In S'pore is quite the opposite. In recent years the govt has flooded in masses of cheaper foreign labour to suppress wages so as to have higher earnings for the state controlled listed companies. Lower productivity is a result.(short term benefits at expense of long term)
regulations that favor local companies at possible expense of foreign
With much of the population's wages stagnating/declining in real terms & highly in debt due to mortgages, there isn't much discretionary spending power left to fuel the economy further. How can most businesses grow when consumers don't have much spending power?
Thus far none of S'pore's businesses(non-state) make it big compared to other Tiger economies like HK, S Korea & Taiwan. Is also a reason why people say the current govt has run out of ideas to grow the economy & the casinos are a desperate measure. With the resources of the state backing those state controlled companies, private companies have a hard time in certain sectors of the economy - hence there is no free market.
Current state of affairs is among 1 factor leading me to have a bearish view on S'pore's future.
Saturday, March 19, 2011
Platform of man-made landscaping over the canal:
End of landscaped platform. Canal at background:
A crossing added with bit of landscaping over the stormwater drain further down from Tanglin Road:
Extended shelter. The last of the so called main sprucing up.
End of this Alexandra Canal is Zion hawker centre on opposite bank. A pitstop for food & drinks.
Friday, March 18, 2011
Its dividend of 20¢ is more than Earnings Per Share of 15.3¢ which is unsustainable - it's paying out more than it earns.
Naturally something has to go/deteriorate since the market here is saturated already. On a sidenote i consider property related stocks (reits, malls) dangerous as well. Increasing no. of citizens are in debt up to their eyeballs & unable to meet minimum sum in their retirement accounts.
Property market will crash badly one day & bring down with it related stocks as well.
Wednesday, March 16, 2011
Bought it from a neighourhood shop(closed down already) during my teenage years for around $300+. I know nothing about bike sizing then. Surprisingly though this old bike fit me pretty well. $300+ budget nowdays can get a better components bike. I consider my $427.50 Polygon Helios F100 to be a good deal for its components(dare not commute much since afraid stolen).
Components on the old bike that is worn out & replaced are:
- rear sprockets
- both tires (worn out)
- tube replacements (punctures)
- gear cable broken 2-3 times from countless gear lever shifting
- Bottom bracket bearings (bearings worn out; can hear friction noises)
Over the years this old commuter bike has added at least $2500 to my bank account from bus/train fares. Worthy investment indeed on road to financial independence. Comes along with time savings & exercise factors as well. Fun too with exploratory rides.
Monday, March 14, 2011
I like being in control, something waiting for train/bus arrivals can't give me.
Look with awe at how wave overrun wall defenses & float boats over & capsize it:
If you are interested in the subject it is easier to study & get good grades. Many people score badly in geography since the subject is taught in a boring way in school. Govt propaganda of raising school fees relentlessly to provide better teaching is a bunch of bullshit now with online videos such as this to make teaching easy & fun after 'wowing' the students to stir up their curiosity.
Govt bureaucrats are slow to change.
Saturday, March 12, 2011
Pace of life in S'pore...... Govt's inexorable obsession with growing gdp at all costs(minister's pay packets are linked to it).
Thursday, March 10, 2011
A fan of the battleship apparently built a lego model of the ship. Frickin impressive! Legoland theme park will be opening in end 2012 or early 2013 in neighouring Johor, Malaysia. First such Lego theme park in Asia. Is a shame the 'scholars' populating the government ministries follow what everyone else is doing by bringing in Universal Studios. In such a hot & humid local climate... Legoland is what ought to be brought in instead.
Ship was memorialised in various forms by the Japanese. A model of the future space version was conceived in cartoons & a movie. Here's a model of the space version in a swimming pool:
Personally i find Lego toys a nice tool for children's creativity. Possibilities are so many. This toy from Denmark is considered expensive considering is just plastic building blocks. What's amazing is to date there are no significant similar competitors in the market.
Wednesday, March 9, 2011
It may not be the case. Consider these:
- 20+ years have passed before the struggling Liu Bei established a foothold during the 3 kingdoms era.
- A building spend most of the time laying its ground foundation after which the floors rise up fast.
- Boiling water. Heat & heat like no effect till reach boiling boil then turn from liquid to gaseous state.
- Lift upgrading. Same with building foundation. Digging hole rather long time yet the lift shafts are stacked in 1 day by a crane.
Slowly bit by bit it accumulates. Not seeing any visible effects doesn't mean is not working at times. The boiling water analogy is a good one- trigger point not reached yet.
Thursday, March 3, 2011
There are 16 books in the series as of this writing. I've only bought the first two (left most of picture) & borrowed the rest from library & read them twice before returning. The library in S'pore is a tremendous asset to the average person compared to someone living elsewhere.
Money is an important topic to learn about. Being a slave to money & slaving away all our lives working for it is a terrible price to pay. Perhaps that's one reason why money is not taught in school or else businesses & government would lack workers who would work in fear of not having enough money. Fear keeps the workers obedient to a large extent which is necessary especially in a large top-down command chain corporation.