Updates on Dreams & Goals Redefine

With reference to the entry on Dreams & Goals Redefine, first quarter of 2012 had past and below is my comments and update.

Q1 2012 target - FED INVESTMENTS PTE LTD equity had been increased to $30K.  Though the deal is closed, the fund is not in yet hence I can only consider that it is half met.  Nevertheless, I am starting to work on my Q2 target of $50K.

Dreaming of having an increased constant income of $3000 continued to be a dream.  It wasn't as easy as I thought. Firstly, it was the commitment I had, to continue with my primary task and secondly is my focus and concentration required during trading.  Hence, I had not really started trading the company account.  I rather be safe then to be sorry, in any case the first dividend payout had been made on 17 Apr 2012 (2% + one month prorated).

I am also trading the new KPI index and matrix to gain confident and consistency.  Not too sure whether I will trade my company account once I meet the professional level.  Maybe I rather wait for the RiceBowl (trading platform) to be launched and tag the Chief.  With the RiceBowl, I may even be trading Six Capital, FED INVESTMENTS and my personal equity, all at the same time.

Meantime, I shall just concentrate on growing the company equity, towards $50K equity, target for Q2 2012.  As for the income part, let's just put it on hold and let's nature take it course.

Gambate!!!

PUT THE GLASS DOWN!!!

Put the Glass Down When you leave office today.

... Study this small story. Hope... that makes a BIG change in YOU.

A Professor began his class by holding up a glass with some water in it.

He held it up for all to see & asked the students

“How much do you think this glass weighs?”

'50g!' ....
'100g!' ..... '125g'

..the students answered.

“I really don't know unless I weigh it,”

said the professor, “but, my question is:

What would happen if I held it up like this for a few minutes?”

'Nothing' …..the students said.

'Ok what would happen if I held it up like this for an hour?' the professor asked.

'Your arm would begin to ache' said one of the student.

“You're right, now what would happen if I held it for a day?”

“Your arm could go numb, you might have severe muscle stress & paralysis &  have to go to hospital for sure!” … ventured another student & all the students laughed …

“Very good, But during all this, did the weight of the glass change?” asked the professor.

‘No’…. Was the answer.

“Then what caused the arm ache & the muscle stress?”

The students were puzzled.

“What should I do now to come out of pain?” asked professor again.

‘Put the glass down!’ said one of the students.

“Exactly!” said the professor.

Life's problems are something like this.

Hold it for a few minutes in your head & they seem OK.
Think of them for a long time & they begin to ache.

Hold it even longer & they begin to paralyze you.

You will not be able to do anything.

It's important to think of the challenges or problems in your life,

but EVEN MORE IMPORTANT is to

‘PUT THEM DOWN’

at the end of every day before You go to sleep.

That way, you are not stressed, you wake up every day fresh &

strong & can handle any issue, any challenge that comes your way!

So, When you leave office today, Remember my friend to …

PUT THE GLASS DOWN TODAY!

Dreams & Goals Redefine

This had been on my mind for quite awhile already.  Each time I sat down, I will always have an inner feeling that tell me that I'm not ready to pen this down.  Indeed, I have to agree that this will seriously take me awhile to complete. 

Had a chat with Colin today (16 Jan 12) and his proposition make me think harder and deeper into what I really wants to accomplish these few years on.  Hence, I start to pen down in my iPhone, my thoughts starting 16 Jan 12.  Let see how long it will take me to complete this entry.

His proposition - Good Debts.  Get a loan and fund my trading account with $10K.  Looking at the interest rate, generally it should work out to be about 2% or lower each month.  Trade on what we had learnt, we should be able to do well, just stay discipline and dun ever fight the market.  Get the direction right and follow what the master say.  It's possible to double your account in 2-3 weeks time.  Look good and sound simple enough, for we do really have the master with us. In fact, it's not one but two masters leading and coaching us.

I had been working for Six Capital Pte Ltd for almost 2 years now, and had learnt pretty much about trading as a profession as well as a business.  There is definitely more to be learnt but it is also time to step out and put all the skills together and crystallize them into action plan.  

Dreams & Goals redefined - With FED INVESTMENTS PTE LTD incorporated on 11-11-11, I will need to used this coming months to build up my equity and at the same time continue to constantly perfect my trading skills.  My goals is to stabilize and be able to get constant income of at least $3000 by the end of 2012 Q1.

2012 Q1 target

1. Equity >= $30K

2. Monthly income of $3000

After Q1 target is met, I shall set my next equity target higher and have a higher monthly income.  With the grow in my monthly income, I will need to focus into managing my finances, i.e. reducing my debts.

2012 Q2 target

1.  Equity >= $50K

2.  Monthly income of $5000

3.  Reduce personal debts

4.  Improve / increase my Saving

Realizing my Dream - With all my goals set and put into action, the next step is to start developing my property portfolio and create another line of income through rental. Such portfolio will take many years to build, nevertheless it's better to start late than never.  Here, I will just set a general timeline for myself and be as realistic as possible, kinda act more like a guideline.

1.  First private property - either for rental or for my own can be decided when the time come.  I'm looking at end of 2013.

2.  Second and subsequent property at the end of each year thereafter.  My dream is to have at least 5 private property, one for myself and the rest for rental. 

HAPPY NEW YEAR 2012!!!

Happy New Year to all my friends and readers.  Time had really passed by like a flash, looking back, it was just like yesterday when I set some goals for myself in 2011.  Now 2011 is history and it's time to reflect and set some new goals for 2012.

Nothing much had been accomplished in 2011, but definitely it had been a fruitful year in building my foundation and getting my career as a professional trader a good head start.  Towards the last month of 2011, I finally had my first step towards being a professional trader.  FED INVESTMENTS PTE LTD was incorporated on 11 November 2011.  Thank you very much to those who had showed their support and FAITH in me.

In the year 2012, I am going to focus on my company growth and eventually making it become my main income stream, targeting at least $4000 monthly at the second half of the year.  Currently, I still have a monthly paycheck and hence there are tasks that need to be completed.  With my monthly paycheck, I hope my company will be able to provide me with an additional $2000 income monthly.  If everything goes as planned, then I should soon see myself focusing 100% on trading.

Hence, resolution for year 2012:-

1.   Trade daily to acquire confidence and skills competency.

2.   Expanding FED INVESTMENTS PTE LTD.

Wish me good luck and HAPPY NEW YEAR to all.