it's a wonderfoo world's thoughtFooness sharing ...

A man of 92 years, short, very well-presented, who takes great care in his appearance, is moving into an old people's home today. His wife of 70 has recently died, and he is obliged to leave his home. After waiting several hours in the retirement home lobby, he gently smiles as he is told that his room is ready. As he slowly walks to the elevator, using his cane, I describe his small room to him, including the sheet hung at the window which serves as a curtain. - "I like it very much", he says, with the enthusiasm of an 8 yearold boy who has just been given a new puppy. -"M. Gagn¨¦, you haven't even seen the room yet, hang on a moment, weare almost there. " " That has nothing to do with it ", he replies. " Happiness is something I choose in advance. Whether or not I likethe room does not depend on the furniture, or the decor ¨C rather it depends on how I decide to see it. " " It is already decided in my mind that I like my room. It i...

Let's take a break from technical topics like timing systems and methods of measuring investment risk. Instead, let's focus on some of the psychological facets of investing, and what it takes for somebody to be a successful long-term investor. I think there's an interesting analogy between the way people drive and the way they invest money. Good driving schools teach "defensive driving" techniques. If you know what to look out for on the highway, you greatly improve your chances for reaching your destination in one piece. Likewise, I think it’s important to learn some techniques of defensive investing. If you know the pitfalls, you can guard against some of the roadblocks that sabotage most investors. Impatient drivers in traffic jams often pay lots of attention to what lane they are in and how the other traffic lanes are doing compared to theirs. If the other lane looks like it is moving faster, they often will swerve over to cut in front of somebody else. Some p...

long time no post ... nevertheless read thru an interesting article regarding having children as investment(thank god i still know how to read) ... some food for thought and I shall post the writing below for the benefit of mankind :) ..... In the agrarian age where agriculture was the key economy and manual labour is required, children are great assets for they can help out in the farm. Indeed, strapping boys are prized in such families! Today, some people still consider having more children to be an investement for the future. When the offspring grow up and become successful, they can look after the parents and shower them with rewards, filial respect and grand holidays. We were raised the mantra: study hard, get a good education, get a good job("Don't be like me!") and you will be success in life. By "good", they meant something like becoming a doctor, lawyer or engineer. So, we do the same thing with our children. Though we may not expect anything, we are ho...