Full Time Blogger

Hmm.. Perhaps I could be a full time blogger if the economy does not pick up.

I started blogging in May 08 and since then, I have been able to earn a consistent $5 - $10 per month even though I do not blog regularly. The number of visitors to my blogs are also less than 100 a day.

Even for the month of Feb 09 where I hardly had any new entries in my blog, I have already managed to earn close to $8 from Adsense income.
So.. just maybe.. if I spend all my time blogging, I could possible earn much more!

Decisions..decisions.. =)

NOL announces dividends

So NOL announces 4 cents dividends. Not bad since I have 3 lots of it. Should be able to collect a small sum of $120 as my first dividends for the year.

Apologies for not writing much the past few weeks as I have just been too bogged down at work (as well as looking for a new job)

Is the financial sector dead

Many friends have told me that the financial sector is kind of "dead" in a certain sense.

Does that mean I will have to look for a job else where first?

The Meaning of Red Packets

Since it is Chinese New Year, the family has been in the business of giving out red packets or hong baos as the Chinese would call it.

Red packets are supposed to symbolise luck. But even now, I am not sure why do we put money inside the red packets. I guess the kids love to receive some extra cash during the new year.

But for the parents, it can be a little confusing. Questions like:

"Am i giving enough?"

"What if the other parent gives my child a bigger red packet that what I packed for their child? Will that sway them into giving a larger red packet for my child next year just to make up for the difference?"

These are tough questions. Guess i am still a newbie at giving out red packets that's why I am so confused over this chinese tradition. Of course i know it is meant to be just given out in the spirit of good luck and tradition and all.. But a certain part of me says that I need to rationalise how much I am giving out to people. I can't be giving closer relatives the same amount I am giving other distant friends right?

What's more, this red packet thing is a bit sensitive. If I give too little, will I offend someone who also gives my child a larger red packet?

What about relatives who pass to my parents ang bao meant for my child? Am i supposed to give them back ang baos in kind?

What about older cousins who are not married? Do i give them an ang bao. A bit embarrassing wouldn't it be?

Aargh.. too complicated. Perhaps I will just go on a holiday next Chinese New Year =)

2009 is a Dead year?

Is 2009 a dead year for Singapore? Is our goal for this year to just keep our jobs and try to stay afloat?

Got this from a forum:

1) Singapore's trade to decline by 17% to 19% in 2009.
2) Singapore's population could fall by 4% as foreign workers laid off.
3) S'pore fixed asset investments in 2009 to be lower.
4) Economy to shrink by -2% to -5% in 2009.
5) Exports nearly zero.

Hmmm.. time to re-think my job switch perhaps?

I have completed my first book for the month of January "Random Walk Down Wall Street". Will recommend that all DIY investors read it before making any other investments =)

Happy Chinese Lunar New Year to all!

Debts Debts Debts

Recieved a few letters recently.  One is from HDB and the other from DBS.  Basically, my family's debt are as follows:

Car - $29,000.00

House - $253,128.00

Wow.  I have debts of over $280K!  How long will it take me to repay all these debt?

Work for Money or Work for Yourself

Have been too busy to write in any entries lately.

Question of the day: Work for Money or Work for Yourself (Job satisfaction)