Saturday, October 10, 2009
Boring post
Hihi.... here to share sth boring yet impt. hehe
i am studying the module of personal financial planning now. Was asked to do a proj regarding comments on article therefore have to read up on news on asiaone.
Asiaone has many newspaper article. ok. thats beside the pt.
Thru the articles that i have read. i realised that personal financial planning is very very impt. We have to plan ahead all the way to retirement. (not kiasu ok).
By only earning when we are working will not be enuf. cos these money will be used in marriage, in kids, in renovations. So we need to set aside money to maximise our wealth. how do we do that?
We can invest in 4 different asset classes that is the shares, property, bonds and cash. By diversifying the investment, risk can be reduced. No wonder so many ppl invest in shares. b4 i study tis module, i thought i will nvr buy shares. But somehow, i guess we are bound with the standard of living we are facing now such that we have no choice but to try to gain more from other places.
Buying insurance is also impt (take note: im not a insurance agent. hahahahha) we need it to protect ourselves and our families.... N HAVING A WILL is impt. hahahaha..... if u dun have a will, when u die, govt will help u distribute according to their law. if u have no kids, no parents, no siblings, then govt takes it all (Govt is smart). so we have to set our own will so we can distribute according to wat we wan (sounds like i v old hor?)
Then i realise, thru studying, it makes us more mature sometimes. Last time when i was in pri sch. i was thinking, wat for study maths, science, all these? useless ma. in sec sch, y study history, social studies, geography, literature? hahaha.... till now i still feel a little useless. but i guess it is to let us study all fields to find out our interest when we go university. hahahah.... to increase our knowledge like history and social studies.
I feel that studying in the university is the most useful cos i can apply my knowledge at work. it is more related to work. Of cos u have to study the correct field that u like la. then u can apply at work. if again study history all those, to me is useless in work la... (no offence anywhere).
Hmmm.... v boring post rite? hehehe... ok. so i shall stop here.
Jux reminding every one, to save up and plan for future...... RETIREMENT cost a lot. hahahaha
ok.... now i have to remind myself to study hard first. ( but it nvr will happen... sobs....)
SEE YA!!!!
i am studying the module of personal financial planning now. Was asked to do a proj regarding comments on article therefore have to read up on news on asiaone.
Asiaone has many newspaper article. ok. thats beside the pt.
Thru the articles that i have read. i realised that personal financial planning is very very impt. We have to plan ahead all the way to retirement. (not kiasu ok).
By only earning when we are working will not be enuf. cos these money will be used in marriage, in kids, in renovations. So we need to set aside money to maximise our wealth. how do we do that?
We can invest in 4 different asset classes that is the shares, property, bonds and cash. By diversifying the investment, risk can be reduced. No wonder so many ppl invest in shares. b4 i study tis module, i thought i will nvr buy shares. But somehow, i guess we are bound with the standard of living we are facing now such that we have no choice but to try to gain more from other places.
Buying insurance is also impt (take note: im not a insurance agent. hahahahha) we need it to protect ourselves and our families.... N HAVING A WILL is impt. hahahaha..... if u dun have a will, when u die, govt will help u distribute according to their law. if u have no kids, no parents, no siblings, then govt takes it all (Govt is smart). so we have to set our own will so we can distribute according to wat we wan (sounds like i v old hor?)
Then i realise, thru studying, it makes us more mature sometimes. Last time when i was in pri sch. i was thinking, wat for study maths, science, all these? useless ma. in sec sch, y study history, social studies, geography, literature? hahaha.... till now i still feel a little useless. but i guess it is to let us study all fields to find out our interest when we go university. hahahah.... to increase our knowledge like history and social studies.
I feel that studying in the university is the most useful cos i can apply my knowledge at work. it is more related to work. Of cos u have to study the correct field that u like la. then u can apply at work. if again study history all those, to me is useless in work la... (no offence anywhere).
Hmmm.... v boring post rite? hehehe... ok. so i shall stop here.
Jux reminding every one, to save up and plan for future...... RETIREMENT cost a lot. hahahaha
ok.... now i have to remind myself to study hard first. ( but it nvr will happen... sobs....)
SEE YA!!!!
