country music rocks!!!
taking stock (pt. 2)
okay so i wasn't able to get any shares of "the baba", but that didn't stop me from venturing into the risky world of the stock market.
hey, practically everyone here is doing it. and when in rome, do as the romans do ... so in hong kong, do as the hongkees do.
so early this week, i took a gamble and bought one share-lot of some cheap property stock. my thinking is, property is hot here so sooner or later, property stocks will eventually go up.
then towards the end of the week, i bought three share-lots of a semi-public utility company. my thinking this time was, hey, i give them a bit of cash daily, why not earn back some of those right?
so how did i fare?
i lost 300 bucks. and if you consider all other charges, then my net loss is about 700 bucks or about 0.7% of total investment.
i'm getting anxious, but i'm staying optimistic that all this gamble will really pay off ... especially considering that i - very unintentionally, to my surprise - practically zeroed-out all my liquid cash to buy these stocks.
what a (big) waste
Malacañang household bills: P2.4-B tab on taxpayers money in 2006
i shouldn't be complaining since i haven't been paying taxes back home since i earn and reside in hk. but still ... and why am i still shocked?
it's dishearting to think that even just a quarter of that 2.4B can go a long way in giving better education to more children, or providing subsidized medicine for the sick, feed the hungry, or promote entrepreneurship so the poor learn to fend for themselves.
and what about the environmental impact of wasting paper, electricity, gas, etc etc etc?
someone should really teach these guys some social responsibility.
soundcheck
i'm psyching up my credit card ... it's time to head for hmv and haul a new stash of cds. a couple of interesting new releases will drop this week:
as i am - alicia keys
trust me - craig david
then there's a few good cds i'm raring to get my hands on:
carnival ride - carrie underwood
ultimate collection - whitney houston
shock value - timbaland
good girl gone bad - rihanna (yes, i still don't have this album)
still feels good - rascal flatts
geeeesh, at this rate, i'll need to upgrade my ipod real soon (i knew i made a mistake buying a 4gb nano only)
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