i) Black Lamborghini Gallardo
ii) Red Porsche 911
Sunday, May 20, 2012
Gran Turismo 5 Favourite Cars
My favourite GT5 cars in terms of sleekness, beauty and well designed look.
i) Black Lamborghini Gallardo
ii) Red Porsche 911
i) Black Lamborghini Gallardo
ii) Red Porsche 911
Saturday, May 19, 2012
Dow Falls Below 13000
My blog in February 2012 stated that sustainability of Dow at 13000 was questionable.
Indeed, the Dow on 18 May 12 was back in 12,369 level some 3 months later. During the past 3 months, JP Morgan had declared a loss of more than US$2 Billion, an obscene amount given that financial institutions had just came out from fecal pit not long ago. Again these CEOs were paid millions on salary and bonuses. Corporate governance are non-existence words in financial dictionary.
The jittery from Dow had affected the rest of the World's market with Greece and Euro crisis adding fuel to the burning stove.
At the same time, interest rates are at historical lows. As explained in earlier posting, the effect is inflationary across prices of food, commodities, day-to-day purchases etc.. On the property front, the similarly effect is felt in Asia. Everthing is going north except equity prices. Would I call it a paradox?
Lets look at why equity is so susceptible to flutuations:-
(1) Herd mentality - The psychological effect on equity markets.
(2) Ability to short the market - Where profit can be made by betting on a sliding market, causing it to slide further.
(3) People avoiding equities - When there are other alternatives, such as gold, silver, property. Why equity when the return does not seem to be proportional to the risk? The drop to Dow 12,369 level is equivalent to about 5% in just a few months. Traditionally, investor is looking at a return of 5% on equity market in 1 year. This is in consideration of a mild inflation.
In summary, the financial institutions and world government leaders were simply not displaying leadership with respectable conscience. Inflationary pressure reduces purchasing power of the general middle class of hardworking citizens. What a World! ..... Is capitalism good?
Indeed, the Dow on 18 May 12 was back in 12,369 level some 3 months later. During the past 3 months, JP Morgan had declared a loss of more than US$2 Billion, an obscene amount given that financial institutions had just came out from fecal pit not long ago. Again these CEOs were paid millions on salary and bonuses. Corporate governance are non-existence words in financial dictionary.
The jittery from Dow had affected the rest of the World's market with Greece and Euro crisis adding fuel to the burning stove.
At the same time, interest rates are at historical lows. As explained in earlier posting, the effect is inflationary across prices of food, commodities, day-to-day purchases etc.. On the property front, the similarly effect is felt in Asia. Everthing is going north except equity prices. Would I call it a paradox?
Lets look at why equity is so susceptible to flutuations:-
(1) Herd mentality - The psychological effect on equity markets.
(2) Ability to short the market - Where profit can be made by betting on a sliding market, causing it to slide further.
(3) People avoiding equities - When there are other alternatives, such as gold, silver, property. Why equity when the return does not seem to be proportional to the risk? The drop to Dow 12,369 level is equivalent to about 5% in just a few months. Traditionally, investor is looking at a return of 5% on equity market in 1 year. This is in consideration of a mild inflation.
In summary, the financial institutions and world government leaders were simply not displaying leadership with respectable conscience. Inflationary pressure reduces purchasing power of the general middle class of hardworking citizens. What a World! ..... Is capitalism good?
Wednesday, May 2, 2012
Chinese Mutton Soup
This shop is located at Bukit Merah View Market & Food Centre, off Henderson Road. Unit 01-51. The name of the shop is Chai Chuan Tou Yang Rou Tang (Matchstick/Charcoal Boat Bow Mutton Soup). It is usually crowded during lunch time.
The mutton soup is fantastic mixed with slice ginger and parsley leaves. Various parts of mutton are available but I usually take the meat. The strong mutton soup has covered the negative mutton smell well. Couple with rice, it makes a delicious lunch.
Tuesday, May 1, 2012
Pilot Custom Heritage 91 Fountain Pen
This Pilot Custom Heritage 91 comes in black gloss finished and a medium nib. While it is medium nib, it writes closer to a fine nib when compared to its Western Counterpart. The filling system uses a pump feed (not converter) when by pressing on the pump will create a suction vacuum on the ink. It is of course made in Japan. From Japanese Pilot webpage, it costs about 10,500 yen (without tax). The nib comes in 14K gold but there is no sign of gold finishes on the nib. The designer must have considered that the pen body and cap are finished in silvery gloss. There is no other significant sign showing the Pilot brand other than the carving on the centre ring.
For writing wise, it is not as smooth as the Sailor nib, probably because it is a medium nib as compared to the broad nib of my Sailor Professional Gear Prochic Vivo fountain pen. In terms of weight, it is much lighter than the Sailor pen. I have loaded the pen with Private Reserve American Blue ink.
The pen was purchased from Aesthetic Bay in Ion Orchard.
For writing wise, it is not as smooth as the Sailor nib, probably because it is a medium nib as compared to the broad nib of my Sailor Professional Gear Prochic Vivo fountain pen. In terms of weight, it is much lighter than the Sailor pen. I have loaded the pen with Private Reserve American Blue ink.
The pen was purchased from Aesthetic Bay in Ion Orchard.
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