Forgive me if I feel a bit skeptical about the finance and banking industry at the moment. It seems like this whole recession problem that we are having now thanks to the subprime is all due to greed itself and there was really nothing to govern it and pull the plug when they were already seeing it coming. But then, why would anyone in the industry want to pull the plug anyway?
You just can’t believe how big this is when the man won the American president election. The headlines and campaign buttons really says something about this man.
It was nice to see that the newly elected Australian Prime Minister Kevin Rudd introducing himself and his new website at KevinPM.com.au. The video got my attention as it was listed in the “featured videos” list and must have probably gone viral by now.
It seems like there are lots of interesting happenings today so let me just write some thing down for the record books.
First of all, there’s the Australian annual horse racing event known as the Emirates Melbourne Cup. It’s even a public holiday in Melbourne. I had a small lunch in the office while watching the whole race with some bets going on just for social fun. My pick Septimus led the whole race up till the last 400m but could only finish 18th in the end, and it was even considered as one of the favorites!
Aren’t you sick of the word “Recession” in the headlines these days? Indexes, Shares, Superannuation funds (equivalent of social security in Australia) has shrinked to their lowest level in 5-10 years.
Personally, I somtimes wish I could control the money in my superannuation fund. Investing those money in building websites, community and PPC are way more profitable then to believe that a monkey fund manager can take care of my money.
I couldn’t agree more with this quote from Warren Buffet.
“You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.”
Coupon sites must be laughing to the banks now thanks to the sour taste of the economy as people are more concerned about their spendings and tries to snatch deals in order to save.
- Shoppers are turning to coupons for deals on luxuries and necessities
- Entertainment.com users print 198 percent more coupons for casual dining in 2008
- Use of coupons for services such as oil changes, dry-cleaning up 153 percent
- “Couponing” at big box retailers up 14 percent, even as restrictions increase
I’ve seen several major affiliate coupons sites out there which are doing really nicely. If only you and I were in that bandwagon too…
So I have decided to get an immigration agent to help me handle my PR application and hope that it can be done nicely. I’m currently holding a temporary long stay busines visa (457) and will be applying for an offshore skill migration visa (175). For the coming months, I’ll update this post to record my experiences and road to getting my PR.
The Australian government has now approved a new first home buyer incentive whereby new first home buyer who purchases an old house will get 14 thousand ($AUSD 14K) or 21 thousand ($AUSD 21K) for those who purchases a newly built home.
This obviosuly sounds like a good news for first home buyers as that’s potentially free money from the federal government. Adding that on top to any mortgage lending could potentially get you enough money to pay off a down payment deposit plus legal paperworks to buy a new home.
This article by Charles Munger titled “A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business” is such a great read that I would definately call it the read of the day if I had to.
Charles Munger has been the right man of Warren Buffet in managing Berkshire Hathaway since the old days when Berkshire was still in the textile industry. In this article, it gives great insights on what people like him have in mind and how he views the world in his own lens.