...Destination ~ Destiny...

Friday, August 31, 2007

slpt around 3 last nite,
was pei~ing my mum watchin VCD.

then today woke up for sch,
reali is my ‘chang wei’ tat is givin mi problem.
made mi dare not eat though i so so hungry.
of cuz hunger won the battle.
haha.

after sch, saw lots of rmit graduates.
next year will be mine turn..
tat will also be the 1st time i wear a scholar's hat.
haha.

durin lesson cos too bored,
cyn end up buildin helicopters.
haha.
here are the pics..

finali lesson ended.
this time round, lesson end we all dun noe.
until we see the teacher packin his bags then we know.
li hai hor.. haha ...

then head for home.
da bao porridge.
since i sick,
i start to eat the food tat i will normally not eat.
like U-mian soup, fish Porridge.

then inform my boss tat i can onli work tml,
cos try to get myself recover better .
inform choon kee too.

then read Straits Times.

1st new tat caught my attention:
Civil Aviation Authority of Singapore(CAAS) is goin to be Corporatized.
-> the Govt own the body but adopt private sector practices ie. set of wage rate.

it is different from privatisation
-> which means the private sector runs it but the Govt may hav a stake in it.
sounds cool isnt it.
at least they are tryin to be more efficient
and allow Changi to hav the flexiblilty to do watever is necessary to attract n retain talents. (talents management learn from biz framework)
this is a problem esp tat some senior management staff hav been poached to by other competitiors.

so can conclude tat they wan to remain competitve n improve employee's welfare.

the second news giv me a shock.
"it doesn't pay to save amid rising inflatiom. low bank rates"
this means tat is doesnt pay to save $$ in banks as there is goin to be -ve real i/r **.
** real i/r = nominal i/r - inflation rate.
this is where interest earned cannot compensate for the rise in prices.

n definitely Saver are the ones on the losin end, n Borrowers are on the Gainin side as they can borrow at a cheaper rate.
one of the reasons why deposit rate stay so low is becos TOO MUCH CASH IN BANKING INSTITUTES.
(aiyo so much $$ giv me la.. i help u spend. :P)

therefore Supply of $$ > Demand of $$
-> forcin i/r (equivalent to price of $ or cost of borrowing) to fall.

hence, shd consider investin into higher financial instruments to maintain purchasin power.

Y I took particular attention to these 2 news is cos they look so so related to wat im studying.
mini econs n finance lect. haha.
N felt so happy tat i understood the concept.. haha..

so i change my msn comment,
n jun jie saw it.
chat with mi.
the way i see him ans seem to be something i noe.
i juz shot the qn, ' u are a financial planner rite?'
see i so clever.
haha.
his ans endownment gav him away.
haha...
anyway nice to hear from him.
long time no news from him.
he is a finanical planner from prud,
n is a collegue of my financial planner too.
wat a small world.

goin to eat my medicine,
n so sad tat i still cant swallow them.
so traditional way, powder/ dissolve them then eat.
yucks.
can afford to get sick. haiz.
risin cost which made a big hole in pockets,
risin hassle for i dun noe how to swallow pills,
n risin caution in wat ever i do.

goin to pei my mum go out to yishun to shop shop.
shall stop here.
im still havin achin body. sian ah..

sally to mia le...

:D ♥; sally