Intern Learning:Gambling & Accounting

Today I am going to share two things I learn in my internship at Interpacific

The first one is why investment without strategy is a gamble.
Provided you have no any knowledge about economics and stock markets, if you invest in any random stocks, the chance for it to rise =0.5

However there is a commission for buying and selling stocks
Everytime you buy any stocks, you need to pay
Stamp duty= 0.1% of money invest
Clearing fees= 0.03% with a ceiling of RM200
Brokerage fees:
Offline(Which means you call your brokerage firms to help you to buy or sell)
Online( You buy or sell yourself through online)
Offline brokerage= 0.6% below 100k invest(Minimum=rm40),0.3% for above 100k invest
There will be a 20% discount which is nearly 0.42% for below 100k invest(minimum=rm28)
*Trader account commission = stamp duty only = 0.03%

So there is around 0.73% of fees everytime you buy or sell a stocks
So your loss in such cost=1.46%
So your probability of winning is less than 0.5
Implying you are gambling
(The probability of picking a rising stock=0.5 is just an assumption. Since economic is generally growing , chances for stock to rise is actually>0.5 but I cant locate the data, so let's just put it simple)

Second thing is about Accounting , Let's put the following things as mathematical equations:

Tangible Asset= Total Asset-Intangible Asset
Net tangible Asset= Book value= Tangible Asset - Total Liabilities
= Total Asset- Intangible Asset-Total Liabilities
Tangible Book Value= Common Equity- Intangible Asset
Common Equity= Share capital + Additional paid in capital+ Retained earnings

So what is the difference or relation between book value & tangible book value.
I can't figure out through maths, anyone from accounting knows the answer?

Intern 3-4

Doing the dividend yield stuff all the time, hopefully it will be a useful report for others ... going to write y economics news regarding the list on my own ... bloomberg is really useful ,listing all the stuff that you want.

I learn to split my investment portfolio into 3 category, low,medium and high risk ... certainly the low risk will be buying high dividend yeld stocks ...

Learnt my first investment strategy Rule1 ... Gonna try it out with virtual stock market ...
Plan to memorise all stocks in BursaMalaysia ... easier to learn Malaysia market ... by then ... at least I can understand all those news ...

Intern day1-2

Am going to write down interesting about my internship in Interpacific Research Department, just to keep a record ... Geez

First of all, glad to be in Research Department because I am able to touch the Bloomberg computer worth RM 10k per month for subscription ... It is like a wikipedia mostly for Economics and Finance ... First day, I learn all those commands by reading tutorial documents, glad there are tutorial videos & online examination too !! .. So am able to get a certificate as a Bloomberg user ... Am going to take the test ... Another good thing about this computer is I can message for Help whenever I do not know how to use those functions ... As for today, I arrange companies according to dividend yield and later on market capacity ... However dividend yield is inaccurate due to the fact companies are undergoing "capital repayment", means they sell their capital to pay back investors.

I start up learning arranging morning news for Interpacific users, it is just about copy and paste from other websites. Another hot topic in my department is OldTown!! ... It is just listed today with an IPO 1.25, and I guess the average price for it today is 1.37, so that will be a 8% earning if you buy it and it is just a few months... Actually it is quite low considering 8%,you will have better opportunity if you are in financial field. For example, MSM which is a sugar company, if you buy it on the first day (2.6)and sell it on the second day(3.9), it is already 33% earning, if you keep it for a week , it is 5.2, you just double your asset... However playing without researching is still quite risky... It may seem payout is pretty high, but no knowledge in finacial field is equal to trowing money away ....

Well I heard a teenager come out as a trader without finishing SPM, earn 22m as a trader but later on bankrupt, so dont think it is great to be in the financial line

Well I am gonna introduce my mates for one time
Rosali- A quiet malay senior
Robert- Hilarious man, 2 years here, teaching me stuff all the time, but he is quiet busy so I am actually playing Bloomberg all the time
Wendy- 2 years senior, friendly too
Juliet- another intern, from U Sarawak, live in Cameron Highland

Well ... kinda free though, reading my own books , playing Bloomberg
there is a dirty secret from my department ... hehe ...

And the clue is MIDF ... Shhh

I love what?

I like writing my feelings
I like analyzing things
I like composing music
I like writing novels
I like helping others
I like my imagination
I like Mathematics
I like Investment
I like philosophy
I like basketball
I like travelling
I like badminton
I like sleeping
I like mystery
I like gaming
I like movies
I like music

But what do I really love?
As in I will feel happy even I am put under great pressure ...
Or even meeting up tons of failure even I have put in all I have
Or even losing hope and reason during the process

But I will still continue doing that particular thing
What is that?
The thing that I meant to love ...

再别康桥

作者: 徐志摩

　
轻轻的我走了，
正如我轻轻的来；
我轻轻的招手，
作别西天的云彩。
　
那河畔的金柳，
是夕阳中的新娘；
波光里的艳影，
在我的心头荡漾。
　
软泥上的青荇，
油油的在水底招摇；
在康河的柔波里，
我甘心做一条水草！
　
那榆荫下的一潭，
不是清泉，
是天上虹；
揉碎在浮藻间，
沉淀着彩虹似的梦。
　
寻梦？撑一支长篙，
向青草更青处漫溯；
满载一船星辉，
在星辉斑斓里放歌。
　
但我不能放歌，
悄悄是别离的笙箫；
夏虫也为我沉默，
沉默是今晚的康桥！
　
悄悄的我走了，
正如我悄悄的来；
我挥一挥衣袖，
不带走一片云彩。

现代中国人崇拜的对象
人们只记得徐志摩，却忘了的鲁迅
人们在颂扬爱情，却忘了关照社会

转载- 人生的三种寄托

人一生该有三种寄托:肉体寄托、情感寄托以及精神寄托。

衣食住行为人生的肉体寄托。

民以食为天,因为生存不能忍受饥饿;家是你理所当然的港口,因为你不可能永远流浪在外。

充裕味美的食物,丰厚艳丽的服饰,豪华舒适的住所,再配上方便而又实惠的交通工具是芸芸众生梦寐以求的肉体寄托。

亲情、友情和爱情为人生的情感寄托。

从你呱呱落地起,亲情,让你感受温暖,让你健康成长。长大成人后,亲情,才让你延续生命,让你幸福圆满。远离人世前，亲情，让你安度晚年，让你远离孤单。

当你刚刚懂事并开始与别人交往，友情就像影子一样跟随在你身旁。让你在困难的时候得到帮助，痛苦的时候同人分担，受挫的时候得到安慰，高兴的时候有人分享。

当你开始对异性产生好感，并且与其交往，相互欣赏，信任，爱情便默默无闻地滋润着你的心房。

温暖体贴的亲情，真诚纯正的友情，相濡以沫的爱情，是幸福人生不可少的情感寄托。

常识、理想和信仰为人生的精神寄托。

因为你有了知识，才使你拥有生存和竞争的力量，才使你具备优秀的道德与修养，才让你能够挖掘出创造的灵感。

因为你有了人生的理想，才有你追求的动力；才有你工作的乐趣，才让你不会在生命的航程中迷失方向。

因为你有了对自由、个性以及真、善、美的追求，才不会是一个生活的奴隶，才不会在人群中找不到自己，才不会失去对美好生活的强烈期盼。

拥有广博的知识，具备崇高的理想，人生才不会苍白空虚

------------------------------------------------

说实在，现在是我生命中空前的低潮，当你用了大部分时间去努力的东西，却达不到的感觉，是如此的打击
我总是说，你不会明白的，因为那不是你，有谁能说与我感同身受呢

我害怕我放弃，我不在意剩下的几个月我是像落魄的灵魂飘浮着，像是得过且过的行尸走肉。我一直在说我在休息，我累了，只想如此地休息

只想要上了大学，再设下目标让后达到它

我不想努力了19年让后放弃，因为放弃后的感觉像是地狱，当你努力争取梦想的感觉像是天堂

至于情感寄托，我终于再明白一件事，每个人心中，如不过不是每一人，至少我是。每一个人心中一定会有另一个人，把那人当成寄托，不管是真实还是自己虚幻捏造的人

现在，我又绕了一圈，感觉心中有你的感觉比较美好，那些日子，我是如何这么努力的？
是因为你，让我感觉到，我必须努力，才能够给你一个美好的家
但当心中对你绝望的时候，我就感觉不到想努力的冲动

我始终相信，大学里会有一个人，不再是我捏造的角色
一个能并肩作战的人

藤井树

Funny ... I find that I feel happy whenever I chat with old friends ...
I find that I don't like blogging my feelings ... Prefer to talk with others on phone or sending them private message ... Haha

藤井树

有了我另一半的梦想工作
那就是写小说和编歌

觉得音乐很奇妙，像是有了一些数学的定理在内
keys,chord

现在的生活，算是最轻松的吧
大学condition 肯定可以达到
只是看我要不要努力达到更高的

快乐是做自己喜欢做的事情
现在生活很忙，可是却觉得生活很空虚

我期待那种期待的心情
现在。。。竟会害怕期待，当那些期待带来的是绝望

我学着不再与任何人比较，想多看自己多点
了解自己最想要的是什么

那叫快乐吧