Thursday, December 17, 2015

Calm on Calm

It could be my last Seeking Alpha article for a long while. Why?
- Objective accomplished. Never wrote anything more than two pages in my IT career. English is not my native language.
My English is likely better than your Chinese. smile emoticon
- An investment site read by investors and fund managers. It only took me two hours to write this article.
- Some 'secrets' should be kept to myself. In this case, I have loaded the stock already and hope the herd would move it up for me.
- Back to retirement.
- I have a life too. smile emoticon


CALM has a short float of over 50%.It is fundamentally sound.Great profit potential.

Wednesday, December 16, 2015

All my books



My investing books can be grouped as follows.

·         The Art of Investing. Most of my books including its sequel Themes in Investing are based on. The Kindle version has over 700 pages. It covers most topics in investing.

The alternate combination is Debunk the Myths in Investing and its sequel Investing Strategies: Profitable & Updated. These are the original versions.

·         The following books are in a series: Finding Profitable Stocks, Market Timing and Scoring Stocks (or Modern Security Analysis: Simple & Effective).

·         Books for today’s market: Profit from 2016 Market Crash  and Best Stocks (check current offers).

·         Books on strategies: SuperStocks, Sector Rotation, Momentum, Dividend, Penny & Micro Stock and Retiree.

·         Books for advance beginners: billionaire (perfect gift for recent college graduates and they will thank you when they become billionaires), Investing for Beginners, Profit via ETFs, Buffett, Ideas, Conservative and Top-Down.

·         Miscellaneous. Lessons in Investing. Investing Strategies. Global Economies. Buy Low and Sell High. Buy High and sell Higher. Buffettology. Applied Technical Analysis. Trading Stocks. Fillers. A Nation of No Losers. Several books on travel. New Kindle book: Complete the Art of Investing (highly recommended but no paperback version currently).

·         Concise Editions and Introduction Editions are available at very low prices and are competitive to books of similar sizes (50 pages) and prices ($3 range). 

For paperback & Nook
Search my books with “Tony Pow”. 


My blog

Is 5% unemployment full employment?

Reality and theory drift apart. For the Fed (reality), 5% means 'full employment' and for the mathematicians (theory), it is not.

When you're not collecting unemployment, you're not counted as unemployed. There are many holes in how they define the 5%. If you lose all the benefits including free health care in some states, you are better off to be unemployed.

In Hong Kong, 2% is full employment as their welfare system is not that great. In China where you do not work, you do not eat, it could be close to 0%.

Different yardstick for different countries on health care

As Einstein said, everything is relative. Hong Kong's is great compared to China's and bad compared to the US's.

The exception is Hong Kongers (I believe including tourists too) pay about $15 ($100 Hong Kong dollars) for one hospital stay in public hospitals. The rich folks stay in single rooms in private hospitals and with supposedly better medical delivery. It is fair to me: Basic health care delivery for all and better health care delivery for the rich. An incentive to work hard to be rich.

China's motto: If you do not pay, you die (please die outside our hospital's lobby).

US's motto: As long as you come to emergency room, we treat you even if you're illegal alien

Canada's motto: We will treat you but you have to wait for a month; we will save money if you die before then.

Refugees

Many applied as political refugees but 99.9% were economical refugees. As long as they're not communists, with no serious diseases and have not committed crimes, they should be let in. That's fine as long they will pick up jobs that the able welfare recipients do not want to do. 

A while ago, the sponsors were responsible for the immigrants living expenses for 3 years. Today they can go to the welfare office on day one. Do you let one in with half a million to invest or one to collect welfare on day one?

After seeing the terrible conditions in Syria, the world should help them. We need to have a complete check to limit terrorists from coming in. Despite all the good deeds from religions, it is always the source of wars. We misinterpret and/or mismanage all the good teachings.

BTW. What's wrong with importing the prostitutes as someone argues? They do not collect welfare on day one. They belong to the oldest profession and satisfy a human desire as long they are controlled and do not spread diseases. Just an observation :)

Educated citizens & democracy

Yes, we need educated citizens to vote.

Examples abound. Asia alone: Most democratic countries are corrupt including Philippines (past, present and most likely future). The countries that are not corrupt comparatively are Japan and S. Korea and they all have educated citizens.

The US is in its own category. It is corrupt under the cover. The voters are for themselves. When we have more free loaders (over 40% not paying Federal income tax), they are the majority of the voters.

I call it representation without taxation and it is worse than than taxation without representation. I propose counting them as half a vote and requiring them to show their tax returns in the ballot booth.

Objectives in life

From my book: How to be a billionaire:



We come to this earth with nothing and leave with nothing. Why do we fight for wealth, prestige and power? However, if we do not have the objective for wealth, prestige and power, it is a life without meaning. In addition, money should not be our primary objective in life and happiness/health have to be earned and cannot be bought with money. When you’ve accumulated enough wealth to have a comfortable financial life such as myself, you may want to pursue other objectives in life besides wealth.

I have seen many successful men and women who are not wealthy using financial yardsticks but they are wealthy in having good friends, good families, good health and/or fulfilling their own objectives in life such as helping the poor.
 
Most likely when you’ve accumulated enough wealth for a financially secured life, there are many objectives in life more important than wealth such as happiness and health. I am the living proof. Still not convinced? Check out the wealthy singers, movie stars and athletes. Are most of them really happy with all the broken marriages, drug and alcohol abuse…? I rest my case.