Death Everywhere

I was watching the news with my son the other day. It was on the death of Hani Mohsin, the Roda Impian host. Then there was the news on the Pahang royal tragedy, followed by the Israel attack on Lebanon. Last night there was also news about the bus tragedy along the North South Highway. My 4 1/2 yrs old son posed me an interesting question, "Papa, kenapa dalam berita ni asyik2 cerita orang mati je?" I smiled to myself before trying tirelessly to explain the reason to him. I guess I didn't sound convincing enough as he still looked puzzled after my explanation. He's totally right. All the headlines nowadays are either about war, death or natural disaster.

On a separate note, Malaysian bonds rallied like hell these couple of days. Looks like the Central Bank is more concerned about the growth rather than the inflation. It seems like there will be no or at least just another interest rate hike this year. This, coupled with the bleak outlook of the US economy has spurred a buying spree among the players. I can't complain coz I bought a huge chunks before the rally. As the market continues to buy, I slowly offload my position for quite a handsome profit. It brought some glitters in my book as for the past 7 months, I was in red. Thank god the current scenario favours my position.

Things were not that great for my personal financing though. Just being hit for a margin call on my stocks. Darn...I simply can't be in the equity market. Prices keep droping as and when I touched the stock. Have to get rid of all those lousy stocks. The problem is I simply do not have the discipline to cut loss. Typical problem for retail investors. Lack of discipline. My regional boss kept emphasizing that to be successful in trading (doesn't matter in which instrument) it requires 70% discipline and 30% skills. Easier said than done though.

My car absorber now has produced a squeaky sound when ever I ran into a bump or pot-hole. Tried to call the workshop but as expected they do not sound that friendly compared to the first time I sent the car after the accident. Do I need to go through another patience testing session with these guys? Arrgh! very tiring. Perhaps I should take a day off to settle this annoying sound.

Finally, I had to mention this. Profit Swinger has paid me for 7th consecutive time. What a program.

Signing off at 11 p.m.