Crtical Insurance

I have always been interested insurance ...... currently found the cheapest insurance in town
http://www.income.com.sg/insurance/safracare/index.asp
Pros :
1)cheapest critical cover .....

Ease your burden with affordable premiums

With premiums starting from as low as $2.50* monthly, this affordable plan provides the necessary coverage and helps put your worries away.

* Insured before 45 years old at sum assured of $10,000.

12.50=50k

2)Receive additional hospitalisation cash benefits

Apart from the distress of seeing a loved one in hospital, the loss of income and high medical costs may add to the financial burden of your family. SAFRA Living Care provides a hospital cash benefit of $50 per day for $50,000 sum assured due to illness or injury, up to a maximum of 365 days per confinement in Singapore.

Cons :
1) Age limit : 65 max :(
2) no cash value but better than ilp

Bear ambush

It has been 3 days of rise in STI
Today fall may be a result of profit taking . consolidation may be taking place .
Reverse may result sti to fall back 100 points ?

Index Value:	3,016.94
Trade Time:	5:10PM SGT
Change:	2.80 (0.09%)
Prev Close:	3,019.74
Open:	3,032.03

Warrants

I have been looking at saizen reit for some time due to fellow blogger AK and Momo :)
However I have yet to vest in the stock as I may be cash tied to buy 20 -30 lots.
After seeing momo bought a number, it gave me an idea to buy some too.

Its written as SaizenREIT W120602 :
W means warrant
120602 is the date

SAIZEN REIT W120602


Last Date/ Time to submit Subscription Notice 2 JUN 2012 05:00 PM
Listing Date 5 JUN 2009
Expiry Date 2 JUN 2012
Outstanding Balance 493,430,362
Price ($) as at 2010-04-01 0.075
High for the year ($) 0.095
Low for the year ($) 0.065
High for the month ($) 0.075
Low for the month ($) 0.070
Exercise Price SGD 0.09000
Underlying Stock SAIZEN REAL ESTATE INV TRUST
Underlying Stock Price ($) as at1 2010-04-01 0.165
Conversion Ratio 1 share(s) : 1 warrant(s)
Cash ($) 0.000
Premium/(Discount) (%) (Cash) -0.00
Premium/(Discount) (%) (Bonds)
Gearing (x) 2.20
Remarks

I realized that it may be a good way to leverage as I will have a fixed deposit maturing in a years time . Also it will be a safe move as if the company will to foreclose, only the price of the warrant rather than the foreclose price will be lost

Disadvantages will be we need to exercise the stock before execution date and not entitled to dividends.

However I have yet to check on the commission payable to broker on
buying the warrant
exercising the warrant

Dr Alexda Elder Quotes

You can be free. You can live and work anywhere in the world,
be independent from the routine and not answer to anybody.”

You can succeed in trading. It has been done before, and it’s being
done right now, today, by people who started from scratch, learned to
trade and are making a good living at it. The best ones make fortunes.
Others fail, out of ignorance or lack of discipline. If you work through
this book, ignorance will not be a problem, and you will hear me yell
at you again and again, pointing you towards disciplined, responsible,
professional trading.

Anewcomer to the market faces three paths that lead into a forest
full of treasures and dangers. The first path, for investors, goes
through the sunniest areas. Most of those who take it come out alive,
if not much richer. Another path, for traders, leads into the heart of the
forest. Many travelers disappear, but those who come out look rich.
The third is a shortcut that takes gamblers into the swamp.
How can you tell which path is which? You must choose your way
carefully because if you don’t, you’ll end up on the gamblers’ path,
especially since it crosses both investors’ and traders’ trails. We’ll return
to this question in the chapters on trading psychology.

From this 3 paragraphs written by Elder made me understand that one can be financially free but need to plan well, be disciplined and cautious . I hoped to be the trader someday to be in the heart of the forest :)
currently still trying to finish reading his book