Or, more correctly, an attempt at money management. Well... not in terms of risk ratios in investing, but about how i deal with income. Also tracking my expenses for this month...and I've come up with the ratios of which account each income should be put into...income from my job(s) go half-half into savings for uni and expenditure. Income from tuiton primarily goes into my investment fund.
Hopefully that's sustainable. And that hope applies to my determination and/or passion in undertaking this task too...Ohya...and I need a proper way of recording...the way I do it now...it really darn messy...
In terms of other aspects of my financial life, forex has not been a priority...rather it can't be a priority wth all my work. But I still trade, demo trade of course, and try to spot reversal candlesticks and use the fibo retracement levels.
Next step: view other professional traders' blogs. Oh, and to attend a meeting with someone in Singapore who is organsing an amateurs' forex club.
On another front, I've a friend who wants to go into a distribution biz. Wonder if I can commit anytime...hopefully I'm of help...
That's it for now...hope you guys have a great week ahead! (it's monday here for me)
Sunday, 4 February 2007
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