All About Kwarta

The Good I got a new job! It's not yet official but I just sent my confirmation last night. The offer was good and about just the right time. I just sent my resignation last week. It was not just lady luck smiling on me but I was also anticipating this since I know I'm doing good at the interviews. So I guess I still had a reason to stay in the country for the time being. I'm not sure if I mentioned it in any of my previous post, but I'm entertaining the idea of finding work in Singapore. It never stops looking for technical manpower beyond its borders and I think it's always a good opportunity to work there. I got my 13th month salary. And I'm seeing my personal networth to new highs. From the general standards, it's not that significant. But seeing the figures in the green finally shows that one of my goal was attained. In perspective however, I do not see breaching the 100K mark in investments and cash when the year ends. But that's okay. I had to

I'm a lover of books. If I had that freedom to buy all the books I find fascinating, I might have a small library by now. I have a few programming essentials in my collections as part of the industry I'm in. A few fictions (fantasy, horror, philosophical) and nonfictions. It was just recently when I have been seriously involved in investing and stock market that I felt the need to lose a few pesos in exchange for tools I found essential. So here's are a few of the books on my shelf that has been (and has continually been) a valuable companion to understand financial stuffs which are otherwise completely alien to me. Rich Dad, Poor Dad - Robert Kiyosaki and Sharon Lechter One of the earliest books I had from my first paycheck. It quite piqued my interest on a relatively old idea that school can't get you rich (or something like that). While there are a few points in the book that I might disagree ( John Reed has a whole page devoted for this ), it nevertheless tran

I have just tendered my resignation from my current company last Monday. It was a bold move on my part considering I don't have a replacement job after the remaining two months. Why take the risk? Because I had to take a break from something I'm already weary of doing. I'm exhausted and not quite sure where my efforts go. It's one of those jobs you don't directly see the end result and most of the time it's frustrating. I don't have the slightest grudge against the company but it's time for a new environment. I wanted to explore things I hadn't explored yet. This made life a lot less boring. So i dare say, bring it on! Portfolio for the week:   - MEGW1 (51.19%) 3.56% paper   - RFM (46.62%)  1.42% paper   - Cash (2.19%) Trades for the Week:   - Added RFM @1.93 Months trading Total Gain PSEi Gain (Same period) W-o-W Gain 3 mos. 3 days 21.91% 20.80% 6.91%

Last week was a bad week for my stocks. But at the same time, it was also significant for me because my personal networth had just breached the 0 mark. That means if I had to liquidate all my securities, all my debts will be wiped out and an excess 2,000 pesos in my pocket. Graph of my Weekly Assets, Liabilities and Networth This was not the original plan however as the breach should have happened a lot earlier if not for the mugging incident that happened to me around 2 months ago (and I had a few purchases during that time :P). Nevertheless this is a very important milestone for my journey to financial independence.

Market Correction - The day after you buy stocks. - Anonymous P/E ratio - The percentage of investors wetting their pants as this market keeps crashing. Value Investing - The art of buying low and selling lower. Buy-and-Hold Investment - a short term trade that went wrong the hardest thing about riding a bull market is staying on. October - This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February. ~Mark Twain Don't try to catch a falling knife - i.e. if something is falling you could get hurt trying to catch it until it stops falling, then pick it up safely Markets can remain irrational longer than you can remain solvent. -- John Maynard Keynes Portfolio for the week  - MEGW1 (49.11%, -7.07% paper)  - RFM (31.57%, -1.88% paper)  - Cash (19.32%) Week-on-week loss is nearly half of the total gain :( Months trading Total Gain PSEi Gain (Same per

Normally, I'd wait till weekend to post about my position in the stock market. But the market has made quite a very interesting turn these past few days. These last five days of downward spiral wiped more than 2 months worth of gain. How's that suppose to be interesting? The downward plunge is sudden, very steep and across the board. And now I'm fallin', fallin' fast again The first 3 days were taken by many as a simple healthy correction. But come Thursday, blood splattered all over the trading floor. People panicked. This made me see the market in it's ugly form. I suddenly remembered  that the market is constantly undergoing cycles. And sometimes people felt comfortable of the uptrend, forgetting that there's always a downtrend to balance the market. I'm caught up in the stampede. Acquiring and dumping securities in a matter of hours. I saw my portfolio bleeding profusely. I was able to buy at low prices but the securities continued their down

Samsung Jet Once I had a Samsung Jet. It was my first touch phone. And I've promised to myself that this gonna be my last phone. It was a gorgeous eye candy. Too bad, thieves shared my sentiments to the point that they wanted it for themselves. Now it's gone. Samsung Wave  And then lately, I got myself a Samsung Wave. What more can I say? I love it the first time I saw it. I love it still even after Samsung introduced their Android-powered Galaxy S. My search of a good e-book reader brought me to my current obsession - the Samsung Galaxy tab. It's the big brother of the smaller Android phone Samsung Galaxy S. Certified drool-inducing device Android 2.2 running TouchWiz 3.0 7-inch TFT LCD with 1024 x 600 resolution (WSVGA) Weighs 380 grams 1GHz Cortex A8 processor 16GB or 32GB internal storage microSD expansion for up to 32GB additional storage Front-facing 1.3 megapixel camera and rear 3 megapixel camera with flash 4,000mAh batte

Trades for the Week   - SOLD RFM @ 2.21 (19.45% gain) Portfolio Allocation   - IP (40.16%) 5.30% paper   - MEGW1 (21.80%) 12.17% paper   - GMA7 (11.98%) -0.71% paper   - Cash (26.05%) Months trading Total Gain/Loss PSEi Gain (Same period) W-o-W Gain/Loss 2 mos. 19 days 25.49% 24.99% 2.27% And the bull's still in rage.

On the other side, Ninoy is facepalming 10 Possible scenarios that might have caused the red splotch of dried red liquid on a 500 peso bill. 1. A rich guy “suddenly” spilt some ketchup on his date’s dress and refused to take the napkin offered by the waiter. 2. A street child knocks at a tinted car window and a lady with a ridiculously big hair, a shoe collection and a famous dictator for a husband gave him the bill. The child was said to have been shouting “Si Madam Auring! Si Madam Auring!” before being hit by a truck, cut his body across and splattered bits of his brain everywhere. 3 . A conductor on a bus sensed a hell huge phlegm coming. He’s out of other options really. The yellowish green with a tinge of crimson gooey stuff drops into a 500-peso bill and slids it back to his pocket. He gently knocked his chest and sighed, “Now that’s better”. 4. An emo dude runs out of something to cut himself and remembers that old Linkin Park song. Yes, I was talking about In