What Should you do if you are a victim of Sextortion?

I have a guy friend who had similar problem but he was extorted for money.

The tricks they used will be:

1. Show concern about you

2. Spend time with you Greeting Morning, Afternoon, Evening, Good Night

3. They will try to pick up your weakness by sharing their own stories

4. They will keep a diary of your personality and surprise you by how they remember you (make you feel important)

5. They will praise you and talk to you like a loves one

6. They will ask you to send pictures to them after they send theirs like what is shown in Crime Watch.

If you or anyone really did send picture which they can blackmail you.

Do not give them money or any thing they asked for because they will never STOP!



There is only ONE thing you can do!

Catch them red handed with the help of the police.

This is the ONLY WAY to get back the pictures you sent over with any back up!

What are the steps?

1. Go down to the police station and inform them about the situation.

2. Inform them the predator wants to meet you when and when.

Make it sound urgent! If not, it will take times for the authority to get back to you!

3. Do not meet the predator without the police in the picture!

4. Get him caught red handed AND get this done and over with.

Don't worry about losing face.

Only worry about losing more.

Protect your money and body!

Be safe Everyone!

Another Good Deed Done!

Sembcorp Marine's Subsidiary SMOE secures LNG Process Modules Assembly Contract

Sembcorp Marine's Subsidiary SMOE secures LNG Process Modules Assembly Contract 23-Sep-2014 17:12:42

infopub.sgx.com/FileOpen/SCMPressRelease23Sep2014.ashx?App=Announcement&FileID=315645

Announce on 23rd Sep 2014 but positive effect seen on 25th Sep 2014?

Riding on Dow Jones Upside?

Other then this news, their growth will still be slower.

By looking at the chart, there is a confluence zone with a small hammer if you look closed up in your own chart.

Downside is still in play unless we see a good upside break up from 4.15. 

Then again, will we see an upside from current 3.78 to 3.91 as a major resistance?

This might be a dead cat bounce for the downtrend. 

Always remember this, the trend is your friend.

Your guess is as good as my guess.

Trade Safely Everyone!

Do you see Value in Valuetronic?

Before any investment or trading. You should ask yourself Three Question.

1. Is this a uptrend, downtrend or sideway?

2. If I am wrong in my analyse, do i have a cushion ?

3. Is the cushion reliable?

Valuetronic based on the last dividend is around 6.390% from EOD price of 0.400.

Historically, they have given lower dividend so you must factor in the possibility of a lower dividend or no dividend.

IS this the right time of entry? 

Your guess is as good as my guess but it will be good to look for any upside from the range of 0.40 - 0.410

This is not a post to induce anyone to open a position into this counter.

Invest or Trade Safely Everyone!

A few characteristic of Scams that you need to know!

A few characteristic of Scams are:

1. Over promise that usually come with Under Deliver.

Example: 

i. just do this task 10 min a day and you can be a millionaire 

ii. 20% return every month

iii. Most 金点 CLASSIC, i will take care of you personally.

2. Sell you the products based on future upside and not present up side.

i. This means you might be buying on a down side with an upside forecast.

3. Misrepresentation 

i. Usually, you need facts and evidence to avoid this because if they intend to scam you, they will make it look so real that you won't want to miss the opportunity.

4. Pressure Selling 

i. They do not give you a cooling period to think about it.

ii. They want huge deposit upfront to deter you from backing out.

5. Uncertainty 

i. when you pose question and the scammer or his team can't answer your Question.

ii. Most 金点 CLASSIC, the Question you posed is not your problem but my problem. Just sit there and wait for money to come.

The above 5 points will be more harmful if you sign any documents that protect the scammer and not you.

Please Be Safe Everyone!

Another Good Deed Done!

In What Situation our claim might not be valid?

I realised many people know what they can claim but not sure what they cannot claim. Below is a list which one might not be able to make a claim in death or disability or Terminal illness. 1. when you are not able satisfy evidence of entitlement like submitting death certificate. (example: missing person) 2. when the terminal illness (pt 6) or disability (pt 7) is not covered in your Certificate of Life Assurance. (example, Stage of Terminal illness and whether is total disability) 3. Once an allowed claim is made either for terminal illness (pt 6) or disability (pt 7) for that one policy, there will be no death claim because the policy will automatically terminate with the claim or if the claim is made when the life assured is deceased, only Death Benefit will be materialised. 4. If the life assured dies from suicide within 12 months from the Cover Start Date of your policy or from the date of reinstatement (because you never pay to date), or the policy is void, there will be no claim of any. 5. Pre existing condition not declared that cause the claim will not be claimable. 6. Terminal illness not claimable if caused by: i) self inflicted injuries while sane or insane ii) AIDS, AIDS related complex or infection by HIV except HIV due to blood transfusion and Occupational Acquired HIV as stated in a "SECTION" of your Policy Booklet. (Something like the "NOTE" in Annual Report. Please read up if you deem necessary) iii) the use of unprescribed drug where such drug are required by law to be prescribed by a Registered Medical Practitioner 7. Disability not claimable if arises directly or indirectly out of: i) self inflicted injuries while sane or insane ii) attempted suicide iii) travelling on a non commercial airline except military craft 8. Disability is also not claimable when the life assured is below 28 days of age or existed at Cover Start Date of your policy or from the date of reinstatement (because you never pay to date), or the policy is void, there will be no claim of any. 9. Take note of the Special Exclusion or Special Terms and Conditions shown on your Certificate of Life Assurance which will deem the claim not valid for ANY. Disclaimer: I am not a certified insurance financial planner. This post is not to create unrest between any parties. DO NOT take this post as a guide to the policy you bought because you should refer to your policy booklet. Any enquiry just check with your financial planner. What i stated does not means I am right and they are wrong. Just go through what you signed. There is a clause where one might receive refund for the total premium they paid less any loans or outstanding amount one owe and expenses linked to the policy. or one might receive the surrender value (if any) which ever is higher. You should do your due diligent to see whether or how it might applies to you. Another Good Deed Done.

Do You know you can turn back YOUR time?

What rubbish am I talking about eh?

How can anyone turn back time?




There is actually a way but the approach will be different.

Before we make any major decision in life, we need to realistically visualize what is the possible outcome of the future.

We have to look at it through the positive and negative outcome and WEIGH whether the negative outcome would make you REGRET and hope you can turn back time.

There you have it!

You have successfully reach your STARTing point to change your future before it happens!




YES.

What is posted are just WORDS but do not under estimate how one can help themselves from trouble if they decide to take the time travel approach.

Learn to cherish what you have and count your BLESSING!

Invest and Trade Safely Everyone!

Do you believe you can retire in less then a year?

I have just started my blogging for the sake of sharing more ideas with more people who are interested in my thoughts.

I always find investment blog more helpful then any other blogs but there seems to be some problem with blogs that referral people to investment or trading course for a referral fee but do not care whether the participated person result in Genuine Good or Bad (Scam) Course.

Those money driven blog will invite Good Financial Blogger for interview and post on their own Blog making it seems like they are as legitimate as the Good Financial Blogger.

The Good Financial Blogger really just did it out of Good Will without knowing they are just a chess piece in the game.

Maybe is time for any Good Financial Blogger to take note who they are allowing themselves to be (unofficially) affiliated with through the blog channel.

I went through Singapore Police Force Facebook Page for Scams,

https://www.facebook.com/singaporepoliceforce/photos/a.449307704407.236365.56706929407/10152851590134408/?type=1

This message caught my eyes. Have you ever given it a thought whether what is promised to you will NOT come true?

The moment you signed on the dotted line in any agreement and transfer the money over, do you think the law can still protect you in anyway?

Do you believe you can retire in less then a year if you let a third party manage your money for you?




I hope our Singapore Site could provide more information on How Scams Works but I found a rather Good List from the below Australia Site.

Read (at least) about the Dangerous Myths.

http://www.scamwatch.gov.au/content/index.phtml/tag/HowScamsWork/

Dangerous myths

Some people hold beliefs that leave them even more vulnerable to scams.

One of them is the belief that all companies, businesses and organisations are legitimate and okay because they are all vetted and approved by the government or some other authority. That is not so. Consumer protection agencies can only do so much. While they are constantly on the look-out for dodgy operators, some scams only come to their attention when people report them.

A similar dangerous myth is that internet websites are all legitimate, or that it is difficult to set up a website. It is quite easy and cheap to set up a professional-looking website that is run from outside Australia. A scam website could be used to sell a dodgy product, or it could be easily made to resemble a genuine website, like a bank or credit union website. These websites are often only 'live' for a few days— but that is enough time to trick people into giving up their credit card details or other personal information.

Another belief that makes people vulnerable to scams is the idea that there are short cuts to wealth that only a few people know. Ask yourself the question: if someone knew a secret to instant wealth why would they be spending their time telling everyone, or need to charge people money for it?

Believing these myths can place you at risk.

PLEASE do not let your hard earned money be cheated!

No one deserve to be cheated unless you are a cheater yourself!

Invest and Trade Safely Everyone!

A Possible Trade if you are Bearish Bias

REX INTERNATIONAL HOLDING LIMITED Update to the Proposed Private Placement of 168 million new ordinary shares at S$0.57 per share Coincidental? Do Your Own Due Diligent! Trade Safely Everyone!

What is your Objective in making money from Investing or Trading?

When it comes into Investing or Trading we all know the basic concept is to make money.

The important thing to take note for this concept will be the Objective of why you want to make money from Investing or Trading.

Something to Ponder on:

1. Become a millionaire?

2. Passive Income?

3. Extra Income?

4. Financial  Freedom?

5. Retirement Portfolio?

I chosen Number 5 for my Objective.

To me ultimately even if anyone choose Number 1 to 4 they have to face Number 5.

So I focus on Number 5.

Number 5 to me would means I have enough money (that I can use anytime) in different portfolio to decide whether I want to retire early or continue to work.



The reason is simple.

We need to understand that Saving is the Mother of all investment or trading.

So when you make profit in any area, the first thing you need to remember is to bring back to Saving.

I do it by using an Annual Time Frame.

If my investment or trade carry risk or big position, I will choose to cash out and put back as Saving within a yearly time frame when the market shows an obvious weakness.

In other words, if the trend is bullish, I will let it run.

Some might said  I will never get a multibagger gain in any investment.

The truth is multibagger comes with Good Margin of Safety in Entry Price.

If none of my investment have a good margin of safety why not cash out and wait for one?

What works for me might not work for others.

Just read this with a pinch of salt.

Invest and Trade Safely Everyone!

Even If we really want to help people around us, never bite more then what we can chew.

When I got out of army, finished my degree and found a job during the economy gloom where graduate will be lucky to get $2000/- a month, i know life is not easy in the adult world.

After a few months in the job, i was approached by my Poly friend and Army friend to support them in their new career, the insurance sector.

That was when I am exposed to investment link products.

Is my bad for not doing enough research before signing the policy.

It took me around 10 long years to gain the knowledge to surrender the policy in profit instead of a loss.

Even if we really want to help people around us, never bite more then what we can chew.

I have a total of 3 Investment Link Policies.
Two of the Investment Link Policies mange to makes $1000+ profit each from losses.

The CPF  Investment Link Policies makes $9520.77/- profit.

The tricky part is:

1.  You must surrender the policy by being physically there if you want the surrender process to be completed asap. The key word is ASAP.

2. When you surrender the policy with your Q number called before 2pm, the exit price will be TODAY Price which YOU or THEY have no idea is how much.

You can only estimate from the updated price as a gauge to your exit price. 

3. When you surrender the policy with your Q number called after 2pm, the exit price will be the Next Working Day Price and if it happens to be a Saturday, you will be taking Tuesday Price.

Disclaimer:

The above 3 points was what was explained to me.

It might not be accurate and it was never intended to create any unrest between any parties.

Always consult the authorised agent you are claiming from for the more precise information.



So what do we do if we are now holding on to an  Investment Link Policy?

There are no right or wrong answer.

We might have to wait for the right time to get out in profit. I waited for 10 years.

Will the right time ever arrive?

No one can give you an answer but you are able to switch the fund which are not performing well.

You have to make your own decision whether the policy you are holding still serve a good purpose in your future and whether you are able to continue your premium without default.

Secure yourself Safely Everyone!

When is a POSSIBLE good time to Enter a Position?

A reader posted: "After reading this post, I must remember the key is still Savings or refers as Bullets. Too many a time, I am trigger happy. Wasted quite some bullets...whereby hoping is in vain for stucked counters to rebound... I should just pull out these weeds and do replanting..."

I just want to share with everyone.

1. You don't have to buy everyday.

2. You buy because you see prospect and momentum, not because you can afford it.

3. You buy because you have a plan. is easier to find a good entry but is hard to find a good exit.

4. You buy if you know your planned holding period you have the time to observe it. if you know you are busy, don't buy.

5. Don't buy an amount that don't allow you to sleep well at night.

Always remember this. Life is not about trading or investing.

Is about having a proper life too.

Live a proper live because we don't live to die.

A Farming Method

I shared this story on Facebook and it seem to applies to the last post about the Beautiful Mind.

Have a Good Read and see whether it applies to you.

If you are a farmer and you know the weather is good for growing crops. (planting seasons)

Would you start planting your crops?



As the times goes by the crops have all mature and the dry season is coming.

Would you take the chance for the crop to grow bigger to fetch a higher price vs dry weather?

Will the dry weather come tomorrow? No one knows.

Would you choose to harvest, sell and get the money to feed your family and get more stocks to grow in the next planting season?

This is what might happen now.

The Dry season might not come at all but is your choice whether to wait for the right time to plant new crops or allow the crops to grow bigger and maybe juicier.

Plant and Harvest Safely Everyone.

Follow your Objective.

A Beautiful Mind on Chip Eng Seng

Q1. I have a few readers asking me do i feel heartache when I sold Chip Eng Seng at 0.89 and the closing price of 0.95 on 12 Sept 2014 is a 6% missed profit.

To be honest, I never expect it to flew higher after I sold off.

Yes, I am expecting a correction and that is also why i choose to take a profit of $10, 793.40/- which have a additional $4000/- dividend. Total Profit: $14, 793.40/-

The entry was made when the price action stays above 61.8% fib and the market is bullish with a good dividend of 5.11%. Do refer to the above chart to match the entry.

There is really no heartache because the money is back in my bank account safely.

Q2. Now then why did I sell?

The reasons are quite simple.

1. I do not have a good margin of safety if there is a major correction. There was a resistance at 0.90 for 3 trading days so it is wiser to take profit in my point of view then to risk taking lesser profit.

Do note that 2 days later after i sold the price drop to 0.885.

 In a mind where a person feels there is a correction, is only norm they will sell lower eventually.

2. My Entry is above 61.8%. So IF there is a retracement with a bullish signal, i might be able to enter at around 61.8% fib which is a cheaper entry price.

3. The market does not have volume and we have wars and diseases around the corner. Ignoring it doesn't mean it will go away and when the bear really comes, no business price action is spared.

4. I already planned to reduce my positions in the market in case the free cash flow can be put to better use at a better price and timing.

Q3. Why did you not buy on break out?

1. I have reserve from  Q2pt3 and stick to my Q2pt4 strategy now.

Now what have this to do this a Beautiful Mind?

Let's assume the price does correct (touch wood) after 12 Sept 2014, and the price action drop back to 0.890.

Would a vested person sell at 0.890?

You see, if the price action does drop back to 0.890 or lower, more or less you are getting back the same amount of profit less disappointment and stress of why one did not take profit at the current high of 0.980?

What if the price action goes higher?

It will be great if the price action goes higher, it will benefit all the investors who are still vested.

All I have to do is put my profit to good use by finding another good company.

Having a Beautiful Mind means we do not let greed or anger get into us and believe in the correct decision we made to keep our investment safe and profitable.

Remember this, a profit is not a profit until you cash it out into your bank.

Invest and Trade Safely Everyone!

A reply to a reader on Facebook on the Need and Wants When it comes to Property Acquisition.

My answer will be general because I won't truly know your needs and wants but the important thing you have to take note is to always discuss it with your spouse before you make a decision.

Getting a 3rm or 5rm HDB flat will depends on:

1. Are you going to stay for life or you believe you will buy another property in the future (be it upgrade or another acquisition) ?

a) if you have plans to buy another property, do u plan to sell your 1st home away or rent it out?

Take note of the MOP then the ROI. New HDB rules have restricted the percentage of renting out in a zone. Go read on it.

2. your active cash flow of the family (combined) who are owners of the flat.
a)Are you financing the flat with ease or struggling.

3. the growth in your family member.

a) Are you planning to have 1 child or a big family?

b) Do you have plans to get your parent to live with you?

c) Do you have plans for your child/children to live with you after they are grown up ( married a not)

point b & c is important because if staying with you (willing or not) is part of the plan, then is better to get a bigger flat.

4. Do you have plans to do well with your excess cash/fund from choosing a 3rm instead of a 5rm? I don't mean investment yet.

a) Have you cover yourself with the right amount of insurance?

Since we are talking about flat here, we should be looking at an insurance payout that can cover the property purchased price.

do take note: term policy will be the cheapest for this scenario but term policy does not have surrender value.

b) is there other investment you are savvy with to grow your money. The key word is grow not strike rich. Please do not join any Quick Get Rich Scheme!

5. Do you have experience in getting a property?

What I am saying is. in most cases, your first property will be a mistake because only after staying in a property then you will know what you truly need and want.

Most people will adjust to the mistake to live with it or stay unhappy during the whole duration.

Example:
a) There is a multi storey carpark with STAIRS only and the nearest carpark is 2 block away which means after you super marketing, you have to carry the load all the way to your block rain or shine.

The above 5 points are really general but it would be something to pen down and discussed on.

To me Cash is King.

When you do a NEED approach, you PROBABLY will have more free cash flow to live a POSSIBLE less stressful life.

You will also have the cash to invest when the time/price is right and when the rules are less money driven.

Is all about lowering your long term expenses in a reasonable lifestyle.

Saving is the mother of all investment.

So start with Saving and do NOT invest in anything you are not savvy about.

Another Good Deed Done.