Feb 27th, 2009
by Mark Foo.
Harold Geneen
American Businessman, Former President of ITT Corporation
“In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.”
“It is an immutable law in business that words are words, explanations are explanations, promises are promises but only performance is reality.”
Henry Ford
Founder of Ford Motor Company
“A [...]
Feb 26th, 2009
by Mark Foo.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Perhaps you’re still baffled by what has given rise to the current credit crisis because nobody has been able to put it in simple and straight-forward terms to enlighten layman like us.
Now, all thanks to Jonathan Jarvis, who has created an 11-minute video at Vimeo.com detailing [...]
Feb 24th, 2009
by Mark Foo.
1. What is Personal Finance?
In simple terms, personal finance means how you make your money, how you spend your money, how you keep your money, and how you grow your money.
Of course, you’d need to plan how you make, spend, keep, and grow your money with much care so as to:
Meet your basic needs – [...]
Feb 20th, 2009
by Mark Foo.
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
The first rule of value investing is to preserve your capital. Once you’re able to do that, then seek to make gains.
“Risk comes from not knowing what you’re doing.”
Conventional wisdom says that the higher the returns, the higher the risk. Sure there is risk to [...]
Feb 18th, 2009
by Mark Foo.
I’d just received an email from a friend and I thought the story in the email was very inspiring, so I decided I would share it with you. Hopefully, through this heart warming story, you’ll see the true beauty of FAITH.
This is the story of ‘Faith’ the dog. This dog was born on Christmas Eve [...]