Thursday, September 14, 2006

Wealth and age

Relationship between wealth and age.


A 10 week old fetus's feet, hold in a adult's thumbs. The reason that I am against abortion.

Wednesday, September 13, 2006

Religion is not for those who are strong

I had written the following story before:


Today when I was packing my stuff, I found the article attached above:

Wisdom from Warren Buffett

"Just because everyone else said that you are right, it doesn't necessarily mean you are right; just because everyone else said that you are wrong, it doesn't necessarily mean that you are wrong."

The conclusion? Keep an open mind and listen to other's opinion, but make your own decision!

In the last 1/2 Century, Christian may have become the minority, just as the Bible had predicted. But don't worry, all those non believers will just go to hell, haha...

The five most expensive words in investment

"This time it is different".

This article was written by me in 1997, BEFORE the real estae crash in Hong Kong. But of course, that doesn't mean my permissism on US real estate market is right :-)

Monday, September 04, 2006

The sign is everywhere

In the past ten years, with help from rising real estate price, US consumers use home equity (account for 48% of US household wealth) to increase consumer spending.

With saving rate near 0%, many experts are worry that even a 5% drop in housing price in 2007 may trigger a US (or even global) recession.

The sign is everywhere!