Monday, May 30, 2011

Hospital

My sister in law is admitted to the hospital, again. Felt fear as I saw her lying on the hospital bed. She seemed cheery enough. Feverish with a tender throat. Hope she can hold her food down.

Slim

Tuesday, May 24, 2011

Johnny winter


Ok, my apologies, the album I am listening to is circa 1980s. That like 8 years after I was born. Its by a guy named Johnny Winter. He has his own website. Very bluesy.
And this LP is not mine. I got it from my mother in law, who is in fact went to JB with my father. I wonder if they had reached home.

Slim

What exactly am I listening to?


I don't know the name of the artist singing in the very old LP but it is kind of nerve wrecking. I'm just listening to it to see what I've been missing even before I was born. I am still waiting for my LPs that I bought through EBay. I hope they'll be fine. Going to start reading soon. Exams just around the corner.

Went to Geylang just now and bought a couple of fish, among others. Its called Ikan Ayam Ayam, literally translated as Fish Chicken Chicken. Its easy enough to cook it. Leave the skin on and grilled it in an open pan. Eat it with a hot sauce consisting of chili padis, red onions, garlic and soy sauce. Eat it with rice. More pictures here.

Slim

Wednesday, May 18, 2011

Mission

A lot of things happened since the last post. MM Lee Kuan Yew and SM Goh Chok Tong resigned from the Singapore cabinet. PM Lee Hsien Loon has yet to announce the new cabinet line up and er well, since this is a historic announcement, "wah!".

I on the other hand has did much work on my HIFI set. First and foremost, I set up my marantz and mated it to my M3i bookshelves. A friend passed me his Sansui PD11 turntable which is in not a good working condition. I bought a used Thorens 165 TD instead, which is abit steep at S$350. Oh by the way, did I mentioned that Standard Chartered rejected my opening of a US$ savings account. Oh well..
Anyways, while setting up my living room set, I blew up my KEF Qi speakers. So I managed to get a pair of m34i floorstanders for S$400. Very heavy, due in part that the previous owner has placed sand bags in it. My marantz amp is now in my room together with the philips blue ray player and the floorstanders. I've rewired the speakers and now the sound does not get cut off immediately. I impressed myself actually as I intended to drive to sim lim and possibly spent a huge amount of money buying speaker wires and banana plugs. And since I did not do that, I saved myself the travelling and money and still got the job done...Hurray for Slim.

Ok Adam is back from school.

Slim.

Wednesday, May 04, 2011

US Dollars

I have just open a US$ account. I went to the nearest standard charterd bank and opened up the account with an initial US$3000. That costs me some S$3.7k.

Why?
Well, I noticed that the US$ exchange rate is quite low. Which means that it will cost me S$1.3 to get US$1.00. As compared to recent rates where US$1 will cost me some S$2.17. And since Osama has been killed, inalilah, and there seemed to be no more bad news with the US economy, my US$3000 should appreciate in value. Furthermore, correct me I am wrong, any gains that I have through currency fluctuations would be halal, instead of the measly interest I would get, which won't be as halal.

Renovations.
Su and me played with the ideas of renovating our house. So I said, let budget for it. Lets start saving and get the renovation under way once we hit 50k. So, this US$ account, or the money in it will be for our renovation. I mean we already have an Islamic accounts for our rainy weather days, so, we will not be touching on that.

So I guess, the priority now is placed on saving up for the renovation.

Process.
Each one of us has a bank account, me, Su and Adam. Previously, whenever any of our accounts were to hit S$1k, we would transfer it to our rainy weather account. Now that that is settled, I am looking at transferring whenever any of our accounts hit US$500. The objectives would be at least two fold.
1. We would be actively be reminded of the reason we are saving. As Adam, Su and I would constantly have to withdraw the funds to be transferred.
2. I could develop a dollar cost averaging system where I could average the cost and benefits whenever the US$ appreciates and depreciates.
3. The value of the money in the savings account POSB is being eroded. So might as well put it in another savings account where I could potentially get better returns.

Am I right? Is my money sense sound?

Now, the thing about standard chartered is that this is my first time dealing with the bank. So the lady with whom I opened up the account with said that she will call me once my account is approved. I've given them a cheque, so that will take at least until tomorrow. So if by tomorrow I should know whether I have my very first US$ account. If not, I will call them.

Why?
Why standard chartered? I've surfed the net and they are the only bank that I could find in Singapore, that requires only US$2000 equivalent to open up the account. Other banks require $10000. And thats to open a FD account. I wanted a savings account.

Next steps.
Need to add Su's name to the accounts namely the Islamic accounts in Maybank and the US$ account in standard chartered.
And to increase my income.

Slim