Decided that I don't wanna call clients at this moment of time even though I should be doing this at this point of time. I am supposed to meet each and everyone (as much as I can) so as to pass them the calendar for 2009. I don't know why but just feel more like sitting on it and SLACK!! Ha.. Most prob is due to the mentality that my Project Alpha is now the priority. I don't see my clients being happy to see me. Those who bought investments (whether from me or not) lost money. Most of them had about half, or even about a quarter left. The other group who bought traditional plans like savings and life plans are now losing sleep over the fact that what if Prudential collapse (something that will not happen given MAS conservative attitude over our reserve ratio.
Project Alpha is having some funding problems. Till now, the secured amount is only $30k, and even then, its an oral confirmation. This means that until I get the cash, it's just a promise that may not be fulfilled.
This is one of the biggest risk that I have taken ever since the last time my risk taking backfired spectacularly. The spectacularly backfired risk taking exercise was to do contra trade with no intention of taking delivery of the stock. Then the lost was in the area of $30k.. I never tried anything in that region ever since.
Anyway, this blog is done at toast box of Centrepoint. I'm here waiting for my dear wife to end class then feeling lazy to do anything else.. Ha.. I think her class is ending soon.. Time to get going.. Tata..
Friday, October 31, 2008
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