Get rich on Bitcoin? The highs and the lows

Some people are so lucky... but to live like this is just too risky. Do NOT live like this guy. While this guy was lucky, there were MANY who were NOT as lucky. Watch this video and see.

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. MUST-WATCH Get rich on Bitcoin? The highs and the lows 22 Apr 2018 12:23AM (Updated: 22 Apr 2018 12:30AM) https://www.channelnewsasia.com/news/cnainsider/get-rich-on-bitcoin-the-highs-and-the-lows-10160308 This man went from struggling to pay for chicken rice, to being able to pay off a condo unit – thanks to Bitcoin. But Talking Point asks, what are the risks involved, and should you put your coin in? 2 years ago Eugene Tay was struggling to make ends meet. Today, he owns this 1-Bedroom Condominium Apartment which he paid over half-million dollars for last year - using Bitcoin. Eugene Tay, Freelance Actor, bought his home with Bitcoin. [In this video Eugene Tay says, I had almost no money in my wallet - (when) I wanted to buy a plate of chicken rice I had to consider whether I should buy it. Everyone was telling me... "Bro, you're crazy!" "Don't be silly, you'll lose your money, it's fake money!" ... but for some reason, I was just stubborn. I was like, either I stick to what I'm doing today... and die hungry, or I do something drastic. So I took all the money I had and pumped it into Bitcoin. The market was so hot back then, that any coin that you put your money in, you would make 5 times - in a week! So I started rolling because I got lazy to cash out. By the time I could afford a condo and got a surplus, I said OK, now it's time to cash out.] The Monetary Authority of Singapore warns that Bitcoin is a High-Risk Investment. And it can be stolen. Not everyone was so lucky. Watch this Video Link below, to see that there are others who made loses and are victims of this Bitcoin Investments. Video Link: https://www.channelnewsasia.com/news/cnainsider/get-rich-on-bitcoin-the-highs-and-the-lows-10160308 .

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Retirement Plan

---------- Forwarded message ----------
Date: Thu, Aug 24, 2017 at 12:06 PM
Subject: I was attracted to this GIF of 'Hanging Socks Out To Dry?'.
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. My Blog Entry Hanging Socks Out To Dry? Thursday, August 24, 2017 Labels: Money, Retirement, Retirement Plan, Savings Posted by Welcome, at 12:03 PM https://enterarena.blogspot.sg/2017/08/hanging-socks-out-to-dry.html I was attracted to this GIF of 'Hanging Socks Out To Dry'. Reminded me of... Don't wash your linen in public. Do not wash your linen in public. And yes, I am not going to 'wash your linen in public' as it is neither 'yours' or 'mine' and this has nothing to do with dirty 'linen'. It's about somebody else's retirement plans that I feel is not exactly for me, but it does help in the planning. Every one of you will have your own idea oh how you want to plan your retirement. There is no right or wrong because all plans have their risks and this plan below is just as risky although more on the safe side. But not planning is the worst thing that you can do. Please have some form of planning & it's good if husbands and wives can agree on some form of plan. Hanging Socks Out To Dry? https://cdn.brand-display.com/content-studio/data/NaN/images/medium/2e5a3f7d403ea57fa8ea42fade53fcc1.gif . . News or Ad? http://www.channelnewsasia.com/news/brandstudio/manulife/i-want-to-start-a-family-does-having-children-change-my-8790924 I want to start a family. Does having  children change my retirement plan? Congratulations! And the short answer is yes. Text by Mark Tay Speak with a professional financial planner from Manulife Singapore to find out about ideal plans for you and your family. So you and your partner have been thinking about having kids for a while, but you aren’t entirely sure how plans change once you have an addition to the family. Well, the good news is that you’re not alone. It’s pretty tough to plan every detail of the life journey with a child involved because there are many things to consider ( like if you might want to give them the best shot at possibly pursuing their passions in an extra-curricular activity ). That said, here are four non-negotiable changes in you and your partner’s lives that you’ll need to consider. 1. RETIREMENT AGE You need to be clear that having a child means supporting them till they are old enough to start working and earning their own keep. In the context of Singapore, that will be when they are about 25 years of age. Knowing this, you’ll need to be realistic about the age you actually can stop working, which may end up being a little later than you initially planned. For example, if you have a child when you’re 35, you’ll probably need to keep earning money till you’re 60). If you start planning early (like now), there are financial and insurance instruments available that may help you build up your wealth, but you have to be aware that there are risks involved. That way you might still be able to kick back and relax at a slightly earlier age, if you so choose. 2. FAMILY INCOME You’ve probably already had this conversation with your partner because whether one of you is planning to stop working and take care of the child makes a big difference to how much the family will be able to spend and save. However, plans sometimes do change so both you and your partner should still work towards building up a contingency fund of about six to 12 months of your combined income. This will ensure there’s a sufficient buffer in case one of you decides to stop working for a period of time after your child is born. 3. EDUCATION It’s important to remember that when you’re planning for your child’s education, you’ll need to carefully take into account prevailing inflation rates in Singapore. This is because a large amount of your child’s education fund will be spent on his or her university studies (which will be around 18 years away) so the number you’ll be faced with might be significantly different from the one you just Googled the other day. If you’re looking to enroll your child in private institutions, even higher costs will be incurred. But because you’re thinking about it now, you have the opportunity to plan the right steps on just how to build that education fund. Check out this handy Education Calculator to get a better sense the amount you’ll need. 4. ASSURANCE FOR THE FUTURE You obviously want the best for your kid (which is why you’ve read up to this point), so consider whole life insurance policies. These insure your children for their entire lives (once the required premiums are paid) and also some come with annual cash returns (until the policy is terminated). In essence, if you’re able to afford the premiums for such a policy, it can give your child yearly returns all the way through to their retirement. However, as always, a conversation with a professional financial planner regarding this, as well as the other points above, will definitely help shed some light on what is the ideal plan for you and your family. For more ways to get you even more ready for your life ahead, visit www.manulife.com.sg or click here for more stories and infographics from the series. Read more at http://www.channelnewsasia.com/news/brandstudio/manulife/i-want-to-start-a-family-does-having-children-change-my-8790924 . .

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One Billion ~ What does Billion actually mean?

---------- Forwarded message ----------
Date: Thu, May 26, 2016 at 11:16 AM
Subject: One Billion ~ What does Billion actually mean?

~ The 26 Billion Dollar Mistake on the 26 of May 2016

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Thursday, May 26, 2016

One Billion ~ What does Billion actually mean?

The Billion Dollar Question.

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. Question: One Billion ~ What does Billion actually mean? Internet Answer: The number equivalent to the product of a thousand and a million; 1,000,000,000 or 109. example... "a world population of nearly 5 billion". So basically... I Billion = 1,000 million = 1,000,000,000 This method used is currently popular and is known as the Short Scale. Another method used is called the Long Scale which is not popular probably because it is impossible, very remote & non-realistic in most cases & usage. .

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. This is what started this question once again! The 26 Billion Dollar Mistake on the 26 of May 2016 [10:04 am, 26 May 2016]Apple Lamb: ... sent news article (see attached) with the 26 Billion Dollar Mistake in reporting (RM2.6 billion (S$875,000)). Fish: Oiy! The figures correct or not? Apple Lamb: of course not lah editor sleeping lor Fish: ... wishful thinking... probably. I think should be something like this... RM2.6 billion = S$875,000,000 ... base on rate from internet...  ... so the editor missed 3 big important zeros. ... BUT in an exam... he or she will get ONE BIG ZERO! Jackfruit Cup: Maybe typo... Million not billion Apple Lamb: billion is correct⁠⁠⁠⁠ .

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. The 26 Billion Mistake in reporting http://mypaper.sg/top-stories/kl-have-donation-law-place-2018-election-20160526 May 26, 2016 KL to have donation law in place before 2018 election KUALA LUMPUR WHEN Malaysia holds its next general election in 2018, a law should be in place requiring political parties to disclose all funding from foreign sources and local interest groups so as to prevent electoral meddling, said the minister tasked with fostering political integrity in the country. The announcement came as questions persist over the origin of the RM2.6 billion (S$875,000) found to have been deposited into Prime Minister Najib Razak's personal account before the 2013 general election. Paul Low, chairman of the National Consultative Committee on Political Financing - formed in August by Mr Najib following uproar over the deposit - yesterday updated the media on the planned political donation act. Speaking at the Malaysian Institute of Integrity in Kuala Lumpur, he said the last meeting to iron out details will be held in July before the draft is submitted to the Cabinet, reported Berita Harian. "Once the law is adopted in 2018, all political parties must disclose information about their donors, the amounts they receive and how would the money be spent," Mr Low added. "This is to help restore the trust that had been eroded between political leaders and the people," Mr Low, who is also minister in the PM Department in charge of governance, integrity and human rights, pointed out. According to him, any money coming from outside the country, even if owned by a Malaysian, must be scrutinised. The law would also target political financing from government-linked companies, the Sun Daily quoted him as saying. Mr Low suggested the Election Commission play the supervisory authority, taking over from the Registrar of Society, which is over-burdened Mr Najib was cleared in January of corruption by the Attorney-General over the RM2.6 billion donation. AGENCY .

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. To read... Long and short scales https://en.wikipedia.org/wiki/Long_and_short_scales The long and short scales are two of several large-number naming systems for integer powers of ten, that use the same words with different meanings: Long scale Every new term greater than million is one million times larger than the previous term. Thus, billion means a million millions (1012), trillion means a million billions (1018), and so on.[1][2] Short scale Every new term greater than million is one thousand times larger than the previous term. Thus, billion means a thousand millions (109), trillion means a thousand billions (1012), and so on.[1][2] For integers less than a thousand million (< 109) the two scales are identical. From a thousand million up (≥ 109) the two scales diverge, using the same words for different numbers; this can cause misunderstanding. Read on... https://en.wikipedia.org/wiki/Long_and_short_scales .

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How many is a billion?

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. https://en.wikipedia.org/wiki/Billion Billion From Wikipedia, the free encyclopedia For other uses, see Billion (disambiguation). A billion is a large number with two distinct definitions: 1,000,000,000, i.e. one thousand million, or 109 (ten to the ninth power), as defined on the short scale. This is now generally the meaning in both British and American English.[1][2] 1,000,000,000,000, i.e. one million million, or 1012 (ten to the twelfth power), as defined on the long scale. This is one thousand times larger than the short scale billion, and equivalent to the short scale trillion. American English always uses the short scale definition but British English has employed both versions. Historically, the United Kingdom used the long scale billion but since 1974 official UK statistics have used the short scale. Since the 1950s the short scale has been increasingly used in technical writing and journalism, although the long scale definition still enjoys common usage.[3] Other countries use the word billion (or words cognate to it) to denote either the long scale or short scale billion. For details, see Long and short scales – Current usage. Another word for one thousand million is milliard, but this is used much less often in English than billion. Some languages, such as French or German, use milliard (or a related word) for the short scale billion, and billion (or a related word) for the long scale billion. Thus the French or German billion is a thousand times larger than the modern English billion. History According to the Oxford English Dictionary, the word billion was formed in the 16th century (from million and the prefix bi-, "two"), meaning the second power of a million (1012). This long scale definition was similarly applied to trillion, quadrillion and so on. The words were originally French, and entered English around the end of the 17th century. Later, French arithmeticians changed the words' meanings, adopting the short scale definition whereby three zeros rather than six were added at each step, so a billion came to denote a thousand million (109), a trillion 1012, and so on. This new convention was adopted in the United States in the 19th century, but Britain retained the original long scale use. France, in turn, reverted to the long scale in 1948.[4] In Britain, however, under the influence of American usage, the short scale came to be increasingly used. In 1974, Prime Minister Harold Wilson confirmed that the government would use the word billion only in its short scale meaning (one thousand million). In a written answer to Robin Maxwell-Hyslop MP, who asked whether official usage would conform to the traditional British meaning of a million million, Wilson stated: "No. The word 'billion' is now used internationally to mean 1,000 million and it would be confusing if British Ministers were to use it in any other sense. I accept that it could still be interpreted in this country as 1 million million and I shall ask my colleagues to ensure that, if they do use it, there should be no ambiguity as to its meaning."[3] See also Names of large number .

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---------- Forwarded message ----------
Date: Mon, Sep 14, 2015 at 7:41 PM

---------- Forwarded message ----------
Date: Mon, Sep 14, 2015 at 7:31 PM

Sample of my potential movement to stop Chain Messages.

Also, describes briefly what 1 Billion actually mean.

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Warning! Potential Chain Email Message!

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. Hello Friends, One Billion Educational Chain Message Warning! Today, with the click of a button, a message can be forwarded to hundreds of people at no apparent cost to the sender. If each of these "Good Samaritans" send the message to only ten other people (and most send to huge mailing lists), the ninth re-sending results in a billion messages, thereby, clogging the network and interfering with the receiving of legitimate e-mail messages. Factor in the time lost reading and deleting all these messages and you see a real cost to organizations and individuals from these seemingly innocuous messages. How do you recognize a chain letter? They all have a similar pattern. They all expect you to re-send the message, either by threat or by guilt, e.g. Will you e-mail this message to all on your mailing list, and ask them to pass it along to all on theirs? Sample of Chain Message Propagation: 100 x 10 = 1,000 1st re-send = 1,000 x 10 = 10,000 2nd re-send = 10,000 x 10 = 100,000 3rd re-send = 100,000 x 10 = 1 million 4th re-send = 1,000,000 x 10 = 10 mil 5th re-send = 10,000,000 x 10 = 100 mil 6th re-send = 100,000,000 x 10 = 1,000 mil 1000,000,000 = 1 billion (short-scale) 7th re-send = 1,000,000,000 x 10 = 10,000 mil 8th re-send = 10,000,000,000 x 10 = 100,000 mil 9th re-send = 100,000,000,000 x 10 = 1,000,000 mil 1,000,000,000,000 = 1 billion (long-scale) ... and this list... goes on... and on... and on... and on... .

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POSB ~ Retirement Plan 2014

I've just spent some time doing this Blog for various reasons.

I like mathematics:

~ if a day of savings cost $10 a day, then

~ a year would cost $3,650 ( = 365 x 10).

~ and to add $10 every 4 years during the Leap Year

I like savings:

I have always liked the idea of savings and retirement have always been something I have been planning, which began way, way back even while I was as a child.

I like GIF Animations:

I just happen to like animation so I'm dabbling with creation of GIF files. 

There are 2 Websites that I use to help me do these. They are...

• 1 ~ 'Screencast-O-Matic' ~ http://www.screencast-o-matic.com/

• 2 ~ 'MAKE-A-GIF' ~ http://makeagif.com/

Scroll down to see my GIF making adventure.

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3rd and Final attempt using 'Screencast-O-Matic'

This is a bigger image. Done so that the 'Screencast-O-Matic' stamp will appear smaller when i shrink the whole image. Click on image to enlarge.

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2nd attempt using 'Screencast-O-Matic'

Found that I could actually start the animation with a button at the bottom left corner of the image. I realize that the 'Screencast-O-Matic' stamp was too big.

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1st attempt using 'Screencast-O-Matic'

Had to start the Flash animation using the right mouse click. You can see the mouse at the almost top right hand corner of this GIF animation.

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 Created using 'MAKE-A-GIF'

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STILLs to help create the above at 'MAKE-A-GIF'

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GIF ~ Just a Dog counting his Money ~ It ain't much

It ain't much...

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GIF

~ Just a Dog counting his Money

~ It ain't much

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GIF ~ The Rotating Dollar Sign

GIF ~ The Rotating Dollar Sign

Money ~ Singapore $10 dollars

Just a small pix...

Singapore Dollar ~ 10K ($10,000)

01 ~ Specimen

02 Yusof Bin Ishak's Face

Singapore Dollars ~ Money Counting Machine

Singapore Dollars ~ Money Counting Machine

Money ~ a Stack of Cash ~ Dollars & Cents

Singapore 10 Dollars ~ Small

Money Tree ~ Man & Truck

Working Hard For My Money!

Singapore Money ~ 50 Dollars Singapore Notes

Money ~ Singapore 100 Dollars

Money Vs Experience

When a man with money meets a man with experience, the man with experience ends up with the money and the man with the money ends up with the experience. ~ Unknown.

Money ~ Coins ~ Singapore 5 Cents

50 Dollars Singapore Note

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Singapore Dollars

~ Singapore Money

~ a stack of $50 notes

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Money ~ Singapore Coins

Money ~ Singapore 10 Dollar

Coins ~ Piled Up