New Year Resolution
What is this year resolution, well I had made a resolution to channel the energy to important areas, but that’s not specific and details will be released shortly. I went for the countdown on New Year eve at Marina Barrage with friends and cousins, saw the fireworks and a lot of people there.
The total amount of money that I paid on my own adds up to roughly S$35K, not a big sum for biomedical honours degree. Its a form of investment, for example the goose that lays the golden egg. The funny thing about investment is not how much you have put in, but how unlimited value can you take out of it. Meaning of return on investment (ROI), is the ratio of money gained or lost (realized or unrealized) on an investment relative to the amount of money invested. Rate of return is categorised into arithmetic and logarithmic return. The main advantage is that in logarithmic return the continuously compounded return is symmetric, while the arithmetic return is not: positive and negative percent arithmetic returns are not equal. For example, investment of $100 that yields an arithmetic return of 50% followed by an arithmetic return of -50% will result in $75, while an investment of $100 that yields a logarithmic return of 50% followed by an logarithmic return of -50% it will remain $100.
They say in investments, you shouldn’t put your eggs into one basket, but what if the person holding the baskets drops all of them. That why I say you should have eggs not only in baskets, and also in shock proof reinforced bags. 