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Thread: PAW 2008 (Info & Discussion)
04-09-2008, 03:33 AM #154
04-09-2008, 03:41 AM #155
You're gonna make us proud very soon!
I can't forget your ingenious idea to shorten the PAW entries by the "Fill in the
blank ( ) Method" which makes PAWing so much easier and lots more fun!
As a team, I'm proud to say that the WOW Team has made its modest contributions. Perhaps you could do a writeup on our history.
Yes, to a certain extent, the challenges and sometimes insidious mocking from our friendly competitors, made our Team all the more determined to fight back with good strategies and ideas to add more spice to an already overwhelmingly popular and entertaining game.
Certainly we can do more!
04-09-2008, 04:12 AM #156
hi Loh, sorry for being curious, are you at work now?
04-09-2008, 05:04 AM #157
Yes you're right, I'm 'working' from Mon - Fri, 9 am - 5.00pm. (5-day week )
But I'm working as a 'self-employed' remisier or what is commonly known in Singapore and Malaysia as a stock broking dealer. If I'm not wrong the word 'remisier' is a French word for a "commissioned agent". How such a French word should come to our shores so many decades ago and remained to this day is very interesting and warrants some research into. (Perhaps it has to do with Singapore's eminent position as a trading post to traders far and wide and inevitably the French must have been one of the dominant players then.) Many people from outside this region I talked to do not understand the meaning until I told them I work as a stock dealer or if they are still blur I will say "stock broker".
Yes I work as a commisioned agent in a big local stock-broking company which has close to 1,000 remisiers and salaried dealers. I have my own clients which I brought in myself and 'many inactive clients' given to me by my company. I don't have to pay for most of the things supplied by my compay, including the rent for my table space ("my office" ) and computer, research and office back-up facilities. I paid for them indirectly through the commissions (or brokerage) that I earned whenever my client makes a trade (either by buying or selling securities). The company takes 60% and I pocket the remainder of 40%. So for every dollar of brokerage, I get 40 cents and the company, 60 cents. So far I did not get the sack, which means that I survived all these years whatever the market condition.
You may probably know that ever since the mortgage lending market (or sub-prime mortgage) in the US burst towards end-2007, the stock markets around the world went into disarray and high volatility continues to rule. Singapore is not spared as our big local banks were also caught in the ADOs created by the US and European financial houses.
So, here I am today managing to do only one deal for my client and having the rest of my working day indulging in BC amusement. I can't really complain because as an uncle, I should be 'retired' and not having to work. That was an old concept during my father's time. Nowadays you need to work in Singapore to make sure you are not penniless and having to rely on charity to go on living! Furthermore, the income, no matter how low, helps to supplement my desire to travel overseas to watch badminton live!
See you in Jakarta this May for the TC/UC confrontations.
Or come August, in Beijing for the Olympic Games!
Cheers to BC!
Last edited by Loh; 04-09-2008 at 05:08 AM.
04-09-2008, 05:10 AM #158
ah, i always thought market volatility was good news for remisiers. it's times when the market is stagnant that you need to worry about.
04-09-2008, 05:16 AM #159
During bad times, not a few remisiers have gone bankrupt, not because they dabbled in the stock market and lost, but more so because of their client's losses.
04-09-2008, 05:35 AM #160
that goes with the territory i guess. it's all this risk vs reward thing again ... very rarely can you expect to make huge gains without taking huge risks, and vice-versa.
04-09-2008, 10:07 AM #161
04-09-2008, 10:09 AM #162
it was a fluke i tell you, a fluke!
04-09-2008, 10:20 AM #163
04-09-2008, 11:08 AM #164
Of course it was a happy fluke!
As Dreamzz has reminded "How dare you beat our star player"...or something to this effect.
Yes indeed, to beat a star player must be out of your mind, especially when you have passed your prime and is now an uncle. Only when the star player decides to be magnanimous and gives away some freebies such as hot tips. So thank you Dmitry for being so sporting!
04-09-2008, 11:34 AM #165
04-09-2008, 11:46 AM #166
04-09-2008, 02:29 PM #167
04-09-2008, 02:31 PM #168
04-09-2008, 08:25 PM #169
04-09-2008, 11:24 PM #170
You teams fighting with each other will just make SMASH-CHING GANG go stronger.
As the Chinese say: When the snipe and the clam are fighting, the fisherman benefits.
SMASH-CHING GANG will SMASH all of you
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