Today in my economy class I learn Norminal Interest Rate and Real Interest Rate.

The nominal interest rate (unadjusted for inflation) includes compensation for the lender’s lost value due to inflation, whereas the real interest rate excludes inflation. The real interest rate therefore expresses the cost of borrowed funds after the expected erosion of the value of those funds due to the rise in the general price level.

The relationship between real and nominal interest rates can be described in the equation:

(1 + r)(1 + i) = (1 + R) where r is the real interest rate, i is the inflation rate, and R is the nominal interest rate.[1]
A common approximation for the real interest rate is:
real interest rate = nominal interest rate – expected inflation
In this analysis, the nominal rate is the stated rate, and the real interest rate is the interest after the expected losses due to inflation. Since the future inflation rate can only be estimated, the ex ante and ex post (before and after the fact) real interest rates may be different; the premium paid to actual inflation may be higher or lower. In contrast, the nominal interest rate is known in advance.

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Yo check this out!

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During the past few days I had been hooked up with Robert Kiyosaki – Choose to be rich, it is a 12 audio CD  that covers pretty much Elementry Level in Financial Education.

The following article are taken from financialfreedomlibrary.com

Robert Kiyosaki stressed the importance of reading Financial Statements. When a person gets proficient at reading Financial Statements, that person is more equipped to be able to evaluate the fiscal health of a business before inves, or buying the company outright. Of equal value is the current business owner who knows how to read his own financial statements.

The keeping of regular Financial Statements enables a business to be able to spot trends in the company’s performance over time. If trends can be localized early enough, the business may begin to evaluate what factors led to the trend. If it’s a downward trend, the comapny might be able to reverse a previously made suboptimal decision, or further capitalize from upward trends.

Basic parts of the financial statement are as follows:

Income/Earnings Statement
Expense Statement
Balance Sheet

The first two are fairly self-explanatory. The balance sheet is a sort of snapshot of where your company is at the time you look at it. The balance sheet shows your company’s net worth, which in it’s basic form is income/assets minus expenses/liabilities.

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This is an article from home-based-business-solutions.com

Now that you have your business plan you are ready to begin your home based business right? Wrong! Conventional business strategies miss the most important aspect of the small business startup. There is one very important and vital part missing if you want an incredibly successful and profitable home based business. That step is the Life Plan.

Build your Life Plan first and then create your business plan around your Life Plan. If you create your home based business around your Life Plan it will fit you like a glove. You will be excited about your new small business startup. Home business ideas will flow and you will be on your way to fulfilling all of your needs. Set some time aside and put together a list of your personal goals.

Read more here [home-based-business-solutions.com]

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It has been a year since I started my interest with Flight Simulation, right now I decided to show you one of my typical daily practice of flying. I usually do it with my dual monitor, virtual cockpit, a joystick.

Today I’ll be flying with a Boeing 747-400 at MTOW, weather condition fair, winds calm, visibility greater than 10 miles. It is going to be an easy flight so that I won’t be ended up with a crash with the recording.

The recording starts on final approach, 8nm south of subang runway 32 establishing with the localizer at 3,000 feet.

As you can see, I always missed the threashold when trying to perform a smooth flare, B747 is just too heavy to control :p

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I just stumble across this video on you-tube, and I shouted Holy Shit, This happends one in a million…. a billion…

Ãœberlingen disaster Report with Blackbox data

How could this possibly happened! Two planes collided in at FL350, Both plane are equiped with TCAS II, Both were decending at -1,800ft/m and Peter (ATC guy) was stabbed to death after the incident, holy holy crap….

Š

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Welcome to a world of 2.5D (did I name this correctly?), Now this is nothing new, just soft of having some fun creating a 3D Presentation of a still photo using flash.

The inspiration came from some of the documentry show on Discovery Channel, showing stills but yet 3D animated pictures. It seems that it more and more of these appearing the media. I captured the idea by cutting up pictures into blocks, laid them layer by layer, did some math on the Matrix Transformation, put them into flash… … …(you won’t wan’t to know anymore)

I have serveral version of draft that doesn’t shows up that well:
First version
Second version
3D of 2.5D Stills (2.75D LOL! stupid name)

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Its time to long EURUSD

As you can see the resistance as became a support at 1.3520, This is a very healthy good sign for a uptrend. It’ll be a great time for a long position.

So how long will this trend last?

Well the easiest way to tell is to plot 4 lines, and prepare tighten the stoploss as the price hits the second line from the top. Probably 3-8 days who knows?

I had made 3% profit from my capital, well over 400 pips of profit

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Look at this! A classical acending triangle which indicates a breakout anytime soon! I’m talking about 8 hours ago…

Usually when I saw this, I’ll always place a buy stop and sell stop above and below the 2 triangular line, so as long as there is any breakout, I’ll expect well over 100 pips profit for the next 3-7 days.

Well what the heck, I did placed a buy stop at 1.3713 but I totally forgotton to place a sell stop at 1.3680 (why? interrupted by phone calls). Now i missed an opportunity to make some nice clean profit. May be the next thing that I could do is to re-enter during the retracement.

Updates:
Alright, I placed a sell limit at 1.3630, let’s see how far it brings me to!

 

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Finally I’m back in action!

If you had been reading my blog from time to time must had noticed that I haven’t been posting for quite some time! Many things happens to me lately and almost screwed up all of my planning…

First off my girlfriend had dengue fever, the dengue fever wasn’t detected earlier due to the inconsistent diagnostic and poorly interpreted by the doctor from Klinik ******** at SS2. Here is a typical conversation of a visit:

Patient: Doctor, I’m not feeling well, I had a fever…
Doctor: Alright, fever, I’ll give you some fever pills….
Patient: I also have some flu…
Doctor: Ic, then you had a flu and fever… I’ll shall give you some flu pills.
Patient: Doctor, what do I get fever and flu? is there anything wrong?
Doctor: How can you ask me? You had to tell me, You are the one who get sick… What did you eat last night?
Patient: I ate this this this and that that that…..
Doctor: Then probably you had a food poisoning…
Patient: …. WTF….. I think guardian pharmacy can do better than you…..

I Had enough with all these crappy advise and switched to another clinic at Taman Megah.
Immediately the doctor identified that this was a dengue fever and she was admitted to hospital for for 5 days. I do receive some of the advise that I appreciate alot “Nothings is more important that the people you love..” I left all my business projects aside and paying 100% attention to her…

Few weeks later when I started to resume my projects, I found out that one of my dedicated server was dead for days! (I should at least check some emails!) and this incident threatening zero income for the month August and September, I had to quickly came up a plan to keep the business running or else it is going to be a game over for me!

Halfway trying to recover my business, I fallen sick (oh yea, everything comes at the right moment) another 4 days delay in my projects.
So what is so significant with 4 days? Let me put it this way, 4 days is almost 13% of the month, meaning that i’m loosing at least 10% of the income!

Well right now everythings is going back on track, Hopefully this incident did not significantly damage my comming months income.

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