Value Investing Summit

[Dennis Ng]

Since this is a public area I will not say too much. As what Dennis taught I attended the session with a open mind and an empty cup. But I am really disappointed. I did not know him before I attend the session so I am hoping that I can learn at least one good point from his him. But at the end of the day I find that I am wasting my life to attend. To me is like paying to attend a preview of the actual seminars. It really did not make any sense. I believe that there is something missing also in his team. Apart from making money in the market I believe that we should have the correct value and principle. Of course this is just my opinion.

Cheers
Kok Kiat

Hi all,
I agree that "How" we make money is more important than how much we make. As I shared in the first slide of Secrets to Making Money in Stocks Seminar, the importance for all seminar graduates to "make money scrupulously" (ie. based on correct values and principles). And this is a message I often shared in various talks and seminars as well.

In fact, as I shared, we don't need to think or focus on making money, just focus on "increasing the number of people we serve" and the "value add we provide" and money and riches would come naturally.

The sad fact is most of the seminar speakers/trainers out there seem to put making money as the Main Motivation and Objective of why they conduct seminars.

Frankly, in year 2009, it was when I reached the point that "I could NOT stand it anymore" which led to me starting to conduct seminars. Becos clients showed to me notes of a over S$3,000 property seminar and I was appalled by the lack of content in such an expensive seminar...I told my client I can teach her more in 1 day about property than this 3-day Seminar...

My client said to me:"why don't you teach then?" And that's how I started conducting the Property Seminar.

The first Property seminar I conduct was combined with the Stocks seminar and we did it over 3 days. We did the first session in Aug 2009 upon request by attendees of my "How to Save and Accumulate One Million Dollars" seminar who told me they want to learn in greater detail about investing into stocks and property...and the rest is history.

[Dennis Ng]

Comments by seminar graduates on "Value Investing Summit":

I am hoping that I can learn at least one good point from his him. But at the end of the day I find that I am wasting my life to attend. To me is like paying to attend a preview of the actual seminars. It really did not make any sense.

Cheers
Kok Kiat

Speaker Patrick Liew is the CEO of HSR Global Ltd. He is a good speaker and can bring listener to him. However he jokes more than talking about property investing.

Basically i think the objective of this seminar is to get the audiences to sign up for their programs.
The contents of their presentation were so brief and simple that you can read it on your own from those books about Warren Buffett's way of Value Investing.

My take: Dennis's course for a 3-in-1 is a steal in term of price and knowledge we get.

Actually, I already sense that so-called Value Investing Summit is just "Previews" to sell their seminars and I shared this view in my 24 Nov 2011 posting below. I was not trying to put down anyone but from what I know about "the people involved", I sort of expected that's what they will do, not really to offer anything much of value:

If I am not mistaken, this summit is their first time. It's really up to individual, should they find the agenda on the day is something, they want to listen or find out.

24 Nov 2011

probably trying to sell their seminars.

Patrick Liew is Value Investor? I only always heard him give motivational or sales speech. He's pretty good at that though.

He even avoid to give any comments on the property market when I asked him on facebook. Frankly, I don't see anyone in the list worth listening to, without knowing who the mystery speaker is.

[Excalibur]

hi friend

I also attended the seminar last weekend under sponsorship with a pinch of salt after reading fellow "positive" comments. Here is what I learnt.

Speaker Ken Chee emphasised too much on Warren Bufett's way of investing.
His MIP (millionaire investor program) cost $3495.

this was one of first wealth seminar I attend. It looked impressive but I decided to look around before I signed with for Dennis. Price and value is in the eyes of beholders (what I heard in VIS) I talked to a young guy who signed in December MIP and they had 40 participants. I asked him and he had also heard of the Famous "Dennis Ng". He brought his younger bro and was happy and find it valuable with both the MIP and VIS. I feel happy for him too.

Ken also conducts a closed-door free workshop during breaks to interested investor to sign up for his premium course.
It heard that it cost about $8000+ which includes MIP, mentoring session, opportunity to meet up in person with management of listed companies and may able to get insider news/tips. I saw about 10 signed up and I salute their ability.

They emphasized integrity and honesty. Maybe they also do lots of donation even though they didn't say. This anonymous donation will leave a hidden treasure for the future and a legacy/fortune for the descendent. Of course, I also applause Dennis' effort to encourage people to give to the needy. If someone operates without integrity (which is emphasized and practised by Warren Buffett), then people will not survive long. We can see the demise of some biz and MLM as examples. So there is no need to judge for me as we are not Court Judges or God. There are many conflicts due to differing opinions and way of beliefs and how things are done. that's why we have different religions, political system/ideals and so on. Couple may even fight over how to squeeze a toothpaste. we must agree to disagree and mutual respect. In this way, we can be like the blanket that we are all connected as one. With conflict, we are disconnected.

I agree that we must be honest and ethical. For me, I had worked with Charities and in touch with various religious background. Now seeking enlightened in wealth. I am also thankful to T Harv Eker to correct my misunderstanding towards money and wealth. One thing that I learnt is that if I despise the wealthy and perceive them as unscrupulous, money minded, dishonest and cunning, I cannot become wealthy. Actually wealth/money got nothing to do with enlightenment, it is our negative thoughts, virtues such as greed, hatred and ignorance that we are supposed to throw away. So I throw the wrong things away with my past thinking and perception.

Most people and probably Dennis had made their fortune and now start to give to charities or better able to help the society with their wealth and knowledge. I don't see any difference other than the sequence and the paths as the final destination is the same. To serve people and live a life with integrity. We all have our life purpose and different way of achieving it.

Speaker Sarjit Singh - FCA, CPA. He gave talks about the Top 10 list to identify Fraud Companies.
He gave a very general points (such as evaluating mgt team, understand saturation, examine co track record on dividend payout, etc...)

Actually, I am quite impressed with the fact when he talked about how an low-paying account clerk bluffed or cheated on the smartest people and most efficient top tier branded and renowned company on planet earth. According to his co-worker, he takes bus to work, responsible (called to company when on leave), punctual or early at work, never take MC, low profile for 35 years working despite having conned $35M. Surprisingly, it was uncovered not because of tip-off, accounting irregularities or problem discovered by internal or external audit. It was just because of Y2K system checking. Of course, the moral of the story is crime and cheating doesn't pay. Or rather one will have to pay for the sins/mistake for committing unwholesome acts whether it is caught by law or otherwise. It is our conscience that we cannot escape from.

Speaker Joey Yap is the founder of the Mastery Academy of Chinese Metaphysics, a global organisation devoted to the teachings of Feng Shui, BaZi, Mian Xiang and other Chinese Metaphysics subjects.

Also, I don't quite believes in Feng Shui and bazi. However, after viewing Prof Zhen Shi Qiang's talk on Yiching, I believe that there are profound wisdom in this ancient book and the Chinese culture. If you see the connection, Yiching also talks about the laws of the nature, for formation of the universe and the inter-connectedness among earthlings and beyond. I think he is very talented and marketing oriented. He is able to sell the sophisticated Chinese metaphysic to the Western world while the Chinese don't even bother or have any interests in our ancestor's wisdom. If he is so successful, have many contacts and have written so many books, I am sure that he definitely know a lot that I didn't and so I definitely can learn a lot from him.

Confucius also learnt Yiching and so at age 60, he realized his life purpose and mission. He learnt that the time is not right and circumstances are not in his favour. So he accepted his fate to persist in persuading the warring state rulers to implement his teaching as no country will be able to practise benevolent policy as everyone is fighting against one another. If you don't build army or attack others, other will still attack you. So he decides to pass down his teachings so that the future generation can benefit and apply his teaching during peaceful time.

Speaker Attlee Hue works in private equity for more than 5 years and was a practicing lawyer for more than 15 years in the area of corporate law. He gave presention on Value investing on REITs. Very brief information from his 2-hr presentation.

[Dennis Ng]

Successful people don't think of wealth as the final destination. Wealth is the result of hard work, passion and perseverance. It is not the other other round. Like in Chinese metaphysics, many people want dumb money (that is money fallen from sky and without hard work). Many buy lottery hoping for it without realizing they have such wishful thoughts. Even if one has dumb money, one will lose it very fast if one doesn't cultivate future good fortune and have the financial intelligence to manage, sustain or grow their wealth.

Cheerio
TOny

Let me share my take what is Wealth? I don't go after wealth, becoming Richer is NOT even something I go after.

Actually one does NOT even need to think about Ourselves nor Money to become Richer.

Read this:

http://www.masteryourfinance.com/forum/ ... =10&t=2195

it also should not feel like "hard work", read this:
http://www.masteryourfinance.com/forum/ ... =15&t=2267

And to clarify, the only reason I share about my donations to Charity is to hope that this can inspire and encourage ALL seminar graduates to do the same. I myself can do very little.

But if each graduate, (now there are over 2,600 of us), just donate S$1,000, together we can donate S$2.6 million to the less fortunate and needy in the society.

I'm initiating the setting up of a S$100 million Charitable Foundation in 4 years' time (yes, time flies), which will help to alleviate the Poor from Poverty, sharing this Goal so that I hope more people can join in the Cause, that's the only reason I share, not for any other reason.

[wemakebread]

hi friend

I also attended the seminar last weekend under sponsorship with a pinch of salt after reading fellow "positive" comments. Here is what I learnt.

Speaker Patrick Liew is the CEO of HSR Global Ltd. He is a good speaker and can bring listener to him. However he jokes more than talking about property investing.

I attended his Learn-a-thon but this time I received more teaching from him. He is a good joker but I understand the hidden philosophy and wisdom behind his joke. I was fully awake during his talk and eager to listen and learn more. If one is humorous, the students are able to learn more and happier enjoy the joy of learning. A lot of our children and students already lost their interest in learning. they study just to get good grades and find a good job.

The truth he spoke of Singaporean is our ingratitude towards our parents, govt and the things (security, convenience, efficiency, stability) that we cannot get outside of Singapore. He said that we complained about everything when we are in Singapore (our no. 1 national pastime) and then when we are overseas, we complained why their countries cannot be like Singapore. When we complained so much, we forgot to do introspection, to look inside (of our mind) to see insight so much so that we keep attracting negativities to our life. When we start to look inwards, we will realize that the outside world is our inner world's projection and creation. Without dealing with our inner world, we can never change the outer world which is just a mirror of our mind.

I learnt that it is ok for people to say no. Many times, we are afraid to ask for fear of losing faces. Rich people are very thick-skinned and resilient as they can accept failure and rejections more than others. e.g. we are so shy and fear of the stigma about telling people explicitly that we want to be rich. how can we be wealthy, when we don't even dare to say it let alone taking action. He also told us to take action. Many Singaporeans like to attend seminars, lessons, courses and then go back to their comfort zone or sleep until 2pm after that. A lot of knowledge but no action. No action means nothing will happen and success will still just be a distant target.

I used to be like that until I realized that these are negativities and unwholesome energies that we keep to ourselves. Just like rotton tomatoes, we not only carry them around everywhere we go. we also share them with others. Surprisingly, many people are doing it everyday. The Gossiping at company's water dispenser talk is another example.

Cheerio
TOny

Hi Tony (Excalibur),

I just want to echo a few points which you mentioned, that I personally feel is very important and valuable.

1. Be positive. Think how to serve others, create value, innovate for better efficiency.
Negativity is not fruitful. Sharing negativity (complain/whine/gossip/etc) leads to downward spiral ... to the Dark Side.

It is worthwhile spending time to read, listen, reflect/mediate on more wholesome/enlightened/positive ideas.
(Pls also read Dennis' sharing about Dr. Masaru Emoto and his study on water to appreciate WHY)

2. If taking Action is difficult due to time/resource constraints, then it is worthwhile to do a time-out for quiet reflection to plan/focus/prioritise. Very often, we are caught in daily grind and simply drift with the flow. Therefore it can be useful to take a time-out for personal reflection to regain clarity. Clarity is Power! Actions which are aligned to clear intent/goals are more focused and efficient. If Direction is unclear, massive action could just be huge waste of time & energy.

[wemakebread]

3. Gratitude is a powerful attitude. It helps to divert our minds away from negativity and instead focus on the good things we already have. It also helps release us from the grip of anger and resentment. Gratitude is about being thankful for the half-full portion, instead of upset about the half-empty. Gratitude helps us to release the past (like releasing the hand brake of a car) so that we can move forward to embrace the new. Gratitude helps to clear away the rotten tomatoes, so that they will not pollute the rest of the fresh fruits in the basket.

[Dennis Ng]

Hi wemakebread,

I disagree.

If we see an inferior quality product and warn our friends about it, are we spreading gossip/whine/complain?

No, we are doing good, we are doing it with the Pure Intention so that others will not "fall" for and waste Money and Time on an inferior product.

My only guide to what I say is my Conscience. Nothing else matters, not even anybody's impression or opinion of me.

We need to ask ourselves, what is our intention? If the intention is to benefit the society, including warning others of inferior products, then it is the Right thing to do. If the intention is for one's own benefit, then it's the wrong thing to do and we should refrain from doing so.

With such principles as a Guideline to my words and actions, it becomes Crystal Clear to me what to do and what not to do everyday in my life.

In fact, I observe taht many people in society see something wrong happen and yet choose to keep quiet and do not stand out to warn others. Why? Becos they are worried about others' opinion of them.

But they forget and did not consider that becos they choose to keep quiet, that many others would suffer and lose becos they do NOT know that that "something is wrong" or "inferior".

I'm not sure about others, I will not keep quiet. I already share my guide to my words and actions and fellow seminar graduates can consider using the same guide in deciding what to say or do.

Not talking about the "dark side" is not positive. The only way to deal with the dark side is to shine a light and darkness will be gone. I hope all seminar graduates choose to be the Light and help remove darkness. Light is knowledge/awareness etc, etc...Dark includes ignorance, fear, indifference...

Cheers!

Dennis Ng

1. Be positive. Think how to serve others, create value, innovate for better efficiency.
Negativity is not fruitful. Sharing negativity (complain/whine/gossip/etc) leads to downward spiral ... to the Dark Side.

It is worthwhile spending time to read, listen, reflect/mediate on more wholesome/enlightened/positive ideas.
(Pls also read Dennis' sharing about Dr. Masaru Emoto and his study on water to appreciate WHY)

2. If taking Action is difficult due to time/resource constraints, then it is worthwhile to do a time-out for quiet reflection to plan/focus/prioritise. Very often, we are caught in daily grind and simply drift with the flow. Therefore it can be useful to take a time-out for personal reflection to regain clarity. Clarity is Power! Actions which are aligned to clear intent/goals are more focused and efficient. If Direction is unclear, massive action could just be huge waste of time & energy.

[accord]

Hi all,

I attended the course at a fee of $147. I was also given 3 complementry books (Value investing for Growth Co., Value investing for REITs, Value investing for employee). Each book cost $98 if you purchase them over the counter seminar.
Briefly flipped through the books and did not find anything significant important knowledge to us.
However will be reading them when i am free and will then summarise to you'll in this forum.

Cheers!

[Excalibur]

3. Gratitude is a powerful attitude. It helps to divert our minds away from negativity and instead focus on the good things we already have. It also helps release us from the grip of anger and resentment. Gratitude is about being thankful for the half-full portion, instead of upset about the half-empty. Gratitude helps us to release the past (like releasing the hand brake of a car) so that we can move forward to embrace the new. Gratitude helps to clear away the rotten tomatoes, so that they will not pollute the rest of the fresh fruits in the basket.

Gratitude and self-introspection (self reflection of one's own shortcoming) are important to personal growth and happiness to oneself and others.

for the analogy of half-full and half-empty. my purpose is to guide people to see the complete picture. these 2 halves make a whole. We are not here to criticize or judge whether full is good or positive and empty is bad or negative and vice verses. Just like we cannot say yang is good and yin is bad. In fact, the positive/negative, right/wrong, moral/immoral are just labels we attach to them based on our culture and value system. So any judgement is relative and subjective.

Besides, the empty is not empty. It is not a vacuum and consists of air which has nitrogen, oxygen, carbon dioxide and other gases. just like what we cannot see doesn't mean it is not there. So we cannot say that air is good or bad. In fact, we cannot live without air for more than 4 minutes while water for a couple of days. So the unseen air or emptiness is in fact more important.

I like to watch the 10am Chinese moral education on channel 8 every Sunday. Today, they discussed that we can learn from everything. They are referring to inanimate object like water. We can learn wisdom from the water. It is soft, gentle and nourishes all living beings. In fact, we can say that only when there is water, there are life. Everything has water (Dr Emoto's water crystal photo show the importance of gratitude to water). Even the hard brick is make out of cement and water. Water is also powerful and can cause disasters which are beyond human's control. Water always flows downwards to the earth and we should be as humble like water and not overwhelmed by our success.

When I saw that someone has regret about something. It just reminded me that I had also attended a congress in 2006 and invested $15000 for a social entrepreneur program and $3,888 for an internet marketing program. I invested $10000 to be a member and was told that the fee was increased from US$500 in 2001 to US$7,000 in 2006. However, I didn't realized that it was a membership with no market or resale value. They still sell new membership at US$7000 or higher but when we want to sell, there is no secondary market and it was not allowed to sell to new member. They set up a local Rep office in Singapore but closed it after a year.

As for the internet marketing, the promise of 2 hour working a day turned out to be a lot more time and effort required and I quitted the program halfway without doing much. I just forfeited the $2000 that I paid in instalment. I never see the guy coming back to Singapore to sell his program again.

Apparently, both program didn't work up well with Singaporean who are busy with their work and family commitment and so can hardly squeezed any more time or effort even for making more money and helping others. During 2006, I understand that majority of Tzuchi and some other charities are run by long term volunteers are Malaysian and other foreigners in Singapore. Not sure if this is still the case now.

Taking the lesson that "we can learn from everything", I think we can learn even more from our past failures and mistakes. Of course I find good value in Dennis course but this is truer after I have learned from my past investment mistakes and I become more appreciative.

If I still bear the "regret" rotten tomatoes, I will discount and label all these seminars moneyminded as they are out to make money from ignorant people and will not even want attend them. Luckily, I joined MMI in Oct last year and have learn more financial knowledge and understand the negative beliefs I previously held against wealth and money. I have learnt that I will not judge others (for convincing me to join their expensive program - willing buyers/sellers and consent adult) and myself (for making ignorant mistakes). The important is to wise up and not to repeat my own and others' mistakes.

Just like in true forgiveness, I forgive others not because I understand moral values, being magnanimous and/or wiser than others. I forgive because I first forgive myself for not being discerning and smart enough. I forgive because I want to let go of my rotten tomatoes. When I forgive, it doesn't mean that I condone the wrong action of the person who harmed me. When I truly understand why people treat me that way and what I have done to them in the past, then I can truly forgive.

If there are still regret and hatred inside of me, my mind will carry on attracting events and people that make me regret. This is the law of attraction. It works both ways attracting and influencing the events that produce positive and negative feelings in us. This is litmus test whether I have truly let go of my regret and forgive. Outside world is just a mirror or reflection of our inner world.

Cheerio
TOny

[Dennis Ng]

When I saw that someone has regret about something. It just reminded me that I had also attended a congress in 2006 and invested $15000 for a social entrepreneur program and $3,888 for an internet marketing program. I invested $10000 to be a member and was told that the fee was increased from US$500 in 2001 to US$7,000 in 2006. However, I didn't realized that it was a membership with no market or resale value. They still sell new membership at US$7000 or higher but when we want to sell, there is no secondary market and it was not allowed to sell to new member. They set up a local Rep office in Singapore but closed it after a year.

Cheerio
TOny

Hi Excalibur,
I just want to ask you, if someone has shared with you Before you paid the S$15,000 for the "social entrepreneur program", would it NOT have helped you avoid making that mistake?

If we fall into a hole that we didn't notice, do we just do nothing? Or will it benefit the society if we then put up some warning signs so that more people will not fall into the same hole and get hurt again?

I think it is a Right thing to do (or do you think there is no such thing as Right or Wrong) for a Civic Minded person to warn others to help them avoid falling into the same hole. If I do nothing, don't know for you, I would not be able to sleep well at night, as I know other people might fall into the same hole becos of me doing nothing about it.

http://rogerhamilton-xl.blogspot.com/

Many people have fallen for this scheme and I'm sure those who have lost precious money and time could possibly have avoided it if someone warned them.

For instance, before the Sunshine Empire thing blew up, I have done my best to warn as many of my clients and friends about it, and many of them were very appreciative becos I have helped them avoided losing Precious Money and Time.

My warning about UK Land Scam in my seminars since May 2009 also helped many people avoided losing money as I suggested them to search for "UK Land Scam" in the internet and see what companies can be found in the internet search results.

For me, I have a simple guideline to what I say and/or do. If it is for the benefit of the society, I would go ahead to say it or do it. If it is to the detriment of the society, I would avoid doing or saying no matter how lucrative the rewards may be for doing so. Using this guideline, it become Crystal Clear to me what to do or not to do.

So go me, anything that benefits the society is the Right thing to do. Anything that detriments the society is the wrong thing to do. What about to you? Again, nothing is Right or Wrong?

[Dennis Ng]

I'm a fellow learner. Below what I posted In Personal Development may help you in your learning journey as well. Even the water experiments by Dr. Masaru Emoto shows that there is such thing as Good and Bad, Right and Wrong, and water knows the answers, which many people may not know yet.

Cheers!

Dennis Ng

http://www.masteryourfinance.com/forum/ ... 384#p18384

Now Quantum Physics are saying almost the same things what Buddha said over 2,500 years ago...

Buddha was the enlightened being, that's why his teachings are beyond Religion, beyond Philosophy, and now seems like even beyond Modern Science....only in recent years that Quantum Physics are starting to make some of the same discoveries as he had made over 2,500 years ago.

*Quantum Physics* The Reality As You Know It Does Not Exist
http://www.youtube.com/watch?v=6fWtBq8u ... re=related

the Illusion of Reality ~ consciousness & quantum theory
http://www.youtube.com/watch?v=CRkDicwj ... re=related

All matter is merely energy condensed to a slow vibration. We are all one consciousness experiencing itself subjectively.

Power of Thought - A Quantum Perspective - By Kent Healy
http://www.youtube.com/watch?v=FeFuc-qF ... re=related

The Good News Buddha shared with us is that we, yes, all of us, can also become enlightened, as the source of everything is Consciousness, and we are all part of this Consciousness, and thus we are all connected...

As I continue to learn, now piece by piece, the jigsaw puzzle seems to be fitting together, and is becoming clearer and clearer to me...

It also help to make sense the results of the Water Experiments by Dr. Masaru Emoto:

According to Water Experiments conducted by Dr. Masaru Emoto, that the 2 most Powerful (Force) Words are Love and Gratitude...

More info about Dr. Masaru Emoto:
http://en.wikipedia.org/wiki/Masaru_Emoto

This may be why Selfless Love and Gratitude are what ALL religions share in common...

What we think, what we say create Vibrations and affect what happens, so we actually create our own lives... becos everything is Energy, and energy creates vibration...

http://www.youtube.com/watch?v=ujQAk9EM ... re=related

[Excalibur]

Hi Dennis

You are right. There are good/bad, right/wrong as depicted in the Yin/Yang in this world and planet earth. I agree that it will definitely help if we provide early warnings or tell-tale signs for people to be alert not to fall into other's mistakes.

In this aspect, I was in unfortunate situation in 2007. I didn't know you or someone else to forewarn me. Also, I am not aware of the lawsuit/class action to get the refund. I am still holding a worthless life member certificate. Like our traditional oriental eastern values that I learnt in family and school, I only blame myself for unlucky in making wrong investment choice.

Previously, when I bought an expired food item from supermarket (or mouldy bread from a bakery) and I will just throw away the food instead of complaining or exchanging for a new item as I think that it is my fault for not checking the expired date. After learning the sales of good act in my Business Laws lecture, I realised that it is the supermarket's fault as they are not supposed to sell expired food and so I should get my consumers' right to exchange for fresh & good food. Nevertheless, if the stores don't sell fresh food, I usually will not buy again.

In Eastern cultural values (be forgiving to others who have harm us), we will consider it is our fault for lack of due diligence and maybe bad kamma and will not pursue or blow out the "small" matter. In western values (I insist my right if someone wrong me using the laws), we will sue and get compensation from the litigation. In this case, what is really the right thing to follow? To forgive or get what I entitled?

When you first started your path to financial freedom, you have no one to learn from except your own failures. Of course, it is definitely great for you now wanting to share your experiences (success/failure) selflessly to benefit those who are new and greenhorn so that they don't make the same mistakes.

However, some people need to go through the trial and errors themselves before they really learn.

In Singapore context, we are being spoon-fed from Primary 1 to University. It will take a lot of efforts for us to re-condition ourselves to learn to fish instead of getting the fish from others. I am very sure you have met many students who just want to get the direct answers without doing any homework. Probably you are upset that they never learnt what you have taught during the seminar. however, It could due to our past habits of being spoon-fed for over 20 or 30 years. Old habit dies hard. It takes time to change and so it is no point getting angry. For them, it may take years before an instant enlightening or rude awakening for them to change. Sometimes, people still cannot change as some leopards never change its spots. e.g. anger is bad but difficult to change if we cannot get rid of our hatredness or forgive our past hurt/harms

As a victim, I think it is largely my fault for not doing due diligence in checking who they really are, not wise enough (sheer naive/ignorant) to understand that membership has no value if there is no secondary market and my greed for thinking that the membership will appreciate even if I do nothing.

Nonetheless, I have learnt from my past mistakes and to be wiser.
1) be careful and do due diligence in making future investment commitment.
2) check the value of a club membership to see if there is a market or dd/ss forces.
3) understand why most social entrepreneur fail. (they didn't switch from charity/social/non-profit to business mindset)
4) realize if you have ulterior motives to profit from people's ignorance, your business will fail
5) learn that if you don't provide good values for your services and goods, your customers will not support you and you will fail
6) Understand that the Yi-ching (yin-yang), character profiling are useless if one doesn't have a systematic action plan for people to follow in order to be successful. I heard from him that sucess is depend on luck and he didn't say how to create this luck. He asked us to create a flow and momentum but I didn't know how to do it as it is just theory. Otherwise, everyone will become rich and successful easily just by reading Warren Buffet's way, Bill Gates & Steve Jobs' autobiograhy, awaken the giant, think and grow rich, the 7 habits of highly effective people and other motivational books.

I am not saying that there is no right/wrong. If we want to be free from the endless cycle of causes/effects and action/reaction, we should strive to go beyond the duality world. Like what Geshe Michael Roach said, if my wife or someone keeps complaining about me, then I must realise my own action and faults on whether I have been criticizing others.

With love and gratitude
TO

Hi Excalibur,
I just want to ask you, if someone has shared with you Before you paid the S$15,000 for the "social entrepreneur program", would it NOT have helped you avoid making that mistake?

If we fall into a hole that we didn't notice, do we just do nothing? Or will it benefit the society if we then put up some warning signs so that more people will not fall into the same hole and get hurt again?

I think it is a Right thing to do (or do you think there is no such thing as Right or Wrong) for a Civic Minded person to warn others to help them avoid falling into the same hole. If I do nothing, don't know for you, I would not be able to sleep well at night, as I know other people might fall into the same hole becos of me doing nothing about it.

http://rogerhamilton-xl.blogspot.com/

Many people have fallen for this scheme and I'm sure those who have lost precious money and time could possibly have avoided it if someone warned them.

For instance, before the Sunshine Empire thing blew up, I have done my best to warn as many of my clients and friends about it, and many of them were very appreciative becos I have helped them avoided losing Precious Money and Time.

My warning about UK Land Scam in my seminars since May 2009 also helped many people avoided losing money as I suggested them to search for "UK Land Scam" in the internet and see what companies can be found in the internet search results.

For me, I have a simple guideline to what I say and/or do. If it is for the benefit of the society, I would go ahead to say it or do it. If it is to the detriment of the society, I would avoid doing or saying no matter how lucrative the rewards may be for doing so. Using this guideline, it become Crystal Clear to me what to do or not to do.

So go me, anything that benefits the society is the Right thing to do. Anything that detriments the society is the wrong thing to do. What about to you? Again, nothing is Right or Wrong?

[Excalibur]

Dear friends interested in being Financial free

I am not here to defend anyone as I feel there is no absolute right or wrong. I just like to share my observation from past practice of cultivation of the mind. If you conceive the world of absolute right and wrong, then you will see a lot of conflicts and arguments. The outside is a reflection of the inside world. If I criticize others, I become the magnets to attract criticisms to me. This is the law of attraction. Many know the theory but mastering and managing it is another matter. i.e. the different between knowing and doing.

I am not sure about how to judge how spiritual or enlightened one can be. For financial or wealth, I think we go by real result. I don't know if which methods will make you more money but I see the results. If this teacher is wealthy, then we should respect his teachings. Maybe the method works for some and him but not others. I find the one that suits me. There is no right or wrong. T Harv Eker had told a financial planner to show his financial networth before asking Harv to have faith and let the planner invest for him. I admire all rich and successful people if I want to be rich. If I condemn any one of them. then this seed of resentment inside me will hinder my path to be rich.

Let me share a story of the scorpion and a man. A man being kind hearted tried to save a scorpion which was about to drown but was stung by it. Next time, the same or another scorpion but was stung again. Then people advised the man don't be stupid to save the ungrateful scorpion. The man replied it is my nature and good intention to save lives despite of the sting. The scorpion replied it is my nature to defend and sting (not knowing if people are going to hurt it). Who is right or wrong?

The simple solution is simple for me. After watching how people catch scorpion, I discovered that if the man can catch the scorpion by the tail, it will not be stung and still save the scorpion. What is the moral of the story?

If I want to help people to get rich, it is a good intention. If it is good intention, then it must have good result. Good cause will definitely need to good effect as described in Liaofan's 4 lessons to his sons. However, one gets an undesirable result, one can do introspection and reflect internally what went wrong. Is my original intention for altruistic or selfless, then my conscience is clear.

however, the law of cause and effect is not so straight forward because of our changing mind. Originally, my intention is good but strayed half-way. when a child a born, the parent cared for him/her selflessly. however, when the child grown up and have different opinions (wants to be a dancer instead of a doctor), we get upset and then to label him/her as disobedient and not filial despite my years of traditional eastern and moral education. Then the selfless love suddenly become conditionally. If you listen to me, then you are filial. (this is just an illustration and not implying the teacher should expect the student must be obedient. I know it is not possible as even your children may not listen to you despite you giving birth, feeding, groom and educate them for 10 or 20 years)

Teaching others to be good is good things but having criticisms from others is another thing. We can lump them together. The former will give good karma because of your good intention. For the latter case of "unwholesome karma", the cause is another thing totally.

Let come back to the cause of inviting criticisms. If one reflects internally, one will realize that I must have been criticizing my father or other seniors. It could be due to past grievances as the father may not have look after the house or even cause financial distress due to drinking, gambling or other vices. If I don't truly forgive and stop hating my father, I will continue to attract hate mails or criticisms. This is my personal experiences. It takes time to truly forgive and the litmus test is when people stopping criticising you.

Another cause is much simpler, if I stop criticising others, then other will do the same. If I forgive others, others will forgive me. Of course, Easier said than done. When I forgive, it is not condoning or agreeing with others "wrong" actions. When I forgive, I first forgive myself because hatred is like rotten tomatoes that I am being carrying for years. Stinking myself and others. I forgive doesn't mean that others are always right and make no mistakes. I forgive because I admit I am also imperfect and have my shortcoming and makes mistakes.

One can only move on and go forward if one can forgive oneself and the harms that others had done to me.

In fact, I don't see any of these disagreements as negative. If they don't surface, it doesn't mean it is not there. We are just ignoring our deep-seated resentment and hatred inside of us. I see them as gifts and presents that help us to grow to be a better person.

with love and gratitude

p/s I typed this without reviewing and please pardon if there is grammatic or spelling mistakes. Also, this is by no means pointing finger at anyone. Just hope that it is an objective observation.

Tony

Disclaimer: Any resemblance of character/incident are purely coincidently. The purpose is to illustrate the point to do self-reflection. The outside world is just a mirror or reflection of my mind or inner world.

The 50/200 day MA taught in the 2.5 hour TA segment of the 2-day Secrets to Making Money in Stocks seminar is only sufficient and suitable for Market Cycle Investing. If you want to learn more about TA, including how to use TA for short term trading, how to set cut loss level other than 50 day cut 200 day MA etc, I've asked Yip Khiong to specially come up with a 2 full-day Secrets to Technical Analysis Seminar.

Details below.

Hi ,zipink

I just started investing , mind sharing on the below statement, what does it mean?what is Fibonacci?
However if based on Fibonacci, should there be a correction, ~1.55 is the level to watch for 38.2% retracement.

Thanks

3. Gratitude is a powerful attitude. It helps to divert our minds away from negativity and instead focus on the good things we already have. It also helps release us from the grip of anger and resentment. Gratitude is about being thankful for the half-full portion, instead of upset about the half-empty. Gratitude helps us to release the past (like releasing the hand brake of a car) so that we can move forward to embrace the new. Gratitude helps to clear away the rotten tomatoes, so that they will not pollute the rest of the fresh fruits in the basket.

[racoon12]

Hi Excalibur

I fully agreed with your statement, and also from my 12 years of experiments. I'll attempted to do my very own prayer every nite to "forgive people that had harm me (in the days, in the past, in the future) and share all the blessing I received with all the beings in this earth (be it my friend, my foe and the misfortune)"

And guess what..... i become less aggressive, more forgiving, had loving family & friends & biz partners.

"The teacher will appear...when the student is ready." Honest sharing I encountered with Dennis since 2009 but was not ready then and loose quite some money, however I come to encounter Dennis this year as the statement reflected.

Sharing of what I read somewhere:

Living in a GRATEFUL World
be grateful to those who have hurt or harmed you - for they have reinforced your determination

be grateful to those who have deceived you - for they hv deepened your insight

be grateful to those who hv hit you - for they hv reduced your karmic obstacles

be grateful to those who hv abandoned you - for they hv taught you to be independent

be grateful to those who hv made you stumble - for they hv strengthened your ability

be grateful to those who hv denounced you - for they hv increased your wisdom and concentration

be grateful to those who hv made you firm & resolute and helped in your ACHIEVEMENT........ CHEERS!

Is the cup half full of water or the cup is half empty????

[Excalibur]

Hi there

About Gratitude and forgiveness
Having Gratitude in life is a great way to live. It sows the seed of kindness and compassion for oneself and others. However, if one's negative seeds still remained latent and deep-seated in our mind, then our gratitude will soon be worn off by such negativities. i.e. resentment, jealousy and animosity.

You can do a simple test, please write down a list of 50 people you are grateful for and another 50 for those whom you hated, resented and were harmed, emotionally hurt, betrayed, reprimanded, punished (regardless who is at fault). I think the latter list are much easily to come to your mind. If you can furnish a long list of your benefactors, then it is good. BTW, have you included your father and mother? What about the mother who give you away, nagged at you or caned until you bleed? What about the father who drank, gambled and beaten your mother? What about the betrayal of your most trusted best friend? Are they in your list of forgiveness and gratitude?

How past trama affect our health
It is human's nature and survival instinct and much easier to remember our past hurt, harms, pains and suffering so that we will not be hurt and harmed again. However, such tramatic experiences can lead and related to compulsive disorders/phobia/allergies - whereby our mind/body's defense system which went out of control and caused irrational behaviours.

Understanding the universal laws
Recently, I just realise many including myself didn't truly understand the law of cause and effect and the universal law of connectedness and oneness. If I truly understand these laws, then I will be in peace all the times and live in harmony with everyone be it friend or foe.

What is Emptiness
Also, I have mistaken thought that those who understand the oneness of the universe understand the concept of "emptiness" and I apologize for my misunderstanding. First of all, emptiness does not equal to Nothingness. Only when one truly understand "emptiness", then one can understand that there is no right/wrong, moral/immoral, good/bad value system. One action that is right, permissible and legal under one culture is a taboo for other cultures. This is what we called culture shock which apply to our value, belief, what we eat and do.

Why some "bad" people succeed
Here is a paragraph taking from Geshe Michael Roach's Karmic Management. Why some "bad" people succeed: There really is a cosmic justice to things, and everyone does get exactly what they deserve. The kind of backflips that reality has to do in order to get everybody exactly what they deserve exactly when they deserve it is all tied up in a concept called "emptiness".

More about Forgiveness
Forgiving is not about the event - injustice, harm or morality per se. It is not between the victim and aggressor. It is not about relationship with the enlightened one, god or buddha. It is really about yourself. It is about : Why do I attract such misfortune? What have I done or forgotten what I did really? There is no one to forgive but yourself. If you cannot remember what you had done in the past, then understand the pains that you suffer and make sure others don't suffer like you. I will not do such things to hurt or harm others. This is true forgiveness.

How wrong view affect our life
Also, I apply what I learned in the seminar, what if I am wrong. This question can apply to our life, thinking, belief not just in investment. A stern belief (I am right, you are wrong) about concepts such as vegetarianism, social justice, capital punishment can become an attachment that may hinder the liberation of our mind and create disharmony with ourselves and others.

Repentance and understanding law of cause and effect
It is human to err and divine to forgive. To admit mistakes is to understand that we are human and it is not meant to disgrace or made one regretful. The German admitted their criminal actions in WWII and moved on. For the other aggressor during WWII who didn't admitted their brutal killing. If one truly understand the universal law of cause and effect, there is no need for us to judge and condemn the committed act. One's conscience will take care of that. Even if one is unrepentant, the law of karma or god (depend on your belief) will take care. So why we are so upset about injustice in our society.

Lesson from mistakes and history
The purpose of history and admitting mistakes is to educate and make us better people so that we will repeat the same mistakes and continue to harm ourselves and others.

with love and gratitude
Tony

真正的宽恕
宽恕与发生的事件无关 - 不是不公正，伤害或道德的问题。不是受害者和加害者之间的问题。也不是与任何开悟者，神或佛的关系的问题。 这其实只是自己的问题。 我必须自省：我为什么感召和吸引这些不幸？我过去做了什么，或忘了我真的做了什么呢？没有人真正需要原谅和被原谅，但你要先原谅自己。 如果你不能记得过去所做的，那么就去理解现在你所受的痛苦，而不要再加注于他人。我不会做这样的事情，伤害自己或伤害他人。这是真正的宽恕。

Hi Excalibur

I fully agreed with your statement, and also from my 12 years of experiments. I'll attempted to do my very own prayer every nite to "forgive people that had harm me (in the days, in the past, in the future) and share all the blessing I received with all the beings in this earth (be it my friend, my foe and the misfortune)"

And guess what..... i become less aggressive, more forgiving, had loving family & friends & biz partners.

"The teacher will appear...when the student is ready." Honest sharing I encountered with Dennis since 2009 but was not ready then and loose quite some money, however I come to encounter Dennis this year as the statement reflected.

Sharing of what I read somewhere:

Living in a GRATEFUL World
be grateful to those who have hurt or harmed you - for they have reinforced your determination

be grateful to those who have deceived you - for they hv deepened your insight

be grateful to those who hv hit you - for they hv reduced your karmic obstacles

be grateful to those who hv abandoned you - for they hv taught you to be independent

be grateful to those who hv made you stumble - for they hv strengthened your ability

be grateful to those who hv denounced you - for they hv increased your wisdom and concentration

be grateful to those who hv made you firm & resolute and helped in your ACHIEVEMENT........ CHEERS!

Is the cup half full of water or the cup is half empty????