What the Health (2017)

A documentary worth your time to watch to uncover the secret of the largest health organizations in America. How the system has become a juggernaut in providing the consumer with information on what they believe to be in the best interest of the people. Kip Anderson does a great job providing medical reports and interviews from licensed doctors on the subject of health and food.

The video reminds me of all the great debate I had while I was in college. Our professors would always show at least one controversial documentary on a subject and the whole class will dive head first into the subject and learned the dirty truth of an industry or organization. This documentary definitely brings the audience into a new world on how our consumption is affecting the environment.

Would love to hear your thoughts on the matter.

Budget Traveling, My Big Mistake


Hello readers,

How important is it to set a budget in life? The answer varies among people, but from experience, so far on this green earth, it is essential to financial planning. My recent travels to Europe really showed me the importance of setting a budget when traveling. If you don’t set aside a budget you will aimless spend more than you expect similar to a ship sailing with no destination.

During the trip, I just went ahead and charged all expenses on my credit card (credit card charges an international fee for currency conversion more about it later) not aware how much I spent on the trip. It was 12 days traveling journey throughout Europe and although I went well over my budget I know it was worth every penny.

The people, the food, the culture, and the chance to broaden my horizon and gave me the chance to grow mentally, physically, and spiritually. I find that priceless compare to the money I spent on this trip.

Initial Budget planning:
Budget: $1,700.00
Date of Travel: 12 days
Destination:  Ibiza, Barcelona, Brussels, Amsterdam, and London.


Actual Expense: $3,400.00

Key Points Learned from Traveling:

Set a budget – having a budget set the right tempo for the trip and set boundaries.

Plan ahead – planning to go to an events/activities will allow to buy pre sale tickets or swoop on cheaper deals instead of waiting until the last minute to buy an expensive ticket.

Look into Traveling credit cards -I was constantly charged international transaction fees which can be avoided by using the right credit card.

Always set sight to your next destination – learning what I did wrong and right makes me want to start planning my next adventure. Set a goal and do my best to achieve my budget goal.

A Brand New Mercedes delivery on Door Dash

I went to dinner last night with my cousin because my landlord parents are in town so we don’t have access to the kitchen. I mean we do, but it feels weird to cook while they are watching us. We went to go get Korean food, and chat about random topics. One topic that struck me was a door dash delivery experience he had. My cousin works at Target, and he was on break outside the store. He saw his co-worker sitting on the famous Target red bench chair outside, he casually walked over and ask him what he was doing. He said, “I just bought food on Door Dash and now I am waiting for the guy to arrive, he should be any minute now”.

Long behold, the car arrives. My impression of a car delivering food is an old Honda or Corolla, something fuel efficient (to maximize your income). However, this was not the case. A brand new Mercedes Benz pulled up to drop off the order.  My cousin, who is a college student, couldn’t’ understand the logic of what took place. My cousin colleague didn’t care or notice; he just went up the car said thank you and went about his business.

I work in corporate America and I can’t even afford a Mercedes Benz, I mean I could but I like to live below my means. I save my money so I can invest it in dividend stocks or real estate.

What kind of economy allows someone to buy a new Mercedes Benz, and use it to deliver food? I read articles, and the average door dasher makes is about $25/hour working full time. This $25/hour doesn’t take into account taxes, which will probably bring it down to $16-19/hour.

On a last note, this story takes place in one of the most expensive place to live San Jose, CA (San Francisco Bay Area). Median home prices just pass the 1 million dollar mark. Here is an article last year from Business Insider; it is probably more expensive today.

Have you heard of any bizarre story similar to this, are we in a bubble?

July 2016 Cash flow

Hello Comrades!

The battle to financial independent requires astute control of your finances.untitled

For the battle of July, I got a raise from work!!! You will see it on my next month cash flow!

Join a kung-fu school and bought a new laptop labeled under Personal Care:

  • Kung Fu School: $517.66 (shoe, pant, and a shirt)
  • Bought a new Laptop: $871.91

Sister graduated from Optometry school so we went out to dinner, I paid for 1/3 of dinner.

  • Restaurant: $226.63 (Lobsters are not cheap for 18 people) J

What are your finances looking like this month, share the tales!

 

The Founding of NetApp

Wow, pick up this book if you get a chance: How to Castrate a Bull by one of NetApp founder Dave Hitz.

This book share in depth the process of how a startup is form, and what it goes through when it become a billion dollar public company. Below are my notes I scribbled down, let me know if I need to clarify anything. Be warn: I didn’t know proofread this. ^_^

 

Chapter 5: Values and Culture

-Creating values and cultures for the company, one employee shots out how will the company use it on the employees

-NET-created fake sales order, which led to firing CEO, CFO, and head of sales. Layoff ⅓ of the company workforce, SEC investigation, and a lawsuit from shareholders. All becuase there was not value or culture place.  

-What kind of company that he hoped NetApp will become? Not jsut feelings but what will we get done (enron had a list of values but it doens’t mean anything if they don’t believe in it).

-company culture should change as the company grow similar to a baby who drools, stumble trying to walk; adorable. However, imagine a 17 years old doing it; as with growth things have to adapt but as long as you follow your core values

-values protect employees from their leaders (management) NetApp lost a big to Auspex becuase they were honest about delivery a feature that will take more than 1 year to complete while Auspex said they can do it less than a year; which was a lie

-Trust but verify- employees traveling on business trips “use common sense” micro managing this could slow down productivity, have minor fraud for higher productivity catch it early.

If you are the presentor for a meeting, it is highly recommended you use your conclusion on the first slide; get your point straight across. This will immediately engage in conversations, instead of showing your team a whole presentation while their minds are disagreeing with you already.

11/28/2016  Food for Thoughts

Management philosophy: After a meeting ask people how candid people were on a scale of 1- 5, with 1 being bad and 5 being good.

-Let the team know it is important to me (don’t ask for details).

Public Speaking:

-Feeling – what kind of feeling do you want to have after your presentation?

-Action – What kind of action should they have after my presentation?

-Content – Which data will make them act or feel?

Addressing Bad News:

-Pain – laid off

– Acceptance- facts leading to the decision

Parallel Structure:

Connect senior engineers to senior managers (help them sync and understand technology and management).

Quote: “Features that matter most to customers aren’t the most exciting to develop nor design”.

“Focus on customers, not technology”

“Never underestimate the power of a clearly written proposal”, it gies confident and  

            purpose.

“Got a class assignment and rushed home to finish it” equal Passion. Got a C in psyic, no

Passion.

Identify a problem that people are willing to spend money to solve.

Comparison:  Getting a law or MBA is the same risk and reward as doing a startup. There are no guarantee in job or success, just an increase in probability.

Product Development: ship early, listen carefully, and react quickly.

-Eat your own dog food, use your own products/services in your organization to get customer perspective of your products/services

-Coffee makers in hotel, client doesn’t want to check every coffee maker in the hotel, they want a system to inform them when the coffee maker is broker and needs a replacement.

Growth: During growth phase, there are no time to build process. You are growing so fast teh process you build today will be outdate the next day. I.E) 500 employees process to 1000 employees, we cannot use the 500 employees process.

-Hypergrowth- eveything is always broken, fix major issues, and let the small one go

-system for 10 million revenue, cannot work for 100 million revenue

Oracle vs Ingres

-Oracle double it salesforce no matter what and came out the winner

-Ingress went in only 50% so they achieve 50% result; 50% increase in salesforce only.

-5% investment in IT to save money, however that 5% could hinder the company ability to grow by 10% more. Therefore, invest the 10% in IT to achieve 10+ in growth.

Risk Assessment:

-Don’t listen to the news before doing business planning. Media portray bad risk assessment. IE) shark attack accounts for less than 130 deaths per 13 million (.01%), compared to auto accident which is 40,000/year. Shark makes headline while auto accident doesn’t, it is all about sellign newspaper.

-Don’t go to the grocery store when you are hungry, you will buy everything. Similar to risk, don’t do if after reading something related to your topic.

April 2016 Cash flow

Hello Comrades!

untitled

The battle to financial independent requires astute control of your finances.

For the battle of April, hooray!!!! This is the first time I have a positive cash flow!!!

  • Cash flow: $325.10

The bars is the leading cause to my piggy bank, being in my mid 20s and single is dangerous.

 

What are your finances looking like this month, share the tales!

 

YTD Profit and Loss in the Stock Trade

Hello Comrades,

Here is my 2016 Profit/Loss Statement. Here are my highlights about what I did right and wrong, still working on improving my system.

  • I didn’t have a plan, I had an idea about how to invest my money but I didn’t have a checklist.
  • My long term holdings were the most profitable, may I should focus more on long term.
  • Some stocks I sold to early, I need to develop a entry and exit strategy. Check our Southwest, they are trading higher and I miss all that profit.

Will write more but I just wanted to share, as you can tell I am not big on writing. I like to show more numbers.

The year is not over, I am going to end strong. Will update in December!!!

How is the stock market treating you?

profit

October 2016 Cash flow

Hello Comrades!untitled

The battle to financial independent requires astute control on your finances.

For the month of October, I had a negative cash flow due to my new investment in McCormick and New York Water Company stock purchase plan.

Highlights on my cash flow statement:

  • Interest Income came from saving account J
  • $500 went to a Stock Plan Purchase for McCormick, people need spices for their food so this hold will be forever. Plus, I will contribute $50/monthly.
  • Investment of $500 went to New York Water Company, everyone needs water and they give 5% discount on all dividends that are reinvested.

Restaurant and auto/transport skyrocketed this month because I went to Las Vegas, got a little crazy. Here are the costs of Las Vegas:

  • Restaurant (booze, bottle service, and food) – $549.71
  • Auto/Transport (Uber, Lyft, and Taxi) – $88.28

We would love to show pictures but we don’t think that is a good idea.

How are your guy’s expenses for the month?

September 2016 Cash flow

Hello Comrades!

The battle to financial independent requires astute control on your finances.

For the month of September, I had a negative cash flow due to the foluntitledlowing.

  • Increase my contribution to my 401k at work to 50% of my salary, so my paycheck took a dive L
  • Spontaneous trip to Vegas, pool party bottle service(restaurant) $237.50, and transportation with hotel (personal care): $124.60

Restaurant and auto/transport skyrocketed this month because I went to Las Vegas, got a little crazy. Here are the costs:

  • Restaurant (booze, bottle service, and food) – $549.71
  • Auto/Transport (Uber, Lyft, and Taxi) – $88.28

Started an H&R Tax class to learn more about taxes to better my strategy against taxes:

  • Business Service $162.04

Student loans require me to start making payments, so I am making the smallest amount possible. Two reasons why I am prolonging my student loans: 1. Deduction against my gross income. 2. I can invest my money I would have use to pay my student loan to get a better ROI.

 

August 2016 Cash flow

Hello Comrades!

The battle to financial independent requires astute control of your finances.untitled

For the battle of July, I got a raise from work!!! You will see it on my next month cash flow!

Join a kung-fu school and bought a new laptop labeled under Personal Care:

  • Kung Fu School: $517.66 (shoe, pant, and a shirt)
  • Bought a new Laptop: $871.91

Sister graduated from Optometry school so we went out to dinner, I paid for 1/3 of dinner.

  • Restaurant: $226.63 (Lobsters are not cheap for 18 people) J

What are your finances looking like this month, share the tales!