Wednesday, February 18, 2015
Spring Cleaning.........Welcoming Goat Year
Aha.........the good news is I have finally done spring cleaning my house. When I was young, I remembered we all would gathered at grandma house turning her house upside down to make it sparkling clean. We would repaired leaked roof and repainted the gate. Then welcomed a new year.
During those days, it were really special occasions that we get to eat chicken and receiving red packets.
During those days, red packets were more symbolic gesture of love than money.
The situation is quite different nowadays - the tradition is either disappeared fast or hard laborers of love replaced by maids......sigh.......The situation has also changed due to much smaller family size. In my case, I ended up doing most of the works(without maids).
I finally reached the last and my favorite place today -- my store....it's a place that we tend to throwing in our stuffs or keeping our stuffs promise to deal with it. It's kind of writing IOU. Unfortunately we usually default on our IOU - don't make good on our promises. I finally resolute to make good of my spring cleaning.
I found there were many things that obsoleted, I mean technologically....So I finally made up my minds to get rid of the ADSL modems as we had transitioned to Unifi. I found copies and copies of old annual reports and also warranty cards that more than 5 years old. Sorry, those were also finally ended up in a big rubbish bag.
I also had something I really wanted to keep such as this old mobile phone which is more than 17 years old.....Not too sure it will worth a lot of money if I keep it for another 17 years old.
I also have a prized 17" Macbook Pro that was 12 years old. The screen was not in working conditions but it was still one of those stuffs that I wish keep.
Fortunately for me this year, when come to investment portfolio, I don't have to work very hard. It looks pretty clean because most of them are in cash or really long term investment that I don't intend to sell even during the next bear markets. Despite of high cash position, I still have no intention to re-balance it by moving some of cash to equities or other assets. It is not so fun though seeing strong markets rebound from sharply oversold markets in December 2014. I keep reminding myself everyday that it is better to have lower return from risk free investment than making a negative return by making wrong moves at the wrong time.
Wishing everyone a happy Chinese New Year. May the year of goat brings lots of good lucks, good health and good fortunes.
Posted by Turtleinvestor at 10:51 PM