november is soon. bcm is soon. i can do this.

when you need time, time flies. when you're anticipating holidays to hurry come, the minute hand just seems to take hours to move.

i've been busy. well, but very busy. exams on monday. then 12th, 15th 16th. then all done. family's coming on the 18th! cant wait! :) and then i'll be flying back on the 24th. shall use these dates to motivate me.

im really so blessed to have such a great family with supportive parents and the best boyfriend ever who's always there for me by my side, ever so patient, loving and understanding, despite me pushing him away at times and getting so ridiculously easily frustrated and emotional. i love them all very very dearly. Thank you God, for blessing me with such people in my life.

and by the way, im missing my friends back home very much. ): each and every single one of them. vanna, if you're reading this, i know we havent been communicating much, but i think about you every single day and i miss you and love you very much. i hope you're well. and im sorry i'll be missing your 20th ): i especially especially hate it that i always miss your birthday, shihui's (omg esp when its her 21st ): ) and aly's jo's maris's ying's aloy's omg everyone lah. ): this will only be temporary promise. a couple more years.

okay back to reality. back to studies. back to nerd mode. bye.

a better tomorrow.

Dear God,

Thank you so much. You've been incredible. I love you.

Love, Nicole.

i survived week 1. only 15 more to go.

day 1

breakfast with johnson at the secret garden in south perth. eggs royale salmon spinach poached eggs multigrain toast cappuccino. for the price i paid, makes me think about the quantity and wide variety of food i can get at ghim moh.

unpacked. went to school to get textbooks. topped up smartrider (only had 19 cents left). washed bedsheets. changed bedsheet. cleared up my room. took down old stuff. put up new stuff. took a much needed afternoon nap (due to lack of sleep if any at all from midnight flight. i could barely even stay awake to wake kungfu panda 2). dinner. skyped.

the rain/wind/storm today was insane. felt as though the roof was about to collapse any time.

off to bed. tomorrow will be day 2. need to stock up on vitamins and supplements. mass alone for the first time here.

i need to get busy again. i need the routine-ness of uni to start soon. before this homesick feeling kicks in and becomes too overwhelming.

goodnight.

i love skype. thank you God. for technology.

HAPPY 13TH BIRTHDAY SHA :D

i love you. always (:

daddy sent me this interesting read.

Taken from Channel News Asia (on possibility of Singaporeans losing all
their money, when property value go down the drain):


STORY OF PUNE REAL ESTATE 
Once there was a little island country. The land of this country was the 
tiny island itself. The total money in circulation was 2 dollars as there 
were only two pieces of 1 dollar coins circulating around. 

There were 3 citizens living on this island country. A owned the land. B 
and C each owned 1 dollar. 
B decided to purchase the land from A for 1 dollar. So, now A and C own 1 
dollar each while B owned a piece of land that is worth 1 dollar. 
The net asset of the country now = 3 dollars. 

Now C thought that since there is only one piece of land in the country, 
and land is non producible asset, its value must definitely go up. So, he 
borrowed 1 dollar from A, and together with his own 1 dollar, he bought 
the land from B for 2 dollars. 

A has a loan to C of 1 dollar, so his net asset is 1 dollar. 
B sold his land and got 2 dollars, so his net asset is 2 dollars. 
C owned the piece of land worth 2 dollars but with his 1 dollar debt to A, 
his net residual asset is 1 dollar. 
Thus, the net asset of the country = 4 dollars. 

A saw that the land he once owned has risen in value. He regretted having 
sold it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollars 
from B and acquired the land back from C for 3 dollars. The payment is by 
2 dollars cash (which he borrowed) and cancellation of the 1 dollar loan 
to C. As a result, A now owned a piece of land that is worth 3 dollars. 
But since he owed B 2 dollars, his net asset is 1 dollar. 
B loaned 2 dollars to A. So his net asset is 2 dollars. 
C now has the 2 coins. His net asset is also 2 dollars. 
The net asset of the country = 5 dollars. A bubble is building up. 

B saw that the value of land kept rising. He also wanted to own the land. 
So he bought the land from A for 4 dollars. The payment is by borrowing 2 
dollars from C, and cancellation of his 2 dollars loan to A. 
As a result, A has got his debt cleared and he got the 2 coins. His net 
asset is 2 dollars. 
B owned a piece of land that is worth 4 dollars, but since he has a debt 
of 2 dollars with C, his net Asset is 2 dollars. 
C loaned 2 dollars to B, so his net asset is 2 dollars. 
The net asset of the country = 6 dollars; even though, the country has 
only one piece of land and 2 Dollars in circulation. 

Everybody has made money and everybody felt happy and prosperous. 
One day an evil wind blew, and an evil thought came to C’s mind. “Hey, 
what if the land price stop going up, how could B repay my loan. There is 
only 2 dollars in circulation, and, I think after all the land that B owns 
is worth at most only 1 dollar, and no more.” 
A also thought the same way. 
Nobody wanted to buy land anymore. 

So, in the end, A owns the 2 dollar coins, his net asset is 2 dollars. 
B owed C 2 dollars and the land he owned which he thought worth 4 dollars 
is now 1 dollar. So his net asset is only 1 dollar. 
C has a loan of 2 dollars to B. But it is a bad debt. Although his net 
asset is still 2 dollars, his Heart is palpitating. 
The net asset of the country = 3 dollars again. 

So, who has stolen the 3 dollars from the country ? Of course, before the 
bubble burst B thought his land was worth 4 dollars. Actually, right 
before the collapse, the net asset of the country was 6 dollars on paper. 

B’s net asset is still 2 dollars, his heart is palpitating. 

B had no choice but to declare bankruptcy. C as to relinquish his 2 
dollars bad debt to B, but in return he acquired the land which is worth 1 
dollar now. 

A owns the 2 coins, his net asset is 2 dollars.

B is bankrupt, his net asset is 0 dollar. ( he lost everything )

C got no choice but end up with a land worth only 1 dollar 

The net asset of the country = 3 dollars. 

************ **End of the story; BUT ************ ********* ****** 

There is however a redistribution of wealth. 
A is the winner, B is the loser, C is lucky that he is spared. 

A few points worth noting - 

When a bubble is building up, the debt of individuals to one another in a 
country is also building up. 

This story of the island is a closed system whereby there is no other 
country and hence no foreign debt. The worth of the asset can only be 
calculated using the island’s own currency. Hence, there is no net loss. 
An over-damped system is assumed when the bubble burst, meaning the land’s 
value did not go down to below 1 dollar. 

When the bubble burst, the fellow with cash is the winner. The fellows 
having the land or extending loan to others are the losers. The asset 
could shrink or in worst case, they go bankrupt. 

If there is another citizen D either holding a dollar or another piece of 
land but refrains from taking part in the game, he will neither win nor 
lose. But he will see the value of his money or land go up and down like a 
see saw. 

When the bubble was in the growing phase, everybody made money. 
If you are smart and know that you are living in a growing bubble, it is 
worthwhile to borrow money (like A ) and take part in the game. But you 
must know when you should change everything back to cash. 
As in the case of land, the above phenomenon applies to stocks as well. 
The actual worth of land or stocks depend largely on psychology 

DIM SUM WITH THE BOYFRIEND.

dont mind my hair. its in dire straits of a hair cut. dont like this not here not there length. keeps disobediently curling up here and there.

oh holland, how i've missed you.

TASTE PARADISE'S SALTED EGG YOLK CUSTARD PAU IS INFINITY TIMES BETTER. AND SO IS IMPERIAL TREASURES THOUGH IT MAY BE SLIGHTLY ON THE SALTY SIDE.

they should seriously consider opening starbucks outlets in perth.

and then, the boyfriend had to book in. :(

if not we would have gone to dimsum at taste paradise.

oh well.

life is such.

i had a really good meal though (:

time to catch up on my sleep.

HELLO SINGAPORE. GOODBYE EYEBAGS.