Wednesday, June 25, 2014
Tuesday, June 24, 2014
China (2)
The more I think about this, the more it made me to think further ....
If China has to depend on other countries for the commodities, naming copper, alumni, soybean, and especially oil, how could China become the super power as a lot of the big guys crying about? Will the other country be stupid enough to support/supply the necessary resources for China? It is a big question mark.
And, if China is indeed becoming the center of the world, why the heck of those current super rich(es) pull their money/family out of China into the to-be-poor developed countries, like America, Canada, and Europe? Did they know something that any outsiders don't? Another area worth a big question mark.
If China has to depend on other countries for the commodities, naming copper, alumni, soybean, and especially oil, how could China become the super power as a lot of the big guys crying about? Will the other country be stupid enough to support/supply the necessary resources for China? It is a big question mark.
And, if China is indeed becoming the center of the world, why the heck of those current super rich(es) pull their money/family out of China into the to-be-poor developed countries, like America, Canada, and Europe? Did they know something that any outsiders don't? Another area worth a big question mark.
Saturday, June 21, 2014
China?
A lot of hype about China. Everyone is yelling, "After Rome, England, now America, next one will be China!"
Can this really become true?
Cash buying properties, including residential, and enterprises .... for example, bay area houses, AMC, and other companies .... obviously, some of those assets are way over valued ... which locals won't buy especially for the residential houses.
Besides, Chinese people have different ways to acquire wealth, for small group of population, which can be huge due to the base of its population... so the number can be huge!
Where did all those money come from? Its answer will answer the question of "is china the next one?"
Can this really become true?
Cash buying properties, including residential, and enterprises .... for example, bay area houses, AMC, and other companies .... obviously, some of those assets are way over valued ... which locals won't buy especially for the residential houses.
Besides, Chinese people have different ways to acquire wealth, for small group of population, which can be huge due to the base of its population... so the number can be huge!
Where did all those money come from? Its answer will answer the question of "is china the next one?"
Wednesday, June 18, 2014
John T. Reed Face Off with Rich Dad Poor Dad
http://www.johntreed.com/Kiyosaki.html
A number of people asked me about Robert T. Kiyosaki and his book Rich Dad, Poor Dad. When I said I didn’t think he was a real-estate guru, they insisted he was. Several told me I would like him, that he preaches a message like mine. Eager to find such a guru, I bought his book, Rich Dad, Poor Dad, in a bookstore.
Summary
Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred.
Kiyosaki is a salesman and a motivational speaker. He has no financial expertise and won’t disclose his supposed real estate or other investment success.
Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, andvirtually no good advice.
Continue reading here.
Tuesday, June 17, 2014
Monday, June 16, 2014
Colorado Rocky Mountain area
Back from a 9-day trip to Denver area, I could not help but to put down something, which is a very rare thing for me to do even though my family travels quite a lot every year.
Arches and Mesa Verde served their names as two unique landscapes adjacent to Colorado as Utah national parks. Moeb is a little town that has everything for someone to survive a-week's stay if decides to. There was even a full-fledged supermarket next door to the Quality Suits we stayed for 3-nights. As one of the few options available in this town, this suits served pretty decently even though it is only a "3-star" Inn.
Goal was to visit the Rocky Mountain National Park northern part of Colorado state. We actually detoured to Aspen city before heading to Mt Princeton Hot Springs Resort, sitting in the midst of Mt Princeton, one of the many mountains forming the Rocky Mountain group. It turns out to be a nice break after spending first 2-days hiking Arches Double-O Arches, and a day visiting the farming Indian's Cliff Palace, one of many hidden "castle" hidden underneath giant rocks, which location, according to my son, is selected in order to hide away from the more violent hunting-Indian from the north.
As expected, Aspen was expensive, though Molly Gibson Inn was pretty decent with its price tag and the friendliness of the staff at front desk and breakfast room. The Opera house has nothing to show until later this month. But a dip in Elania restaurant cost a huge bill of $168. I was a little regret that is not a good idea compared to the Meatball place right off the playground. Heck, my son picked it and both kids enjoyed their Mushroom Ravioli with each cost $24. At least, they will learn money is a good thing to have.
We arrived Mt Princeton resort late. After dinner, we were able to play a little tennis, then dip ourselves into the historic Bath House. Playing Tennis at this high lands was much harder than back at home. The lack of oxygen level caught all of us in heavy breath only after couple matches between daughter-mom and son-father. The bath house was also open to public with a mere $18 per visit, which was complimentary for resort guests. the 106 Fahrenheit temperature was amazingly soothing. According to the counter boy, the water is all natural, coming straight out of the ground. Though I was a little bit doubtful after spotting quite many plastic containers similar to those for liquid detergent. I didn't dare to question further after the boy told me they were for other purposes.
On the second day, we switched from a 3-queen bed lodge room into a condo sitting alone by itself. Part of the reason for switching is my be-loved daughter insisted to stay at the cabin, even only 1-night was available at the time of booking. The cabin turned out to be a great choice after we returned from the Level III White Water Rafting in the river, according to the guide, that flows into Mississippi River which joins Atlantic Ocean thousand miles away. The little patio was perfect for drying the soaked clothes from the 2-hour river rafting.
Finally, we were set to head to Rocky Mountain national park on the 7th day. Even that, we detoured Boulder, which surprised us with its very nice setting partly due to the presence of University of Colorado Boulder. Out of curiosity, we did a little study on the local real estate. Wow, Boulder is actually a very expensive town with a lot of single family homes having a price tag above 1 million dollars. Who say Silicon Valley is expensive? Check out Boulder, Longmont, and Denver.
One night stay at the Rocky Mountain Park Inn in the historic Estes Park town, we finally headed to the mountain on Saturday, 06/14/2014. Hiking Bear Lake, followed by Emerald Lake was surprisingly "fun" to me. We almost reached the peak (no, not Longs Peak, but pretty close to its altitude), where no more tress can grow, except the melting ice-chunks floating in the lake, where my daughter got her shoes completely wet trying to kick the ice cube in the lake.
Too tired to do any more hiking, all of us drove by the peak of Trail Ridge Road through Rocky Mountain National Park. It was the most spectacular view along the drive. Nothing in other national parks is comparable to this. Mountain peaks, Snow, Valley, and the standing trees, all work together to wow us with their ever fighting harmony.
9-day in the rockies was merely enough to experience them all. But the feeling is strong --- rich natural resources is the fundamental characteristics of Colorado Rocky Mountain area. Coupled with the ever-growing high-tech opportunities, this is one of those areas worth paying a very close attention next couple years.
Last couple notes worth mentioning is the surprisingly good Pizza at Mario Pizza located on highway 133 just off of the black canyon road. The burgers in Mt Princeton resort was good but reasonably priced. I especially liked their Sweet Potato fries!
Arches and Mesa Verde served their names as two unique landscapes adjacent to Colorado as Utah national parks. Moeb is a little town that has everything for someone to survive a-week's stay if decides to. There was even a full-fledged supermarket next door to the Quality Suits we stayed for 3-nights. As one of the few options available in this town, this suits served pretty decently even though it is only a "3-star" Inn.
Goal was to visit the Rocky Mountain National Park northern part of Colorado state. We actually detoured to Aspen city before heading to Mt Princeton Hot Springs Resort, sitting in the midst of Mt Princeton, one of the many mountains forming the Rocky Mountain group. It turns out to be a nice break after spending first 2-days hiking Arches Double-O Arches, and a day visiting the farming Indian's Cliff Palace, one of many hidden "castle" hidden underneath giant rocks, which location, according to my son, is selected in order to hide away from the more violent hunting-Indian from the north.
As expected, Aspen was expensive, though Molly Gibson Inn was pretty decent with its price tag and the friendliness of the staff at front desk and breakfast room. The Opera house has nothing to show until later this month. But a dip in Elania restaurant cost a huge bill of $168. I was a little regret that is not a good idea compared to the Meatball place right off the playground. Heck, my son picked it and both kids enjoyed their Mushroom Ravioli with each cost $24. At least, they will learn money is a good thing to have.
We arrived Mt Princeton resort late. After dinner, we were able to play a little tennis, then dip ourselves into the historic Bath House. Playing Tennis at this high lands was much harder than back at home. The lack of oxygen level caught all of us in heavy breath only after couple matches between daughter-mom and son-father. The bath house was also open to public with a mere $18 per visit, which was complimentary for resort guests. the 106 Fahrenheit temperature was amazingly soothing. According to the counter boy, the water is all natural, coming straight out of the ground. Though I was a little bit doubtful after spotting quite many plastic containers similar to those for liquid detergent. I didn't dare to question further after the boy told me they were for other purposes.
On the second day, we switched from a 3-queen bed lodge room into a condo sitting alone by itself. Part of the reason for switching is my be-loved daughter insisted to stay at the cabin, even only 1-night was available at the time of booking. The cabin turned out to be a great choice after we returned from the Level III White Water Rafting in the river, according to the guide, that flows into Mississippi River which joins Atlantic Ocean thousand miles away. The little patio was perfect for drying the soaked clothes from the 2-hour river rafting.
Finally, we were set to head to Rocky Mountain national park on the 7th day. Even that, we detoured Boulder, which surprised us with its very nice setting partly due to the presence of University of Colorado Boulder. Out of curiosity, we did a little study on the local real estate. Wow, Boulder is actually a very expensive town with a lot of single family homes having a price tag above 1 million dollars. Who say Silicon Valley is expensive? Check out Boulder, Longmont, and Denver.
One night stay at the Rocky Mountain Park Inn in the historic Estes Park town, we finally headed to the mountain on Saturday, 06/14/2014. Hiking Bear Lake, followed by Emerald Lake was surprisingly "fun" to me. We almost reached the peak (no, not Longs Peak, but pretty close to its altitude), where no more tress can grow, except the melting ice-chunks floating in the lake, where my daughter got her shoes completely wet trying to kick the ice cube in the lake.
Too tired to do any more hiking, all of us drove by the peak of Trail Ridge Road through Rocky Mountain National Park. It was the most spectacular view along the drive. Nothing in other national parks is comparable to this. Mountain peaks, Snow, Valley, and the standing trees, all work together to wow us with their ever fighting harmony.
9-day in the rockies was merely enough to experience them all. But the feeling is strong --- rich natural resources is the fundamental characteristics of Colorado Rocky Mountain area. Coupled with the ever-growing high-tech opportunities, this is one of those areas worth paying a very close attention next couple years.
Last couple notes worth mentioning is the surprisingly good Pizza at Mario Pizza located on highway 133 just off of the black canyon road. The burgers in Mt Princeton resort was good but reasonably priced. I especially liked their Sweet Potato fries!
Sunday, June 15, 2014
Thursday, June 5, 2014
Wednesday, June 4, 2014
Monday, June 2, 2014
Subscribe to:
Posts (Atom)