Goals for 2010

E-Prep Course

I have already started on my E-Prep course conducted by Nanyang Technological University on Business Finance and made some progress:
Chapter 1 - An Overview of Financial Management (Completed)
Chapter 2 - Time Value of Money (Completed)
Chapter 3 - Financial Statements, Cash Flow and Taxes
Chapter 4 - Analysis of Financial Statements
Chapter 5 - Financial Markets and Institutions
Supposed to finish the module within 3 months and so far 2 weeks have passed, thus it's going at a relatively fast pace:)

Driving

Must obtain my driving licence before August, managed to clear all the theory tests and all that's left is the practical part.

Temporary Job

I must make a decision on which job I am going to take up after my ORD; my priority is to gain relevant experience in Banking & Finance and currently I have four options to choose from. One of them may offer the experience but I will not put my hopes too high and instead opt for the better-paying ones in case if things don't work out as well as I have expected.

Investment Analysis & Portfolio Management

Being a defensive investor, I have allocated a substantial percentage of my net worth in Singapore equities after my analysis has shown that the stock is trading at a discount from it's intrinsic value. In addition, I am psychologically prepared in the event that the market price of my holdings has declined on a temporary basis. One should never be forced to sell. Thinking of branching out into other assets to diversify away the risk after receiving income from the temp job(s).

Youth Investor Stock Challenge

A competition organised by OCBC Securities and SIAS which I have taken part and will commence at mid January. Due to the short time frame, a value approach based on fundamental analysis may produce limited results in the short term and therefore I am 'forced' to pick up some technical analysis tools. Guess I will be looking at more and more charts...

Fitness

It's important to be proactive and maintain a healthy lifestyle after NS, otherwise it's really easy to gain all the weight back in just a few months. Morning run everyday and gym sessions on every Monday, Wednesday and Friday. Will consider picking up another new sport if time permits, perhaps tennis or golf.

Organisation

It's certainly a positive sign that several of my buddies share similar interests with me, it would be great if we can work together and conduct some insightful research. Besides that each of us can also have our own specialisation - equities, bonds, real estate and options trading. Leveraging on each other's knowledge can definitely achieve synergy:)

I must, and I will achieve all these goals in 2010.