Tsucany Golf Club

I played a golf with co-workers today. It has passed more than 4-5 months since my last play. My score is 56-53. It's as usual. First 2 holes are devastating.

Every time I play a golf, I really think I will practice for next time! But I did nothing so far. It may be a time to change my attitude for a golf. I will take a professional golf lesson to change something.

Rock Arts

I saw native american rock arts at Valley of Fire State Park first time. I was really impressed. Certainly it is hard to identify how many years ago that was drawn, but no doubt that was at least hundreds years ago. Such a old and precious rock arts can be seen everywhere. If that was found in Japan, the part of rock with rock arts would be covered by glass case or the rock would be cut and moved to the museum. Here I can see the sign saying vandalism should be reported. That's it?

I borrow rock arts book at the henderson library. I know there are so many rock arts in this country. It's historical and should be preserved, but it's not so rare. That's why rock arts is kept as it is. I know there is the place where I can see many rock arts near Laughlin. I want to go there somewhere!

Market Correction

I watched IBD video. This video summarize the day's market and analyze the daily pick-up stock. I can catch up with the daily stock market and I learned the public company one by one. This video suits me. Because so many stocks are listed in NYSE and NASDAQ. It is hard to pick up several stocks among them. I just know a very few US companies!

I learned one thing. I should not buy stocks in market correction. 3/4 stocks follows downward market trend. All right. I won't buy stocks right now. I keep watching a few stocks and wait and see in a couple of weeks !

Charlie Palmar Hotel

I read the article in Las Vegas Sun that the city of Las Vegas gave the developer of Charlie Palmar Hotel grant to 2 years extension of construction. The developer will wait and see the Las Vegas tourism market in next 2 years. They might extend up to 4 years.

The Charlie Palma hotel was the boutique hotel designed by the famous chef Charlie Palmar, non-gaming hotel with more than 300 rooms. This hotel is expected to give Las Vegas a new type of luxury hotel.

If it's just 2 years extension, it would be ok. That's the matter of time. The worst case is that the developer withdraw and cancel this project. The Smith Center for the performing arts project broke ground last May. The part of Symphony Park project start the construction. If Charlie Palmar hotel project ends up cancel, what would be in front of the performing arts center? The big parking might be added on the performing arts center.

What I learn for investing stock

Most commonly used selling rule is that if your stock fall down to 7-8% below you buy point, you must sell all the stocks. This rule is unbreakable. There are two reasons. The first is to reserve your capital for next chance and the second reason is to keep confidence. If you lose your confidence, you can't control your emotion and it gets hard to make an intelligent decision.

Buy rule is that if stock is going up, you follows the trend. Average down strategy is very dangerous strategy. Average up is OK.

What's important is to have a plan before investing. Otherwise you are trading emotionally.

What is the "intrinsic value"? I saw this word a few years ago, but I am not sure what it means. Is this a company's real value?

Fundamental strategy : Major items are on performance, debt and cash , liquidity.

Fundamental analysis is always necessary. The point is "what is the company's worth?"

Earning growth and sales growth.

View Anthem

I am really impressed with the article "The gift of life" in View Anthem 02-02-10.

Jerry, resident in Henderson, decided to donate his kidney to 63 years old lady who are looking for a donor and the operation was successful.

Why did he decide to donate his organ to somebody? He used to work at the camp for children with muscular dystrophy. He met 17 years old boy there. The boy was old enough to understand the life expectancy when he has muscular dystrophy was around 21 years. He did a lot of talking with Jerry. He told Jerry how much he wanted to go to school, have a job and start a family... He passed away while Jerry could do nothing to him. Since then, that experience stuck with Jerry.

When Jerry knew the 63 years old lady was looking for the donor, he thought if he had an opportunity to help somebody, why not?

He is really really brave. I believe I can donate my kidney to my family but I can't do the same thing to other people. I can't take my heath risk to help somebody before my lovely children grows up. This story makes me appreciate how happy we are now thanks to everyone and I am willing to help somebody as much as I can from now.

From iphone