Recent Done Trades

Sell Hankore @ 0.05

Entry price 0.04 X 12,000 on 17.03 - $480

Exit price 0.05 X 12,000 on 16.09 - $600

Capital gain 20%, $600 – $480 = $120

Transaction cost: $26.99 + $27.06 = $54.05 – 11.2%

Realized gain: $120 – $54.05 = $65.95 - 13% in 6 months

Reason to sell:

·         Company still in debt current liabilities more than current asset, a negative net current liabilities of RMB 133,593,000.

·         0.05 is the highest price within the past 6 months.

Sell HockLianSeng@0.265

Entry price 0.31 X 5,000 on 27.01 - $1,550

Exit price 0.265 X 5,000 on 21.09 - $1,325

Capital loss 14.5%, $1,550 - $1,325 = $225

Dividend Received: $81.25 – yield 5.2%

Transaction Cost: $27.54 + $27.43 = $54.97 - 3.5%

Realized loss: $225 + $54.97 - $81.25 = $198.72 – -12.8% in 8 months

Reason to sell:

·         No new projects/Contracts awarded since I entered this trade.

·         Low trading volume, not spot by institutional investors & analysts.

Hu Li Yang(胡立阳)’s Talk

Finally I got the chance to listen to Hu Li Yang’s talk at the Shares Investment Conference 2011(《股市资讯》2011年投资研讨峰会) held on last Saturday (17.09) at Raffles City.

Below were the main picks from his talk (definite a very useful trade rules to follow):

1.     Cut loss rule

·         Drop 7% in one day

·         Drop 10% in two days

·         Price continues declining for three days

·         Four out of five days price is going downwards

2.     To realize/protect capital gain rule

A simple rule to follow always set 90% of current price as the selling off point.

3.     Best & Worst trading month(s)

Best month(s) – Nov, Dec, Jan

Worst month(s) – Aug, Sep

4.     Double Resistance – when recovering from the bear market

When stock has doubled from the lowest point, it will face resistance.

E.g. S&P500 – bottom was about 700 points in mar’09, the resistance level will be 1,400 points.

5.     Correction & Support level

Once market correction is reached15-20% from the peak it will have a strong support level.

Same for upwards market it will also have some adjustments/pull-backs once moving up more than 15-20%. E.g. S&P500 - peak was about 1,370 so the support level is about 1,100 to 1,160 range.

6.     Moving Average

To use 10 days & 10 weeks (50 days) MA line to identify short/long term trends.

7.     Technical Analysis (FA) is more applicable to general investor

Our capital (bullet) is limited - have limited time & trade.

Fundamental Analysis (FA) is more favorable to Buffet (with large capital and are also able to hold it for long term).

What I have achieved so far.

Just received my RES exam results on 1st Sep, managed to clear these two papers on my 2nd sitting.

In Summary I have cleared below papers covered in different areas for this year:

1. CMFAS module 5;
2. CFP module 4 & 5;
3. Certificate in Business Skills for Start-up from RP;
4. RES exam Paper 1 & 2.

My next challenge will be ACCA Diploma in Accounting & Business as well as CMFAS module 9 (which I failed twice).

Life is short we have to continue moving on and upgrading ourselves. Cheers!

Further fine tuned method for investing in REITs.

I have further fine tuned my REITs selection criterias as the follows, and I also used First REIT 2Q 2011 financial result as an example to illustrate:

Criteria #1: REIT Price Undervalued (current price < NAV)  
my entry point 76.5 cents < NAV 77.8 cents

Criteria #2: High Dividend Yield (> 6%)
base on 2Q11 data the projected annual Dividend Yield is around 8.3%

Criteria #3:  Low Debt/Property Value Ratio (< 30%)
base on 2Q11 data the Debt/Property Value ratio is about 24%

Criteria #4: High Interest Coverage Ratio (> 10)
about 15 for First REIT

Criteria #5: Short Term Debt / Total Debt (< 30%)
18.7% for first REIT

=============================================

Optional Criteria #1: High NPI Yield (>95%)
NPI / Total Revenue = 98%

Optional Criteria #2: Management Fee / Net Property Income - reasonable
9.8%

Optional Criteria #3: Management Fee / Property Value - reasonable
0.22%

If I bought these stocks.

I have mentioned some good buy sign of US stocks in my previous blogs, I summarize it as below:

19.10.2011 - AMED, AFAM
21.10.2010 - AAPL
31.10.2010 - LANC, PTI

Now let's do a simple assumption if I have SGD$10,000 and I bought $2,000 on each stock and hold it upto today what will happen?

Date	Stks	Invest SGD	Invest USD	Price (bought)	No. of Shares	Price (current)	Amt (USD)	Amt (SGD)
19.10.11	AMED	$2,000	$1,538	$25	61.54	$26	$1,600	$1,941
19.10.11	AFAM	$2,000	$1,538	$31	49.63	$25	$1,241	$1,505
21.10.11	AAPL	$2,000	$1,538	$316	4.87	$387	$1,884	$2,286
31.10.11	LANC	$2,000	$1,538	$50	30.77	$63	$1,938	$2,352
31.10.11	PTI	$2,000	$1,550	$21	73.83	$15	$1,107	$1,344
Total		$10,000	$7,704				$7,771	$9,427

We can noticed that in US dollar term no gain no lost, but if we take into consideration of SGD appreciated about 6% during that period eventually I have encountered a capital lost of $600.

In conclusion my stock picking method have to be further fine tuned and if we want to invest into US stock market we must be aware of the potential currency exchange rate risk.

An offer in-hand

16.06.2011 was a remarkable day for me, after waiting for the excited news close to two weeks in the late afternoon I received a call from my recruitment agent. The final approval processes have been completed (with 5 levels of approval). A job offer has been granted to me and I will start work on next Tuesday.

After 15 weeks persistence hard-working job searching journey, stayed 25 days at home without a job, sending out 126 sets of resumes, attended total 11 round of interviews from 8 different companies; finally I grabbed an good job offer from a US base Fortune 500 MNC with annual remunation increment more than 20%.

Hope I can settle down quickly and be adjusted to the new environment as soon as possible.

Life is such an amazing thing as we never know what will happen to you tomorrow.

But I always believe that God will reward those people who continues working hard, willing to put in efforts, never easily give up and alway moving forward toward your personal goals.

A story about Anna Mary Robertson

Anna was a young farm girl who loved to paint. He dream was to become a world famous painter. Alas, her parents told her that she would starve as a painter and she should forget her stupid dream. She was told that her role in life was to marry a good husband, look after the farm and raise children.

Being the obedient girl that she was, Anna put aside her dreams and started a family in her teens. She had 10 children by her 20s, had grandchildren in her 40s and was a great grandmother in her 60s. By the age of 75, after her husband died and her children had grown up, she became too old to work on the farm. So, she decided to fulfill her childhood dream of becoming a painter. She went to the town's art store and bought brushes, paints and canvases and started painting in front of her barn. She self studied and painted 'Primitive American Landscape' and sold her first painting at age 77. She became affectionately known as Grandma Moses.

By age 79, her paintings were showcased in the Museum of  Modern Art (New York). During the 1950s, her exhibitions were so popular that they broke attendance records all over the world. The National Association of House Dress Manufacturers honored her as their 1951Woman of the Year. At age 88, Mademoiselle magazine named Grandma Moses a "Young Woman of the Year". Philadelphia's Moore College of Art awarded her its first honorary doctorate degree.

In the last 10 years of her life, her paintings were selling for $100,000 each. She had painted 3,600 pieces in the last 20 years. She made more money in a year than in an entire lifetime working on the farm!

In November 2006, her work Sugaring Off (1943), became her highest selling work at US $1.2 million. It is estimated that If she had starting painting in her teens, she would have become one of the richest women in America!

So never give up your dreams!

17 more days to go.

Time flies, only left 17 days with my current employment. I will become a jobless man on 26^th May. I have attended 3 interviews last week. After gone through the interview processes, I realized that there are a lot of areas can be further improved. In the other words, if I have done my homework thoroughly, I can do it better during the interview, eventually secure the jobs.

Now only one thing I can is wait and continue looking for other opportunities, further fine tune my resume, preparing interview Q&A beforehand.

I just celebrated Mother’s day with my mum one day ago. May true loves & cares from my families always inspiring me to overcome the obstacles and enabling me to move on toward my destination.

Cheers up!

Pass CFP module 4 & 5 exams!

Latest Examination Results Released
Module	Module Description	Examination Description	Examination Date	Result
4	Module 4 - Investment Planning	AFP/AWP/CFP Education Program - Module 4	Sunday, March 27, 2011	Pass
5	Module 5 - Retirement Planning	AFP/AWP/CFP Education Program - Module 5	Sunday, March 20, 2011	Pass

Just checked FPAS website I have passed Module 4 - Investment Planning & Module 5 - Retirement Planning in my 1st sitting.

Now I am qualified to obtain my professional designation as Associate Wealth Planner (AWP). So many things happened since last year December (pass Module 1 exam), anyway it’s definite regards as a good motivations to cheer me up and enable me keep on moving forward.

Weekly Goals (18th Apr - 24th Apr)

Wonderful Monday again, it's time to review my last week performance as well as setting new goals for the new coming week.

Last week goals:

1. To fine tune my resume – done
2. To finish my interview questionnaire – pending
3. To send out at least 5 job applications – I applied 7 jobs
4. To register for RES course – done
5. To declare income tax for my hubby & myself – done
6. To finish my pending business plan – done
7. To read shipping related topics at least one topic per day – done

New Goals for this week:

1. To finish my interview questionnaire
2. To send out at least 10 job applications
3. To register ACCA exam for my hubby

I will stop this process untill I have found a good job.

Set Weekly Goals

Successful person always like to set goals and try their level best to achieve the goals. Even they faced some obstacles or failures during their journey, but they never give up and always stand up again and move on towards their final destination.

Life is short, stop wasting your time!

I decided to start setting weekly goals in the beginning of every week and review my results in the weekend. All my goals must be objective, measurable, and achievable.

1. To fine tune my resume
2. To finish my interview questionnaire
3. To send out at least 5 job application
4. To register for RES course
5. To declare income tax for my hubby & myself
6. To finish my pending business plan
7. To read shipping related topics at least one topic per day

用怎样的态度来面对失业

恢复自信。列出你曾经取得的成就，帮助你认识到你对原先雇主做出的贡献和你的价值，激发你的自我认同。要让你自己相信，雇主让你离职是一个非常愚蠢的决定，你一定会取得更好的职位和更好的业绩，让他后悔莫及。恢复你的自信心，是走出失业困扰的第一步。

学会倾诉。将你心中的愤怒和抱怨以及恐惧等不良情绪，向你信任的家人或密友倾诉，体会他们对你的尊重和关心也可以减轻你心中的自责和无助的感觉。

进行你喜欢的运动，如跑步、游泳或骑车。这样，可以避免因困惑、自责等不良情绪而导致的沮丧、乏力或其他健康问题。

让自己忙起来。集中你的精力专注于为新职位作准备，这样你就不会觉得那么害怕了。或者做其它一些你喜欢的事情，对于一些心理承受能力差的人，这可能是个更好的主意。

慎选新职位。恐惧和经济上的窘迫可能会迫使你接受一份你并不喜欢的新工作，这样非常容易造成你在新职位上的失败。你要申请那些适合你，你并有能力适应的工作，不要匆忙接受你得到的第一份工作。


Site Note:

自己到底适合做什么，目标是什么，人生的目标是什么？

很多事情就是这样，你所理想的往往和现实都存在一定的差距，要正确面对现实，随着个人日益的不断的进步，见的世面多了、工作的经验丰富了，要求也自然的提高了。

生活是残酷的，所有的梦想都必须用现实来说话，正确面对社会，面对自己，要对自己对家人负责人！

One month has past since I tendered my resignation from my current job.

David you must find a job by the end of May, cheers!

Sold my holding of Best World International

Today I sold all my holding of Best World International @0.26 after about 3 months holding due to my short term financial commitment as well as no clear sign of future capital gain on this counter.

Overall base on my entry price 0.285 and exit price 0.26 after minus transaction cost I have encountered about 12.4% realised lost.

I think I am still not good enough to control my emotion and am too eager to entry into the market. As Mr. Buffet always mentioned we should limit our trades and only focus on high chances of success investment (margin of safety + fundamental strong financial results + wonderful management) then watch it carefully and hold it for long term.

My mistakes on China Gaoxian

China Gaoxian plunged 24% (from 0.25 to 0.19) on a whopping 140m shares changed hand on March 21. In the late evening the company requested for a trading halt, which was called shortly after the company received a request from the SGX about the unusual trading activity. 

From the sharp price decline the natural assumption is that there must be some issues which could be price sensitive that some participants in the market know but which has not been made public to all investors. 

In summary I have several trading mistakes on this counter:

(1)   Entered at wrong timing: I entered on 26^th Jan @0.34 after the stock has plunged from 0.41 to 0.335 (abt 22% drop) within one day and I thought that was a good opportunity to get a bargain.
(2)   Not follow my cut lost rule: when the stock price drop to 0.27 on 16^th Feb which already met my 20% cut lost point but I am still hoping this counter will perform well after the full year results to be released by the end of Feb.

(3)   Buy additional lots when stock is in down trend: I doubled my holding during Japan earth quake & radiation crisis on 17^th Mar @0.225 the averaged down my entry price to 0.285.

(4)   Not exit the market when lost is minimized: on 18^th Mar there is a chance I can sell this counter @0.26 and minimize my total lost to less than 10%. But I am still hoping it will go up further.

(5)   Not cut lost immediately during market panic: on 21^st Mar afternoon when the stock declined to 0.22 (abt 23% lost) I am not cut lost immediately until the stock price finally went down to 0.19 (abt 33% lost).

Trades done on 17.03.2011

I made below trades today:

5 lots of China Gaoxian @0.225
6 lots of China Taisan @0.145
12 lots of Bio-Treat @0.04

Now my averaged entry price for China Gaoxian was 0.285, for China Taisan was 0.165.

For Bio-Treat since even only 0.5 cent movement will be resulted abt 12% profit and I am willing to speculate on this counter.

China TaiSan 2010 financial result

Finally, China TaiSan result was released on 28th Feb.

I summarized my key findings here:

(1)   Revenue up 63.0% yoy

(2)   Net profit up 136.3% yoy

(3)   Gross Profit Margin 26.4% and Net Profit Margin 18.6%

(4)   ROE 20.5%

(5)   Cash or cash equivalents abt 12.77 cents

(6)   NAV increased 109.5% to 21.63 cents

(7)   Earning per share 4.95 cents – base on entry price 18 cents P/E ratio 3.64

(8)   Dividend pay out 0.67 cents per share – base on entry price 18 cents 3.7% dividend yield.

China Gaoxian 2010 financial result

Just noticed that SGX website has updated with China Gaoxian 2010 full year financial result.

Summarized some key findings here:

      (1)  Full year revenue increased 6.7%.

      (2) Gross margin maintained at 30.5% compared with 31.8% in 2009.

      (3) Maintained its net profit margin at 21.1% in 2010, similar to that of 22.6% in 2009.

      (4) Net cash inflows from operating activities of RMB757.3 million as compared to RMB317.8 million last year.

      (5)  Full year earning per share abt 5.47 cents – base on current stock price 26 cents work out P/E ratio 4.75.

      (6)  NAV increased 28% to 22.74 cents.

      (7)  Cash or cash equivalent increased 77% to 14 cents per share.

      (8)  Quick ratio: 3.25, Debit / Asset ratio: 0.23.

      Entry price 34.05 cents - projected P/E ratio 6.22 (base on 2010 EPS 5.47 cents).

      If we estimate its EPS just maintained at 5.47 cents per share in 2011 and a reasonable P/E ratio of 8 (current industrial average was 12) the fair value of the stock price should be 43.76 cents.

Anyway in stock market there are no such thing called "reasonable" and I should not expect market to behave in a rational way.

Best World International (BWL) 2010 financial result highlights

On 22^nd another one of my holding counter BWL also released its full 2010 financial result.

Entry point: 29.05 cents

Current price: 27 cents – down abt 7.1%

Dividend pay out announced: 1 cent per share

Dividend yield: 3.44%

Base on the result released, I am a bit concerned about this counter.

Summarized some important findings here:

(1)   Revenue decreased 32% from 73M to 49.5M.

(2)   Net profit decreased 78% from 9.7M to 2.1M.

(3)   Net profit margin decreased from 13.3% to 4.9%.

(4)   Earning per share decreased 74.6% from 4.69 cents to 1.19 cents.

(5)   NAV per share decreased from 26.18 cents to 24.65 cents.

But if we just look at 4^th Quarter financial result alone, the future may look brighter now:

(1)   4Q10 contributed abt 16.8M revenue - projected full year revenue 67.2M.

(2)   The whole 2010 profit 2.1M actually came from 4Q10.

(3)   4Q10 net profit margin kept at 13.5%.

(4)   4Q10 earning per share 1.11 cents – projected full year P/E ratio 6.1.

In addition this counter was backed by 17 cents cash or cash equivalent per share.

In conclusion I will hold on my current position for another 3 months and am expecting some goods news come from 1^st quarter 2011 financial result.

HockLianSeng full 2010 financial result highlights

HockLianSend released its full 2010 financial result on 22nd Feb, revenue and profit looks within expectation and I am not going to spend any time to discuss abt these two factors here.

I summarized some important points to support my continuation holding onto this counter as below:

(1) 1.625 cents per share dividend payout - base on my entry point 31.55 cents abt 5.15% yield.

(2) Cash or cash equivalents abt 32.45 cents per share as per 2010 book closure data - entry point 31.55 cents was backed by 32.45 cents cash per share.

(3) NAV increased from 14.6 cents (2009 end)  to 17.5 cents (2010 end) - abt 20% increase.

Base on above 3 factors I am willing to hold this counter due to its good dividend payout as well as strong cash & book value per share backing.

Multiple source of incomes

I am intent to increase my other source of incomes (other than normal salary income) to 20% of my total annual income by the end of this year.

Here I listed down some possible source of incomes I can generate over the remaining 10 months period:

1.) Investment Gain / Dividends / Interests
2.) Rental income
3.) Freelance job (work at home) income
4.) Government cash bonus
5.) Others

My ultimate goal is to increase my non-salary income to 50% before reaching 40s.

Bought China Taisan @0.18

Business Summary

China Taisan Technology Group Holdings Limited, an investment holding company, engages in the manufacture and sale of knitted fabrics used for sports and casual apparels in the People’s Republic of China. It involves in the knitting, printing, and weaving of fabrics, as well as the provision of fabric-processing services, such as dyeing and finishing. The company sells performance fabrics under the Lianjie brand name. China Taisan Technology Group Holdings Limited was founded in 1996 and is based in Jinjiang, the People's Republic of China.

Key Data

52-wk range: 0.17 - 0.24
Book value per share: 0.30
Cash per share: 0.16 (this counter was backed by 0.16 cash per share)
P/E ratio: 8.5

Fundamental Analysis

Revenue growth - 1 star
Net profit growth - 1 star
Gross margin - 2 stars
Cash flow from operations - 2 stars
ROE - 2 stars
Quick ratio  - 2 stars
Debt / Asset ratio  - 2 stars
P/E ratio 8.5 - 1 star
--------------------------------------------------------
Total star points: 13

My consolidated analysis of Poh Tiong Choon Logistics Limited

Stock Information

Current price: 0.45 (as at 1st Feb 2011 closing)
52-wk range: 0.325 - 0.485
Book value per share: 0.26
Cash per share: 0.05
P/E ratio: 6.8

Business Summary

Poh Tiong Choon Logistics Limited, together with its subsidiaries, provides various logistics services primarily in Singapore. It offers services relating to land transportation, warehousing and drumming services, stevedoring, bulk cargo handling, container services, equipment renting, leasing, and general contracting. The company also engages in the operation of barges, freight forwarding and barge leasing services, trading in liquefied petroleum gas and diesel, and rental of an industrial property. Poh Tiong Choon Logistics Limited, formerly known as Poh Tiong Choon Contractors(Pte) Ltd, was founded in 1950 and is based in Singapore, Singapore.

Fundamental Analysis

Revenue growth - 2 stars
Net profit growth - 1 star
Gross margin - 0 star
Cash flow from operations - 2 stars
ROE - 1 star
Quick ratio 0.79 - 0 star
Debt / Asset ratio 0.54 - 0 star
P/E ratio 6.8 - 1 star
--------------------------------------------------------
Total star points: 7

Technical Analysis

As per below 3 months combined TA chart the best entry  point should be around 31st Dec 2010 @ 0.40 per share. It means about 12.5% profit within one month.

My improved Fundamental Analysis(FA) checklist

I would like to implement a stars rating system to access any potential fundamental strong counters and only invest into those counters which are able to pass the minimum 11 stars criteria:

Criteria	2 Stars	1 Stars	Max. Stars
Revenue Growth (5 yrs)	constant growth	most yrs show growth	2
Net Profit Growth (5 yrs)	constant growth	most yrs show growth	2
Gross Profit Margin (5 yrs)	>= 25%	15% to 24.99%	2
Cash flow from Ops (5 yrs)	constant growth	all show positive	2
ROE (5 yrs)	>= 15%	10% - 14.99%	2
Quick Ratio  (recent)	>= 1.5	1 - 1.49	2
Debt / Asset Ratio (recent)	<= 0.2	<= 0.4	2
P/E ratio (current)*	<= 6	6 - 12	2
		Max.	16

* for US stock <= 8 (2 stars), 8 - 15 (1 star).

Now I use China Gaoxian as an example to illustrate how it works:

Revenue growth - 1 star
Net profit growth - 2 star
Gross profit margin  - 2 stars
Cash flow from operations - 1 star
ROE - 2 stars
Quick ratio 1.13 - 1 star
Debt / Asset ratio 0.13 - 2 stars
P/E ratio 5.5 - 2 stars
--------------------------------------------------------
Total star points: 13

My Technical Analysis tools

After done so many fundamental parts to learn how to analyze a company's fundamentals, now I realised the important of technical indicators in order to start marking money from my selected counters. In other words, to determine the right price to enter the market and the right price to exit it.

As a matter of fact, there are so many indicators that can be used to make a buy or sell decision. I would like to only use the most effective and simple indicators:

1. Simple Moving Average (SMA) - using 20 & 50 days

Buy signal: price is above 20 SMA and the 20 SMA crosses over above the 50 SMA.
Sell signal: price is below 20 SMA and moving downwards to the 50 SMA.

2. Moving Average Convergence Divergence (MACD)

MACD can give meaningful feedback only as trends change, and the MACD is less useful if the market is not trending. Zero crossovers provide evidence of a change in the direction of a trend.

When the lines and histogram cross up, this is a simple buy signal.
When the lines and histogram cross down, this is a simple sell signal.

3. Trading Volume + Volume (MA)

Only consider buy a counter which is reasonably actively traded with the support of healthy trading volume.

If the uptrend of a stock price were supported by an increasing trading volume indicate the price have a strong support.

Extra caution is needed if the trading volume is high with a downward stock price movement.

4. Parabolic SAR (SAR - stop and reverse)

The indicator generally works well in trending markets, but not a good indicator during non-trending, sideways phases.

The price rises above the green dots is generally bullish sign,
while if the price is below the red dots is generally bearish sign.

5. Relative Strength Index (RSI)

The Relative Strength Index Technical Indicator (RSI) is a price-following oscillator that ranges between 0 and 100.

RSI > 80 overbought - sell signal
RSI >60 probably bull - buy signal
RSI < 20 oversold - buy signal

Traditionally, RSI readings greater than the 80 level are considered to be in overbought territory.
RSI readings lower than the 20 level are considered to be in oversold territory.
In between the 20 and 80 level is considered neutral, with the 50 level a sign of no trend.

All in one chart:

等待离职良机十种方式（转）

1. Ramp up your networking. Join LinkedIn and Plaxo, and ask for recommendations from current and past coworkers. Use Twitter to update the world on your current projects as well as network with other like-minded individuals. Look for local networking groups, and start attending them。

　　提升你的关系网 加入LinkedIn和Plaxo，向当前和过去的同事征求建议。利用Twitter更新你目前计划的范围，扩大与其他志同道合个人的联系。寻求当地的网络群体，并加入进去。

　　2. Prepare for success. Consider registering a web site in your name. You can then create a professional-sounding email address that will encourage people to visit your web site. Get a professional photograph taken. This is for your web site, your advertising, or anything else that you will be doing to promote your image as a serious professional. Order your own business cards in your name with your web site and business number. Basic business cards can be obtained for a very reasonable rate at Vista print. If you don't want your cell phone ringing with business calls at work, consider a Skype In number, which will cost you just $60 a year。

　　做好成功的准备 考虑以你的名字注册一家网站。这样，你就能创建一个给人印象深刻的职业电子邮件地址，并能鼓励人们访问你的网址。拍一张职业的照片。这将为你的网址，你的广告，或任何其它你所能做的提升自己职业形象的事情做准备。定制印有你的姓名、网址和公司电话号码的自己的名片。基本的名片能够在Vista print获得非常合理的速度。如果你不想让手机在上班的时候收到业务电话，就考虑使用Skype In号码，每年只需花你60美元。

　　3. Expand your skill set. If you’re in the right career, critically examine where you may be lacking in experience or qualifications. If you’re weak at giving presentations, now is the time to join Toastmasters. This will improve your public speaking ability and eventually add solid achievements to your resume. Upgrade your credentials. Is there a certification of some sort that you can achieve? Perhaps it is time to consider finishing your MBA。

　　扩展你的技能，如果你有份合适的职业，那么，就精确地审视你可能缺乏的经验或资格。如果你不善表达，那么，现在就该加入Toastmasters。这将有助于提高你在公共场合讲话的能力，也将为你的简历添上实在的业绩。升级你的文凭。看看你能获得哪种证明。也许是考虑完成你的MBA的时候了。

　　4. Start thinking of yourself as who you want to become. Rather than being a banker who paints as a hobby, you are an artist who supplements your income with your banking job. This inner psychology is very important to realizing your dream. If you always think of your dream as something you’ll be doing in the future, there’s a good chance it will always remain in the future. Claim it as your reality now, and that will encourage you to take action. If you’re in the habit of thinking it and believing it, doing it becomes much easier。

　　开始把自己看做你想做的那种人，与其做个银行家，而把绘画当成业余爱好，不如把自己当做靠银行的工作增加收入的艺术家。这种内心的暗示对实现你的梦想很重要。如果你总是把梦想当成将来要 做的事，那么，它很可能永远留在将来。现在就宣称你的梦想就是现实，这样会激励你采取行动。如果你常常考虑自己的梦想，而且习惯了相信梦想，实现梦想就会 更容易。

　　5.Do something to earn money outside of your current job. Consider consulting or selling your creations. Having an outside income helps take the sting out of a miserable work situation. Working in a job that is a bad fit can be a demoralizing experience. Earning a second income is a consistent reminder that you are able to earn money apart from your main source of income. You may eventually find that you can turn your secondary income into a full-time business。

　　做点挣外快的事情 考虑做做咨询或出售你的创意。挣外快有助于使讨厌的工作令人愉快。做一件不适合的工作可能是令人泄气的经历。挣到额外的收入会不断地提醒你，你能从主要收入来源之外挣到钱。最终，你也许就会发现自己可以将产生第二收入的工作转变为全职事业。

　　6.Post a visible reminder that this job is only temporary. When I once worked in a job I hated, I helped bide my time by hanging a reminder on my bulletin board that said, “This is only temporary. De-invest。” Now this was a home office, so I had freedom over my environment. However, I would suggest you post something at work that will symbolize this concept for you. It could be a phrase like this abbreviated in a way that only you will understand. For example, if you want to become a novelist, post an image of your dream home office or the front cover of a book. Make sure this is in a location where you will see it frequently; every time those stressful moments at work arise, you’ll have this reminder: This is only temporary. I will not be doing this forever。

　　醒目地标示这只是一个临时工作 当我做令自己讨厌的工作时，我等待时机的方式就是在电子告示牌上挂上提示：“这只是临时的。完全是投资。”这是一个家庭办公室，因此我能自由布置自己的工作。

　　作环境。不过，我建议你在工作时为自己发个邮件，把这个理念传达给自己。你可以发送一个只有自己明白的像这样的短语。比如，如果你想成为一名作家，就发送 一个你想象中的家庭办公室图像或一本书的封面。要保证把它显示在你能经常看见的地方。每次在工作中感受到压力增强时，你都会得到这样的提醒：这只是临时的。不会永远如此。

　　7.Get busy in your off-work time. There are two halves to achieving a new reality: You must have time to dream, and you must take action. Give yourself time for creative visualization daily. Note ideas that come, and keep a record of these. Make a rule that you spend X amount of time daily taking action on your dreams. Artists produce artwork. Writers write. If you are not taking action, you will not achieve your dream。

　　在没上班的时候就开始工作，要想获得一种新的现实有两部分：你必须有时间梦想，你必须采取行动。给自己时间，创造形象化的每一天。关注并记录下出现的想法。形成每天花若干时间采取实 现梦想的行动的习惯。艺术家创作艺术作品。作家写作品。如果你不采取行动，就不会实现梦想。

　　8. View your current job as paid practice for your future dream job. Even in a miserable job, you have a wealth of opportunities to polish your skills. Have a boss who’s a hothead? This is your time to get paid to practice dealing with difficult people. Read about neuron linguistic programming (NLP), and give it a try. Find ways to streamline the processes at work. How can you be more efficient in dealing with email and phone messages? How can you better manage your time? Build good habits now that you will take with you when you leave。

　　把目前的工作看成为未来梦想的工作付出的实践，即使在一个令人厌恶的工作中，你也能获得提高技能财富的机会。你的老板是个性急的人吗？这正是你练习与难相处的人合作的机会。看看《神经语言学设计 (NLP)》，并付诸实践。想办法把工作流程合理化。如何才能更高效地处理电子邮件和电话留言？如何能更好地安排时间？现在就养成好习惯，等你离开的时候 你可以带走这个好习惯。

　　9.Maintain a satisfactory job performance, but de-invest emotionally. This one takes practice, and meditation helps with this. Keep in mind that this job is temporary, so it is not worth your losing sleep over. Practice not engaging with people who try to push your buttons. Think of yourself as working for yourself, not for the company. Do your best to stay below the radar by making sure you are performing satisfactorily, but as much as possible, reduce work-related activities that consume your energy but have little to no return on investment。

　　保持一个令人满意的工作表现，不过不要全身心地投入进去。 这需要练习，深思也有助于此。牢记这是个临时的工作，因此不值得你失眠。练习不要与试图触动你的人交战。想象自己在为自己工作，而不是为公司工作。努力做到表现令人满意，而不引人注意，不过，尽力而为即可，减少消耗你的精力又几乎没有任何投资回报的与工作有关的活动。

　　10.Get a life outside of work. This is vital to biding your time in a job you hate. When you have an active social life outside of the office, it becomes so much easier to tolerate mundane or stressful work. A balanced life helps to keep things in perspective。

　　争取获得工作以外的生活 这是在你痛恨的工作中等待良机的关键。当你在办公室以外获得了积极的社会生活，忍受平淡或充满压力的工作就变得非常容易了。和谐的生活有助于保持对事物的洞察力。

　　Employing all of these techniques will help reduce stress while you wait until the appropriate time to change jobs. By taking these steps you retain your sense of dignity and worth as well as prepare for success in your future work。

　　利用所有这些技巧将有助于降低你在等待变换工作的时机过程中受到的压力。通过采取这些步骤，你保持了自己的尊严感和价值感，也为未来工作的成功做了充分的准备。