Jul 14, 2013

Lightyears away

For a lot of us, success in any area of our lives seemingly looks so remote. So distant, that it its simply impossible to accomplish within our very own lifetime. We pat ourselves in the back, toast whatever average success we earned, and retire to our beds at night hoping and praying that our kids would be our best chance to claim our dream that's just too damn illusive as a 50-peso bill in Edsa during Christmas season!

I bet that's why most of the stories we hear growing up includes anecdotes of how our folks had "almost" made it. These anecdotes typically starts with the transitive verbs: would've, should've, or could've, and  ends with that 19th century appeal to the senses : "if I only did such and such... "

I have always enjoyed listening to stories like this. Maybe because, some where a long the line, I know that there will be a story that you could learn from. Or maybe, because I always thought that they too made several amateur mistakes in their lives. That they don't always do the right things... that they are just like you and me... Or maybe, that they're just making excuses cause they obviously didn't meet the "grade"; or had the "stuff" to get them through.

I feel ashamed now of how I thought back then.

Whenever I failed at something important, I always go back to my dad... some times demanding an audience to spill my own "would/should/could" story.... Some how, seeking my own retribution from him or from a family member....

The tables have indeed turned.

I wonder of what my eldest is thinking whenever my wife and I talk about my "would/should/could" story?

Maybe. like my dad, I would be listening to their own stories soon, when they grow up....

Jul 13, 2013

In everything there, there is a season and reason?

The past few weeks have been really a humbling experience and I'm just glad that I'll be having a chance to finally push forward with new beginnings by next week.

I pray that things finally look up for the better. 

Whatever it is that happened, I have no choice but to pick my self up and push myself once more. I have to. I need to. I just hope that this time, I could make the right decisions, and make the right choices.

The financial textbooks always told us that we should create an emergency cash buffer worth at least 3 to 6 months of expenses to tide us over in the event of a personal crisis --- like, loss of income, health issues, being run over by stampeding ants or being struck by lightning, etc.  

Being the only income earner in a family of 5 (plus 2), I soon realized that whatever "wall of financial" protection I thought I've built up, did not mean squat in the face of "overwhelming" force... 

Domestic issues simply have a way to shred whatever "well-informed preparations" you make like a manic-compulsive kindergarten cutting up card boards with plastic scissors. Also, other people's "circumstantial" crap also tends to compound seemingly in perfect timing, either when you're at the apex in your personal crisis or you're screaming obscenities out in empty space from complete and utter hopelessness.

More often than not, it pushes most people to retreat to whatever protective-ish cocoon they have as their brain goes cold turkey due to the prolonged absence of serotonin in their bloodstream.

Sadly, despite my recent interlude and affair with disproportionate despair, I am still unsure whether I learned anything sensible that I can later on apply... 

It's cruel to think that when we were little, we were always taught that everything happens for a reason. That, if something does not kill you, it only ought to make you stronger.... What a big pile of  horse droppings! Right there with all the useless, medieval mutterings like, " Eatin' ain't cheatin' " or "when life gives you lemons, you make margaritas" or some similar shit like that!

When will we all finally learn that Shit just happens... not for any other reason, but simply because it can happen.... period...!

Maybe were just too naive or too brainwashed to acknowledge that....

As far back as I can remember, I was brainwashed and bleached to this sick, cult-like belief... Even with modern advances in philosophy and science... Parents (including myself) still serve up this nonsense to their kids.... maybe to appease their own ignorance on the "grand scheme" of life...

Let's try to rectify this further... allow me, if you will, to take a proverbial stab at the existential piece of everyday dilemma by invoking good old fashion mathematical logic... where do I start? Hmmm - maybe, we can invoke John Venn's equation of statistical probability to try to put substance and form...

A quick search on the web, and all those "lively", exciting, and energy packed classroom lectures in college came rushing back to me.... Statistical probability, or frequency probability can be written as follows:

 where P(x) is the probability of an event occurring at a given period (t).

If we attempt to postulate the probability that "undefined" possibilities and circumstances can simply snuff out any financial emergency preparations you make (given non-bounded period or time), we arrive with every statistician's frequency probability theory dilemma, which is:  


Like what I said, its never an exact science (or in my case, math).... Despite the grim outlook though, it is still very much preferred to stock pile lots and lots of cash as emergency contingencies might just be around every twist or turn....

Jun 9, 2013

Holding down two jobs ain't funny

I know it's been a while since I last wrote something, there's been a lot going on in the last 18 months that made sure that "down time" is as rare a commodity as platinum is to gold. 

However, I will try to summarize things down, if not just to document them for my own reference.

I held two full-time jobs in 2012, one was consultancy and the other a regular post. 
I took a step in that direction, against common sense and advises from family and friends, because I thought the pay will afford me higher savings chances while at the same time I'd be personally see if I can manage more than one jobs. I was curious as to how other folks can hold down 2 even 3 jobs and wanted to see for myself what's the real story about. The other job is a regular local job here in Manila from one of the world's top companies in technology.

The consultancy job is telecommuting work, but the challenge is around availability (24x7) while the regular job is a straight 9-5 deal that requires you to be present in the office premises.

Right off the bat, I should have known I was making a grave mistake. But, being the stubborn, cocky, highly motivated prick that I am, I thought I could make it work; besides, the money was good!

I slowly regretted the decision since the both jobs are critical roles, meaning it demanded a lot of everything, time, resources, ability, etc. I failed to make concessions early on and ended up making a half-baked decision at the last minute. 

The setup does afford me better financial returns, however, it took away a basic commodity that we all thought so little of nowadays - TIME.

The work literally demanded my every waking (including sleeping) moment - and since the regular job requires me to be present in the office during operational hours, I had to "develop" personal scenarios in order for me to be allowed to telecommute, since it would be odd to hold meetings in the office for the other job. I learned that not only is it a statistical impossibility to be able to manage 2 meetings at the same time without skipping a beat, it is also just damn to hard to concentrate when 2 complete groups for 2 complete topics are talking at the same time.

Keeping tabs of two major activities at the same time is hard enough, but being in 2 different meetings at the same time (remote meetings, one earpiece per ear), while discussing two very different matters in front of 2 very different global teams is next to impossible. I remember forgetting to mute the other mic while I was talking in the other meeting --- I'll leave the details to you folks on how I explained myself to the mostly confused and unsettled audience on the other end where I forgot to mute.

I honestly tried to hold out as long as I can. I even went as far as to "reprogram" my entire body clock just to meet the demands of the two jobs. I had to learn how to live by with just 2-4 hours of sleep everyday (including weekends), take 5 minute lunches, and 7 minute showers. There is absolutely no holidays, no vacation leaves, and no sick leaves.

After 10 months of "surviving", the effects on my self-inflicted punishment started to show. I no longer feel that there is any value to what I was doing. I was mostly cranky (at work and home) and find focusing on even minor things at work difficult. I was making crappy decisions left and right both personal and professional. I think the exhaustion just finally took a hold of me around that month, plus I was also running out of alibis to tell the office why I still can't come in during regular office hours even after being on medical leave for a couple of months.

Shortly around the 11th month, driven mostly by fatigue and low morale, I made a hasty decision to finally call it quits with the regular job I was holding, based irresponsibly from the compensation (the remote consultancy work was paying me better). 

I though I would be seeing happy times - big f#cking mistake!

Around January 2013, things became financial difficult for the consultancy job. I was brought into a meeting with the executives where they revealed that the company is in the red, financially. Most of the clients were are managing is having financial woes. One was even at the brink of filling for bankruptcy. It was clear that time that I would regret choosing this one from the regular job. 

Surely enough, company executive decided to bring in "experts" and my role was the first one to be "reviewed". Having sensed the inevitable, I opted to part ways with that company but managed to secure a deal to safeguard the jobs of the team I was working with. I felt I got a bad deal shortly afterwards, cause then things started to bounce back - the client I was managing updated their books and managed to pay some of its debts. However, I made a big issue before I left, citing that the "experts" they brought in are not just costly, but incompetent since they recommendations are the same as the ones that I am already executing. I just lacked the "sales" skills to bring home the bacon.

In any case, I did manage to get another job last March just before leaving. This one is a regular post job. I thought it'll have to make do since I had to find something quick to augment the sudden loss of income. It was just supposed to be an "in-between" thing since the compensation was grossly disproportionate to what I needed to finance my requirements. I am however thankful for this job. I felt that my expertise in the field of technology has finally been applied for a greater purpose. I actually became part of some thing that I can consider a legacy as the last project has impacts on the national (and even international) level.

Don't get me wrong, I never stopped looking for better job offers. As I write this, I am scheduled to come in for a job offer tomorrow. Honestly, I am still thinking about doing the same "2-jobs-at-the-same-time" deal if it is indeed possible. However, I'm not sure whether I want to go through all that drama again.

I'll try to post any development on this soon.


Oct 13, 2010

Wishing Wells and Magic Spells

I often times (day) dream about how would my life be without any financial worries. I usually spend at least a good 2-hours, interspersed within the day of course doing this. 

Sometimes when I thought I'm on to something, you'd see me all enthused and hyped-up talking to people and pitching my ideas as if I have truly experienced them first hand. Obviously, I'm still in the same financial rut which means that my enthusiasm usually stops there.

Lately though, after being truly inspired by a new book on financial freedom (Larry Gamboa's books) that excited feeling simply refuses to leave me. I truly wanted to get out of the rat-race, since the day I joined the ranks... however, I guess decades of mental conditioning has grown into a habit. 

Unfortunately for myself - I'm the one proof of the adage that "Old habits do, die hard"

I wish I could break the vicious cycle that has plagued my family, since my grandfather's time. I wish I could be more enlightened by all the wonderful ideas that I constantly immerse myself into... I wish I would finally have the guts to take that plunge... 

Sep 29, 2010

Outlook on financial independence

Today's traditional context of income generation, for most families, primarily includes a 9-5 job, for either or both spouses. 


Some bold souls, actually engages, every once and a while into small business ventures - with less coming back for more, if they experience failure.


And then there's people like "Us"....

PSE: Market went to Pooh...

The imminent down turn is finally here... Hope you folks saved enough for the buying spree - which I predict will continue until about late November...


Here's today's PSE snapshot:



Sep 28, 2010

PSE: Divergence Rising

The market continues to play hard today although the divergence is hitting critical mass, meaning that this tune is getting old and a bear trend is imminent!

Sep 27, 2010

PSE: Bulls on parade!

Another bullish market opened the week (Sept. 27) - for most of the investing public, this is still not the time to throw an all out party just yet as major sectors is beginning to show some down trends...

Sep 23, 2010

PSE: And the Saga Continues...

The trading floor closes with the market still remaining strong primarily due to current developments in and around the country.


Sep 21, 2010

PSE: Market took a break today


The stock market slid down 0.83% today (4,054.18 pts) from yesterdays performance. All indicators still point towards the imminent bearish trend I was talking about last week.