Crazy Crazy Day - STI ETF dropping to $3.09

Today is a crazy day indeed, when I saw the prices of the various stocks last night, I was like ,"Exciting day ahead tomorrow....."

Well, it has been a crazy day indeed, I started investing only last year in 2017 so to be honest, this is the worse my portfolio has been looking.



I do know that there are definitely up and downs in buying stocks and that I need to not be so affected by it.

But wow, every counter is in red, I mean there have been times when counters are red but not all at the same time.




I did panic and thought of maybe selling all my counters? The stock market is really not for the faint hearted. HAHA

Of course, STI ETF dropping to $3.09 is nothing much as I remember in 2016, it's price was at $2.80. So, we shall see how it pans out. In the meantime, sit tight and get ready for the ride.

Climate change and how Singapore is affected?

Every year, I always hear from the news that a new high temperature has been reached for this year and that the average temperature has increased by 1 degree. Every year, we experience hotter temperature and so....what and when's the limit? I read an article recently about how vulnerable Singapore is to climate change and found it very informative.

http://astroinstitute.org/singapore-world-map.html/singapore-on-world-map-scrapsofme-me-new

One of the most crucial and main way Singapore will be affected by the rise of temperatures would be 

• The rising sea levels!

Our geographical location and size makes us surrounded by seawater and even though we can reclaim land, it is an expensive and time-consuming task. 

Global warming is not affecting a small proportion of people in the world, it affects all of us and to be honest, Singapore is not an environmental friendly countries as compared to others.

• Recycling efforts in Singapore

When I went to Taiwan to visit my friend who was having an exchange there. I was surprised by how they had to purchase plastic bags for their rubbish and every night, a rubbish truck would come and collect from them so they would need to bring their rubbish down. Of course, their rubbish would be segregated into food waste, plastic waste and other categories.

Singapore on the other hand, we do have a blue recycling bin that is put below every block and recyclables can be placed inside where a designated recycling would come pick them up.




However, there are many people who would throw their food waste into that and this makes the recyclables 'contaminated' and they are unable to be recycled.

I find that individually, we still have a long way to go in our recycling efforts and it definitely would not be an easy journey. But for the sake of the future generation, we do need to start something that can reduce the effect of global warming.