Posts

Showing posts from November, 2008

stock market 101

Image
If you have difficulty understanding the current world financial situation, this is the simple version... Once upon a time in a village somewhere, a man announced to the villagers that he would buy monkeys for $10. The villagers seeing there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The man further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf. In the absence of the man, the assistant ...
i' ve been busy for the past days, i was assigned by Fr. Paul to organized the youth here in the parish. it was a heavy task since we have to start from the scratch but it was fun and the youth here are very participative. we had a Youth Leader's Assembly last October 27-28. it was attended by almost 130 participants from different chapels or Gagmay'ng Kristohanong Katilingban (GKK). we elected an ad hoc officers for the preparation of their summer youth camp/general assembly next year. i enjoyed thier company and they boosted my energy. the next stop is the vocation jamboree that is initiated by the school, Mt. Carmel College. i will be helping them in the preparation of the said activity. it is going to be busy days ahead. its fun though. i will definitely enjoy. till next post.. -melskiens-