How is everybody’s March Madness Bracket going? It’s probably busted like everyone else 😛 It’s another reminder for me not to gamble. Mine brackets is busted on the first week of the NCAA tournament. For those of you oversea, NCAA tournament is one of the biggest national college basketball tournament. It consists of 64 best college teams in the US. It is similar to Champion League in Europe. There are 64 teams, but the odd of picking the winner is nearly impossible. Just like this year Monaco is in the Final Eight in the Champion League, and all of the English teams are effectively out! Sport channels like ESPN, Fox, etc put out prizes for perfect prediction, which nobody is going to win. Their website draws huge traffic as people are eager to sign up to see if their favorite team will win.
However, the clear winner would be Las Vegas casino. When Iowa State and VCU lost, UCLA and other underdog team won the first round. The casino also cashed in. The odd for Iowa State win is for every $1500 you play, you get back $100 (It’s a sure win right, because they are like Real Madrid, playing with a Ukraine team or something ahahha). Not so much, these teams were rated by gurus, and many of the gurus were wrong. 😛 As the result, there always surprises each year.
This week marks a huge lost of a great world leader, Lee Kuan Yew. His accomplishment includes getting Singapore independence, bringing Singapore from a third world country in Asia, into a financial, technology, modern first world country. For those of you who likes to travel, and been to Singapore, many will come back applauding now clean the street is, and how good they recycle. Some other facts – Cambridge grad, he only had one wife. He always claimed his wife is smarter than him.
My condolence to you, B. B also wrote about him. What Is Your Ideal Country To Live In ? (A Tribute to Mr. LKY)
Research showed too much indoor can cause near sighted vision. – my eyesight was perfect until I spent a lot of indoor time in college. I spent even more time reading about improving my eyesight after after my diagnostic of myopia (nearsighted).
HumbleFI wrote a review about DIGIT
Eric at No Nonsense Landlord wrote about hidden rental expense. If you are thinking about investing in rental property, I suggested you read his blogs to learn how he deals with rental issues.
Dividend Dream added Starwood to his portfolio, a hidden gem with dividends.
Felix was nominated for Liebster Award. You can read about him here. He also nominated me for the Award. Thank you, friend.
Retire by 50 wrote about what would you do if the Genie give you a year worth of stock information. 😛 I’m still thinking about what I’d do. I’ll come back to post my comment later.
NomoreWaffle wrote about Should you hold on to the cash position. Mr. Buffet wrote it is better to be in the market than not at all. You can read his post, very interesting point.
There is Value Wrote about exciting time for investor. I have no clue how the British system work, but it’s time for me to pick up some information. 😛
You can also read what Dividend Mantra’s weekend Read to see who he’s following. 🙂
Liquid wrote about Rising consumer debt in Canada, but my guess for American it is also on the rising.
The labor market has been steadily improving, so rising consumer debt will be good for the banking sector. So I am long, WFC, BAC, C, JPM, V,etc.