Monthly Archives: October 2008

Tax Return

It used to be a simple task for me, but now it’s getting more complicated to the point that I have to enlist the help of accountant to do it properly.

This year’s complexity mostly caused by my purchase of AGL few years ago. Sometimes down the line AGL bought Alinta, so I then own 2 shares of AGK (the new code for AGL) and Alinta. But not long after that Alinta was sold to Babcock and Brown and in returns I’ve got another 5 different shares! What a mess! I sold them all.

Anyway, my point of this post is, there’s got to be a better way to do Tax Return. If you think about it, in Australia, you’d have to supply Tax File Number (TFN) for a lot of occasions like opening term deposits, bank account, managed funds or buying shares. So why can’t the government just gather information from the financial institutions based on this TFN? Sure, we cannot trust any automated process just like that, but wouldn’t be nice to have a centralized automated system that work out roughly how your Tax Return should look like and then you can do your own homework to double check the correctness of it. 

This manual process (and paper based) of doing Tax Return is quite annoying to be honest, I spent a lot of time keeping track of dividend payments, deductions etc2.. There’s just got to be an easier way of doing this.

The Greatest Networker in the World

I just finished reading The Greatest Networker in the World by John Milton Fogg (the link will take you to the author’s website). Again I picked up this book from my company’s library.

I thought this book was about how to build people and contacts. But it’s actually more about Network Marketing, or more commonly known as Multi Level Marketing (MLM).

The book was written in the style similar to Rich Dad Poor Dad, whereby the author was fortunate enough to meet and then be coached by this highly successful individual, the best in the field who happens to love sharing his knowledge, this individual is aptly titled "The Greatest Networker in the World" (akin to the Rich Dad in Kiyosaki’s book).

The author’s main point seems to be: to be successful you need to change your habits of belief, replace the old and bad habits with the ones that will help you achieve what you want, for example: if you keep on believing you are fat, that you will stay that way, instead you need to change the beliefs with what will your life looks like if you are slimmer.

The author goes on great details describing the networker’s perfect life: big house, nice cars, horses, great & happy family, a Japanese house maid (who happen also to be his no 1 distributor in Japan) and how in the end the author can achieve the same thing (in the epilogue John mentioned that he bought the networker’s house). Describing extravagant success in details seem to be the norm for this sort of book and the author seems to suggest that success in life can only be measured in what one can gain materially. 

I guess it wasn’t a fruitful reading for me as I am not really into MLM much anyway although Lina was doing it a bit before. But it was short reading and an enganging one so at least I learn a little bit about writing. Would I recommend this book? Heck no, unless you are doing MLM yourselves.

And that my friend was the 15th book finished this year.

Physically older

I noticed starting the last year or so, my physical recovery time has been getting longer. Sunday sport has taken more toll on me than before, I think my reaction has been tad slower as well. 

I am quite happy with my current form, I have been able to be more consistent with the weights. I think I’ve got a routine that works for me, although I am thinking of re-orientating my workout to include more core exercises which focus on stability and balance rather than strength/muscle building, but I don’t know how to do that yet, got to read up.

One sign of getting older is this annoying pain on my right ankle area since few months ago. I am not sure what’s causing it,I’ve got a feeling the one Sydney basketball meetup that I went to few months ago, might have something to do with it, but it could also due to other things like incorrect running technique. The pain has prevented me from running too long on treadmill, which is quite disappointing as running is definitely THE aerobic exercise for me. I have been doing elliptical instead, but it’s just not as satisfying.

I think a visit to physio is long overdue.

The Five Love Languages of Children

I just finished reading The Five Love Languages of Children by Gary Chapman and Ross Campbell recently. I borrowed the book from my company’s library.

I’ve listened the audio book of the original Five Love Languages which is directed for couples. This book is a spin off from that.

I’ve learned a great deal from the original book. Especially I found the categorizing how people want to be loved into these 5 languages making the abstract nature of love to be more understandable (and actionable). I was also aware that the concept can be easily transferable to different groups of people (ie not only to your spouse). 

So naturally I am excited reading "the children version" of the book. I did find it to be helpful and practical. For example, from the section on punishing the children, Gary and Ross suggested that parents should first of all assure that child felt loved (making sure his/her "love tank" full) before delivering the punishment. They also suggested against using the primary love languages as a mean to punish children, for example: if a child’s primary language is physical touch, then punishing the child physically might have a more detrimental effect than intended. Some other useful points include:

  • Age and sex determine the appropriateness of showing your love, example: if have a boy whose primary language is physical touch, when he comes to his teenage years, refrain from showing your love physically in front from his friends or in public.
  • If you are a single parent, seek help from your church or community, especially when your child is entering the teenage life, which he might withdraw himself from you.
  • Use persuasion/request, command, gentle physical, punishment and behaviour modification in that order.

I found the authors have communicated the true sense of love quite strongly in this book, that is: love is all about the other person. You want to learn how to communicate love to your children for their sake not your own. The same message I also found from Gary’s original book.

I think the book can be made more concise, by cutting down the testimonies and stories, I just found them repetitive and too many. Although this book I think was intended for parenting in general, the authors being Christians themselves, they communicated how their faith made an impact on their understanding of love. They quoted some Bible verses to show how some of the points are supported by the Bible. I applaud the efforts from Christian authors writing to not necessarily Christian audience to do this. However I found that the usage of the Bible passages is often out of context (although I can’t remember an example and I have returned the book, but most of these out of context quotations were from the Old Testament).

I would strongly recommend this book for parents. It’s all about knowing your children better and then love them in the way that they understand best.

Book 14 finished!

Side note, I am also reading What Colour is Your Parachute, which is a very2 good and thorough book on career in specific and life in general. I think I need to buy this book (currently borrowing it from library) as the vast material in it needs to be digested slowly perhaps in the span of months. I think now my reading time would be taken by my SCJP Exam prep, so i won’t be able to finish too many books.

2nd year looking back

Well, it is getting easier, I wasn’t in tears as often as last year. Perhaps I can now move on a little bit. Instead of focusing on the sadness, perhaps I can think of the good times (and the bad times) spent with my dad. Below are random memories and reflections.

Having read (or listened to) the 5 Love Languages, I gained a better insight of myself. I think my primary languages are words of affirmation and physical touch. My dad definitely not a touch-y person. I wonder what his primary languages are, perhaps one of them is act of service, thinking how mom making sure everything is in order for him, he is quite particular in some of the things.

I remember he had a favourite chair in the living room. He strongly prefers that no one sit on it, especially our guess’. He always wipe the chair with his handkerchief (or maybe lap) before his sitting on it. When he got home from work or tennis, he’d sit there and read his newspaper.

I remember when I was little (maybe SD) I used to sleep on the same bed with my dad. And apparently he didn’t like it much, since I often pushed him to the edge of the bed (unconsciously of course!). I also remember that I often fall asleep watching TV (either on the floor or on my mom’s bed) and he had to carry me to my bed which was on the other room.