USD/CAD - 26 pips

USD/CAD - Short @ 0.9826, Closed @ 0.9800 (26 pips)

GBP/USD breaking 2.0000 mark - 151 pips

It has been a long time since I even took out a PDA to trade. Been very busy with my own Smith Street (Collingwood) property over the past weeks.

Anyway I went into a long swing and today GBP/USD broke into the 2.0000 mark!


GBP/USD - Long @ 1.9940, Closed @ 2.0091 (151 pips in more than 1 weeks)

Marvel at Buffett!

After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett.

Riding the skyrocket price of Berkshire Hathaway stock, Buffett has seen his fortune swell to an estimated $62 billion, up $10 billion from last year.

Gates is now worth $58 billion and is ranked third richest in the world. He is up $2 billion from a year ago, but would have been as rich--or richer--than Buffett, had Microsoft not made an unsolicited bid for Yahoo! at the beginning of February. Mexican telecom mogul Carlos Slim Helú now ranks as the world's second richest person with a net worth of $60 billion.

132 Smith Street, Collingwood - My First Australia Property

I had been telling people that I'm going into Australia property soon, and this is the location 132, Smith Street, Collingwood, Victoria!

I have been eying this location for quite a while with my pal KS Low and finally the project is going to be launched soon.

Above is the picture of Smith Street with the old post office in the foreground (picture by Mat Connolley, from Wiki).


Why we favour this location?
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Smith Street is one of Melbourne’s oldest shopping strips. It'a between the suburb of Fitzroy and Collingwood. Filled with cafes, restaurants, Smith Street is a Gen-Y street that is rather close to the Melbourne CBD. Perpendicular to Smith Street is Johnston Street where nightlife is prevalent with the happening pubs spanning almost the whole street.

Smith Street is analogous to Lygon street of Carlton where countless Italian restaurants are located. Collingwood's proximity to the CBD prompted numerous residential developments over the year. Gradually, warehouses are being renovated and converted to residential units to meet the growing demand of inner-city suburb living.

Location wise, Smith Street runs north-south from Victoria Parade at its southernmost end to Queens Parade. Between Victoria Parade and Alexandra Parade, it forms the boundary between Fitzroy and Collingwood; the short segment north of Alexandra Parade is in Clifton Hill. Smith Street is located a block east of Brunswick Street. From Gertrude Street to Queens Parade, Smith Street forms part of tram route 86.