Showing posts with label profit. Show all posts
Showing posts with label profit. Show all posts

Thursday, August 4, 2022

OMG! Youtube Ads!

Photo by Szabo Viktor on Unsplash

Dear Readers,

Thank you for coming here!


Oh My Gosh! The ads are putting Youtube right at the edge of being unusable to me.

Two unskippable ads upfront + frequent ads during the video + ever repeating ads banner at the bottom…

I just had to switch it off.

The experiences reminded me nothing but the TV experiences when I was young.

In China, TV programs are free and some small stations (usually at the county-level) just bombarded audiences with ads to break even. Sometimes, we had to watch 1-hour ads for 5 mins of the show, to the point I could not even recognize the show.

People gave them up the first chance they got and before long these county-level stations were all closed down by “Policy”.

Having experienced that, I for sure wont put myself in that situation again.

Luckily, I have more options than I did back then.

Photo by CardMapr.nl on Unsplash

For Youtube, I completely understand it is profit seeking. This is not only Youtube, but also the millions of Youtubers. In my opinion, they probably should have done this a long time back.

As an average user, I know I can get rid of the ads by paying a little money. But why would I do that? I am trying to cut down screen time any way.

So in that sense, this could be good for average users, slowing the progress of us completely turning into data source for the algorithms.

 

Till next time!

Sunday, March 7, 2021

My Market Transactions — Wk10 2021

Photo by Chris Liverani on Unsplash

Dear Readers,

Thank you for coming here!


My Gosh! The Market!

My profit has dropped from the peak of 60k SGD to the negative, since I adjusted my investment approach.

It feels like shit. But deep down, I know it is good. Otherwise, money would feel too easy and we know that is not the case.

It is good to be in reality with foot on the ground again.

I will hang on. 


Capital injection: None

The market has not shown signs of recovery. So I will hold my war chest for now.

I tried a few times to add positions. However, the price I set was not reached.

No hurry!

Photo by MayoFi on Unsplash

Capital outflow: None

Again, this is not the time to sell.

But if you are feeling so bad that your daily life, like your appetite, sleep or work is affected, then sell some of your positions. 

Immediately after you sell some, you will be worried about the recovery of the market because it would make the selling decision a bad one.

This is nothing more than hedging your emotions. And it will make you feel better.

No matter whether it continues to drop or starts to recover, you can see the bright side for you.


Till next time!