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Has anyone ever seen this word “Bailout”?
Oct. 3rd, 2008A5 Speech
Speaking to inform
Objective: The Abstract Concept
Time: 6 to 8 minutes
After I handed out my business card to a new met person last December, the feedback was most likely as follows."Nice to meet you. My name is Michelle.”
"Nice to meet you too. Oh, you are working for business in Vietnam”
"It’s really a great booming market”
"You are surely on the right tide, and must have already made a lot of money”
But the response changed as below recently.
"Nice meeting you. My name is Michelle.”
But the response changed as below recently.
"Nice meeting you. My name is Michelle.”
"Good to meet you too."
"Oh, you are working for business in Vietnam.”
" Is your company still okay so far?”
Isn’t it a big change? Less than 1 year time, isn’t it?
As a matter of fact, this kind big change not only happens in Vietnam but also all around the world lately in past few months only.
Has anyone ever seen this word “Bailout”?
As a matter of fact, this kind big change not only happens in Vietnam but also all around the world lately in past few months only.
Has anyone ever seen this word “Bailout”?
If you have been reading The New York Times or watching TV news, you would see this word almost everyday since two weeks ago.
I was confused by the interpretation from dictionary about this particular word. In dictionary, the meaning is “to parachute”. In this case, the real mean here is a “Rescue Plan”.
Who could imagine one month ago that Lehman Brothers would crash down so fast?
Since we saw the stock disaster on Sep. 15th in Wall Street, the worst may not be over in the stock market, the matter is nobody knows what to expect and what is going to happen next.
Everybody worries whether Lehman Brothers still has other brothers,
The worry is definitely not a rumor.
Not long after the bankruptcy of Lehman Brothers.
American Bank purchased Merrill Lynch
Morgan Stanley and Goldman Sachs convert themselves to be a holding bank, under no choice.
All the biggest 4 investment banks in Wall Street are gone within one week. Who could predict this situation one month before?
Everybody appeals bailout from government, and President Bush even has made several address devoted exclusively for the bailout with 700 billion US dollars and urged congress to act soon on it.
What will happen if we encounter economic crisis in our life? To whom we can ask for bailout?
My point of view is Nothing is 100% reliable, but skills; and no one can be wholly relied upon, but yourself.
What is the best investment? Stock? Fund? Bond? Or real estate?
I have made money from those items before, but also lose money due to them.
So, I agree with someone who said “The best way to invest in your life is your brain. No one can take it out from you.”
For this reason, I have invested myself to study CCIM courses since end of last year.
What CCIM stands for? It means Certificated Commercial Investment Member.
CCIM is a recognized expert in the commercial and investment real estate.
I’d like to show you some pictures taken in the 2nd CCIM Designation ceremony this June. I was honored to be the host of the ceremony.
(tell you a secret. ........Why they invited me to be the host was because I am a Toastmaster, seriously,
not because I am a senior beauty.)
There were first 36 CCIMs designated in Taiwan two years ago and 48 CCIMs new born this year.
I hope I can be one of the CCIMs next year.
The CCIM curriculum consists of four core courses that incorporate the essential CCIM skills:
1. Financial analysis,
2. Market analysis,
3. User decision analysis,
4. Investment analysis
The 4 courses, which are instructed by qualified professors fly in from the States, are all very intensive, but they are not the most challenging objectives. The utmost difficulty in getting the certificate is besides the 4 long exams, 4 hours for each, plus 1 final exam, which takes 6 hours, we need to submit a
1. Financial analysis,
2. Market analysis,
3. User decision analysis,
4. Investment analysis
The 4 courses, which are instructed by qualified professors fly in from the States, are all very intensive, but they are not the most challenging objectives. The utmost difficulty in getting the certificate is besides the 4 long exams, 4 hours for each, plus 1 final exam, which takes 6 hours, we need to submit a
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| Was the host to hold 2008 CCIM Pining Ceremony |
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| Larry. Steven. Aida. Mrs. Tseng & Mrs & Mr. Tseng. Better. Michelle |
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| Steven R. Price ．Michelle Liu ．Larry K. Baumgardner |
CCIM is one of my bailouts. What is your bailout?
For members who are still single, the first bailout you are chasing for could be to marry a billionaire or the daughter of a billionaire.
For members who are already married like me, we’d better to learn a 2nd or 3rd skills for bailout in this unpredictable era.
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After all, Heaven he1ps those who help themselves first to Bail out from the crisis