1- They move on. They don't waste time feeling sorry for themselves.
2- They keep control. They don't give away their power.
3- They embrace change. They welcome challenges.
4- They stay happy. They don't complain. They don't waste energy on thing they can't control.
5- They are kind, fair, and unafraid to speak up. They don't worry about pleasing other people.
6- They are willing to take calculated risks. They weigh the risks and benefits before taking action.
7- They invest their energy in the present. They don't dwell on the past.
8- They accept full responsibility for their past behavior. They don't make the same mistake over and over.
9- They celebrate other people's success. They don't resent that success.
10- They are willing to fail. They don't give up after failing. They see every failure as a chance to improve.
11- They enjoy their time alone. They don't fear being alone.
12- They are prepared to work and succeed on their own merits. They don't feel the world owes them anything.
13- They have staying power. They don't expect immediate results.
14- They evaluate their core beliefs and modify as needed.
15- They expend their mental energy wisely. They don't spend time on unproductive thoughts.
16- They think productively. They replace negative thoughts with productive thoughts.
17- They tolerate discomfort. They accept their feelings without being controlled by them.

A jobless man applied for the position of 'office boy' at Microsoft.
The HR manager interviewed him, then gave him a test: clean the floor. The man passed the test with flying colors.
"You are hired," HR manager informed the applicant, "give me your e-mail address, and I'll send you the application for employment, as well as the date you should report for work.
The man replied " I don't have a computer, or an email!"
"I'm sorry," said the HR manager. "If you don't have an email, that means you do not exist. And we cannot hire persons who do not exist."
The man was very disappointed.
He didn't know what to do. He only had $10 with him. Once that is spent, he won't have any money to buy any food.
He went to the supermarket and bought a crate of tomatoes with his $10.
He went from door to door and sold the tomatoes in less than two hours. He doubled his money.
He repeated the operation three times, and returned home with $60. He realized that he can survive
this way. He started to go everyday earlier, and return late.
He doubled or tripled his money every day. Soon, he bought a cart, then a truck. In a very short time, he had his own fleet of delivery vehicles.
Five years later, the man became one of the biggest food retailers in the U. S. He started to plan his family's future, and decided to have a life insurance.
He called an insurance broker, and chose a protection plan.
At the end of the conversation, the broker asked him for his email address.
The man replied: ' I don't have an email.'
The broker was dumbfounded. "You don't have an email, and yet have succeeded in building an empire. Can you imagine what you could have been if you had an email?," he exclaimed.
The man thought for a while, and replied, "an office boy at Microsoft!"

If you just lost your Job or Just failed an Interview Don't worry be Optimistic..... Good days are on the way and something better is reserved for you.

Extract from 'The Verger' by W. Somerset Maugham

Have you been tempted to try and change your running technique to adopt a forefoot or midfoot striking contact pattern? Making such a fundamental change at foot-level has certainly be en vogue amongst runners and triathletes in recent years, with lots of media rhetoric and pseudo-science fuelling the fire.
Research is sketchy at best in terms of which type of foot strike is most efficient, and less likely to result in injury – with the most sensible current outcome being that some runners will be more or less suited to forefoot running depending on many factors.
In the many distance runners and triathletes I meet who have tried to self-coach a change in contact pattern to adopt a forefoot strike, there is one overwhelming mistake I see them making, often resulting in injury to the calf and achilles tendon complex: The tendency to run too far forwards ‘on their toes’, not allowing their heel to touch the ground AT ALL.
While this kind of forefoot strike pattern feels wonderfully light and efficient in the short-term, it often this leads to injury as we increase the training load.

THE IDEA

The monthly installment of a conventional home loan is computed based on reducing balance basis, whereby each of the payment will consist of interest and principal component. The interest portion will make up majority of piece in a repayment during the beginning of loan tenure and it will diminish when the time move on and a bigger portion of payment will turn to knock off the principal. This is the concept which we often known as amortization.

While, the idea of 3P by a local bank, features the concept of balloon payment (or known as bullet payment). The concept itself is not new to the market, and being attempted by a couple of other banks with effort to advocate borrowers. Historically, balloon payment mortgages were first introduced in 1934 in U.S. along with the loan programs by the Federal Housing Administration (FHA) in boosting the ownership of properties. In those day, balloon payment loans were usually meant to be short termed, ranging from 3 to 5 years and people will convert or refinance it into a term loan structure subsequently. The popularity of balloon payment mortgages gained during 1980s and peaked at 1990s when interest rate crept up to higher levels. The balloon payment option made the monthly repayment lower and more affordable in short term.

FUNDAMENTAL MECHANISM

The monthly installment of a balloon payment mortgage is being segmented into 2 portions :-

(i) a portion of the total loan has its monthly installment calculated based on a reducing principal, while;
(ii) the other portion has its monthly installment calculated based on definite and stagnant principal

By the end of the tenure, portion (i) will be reduced to zero balance while portion (ii) will remain the same balance as the beginning of tenure and has to be settled in a lump sum payment.

EXAMPLE ILLUSTRATION

Consider Mr A plans to take up a home loan of RM500K, tenure 30 yrs, interest is priced at BLR -2.3% (BLR = 6.3%, effective interest rate at 4%).

1. Conventional Home Loan

Monthly Installment = RM2,387.08

The home loan has its interest calculated based on the previous day outstanding balance. When the outstanding being reduced, the interest due will be reduced in proportion as well.

1st Month; Out of the RM2,387 monthly installment, RM1,666.67 is the interest due based on the outstanding amount of RM500K while the remaining RM720.41 will be used to knock-off the principal.

Note; RM500K X 4% X 30/360 Days = RM1,666.67

2. Balloon Payment Mortgage

Consider Mr A decided he is going to settle 50% of his total loan in a lump sum by the end of the tenure, thus loan amount will be :-

Portion (i) = RM250K
Portion (ii) = RM250K
Total = RM500K

The monthly repayment calculated based on balloon payment is RM2,026.87, which is RM360.21 lower than standard scheduled monthly installment. How does it work? Portion (i) will have its monthly installment calculated based on amortization method :-

Thus, portion (i) will have a monthly installment of RM1,193.54 only.

1st Month; Monthly installment consists of RM833.33 interest due and RM360.21 to knock-off the principal.

Note; RM250K X 4% X 30/360 Days = RM833.33

While portion (ii) will have a definite non-reducing principal loan of RM250K. Each of the months, only interest will be served. Interest due for each month :-

RM250K X 4% X 30/360 Days = RM833.33

Thus your total monthly payment is RM1,193.54 + RM833.33 = RM2,026.87

It is clear that every payment will only serve interest incurred in portions (i) & (ii) and principal of portion (i) only. The principal in portion(ii) will NOT be served.

Outcome :-

1. Month repayment of a balloon payment mortgage will be lower than conventional ones. Based on rule of thumb, repayment will be lower by :-

15% - if portion (ii) is 50% of total loan amount
12% - if portion (ii) is 40% of total loan amount
09% - if portion (ii) is 30% of total loan amount
06% - if portion (ii) is 20% of total loan amount
03% - if portion (ii) is 10% of total loan amount

2. Interest cost will be higher with balloon payment mortgage, (if no refinancing and no additional payment). Based on rule of thumb, total interest cost will be higher by :-

30% - if portion (ii) is 50% of total loan amount
24% - if portion (ii) is 40% of total loan amount
18% - if portion (ii) is 30% of total loan amount
12% - if portion (ii) is 20% of total loan amount
06% - if portion (ii) is 10% of total loan amount

Usage :-

Balloon payment is used to be a short term arrangement as it lowers the monthly installment at the cost of increasing interest cost throughout the tenure. Normally, investors and those homebuyers who look for better cashflow position in short term will look for this option.

source:propertywtf

this is the place where you can kill all your computer virus and automatically cleans it.

Transmission Control Module

A computerized part of an automobile that controls the gear shifting feature is called the "transmission control module". This part is found in cars with an automatic transmission. The component is located in the rear section of the vehicle's engine behind the firewall. This module receives data from a part called the engine control unit. The data then sent to it to determine the timing and method of gear changes.

This control module has a role of regulating fuel efficiency and power by sending signals to the lock-up clutch that it receives from sensors. It also stores information in its memory about the car's transmission system. This information adjusts the shifting mechanisms for the various driving conditions.

If this module is defective in any way acceleration of the vehicle when the gas pedal is pressed can be delayed. It can also have an effect on the automobile’s performance when it is shifted into drive. This effect causes the vehicle to sound as if it is still in neutral. This computerized part contributes to the cars mobility.

Engine Control Module

Any operation in the car that helps it to run smoothly depends on an “engine control module” operating in peak condition. This component in the car is computerized also. It controls the ignition timing and the amount of fuel injection. It is a component that is replaceable if it starts to malfunction. The air and fuel mixture that the vehicle uses and the fuel injection timing helps with maintaining and improving engine performance and the fuel economy. The condition of the engine is effected if this component starts to malfunction.

Pre-owned components of this module for various makes and models of vehicles can be found in stores that specialize in these parts. Replacing these parts with like parts made especially for use in the specific model of the owned vehicle is important. Buying a used component to replace this part makes it more affordable. The engine control model switch can also be replaced if it malfunctions. Care must be taken that the replacement part fit’s the component that is currently in the car. These replacement parts feature easy installation and come with proper insulation to ensure safety.

Ignition Control Module

A car’s ignition system comes with an ignition coil that converts the amount of voltage needed to spark the spark plugs. This electrical current is managed by the “ignition control module”. This component is mounted on the engine. However, it is a heat sensitive component that is protected from the heat generated by the auto’s engine. This is done by covering it with insulation that is applied around the internal circuitry. Some auto manufacturers also put a heat shield between the engine and this module.

This module’s function is to switch transistors on and off. This feature is controlled by input produced by the magnetic pulse generator in the distributor. An AC voltage signal that relates to the speed of the engine and crankshaft’s position is transmitted by this generator. The purpose of the control module is to change this analog signal to digital. The digital signal becomes an on/off signal for the ignition.

These signals control the start of an engine. This is done by the engine control module signaling the ignition control module through the trip of a switch in the ignition. When this switch is tripped, signals activate the primary circuit transistor from signals that are received from the engine control. The ignition’s timing is based on engine information sensors. Some of these sensors are engine load and engine speed.

This module is very important to the car's ability to start. When the ignition key or button is activated, this component controls the power that is sent from the battery to the starter motor and the starter solenoid. If this power is not sent to these two parts, the car will not start. There's a trouble shooting technique that will confirm the condition of this component.

This test involves turning on the headlights in a garage or at night. Turn the lights on and turn the ignition to the "on" position. The headlights should dim if this component is working properly. The diming of the lights proves that the ignition part is functioning properly. Each of these parts are replacable at various auto parts stores.

ONLINE businesses are becoming more and more popular as a source of side income, and some entrepreneurs are also able to live completely off their online earnings alone. For some, however, it can be a daunting task to get a web business up and running.

But it doesn't have to be, with these eight simple steps.

1. Buy a domain name that is related to your online business. If you are selling gardening tools online, a good domain name would be www.cheap-gardening-equipment.com, rather than www.gardntoolz.com. You can purchase a cheap domain name at www.namecheap.com or www.godaddy.com.

2. Get yourself a web hosting account to store your website on. Google web hosting providers' and you will have a large selection to choose from. I would suggest a cPanel-based hosting account (just ask your web host to show you which packages are cPanel-based).

Lee: ‘Business is a marathon, not a sprint. don’t give up, keep persevering and you’ll eventually get to your goal’

3. Install a website on your hosting. My suggestion would be to install Wordpress onto your website, as it is the most commonly used open source website available online and it's free too! Again, ask your web host to give you a tutorial on how to do this; they'll probably even have videos or a step-by-step guide for you to follow.

4. Install a free theme for your website. Go to http://wordpress.org/extend/themes/ and take your pick. Installing a theme can be done in one click.

5. Find something to sell online. You can either source for or create your own products, but selling other peoples' products as an “affiliate” would be a faster way to start. Commissions are typically 50% to 70% for electronic products and 4% to15% for physical products. You can try www.clickbank.com or https://affiliate-program.amazon.com/ to find products to sell online.

6. Go to paypal.com and register an account so that you can start receiving money if you are selling your own products or services online.

7. Drive traffic to your website by telling friends on Facebook and Twitter, by writing articles on your website to generate search engine traffic, participating in discussions in related forums or blogs and even give Google and Facebook advertising a try. Track your web traffic by using www.google.com/analytics to see where your marketing dollars are going.

8. Repeat step 7 and don't give up!