Dr_PepPeR

Sir how come you have so many pero d mo naman binubuo.....

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Seven reasons:

1. I have AMS (advanced modelers syndrome).

2. I am fond of multiple projects.

3. I have work.

4. I have a life.

5. I go online.

6. Some three letter words are better than K I T.

7. I didn't know I have to finish them.

ano yun power rack? wala ata sa legaspi nun? ano ba pampalaki ng thighs and legs? payat kasi legs ko eh.

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Squats will help build up your legs, as will leg presses, deadlifts, leg extensions and hamstring curls.

Eto po ang power rack:

http://www.newyorkbarbells.com/92563n.gif

Gusto ko din yan.. pampabilog ng butt daw.. so ginagawa ko na lang.. para dun nga ba yun?   

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Definitely is

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For me it hits the glutes and hamstrings, you just have to get down low. Nothing beats squats for overall leg muscle group development.

bakit kaya ang bond fund ng BDO eh  lage pababa ng pababa una ok naman tumataas na ngayon mejo malaki binaba kawawa naman kami naginvest sana umayos na lahat

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Please bear with me. BDO's bond fund, like many bond funds, suffered because interest rates started to go up. Since UITF funds are valued at market prices, it caused the long term bonds to go down in price as the law of supply and demand started to operate. If I was a bond trader, I would rather get a 1-year instrument that gives 7.5%p.a. than a 7-year instrument with the same rate, so bond holders started unloading medium to long term bonds to get shorter term instruments prompting the price of the long term bonds to go down. Then redemptions of panicked investors started to kick in and in order to service these withdrawals, UITF fund managers were forced to sell off more of the long term bonds, further pulling down the price of these bonds, consequently pulling down the NAVPUs as well.

If you are one of those who came in at a higher NAVPU than what it is now, and decide to redeem, then you will realize your losses. The better strategy is to wait until the NAVPU recovers, and it will at some point in time because the economic conditions will eventually correct the rise in interest rates, sooner if the BSP decides to intervene. Just give it some time. UITFs were intended for medium to long term investment horizons, meaning that your fund manager has over a year or so to give you investment income higher than money market or time deposit rates.

TRUST INDUSTRY TAKES ON MARKET CHALLENGES

By Gerard S. Dela Pena

Business World, Wednesday May 31, 2006

The ecnomic turnaround in the first quarter of the year has raised hopes among investors that investment channels such as trust products would provide better yields. With the economy exhibiting a better performing stock and foreign exchange, as well as a stronger domestic liquidity, it seemed like there was no other way for the trust industry to go but up.

Despite recent events that hurt the unit investment trust fund (UITF) business, industry players are still optimistic that the termporary aberrations in the world market can make investing in times of crisis an opportunity to reap future gains.

Steep Climb, Sharp Drop

The continued interest rate hikes in the United States have become a major challenge for the local UITF business. Amidst the downtrend of itnerest rates in the Philippines which bottomed out in April due to a "better-than-expected" budget gap, the local economy was not spared from the effects of the uptrend in the U.S.

For the past three years, the US has experienced 16 interest rate hikes due to inflationary concerns and tightened spending, creating a negative impact on the world market.

As expected, this steep climb of interest rates pulled down the prices of bonds and net asset values per unit (NAVPUs) of UITFs. With this, financial experts predict possible losses of 10% to 15% of principal investments in such funds.

Worried over the possible losses, a lot of investors pulled out their investments, making the market all the more volatile as fund managers were forced to sell of their holdings to fund withdrawals, Trust Officers Association of the Philippines (TOAP) President Ma. Lourdes T. de Vera said.

"It's the first time in UITF history that there was a reversal of trend (drastic drop and interest rate hike). That's the reason why people got nervous. I hope people will eventually get used to the fact that there are risks associated to the product," she said.

However, Ms. de Vera made it clear that an investor may minimize or regain his losses if he were to widen his investment time horizon.

"The key to investing is time. The longer you are investing, generally, the better your yields," Ms. de Vera said. "This (massive withdrawal) will eventually simmer down and people will realize that they should be long-term investors so that they may earn their projected gains. If you're a long-term investor, you should be risk-tolerant. You should not be alarmed if the value of your fund is going down. That is only a temporary event."

TOAP is planning to impose safety nets on the offerings of member institutions wherein fines will be incurred should the investor redeem his investments before the minimum holding period of a particular fund.

The preferred minimum holding period is six months for money market funds and one to three years for bond funds, Ms. de Vera said.

Growing Pains

The projected losses in principal investments in UITFs, however, are not an indication that the entrie trust industry is weakening.

According to September 2005 date of TOAP, other trust outlets such as employee benefit plans, personal trust, investment management accounts, and pre-need plans post yearly growth of 10.82%, 24.42%, 33.84% and 2.82%, respectively, as compared to end-2004 figures.

Ms. de Vera added that not all trust products are affected by market volatility, as these pertain to traditional trust arrangements.

And despite the crunch in the world market and its recent introduction, the UITF has posted significant gains, hitting P122.9 Billion by end-2005 compared to P26.4 Billion when it was introduced in June last year. The size of the UITF buisness is pegged at P230 Billion as of March this year.

"(UITF) is a new product; there are growing pains, I think, no, the customers as well as the banks know better what the important things to consider are," Ms. de Vera said,

Best Practices, Global Standards

But as far as UITFs are concerned, the trust industry cannot simply wait for the volatility in the market to calm down before making the right move to improve the industry.

One way to realize this is to create a set of uniform standards across the industry. As of the moment, TOAP has already adopted standards such as having absolute instead of annualized basis in giving quotations, and providing disclosure of detailed information to clients such as name of the fund and institution, investment portfolio, currency, fund classification, returns, minimum term, and risks, among many others.

"It took four years to put up BSP Circular 447 which governs the UITF because it has to be of global standard," Ms. de Vera said.

In addition, she mentioned a number of practices that can be adopted by trust entities to improve the business.

She said that keeping abreast of technology will enable one to be updated on the movements in the world market, allowing a trust entity to act accordingly.

She added that keeping tabs on regulations may enable a trust institution to see how it can improve its business and operations in accordance with the new rules imposed by the government.

Opportunities

While the industry still has to wait for the volatility in the market to calm down and see the business pick up again, Ms. de Vera said that such challenging times may provide opportunities for investors.

"Things do not permanently go up. They have to come down at some time. As of now NAVPUs are down and interest rates are high, so its's practically a good time to get in. I hope the real investors realize that opportunity. The industry will surely come off better after all these events, after all the dust have settled," she said.

My dearest Ms. K,

How long has it been, three months? No texting, no instant messaging, no looking at your profile for your last visit, no looking for your posts, nothing, nada, zilch. It was getting easier everyday. Each time I think of you I just post the avatar of you and Mr. L in my mind, add sound, add dialogue, presto! Yearning converts to anger faster than Einstein could have imagined.

When I agreed to see you, it was with the confidence that I had gotten over you.

You see, I still don't know myself.

I still love you Ms. K. I still get thrilled each time you play with the fingers of my hand, and run curls with your fingers in my hair.

I want to die.

oo! inaamin ko! Nancy Drew ang binabasa ko noon!

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That's OK. I remember reading Heidi about 3 times and crying while reading it. Same thing with Black Beauty.

I have this book by readers digest. Its all about WW II. It gives you an account on critical things that happened before the pre -war time to the victories of the Allies. It gives details on on how the war started, characters who performed critical roles in the war, and deciding battles that shifts the tides of victory and what blunders and miracles prolonged the war. A great book i would say.  :thumbsupsmiley:

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Where did you get it?

i just assembled USS Arizona battleship 1:700 scale ....lintek sarap sa hirap mga pare..hehehehe.....hirap gumawa ng mga masts....

 

i got it mura sa isang hobby store just for 220 kasi bagong brand Minihobby Models (made in china)...details are okay...ill post picture later...

 

this is my first attempt sa battleships.

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Minihobby Models is also by Trumpeter, it seems to be their low-end brand kaya cheap lang yan. I was able to get a 1/48 Hind for less than P400 so I bought the two versions. Did I ever mention that I have about 600+ unbuillt kits? My wife thinks I'm a scale model kit collector and that I should be posting on the colletors thread.

Wala pa bossing Im saving for a Force FX lightsaber plus a jedi costume for the 4th sci fi convention.....

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Ah OK at least you're not a trekker!

lets say the scenario is this. 1997, client died. account was put on hold. 2006, heirs with complete documents claim the money from the bank. are they entitled to the interest earned from 1997-2006?

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Yes of course. If the account was a savings account, they get savings account interest. If it was a money market account, they get what was earned thru roll overs if it was in fact rolled over. Some banks just simply put it in savings if there are no instructions, and in that case, whatever the savings interest rate was earned will also go to the heirs.

maunong ako sumayaw..  :boo:  tara decades tau... :boo:

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If you know swing and boogie, tara!

hi guys...........

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What kit are you working on now sir?

May problem ang Tamiya Spray Works compressor. my compressor's gasket dried / cracked up after around 5 years & you have to replace the whole unit (e.g. disposable). I just jerry rigged my airbrush now to an ordinary compressor. Pwede kasi rubber tubing (like in the hospitals) naman kasi yung air hose.

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Hey galing ah! I never thought about using rubber tubing for the airhose. I always have a problem with Badgers, you had to use a Badger airhose with them because the connection to their airbrush is non-standard. I was looking at connection adapters to remedy this but I still don't know if it will work with the airbrush. Thanks again for the tip!

yung mga cheap kit *500-900* ok ba yun pang trial and error ??

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OK na yan.  Maganda pa nga yang ganyang price range.  May masmura pa.  Anong kits ba ang iyong hilig?  Planes, cars, armored vehicles (tanks, etc), ships, scifi?

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For me the 500-900 range are not cheap kits. The old (as in 70s pa yung molds) Tamiya, Academy and Dragon kits fall into this range. If you are not into rivet and shape accuracy, these kits are fine. Like floppydrive mentioned, there are older and cheaper kits available for practice, especially the old Academy kits and those Chinese brands that Winston sells in his stores. They are cheap because they are copies/knockoffs of other kits but they are perfect for trial and error. At the 500-900 range, the kits are decent enough to display after building.

ano recommended best buy bang for your buck na airbrush ngayn? need to buy a new one..pls help

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For me its still the Tamiya Spray Works. It comes with a decent compressor so in the long run it is cheaper than buying a separate airbrush and then getting a nice compressor or those cans of compressed air. If you do buy just an airbrush, get a decent one from Badger like the 150 dual action but OK na din yung ibang models nila except for the one that has a large paint jar attached to it parang 950 yata yung name nun. Suggest ko lang don't buy the cheap compressors na pulse type (it has a diaphragm sa taas) that cost mga 2 or 3K, erratic yung air pressure (kasi pulse nga eh) and maingay siya.

i am not working in any of them, and i dont intend to, even if i am invited to be part of the firm.

 

what they can do, any lawyer can

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Jopoc's comment is true as a general rule. A solo practitioner can most certainly do the legal work performed by the country's big law firms. However, in reality, solo practitioners are, by far, not exposed to the huge cases handled by the said firms primarily because such cases require manpower. Special projects for instance involving the merger of banks and other corporations are more often than not handled only by the big firms although individual lawyers who have acquired considerable experience on the matter may be hired as consultants. The same manpower requirement is true for huge-scale IP enforcement involving search and seizure operations against numerous establishments. Thus, the end result is a perpetuation of the expertise and monopoly of huge or middle-sized firms with regard to legal work concerned. In sum, and as a general rule, working in a law firm mentioned above will expose a new lawyer to opportunities not otherwise available to a lawyer working alone or for a corporation. The advantage of a new lawyer working as a solo practitioner or in a small law firm is that he will most likely be exposed to the nitty-gritty of litigation work at a faster rate than his colleague working for a huge firm. Dahil nga solo o maliit na law firm ang pinapasukan, mas natuto agad ng trial work kasi nga walang choice coz wala ng ibang gagawa. Large  or middle-sized firms have a tendency to "baby" new lawyers when it comes to  actual litigation or trial work. Kaya if you compare a one-year lawyer working for Sycip to a one-year solo practitioner, mas maraming alam sa trial work yung solo practitioner.This advantage, however, is somewhat tempered by the fact that the written work (pleadings) of the lawyer working for any of the firms mentioned above is generally better than those of the solo practitioner.

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As far as I know all those big shot law firms do their hiring by invitation. As you can surmise I didn't rate an invitation. Whaddahell, I'm now in marketing, sour grapes and all.

as we knew them, most probably. but a new generation of 'battleships" are being designed and some possibly in the works.

 

you could still call it "battleship" in that it still incorporates the three basic defining components: speed, armor protection and firepower.

 

land attack ships (for littoral warfare and ground support) are being seriously studied, as are weapons requirements. the basic findings:

 

1. current ships (corvette to destroyer size) lack armor protection for close-in action. direct armor plating is considered (similar to new jersey and yamato). indirect protection, basically building miniscule internal compartments, like in the bismark, is not likely.

 

2. the current guns, the 76mm and the 5"x54, lack power and range. currently studying to extend the 5" range to 70 miles and develope a new 8" long range gun.

 

land attack ships will still be using long-range cruise missiles as primary attack weapons but they will need guns. unlike missiles, it's so easy to saturate a target within range using gunfire. a spotter relays extent of damage and change in target locations, the gunner adjusts, and then pours it on again. nothing plasters a target better than large guns.

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Good points. I was thinking of how the Navy would support a large scale amphibious invasion, similar to those staged in WWII. AFAIR the Navy used battleships, cruisers and destroyers as floating artillery to reduce beachhead strongpoints. As you said, land attack ships would really need guns, as there is still no substitute for artillery to saturate targets. So this means there are no dedicated ships that can serve as floating artillery in the same manner that battleships used to do in the Pacific in WWII?

Comments modified upon the persuasive argument of my good friend Mr. Faux

 

He is, of course, right.

 

:thumbsupsmiley:

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Awww shooot, I was about to comment on this when the message was edited. Anyway, from a banker's viewpoint, whoever is entitled to the account also gets the accrued interest. Prescription? For bank accounts there is escheat proceedings if the account has remained dormant, otherwise, the bank will just wait for the proper documents to be presented by the heirs.

It's the similar to when you first learned to write your name on paper.  At first, it won't be straight or even or within the lines, but after some time, it get's better and better.  Of course, before the first penmanship test, we all practiced on scratch paper. 

 

But it's natural to find some people who are too excited with the airbrush that they want to paint directly on a model without gaining the basic skills.  I think I belong to this group. hehehe.  I got my first airbrush at 13 years old, stuck the paint jar directly without diluting the paint, and started painting a space shuttle!  Buti na lang 3 colors lang yun model, at black yun ilalim.  Hindi halata na magaspang yun paint job kung nakasabit mula sa kisame. 

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That's true, practice makes perfect, especially in building kits. From assembly to painting, the more kits you do, the better you will become at it.

Ok....trial en error???....di ba magastos yun....lalo na kung lalabas pangit gawa mo.....

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You can use the airbrush on scrap pieces of plastic first before you shoot it at the kit.

Oo nga, around 18K siguro kung sila magbebenta.  Pero sa ganoong presyo, baka hindi na nila ipasok.  Wala pa akong nakikita sa shop nila na lagpas ng 6K.

 

Ang Fine Molds naman ay talagang magaling gumawa ng kits.  Talagang accurate.  Biruin mo yung X-Wing kit nila na nilabas ay pwede mong gawing Red 1, 2, 3, 4 at 5.  Magkakaiba ang details ng bawat isa pwera sa wing decals.  Iba-ibang combinations ng Astromech Droid at engines.  Pati yun nakuha nila.  Nga pala, si Luke Skywalker ang Red 5.

 

If you're interested in a Falcon, try looking for the APC/ERTL version.  It's slightly bigger than 1/72 scale of Fine Molds (according to Scott Hards of HLJ.com).  The only very obvious difference is the engine detail.  The APC/ERTL kit has a blue-white cardboard-on-clear-plastic engine, while the FIne Molds has a grill design, which is more accurate.  Reason for this was the APC/ERTL version was designed ang sold for the first trilogy, up to the analog Return of the Jedi.  Fine Molds based their design on the 1997 digitized A New Hope.  The Mos Eisley scene where Jaba talks to Han shows the engine shut down, thus the grills.  Anyway, a good scratch builder can easily retrofit the APC/ERTL kit with a similar grill, and total cost will not reach the price of FIne Molds.

 

Haven't tried Wipe and Shine yet.  Still have some Future left, and to think I gave half of it to another builder 3 or 4 years ago.

 

Re Enterprise, I didn't paint that.  The kit came prepainted.  Notice the parting lines on the edge of the saucer?  hehehe -  demistifying the AHHH efect of the kit.

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I asked someone from IPMS Philippines BAC, the Finemolds Millenium Falcon 1/72 is Php9.180.00. Still too expensive for me.

Here's a better picture of the Enterprise.  The Aztec molting is clearer.

 

 

The black background gives a better contrast than using a flash.

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Heyyyy nice paint job!!! I can see you did individual panels! Clap clap!!

DR. Pepper, Yu-gi-oh,

The Fine Molds 1/72 scale Millennium Falcon is JPY19,000++.  If you order it thru the internet and have it delivered, the landed cost would be around PhP12,000 to 15,000.

 

Medyo mapapaisip ka bago bumili.  Tapos kailangan paghusayin ang pagbuo.  Sigurado iiyak ka kung pangit ang lumabas.  Bye-bye 15,000!

 

Here's another model I made several years ago, trying out future floor wax as gloss paint.  Up to now it still looks ok. No decal discoloration.

 

 

It's a 1/20,000 scale Thuverl-Salan ship of the Zentradi Fleet.

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Wowwww! That expensive??? Kung kay Winston yan eh di mga 18K easily yan! Fine Molds are really expensive kits so that shouldn't be a surprise kaya lang styrene plastic lang ito hindi naman resin eh. Ang daming DML 3 in 1 kits na yan ha. Pass muna ako sa Millelnium Falcon, will just get the Bandai Batmobile.

BTW nice build! Have you tried Johnson's Wipe and Shine? Its our local Future!

Rates are starting to go down, NAVPUs are starting to go up. Hopefully next week back to normal.