Monday, August 24, 2015

Kwebang Lampas at Puting Buhangin

Every year, as the summer approches, we are busily searching for places to spend the our weekends with. This year we opted for more beaches than pools. Running out of options given with the limited budget, the tripadvisor was an angel. A few taps and there you go, Kwebang Lampas and Puting Buhangin in Padre Burgos Quezon showed up!

On our first trip, it's just the 3 of us, me, my hubby and our li'l daughter. Now how to get there?

1. By private vehicle (recommended) - from Manila, expect around 3-4 hours travel time depending on the traffic. Best route? Via San Pablo Laguna to Lucena then to Pagbilao. When you are in Pagbilao, better ask the locals for Kwebang Lampas.

They should tell you that the easiest way is going through the power plant. Going to the power plant is just a straight route, you will have to enter the power plant though in order to reach the beach. Don't worry, a guard at the entrance of the plant will show you the way. Expect a 5 minute more drive to a rough road before you reach a swamp where a boat is waiting to transport tourists to the beach.

You have to leave your car of course, we've been there twice and in those times we have not encountered any problems leaving the car behind. There is a parking fee though of 100p, while the boat ride is 25p back and forth.

2. Commute - From Manila, you can ride a bus in buendia going to Lucena, fare is less than 200. Then catch a jeep to Pagbilao Quezon. From Pagbilao, it is easier to contract a tricycle driver to take you to Kwebang Lampas.

What to expect?
As stated earlier, a boat will transport you to get into the beach but hold, you are not yet in Kwebang Lampas but very near now. Once you unloaded on the boat, you can either transfer to another boat, cost is around 250 to take you to Kwebang Lampas or you can walk for about 10 minutes. In our case it's around 15 minutes because we have a 3year old daughter with us. There's no guide to help you on the trail but you won't get lost.

Once inside, you have to pay for the boatride (25p), parking fee (100p), entrance fee (100p) and cottage if you want one or if you have brought tent just like us then you can just set up the tent at no cost.

As we go closer to the beach, we are mesmerized by the view. The water is crystal clear and though the sand is not as fine as the sands in boracay, they are far better than the ones in laiya. There are no waves when we were there, some may say coz it's summer but no, we went to laiya and real quezon that summer time too and the water is not as quiet as this one. The place is indeed very relaxing.

So why kwebang lampas? It is because there is cave on the side, lampas because it is open on both sides, on high tide there is water inside and you can see schools of fish inside. It is amazing you can hear the water breathing through the stones. On low tide however, there is no water and it's full of stones but the view on the other side of the cave is mesmerizing. You can just sit there watching the waves,  or wait for the sunshine to go down.

If you have not any tents or food with you or lamp we suggest not to sleepover as there is no place to buy for a full meal, no electricity at night and no room to rent for overnight stay. There is a store but only offers snacks,  a bonfire may be good though in exchange of the electricity. Oh and you have to buy water for the shower, the place don't have fresh water readily available. They are getting it from the other side so it is quite costly, 50p per pail. 

So there, hope this helps. If you are into nature, this place is very much worth the visit. We've been there twice and still planning for our 3rd visit.

Sunday, May 18, 2014

Summary of Basic Book for Beginners in Option Trading - Stock

Basic Book of Options Basic: Stock

Stock
A stock is simply a unit of ownership in a company.

How Stock is Priced?
The price of a company's stock is based on the net value of the company (assets minus liabilities) PLUS some amount over or under the net value. There are dozens of statistical formulas to assist in calculating what a stock is worth. For example, the “P/E ratio” is one of the more familiar terms you will hear when talking about stocks. This is simply the price of the stock (say $50) divided by its earnings per share (say $2.90) – or how much the company makes.

Three main schools of thought regarding stock evaluation:

A) Technical Analysis
Technical analysis is the study of charts and past price movement of stocks in the attempt to glean a forward looking guidance to future stock movement.

B) Fundamental Analysis
Fundamental analysis is the more scientific method of determining future stock prices via the use of ratios and statistics as illustrated in Figure 1.3 ratios.

C) Random Walk Theory
Random Walk (RW) theory is the mathematical formalization of successive movements in order to explain stocks, psychology, physics, biology, economics and chemistry. RW theory has also been called “the drunkard's walk” because the markets move in a random fashion and cannot be predicted. Since Princeton Economist Burton Milkiel wrote the text “A Random Walk Down Wall Street” in 1973, RW theory has been accepted as fact by many economists and large proprietary trading firms. Random Walk Trading believes that evaluating stocks and trying to predict the future is too slow and difficult of a method for making money in the markets (for all but a select elite group of individuals). It is our belief that winning in the stock market can be best accomplished through superior strategies. More extensive material can be found in any library or bookstore if interested in further reading.

How Money is Made on Stock?
A. Buying Stock - Money is made on stock as the price of the stock increases if you own the shares. The formula is very simple. All you have to do is multiply the number of shares by the amount of the move, and this will tell you how much you have made (or lost on the stock).

B. Short Selling Stock - Money can also be made on selling stocks that you do not own. This sounds almost illegal, but it is not. It is actually done all the time in business.

Often people with little or no knowledge of stocks and/or options have a strong suspicion that a certain stock may decline in price by a large amount. You hear, for example, that there may be an accounting irregularity at a firm called Enron. Despite the superior reputation for excellence, brilliance and ethics that Enron has, you know what devastation even false rumors can have on the price of a stock. Certainly there must be a way to profit from the inevitable decline in the price of the stock before these false rumors are cleared in the next few months and this wonderful stock bounces? Typically, people buy a stock and then sell it after it goes higher. Here we are going to do the same thing, just in the reverse order. We will sell a stock when it is high and close the transaction when buying it back at a lower price. This is called “short selling”.
As stated, the process works the exact same way that buying a stock to sell at a higher price works, just in reverse. Technically, though you need not concern yourself with the details, you have to “borrow the stock” from someone in order to sell it. Once borrowed, the stock is then sold and you can buy it back anytime you want. At the time you buy back the stock to close the transaction, you then deliver the shares back to the person you borrowed it from and the transaction is closed. The difference between where you sold it and bought it back is the profit (or loss).


Full text is available in the Random Walk Trading website

Other Topics:
  1. Stock
  2. Options
  3. Options in Action
  4. The Greeks
  5. Naked Options
  6. Straddles & Strangles
  7. Vertical Spreads
  8. Vertical Spreads Criteria
  9. Stock Protection
  10. Shaving Bid-Ask Spread