Life Term Strategies

1. Huge Gains in Long Term
- Receive significant capital gains
- by investing in corporations
- (with wide economic moat & average peers’ net margin)
- In very very long term

2. Strong Periodic Cash Flow
- Maintain self-sufficient monthly cash flow
- Through dividend, gains on derivative & short term trading
- For re-investment to item # 1 mentioned above

3. Mind for Risk Management
- Ensure strong cash position
- Maintain low risk by continue monitor, analyze & feel:
economic trend & environment,
market condition & investors emotion
corporate performance & outlook
asset allocation & direction

4. Be a holy Christian investor:
- Invest in wisdom & varies ways, but consistent & not over nor under of what the Holy Bible expects a Jesus follower should be
- Keep regular & long term spiritual growth
Continue experience God @ finance market
Aim for life transform opportunities
- Even though it may not teach Billy & Bilibala what stocks to invest nor how to make more, more & more $

10.23.2009

China Life 09 premium

HONG KONG (Dow Jones)--China Life Insurance Co. (LFC), the country's biggest life insurer in terms of premiums, said in a statement Thursday its unaudited premium income for the January-September period was CNY237.3 billion.

The Hong Kong-listed insurer didn't provide a year-earlier figure for comparison, but last year it reported January-September premium income of CNY248.6 billion.

-By Lorraine Luk, Dow Jones Newswires; 852-2802-7002; lorraine.luk@dowjones.com

=> YTD premium down 4.6%, still in line with Bilibala's expectation. What drive an insurance company to be profitable is the value of new business (VNB) instead of merely premiums. According to 2q09 result, China Life's VNB rise significantly, let's see whether the trend will continue this quarter. If so, China Life's slightly drop in premium is not a concern, given the fact that its premium rise 57% on 9M 2008 compare to same period in 2007.
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