This month we will be celebrating leap year. Those who are born on 29 February can only celebrate their birthday once every 4 years. So what is leap year? A leap year is a year containing one additional day added to keep the calendar year synchronized with the astronomical or seasonal year. Because seasons and astronomical events do not repeat in a whole number of days, calendars that have the same number of days in each year drift over time with respect to the event that the year is supposed to track. By inserting an additional day or month into the year, the drift can be corrected. A year that is not a leap year is called a common year.
Every 4 years, we are given one extra day (29 February) to spend on things we liked. Unfortunately, most of us are working, so it simply means that employers who pay fixed salaries get an extra day of work from their employees for free. It also means we get an additional day of trading for this year. So Happy Trading and I wished everyone here Happy Lunar New Year 2016! Huat ah!
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