I should have exited.  With the drop, now back to square one. 

KISS. The essence of investing is making money. :)

Stories About Making Money The title is making money not investment. 😊 1. This real-life story was related to me by a friend when he was in investment banking many years ago. I have since lost contact with him which is kind of sad. :(  In his early years as an investment banker, he was posted to China to start the  branch office when China was opening up to the world. During his posting there, he got acquainted to a client who invested with him. My friend specialised in commodity trading, in particular, in oil and precious metal trading. According to him, this client took a bet on oil based on his recommendation. He staked all he has at that time, buying future contracts that oil would rise. Oil price rose just as my friend predicated and his client made a tidy su

It been one of my goals 20 years back and, sadly, I have yet to achieve it.

A friend in stock brokering asked - if mkt went up and stayed elevated when FED raised the rates, now that FED cut rates and we continue to think mkt will still moves up? What is the logic here? When will reversal take place if not now then when? Beware of news and media report , always exercise prudent and invest with caution...

Books 1. "The Intelligent Investor" by Benjamin Graham 2. "Rich Dad Poor Dad" by Robert T. Kiyosaki 3. “Think and Grow Rich” by Napoleon Hill 4. “One Up On Wall Street” by Peter Lynch 5. "Common Stocks and Uncommon Profits" by Philip Fisher 6. “The Complete Turtle Trader” by Covel, Michael W Have you heard of or read the above books? I did and I read more than that. Understanding the ideas, principles and strategies behind these books may not necessarily means you will be successful in investing. These ideas require you to have certain discipline and skill sets. And more importantly, patience. There is another part of  investment which you need to understand and that is your psychology about money and human nature. Stock Market Crises / Panic since 1995 1. Asian Financial Crisis (

$Tiger Brokers(TIGR)$ Dun be fool by the dips...

Corrections inevitable.  Consolidation is a must. Conserve cash. More drops coming? 

$NVIDIA Corp(NVDA)$  follow the smart money. he sold. So dun even buy?

Delayed effect. Buy Treasuries 1st.

$Tesla Motors(TSLA)$  Unexpected surge. thought it will briefly touch 200 n pull back but it simply charge ahead.   Tesla indeed. Good for the punters and so called investors.

Actually portfolio grows in values and has  positive return is the most important.  Consider  1. High  rate of small wins but 1 big loss that erase all the wins 2. High rate of small losses but 1 big win that more than cover the small losses. When those investor workhops talk about the important of high win rates, it hinges on the assumption that each investment is based on a same amount. In real life, we know it is not possible.  We read about Berkshire Hathaway magnificent return but this requires an investor tremendous patient to not cash out. How many can actually do that.  And how many can wait for that day to come? Depending on your age and year of entry,   you might be in your senior years to enjoy the profits and hope

No vested interest. Anyone who can provide some advice on entry price with substantial reasons are welcome. 

Have never go all in so far in life cos I know my limits, my character and my weaknesses. Passion alone is not enough.  Investment wise also never did an all in after being burnt in my early year of investing by a few stocks. So I realize I am not that talented at picking multi bagger for all in. Success favour the bold, the prepared, and the lucky one. I presume I m not the one. For every 1 success story we heard or know, probably thousands or millions fail or die trying.  So find a way in life and in investment that suit you best. 

Need some help to understand the option chain. Looking at the yellow circle. 1. Who set the 7.70? x43 means there are 43 contracts on offer? 2. As a seller, can he offer another price and contract?  3. Can he short (sell) if he have no  option on hand?

Replying to @Joeyloh:sad to hear that.  hope the stocks u r holding are blue chips and not those speculative types.//@Joeyloh:Lost close to SGD 100k investing in $Tigr

$Tiger Brokers(TIGR)$  $DiDi Global Inc.(DIDI)$  The 1st stock I bought when I joined Tiger. Stock now is mati.. This is what happened when the company is OK but govt makes an example out of it.  Dun know why  I so sway... 

$Tesla Motors(TSLA)$   No vested interest. I m bearish. But unlikely to deter die-hard fans, punters and opportunists to sing praises of Tesla and Musk.  Well, the price is fluctuating between 150 to 190. Short term hitting 200 is possibility but it could a touch n go. Long term I dun really favour Tesla.  The valuation is not justified at the moment.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$   I am just guessing. :) No gut cos  it is 3X meaning loses also 3X

The lottery number last week was US$56bn, the compensation Tesla will pay to Elon Musk. It was based on 303.9mn 10-year stock options granted in 2018 (or 1% in 12 tranches). To secure the options, the market cap must hit S$650bn, revenue US$175bn or adj. EBITDA US$14bn. Arguments for the compensation were that Elon should be paid based on what was already agreed and he could leave the company. Tesla has performed remarkably since 2017, where revenue has compounded 42% over 6 years. Shareholders benefited from the 10x surge in market cap from US$52bn in Dec 2017 but not the earnings. From 2018, net profit was a cumulative US$32bn. In fact, if we remove Musk's 20.5% stake, minority shareholders are paying him double the US$25bn net profit generated for them. Imagine a CEO who pays himself ev