I believe s&p500 can hit 6500 next year. For now, it is still good to buy but I won’t go all in. And I will look to exit next year and prepare for the dip. Bonds are not better than stocks in terms of returns too and I won’t be buying bonds, especially with the expectation that rate cuts won’t be massive. @Wayneqq @SR050321 @Success88 @Kaixiang @DiAngel @rL @SPOT_ON

I won’t consider it a value investment its valuation is now high. I don’t think it’s future sales or growth justify this valuation. Tariffs might reduce the import of EVs but there is also a risk of retaliation where other countries would also try to inhibit the sales of Tesla in their countries. I wouldn’t consider it as a meme as well. The rapid rise of price mainly reflects the market’s optimism with Trump as the new president and potential benefits that it would bring to Tesla. @Universe宇宙 @Fenger1188 @HelenJanet @SPOT_ON

Worth trying! Especially if I’m already for Trump, then why say no to potentially extra cash for your own beliefs? Conversely, if I’m not for Trump, then maybe not. The future of a country and my future, job prospects and life is worth more than that minuscule chance of winning this lottery. The risk is just too great even for 1 million.

I believe November will soar once the presidential election is over and there is clarity. Of course, we have to hope that the new president will say things that will boost market sentiment. Nov has the singles day which usually is good for China tech unless sales fall short of expectations

Best buy is my Apple iPod- useful for music and all my online music. Heard that there is now a new function to test hearing function. I’ve not tried it yet. I’m still young, hearing should be ok right?[Grin] @Success88 @DiAngel @Kaixiang @SR050321 @Universe宇宙 @Wayneqq @rL @SPOT_ON @HelenJanet

Replying to @MHh: @Fenger1188 @HelenJanet @SPOT_ON @rL @Wayneqq @Universe宇宙 @SR050321 @Kaixiang @DiAngel @Success88 come join//@MHh

Meme stocks are the ones that rise when they are without fundamentals. HK stocks drop even when the company is doing well—plenty of such, throw a stone and hit a dozen[Facepalm]

@SR050321 @Success88 @DiAngel @Kaixiang @Universe宇宙 @Wayneqq @rL @SPOT_ON @HelenJanet @Fenger1188 come join

I’m always tempted to bet on meme stocks but the rational me will just stop short of buying as the volatility and lack of fundamental basis is beyond my risk appetite. Meme stocks returns and fades with no reason and I think it is returning again! I’m not so sure about carvana but I will definitely keep an eye out for it!

I won’t be watching the swimming World Cup in person. I prefer watching sports on TV in general, in the comfort of my home and with replays. I only watch in person to enjoy the excitement of the crowd. Most Singaporeans focus on health during the pandemic because life and mainly work comes to a standstill. I was still very busy during the pandemic. I do try to participate in sports but the flesh is weak… am I’m not a strong swimmer[Facepalm] I do hope to be able to find time to be more active in sports for the sake of health and as a form of engagement and spending quality time with family and friends!

Totally feels like casino play to where a DJT stock is bought to signify support for a trump win! I feel that it has gone too crazy up, that it feels like a meme stock. I won’t touch it as beyond my risk appetite. The few polymarket are manipulating the prices but not necessarily sure win. I do hope that the election results will be like 2016! I won’t be betting/ gambling on the US election.

Who says they must be mutually exclusive? They now appear very much in partnership than in trump’s previous term. Even in his previous term, Tesla did well. Tesla’s performance has to do more with its sales, profit margin, ability to compete with its competitors, geopolitical tensions as well as whether it can continue to surprise or deliver what the market wants such as the robo taxi. EVs generally has performed well for the other brands and I do expect similar performance from Tesla. So, I do expect it to hold $220.

Definitely Trump. He is definitely better for the economy with rate cuts, aims to stimulate growth, contain inflation and reduce illegal immigration. All these are favourable for the economy and enhance the chance of soft landing and will likely boost the stock prices. Harris cut tax for the middle class but they need a good economy to keep their jobs and get good pay which she won’t be able to deliver! Purely from the economy and stock prices viewpoint- It has to be trump. Of course, he is contentious and people may not agree with his approach towards abortion and geopolitical relations.

It depends on the age and financial status of the young person. Everyone should first learn to save first because that is the easiest to learn and can be considered risk-free. Before anyone invests, we all need to have our emergency fund set aside first and that comes from saving! Once that is done, then we need to also safeguard with the necessary insurance bought. Finally, then I believe investing comes in. Saving and protection of wealth steps need to be reviewed periodically as our expenses and life stages change and we do need to provide for different ones in our lives. So, saving is something that can be ongoing as we go along with our investment. The most important thing would be timely review and using the right strategies to achieve our goals.

I did buy back a bit during the rally but im definitely looking to empty out all my positions in the China/HK market. Buying the Chinese stocks feels like a bet. It goes up and down dependent on the policies more than the fundamentals. Given the bull run of the US stocks, it’s quite impossible to buy losing stocks haha… very unlike the Chinese stocks where it is way easier to lose money than make money unless there’s also active trading.

I do see that as a buying opportunity. We have only heard of the first rate cut and can definitely expect more to come. With more rate cuts, we can expect the share prices to increase. So, this is really jus the beginning! In some sense, SREITS will behave like bonds. Buy mainly those backed by strong sponsors like CapitaLand and mapletree but would avoid those with China exposure to reduce volatility. I do like Keppel DC reit because of the pure data centre play and we definitely need the data centres and there will be limited supply in the years to come, making it in demand.

My skill sets are too niche for my current job that I don’t think I can survive by developing a side business. Also, a side business requires a business brain, the time and effort to manage which are beyond me…[Facepalm]