$Tesla Motors(TSLA)$ the euphoria surrounding the stock that partially arose due to the US Fed's money printing antics back in 2020/21 is now being checked by macroeconomics reality - we'd would have to wait for an alleviation of the dour state of economy or the irrational behaviour of fanatic investors (whichever comes first) to see a return to 2021 stock price highs.
$VinFast Auto(VFS)$ As someone who has taken an interest in the EV sector, I had actually paid attention to VinFast early on and was wondering how I could invest in the company. Unfortunately, since that first time when my interest was piqued, macroeconomic conditions have not exactly been looking that great (e.g., rising interest rates, possibility of global economic recession, etc.) to date. So when it was announced that VFS was going public via a SPAC, my feelings were mixed - I was excited but extremely wary at the same time. Truth be told, I contemplated buying the SPAC stock before the merger but hesitated after seeing (& experiencing) what happened to Polestar which similarly went public via a SPAC - its va
Options Trading During Times of Uncertainty - A Rookie's Perspective.
If you've read my previous post on "The Truth About Investing - What I've Learned Since Sep 2021", you will recall that my portfolio is currently worth 25-30% of what it was valued back in late 2021 when I first started serious investing in the stock market formally. Of course, every investor and trader will know that the dip in value of someone's portfolio currently may be attributed to rising interest rates (to tame inflation), which leads to concerns about the onset of economic recession. The peculiar thing about such a high interest rate environment is that typically good news such as a lower unemployment rate is taken negatively and the market trends downwards while typically bad news such as higher unemployment claims have the opposite effect. To season
Whatever that's happening right now just goes to reinforcing the fact that the stock market is irrational. I'm still watching on the sidelines and not buying - will sell if I'm in profit but not otherwise. Staying away from greed will help us to avoid a bear trap disguised as a bull run.
The Truth About Investing - What I've Learnt Since Sep 2021.
Whilst I had dabbled in stocks/shares early, I only got into serious, formal investment in Sep 2021. For experienced investors and/or those with a keen eye, you'd have realized that my formal entry into the stock market happened around when the bull market was at its peak. At that time, any and every other stock one had put money into would result in a positive return - it didn't matter if the stock was a solid one like Google or a dubious one (I won't name names but think along the lines of some of the meme stocks out there). Euphoria was everywhere and everyone was swept away by it, me included. As much as I thought I had done DD in the stocks I bought, what was green in my portfolio in late 2021 started to turn red as 2022 came. Buying into the idea of investing rather than trading, I h
Just as how the market was blind-sided by the Ukraine-Russia conflict, I think we all should keep an eye out for the once-again deteriorating US-China relations (in the wake of the Chinese weather balloon's intrusion into US airspace), apart from just looking at US economic data & the Fed's next move in terms of monetary policies. US Secretary of State, Antony Blinken has just cancelled/postponed a scheduled trip to Beijing in Feb 2023 after calling the airspace intrusion "irresponsible" (https://www.cnbc.com/2023/02/03/us-secretary-of-state-blinken-postpones-high-stakes-trip-to-china-after-us-discovers-suspected-spy-balloon-.html). Prior to this incident, it had been widely reported in various media outlets that US 4-star General, Mike Minihan, had predicted an open US-China conflict
Just as how the market was blind-sided by the Ukraine-Russia conflict, I think we all should keep an eye out for the once-again deteriorating US-China relations (in the wake of the Chinese weather balloon's intrusion into US airspace), apart from just looking at US economic data & the Fed's next move.
The Stock-Market Rally Survived a Confusing Week. Here's What Comes Next
Without fail, I will login to TIGR everyday to complete the daily tasks - this is the most basic thing that one should do to earn coins. Then when fun activities, like this one, comes along, I make sure to join in as much as possible to earn additional coins. My favourite activities would have to be those that have some form of gamefication or competition as these make earning coins more exciting ๐คฉ Earning coins through sharing meaningful investment posts is also good but because I'm not a professional financial advisor, earning coins this way is limited for me ๐
Rabbit year is good particularly for those born in year of dog, dragon & rat. I'm none of these...in fact, the rabbit is not so great for my Chinese Zodiac animal ๐ฌ Still, I wish for everyone to be safe, healthy & prosperous this lunar new year. And hope that $Polestar Automotive(PSNY)$ will rise to two digit figures where it belongs ๐ Happy CNY 2023 to all!
Better to under promise & over deliver than over promise and under deliver. Musk should tame his mouth or else he will bring about the downfall of Tesla just as easily as he brought about its rise.
APPL is a dividend stock whilst TSLA is a growth stock so it's somewhat tough to do a direct comparison. I'd go with APPL if I want stability and less volatility (relative to TSLA). But if I'm looking at growth potential, then between these two, TSLA would be the pick. That being said, it should be noted that the choice between the two stocks is complicated by another thing - investing in APPL is all about the company & it's products; investing in TSLA goes beyond these to also include fanboying Elon Musk as CEO. This complicates matters because TSLA price movements (up or down) are then determined not just by the company's products & performance but also by Elon's behaviours. If Elon behaves properly as a CEO, TSLA price will be fine but the minute he gets into his monkey ant
Like what I've always suggested as a simple solution: uproot from CN and become a SG company instead. Then focus on international clientele and exclude CN since this is what they have requested.
$Alphabet(GOOGL)$ Bearish still as there's no definitive positive indications of any kind related to the uplifting of macroeconomic conditions, which translates to also mean no definitve clarity to the Fed's forward strategic response in the longer term. The situation is thus such that I can't help but to make shorter terms decision on my stock portfolio, particularly for stocks that aren't blue-chip or stable (i.e., dividend stock). If I could break even by selling my stocks, I'd do it right away. But unfortunately, any selling off would result in losses and so, I've no choice but to hold. Hopefully, I won't turn blue before I can break even ๐ Best wishes to all!