Recently I've purchased 3 books for reading 1) Always Have Enough Money - By Tan Ooi Boon • I'm currently reading this book. It's a local context about managing your finances more prudently and making wise decisions. 2) The Winning Investment Habits of Warren Buffett and George Soros - By Mark Tier This book is a international best seller. It focuses on the winning investment strategies adopted by both experts in the US stock market and how to acquire huge profits from it. 3) The Psychology of Money - By Morgan Housel An award-winning author shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics.
Thank you experts for your in-depth perspectives in the stock markets. Hope to see more of your sharing wisdom in the community in 2024! [smile] [smile]
@TigerClub:🎁 Tiger Community 2023: Top 10 KOLs Roaring Loud!
I'm ISTJ-T. That now explains why I concur with Warren Buffett's investing approaches towards ETFs (low cost index funds) and stocks (value stocks) though my investment portfolio also consists of growth stocks and a litte of crypto (though he dislike it). I believe it does not matter whichever investing style we adopt. The important factor is to abide with our respective chosen strategies for the long-term to reap fruitful results which our older selves in the future will thank our younger selves in the present times. @MillionaireTiger @TigerStars
@MillionaireTiger:Do You Know Which MBTI Personality Dominates the World of Investing?
$Apple(AAPL)$ I'll neither buy $Apple(AAPL)$ stock at $160 nor $170. I believe it's simply above it's intrinsic value now. I'm sure even Warren Buffett will not stock up at either price. Neverthless, I'm waiting for the price to fall within my 'intrinsic' price which will eventually arrive.
A wonderful and comprehensive reply from ChatGPT about Alphabet. @TigerEvents //@TigerEvents:Hi Tigers,Today is Friday, so it's time for Tiger Friday game! 🌴🥥 We would like to invite you to join in our "Ask TigerGPT & Win Tiger Coins" event.Engage in captivating conversations with our powerful TigerGPT, and ask all your burning questions about stocks and investments. Not only will you gain valuable insights, but you also stand a chance to win Tiger Coins and Tiger gifts !What is TigerGPT?TigerGPT is a text-generating AI chatbot developed among Tiger's vast internet services. It is based on OpenAI's large-scale model capabilities.TigerGPT supports various abilities such as ma
Well, I will not sell my stocks in May. However, if others can proceed if they intend to though it's not advisable. On a flip side if more investors sell off their stocks of good ones, the lower stock prices will fall. Eventually, prices of good companies will fall within their intrinsic values which I have my eyes on all this while. It be time to scoop as much as possible then. I wil conclude with 2 quotes I came across which I believe with strong convictions. Quote 1: Bull market makes one rich whereas bear market makes one wealthy. Quote 2 : New millionaires are formed during times of recessions! @MillionaireTiger
@MillionaireTiger:【Thursday Special】Will You Sell In May And Go Away?
Capricious. Due to stock market volatility, it's difficult to predict if it's heading north or south. The best is not to be bothered by all this and instead stick to your own investment plan.
@TigerEvents:[Tiger Friday] Describe the stock market in one word
My favourite reward to redemn is the USD10 voucher. However, it had 'disappeared' recently. I've suggested last year to Tiger Brokers to introduce more stock vouchers in different denominations like USD20, USD30 , USD50,etc and merchandises (which lacks significantly). Hopefully, more choices will be introduce for us (users) this year to redemn more great rewards
What a pleasant surprise! Just today in the day I was thinking of purchasing some good books on investments and this screenshot kind of affirms my decision. Some of the books which I intend to read up in the coming month are as follows: 1) Changing World Order (by Ray Dalio) 2) Fooled by Randomness (by Nassim Nicholas Taleb) 3) Buffett: The Making of an American Capitalist. (by Roger Lowenstein) 4) The Intelligent Investor (by Benjamin Graham) 5) The Little Book That Still Beats The Market (by Joel Greenblalt)
@TigerEvents:[Game] Screenshot to make a promise: If my money doubles, I'll___
Investors have been bearish on stocks for most of 2022, but sentiment is shifting on Wall Street. • Recently, Bank of America said that a 'buy' signal is close to flashing its indicators for the first time in 5+ years. The bank thinks that now, the markets have already priced in a recession. What does that mean? When Wall Street is bearish on stocks, that has historically been a positive sign for future returns. Contrarian: It often pays (literally) to take the opposite side of a trade when bullish or bearish sentiment among investors hits an extreme level. Contrarian investing is the basis behind Warren Buffet's famous quote: "Be fearful when others are greedy, and greedy when others are fearful." Beware: There are PLENTY of fa
$Opendoor Technologies Inc(OPEN)$ The housing market will bounce back in the US. The home-selling process will become increasingly digitized. Opendoor won't go bankrupt. The company has a massive first-mover advantage in creating the marketplace for digitally buying and selling homes. Furthermore, the stock is ridiculously undervalued at 0.1X sales. Yes, OPEN has been a falling knife and a huge loser but it's a winning company with a winning technology platform. With strong conviction, I believe the stock will soon stage a generational comeback. Thus, I'm buying the dip. @CaptainTiger@TigerStars
$Apple(AAPL)$Over the years despite $Apple(AAPL)$ increasing the prices of its various products, consumers are still buying them. Why? One may say is due to its brand name. I think it's due to many factors such as being a quality product, provides various features, having a good ecosystem in providing convenience to users by connecting to its various products e.g smartwatch, iphone, ipad, etc. Therefore, I feel that consumers will still purchase the increased prices of $Apple(AAPL)$ latest products as each new model brings better usage experience to them.