ItryInvestin
2023-07-25
$Alibaba(BABA)$ Often known as the "amazon of China" and with current reforms, I do foresee an increase in stock prices (Not sure how long it would take, but the 4% boost on Monday signals a movement).

Noting many analysts are in good agreement that stock price will increase, with target price around $130-133. 


May everyone huat and earn :) Not an advice to buy and please buy only at your own discretion, aftrall china stocks have been very volatile the past two years and it is not for the faint hearted! 


Lessons I learnt in investment the past two years:

1. Investment is never about timing the market but being in the market

2. Know your risk appetite VERY WELL. If you are going to be constantly opening the app to check if it rise or fall, then perhaps placing your money in safer areas e.g fixed deposits / high interests savings, will be a better choice. It is never ideal to lose sleep for this.

3. Investment in NOT gambling, you will never get rich fast unless you are hella lucky. Set a side emergency funds before you even decide to start your investment journey.


2022 Investing Review
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • RandyHall
    2023-07-25
    RandyHall

    I hope BABA gets to $115 so I can sell my trading position. Will buy again after the next dive.

  • Hilliton324
    2023-07-25
    Hilliton324

    我们期待看到大规模刺激年由中国人发起未来几天…要使他们的经济走出目前的厄运循环,这是非常必要的。

  • JONESTea
    2023-07-25
    JONESTea

    看起来我们的爸爸的价格大幅上涨。只要我们的价格低于105美元/秒,我就保持中立。从那里向上买一些东西。

  • CharlesBaker
    2023-07-25
    CharlesBaker

    巴巴:看跌到看涨反转触底阶段。平行下跌趋势已经结束

  • ZOE011
    2023-07-25
    ZOE011

    我宁愿拥有巴巴,也不愿拥有价格过高的NVDA、TSLA或梅塔。

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