Replying to @Furore:Recent inv-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Replying to @Furore:Recent investments after covid are mostly in the red as well
Only Nvidia helped me earned more than 100% in capital appreciation, which I had long sold
Being a huge REIT investor, it just doesn't help make things any better in such a high interest rate environment//@Furore:Cashwise richer... Net value and quality of life? Poorer...
Started putting aside a bit more cash a month than I used to before covid, so in terms of liquid cash, richer
In terms of net value and quality of life, definitely poorer.
All my investments can't go back to where they were before covid with huge paper losses.
Salary stayed same, lucky enough to keep my job, no year end bonuses but yet have to put up with rising costs of practically everything. From food, to transport, to utilities, even all the way to GST going up twice in a row from 7% to 9% soon. GST increases by 2% in such a short time, but I don't even see a 0.000001% increase in my salary. It feels exactly like getting a pay cut right after another pay cut. From going karaoke to drinking with friends, high tea followed by buffet lunch before covid.
To totally no more entertainment, white bread (not wholemeal) for breakfast and economic rice for lunch.
Quality of life ain't any better too.

Are you poorer or richer than before COVID?

JPMorgan Chase predicts that by June 2024, except for the top 1%, the liquid assets of every income group will be below the levels of pre-pandemic. Have you become poorer or richer than before COVID? Have you accumulated wealth during bull market in 2021?

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Comments

PagRobinson
2023-12-18
PagRobinson
"Pay cuts with cherry on top(?)" 😉 Totally mpi_items.

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Net value and quality of life? Poorer...<br>\nStarted putting aside a bit more cash a month than I used to before covid, so in terms of liquid cash, richer<br>\nIn terms of net value and quality of life, definitely poorer.<br>\nAll my investments can't go back to where they were before covid with huge paper losses.<br>\nSalary stayed same, lucky enough to keep my job, no year end bonuses but yet have to put up with rising costs of practically everything. From food, to transport, to utilities, even all the way to GST going up twice in a row from 7% to 9% soon. GST increases by 2% in such a short time, but I don't even see a 0.000001% increase in my salary. It feels exactly like getting a pay cut right after another pay cut. From going karaoke to drinking with friends, high tea followed by buffet lunch before covid. <br>\nTo totally no more entertainment, white bread (not wholemeal) for breakfast and economic rice for lunch. <br>\nQuality of life ain't any better too.</body></html>","htmlText":"<html><head></head><body>Replying to <a href=\"https://ttm.financial/U/4101543957382650\">@Furore</a>:Recent investments after covid are mostly in the red as well<br>\nOnly Nvidia helped me earned more than 100% in capital appreciation, which I had long sold<br>\nBeing a huge REIT investor, it just doesn't <u>help</u> make things any better in such a high interest rate environment//<a href=\"https://ttm.financial/U/4101543957382650\">@Furore</a>:Cashwise richer... Net value and quality of life? Poorer...<br>\nStarted putting aside a bit more cash a month than I used to before covid, so in terms of liquid cash, richer<br>\nIn terms of net value and quality of life, definitely poorer.<br>\nAll my investments can't go back to where they were before covid with huge paper losses.<br>\nSalary stayed same, lucky enough to keep my job, no year end bonuses but yet have to put up with rising costs of practically everything. From food, to transport, to utilities, even all the way to GST going up twice in a row from 7% to 9% soon. GST increases by 2% in such a short time, but I don't even see a 0.000001% increase in my salary. It feels exactly like getting a pay cut right after another pay cut. From going karaoke to drinking with friends, high tea followed by buffet lunch before covid. <br>\nTo totally no more entertainment, white bread (not wholemeal) for breakfast and economic rice for lunch. <br>\nQuality of life ain't any better too.</body></html>","text":"Replying to @Furore:Recent investments after covid are mostly in the red as well Only Nvidia helped me earned more than 100% in capital appreciation, which I had long sold Being a huge REIT investor, it just doesn't help make things any better in such a high interest rate environment//@Furore:Cashwise richer... Net value and quality of life? Poorer... Started putting aside a bit more cash a month than I used to before covid, so in terms of liquid cash, richer In terms of net value and quality of life, definitely poorer. All my investments can't go back to where they were before covid with huge paper losses. Salary stayed same, lucky enough to keep my job, no year end bonuses but yet have to put up with rising costs of practically everything. From food, to transport, to utilities, even all the way to GST going up twice in a row from 7% to 9% soon. GST increases by 2% in such a short time, but I don't even see a 0.000001% increase in my salary. It feels exactly like getting a pay cut right after another pay cut. From going karaoke to drinking with friends, high tea followed by buffet lunch before covid. To totally no more entertainment, white bread (not wholemeal) for breakfast and economic rice for lunch. Quality of life ain't any better too.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/253515575169272","repostId":0,"isVote":1,"tweetType":1,"viewCount":730,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1037,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":253524757794952,"commentId":"253524757794952","gmtCreate":1702914716467,"gmtModify":1702914723669,"authorId":9000000000000432,"author":{"id":9000000000000432,"idStr":"9000000000000432","authorId":9000000000000432,"name":"PagRobinson","avatar":"https://static.tigerbbs.com/0965d3709fcccd732467fba87aa4ea6e","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":253515575169272,"objectIdStr":"253515575169272","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"\"Pay cuts with cherry on top(?)\" 😉 Totally mpi_items.","text":"\"Pay cuts with cherry on top(?)\" 😉 Totally mpi_items.","html":"\"Pay cuts with cherry on top(?)\" 😉 Totally mpi_items.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/253515575169272"}