PCT: RickPANDA Just Get Promoted To Little Family Funds Manager V10.0 :
PCT = Pandas Coffee Talk.
Wife CHOY just give me 1000.00SGD to invest in SVOL in Tiger for her. It is a good start as a pandas family. But best of all. Feel these months in Tiger is worthwhile the time spent.
How to be your Wife Funds Manager. Me RickPANDA recommends below steps:
1. Learn. YouTube is full of disruptive videos all for free. Listen to all good teachers. Ignore all bs teachers.
2. Study. A BBA business degree really help. Because you know you are trained to degree & still a stupid idiot in becoming a millionaire. So you will go beyond your educations to do beta testings.
3. Homeworks. There are many conflicting views. Some say diversified some say concentrate a few. Some say recession some say 2024 is a good start. Some say QQQ $Invesco NASDAQ 100 ETF(QQQM)$ . Some say Bitcoin $iShares Bitcoin Trust(IBIT)$ . Some say gold $SPDR Gold Shares(GLD)$ . Some say REIT $Realty Income(O)$ . Some say bonds TLT. Some say uranium CCJ some say copper SCCO. Some say income SVOL some say growth SCWD. Believe in who? Me RickPANDA say believe in your own homeworks workings & findings those answers.
4. Convince. Me RickPANDA tells CHOY: you every month get 0.04SGD a month interests for 1000.00SGD savings bank accounts. You give me 1000.00SGD me give you 12.00SGD monthly dividends in Tiger SVOL. Interested? She buys the deal with a start 1000.00SGD beta testing seeds funds.
5. Assurance. Your job is assurances in giving her 12.00SGD monthly dividends every month. And she can withdraw her full sum 1000.00SGD back no question ask. On my part me RickPANDA displays her 1000.00SGD daily is still there in Tiger Home Screen so that she don't panic sellings. Pandas Trick: you as husband funds manager must shoulder her 1000.00SGD seeds funds volatility. By right SVOL will go up & down. You just shoulder the respective volatility by assuring her you will pay her back 1000.00SGD anytime she wants to withdraw. If you can bring out all volatility risks of her in all newbie investor panic sellings. By right she just simple jobs pocketing the monthly dividends 12.00SGD & assurances she can withdraw back her 1000.00SGD anytime she needs to. This brings out of your wife of fear & panic sellings of all volatility. If you can do this parts of husband jobs in family funds manager. You help your wife in household expenses of +12.00SGD a month. And you have a funds guarantor jobs to do every day every month. Just remember if she wants to scale up her seed amounts. You must have enough working funds to assure all the 0% volatility cashout risk premiums.
6. Honesty. You really pay your Wife +12.00SGD a month to keep the deal. And really keep the assurances promise to follow through giving her back +1000.00SGD anytime she wants to withdraw.
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