WR38
2022-12-18
how?//@blut:

I had previously said in my post, we are in a different ball game and uncharted territories . We have to discard the herd instincts and go to the basics..

1.Please read analyst reports with a pinch of salt. Analysts were recommending Tesla and markets already hit  the bottom . In the previous posts, I specifically mentioned don't touch Tesla because Musk has to sell his stakes in Tesla to fund his acquisition in twitters and the unrealised loss in the his investment in crypto currencies. 

2. Manage your investments on a day to day basis. Is like a cancer. No one know whether it is in remission. Keep cash to profit on the the uptrend. Even keeping cash I suggest for now don't keep in US. The US is over valued because of interest rate increased. If the Fed increase in rate further, the global economy will go into recession. Fed may have to reduce the int rate. 

3.For those retailers sitting on huge unrealised loss, do a rebalancing of your portfolios. Move some of your investments in tesla to chinese stocks  and European banking stocks.

4.Before doing that, look at the profile of the CEO and board of directors. . Good corporate governance and the company future business  potential. I don't suggest US banking stocks because they are over valued and. All future profits will go to fund their abnoxious salaries of CEO and Senior management. Despite recommendation to  claw back salaries and bonuses of CEO for investments went wrong, this was never implemented. Look at their investment strategies. I put high weight age on CEO  their compensations, potential PE and cash holdings. 

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Comments

  • moliya
    2022-12-18
    moliya
    thanks for the insight n advise
  • 羊坑
    2022-12-18
    羊坑
    [smile]
  • MySGX
    2022-12-18
    MySGX
    Noted
  • huaigim
    2022-12-18
    huaigim
    Awe some
  • hotwheels
    2022-12-18
    hotwheels
    [smile]
  • DQS4288
    2022-12-18
    DQS4288
    👍🏻
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