You wouldn’t be human if you didn’t dream about huge or seemingly easy riches. But I’m OK with the fact that easy riches aren’t in the cards for me. Instead I’ve chosen (let’s be honest — accepted) the slower path to building wealth. There are some downsides to this path. I don’t get to brag on social media about how much money I made on a high-flying stock or business venture. I don’t get to become rich overnight. I don’t get to become a charlatan guru who preaches the easy steps you can follow to become wealthy. I don’t get to create a world-changing company. I don’t get to write a medium post about how transcendental meditation changed my life once I became a billionaire. And I don’t get to know what it’s like to deal with a life-changing amount of money. It can be difficult to stick wi

After reading about bond, stock, unit trust . I realized that The bond market has recently experienced significant fluctuations, with the US 10-Year Treasury yield reaching 5.0%. This upward trend is primarily driven by an increase in real yields rather than inflation concerns. Currently, bond yields are attractive. The higher yields not only improve the potential returns on bonds but also provide a cushion against possible interest rate hikes. Instead of attempting to predict when rates will peak, consider using Dollar Cost Averaging The bond market has been on a roller coaster recently. As many headlines have noted, this is the worst bond market rout in 150 years. US government bonds have declined by more than 15% over the past three years. You might be wondering what exactly has happe

U.S. healthcare sector seems to welcoming some substantial overnight gainers, even with market valuations more than 500 billions of dollars.How have diabates drugs contribute?The significant 15% surge in a single day for $Eli Lilly(LLY)$ and a 17% surge for $Novo-Nordisk A/S(NVO)$ can be attributed to the immense attention garnered by diabates drugs.LLY announced its Q2 performance on that day, exceeding market expectations not only in terms of revenue and profits but also raising its full-year guidance substantially, projecting an impressive 85% year-over-year profit increase.The core driver of this growth is their weight loss drug: Mounjaro (Tirzepatide), a GLP-1R/GIPR dual agonist. Other contributing pro

The correction in U.S. stocks in August ended a five-month winning streak for U.S. stocks.Because of the previous enthusiasm before August, many investors may have increased their bets, but they may encounter a big pullback in August.“August curse lasts” or “September ghost”?In recent days, some Wall Street strategists said that if the downturn continues in August, it may be a buying opportunity rather than the beginning of another painful decline.David Kostin, chief U.S. equity strategist at Goldman Sachs, he believes that if the U.S. economy continues to show signs of a soft landing, investors will have more room to increase their holdings of stocks. And the Hedge funds' leverage levels also indicate their ability to increase purchases, while a decline in mutual fund cash holdings could

Is it safe to assume that last Thu, 27 July was an exception when US market could not hold onto its upwards momentum and fell; snapping Dow Jones 13th day (straight) rally. On Fri, 28 July, whatever negativity that caused Thursday’s dip evaporated. US market ended the week on a high: DJIA: +0.50% (+176.57 TO 35,459.29). S&P 500: +0.99% (+44.82 TO 4,582.23). Nasdaq: +1.90% (+266.55 to 14,316.66). Best performing index on Friday. Did You Know: US market’s gains have been accelerating in the past 2 months, June and into early July. As we are about to start August trading month - (a) S&P 500 has gained another +3%, (b) Nasdaq composite +3.8%, and (c) Dow Jones Industrial Average +3.1%. Top 10 stocks accounted for 37.4% of the total return in the S&P 500 during first six month

Hello, savvy tigers! [Happy]  Today, let's delve into the exciting world of financial planning and explore different investment strategies. I'd love to hear your thoughts, so don't forget to cast your vote in the poll at the end! 📈 Strategy 1: "Steady & Stable" This strategy focuses on long-term growth with a conservative approach. It involves investing in well-established blue-chip companies and diversified index funds. The emphasis is on stability and steady returns, ideal for those with a lower risk tolerance. 🚀 Strategy 2: "Embracing Innovation" For those seeking high-growth potential, this strategy involves investing in emerging industries and tech-savvy companies. Innovative sectors like electric vehicles, artificial intelligence, and renewable energy are the prima

Last Friday, the May non-farm payroll data was clearly impressive. 339,000 non-farm jobs were added, nearly double the market's expectation of 195,000. Additionally, the non-farm payroll data for March and April were significantly revised upward. In March, the number of new non-farm jobs was revised from 165,000 to 217,000, and in April, it was revised from 253,000 to 294,000.United States Non Farm PayrollsAmong them, the education, healthcare, business, and leisure accommodation sectors continue to be the main sources of employment growth. Previously, due to labor market mismatches, some vacant positions in the service industry have been filled.However, on the other hand, there is a contradiction as the unemployment rate increased by 0.3 percentage points to 3.7% compared to the previous

So we can only make some assumptions and some best estimates. Is inflation still high? Yes. It has not come down to the 2% target. There will most likely be more rate hikes, and that benefits fixed-income securities. How much more will stocks go higher? Honestly from a personal point of view, big tech’s rally was a bit of a surprise – firstly most corporates were either freezing or cutting headcount, and secondly, no one would have fathomed the positive catalyst that AI is bringing. The recent bull market is running forward ahead while near-term skepticism and uncertainty still linger. If you are risk aversive, there is no wrong in choosing to stay defensive at this moment. Returns on T-bills are as good as some REITs without the risk. Conversely, for those who are in it for the long run,