According to the latest statistics from Forbes magazine, American pop superstar Taylor Swift has a net worth of $1.6 billion, surpassing Rihanna to become the world's richest female singer. As an artist, Swift's wealth mainly comprises earnings from global concert tours ($600 million), music revenue ($600 million), and real estate ($125 million). Given Swift's significant influence, Forbes has ranked the 34-year-old singer fifth on its list of the world's "Most Powerful Women," following European Commission President Ursula von der Leyen, European Central Bank President Christine Lagarde, US Vice President Kamala Harris, and Italian Prime Minister Giorgia Meloni. Should you focus on working hard or developing a side business? The Hill, a US publication, commented on the 7th that Swift not

As the stock market $DJIA(.DJI)$ $S&P 500(.SPX)$ hits record highs more than 40 times this year, there are concerns that history might repeat itself and another financial crisis could occur.Will the market repeat things in 2007?On September 18, 2024, the Fed made a 50bps rate cut, exceeding expectations despite solid economic data. This mirrors the 2007 rate cut, after which markets rallied for three weeks, reaching an all-time high on October 9, 2007.Similarly, after the 2024 cut, markets rallied for three weeks, and the S&P closed at an all-time high on October 9, 2024.US election brings both uncertainty and potential opportunities.However, some investors believe that because of the U.S. electio

$Tesla Motors(TSLA)$ is set to unveil its highly anticipated Robotaxi at the upcoming "We, Robot" event on Thursday, October 10, from 7 pm PT (11 am SGT on October 11).Its product launches have historically been accompanied by significant stock price fluctuations. After the Model 3 launch in March 2016, Tesla's stock surged by 12% within days. However, following the unveiling of the Optimus robot at AI Day 2022, the stock dropped by 16%.Why does the market have such high expectations for Robotaxi?The electric vehicle market is already highly competitive. Robotaxi launch means Tesla’s excellent development in AI and will contribute significant revenue growth.Robotaxi could transform Tesla from a "car manufacturer" into a "mobility service provider.

Has the rise in Chinese assets come to an end?Today, Hong Kong stocks saw a sharp drop: $HSI(HSI)$ fell more than 8%, $HSTECH(HSTECH)$ dropped more than 11%, and $China A50 Index - main 2410(CNmain)$ fell over 10%, while $Direxion Daily FTSE China Bull 3X Shares(YINN)$ lost 36% in the premarket trading. However, China A-shares surged, $SSE Comp(000001.SH)$ gains 5%, while $ChiNext(399006)$ rises 17%.A dramatic financial-themed image with red as the main color. The backdrop features an abstract representation of China's skyl

Some investors choose to sell profitable stocks to lock in gains. If a stock in your portfolio has already reached the target price, the risk of holding it further may outweigh the potential rewards. In such cases, selling the profitable stock can help you avoid future volatility, and when you need liquidity, locking in profits is a safe option.The ideal scenario is this stock has experienced significant growth but faces short-term correction risks. Selling part of the profitable stock allows you to access funds without missing out on further investment opportunities.For example, if you sold $NVIDIA Corp(NVDA)$ at $140, you may cash out a lot of money and also avoid following corrections.However, frequent profit-taking could lead to missing out on

Everyone says the only motivation for working is getting paid. The paycheck is the only reason that keeps me sitting at my desk every day. Is it the same for you? There are probably very few people in the world who truly love working, except maybe those who are just starting their jobs.Do you remember the excitement and happiness when you received your first paycheck?Some say the first paycheck should be given to your parents because they worked hard to raise you, and it's right to give them this meaningful paycheck.But others use their first paycheck to buy something they've always wanted, like a computer or a phone.Of course, there are those who, after getting paid, transfer the money into $Tiger Brokers(TIGR)$ to start trading.And then there ar

Temasek has evolved over 50 years into a leading global investment company, advancing strongly amid uncertainty, said Prime Minister Lawrence Wong. Its success reflects Singapore's growth and achievements.In Singapore, there is a couple who hold the most wealth and power in the country. They are Ho Ching, the former CEO of Temasek, and her husband, Lee Hsien Loong, the former Prime Minister.Ho Ching led Temasek for 16 years, growing its investment portfolio from SGD 90 billion to SGD 300 billion. Temasek created an investment legend, managing SGD 382 billion with an annualized compound return rate of 17%.As a sovereign wealth fund founded in 1974, achieving a 17% annualized compound return rate over 50 years is extremely rare on a global scale. Its net asset value has increased nearly a th

If you invested $5 in $Walt Disney(DIS)$ back in 2015 today you have $5.If you had invested $5 in the Shanghai Composite Index $SSE Comp(000001.SH)$ in 2014, today you would have finally broken even with your $5. But recently, those who bought Chinese stocks have surely made a lot of money.Product, Founder, & Velocity VCsDo you think stock trading should be about trusting your judgment of a company's trends or relying on cheap prices?Before meeting Charlie Munger, Buffett's investment style leaned more towards finding cheap stocks, without paying much attention to a company's long-term growth potential. However, in his later years, Munger's influence gradually led Buffett to focus on "buying good

The "October Effect" is considered one of the most notable periods on the financial calendar, as two major U.S. stock market crashes—October 1929 and October 1987—occurred during this month.Historically, October has shown significant volatility, with the Dow Jones experiencing the highest intraday swings since 1896.According to LPL Financial, since 1950, the market has seen greater than 1% fluctuations in October, more than any other month. $S&P 500(.SPX)$ Although September has recorded the most negative returns over the past 90 years, the events that triggered the 1929 crash and the 1907 panic actually began in September or earlier.The 1929 stock market crash, which started on October 24, became fully disastrous by October 28 and 29, leading

US stocks rose to new highs on Tuesday, with $S&P 500(.SPX)$ recording its 41st closing record of the year. But surprisingly, Chinese concept stocks in the U.S. saw widespread gains, influenced by positive policies such as the central bank's reduction of existing mortgage rates, further reserve requirement cuts, and strong development of equity funds, along with arrangements for medium- and long-term capital inflows.$NASDAQ Golden Dragon China Index(HXC)$ rose over 9%, marking its largest single-day gain since 2022.$Direxion Daily FTSE China Bull 3X Shares(YINN)$ closed nearly 30% higher, $KraneShares CSI China Internet E

$Tesla Motors(TSLA)$ has seen three consecutive weeks of gains, continuing to rise 1.8% in pre-market trading. Robotaxi: FSD, DOJO, AI and New Market?The upcoming release of the Robotaxi on October 10 is a critical milestone for Tesla. The Robotaxi will be a combination of Musk's long-promised FSD (Full Self-Driving) and the previously favored Dojo by analysts. Plus, if it can be realized, could Tesla's Robotaxi also be considered a significant application in AI?Tesla has opened a lottery for shareholders to win tickets to attend the Robotaxi unveiling in person.Q3 sales to beat estimates: Tesla is so back?In addition to the highly anticipated Robotaxi launch, analysts expect Tesla's Q3 sales to exceed expectations, suggesting that the financial r

An investor made an unexpected profit due to a trading error.An XTrader placed orders during a sharp V-shaped movement in the stock index, carefully planning position allocation and leaving part of the position hedged before going to sleep.Upon waking up in the morning, she found that the hedged position had almost completely failed, but the overall portfolio had unexpectedly risen by 13-14%.The gains and losses from the long and hedged positions should have led to only a few percentage points of gain. The truth is that she had mistakenly entered an extra zero in the last long position order.In addition to mistakenly entering the wrong number, buy or sell may be mistaken when trading options. In recent trades, I placed a “buy“ put order when I brushed my teeth. But later I found out I plac

Yesterday, $S&P 500(.SPX)$ and $DJIA(.DJI)$ hit all-time-highs during intraday trading and then pulled back. The decision on a rate cut is expected tonight, but there is still considerable market disagreement on the extent of the cut, which is unprecedented. As of the time of writing, the CME FedWatch tool shows a 61% chance of a 50 bps cut and a 39% chance of a 25 bps cut.Will the market embrace rally or sell the fact after the rate cut? Opinions remain divided. Fundstrat's Tom Lee predicts a weeks-long rally for stocks after the Fed cuts rates, expecting stocks to climb higher in the coming weeks. However, a WSB user warns about the impact of balance sheet and tapering, rather than just rate cuts. I