๐๐๐Investing can sometimes feel like a roller coaster ride but that is what makes it so exciting. However when it is on a downward slide, just hang on tight and enjoy the ride as the next turn will see it going up! To cushion against the ups and downs of the stock market, I love to invest in Index ETFs as they help to provide me with a more steady ride due to their sheer diversification of stocks they hold. In fact for me, Diversification is the key to having a successful long term portfolio. For those who are new, an Index ETF is a type of fund that tracks the performance of a specific stock market index. It can either hold physical shares of the Index's constituents or products that mimic its price movement. The benefits of investing in index
Christmas Is A Time To Spread The Joy Of Love and Hope
๐๐๐Christmas is such a special time of the year to celebrate the joy of the birth of Jesus. Christmas is also the time of the year to show our love for our family and friends through the joy of giving. When my kids were young, they believed in Santa Claus. I told them that Santa Claus would visit our home when they were asleep and bring them presents. Such is the innocence of childhood. This Christmas the tradition continues but I would like to give them the gift of knowledge. I bought them each an annual membership with Mindvalley. A membership with Mind Valley is filled with an exciting plethora of programs that they can tap into so that they can unleash the fullest potential of their mind, body and spirit. There are programs for
๐๐๐Nvidia $NVIDIA Corp(NVDA)$ is up 3% on Friday's trading after Morgan Stanley issued a Bullish report on AI Semiconductor stocks calling Nvidia stock a Top Pick for 2025 with a Target Price of USD 166. That is an upside potential of 23%! After reaching its all time high of USD 152.89 in November, Nvidia's share price has been in a slump and is down 8% in the past month. However Nvidia is still up 179% year todate. Is Nvidia still a good buy? Let's check out Nvidia's Q3 24 Earnings report. For the quarter, Nvidia's revenue is up 17% to USD 35.1 billion from previous quarter and a massive 94% from a year ago. GAAP earnings per share was 0.78 cents, up 16% from
I opened $Grab Holdings(GRAB)$ ,The recent price correction of Grab makes it a compelling Buy for me as I believe that it is undervalued and oversold for its dominant position as the leading ride hailing and food delivery app in South East Asia. In addition to that, Grab has a digital full bank licence in Singapore through its collaborative partnership with Singtel. Grab has been making great progress with its earnings performance as it delivered its 2nd consecutive positive Profit for Q3 24 and the highest quarterly Adjusted Free Cash flow to date of USD 76 million for the business. Grab even raised its full year 2024 Group Revenue and Group Adjusted EBITDA outlook with the strong momentum acr
๐๐๐ $Cboe Volatility Index(VIX)$ VIX is the Volatility Index also known as the Fear Index. VIX measures the implied volatility rate of the S&P500 Index. VIX spiked whenever there is negative news. On Thursday Jerome Power delivered hawkish comments which implied that they will be fewer interest rates cut next year. He also said that Bitcoin will not be included in the Feds Reserve. That sent VIX sky high!
๐๐๐Nike $Nike(NKE)$ has made improvements in this latest Q3 24 Earnings and its share price is up 11%. With its new focus on improving its profitability and cutting cost, Nike hopes to further improve its sales. Nike is putting its efforts now on promoting sports and will target high performance sportwear and clothes. I believe Nike has turned the corner to better profitability and its share price will reflect its new growth focus. The Nike Brand is very popular around the world, worn by the best athletes and I am sure Nike can do it once again. @Tiger_comments @TigerStars
๐๐๐Jerome Powell's comments that the Feds have no place for Bitcoin, sent Bitcoin's price tumbling to below USD 100,000! He also said that there will be fewer interest rate cuts next year. That remark also sparked a huge market sell off not only in the US but in other markets as well. However I believe that the markets will recover as Donald Trump is a pro crypto President. He has also appointed pro crypto officials like the new SEC Chairman who may relax rules for the markets. In investing, Volatility is the price we pay for long term gains. So I will take this golden opportunity to bargain hunt quality stocks to buy and hold long term. Bitcoin is here to stay. It is important to take a long term view and believe it will continue its growth t
๐๐๐2024 has been an amazing year for me with the STI ETF hitting a 17 year high and the US markets led by the Magnificent 7 hitting new records too. My Singapore Bank stocks also hit new highs this year with $DBS Group Holdings(D05.SI)$ leading the charge and reaching SGD 44.95. DBS is also my best performing Singapore stock. However Jerome Powell threw a wrench into the markets on Thursday indicating that there will be fewer interest rate cuts in 2025, sending the markets into a nosedive. Nevertheless I will continue to stay invested and go bargain hunting for quality stocks on sale. I like the recently listed 5 new Hong Kong SDRs especially since Tiger Brokers
@TigerEvents:[Events] What Made This Year Special for You?
Is OCBC The Most Undervalued of the 3 Singapore Banks?
๐๐๐OCBC $ocbc bank(O39.SI)$ has recently reached its 52 week high at SGD 17.00 but has since retraced to SGD 16.68 on Thursday's closing. This is due to the Bearish sentiments after the US Feds forecast for fewer interest rate cuts in 2025 due to sticky inflation. OCBC has a sterling year with its shares up 29% year todate and 33.9% in 2023. It reported Net Profit of SGD 1.97 billion for Q3 24 which was 9% than the previous year quarter of SGD 1.81 billion. This is also 2% higher than Q2 24 when OCBC reported SGD 1.94 billion. Net Profit for the 9 months of 2024 has increased 9% from a year ago to SGD 5.9 billion. OCBC's strong year on year performance for Q3 24 was
I opened $Schwab US Broad Market ETF(SCHB)$ ,SCHB covers the entire spectrum of the investable US market from Large cap, Mid Cap and Small Cap. That is 2500 stocks in just 1 powerful ETF. I bought SCHB as it is on sale, having dropped 3% in the past 5 days. Nonetheless SCHB is still up 22% year todate. However if we look back to 5 years ago, SCHB has risen 77%. That is pretty good returns! In the meantime I get to collect dividends. The current dividend yield is 1.2%. I like SCHB as it is low cost and offers great value for my money with fantastic diversification. Minimum cost, Maximum value! That how I like to invest. @Tiger_
I opened $Schwab US Large-Cap ETF(SCHX)$ ,It is Action Time when the markets are down! SCHX is one of the best low cost ways to tap into 750 stocks of the largest US companies. It tracks the Dow Jones US Total Stock Market Index, and has an expense ratio of only 0.03%. SCHX even pays dividends every 3 months. The current dividend is 1.33%. SCHX has just paid its dividend on December 16. The next one will be due in March 2025. The stock market is currently on sale and this is the best time to go bargain hunting. @Tiger_comments @TigerStars
I opened $Global X Nasdaq 100 Covered Call ETF(QYLD)$ ,When the markets are down I seek comfort from dividends and QYLD does this so well. The current dividend yield is a nice juicy 11.46%. QYLD has been paying dividends for 10 consecutive years! QYLD does this by using a Covered Call Strategy on the Nasdaq 100 Index. QYLD goes ex dividend on December 30 2024 just before the New Year.
๐๐๐How amazing that the Caoji Group IPO is oversubscribed almost 6000 times! Investors are keen to own shares of the Caoji Group as the company sells a wide range of products in the health sector as well as beauty and skincare products plus pet health products. This is a good business to invest in because heathcare sector is a consumer defensive sector and is more resilient in economic cycles.
๐๐๐Bitcoin is gaining prominence and it may rise even higher than USD 110,000. I believe that a Bitcoin Reserve will help Bitcoin gain further prominence especially with a Pro Crypto President like Donald Trump. There is also scarcity in Bitcoin as there will be a Bitcoin Halving every 4 years. That is why I believe that Bitcoin will continue to rise. @Tiger_comments @TigerStars @CaptainTiger
๐๐๐Warner Brothers Discovery $Warner Bros. Discovery(WBD)$ is a leading global media and entertainment company that creates and distributes the world's most differentiated complete portfolio of branded content across television, film, streaming and gaming. WBD is available in more than 200 countries and territories and in 50 languages. Its iconic brands and products include Discovery Channel, Max, Discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, Motor Trend, Animal Planet, Science Channel. WBD also owns Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warne
Google, Sheng Siong and DBS Are 3 Companies That I Can't Live Without
๐๐๐I cannot imagine a world without Google, DBS and Sheng Siong, which provide me with conveniences for my daily life. Coincidentally I have also invested in them since I use their products every day! First up it is $Sheng Siong(OV8.SI)$ It is Singapore's 3rd largest chain of supermarkets which provide me with day to day essentials. Sheng Siong is synonymous with offering value for money for its grocery items. It is my mother's absolute favourite supermarket too. Sheng Siong has a wide moat due to its extensive distribution network and large number of outlets. For Q3 FY 2024, Sheng Siong Group 's net profit increased 12.4% to SGD 39.1 mill
America's Health System Desperately Needs A Reform
๐๐๐The recent murder of United Health's CEO Brian Thompson brings to light the difficulties that the current health system faces in the US. According to Andrew Witty, Group CEO of United Health, he said that the health system is flawed and needs fixing. The US is the world's largest economy and yet its health system is possibly the most expensive in the world. While we cannot condone Luigi Mangione's action in murdering Brian Thompson in cold blood, it shows the frustration and anger especially by the ordinary Americans with the state of healthcare in the US. I had experienced it first hand when I was sick several years ago while on vacation in the US and had to visit a doctor. The first question they asked me "Do you have a healthcare insurance?
Amazing Broadcom and SOXQ ETF Is My Tactical Bet On This Stock
๐๐๐Broadcom $Broadcom(AVGO)$ has just joined the Trillion Dollar Club as its share price has reached a new high and is up a huge 24% in just 1 day! CEO Hock Tan told investors that Broadcom's potential market for both its networking and ASIC offerings could rise to USD 90 billion over the next 2 years. This is more than 4 times the current size of the market. Broadcom also forecasts 1st quarter revenue above estimates on Thursday. Big Tech's push to diversify beyond Nvidia's pricey and supply constrained AI processors has been a windfall for Broadcom as it makes custom chips for major cloud companies. In contrast $NVIDIA Corp(NVDA)$
๐๐๐A photo tells a thousand words and this photo which I took on my cruise on Royal Caribbean's Quantum of the Sea earlier this year reflects ingenuity and creativity. We were on a cruise to the lovely Pacific Islands and on this particular day we needed to take a tender boat to reach Mystery Island. Mystery Island is named because when it is high tide, the island disappears covered by the ocean. So in order not to stand in a long queue as there were 4000 passengers, we use our slippers or shoes as markers for our position in the queue. You can see some of the passengers barefooted in the photo sitting at the tables. Isn't that a brilliant idea? On looking back, this shows that the human mind is really capable of thinking creatively and outside the box.&
@TigerEvents:[Events] One Photo, One Memory: What Does Your 2024 Photo Say?