My story with football? Only watch world cup occasionally...but it's a game that requires skills, strategy and teamwork. Similar to investment, it takes time to master it to generate a better outcome. If u get someone better than u to be in ur grp to give good advice, your portfolio will likely generate better outcome. Get a valuable teammate! I used to listen to everyone's advice blindly. Overtime, I tend to filter the source of the advice so that I do lesser stupid things..... Especially when speculative assets is rising while traditional value assets remains static.
I love tiger coins exchangable to vouchers too. Now Tiger platform gives basic info and ~5 yrs historical financial info on companies listed which is very useful for me to have a brief understanding. Most importantly beginners can find friends with similar goals here in Tiger platform. We will support each other to reamin calm and logical when market is crashing and the whole world is crashing down. We want to do the right thing when our emotions r gripped by crash. Follow @Mainstreet_Trades @Daily_Discussion @CaptainTiger @Trading_Contest @MillionaireTiger to get free coins!
"[Investing Behavior]" Why do I continue to buy when my positions are already in red@CaptainTigerAll my positions are in red especially baba and tencents, reached max allocation, so I will stop alloacting money to tech, but continue to add more REITs, US VUG and Hong Kong banks in bear market. Get some dividends while waiting for market to recover for REITs and Hong Kong banks. US got all the biggest companies where I am a consumer like google, very hard not to invest to hedge against inflation. Hope things work out in 10years![Onlooker]
Anyone got good stock recommendations with sustainable payout of dividend consistently? Best is don't have to pay tax and min supervisions [LOL] [Facepalm]
Money Master the game - Tony RobbinsAll weather portfolio by Ray dalio. 30 % stocks, 40% long term US bonds, 15% intermediate US bonds, 7.5% gold, 7.5% other commodities. The portfolio needs to be rebalanced yearly. This portfolio is created for people to hedge against inflation while minimizing volatility and minimizing doing the wrong thing due to psychological effects. We tend to sell when market drops and buy when market goes up. With this portfolio, min management is required while hedging against inflation with min volatility in all seasons.
Born poor and don't have high paying job, so need to think about how to beat inflation and hopefully with the help of compound interest, over time, I can achieve financial freedom with investment. Living without much money means lesser freedom, options and respect [Cry] That is why need to treat investment as second job, use time and compound effect as my friend, slowly accumulate wealth over time.[Cool] [Grin] [Tongue] Maybe this is the only viable way for average people like me to get out of poverty?
Looksike Tesla is doing well except that the vehicle production missed analyst's prediction. I think it's gonna be the same in the next quarter since Shanghai factory is affected by covid and there might be some sudden shortage in materials now and then. However, the good thing is Tesla can increase price before produciang and delivering the car. A good control of cost and profit can ensure profitability.
"One up on wallstreet" Peter Lynch : Average people can beat the pros by using what they know. Investment opportunities are everywhere. Average people can also identify by noticing what they use on a daily basis. For example, if you go to macdonald everyday despite all other available options, then you would wanna invest in macdonald. If you go to Walmart everyday or everyone around you also go to Walmart everyday, you would want to invest in it. You just have to get a few ten baggers to make the average portfolio a star performer.
Ya, because nobody want to get rich slow. Warren Buffett get most of his net worth after 55++ years old. If u see Tesla increase 700% in a short time, why would u want to invest in coca cola which does not have much movement [Facepalm] or sometimes even drop lower.
Everytime I buy when the market is fearful like the recent Hang Seng dip, I always make money. đ¤ So lucky to buy at bottom but it was very scary, feels like there was no future with Hong Kong market, yet the yield was attractive, in the end didn't buy a lot[LOL] coz it felt like it was gonna drop more[LOL] but it was a good experience!
With border reopening, SIA price will definitely increase , maybe to target price of around $6.50. Price will rise higher with expectations but drop later when reality and slow results sets in. Travellers can come into Singapore just by doing ART without the need to do PCR, also without the need to undergo quarantine. It is definitely attractive for everyone who has been locked down since Mar 2020[Sweats]
Rate hike coming[Surprised] [OMG] need more bullets...1. A HALF-POINT interest rate increase âwill be on the tableâ when the Federal Reserve meets on May 3-4 to approve the next in what are expected to be a series of rate increases this year, Fed Chair Jerome Powell said on Thursday in comments that pointed to an aggressive set of Fed actions ahead.2. With inflation running roughly three times the Fedâs 2 per cent target, âit is appropriate to be moving a little more quickly,â Powell said in a discussion of the global economy at the meetings of the International Monetary Fund. âFifty basis points will be on the table for the May meeting.â3. In likely his last public remarks before the Fedâs next session, Powell also said he felt investors currently anticipating a series of half-p
Wah it's easy for Elon Musk to make money and he will never be in need of money. Whenever he needs money, just buy some Bitcoin before announcing that he owns some and will accept Bitcoin, next day, Bitcoin jump. Buy some Twitter and the next day, price jump. Can always cash out for a good profit. Good to be him[Miser] [Miser]