After trading for more than 30yrs, whether u win or lose is not a matter of how knowledgeable although it does help. example are even hedge fund also goes to bankruptcy even they employ the smartest trader n research info at their finger tips. it's like playing mahjong. whether u win or lose depend more on luck than how smart u are. smartness only help u minimise yr loss.
likely to hit 100k before month end. sold mine too earyl at 88k. Still got room to break 100k. however risk increase cos any black Swan event will cause big drop when whale start to take profit
the way crypto have gone up after Trump win is crazy. to go in now at above 85k is high risk shld any negative news hit mkt. there is not real fundamental, just herd instinct. high risk high return. remember the last prediction when btc at 65k n analyst tgt 100k. negative news follow n crypto went into bear mkt n drop to below 20k
there is alot of IF. whether Powell gets fired n Musk get in cabinet, it doesn't matter much. just ride the wave and buy Trump n Musk related stk n you will be OK
trump win cos not only America will be better off , the world also. He fight for his people n help stabilise the world in this tumultuous time. If Harris win than America n the world will be in deep shit.
yes money can make one happy only if you don't have enough to survive for your basic needs. Once you have enough money, health is more impt cos with the extra money which you have is no use if you can't spend it.
the choice is obvious I.e Trump. if the govt of the day tax u more n give free money to illegal immigrant so that they can retain power thinking that they will get more vote so the party can win in election this is a cause of concern over the long run. looks like we are facing the same problem
I have been teaching my kids fm young abt the value of investing. showing them the simple difference BTW leaving money in the bank n putting money in tiger vaults where they get more interest. simply I tell them to work hard n save as much as possible than start investing. instead of working hard n earn money, by investing let money work for you n they can retire earlier i.e FIRE
investing in stk is like going to casino. everyone goes to casino hope to win big. however most people lose than make. whether you win or loss depend also on your luck factor. it is not how smart you are. believe me I have see through my 30yrs of experience
talent n skill do matter but wat is more impt is luck . thru my 30yrs of trading individual luck is most impt. eg when I buy stk which have good fundamental n every analyst rec to buy, it doesn't go up even after holding for long term. but the minute I sold , it shoot up.
wat type of stk to invest depend on the investor age. if u are still young n earning income u can take more risk n invest in more high risk stk cos high risk comes with high return. if you are retired it is better to invest in stable stk n gives dividend in good times n bad egg bank stk.