$American Express(AXP)$ Has been starting to cree up my radar recently. Credit card numbers are creeping up, and with the increased marketing push to brand amex cards as a luxury lifestyle product, there has been a surge of consumers moving to gain excess to such cards.  Reasons for the above would be the generous card benefits such as airfare, hotels and transport credits, subscription service credits as well as lifestyle and birthday credits, dining and groceries rewards, all which leaves visa $Visa(V)$ and mastercards $MasterCard(MA)$ in the dust.  However, this comes at a cost. Amex cards have higher yearly fees as compared to visa or mastercards, however

Kamala Harris replacing Biden has been news that has long been brewing. Over the past weeks, daily calls for Biden to step out of the race has increased, fueled particularly by the poor Trump-Biden debate perfomance, and precipitated by the increased approval ratings post Trump's "shot to fame". What would this do to the stock market? Personal insights below: 1. Overall positive outlook of the stock market. Biden is out, no matter whether Harris or Trump wins, the outlook looks bright.  Market performed well during Trump's tenure as president, and Americans are likely to remember that. In addition, the fact that he represents the republican party, and that he runs a successful business empire, also lends weight to the argument that the markets are likely to outperform should he win. O

$SPDR ETF(SPY)$  $Tesla Motors(TSLA)$  $NVIDIA Corp(NVDA)$   The hardest decisions require the strongest wills - Thanos A very apt quote to describe the stock market. In a bull market, everyone buys. Rising tides lift all boats, and some more than others. The more the meme, the more the green, and everyone wins. But in the bullish downturn, thats where things start to get tricky. People start questioning the viability of stocks without fundamentals ($GameStop(GME)$) and currency created years ago by anonymous individuals ($iShares Bitcoin Trust(IBIT)$

Get ready for the election pump

The ones who win are the ones who dare to lose

$Coinbase Global, Inc.(COIN)$  $iShares Bitcoin Trust(IBIT)$  $ProShares Bitcoin Strategy ETF(BITO)$  $Bitwise Bitcoin ETF(BITB)$   Written on this before a couple of months ago, when Bitcoin was going at $45k USD, before the ETFs were approved. Here are some thoughts since then: On ETF approval: ETFs have enabled more people who once did not have access to Bitcoin instruments to accumulate Bitcoin. Although this might not constitute a large part of individual holdings, it has already seen a $12.5 billion inflow. As more people get used to the idea of Bitcoin being trade

Year started off with a downturn. Wonder what the rest of the year would hold?

thanks for sharing!

$CME Bitcoin - main 2401(BTCmain)$ $Grayscale Bitcoin Trust (BTC)(GBTC)$ $Coinbase Global, Inc.(COIN)$ Bitcoin on it's road to recovery. Generally bullish, but few ffactors here to consider: Macroeconomic: Inflation rate coming down -> feds (hopefully) lowering interest rates -> increased liquidity in the market. More liquidity -> higher willingness and ability to spend and invest -> increased potential for price of Bitcoin and related stocks to rise.  Markets also seen to be taking a risk on sentiment with crypto (and almost every other asset class (rip bonds). If this sentiment continues into 2024, with the volatility of crypto, as we

$Tiger Brokers(TIGR)$ 2024 is a year of uncertainty. Sure, we might be ending 2023 with strong performances, and a strong indication of where inflation and interest rates is heading, but how will the market react to it? Some basic economics to explore here, which i have broken down into parts for easy explanation later. 1. Interest rates are part of monetary policies aimed at influencing the amount of money flowing into the economy, so as to influence inflation rates. 2. It does this by increasing or decreasing the cost of borrowing/rewards for saving, thereby resulting in the borrowing price/savings reward going up or down. 3a. As interest rates go up, 3b. more people are incentivized to save as the rewards of saving is higher, while more pe

Been trading cryptocurrency for a while. Just like to weigh in on some matters regarding crypto trading: 1. More often than not, most cryptocurrencies do not have any intrinsic use case. Value assigned to tokens is just based on demand/supply, with no underlying worth to the currency.  2. Playing the cryptocurrency market is this akin to gambling. With no real value to most currencies, the ability to make money in the cryptocurrency sphere depends on being able to bring in more demand for the currency/reduction of supply.  3. As such, most of crypto trading requires the throwing of rationality out of the window. Understanding the market becomes an emotions game, and being able to trade properly requires one to be able to read the actions/emotions of others.  4. DD

Entering into 2023, US Fed rates were standing at 4.5%, $SPDR S&P 500 ETF Trust(SPY)$ at 3800s, with major players predicting that we were all heading into recession and an economic slump. End 2023, US Fed rates are now at 5+%, $SPDR S&P 500 ETF Trust(SPY)$ up about 20%, with recession not in sight and the market still performing at its highest levels. I myself is also guilty of such predictions, slowly selling down as interest rates rose, and losing out on about 10% gains that I could have had should I have held on to the stocks that I sold. Here's some lessons that I learned from this year: 1. Take predictions with a pinch of

December is a month that has had more wins than losses over the past 70 odd years, with the percentage of winning months being about 75%. This translates to it being one of the best performing months historically.  As of whether Santa Claus is really the cause of this rally, one might want to seek the opinions of his transport workers: the reindeers (or modern day Tesla). $Tesla Motors(TSLA)$ has been outperforming here, smashing up about 25% since it's lows about 2 months ago. With Santa working in weird and mysterious ways (read: possible interest rate cuts!), one might attribute this red hot rally to the sea of investors rushing in in order to avoid the FOMO, trying to catch the last train out

There's the common misconception that the stock market is a place whereby wealth is made, and made abundantly. While that may be true, especially for those who managed to get in early (eg. $Tesla Motors(TSLA)$ just a few years ago) for the majority of us, the stock market is a place whereby wealth is preserved, and we, as stewards of the assets placed within our hands, learn many lessons both about managing these said assets, and about ourselves.  I myself am one who was lured into the world of stocks, wanting to make as much money in as little time as possible. Scouring threads such as r/wallstreetbets (don't do it!), stocktwits (arguably worse) and watching finfluencers (not all are bad I must say!) for the next alp

Before we do a deep dive into the state of Argentina's economy, I would first like to say that it would be wise to look at the graph of $ARS/USD(ARSUSD.FOREX)$ When we talk about investing, we talk about allocating capital for a long term into a company/organisation/country which we believe will provide returns over a sustainable period of time. ie. Not day or swing trading.  Qn: If we take a period of 5 years, and assume the asset price stayed the same, what would be the current return on the asset solely by influence of exchange rate factors itself?  Ans: About 10x. Not in the positive direction, but in the negative direction. With that being said, in order for your asset to maintain its value in terms of USD, it woul

CEO resign, but who owns the company? Who's the new CEO answerable to? Binance will survive this, being one of the current kings of the crypto space, it's first mover advantage as well as having the capital that it has currently. PS. I have no holdings of BNB