LOL @ all the delusional people in the comments. Yall clearly haven't been through a financial crisis and it shows. Naively overconfident on the stock market with its insane multiples.
I believe there is still some way to go before the market bottoms out, and tech will be hit hard. It's probably wise to hedge with some Puts with the VIX being relatively low right now. What I'm doing is buying some Puts and then adding to my long positions once the market drops another 10%.
I believe it is possible and probable that the HSI goes lower. However, I believe that even at current prices, the HSI and most Hong Kong stocks are trading at fair value. My strategy for investing into the Hong Kong market is simple - start dollar cost averaging into the index at current levels. No point waiting. You will most likely come out tops in the long run (5-10 years).
Lol 22x forward PE is still overvalued. The entire market was overpriced for the past 5 years, so saying the average in that period was 24x means nothing. I will only buy when PE is 20 or under.
Massive L for Apple."New" iPhone 14: Basically, same shit different year.Still same design.Still the same A15 chipset (read: no performance improvement).Still a low-refresh 60Hz non-4K display.Still no USB-C.Still no fingerprint reader.Still no headphone jack.Still no expandable storage.Still no front-firing stereo speakers.And they actually made the Pro models worse by having that front-facing camera island so far into the screen that it disrupts content-viewing more than the notch.And the base non-Pro, non-Plus iPhone 14 with 512GB of storage (which is the minimum requirement for me in 2022) costs $1800 SGD.Absolute joke.How stupid does Apple think their fanboys are?If you're looking to buy an iPhone, go with the discounted iPhone 12 or 13 lineup, or wait another year for the 15.