here is my list of favourite books for World Book Day1. Rich that poor dad - about finance and literacy 2. Love in the time of cholera3. Billion Dollar Whale - tellls the story of 1MDB4. Bible - one of the richest and oldest texts on the world 5. Sun Tze Art of War - one of the best strategy books6. The Giving Tree - very short book. But teaches us to be appreciate and that life is short. Treasure those around you!
Good companies are more important if you are holding for the long term. No matter how good the price is, the trend will be downwards if it is a bad company. But if you are a short term investor with a clear exit strategythen go for good price to make a quick buckbecause good companies need time for their stock to rise!
This is my favourite snack. It's called a peanut cookie. Don't know what it is called on chinese. I was first introduced to this by my grandfather. he said it brings good luck
The USD rising will cause MAS to strengthen the SGD to curb inflation. Remember that MAS uses a Forex policy! This means travelling to other countries will be cheaper and investing in stocks in Australia will be cheaper in the short term. However if you are business owners exporting to countries like australia, your products will be less competitive andyour profits will be affected.
Meme stocks are based on hype. Always think about what is the business model and is it sustainable before buying. Because of hype, meme stocks will always go up, the question is when will it come down! and how far down! If you have insider knowledge on these, then go ahead and buy. Otherwise it is a gamble!