[Thinking]  CNY pineapple tarts are finishing. It's a yearly tradition from my family to make pineapple tarts for cny To share within thefamily. When my dad was still around, we used to use pineapples and make the paste from scratch. After he's gone, we ended up buying the pineapple paste from confectionery speciality stores.  Things will never be the same again with loss of family member. But traditions that we hold dear, should continue to remind us of what it means as a family.  CNY is a great time to not just do reunion for sake of reunion, but also to remind us to be thankful for those who are still present inour lives. Happy CNY!

In the year of water rabbit, may fortune and prosperity flow for all like water flowing down the river. [Allin] [Allin] [Allin]  wishing $Alibaba(BABA)$ continue to Alifafa and continue to do well for the year. [Cool] [Victory] [Victory] [Victory]  Also wishing all to have gd health and good luck for the new year ahead.

There's a new round of tug of war event in meme world again. $Bed Bath & Beyond(BBBY)$ $AMC Entertainment(AMC)$ $GameStop(GME)$  Here we go again. On 1 end, we have the institutions who are shorting the meme stocks, as well as those who seek to profit from the overvaluation of meme stocks. On the other end, We have the retail investors who are buying up shares in troves to force a short cover rally. The losing side will tend to call for reinforcements, and it goes on and on until 1 side loses convincingly.  The fascinating part about this tug of war isthat after each match, somehow ano

There's a saying between my investing group of friends. "Red means buy" We love getting caught up in bear markets. Markets are throwing discounts at our faces. Great stock sales. Quality companies are selling at rock bottom prices, what's not to like. [Cool]  However, we really dun like stock rallies... Opportunities to buy cheap stocks become lesser and lesser. Discounts are hard to find. Riding rallies up, worsen stock average price by averaging up instead of improving stock average price by averaging down.  Hence, my friends and I are loving the current bear market. Please give us more bears [Cool] 

I am never a fan of using TA for buying & selling besides simple support and resistance with occasional volume checks. I do prefer to use FA instead.  Stock selection aside, which includes looking into company's business model, future potential, management track record, profit margin etc My entry criteria is based on valuation.  The greater the discount to the stock, the better it is.  I usually check against P/E ratio and P/B ratio. Out of which, my fav is P/B ratio. Why P/B ratio?  P/B ratio is known as price/book ratio. In layman's terms Price refers to price of stock. While book refers to company's assets - liabilities. How I see book value is if the company is to close now, this is the amount that the company is worth.  In my opinion, i

Quite surprised to see the annual recap pop out. It's nicely done. tiger has done a great job. Haha. It's indeed true that most of my positions are in options. Guess the trading of options has gotten mechanical to the point that I didn't even realised how Much money is being transacted. [LOL] [Facepalm] . Glad that tiger pointed it out. [Thinking]  Thought about the winning rate. It makes sense as i did DCA for stocks, and rolling for options For those That are not profitable.This will mean that I take loss for short termto buy time for trade to go in my direction. It's really amazing to see how generous is tiger. That's a lot of free gifts. [Cool]  Well, not too bad for 2022. let's make 2023 a better year. [Cool] [Cool] [Cool] 

$Hong Kong Exchanges and Clearing(00388)$ is my last trade for 2022 Sold puts At $310 to do some fishing. Between us and China markets, I do believe that China markets are clearer. The biggest question about China is always about when will they stop covid-zero policy.  Once they open up, there's no turning back. There will be ups and downs and likely will have many people fall ill and people will die, but guess it can't be helped. It already happened to all the other countries, eventually it will still go back to China.  I do believe that the recovery won't be immediate and will not be smooth, but I will rathera slower uptick, then to play bungee jump with us markets. hence, I am opening more and more position in Hong Kong mar

Glad that tiger mentioned about yearly review on our investing journey. Sometimes we do get too caught by the action and the day to day movement that we doforget to do a review.  Reviews of where we did wrong and where we did right, will improve our investing knowledge and understanding and sets foundation for subsequent years.  2022 is an exciting Year, and for many younger investors, it's likely the first time they encounter the bear inside the bear's den, Instead of viewing the bear from a safe distance from history or hear say from other investors.  I was pleasantly surprised by my portfolio results. Will split into options and stocks Stocks wise, my portfolio comprises of undervalued dividend paying stocks.  There were a few which became value traps like

Been taking advantage of tiger's reits event and buying into s-reits almost daily for chance to spin the wheel.  Buying minimum log of s-reits will already qualify for chance to spin the wheel, which is typically 100 shares. Considering that many of the s-reits are around $2 and below mark, and 3rd party fees  are around $1 after deduct free commission, If manage to obtain $5 voucher and above will result in savings of around $3.8 per 100 shares. If share value is $1, and 100 shares are purchased, $3.8 savings is around 3.8% discount. If the s reits price is lower, the better the discount. So far the rate of $5 voucher is rather high for me. So it makes sense for me Tk continue accumulating. I had added

Strange that this topic will come out. [LOL]  I just sold strangles for $Apple(AAPL)$ And $Tesla Motors(TSLA)$  Apple strangle is at $150 call & $115 put while Tesla strangle is at $175 call & $90 put. The rationale for selling strangles for apple is that, I am of the opinion that valuation is attractive, but I doubt that next year's economy would be friendly to apple, esp in consideration that apple didn't raise iphone prices even without counting supple chain issues to the mix.  Hence, my opinion is that in the short run, apple prices will remain range bound. Selling strangles will allow me to capture time decay bearing any strong directional moves. Rationale for se

Today is boxing day. It's the day that children open up their Christmas presents.  It's also an appropriate date to wish for presents for Christmas. [LOL]  Since I am hoping for stock as present, I might as well wish for something expensive. $Berkshire Hathaway(BRK.A)$ will be my choice. 1. It's a stock that few can afford, even as a single share. 2. there's no need to choose stocks or sectors, let the team that's formed by Warren Buffett and Charlie munger handle the decisions and heavy lifting  3. Value investing will always be relevant regardless of market cycles. It's the tortoise vs the hare... 4. Granted maybe the heavy dose of Coca Cola will get to warren Buffett & Charlie munger eventually, but I do have

Musk vows to stop selling Tesla shares? [LOL] [Facepalm] [LOL] [Facepalm]  After so many rounds of being played by thewords of Elon musk and his frequent about turns that rivals roti prata makers, it comes as surprising that people still believes in whathe says at face value. I dunno, maybe he suddenly turn over a new leaf and stand by his words? Maybe he is worried that if he dun say something fast, Tesla share value will drop so much until he face margin call due to his purchase of Twitter? It's a very vicious cycle that Elon musk needs to Break urgently. Great part of his wealth is tied to his stake in Tesla. if Tesla value keeps plunging, he will get margin call and have to sell even more Tesla shares. and the cycle Will go on and on with no end in sight.  Twit

$HSTECH(HSTECH)$ Watching hang Seng tech index drop is a fitting introduction to Halloween session.  [Facepalm] 

Catching falling knives is somehow frowned upon by the "experts" in investment field. It's deemed as a reckless act, as when we catch a physical falling knife, we will likely failin catching it and will end up injured for nothing as we are cut by the sharp edge.  It is advised to pick up the knife only when ithas fallen flat on the ground to prevent any injury.  When we translate it to investing, it will mean to only start buying when the prices stop falling and the price is flat or going up.  In theory, it's perfectly sound. But is it practical? Can we always time the bottom And catch the rallies? Personally, I do not have the confidence To time the bottom. I did try to catch and call bottoms when I was starting out in investing, more often than not, the ship left with

Tiger's engagement with the community is one of the best to me amongst the competition.  There are lots of positives, like special events, giving rewards for posting and giving likes, which does make engagement more fun and rewarding.  However, sometimes I do wonder what can tiger community be like?  There are currently many active users who pst and communicate, even forming groups of friends who will respond to each other's post. That's very positive.  I do wonder can tiger do even more? There are some suggestions that I currently have: 1. Enhance linking picture within Post There are currently some issues with posting of pics within articles. There appears to be some formats or pics which are not supported when uploading. In addition, after we upload pics, the po

By now, impact of high usd is all over us.Property loan interest rates raising.Currency losing strength vs usd, which makes traveling to USA relatively more expensive.Oil prices that are priced in usd, even if oil prices doesn't go up, the currency exchange results in the oil prices going up As long as we are importers. Being the biggest currency in the world, anymovement will send shockwaves Throughoutthe world. Even hermit crabs like North Korea are also affected...Doom and gloom aside, I remain an opportunist. Where and how can I benefit from it.Let's look at How to use tiger platform To maximise usd Through lens of option seller followed by stock buyer1. Currency exchange from native currency to usdDo u know that when using tiger platform, even if u deposit sgd only, u do not

Market plunged, people around me are lamenting and giving pitiful looks.Some are hiding their heads in the sand, refusing to look at their portfolio. Some are counting their losses based on number of air conditioning units for lack of a better comparison. True story [Facepalm] Do I care which Stage of investor sentiment am I in? Nope. I dun really care. I only know the following...my portfolio is getting a hell of a beating. So what do we do? We can choose to 1. Roll over and play dead and hopefully the bear will pass us by, by selling away all our positions. The bear will leave nothing behindthough...2. Become an ostrich and dun look at our portfolio by hiding our heads in the sand until the bear left us.3. Dance with the bear How so?As a value investor,