For 2023 in reviewing my investments. The Fullerton SGD money market funds provide stable interest income. I invested in the fractional US stock s in tech, oil and defence sector. In hindsight should not have invested in the defence stock. They are performing as I anticipated. I have invested in one fixed income fund which I divested before the FOMC rate decision. The fund has gone up since then. Going forward in 2024 we will go in for the bond & equity funds since the Fed has indicated 3 rates in 2024
investors are now being selective. They are spook by the increase in spending into AI infrastracture by the hyperscalers. Only Microsoft is the better of the lot.
I am bullish on Netflix (NASDAG. NFLX) after increase in 3rd qtr earnings due to crackdown on share passwords and increase in Premier accounts nudge subscriber to their less expensive ad-supported tier account and resulted in a gain of 8.8 million subscribers.
$NVIDIA(NVDA)$ The Biden chip curb has created uncertainty for NVIDIA. Inspite of price fall last Friday due to the NFP report. I will wait for price to fall to $ 1.22 near the 30DMA as price has rebounded from this level.