Kaixiang

    • KaixiangKaixiang
      ·02-06 22:00

      Knowledge is Power, Time to Read Up!

      As the saying goes, "Knowledge is Power". The more you know, the better you are. This is one of the the reasons why you should never stop learning. While some may opine that knowledge can be obtained through real-life experience and people interaction, reading brings forth many other benefits besides expanding your knowledge.  Personally, I am not a fan of fiction (no offence to those who do!) though they do offer some thrills and entertainment occasionally. Given the limited time due to a busy work schedule, I prefer focusing my reading time on self-help books. Since many of my Tiger friends would be sharing finance/investment related books, Iwill share the other genres instead [Grin]  2 notables titles I would like to read this year are:  1. No Rules Rules - $Netflix(NFLX)$  and the Culture of Reinvention by Reed Hastings & Erin Meyer Many would be familiar with the story of how Netflix tried to get Blockbuster to acquire them in their early days only or be rejected, but Blockbuster is now bankrupt and Netflix has grown into a multi-billion entertainment giant.  However, the focus of this book is not to delve into how Netflix leveraged disruptive technologies and transformed itself. Instead, this book aims to reveal one of the keys secret behind Netflix’s success, i.e. its unique culture.  it will reveal the motivation and thinking behind Netflix' contrarian practices on increasing talent density, increasing candor and removing controls. It will be interesting to see how these practices can be put into practice to achieve the desired success.  2. Think Again: The Power of Knowing What You Don't Know by Adam Grant  This book aims to explore the theoretical and practical values of rethinking and mental agility. While these are not new, they are definitely worth reminding ourselves. Lifelong learning and keeping an open, flexible mind will be critical concepts that Adam Grant will be emphasising.  Certainly hope to explore how rethinking happens, how we can change our minds, how we better persuade others effectively, and how we can establish cultures of lifelong learning. In this rapidly evolving economy, lifelong learning has become increasing important as we need to continuously push our potential and stay relevant in this society.  What are the books that you have shortlisted for this year? Happy to hear from you! [Cool]  @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents  
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      Knowledge is Power, Time to Read Up!
    • KaixiangKaixiang
      ·01-24

      3 Pitfalls to Avoid in the Stock Market

      The COVID-19 pandemic has attracted a wave of new investors who may think investing is simple and the stock market is platform to get rich quickly. Some may have probably realised that the market is probably a bigger and way more complex animal than it appears to be as most portfolio get decimated under a rising interest rate environment in 2022.  With 2023 likely to another challenging year as recessionary fears starting to haunt investors, it is critical to know the common pitfalls and be prepared to avoid them.  1. Failing to diversify the portfolio It is human nature to have favourite or preferred companies. Posts containing headers such as "How much you have earned if you invested $xxx in xxx stock" are plastered over social media, and also how many people amassed large amounts of wealth and became "Teslanaires" by focusing on $Tesla Motors(TSLA)$ This may have prompted some retail investors to pick only a handful of stocks. The portfolio value would have vaporised by at least 30-40% easily if one has picked speculative, meme or overvalued stocks such as $GameStop(GME)$ ,$Palantir Technologies Inc.(PLTR)$  $Enphase Energy(ENPH)$ . Hence, it is imperative to diversify your investments to spread risk and reduce the impact of any one company performing poorly. This can be in the form of buying at least 15-20 compseis in various industries. Do note that buying an bunch of tech giants does not equate to Portfolio diversification! For those who do not have the time to do research on individual companies, ETFs such as $SPDR S&P 500 ETF Trust(SPY)$ and $Invesco QQQ Trust(QQQ)$  that mirror the index can be good choices for long term investments.  2. Being too emotional and not sticking to your game plan.  One can be easily swayed by the market volatility and get caught up in the excitement or fear of the market. Most retail investors would either FOMO and buy in at higher than intended prices at an enormous rally or panic sell at a loss in a stock market plunge.  Emotions can derail your game plan as losses get materialised or market reversals after a FOMO diminishes your purchasing ability. It is crucial to stay calm and stick to your plan instead of making impulsive decisions influenced by market emotions.  3. Being impatient The stock market can be volatile as it does not move in a straight line. Unless you are trading, it is important to be patient with your investments as long as the companies continue to have strong fundamentals or exhibited good growth potential, such as Microsoft, Amazon etc.  What this means is not to make impulsive decisions based on short-term fluctuations. One should focus on longer term trends and wait for the right opportunities to buy.  As we usher in the year of rabbit, I wish all myTiger friends a year abundant of happiness, good wealth and prosperity! May all our portfolios hop to new highs and @Tiger_SG continue to achieve greater heights!  @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents  
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      3 Pitfalls to Avoid in the Stock Market
    • KaixiangKaixiang
      ·01-22

      Happy Lunar New Year! 🥳🍍💰

      Wishing Tiger Brokers and all my fellow Tiger friends a year abundant of joy, good health, properity and wealth!  2022 has been a very challenging year for most retail investors with many of the stocks so badly beaten down. May our portfolio bunny hop to new highs as we usher in the year of rabbit! Hopefully 2023 will be a year for REITS topost a strong rebound and continue to generate good dividends/cash flow $LION-PHILLIP S-REIT(CLR.SI)$ $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$  Gong Xi Fa Cai and huat ah my friends! [Grin] 
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      Happy Lunar New Year! 🥳🍍💰
    • KaixiangKaixiang
      ·01-21

      Happy Lunar New Year! It’s time to feast again!

      Hello my fellow Tiger friends! It’s our favouriteLunar New Year once again! It's time r o feast and enjoy this joyous season with your loved ones. There are many yummy goodies, such aa bak kwa, pineapple tarts that are so classic and well-loved by many. For our non-Chinese friends, pineapple tarts in dialect ("ong lai") resembles or signifies wealth and prosperity, hence it's definitely a must-buy during this festive period. I am pretty much spoilt for choices in which goodies to share - who wouldn't when faced with so many yummy-licious goodies! [LOL]  Perhaps I shall share something less conventional, which is green pea cookies from Mdm Ling! The crunchy green peas with a tinge of smokiness that simply melts in your mouth. For those who are not fans of green peas, fret not! The taste of green peas is well-balanced and not overpowering. Certainly a must try! Wishing all my Tiger friends and their loved ones best of health, success, and abundance of wealth in this new year! May our portfolio bunny hop to new highs! Huat ah! [Grin]  @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents  
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      Happy Lunar New Year! It’s time to feast again!
    • KaixiangKaixiang
      ·01-17

      RSI - Easy to Use Momentum Indicator

      Technical indicators are widely by traders to understand the market sentiment. These indicators provide clues as to how the stock price will move using different metrics. There are several popular indicators, such as Moving AverageConvergence Divergence (MACD), Relative Strength Index (RSI) and Stochastic Oscillator.  There is no perfect technical indicator. Insteadof trying to use most of them in your analysis,pick one or a few that you find useful in making your trading decisions. For me, I find the RSIthe easiest to apply.  So... what is the RSI?  The Relative Strength Index (RSI) is a momentum indicator that measures the speed and magnitude of a stock's recent price changes. This helps to evaluate whether the stock is in an overvalued or undervalued condition. The RSI is displayed as an oscillator on a scale of 0 to 100.  How do we apply the RSI? The RSI can provide indication whether there is a potential trend reversal or pullback for the stock price. In other words, the RSI can signal when to buy and sell. Conventionally, a RSI reading of 70 or above indicates an overbought situation while a reading of 30 or below indicates an oversold condition. Example of Oversold - $UnitedHealth(UNH)$  Example of Overbought - $UnitedHealth(UNH)$  However, it is important to also note that the RSI indicator can remain in the overbought region for prolonged periods while the stock is in an uptrend. Similarly, the RSI may also remain in oversold territory for an extended period when the stock is in a downtrend. This may beconfusing for new traders but complementing the RSI with trend lines or other indicators may help to provide greater clarity.  Example of RSI in prolonged overbought territory - $McDonald's(MCD)$  Example of RSI in prolonged oversold territory- $Alibaba(BABA)$  RSI isn't limited to trading only - it can also be used for long-term investing As a value investor, I focus more on buying fundamentally strong companies for the long haul. While this means a longer term investment horizon where price fluctuations are less critical as compared to trading, RSI can provide guidance (to some extent) on when to add or enter new positions for your shortlisted companies.  Hope this article is of some help in your trading or investment journey. Best of luck to all myTiger friends in 2023!  @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents  
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      RSI - Easy to Use Momentum Indicator
    • KaixiangKaixiang
      ·01-03
      Replying to @LMSunshine:Sadly, i can’t. Tiger support is looking into this. Seems like the problem is bigger than the initial [LOL]//@LMSunshine:I can only see your post when you tag me. I just checked the topic also. Dont have yours. I can see the rest of the buddies and my own post😅 Can you go into the topic to check to see if you can see your own?
      @Kaixiang
      ComfortDelGro - Slowly but Surely The past few weeks were filled with trepidation as investors were praying for a final Santa rally only to be disappointed. With recession fears looming in recently weeks, I decided to opt for a more defensive play (some may even call it boring) - increasing my positions in $COMFORTDELGRO CORPORATION LTD(C52.SI)$ (“CDG”). Some may cringe at the thought of a traditional SGX company. However, CDG has slowly pivoted from its traditional public transportation business to adopt new business models, including the latest EV charging stations with SP Group. This gives its investors some comfort (no pun intended) that management is trying to stay atop of the disruptions within the transportation industry. For the latest Q3'22 earnings, it reported a 7.9% YoY increase in revenue and 31% YoY increase for PATMI. The improving operational results were backed by higher rail ridership and taxi passenger demand. With the relaxation ofCOVID-19 measures in Singapore, this will help provide some buffer to the margins which isthreatened by the higher wages and inflationary pressures across various countries. This is further supported by the partnership betweenCDG and Gojek, which we may expect more areas of collaboration to be announced in the coming months from both management. While CDG may not have the balance sheet like the local banks, its dividends payout has been decent (~3.4%) and is expected to remain robust. CDG may be a safe option with recessionary fear mounting since the transportation industry is generally quite recession resistant. With price back at its 2020 lows, CDG's valuation may start to be attractive once again as a defensive play. What is your strategy for 2023? Happy to hear your thoughts @DiAngel @RDPD富爸穷爸 @MHh @pete13 @HelenJanet @SPOT_ON @Bonta @Boo2020 @koolgal @Big Cat @Bellabing @EKT @SR050321 @VivianChua @Wayneqq @wywy @WYCKOFFPRO @Jaydenkho @Furore @AliceSam @TinyTiger @LMSunshine @Fenger1188 @melson @BenjiFuji @pekss @rL @JC888 @Mungerism @daz888888888 @CYKuan @Jo Tan @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents
      ComfortDelGro - Slowly but Surely The past few weeks were filled with trepidation as investors were praying for a final Santa rally only to be disappointed. With recession fears looming in recently weeks, I decided to opt for a more defensive play (some may even call it boring) - increasing my positions in $COMFORTDELGRO CORPORATION LTD(C52.SI)$ (“CDG”). Some may cringe at the thought of a traditional SGX company. However, CDG has slowly pivoted from its traditional public transportation business to adopt new business models, including the latest EV charging stations with SP Group. This gives its investors some comfort (no pun intended) that management is trying to stay atop of the disruptions within the transportation industry. For the latest Q3'22 earnings, it reported a 7.9% YoY increase in revenue and 31% YoY increase for PATMI. The improving operational results were backed by higher rail ridership and taxi passenger demand. With the relaxation ofCOVID-19 measures in Singapore, this will help provide some buffer to the margins which isthreatened by the higher wages and inflationary pressures across various countries. This is further supported by the partnership betweenCDG and Gojek, which we may expect more areas of collaboration to be announced in the coming months from both management. While CDG may not have the balance sheet like the local banks, its dividends payout has been decent (~3.4%) and is expected to remain robust. CDG may be a safe option with recessionary fear mounting since the transportation industry is generally quite recession resistant. With price back at its 2020 lows, CDG's valuation may start to be attractive once again as a defensive play. What is your strategy for 2023? Happy to hear your thoughts @DiAngel @RDPD富爸穷爸 @MHh @pete13 @HelenJanet @SPOT_ON @Bonta @Boo2020 @koolgal @Big Cat @Bellabing @EKT @SR050321 @VivianChua @Wayneqq @wywy @WYCKOFFPRO @Jaydenkho @Furore @AliceSam @TinyTiger @LMSunshine @Fenger1188 @melson @BenjiFuji @pekss @rL @JC888 @Mungerism @daz888888888 @CYKuan @Jo Tan @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents
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    • KaixiangKaixiang
      ·01-02
      ComfortDelGro - Slowly but Surely The past few weeks were filled with trepidation as investors were praying for a final Santa rally only to be disappointed. With recession fears looming in recently weeks, I decided to opt for a more defensive play (some may even call it boring) - increasing my positions in $COMFORTDELGRO CORPORATION LTD(C52.SI)$  (“CDG”). Some may cringe at the thought of a traditional SGX company. However, CDG has slowly pivoted from its traditional public transportation business to adopt new business models, including the latest EV charging stations with SP Group. This gives its investors some comfort (no pun intended) that management is trying to stay atop of the disruptions within the transportation industry. For the latest Q3'22 earnings, it reported a 7.9% YoY increase in revenue and 31% YoY increase for PATMI. The improving operational results were backed by higher rail ridership and taxi passenger demand. With the relaxation ofCOVID-19 measures in Singapore, this will help provide some buffer to the margins which isthreatened by the higher wages and inflationary pressures across various countries. This is further supported by the partnership betweenCDG and Gojek, which we may expect more areas of collaboration to be announced in the coming months from both management. While CDG may not have the balance sheet like the local banks, its dividends payout has been decent (~3.4%) and is expected to remain robust. CDG may be a safe option with recessionary fear mounting since the transportation industry is generally quite recession resistant. With price back at its 2020 lows, CDG's valuation may start to be attractive once again as a defensive play. What is your strategy for 2023? Happy to hear your thoughts @DiAngel @RDPD富爸穷爸 @MHh @pete13 @HelenJanet @SPOT_ON @Bonta @Boo2020 @koolgal @Big Cat @Bellabing @EKT @SR050321 @VivianChua @Wayneqq @wywy @WYCKOFFPRO @Jaydenkho @Furore @AliceSam @TinyTiger @LMSunshine @Fenger1188 @melson @BenjiFuji @pekss @rL @JC888 @Mungerism @daz888888888 @CYKuan @Jo Tan @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents  
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    • KaixiangKaixiang
      ·2022-12-29
      To my fellow Tiger friends, my user ID is finally searchable on Tiger platform! Pls look out for the friendly Spidey avatar.  Many thanks to @Tiger_SG for fixing this long-term issue. I can now better interact with myfellow Tiger friends in the community [Grin]  @DiAngel @RDPD富爸穷爸 @MHh @HelenJanet @SPOT_ON @Bonta @Boo2020 @koolgal @Big Cat @SR050321 @VivianChua @Wayneqq @wywy @WYCKOFFPRO @Jaydenkho @Furore @AliceSam @TinyTiger @LMSunshine @Fenger1188 @melson @BenjiFuji @pekss @rL @JC888 @Mungerism @daz888888888 @CYKuan 
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    • KaixiangKaixiang
      ·2022-12-29
      Dividends As A Defensive Play in 2023 2022 is nearing to an end but the much anticipated Santa rally is nowhere in sight. Seems like Santa is stuck in the winter storm as the market shivers in the fears of a recession instead of busking in a year-end rally.  2023 will not be an easy year for investing as the probability of a recession continues to mount with the rising interest rates and news of layoffs proliferate across multiple industries. While one can never time the market, one should be cognisant of the type of assets to invest in such challenging times.  For myself, having a consistent cash flow through dividends will be one defensive play that I may adopt next year. REITS may have been badly battered in 2022, but choosing strong ones will help you tide through a potential recession. For those who are not confident in pickingtheir own REITS, $LION-PHILLIP S-REIT(CLR.SI)$ can be an excellent choice.  It is an ETF with a basket of high quality S-REITS that pays dividends twice yearly. Furthermore, it has a very low management fee of only 0.5%.  Among the top holdings within this ETF are some solid S-REITS which include $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ , $FRASERS CENTREPOINT TRUST(J69U.SI)$  etc. These REITS have proven to be highly stable with strong sponsor and quality assets. Given that each REIT is capped to about 10% in this ETF, it ensures that the overall portfolio is balanced and investors are not over exposed to any REIT.  The Lion-Phillip S-REIT ETF currently offers adividends yield of approx. 5.6%, which is not too shabby compared to the Singapore Savings Bond (SSB) and T-Bill which are about 3.26% and 4.2% respectively. Some may argue that the premium for this ETF is marginal, however regular DCA into this EFT may provide the cash flow (for re-investment) and good potential upside when the market recovers.  Personally, for dividend plays, I prefer S-REITS over those in US as they are not subjected to withholding tax, which can be very substantial (currently at 30%) for US dividends.  What's your strategy for 2023? Happy to hearyour thoughts and may the market be in your favour! [Cool]  @DiAngel @RDPD富爸穷爸 @MHh @pete13 @HelenJanet @SPOT_ON @Bonta @Boo2020 @koolgal @Big Cat @Bellabing @EKT @SR050321 @VivianChua @Wayneqq @wywy @WYCKOFFPRO @Jaydenkho @Furore @AliceSam @TinyTiger @LMSunshine @Fenger1188 @melson @BenjiFuji @pekss @rL @JC888 @Mungerism @daz888888888 @CYKuan @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents  
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    • KaixiangKaixiang
      ·2022-12-28
      Santa, please give me Microsoft If I am only allowed to choose 1 stock as my X’mas gift (though I hope Santa would be mor generous), I would go for $Microsoft(MSFT)$ . Yes, it may sound boring, but Microsoft is undoubtedly the leading tech company with one of the strongest economic moat and fundamentals globally. What beats having a stock that can weather you through the roughest of all storms yet gives you the growth and returns in an economic recovery? Firstly, Microsoft’s Intelligent Cloud, otherwise commonly referred to as Azure, has grown to become the largest revenue driver and poised to grow at least 20% year over year. While companies may be controlling their expenses on cloud services in anticipation of a recession next year, the prospects of the cloud services industry remain favourable as it is a crucial component for digital transformation. Next, its Productivity and Business Processes continue to be robust with its Office products (which remain indispensable for most companies) and the continuous improvement in its Microsoft Dynamics enterprise applications (used by many MNCs such as Coca Cola). While there might be headwinds due to slowing macroeconomic growth, this segment will prove to be rather resilient as these enterprise tools are rather demand inelastic due to their criticality in running day to day operations. However, we may see slowing growth as companies become more prudent in expanding into additional services or new companies adopting Microsoft’s applications. Another notable segment is none other than its Personal Computing segment, particularly the X-Box. Microsoft’s share in the gaming market has grown leaps and bounds as its X-Box console and games rose rapidly in popularity over the last 5-10 years. With the gaming industry forecasted to grow at about 13% CAGR, Microsoft will only stand to benefit from this trend in the long term. This does not account for the acquisition of Activision Blizzard which if successfully completed, will only further cements Microsoft’s leadership position in the gaming industry.  I am also a personal user of the Microsoft Surface Pro laptop (also part of Personal Computing), which works perfectly as a traditional laptop and even better as a tablet. Its refined and professional looks is a strong alternative to the much pricier Apple MacBook for the same tech specifications.  Microsoft’s strong balance sheet of over $100 billion in cash and short-term investments is akin to a impenetrable fortress. Coupled this with a strong operating cash flow of over $89 billion, Microsoft will continue to be a dominant tech company that will thrive even in a recessionary environment. Definitely a great long-term investment to hold [Grin]  @DiAngel @RDPD富爸穷爸 @MHh @pete13 @HelenJanet @SPOT_ON @Bonta @Boo2020 @koolgal @Big Cat @Bellabing @EKT @SR050321 @VivianChua @Wayneqq @wywy @WYCKOFFPRO @Jaydenkho @Furore @AliceSam @TinyTiger @LMSunshine @Fenger1188 @melson @BenjiFuji @pekss @rL @JC888 @Mungerism @daz888888888 @CYKuan @TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents  
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