FIRE- Financially Independent, Retire Early- used to be my goal when I was younger. I wondered very early on in my life, "How can 20% of my salary be able to pay for 100% of my 20-30 years of retirement life with inflation and all?" My answer to that was FIRE. I worked very hard and I saved a lot, so much so that I ate one meal a day and slept about 4 hours daily. I took it to the extreme. Now, about 10 years later, I realize the toil it has taken on my body and mind. I am paying for that now. It didn't go very well either, there were times when I had high ticket impulse purchases from all the curbing of purchases that were always followed by regrets and guilt about how that could have went towards maybe $2 in interest in a year (We had low interest rates last time.) I lost friends because
I opened $Palantir Technologies Inc.(PLTR)$ ,DCA into PLTR. There is currently nothing (listed) that I can see that can compare to PLTR. Their barriers of entry is high, and never ended R&D widens the gap between them and any competitors. This is a long term play. Maybe will reap the benefits after a decade.
I opened 2 lot(s) $ALB.HK 20240829 70.00 PUT$ ,Sold 2 lots as starter position. It is ~ delta 20 with 3 months to expiry, looking at time decay to be in my favour and for baba to stabilise soon when I entered. However, need to reevaluate now that they announced raising debt.
I opened 1 lot(s) $LAU.HK 20250328 70.00 PUT$ ,Li went down a lot yesterday. I feel the reaction was a bit too much. Selling one lot as a starter position. Add on as and when.
$Tiger Brokers(TIGR)$ In my early working years, I forced myself to invest more than 50% of my income. Internet and investment platforms such as Tiger brokers wasn't available so I went through the banks' ILPs. My idea at that point in time was that I can't touch the money in ILP so it acted as a forced savings for me. I had 3 ILPs with varying maturities and varying amounts. At one point I was investing 1k sgd a month, leaving only 400 for daily expenses. 10 years after I started the ILPs and maturities, I realized that the fees in the ILPs ate up a lot of the returns. However, in hindsight, I did have a good amount saved up through this method. After that and through a lot of trial and error, I have revamped my budgeting and inv
I opened 1 lot(s) $ALB.HK 20240530 87.50 CALL$ ,Just a directional bet on BABA since I offloaded alot of long positions in BABA in case BABA had blow out earnings and flies to the moon.