To The Moon

🌟🌟🌟Wow! I have just received The Tiger Idol Badge after being with Tiger Brokers for 1500 Days! That is 4 years of my life and what an amazing journey it has been for me. My goal has always been FIRE - Financial Independence Retire Early. In order to achieve that goal, I seek passive income which I receive in dividend stocks as well as ETFs. My strategy is Buy and Hold great stocks and ETFs and after 4 years, I am happy to say that it is a successful strategy. In my core portfolio, I have invested in $SPDR Portfolio S&P 500 ETF(SPLG)$ which tracks the S&P500 Index. This represents 500 of the largest and best US companies in just 1 trade. These in

$Alibaba(BABA)$ isn't giving up without a fight. The e-commerce giant has been facing tough times lately, with a drop in stock price and concerns about its future growth. But instead of sitting back and taking the punches, $Alibaba(09988)$ is throwing some punches of its own. In response to apprehensions about its growth prospects and increasing competition from emerging market rivals like $PDD Holdings Inc(PDD)$, they're buying back a ton of their own stock – $4.8 billion worth, in fact. This is a big signal to investors that Alibaba believes in its own future, and it's a way to boost the stock price. They've also bolstered their buyback plan by an additional $2

With hopes of imminent interest rate cuts by the Federal Reserve, gold prices have recently hit historic highs. We'll analyze the recent surge in gold prices and potential future trends from several angles:1. Interest Rate Policy and Economic Uncertainty:A significant reason behind the recent surge in gold prices is the market's anticipation of interest rate cuts or the maintenance of low-interest-rate policies by central banks such as the Federal Reserve. A low-interest-rate environment typically enhances the attractiveness of gold as it reduces the opportunity cost of holding gold, making it a more competitive asset, especially given its lack of interest yield. Additionally, global economic uncertainties prompt investors to seek refuge in safe-haven assets, further boosting demand for go

$Gold - main 2406(GCmain)$ has been on a tear lately, reaching new highs. While this might sound positive, it could foreshadow some bumps in the road for the stock market. Here’s why. Gold Futures Gold is often seen as a safe haven during economic uncertainty. Investors flock to gold when they're worried about stocks, bonds, or the overall health of the economy. So, a rising gold price could signal that investors are growing anxious. When gold goes up, it becomes a more attractive investment compared to stocks. This can entice investors to move money out of stocks and into gold, potentially dampening the stock market's momentum. It's important to remember that correlation doesn't always equal causation. Just because gold is rising doesn't guar