To The Moon

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$Tesla Motors(TSLA)$ the euphoria surrounding the stock that partially arose due to the US Fed's money printing antics back in 2020/21 is now being checked by macroeconomics reality - we'd would have to wait for an alleviation of the dour state of economy or the irrational behaviour of fanatic investors (whichever comes first) to see a return to 2021 stock price highs.

$VinFast Auto(VFS)$  As someone who has taken an interest in the EV sector, I had actually paid attention to VinFast early on and was wondering how I could invest in the company. Unfortunately, since that first time when my interest was piqued, macroeconomic conditions have not exactly been looking that great (e.g., rising interest rates, possibility of global economic recession, etc.) to date. So when it was announced that VFS was going public via a SPAC, my feelings were mixed - I was excited but extremely wary at the same time. Truth be told, I contemplated buying the SPAC stock before the merger but hesitated after seeing (& experiencing) what happened to Polestar which similarly went public via a SPAC - its va

If you've read my previous post on "The Truth About Investing - What I've Learned Since Sep 2021",  you will recall that my portfolio is currently worth 25-30% of what it was valued back in late 2021 when I first started serious investing in the stock market formally. Of course, every investor and trader will know that the dip in value of someone's portfolio currently may be attributed to rising interest rates (to tame inflation), which leads to concerns about the onset of economic recession. The peculiar thing about such a high interest rate environment is that typically good news such as a lower unemployment rate is taken negatively and the market trends downwards while typically bad news such as higher unemployment claims have the opposite effect. To season

still at it - let's go!

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Whatever that's happening right now just goes to reinforcing the fact that the stock market is irrational. I'm still watching on the sidelines and not buying - will sell if I'm in profit but not otherwise. Staying away from greed will help us to avoid a bear trap disguised as a bull run.

Whilst I had dabbled in stocks/shares early, I only got into serious, formal investment in Sep 2021. For experienced investors and/or those with a keen eye, you'd have realized that my formal entry into the stock market happened around when the bull market was at its peak. At that time, any and every other stock one had put money into would result in a positive return - it didn't matter if the stock was a solid one like Google or a dubious one (I won't name names but think along the lines of some of the meme stocks out there). Euphoria was everywhere and everyone was swept away by it, me included. As much as I thought I had done DD in the stocks I bought, what was green in my portfolio in late 2021 started to turn red as 2022 came. Buying into the idea of investing rather than trading, I h

Join in this game @stsockli  👍🏻

Always grateful for and enjoy such fun games that give us a chance to win prizes. Well done, TIGR! 👍🏻💯