Jo Tan

I am only a newbie and must learn from others. Current P/L: Loss $3400 (19 Jun 24)

    • Jo TanJo Tan
      ·06-28
      Thanks for this exciting events!

      [10th Anniv] Discover exciting features & win a US$1,010 reward!

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      [10th Anniv] Discover exciting features & win a US$1,010 reward!
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    • Jo TanJo Tan
      ·06-21
      Hi, thank you for organising this!
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    • Jo TanJo Tan
      ·06-21

      Mid-year Recap: Learning to embrace boring but long-term mindset.

      As we reach the year's midpoint, I've transitioned to a more patient investing approach, resisting the urge to react to short-term market fluctuations. Yes, it is boring and is subjected to less change, but it also means lesser losses. I've committed to tuning out the "noise" (hype from the market) and focusing on companies with strong fundamentals and promising futures. One industry I remain optimistic about is electric vehicles (EVs), driven by governments' increasing adoption of pollution taxes and phase-out of internal combustion engines. My EV-related investments include: - Tesla (-23%) - BYD (-2.5%) - Faraday Future (-90%) - NIO (-10%) I acknowledge mistakes in investing in Faraday Future, a meme stock, and buying Tesla at a high price. The lesson learned is the importance of thoroug
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      Mid-year Recap: Learning to embrace boring but long-term mindset.
    • Jo TanJo Tan
      ·06-20

      My Investing Journey So Far: Lessons Learned

      It's been two and a half years since I started investing, and what a journey it has been! I began during the COVID-19 pandemic, and since then, I've seen stock prices plummet due to wars, viruses, and economic downturns. Yet, I've also witnessed stocks soar over 1000%! Despite my experience, I'm still in the red, but I've learned valuable lessons along the way. Lesson 1: Embrace Market Volatility I used to panic when my stocks dipped, selling at a loss only to watch them rebound later. I've learned to hold onto good stocks with conviction, but also to recognize when it's time to sell, even if it means timing the market slightly. Grab and DBS are examples of stocks that reached peaks and were worth selling. Lesson 2: Avoid Hype and Invest Early I invested in Tesla at its peak at $1200 
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      My Investing Journey So Far: Lessons Learned
    • Jo TanJo Tan
      ·06-19

      Permanently Invested in Grab

      As a long-term investor in Grab, I've been pleased with its steady performance. While it may not have seen the same spectacular gains as NVIDIA, its stability is a welcome trait, especially compared to the volatility that can lead to significant losses. Grab's average price recently surpassed $3.60, though it has since dipped due to Maybank's concerns about monetization. Despite this, I believe Grab is on the right track, continually improving and moving towards profitability. In its Q1 2024 earnings report, Grab reported revenue of $653 million, a with GMV increasing by 18% year-over-year. Its adjusted EBITDA was $62 million, a significant improvement by $129 million loss last year. Grab's financial position has also strengthened, with cash and cash equivalents totaling $5.3 billion as of
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      Permanently Invested in Grab
    • Jo TanJo Tan
      ·01-03

      Newbie's Sharing: The most important thing in investing

      I've written quite a few articles on what I've learnt in 2022 and 2023. However, I thought I would like to share what I think is the most impthing to have in investing that I've learnt to allocate in my portfolio. Would it surprise you to know that money is not the most important? While money is indeed essential, and the stepping stone to investing, keeping it is harder and growing it, well...Even harder. Most of us, especially me, have lost money in the stock market. Even today, if I minus dividends, I am still at a loss of $2800. Was the loss painful? Yes indeed it was but I changed my perspective. I tried to think of this as lessons. It is especially effective because I'm studying part time too and I found that if you "spend" your own money, you are more likely to learn as opposed
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      Newbie's Sharing: The most important thing in investing
    • Jo TanJo Tan
      ·01-02
      Thanks for joining my team bro.
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    • Jo TanJo Tan
      ·01-02
      Hi guys, I need one more member to join the trading contest. Let me know if you are interested. While I'm not some guru, we can work together to win something.
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    • Jo TanJo Tan
      ·01-02

      Newbie's Blog: Building my portfolio this month

      This month, I intend to set in place a strategy for my portfolio. In terms of stocks, I'm looking to continuing investing in several EV stocks, such as $NIO Inc.(NIO)$  and increasing my holdings. I am also thinking about $Tesla Motors(TSLA)$  but buying into this already over-valued stock (at this moment it is more than $250) requires caution. Thus, even if I do build on my Tesla portfolio, it will be slow so I can mitigate risk. Nio on the other hand seems to have more room for growth, although I suspect that it will fall below $9 some time soon. Recently releasing results of a 30% year on year growth for this year, as well as introd
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      Newbie's Blog: Building my portfolio this month
    • Jo TanJo Tan
      ·2023-12-29

      Rise to the challenge with me!

      Hi guys, trading newbie here. I've formed a team and currently need a few more members. As the month is almost over, I hope that some of you can join me.  Find out more here:Rise to the challenge with me! Join Tiger's elite team trading competition, combine your expertise, and team up for a chance to win $200,000 in prizes. Join us now!
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      Rise to the challenge with me!
       
       
       
       

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