Jo Tan

I am only a newbie and must learn from others. Current P/L: Loss $2860 (20 Dec 23)

    • 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!
    • Jo TanJo Tan
      ·2023-12-29
      Hi Ram, good to meet you. Thanks for signing up for my team. My name is Joshua
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    • Jo TanJo Tan
      ·2023-12-27

      Newbie's Blog: Nio, in for a ride?

      I remember when the IPO for $NIO Inc.(NIO)$  first came out in Singapore. It started from $17 and went up to more than $20. Then it began to fall, recently to its low of $7. Last night, NIO went up almost 10%. If you haven't already invested in Nio, you may be wondering if its time to buy. After all, it seems to tempting, right? Well, I'm no guru, and I wanted to add more to my portfolio last night but I held back. Of course, the stock then was at $8.88 and after a few hours (I went to sleep to suppress my urge to buy more), it went up to $9.40.  Do I regret my actions, or rather, inactions? Well, the answer is no. Why? Well, the stock went up because of NIO's deal and if you jump in now, I think the risk of
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      Newbie's Blog: Nio, in for a ride?
    • Jo TanJo Tan
      ·2023-12-26

      Newbie's Blog: Final Days of 2023

      If you are still on the investing journey, like me, I think many of you should be planning ahead or maintaining (if it has worked) for the upcoming year. No doubt, like me as well, we will be asking whether the year ahead will be different, having pivoted from a year of rate hikes to one of rate cuts. Perhaps you could be restrategizing your resources with the lower interest rates, just like many companies probably are. Previously, companies, especially tech ones like Alphabet, $Tesla Motors(TSLA)$  and $Grab Holdings(GRAB)$  , as well as many others had to put aside resources and money to pay for higher interest.   But with
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      Newbie's Blog: Final Days of 2023
    • Jo TanJo Tan
      ·2023-12-21

      Newbie's Blog: Looking back on 2023

      I have accumulated more knowledge from investing in 2023. It's because I've made so many mistakes (and a lot of losses). Thats is why i still consider myself a newbie. The key mistake I've made is following my human nature and dispensing of my "principles". Let me share with you what I've learnt and didn't learn: 1. I couldn't prevent myself from buying when stocks were green: In order words, FOMO. For most of the year, I have restrained myself from jumping in whenever stocks go through the roof. I have done this by trading passively and not jumping at key financial events like Fed announcements or earnings reports. However, there are times when I see $Tesla Motors(TSLA)$   or 
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      Newbie's Blog: Looking back on 2023
    • Jo TanJo Tan
      ·2023-12-21

      Newbie's Blog (21 Dec 23): Market Pull Back

      There was a pull back last night, after the "Christmas Rally". The S&P fell 1.47% while the NASDAQ fell 1.5%. $NIO Inc.(NIO)$  having grown by 10% in the last few days fell below $8 again. There was a lot of speculation that the market was now optimistic and the market would be green.  To be honest, I wouldn't look too much into the daily ups and downs and while I would like to say I didn't react much during the short lived rally, I did suffer a bit of FOMO with Nio. However, unlike the previous year, I reacted "less". To be clear, I broke my rule of not buying during a rally or while the stock is green and I laughed at myself because I deserved it. Ironically, my behaviour and perspective reminds m
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      Newbie's Blog (21 Dec 23): Market Pull Back
       
       
       
       

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