To The Moon

Here is how I would decide how many stocks to hold: As all matters regarding personal finance, it would depend on the individual. A number that would be suitable for one person may notbe suitable for another.  1) Risk tolerance: How are you able to take loss? Are you fine with losing 100% of your investment? [Thinking]  Or is any number in the red going to give you sleepless nights?[Gosh]   Diversification with more stocks would reduce concentration risk but would likely reduce your upside. After all, fortune favours the bold! 📈[Miser]   2) Investing skill and experience: Are you an expert in your field, allowing you to find market opportunities that the average person cannot spot? [Thinking]  How long have you been invested in the sto

A good rule of thumb is to only invest in products you understand and only invest money you can afford to lose [Happy] @Breakerr @ravideepak

I plan to start to learn a new skill in this new year! I hope to learn a new programming language. Maybe I will learn how to make a good cup coffee? Become a coffee enthusiast? Only time will tell [Happy]

Happy Lunar New Year Everyone! To the moon! 🚀 @ravideepak @trivex @Breakerr @kytphine

As a dividend investor, it is quite curious be heavily invested in a broad market ETF instead of a dividend focused ETF like $Schwab US Dividend Equity ETF(SCHD)$ , $Vanguard Dividend Appreciation ETF(VIG)$ or $Vanguard High Dividend Yield ETF(VYM)$ . I decided on a portfolio allocation of: - 50% $VANGUARD INTL EQUITY INDEX FUND INC TOTAL WORLD STK INDEX FUND ETF SHS(VT)$   - 50% dividend-growth ETFs I did this for a few reasons: 1) To diversify into international markets, being able to capitalise on emerging markets as well as developed markets. This allows me to lower my risk as a 100% e

My 2023 investment decisions in review: 1) My choice to purchase ETFs as the bulk of my portfolio was and is still a wise decision. It allows me to readjust my holdings according to a set of rules without buying or selling any stock, saving money from transaction costs. [Miser]   In addition, it is done automatically every quarter. This saves me time from analysing stocks and keeping up to date with related stock news. [Cool]   Although this strategy would mean underperforming or keeping up to pace with the market, it would save me my most precious resource - time. For those who aspire to attain higher than market returns, careful stock picking from deep analysis would still be the way to go. [Happy]   2) Speculation in hindsight

Yes, here's my point of view: I mainly follow financial advice from Youtube as the video format tends to be longer in duration and can therefore delve deeper into the topic discussed.  I prefer videos that are evidence-based and with little bias towards their holdings. The topics of videos I watch are usually about the macroeconomy or about investment concepts such as margin trading and risk managememt. These help me to better understand the macroeconomy and learn about financial concepts. [Miser]   Occasionally, I would watch videos on portfolio reviews to get inspired [Happy]  . However, by their very nature, it is impossible for financial advice from Youtube or TikTok to be the best as everyone's personal financial situation is different. Fin

$VANGUARD INTL EQUITY INDEX FUND INC TOTAL WORLD STK INDEX FUND ETF SHS(VT)$ An update on my VT position [Cool]   I believe that slow and steady is the way to wealth[Miser]  

A must-do for Chinese New Year is to gather for a reunion dinner. After all, it is very rare to have a time when almost everyone is free to meet for a meal together and catch up on each other's lives. [smile]

$VANGUARD INTL EQUITY INDEX FUND INC TOTAL WORLD STK INDEX FUND ETF SHS(VT)$  [Cool] A "buy the whole world" strategy[Cool]   Why spend time trying to pick the best apples, when you can buy the whole apple tree[Cool]