To The Moon

My Most Successful Investment During the first quarter, my most successful investment was probably locking some of money into the fixed deposits before the rates dropped across the board. I was hoping for interest rates to continue going up but the signs were there that interest rates in Singapore would dropped based on how the yield for Treasury Bills(T-bills) issued by Monetary Authority of Singapore were dropping. Luckily, I managed to lock in some before the rates dropped. The institutions which offered higher interest rates more than 4.1% p.a. for fixed deposits were under RHB bank, CIMB bank and Sing investments and Finance limited and there were some promotions rates offered during the Chinese year period. I also removed a huge chunk of my US dollars from brokerage accounts and put

[Miser]Hi Tigers[Cool]Do you often consume luxury brand or goods?In this article, we collected the top 17 luxury goods companies Q422 or FY22 financial data, knowing that 12 of 17 companies see sales increased YoY and, most of the 17 companies see net profit increased YoY as well.The Bain & Company Luxury Study had pointed in late 2022, that the overall global luxury goods industry is projected to achieve a market value of around $242.8 Billion in sales in 2022, up 21% from the previous year.Source from Web1. What does the increase of global luxury consumption mean?We all know luxury goods consumption belongs to non-essential consumer goods industry, which is a cyclical industry highly connects to economic situation, when the economy goes down, the willingness to consume luxury good wi