To The Moon

$Tiger Brokers(TIGR)$ Where do I begin? There is so much to share for 1st quarter of 2023. 1. Investment objectives During periods of uncertainty, it is always important to fall back to your basics. As for me, with cash lying around I could do 2 things: 1) put it in the bank and earn 2.5-3.5% per annum or put it in bank shares that yield max 5.5% dividend per year as of this writing. With these 2 options put side by side, I went on to buy bank shares. Learning the power of compounding (1,2,4,8,16,32,64,128…131072, 262144,524288,1048576…) and studying some investors out there who have concentrated portfolio of less than 5 stocks, I went on to buy bank shares and compound it. Referencing to what Charlie Munger says “ I don’t care how you make it but you must make your first $100,000 and invest it”. With this in mind and moving forward, slowly but surely buying into banks like BAC, C, OCBC, UOB, JPM etc. 2. Monthly income from the market For those that do not know what I am talking about in this section, please be educated on this. The markets present opportunities from time to time. It is up to us if we want to take action and reach for them. With the help of derivatives: options, this can help you in making monthly or even weekly income from the markets. For example, scooping up shares of MSFT when it was around $230 (now $288.30) and generating income of about $1,500 usd. Combining both capital appreciation and income generated, it basically reduces my per costs basis and increases my returns. Another example is GOOG. Everyone should also be familiar with it. When GOOG was around $90 (now $104) plus income generated of about $1,000 usd. Again, this buffer allows me to reduce my per share costs basis and increase and supercharge my returns. Other things like applying different options when you own shares of a company but see the price go down and not willing to sell at a loss. For example you own AAPL, and the price keeps dropping, from $160 to $158 to $150 etc. You can actually be making your money work harder for you. Not saying that you can’t BUY LOW SELL HIGH, but wouldn’t you want your money to work harder for you? What if I told you that you can make close to what a full time accountant is making monthly (roughly $5000 - $6500) just by clicking a few buttons correctly, would you want to learn? If you do these things correctly and see the outcome for yourself, you may even not need to work for anyone in future and have the option to spend more time with your family and friends. 3. When everyone is panicking, stay calm in the eye of the storm Always remember that the market is irrational at times. It is important to keep a calm and sound mind when investing. Just like how to scoop up shares of MSFT and GOOG at around those prices, learn to keep calm and shake out noise. Time and time again, many people can say buy this, sell that. But always ask yourself are yourself if they know what they are doing. Choose who you want to listen to and invest safely. Invest safely!