$Tiger Brokers(TIGR)$ The deepest lesson for me was $Berkshire Hathaway(BRK.B)$ . It was a very good example depicting how traders and investors are behaving nowadays. Despite the initial bullish sentiment during pre tariff days, the shares didn't sustain the ATH as investors confidence swings & market sentiment swings towards tech. However, that doesn't mean that the company operations / financial sentiment / direction have changed. It's purely the uncertainty that it's drawing the impact. Lesson learnt : - Noises & uncertainty can create a huge impact especially on an already uncertain market. - Cash moats are the king. Always be prepared. - Never lose mone
Market corrections are normal just like our ups and downs of daily life. When valuations and interest rate expectations are high, it corrects. A 10% drawback of Nasdaq is a similar case. Key point: What to do? [Sad] 1) Selling and hold cash to obtain liquidity is usually the last resort. Reason: When do we know how low will it go and when will it rebound? [Glance] (Do let me know if you can foresee the future.[Happy] ) 2) Holding and patience is the key (Warren Buffett rule) By now, we should have sufficient cash holdings and reserve to sustain and gradual topup if necessary. Take it as an opportunity not a pessimistic end of the world scenario. It may fall lower or even head into recession, gradual topup. If it starts to recover, we ha
$XAU/USD(XAUUSD.FOREX)$ $Gold Trust Ishares(IAU)$ $SPDR Gold ETF(GLD)$ $GLD US$(O87.SI)$ Gold - Hard asset - A physical commodity with value that is not associated just like a fiat currency. In just a few years, gold has rocketed to all time high of above $5400/oz due to the middle east tensions. However, in just a few weeks, it fell nearly 18%![Spurting] 1) What is happening? [Glance] Not a collapse. With the ongoing war, rising energy prices are triggering alarms globally. Turkey's $8 billion gold withdrawal is a measure to ensure sufficient c