No work on Monday is really just another day to rest and sleep in! As I am a Christian, I won’t be celebrating this festival and will instead take this as an opportunity to spend time with my family and to plan for our upcoming trip together. I treasure family time and creating meaningful memories together. Just had lunch together and will also be going for dessert soon! Although we do not go visiting to any temples, I agree that each year as we watch the 3 step and 1 bow procession being reported on television, the devotion of the devotees is always inspiring. @LuckyPiggie @SPOT_ON @rL
$Trump Media & Technology(DJT)$ I is definitely worthy to consider a small bet. He is basically that one man that can swing the market by what he says and what he approved. The market is currently in fear due to tariffs and anything that can reverse that or reduces the tariffs would be helpful and what the market wants to hear. There is nothing scientific here but playing upon the market sentiments. However, the rally might be short-lived so u would prefer to get out quickly and take profit than to be a bag holder. For ETFs, I think it would be a good idea to buy or average down for the longer term as I don't expect tariffs to hold for long or a trade war to materialise. Afterall, in a trade war, everyone is a loser and trump
I believe that AI+ product is a safe haven against tariffs as their product are not actual products that require import and export that the current tariffs are about. The current tariffs are on material stuff and there is nothing on services yet. However, that could change instantly if countries impose policies to make it harder to use these. At this point, I don’t think that would happen as these services often help with productivity and efficiency and doing so would inhibit the economic progress of the country. Technology and AI go hand in hand and can be coupled for greater growth. I think eventually technology will use AI too and both are not mutually exclusive. Consumers can use them for different purposes. Technology is less dependent on supply chain fluctuations and may not be depen
I definitely felt like I was catching falling knives when I bought China/HK stocks 3 years ago. The cheap just keeps getting cheaper. But I stuck on and rode it out. I don’t believe in going all in as putting all my eggs in the same basket is too risky for me. I definitely have times where I have taken profit too early. Then I would re-enter when I realise that the momentum is there. Of course, there are times when the momentum stops and I am stuck with the stock. I would usually hold it through if the fundamentals are intact and there is a chance that macro factors that influence it would turnaround. Sometimes patience and time in the market would pay off though the profit margin would be reduced. @rL
Trumps knows the trade deficits and so by implementing tariffs, he hopes to create a new global order. He is not that crazy that many think he is. The real dealbreaker is whether this will pull through. He probably never expect China to retaliate, unlike in his first term as president. He doesn’t want a trade war where his own economy will suffer. He just wants to force parties to negotiate with him. I think the shift from West to east will definitely happen, but not in the next 5 or even 10 years. As long as the other countries cooperate with the US and US has a greater number of world on its side as it seems to be likely the case with many countries striking deals with it, and these countries trade more with the US than China, and the USD remains the preferred reserve currency, this shif
Mag7 is not overvalued but not tempting to buy. If the forecast materialise, then they are currently trading at undervalued if the AI story plays out well. However, I would prefer to watch now. I definitely prefer the Chinese tech stocks as they are cheaper but would prefer to trade as they are also quick to drop with unfavourable news, especially with the potential for a trade war with the US. Although they have rallied quite a bit since late last year, they are still cheap and is tempting for a quick trade. The speculation of shift from west to east has been there for a long time but investors need to be confident for it to happen and investors are less so for the Chinese market compared to the US due to the bigger role of government at play compared to market forces where policies can q
I will definitely buy a condominium as prices of property only increases in Singapore. This will make a good investment and also a form of diversification. Definitely no cars as they are depreciating assets. I also don’t have kids to worry about. My current life insurance are already adequate but I might increase coverage. I will set some money for travelling but less so for luxury goods and designer clothing as I value experience more than material comforts. I will put the remaining amount in hedge funds mainly for the sake of diversification and also potentially higher returns. Such sudden wealths are great to boosting lifestyle but also important to manage well and not get into the habit of splurging. But, I don’t buy Toto @D
I see Crypto as a speculative money making tool. It is money making as we can the value rise with speculation. I think we can expect the value to rise further as more uses arise and when there is some form of governance. Of l course, if governments buy it like trump openly supporting it, the value can rise even more. I never believe in putting all my eyes in the same nest so l view the approach of all in into Cypriot as foolish. I am a greedy person so I would want the salary from my day job and the returns from my investment. The salary from my day job also provides me with extra capital. Which one is harder to earn depends on which one one is more skilled in. Crypto fluctuates and one can be stuck in the low for some time too. I don’t think strategy can sustain its bitcoin-stock cycle es
This is indeed counterintuitive. Most of us would have dismissed it as close to zero chance. i am definitely looking forward to more examples to challenge my assumptions. I think the best lesson that buffet has taught us is not to lose money and the second rule is to always remember the first rule to not lose money. Definitely easier said than done! @HelenJanet @Wayneqq @LuckyPiggie @DiAngel @Universe宇宙 @rL @S
I would choose dinner with trump. Spending money with buffet has no additional value except the honour of eating with someone who has high yields from his investments. Dinning with trump has the honour of dining with the US president who is otherwise commonly known as the most powerful man on earth. On top of that, he might share valuable insider news that could help me make money. This is based on a big assumption that he keeps his word. He is known to be flippant and could change his mind quickly. I can only hope he will honour his words for that short moment for me to make a quick profit. If he doesn’t appear, getting a trump NFT might be a sufficient enough investment @Success88
The race in my constituency is not competitive, likely PAP will win it. I don’t vote based on party but based on who best represents my needs and who will be able to advance the nation and her interests. Although I like Gan Kim Yong, his fate is in the voters of Punggol. In the unfortunate event that he lost, the ruling party/ government will have to settle for the next candidate, just like they had to settle for someone else when George Yeo lost. The voice of opposition is important to provide alternative view points and better solutions for Singapore’s best interests and not simply for the sake of opposing. The most important thing is to have competent ministers who want nothing but the best for Singapore and will selflessly and smartly advance Singapore.
Definitely! They know what policies they are going to propose and the chances of them being excepted which could swing the stock prices in any direction. Pelosi and trump are similar just that trump family shouts them but we only know of pelosi’s trades when she declares them as mandated. I think there should be stricter rules to prevent unfair trading and profiting. At the current rate, it does look like their win rates is close to 100%? I don’t think pelosi act stands a chance of passing. Who in the right mind would ruin their chances of making fast money legally? Nobody would slam the door in their faces. @DiAngel @Wayneqq
Burning cash is worth it only in the only days as a form of advertisement and to get consumers to stick to the platform. With time, many consumers already have their preferred platform and such strategy is only useful to onboard new consumers. The determining factors for most consumers is whether they shop that they want is on the platform and cost of the items and delivery fees. Competition is always better for consumers. We all hope for wider range, faster delivery, cheaper fees and less mark up for the item on the platform. I don’t like grab as it has not generated much revenue yet. I like JD and Meituan as the delivery sector is more developed in China with greater demand and market mass compared to Singapore. The more mature the sector is, the more dependent consumers will be and the
Trump is trying to create a new global order and thus the pain. However, to citizens, one is only concerned about the bread and butter issues and not so much the long term national interests. I’m sure trump does not want a recession and so will be forced to give in for the sake of the stock market and the short term effects on the economy. Trump’s first 100 days is worse than what I expected it to be but he has bigger national issues and interests to take care of as president. If he succeeds in making America great again, Americans will thank him for it and investors heavily invested in the US will be happy. @Wayneqq @LuckyPiggie