Ah_Meng

    • Ah_MengAh_Meng
      ·06-17 13:32

      10x stock picks? What’s possible, what’s probable?

      I have seen a number of posts listing$NVIDIA(NVDA)$  as their (possible) 10x pick. I am not going to deny their dreams. Just curious, with Nvidia already at $3.53T and fighting for top spot with Microsoft and Apple (ok, maybe Apple has just lost the crown), unless you had Nvidia while it was way below $1T, it's not going to be easy for any giant to be worth $10T in market cap, not to mention $30T! For me, I am just being practical... not optimistic... though optimism is no doubt a strength by itself. I have held a couple of 10x stock picks before but they did not turn out to be life changing... The main reason was that I had held them all the way up, and all the way down [Facepalm]  [Spurting]  Yup, be
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      10x stock picks? What’s possible, what’s probable?
    • Ah_MengAh_Meng
      ·06-17 11:21
      Ooooo… lucky 🍀 [666][Heart][Evil][Chuckle]
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    • Ah_MengAh_Meng
      ·06-16
      $CRITICAL METALS CORPORATION(CRML)$ I have shared this before... Rare earth metals miner in Greenland. As opposed to $MP Materials Corp.(MP)$ , this is apparently a dart 🎯 throw act of mine [Happy]  [Tongue]  [Duh]  I bought into this speculative miner some time back when China imposed rare earth minerals restrictions on its export. However, it had not been a smooth journey, as its share price kept going down after my initial purchase [Facepalm]  [Spurting]   Fast forward to today, it is no longer the case. $MP Materials Corp.(MP)$ has been flying lately with China continued restrictions on rare earth
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    • Ah_MengAh_Meng
      ·06-14
      It's definitely not clear blue sky out there... In fact, it is raining smoke and bombs 💣. As I am typing away in my cold but comfy home, the other end of the 🌎 is feeling the impact of raining missiles. 🙏🏻 Yes, Iran has started its retaliation effort, as expected. Obviously, this is the beginning of the new war front, because Israel is far from finished with its own missiles launching as well. What I did yesterday and the day before was to sell off some of my many holdings, including some long term positions. I am going to a bit more cash. I have been a relatively big precious metals buyer over the years, if not decade, so I can take some comfort there. I had also took two new leveraged shorts positions yesterday (see pictures below). They are not ideal, especially when the 3x instruments
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    • Ah_MengAh_Meng
      ·06-13
      And Don't forget your gold... or silver, platinum and palladium! I have shared gold, silver and other precious metals like platinum and palladium many times. A big pity that I had recently sold my$RTX Corp(RTX)$  . Apparently, it's another one of those sold and it will fly stocks [Facepalm]  [Spurting]  [Cry]  but I won't be crying 😢 over it. I have made my share, I always believe that I need to leave something on the table for others to make some money as well. [Happy]  [Duh]  [Sly]  Obviously, what goes around comes around [Chuckle]  [Evil]   I am still keeping my fingers crossed 🤞 to see those small-ish defence companies take off. The potential is there, just that this c
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    • Ah_MengAh_Meng
      ·06-12
      $Chime Financial, Inc.(CHYM)$ is definitely a company to watch, especially with HK indices bullish again! Furthermore, as explained by 🐯, there’s plenty of active users and not done airy fairy tales. With the IPO being priced at the upper end of its targeted range, I expect its starting price to soar… maybe not aka $Circle Internet Corp.(CRCL)$, but there’s still high expectations all around. With the US indices turning positive now, all signs are aligned for a very successful IPO! Don’t have to trust me, wait and see… [Cool][Miser][Tongue]
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    • Ah_MengAh_Meng
      ·06-11
      My retirement goal is obviously to live comfortably. However this statement by itself is problematic. What do I mean by comfortably? Comfort means different things to different people. Then, is $550,000 enough then? At 65 and with maybe 20 odd years more to go… we probably need more when we are still healthy and can go about our way, meaning we might want to go on holiday now and then. As we get older, the desire to travel should probably decrease. However, healthcare cost on the other hand increases. I am not sure if S$550k will see us through then, comfortably I mean. For me, besides banging on CPF, which is on track to hit that “magical” number of S$550k, I am keeping up with various investment vehicles like stocks, properties, silver, etc. I am concerned about the current state of glob
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    • Ah_MengAh_Meng
      ·06-10
      Bubble obviously… waiting to pop… Pop Mart is a concept that will only take off when the economy is doing well. When recession finally arrives to China and US, essential items like food on the table would be the priority. Occasionally, you might reward yourselves with a cup of bubble tea, etc. Will we still go and buy a Labubu? I doubt so. The rise of Pop Mart also symbolises the rise of the culture of excesses and wants. Yes, the founder has turned those toys 🧸 into “collectible art toys”, however unlike for example a Rolex, one could have replicated those toys 🧸 easily. Having said that, the time is not now when the economy is still in its Goldilocks moment. The time will come when all these come crashing down and people will find out that there’s no one left to buy their “beloved” Labub
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    • Ah_MengAh_Meng
      ·06-10
      $Navitas Semiconductor Corp(NVTS)$ I am in between bullish and bearish on this company. Actually, this is a good problem to be in.Many people have not heard of Navitas Semiconductor prior to its recent deal with $NVIDIA(NVDA)$  I have been patiently holding this company waiting for the day it sees some daylight and what a flash when it really happened!  I did a number of call options when the initial spike happened too. They did alright, though could have been better if I have held on to them all. Anyway, hindsight is always easy [Facepalm]  [Spurting]  Ok, back to my dilemma call mentioned above. I have shared two charts below, both telling their own set of s
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    • Ah_MengAh_Meng
      ·06-06

      Gold... and Silver, obviously! What else?

      If these are not winners... Then what is? Some big, some obviously small... What's the common theme? Gold and silver obviously... I have at one point or another highlighted my 🐂 on precious metal group. Just wanted to have a quick sharing of some of my holdings... Definitely not to show off... There's nothing on show here...  My biggest gold and silver theme stock, $Wheaton Precious Metals(WPM)$ is not even here on display... Yep, it hits its resistance upper limit and corrected slightly, but that uptrend is very much alive and going... For $100 and beyond... I am looking at least a 5-bagger there... and it's a long time coming, being HODL (Holding On for Dear Life) there. Can't even remember when I bought it. Just know that it's running on free carry... That just meant that I have so
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      Gold... and Silver, obviously! What else?