Stories About Making Money (1) The title is making money not investment. 😊 1. All or nothing? This real-life story was related to me by a friend when he was in investment banking many years ago. I have since lost contact with him which is kind of sad. :(  In his early years as an investment banker, he was posted to China to start the  branch office when China was opening up to the world. During his posting there, he got acquainted to a client who invested with him. My friend specialised in commodity trading, in particular, in oil and precious metal trading. According to him, this client took a bet on oil based on his recommendation. He staked all he has at that time, buying future contracts that oil would rise. Oil price rose just as my friend predicated and his cl

$Tesla Motors(TSLA)$   $Tesla Motors(TSLA)$   Will bottom fish when Tesla hit below $100 and add a small quantity to my portfolio. Telsa can only do well if they can build an ecosystem like Apple and Alphabet. Some said Tesla strength is in its cutting edge technology and autonomous driving. The issue here is other car manufacturers including Apple n Google are researching. The point here is does Tesla has many patents over its so called cutting edge technology? If the answer is no, then the conclusion is quite clear. Like I mentioned in my past posts, this industry is very competitive. The ICE car manufacturers wont be sitting ducks waiting to be slaughtered. They will muscled their way and compete w

$Intel(INTC)$  Buy on rumours , sell on news.  Sold my share.  My prediction is Price will hover around 28 to 33 range until the first co-joint  product is available and viable in the mkt.  Can consider range trading at the moment by observing its price movement.   Holding long term is for those staunch believers of Intel. Anyway, this industry has few niche players,  high entry barrier and capital intensive investment.  Can burn those billions quickly if not managed properly. Let hope CEO Tan will do a good job.

Explaining the different sub group in the SPY family.Buy some if u can afford. [smile] https://www.projectfinance.com/spy-vs-spyg-vs-spyd-vs-spyv/

The lottery number last week was US$56bn, the compensation Tesla will pay to Elon Musk. It was based on 303.9mn 10-year stock options granted in 2018 (or 1% in 12 tranches). To secure the options, the market cap must hit S$650bn, revenue US$175bn or adj. EBITDA US$14bn. Arguments for the compensation were that Elon should be paid based on what was already agreed and he could leave the company. Tesla has performed remarkably since 2017, where revenue has compounded 42% over 6 years. Shareholders benefited from the 10x surge in market cap from US$52bn in Dec 2017 but not the earnings. From 2018, net profit was a cumulative US$32bn. In fact, if we remove Musk's 20.5% stake, minority shareholders are paying him double the US$25bn net profit generated for them. Imagine a CEO who pays himself ev

At this juncture, any shares that rose in recent rebound might assume their downward trends.  The right strategy now is wait for further lows and for MOST stocks (good one too) stay at a doldrum for extended period of time. Any trade should be a trading strategy and not the buy and hold strategy.Defensive stocks n energy-related stocks might be at a high. Any buy means upside is limited unless you think oil will go to 200 and beyond without any political intervention or causing social unrest.Invest safely. 

$Tesla Motors(TSLA)$  Considering all the headwinds, it is more like a trading buy during the short term. to Reasonable to believe that mkt will enter into a difficult period in 2023. So room for down is more than room for up.  However, Tesla still lead in some of the technology and know how. so just wait for an opportune time to buy for long term.