I think the market will rally for most sectors. But I won’t be buying any stock yet. I prefer to watch for now. Afterall, most stocks are already very expensive and I’m not confident that the rally will continue through the year. It would be safer to sell the fact for both stocks and Crypto and await for a good re-entry point.
There is no telling how high $TRUMP or $MELANIA can hit. It all depends on the insanity of the buyers. I think there should be no problems with hitting at least $150..Both are basically behaving like memecoins. I have not traded both as the risk is beyond what I can stomach. Coinbase should be able to ride this wave but not surge to as insane levels as both $TRUMP or $MELANIA. Trump might become the next richest man or the top 3. He is as unpredictable as Elon so I’m not sure who will acquire TikTok. He is a businessman afterall, so I think there is a good chance of him buying it if the price is right and deemed to be able to continue to generate profits that he is looking for to justify the price of acquisition.
I have not tried using Duolingo to learn languages. Thank you for the recommendation! I do have languages that I want to learn like Spanish, will find the time to explore it! It seems like the more the US wants to ban Chinese apps, the more Americans flock to them. The Chinese apps are indeed more appealing to users and having a good community feeds into the creation of better and more relevant content. Looking at the current demand in the top 2 economies and the sheer population size, I am bullish on Duolingo! There is no good way to learn languages besides practice, practice and practice. Being immerse in the environment of the language is definitely needed. This environment for mandarin in Singapore is not great and many use them only in schools or simple daily use. Very few would con
I believe the January effect should hold though Trump’s inauguration can swing the market in both ways. In 2025, I believe market will still be positive because I believe rate cuts will still happen. The rate cuts will however be fewer than 2024 as Trump’s policies are quite pro-inflation and May heat up the US employment market. Making money will definitely be harder in 2025 than 2024 but still possible to make money. I’m currently 90% equities and about 10% cash, so I’m looking for opportunities to lock in profit to have more cash to ride out a volatile year. I do think 2025 will be more volatile than 2024.
Definitely looking forward to trump’s inauguration! DJT will be promising. Big tech, bitcoin should do well. Following his previous term, he should be favourable for the stock market and the whole stock market should rise.
I visit Malaysia on weekends but not every weekend. I go there once every few months for good and cheap food, services such as massage, pedicure, manicure, hair cut and colour. Services are generally about half price of Singapore which makes it worthwhile to travel over. Clothes are also cheaper at Malaysia than Singapore. Clothes in value in Malaysia is the same as Singapore but in RM! Due to the exchange rate, price is about a third of Singapore. There is also outlet at Malaysia which makes buying branded goods easy. I do know many Singaporeans go over for grocery shopping and to pump petrol. I don't do both as I find it risky to drive in and grocery shopping is too heavy to try to carry it over the causeway using public transport[Facepalm]
Depends on who TikTok is sold to and what the new owner does with it. Meta may not benefit if TikTok is able to emerge stronger. As it is, it is already popular and many people depend on it for entertainment and even income! No one can read the mind of Musk! He could acquire it. Afterall, it is popular among different groups and could complement X. Xiaohongshu is really informative and good travel information source. It offers good recommendation for activities and food, and updated rapidly unlike those that appear on Google which are boring, typical tourist stuff. I don’t think I can live without it. It is my daily downtime source of entertainment[Facepalm]
It is not too exhausting for me though I do look at the market multiple times daily to look at the trend. I do not spend excessive amounts of time studying the stock or news. I buy when the stock price has reached my target price and do likewise for selling. The effort is definitely needed to make my money work harder for me. The returns from fixed deposits can barely beat inflation. I would suggest beginners to start with ETFs. The fluctuation is not as great as individual stocks and do not require as much studying as individual stocks. You just need to know the market of interest and look up the ETFs of interest with minimal expense ratio. Only need to do this homework once a year to see if there are better ETFs but generally for US ones, the expense ratio is competitive and low. Can con
I consider myself as a long term investor and would typically prefer to hold and average down during times of opportunities. However, looking back at 2020 plunge, then 2021 crazy highs followed by the crash after that, I learned that it is important to take profits to lock it in. If the stock or ETF then experience weakness, that would be the opportunity to buy it back it. This is even more so for China/ HK stocks that are more volatile than US stocks and the highs are shorter than the lows. This led me to take profit in the surge in HK stocks last year. If I could go back in time, I wished I had taken profit in 2021!
Definitely information asymmetry is important in stock trading as it allows one to entry ahead of the surge and to sell before the stock crashes. I feel that this is somewhat similar to insider trading and is unethical and would resist profiting from such information. Information is the most important factor especially for significant swings in either direction, especially with government legislation which will have wide and big impact.