Yes, it should be able to if u are holding it for decades= Actually, I think is for growth of wealth for maybe ur next generation or maybe ppl who don't spend much in their life.
Which stocks or ETFs do u think will ride the next wave?
I think$SPDR S&P 500 ETF (SPY.US)$should be able to as even Warren Buffett also say to invest in it if u are someone who don't know how to invest. Just DCA on it & u should be able to make a comeback over decades with returns a lot better than the bank interest rate, I guess.
Or u can go for ESG/EV ETF since it is a hot topic/trend toward the next gen$LGI-OSPL SLC ETF S$ (ESG.SG)$, I guess(Does not really know much or border to remember ESG/EV ETF since I think$Tesla (TSLA.US)$or$NIO Inc (NIO.US)$may excel better than the EV ETF). However, the current 2022 economy seem to put a delay on it due to many negative factors (not a good time to invest on them in the short-term). U can still DCA on them as after decades, I guess it should do fine. For me, I'm timing the market for a better dip & the reason is because I wanna to get rich fast = do not follow.
Milk The Cow
OPFerdinandy
:
Never expect most sgx semiconductors -5%+ at least in a single day... Brutal man... Even see -11% on a single day... wth ... Even during covid that period, I never even seen such a huge dropped...
Milk The Cow
OPFerdinandy
:
8.2%. Never expect that my prediction of CPI is bad is correct. The moment I saw sgx (so call the more stable market) semiconductors crashed, I somehow can quite confirmed with a guess that the US CPI is going to be bad.
Big investing insituations must have internal news.
Haiz , successfully escaped the US market disaster but failed to escaped the sgx market disaster... (too focus on the US market & forgotten sgx market) Who God knows even the sgx stock market can be so weak... (2 resistances level breaked in just 2 days)
Ferdinandy : CPI tmw... ya'll ready?
Milk The Cow OP Ferdinandy : I didn't expect the US hit my SGX stock by so much too... bad influences...![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
. It can by mean crash anytime it want, it won't affect me much
.
US stock market, yup, I'm all ready anytime
Milk The Cow OP Ferdinandy : Never expect most sgx semiconductors -5%+ at least in a single day...![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
...
Brutal man...
Even see -11% on a single day... wth
Even during covid that period, I never even seen such a huge dropped...
Milk The Cow OP Ferdinandy : 8.2%.
, successfully escaped the US market disaster but failed to escaped the sgx market disaster...
(too focus on the US market & forgotten sgx market)
)
Never expect that my prediction of CPI is bad is correct.
The moment I saw sgx (so call the more stable market) semiconductors crashed, I somehow can quite confirmed with a guess that the US CPI is going to be bad.
Big investing insituations must have internal news.
Haiz
Who God knows even the sgx stock market can be so weak... (2 resistances level breaked in just 2 days