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THANKSGIVING 2022: Setbacks make better investors
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Learning through setbacks

2022 has been a challenging year to say the least. It was also my first full year in US market. My portfolio has been in the red for long periods of time.
Learning through setbacks
Nevertheless it has been a learning uear as well for me. Using MooMoo + guidance from my brother, I learned to sell put options to earn some pocket money. However, this also came with its own challenges. Take $Bank of America (BAC.US)$ for example, I never expected my short put to be assigned. This led to me nearly experiencing my 1st margin call. Yet, because of this I had the opportunity to learn sell covered calls to cover some of my losses.
Learning through setbacks
MooMoo's Money Market Fund offering represents a great opportunity for my idle funds to grow rather than rot in a savings account. $Fullerton SGD Cash Fund (SG9999005961.MF)$ & $CSOP USD Money Market Fund (SGXZ96797238.MF)$ are amazing ways to grow my idle funds while I wait for my opportunity.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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