2023: New Year, New Opportunities

Talking about Feng Shui, it reminds me of the fountain of wealth located at the heart of Suntec City, own by $Suntec Reit (T82U.SG)$ . It is a symbol of wealth and if one encircling the fountain clockwise three times, stretching out the right hand over the water and make a silent wish, wonders will unfold (*1).

Also, during Lunar New Year, red envelopes with gold calligraphy, filled with fresh new notes are given to loved ones so as to ward off bad luck. In ancient times, new bright and shiny gold coins are used as it flashes in darkness to scare away evil spirits (*2, *3). That's also one of the reasons why long queues can be found at many banks, such as $DBS Group Holdings (D05.SG)$ , $OCBC Bank (O39.SG)$ and $UOB (U11.SG)$ , which people queue for new notes and new red packets (*4).

So, how much have you receive or give this Lunar New Year (LNY) 2023? Do share by comment & vote below.

We have come to the end of today's topic. Remember to show your support by follow, like, share and comment on this post and as always, don't forget to DYODD (Do your own due diligence) when making any kind of investment.

References:

*1: Fountain of Wealth

*2: Do’s and Don’ts: How to give and receive lai see this Chinese New Year

*3: Chinese New Year: Legends, traditions and taboos

*4: Long queues for new banknotes ahead of Chinese New Year

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