Mobydick
OPHilary Ho
:
Converted usd to sgd this week when the currency rate is still high. When USA having depression, Tesla, Palantir, Nvidia, maybe will drop more than 60% and USD will drop….then it is the time to change sgd to usd, dive in and hold till recovery. This fund % will drop but it is still better than fd isn’t it?
Mobydick
OPUltratech
:
Why would I lose money betting on that? I’m still enjoying low risk 3% from cash fund. Will enjoy more % from USD cash fund but I have the feeling USD will drop….soon. Just my 2 cents feeling.
Mobydick
OPAll Also Taken
:
It is the same fund. I’m just not good at option trading. So I will buy the shares ‘old school’ way when it is down, hold and sell when meet expectation.
Hilary Ho : Just wonder how would it affect this fund if a USA great depression kicks in?
LittleDot : Congrats! Well done
72553206 : Oh geez, mainly calls?
Ultratech : you'll lose money betting on that
Mobydick OP Hilary Ho : Converted usd to sgd this week when the currency rate is still high. When USA having depression, Tesla, Palantir, Nvidia, maybe will drop more than 60% and USD will drop….then it is the time to change sgd to usd, dive in and hold till recovery. This fund % will drop but it is still better than fd isn’t it?
Mobydick OP Ultratech : Why would I lose money betting on that? I’m still enjoying low risk 3% from cash fund. Will enjoy more % from USD cash fund but I have the feeling USD will drop….soon. Just my 2 cents feeling.
All Also Taken Mobydick OP : so your cash fund is separate from this?
Mobydick OP All Also Taken : It is the same fund. I’m just not good at option trading. So I will buy the shares ‘old school’ way when it is down, hold and sell when meet expectation.
Ultratech Mobydick OP : I think betting on a us great depression is pushing it. rule #1 in investing is never bet against America. $Liberty All Star Equity Fund (USA.US)$
Nightwolf-moon : Ain’t no depression coming. Trump will fix the mess
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