Investment Strategy
With interest rates not likely to be cut this year, I am still holding cash in flexible instruments like money market funds $Fullerton SGD Cash Fund(SG9999005961.MF$ and $CSOP USD Money Market Fund(SGXZ96797238.MF$ . Read why here.
I will be looking to add to my positions in $DBS Group Holdings(D05.SG$ $OCBC Bank(O39.SG$ while waiting for REITS to recover. I am also looking to open a position in $NVIDIA(NVDA.US$ after the stock splits.
Disclaimer: The above is just my opinion. It is not, and should not be taken as financial advice. Please do your due diligence and consult a financial advisor before getting into any investment.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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toomanyscammers : I voted "others" for nvda as personally, I think it's at its peak now and above its avg price and hence, it's more sense for me to only go in at a crash (if I'm interested in nvda). so my strategy would be to build up my war chest in such times and go in at the fire sale. as I believe that one need not be invested in what we want to hold always.
Dadacai OP toomanyscammers : Yes, the PB ratio is quite high now but the stock has been proving resilient. Not sure if it will crash much. Decisions, decisions…
toomanyscammers Dadacai OP : haha depends on Ur holding threshold. if intend for long term, there'll be plenty of chances in the future. .
Benji_123 : you are very rich Bro Dadacai! :(
Dadacai OP Benji_123 : I’m just a small fish.
Benji_123 Dadacai OP : You're not Bro Dadacai! :(
Passive trader : $Fullerton SGD Cash Fund (SG9999005961.MF)$ and $CSOP USD Money Market Fund (SGXZ96797238.MF)$ is not available for Moomoo MY accounts, correct?