P/L Challenge Round 2🥊😂: How much have I earned on moomoo Cash Plus?
1. How much have you earned on moomoo Cash Plus so far in 2023?
8/8 Ah 😏
How long did it take, and how much did you invest to achieve it?
Quite sometime to achieve it, maybe got at least 6mths+.
Actually, I'd earned more than this amount with moomoo's promotion events too .
2. What do you think the Fed will do in September: raise rates or keep rates steady?
I think they may raise it if the economy is strong enough to tank it (US economy is very strong based on current data & it can tank). In the end, it is all boils down to the next report then see how 1st .
Do you expect a 25 basis point interest rate hike this year?
Yup, it's either raise or keep/maintain rates in my opinion .
What are your plans for investing in Cash Plus next quarter, and why?
I'll just continue to invest in Cash Plus if there is no cheap stocks for me to buy.
Not to mentioned, I quite enjoyed the moomoo promo events .
Welp, I'd missed out the recent "steak 🥩" (dam it =lousy trader ) but at least I still got the "chicken drumstick🍗". Interest rate is so high & it's so attractive + I can just sleep peaceful at night even I'd missed the "steak" & spent more time on other more productive things when the market trend did not move the way I expected it to be. For now, I'll just happily enjoy the "chicken drumstick🍗" as my appetiser 1st ~
No idea why the h3ll will the USD (In fact, I think it's cheap) crashed like no body business with high interest rate. My guess is that analysts are betting on the FED to cut interest rate in the future (like 6mths-9mths forward looking ). But, me here is like... oi oi oi , why think so far ahead when there is a free "chicken drumstick" right in front of me now ?
& maybe something about crypto & de-dollarization... (The dollar run a country's economy dude )
Not to mentioned, I heard some big investors even go to short the USD ...
DYODD before investing
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Milk The Cow OP : Ah sh*t, just missed by 1 min...
Daniel DK : How much you invest ya ?
jayelin Daniel DK : $11,1164 if 588usd = 5.267%