NVDA
NVIDIA
-- 135.070 TSLA
Tesla
-- 400.990 AMD
Advanced Micro Devices
-- 127.740 RGTI
Rigetti Computing
-- 6.4900 PLTR
Palantir
-- 70.890 
Reflections 2024
As we head towards the end of 2024 and the start of 2025, I think it appropriate to reflect on some of my key investment moments in 2024.
2024 has been a tumultous year, with a combination of inflation, interest rate changes, war, elections and geopolitical tensions contributing to volatility in the equity and bond markets.
Money market fund $Fullerton SGD Cash Fund (SG9999005961.MF)$ did well for the first half of 2024. Yields began dropping when interest rate cuts looked imminent. While the yield is currently not as attractive, it is still a relatively safe place to park cash while maintaining liquidity. I do not need to monitor the NAV everyday.
When interest rate cuts began, I invested in $LionGlobal Short Duration Bond Fund QDis (SG9999002646.MF)$ and $LionGlobal Short Duration Bond Fund (SG9999016000.MF)$ . They performed well initially but when it looked like Donald Trump would win the election, the yield on long term bonds began rising and the NAV of the fund began fluctuating between negative, zero and positive gains. Luckily the negative returns were offset partly by the 6% coupon for 7-days (total reward). Overall, my total return was positive.
Trump’s proposed tariffs will likely slow down growth and create inflationary pressure so interest rate cuts may not be as steep as previously predicted. With this uncertainty, I feel it is better to go for stable stocks that give good dividends like $DBS (D05.SG)$ $OCBC Bank (O39.SG)$ $UOB (U11.SG)$.
I think $Singtel (Z74.SG)$ still has the potential to go up. In the meantime, I will continue to collect dividends.
Speaking of equities, I cashed out too early on $Tesla (TSLA.US)$ at $288. It is currently $350. It is never wrong to take profit but this is an indication I need to further improve on my technical analysis skills.
Useful moomoo feature for trading
I use price alerts quite a lot. After ascertaining the support and resistance level for a stock from the charts, I will set the appropriate price alerts. You can set them in 2 ways.
1) Go to the quotes page of the stock and press on the circled icon
2) Go to Me and click on Alerts
You can adjust the frequency of the alerts according to your preference. Only once means it will not send any more alerts after the first time. Once a day sends the alert once in a day. Always On will send an alert whenever the price hits the indicated level.
Before you go, please take part in the poll and give my post a thumbs up if you enjoy reading my reflections.
Disclaimer: The above is just my personal opinion. It is not financial advice or a call to buy/sell. Please consult your financial advisor before doing any investments.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Always Growing : Thanks for sharing! Hope you gain much more in all aspects of life in 2025! Apparently, the Fullerton fund has a test on financial nous and weeds out noobs like me. Pity.
Dadacai OP : Fund Performance Report - no more 7-day 6% coupon
Dadacai OP Always Growing : Thank you, hope you will learn much in your investment journey too. You can take the test and thereafter trade 2 times in 3 years to avoid having to take the test again. sgxacademy.com/...
Always Growing Dadacai OP : All these funds have financial knowledge assessments which I've none. I took them n was deemed ineligible![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Oh well.
费北敬 : huat arh 🫰
Benji_123 : wah whats your portfolio size Bro Dadacai?
snoopy123 : what is your best trade for 2024? and how has your portfolio allocation been changed for 2024 or do you plan to adjust it going forward for 2025? what is your outlook for 2025?
Strawberry huat ah : Thanks for sharing, and find it always an enjoyment reading your post on your investment journey especially for a novice like me
Dadacai OP Benji_123 : Not as large as I would like -_*
Dadacai OP snoopy123 : Best trade would be DBS. Should be adding more to equity next year.
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