Singapore may be small but it has big dreams. Trading is its lifeblood so it is imperative to have a trusted, reliable and robust banking infrastructure. Singapore also aspires to be a major financial centre. Established on 16 July 1968, $DBS Group Holdings (D05.SG)$ has played an integral role in the Singapore Story, from attracting foreign investments, promoting the setting up of local industries and their continued improvement by supplying liqu...

Hi mooers, it's good to see you guys again in MooHumor!
It's almost the end of the year. How's your November? After a long and challenging year, are you still hanging in there? People usually face repeating patterns in life and get bored of it. Bringing a sense of ceremony to your everyday life can be a beautiful way to ignite your passion. Some mooers know how to use small rituals to bring themselves happiness. Let them show you how they celebrate their special days and memorable moment.
As usual, vote first plz~
Here we go~
@Deezy_McCheezy: $Longeveron (LGVN.US)$  im already ready for Friday. Volume wil tell you all you need to know in 36 hrs. If there us enough, a push to $43 is eminent and will retest $45 again. Dont they say 3rd time is a charm
@Steven Scripps: Only have one share I got at 100$ but I'm just glad to be part of team $GameStop (GME.US)$
@Smoke-A-Shotgun: $AMC Entertainment (AMC.US)$
@Questionable Invts: $AMC Entertainment (AMC.US)$  Have happy Thanksgiving from Citadel LLC. Yeah, resistance wasn't 41, 40, or even 39 its 38.
@UFTWY: $GameStop (GME.US)$ Purely for a feeling and belief.
@YuQing1688: ALL I NEED $AMC Entertainment (AMC.US)$
@Aydin Yilmaz: About $Biora Therapeutics (PROG.US)$
@DayleyTrades: $AMC Entertainment (AMC.US)$
@Apollod Wed: $Aptevo Therapeutics (APVO.US)$ and $Longeveron (LGVN.US)$ best tiny floater squeeze plays of 2021
@demntia: dip before the rip $AMC Entertainment (AMC.US)$
@Revelations 6
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A Singapore billionaire has quietly accumulated $Tesla (TSLA.US)$ shares until he is currently its third largest individual shareholder. He sold all his other stocks $NVIDIA (NVDA.US)$  $Baidu (BIDU.US)$  $NIO Inc (NIO.US)$ and focused solely on Tesla, doubling down even when the market plunged. His story is inspiring but my risk appetite is lower and I don’t think I can bet so much on a single stock like he did.
If I had a $1 million windfall, I would put 90% of it in an S&P ETF like $Vanguard S&P 500 ETF (VOO.US)$, $SPDR S&P 500 ETF (SPY.US)$ and $iShares Core S&P 500 ETF (IVV.US)$  and 5% in Treasury bills. The remaining 5% will be reserved for stocks that I think have the potential to become the next $Amazon (AMZN.US)$ , $Tesla (TSLA.US)$, $Sea (SE.US)$ ,  $Apple (AAPL.US)$ and $Microsoft (MSFT.US)$ .
VOO:
Oracle of Omaha, Warren Buffet, feels that stock picking is difficult for the average person to suceed at and recommends investing in a low cost S&P 500 index fund. Indeeed, research has shown that few people and funds can consistently beat the market. Practising what he preaches, Buffet has instructed the trustee for his estate to place 90% of his money in $S&P 500 Index (.SPX.US)$ and 10% in Treasury bills for his wife upon his death.
S&P 500 tracks the performance of 500 largest companies in the US $Amazon (AMZN.US)$  $Apple (AAPL.US)$  $Netflix (NFLX.US)$  $Meta Platforms (FB.US)$ $Alphabet-A (GOOGL.US)$   $Alphabet-C (GOOG.US)$  $Moderna (MRNA.US)$ so one can leverage on the performance of some of the best companies in the world and achieve diversification at the same time. The importance of diversification cannot be overstated as it smooths out fluctuations in the overall portfolio value. Declines in some sectors will be offset by growth in other sectors.
The average annual return of S&P 500 from 2012 to 2021 is around 14%. The actual return is dependent on timing (the cost price) which can be influenced by emotions. As it is difficult to time the market, I would do dollar cost averaging to average out my costs.
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Disclaimer: The above is my personal opinion.It is not financial advice or a recommendation to invest. Please consult your financial advisor before making any investment decision.
Sell-Offs by CEOs - Good or Bad? https://www.moomoo.com/community/feed/107373076480006?lang_code=2

The best-performing counter in my portfolio is DBS $DBS Group Holdings (D05.SG)$. It crashed like many other stocks did during the coronavirus crash in 2020. The green arrow below indicates my point of entry. As you can see, I did not enter at the lowest point and there were several dips in between but I held on.
Of the three local banks $UOB (U11.SG)$  $OCBC Bank (O39.SG)$ $DBS Group Holdings (D05.SG)$ , DBS has the largest market capitalisation at SGD77.7B as compared to OCBC’s SGD46.8B and UOB’s SGD42.3B. Singapore’s three largest banks are major constituents of Straits Times Index $STI ETF (ES3.SG)$  $Nikko AM STI ETF (G3B.SG)$ and have good track records of dividend payment. The amount of dividends paid was dampened by the dividend cap imposed by MAS in July 2020 to conserve cash flow but the banks still managed to post sterling results; the cap has now been lifted. I’m looking forward to higher dividends in future. One thing I like about DBS is that it pays its dividends quarterly instead of half-yearly like OCBC and UOB.
% growth in capital to date: 33.6%
% dividends received to date: 4.6%
Overall % return on investment: 38.2%
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Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
Disclaimer: The above is not financial advice or a recommendation to invest. Past performance does not necessarily predict future results. Please do your due diligence and consult your financial advisor before making any investment decision.

After surging to an all-time high of USD157.26 a week ago, $Apple (AAPL.US)$ has slid 5.3% on the back of some negative news. With the launch of iPhone 13 and other updated products at “California Streaming” just round the corner, will the stock rebound?
What Caused the Slide?
1) The end of monopoly over payment platform in IOS App Store
In Epic Games v Apple, Judge Yvonne Gonzalez Rogers issued a permanent nationwide injunction prohibiting Apple from imposing anti-steering rules. This means with effect from December 2021, developers can direct Apple users to alternative forms of in-app purchase.
On 26 Aug 2021, Apple proposed a USD100m settlement in a different suit and clarified that developers are permitted to communicate directly with customers to inform them of other payment options if the customers consent to be contacted.
“Reader” apps (e.g. Netflix, Kindle and Spotify) are now allowed to add links to their own signup websites.
In related news, South Korea has also voted to pass an antitrust law that prevents operators of app markets from monopolising payment platforms. Google Play Store $Alphabet-A (GOOGL.US)$ $Alphabet-C (GOOG.US)$ is also going to be affected by this law.
All these will certainly reduce Apple’s lucrative income stream of 15-30% cut from payments made through its App Store in the future.
2) Increase in the cost of chips
$Taiwan Semiconductor (TSM.US)$ which has 56% of the market share in the global semiconductor foundry industry, is implementing a price hike for its chips with effect from 1 Oct 2021. This will increase Apple’s production cost so Apple will either have to go for a lower profit margin or pass on the costs to the consumer in the form of higher prices. Higher prices can lead to lower demand.
Most other chip companies have already raised prices. In my opinion, since the cost increase affects all chip users and Apple has a pretty strong user base, I think the impact will be transitory.
3) Apple’s head of Project Titan has been poached by Ford
Doug Field’s departure, in addition to the loss of several top managers from the team in recent months, is seen as a sign of further delays to the Apple branded car. Apple has appointed Kevin Lynch, its Apple Watch head, to take over. Lynch’s expertise is in software development so this may mean Apple is focusing more on software features for the new car design.
Speculations about the launch date of the car have ranged between 2025 and 2027 or later. The latest word is that Apple will be developing the car alone instead of doing a partnership with automakers to avoid further delays. On the positive side, Apple recently hired two former Mercedes engineers, one of whom has experience in mass production of vehicles, vehicle steering, dynamics, software and project management.
What to Look Out for In “California Streaming”
iPhone 13 is expected to have a faster chip, a smaller display notch, a better camera and a bigger battery. Other that, it is not going to be too different from the highly successful iPhone 12 in terms of look and size. A new Airpod model is also rumoured to be in the launch.
Short Term Outlook
Apple is fundamentally a sound company and the progressive switch to 5G means more people will be buying 5G phones. Handphone sales for the current fiscal year ending in September is already 27% higher than last year. It is flush with cash and has pledged to increase share buybacks.
The antitrust pressure will no doubt impact its service business revenue but I think it can overcome this by reinventing itself and finding new ways to grow. Having said that, unless Apple delivers major surprises during “California Streaming” or some hugely positive news happens, a rally in the stock price may not happen so fast. I would trade with caution given the many warnings of impending correction in the overall market ( $SPDR S&P 500 ETF (SPY.US)$ $iShares Core S&P 500 ETF (IVV.US)$  $Invesco QQQ Trust (QQQ.US)$).
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Disclaimer: The above is just sharing of my non-expert opinion. It is not financial advice or investment recommendation. Please do your due diligence and consult your financial advisor before making any investment decision.

He that goes a borrowing goes a sorrowing.
—Benjamin Franklin
Younger investors appear to be more open to taking on debt for investment as compared to older generations. In the recent MagnifyMoney survey in America, 80% of Gen Z investors and 60% of millenial investors borrowed to invest as compared to 28% of Gen X investors and 9% of baby boomer investors. Interestingly, 61% of the respondents who had previous experience of borrowing to invest indicated they would do it again although 63% regretted taking on debt. 33% would consider doing it again. Is the willingness to take on debt for investment a bad sign?
A penny saved is a penny earned.
—Benjamin Franklin
Debt is often seen as negative but it is not necessarily bad. For instance, few people can afford to buy property without taking on debt. The crux is not to over leverage. Even if one has the funds to pay in full, it may be more financially astute to finance the purchase with debt if one has the expertise to deploy the funds elsewhere (such as $SPDR S&P 500 ETF (SPY.US)$ $Microsoft (MSFT.US)$   $Apple (AAPL.US)$  $Amazon (AMZN.US)$  $Alphabet-C (GOOG.US)$  $Berkshire Hathaway-B (BRK.B.US)$ ) and generate a return that is higher than the interest rate of the debt.
Money can beget money, and its offspring can beget more.
—Benjamin Franklin
When it comes to trading, leverage can allow someone with a small capital to reap greater gains than would be possible otherwise. On the other hand, with high rewards come high risk. One can lose a lot more than the original amount invested. The risk is especially real when there is easy access to leverage and the trader is inexperienced. The high-profile case of a 20-year-old amateur investor committing suicide after thinking he had racked up USD730,000 of losses on Robinhood comes to mind. The key things to consider when deciding whether to take up leverage are one’s risk appetite, financial status, time horizon and financial objectives.
For those who wish to take on debt to trade, there are some ways in which the risk can be mitigated:
1) Only take on debt if the probability of gain is very high (i.e. the risk is low),
2) Limit the amount of debt to no more than a specified percentage of gross income and go for low interest rate debt,
3) Use option strategies to hedge the risks.
4) Understand the risks and work out the worst case scenario. Make sure it is something one can handle both emotionally and financially.
An investment in knowledge pays the best interest.
—Benjamin Franklin
At the end of the day, leverage is a double-edged sword. Spending time to understand it thoroughly will help one to decide whether it is suitable for oneself and when and how to employ it. All the best to you in your investment, be it with cash or leverage.
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Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
Disclaimer: The above is just my personal opinion. It is not financial advice or a recommendation to invest. Please do your due diligence and consult your financial advisor before making any investment decisions

According to Cook, Jobs advised him to be his own leader and never to ask "what would Steve do?". In the same spirit, I feel comparisons between the two are unnecessary. Both Cook and Jobs are great CEOs who have brought $Apple (AAPL.US)$ to greater heights and we should just celebrate their contributions individually.
Jobs was a visionary who co-founded Apple and made it a household name. He was responsible for a number of pioneering inventions: iMac provided a viable personal computing alternative to Windows; the iPod and iTunes made portable music players fun and fashionable; the iPhone revolutionised the design of smartphones; the iPad made tablets indispensable; the App Store completely transformed the way software applications were distributed; and the Apple TV which provided an integrated televsion and software experience.
Since joining Apple, Cook has helped streamline Apple’s supply chain and operations. Jobs and he turned around the struggling company from near bankruptcy to profit. Under Cook’s capable steerage as CEO, Apple expanded its services business and fluorished into the first trillion-dollar publicly-traded company in the US. Apple subsequently became the first US company to reach 2 trillion dollars in market capitalisation. It is currently the most valuable company in the world and the S&P 500 Index $SPDR S&P 500 ETF (SPY.US)$ , ahead of $Microsoft (MSFT.US)$, $Amazon (AMZN.US)$ , $Alphabet-A (GOOGL.US)$ and $Meta Platforms (FB.US)$    . Under Cook’s watch, Apple launched Apple TV+, Apple Watch, Airpods and has ventured into electric cars. Apple is also giving its users more control over their privacy.
Although there are challenges ahead (antitrust suits), as an Apple fan, I firmly believe in Apple’s continued growth and innovative offerings.
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