kent02lee
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The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
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kent02lee
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The much-anticipated rate cut decision has finally arrived, with the Federal Reserve announcing a 50 basis point rate cut! At this pivotal moment, investors need to have a deeper understanding of the background and impact of rate cuts.
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...
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kent02lee
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Low cost ETF is the way to go! Sometimes the most simple and boring way is the best
If u refer to my moofolio, u can see I allocated quite a large % of it in $SPDR S&P 500 ETF (SPY.US)$ alongside $Advisorshares Trust Pure Us Cannabis Etf (MSOS.US)$ which had a whopping 470% gains!
Ranking of gains:
①ETFs
②AI boom with Nvidia selling the golden shovel
③Meme stocks
A single stock pick is incredibly hard to constantly ...
If u refer to my moofolio, u can see I allocated quite a large % of it in $SPDR S&P 500 ETF (SPY.US)$ alongside $Advisorshares Trust Pure Us Cannabis Etf (MSOS.US)$ which had a whopping 470% gains!
Ranking of gains:
①ETFs
②AI boom with Nvidia selling the golden shovel
③Meme stocks
A single stock pick is incredibly hard to constantly ...
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kent02lee
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My ETF holdings are mainly the leveraged ETFs which have higher risk profile compared to other type of ETFs. However, my problem with my ETF holding is their lackluster performance. Luckily though they are only a small position of my overall portfolio and I am not looking at profit near term.
That being said, if you google about leveraged ETFs, you will see the red flag as below immediately.
Leveraged ETFs decay due to the compounding effect of daily returns, volatility...
That being said, if you google about leveraged ETFs, you will see the red flag as below immediately.
Leveraged ETFs decay due to the compounding effect of daily returns, volatility...
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kent02lee
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$99SMART (5326.MY)$Today's forecast closing at 1.89 continues to maintain a stable increase.
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kent02lee
Set a live reminder
Missed the live? Watch the replay now and join Justin, Michael and Jessica as they dives deep into US rate cuts!
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kent02lee
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$99SMART (5326.MY)$ Buffett once said, a good management team will make the company stronger and wealthier. After looking at the management team, with two Burger King executives and business tycoons, I've decided to hold for long-term gains. 😎💪🔥
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kent02lee
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$99SMART (5326.MY)$There are a lot of people without dreams. They just said yesterday that they will enter the Southeast Asian market in the next five years. You are in a hurry to sell without any imagination. There will be a membership system in the future. Online purchases and deliveries. Their agent's CEO is so young and has a lot of ideas. It's a pity that you only see the immediate benefits. There is no way. Little shrimp can only go with the flow.
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