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Ng Aze Private ID: 102881646
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    $Fullerton SGD Cash Fund(SG9999005961.MF)$ For the 5.8% promotion, if I did an accumulative deposit of 50k and completed 5x buy trades with 30k, will I be getting the 5.8% p.a. interest under the max 30k tier? Or I will need to do another 2x buy trades since I have deposited 50k?
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    Ng Aze commented on
    $Fullerton SGD Cash Fund(SG9999005961.MF)$ I deposited 30k last week and subcribed Fullerton SGD Cash Fund for 5 times last week. A pop up message showed that I have activated for max 30k. I deposited another 20k for other purposes and withdrew this 20k this week. However, when I enter the 5.8% rewards page, a pop-up message showed that I have activated for max 80k. Does that mean I will need to maintain at least 50k now and execute 2 more trades in order to be eligible for the 5.8% rewards?
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    $Moderna(MRNA.US)$ - vaccine stock on watch as Omicron Covid-19 Cases Found in at Least 15 U.S. States; calls above $311
    $Alibaba(BABA.US)$ - Alibaba To Reorganize E-Commerce Into Separate Domestic, International Units — Names New CFO. could move lower. Puts below $108
    $Alphabet-A(GOOGL.US)$ - Dec 9th is the day that YouTube / Google stop allowing app downloads on Roku TVs (if a new agreement isn't reached).
    $FedEx(FDX.US)$ - stock close to breaking trendline resistance at $242. Calls above it.
    $Nike(NKE.US)$ - another stock close to breaking trendline resistance at $172. Calls above it.
    Roblox has a marketplace where its users can sell all sorts of accessories, from funky haircuts to entire outfits, to dress up their avatars. Many items are non-collectibles, meaning as many people can buy them as they want.
    One of these, a Gucci Queen Bee Dionysus bag, was initially sold for a mere 475 Robux (around $5). But due to only being available for an hour a day on two days, the price hiking began immediately. The highest successful listing sold the bag for $4,115, though some reportedly attempted to shill it for over $10,000.
    In November, $Nike(NKE.US)$announced a partnership with Roblox to offer a free virtual playspace called Nikeland. In its current iteration, Nikeland includes minigames such as tag, dodgeball and lava floors.
    In addition, $Ralph Lauren(RL.US)$will debut The Ralph Lauren Winter Escape on $Roblox(RBLX.US)$to show off its holiday fashion themes.
    Our engagement in the metaverse is a natural extension of our lifestyle brand which, at its core, has always been about stepping into the worlds of Ralph Lauren. Our partnership with Roblox builds on years of digital innovation and underlines our belief in the opportunity that virtual spaces and economies present — especially when it comes to the next generation of consumers.”
    —— said Alice Delahunt, chief digital and content officer at Ralph Lauren, in a statement.
    Universes like Roblox are attractive to companies because they introduce younger users to their brands and give them a chance to see their marketing vision before graduating to real-world products. And traffic has been booming: VF Corp.’s Vans World in Roblox has had more than 50 million visits since its April launch. Nikeland, which Nike Inc. announced last month, has had more than 6 million visits.
    Morgan Stanley analysts including Edward Stanley said last month that luxury NFTs, which include digital fashion, may reach 50 billion euros (about $56 billion) by 2030, with collectible items growing in popularity. Luxury brands like Louis Vuitton and Burberry have also been dabbling in the space.
    Mooers, what do you think and will you pay for these in a virtual world?
    Source: GamesBeat, FORTUNE, Polygon, engadget
    How much will you pay for a virtual Gucci bag?
    How much will you pay for a virtual Gucci bag?
    How much will you pay for a virtual Gucci bag?
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    $Moderna(MRNA.US)$ - vaccine stock on watch as Omicron Covid-19 Cases Found in at Least 15 U.S. States; calls above $311
    $Alibaba(BABA.US)$ - Alibaba To Reorganize E-Commerce Into Separate Domestic, International Units — Names New CFO. could move lower. Puts below $108
    $Alphabet-A(GOOGL.US)$ - Dec 9th is the day that YouTube / Google stop allowing app downloads on Roku TVs (if a new agreement isn't reached).
    $FedEx(FDX.US)$ - stock close to breaking trendline resistance at $242. Calls above it.
    $Nike(NKE.US)$ - another stock close to breaking trendline resistance at $172. Calls above it.
    $Home Depot(HD.US)$ $Costco(COST.US)$
    Homes aren't going away. Amazon ain't selling joint compound or lumber. Unless you are Lowes, it will be difficult for smaller home improvement retailers to match the pricing. When was the last time someone went to Home Depot and walked away with one item? Contractors make up a large % of revenue for HD. The return policy is great, the prices are some of the lowest, and the amount of products they offer makes it the best place for homeowners and contractors.
    Costco's retention rate is always near 90%. Many people who are price sensitive might see the higher upfront cost as an issue but the savings are better than anywhere else. Costco has the ability to negotiate goods at a far lower price because having your product in Costco is a goldmine. When was the last time you saw a Costco ad? It doesn't happen. People know and trust Costco.
    Look at the businessess Amazon has been able to destroy. COVID was a retail killer but Home Depot and Costco grew at a high rate. Great prices, great customer service, and very few competitors of scale.
    $Visa(V.US)$India's RuPay dominates number of issued cards
    Prime Minister Modi, other officials promote use of RuPay
    Visa told U.S. govt Modi's linked RuPay use to national service
    Visa Inc (V.N) has complained to the U.S. government that India's "informal and formal" promotion of domestic payments rival RuPay hurts the U.S. giant in a key market, memos seen by Reuters show.
    In public Visa has downplayed concerns about the rise of RuPay, which has been supported by public lobbying from Prime Minister Narendra Modi that has included likening the use of local cards to national service.
    But U.S. government memos show Visa raised concerns about a "level playing field" in India during an Aug. 9 meeting between U.S. Trade Representative (USTR) Katherine Tai and company executives, including CEO Alfred Kelly.
    $Alibaba(BABA.US)$ tomorrow it would goes to $170
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    $NVIDIA(NVDA.US)$ $Roblox(RBLX.US)$
    Sometimes when we look at trends, we need to see what the next generation are doing. When you see your young kids or teenagers engaging in VR environment, and I know of young kids spending thousands in the virtual world, that is the future, whether you like it or not. These 2 mentioned stocks are already deeply dive into VR and gaming. I missed out on Roblox, but if there is non fundamental weakness price drop, will surely look to buy in.