Participate in Guess for Prizes and become eligible for a share of US$100,000 in cash rewards! Tap this link to begin >>
On paper, it is hard to argue against DCA. The logic is sound and if you take history and compare, DCA appears to always win.
However, it is difficult to stay on DCA simply because of human nature. We just cannot accept that we may pay a higher price. So the best thing to do would be a hybrid method.
If not "too sure", then get an exposure but with a smaller amount. If there is a "gut feeling", then sometimes we need to trust that and go in a bit more than normal. Not "all in/show...
However, it is difficult to stay on DCA simply because of human nature. We just cannot accept that we may pay a higher price. So the best thing to do would be a hybrid method.
If not "too sure", then get an exposure but with a smaller amount. If there is a "gut feeling", then sometimes we need to trust that and go in a bit more than normal. Not "all in/show...
3
Money market funds form an essential branch to my overall financial planning. It allows me to park funds while I scout for the next suitable stock investment. Sometimes my target purchase can be done in which the investment amount is then easily converted. If not where it does not go there, I do not need to prepare cash to sit idly in the account. It still earns interest while i wait That's a nice feature to have!
Congrats on reaching 1M users in Singapore . I would not be surprised if 2M is reached faster than 1M.
Keep up the good work and we'd keep following Moomoo !
To the moon!
Keep up the good work and we'd keep following Moomoo !
To the moon!
Been waiting for long time. when can i start? now?
Past 2 years has been tough. Had to make many small profits to try and cover large losses. Took too many risks and follwed poor advice from some analysts (ya, bank analysts!). Should have trusted my guts more.
2024 will rebalance and try to exit out from poor investments. Will reinvest recycle capital into suitable REITS and safe BlueChips with reasonable dividend yield. Not going to trust analysts much these days.
2024 will rebalance and try to exit out from poor investments. Will reinvest recycle capital into suitable REITS and safe BlueChips with reasonable dividend yield. Not going to trust analysts much these days.
1
My 2024 wish from Moomoo would be:
1) Malaysia stock trading!
2) More Cash fund vouchers.
3) Better choice of redemption goodies. Current offers are pretty sad really.
4)Better referral bonuses.
5) Personal self improvement. Learn how to trade options.
1) Malaysia stock trading!
2) More Cash fund vouchers.
3) Better choice of redemption goodies. Current offers are pretty sad really.
4)Better referral bonuses.
5) Personal self improvement. Learn how to trade options.
1
1