wychkraft
commented on
$UOB (U11.SG)$ UOB's yesterday price closed at $29.11 and not as indicated at moo moo's chart today's previous close at $28.36. very misleading leh...malpractice?
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11
wychkraft
liked and commented on
Dear mooers,
We are coming to the end of a very unusual year full of uncertainty. Whether good or bad, we all witnessed the history.
Before you want to see what you can expect in 2022, let's have a little break and take a guess of the closing price of the S&P 500.
A happy ending or a tragedy? Go big or go home? Place your bet NOW!
Win Reward:
Place your bet on the closing price of the $S&P 500 Index (.SPX.US)$ (i.e.4800.11) on Friday...
We are coming to the end of a very unusual year full of uncertainty. Whether good or bad, we all witnessed the history.
Before you want to see what you can expect in 2022, let's have a little break and take a guess of the closing price of the S&P 500.
A happy ending or a tragedy? Go big or go home? Place your bet NOW!
Win Reward:
Place your bet on the closing price of the $S&P 500 Index (.SPX.US)$ (i.e.4800.11) on Friday...
452
1070
wychkraft
liked
2021 is the first year i started to invest in stocks. What a rocky year to start off with🤣 l’d like to share my 3 biggest mistakes and experiences as a new investor.
First of all, I recalled that I had a dilemma - buy at all time high if not it will go higher and never come back down OR wait till it drops. It’s scary to see the price increasing higher and higher. I asked myself “do I buy now when it’s all time high or wait and buy when the price drops?” I waited only to see it increased 😂 and I hurried to enter the market to buy only to see it dropped and dropped further 🥲
One other mistake I made was not a very smart decision to buy shares of a single company with a lump sum and lastly, the mistake was to invest ALL my capital in my portfolio.
What’s wrong with the mistake above and what have I learned is that, firstly, I learned to ONLY buy what I can afford. When we see the price at all time high, we all hope for a discount but it can go either way so i have decided to BUY only if I can AFFORD to LOSE. Of course, I have to do homework to find out if it’s a good company that I can invest in for a long term.👍
Secondly, investing with a lump sum with all capital made me realise that I do not have enough cash to buy when the price drops for dollar cost averaging and i realised I have to keep checking on my account balance because I fear that I might blow my account.
So what I did was that I decided to sell one of the stocks that takes up a greater portion of my portfolio. And before I decide to sell, I was hoping that it will go up to breakeven. However it didn’t and I sell at a greater loss. Good news is that I was still able to preserve most of it. 🥲
This investment experience allows me to realise the importance of patience, value and risk management. I learned that the guts to selling stock (that is either going to harm your capital or losses its value) at a loss is also a must-have in order to prevent the losses from snowballing.
When I first started out, I focused on growth stocks. Now with the extra capital from what I sold as mentioned above, I invest part of it into SG dividend stocks, with the rest as back up capital. This allows me to not worry so much when the market crashes as I have the capital to dollar cost average. It also helped me to not frantically check on my portfolio every now and then, knowing that I have the capital to prevent margin call. Even if I lose all the money in stocks, part of it is still in cash (for future investment if there’s good stocks or dollar cost averaging) this allows me to have a peace of mind as I know I won’t be losing all of my money.
Stocks are for long term and investing a lump sum can bring quick cash but also increase the risk. Right now I learned how to manage risk and also allowing myself to hold stocks for long periods of time. I believe it’s personal risk and investment preference so i believe everyone has their own way of investing (market timing, lump sum, dollar cost averaging, etc). I hope I have shared some insights and also to remind myself of the things I learn and I hope moomoo will continue to provide good investment experience for us. Wishing everyone Merry Xmas and looking forward to 2022!
$DBS Group Holdings (D05.SG)$ $Roundhill Ball Metaverse ETF (META.US)$ $Apple (AAPL.US)$
First of all, I recalled that I had a dilemma - buy at all time high if not it will go higher and never come back down OR wait till it drops. It’s scary to see the price increasing higher and higher. I asked myself “do I buy now when it’s all time high or wait and buy when the price drops?” I waited only to see it increased 😂 and I hurried to enter the market to buy only to see it dropped and dropped further 🥲
One other mistake I made was not a very smart decision to buy shares of a single company with a lump sum and lastly, the mistake was to invest ALL my capital in my portfolio.
What’s wrong with the mistake above and what have I learned is that, firstly, I learned to ONLY buy what I can afford. When we see the price at all time high, we all hope for a discount but it can go either way so i have decided to BUY only if I can AFFORD to LOSE. Of course, I have to do homework to find out if it’s a good company that I can invest in for a long term.👍
Secondly, investing with a lump sum with all capital made me realise that I do not have enough cash to buy when the price drops for dollar cost averaging and i realised I have to keep checking on my account balance because I fear that I might blow my account.
So what I did was that I decided to sell one of the stocks that takes up a greater portion of my portfolio. And before I decide to sell, I was hoping that it will go up to breakeven. However it didn’t and I sell at a greater loss. Good news is that I was still able to preserve most of it. 🥲
This investment experience allows me to realise the importance of patience, value and risk management. I learned that the guts to selling stock (that is either going to harm your capital or losses its value) at a loss is also a must-have in order to prevent the losses from snowballing.
When I first started out, I focused on growth stocks. Now with the extra capital from what I sold as mentioned above, I invest part of it into SG dividend stocks, with the rest as back up capital. This allows me to not worry so much when the market crashes as I have the capital to dollar cost average. It also helped me to not frantically check on my portfolio every now and then, knowing that I have the capital to prevent margin call. Even if I lose all the money in stocks, part of it is still in cash (for future investment if there’s good stocks or dollar cost averaging) this allows me to have a peace of mind as I know I won’t be losing all of my money.
Stocks are for long term and investing a lump sum can bring quick cash but also increase the risk. Right now I learned how to manage risk and also allowing myself to hold stocks for long periods of time. I believe it’s personal risk and investment preference so i believe everyone has their own way of investing (market timing, lump sum, dollar cost averaging, etc). I hope I have shared some insights and also to remind myself of the things I learn and I hope moomoo will continue to provide good investment experience for us. Wishing everyone Merry Xmas and looking forward to 2022!
$DBS Group Holdings (D05.SG)$ $Roundhill Ball Metaverse ETF (META.US)$ $Apple (AAPL.US)$
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wychkraft
liked
$Valuetronics (BN2.SG)$ Go long at SGD0.56 can see some upside as far north as SGD0.60. Effectively 7% gains within 90 days.
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wychkraft
liked
$UOB (U11.SG)$ wait for dip to enter again
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wychkraft
liked
$DBS Group Holdings (D05.SG)$ Good stock
Translated
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wychkraft
commented on
$Singtel (Z74.SG)$ If I sell at 9am 17/12 on XD date, do I still get the dividend?
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wychkraft
liked
wychkraft
liked
$SIA (C6L.SG)$ the gap on oct 11 is fully filled today.
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wychkraft : I also don't get it. why minus $0.75? I bought UOB at $28.98 yesterday thinking I would be gaining when it closed at 29.11. But it actually closed at 28.36. So in the end I made a loss. Can someone explain the misleasding price?