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3M Stock Discussion

EZ_money

Jul 17 12:01

$3M(MMM.US)$ i can always rely on Big M

doctorpot1

Jul 13 14:22

First half of 2024 is all about rolling option on great trade

The first half of 2024 has been a promising period for my investment portfolio, despite its heavy tilt towards Chinese and Singaporean stocks. With a performance of 9.20% , my portfolio has outpaced the $Hang Seng Index(800000.HK)$, the $CSI 300(LIST20861.HK)$, and the $FTSE Singapore Straits Time Index(.STI.SG)$, though it fell short of the remarkable gains seen in the US markets, particularly the $S&P 500 Index(.SPX.US)$ and the $Nasdaq(NDAQ.US)$. Of cours...

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2024 half-year recap: Tell us your trading story

151743798 : If you sell Chinese stocks and exchange them all for US stocks, especially high-tech stocks, you didn't have 9% in the first half of the year, but 39%. I'm curious if you're still buying Chinese stocks. Aren't big A-shares even better?

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doctorpot1OP 151743798: It's true that US high-tech stocks have performed exceptionally well, offering significant returns that outpaced my portfolio's 9% gain in the first half of the year. However, my investment philosophy is grounded in long-term value investing, and I believe that Chinese stocks, particularly those with solid fundamentals, have the potential for substantial rebounds of 100%, 200%, or even 300% as the Chinese market recovers. That said, predicting market movements is inherently uncertain, and diversification remains a crucial part of my strategy.
Yes, I am still buying Chinese stocks, but I'm also diversifying my portfolio further by allocating some cash into bonds and REITs to take advantage of higher yields as interest rates are expected to drop. This provides a balanced approach, combining growth potential with income stability.
As for A-shares, I prefer investments where I can employ options strategies. Options allow me to hedge my trades and enhance returns through strategies like covered calls and LEAPS. Since I can't use options on A-shares, they don't align with my current investment strategy.

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葡萄山 : We have no way of predicting what will happen tomorrow, but we must be prepared to take risks. And I think doing what we should do now is to prepare the best for the future.

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steady Pom pipi :

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doctorpot1OP 葡萄山: Absolutely. The future is always uncertain, whether we're looking at US tech stocks, Chinese markets, or Singaporean equities. This unpredictability underscores the importance of taking calculated risks and maintaining a diversified strategy.
US tech stocks might continue their impressive rally, but there's also the possibility of a correction. The same goes for Chinese and Singaporean markets. Given this inherent uncertainty, diversification is crucial. This not only means diversifying within the stock market across different sectors and regions, but also looking beyond stocks altogether.
In my strategy, I've been focusing on including cash, money market funds, bonds, REITs, and real estate in my portfolio. Additionally, starting up businesses further provides safety nets and enhances my diversification.
Preparing for the future involves a multi-dimensional approach. It's about spreading risk across various asset classes and regions, staying flexible, and being ready to adapt to whatever the market throws our way. By doing so, we not only mitigate risks but also position ourselves to seize opportunities as they arise.

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$3M(MMM.US)$ fly

ColumnsToday's Morning Movers and Top Ratings: TSM, TSLA, MMM, SPOT and More

Morning Movers
Gapping up
$Taiwan Semiconductor(TSM.US)$ 's shares grew by 2.53% as the company reported a substantial 32% surge in second-quarter revenue compared to the previous year.
$Microsoft(MSFT.US)$ stock witnessed a 0.4% uplift after the tech giant indicated a willingness to forfeit its observation seat on the board of OpenAI, amidst increasing regulatory examination of generative artificial intelligence in the U.S. an...

EZ_money

Jul 10 05:53

$3M(MMM.US)$ buy the blood ignore the FUD... CEO change can be a good thing..

$3M(MMM.US)$ 🐂💥🚀📈

$3M(MMM.US)$ i love this stock

QianmengYu

May 16 09:13

Mispricing after spinning off

$Solventum(SOLV.US)$ $3M(MMM.US)$ It’s pretty common large business spin off is not properly priced. Unsure then just basket them, and sell and buy together.
Wall street voodoo, different industry has different multiple… Dow and Industry fund will sell, and medical fund will buy in. Debt allocation make things more complicated. Say profit is 9:1, but Debt could allocated 18: 1, or 5: 1, or even 3:1, apparently different price.
Recall UTX spin off. RTX was bad at that...

doctorpot1

May 3 16:25

April 2024 Portfolio Review: Riding the Chinese Market Resurgence

April 2024 has been a remarkable month for my portfolio, characterized by a surge that edge out the $Hang Seng Index(800000.HK)$ by a hair's breadth, but outpaced major benchmarks like $SPDR S&P 500 ETF(SPY.US)$ and $FTSE Singapore Straits Time Index(.STI.SG)$.
One of the main reasons behind this performance was long awaited rally in the Chinese market. After weathering 3 years of turbulent crashes, it was like seeing a phoenix r...

doctorpot1: Remember to write in to Moo Moo to vote FOR for the buyout

April P/L Challenge: Which stocks in your portfolio shined for you?

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