i made 56% profit from just last year via stocks

[Vegitto]

56% only?

crypto easily 5x

But crypto can also easily -1000%

 

[Roundtreex]

Last yr is a exception yr for equities and other assets cause by Pandemania. So almost everyone bought during the crisis won and no way to repeat it again. So dun hao lian so fast.

lol while edmw shouting recession and crash.
Love edmw cause i always go opposite of them. Like 90% accurate !! Huat arrr!!

 

[o0KelviN0o]

cpf also can say havent cash out. what if u die before u can spend it??

good luck! Hope u make another 56% buy us buffet

 

[Perisher]

good for you. but for ppl who are financially illiterate and not well suited to dabble in the financial markets like yours truly...........CPF enables me to know my retirement is secured and i can sleep soundly every night.

I'm the type that 逢赌必输, bet what lose what, invest company company will collapse.......BBFA, unable to network my way out of the rat race.

CPF is a god-send for me with 4-5% p.a.

eh... did you ever try to get a simple etf and still lose over a 3-5 year period doing simple DCA?

 

[fortunecat]

But crypto can also easily -1000%

Technically it's only possible to - 100%

 

[Cobra!]

some people wear thongs, some wear briefs, some wear boxers.

whatever you feel comfortable carrying your balls can liao

 

[kuma-mon]

Gxgx TS, time to resign job liao

 

[zuppeur]

Can open fund management for edmw

 

[zuppeur]

56% only?

crypto easily 5x

How to invest crypto?

 

[Daty41]

Ya % return doesnt mean much unless its a significant sum of money or a significant % of a person's networth.

I'm up about 22% this year, its a big boost to my networth because stocks make up big chunk of it, its several times that of my equity in my property (which is fully paid).

Unless you dare to go big like DFV during the gamestop saga, even 1000% return might not mean much in the end.

exactly... when u say 22% and its a significant portion of your large networth, then its sound very reasonable.

The very large % gain without context is very dangerous and often lure people into false belief.

I can just play $5000 and make 500% in meme crypto or meme stocks (meme stock maybe 2x only) ...who will dare to put in $100K-200k into them unless u already have millions.

That being said, for a normal person, i wonder what is the amount that one is willing to gamble into meme crypto (like Shiba) or meme stock (GME)..for me its $10k the most (i am just above the low income bracket)

for context my gambling max for
-4D is $200 per number
-football is $500

 

[Bam25th]

It is possible for everyone who buy to win

The inflation causes anyone who didn't buy to lose.

And that's how capitalism works.

This is so not true

 

[Acetron]

not everyday is sunday, better run and take cover as 2022 will be a volatile year

 

[DicDok]

why do i need cpf?

Be patience ts, it is just last year that you make a profit, you may lose more than 56% in future, then you will appreciate cpf.

 

[Heriophant]

56% ?
Invest $10 now $15.60?

 

[sk0065]

exactly... when u say 22% and its a significant portion of your large networth, then its sound very reasonable.

The very large % gain without context is very dangerous and often lure people into false belief.

I can just play $5000 and make 500% in meme crypto or meme stocks (meme stock maybe 2x only) ...who will dare to put in $100K-200k into them unless u already have millions.

That being said, for a normal person, i wonder what is the amount that one is willing to gamble into meme crypto (like Shiba) or meme stock (GME)..for me its $10k the most (i am just above the low income bracket)

for context my gambling max for
-4D is $200 per number
-football is $500

Let me test the evidence by using this hypothesis.

Scar-ly:

TS invest $1,000 at the start of the year
today check, NAV is $1,560.

 

[Perisher]

Technically it's only possible to - 100%

possible to -1000%, take on debt lor... lose more than you own.

 

[sk0065]

Just now, I went to the Drinks Vending Machine

Inserted a $1 coin
aiya, lemon tea out of stock

press eject

went to retrieve my coin and found an extra 10cents (must have been left there by the previous person)


Made 10% return within 15 seconds.

 

[HumJiBeng]

why do i need cpf?

56% in one year because of bullish Market.

I am sure u lost $ in 2009 financial crisis.

Cpf retirement account 4% is guaranteed

 

[0bserver]

56% in one year because of bullish Market.

I am sure u lost $ in 2009 financial crisis.

Cpf retirement account 4% is guaranteed

2009 maybe he still he playing marbles

 

[PetKat]

good for you. but for ppl who are financially illiterate and not well suited to dabble in the financial markets like yours truly...........CPF enables me to know my retirement is secured and i can sleep soundly every night.

I'm the type that 逢赌必输, bet what lose what, invest company company will collapse.......BBFA, unable to network my way out of the rat race.

CPF is a god-send for me with 4-5% p.a.

Cpf is only 2.5% how u get 4-5%?