I heard some even made Pelosi trade. Lmao. I mean Warren, Charlie and others are actually almost public for some trades. Thing is nothing is guaranteed, that is just impossible. For everything, I can think of 101 risks. No need to get the best, that just not possible.
STI at ATH now. Are you still of opinion shd sell STI ETF at 3.3x and buy back when 2.9x?BOE big rate hike and forecasting long recession, but FTSE is green, and so is LLOY. I guess I'm relieved because it could have been worse, but I guess market already expected the hike
This almost never ends well. You sell and the price keeps going up and you kick yourself then it falls a bit and then you buy back and then it keeps falling more. This is exactly how it plays out, always!
Idk I still think the current price for s&p is still quite expensive. The valuation multiplier keeps fluctuating and the range is so big. 3600 to 4300. Even if the multiplier increase, a better price will be around 3950 to 4030.
Talking about interest rate. Idk but I think 3%-3.5% will be the eoy.
Limster and Co, how do you draw a line where you stop buying. I still got more to learn.
IWDA $75 will be a good price for me!
Idk I still think the current price for s&p is still quite expensive. The valuation multiplier keeps fluctuating and the range is so big. 3600 to 4300. Even if the multiplier increase, a better price will be around 3950 to 4030.
Talking about interest rate. Idk but I think 3%-3.5% will be the eoy.
Limster and Co, how do you draw a line where you stop buying. I still got more to learn.
IWDA $75 will be a good price for me!
My FTSE 100 strategy is:
<6499 buy buy buy!
6500-6999 accumulate, slow down as you approach 7,000.
>7000 stop buying
Currently FTSE is 6,658, so it is still attractive and I am still buying FTSE100 ETF as part of an overall plan . But not cheap enough to go all-in
https://www.msn.com/en-us/money/new...-new-share-buyback-plan-announced/ar-AA10vEmx
though I doubt we will get the sort of crazy almost continuous rally like in 2021, I am optimistic that there will be more green days than red days and that we will rally to breakeven point by the end of this year!
IWDA is currently $78. It was a good buy below $75 like I mentioned, and fairly valued between $75-$80, so I will continue buying until IWDA hits $80, then better stop and watch the market...
The market is inching forward so slowly, most people are probably not noticing the rally and still in 'doom and gloom' mood. Maybe 1 more week of green and then the 'has the boat sailed yet' posts will start appearing....
like I have mentioned before, I think there will be a small rally (slightly more green than red) to breakeven at year-end rather than a mega-rally.
IWDA is currently $78. It was a good buy below $75 like I mentioned, and fairly valued between $75-$80, so I will continue buying until IWDA hits $80, then better stop and watch the market...
last time my thinking was that since my average buying price is below $75, I don't buy at $78 because it will 'increase' my average buying price and lower my % gain. I've since moved on to focusing on absolute $$$ gains. If IWDA is below $80 and I have conviction it will go above $80, then might as well buy since I will make profit....
My simple rule for averaging up is I only top up when the current price is about 5-10% above my existing average buy price. This is becuz if it drop just after I top-up I still have enough buffer to maintain green color. But I notice sometimes the fall is fast and quick and can down even 5-10% in a single trading day. I guess that is unavoidable as risk are always there in stocks,ETFs
This is a good strategy. I personally view current warchest v/s new inflow differently.
