Good for you, congrats! How you do it?
If can achieve so high return why you recommend people to invest in passive ETFs to get much lower returns?
ok, I am not sure if u are a troll or are u insistent on some fallacys even after being debunked.
personally, I do not want to be responsible for anyone who follows my stocks picking. They SHOULD NOT.
what I pick is the result of my tiny and shabby circle of competence and anyone who wants to dabble in the realm of gambling should at least get to pick their own poison.
This is the key reason why I encourage anyone who wants to earn good, smart, passive investment methods by sinking us$8 on Shiny Things' manual. It's extremely cheap for what we learn as a step-by-step manual.
I realised most people are nerds and cannot see the big picture. Helicopter views seem impossible for people who seeks security in earning reports to visualise.
& it is a very foolhardy behaviour for them to behave in areas that aren't their strengths. Meaning, if u don't have vision, cannot have vision, try also won't have an inking of what vision means, pls... stick to the it's ok to know what I don't know and don't try to be what I am not.
what I do isn't extraordinary... I am just a macro investor.
meaning the big-picture type, but I fully agree with using passive index investing and some bonds ETF to do things in a buy and forget manner.
The state of the economy, daily news breaks, TA all these are noise and it doesn't matter. You are better off listening to your fav tune in your workout or watching some porn than trying to pull off a co-relation in the noise of the market. (I didn't say this. Warren B said it. I pondered over it & it's true.) Over time, the market is efficiency-priced. It's easy to be a macro trader. BUT u need confidence in trusting your intuition, it's incredibly hard in this aspect when you put your money where your mouth is. Esp if u sink in meaningful monies to trust your gut feelings with some form of an educated guess.
in short, it's easy to feel ecstatic over "The Big Short". but most of us would melt even before the event occurs because of the immerse pressure from self-doubt. so don't even try and do it the easy way. Just get a copy of Shiny Things' "Rich by Retirement" and end up rich.
There isn't much lifestyle changes or differences after a certain quantum.
what's the diff between 20m and 1b in one's lifestyle, as compared to 500k and 5m in one's lifestyle?
you made 2 stupid points, I don't know if u failed in life or u are doing this on purpose.
1. FX is practically FREE on IB. Name me any that's 2X the price of what IB charges in any SG platform?
2. US offshore brokers, TD Ameritrade and Interactive Brokers, up to a certain sum, 2.75m usd(?) are insured, which local stock brokers insure us?
3. instead, they (local brokers) are more expensive and they charge us fictitious amounts which are obsolete in the US offshore brokers.
I think BBC watcher wrote as simply as he could to be understood. and Education probably failed u, esp if you still rant on the same points which we have CLEARLY debunked.
Can u tell us abit more about yourself?
what did u graduate in?
what job do u work as? the job nature, your company's biz nature?
v curious, not to repeat the same where humanly possible.