Market continues to crash

[buttbERry]

It is also psychological. I kept 7 figures cash to tell myself if market drop dun worry cos got cash can buy. Still got 7 figures even if stocks collapsed everything become cheap.

But end up I never touch the money to buy stocks. psychologically though I had confidence to pump everything else and everything new that comes into the markets.

Got growth strategy. Got income strategy also. I building up income strategy aim to have monthly distributions $30-$50k then I put the rest in growth for my kids as estate planning for them.

Canada the tax rules quite complicated with personal non registered accounts registered accounts TFSA RRSP corporate capital dividend account , adjusted aggregate investment income limits AAII etc. Got to use Life Insurance as a way to shield corporate investments for estate planning also.

SG so simple. All invesment returns all tax free.

Very satki strategy

good to keep some cash around

 

[kage]

i use MACD and VWAP

i use vwap and rsi for day trading as well ....

 

[buttbERry]

It is reassuring. Some would say foolish to keep so much cash. But from a tax perspective I feel that I take the risk then govt earn the tax on my returns.

So is ok to keep the cash so that I have the confidence to put anything else into investments. My stock portfolio also 7 figures already.

Definitely your way is one way to do it

but of course there are also diff views about this

 

[AuraKUPO]

24H just keep going up. Looks like today is another at least 2% green. Going to hit 6000 very soon like what I said

 

[Jirachi]

Basically you are just like those newbie investor la.

Shout crash/sell when market is dropping.
Shout bull/buy when market is rising.

After that get knocked out by the short term swings lol.

but then again, you could be just trolling. If that’s what make u entertained, get a life outside edmw la.

He certainly sounds like those useless bank analysts.

 

[Jirachi]

individual stocks can surge up to circuit breaker limits. the typical range is 0-5% daily

Bro, if this is the case, this Monday, everything would have been at circuit breaker.
Individual stocks do not really have circuit breakers.

Index circuit breaker is 7% for the first level.

Huge capital doesn't fall from the sky, my friend. Took me 15 years to build up. Requires lots of perseverance, patience and hard work. No pain, no gain. But most people want fast gains. Haters were laughing at me when I started in 2010. Heck, even today there are still people passing sarcastic remarks.
Now, I am enjoying the fruits of my labour. My overseas trips are all sponsored by dividends.

My Very First Portfolio Update in 2010

Yeah, I’m not saying it’s easy. Just saying that to have those dividends, the capital must be really huge to begin with.

We have a stock expert right here in this very thread with win rate 99% and prediction rate 100%. He can easily build up a huge capital in one or two years

He would have been on the top 10 of the Bloomberg Billionaire Index by now.

i use MACD and VWAP

i use vwap and rsi for day trading as well ....

Are you two institutional players?

 

[harbinger255]

He certainly sounds like those useless bank analysts.

He sounds like the headline writers from motley fool lor....

How much would you have earned if you had invested $1000 in xyz stock 5000 years ago??? We got a list of such companies right here for you!!!! Be rich 5000 years later now!

 

[AuraKUPO]

TBF, many tarrif plays gonna crash

And also Tesla but for different reasons

Pre market going strong. Looks like market just wants to keep going up. Those who are still waiting has already miss the boat

 

[TerryPower]

SGX red today

All sinkies dumping and all in US as advised by @AuraKUPO?

 

[AuraKUPO]

SGX red today

All sinkies dumping and all in US as advised by @AuraKUPO?

Yes. That's why us market so strong today. All fomo + institution money flow in. The 9 consecutive days green still continue and could be more than 14 days consecutive green. The pump will always happen after 10am.

There could be no red days until June. This is my prediction only. Don't board the ship then prepare to stay poor. Not I say one, Trump said one.

 

[dereth]

Not me. I am not in SG.

Don't say top 10% of SG population. My friends and relatives are top 5% minimum. Many are top 1%

Wah.... top 1% cut off is 8 million SGD.

 

[li9ht5peed]

the pump started at 12pm but i didn't see much demand for USD so it's probably institutional buying

 

[AuraKUPO]

wow pre market up 3%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Woot Woot going to alt galaxy~!!!!!

 

[dereth]

There could be no red days until June. This is my prediction only. Don't board the ship then prepare to stay poor. Not I say one, Trump said one.

(Is that a middle finger? )

 

[AuraKUPO]

the pump started at 12pm but i didn't see much demand for USD so it's probably institutional buying

Institution fomo already. Means there are at least 7b money injecting into the marketing

 

[dereth]

wow pre market up 3%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Woot Woot going to alt galaxy~!!!!!

I have some NVDA... but AVGO please go up toooooooooo!!!!!!!!!!!!!!!!!!

 

[cyke69sg]

Wah.... top 1% cut off is 8 million SGD.

So low? This is net worth right?

 

[dereth]

So low? This is net worth right?

Yes net worth. I was surprised to see it this low.

But take note - the top 1% ranges from S$8m to maybe S$30b.

 

[BuffBuffForevaAttached]

noob Q, use tiger how to buy US indexes?

 

[cyke69sg]

Yes net worth. I was surprised to see it this low.

But take note - the top 1% ranges from S$8m to maybe S$30b.

https://wid.world/income-comparator/

This one says $6.2m is top 1% for SG.

Canada need only $2.15m to be top 1%