Showster Twincharged June 3, 2020 Share June 3, 2020 1 hour ago, Cheesey74 said: Actually the crux is this "Meanwhile, foreign currency deposits at banks here soared almost four times to a record S$26.97 billion in April from a year ago." I would think after the demise of HK regional financial center status after the new China security law passed, SG will be catapult to be the sole regional/offshore financial center powerhouse in Asia, hence the current positive vibe in our stock market. Yup, foreign currency deposits increased 4X. Deposits from residents outside SG increased 44%. https://www.businesstimes.com.sg/banking-finance/non-resident-deposits-in-singapore-jump-44-to-record-s62b-in-april So you know what to do eh? ↡ Advertisement Link to post Share on other sites More sharing options...
Cheesey74 6th Gear June 3, 2020 Share June 3, 2020 3 minutes ago, Showster said: Yup, foreign currency deposits increased 4X. Deposits from residents outside SG increased 44%. https://www.businesstimes.com.sg/banking-finance/non-resident-deposits-in-singapore-jump-44-to-record-s62b-in-april So you know what to do eh? Haha.. me is small fry investor nia, u must ask our resident whale T2 or sifu Enye for further outlook. Link to post Share on other sites More sharing options...
Jamesc Hypersonic June 3, 2020 Share June 3, 2020 Sell water how to lose money. Water so precious. Link to post Share on other sites More sharing options...
Jamesc Hypersonic June 3, 2020 Share June 3, 2020 Deposits from residents outside SG increased 44%. @Vid bring back his money to Singapore lah. 2 Link to post Share on other sites More sharing options...
Albeniz Turbocharged June 3, 2020 Share June 3, 2020 Anyone buying SGX? Link to post Share on other sites More sharing options...
Throttle2 Supersonic June 3, 2020 Share June 3, 2020 2 hours ago, Wt_know said: STI wan sui !!! someone S Class upgraded to Maybach liao ... No lah only win back S Class. But i lost a HDB not just an S Class.😪 Fighting! Link to post Share on other sites More sharing options...
Throttle2 Supersonic June 3, 2020 Share June 3, 2020 16 hours ago, Dp26 said: Cos I’m a long only investor! Selling is a temptation only. Haha. and no I don’t take market downturn as a reason to sell before it happens, if it happens, but a reason to add on more. Don’t think I’m a good trader so just buy and hold. Forever. Lol I only buy quality stocks(I feel) and broad ETF, funds. Never sell anything without needing the money before. Last time I sold is to downpay for my house. well that’s my investment style for the last ~20yrs ... I see, you never explained before. Each one has a different portfolio and different style stick to your own style is best 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic June 3, 2020 Share June 3, 2020 (edited) DBS ... how deep is your love see you at $25 ... CB is over! Edited June 3, 2020 by Wt_know Link to post Share on other sites More sharing options...
Chongster 6th Gear June 3, 2020 Share June 3, 2020 Dbs sell not?? Link to post Share on other sites More sharing options...
Chongster 6th Gear June 3, 2020 Share June 3, 2020 59 minutes ago, Chongster said: Dbs sell not?? Ok I chicken out. Take money, take dividend, run... 2 Link to post Share on other sites More sharing options...
Enye Hypersonic June 3, 2020 Share June 3, 2020 10 minutes ago, Chongster said: Ok I chicken out. Take money, take dividend, run... wah....must be very huat btw....why chicken out ah? market going down? 😬 Link to post Share on other sites More sharing options...
Chongster 6th Gear June 3, 2020 Share June 3, 2020 15 minutes ago, Enye said: wah....must be very huat btw....why chicken out ah? market going down? 😬 Give in to the fear and not hold out for $25 as I promised myself. 1 Link to post Share on other sites More sharing options...
Hachi 3rd Gear June 3, 2020 Share June 3, 2020 (edited) Bought1x lots CD @ 1.39, placed order for 7 lots @1.38 but did not get it. If not I am a happier man....Playing it while having my zoom online course on Monday.... When should i take profit again.... Edited June 3, 2020 by Hachi Link to post Share on other sites More sharing options...
Jamesc Hypersonic June 3, 2020 Share June 3, 2020 1 hour ago, Chongster said: Ok I chicken out. Take money, take dividend, run... Small profit is always better than a big loss. 4 2 Link to post Share on other sites More sharing options...
Chongster 6th Gear June 3, 2020 Share June 3, 2020 58 minutes ago, Hachi said: Bought1x lots CD @ 1.39, placed order for 7 lots @1.38 but did not get it. If not I am a happier man....Playing it while having my zoom online course on Monday.... When should i take profit again.... yeah, i dont bother queueing already after missing out quite a few trades. now just buy at market if want to buy. Link to post Share on other sites More sharing options...
Wt_know Supersonic June 3, 2020 Share June 3, 2020 (edited) 37 minutes ago, Chongster said: yeah, i dont bother queueing already after missing out quite a few trades. now just buy at market if want to buy. Q for 1c difference? Edited June 3, 2020 by Wt_know Link to post Share on other sites More sharing options...
Throttle2 Supersonic June 3, 2020 Share June 3, 2020 1 hour ago, Hachi said: Bought1x lots CD @ 1.39, placed order for 7 lots @1.38 but did not get it. If not I am a happier man....Playing it while having my zoom online course on Monday.... When should i take profit again.... If you are already willing to buy at $1.39 why not just go all in 8 lots? 1ct difference on 7000 shares is only $70 ! Next time dont make this type of penny wise pound foolish mistake. If you think you want to buy this stock becos of fundamentally good reasons, dont penny pinch. Just hit and then maybe target much lower to hit again. $200 profit? Got take or not also dont make a diff to your life right? Good luck anyway. Huat ah 5 Link to post Share on other sites More sharing options...
Throttle2 Supersonic June 3, 2020 Share June 3, 2020 One thing that we need to be reminded of is that, the current exuberance in the stock market Is not of the true current state of matters becos financial markets trade on a chronological line of expectancy. I hv explained how that works previously and will not repeat again. there is no droplet of doubt that the economy will tailspin into a recession. There is also no doubt that we will see the biggest rate of unemployment since 2000. In other words, we are fundamentally in an economic shithole for the rest of 2020. if things do not start turning around for the better by Q4, we may likely be hit by a massive selldown. Do note that i am not just referring to SG but the world. Be optimistic becos thats what keeps us going, but be very cautious. Chasing the market up is not what a long term investor does. Those who had listen o me and bought on the way down, would have profited as least as much as me. Its not a lot but its still a double digit absolute return. good luck to the bros in the coming weeks. Keep your seat belts on ↡ Advertisement 6 Link to post Share on other sites More sharing options...
Recommended Posts
Related Discussions
Related Discussions
The Perfect Storm of the Stock Market III
The Perfect Storm of the Stock Market III
Josephine Teo: GIC, Temasek won't take more risks
Josephine Teo: GIC, Temasek won't take more risks
Anyone familiar with buying Singapore Government Bonds?
Anyone familiar with buying Singapore Government Bonds?
The Best Cooling Measures: Ice Cream! 😂
The Best Cooling Measures: Ice Cream! 😂
Tesla hits record high in first trading session of 2021
Tesla hits record high in first trading session of 2021
Discussions on Blumont
Discussions on Blumont
STi stock spoiler
STi stock spoiler