Boon Tee's wisdom make complete sense to me. Imo, the risk of staying uninvested outweighs the risk of a recession. People missed out on the bull market because too expensive, then miss out on the bear market cause too scared. In the end, out of market forever. Warren Buffett says "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price".

Guys, u might want to do a reaction video on the new CPF changes "The Enhanced Retirement Sum (ERS) will also be increased from three times the Basic Retirement Sum, to four times. "This means that the ERS next year will be S$426,000 and this will allow more members aged 55 and above to fully commit their accumulated CPF savings to receive higher payouts, should they wish to do so," Wong said. The CPF system will also be rationalised. From 2025, the CPF Special Account (SA) will be closed for those aged 55 and above. Currently, CPF members aged 55 and above have an SA and a retirement account (RA). The SA savings will be transferred to the RA up to the full Full Retirement Sum, and the remaining savings will be transferred to the Ordinary Account (OA)."

May i chk what is the analysis tool which Boon Tee is using? Thxs.

BABA also slump but keep getting bad news and keep getting shorted down. Hovering between $65 to $78 dollars going up and down again. I think very hard to predict a single stock to go up or down in one direction for a short term period.

Quote from Charlie Munger: Over the long term, it's hard for a stock to earn a much better return than the business which underlies it earns. If the business earns six percent on capital over forty years and you hold it for that forty years, you're not going to make much different than a six percent return - even if you originally buy it at a huge discount. Conversely, if a business earns eighteen percent on capital over twenty or thirty years, even if you pay an expensive looking price, you'll end up with one hell of a result." So don’t wait at the side line because the market/stock is overprice. (exception is if its massively overprice like 50% over). And remember the market can be overprice and still continue to go up for many years! The best solution is to just do boring DCA as soon as your salary comes every month.

HSI is low but is not predictable as US market.

I tink just DCA by weekly and if there is a dip can increase the DCA amount. If major dip, then keep increasing DCA amount. Make sure to invest in company which has MOAT and high free cash flow.

Thanks Boon Tee for sharing his thoughts. Most of the time, it helps open up my mind and way of investing. Kelvin need to do better. Almost all the answers from your question provide nothing.

Continue to DCA, though market at all time high, it is backed by growing earning power. If it drop more, then just continue to DCA again. I just wonder why TSLA and BABA not taking off yet. 😂

Adam Khoo is laughing at all of you because he is richer then you all. Chicken genius is laughing because he is luckier than you all. Master leong is laughing at you all because he is more knowledgeable than you all. All of you badholder pod are investing newbies haha😂

@stevenyip2631

5 ай бұрын

But they are laughing at you leh....😂