hang on, long game is still long time to go.

Even with small amount of cash, I was not sure which one to buy when all so red.

Haha that was a dilemma I had last night!

Anyone topup any ARK funds yesterday?

Eh wanted to but tak sempat

@Ramjade may i know which platform to park money in Life REIT ? this is meant for temporary parking before accumulating 12k for transfer to tsg-ibkr ?

12k accumulate in versa Malaysia first.
Then only convert to SGD and out straight into IB.

Are you on IBKR now or still in TSG?

Tsg. But all my activities are on Ibkr. Once I reach USD200k I will switch over.

ah i see ... Versa. How about parkway life reit ?

Yes you can use IBKR to buy parkway life. No problem.

I don't bother about sg market nowadays. Once money in, I convert to USD and wait. Yes. Earning no interest. But my options are giving me more cash than any dividends or interest I can earn by locking my money up in a stock. Hence I don't bother. My options are earning me basically 0.7-0.85%per week. Yes. You read that right. Per week.

So what if 3% psudo cash stocks. Not interested. Last time yes.
Some more now with market going down, you want to keep cash? I am starting to buy baby. I love it when market is red. The redder it is the better.

This post has been edited by Ramjade: Feb 26 2021, 07:27 PM

anybody own more than one ARK ETFs?
im currently invested in ARKF. thinking to buy ARKK or the upcoming space ETF, ARKX next.

I have arkk and arkw. In the red, but see above ramjade post.

At the same time, I am not bullish on space exploration. What can a normal human being profit from sending a few billionaires to space?

There, I said it. Cathy can bite me later.

eh... you went from etf & reit... now active trading options ar?

I never do etf in th first place. REIT I am keeping. I don't trade options. I am still a buy and hold guy. But why only do buy and hold when you can do options to generate extra money on the stocks you want to hold anyway?

Hence I do both. Options allow me to generate my own dividend so I am not stuck with dividend paying stocks only. Now I can buy non dividend paying stocks and still get paid holding them essentially getting "dividend" from those stocks.

The smartest move for anyone who buy and hold with the current market waves

Still got a lot to learn from you on the options end

My options are just covered calls and covered puts. That's all. I don't do canggih and risky one.

You already convert into margin account?

Nope. You don't need margin to do options. And no options on sg market

On HK yes.

This post has been edited by Ramjade: Feb 28 2021, 12:22 AM

As long as it serves the purposes to make money who cares how sophisticated it is

How do you cover the calls and puts in HKSE?

Is there any particular thing to take notice plus any good online guides you start from?

Are you sure?

https://www.sgx.com/derivatives/products?code=all (Select options for type)

https://www.interactivebrokers.com/en/index...p?f=1562&p=asia (Check Singapore column)

https://www.tradestation-international.com/...8-3e1e7627-35ee (Check SG's column)