General market down more than 10% this year.
Parking money in fixed deposits (US CDs now yield > 4%) is safer than stocks now. 

We have moved from TINA but stocks to TARA.

On today trending I see Bank of Japan did something and I see many people are acting like this is the end of the world? Can someone explain what happened to me bcs I don't really understand what's going on?

What goes up must come down.

Just did a quick consolidated net worth calculation across my portfolio.

Im down 43% for this year, compared to dec 2021 close. Most of my holdings are tech and growth so not surprising there.

Hope 2023 will be better.

its actually not that bad from what it sounds. I basically ride it up and ride it down cause im counting on an overall networth pov.

My capital is still intact but many of the paper gain has evaporated.

Fuyoh... CL.....

And how are we today.
Miss me? Maybe a little tiny bit?


This game better learn to know where the sell button is.

Play Bursa stocks good enough la. If Bursa cannot make money, there is no guarantee one will make money in other markets.

Lastly... why need to wait till new year to reflect on how one is doing? Shouldn't one be going this more regularly? Reviews is needed more regularly.
Woi.. where is my tipsy?

Yes i am. Lets see what the future holds
Not sure yet. Keep on learning each cycle. The market is truly interesting.

Last round i sold too early and miss out on life changing returns while this round i kept my position through it all, so testing see which theory have better long term result.

Will add those into my “rules” once my investment has run their due course.

You know, I think the bulls are too eager for a rate cut.. we haven't even gone a month where the Fed would at least hold it steady while we wait for better data. 

Last month we got 50bps, heck at least wait for Fed will slow it down to 25bps first..

Maybe Fed should spike another 50bps to make the Bulls puke out more when it sees another couple of points ticked up in inflation due to high demand of goods/services again in December. 

Your wish might come true.

Sometimes I feel farking funny that low unemployment is a bad news and for the market. The world is crazy. 

Well,  unfortunately, I think cheap money has disappeared for now since Fed raised rates last year from 0.25% to 4.25% now.  Market better focus on earnings for this year.

Fed is focused on employment rate now and the employment rate is still very good in US (back to pre-pandemic) despite some major layoffs from tech giants like Tesla, Twitter, Facebook(meta) and now Amazon.  But, that's just Tech. Everywhere else, demands still quite good, F&B, real-estates, healthcare, manufacturing, etc
There are almost 2 jobs available for every qualified candidates.  The employers aren't bidding up the wages anymore but wages are still very attractive.  Most US tech workers can live like King if they get similar pay in Malaysia.

I think US Fed will likely continue to hike till around 5%~5.25% (just 2 more 50bps) or the CPI gets below 6%. Maybe there will be cross-over between the Fed fund rates and CPI. This will be interesting to watch. 

Lets get on the feds side and position ourselves accordingly.

Or position yourself in sectors that benefit from this policy.

As for 25bsp, i think the terminal rate is important and i think they will loosen the grip abit to try for the best scenario which is a soft landing while keep inflation in check.

As for the debt ceiling, yeah planning to prepare some money to enter.  The last round during the 2011 crisis i think S&P lost around 15%, which is quite a good discount considering everything in hindsight.

I always dca monthly.

So not too worried.

👀🍿🍷

Keep on rally like this, Powell will come with a cane. 

Wow what happened to US markets. So many stocks halted trading...

Extreme movements... Visa shot up. Mastercard and Nike plunged... TSMC, Unilever and Novo Nordisk ADR also halted...

Erratic movements. Must be the quant traders and algos good work...

EDIT: Stocks released from halt. Back to normal pricing.

https://www.cnbc.com/2023/01/24/many-new-yo...ical-issue.html

The USD exchange rate has been crazy recently, unfortunately my average cost to exchange USD is relatively high as I only entered in recent years. I only buy index fund but yikes it is still painful to look at. The market need to have outstanding performance to compensate the loss from foreign exchange, then it will only generate a meaningful return.

Anyone mind sharing your experience on the impact of foreign exchange rate on your portfolio?

congrats and well done. So far all my shares I'm holding never experience any of this crazy gap up.

is the rising oil prices a cause of concern where inflation will remain high?

Hoping for a higher than 6.5 CPI reading, so that we can get more cheap shares... 😈

It's finally pulling back..I guess no bulls want to park their money over the long weekend.

General market now pulling back down since the last CPI announcement. It's been quite resilient sucking all the FOMO money in.
But, I don't think it's enough yet.

Need to see another 5~10% down till next month numbers before the FOMC meeting again.

I want to see if Fed will still go with 25bps or perhaps even... 50bps to shock 'em.