I use Maybank too but fees don't really matter to me because im not trading stocks. Im focused on the buy and hold strategy. Stock trading is far too risky and prone to the gambling cancer.

Sorry what do u mean by withholding tax? I thought we are not subjext to any tax

So if dividend is 100usd we will be taxed at 30usd?😭

I guess not a big impact since we arent taxed on capital gains of the stock and only taxed on the dividends.

but cybermaster keeps talking about correction, correction, then by how much? 10% only?

not sure when that will happen.
No war, trade deal sign.... so it's a peaceful world.
weakening USD = stock up your US dollars.

there's only USD, GBP, EUR, JPY, SGD and MYR.
since the fate of GBP and USD are uncertain, I guess we can only rely on USD or SGD.

Any idea whats a share 'reverse split'? Why do companies do it?

US stocks rallies easily on every slightest news, they have PPT in place since last Sept 2019

edit for clarity

so the advice is, we should keep 60% in cash for now?

but warren buffett advises against buying gold....
you've 10% in gold?

I only have the theory for bonds, don't have any practical experience yet. Will have to study more.

Invest in gold is no different from buying BTC.

IAU has lower TER.

S&P500 and Nasdaq100 at record high again.....

In the end of the day as long as Central bankers keep rescuing markets and if investors have holding power then this can continue for a bit

Hey guys,

It's finally here tonight.. .very good price for PUTs because the big boys are spiking the premiums because of fear.

Both SPY, DIA gone down below the 50ma but QQQ still hanging on.

Time to get some moolah!   One block at time...  

My memory is rusty but I'll try to answer. Firstly, I'm not sure whether you meant sell or buy naked put. Because a bearish person will buy puts not sell puts. A bullish person will sell puts not buy puts.

When you write a put, you are selling the right (not obligation) to sell the underlying asset at a price. This 'right' expires on a certain date.

American options means it can be exercised before and on the expiration date. European options means it can only be exercised on the expiration date.

Let's say stock A price is $100 today. You speculate that the share is undervalued and will rise. So you write a put with strike price $100 thinking the share price will rise above $100 by the expiration date and collect a $5 premium.

If the price falls below $100 say $70 and the buyer of your put option exercises it, they sell the share to you at $100. Technically, you don't want this stupid share that you bought at $100 when the market value is only $70. So, your loss is $100-$70=$30. However, you gain the $5 premium earlier. Hence, net loss is $25 ($30-$5).

Your max gain if the option expires worthless is +$5.
Your max loss is -$95 ($100-$5). Assuming the share falls to $0 but it's unlikely.

Tldr; it's a gamble.

I believe there are several ways to protect yourself while shorting the market. One is called bear spread strategy.

The good part about this is if it drops BELOW that strike price by expiration, you get to own at the price you willing to buy (plus premium) AND you cap your loss with the lower strike PUT price. The trade off is the credit that you receive will be reduced.

is there anything that is green now?

why even US short term treasury ETF is also red?