Time of uncertainty is best time to buy but I buy when market is red, never when it's green.

I am always ready to buy when it's super red. Not normal red.

Net yet. Still too expensive for me. I sold a put expiring this week for 165. Let's see if it reached.

This post has been edited by Ramjade: Aug 9 2022, 12:01 PM

simple support and resistance and when you see people panicking like should I sell now and buy in later? You can gauge the market when it's all doom and gloom. One very effective way, when you buy it hurts you. I usually wait for like 15-20% discount before start buying small amount.And I keep buying the dip as long as I have cash.

That's why I do options so I always have cash every week coming in regardless of how market is performing. In addition to options I am taking on a separate part time job to let the keep coming in.


Let china do. I have faith in US tech and companies. China are just copy cats and their copy cats are not superior to US tech.

if future is bright why not? I am waiting for tesla to come in at 6xx ish then I will start collecting again.
only if you are a trader and you think future is dark then don't buy
many of my buys were done when it's selling off. I have some up double digit just because I bought them few months back when everything is selling down. Money is make in a down market and when one is brave and willing to buy when everyone is selling. The lower you can buy, the higher the safety of margin you can get.

Keep in mind they are not small caps or penny stocks. They are stocks like Adobe, Microsoft, BlackRock, amd.

I can and will buy again if market drop to May-June lows.

This post has been edited by Ramjade: Aug 10 2022, 11:42 AM

I trust him. If someone can sleep on the factory floor to keep his company alive, he is someone good.

I don't sell unless fundamentals change. Some stuff I keep for donkey years already.

Kind of yeah. With options bringing in extra 1-2x amount of monthly salary per month it's like working extra jobs but all online and only need I put once a week. I couldn't keep buying when I was a dividend investor but now I can. Thanks to options.

Nothing to be sorry about. Market just relieve that inflation is not "so high". Let's see when the relieve will disappear. For now I am taking a breather and not buying anything. Time to build back my cash pile.

For me I only do 15 stocks. No time for 30 stocks.

Down 1% what's that. That's not significant. I am only in 10% or more discount.

Depends how you look at it. If it's going to be a 3T company by 10 years time still undervalue as one of our friends here.

If you think it's not going anywhere and competition going to eat it's lunch then yes.

This post has been edited by Ramjade: Aug 16 2022, 10:36 AM

You want to waste money by buying companies like SPH (used to be in STI), Sinktel by buying the STI?
For US part intel, Boeing, IBM, ford, GM. By buying index you are supporting those companies and hence indirectly wasting money on lousy quality companies.
That's why I just pick few stuff from the etf and buy that and so t waste time and money on rubbish companies.

This post has been edited by Ramjade: Aug 18 2022, 12:47 PM

TD, webull, Gotrade all zero fees.

I don't know how the exchange rate. But I know ibkr is spot rate and maybe TD is the cheapest compare to the rest.

I will rather go QQQ rather than SPY.

Head and shoulders pattern. Likely going down. But who knows.

Not yet. Let it fall first.

Jackson hole meeting.

I give you a tip. Sell put when market is red and sell calls when market is green.

Edit. It was so green yesterday.

This post has been edited by Ramjade: Aug 24 2022, 02:30 PM

Who asked you to use rakuten? Use stuff like ibkr or TD. USD0.35/transaction or free commission. Sendiri want to give free money to Rakuten for what?
First mistake is use local brokerage. Never use local brokerage for overseas investment. You are just giving them free money.

Who ask you to do dividend investing in US? Learn to do options. It's tax free. You want to do dividend investing, focus on HK, SG, UK and Canada. Canada is only 15% tax.

I earned ringgit and move all my monthly salary overseas once I reach rm10k. Been doing that for years already. I am sad I earned ringgit but I put my ringgit to work as soon as I received it. By making it work, I am generating free USD every week.

This post has been edited by Ramjade: Aug 25 2022, 02:30 PM

Keep your Malaysian stocks on rakuten and your overseas stock on ibkr.
If you want to do dividend investing use ibkr.
If you want to hold pure us stocks only, use ibkr or td.

Do not use local brokerage unless you like/don't mind giving free money to your brokerage.

That's the only way.

Remember I am earning RM too but I am making my RM earn tax free USD. If something is not in your favour, do something to make it in your favour (transfer RM regularly overseas to invest). Don't sit and moan that you are earning pathetic ringgit. Do something about it.

If I am earning pathetic RM, that's means work more. Earn more. Work part time. Whatever you need to do put in the time. Grind to make up for it. Don't hold ringgit. Once you get your ringgit, don't hold on to it, faster convert it.

This post has been edited by Ramjade: Aug 25 2022, 02:52 PM

Yes. Transfer RM to SGD.
RM -> Sunway money -> SGD into CIMB SG -> SGD into interactive broker SG bank acocunt -> convert into USD at spot rate (real time rates without any markup unlike banks) inside interactive broker.

Never ever use local banks to transfer money unless as mentioned before this you like giving free money to banks. Sotong bank advertise fee free transfer but it's a scam as yes it's fee free but they hike up the exchange rate hence you get less SGD per RM.

This post has been edited by Ramjade: Aug 25 2022, 03:57 PM