thread has been quiet past few days. guess markets are going up

More KWEB meltdown

can you afford basic medical, critical care and car insurance for every year comfortably? if yes then only think about investing

if like that it's not dollar cost 'averaging' anymore. you are supposed to deposit same amount every month.

So is stashaway an institution or retail investor?

KWEB limit up

If I'm not mistaken the healthcare portfolio all investing in pseudoscience and genetics what not. From the get go already rather dodgy.

science with no real world evidence.

that is a very big 'could'. genetic medicine will always be super expensive and only handful of helangs can afford it. not very scaleable.

genomics is always about personalised and highly specific medicine. prices are only going to go up and not down. COVID vaccines are an outlier due to the pandemic. on a regular day nobody will buy mRNA stuff at such a global scale.

your example of cancer therapy is a good example. more and more targeted therapies are being discovered but the prices only keep flying up.

when your portfolio is 40% of these companies it's a huge gamble. high risk high reward lor i guess if they can somehow scale their products

most cancer biologics are still in patent for more than 5 years. even then when generic companies do biosimilars it won't be cheap. it's a different ball game compared to traditional medicine design. it's not like paracetamol where you can replicate the original panadol and change the colour or shape or an additive then you can call it a generic. biologics are much more complicated.

lol

https://www.medicinenet.com/biologics_biolo...s_for_biologics

suggest you to read more on drug design, drug delivery, pharmacoecnomics and critical appraisal of evidence if it's your cup of tea to brush up on your basics.

to me all these gene therapy are just pseudoscience but if you believe it like how some people have faith in homeopathy and ivermectin to cure COVID that's your choice.

since when did i say it was fake? pseudoscience and fake are two different matters. in fact pseudoscience is highly profitable. because it promises the world to consumers. you might have received an ad for saliva testing to map your genome with so many celebrity endorsement? is the evidence strong? not really. but they seem to able to cash in or just have a big whale investor.

just look at all the nonsense products that came out during covid like the chlorine tag and many people still buy it.

biologics is a broad term. cancer biologics just means biologic products related to cancer like monoclonal antibody treatments. even then they don't affect the gene much.

have you covered yourself with medical insurance yet?

KWEB is like crypto nowadays. up down 4-5% every other day

Monthly DCA. Trust the process

KWEB is carrying the entire portfolio now

that's not DCA anymore it's VCA

Did Uncle Freddy predict the market sell off when he sent us an email earlier yesterday to calm our tits

copy paste from email


Hi zstan

You might have logged in recently and seen a spike in your investments.

The reality is that in the short term, investing can certainly feel like a bumpy ride, because the markets react in unpredictable ways to company-specific news, geopolitical events, and more. These reactions lead to market ups and downs that we know are inevitable, yet these short term swings can still distract us from our long-term investment plan.

I’m here to emphasise that these substantial ups and downs are exactly why it’s crucial that you keep your emotions out of investing and stick to your plan.

When you log in and see your investments doing well, this doesn’t mean you can abandon your monthly investment plan and put more money in! You’ll be buying high, and then you’ll see inflated losses later on.

And, when you log in and see your investment not doing as well as you'd like, you shouldn't turn off your monthly investment plan just because you fear that you’re losing too much money. It’s in times such as these that it’s cheap to buy.

Not convinced that you shouldn't react to short-term volatility? Check out the S&P500's performance from Bloomberg over a 6-month period:
StashAway

Ok, now let’s zoom out to the S&P 500's performance over a 15 year period, where that 6-month performance is circled below:
StashAway

The lesson here is that the markets average upwards in the long term, and so you need to stick to your investment plan to catch that wave. In other words, don’t make emotional decisions.

So, whenever you experience a sudden increase or sudden decrease in returns, remember to think about the big picture, and don’t get too excited, or too upset.

If you have any questions about your investment strategy and deposit plan, you can always reach out to our client engagement team, and they’ll be happy to walk you through the best way to set up your investments.

Yours in investing,
Freddy
Co-founder and CIO

Received the email at 7.52 pm then KWEB meltdown 6% this morning LOL