For 2023 in reviewing my investments. The Fullerton SGD money market funds provide stable interest income. I invested in the fractional US stock s in tech, oil and defence sector. In hindsight should not have invested in the defence stock. They are performing as I anticipated. I have invested in one fixed income fund which I divested before the FOMC rate decision. The fund has gone up since then. Going forward in 2024 we will go in for the bond & equity funds since the Fed has indicated 3 rates in 2024
I am bullish on Netflix (NASDAG. NFLX) after increase in 3rd qtr earnings due to crackdown on share passwords and increase in Premier accounts nudge subscriber to their less expensive ad-supported tier account and resulted in a gain of 8.8 million subscribers.
investors are now being selective. They are spook by the increase in spending into AI infrastracture by the hyperscalers. Only Microsoft is the better of the lot.
$NVIDIA(NVDA)$ The Biden chip curb has created uncertainty for NVIDIA. Inspite of price fall last Friday due to the NFP report. I will wait for price to fall to $ 1.22 near the 30DMA as price has rebounded from this level.