It is without doubt China's market has potential to rally in near future (Q1) given a series of both international movements and domestic economic stimulus released in recent weeks. Furthermore, there is room for more targeted economic moves if needed. Optimistic on China's Market and progressively increasing investments where good opportunities arise. 😁
It should comes as no surprise given Apple underestimated the impact of 'moving manufacturing of Apple devices out of China', rendering their devices as 'foreign' products that no longer contributes to China's growth. 😁
Though not Gen Z, I have been pioneer in adoptions (eg BYO shopping bag in 2001/2, iPad Gen 1 in budget airline, ApplePay via Watch) & hence influential to pple around me. Cashless payments during EU & CN trips have reduced travel risks, improved instant awareness of spends (compared to CC only when monthly bill comes), no more round-up payments, various rewards for early adopters of e-wallets & digitisation. In summary, spending has become more efficient due to ease of price comparisons, subsidied spends for non-urgent procurements & household lifecycle replacements. Over the last decade if not longer, the above changes have enabled me to have more control over finances and in turn created more spare funds and time to invest. Hope Singapore can clean up and optimise the cu
Hmmm…🤔 Guess neither P nor J, or more towards flexing between both. P when market circumstances change & trigger criterias derived from J analysis based. 🤣
How I wish Tiger Broker can offer investment service for SRS. Currently those brokerages who do, are not having the same level of service as Tiger Broker, hence a tad hindering investment of SRS fund individuals have. Perhaps an opportunity for Tiger Broker to expand into, for Singapore market. 😉
$SINGAPORE AIRLINES LTD(C6L.SI)$ The sudden share price surge in 2024 has been unsustainable when financial report is released hence sudden dip to return it to realistic price point. Despite volatility ahead, IMHO, SIA should have room to further improve on granular levels and compete with competitors and as such, $6.00 is likelihood too undervalued to bottom out at[Smile]
2023 has been a year of constant assessments, testing one's strategies and emotional controls. It has been a great journey where strategies and knowledge have been proven and new lessons learned on emotional controls such as having confidence to execute instead of letting fear or greed interfere on making strategic moves. I have been fortunate to experience a year-to-date rate of return at approximately 10% while annualised rate of return to be above 6%. 2024 will be an extension to assess some of the strategic moves which are expected for longer term to bear fruits.