Pointers: Market down hard globally 2 days in a row - 3% drop, some 5-7%. Globally still sideways down. Down to 8.5K 1) Bitcoin at 9.2K, position trimmed to 5K 2) S&P: 3K, Dow 28K, 3) Monitor XEBEF, tanked to 2.85 then to 2.61 (20% down). Lexagene sold then enter XEBEF but at 3.01. Lexagene tanked 2% but XEBEF tanked 18%. Sold All xebef Actions: Start selling to get back up to 10K. Hold cash for next play. Speculative SPCE and Tesla? 1) Calls MSFT - sold 2 left Apple - sold - 1 left Square - earnings 2/27 - hold AMAT - sold 2/3 left 1 TTD - 1 left FB - 1 left DNH - 1 left ADOBE - sold 1 left BLK - sold CRM - cleared AMD - sold GLD - hold 2) Puts Hopes: 1) All call runs. Keep an eye on Tesla, SPCE and Plug power. Perfect for day trades Learnings: 1) Timing : Always balance your portfolio. First time all calls positioned no defense or put
MAN, I cant be happier than today honestly. Last week was painstaking, hard to pass every single minute looking back : 4/2/10 : After interview, felt so stupid, gone case already, spend the night with mom watching a dance movie, slept at 4am after another 2 movies. 5/2/10: Friday, kept wandering around, not listening in lecture, was advertising for International Night Sales, but failed to comply and ended up sharing miseries with Damitha, another sleepless night, a record sales again for my fund raising idea 6/2/10: Had to do something, learned guitar, went for my morning jog, was one of my best jog in ages, had fresh fruit yogurt, shower, went to temple with mom, lunch with mom, went for dinner with yheu shen and the other penangites, stayed at Sien with the rest till late ! 7/2/10: Still stressing over BP, went dancing with mum, went to uni for a short while to do work, headed home and read the Kite Runner the whole night. 8/2/10: 9-12pm, starred at my phone, hoping for a call. Jolte...
There are multiple ways of investment and managing your fund. I am no fund expert nor am I trained on any certified level. The levers I know are as following: 1) Real estate - rental income 2) Stocks & ETFs - company, industry dependent 3) Bitcoin - future potential of a decentralized currency To dive deeper - Real estate You don't have real rental income until you actually own one, and rent one out. Essentially, you need to have 2 properties to start this. Staying in one then selling it for another better place is not passive income. In prime location and prime cities, it is no longer easy to find rents that will match, let alone exceed your mortgage payments. That said, unless you have a high downpayment (20-30%), paying some to top off your rental income is highly possible. Stocks & ETFs Fortunately and unfortunately, this is the most volatile time but also the most exciting time. There is a lot to gain, and also a lot to lose. I've lost the most he...
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