Last week was an important week for investors. Federal Open Market Committee hiked the fed market rate by another 75 bps. U.S. Bureau of Economic Analysis (BEA) released the USA’s GDP estimate of -0.9% for Q2 2022, making it two consecutive quarters of GDP decline. Top companies in S&P 500 reported their results. As I…
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In my previous post (“The Hedgehog Portfolio Hits S$200k”), I celebrated hitting this small milestone on my second investment portfolio. More importantly, I shared that the hardest thing about investing is starting. After speaking to many young working adults, one of my latest observation is that they are too focused on working for money. Apart…
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1. You Care Less about the Stock Market, You Care More about the Fundamentals It is hard for anyone of us to predict the stock market direction. Two days, USA President Donald Trump raised tariffs once again. The market got spooked and stocks fell across the board. A day later, the stocks recovered. But what…
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UPDATE: The winner is Ariel Chew! Congratulations! I will email you privately and mail the book to your house! 🙂
Still feeling a bit weak today, I rested up with this fascinating book called “FED UP”. Filled with descriptive words, my mind flowed along nicely with the chapters. It talked about the Fed system, the hawks and doves, and how different ideologies played out. I am happy to finish this book! My 2nd book of…
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A recent title ‘The Extraordinary Size of Amazon in One Chart‘, Jeff Desjardins outlaid the death of traditional brick and mortar retail shops by showing excellent examples of Sears and JCPenny. Obviously, Amazon is one of the biggest beneficiaries as the largest eCommerce player in America. What motivated Jeff Bezos and what is his business philosophy?…
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