Investing: Do Not Listen To Hot Tips

One should only invest in what s/he knows about.

Do not listen to hot tips, or me.

Everybody wants hot tips.

Those would bankrupt you, ruin you.

The way to be successful as an investor is to do nothing until you yourself know it is going to work and is backed by your own research.

Do Not Doubt Yourself

"I remember when I first started trading in 83 with a few grand saved and not a clue what I was doing. I don't know how, but I never doubted I would be successful. And you shouldn't doubt yourself. Why? Because every person can do much more than they think they can. My guarantee."

-- Mark Minervini, Momentum stocks trader profiled in Market Wizards Series

Vaccination Will Take A While

People think that the vaccine is going to calm things down and make economies restore themselves. It may well happen but it's certainly going to take a while. It's going to take a long time for people to get the vaccine.

I live in Singapore, a country with five and a half million people and it's going to be at least two quarters, maybe three before everybody gets it here and we're a small place. So, it's going to take a while.

Setting Goals

"If you limit your goals to what you know you can achieve, you are setting the bar way too low. Remember that great expectations create great capabilities."

-- Ray Dalio, hedge fund manager

Latest Market Commentary: January 20th 2021

 Currencies /Forex: Euro can't be a reserve currency for the world instead of the US dollar. Chinese renminbi could be one in the future

Stock Market: This bubble is not complete yet. When it becomes a full bubble, it will pop and a lot of people will lose lot of money

Cryptocurrencies: Never bought any cryptocurrency; many cryptocurrencies have disappeared and gone to zero in value. If government outlaws crypto, no one is going to use it

India: I wish India opens up more because if you open up more, India will be a much greater market in the future.