This has not been a good year for my stock portfolio. This year had been characterized by bear market rallies which whipsawed my stock portfolio (more on that later). It is a year to be remembered for risk management and survival through decisive exits. About 4 months ago in June
This is a money question that constantly bites us. How should we better handle idle money? What are the choices available? If you are not an investor, keep it in bank deposits for safety. If you want higher gain as an investor, taking on higher-risk investments is unavoidable. Unfortunately, that
One of my favourite features about FTX is lending out my crypto holdings for passive income. I use it so often that I even wrote my own software to monitor the lending rates on the FTX platform. I will share it with the public free of charge. This is not
One day before Singapore's National Day celebrations on 8 Aug 2022, Hodlnaut threw a bombshell on their customers. The company was going under. Hundreds of millions(estimated $500m) in customer deposits have been frozen. I have been following Hodlnaut closely since last year after I signed on as their customer.
2 months ago, China and Hong Kong stocks looked like they were making a recovery and I decided to resume purchase of China/HK stocks in June. It was not a profitable experience for the next 3 weeks. The HK/China stock market did not seem to act right. Maybe
I like to chat with retirees, particularly those who used to work in a job where they need to be a bit of a snake oil salesman. It is after they retire that they can be completely honest about their past. A few years ago, a retired stockbroker revealed to
This crypto startup firm, Uprise, lost 99% of its client funds while shorting Luna during its price crash. Luna crashed 99.98% within 1 week from Thursday, 5 May 2022 to the following Thursday, 12 May 2022. Just 1 week ago, Luna's market capitalization was USD28 billion. 1 week later,