However, they say give a gal ЁЯРЯ , & she will eat one day; teach a gal to ЁЯРЯ & she'll eat every day.
So partly to quell my anxiety but mostly to help the avg. hardworking person learn how to invest, I started blogging about investing.
Looking Back to Look Forward: ЁЯз╡
Like many, in March 2020 I started feeling very concerned about so many people losing their jobs , not having enough saved to cover basic needs like rent & food for even a month or 2.
And like many wonderful UAE residents, I too did my
However, they say give a gal ЁЯРЯ , & she will eat one day; teach a gal to ЁЯРЯ & she'll eat every day.
So partly to quell my anxiety but mostly to help the avg. hardworking person learn how to invest, I started blogging about investing.
Lesson 1: Why should you invest?
Well, if weтАЩve learned anything from this pandemic, itтАЩs the importance of saving for uncertainties.
ЁЯСА @ 2 charts below H/T @SamRo
Bottom 50% hold 55% in Real Estate, only 6% ЁЯТ╡ & 4% in Equity.
So, the top 1% have liquid assets that have ЁЯСНЁЯП╜ compounding effect to grow ЁЯТ░.
I explain more here:
https://t.co/1nmsgNd2uv
Yes, you want that fancy car, fancy address or clothes, shoes, bags for that extra Instagram shoot. Certainly have fun but remember less is more.
HereтАЩs how I saved 32% of my income in my mid-twenties AFTER taxes.
https://t.co/Mac0XBlpt9
Now that youтАЩre a master & budgeting & saving, here are basic fundamentals of investing.
Time In The Market
Dollar Cost Averaging (Buy Low, Sell High)
Read this to learn more:
https://t.co/BECWNWMU9D
If youтАЩre new to investing in the stock market, index funds (naturally diversified) funds are a good way to start until you get the hang of things.
https://t.co/oRxIrR7fLT
But how do you know which to pick?
You must learn to read the financial statements & mgmt reports.
5a:
https://t.co/fOn9ZCDCXO
Can we do that looking at the stock table or chart from yahoo finance website?
https://t.co/vcIAu7uIyG
I compared sports stocks like Nike, Lululemon, FitBit, Adidas etc in this blog.
https://t.co/41CrfqPIdE
https://t.co/bOK7omQClh
IтАЩve compared 9 brokerage platforms in this blog so you can choose one that meets your needs.
https://t.co/yaqCLmurk0
In this blog I show why holding is better than frequent trading.
https://t.co/ksGrlP8dC8
https://t.co/o03MoFLZSf
https://t.co/OlBT9HfLkt
https://t.co/UfHDfbxnn0
But the value investor in me hesitates to buy now.
https://t.co/zf8ylwikEz
More from Economy
I really think people have a very short-sighted view of the city and its key role in decades to come for the economy of ЁЯЗиЁЯЗ│. Every so often, people have a handful of misconceptions about the city's future because they lack of basics in strategy ЁЯСЗ
https://t.co/6wuRzXGkYZ The West propaganda seems to make people think we are cracking down on ЁЯЗнЁЯЗ░ people because we no longer need them and we will inevitably suppress their rights. Every now and then, I talk with people in ЁЯЗнЁЯЗ░ who think the Great Firewall will extend to ЁЯЗнЁЯЗ░
ЁЯЗ║ЁЯЗ╕-led liberal order is very strong to come across ЁЯЗнЁЯЗ░ people and make them believe what they want. Brainwashed people don't think rationally and fall for the lies and propaganda. This guy is one among so many others I met in ЁЯЗнЁЯЗ░ who told me the same thing, that the city is doomed
They couldn't be more ignorant ! Unfortunately they will end up leaving the city and missing out on incredible opportunities... But they don't know that nothing will eventually change after 2047 ? ЁЯЩГLet me explain you why
I bet even after 2047 ЁЯЗнЁЯЗ░ will still enjoy a high degree of autonomy and freedoms that its mainland counterpart canтАЩt enjoy : an independent legal and financial system, English as one of the official language, an access to the West internet, its traditional medias, etc.
Most Western countries are already starting to reconsider whether Hong Kong will remain a viable trading centre.
— Isaac Cheung | \U0001f1ed\U0001f1f0 | (@SoAlive0513) February 15, 2021
When the entire world stops trading with HK, how will HK be the financial center of the world?
I doubt tourism would be any better in the next few years either lol
https://t.co/6wuRzXGkYZ The West propaganda seems to make people think we are cracking down on ЁЯЗнЁЯЗ░ people because we no longer need them and we will inevitably suppress their rights. Every now and then, I talk with people in ЁЯЗнЁЯЗ░ who think the Great Firewall will extend to ЁЯЗнЁЯЗ░
ЁЯЗ║ЁЯЗ╕-led liberal order is very strong to come across ЁЯЗнЁЯЗ░ people and make them believe what they want. Brainwashed people don't think rationally and fall for the lies and propaganda. This guy is one among so many others I met in ЁЯЗнЁЯЗ░ who told me the same thing, that the city is doomed
They couldn't be more ignorant ! Unfortunately they will end up leaving the city and missing out on incredible opportunities... But they don't know that nothing will eventually change after 2047 ? ЁЯЩГLet me explain you why
I bet even after 2047 ЁЯЗнЁЯЗ░ will still enjoy a high degree of autonomy and freedoms that its mainland counterpart canтАЩt enjoy : an independent legal and financial system, English as one of the official language, an access to the West internet, its traditional medias, etc.
You May Also Like
There are many strategies in market ЁЯУЙand it's possible to get monthly 4% return consistently if you master ЁЯТкin one strategy .
One of those strategies which I like is Iron FlyтЬИя╕П
Few important points on Iron fly stategy
This is fixed lossЁЯФ┤ defined stategy ,so you are aware of your losses . You know your risk тЪая╕Пand breakeven points to exit the positions.
Risk is defined , so at psychologicalЁЯза level you are at peaceЁЯЩЛтАНтЩАя╕П
How to implement
1. Should be done on Tuesday or Wednesday for next week expiry after 1-2 pm
2. Take view of the market ,looking at daily chart
3. Then do weekly iron fly.
4. No need to hold this till expiry day .
5.Exit it one day before expiry or when you see more than 2% within the week.
5. High vix is preferred for iron fly
6. Can be executed with less capital of 3-5 lakhs .
https://t.co/MYDgWkjYo8 have R:2R so over all it should be good.
8. If you are able to get 6% return monthly ,it means close to 100% return on your capital per annum.
One of those strategies which I like is Iron FlyтЬИя╕П
Few important points on Iron fly stategy
This is fixed lossЁЯФ┤ defined stategy ,so you are aware of your losses . You know your risk тЪая╕Пand breakeven points to exit the positions.
Risk is defined , so at psychologicalЁЯза level you are at peaceЁЯЩЛтАНтЩАя╕П
How to implement
1. Should be done on Tuesday or Wednesday for next week expiry after 1-2 pm
2. Take view of the market ,looking at daily chart
3. Then do weekly iron fly.
4. No need to hold this till expiry day .
5.Exit it one day before expiry or when you see more than 2% within the week.
5. High vix is preferred for iron fly
6. Can be executed with less capital of 3-5 lakhs .
https://t.co/MYDgWkjYo8 have R:2R so over all it should be good.
8. If you are able to get 6% return monthly ,it means close to 100% return on your capital per annum.
I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
As someone\u2019s who\u2019s read the book, this review strikes me as tremendously unfair. It mostly faults Adler for not writing the book the reviewer wishes he had! https://t.co/pqpt5Ziivj
— Teresa M. Bejan (@tmbejan) January 12, 2021
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
