I watched Netflix – Money Explained last night. The first episode is about scam – ponzi, pyramid, get rich program and pump-and-dump. Traders are too familiar with pump-and-dump. Scammers rumor a stock that will go multi-bagger, get everyone buy into it, they exit and letting investors holding the baby. Scammer is a strong word. It […]
A business associate told me that the average chipset price has gone up 800% and the lead time is between 54 – 72 weeks. By now, most knows the world is short of chipset. Are we too late to invest in semiconductor? My short answer, yes! If we recall sometime in April 2020, the world […]
The parallel of Bitcoin, Dogecoin and Elon Musk. For the past week, my focus is on 2 sets of numbers, covid cases in community and crypto.
The crypto sector has been weak for a couple of weeks, imploded mid-week and rebounded strongly day after. It seemed worst is over.
I have no positions in BTC. I care because companies who have BTC in their balance sheets are supposed to hedge against risk; and yet it became the risk ironically.
From time to time, members from Singapore telegram or forum drop this question, what to do with $1m or $xxxk cash? I am guessing the person has a windfall. If the sum is accumulated through other means, the question will be different. Assuming $1m windfall, this is what I do, 10% for missionary and […]