July has been great with lots of coffee time!
Patience is truly a virtue. My experience with stocks is really to be patient and no FOMO or panic sell.
July is indeed a great month! My best performing stock is an ETF $Lion-OCBC Sec HSTECH S(HST.SG$
Together with several of other mooers, I have waited for China market to improve and shine like the US tech markets. I was advised to be level headed and not panic when it dropped like crazy back in June.
Not to mention my favourite $Fullerton SGD Cash Fund(SG9999005961.SG$ and $CSOP USD Money Market Fund(SGXZ96797238.SG$ which both gave me daily good returns.
My P&L improved from -1.25% in May to +1.62%, which to me is a great blessing.
Mitigate risks by taking in profits when deemed fit. Do not be too greedy. Do dollar cost averaging (DCA) when stock prices dip.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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VF69 : Hi, I am thinking of investing in this fund and would like to know if the gains from it is taxable?
sociable Dingo_8604OP VF69: This I am not sure
102760057 : not taxable
VF69 : Thanks.
Pika Xin : wow how much have u invested in each of the funds?
RandomRando VF69: Can’t be answered without knowing what country you’re from and your country’s tax laws.
Intelligent stock : How to invest? When can I take it out
Stock Watch :
VF69 : @102099166, Singapore. I am asking because I bought Citibank previously from another brokerage and the dividends were taxed this making it less attractive as a dividend play.
RandomRando VF69: No tax on dividends or capital gain in Singapore. I think what you bought previously was based in the US and had tax withheld at the US end.
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