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Onward to 2024

1. What is your investment plan and outcome for 2023?
2023 is quite a bullish year for many tech stocks. I started out with swing trading 10% tech, 10% banks and 80% in money markets. Particularly $Fullerton SGD Cash Fund(SG9999005961.MF)$ , $CSOP USD Money Market Fund(SGXZ96797238.MF)$ due to high interest rates, putting in my idle funds is the best plan. I also get to enjoy the special 5.8% guaranteed bonus so why say no to that? Flexible, fast and I get to see the interests daily! Come and earn your daily kopi money too!
5.8% pa promotion until 3rd Jan 2024
5.8% pa promotion until 3rd Jan 2024
Many thanks to Moomoo and all their committed staff who roll out fun promotions and events for us to enjoy.
Onward to 2024
Check out my returns to date!
Thank you Moomoo!
2. Which investment sector gave you the most satisfaction? Do you have a particular fund in mind?
Money market funds that goes without saying! For me, due to limited fund holdings, stocks are mainly swing tradings, unable to hold for long. Hence MMF definitely gave me the most satisfaction.
For those unware, $Fullerton SGD Cash Fund(SG9999005961.MF)$ will be upgraded in Dec 2023. Looking forward to this! Furthermore, join now to grab a 20sgd cash coupon from Moomoo promotion page which can be utilised in Dec! Mai tu liao!
upgraded Cashplus! Join now!
upgraded Cashplus! Join now!
Coupon to be used in Dec 2023
Coupon to be used in Dec 2023
3. What's your outlook for 2024? What is your fund investment plan for 2024?
Can’t really foresee the outlook for 2024. Prices are still high, my marketing, transport and utility expenditures still high, so sad. The worry is the recession which many are talking about. When Feds cut rates, I wonder how the market will react?
To play really safe, cash is king. Ensure you have plenty of buffer cash, so just make use of $Fullerton SGD Cash Fund(SG9999005961.MF)$ and $CSOP USD Money Market Fund(SGXZ96797238.MF)$ to increase your money’s worth while market watching.
4. Are there any specific sectors that you are bullish on?Which fund themes do you think have the most potential for growth?
The sector many are bullish on is the tech and AI. Still considering whether to go long on them because the market is so volatile! Up 1 or 2 days and down like 3-5 days or vice versa.
Most potential is probably the new upgraded Fullerton fund which I mentioned earlier.
Pray that 2023 will continue to flourish and market sentiments still up throughout so that we can all start 2024 happy and wealthy!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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