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102439493 Male ID: 102439493
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    $NIO Inc(NIO.US)$ Everyone, does Weilai still have a future?
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    To combat inflation, one should never leave the money idling in the bank earning close to zero interest rates. We should always invest in instruments that generate interest/returns above the rate of inflation. A good option would be to invest in Real Estate Investment Trusts (REITs). REITs have historically delivered total returns based on steady dividend incomes and long term capital appreciation. Their comparatively Low correlation with other assets make them an excellent portfolio diversifier which help to reduce the overall portfolio risks and increase total returns. Another option is to invest in Exchange traded funds (ETFs) where we can get exposure to an index without having to invest in all its component stocks. Fees and charges tend to be lower than actively managed funds as ETFs tend to have lower Management fees. Platforms such as moomoo which offers free commission or lower commission can also help reduce the overall cost of investing. Any cost reduction or ways to minimise our costs would be helpful especially during this period 😊
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    Hello mooers~
    Welcome back to "What's new in moomoo"!
    Spoiler: you can have the chance to win reward points in the end. Don't miss it!
    This time we have brought you the new features from Android v11.27, including face ID (or touch ID) to unlock trade, OTC indicator added in screener, industry analysis viewable in HK IPOs, and even more. Why don't you scroll down to have a quick look? More new features await!
    Let's vote! And here comes the question:
    In a relatively long run (within 3-5 years), which industry of stocks do you most bullish and will HODL?
    Leave your comment before Nov. 29th 24:00 ET and win 66 points! (at least 30 words to qualify)
    What's New: OTC Stock Screener And Top Holders of A-Shares Viewable in Android v11.27
    What's New: OTC Stock Screener And Top Holders of A-Shares Viewable in Android v11.27
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    102439493 reacted to and commented on
    If I have $1mil, I would split into 50% stocks, 25% ETFs, 10% bonds and 15% Cryptocurrency. For the stocks, 20% will be in dIvidends yielding ones such as REITs (the likes of $CapitaLandInvest(9CI.SG)$ $CapLand Ascendas REIT(A17U.SG)$ $Mapletree Ind Tr(ME8U.SG)$ with the balance in a mixture of safe bank stocks such as $JPMorgan(JPM.US)$ $Morgan Stanley(MS.US)$ and the more speculative stocks such as the pandemic related ones such as $Pfizer(PFE.US)$ $Moderna(MRNA.US)$ $BioNTech(BNTX.US)$ $Merck & Co(MRK.US)$...
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    Asia stocks set for mixed open amid jump in dollar
    Asian stocks looked set for a mixed open Thursday after the latest Federal Reserve minutes flagged the risk of a faster reduction in stimulus. The dollar jumped and the Treasury yield curve flattened.
    Australian shares were steady, while equity futures for Japan rose and Hong Kong's fell. U.S. contracts fluctuated after the $S&P 500 Index(.SPX.US)$ and tech-heavy $NASDAQ 100 Index(.NDX.US)$ edged up on below average trading volumes ahead of the U.S. Thanksgiving holiday. Data showed U.S. consumers kept spending despite skyrocketing inflation, pointing to a year-end growth spurt.
    Oil edges lower after biggest U.S. supply build in three weeks
    Oil edged slightly lower a day after U.S. stockpiles rose and the day after the announcement of a coordinated release crude from strategic reserves.
    Futures in New York closed down 0.1%. A government report showed U.S. stockpiles increased 1.02 million barrels last week. The White House announced on Tuesday a release of 50 million barrels from its reserves in coordination with the U.S., China, Japan, India, the U.K., and South Korea.
    Adidas Originals says it has partnered with Coinbase
    $ADIDAS AG(ADDDF.US)$ Originals, the clothing line primarily focused on sneakers, tweeted out a cryptic announcement, saying it had partnered with $Coinbase(COIN.US)$, calling it "probably nothing."
    Coinbase replied with a handshake emoji.
    From Best Buy to Gap, retail carnage erases $10 billion of market value
    Disappointing earnings reports have cost prominent U.S. retailers about $10.7 billion in market value this week, with stalwarts such as $Nordstrom(JWN.US)$ and $Gap Inc(GPS.US)$ posting their worst one-day plunges on record.
    Investors shaved about $1.5 billion off Nordstrom on Wednesday, with the stock closing down 29%. The cut for Gap was even deeper at about $2.1 billion, while two days of carnage overtook $Dick's Sporting Goods(DKS.US)$ (down about $1.4 billion) and $Abercrombie & Fitch(ANF.US)$ ($460 million).
    Elon Musk sold another $1 billion in Tesla shares on Tuesday
    $Tesla(TSLA.US)$ CEO Elon Musk's trust sold about $1.05 billion in stock on Tuesday evening according to financial filings posted this week. It marks a total of $9.85 billion in stock offloaded in the past two weeks.
    Tesla shares fell 15.4% the week ended Nov. 12, marking the worst week for Tesla stock in 20 months after Musk began selling shares. Shares of Tesla were up about 1% on Wednesday afternoon.
    Trump hotels, other businesses reportedly subpoenaed, but executive Matthew Calamari expected to avoid charges
    New York prosecutors issued new subpoenas for records on former President Donald Trump's properties as part of an ongoing criminal investigation of his business, a new report said. Manhattan District Attorney Cyrus Vance Jr.'s prosecutors also recently told top Trump Organization executive Matthew Calamari that they did not plan to indict him.
    The developments come as Trump, the de facto leader of the Republican Party despite losing the 2020 election to President Joe Biden, signals he could run for president again in three years.
    Tesla bull Cathie Wood says Apple should've bought the EV pioneer, but 'we're happy they didn't'
    $ARK Innovation ETF(ARKK.US)$'s Cathie Wood told CNBC on Wednesday that $Apple(AAPL.US)$ could have owned the driverless vehicle market by purchasing Tesla. "We're happy they didn't," said Wood, a longtime Tesla uber-bull and believer in CEO Elon Musk. Wood also said on CNBC she sees "nothing wrong" with Musk selling stock and paying billions of dollars in tax bills related to option grants.
    Love affair with riskiest assets turns turbulent on Fed fears
    A selloff in hyper-expensive tech stocks. Travails in crypto land. Snowballing weakness in small caps. And now a runup in the cost of equity insurance.
    Despite a solid markets close on Wednesday, there were other signs this week that showed this year's ardor for risky assets has hit a rough patch. The latest exhibit is the Cboe Volatility Index, which has gained 2 points since Monday of last week, a period in which the S&P 500 is little changed. Demand for protective options is suddenly growing as previously torrid corners of the equity market cool off.
    Source: Bloomberg, CNBC
    Wall Street Today | Elon Musk sold another $1 billion in Tesla shares on Tuesday
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    As year 2021 draws to a close, it is time to reflect and count our blessings. 2021 is probably one of my most difficult years to date. It is a year I am not likely to forget as we had a health scare in the family which added to the stress of coping with the pandemic.
    For almost two years, I have had to forgo or keep to a minimum things I had previously taken for granted — shaking hands, visiting family and friends, dining out, taking off overseas, visiting malls, going to the cinema, visiting the dentist, having a haircut, etc.
    Reading the accounts of people who recovered from COVID-19 brought home to me the preciousness of simple pleasures like having our loved ones close to us, going outdoors and being able to taste and smell.
    I’m immensely grateful for:
    1. The people who love and care for me.
    2. The roof over our heads and the food on our table.
    3. The first class healthcare system in my country.
    4. The selfless and dedicated folks working at the frontline. In particular, I want to thank the healthcare workers who have worked so hard for so long.
    5. Having internet access which keeps me connected with people whom I cannot meet face to face and up to date with my investments. The ones that did well were $NetLink NBN Tr(CJLU.SG)$  $DBS Group Holdings(D05.SG)$  $CapitaLandInvest(9CI.SG)$ and  $CapLand IntCom T(C38U.SG)$ .
    6. Last but not least, the discovery of moomoo and its powerful app so I can access quality charts, news and market data quickly. Moomoo gave me my first $Apple(AAPL.US)$ share and helped to broaden my knowledge about trading in the US market. It will always have a special place in my heart because of this. I’m also thankful for the friends I’ve made through Moomoo.
    Even in the darkest cloud, there is always a silver lining.
    Happy Thanksgiving and all the best in your investment!
    A Thanksgiving To Remember
    A Thanksgiving To Remember
    A Thanksgiving To Remember
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