Hi Tay Chi Keng, glad that the comments are back. From a westerner's perspective, we see the numbers through financial reports but it's difficult to get a "feel" of the sentiment from Chinese consumers in China. I heard that you went to China recently for leisure and maybe you didn't probe it, but, I'll ask anyway. What are the people's consuming habit like? Did it change, is it the same as portrayed by the media in the west? Are they really reducing spendings? Or is that just the narrative propagated here. Would love to hear back from you! I'm traveling to China and Singapore soon too for leisure!
Thanks for the thoughts! You are right that we live in weird times. I've got a small personal portfolio (~$30k) that I'm adding to steadily, along with a couple of retirement accounts. The retirement accounts are predominantly US equities, the personal portfolio is *mostly* US equities but far more diversified. I'm looking to take profit on a few calls I opened (PYPL, AAPL, maybe a few others) and allocate roughly $5k in 1 to 2 year in-the-money calls on Chinese indexes. IMO the price to earnings ratio and macro both look appealing for these stocks, enough that I'm willing to take some risks. And if I get wiped out, so be it, my retirement accounts will be fine.
Bro, I have the same sentiments as you. I every month DCA into those good companies but they recover so fast and getting very expensive. Have to wait for dips to re-enter.
1. Liquidity on the sidelines. Expect 10-15% still going into s&p500 2. Nothing matters. No fundamentals make sense other than this one simple rule: never lose money before making money 3. In life, one always have a choice. Join the winners and make money or join the losers and look smarter. Smart doesnt feed the family
Hi mate I just lost all my money on the small cap stock and really felling down. I watched your vids earlier when I had held a position on BABA and currently thinking about starting my own channel talking about this small cap stock. Can you share how much you can make from youtube monthly on this BABA channel? Can you make more then 1k a month at this moment? Cheers
When looking at the company valuation and potential aside, I really think China stock has a very high geo-graphical risk. Just one example, imagine if China decided to invade Taiwan, or conflicts with neighbors over South China Sea escalates, and cold war become hot war. Some may argue that the Taiwan invasion probability is very low, looking how close the relationship of China with country like North Korea, Russia and Iran etc, the de-risking from the OECD countries will continue. China stock market boom because of foreign fund, and when the de-risking continue, I don't see any chance that the foreign fund will come back, looking at this trend. Hence, I encourage you to put in fresh fund into market other than China, though not necessarily has to sell off China stock and lock in the loss, who knows a new leader like Mr Deng Xiaoping may emerge and then the whole direction may change.
Sure, but aren't a lot of companies (like Apple) producing their things in China. Why aren't the risks priced in there? If China attacks Taiwan, will Apple stock plummet too? It should.
@@TheScaryGermanGuy you're right company like apple and tesla are also at risk. However there is a slight differences, these western companies are also slowly moving out their productions from China, even their business growth in China also slow down due to China economy or nationalism sentiment of the people. Even if war happen, these company may get their market back slowly from other market like India or Vietnam when people there get richer. So I agree with you at certain level, but their risk level compare to pure Chinese company are at a totally different level
