Friday 15 March 2024

Finance Investment Movement 43

We live in an amazing world full of flora and fauna that never ceases to surprise. The number of undiscovered species probably outweigh the current known numbers. I am also constantly bewildered by activities that go around the world. Hundred thousands fans flooded Singapore for a series of concerts. The humanitarian crisis at Gaza has many sympathizers yet no one seems to be able to lend a concrete hand. Nividia rises like a rocket to the moon. America can only produce two presidential candidates close to 80 years old. Together, they form a very odd impression to me. Gold, bitcoin and US stock market converge to hit all time high at the same period. For investors, it's a confusing time amid the differing signals. I believe in staying in the market although circumstances meant that entry timing play an important role.

While I await lower stock prices, money still needs to work. One of the best offers is the Moomoo cash fund subscription promotion. At 6.8% pa return, it's hard to beat. Considering that I had taken part in the previous campaign, therefore it was an easy decision to put fresh funds this round. Another is the HSBC ega which offered up to 4.65% pa with credit card spend. Then there is the latest Tbill yielding 3.78% pa and my CPF along with SRS went into it.

Tip: Chateau Lamouroux 2011, good grip of tannin with earthy undertone, past peak freshness

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