In my last post I talked about ASB loans vs. periodic savings, so here I’ll delve a little further into calculating returns. One of the main concerns raised is that the loan is only beneficial for as long as your returns exceed the interest rates charged by the banks. For example, if the bank charges…
Tag: investment
Technically speaking – Corona, what corona?
Two weeks ago I ‘forecasted’ that the market would head upwards to 1470 before making a slight pause. Well, it did just that – it went to 1470 on the 29th of May and paused – mainly because the market closed. The next couple of days, it just sailed upwards, seemingly not wanting to look…
Technically Speaking – another update
A quick follow up to my last post. Seems like the weakness I expected never materialised and the market held up quite well at the 1370 Fibonacci line and has completely flew above two resistance areas (marked red and green respectively). What could be driving the rally? I don’t really know, as far as I…
Technically Speaking – an update
It’s been quite a bumpy ride since my last entry around about two weeks ago. The market has closed the gap at 1420, and has retraced since then, bouncing at 1370 before attempting to breach the resistance at 1420, once again failing. Yesterday, the market closed down about 30 points, hovering at the Fibonacci support…
Driving thoughts: capital movements
In light of the recent events, I’ve decided to tune in to Bourgeois FM to hear commentaries of what’s been happening. Out of coincidence, I listened in this morning to a segment regarding regional market movements and heard the thoughts of a fund manager about what investors are doing in lieu of global developments. Obviously…
Ame's Monologues 