I Caved and Bought More China Stocks...
ฝัง
- เผยแพร่เมื่อ 4 มิ.ย. 2024
- *International Goodies
Substack (The least you can do, is subscribe to my email ;) taychikeng.substack.com/
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If you just want the answer, and happen to clicked the description. I've just bought more Tencent Holdings in the Hong Kong market ;)
00:00 Introduction
00:40 What China Stock did I buy?
02:04 Why I Bought More?
11:00 My Investment Journey - บันเทิง
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.❤❤
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
It's been dumping and pumping in this range for ages! It's technically just going sideways, sideways means generally stagnant. More emphasis should be put into day trading, as it less affected by the unpredictable nature of the market. Trading has been going smooth for me as I managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She's often interacts on Telegrams, using the user-name.
@Lindawilburn
I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
It was quite challenging to understand the different trends on my own until i found out about Wilburn. Trading made easy.
Your story with BABA is similar to mine. First purchase at $225. Averaged down to $109. At that price I am very pleased even though current prices are lower. Great value for the long term in my mind. I don't use margin. Good luck to you.
same here, bought at 200, average 100 now, tencent 404, average down to 360....
I always smash the like button! Your honesty is so important. I follow so many stock pickers and they all fudge their losers and overstate their winners. Keep it up!
You have grown a lot in the last few years. Keep it up.
You may or may not make money on China (I think you will as odds are in favor); but I think you will do well in long term career. You have demonstrated strong psychology while following business closely in tumultous times. An admirer of this trait of yours.
Good job. Yes, I could see U have matured over the past few years.
I've been lucky to average down to just below $100 with a roughly 15% portfolio weighting at the moment. Total direct China weighting is 25%, which i'm comfortable with.
Thanks for all your views, translations and explanations over the years! Once again a good video!
I am extremely underweight US equity: 5% distributed amongst C ($40) OXY ($60) and RAMP ($27). 75% of my portfolio is in BABA (avg $100), the rest is in Tencent ($38), TSM ($75), JD ($26) BIDU ($98).
Great video as always. I wonder, have you considered researching abd even buying into stock markets in other regions? For example in Africa, South America, Europe or the Middle East?
Would be cool if you made a video on that, and why you prefer China and the US over smaller markets
Top 2 superpower.
Hi TCK, u buy chinese tech stock only hk market, not on nasdaq, is it?
"Cheap crap is still crap" - Adam Khoo
Crap is still cheap - Crammer
you were right about it, Chi Keng.
BABA IS BACK❤❤❤❤
Let's hope this is the real recovery. Admire your transparency but you might want to apply some TA to better time your entries. No matter how bullish you are, always buy on pullbacks, not when the stock is up 30%.
Tencent has one of the best moats in any company I know.
I׳m invested heavily. Lets hope china continues to pop now
Chinese export economy will all go belly up if they invade Taiwan due to sanctions.
Yeah why not.. they are at good discounts now
Remember you used to say 2030 timeline for Baba. Glad to see that u r staying to the true long term value path.
I do enjoy your videos and you’re talking points, but I am a bit concerned about you. Excessive focus on stock prices rather than company performance and myself have bought both Alibaba and Baidu, but I have also venture into some of the Chinese Expressway stocks such as Chengdu expressways and Zhejiang Expressways. Some of these stocks to serve more attention.
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
It really helped trading with Francine Duguay analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective..
I read about her too on the website. That is how I get connected to her. Thanks for putting this down here
Francine Duguay is outstanding. The knowledge you will gain is for a life time.
Ahaha, I’ve been buying Chinese stocks too. Loading up!
Your view of risk is an all in perspective, but for me as an investor my view is different to you- its how much % will i lose of that said dollar over the next 2/5/10 years. In my opinion, thats a better way to look at it.
I'm seriously having anchoring bias... can't bear to add onto extg US positions at current prices/valuations.....
Looking forward to tencent earnings
tks
I dont know if china is ever a long term investment when i look at the chart long term. Its not trending up. Its like 5 to 7 big swings random up and down over 10-20 years. Imagine 20 years later when i wish to retire, it does the huge swing down again, i cant sell it.
Here is another way to think about risk. Is buying now at this price, the best way to invest your money to your best ability? Would a simple, obvious alternative investment give you much better probability at higher returns over the next 10 years?
Good move, most Chinese stocks are still undervalued while US stocks are fully valued.
I bought more BIDU and Alibaba this week.
sir pls share all your free excel etc tks sir
Tencent is a very strong and good company.
I stopped listening when you mentioned “China had some kind of election” 😂
😅
"It's time to get awarded"
Maybe this is the bottom? I've been buying for 3 years.
We overestimate what can be accomplished in the short term and underestimate what can be accomplished in the long term. If Alibaba still exists in 10 years and there hasn't been a major event, like a ground invasion of Taiwan or a continuation of the US's economic war tactics against China (definitely not zero probabilities the way things are going), Alibaba will likely be over $500-$1,000 a share, minimum.
I think it is a good time to buy China. I think US market is overpriced now, Europe stocks also sound like a good buy now.
Meta up you buy, China stock up you buy again.
It is the US market that seems more precarious now
What sort of taxes are involved in buying US stocks as a foreigner?
It depends on what tax treaty exists with your country. The tax deductions are automatic.
@@vncstudio ...no cap gains tax but dividends tax at 30% flat, for foreigners who are non tax resident
Don’t be silly Chee Keng! I’ve been buying Chinese ETFs weekly. Quarter of million for china ETFs - not enough
I always felt that in order to think deeply on any investing topic, be in individual stocks or portfolio allocation, we really need to stop thinking about the share price and its derivatives. So words like current price, cost basis, etc. really need to be removed from the vocabulary. It really mess up with our thinking. After remove these thinking that we can be more effectively thinking about the business, both the quantitative and qualitative angle
go china. my portfolio is 14% up ytd.
💙❤️💜
Giga Cloud Technology GCT earnings in play next week
High risk Low reward?
High risk NO reward
Similliar average price and entry point with me for tencent 0700 and alibaba 9988
baba bagholders...unite!
your last 2 stock is too risky suggest you to take the money and bet on others opportunity
Adam Khoo doesn't approve of this
Common prosperity leh china! U still dare to buy
Hahahha.. time to reel and milk
follow AK and go into bank
I think you're right to be bullish on China. The price is just too good now, and the US is likely to fall into a recession soon, so people will look for other markets
don't get too excited and buy now... next week BABA might hit $69 again.
damn it, Chinese's stocks gonna tank now.
Why bro. How can you trust Chinese government
u kena conned by China again 😁
Xiacy is far better and peaceful
Tencent over BABA. The reson why Jack MA is so targetted by the govt is becos the original gang of ppl from BABA are from opposite political camp, + Jack's mout v big kena aimed.
Bull market !!!!!!!!
You will probably never recover your losses. China doesn’t play but the rules.
Yes, never recover losses....becos all is profits
Too young too naive
GO GO BABA GO!!
This recent China rally is just the beginning of a multi year megabull run.
It’s already crashing 🫨
@@jackb616 its just a pull back after like 12 straight green days. If you are easily frighten, maybe investing is not for you. Weak mentality cannot be investor
@@DailyGPT365 12 straight green days after falling non stop for 3 years isn’t that big of a deal