Posts

Wolf Money(world market review 14-20 Aug 2023)

Image
Andrew Gn: Fashioning Singapore and The World Exhibition from 27 May to 17 Sept 2023 Dress worn by Lily Collins in the Netflix Drama, Emily in Paris Donation by Andrew Gn Collection of Asian Civilisation Museum  Market Summary 14-20 Aug 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Conference Board said its Leading Economic Index fell 0.4% in Jul after declining 0.7% in Jun, down for 16th straight mth - Fed remains concerned over unacceptably high inflation, signals potential more rate hikes to cool inflation: FOMC minutes  - US expects to pay record amount of interest from US$475bn in fiscal year 2022 to US$1.4 trillion in 2032 on its national debt   - US top banks like JP Morgan n BofA could be hit with rating cuts due to industry’s deteriorating health: Fitch  - US average rate for 30-year fixed mortgage now at its highest level in >20 years at 7.09% + USD set for 5th straight week of gains in longest winning streak for 15 mths  + SEC set to adopt transparency rules for the US$20 trillion pri

Wolf Money(Singapore Savings Bond Sept 2023 review)

Image
  Sept 2023 SSBs issue comes with a yield of more than 3%. Base on initial indication from 10 years sgs bond, Oct issue will be similar or higher in yield. 3.06% is good risk free yield given our economy is at the edge of recession. SSBs are a good way to keep cash in the short and long term due to the flexibility of withdrawing without any risk of capital loss. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly

Wolf Review(Share Attack: 80 great tips to survive and thrive as a trader by Malcolm Stacey)

Image
  (Contents) I always like picking up books written by authors who themselves are investors or traders, it adds an extra layer of authenticity to their story. Shark Attack : 80 great tips to survive and thrive as a trader by Malcolm Stacey is one such book. I presumed the author is base in UK as all the examples given in the book were UK companies.  He believes the stock market is a great place to accumulate wealth(like I do) if one learns the rope to be an informed investor. Everyone with basic financial knowledge can do well in the stock market. Some evergreen rules investors shouldn’t forget. 1.) Ride your winners, dump your losers. 2.) The trend is your friend. 3.) Buy on rumour, sell on the fact. 4.) Never catch a falling knife. 5.) A rising tide lifts all boats. 6.) Buy on dips, sell on peaks. 7.) Some big recovery could be merely dead cat bounce. 8.) You have all the time in the world to make a trade. 9.) If a deal’s is too good to be true, it will probably be. 10.) Never wrong

Wolf Money(world market review 7-13 Aug 2023)

Image
Fernando Botero Colombia 1932 Bird circa 1990 Collection of UOB Market Summary 7-13 Aug 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Moody’s cuts ratings of 10 US small to mid-sized banks, said may downgrade some nation’s biggest lenders  + US CPI rose 3.2% YoY in Jul, picking up first time in 13th mth, core CPI at 12-mth rate of 4.7%, both less than expected    - US producer price index rose 0.8% annually, wholesale prices rose 0.3% from Jun to Jul, highest mthly increase since Jan + US treasuries on course for record year of inflows as investors chasing some of highest yields in mths pile into cash n bonds: BofA  - Americans applying for jobless benefits up last week, rose by 21,000 to 248,000  - US total household debt jumped by US$16bn to US$17.06 trillion in Q2  - US to propose rule effectively end anonymous luxury-home purchases, closing loophole allows corrupt oligarchs, terrorists, other criminals to hide ill-gotten gains  - California only 16% households could qualify to purchase a median

Wolf Bargain(Buddha’s Delight)

Image
  (The most beautiful Buddhist temple in my opinion) The Buddha Tooth Relic Temple located near Sago Lane has to be one of the most beautiful Buddhist temple in Singapore in my opinion. Although I am not a Buddhist but I am spellbound by the architectural marvel of this building. The grandeur of the temple drew curious tourists from all over the world, with many striking their best pose in front of the temple for a memorable snapshot. Lian Xin Vegan Restaurant   For years, I never know there is a Vegan food court located in the basement of the temple. The entrance and signage to Lian Xin food court is not prominently displayed, a keen eye is needed to spot the entrance. I give it a nickname “Secret Vegan Foodcourt”. There are plenty of Vegan varieties which I never would have imagined. Besides the Vegetarian Bee Hoon and Mixed Rice(Caifan). There are Western Food and noodles to choose from. All desserts and drinks are available at $1 each. My plate of Vegetarian Bee Hoon and Coffee O c

Wolf Money(Sold YZJ Financial)

Image
  I have sold my small holding in YZJ Financial with a small profit. Good profit for a relatively short holding period. Half a percentage return added to LWF. God Bless. Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the informati

Wolf Money(world market review 31 Jul-4 Aug 2023)

Image
  Salvador Dali Spain 1904-1989 Warrior Head Circa 1982 Collection of Parkview Square Market Summary 31 Jul-6 Aug 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Fitch cuts US long-term rating to AA+ from AAA, citing debt ceiling issue  - White House and Treasury Dept raised objections to decision by Fitch to downrank long-term US rating  + US labour productivity jumped by most since 2020 at 3.7% annual rate in Q2, helping offset rising labour cost  - US Treasury Dept announced increase in issuance of longer-term bonds in coming mths  - US 10-year borrowing costs rise to 9-mth high - US mortgage rate on 30-year home ticked up to 6.9% vs 4.99% a year ago; 15-year fixed rate at 6.25% vs 4.26% a year ago  - US banks reported tighter credit standards, weaker loan demand from both businesses and consumers in Q2: Fed survey  + US private sector added 324,000 jobs in Jul, above expectations: ADP + US weekly jobless claims rose slightly of 6000 last week to adjusted 227,000, layoffs dropped to 11-mth low in