Ferrying Sense & Dollars

 Well, some people actually read this blog, so I guess I should start writing something more useful to do them justice. So gather around, I am going to show you how I actually make sure my kids can afford to go to University should they wish to. Or they can choose to be a Youtuber, influencer, content creator, etc. university degrees may not be that relevant in the future? But as parents it is good to be prepared, here is the steps to make sure the children can go to Uni Step 1: Make sure the kids learn German Step 2: Send kids to Germany because University is free even for International students The End, thanks for reading. Just kidding, but for real though. Gemany has free Uni education, my cousin actually went there and studied Civil Engineering. But of course you will still have to pay for living expenses etc. but definitely something to consider. So let me show you and the wife what I have been doing. I have started to set aside $600 a month for the kids. So that makes: $600 x...

 After having one of the best month in August (+7+%), the S&P 500 is long overdue for a correction, and true enough, on 3rd September 2020 the Market saw a sea of red dragging the index back down to about -3.5% at closing, this was followed by another Panic drop on 4th September which managed to rebound by market close. News are starting to report doomsday scenario of market possibly retesting March low! Oh my God! What should i do? Sell All position to lock in profit?? After much thought, i have came out of a detailed plan of what to do in the coming days with potential further drop! STEP 1:  Now this is very important, the first step when facing a market correction is: DO NOTHING That's right, there is nothing we need to do. Market moves in waves, wave up wave down, breathe in breathe out. Nobody can predict where the market will go in the short term, not those analyst, not bankers, fund manager, etc.  DON'T EVEN THINK ABOUT SELLING NOW and try to get back in at a l...

  I think this meme sums up the performance of S&P 500 for the month of August very aptly 😂. As the index keep climbing up, breaking All Time High again and again, more and more retail investors started jumping in because FOMO, Pretty much a blind monkey can make money buying almost any of the blue chip or those Hype stocks. Apple and Tesla especially was going🚀🚀🚀 with the announced stock split.  Quite proud that i am able to resist FOMO and jumping into the bandwagon. Discipline! very important in investing/ Trading. Besides only 5 red days for the whole of August! You know a correction will come sooner or later, you just don't know how bad it is going to be. (Update: the drop just starting to happen on 3rd Sept! As i am writing this report) Anyways how did my portfolio do in August?👇 August Portfolio performance Not bad right? Double the S&P500!! i thought i did very well, until i found out my investing buddy managed a 30% return in August! 👀 (I really need to...