Ferrying Sense & Dollars

  For those still using local banks as their broker with super high fees. Do consider trying out Moo Moo. They have a mobile app and Desktop version, pretty impressed with the functions so far, quick sign up, verification, allow margin (please use responsibly!). Can use my Join Link to get more cashback and your free Apple Share ->  Try Moomoo   (I am actually not sure if they are still giving Apple share now) OK! Ads over. Quarter 1 2021 just ended, and as mentioned   in my  March 2021 Report   despite the choppy ride in February and March, the US market is still on a strong uptrend.  As usual, Quarterly report is where I compare the different investing strategies employed as part of my running experiment. If you are new here and have no idea what is what go and read my  Different investing strategies . TWR = Time Weighted Return 1. Portfolio (+10.4% YTD) Good news my portfolio managed to stay on top, and survive the volatility in Fe...

Yep "Cash is trash", in case you haven't heard, Money is being printed like there's no tomorrow, so in the near future your cash will have lesser purchasing power due to inflation. Inflation is inevitable and it is a necessary evil to drive up the economy, so most nations try to control it at around 2%. But what gets people worried is the fact that the Feds are printing more and more money and putting it into the circulation, which may cause inflation to go up significantly in the near future. That's why Ray Dalio says " Cash is Trash" Simulation of $1 invested in various asset class So I hope everyone understand why it is important to stay invested, and not hold too much cash. Please don't leave it to rot in the Bank and think it is safe, you are losing the value of your money every year. And don't just jump into any product that banker pushes, do your own due diligence. Most bankers have quota to hit and commission to earn, what makes you think...