Future is China

Bought Baidu and Tencent shares.
Was happy to know that I can buy Tencent shares from TD Ameritrade (under stock quote TCEHY).
Great as I do not need to pay for custodian fees.

I bought Baidu as the PE is good (20), and their half year profit is already up 35% (i think..).
They are like the Google of China, even if they slowly get destroyed by Ali Baba or Tencent, it may not be so soon.
They are also investing in AI, and doing the self driving project in China.
If there is a financial crisis, it will still do okay as people with no money can still surf net for free (and they may use the internet even more).

Out of the BAT (top 3 China shares), I like Tencent the most.
They are omnipresent.
I bought it later than the other 2 because I did not know how to buy them.

I am starting to like China shares, and will look to increase the portion in my portfolio.
And now is a decent time, as US and China might be having a trade war.
And China shares are tanking.
It is impossible or hard to stop China from becoming mighty and powerful.
Their urban population will burgeon even more, due to migration from rural areas.

However, China shares is something that I do not have a good feel of.
I do not use their products or services, I can only read up on them.
All I know is that I feel uneasy about the rising power of China, just as I feel the same for AI and automation.
So investing in them will help me be part of the evolution, turning my fear into an opportunity.

DBS finally

Just bought DBS shares, only the minimal.
Was not hungry for it, rather just bought it as the fundamentals are decent.
My thinking is that there are 2 types of timing to buy shares.
One is to gradually increase your investments, rather than always wait for a crash first.
This should be slow and steady, and when the PE is at least not ridiculous.
DBS PE ratio is around 15.
The other timing is when there is a crash, a great discount for your shopping wants.

One reason for me to pull the trigger was because their half yearly net income was up 20%.
If the price descend into $22.5 area (the next resistance zone), I would buy another portion.

Currently the financial market is uncertain, as there may be a looming trade war between US and China.
So it is always important that you have a stash of fund to inject gradually if there is a crash.
Currently my cash is around 20% of my portfolio.