Monday, March 30, 2020
Bye China shares
Sold the remaining BABA and TCHEY shares
part of the reason was because they did not dip as much as the American shares
Managed to get 4.3k USD from it
and add it to boost my war chest
another reason was also because
of reading some blogger liquidating US shares during this rally upwards
also seem like many stock veterans are still not going all in yet
so i might as well increase my war chest
in case they are right
this Great Singapore shares sale might be once in a decade
so it is better to be more prepared for it
my next move, if it comes
will be to get DBS at around the previous level that I got it
around 17, or even lower
because it might be a support zone
it might bounce back up and never come back again
so i might as well get 300 more, and I will have total 2000 dbs shares
take it as using these China shares to exchange for DBS @ $17
then the next level for dbs is around 13, and I am aiming for 500 of it
also applied for DBS share financing today
which I cannot use it to buy DBS
so that share financing will be used for buying other shares
like AIMS, Cromwell, First, etc.
I do not have alot of money
but there was a nice saying I learnt
while watching Chicken Genius youtube channel
he mentioned that Anthony Robbins said this before
it is not that you don't have resources,
it is just that you don't have the resourcefulness
my need to get money for this once in a decade chance has made me consider many options
share financing, borrowing from my wife and my joint account, personal loans, liquidating US shares, etc
all because I think about having passive income from shares on my bed every night.
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