I went for a meeting and the speaker said we need to let go of our stock and we need to keep it that way till there is visibility in the future
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
I am already in my 60s, and for most of my life, investing to me meant putting money into fixed deposits, shares and occasionally buying some physical gold. I never really understood why people were constantly watching charts and talking about leverage. Recently, my son introduced me to Gold DLCs on SGX. At first, I thought it was just another way to invest in gold. He explained that I could take a view on whether gold would rise or fall, but the leverage also meant that a relatively small movement in gold could have a much bigger impact on my position. I decided to try it with a small amount, mainly to understand how it worked. When gold moved in the direction I expected, I was pleasantly surprised by how quickly the position responded. But later, when gold moved against me, I realised that the same leverage worked both ways. I had spent decades learning how to protect my savings, and suddenly I was watching my money move much faster than I was used to. That experience changed the way I looked at trading. At this stage of my life, I don't want to take unnecessary risks simply because something offers the possibility of higher returns. I still believe there are opportunities in the market, including gold and silver, but I now understand that the most important question is not just “How much can I make?” It is also “How much can I afford to lose?” For me, that is something worth learning before putting any money into a new investment.
Great day wish every one have a good time
good day afternoon
it is the lunch time
Hi good day
