How many of you still remember the famous Hong Kong show “The Greed of Man” (大時代)? The dramatic scene of the final battle between Ting Hai (丁蟹) and Fong Chin-bok (方展博) on the trading floor of the Hong Kong exchange was probably the childhood memory that triggered my interest in the stock market. Whatever political […]
Secrets Revealed: Are Institutional Investors Smarter Than Retail Investors
It is often said that the financial market is like a battlefield between David and Goliath, it is a war between the small-time retail investors (the “dumb money”) and the mighty institutional investors (the “smart money”). The retail investors did lose money most of the time because unlike David, they underestimate their opponents. Thanks to […]
Who Is Manipulating The Stock Market
If you were to look only at the stock market and nothing else, you’d probably have no clue that millions of people just lost their jobs, hundreds of global companies are filing bankruptcies and yes, we are still in a global coronavirus pandemic. Why do the stock markets ignore all the bad news? Are we […]
Why Did The Stock Markets Rally Despite The Looming Recession
The global stock market has just had an amazing rally in April despite a looming recession ahead. Do you feel puzzled and frustrated by this? Did you sell your stocks in March or were you waiting on the sidelines? The further we get into this global lockdown due to the COVID-19 pandemic, the clearer the […]
How Should You Handle A Recession?
If you are worried about recession in your retirement years, you should read this. In the course of my work as an independent financial adviser, I have done retirement planning for many people. In our initial discussion, most people tend to plan their retirement using very optimistic assumptions. But I always share with my clients […]
Investing for Retirement: Why Buying Stocks During a Financial Crisis is a Bad Idea
If you want to build a portfolio and invest for retirement, should you buy more stocks during a financial crisis? To many novice and professional investors alike, it sounds like a good idea. After all, stocks always go up higher in the long term, right? So buying stocks at a hugely discounted price seems to […]