Elon Musk And Tesla

 You know I’ve been fawning over owning a Tesla Model Y for more than a year now.

Despite Elon’s stupid attention seeking antics in the past, I’ve never really bothered much nor let it affect my endearment for a Tesla car.

Even him buying Twitter and using it as a mouthpiece for his stupid thoughts and gaslighting ideas, I’ve not let it affect my wants.

Until now.

First his recent Nazi salute at Donald Trump’s post inauguration event.

Then he did it again.

And now he appears at Germany’s far right party, the one closest to being a Nazi party, to lend his support.

It just doesn’t sit right with me, and from the looks of it, many other people as well. That German Nazi party is a lot of things wrong with the world today. Maybe the world had gone too woke, too liberal. But the way Trump swept the US polls and inspired the swing to the right, is equally scary and ridiculous. Suddenly people are promoting male Alpha conservative lifestyles again, where women are overly subservient to men. Suddenly no one believes in science or facts anymore and can spout nonsense and blatant lies as the truth. Suddenly being always the victim is the way to explain all misgivings in the world.

It is very concerning and I do fear what is to come of the world in the next few years, under the Trump administration. Hopefully it is all bluster and not too much damage is done, but you never know, the world doesn’t need another Putin or Kim Jong Un.

God bless us all!

Anyway back to Tesla. People are now appearing to revolt against Tesla and for good reason. 

I’m even wondering if TSLA is worth a short sell now.

And yes I’m not aiming to buy a Tesla Model Y anymore.

Good riddance.

Donald J Trump

  Donald Trump is inaugurated as the 47th President of the United States of America tonight.

A new era has begun.

One that promises a lot of fireworks globally.

Let’s see what will happen in the next four years.

No doubt there will be very radical changes and volatility in the world.

God bless us all.

Something Massive Is Brewing

 Mega financial update to come soon!

Can’t wait and it is just great news.

HUAT AH!

Zero Berserker Rages For 2025

 Here’s my main goal for 2025 on this financial front.

Zero berserker rages for 2025!

Lets go!

BTC $100K

 One of my brightest investments.

It is currently hovering around $99K, probably will hit the $100K mark next week.

Let’s see.

But this is pretty cool if I keep it for longer right?

Singapore Fintech Festival 2024

  Another year, another power booth by Saxo.

This year wasn’t as crowded as last year, but still a very large event for everyone.

Fifth Berserker Rage Of 2024

 Dammit

I thought I was over with these rage gambles.

Got caught out by some wild swings on USDJPY last two days.

Today Putin said something about the right to use nuclear arms and then USDJPY swung a whole big figure down, stopping my long position out from waaaaaaaaay below.

Lost $18K in total.

Dammit man.

Hopefully will see better days in gambling/investing as the year comes to an end.

Trump Has Won

  And Donald Trump has won the 2024 US Elections.

By quite a landslide somemore!

In fact the Republicans have won the Presidency, the Senate, and the House of Representatives!

Not really looking forward to the circus to come in the next four years, but in warped way, we could all see this coming from quite a mile away. The world has been getting too woke and it is time to straighten up again.

Good luck to Europe that’s what I’ll say!

Trump Might Be Winning

 As much as the mainstream media hates to admit this, it seems like Trump winning the coming US Elections is a very real outcome.

Bookmakers are pricing him to win.

Many Financial Institutions appear to factor the chances of him winning is higher than that of Kamala Harris.

All this while most mainstream polls show them neck and neck.

In my mind if the bookmakers are giving him shorter odds to win at almost all swing states, then I think he’s got this in the bag, short of a monumental fuckup by Trump’s team.

The problem is that this guy is so shocking that there’s not much else that can shock the markets.

Much as I hate to say it, we should position ourselves accordingly where we can control things.

Short Europe

Short China

Short Allies

Short EVs except TSLA

Short Tech

Long Authoritarian 

Long Gold

Long Crypto

Long TSLA

Long Energy

Who knows markets might take a short plunge but rally heavily again like his first term.

This is going to be a REALLY long four year for the rest of the free world if he wins the US Elections come Nov 5th.

God bless us all.

Is It Worth It To Pay ABSD?

 Here’s an interesting case study.

I’ve always wondered if it is really worth paying ABSD to own another property.

The issue here is that we have our current forever home in joint name.

Decoupling sounds mafan, but probably will save us some money since any Additional Buyer’s Stamp Duty (ABSD) is surely more expensive than the decoupling share purchase.

Then recently I chanced upon this unit at Siglap V, a tiny freehold condo which just got me thinking for fun.

The 500+sqft unit is trying to sell for $920K but is also asking for $3.2K monthly rent. A check on URA’s website shows me that last transaction of the same size was only $800K.

This means if I can get the unit for $800K and then subsequently rent it out at $3.2K, I actually earn a yield of 4.8%!

However if I factor in having to pay ABSD, which is currently 20%, that means I have to pay $960K for the unit. This translates to a rental yield of 4.0%.

Somehow it sounds not bad and it makes me a multiple property owner never again. This means paying the ABSD over the mafaness of decoupling might not be as sever?

Sure maybe I will end up having to pay more than $800K for the unit? Maybe I cannot get a rental of $3.2K and have to settle for less. I still have to pay maintenance and any charges for large expenses incurred by the unit, which will eat into my yield. 

But still.

Is my math not mathing here?

Maybe go viewing for fun :)