GME & Roaring Kitty

 Roaring Kitty of GameStop fame is back!

He posted this on X and in three days, the price actually ran up from $10+ to $70+!

I actually went in again on the way down and now I’m a bagholder once more haha.

Diamond hands! To the moon!

PSNY Deficiency Notice

 This is bad, really really bad.

In the worst case scenario, this could mean a delisting.

My investment in Polestar might literally go to zero.

60 days to comply, price too low to sell anyways :(

What a really bad investment this has been!

Read about it here.

High Dividends

 For some reason, April and early May have brought in bumper dividends and other passive income!

This makes me super happy.

I am wondering where to park them.

Should I reinvest the dividends back into the high yielding stocks? Or should I use this opportunity to buy new stocks that I can pride over the fact that the entire purchase was ‘free’?

Recently also looking at higher yielding UCITS ETFs to help balance things out, such as SHYU, VHYD, VHYL. They are listed on the London Stock Exchange and are more tax efficient. US stocks we always end up having to pay 30% withholding tax, which erodes whatever yield we achieve.

My dream is to be able to earn $5-10K of regularly dividends every month passively. Also where the dividends do not erode the NAV of the stock/bond.

Without going into the specifics of my current high yielding portfolio, I need to reduce its volatility and make sure I don’t blindly chase yield. This has happened to me in the past and I ended up being burnt. So definitely some lessons learnt and aiming not to let history repeat itself.

Let’s see if we can achieve that sooner rather than later.

NVDA

 Finally jumped on this bandwagon a week back and oh boy is it printing brrrrrrrrr!

NVDA is the hottest of the magnificent 7 right now that’s propping up the whole NASDAQ.

Hoping to see it cross $1,000!

HUAT AH!

Second Berserker Rage Of 2024

 Argh not again.

Last night was NFP and the market shot up.

I took a gamble again on USDJPY and was wrong.

I took a gamble on NASDAQ100 and was wrong.

Ended up losing another SGD 7K.

Gosh I need to stop bleeding financially like that.

Need to cold turkey myself.