Personal Finance page 4

Before I go on with my trading experience, maybe let’s look at the market after the FOMC. Most indexes were down from 1 to 3%, but I should not be that much affected, since I sold off all my fund holdings a day before the FOMC. However, since my holdings are mutual funds, I don’t know what […]

Last Friday, I attended a futures trading seminar and opened my Futures trading account. Actually, I think the seminar is quite boring and not really in-depth, but the purpose of me going to the seminar is just to open the account. Well… I was initially torn between choosing a local vs foreign brokerage for my […]

I just can’t sleep tonight… not just yet… The Federal Open Market Committee (FOMC) is being held as I’m typing. This meeting may play an important role as to how stocks will perform over the next few weeks. Everyone is expecting a 25 basis point cut, which is equilvalent to 0.25%. Anyway, I belong to […]

As some of you may have noticed, I sold away my mutual funds just before the recent correction. While many people were throwing insults at their brokers, I was quietly breathing a strong sigh of relief. Then, my friends started asking me about my rationale for dumping all my mutual fund holdings, since I appeared […]

Two days ago, I finally decided to sell off all my mutual fund holdings. The decision was made after a few days of internal struggling and I decided that it is not worth keeping the funds emotionally. I still do not know the deal prices that the funds will get sold at, but I would guess that […]