Is it a good ideas to invest in a second property to get a rental income?
I present the calculation here.
E-mail: kinlian@gmail.com. Website: www.tankinlian.com Facebook: www.facebook.com/kinlian
Saturday, January 30, 2021
Wisdom of the Crowd - New Issues
1. Will the covid virus cases drop soon?
2. Was it acceptable for Robinhood platform to restrict trading on certain stocks?
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WOTC - Mob attacked the US Capitol
Wisdom of the Crowd: 69% of the respondents said that President Trump instigated the mob to attach the US Capitol.
Friday, January 29, 2021
YouTube videos covering stocks
Before I invest in any stock, I watched a few videos on the stock and understand the business of the company, the financial figures and the reasons to invest in the stock. I make my decision after that.
I follow these YouTube channels covering stocks.
My perspective on GameStop
I share my perspective on the insane trading in GameStop that caused a turmoil on the stock market.
Quora: Why are more Chinese graduate and doctoral students returning to China after they graduate?
Ridzwan Abdul Rahman answered:
This shows the difference between Indian and Chinese graduates.
Many Indian graduates seek employment in the US and hold high positions in US companies, while Chinese graduates return to China to participate in building up their own country. This has been going on for many years and this is partly the reason for China’s massive growth over the years.
Indian graduates need to be more nationalistic and return to India to help build their own country up.
This concerns the comments below about China providing job opportunities as a reason for the graduates returning to China. I agree that this is true based on my own experience in the IT industry in Malaysia.
Ever since the 1990s (could have been earlier) until about 2010, we regularly received calls from IT companies in India asking us to outsource application development to them because they are cheaper. And many programmers from India came to Malaysia to work on projects. I believe Malaysia is just one of many countries that the Indians approach. This indicates a lack of jobs in India.
But there is another difference between India and China. While China is internationally well known for Alibaba, Weibo, Wechat, Tencent, etc, India is not known for similar things.
Somehow, I get the impression that Indians choose to work for others instead of developing something for themselves. And the US provides many opportunities to work for others. Some Chinese graduates, on the other hand, prefer to create something for themselves.
WOTC - Inauguration of President Biden
Wisdom of the Crowd: 67% of the respondents expect the inauguration of President Biden to be peaceful.
Thursday, January 28, 2021
Wisdom of the Crowd - New Issues
1. How was America's global standing under President Trump?
2. Will President Biden restore the prestige of America in the global arena?
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WOTC - Resignation of cabinet secretaries
Wisdom of the Crowd: 69% of the respondents said that Trump's cabinet secretaries should not resign towards the end of the term.
Wednesday, January 27, 2021
Review of Alibaba
Alibaba stock (BABA) reached a peak of US$309 0n 19 Oct 2020. It dropped sharply by nearly 30% over the next two months to a low of $222.
It has since recovered 19% of the loss to reach $276, which is 11% before its peak.
I have invested in the Alibaba stock in USA (BABA) and in Hong Kong (9988.HK) at an average cost below the current price. I am now seeing a gain.
There is a positive news about the IPO of Ant Financial (a subsidiary of Alibaba). This is the catalyst for the recent recovery.
https://finance.yahoo.com/news/ant-ipo-could-resume-once-095700640.html
I consider Alibaba to be an attractive stock as its price earning ratio is 28 times, compared to 98 times for Amazon. Both are leading global e-commerce companies.
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Wisdom of the Crowd - New Issues
1. Do you agree with the rules regarding visits during CNY?
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WOTC - Safe Entry Recording
Wisdom of the Crowd: 61% of the respondents prefer to continue Safe Entry recording.
Tuesday, January 26, 2021
Wisdom of the Crowd - New Issues
1. Will you take the covid vaccine as soon as it is available to you?
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WOTC - Singapore economy in 2021
Wisdom of the Crowd: 88% of the respondents have a pessimistic view of the Singapore economy in 2021.
Monday, January 25, 2021
Wisdom of the Crowd - New Issues
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WOTC - Twitter ban on Donald Trump
Wisdom of the Crowd: 48% of the respondents said that Donald Trump will move to another platform after being banned by Twitter.
Sunday, January 24, 2021
Wisdom of the Crowd - New Issues
1. Will President Biden's $1.9 trillion stimulus be approved by Congress?
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WOTC - PM Lee took the vaccine
Wisdom of the Crowd: 72% of the respondents said that most people will not follow PM Lee's example in taking the vaccine.