Grow Money with Meng Teck
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Just did my first morning sharing on fb. If you love these kind of sharing. I will do more
Received RM1440 dividend from NTPM today. I didn't even know there's a dividend coming because I was aiming for the capital gain.
Not only I made this good pocket money but at the same time I made close to 30k from the stocks in a month. Blessed 😁
Tonight 8.30pm I will do a fb live with Lucas.

Before that, can you help me to make better content for you?
US Market VS Malaysia Market : Which is a better place to invest?
In US, we have the super tech stocks!
In Malaysia, we have the rubber gloves!
Which is better?
In this sharing, I've invited Chern Hong from VI to discuss with me on the difference between investing in US Market VS Malaysia market.

Click the link below to join live NOW!

https://www.facebook.com/savwee.my/videos/1247265802316867/
Channel name was changed to «Bursasecrets Show»
Message from Rondy (Stockbit) : Remember, Remember, The first week of November.

Last Wednesday during my fb live with @mengteck, in the last 8 mins, I touched on the fact that we're moving into a very volatile period in the stock market, and that we should look to build our cash position in our portfolio to stay defensive and to take opportunity of any massive market sell off. I'm personally 40% cash.

Friday massive selloff was one of the worst in history 1 week pre-election but not at all unpredictable. Here are some interesting flasback and statistics from historical election weeks going into, during and after election:

1) The night of the 2016 election which Trump won, the S&P 500 fell more than 5% in premarket trading, triggering a circuit breaker to halt trading. But by the time the market closed the day after the election, the index was up over 1%.

2) The market, on average, goes up about 1% in the week before an election.

3) The Dow rises about 70% of the time postelection and goes up an average of 1%.

Suffice to say that volatility will increase. And this year, it will be alot more extreme, in my opinion.

For us in KLSE, the KLCI is at 5 months low and here are some factors that could add fuel to the volatility coming from US presidential election:

a) Record high of global daily new cases of COVID19 at 573k cases.
b) BNM MPC meeting and potential of further rate cut to stir the economy
c) Malaysia budget 2021 & potential of it not being passed
d) The psychology of the retail market - remember that for some sectors, there has been a crazy bull run such as FAANG, NASDAQ stocks
e) Potential selling off / closing shop / slowing down from local fund managers to protect gains in 2020

So be mentally prepared for the storm that might come, create a shopping watchlist and any massive sell off, when you feel the fear in your gut, that will be a good time to collect and buy on weakness. Focus on fundamentally good stocks with earnings visibility and beneficiary of COVID19 situation (rubber gloves, DNONCE, ASIAPLY), long term value stocks that's not impacted from COVID19 (MFCB, JOHOTIN), and growth stocks that has little or no structural connection to the result of US election (TSLA, SEA, FRONTKN, etc).

Just my 2 cents.

p.s. link to fb live with MengTeck: https://fb.watch/1uNIiWyGzV/
I think they are in crisis mode now. China government come and kacau them at the worst time by putting in a potential regulation. If this is a public company already, I think today the share price may crash 20-30% based on the news. Read here : https://www.thestar.com.my/business/business-news/2020/11/03/china-issues-draft-rules-for-online-micro-lending-business
Are you interested in investing in properties in the next 12 month?
Anonymous Poll
46%
Yes. I think this is an awesome opportunity
54%
No. I only invest in stocks
If there is a way to get cheap capital to buy stocks by "buying properties with cash back", would you like to know how?
Anonymous Poll
82%
Interesting idea. Of course I want to know
18%
No. It must be risky
Guys.. Thank you for your feedback on answering the poll. It really helps me produce better content and service for you. Just to give you a gratitude.