u/oldtowncoffee01 — reddlx

Recently I keep getting killed by huge sudden spikes in XAUUSD..

47 days of consecutive wins and suddenly my last 3 losses are like 600-700 pips against me, each time I'm busting my account my total loss is like 21k in just a week.

3 times was during the US session, AMERICA can go f*** themselves in the a** whats wrong with these people.

Currently the 3rd time it's like down 700 pips in 30 mins. America can go f*** yourself.

How do people make money in US sessions?

reddit.com

u/oldtowncoffee01 — 22 hours ago

▲ 70 r/SingaporeRaw

Nasi Lemak seller needs to cook 40 plates just to break even.

Business degree holder.

Each plate is 6.90, $2.70 goes too...... u guessed it .. Rental and Conservancy

Weekdays only sell 50 max, salary is 2k plus per month. Work in F&B better earn more and comes with Aircon & CPF.

youtube.com

u/oldtowncoffee01 — 10 days ago

▲ 100 r/SingaporeRaw

If you put $25 million into a 10-year bond yielding 4.43% risk-free, that alone would generate about $1,107,500 a year.

Over 50 years, that is roughly $55 million in interest alone, & you STILL KEEP the original $25 million principal.

Instead the joker is paying $25 million for an overpriced HDB shop that eventually returns to $0 !

Even if they invested in bonds & use the interest to rent another location for $50,000 a month or $600,000 a year they would still be ahead by about $500,000 a year left from the interest !

Whether it is a Singaporean buyer or foreign launderer , I hope they get wrecked. This is peak stupidity.

Edit : Using bonds as an example for risk adverse sporeans, usually people would just invest 25m in S&P etf which is on average 10% gain per year.

Edit : Some comments claim bonds with INTEREST of 4% cannot fight inflation. Singapore inflation is that high meh ?
But they think sinking 25m in a depreciating asset without interest is better.

u/oldtowncoffee01 — 13 days ago