Brexit

I'm surprised that Brexit happened... I thought like most other people that they wouldn't have the guts to exit the EU. But then again, you gotta admit that Brexit sounds a whole lot sexier, trendy and catchy than Bremain which sounds like spoilt bread. 

I think the ordinary Brits have spoken as they are probably displeased with the way their country has become. I read with interest and horror from a recent article in Cosmo UK that hutching is how young people are surviving the ridiculous rents in central London. I think immigration is also a hot button issue and perhaps that's why outside of London, there were many votes for Brexit.

I was laughing my head off with some of the other names that were given for other EU nations should they choose to exit the EU and boy are these people creative or what! My personal faves are Czechout and Byegium although funnily they have yet to come out with suitable ones for France and Germany. 

I wanted to buy some British stocks yesterday but by the time market closed, it had gone up by more than 2% although it was down by about the same amount when market opened. I think the intraday traders were the happiest lot yesterday. This coming week, I would be looking out for opportunities in the market as well as considering a holiday to London given the weaker sterling. 

I did make some good money in the weeks before Brexit so I didn't execute any trades yesterday. But maybe I wouldn't be too late so this coming week could either be busy or very relaxing...I'm not sure yet since this is probably one of the most exciting times in the stock market in recent years. 

Comments

Post a Comment

Popular posts from this blog

A tale of two stocks

Once in a while say a year or two later, I will be very kaypoh and look at the past stocks that I’ve analysed before just to see how it’s doing. I may or may not have invested or traded in that stock but it just takes one second to click on the link and see the chart. I would have remembered it’s previous price so the current chart can either make me have 3 reactions. Oh chey, it’s the same or not much difference, Wow look at it go to heaven or Wah Kao this one die liao.  For the first reaction I usually just leave the stock be but for the other two reactions, I will go and take a look at my past analysis to see whether I’ve “predicted” it’s future. Two stocks caught my eye as one went to the sky and one straight to hell. Both were similar in the sense that they faced crises except that one managed to turnaround whereas the one in the depths of hell have a long way to go. Let’s start with the one in hell which is  Capita  which I did a sort of write up on in 2014. ...
Read more

Are you exchanging time for money?

Time is the most precious commodity on Earth. Or maybe it should be oxygen because without it we would just die! Assuming that our basic needs are met ensuring our survival, then time is more valuable than money although some may argue that money can be used to buy time. It's true in some situations and not in others. For example, money can help to relieve you of some mundane tasks so that you have more time to do things that you like. But money can't buy you time with your loved ones if their time is up. If you hate your job, you may feel like you are exchanging your time for money especially as you count down the minutes, days, weeks, months or even years to a new job or to a new endeavour that hopefully won't make you dread getting out of bed everyday. Sometimes I think we forget how precious time is and waste it like it is always there. In a way time is like oxygen, we breathe every second until we forget its very existence until it is taken away from us. The tim...
Read more

True or False: Guaranteed minimum of 40% returns

I had some difficulty thinking of what to write in this post and as I read the posts of other bloggers, I thought that I should share about my Chinese beautician who is an excellent source of stock market ideas and everything from China.  Basically we talk about stocks almost all the time since she invests in purely Chinese stocks. Currently ACCICB covers Chinese stocks so I've been thinking of starting my research and who knows I may pick up some stocks along the way. Back when we both didn't know that the other invests/trade, we already get along since we bitch to each other about work and I find her rather similar to me in terms of personality. I admire her candor among other characteristics and over the space of many years, we have become rather close. I do worry when she wants to return back for good and as she will be going home for a month, she told me that she knows of this scheme in China which seems like a deal too good to be true except that it's tru...
Read more