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  1. Kevin88660

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    Nothing wrong with investing in the market but just based on average pay/median income, and after personal expense, investing $500 a month is not going to make much life changing impact anytime soon for most people. But if you have a cash cow business that you could let you at least dump 5-10k...
  2. Kevin88660

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    I am buying. Feel similar to the dump one month ago when we announced the name of the new Fed chair. I was having holiday in Malaysia while Circle CRCL was trading at 50 dollar. Thanks Steve Jobs for inventing smart phone to do everything anywhere.
  3. Kevin88660

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    Everything is down. Nothing too worrying for gold.
  4. Kevin88660

    Dubai: what’s your opinion?

    HOT! OFF-TOPIC 
    Besides tax it is also seeking ideological and value alignment for those who are interested. You are living in a city that is designed to reflect your own values, being unapologetic about making money. There are rich and poor people everywhere. Not everyone originally in or coming to Dubai...
  5. Kevin88660

    Random Chat, Thoughts, Posts, and/or Rants Thread

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    My stories were more of a specific context, fresh grads with little experience chasing a few hot jobs, more than ten years ago. Me and my friends were spamming the hedge funds for internship roles opportunities, requesting for no pay.
  6. Kevin88660

    Dubai: what’s your opinion?

    HOT! OFF-TOPIC 
    It’s people, culture and vibe. People either like it or hate it. My experience with Dubai are just short stays during change flights and short holidays. I don’t have the life experience there to give a deep analysis, but people who like Dubai tend to just like Singapore and Hong Kong for the...
  7. Kevin88660

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    It is difficult to make money shorting unless you have very good market timing skills and the ability to execute it. If I believe that the conflict will last and not anytime so, which I do, I will just express the idea in a bullish trade. Right now I play with USO etf which tracks oil futures...
  8. Kevin88660

    Dubai: what’s your opinion?

    HOT! OFF-TOPIC 
    My impression of real estate developer tycoons in this region were still based on true crime stories 20 years ago. -First you need a high growth economy and rapid urbanization environment. -Then you bribe the officers in the local regulatory body for to give you high FAR. -Then you bribe the...
  9. Kevin88660

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    Seems like Trump is escalating the conflict, doubling down his bets. Oil could be the trade of 2026 when we look back again in 2026 year end, just like what gold and silver did in 2025.
  10. Kevin88660

    $2M net worth at 26: Here's what I learned so far...

    GOLD! MINDSET 
    I don’t really know how your business is being run but seems the only way to get out of the cage would be selling your business or hiring someone to replace you to do most of the things which you currently are doing. Having time to rest and relax and keeping the cortisol level down is something...
  11. Kevin88660

    Dubai: what’s your opinion?

    HOT! OFF-TOPIC 
    I don’t think the western welfare idea of making upper-middle Income paying tax bracket over 50 percent is a very efficient way of ensuring social safety net. If you build your society in a way that prioritizes post-tax income equality, it comes with great cost.
  12. Kevin88660

    Dubai: what’s your opinion?

    HOT! OFF-TOPIC 
    We have same issue in Singapore, just some more in a better states because there is more institutional protection and charities around to help those foreign workers. Things eventually got better and will get better. Ten to fifteen years ago a lot of foreign labor from India and Pakistan got...
  13. Kevin88660

    Dubai: what’s your opinion?

    HOT! OFF-TOPIC 
    Is Dubai still safe now, considering this ongoing war in the region?
  14. Kevin88660

    Everyone: What Is Your Age and Liquid Net Worth? (Share Only If Comfortable)

    QUESTION 
    Liquid net asset might not be a good gauge for all because if you own a business high fixed cost, staff expense and overhead (like a factory), even if you make good net income, this is not reflected in your liquid net worth. People who know how to grow their business actually do still borrow...
  15. Kevin88660

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    The HR personals are just going through the motions. The decision makers a lot of time have internally decided to hire insiders and acting on nepotism. It is just the way it is. I remember going through multiple interviews before when the hirers are uninterested at the start. Another episode I...
  16. Kevin88660

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    https://finance.yahoo.com/news/chinese-medical-team-enables-30-092400922.html If confirmed would be a big milestone in extending human longevity
  17. Kevin88660

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    I got this conspiracy theory beyond the geopolitics division of U.S. against Iran. At end of the day is about oil producers wanting oil price higher and oil consumers wishing for oil price stability. Due to Shale revolution U.S has been in recent years a net exporter. Big beautiful bill last...
  18. Kevin88660

    What are your most foundational pieces of wisdom?

    MINDSET 
    (1) Avoid arrogance/ignorance and put test your idea. Being clueless about something doesn’t hurt that much. No one knows everything. Deeply held beliefs that turn out to be wrong are those that hurt the most. Be open minded to evidence that are against your existing beliefs and be ready to...
  19. Kevin88660

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    DBS was my ex-employer ten years ago. But I already lost touch with what has been going on in that organisation.
  20. Kevin88660

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    G7 considers joint release of oil reserve to stabilize the oil market. Oil price retraces somewhat. But it will not be able to replace 20M barriels of oil transported from gulf which is 20 percent of daily demand globally imo. Get ready for $150 oil price soon.
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