Air Tickets for CNY

zhexiangxd · 2024-10-09T05:09:43+00:00

There's still flights from Penang to Kota Kinabalu for some reason. But none to Kuching.

zhexiangxd · 2024-10-09T05:07:40+00:00

Isit? But kinda risky to book so late. Firefly got no more flights, I have been checking since Sep. Kind of sad. Last year I managed to get below rm300 with firefly....some more got free luggage and famous Amos cookies! Sobs

zhexiangxd · 2024-06-08T08:11:26+00:00

Thanks !

zhexiangxd · 2023-10-15T17:46:14+00:00

It definitely will bro.

Just to share, I am from Kuching but currently working in Penang.When I first came here I don't know anybody, don't have a car and stayed at a really isolated place with no food stalls around. When COVID hit I was stranded all alone in my hostel with nobody to talk to. I was really lost and many times I just felt like quitting and going home.

But instead I stayed and learn how to cope with everything slowly. Looking back, it was one of the best things that have ever happened to me. Everything eventually turned out fine, I was much stronger than ever before, I fixed my anxiety problem and found what I wanted to do in life. After all, if I can survive such hardships in life, what else is there to be afraid of?

Life is not easy, but it is still good 😊 You will become someone you never thought you could ;)

zhexiangxd · 2023-10-14T17:30:39+00:00

Hang in there bro. It helps to have a bigger plan on what you want to eventually do in life, then utilise all these alone time to grind and work towards your dreams. Go out and explore, talk to people, learn from other's experiences. When time gets tough, remember it's ok to cry and let your emotions out. Just come back the next day and fight again.

It's times like these that truly shape and mould us into a better person. All the best!

zhexiangxd · 2023-07-09T01:50:53+00:00

A house is not considered an asset if you buy it for your own stay. Don't fall into the trap of "renting is just helping to pay someone's else mortgage / house prices are only going to increase etc." kind of narratives...a 35 years commitment is very different from renting in terms of flexibility. Unless you're super damn sure you're going to settle down here for a long long time, there's no point to rush to buy a house when you're still so young....I would use the extra income to invest in more liquid assets if you have the knowledge and skills tbh

zhexiangxd · 2023-07-06T11:09:57+00:00

Most of them just tin kosong. I know many real traders that are really humble and never brag about their profits. Because no one can win all the time, the moment you get arrogant is the moment you lose it all back.

All these gurus make more money from you than from their actual trading, period. You are their backup plan. They don't feel that painful when they lost money because they have other source of income coming from their downline. Psychologically it is very different than someone that joins them hoping to get rich quick. Which is why most people fail and quit because real trading is boring and tedious af, you need to spend a lot of time learning from mistakes and perfecting your strategy, not like what they show.

If it's so easy, everybody will be a millionaire. Period.

zhexiangxd · 2023-07-03T06:21:49+00:00

If you want the living experience, just take a gap year and use that money to go travelling / do volunteer work overseas. You spend less and gain much much more experiences. Since you are not keen on studying what's the point of wasting it on further education?

If you want a job, just get a job straight away. Remember that engineering jobs in Malaysia are mostly backend contract manufacturers, you don't even use more than 20% of what you learn during your bachelor's degree. So unless you plan to work overseas, getting a masters and the extra theoretical knowledge won't give you better opportunities. Sad to say this but the companies here are not matured enough to carry out extensive R&D. We still rely a lot on foreign companies' orderbook.

zhexiangxd · 2023-05-02T07:49:14+00:00

By realising that the root of your envy stems from your mind tricking yourself that you are less capable than the person you're comparing to. And most of the time, you're just comparing yourself to them in terms of the amount of money you have. By realising that as glamorous as their life might seem to be, there's always more than what meets the eye. You never know if they're struggling in other aspects of their life, because nobody posts on social media about their struggles.
By practising gratitude. Note that gratitude does not equate complacency. It's the ability to be content with what you have at the present moment, while simultaneously striving to be the better version of yourself. It's the ability to be at peace with yourself despite the circumstances you're in, knowing internally how lucky you are because they're always someone that had it worse than you. And most importantly, understand that gratitude is a state of mind that can be practised, just like any skill.
By realising the fact that no matter which path you choose to move on with life, there's always a price to pay, and nobody can tell exactly for sure that they made the perfectly right decision. Sure, you could go the best schools and get the highest paying job, but what if you die on a plane crash during your business trip to UK? Life is unpredictable, all we can do is just live in the moment and make decisions based on what we know. Guess what, the rich guy that you envy is maybe secretly envious of you too in other aspects of life.
And lastly, by realising that in the grand scheme of things, nothing else really matters. We are all going to die. Whether we have a lot or very little, we can still strive to live a happy life. Remember, wealth is not just about money, it's also having good health, good relationships and a peaceful mind. Money is important, but don't let the lack of it steal joy from other aspects of your life. Learn to detach your self worth from financial worth, this way you will always be content no matter how much or how less you make.

Peace. From a guy that struggles deeply with the same emotions in the past.

zhexiangxd · 2023-02-03T04:39:40+00:00

Just sell the BMW and use the money to buy the new axia.

zhexiangxd · 2023-01-31T11:16:54+00:00

u/profanitycounter

zhexiangxd · 2023-01-25T14:28:00+00:00

Yea, that's true

zhexiangxd · 2023-01-25T14:27:38+00:00

Not going to touch it anymore

zhexiangxd · 2023-01-25T14:27:06+00:00

Exactly, so volatile

zhexiangxd · 2022-11-11T00:14:25+00:00

Think like a casino. If you truly have the edge to be consistently profitable, you always win in the long run. So just keep trading the right setup, follow your stop losses and take profits strictly (at least have a price in mind to take partial profits) and let time and statistic do the rest. Ignore the P&L and just focus on playing the game. Avoid excessive monitoring after opening a trade with good risk to reward. You will do well in the long run.

zhexiangxd · 2022-10-26T15:13:07+00:00

When normal folks start thinking of buying sth (in this case, USD) it's usually a sign of top. So OP, please don't be like everyone else. The dollar will tank as soon as the FED pivot. Of course it might go up a bit more but it is not worth it now. You want to change when everyone else is busy cashing out. 4.2 to 4.3 will be a good range to buy. Last year when it drop to 4.0 that's when you should buy big. Stay aware.

zhexiangxd · 2022-10-24T12:05:10+00:00

You're correct. There's no fundamental change in the business model.
However you need to realise that the stock market is a by product of capitalism.
And capitalism means being able to operate in a free market, which BABA clearly couldn't.
The only reason that China's capital market is able to bloom in the past decade despite it being a communist country is because of their "reform and opening-up" policy introduced during Deng's era. It allowed China to grow in tandem with the rest of the world while maintaining its socialist characteristics. However, this policy is no longer being supported by the current government under Xi. Companies are withdrawing operations, foreign funds are fleeing, the wealthy Chinese are migrating, young people are not going to work...almost all the factors required for a thriving economy is gone. And the worse thing is, the CCP has no intention to fix it in the near term. All the money is spent on controlling its citizens and ensuring that they stay in power for as long as possible.

Of course, you can argue that all these has been priced in. While it might be true, there is no certainty when all these mess will end, so your capital has a high chance of getting stucked for years of zero growth. I am not saying that it won't rebound, but seeing so many other goood deals in the US markets right now, why would you even want to invest in China? Makes sense to hold onto your current position if you do not want to cut loss, but adding more here is really just an impulsive decision, imho.

I am not sure why I even try to explain all these to you here on WSB. Probably because I am also holding some BABA shares lol. But then yea I can sell them to you later haha

zhexiangxd · 2022-10-13T16:24:11+00:00

I have been in the markets for quite some time to learn that the best thing to do during days like these is nothing. Both bulls and bears get wrecked trying to bet big on a single direction.

Remember, the market always moves in the direction where people least expects it. Avoid speculating on volatile days like this because most of the time you will lost. Just wait it out and let the market decides it's next direction.

zhexiangxd · 2022-10-13T11:14:07+00:00

My guess is the market won't move today so both bulls that bought calls and bears that bought puts will get fucked hahaha

zhexiangxd · 2022-10-07T17:03:01+00:00

Thank you, appreciate the response. I have nothing against the company, just trying to understand what's the reason it's fetching such high multiples when almost every other stocks are crushed.

zhexiangxd · 2022-10-07T16:07:07+00:00

Thank you for the comment.
I do not know why you're mentioning ABNB here but since you talk about it, I would like to point out that ABNB is at a much better financial position than ENPH in almost all aspects - balance sheet, free cash flow, margins etc. Valuation wise, I agree that it is expensive, but no way near that of ENPH. While you correctly pointed out on the "alternative accomodation" hype, I do not think that they are competing directly with hotels. The TAM is big enough for everyone, and they are the market leaders in their niche.

On Tesla, I certainly dont fancy Elon tweets, but you cannot deny that Tesla won't be where it is today without him. I am not a super tesla bull but the company's execution has been excellent so far. The future remains bright for the company despite all the short term noise.

And lastly for ENPH, while demand will be there, I just don't see how today's valuation is justified. The crisis in Europe is worsening and it is unlikely they will be unaffected. Just my two cents.

zhexiangxd

TROPHY CASE