 All right, good evening every one of you if you can hear my voice Okay, let me know which country are you tuning in from if you are tuning in from Malaysia Then give me a smiley face if you are tuning in from Singapore then give me a like Loud the kind of face. All right, or if you're from other places, okay, maybe you can give me a hug Okay, I know in Facebook. There's a lot of Emoji that you can make use of okay from Singapore great to see you. All right I can't see your name. Maybe you just need to Enable stream yard to capture your name so that I can really really interact with you better now I can see people are streaming in slowly. I just want to make sure okay I'm also checking all your comments as well now Let me go to the next level all star Facebook group if you have not joined next level all star This is where we actually really share a lot of different content be about investing It's our business building feel free to join our Facebook group. All right, and right now It's also live inside the Facebook look now. Let me just check Okay, good. I can see all of you here as well. So it's good me. Okay, good me I can see you from my phone that it's you from Singapore. Good to see you. All right Yan Ken is here as well. Thank you. All right Winston. Hi good. Good evening. Good to see all of you Now let's get ready to get started in the meantime. I just want to make sure I share the right link to the To the different telegram channel. Okay for myself. I also have my own telegram channel You have not joined then just a check on the banner below. Okay, it's scrolling You can join my telegram as well because I actually post a lot of my own personal investment insights as well So let me just post it inside the telegram so that everybody can come in Alright, just a minute Okay, okay We are ready to get started guys now. Let me ask you guys this question with the recent market volatility What is your emotions towards it? Like are you? Scared or are you like excited if you are scared then type S if you are excited type E Or you are just a little bit unsure. You don't know what exactly to do You feel a little bit lost then type L in the chat. All right Let us know. Okay, because you know when it comes to investing definitely emotions will come in, right? Then the the the beautiful part of that is like how can we and control our emotion better? And how can we make really sound decision? Alright, so that we can become better investor So I can see some of you are a very excited of many of you are excited All right, some of you are a little bit lost as well Sondra. All right, Gary Gary is excited and lost at the same time. You don't know whether should you tap into this opportunity What is this Facebook user say sell panic already? Okay? So you are a little bit scared so you want to sell away in case the market keep on compete coming down capital allocation All right, fantastic. Now. This is exactly what we want to talk about tonight which is about the market condition right now and I will share with you my personal views as well, but I think it's also Very important that you don't take my my personal view for investment advice Okay, it's very very important that you understand. What are you doing? It's very important to do your own due diligence as well Okay, everybody please type D y o d d in the chat. Okay, make sure you do due diligence after our sharing continue to read out more continue to form your own Investment pieces. All right, because at the end of the day is your own conviction You have to make sure you study enough so that you have the peace of mind to invest All right, even despite our volatility like this D y o D y o d d stands for do your due diligence All right, I think Jeffrey is like what is D y o d d now. Let's get started. Now. Here's my slides Let me know if you can see my screen Where's my slides? Oh, okay. Maybe I'm just I'm just gonna share entire screen so that for sure You will be able to see my slides. Okay. Hold on. Here it is. Are you able to see my slides? Okay, if you can see please type s in the chat. Okay s stands for see So let me know. Okay. I know there's a little bit of lag, but it's okay Okay, I'm just going to wait for your reply as well. Okay. I can clearly see that you guys are able to see my slides as well So is this a market crash coming in or in fact? Maybe it's an opportunity. So let's go and really look into some of the news that has been affecting the market actually seems since about a few weeks ago The market has been dropping and for about close to five percent So is this the start or maybe it's just some temporary pullback now? Let's really take a look now. The first thing is what are the news happening? Okay? I'm pretty sure all of you guys if you're making investing you will definitely have been heard of these news Right, like which is the China Evergrande crisis They are thinking that it could this be the the similar situation that layman brother actually had you know back in 2008 and that's why investors are very fearful They are afraid that because of the crisis that China this company is facing right now It may impact and triple, you know that that that impact will rip us down to the rest of the world global economy Right, and that's how causing some uncertainty in the market right now. And then on top of that Apart from the China situation, okay? recently we also have this This meeting okay from the Fed and then they are suggested that you know in the coming months They may start to reduce alright There are there are 120 billion dollar every single month in terms of their treasury as well as their mortgage back Security purchase program. Okay, and the reason why are they doing this purchase program is because since last year Okay, in fact if I'm not wrong from May onwards They have been doing this every single month so that to inject liquidity into the market so that when they purchase it Okay, it's also easier for the banks to the the interest rate or also remain low And that's how it really encourage economic development because when interest rates are low It's easier to borrow money and that's how yeah, it's easier to do business as well So they really want to make sure they spur up the economy by doing some monetary Policy to this. Alright, so right now with the economy situation Getting more and more certain and that is why they are Thinking that a maybe it's really time to start reducing right the repurchase the purchase program Because every single month they're basically spending 120 billion dollars which is a lot of money So on recent Wednesday, they just signaled that a these could be happening and interest rate may begin to increase Okay, and that is why the market is also having a lot of fear right now And in fact, uh, this is called tampering. Okay, so they do see that this tampering may coming and uh, They also think that this tampering buyback notice this purchase of the the securities may end Okay, during mid 2022. So right now it's uh, uh, September so it's about maybe another nine more months before this whole program will end And and the reason why they want to do this is because if they continue to do that Okay, it may cause other economic situations that they cannot foresee right now because right now the economy situation They are still recovering and that's why they want to make sure they add in some liquidity to help the economy But if they keep on doing that while the economy is pretty good already It may cause another economic situation and they don't want to happen And that's why they are thinking of tampering and slowing down the tampering process So for those who are not aware of uh, what is this basically it's federal open market community FOMC And they're the community that decides how to manage the monetary policy So they are having a meeting right now. This is not concluded yet, but they are suggesting that this may happen So as a result because people are fearful that interest rate may hike when interest rate increase that means, uh, It's harder in terms of it's more expensive to borrow money So when it's more expensive to borrow money businesses may may tend to slow down It will also eat into their net income their profits and maybe it will also affect the earning per shares of the business So as a result, okay investors, they are always forward-looking right? So they think that oh something you know Like the business may not earn as much money as it before as as it used to be and that's why the stock price should come down And that's how uh during recent times, okay, there has been pullback Okay inside the market bs and p500 you can see that or maybe the the qqq You can also see that there's certain pullback now Uh, it's a okay or bigger correction is on the way. Yes, very good. So e-mail is asking. Oh, is this um Like is it uh, is it just like a temporary thing or is it gonna be a bigger correction? Now, this is exactly what we are talking about tonight, but before I share view my answer What do you think is it temporary if you think it's temporary type t Or if you think that something big is going to happen then type b in the chat Okay, let me know if you think it's temporary type t or if you think something big is happening Okay, maybe it will really trickle down to a lot more Uh economic crisis then type b in the chat b stands for bigger. Okay t Okay, Steve think that it's big Uh Xiao Mei think that it's t Winston think that it's temporary as well Nick as well Yongjing Okay, so I can see more of you are thinking that it's temporary Right and some of you are more cautious who you want as well They're more cautious and they think that something big probably can be looming So it's not uh very particular in terms of the sector if something big for tech is going to happen now Very good. So firstly, let's take a look at some of the news that you can uh find it out there All right and and in tonight in particular We are also talking more about the us situation of course in china with with the evergrande Crisis, it's not definitely not something that can be settled pretty easily But if you look at the impact on the us right firstly, we are going to take a look at later But let's take a look at the f o m c. They are talking about slowing down the tempering Firstly, why they are doing that is because There are certain preconditions the first precondition is the us drop growth True september it must be reasonably strong So what does that mean is if the economy is recovering well Then they will start to slow down the tempering Okay, and of course if the economy is not recovering well, you know the the september the uh based on the report Okay, which is going to be released in early october the non-farm payroll report Okay, if the non-farm payroll report is very bleak It's not good that of course this tempering process will not slow down Right. However, if they think that hey, this is pretty decent Then they will start to do the slow down process. So if you think about it Actually, it's pretty good right in a way that if the economy is pretty stable pretty decent Then they will slow down the process. Then isn't it good? It shows that the economy is indeed recovering It's pretty indeed. It's indeed pretty decent and pretty strong Right. So and that second thing is they are also saying that it's not going to something that it's immediately to increase the interest rate Okay, they will only start to do that after they have really really kind of Complicated okay, complicated the program, which is the tempering program Before that, okay, they will not okay before that they will not suddenly increase the interest rate So in this case, you can see that, you know, the Fed wants its purchase of treasuries of the mortgage back securities Which is the tempering program that they're doing right now to end Before it starts lifting borrowing costs which is interest rate so They expected that the tempering program will end Meet of next year So it will not be so soon before the interest rate actually start to increase And I also don't think that the Fed will be so like out of sudden want to increase the interest rate back a lot So it's gonna be a like a gradual process And if you think about it back in 2008, you know when crisis happened economic crisis happened This tempering process was also there. All right And slowly gradually they also slowed down the tempering process to eventually of course stop because the economy has recovered Right. So if you think about it, the market has actually increased by a lot Okay, despite of the tempering process happening back in 2008 So this is the first thought that I want you to start thinking about which is long term. Now, how about the second news? The second news is okay The second news is china's evergrand Say that do you reach to a vote default on kibon? Okay so what does that mean is They say that okay the the issue is not as big but of course we cannot Take it as it is but if you think about if your majority of your portfolio is inside the us Actually, the fact even said that you should not view this as a preview that could happen with other operations around the world So this situation right now is very particular seems very particular to china All right, so it should not distress Or other countries, especially the u.s So even the fact says that it doesn't does not appear to pose a risk to the major u.s All the chinese banks as well. So in the case the u.s Government is saying that hey this issue this this crisis is not really going to affect us And if you think about it this particular situation, it's really more towards the china economy side the china debt borrowing side So it really doesn't affect us that much. So if you think that this may Impact us actually it's not so much. So you don't really have to worry about that So that is why if you think about short term In the past five days in the past, you know, maybe two weeks times the market is volatile, right? Dropped by a few percent. However, once again, like I mentioned earlier if you think long term enough Okay, even that in 2008 when the crisis happened Again and again the market just keep on going where guys Where is the trend that you actually see despite of so many crisis that we have been through before and with airy crisis Okay, definitely there is a tempering, okay But then tempering will also eventually stop because the economy situation also recover, right? But after so many years the market just have one single direction and it's very obvious It's going up, right exactly. So william also said going up, you know Yeah, so if you have the long-term thinking then why should you be afraid of investing? Especially if your horizon is long enough, okay So if you understand the process of really having the importance of cultivating long-term thinking Please type LT in the chat, okay And once you have the long-term thinking right actually investing become so easy really really it becomes so easy because It's very hard not to make money from the market if you are long-term enough if you look at S&P 500 For the past 16 for the past 10 years for the past 10 years Just buy and hold on to S&P 500 your analyzed return Will have been 16% All right, and of course occasionally certain years did better especially since last year 2020 all the way to now This that last year is tremendous, right? And that's why S&P also increased by a lot, but in general we don't take that That last year as a as a as the case that be every for every single year definitely not the case However, if you just stretch your horizon long enough every single year annualize it is about 15 to 60% Pretty pretty cool, right? How how many of you are happy with 16% return? For the next 10 years, okay every single year is a compounded as well If you are happy, please type me in the chat, okay So this is the power of when you invest long-term now Let's take a look at another ETF right because this is S&P 500 the top 500 companies in the U.S Then how about uh tech focus tech focus uh nest egg qqq? And this is qqq return now. Let me see uh go back to the group I just want to make sure you guys are able to see it Okay, you can see right. Yeah, it's happy better than cpf Hey, do you know that with cpf right now? It's actually possible to invest in Uh a fund that tracks S&P 500 So the fees are very very low, but at the same time you basically can invest in spy Using your cpf How many of you would love to know that if you would love to know that right? Please type cpf in the chat. Okay type cpf if you want to learn How can you actually invest in S&P 500 in a very very safe manner and you can grow your cpf money as well And what can you use cpf? Eventually, maybe you can use that portfolio that you you earn from your cpf income and to buy a house Okay, very good. Okay, so many of you. Okay, of course. This is not something that I'm going to talk about today Maybe uh two weeks later. Okay when I go online again I will definitely prepare content that it's uh, since a lot of you want to learn how can you invest in spy through cpf I'm personally doing that already. I and I think it's a really no brainer way of Better utilizing your cpf than just let it seek a seat inside Which also not bad. Okay 2.5 percent But like of course you can do way better than that which is like 16 percent if you just have a long-term horizon now Let's take a look at qqq right, which is another etf if you have been following my telegram channel You will know that uh, I personally do options on spy as well as qqq as well But even without doing options, you can see that the 10 year average return for qqq Is 22.8 percent close to 23 percent, right, which is uh way higher way higher than s and p 500 So that is why if you believe that the future economy will revolve around tech Then you can even consider just buy and hold on to qqq as an etf And in fact qqq stock price has shot up tremendously Even more way more than spy If you just buy and hold okay, and and how many of you believe that in the next 10 years Tech will still be around and they will actually be also the key driver for the economy as well if you believe so please type tech in the chat and the beautiful part about Investing in etf as you don't necessarily have to nitpick certain companies, right? Because let's say s and p 500 the top 500 companies in the us your apple your facebook your microsoft tesla everything is inside But one day if one of them are not doing well, let's say for example if For some reason apple no longer is that apple that we know today It cannot catch up with innovation people no longer want to buy apple So the the earnings start to decrease and eventually apple become A not a powerful company anymore and will get kicked out it will get kicked out by s and p 500 And another brilliant company will join the league right so in a way you are literally just Always investing in the best so that is a building of s and p 500 And you have an immediate diversification of portfolio. You don't have to monitor And your portfolio is still growing in a very very consistent manner It's way better than you investing in any unit trust in my opinion. Yeah, unit trust fees is so high Okay, but when you invest in etf the fees is so low at the same time your return is so much so much better Now if you look at the chart right now In terms of s and p 500 guys For those who have attended omi before, please tell me. Okay. What do you see? Do you see support or do you see resistance? Okay s or r Okay, for those who attended where my you know, okay This is the basic in terms of technical analysis And of course we teach more inside where my as well But just look at the basic support and resistance Is there support or is it at resistance? What do you guys think support resistance support? Okay Break support Ah, okay. Aaron said support as well. Hey, good to see you Aaron. Okay. Long time no see as well. Yongjing said a resistance So it really depends on actually if you think about it It's at a pretty good support And of course you can say that oh maybe right now the support previous support become the resistance And that's why you are more fearful because it could be it really could be and nobody can say for sure Nobody have the crucible so it can really could be the market keep on dropping then The current support could become the resistance level Okay, and that's why it's so crucial when it comes to investing You don't go all in at one time, right? You always invest with trenches. So your bullet Let's say you have let's say $5,000 to begin with then you don't want to invest $5,000 immediately at this level You probably want to break into let's say three tranches. Okay, $1,000 $2,000 over here if we continue to drop some more Ah, good. I can buy even more at cheaper price. And then let's say if we continue to drop some more fantastic I use my third bullet Okay, if you understand the importance of portfolio sizing and and invest in trenches type i in the chat type i in the chat Okay, partial order. Yes, very good. William also said right partial order If you want to actually you can Indeed actually it's a pretty good support. It's a pretty good support And if you want to really start investing your first trench here if you have not get started Okay, if you have already started then maybe you may not have enough bullet Then you may want to wait some more in order to increase your level of safety However, if this is the first time that you're doing it first time you're buying into let's say s and p 500 I think this is really a good level because it has really pulled back quite a fair bit from the pig And if you buy now your layer of safety is already higher And if it drops somehow you have other bullets to add in your positions Okay, that's how you dollar cost average down and overall long term guys long term It goes up, right? So if you think about it, if it long terms goes up your first trench is here At least if it really rebounds you didn't miss the boat Okay, at least you have some money already vested in the market However, if it drops some more your second bullet and your third bullets can come in and long term Okay, you just have to make sure you you have to invest in long term Then you will definitely gonna make money. Okay. It's really really simple. Now. Let's take a look at qqq What do you guys think is it a support or resistance? support or resistance for qqq Pretty obvious, right? It's actually even if you look at the technical side It looks better than s&p 500. Okay, because it's at a very near to the support level right now right, so once again You can decide to invest in qqq at a very good support level And your margin of safety is higher Right. Yeah, so near near support, right? So this is where you can consider to enter your first trunk if have not All right, and of course if you know how to do options Which I have actually talked about it again and again in my youtube channel You have not followed my youtube channel. Make sure you do it because all my content It's all listed over there. It's so much easier for you to navigate Just subscribe to my youtube channel and watch this video on the first whenever you come into my channel That will be the first media video make two million dollar with five thousand dollars It's really really doable, but of course it needs time So in this case, it's about a 10 year runway But who is happy to make Two million dollar with five thousand dollar in 10 years time if you're happy right, please type K in the chat, okay Type K why because this strategy is called kuli kaishi Okay in kuli kaishi in japanese means rinse and repeat You just need to kuli kaishi kuli kaishi rinse and repeat this strategy You are going to make money in a very safe manner But once again, it's long term. It's long term long term So yes, so you can do both options as a fraction of course as compared to you buy stocks Okay, for those who have learned omi before you will know it So go and go to my youtube channel if you want to tap into the power options This is how you can learn the first step Okay, but of course when I do my video, I can't go very in-depth Okay, this is just one of the kuli kaishi strategy that I implemented on my portfolio as well For those who have been following me You know that the strategy that ever since I talked about it during May this year has gone up 50% more than that Okay, but recently there's a certain pullback But even with a pullback it's about 50% before that is 60% up Also pretty good now For those who are very very new to options Okay, how many of you attended omi before you attended omi type omi in the chat, okay Omi basically is our three-day options flagship program really teach you step by step What are the rules that you need to pay attention to and how should you be really executing options the right way But before you come for the three-day omi program, it's also very important that you have to see it It's option something that you really want to learn and that's why we have our two-hour options Foundation class. Okay for those who are completely new make sure you can come and join me I'm conducting these option foundation class next week Wednesday Wednesday. I think it's about 7 30 p.m Yeah, it's about two hours to two and a half hour maximum So come and learn I'm going to share with you three options strategy that you can profit Okay, not just when the market go up But even during volatile time like this, you know market going down or going sideways There are okay option strategies to profit in a very consistent manner But of course if you are omi student no need to no need to attend because you already attended it Right, but this is just the foundation class and at the end of this foundation class I will also share with you some Additional information about omi. Okay, just like Henry said right omi is really Awesome like we really teach so many things inside step by step So for those who are very keen to use options to accelerate your return Join my my upcoming workshop. Okay, rebrand.ly slash ois workshop just register It's happening next week Wednesday evening Now, okay, but some of you right 10 years in. Yes, exactly. Yeah so Now some of you are very new to options or maybe you have not heard of options before if you're new If you're new, please type new in the chat. Let me know if you're completely new I can totally understand that you will have not come you have don't have confidence to enter because Just imagine I asked you to try something some very exotic food. Maybe you also still scared right? So it's the same thing when it comes to investing if you're very new especially to options Then you may not have the confidence to get started using options Don't worry. Whatever things that i'm sharing tonight. It's applicable even though you are a complete beginner guys, so for those who have some experience already If you want to tap into the power of let's say the right now at good support very good level to enter Apart from doing options. What else can you guys do? What else can you do if you don't want to do options? What else can you do guys? Okay, for those who have to attend the omi. What do you think apart from doing options? For those who are completely new. What else can they do if they don't know anything about options because they need to attend A foundation class first also. Okay, if there come CFD No, no, oh my god, it's by shares. Yes, exactly. I am nick also another CFD No, I don't do Yes, okay, you can buy shares Okay, you can buy shares and the beautiful part of investing in us market in particular Is you don't need to buy hundred shares. You can start with how many shares guys in us market. How many shares? One share Okay, for example, if you remember just now s and p 500 is about four hundred dollar You can already start investing with just four hundred dollars So investing is so the entry of level is so low Okay, as compared to let's say you want to buy property as easily if you buy in singapore what easily a few hundred thousands but investing in us, especially you just start with like Actually hundred dollars also can because there are certain sources that's a hundred dollar For example, recently johnson and johnson actually dropped quite a lot for those who want to check it out You can check out john j and j it really dropped to a very nice level and j and j is a very very stable solid leader company in especially in the pharmaceutical industry So hundred dollar you can buy j and j. Okay, let's say you want to buy etf Which is a safer way of investing because an instant diversification huh, then it's only like Four hundred dollars five hundred dollars. You can already get started, right? So jack like say buy factional share, of course you can do that But well, I think to make it easier for beginner to understand just buy one share Okay, how many of you have five hundred dollar if you have five hundred dollar type five hundred in the chat Okay, and then you can really get started investing in in in s&p 500 or like like qqq and that's how you can tap into This current opportunity the market is giving you right now, but of course also very important is my advice is Don't just invest with five hundred dollar. Okay, because you need to make sure you compound your wealth All right, you need to make sure you compound your wealth So if you forever just start invest with five hundred dollars and you just stop there You are never going to get extremely wealthy even though your five hundred dollar can be like Like 10 x up. It's only five thousand dollars. Okay, however, if you are continue to Continue your investment journey every single month. Let's say you invest five hundred dollar Then over time your portfolio would become really really meaningful Okay, how many of you want to have meaningful return type m in the chat If you want to have meaningful return and can that can truly give you the lifestyle that you're looking for For your family for yourself time freedom financial freedom, then you need to invest more money Okay, inject. Okay, everybody type inject in the chat continue to inject money inside your account Don't just stop at five thousand dollar. Don't just set a stand ten thousand dollar Whenever you have money from your salary certain amount of money saves really save a planet aside and fund your account The more that you do it the better like of course you need to become a good investor Okay, don't anyhow squander your money away. That's why you come to OMI to learn as well and then you invest properly investing is really So safe. Okay, as long as you do it the right way Long-term it's a it's a sure way to make money. I'm very very safe way. Okay. Very good. Very good So what is the best way? Okay. Shannon is asking. So it's the best way to purchase QQQ Okay, can can you buy a world ETF using options? Okay, I've never heard about that before but You have to be paying attention to Because not every single ETF have options Firstly, you need to check whether does it have options or not? And even though it have options It may not be very very optimal to use options because the open interest can be very low Okay, so you just have to pay attention doing OMI We will actually share with you some additional criteria If you were to actually invest using options to accelerate your return now very good So now let's answer Shannon's question in terms of what is a best way to invest using Using like let's say you want to buy QQQ and stuff. So right now, let me just share with you So definitely you can use many different brokerage platform. So for me, okay I have been using okay. Let me before I share with you the brokerage platform Firstly, like I mentioned, you can buy shares, okay Because just by buying shares for the past five years Your return will have been 100% more than that in fact So every single year your annualized return is more than 20% Which I know it's a very very good return to most beginners who have not even thought about investing This is way better. And that's why really get started. The most important thing is Get started, right? Do yourself a justice Get started investing. That is the most important thing. And what brokerage platform to use, okay I personally been using Thinkorswim, but I also know Thinkorswim. I don't know why They take forever to open right now I'm not sure how many of you try to open TD Ameritrade during the past few months In fact for past one year It takes like at least two months to three months to even open an account And that is why right now I just feel that okay I don't want you guys to wait two three months to even get started investing And that's why I think speed is very important Especially with market giving you such a good opportunity right now And for those who are joining OMI doing this weekend In fact tomorrow we are having our three-day OMI workshop our flagship program For those who are joining If you have not gone and opened your account Make sure you go and open an account But don't open TD because it will take two three months before you can open an account And that's why for me I personally think that you can consider using Moomoo Because Moomoo firstly it's a very very user-friendly platform I personally also have started using some of my money inside as well In fact, I just helped my dad to get started using Moomoo And I realized that wow it takes so fast It's like within a day his account get approved And then on top of that We funded his account within the same day as well So it's super quick For those who really want to tap into the current situation The market opportunity is giving you right now Really get started as soon as possible By opening an account and fund your account And so that you can start investing And right now right for Moomoo They even have promotion So what kind of promotion do they give you? They give you extra $88 If you fund $2,700 And guys $2,700 It's so little when it comes to investing Like I mentioned earlier inject more fund The more fund that you invest right The better quality companies that you can select And on top of that you can really do more option strategy But more importantly you need to make sure you come and learn how to do first But if you don't know anything about options Buy shares remember just buy shares Buy QQQ buy SPY Start accumulating them You are going to get wealthier And on top of that right right now you fund $2,700 They give you $88 for free They will put that $88 inside your account So you already get free money even before you get started investing So for those who are who have not opened Moomoo account before Then you can use my link rebrand.ly slash Moomoo account Maybe somebody can help me just type this link inside the chat as well And one more good thing about Moomoo is They do want to encourage you to use their platform So if you actually execute five trades They even give you a free Apple share How many of you want to have Apple working for you If you want to have Apple working for you Please type A in the chat And this is how you can do that By owning the share of the company When you own the share the CEO is working for you And that is the beauty of investing Really when you invest in great businesses All those top minds CEO top brain They are helping you to make money And they are working very hard for you to grow your wealth And that's why I highly highly Really cannot stress enough Start investing You are going to get wealthier You just have to make sure you select the right company If you don't know how to select Come to our foundation class I'm going to teach you as well Doing OMI of course we teach you much more in that Come and learn And if you know how to use options Which Mumu can do options as well You can accelerate your return so so so much faster So okay thanks Henry so much for helping me to type in the link So all you need to go in the link And right now by the way this offer is not forever This $300 worth of gift It's for you if you decide to fund your account Which is $2,700 only By 30th of September So you still have about one week to go But remember Like I mentioned earlier I help my dad to fund his account Like open account To funding account within a day So you will have more than enough time More than enough time to do that But of course you don't wait until two last minute Until the offer expire Then you of course you won't get your $88 You also won't get your Apple shares So all you need to do is to make sure If you want to apply right now And then fund your account Next day tomorrow you will have already gotten your account Then you can start investing Okay you start investing So what kind of stocks you can invest Okay for provider Okay how can you get free Apple share You need to place five trades You need to place five trades That means you need to buy five things Or you maybe you buy sell buy sell But I don't recommend buy sell buy sell Because we are talking about long-term investing right Buy and hold is the best So guys from my sharing just now What do you think you can start investing What do you think you can start investing Yes okay for see you enough For the first 180 days right It's commission free So if you are concerned about There's commission free everything Actually for the first 180 days It's commission free It's completely free to buy shares Okay and that's the beauty of it They basically want you to try out the platform To see whether you like it But for options There is a charge 65 cents Which is the same The same as you using TD Ameritrade So if you talk about the first few months The first six months it's the same Right the fees that you have to pay To TD for options It's the same as you still have to pay for Moo Moo La But shares is also free Okay different account can use same A bank account and fund Okay Jing Kai when you open I think so I think so But you need to make sure you open a different Using a different email address Okay because they will recognize you By email address So it's very important that You need to make sure you If you want to get these bonuses Through my link Then that's how you need to Use another email address to do that Okay that's how you can Able to get all these bonuses I just mentioned But you have to fund your account $2,700 Within by 30th of September Okay so any more question Buy some Facebook Ah actually me too I bought some Facebook And in fact tonight I'm going to buy some more Like legit legit I really think that Facebook is a very very strong company Super strong And right now the stock price just started dropping Because there's a new thing that you know Apple issue privacy Effect Facebook and everything But I think long term Facebook has a very very strong economic mode I'm not worried And right now the stock price actually dropped And it's a good time to enter And of course Always do dollar cost averaging Right enter first challenge over here And then like if you drop some more Then buy some more right Of course you have to make sure you do portfolio planning Okay don't all in Facebook Is going to be very generous Because who can say for sure that Facebook Is going to be around for the next 10 years Right so you just want to make sure You diversify your portfolio Invest in something like Just now we talked about QQQ You know SPY For sure it will be around Because it's made up of the top 500 companies And top 100 companies in the US Alright so what is the transaction fee For Moomoo per share After 180 days This one good question I think Google it Google it I have not checked that out yet But it's a very good question But if you want to Okay within 180 days If you are happy with the return Well then you can consider to stick around Okay but the thing is For TT and Maritime One good thing is They do not charge for buying And selling of shares Okay but for options It's still chargeable By 65 cents the same as Moomoo US, China, SG, Malay Yes you are right So one good thing about Moomoo is It's international So you can even use Moomoo to buy Singapore stocks Hong Kong stocks Or can Okay I think for China It's also possible This one I need to confirm But Hong Kong, Singapore for sure can Yeah so that's the beauty of it So close to Okay so Kenny has answered $2 Just drop due to news articles Facebook All right Okay but do due diligence Ah yes make sure you do that Okay so well people come and go CTO step down American Coy Okay yes All right thank you so much Harry For helping me to put in the link again All right so is it safe to put money It's basically regulated by MAS So if it's regulated I think it's there is There's definitely a layer of safety But if of course if you're not too comfortable Putting a lot of money Then maybe you can get started with $5,000, $10,000 I think that is for sure No problem No problem Yeah maybe you don't put $500,000 if you're not comfortable with Okay but it's also good that If you can use Moomoo to invest in international market Okay with the recent bad news of China Could be potential opportunity For you to invest in some great China companies Or if not buy China ETF Also possible Right At least you can invest TD you cannot invest in China And you can only invest in US with TD Ameritrade Okay pre-market is already up Good news Yes Okay so William Because it's regulated by MAS So they do have certain regulations Rules and regulations that need to abide by Yeah Okay so that's all I have to share For those who have not joined my telegram channel Then make sure you do so Because I do have some exclusive You know investing insights of my own I post very often in my telegram channel as well And on top of that for those who want to Attend my upcoming next Wednesday Options Foundation class Okay because at the end I will also be sharing about OMI So if you want to join my telegram There's some additional discount Okay just for my telegram followers as well So join my telegram Then you will understand how can you get Additional discount Okay that you can't get elsewhere Okay so back by 10 cent Alright yeah 10 cent is such a strong company For some reason it's just dropping Because with the market The sentiment right now in China But I think I'm really long-term Very bullish about 10 cent at Alibaba And I think for those who have not invested in You can really consider to look into them Okay and yeah that's it Okay so remember If you want to get your Mu Mu account set up Make sure fund $2,700 So that you can get the bonus If you fund less than that You will not be able to get $88 And yeah I believe if you have the funds to invest Actually $2,700 is the minimum In order for you to really buy meaningful companies So eventually if you want to do options That is the sum that you definitely To require to get started your investment journey So make sure you fund it So that you get $88 for free They will put the $88 inside your account And then on top of that You will also have free AppleShare So this is basically my own account Because recently I also want to try out Mu Mu So I basically bought five Facebook shares And the moment I buy Oh the market started to drop Okay I also don't know why But it's okay long-term right So yeah so I didn't fund a lot I spent about $5,000 SGD only And because I transacted five times I basically buy Facebook shares five times So that I can fulfill my five trades And then I got my free AppleShare So this is my free AppleShare Which is quite good It's $300 worth of gift Just by funding and really buying to great businesses I want to own anyway So I'm okay All right So can we still long call If IV is very high Okay very good So if you are thinking about doing strategy X All right Then it may not be You need to be careful Especially the IV is quite high However it could be a good time If high IV right You can do the other strategy called boss Because when high IV when you sell You collect more premium All right So if you forgot about it Then make sure you go and revise your OMI Okay So that's all I have to share Okay Hope you guys Okay did you enjoy And what did you learn from this lesson Okay what did you learn from this sharing today Okay type in your greatest takeaway From this sharing And we can all learn from each other All right It's very important that you type in your Your own lesson So that you crystallize your learning better And you can also see what other people are learning From this Okay so we can all learn from each other's Most important lesson Okay So can we say sell pool Yes exactly When IV is high Kenny is a very good student He understand the importance of You can use the reverse Being a seller All right So that's all I have to share Let me know your lesson What's the greatest takeaway that you get from this Okay let me see Yeah All right Start investing Cheer up Top model student Exactly start investing It's never too late to start If you regretted not starting Last year When COVID-19 happened Then don't regret anymore Start investing just accumulate Buy good businesses Buy great ETFs And think long term You are going to be rewarded tremendously And of course if you know how to use options To accelerate your return That will be even even better As well All right So what else Know what are you doing Otherwise you will be gambling Very good Very good Dory fantastic Stay invested Stay safe All right Buy for long term Buy and buy Yes buy and buy For good businesses Good ETFs Open Moomoo And get Free $88 All right By 30th of September by the way Okay So thanks for the All right Sign up for Moomoo Okay that is your greatest takeaway Sign up Then start investing Yeah that's very good Long call on QQQ Very good So for those who have watched My options strategy Kuli Kaishi You will know that This is what I will be doing as well All right So that's all I have to share Good night everyone Come with to see you guys In my next week Wednesday Option Foundation class For those who are very new All right If not I will probably see you in tomorrow Because we are conducting OMI Okay Every single month we do have one round OMI It's going to be very exciting I'm conducting together with Pete Oh my god I'm so excited All right So that's all I have to share Okay see you guys Thank you good night everyone Ja ne Bye bye Mata laikai Bye bye