Monday, 27 January 2025

Happy CNY

 



SCB was the only bank that sent me red packets this year. I don't buy any products from bank RMs so I fully understand why I shouldn't expect to get anything from any bank. So it is nice that SCB still sends me red packets. Maybe its because of all that forex premium I have been paying whenever I buy US$ to DCA my ETFs

 

Hope everyone has a great CNY. There was some volatility in the stock market with the biggest one-day rout of Nvidia shares in US history so I bought some VUSD and more US stocks last night.

 

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As health=wealth and I always eat too much during reunion dinner. I did a workout in the afternoon to burn some calories and it felt easier than normal, probably because I was well rested. The nett result is that Garmin thinks that my VO2Max has improved and that I am now in the top 5%. It will probably drop shortly after this since my workouts usually aren't as good after a day at work.


 



3 comments:

  1. Why would you still use SCB for the forex then? IBKR offers almost market rate. If you are concerned that your IBKR portfolio gets too big, maybe considering doing forex in IBKR and then transfer USD out to buy on SCB? Does this make sense?

    ReplyDelete
    Replies
    1. I don't think its possible to transfer USD directly from IBKR to SCB. Another way that some have done is to buy on IBKR and transfer some counters to SCB.

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  2. And I admire your courage. You really believe in "BuyafterCrash"!

    ReplyDelete