With rising inflation and interest rate, the stock market is not doing well, so does Muni, to my surprise, muni closed fund was down drastically. 在日益增长的通货膨胀和利息之间，股市现在做的不好，包括muni, 对利息的敏锐，下降得很吓人。 The growth stocks are doing so bad, which is understandable, people take less risk and economy would fall into recession. People are scared 成长股尤其差，可以理解。人们不愿意冒险，经济有可能recession。大家都害怕了 But I found someContinue reading “The investment world is changing，dividend needed”
US stock market seems to rise so well, such that people start to forget how it feels when it crashed last year. 美国股市最近涨的太好，以至于人们忘了去年股市大跌的惨状 Are we … Stock market is going to crash? 美国股市要大跌了吗？ Turned out the muni market is not doing well when rate is on the rise. The nature of the fixed income isContinue reading “Stock market is going to crash? 美国股市要大跌了吗？”
US stock market seems to rise so well, such that people start to forget how it feels when it crashed last year. 美国股市最近涨的太好，以至于人们忘了去年股市大跌的惨状 Are we going to ride like this forever? The answer definitely is No. sp500 now sits on a dividend rate 1.3%, lower than dot.com bubble peak, the price level certainly is notContinue reading “Stock market is going to crash? 美国股市要大跌了吗？”
After I posted a while back on recommendation of Muni, it has been 4-5 months, Muni is indeed doing well. The PIMCO closed-end muni funds have generated monthly cash flow for me (roughly 5% tax-exempted return) and some of them have quite a bit price gain (> 10%). e.g. PNI, PYN and PMX. At theContinue reading “Muni is doing well And ARK is not”
川普是最后一位民选总统 Today is the last day of Trump’s Presidency. Wish him and his family the best! We are lucky to have him and going forward, we need to stand up and fight! America first, MAGA!
This is the longest dark day for 2020, and tomorrow the day becomes longer, every day, non-stop. Will the America be saved? Covid-19 not only brought us economic crisis, also shows how our democracy is at risk. The politicians, globalists and big tech, media have gained so much power and aggression, they rather choose toContinue reading “Will the America be saved”
高收入者的被动收入的法宝-封闭式地方债基金 I came across the closed-end muni in Sep and have started purchasing for 2-3 months. In this historically low interest environment, I believe it has provided high income earner a good alternative of tax-free cash flow monthly. 我在今年九月接触到封闭式地方债基金，并且这两，三个月都在购买。在利率历史新低点的， 我认为它提供了高工资人士一种免税月付分红。 Why Muni? Municipal bond’s income is tax exempted at federal level and state level ifContinue reading “Closed-End Muni as a Passive Income for High Income Earner”
拖家人的福，投资🐶去学习了一下帆船。扬帆启航的感觉真好。完全借着风里力，看风拉帆掌舵。当帆完全吃力的时候，整个船都倾斜了，在水中滑翔的感觉太帅了。下次我再来好好学习，写写驾驶帆船的心得 Going with the family, investment-dog has a chance to learn a bit sailing. Rise the mainsail and jib, and go with the winds. when the sail captures the wind, the whole boat is almost tilted and like flying on the water with full speed. Next time I will talk about sailing in more details.