Financial Journey of an Engineer

Among my friends who invest alongside me, there will always be questions regarding what are the trends to invest in for the future, for the next decade and beyond. By targeting and focusing on these trends early, we can take advantage of huge growth potential and ride on the waves to reach our financial goals earlier than we expect.  Here are some trends to invest in and potential stock tickers to keep on your watchlist, take note that these are not in any particular order or preference. Before investing in the following below, please do your own diligence. Electrification of the future Countries like China have already embarked on electrification early, and they have a huge headstart compared to counterparts like the US. In fact, they have already mandated that electric vehicles make up 40% of sales by 2040. China has already electrified majority of their private buses, taxis and municipal vehicles. The next step would be to electrify their private cars. As we have seen from histo...

I have heard of many reasons why there are some financial experts or gurus highlighting dollar cost averaging in your investment journey, like investing in a fixed amount of cash every month. Here are some reasons why DCA might or might not be the best option for you. DCA is good for the following reasons: 1. It is a form of forced 'savings', it automates your investment journey, and is ideal for someone who does not want to spend time looking or researching about their investments. This can also remove the emotional portion of investing. 2. It is an excellent form of building out your position in a stock if you feel that the stock is overvalued at this current moment, and you are not sure if the stock will keep going up or go down once you get in it (we all experience that sometimes). For example, lets say you want to build up an entry position in SE, and at current valuations it seems very overvalued according to normal market matrices. You can choose to split up the total am...