Touching to receive this award again :)

 

My words to students :)

Miss Wu’s words to Fin 3001 students

Time really flies.  I am impressed by your hard work!  I can see which groups did pay effort to conduct research and keep on asking me questions.  Some groups searched in-depth information, not only from the internet, but also through visiting / calling the banks.  Some groups have well-planned financial plan to attain their targets. 

Future Plan:  The properties price in Hong Kong is one the most expensive around the world.  In order to save for the down-payment, likely to be more than HK$ 1 or 2 million, you have to have a wise financial plan to invest your money in a safe manner.  Don’t just put your money into the saving account of your banks as deposit.  The rate of return from the deposit may not be able to cover the inflation rate – purchasing power being eroded.  The rate of return of  your capital will not grow fast enough to cover the price level increase in the future.

 

´  Story of saving money: https://www.youtube.com/watch?v=a2lv_Xl1e4U

 

For detail logic flow, check the ppt on Moodle (last Topic):  how to become millionaire?

Risk:   Where to invest?  What is the underlying risk involved?   Before you learn how to invest, you have to learn the risk management first.  How to protect your capital in time of market reverse?  How to maximize your return subject to certain level of risk?

 

Study:   Besides investment in the financial market, I always encourage students to invest in their own human capital – further study in Master program in some world class institutions and take some professional license examinations like CFA or ACCA.

 

Fin 3001 can only give you an introduction of different financial markets only.  You still have a long way to go to further well-equip yourself in different area.

 

I wish you all the best!  Chat with me sometimes when u see me in the campus or somewhere.  

Tell me your career path or investment story.  Always love to hear students’ stories.  You know why I come back to HSU?  The sense of happiness always comes from teaching and learning.  I can share what I know to all of you – my beloved students. 

二0二二 恒大 回顧

 

時間過得很快，回到恒大快一年了，三個學期完成。九月最辛苦，忙備課忙出卷。教新課程，每天改了又改ppt, 把書本理論與金融世界連在一起，加上時事大市分二析，交易故事，名人勵志名言 ，自己對一切要求太高，同時教2 modules,  忙工作忙带孩子，極度休息不足，上年年尾病了一場。 

剛剛完成 summer term, 第三學期只教一班，可以更專心跟同學交流。 把group presentation 的遊戲規則改了，同學仔更主動參予，i can see the potential of the presenters. 有人深藏不露，問題尖銳， 有同學仔是演說家，被眾人圍攻也可以幫自己解困。 激烈辯論，大家不想離開班房，直至最尾一组完成。 constraints change, students behavior will change. 很完滿的summer term. 八月休息一下，迎接忙碌的九月。  :)

Domain name for my websites

 

 

Queenie Wu Economics websites:

 

http://www.queeniewu.com 

 

 http://www.dseecon.com

 

 

 

Useful websites of Financial calculator

 

It is very useful to use the online financial calculator or the function on Excel.  Try it!

Online financial calculator:

https://www.calculator.net/finance-calculator.html

Use excel financial calculator functions:

https://www.excel-easy.com/functions/financial-functions.html

https://www.youtube.com/watch?v=0bWvbG5fN9g

https://www.wallstreetmojo.com/financial-functions-in-excel/

 

How to create passive income generate positive cashflow monthly 正現金流 被動收入

 After attending different seminars on the topic of passive income, i have some ideas on my mind. The following sources of income may be the solutions under certain circumstances.

1. Rental income: given that monthly rental income is bigger than mortgage payment n the property price increases steadily

2. Forex investment: Manual trading requires skills n time. EA automatic trading may be the solution.  Long backtesting procedure n enough capital are the pre requisites.  

3. Online courses or YouTube video: Similar nature as you recorded video once, passive income can be generated.

4. Stock investment :  Invest in some long term growth stocks or REIT. Stable annual income

5. ETF: such as SPY or QQQ these kinds of Exchange Traded Funds which have long term growth potential n low management fee. 

6. Option strategies: Credit Spread or other.

Backtesting ORB strategy

 Testing is now conducted on HSI and SP500. It seems that the result is good. The BO line is set based on the previous session consolidation zone. HSI can use the US index movement as reference.  If gap up above last night session,  together with BO 5 min candle, there is a high probability that it will go up in the opening. Must leave the market before ten o'clock.  

SP500, we can use the two hours before market opening as BO zone. consider the pre market direction as reference.  must leave the market before 22:00.

this morning,  I increased the lot size. 10 each time.  as I predicted the direction correctly,  the net profit is over 400 in an hour.  the risk is very high as a little movement will result in big gain or big loss.  

I finally settled one side of xauusd. hope it will go down a little bit.

fx is full of opportunities and risk. high risk high return.