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Asian stocks track Wall Street gains; Nikkei closes at 34-year high

9 Comments
By ZIMO ZHONG

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9 Comments
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Never made so much money in a week (I’m under 35).

very very very good time to invest.

1 ( +2 / -1 )

That's good. Once the market breaks its all time high it will go up a lot higher.

2 ( +3 / -1 )

I made the call late last year that the Nikkei would test 40,000 points by the end of '24. It should come sooner!

Anyone with a pension or investment fund should be majorly cashing in. Put everything on stocks ASAP. Everyone has the chance now to retire rich!

0 ( +3 / -3 )

I made the call late last year that the Nikkei would test 40,000 points by the end of '24. It should come sooner!

Anyone with a pension or investment fund should be majorly cashing in. Put everything on stocks ASAP. Everyone has the chance now to retire rich!

I wish it were that easy. Unfortunately one can’t really withdraw money from their pension like in other countries. I see those as extra taxes on the paycheck rather than as an investment.

i wish they let people opt out should they wish to. I’d dump all the money in stocks 100%, but that wouldn’t feed into the Ponzi schemes pensions are.

3 ( +4 / -1 )

Wow the comments... I'm sure some of you were loving the crypto/NFT craze just a few months ago. Of course, you wouldn't share with the rest of us how much money you lost, right?

2 ( +4 / -2 )

Wow the comments... I'm sure some of you were loving the crypto/NFT craze just a few months ago. Of course, you wouldn't share with the rest of us how much money you lost, right?

never bought or intended to buy crypto. And I wouldn’t even call crypto a financial product.

that being said, it’s obvious there’s risk in investing, and one needs to judge whether they can bear that risk or not. Interest rates on bank accounts in Japan are basically 0%. I keep 6 months worth of salary in cash and the rest is invested. Everyone’s needs are different.

2 ( +3 / -1 )

I'm sure some of you were loving the crypto/NFT craze just a few months ago

Bitcoin up 95% in the last year. Ticking along nicely!

-1 ( +2 / -3 )

I suggest you make money while you can but don't get too greedy. Unfortunately I was in the trenches when the Nasdaq collapsed in 2001 losing 80% and again in the Lehman shock of 2008. I saw people lose everything especially if on margin. A guy mentioned to me he was up over 800 grand in the Nasdaq and I said why aren't you retired, he said he then proceeded to lose it all. Good luck.

4 ( +4 / -0 )

The Hang Seng in Hong Kong and the Shanghai Composite index were down.

The Nikkei in Tokyo, the Kospi in S Korea and the Taiex in Taiwan were all up.

I think this is going to be a trend for next few years.

0 ( +0 / -0 )

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