(Image source: Jpquidores, commons.wikimedia.org)
Putting it in the stock market With the market still at a low, using the Hong Bao money collected to invest in the stock market may be a good idea, especially now that we are able to buy smaller lots of 100 shares instead of the previous 1000, which makes some blue chips within the reach of our earnings. With the share price lower, valuations ......Happy Chinese New Year :)
It's the third day of the Chinese New Year, for those who celebrate the Chinese New Year and are unmarried, you would've collected a small windfall in the form of Hong Bao money (while those who are married burn a hole in their wallet :P). Instead of blowing all our money on things that we don't need now, what should we (yes, me inclusive) be doing with this money to have the most impact?
