I Attended MooSummit 2024 As An Intern. Here's Why I Think It's Good For Singapore Students To Attend Finance Events
This article is republished with permission from Dollars And Sense .
24-Oct
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MooSummit 2024 is a highly anticipated personal finance event hosted by Moomoo. Focusing on the theme “Turning Volatility into Opportunities” this year, the event provided detailed insights into the U.S. stock market opportunities while addressing pressing economic trends.
Especially against the backdrop of the upcoming U.S. presidential elections in early November, this theme resonated with audiences, including myself - who were looking for a glimpse at the potential impacts on the global economy.
As a student and intern with limited financial knowledge, attending MooSummit 2024 was an eye-opening experience. This was also the first event I was assigned to cover as an intern for DollarsAndSense, which made it an even more exciting task.
The goal in mind was to explore the event, listen to the experienced line-up of speakers and panellists, and learn about investment strategies that we can employ in an increasingly volatile landscape.
As someone new to investing, this event was also a first immersion into an aspect of finance that often seemed complex and intimidating from the outside to many students - but (as I learned) does not need to be the case.
Upon arriving at the event, I was immediately struck by the vibrant atmosphere as the atrium was bustling with lively conversations happening all around.
For general admissions, your first stop would be the registration booth, where attendees can collect their event packs and snap a picture at the official event backdrop was a must.
The event started promptly, and the Gavin Chia, CEO of Moomoo Singapore, delivered his welcome address. He set the stage for what was already feeling like an introduction to bigger and more exciting day ahead
Eye-Opening Panel Discussions And Presentations
One of the biggest value for investors, and even students, to attend MooSummit 2024 is its engaging presentations and insightful panel discussions.
These sessions were an eye-opener, especially for beginner investors to understand the complexities of the financial markets and investing for the future. Students who choose to spend their weekend attending such events can absorb fresh perspectives and level up as an investor.
Some of the more interesting themes discussed were on leveraging on the best opportunities from AI's revolution and on navigating imminent market volatility.
Source: Moomoo
One panel discussion that stood out was “Uncovering the AI Winners of Tomorrow.” Exploring potential investment opportunities in AI, the session focused on companies that might not be as widely recognised yet.
For example, Constellation Energy, part of the NASDAQ 100, was highlighted as one to watch for its partnership with Microsoft to restart a nuclear facility for fueling AI workloads. Similiarly, SK Hynix, which is known as a beneficiary of AI, saw its stock surge over 7% in early 2024, which subtanciates its position as another key AI player.
Source: Moomoo
Another presentation that captured audience interest was Moomoo's Chief Market Strategist's keynote speech on the future of the U.S. market.
This gave me valuable insights into the events and trends which will shape Q4 2024, such as monetary policy divergence's equality to interest rates convergence and that the scene would carry elevated market volatility given current risk events like geopolitical tensions and trade wars.
And that we should also watch other sectors outside of the US such as the best performing sector XLU (Utilities Select Sector SPDR Fund ) and to look at precious metals such as gold and REITs (Real estate investment trusts) due to lowering interest rates and further expected interest rate cuts.
Such information underscores why starting early in investing can be beneficial for building a diversified long-term investment portfolio and staying ahead of key market trends.
Engaging Booths At The Main Atrium
Beyond the panels and presentations, MooSummit 2024 also offered plenty of opportunities for engagement, especially at the various booths in the atrium.
Beside the registration area, we could speak to knowledgeable representatives from global investment manager, State Street Global Advisors (SSGA), at their booth to dive into deeper discussions on investment and asset management strategies.
The networking area was also another hub of activity where event attendees mingled and exchanged insights and contacts over light refreshments.
Networking Opportunities And Lucky Draws
As a student and intern, one of the most valuable aspects of attending MooSummit 2024 was to connect with investment professionals and experienced investors in an engaging environment outside of work.
This meant we could have more lighthearted yet information-packed conversations without constantly looking out for the time.
As with many events, attendees had the opportunity to win attractive prizes and lucky draws throughout the event. This added another exciting element to being at the event and speaking to the industry veterans at the booths.
Why Singapore Students Should Attend Finance Events
Even as an intern and student with limited financial and investing knowledge, I did not feel out of my depth attending MooSummit 2024. The discussions were insightful but kept to a level where everyone, including students and beginner investors, attending can benefit.
Attendees gained a valuable chance to uncover real-world insights into the financial markets and investing from experienced professionals. As an intern writer for DollarsAndSense, this also further strengthened my knowledge and aptitude.
In addition, such events also reinforce the practical value of investing early, staying informed, and managing risk, which is important for students to understand in their journey of building wealth, regardless of being a experienced or newbie investor.
Gaining exposure to connections with those who are experienced in the finance industry could also shape your career paths, especially for those who are looking for one in this field.
If you are a student in Singapore or even as an intern, attending such finance events would give you a broader world view and the chance to broaden your knowledge in this ever-growing industry and on the importance of aspects such as investing for your personal wealth.