*Official* Shiny Things club - Part 2

[smart alex]

how come this thread so many peopple arguing recently?

Feel like edmw

 

[Geeezz]

I am not going to start writing books to sell, and wanted to get publicity so that hopefully my books will sell well!
So no, I don't have time to manage own thread. I can only contribute sporadically.

tbh u “contributed” frequently more than enough to start ur own thread. but st target mkt is diff frm urs. ppl who follow his strategy are those who know nth or little abt invt. ppl who see ur pov are more than savvy enough to manage their own invt

 

[SpeedingBullet]

For those wondering how to ignore list people:

1. Click on the errant user's username, then click "View Public Profile"
2. There will be two dropdown menus below his name in the new page, click on "User Lists"
3. Done.

Can add ervino or whoever else you don't like in this list and voila.

 

[unhinged_loon]

Buffett specialize in stocks picking. ETFs is for his children (that is why 'estate'). ETFs only give ave return, many here probably can do better that that.

Stock picking doesn't consist of taking your little finger, randomly point at a list of stocks, and then buy. Reading finance bloggers and buying their portfolio isn't stock picking either; you are just a copycat.

Stock picking consists of doing analysis on business (stocks aren't pieces of paper) and figuring how much they are worth, and how well they are expected to do in the future. This requires business/finance skills that few retail investors have or are willing to spend time to acquire. Doing analysis on stocks requires expenditure of time that takes away from your time with your friends, family, or time to enhance your career. If you have a cushy job that gives you plenty of time to go for long tea breaks, then go ahead and pick stocks.

 

[sunnyjeremy]

Thank you so much. You are a life saver!!!

For those wondering how to ignore list people:

1. Click on the errant user's username, then click "View Public Profile"
2. There will be two dropdown menus below his name in the new page, click on "User Lists"
3. Done.

Can add ervino or whoever else you don't like in this list and voila.

 

[hwckhs]

Stock picking consists of doing analysis on business (stocks aren't pieces of paper) and figuring how much they are worth, and how well they are expected to do in the future. This requires business/finance skills that few retail investors have or are willing to spend time to acquire. Doing analysis on stocks requires expenditure of time that takes away from your time with your friends, family, or time to enhance your career. If you have a cushy job that gives you plenty of time to go for long tea breaks, then go ahead and pick stocks.

Well said!

 

[Ilovemathstutor]

For those wondering how to ignore list people:

1. Click on the errant user's username, then click "View Public Profile"
2. There will be two dropdown menus below his name in the new page, click on "User Lists"
3. Done.

Can add ervino or whoever else you don't like in this list and voila.

JOIN ME.

This message is hidden because ervino is on your ignore list.

 

[Nightrain1988]

Hi,

For people invested in VWRD here - have you all received your dividends for Q1 2019? I have both VDEM and VWRD, and usually receive their dividends on the same date. However for Q1 2019, I received only VDEM's dividend (about a week back) but not VWRD, so wondering what could the issue possibly be.

Thanks also go out to Shiny, BBC and all the other constructive posters in this forum. I've been a lurker for some time and very much appreciate the constructive discussions here

 

[Listopad]

Hi,

For people invested in VWRD here - have you all received your dividends for Q1 2019? I have both VDEM and VWRD, and usually receive their dividends on the same date. However for Q1 2019, I received only VDEM's dividend (about a week back) but not VWRD, so wondering what could the issue possibly be.

Thanks also go out to Shiny, BBC and all the other constructive posters in this forum. I've been a lurker for some time and very much appreciate the constructive discussions here

VWRD dividends: last received 10 April 2019 (previous one 9 Jan 2019)

 

[DavidChieng]

Thanks for the tip about blocking ervino. How refreshing.

 

[Nightrain1988]

VWRD dividends: last received 10 April 2019 (previous one 9 Jan 2019)

Thanks alot! Looks like I might need to take this up with SCB

 

[kehyi4]

Hi,

For people invested in VWRD here - have you all received your dividends for Q1 2019? I have both VDEM and VWRD, and usually receive their dividends on the same date. However for Q1 2019, I received only VDEM's dividend (about a week back) but not VWRD, so wondering what could the issue possibly be.

Thanks also go out to Shiny, BBC and all the other constructive posters in this forum. I've been a lurker for some time and very much appreciate the constructive discussions here

VWRD dividends: last received 10 April 2019 (previous one 9 Jan 2019)

Thanks alot! Looks like I might need to take this up with SCB

I happen to hold VHYD, but the dates should be the same as VWRD -

xd : 28 Mar
paid : 10 Apr
credited into SCB USD SSA : 12 Apr

 

[Shiny Things]

For those wondering how to ignore list people:

1. Click on the errant user's username, then click "View Public Profile"
2. There will be two dropdown menus below his name in the new page, click on "User Lists"
3. Done.

Can add ervino or whoever else you don't like in this list and voila.

You're a hero. (That said, if he keeps posting trash, keep reporting him. Not everyone will know how the blocklist works, and I don't want new visitors to the thread to be scared away by walls of boldface red text.)

how come this thread so many peopple arguing recently?

Feel like edmw

Because some people decided that they wanted to ruin the experience for anyone else. Anyway, block him and move on.

 

[pocushocus]

Hi Shiny,

I remember you mentioning not being a fan of REITs and REITs ETFs. Is the reason because they have the volatility of stocks but not the long term capital growth? Are REITs not able to grow the way stocks can?

 

[Nightrain1988]

I happen to hold VHYD, but the dates should be the same as VWRD -

xd : 28 Mar
paid : 10 Apr
credited into SCB USD SSA : 12 Apr

Thanks! Constantly amazed at how helpful the community on this thread generally is.

 

[pmstudent]

Hi Shiny,

I remember you mentioning not being a fan of REITs and REITs ETFs. Is the reason because they have the volatility of stocks but not the long term capital growth? Are REITs not able to grow the way stocks can?

This kind of question is best answered with data, not opinion.
See this total performance for the past 20 years compiled by JP Morgan.

But of course, past performance does not imply future result. However, there is no evidence pointing otherwise.

 

[BBCWatcher]

This kind of question is best answered with data, not opinion.
See this total performance for the past 20 years compiled JP Morgan.

But why 20 years? A typical long-term investing time horizon is 40 years, as it happens (age 25 to 65 for example).

Always be suspicious when somebody quotes one arbitrary time interval historically. And we have reason to be suspicious here. Reliable data on U.S. real estate stretches back to at least 1928, about 91 years ago -- the Case-Shiller Housing Index goes back that far. And over that 91 year time period it's no contest: stocks won, running away.

But of course, past performance does not imply future result.

Indeed.

 

[pmstudent]

But why 20 years? A typical long-term investing time horizon is 40 years, as it happens (age 25 to 65 for example).

Always be suspicious when somebody quotes one arbitrary time interval historically. And we have reason to be suspicious here. Reliable data on U.S. real estate stretches back to at least 1928, about 91 years ago -- the Case-Shiller Housing Index goes back that far. And over that 91 year time period it's no contest: stocks won, running away.
Indeed.

Sure, 20 years are "too short", let's try 40 years.

"In the longest period measured by the Russell 3000 Index of the broad U.S. stock market—from Dec. 31, 1978, through March 31, 2016—total returns for exchange-traded U.S. Equity REITs have averaged 12.87 percent per year compared to just 11.64 percent per year for stocks. (I measure REITs using the FTSE NAREIT All Equity REITs Index.)"

Quoted from this article : https://www.reit.com/news/blog/mark...age-reit-returns-and-stocks-over-long-periods

 

[smart alex]

I guess IWDA will drop below $50 later

 

[BBCWatcher]

I wouldn't necessarily bank heavily on REIT.com as a reliable source for data.

I've spotted one problem. Conventional total return figures don't include tax effects. That might work if you're talking about a U.S. Individual Retirement Account (IRA) or 401(k), but that's only a subset of investing. REITs tend to distribute more dividends, while stocks tend to retain more earnings and reinvest them in the businesses, generating capital gains. Capital gains are tax deferred, and dividends aren't. And if some of the dividends are non-qualified (yes, probably), that's even worse. (Or if you're a non-U.S. person, particularly a resident of Singapore, this discrepancy isn't at all helpful due to 30% dividend tax withholding. You'd much rather have more capital gains and lesser dividends, because the former is tax free to you.)

There's no hint that the blogger at REIT.com made any tax adjustments. Many fund managers do make those adjustments, and they're quite important in the U.S. context.

For the record, I don't underweight or overweight real estate. I think some is fine, which is exactly what I do, but I don't think it makes sense to go overboard in any single sector or geography.