*Official* Shiny Things club - Part 2

[ahbuiszxc]

Which broker are you using?

Based on the book, with my investment amount, it should be POSB for local and standard chartered for global.

 

[flowerpalms]

Posb? You mean the dbs vickers account?

Based on the book, with my investment amount, it should be POSB for local and standard chartered for global.

 

[ahbuiszxc]

Posb? You mean the dbs vickers account?

The POSB invest saver

 

[flowerpalms]

Oh with the ETFs

I know that 1..last time pump in $100 for 7 months then withdraw out.

The POSB invest saver

 

[ahbuiszxc]

Hello. I need some help here. After reading rich by retirement, for my age, I would need to allocate 80% in stocks and 20% in bonds.
For the 80% in stock, 40-40 local and global. I have approx $10k currently to invest, should I make a lump sum 40-40 split between local and global? Subsequently, I'm able to invest 500$ per month. How should I allocate the fund for the 40-40 local and global stocks.
First month local and the next month global and repeat?

Anyone can advise me?

 

[confusedsuitguy]

Anyone can advise me?

Hi,

I'm roughly in the same boat as you. From what I've read, the initial investment should also be DCAd by splitting into three equal parts (invested over three months). Subsequently, for $500, I would alternate between local/global every month. I think if you have >$1000 or so to invest perhaps it would be better to buy both each month.

Anyway, still a beginner but this is my two cents.

 

[Converged]

Assuming that you are in for the long haul; an investment decision based off a 2 year time frame is myopic.

With that being said, the only correct answer to your question is: nobody knows for sure. (which is not a bad answer)

Your question then brings us to an important assumption of the broad based index investment strategy. While we do not know which country/sector/counter will perform; we can expect the economy as a whole to grow. Thus, the foolproof move is to buy everything (or almost everything) to ride this growth. So yes, I will think that you should continue to stay invested in EM.

On the other hand, most people choose to ignore EM since it accounts only for ~10% of the market. How significant this 10% is will be for yourself to decide.

Sent from Ilovennp using GAGT

So.. are u going to purchase vwra? Or have u purchased it

 

[Wishdom]

So.. are u going to purchase vwra? Or have u purchased it

I've always been on 100% vwrd; which isn't much different from vwra. I forsee myself still dca-ing into vwrd.

Sent from Ilovennp using GAGT

 

[veronica84]

SPDR

Hi

I read the book, may I know which platform offers the lowest fee to buy SPDR ETF?
I checked posb invest saver, it only covers Nikko ETF.
So am wondering, sorry very noob. Thanks.

 

[Converged]

Hi

I read the book, may I know which platform offers the lowest fee to buy SPDR ETF?
I checked posb invest saver, it only covers Nikko ETF.
So am wondering, sorry very noob. Thanks.

Why dw nikko

 

[veronica84]

Why dw nikko

Hi so Nikko should buy?

 

[Shiny Things]

Hello. I need some help here. After reading rich by retirement, for my age, I would need to allocate 80% in stocks and 20% in bonds.
For the 80% in stock, 40-40 local and global. I have approx $10k currently to invest, should I make a lump sum 40-40 split between local and global? Subsequently, I'm able to invest 500$ per month. How should I allocate the fund for the 40-40 local and global stocks.
First month local and the next month global and repeat?

Anyone can advise me?

...Mate, if you want a 24-hour response time I charge for that.

Anyway, yes, you've got the right idea.

Just wanted to check if anyone has recently became eligible for SCB priority? If so, can the AUM requirement of 200K done purely through the market value of the ETFs held with SCB?

I understand one should consider transitioning to IBKR upon hitting a higher invested amount but asking for those who wish to stick with SCB all the way

Nothing wrong with that, though I reckon you'll find IBKR works out a shade cheaper in the long run. Anyway, yes, you absolutely can hit the AUM minimum based on equities.

Hi Shiny Things,

I have jus read ur book on retirement investment. Really thank u for giving useful insights on investing basics. Definitely help a investing noob like me.

I have a question on for the overseas ETF investing, u suggested scb trading. In that case, it is subjected to at least 10 dollars transaction fee. Would it be correct to say it is better to accumulate money before investing i.e if u decided to invest 400bucks each month into overseas ETF, u accumulate say until 2k then buy using lump sum. Or would u recommend still monthly buying of 400 bucks worth of overseas ETF.

Also if I am not wrong the Maybank RSP is discontinued. What would be the next best option for local investment of 400 sgd

1) Sort of. Remember, you only really need to buy one counter each month - you don't need to split it and buy three counters each month. So if you're buying IWDA once every two months or so, that's fine.

2) Yeah, sadly MBKE discontinued their monthly investment plan. POSB IS is the next-best choice, and it's perfectly good.

Is it the latest edition the black or green colour paperback?

It's only ever been green...?

i rather stay on iwda + eimi because if EM not doing well i can sell it off.
VWRA you are stuck with it

yeah i understand but EIMI has been trending sideways since 2017
is it advisable to stay invested in EM?

You're kind of missing the point! The point of having a diversified portfolio is that you keep buying things when they're not doing well, so that when they do start doing well you've already bought some. That matters whether it's stocks or bonds or whatever.

 

[Shiny Things]

Hi

I read the book, may I know which platform offers the lowest fee to buy SPDR ETF?
I checked posb invest saver, it only covers Nikko ETF.
So am wondering, sorry very noob. Thanks.

Use POSB IS and buy the Nikko ETF. The Nikko STI ETF and the SPDR STI ETF are basically the same.

 

[Dearboy87]

...Mate, if you want a 24-hour response time I charge for that.

Anyway, yes, you've got the right idea.



Nothing wrong with that, though I reckon you'll find IBKR works out a shade cheaper in the long run. Anyway, yes, you absolutely can hit the AUM minimum based on equities.



1) Sort of. Remember, you only really need to buy one counter each month - you don't need to split it and buy three counters each month. So if you're buying IWDA once every two months or so, that's fine.

2) Yeah, sadly MBKE discontinued their monthly investment plan. POSB IS is the next-best choice, and it's perfectly good.



It's only ever been green...?





You're kind of missing the point! The point of having a diversified portfolio is that you keep buying things when they're not doing well, so that when they do start doing well you've already bought some. That matters whether it's stocks or bonds or whatever.

EIMI drop quite a fair bit recently~

 

[Dearboy87]

Use POSB IS and buy the Nikko ETF. The Nikko STI ETF and the SPDR STI ETF are basically the same.

Track pretty much same stuff.

SPDR has a 0.95 P/B ratio, Nikko shld be pretty much the same.~

 

[BBCWatcher]

I've always been on 100% vwrd; which isn't much different from vwra. I forsee myself still dca-ing into vwrd.

It's perfectly OK to start buying VWRA instead.

 

[swan02]

Gold etf questions and fixed income etf questions

Hi guys, help me if anyone has any hint of guidance thanks.

Questions

1. GOLD etfs
Recommended gold etfs recommended seem to be listed in nasdaq such as GLDM and GOLD since there isn't any capital gains tax as a non resident for tax purposes of USA and low TER. I also get there is the 60k USD estate tax onwards.

For reasons of not wanting to do the paperwork for USA stocks. I'm incline to look else where such as LSE: IGLN and ASX: GOLD
IGLN has lower TER but some annoying bits I've noticed.

I use Interactive brokers to conduct my trades:

a. Since I've already AUD. I converted it to USD immediately prior to buying IGLN but could not buy it, only the next day. However, at times it is possible. I've noticed it is always Friday that I could not buy IGLN immediately upon converting to USD, however other days I can. Am I missing something ?

b. I've also noticed ASX: GOLD and nasdaq: GLDM seem to move in prices that makes sense. However, the movement of LSE:IGLN does not when I compared it to the above two after taking into account movement of FX of ASX: Gold.

I've always thought that GOLD dominated in AUD is no different to GOLD denominated in USD or other currencies as its inherent value is the same, am I right ?

......until I read this https://www.fool.com.au/2019/05/02/which-asx-gold-etf-is-the-best-pick/

"Like many international commodities, gold is universally traded in US dollars, which means that for Australians, the price we can buy gold at is affected by the gold spot price as well as the price of our dollar relative to the greenback (we have to buy US dollars in order to buy gold). This adds a layer of complexity and volatility that our American friends don’t have to experience"

2. Fixed income

General advice is to keep in ABF etf in order not to be exposed to FX risk as the diversifying benefits of FX in research shows of little value (not compensated for taking FX risk) unlike in stocks where FX having lots of diversifying benefits

for this question, i'm not into MBH or any form of corporate bonds like CORP, but simply to say ABF has better protective effect, and I instead would wish any equity risk or equity like risk to be in the equity component rather than all over the place in MBH, or EM sovereign bonds, or corporate bonds be it high yield or not...hence the focus of the question are bonds with maximum protection or diversifying as close to negative correlation if possible.

Asset allocation: 20% equity, 80% Fixed income and Gold mixed. Money managed is six figures. 50/50 in equity between international and local shares.

a. are long durations bonds such as IDTL advisable, knowing that FX risk can be problematic and also the small likelihood of interest rate rise ?..

b. or intermediate bonds more advisable ?

c. or also mixtures of cash or short term treasuries ? or should i keep a mixtures of JPY, USD and SGD in equal ratios ?

c. since I have 80% in fixed/gold income...what would you have in your asset allocation in ratio between, intermediate bonds, long duration bonds, cash and gold ?

d. I'm leaning towards buying a lot of IGLO as the makeup is a good amount of diversified bonds from safe havens such as USA and Japan..and it moves as expected with my IWDA or VUSD. Plus when factoring exchange rate movements against my SGD, I see it moves as expected. Am I seeing things wrongly here ?

Whereas my ABF moves nicely only with my Singapore shares

Thanks very much

 

[assiak71]

Bonds should be in sgd or sgd hedged

Due to lack of good etf, i actually consider unit trust such as eastspring sg fixed income (sorry dont know exact name, go fsmone.com to find)

 

[CupcakedCrusader]

Hi Shiny what do you think of my 3 fund portfolio consisting of CSPX (Accumulating S&P500), IWDA and ABF SG Bond. Decided to omit out STI ETF as I have a portfolio of SG stocks.

 

[little pupsky]

Maybe s/he wants to collect dividends? And that’s perfectly OK too.

It's perfectly OK to start buying VWRA instead.