2020 market expectations and positioning

[limster]

i bought singtel at $2.98 yesterday. queuing for more at $2.99.

If i can't buy ES3 under $3, maybe Singtel is a replacement!

 

[commie_rick]

I guess, I will just continue to stay out of US markets forever. For US investors and most of developed market investors, the choice is between sub 1% bond returns vs equity returns at high valuations. Fed's mandate is financial stability, the corporate bond issuances had freezed up last few days. That is big alarm sign for the Fed, so they are not looking at equity markets directly, they are looking at the funding markets. They will do everything to ensure that the liquidity in the system is good.

Equity markets shooting up, is the side effect. But as investors, we have to think, what is the best case of remaining invested in US equities at these valuations, without earnings growth, where the competition is from very low bond or negative bond yields. So equities could give like 3% returns over next 10 years and that would be considered good for them.

I would prefer staying in Asian markets, which are kind of shunned off due to lack of interest and hence have a high dividend yield and low valuations.

i havent touched SG market in a long time, it is a dead

 

[commie_rick]

Singapore is dividend yield play. India is kind of internal consumption. Those are the 2 markets I have, other than the Asia pacific fund from my employer.

agree with the statement on SG market. ceca market is flip prata

 

[commie_rick]

I work for European bank. But most foreign banks in Singapore provide an equivalent to CPF for their non-singaporean non-pr employees, in the form of pension fund and those pension funds are managed in Hong Kong for some reason and not Singapore. My previous bank Credit Suisse also had a Hong Kong domiciled asset manager; HSBC managing our pension.

Standard chartered bank is the best. They pay the CPF contribution in cash directly as part of salary, for EP holders.

the big four does that too. i was quite pissed that a staff more junior than me is getting more salary as his cpf is cash

 

[MrHighlander]

I bought some AUD today instead before the RBA announcement given the low rate

Thinking of getting some IOZ when the price drops more (not now)

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[havetheveryfun]

the big four does that too. i was quite pissed that a staff more junior than me is getting more salary as his cpf is cash

the question is, are they also paying the 17% company portion as cash to the foreign employee also. that i dont think so, if its just the normal 20% deduction as cash I think it is still ok and fair.

if they are also getting the 17% company portion as cash, then probably many sinkies already raging by now.

 

[commie_rick]

I bought some AUD today instead before the RBA announcement given the low rate

Thinking of getting some IOZ when the price drops more (not now)

Posted from MaMaMia HardwareZone Forums app

nice move. aud is pretty weak against sgd.

 

[commie_rick]

the question is, are they also paying the 17% company portion as cash to the foreign employee also. that i dont think so, if its just the normal 20% deduction as cash I think it is still ok and fair.

if they are also getting the 17% company portion as cash, then probably many sinkies already raging by now.

dont know.
20% cpf as cash is a substantial amount

 

[Trader11]

the big four does that too. i was quite pissed that a staff more junior than me is getting more salary as his cpf is cash

No wonder Stanchart is losing.....

 

[revhappy]

the question is, are they also paying the 17% company portion as cash to the foreign employee also. that i dont think so, if its just the normal 20% deduction as cash I think it is still ok and fair.

if they are also getting the 17% company portion as cash, then probably many sinkies already raging by now.

They do both the employer and employee part.

Basically if a standard chartered employees converts to PR, there is no added CPF benefit. His $1800 or whatever take home will go to CPF.

Other foreign banks, the pension fund will be routed to CPF, if we convert to PR.

The only difference is CPF is tax free, but the pension fund and cash are fully taxable and of course CPF has awesome interest rates.

 

[gnoes85]

Oversold so this pump is normal. Problem is will it double or triple top then the real dump begins or not.

 

[revhappy]

 

[gnoes85]

Another reason Market will dump later

 

[kage]

They want sell, but nobody wanna buy .... old trick

 

[MrHighlander]

US rally effect on Asia like no leg

Nikkei, HKSE negative

STI lifeless, almost flat

Don’t look promising

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[coolhead]

US rally effect on Asia like no leg

Nikkei, HKSE negative

STI lifeless, almost flat

Don*********t look promising
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sti was already lifeless before the drop...

Posted from PCWX using Redmi K20 Pro

 

[theMKR]

Another reason Market will dump later

huh? status upgraded? why people dump?


go in long gao gao time!!

 

[limster]

Everytime there is a crash, there are some people who will not invest because they say it will go lower. When market go up, they say dead cat bounce, sure go lower. When market keep on going up, they keep on insisting crash coming. Finally, when market regains the previous high, they ask whether the boat has sailed already.

myself, i don't have a crystal ball to tell me whether the stock market tomorrow is up or down. but i have something called fundamental analysis which tells me when valuations are good enough to buy some today.

 

[MrHighlander]

I do agree to some extent

What did you buy today ?

Everytime there is a crash, there are some people who will not invest because they say it will go lower. When market go up, they say dead cat bounce, sure go lower. When market keep on going up, they keep on insisting crash coming. Finally, when market regains the previous high, they ask whether the boat has sailed already.

myself, i don't have a crystal ball to tell me whether the stock market tomorrow is up or down. but i have something called fundamental analysis which tells me when valuations are good enough to buy some today.

Posted from MaMaMia HardwareZone Forums app

 

[coolhead]

looking at bond yield surge, this should aid another recovery in s&p 500.

Posted from PCWX using Redmi K20 Pro