General S-REITs Discussion Thread

[Nofear40]

But he said he made his first million at the age of 35...

With untouchable money cpf and residential property I think

 

[crimsontactics]

With untouchable money cpf and residential property I think

I see...

 

[yslvlys]

With untouchable money cpf and residential property I think

Haha like that I think I also hit my 1st million a few years ago

 

[TehSi99]

But he said he made his first million at the age of 35...

Inclusive of CPF, insurance?

 

[QinWei]

Inclusive of CPF, insurance?

Insurance counted??? unless u are referring to guaranteed portion….
But why in reits thread?

BTW, I just checked out DBS Asia Digiportfolio, it is down 20% in the last 2 years!

We shdnt be too shocked even if it dropped more than 20%, they are still equities afterall

He invested about 100k in SYFE China Robo funds. Really bad luck for him.

Don't tell me he buy REITs and also buy BABA.

A good thread on china stock here: https://forums.hardwarezone.com.sg/threads/china-hk-stocks-etfs.6751716/page-49

 

[TehSi99]

Insurance counted??? unless u are referring to guaranteed portion….
But why in reits thread?

See what i am responding to.

 

[crimsontactics]

Inclusive of CPF, insurance?

He never say...

 

[TehSi99]

He never say...

Anyway his analysis is more of qualitative than FA.

 

[revhappy]

We shdnt be too shocked even if it dropped more than 20%, they are still equities afterall

One of the aspects of investing is regret minimisation.

If you lose money and everyone else also is losing money then it is no problem: This is what happened during COVID, all markets were falling.

But if everyone is making money and only you are losing money then it is a problem: If you go in heavily into any particular region or sector and that goes down while other markets are all up, then it is a problem.

 

[1l92041H]

He sold his hdb and bought at least a few hundred thousand on sreit in early 2023... bad timing oso

so he lost out on further gains on his hdb and suffered capital losses from his reits

double whammy

 

[crimsontactics]

Anyway his analysis is more of qualitative than FA.

I see...

 

[QinWei]

I guessed anyone could easily do FA

 

[limster]

I guessed anyone could easily do FA

Just be careful to differentiate between storytelling and actual 'analysis.'

I briefly browsed the video but didn't hear any discussion of the usual FA metrics. Free Cash Flow, P/E, P/B, EBITA.

Having said that, I am also vested in REITs and China though I didn't think that 2023 was the year to do big lump sum investments in those sectors.

 

[TehSi99]

Just be careful to differentiate between storytelling and actual 'analysis.'

I briefly browsed the video but didn't year any discussion of the usual FA metrics. Free Cash Flow, P/E, P/B, EBITA.

Having said that, I am also vested in REITs and China though I didn't think that 2023 was the year to do big lump sum investments in those sectors.

Itchy hands. Keep adding China stocks because cannot resist the attractive prices. US stocks overvalued, SG stocks shitty sleepy.

 

[limster]

Itchy hands. Keep adding China stocks because cannot resist the attractive prices. US stocks overvalued, SG stocks shitty sleepy.

Even if I feel that US stocks are expensive, I learnt my lesson never to never underestimate the power (or greed) of the US market!

So I'm continuing with 50% of free cash flow into Vanguard World & World ETFs.

As for Singapore, I am nibbling some REITs because I suspect that there will be forex upside. I am not one of those who believes that S$ can continuously appreciate in a straight line....

 

[ctan84]

Even if I feel that US stocks are expensive, I learnt my lesson never to never underestimate the power (or greed) of the US market!

So I'm continuing with 50% of free cash flow into Vanguard World & World ETFs.

As for Singapore, I am nibbling some REITs because I suspect that there will be forex upside. I am not one of those who believes that S$ can continuously appreciate in a straight line....

lai lai share share what you are buying for sg reits...

 

[ekardo]

Syfe sreits had a big drop on 25th and 26th Jan. Why sia? They really not transparent with their product.

 

[limster]

lai lai share share what you are buying for sg reits...

FLCT is reasonably valued and I am buying a little bit each month as long as its below $1.10.

It will be a strong buy if it drops under $1.00 but I would not hold my breath for $0.99 because I think there is potential forex upside which might lessen the impact of other negative news.

 

[TehSi99]

lai lai share share what you are buying for sg reits...

MLT if below $1.50.

 

[stanlawj]

US Treasury bonds issuance are not going to hurt REITS till July 2024 as predicted since Dec 2023.

https://home.treasury.gov/news/press-releases/jy2054

The U.S. Department of the Treasury today announced its current estimates of privately-held net marketable borrowing[1] for the January – March 2024 and April – June 2024 quarters.

• During the January – March 2024 quarter, Treasury expects to borrow $760 billion in privately-held net marketable debt, assuming an end-of-March cash balance of $750 billion.[2] The borrowing estimate is $55 billion lower than announced in October 2023, largely due to projections of higher net fiscal flows and a higher beginning of quarter cash balance.[3]
• During the April – June 2024 quarter, Treasury expects to borrow $202 billion in privately-held net marketable debt, assuming an end-of-June cash balance of $750 billion.[4]

REITS holders rejoice!

US Treasury QRA announcement in Jan 2024 likely to show a less than expected Treasury debt issuance due to record tax collection!!

UST yields likely to stay low throughout Jan 2024 and the current rally in REITS can last beyond Jan 2024 to April 2024 (next QRA announcement).

https://www.zerohedge.com/political...on-taxes-americans-amid-enforcement-crackdown

IRS Rakes In Record $4.9 Trillion In Taxes From Americans Amid Enforcement Crackdown​

The Treasury Inspector General for Tax Administration (TIGTA), the watchdog that oversees the IRS, revealed in a Dec. 20 report on tax compliance activities that the agency collected a record-breaking amount of money in fiscal year 2022 from American taxpayers.

The $4.9 trillion the tax agency raked in last year was around $790 billion more than the prior year, thanks in large measure to a significant increase in enforcement revenue.