30s-50s chitchat club

[Dusky01]

I feel it is much better putting money in BRK shares than in saving accounts. The balance will grow considerably.

It is personal choice . No right or wrong

 

[Lss]

Pang Kang. Nowadays cannot afford to pang Kang late. Need to catch bus, rush back and bring kid for class. Sighs.

What class your kid has?

 

[Lss]

I feel it is much better putting money in BRK shares than in saving accounts. The balance will grow considerably.

I bought some at about 360. See the price now don't dare to buy more.

 

[Dusky01]

Easy pivot towards your dividend choice is whether you can reinvest them for better or repeated return.

It is like saying

I put T bill, the interest received is parked in a account that is used to accumulate the int or dividend til it meet the minimum sum for another TBill or when see a nice and worth buying shares use these interest and dividend to buy

tio bo

 

[jjinkoh]

@singexpat Got fishing anime for you while you fish next time!

bro if u can cast your line like him u god already.
use heartbeat sense where is the fish lol

 

[TonyDelPiero]

It is personal choice . No right or wrong

I don't think it is a personal choice. It is more of whether you can see the 'truth' in the price chart of BRK share for the past few decades. It is just plain clear to see.

 

[lemonzil]

Why you arrange class on weekday?

This class don’t have weekends.

 

[lemonzil]

What class your kid has?

Kumon. He loves it.

 

[TonyDelPiero]

It is like saying

I put T bill, the interest received is parked in a account that is used to accumulate the int or dividend til it meet the minimum sum for another TBill or when see a nice and worth buying shares use these interest and dividend to buy

tio bo

Hmm. It is probably simple view. Very often, the interest rate of T-bill, saving account or any bond is too small compared to investment return of equity.

My reply to swattie is more of investing in shares. Consider BRK that reinvest yearly retained profit instead of paying out dividend. BRK was able to invest at higher rate than what we can do with dividend at lower rate. Naturally, BRK's share price reflect long record of good investment return of equity investment and/or through business growth in many decades.

 

[Dusky01]

 

[swat444]

bro if u can cast your line like him u god already.
use heartbeat sense where is the fish lol

Dun make me reincarnate and become fish-gamer at arcade fishing!

 

[swat444]

It is like saying

I put T bill, the interest received is parked in a account that is used to accumulate the int or dividend til it meet the minimum sum for another TBill or when see a nice and worth buying shares use these interest and dividend to buy

tio bo

Yeah. Cuz Tony reply is whether one is able to reinvest the dividends and generating a higher IRR.
Your example would be rolling, subject to I/R rates fluctuations. Tony example is whether the same $ can find a higher return.

 

[swat444]

It is a personal choice.

Indeed still a personal choice.
Oh ya ur ??? making me more confused lei

 

[sunshinemou]

Dun make me reincarnate and become fish-gamer at arcade fishing!

 

[TonyDelPiero]

It is a personal choice.

I think it is too easy to evade. Rather than saying right or wrong, I would prefer to raise hand and say i made a mistake if i recognise my own folly.

 

[aceminer]

is it a 2 boys problem??

** big one play what small one must take n vice versa...

then fight n snatch toys...

 

[TonyDelPiero]

Yeah. Cuz Tony reply is whether one is able to reinvest the dividends and generating a higher IRR.
Your example would be rolling, subject to I/R rates fluctuations. Tony example is whether the same $ can find a higher return.

I would avoid to use 'IRR' as the problems of IRR remain overwhelming although it is a simple evaluation tool.

 

[Milo-Dino]

I think it is too easy to evade. Rather than saying right or wrong, I would prefer to raise hand and say i made a mistake if i recognise my own folly.

I think you are wrong here.
People have different risk tolerance hence it is then a personal choice.

 

[TonyDelPiero]

I think you are wrong here.
People have different risk tolerance hence it is then a personal choice.

I see. That is not much I can comment when risk tolerance is abit filmsy. I often try not to say risk tolerance. At most I would say I made a mistake if i recognise my own folly. That is all. I don't want to say what is right or what is wrong.

If applying to another scenario such as exercise, am I going to say it is my personal choice to evade a simple exercise? I would told to my young self that it was my mistake to not do so.

that is how i think in this way.

 

[Milo-Dino]

I see. That is not much I can comment when risk tolerance is abit filmsy. I often try not to say risk tolerance. At most I would say I made a mistake if i recognise my own folly. That is all. I don't want to say what is right or what is wrong.

If applying to another scenario such as exercise, am I going to say it is my personal choice to evade a simple exercise? I would told to my young self that it was my mistake to not do so.

that is how i think in this way.

Look. If someone is having difficulties sleep over an open position, it means it has hit that person's risk tolerance. That person should just close the position regardless even if the shares can still run 100-200% more.

Using your simple exercise example, if that simple exercise is going to agitate an existing medical condition, the personal choice to evade the "simple" exercise is the right thing to do