Market continues to crash

[kgluong]

See what I said? Market is up again last night with all the bad news. I remembered I told someone in another thread about TSLA and vinfast. Both stocks created millionaires the past 2 days if they had listen to me

I'm talking about 18% increase in 1 month. S&P historical average is 11% per year. The odds of reaching 7000 by the end of the month is extremely low. It might reach an all time high of 6147 but reaching 7000 is very unlikely by the end of the month.

 

[kgluong]

1.5 months ago don't buy dip, now then chase?

Lololol you buy the dip. It was free money on the table.

 

[cyke69sg]

Lololol you buy the dip. It was free money on the table.

I bought the dip on Apr 21

 

[AuraKUPO]

I'm talking about 18% increase in 1 month. S&P historical average is 11% per year. The odds of reaching 7000 by the end of the month is extremely low. It might reach an all time high of 6147 but reaching 7000 is very unlikely by the end of the month.

Of course I don't just say it blindly, I have stats, stars, charts, candles and sticks to back me up. We are living in the trump meme world now, not 50 years ago.

As of now, market just keeps going up. See what I said? I'm right again.

 

[kgluong]

I bought the dip on Apr 21

Hope you make a lot of money. A big dip like we saw a couple of months ago doesn't happen often. It's free money on the table to take.

There are risks but the risk and reward favored the risk takers because the amount of money that enter the US stock market monthly is enormous.

 

[cyke69sg]

Hope you make a lot of money. A big dip like we saw a couple of months ago doesn't happen often. It's free money on the table to take.

There are risks but the risk and reward favored the risk takers because the amount of money that enter the US stock market monthly is enormous.

I don't trade. I hate to sell my stocks. Sitting on unrealized gains.
But I do get monthly distributions that are reinvested. My monthly distributions gets bigger every month to month that way.

My plan is when I stop working and need money I will turn off the DRIP and use the distributions. Which means I still don't have to sell.

The growth investments is more for my kids to inherit.

 

[cyke69sg]

My stock portfolio hit ATH today.

 

[koster]

I don't trade. I hate to sell my stocks. Sitting on unrealized gains.
But I do get monthly distributions that are reinvested. My monthly distributions gets bigger every month to month that way.

My plan is when I stop working and need money I will turn off the DRIP and use the distributions. Which means I still don't have to sell.

The growth investments is more for my kids to inherit.

Can share what are some stocks that can achieve this strategy?

 

[dereth]

My stock portfolio hit ATH today.

 

[cyke69sg]

Can share what are some stocks that can achieve this strategy?

https://forums.hardwarezone.com.sg/...-30k-dividend-per-year.7134001/post-156497198

I have several accounts but by and large I hold these 5 funds.

Do your own research though. If you ask many people they will say covered call ETFs are trash and lousy. Limit your upside growth potential etc. High risk. Capped capital appreciation because of the covered calls. Returns are inferior to buying index funds. I would say is all true.

If you want the easiest best returns is to just buy index funds.

But I would say it is more fun psychologically going this income route. Every month I can see my next month projected "pay" is going to be higher. Every month higher and higher. Snowballs. Sometimes when the fund raise the distributions even higher. But can also have fund cut the next month distributions also. But still get something. And when it is pay day very shiok. See all the money coming in.

The thing with investing in growth is you see the stock price go up. The value of portfolio go up. Feels shiok. But then I end up feeling like I dowan to sell leh. Then when it drops. Aiyah! Why never sell? What if don't go back up? Then next time want to take money out means got to sell? Aiyah again I don't like to sell leh. Then what if that month I got to sell market crash then sell low? Hopefully by then the stock still up a lot. But up and down got to sell also. If sell all one shot then market keep going up also not good feeling.

Income route just get paid every month use the money and reinvest what is not used. Feeling is more like own businesses that pays me salary for owning them. As long as they still paying the same salary I don't care what the business is worth if I wanted to sell. In fact, why I bother selling if they still paying me right? And I don't have to do anything except decide if I continue owning or want to divest.

While we often focus on portfolio value, growth, entry points. The exit strategy is also important.
And it is quite proven that STAYING invested, time in markets beats timing the markets. So have to stay invested long time to get the best rewards. Another factor is time and effort. I very passive one. Everything on auto DRIP.

When I get money I will buy in to add to the portfolio. Just balance here and there. Maybe buy more whatever is down that time. Then every month collect and reinvest.

I probably will post monthly updates of my that one personal non registered account portfolio to show how it is doing. Only started it Apr 21 2025.

Oh and sorry but they are all Canadian ETFs. From what other EDMWer has said for SGrean will have 25% withholding tax? So your returns not so good. Might want to see if SG got such monthly paying CC ETFs also.

I asked ChatGPT

How to Buy HHIS.TO from Singapore​

1. Use a Broker That Offers TSX Access​

Broker	TSX Access	Notes
Interactive Brokers (IBKR)	Full access	Best option for global ETF investing
Saxo Markets (SG)	Available	TSX access with higher FX & commission costs

Tax Implications for Singapore Residents​

• No capital gains tax in Canada or Singapore
• U.S. withholding tax (15%) applies at the ETF level on dividends received from U.S. healthcare stocks (this is baked into HHIS's performance)
• No Canadian withholding tax on distributions to non-residents like you

Canadian-domiciled ETFs are more tax-efficient for Singapore residents than U.S.-domiciled ETFs.

It is same for USCL.TO QQCL.TO BANK.TO MSTE.TO also.

And surprisingly no tax on the distributions because they are Canadian Listed ETFs. So this is better than buying US listed ones.

 

[cyke69sg]

What buffet?

I already ate Japanese buffet 2 weeks back.

No need ATH to eat buffet lah.

 

[koster]

https://forums.hardwarezone.com.sg/...-30k-dividend-per-year.7134001/post-156497198

I have several accounts but by and large I hold these 5 funds.

Do your own research though. If you ask many people they will say covered call ETFs are trash and lousy. Limit your upside growth potential etc. High risk. Capped capital appreciation because of the covered calls. Returns are inferior to buying index funds. I would say is all true.

If you want the easiest best returns is to just buy index funds.

But I would say it is more fun psychologically going this income route. Every month I can see my next month projected "pay" is going to be higher. Every month higher and higher. Snowballs. Sometimes when the fund raise the distributions even higher. But can also have fund cut the next month distributions also. But still get something. And when it is pay day very shiok. See all the money coming in.

The thing with investing in growth is you see the stock price go up. The value of portfolio go up. Feels shiok. But then I end up feeling like I dowan to sell leh. Then when it drops. Aiyah! Why never sell? What if don't go back up? Then next time want to take money out means got to sell? Aiyah again I don't like to sell leh. Then what if that month I got to sell market crash then sell low? Hopefully by then the stock still up a lot. But up and down got to sell also. If sell all one shot then market keep going up also not good feeling.

Income route just get paid every month use the money and reinvest what is not used. Feeling is more like own businesses that pays me salary for owning them. As long as they still paying the same salary I don't care what the business is worth if I wanted to sell. In fact, why I bother selling if they still paying me right? And I don't have to do anything except decide if I continue owning or want to divest.

While we often focus on portfolio value, growth, entry points. The exit strategy is also important.
And it is quite proven that STAYING invested, time in markets beats timing the markets. So have to stay invested long time to get the best rewards. Another factor is time and effort. I very passive one. Everything on auto DRIP.

When I get money I will buy in to add to the portfolio. Just balance here and there. Maybe buy more whatever is down that time. Then every month collect and reinvest.

I probably will post monthly updates of my that one personal non registered account portfolio to show how it is doing. Only started it Apr 21 2025.

Oh and sorry but they are all Canadian ETFs. From what other EDMWer has said for SGrean will have 25% withholding tax? So your returns not so good. Might want to see if SG got such monthly paying CC ETFs also.

I asked ChatGPT

How to Buy HHIS.TO from Singapore​

1. Use a Broker That Offers TSX Access​

Broker	TSX Access	Notes
Interactive Brokers (IBKR)	Full access	Best option for global ETF investing
Saxo Markets (SG)	Available	TSX access with higher FX & commission costs

Tax Implications for Singapore Residents​

• No capital gains tax in Canada or Singapore
• U.S. withholding tax (15%) applies at the ETF level on dividends received from U.S. healthcare stocks (this is baked into HHIS's performance)
• No Canadian withholding tax on distributions to non-residents like you

It is same for USCL.TO QQCL.TO BANK.TO MSTE.TO also.

And surprisingly no tax on the distributions because they are Canadian Listed ETFs. So this is better than buying US listed ones.

Thanks for sharing. Wah really have to change mindset to adopt this strategy.

 

[cyke69sg]

Thanks for sharing. Wah really have to change mindset to adopt this strategy.

Yes indeed.

One thing I would say why it is not popular is because it is NOT a get rich quick plan.

Also not going to be like those people buy $1000 of NVDA in 2010 now worth $539,000 15 years later.

$1000 of SPY from 2010 would be worth $7400 now 15 years later.

$1000 of EIT.UN/TO in 2010 would be worth $5400 now 15 years later.

So it is better to just buy index funds. But again psychologically you will have to sell the stocks to get the money. Whereas with the income approach still get paid monthly no need to sell.

Depends what you want lah.

Good for retirement planning perhaps?

 

[soulblader_89]

 

[redname]

openAI gng to use Google cloud services

JIP ah !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[dereth]

What buffet?

I already ate Japanese buffet 2 weeks back.

No need ATH to eat buffet lah.

Sorry. Just digging up an ancient Sun Ho meme from 20 years ago to see if any old-timers got the reference.

 

[tExtra]

Will LS?

 

[fade_white]

Will LS?

Boat coming back again..
Actually, nobody cares about tariffs anymore.

 

[Mephist0pheLes]

See what I said? Market is up again last night with all the bad news. I remembered I told someone in another thread about TSLA and vinfast. Both stocks created millionaires the past 2 days if they had listen to me

Then how come u not millionarie? Lol

 

[AuraKUPO]

Then how come u not millionarie? Lol

How you know I'm not?