*Official* Shiny Things club - Part 2

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Temasek is the biggest shareholder of Std Chart right?
Hope nobody will say SC giving 3% FD rate because running out of USD.
Too many of such fake news from Americans.
to equate Temasek holdings hodls therefore I should hold = you need to ask yourself if education failed you.
 
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This person don't need read the 2 books also can achieve 3 digits returns, so not difficult at all.
After reading the 2 books may achieve 4 digits return?

what I have been doing is PURE RISK.

pls follow what is advocated on Shiny Things manual via "Rich by Retirement", get a copy online. just do a simple google search.

if u are too cheap to spend us$8, maybe you shouldn't be here?
 
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Good for you, congrats! How you do it?
If can achieve so high return why you recommend people to invest in passive ETFs to get much lower returns?
ok, I am not sure if u are a troll or are u insistent on some fallacys even after being debunked.

personally, I do not want to be responsible for anyone who follows my stocks picking. They SHOULD NOT.

what I pick is the result of my tiny and shabby circle of competence and anyone who wants to dabble in the realm of gambling should at least get to pick their own poison.

This is the key reason why I encourage anyone who wants to earn good, smart, passive investment methods by sinking us$8 on Shiny Things' manual. It's extremely cheap for what we learn as a step-by-step manual.

I realised most people are nerds and cannot see the big picture. Helicopter views seem impossible for people who seeks security in earning reports to visualise.

& it is a very foolhardy behaviour for them to behave in areas that aren't their strengths. Meaning, if u don't have vision, cannot have vision, try also won't have an inking of what vision means, pls... stick to the it's ok to know what I don't know and don't try to be what I am not.

what I do isn't extraordinary... I am just a macro investor.

meaning the big-picture type, but I fully agree with using passive index investing and some bonds ETF to do things in a buy and forget manner.

The state of the economy, daily news breaks, TA all these are noise and it doesn't matter. You are better off listening to your fav tune in your workout or watching some porn than trying to pull off a co-relation in the noise of the market. (I didn't say this. Warren B said it. I pondered over it & it's true.) Over time, the market is efficiency-priced. It's easy to be a macro trader. BUT u need confidence in trusting your intuition, it's incredibly hard in this aspect when you put your money where your mouth is. Esp if u sink in meaningful monies to trust your gut feelings with some form of an educated guess.

in short, it's easy to feel ecstatic over "The Big Short". but most of us would melt even before the event occurs because of the immerse pressure from self-doubt. so don't even try and do it the easy way. Just get a copy of Shiny Things' "Rich by Retirement" and end up rich.

There isn't much lifestyle changes or differences after a certain quantum.

what's the diff between 20m and 1b in one's lifestyle, as compared to 500k and 5m in one's lifestyle?

you made 2 stupid points, I don't know if u failed in life or u are doing this on purpose.

1. FX is practically FREE on IB. Name me any that's 2X the price of what IB charges in any SG platform?

2. US offshore brokers, TD Ameritrade and Interactive Brokers, up to a certain sum, 2.75m usd(?) are insured, which local stock brokers insure us?

3. instead, they (local brokers) are more expensive and they charge us fictitious amounts which are obsolete in the US offshore brokers.

I think BBC watcher wrote as simply as he could to be understood. and Education probably failed u, esp if you still rant on the same points which we have CLEARLY debunked.

Can u tell us abit more about yourself?

what did u graduate in?

what job do u work as? the job nature, your company's biz nature?

v curious, not to repeat the same where humanly possible.
 
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tangent314

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For those wondering how to ignore list people:

1. Click on the errant user's username, then click "View Public Profile"
2. There will be two dropdown menus below his name in the new page, click on "User Lists"
3. Done.

Can add ervino or whoever else you don't like in this list and voila.

Quoting this in case anyone needs to block a troll and increase the signal to noise ratio on this thread.
 

Listopad

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have a query on MBH etf. given the sgd bond prices have gone up quite abit over the last couple of months, why do we not see any increase in MBH pricing? and even so, shouldn't the accrued interests included drive the MBH price increase gradually. the price seem relatively flat.

how is this so ?
 

hwckhs

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have a query on MBH etf. given the sgd bond prices have gone up quite abit over the last couple of months, why do we not see any increase in MBH pricing? and even so, shouldn't the accrued interests included drive the MBH price increase gradually. the price seem relatively flat.

how is this so ?

I don't understand how you are seeing it flat...

Check this comparison graph.

Candlestick = MBH
Line = A35
Both last distributed dividend on Jan 2, 2019, so they tie in terms of withheld interests.

MBH's price has been on an up trend since the beginning of the year, and at a faster pace than A35.
 

Listopad

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I don't understand how you are seeing it flat...

Check this comparison graph.

Candlestick = MBH
Line = A35
Both last distributed dividend on Jan 2, 2019, so they tie in terms of withheld interests.

MBH's price has been on an up trend since the beginning of the year, and at a faster pace than A35.
Yes , but was thinking of the recent run up in SGD bond prices but don’t seem to be reflected in MBH .
 

ChinoGirl

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Hi,
I prefer to use PDF version instead of Kindle.
May I know if the Pdf version is a 2019 version? There is the sentence, "updated for 2019" at this link. Just want to make sure that I am buying the latest edition. Thank you!
https://gumroad.com/l/FxsMU?
 
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Hi,

May i know if this is a good diversification? Understand that the fee is slightly higher than DIY for the convenience of automation. What do u guys think?
your question is duely covered in the book.
get a copy, read it and it will answer your question more thoroughly than the loose answers here.

the quick answer, no. it adds up to be way more expensive.

but you are not convinced, thus, buy the book read it and see if u are convinced.
 

Listopad

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Can you elaborate further? Which bond? Are they components of the index tracked by MBH? Check MBH's holdings.

it's a general impression, as seen from my own wholesale bond portfolio, and during the months which I have been trying to add new ones. It could well be the components of MBH, given that many SG companies are not rated (MBH only has 20% I think, not rated). Does it then mean with a lot of the big established SG companies not getting rated, hence not being included in MBH for the large part, would result in a drag to the yields of MBH .... (which of course makes it stable but lower returns).


https://www.businesstimes.com.sg/banking-finance/sgd-bond-market-starting-2019-with-a-bang-0
 
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With Maybank KE discontinuing their monthly investment plan, we can actually still continue to RSS with them, but without the convenience of automation right ? The purchase/sale charges should still be the same if I am not wrong ?
0.12% with a minmum of $10.
 

hwckhs

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it's a general impression, as seen from my own wholesale bond portfolio, and during the months which I have been trying to add new ones. It could well be the components of MBH, given that many SG companies are not rated (MBH only has 20% I think, not rated). Does it then mean with a lot of the big established SG companies not getting rated, hence not being included in MBH for the large part, would result in a drag to the yields of MBH .... (which of course makes it stable but lower returns).

I don't invest in bonds directly, only through MBH. Anyway, a few bonds mentioned in https://www.businesstimes.com.sg/banking-finance/sgd-bond-market-starting-2019-with-a-bang-0 don't meet the inclusion criteria for the index.

Chongqin Banan Economic Part Construction Co - a Chinese local government financing vehicle (LGFV) - made its international debut on the Singapore dollar bond market with a 2-year S$150 million 4.35 per cent issue.

Priced on Jan 29, Suntec Reit's 6-year S$100 million 3.355 per cent rose to 100.036 on Feb 1.

CapitaLand Mall Trust's 7-year S$100 million 3.15 per cent was higher at 100.034 on Feb 1; it was priced on Jan 30.

MBH website says:

Minimum inclusion size for each corporate bond is SGD 300 million with a maximum 20% limit on single issuer exposures.

So, it is not just the rating, but also issue size, and possibly other undisclosed criteria. MBH seems more conservative, and thus attracts lower return like you said. I think it's fair.
 
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