HWZ Forums

Login Register FAQ Mark Forums Read

*Official* Shiny Things club - Part 2

Like Tree939Likes
Reply
 
LinkBack Thread Tools
Old 15-05-2019, 08:36 PM   #5221
Member
 
eD1s0n's Avatar
 
Join Date: Apr 2008
Posts: 213
Understand that iwda is accumulating and the nav increases instead of extra stocks or div being issued. And buying iwda is recommended as you save on fees for reinvestment.

However, having seen the price dropping recently, sometime wiping out most of the profits over the past months or year. I was thinking if it make sense to buy vwrd instead with div being issued and reinvested to get more stocks. By buying vwrd and converting the div to extra stocks on a reg basis, it is akin to selling iwda at times to lock in the profit to buy more stocks.

Thus, even when the prices drop, it will have a smaller effect on whatever profits that have been accumulated thus far as these profits/div in vwrd has been converted to stocks.

Not sure if the above thinking is flawed.

Sent from Samsung SM-G960F using GAGT
When divs are issued, the NAV drops.

If you reinvest vwrd dividends into vrwd and the NAV of vrwd drop, you still lose the same amount of money as iwda+ brokerage fees for the reinvestment
eD1s0n is offline   Reply With Quote
Old 16-05-2019, 03:53 AM   #5222
Supremacy Member
 
Join Date: Dec 2009
Posts: 8,062
Taleb tweeted this:
[...]

So we should avoid investing?
Taleb's a clown. He's had two hedge funds go down the tubes because of terrible returns and he hasn't written anything worthwhile since Dynamic Hedging. You can ignore him.

However, having seen the price dropping recently, sometime wiping out most of the profits over the past months or year. I was thinking if it make sense to buy vwrd instead with div being issued and reinvested to get more stocks. By buying vwrd and converting the div to extra stocks on a reg basis, it is akin to selling iwda at times to lock in the profit to buy more stocks.

Thus, even when the prices drop, it will have a smaller effect on whatever profits that have been accumulated thus far as these profits/div in vwrd has been converted to stocks.
Uh what?

Buying VWRD and reinvesting the dividends is the same as just buying IWDA, because IWDA reinvests the dividends for you.
Shiny Things is offline   Reply With Quote
Old 16-05-2019, 03:55 AM   #5223
Supremacy Member
 
Join Date: Dec 2009
Posts: 8,062
Which equities you bought? Twitter? Apple?
Low-cost global equity ETFs. I put my money where my mouth is when it comes to investments.
Ilovemathstutor likes this.
Shiny Things is offline   Reply With Quote
Old 16-05-2019, 07:51 AM   #5224
Senior Member
 
Join Date: Oct 2018
Posts: 882
Low-cost global equity ETFs. I put my money where my mouth is when it comes to investments.
Glad to know Do you buy it monthly or weekly?
Trader11 is offline   Reply With Quote
Old 16-05-2019, 08:58 AM   #5225
High Supremacy Member
 
SpeedingBullet's Avatar
 
Join Date: Nov 2004
Posts: 36,144
Taleb's a clown. He's had two hedge funds go down the tubes because of terrible returns and he hasn't written anything worthwhile since Dynamic Hedging. You can ignore him.
careful, you might trigger him into a 1) - 30) tweet tirade against you
__________________
Waiting for emerging markets to emerge for 10+ years.
SpeedingBullet is online now   Reply With Quote
Old 16-05-2019, 09:40 AM   #5226
Junior Member
 
Join Date: Dec 2009
Posts: 79
Low-cost global equity ETFs. I put my money where my mouth is when it comes to investments.
I think that's why u have a huge fanbase.
Ilovemathstutor is offline   Reply With Quote
Old 16-05-2019, 09:48 AM   #5227
Junior Member
 
Join Date: Dec 2009
Posts: 79
hi ST,

can I check with you the following,

Co A : there's this co which has a 100b mcap, say valued @ $10/share.

Co B : it has a competitor which has 10b mcap, say valued @ $1/share.

is it viable for me to chart if co B matches co A's mcap at 100b mcap, then co B's shares would be $100/share too?

assuming all other parameters are the same / proportionally the same.
Ilovemathstutor is offline   Reply With Quote
Old 16-05-2019, 10:09 AM   #5228
Supremacy Member
 
stresskiddo's Avatar
 
Join Date: Dec 2004
Posts: 6,523
Have been using SCB for all my SGX trades, interested to load up on IWDA but don't seem to have any access to other stock exchanges except SGX stocks.

How do i go about enabling access to the other stock exchanges ? Do i need to open a USD settlement account or something ?
__________________
stresskiddo is offline   Reply With Quote
Old 16-05-2019, 10:22 AM   #5229
Master Member
 
swordsly's Avatar
 
Join Date: Jan 2008
Posts: 3,343
Have been using SCB for all my SGX trades, interested to load up on IWDA but don't seem to have any access to other stock exchanges except SGX stocks.

How do i go about enabling access to the other stock exchanges ? Do i need to open a USD settlement account or something ?
You will need to fill up forms that basically say you want to trade in other exchanges as well as the W8ben for US exchanges and yes the respective currency settlement accounts.

So basically, go down to a branch and get the people to fix it for you.
swordsly is offline   Reply With Quote
Old 16-05-2019, 01:12 PM   #5230
Junior Member
 
Join Date: Jan 2019
Posts: 16
Any documents required when opening the SCB investment account? I didn’t see anything like that on the website...
InvestingDummy is offline   Reply With Quote
Old 16-05-2019, 01:20 PM   #5231
Supremacy Member
 
stresskiddo's Avatar
 
Join Date: Dec 2004
Posts: 6,523
You will need to fill up forms that basically say you want to trade in other exchanges as well as the W8ben for US exchanges and yes the respective currency settlement accounts.

So basically, go down to a branch and get the people to fix it for you.

OK got it, on top of US exchanges i would have to activate the London exchange too since IWDA is in that am i right ?
__________________
stresskiddo is offline   Reply With Quote
Old 16-05-2019, 01:43 PM   #5232
Moderator
 
tangent314's Avatar
 
Join Date: Jul 2002
Posts: 4,129
If you are only going to do IWDA, you need to activate LSE. There is no need for US exchanges
tangent314 is offline   Reply With Quote
Old 16-05-2019, 01:43 PM   #5233
Master Member
 
swordsly's Avatar
 
Join Date: Jan 2008
Posts: 3,343
OK got it, on top of US exchanges i would have to activate the London exchange too since IWDA is in that am i right ?
IWDA is traded in LSE so yes.
Usually the RM will tell you to apply for everything.
swordsly is offline   Reply With Quote
Old 16-05-2019, 05:20 PM   #5234
Junior Member
 
Join Date: Aug 2018
Posts: 3
Hi Shiny/or Anyone really,

I am currently on the POSB Invest Saver doing a $800/$200 split between STI and Bonds ETF.

I am late to the party, catching up on the threads I realize there is now a MBH bond ETF?(which has been around for quite a while actually)

I have no investment in any Global fund as well.

What should be the direction from here?

Should I sell everything, and do a proper Local Stock/Bond/Global Stock split?
Like using Standchart for Local Stock and MBH, and buying Global with Interactive Brokers?

Or should I just stick to POSB IS, reduce the amount, and use the balance of the 1K for Global stock IWDA using Standchart?

Hope to hear some feedback, help a brother out here

Thanks
thisisedmund is offline   Reply With Quote
Old 16-05-2019, 05:37 PM   #5235
Moderator
 
tangent314's Avatar
 
Join Date: Jul 2002
Posts: 4,129
I don't think you need to sell. I would just leave the G3B and A35 in POSB-IS, cancel the RSP (or just reduce to the minimum $100 if you need to hit your Multiplier account counter), then start doing IWDA instead until IWDA reach your target ratio then reevaluate your DCA strategy again.
tangent314 is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On