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2020 market expectations and positioning

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Old 22-02-2020, 09:31 AM   #916
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Just buy XLE the energy ETF in US market.

No company specific risk.
I believe that Shell has advantages over other oil majors, its better positioned to transition from oil company to energy company. I'm buying Shell now on the bad news because markets like to overreact!


If there's continued weakness ETF is a good idea! XLE is 100% US and subject to 30% withholding. SXLE might be a better buy for less withholding. But maybe an international energy etf that holds Shell, BP, Total, not just US oil majors would be better, WRNG? I'm also holding a little bit of NORW despite the withholding (check out the correlation between oil price and NORW)
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Old 22-02-2020, 09:59 AM   #917
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I believe that Shell has advantages over other oil majors, its better positioned to transition from oil company to energy company. I'm buying Shell now on the bad news because markets like to overreact!


If there's continued weakness ETF is a good idea! XLE is 100% US and subject to 30% withholding. SXLE might be a better buy for less withholding. But maybe an international energy etf that holds Shell, BP, Total, not just US oil majors would be better, WRNG? I'm also holding a little bit of NORW despite the withholding (check out the correlation between oil price and NORW)
For sector ETFs, I prefer to buy from US market.

I can lend the shares out easily and earn some returns. Plus the good liquidity.
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Old 22-02-2020, 10:12 AM   #918
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I'm buying more Shell! Time to catch a falling knife!
I am buying MLP in EPD instead
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Old 22-02-2020, 12:06 PM   #919
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For sector ETFs, I prefer to buy from US market.

I can lend the shares out easily and earn some returns. Plus the good liquidity.

I am buying MLP in EPD instead
Thats great, at least you are vested!

Unlike some who think there is only 1 way to invest, I feel there are many different ways to financial freedom, lets DYODD and huat together!
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Old 22-02-2020, 01:14 PM   #920
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I checked my statement for whole of 2019.

My interests received from lending out was 83% of Withholding Tax. ie I received 83 cents for every $1 tax.

In other words, I managed to minimize some of the taxes.
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Old 22-02-2020, 05:50 PM   #921
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I checked my statement for whole of 2019.

My interests received from lending out was 83% of Withholding Tax. ie I received 83 cents for every $1 tax.

In other words, I managed to minimize some of the taxes.
if you are using IBKR, your interest from lending out, did you have to pay tax on that?
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Old 22-02-2020, 06:22 PM   #922
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if you are using IBKR, your interest from lending out, did you have to pay tax on that?
Can't lend out IWDA on IBKR right?
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Old 22-02-2020, 06:40 PM   #923
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The syndicates gonna sell on Monday due to 'bad' news in Korea.
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Old 22-02-2020, 10:40 PM   #924
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The syndicates gonna sell on Monday due to 'bad' news in Korea.
so far weekend djia is -0.19%....only mildly negative.
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Old 22-02-2020, 10:52 PM   #925
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I'm buying more Shell! Time to catch a falling knife!
It might have room for 30% down before demand comes in....
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Old 23-02-2020, 05:19 AM   #926
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I believe that Shell has advantages over other oil majors, its better positioned to transition from oil company to energy company. I'm buying Shell now on the bad news because markets like to overreact!


If there's continued weakness ETF is a good idea! XLE is 100% US and subject to 30% withholding. SXLE might be a better buy for less withholding. But maybe an international energy etf that holds Shell, BP, Total, not just US oil majors would be better, WRNG? I'm also holding a little bit of NORW despite the withholding (check out the correlation between oil price and NORW)
ur shell buy us or LSE?

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Old 23-02-2020, 09:26 AM   #927
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if you are using IBKR, your interest from lending out, did you have to pay tax on that?
I did not pay any tax on the interests.
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Old 23-02-2020, 10:45 AM   #928
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Any thoughts into ESG related funds?
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Old 23-02-2020, 11:25 AM   #929
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ur shell buy us or LSE?

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Us adr is the best but there's a case for lse too
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Old 23-02-2020, 04:11 PM   #930
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so far weekend djia is -0.19%....only mildly negative.


djia weekend futures at -0.37%...hopefully gold price ejaculates higher on monday.

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