2020 market expectations and positioning

[Okenba]

but again i treat cpf as bond, so i cant sell my 'bond'

Not a recommendation, but you can use CPFIS to 'exchange' your CPF bonds for stocks.

 

[Trader11]

Anyone chionging China banks with yield between 5 - 6%

 

[Trader11]

Not a recommendation, but you can use CPFIS to 'exchange' your CPF bonds for stocks.

If equities went down 20-30%,thene everyone should do this

 

[limster]

thats why i don't mind refunding my CPF housing loan. I can earn 2.5% inside CPF-OA while waiting for a crash, then i can use CPF-OA to buy either stocks or unit trusts! Maybe one day my CPF-OA will be as much as Uncle Kenny!

 

[highsulphur]

thats why i don't mind refunding my CPF housing loan. I can earn 2.5% inside CPF-OA while waiting for a crash, then i can use CPF-OA to buy either stocks or unit trusts! Maybe one day my CPF-OA will be as much as Uncle Kenny!

I think those days are over... Close would be good enough!

 

[Okenba]

If equities went down 20-30%,thene everyone should do this

I'm curious if anyone has used their SA to invest before.
Under what circumstances would you do that and what did you buy?

 

[wutawa]

I'm curious if anyone has used their SA to invest before.
Under what circumstances would you do that and what did you buy?

Ppl i know isnt even doing well for cpfis-oa. To huat for cpfis-sa must be really pro.

 

[decibel.]

I'm curious if anyone has used their SA to invest before.
Under what circumstances would you do that and what did you buy?

If you can't make do with 4% and think you can do better. For me a risk free 4% is good enough.

Sent from HUAWEI VOG-L29 using GAGT

 

[limster]

I'm curious if anyone has used their SA to invest before.
Under what circumstances would you do that and what did you buy?

I used SA during the GFC. One day my broker called me and told me that I had exceeded my CPF limit, had to top up order with cash (CPF website stock limit is not 'real-time' because of T+3 settlement). Since no more CPF-OA left, I used CPF-SA to buy First State Bridge

However, after the price rose 15%, i decided to take profit since the conventional wisdom is that CPF-SA 4% is better than unit trusts (if I didn't listen to this conventional wisdom and held on till today, I would have beat the CPF-SA 4% every year).

 

[peacefulday]

Don't underestimate the cpf SA compounding interest and it's served a risk balance out of your invest portfolio. I preferred cash only for stock.

I'm curious if anyone has used their SA to invest before.
Under what circumstances would you do that and what did you buy?

 

[Trader11]

Only use SA when there is financial crisis. Not for market corrections

 

[simon_84]

Ppl i know isnt even doing well for cpfis-oa. To huat for cpfis-sa must be really pro.

I only used cpf oa to buy a single reit.
Made some decent returns from starhill global before cashing out for hdb purchase.

 

[revhappy]

HSI hits 28k, what virus, lol.

 

[MrHighlander]

My firm conviction is this is a melt up

HSI hits 28k, what virus, lol.

 

[MrHighlander]

Actually I am happy

The bigger the melt up the more brutal melt down

The only thing is that sometimes I wish I have the conviction to ride this melt up

My firm conviction is this is a melt up

 

[Trader11]

Actually I am happy

The bigger the melt up the more brutal melt down

The only thing is that sometimes I wish I have the conviction to ride this melt up

Bro, hard to say nowadays with the liquidity in the market. Borrow cheap money to speculate seems like the way people are getting rich.

 

[ashethen]

Actually I am happy

The bigger the melt up the more brutal melt down

The only thing is that sometimes I wish I have the conviction to ride this melt up

You could be missing the boat trying to time the market

Posted from PCWX using SM-N960F

 

[MrHighlander]

Yes I agree - dirt cheap money is a huge driver

Bro, hard to say nowadays with the liquidity in the market. Borrow cheap money to speculate seems like the way people are getting rich.

 

[Trader11]

Yes I agree - dirt cheap money is a huge driver

This makes many players to lever up since the cost is cheap. Then sell during "virus" news. Repeat.

 

[MrHighlander]

Any counter to snap up pre- budget ?