2020 market expectations and positioning

[MrHighlander]

Wait long long

Wake me up when STI is 2500

 

[MrHighlander]

Anyone know why Thai Beverage tanked so much lately ?

 

[BBCWatcher]

Anyone know why Thai Beverage tanked so much lately ?

At quick glance it looks like there's a currency headwind, the stock just went ex-dividend at the end of last week, there's a coronavirus outbreak that will likely reduce demand for their products to some extent, and they've got an earnings report coming out soon that investors could be nervous about.

 

[limster]

While waiting for ES3 $2.99, bought Sembcorp $2.00. Ready to average down!

 

[netzach]

While waiting for ES3 $2.99, bought Sembcorp $2.00. Ready to average down!

wah...Sembcorp Ind...is like 52wk low already lol

 

[MrHighlander]

Sembcorp got huge impairment

Not out of the woods yet

While waiting for ES3 $2.99, bought Sembcorp $2.00. Ready to average down!

 

[jermss]

still considered high for ES3.. can wait more...

 

[Newbyib]

still considered high for ES3.. can wait more...

When everybody is waiting, it will not come down. The only thing that’s behaving predictably appears to be USD/SgD

 

[Trader11]

When everybody is waiting, it will not come down. The only thing that’s behaving predictably appears to be USD/SgD

Well if you bought us stocks before this, your profits get a multiplier

 

[kurtgoh]

do you guys think reits etf will be going down?
since its kinda quiet, thanks to the virus.

 

[Newbyib]

Well if you bought us stocks before this, your profits get a multiplier

Yes, you’re right but I converted all my base currency in sgd to usd - became a forex trader instead.

 

[MrHighlander]

Wah US still chionging

 

[MrHighlander]

STI also chiong

I wonder when the tulip will burst

 

[revhappy]

STI also chiong

I wonder when the tulip will burst

I think it is better to decide on a particular allocation, even if it is very conservative, like 25-35%, and get some money into the market and then keep adding slowly, if there is a crash put more money it. Waiting for a crash will drive you mad. BTW are you still earning or are you retired? This about the money you are going to accumulate year after year from savings, all that money needs to go somewhere. It can't go to bonds. So markets will always have demand as long as people are generating surplus money.

 

[MrHighlander]

Thanks. Ya I am thinking of that too - maybe some 15%

I am still earning

I think it is better to decide on a particular allocation, even if it is very conservative, like 25-35%, and get some money into the market and then keep adding slowly, if there is a crash put more money it. Waiting for a crash will drive you mad. BTW are you still earning or are you retired? This about the money you are going to accumulate year after year from savings, all that money needs to go somewhere. It can't go to bonds. So markets will always have demand as long as people are generating surplus money.

 

[revhappy]

Thanks. Ya I am thinking of that too - maybe some 15%

I am still earning

It is so great to be working. If you notice every year as your networth increases, what was considered as high allocation few years back now becomes small allocation, in percentage terms. So your initial allocation will always become more and more conservative, as years pass by, if you don't allocate more. So we have this natural hedge while we are working. So we should just relax and stop watching the markets and focus on other interesting things. Markets are very addictive, but it is detrimental to our networth. The best returns are made by people who don't even know what is going on in the market.

I wish I can find another hobby and forget about markets.

 

[Mecisteus]

I wish I can find another hobby and forget about markets.

Skip reading zerohedge.

Find a sport to past time. Running is a good option.

I am trying to improve my running now.

 

[coolhead]

Skip reading zerohedge.

Find a sport to past time. Running is a good option.

I am trying to improve my running now.

where do u usually run?

Posted from PCWX using Redmi K20 Pro

 

[limster]

wah...Sembcorp Ind...is like 52wk low already lol

some people prefer to buy when its 52wk high. I prefer to buy when its 52wk low!

i'm still cautious about SG and my focus is still on foreign shares. Bought my monthly VHYD last nite before US market opened and chionged.

Its inevitable that SG earnings will be affected, but maybe shares like Sembcorp at 52wk low might have more margin of safety than REITs in this environment.

 

[Mecisteus]

where do u usually run?

East coast.