Advice for age 42

[hwmook]

Buy bitcoin or Bitcoin etf

Might as well go casino and gamble.

 

[rachdanon]

Whether one leaves a full time job or does some side hustle only, the key thing is to remain productive as long as alive and that usually brings in income, so one is always self supportive There is no retirement in this sense. My 2 cts.

 

[Soomp!]

I stayed in Indonesia (Batam) for 33 days to renew my staying permit

Since I was there I go and open an account with Philips Security
Now then I know this company is from Singapore.

Since I hold a staying permit, I have decided to try to invest in the IDX market.
Since inception, there market has price return around 8 percent

Or 13 percent factoring in dividends

Downside is the IDR dropped drastically against the SGD lowering the total returns.

The stock ticker I'm referring to is IDX30 which is similar to S&P 500 (US) or STI ETF (SG)

They are the top 30 best Indonesia stocks.

What is you all opinion on this emerging market strategy?...

I am thinking just to put in 10 Million IDR per month or maybe more..

 

[BBCWatcher]

The stock ticker I'm referring to is IDX30 which is similar to S&P 500 (US) or STI ETF (SG)
They are the top 30 best Indonesia stocks.
What is you all opinion on this emerging market strategy?...
I am thinking just to put in 10 Million IDR per month or maybe more..

Start with the fact you cannot buy a stock index, not directly. Which funds (that track the IDX30) are you considering?

 

[yukita]

I stayed in Indonesia (Batam) for 33 days to renew my staying permit

Since I was there I go and open an account with Philips Security
Now then I know this company is from Singapore.

Since I hold a staying permit, I have decided to try to invest in the IDX market.
Since inception, there market has price return around 8 percent

Or 13 percent factoring in dividends

Downside is the IDR dropped drastically against the SGD lowering the total returns.

The stock ticker I'm referring to is IDX30 which is similar to S&P 500 (US) or STI ETF (SG)

They are the top 30 best Indonesia stocks.

What is you all opinion on this emerging market strategy?...

I am thinking just to put in 10 Million IDR per month or maybe more..

Please do not do this. IDR is weaker and weaker over years.

 

[Soomp!]

Please do not do this. IDR is weaker and weaker over years.

They seems to have growth ....huge growth and their dividend is like 8 percent.

Say for bca for example, since inception until now. They grown around 25,828 percent ...

They had 4 times of share spilt
1:2
1:2
1:2
1:5

 

[Soomp!]

Start with the fact you cannot buy a stock index, not directly. Which funds (that track the IDX30) are you considering?

I get to find out from Indonesia Philips securities that idx is actually not very popular and their expense ratio is high

Therefore, my plan is to get individual stock and use idx30 as a benchmark.

I have kitas in Indonesia so I can invest directly.

The downside of investing there is also of the withholding tax of 20 percent for non tax treaty citizens.

I think Singapore has a tax treaty with them that will lower it to 15 percent.

 

[Soomp!]

Please do not do this. IDR is weaker and weaker over years.

It is...but the growth and the dividend will be able to take over this currency fluctuation.

I already lost 13 percent in value of 100,000 SGD when I gotten a property there

During 2024 I got it for 100K and now it is only left 87K

Less than 2 years.
It is lol