MARI invest

[lousylah]

I only saw this news broke out in afternoon , but Gold prices start to drop from 6 AM onwards when global markets open. Manipulation at its peak , lol

Earlier I told you be careful of orange man so fast it play out.

Israel and hezbollah “ceasefire”, metals recovers very slightly.

<1hr left before markets close for the weekend
(US holiday due to bak chang/dragon boat fest)

 

[sohguanh]

Lau Goh is right.

"You pay peanuts, you get monkeys."

I don't mind paying a higher expense ratio for a good fund manager that outperforms.

Curious then do you buy index ETF as some has quite low expense ratio. I got buy but small amount becuz I diversify a lot hahaha

 

[FlyGuardX]

Curious then do you buy index ETF as some has quite low expense ratio. I got buy but small amount becuz I diversify a lot hahaha

what do you divesify into?

 

[sohguanh]

what do you divesify into?

Using StashAway IVV QQQ. Put through test recently since free buy fees for all buy trades is new feature from StashAway, QQQ returns ahead of IVV despite it has higher expense ratio. My test is simple everyday buy same amount for both of them.

 

[lousylah]

Gold to test 4kUSD and Silver to test 60usd.

if above support does not hold, both metals may collapse as much as 10% in the coming sessions.

 

[Mr.Canberra]

Gold to test 4kUSD and Silver to test 60usd.

if above support does not hold, both metals may collapse as much as 10% in the coming sessions.

First attempt on 11th Jun to break below $4000 was unsuccessful. This second attempt may be successful as DXY is too strong now.

Institutions have also downgrade gold's target price to be below $5000 by year end.

GG. No point DCA as really free fall. Next support is $3900. If you zoom out the chart you can clearly see it is a down channel.

Gamble on Chips and SpaceX may even recoup the losses.

 

[lousylah]

First attempt on 11th Jun to break below $4000 was unsuccessful. This second attempt may be successful as DXY is too strong now.

Institutions have also downgrade gold's target price to be below $5000 by year end.

GG. No point DCA as really free fall. Next support is $3900. If you zoom out the chart you can clearly see it is a down channel.

Gamble on Chips and SpaceX may even recoup the losses.

You are right on semis, spacez and potentially AI sucking up all the hot $$. Gold goes back to being the boring “filler” in the portfolio merely for diversification.

any chance of metals moving up will likely have to wait until after summer holidays when all the pro traders (and their unlimited leverage) get back to work. Until then can join the retail mania punting on chips, space and AI > likewise the rug pull will come once the pro traders return to work.

 

[sohguanh]

I have posted much earlier sell red colour to buy green colour and hope the green help to partially offset the red. Sometimes the red colour can continue to be red for years before it rise. During these years your monies stuck aka opportunity cost.

For gold silver related investment I have trim recently. For exiting entirely I await orange man fate coming year end to decide further. Trouble maker in power is frightening indeed.

 

[Prohere7321]

240626 LBMA Gold Price AM is 4069.55.

240626 estimated NAV Price of MIG is around 0.9188 (-0.0099).

Announce tomorrow afternoon in MIG.

New all time low for MIG, and consecutively negative since inception return since 080626.

 

[Mr.Canberra]

240626 LBMA Gold Price AM is 4069.55.

240626 estimated NAV Price of MIG is around 0.9188 (-0.0099).

Announce tomorrow afternoon in MIG.

New all time low for MIG, and consecutively negative since inception return since 080626.

My mouth very smelly. Gold spot rate broke below $4000 to $3965 intraday low.

More downside to come. GG x10.

 

[lousylah]

Gold to test 4kUSD and Silver to test 60usd.

if above support does not hold, both metals may collapse as much as 10% in the coming sessions.

Alrdy lost 4kUSD (gold) and 60usd (silver) before NY/Comex open.

Lets see where the support falls to tonight

 

[wutawa]

all my mari invest cmi

Mari Invest	P/L
Income	-$3.95
Gold	-$3.95
Singapore Equity	-$8.56

 

[pratik28]

Alrdy lost 4kUSD (gold) and 60usd (silver) before NY/Comex open.

Lets see where the support falls to tonight

If now like this , how the day when FED actually increase the interest rate within next 6 months

 

[FlyGuardX]

Gold to test 4kUSD and Silver to test 60usd.

if above support does not hold, both metals may collapse as much as 10% in the coming sessions.

you're quite good

 

[pratik28]

seems like a daylight robbery in gold & silver vaults , lol.

 

[Shion]

hope gold and silver drop more. want to buy jewelry.

 

[lousylah]

bearish for metals. Dont DCA or buy the dip yet.

silver likely to test 50usd (by next week)

 

[fr33d0m]

24062026 MII 9.28(+0.04)

 

[pratik28]

Guys a side question , I understand ppl recommend to go for Ireland domicile ETFs v/s USA domicile.

But why USD denominated over GBP denominated , like VWRA vs VWRP or ACWD vs ACWI and such other ETFs , whats the issue investing in GBP denominated ETFs

 

[pratik28]

Guys a side question , I understand ppl recommend to go for Ireland domicile ETFs v/s USA domicile.

But why USD denominated over GBP denominated , like VWRA vs VWRP or ACWD vs ACWI and such other ETFs , whats the issue investing in GBP denominated ETFs

• If you buy a GBP-denominated ETF using SGD, your broker has to convert SGD → GBP → USD (to buy the underlying stocks) and back again when you sell.
• A USD-denominated ETF simply requires an SGD → USD conversion, reducing potential friction, hidden FX fees

I guess its this , but I still dont understand haha. How practical ïs this difference , how big or wide it is or its not a deal breaker