*Official* MasterLeong Thread - Part 2

[Layers]

3-6month of living expenses only. No need to include CPF.
It's main function is for one to survive short-term until one is able to find job. Presumably, it means one can find it within 3-6months. If you think you would need longer to find job due to the nature of your job, then you need to prep more.

6mnths eat at hm. Go out for job search nia 300 a mnth kym? 3mnth need 900 nia

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[MasterLeong]

was deciding between FCT and MCT.... since i own CMT, i think i shall got for MCT for diversification

MCT boat always here to welcome you on board ^_^

 

[MasterLeong]

MCT vested.

welcome on board mate

may the power of CD guide us all hahahahaha

 

[MasterLeong]

Thats what im saying. no commitment and stable work what other emergency can there be.



i keep my emergency fund in ocbc 360 acc for more interest. i do not really need to seperate it because i am in comtrol of my spending



since this case, ppl say that emergency fund should be around 3-6mth. is it 3-6mth worth of income after cpf or expenses.

expenses means cash expenses

if you one month use 1k cash for transport, food, clothes, entertainment etc... then you need to set aside at least 3-6k as emergency fund in cause u jobless for 3-6 months


for me, my monthly expenses is around 1k... my emergency fund is at least 10k... mine is higher because I am self employed, earnings more volatile

 

[Jazzbie]

1.955 high ah?

Long term hold for dividends sure make money but CMT / FCT buy indicator for me is when below book value. The boat always comes back so just need to make sure to be brave enough to buy when that happens. And buy more as it drops more if the fundamentals have no change.

 

[MasterLeong]

Do you all think MCT is a good buy @ 1.460?

1.45 or 1.42 jiak

get the same levels as placement and rights issue, safer

 

[MasterLeong]

SATs boat like forever won't leave Harbour 1 Sia hahahaha

SATS already up so much... i believe its upside is limited with downside may be big... it was not long ago that it was a $3+ stock... now a $5 stock, the fundamentals have not improved that much

 

[starfish.starfish]

6mnths eat at hm. Go out for job search nia 300 a mnth kym? 3mnth need 900 nia

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Survive doesn't mean just food. What about your other expenses like bills, haircut, transport, entertainment. Realistically how much you spend every month that should your basis for calculation of your emergency funds. Perhaps with a 20% discount since some portion can be cut/ controlled if needed.

 

[MasterLeong]

Long term hold for dividends sure make money but CMT / FCT buy indicator for me is when below book value. The boat always comes back so just need to make sure to be brave enough to buy when that happens. And buy more as it drops more if the fundamentals have no change.

95% of the time CMT trades above book value, very seldom CMT trades at book or lower, unless crisis/mega bear periods

time in market beats timing the market

 

[MasterLeong]

Fct towards $2 already
Yet cmt boat come back

Now 1.95 really good chance to board cmt

Good luck

 

[goh6570]

Fct towards $2 already
Yet cmt boat come back

Now 1.95 really good chance to board cmt

Good luck

i got boarded, in dec period

 

[[M]aiev]

Fct towards $2 already
Yet cmt boat come back

Now 1.95 really good chance to board cmt

Good luck

I boarded both leh

 

[Layers]

Wa M1.wwjbh today

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[madtari]

Me too! Boarded both during the Dec hike dip.

i got boarded, in dec period

I boarded both leh

 

[[M]aiev]

announced rate hike, then market tio knee jerk.

 

[Genosis]

analysts are saying that CMT may have 1 quarter of negative reversions in 2017

That might happen.....

I look at slide number 26......these are the malls with negative rental reversions last year.....Bugis+ most jialat

http://infopub.sgx.com/FileOpen/20170120_FY2016_CMT_Financial%20Results_Slides.ashx?App=Announcement&FileID=436339

Bugis+ Mall -8%
Westgate -7.2%
The Atrium@Orchard -2.5%
Bedok Mall -1.3%

4 out of 13 properties...

 

[goh6570]

frankly speaking bugis + really nothing much leh... tats explains lesser crowd and thus fewer tenants keen?

That might happen.....

I look at slide number 26......these are the malls with negative rental reversions last year.....Bugis+ most jialat

http://infopub.sgx.com/FileOpen/20170120_FY2016_CMT_Financial%20Results_Slides.ashx?App=Announcement&FileID=436339

Bugis+ Mall -8%
Westgate -7.2%
The Atrium@Orchard -2.5%
Bedok Mall -1.3%

4 out of 13 properties...

 

[Layers]

frankly speaking bugis + really nothing much leh... tats explains lesser crowd and thus fewer tenants keen?

effect of no more Mac donalds?

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[evilbdboi]

RMG u see the PE ratio... so high...

investors buy RMG at 35 PE and hope that it goes to 50 PE, this is not value investing for sure

High PE does not equate to price is too rich. If earnings is increasing in a higher rate the PE will fall eventually. Weather its value investing depends on the input value the valuer calculate. The end result will be different for everyone. What is of value to you may not be of value to others hence the existence of margin of safety.

 

[dolph001]

since this case, ppl say that emergency fund should be around 3-6mth. is it 3-6mth worth of income after cpf or expenses.

There is no right or wrong to this. How much do you think you will need if suddenly, you find yourself unemployed/ hospitalised but cannot claim insurance?

Based on your own circumstances and expectations of future mishaps, the size of emergency fund will differ from person to person.

I keep 4 months expenses as emergency fund in UOB's One account. And I have access to cash advance using my credit card for another 6 months. This one is last resort which is unlikely to be utilised.