*Official* MasterLeong Thread

[MasterLeong]

think the only companies that will accept your resume are mostly retail and/or F&B...

hmmm how come

u in this line meh?

I tot u doing IT line?

 

[Genosis]

U should go apply for finance-related job, and then show them your CDP and portfolio. Think chances sure tio get.

Nah.....not interested in managing other people's money...too stressful

My mentor did approach me to help him manage his Asia-Pacific portfolio but I oredi politely declined when I met him in Washington, USA this year.....

 

[MasterLeong]

Nah.....not interested in managing other people's money...too stressful

My mentor did approach me to help him manage his Asia-Pacific portfolio but I oredi politely declined when I met him in Washington, USA this year.....

Whats the pay like if u help him manage

 

[Genosis]

A lot of companies value mindset over skill set.

Ya.....some also value the young over those oredi middle-age or past 50s

 

[MasterLeong]

With 40% exposure to reits
I think i will release my FCL position earlier
Lowered TP from 1.70 to 1.60
Now 1.54 so need 6 cents/4% more to TP
All 10,000 sure throw

 

[Genosis]

Whats the pay like if u help him manage

2% fees of AUM

 

[Takodoro]

hmmm how come

u in this line meh?

I tot u doing IT line?

Retail --> shop assistant

F&B --> waiter

 

[akwl88]

My yield on cost for my REITs component is around 6.9%......definitely absolutely keeping long-term! Time to ride out the rate hike storm and earn another medal.......

scully bo storm and its only a passing shower only

 

[mazatsushi]

Portfolio lit up like a Christmas tree today. See until shiok.

But to be honest, would prefer massive bear so that can pick up more at bargain prices then wait for an even bigger Christmas tree

 

[Genosis]

scully bo storm and its only a passing shower only

scully just a few raindrops....

 

[MasterLeong]

2% fees of AUM

His aum how big, if 2 mil can do full time for sure
Get 40k per year lol

 

[MasterLeong]

https://www.bloomberg.com/quote/FCL:SP
5.6% too low and not attractive enough?

 

[Genosis]

Portfolio light up like a Christmas tree today. See until shiok.

But to be honest, would prefer massive bear so that can pick up more at bargain prices then wait for an even bigger Christmas tree

Sorry bro.....have to ask u another favour since u r based in Japan

How is Softbank doing in Japan? Is the demand strong? How about its competitors like NTT DoCoMo?

Thanks in advance!

 

[MasterLeong]

how I wish got ppl ask me to manage their SG portfolio

I charge 1% happy liao, min 100k (fees 1k)

shares they get to continue keep in their CDP, i access their online trading account to decision what to buy or sell only

 

[MasterLeong]

Sorry bro.....have to ask u another favour since u r based in Japan

How is Softbank doing in Japan? Is the demand strong? How about its competitors like NTT DoCoMo?

Thanks in advance!

maybe 2017 u can go japan holiday and explore their economy hehehehe

 

[Genosis]

His aum how big, if 2 mil can do full time for sure
Get 40k per year lol

High 8 figures.....he got a few properties in Singapore and Malaysia so I have to manage them as well bcos too troublesome for him to travel between USA and Asia....he kept saying he is old man liao

Heavily vested in some tech companies like Softbank and Baidu...

 

[madtari]

I think its much bigger than that. 40k sounds pathetic, given that fresg grad at DSO are already getting >60k pa package. And I believe DK's annual pay package is already more than twice of 40k. DK am I right?

His aum how big, if 2 mil can do full time for sure
Get 40k per year lol

 

[Asphodeli]

hmmm how come

u in this line meh?

I tot u doing IT line?

haha no la i doing IT. just saying that given such a work history, most likely end up is near the bottom of the barrel therefore retail and/or F&B unless you apply at EDMW Capital or something

but then work retail/F&B still got "class" one la. can go work at starbucks and jio xmm baristas

 

[MasterLeong]

High 8 figures.....he got a few properties in Singapore and Malaysia so I have to manage them as well bcos too troublesome for him to travel between USA and Asia....he kept saying he is old man liao

Heavily vested in some tech companies like Softbank and Baidu...

8 figures.. assuming is 10,000,000
2% aum fee is 200k per year leh
divided by 12 months 16k salary per month
how can u turn down such an amazing offer?
makes no sense hahahahaha

 

[Genosis]

how I wish got ppl ask me to manage their SG portfolio

I charge 1% happy liao, min 100k (fees 1k)

shares they get to continue keep in their CDP, i access their online trading account to decision what to buy or sell only

I have a feeling he approached me not bcos my skill damn satki (many professionals have more satki investment skills than me) but bcos he trusts me......hahaha just my feeling lah