*Official* MasterLeong Thread

[lewissac]

What is this $1,000 commission when you are going to make $30,000 from this $100,000

Haha, I'm production minded people. Use the least amt of resources to make the most amount of gains. If can reduce cost, I will do it.

 

[akwl88]

But ur investment portfolio better than me hahaha good leh

no good la

 

[shared]

Tiagong dbs weasure have 500k++

Last time got say got 1m to pump in

 

[MasterLeong]

Hey guys, first time in this thread.

I am going to start investing and have some questions.

It seems like you guys don't really buy bonds for diversification purposes and your portfolios are sgx focused.

Is currency risk a reason for this? What allocation should I have for SG/foreign stocks?

I used to have some coporate bonds like genting 5.125%
CMT 3%
CMA 3.8%
FCL 3.6%

but as interest rates when very very low, the bonds when u and I sold them all off

current I have some money in SSB, singapore saving bonds

 

[MasterLeong]

Hey guys, first time in this thread.

I am going to start investing and have some questions.

It seems like you guys don't really buy bonds for diversification purposes and your portfolios are sgx focused.

Is currency risk a reason for this? What allocation should I have for SG/foreign stocks?

you should have at least 50% in SGD investment as your living expenses are in SGD, if u plan to retire overseas... maybe can go more towards USD dominated investments

besides SG market, can look at US and HK market

unfortunately I only cover SG market

 

[MasterLeong]

besides those perpertual and retail bonds, can a person with limited capital like myself invest in other kinds of bond? I doubt it right.. haha.

retail bonds have about 10 different corporate bonds that are traded to pick from

also got SSB and ABF bond fund

 

[MasterLeong]

I am 24 years old and the money will not be touched. I have about $100k to put in and i plan to enter by doing some DCA.

The portfolio allocation that I am looking at is around 70/30 stocks/bonds.

As for SG and foreign shares, for SG I am looking for dividends so stuff like telcos and banks. While for foreign I will probably will using index with small amounts of stock picking.

the 30% bonds can consider DCA into ABF

http://www.nikkoam.com.sg/etf/abf

 

[MasterLeong]

I am 24 years old and the money will not be touched. I have about $100k to put in and i plan to enter by doing some DCA.

The portfolio allocation that I am looking at is around 70/30 stocks/bonds.

As for SG and foreign shares, for SG I am looking for dividends so stuff like telcos and banks. While for foreign I will probably will using index with small amounts of stock picking.

70% stocks can buy ETF or stock pick... see which one u prefer

 

[MasterLeong]

I see.
Then I guess it might be better to wait for interest rate to actually go all the way up before investing in some bonds. I suppose prices for that will be depressed, then.

yup, i think rates will slowly go up and corporate bond prices will go down

so now for bonds I only into SSB, risk free but low returns of only 2-3% long term

 

[MasterLeong]

http://www.straitstimes.stfi.re/business/bargain-stocks-aplenty-but-where-are-the-buyers?sf=jkjnyez#aa

stocks are cheap but investors dont dare to buy

when STI chiong pass 3000 and 3300 they will come back to buy hahahaha

 

[eveee99]

https://www.ocbc.com/personal-banking/accounts/global-savings-account.html

https://www.ocbc.com/business-banking/accounts-and-services/foreign-currency-accounts-lightbox.html

Thanks. I notice USD is not included. Thinking whether I should start accumulating USD...

 

[lewissac]

SembCorp Ind: 3.000 (+3.1%)
SembCorp Marine: 1.520 (+4.8%)
Keppel Corp: 6.230 (+5.1%)

Rebound! and Rejoice!

 

[Sinkie]

Haha, I'm production minded people. Use the least amt of resources to make the most amount of gains. If can reduce cost, I will do it.

Like that give you $1 comm per trade, but give u 1000 chances to make $30,000 but yet overall still lose money means what? You are not productive enough?

If you are good, you can still make money even if you are being charged 1% comm la

 

[[M]aiev]

stocks are cheap but investors dont dare to buy

when STI chiong pass 3000 and 3300 they will come back to buy hahahaha

When they buy we locked in profit liao

 

[Takodoro]

stocks are cheap but investors dont dare to buy

when STI chiong pass 3000 and 3300 they will come back to buy hahahaha

It is then time to sell

 

[MasterLeong]

Thanks. I notice USD is not included. Thinking whether I should start accumulating USD...

https://www.ocbc.com/personal-banki...CurrentAccount:Nov16:internal:depositsLP:::::

should only have foreign currency if u want to invest in their market

like US and HK markets

 

[MasterLeong]

SembCorp Ind: 3.000 (+3.1%)
SembCorp Marine: 1.520 (+4.8%)
Keppel Corp: 6.230 (+5.1%)

Rebound! and Rejoice!

wow KC up so much

huat ah $$$$$$$$

guess many people are saved by the oil rally hahahaha

 

[MasterLeong]

When they buy we locked in profit liao

yeah wahahahhahahaha

 

[chuanz]

I am 24 years old and the money will not be touched. I have about $100k to put in and i plan to enter by doing some DCA.

The portfolio allocation that I am looking at is around 70/30 stocks/bonds.

As for SG and foreign shares, for SG I am looking for dividends so stuff like telcos and banks. While for foreign I will probably will using index with small amounts of stock picking.

I follow ShinyThings' method. But with your capital, you can afford to venture out a bit more.

110 - 24 = 86% in stocks, 14% in bonds.

Bonds: so $14k in A35 or SSB, whatever floats your boat.
Foreign equities: $43k , further split to 3 tranches of $14k+ and buy IWDA over the next three months.
Local equities: $43k, split into 3 tranches. At least one tranche in ES3. The remaining can play around individual stocks, or if that's not your cup of tea, dump into ES3 over the next few months.

Rebalance once/twice a year, or your own method as you grow and mature in the markets.

DYODD
That's Do Your Own Due Diligence, in case you are not familiar with the term.

and stick to your plan.

 

[MasterLeong]

It is then time to sell

I rebalanced once at 2950 riao

if goes to 3300 I will rebalance again hahahahaha