*Official* MasterLeong Thread

[Average]

knn cimb so good serbice? got mobile app? knn **** dbs...

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[madtari]

Good for DJI... but coming Mon STI will be headless chicken running on airport runway again...

http://www.channelnewsasia.com/news/business/wall-street-opens-higher-dow-aims-for-20-000/3373620.html

Wall Street opens higher; Dow aims for 20,000

REUTERS: U.S. stocks opened higher on Friday, with the three major indexes on track to post weekly gains and the Dow within spitting distance of 20,000, a level it has never breached. The Dow Jones Industrial Average rose 40.11 points, or 0.2 percent, to 19,892.35. The S&P 500 gained 4.36 points, or 0.192747 percent, to 2,266.39. The Nasdaq Composite added 11.31 points, or 0.21 percent, to 5,468.16.
(Reporting by Tanya Agrawal; Editing by Anil D'Silva)
- Reuters

 

[L'oreal Paris]

my portfolio as of now

i really regret not listening to one of my buddy here i bought 1 week earlier haha now portflio red red

Spoiler

 

[Tornesoul]

in future when I start to create my ladder bond portfolio maybe I will start a new thread to teach about picking bonds and managing a bond portfolio

for now, I think this thread still mostly focused on stocks

but if anyone got question on bonds can ask me too

I tot of bond ladder too, but wat can we use locally? Sgs/ssb? Low yield though..

At least fixed schedule

Corporate retail bonds, no fixed schedule

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[wiz]

Any good mobile app to monitor and track portfolio? Was using BBG until they upgrade the current version which is really cmi. Can no longer see % of counter in the port, the % gains and sectors.

 

[MasterLeong]

For ppl in twenties, do you recommend bonds in portfolio?
Individual bonds or Bond etf?
any guideline for the bond % of portfolio?

Thanks in advance.

in early 20s no need bonds ba, can be more aggressive and go all stocks to grow your wealth first

bonds is lower risk lower returns


maybe pass 30 then start to put some into bonds, a lot of choice from the retail traded bonds.. over 10 different bonds now and in future will have more

 

[MasterLeong]

Maybe that's why she keeps selling m1 shares..
Money not enough

maybe ba

got ppl in this forum say she sell m1 shares to purchase property

 

[MasterLeong]

my portfolio as of now

i really regret not listening to one of my buddy here i bought 1 week earlier haha now portflio red red

Spoiler

ok la... very small red its fine

dont panic sell out can riao

hold and enjoy the power of CD

jia you

 

[MasterLeong]

I tot of bond ladder too, but wat can we use locally? Sgs/ssb? Low yield though..

At least fixed schedule

Corporate retail bonds, no fixed schedule

Sent from Sent from where? using GAGT

ya lor... now still hard to do

but in the coming years hope more retail bonds on sgx, i would like to make one using corporate bonds only for higher yield

maybe mix in sgs

 

[MasterLeong]

Any good mobile app to monitor and track portfolio? Was using BBG until they upgrade the current version which is really cmi. Can no longer see % of counter in the port, the % gains and sectors.

no idea man, I only use desktop iOCBC

 

[Dividends Warrior]

I tot of bond ladder too, but wat can we use locally? Sgs/ssb? Low yield though..

At least fixed schedule

Corporate retail bonds, no fixed schedule

Sent from Sent from where? using GAGT

Bond etf might be more feasible.

 

[wiz]

most important thing is must know which stocks are for keeping and which stocks are for trading

stocks to keep are like dividends/growth stocks
telco reits banks are meant to be held for long term dividends

stocks to be sold are those cyclical or trading counters
SCI and KC are not meant to be held for long term one... they go from $6 to $12 then back to $6 again... endless cycle... only a fool will hold them for 10 years

some stocks for trading are those that are undervalued and may face corporate actions... like my pick on ARA/GLP/FCL... as I felt that the market was generally pricing these asset managers too low... so when it jumped 10-20% to close into its fair value... I will just sell and not leave any emotions behind


lastly to add on to reits telco banks... there will be a time to sell them, but do not sell all... its call rebalancing

example

if my OCBC increase from 30k value to 40k value... I do not sell all 40k worth of OCBC.. I will sell 10k worth of ocbc to lock in my gains and rebalance it back to 30k original position

cheers

Do not quite agree on Banks, they are also cyclical in nature. I will not call them as a true defensive stock but the 3 locals ones are 100% safe, if they are not I do not know what is safe.

 

[MasterLeong]

Do not quite agree on Banks, they are also cyclical in nature. I will not call them as a true defensive stock but the 3 locals ones are 100% safe, if they are not I do not know what is safe.

banks a bit cyclical when economy slow down their earnings might go down a bit but in the long run i see banks as growth stocks that tracks the health of the asia economy

 

[MasterLeong]

US green green

19,921

 

[MasterLeong]

hope next week STI also green green

have a good weekend guys

 

[Tornesoul]

Bond etf might be more feasible.

A35 yup. But quite diff from bond ladder though.

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[Maeda_Toshiie]

oh previously I was 100% vested as I did not have the 200k

only towards Q3/Q4 this year, I sold off my 30% stake in a private business that's why got the lump sum in which I quickly put in to FD/SSB to prevent myself from doing anything rash/stupid

no matter what this portion I think I die die also will not put into stocks one... at current point.. my thinking is it will be my "fixed income" portfolio ba

for now FD/SSB... in future will slowly vest into bonds to form a ladder bond portfolio

(those who do not know what is a bond ladder please feel free to read from the link below)
http://www.schwab.com/public/schwab...nvestment/bonds/individual_bonds/bond_ladders


if along the way I find any business opportunity, then may use this 200k to fund the biz however I think the odds of me taking this path is low

I had this idea with fixed deposits, where the fixed deposits are placed at x months apart, so that they would mature at in stages. IMO, this way more money can be placed in FDs with the flexibility of cash being available within a few months if necessary to avoid the need to liquidate an entire FD (and miss out on the interest) when the cash is needed.

I pitched the idea to my mum. She didn't like it.

 

[MasterLeong]

https://sg.finance.yahoo.com/echarts?s=A35.SI#symbol=A35.SI;range=my

ABF now very overvalued at near 1.15

15% premium

when interest rates goes back to 3% the prices of its long term government bonds will fall an the fund is likely go retreat back to 1.00

I would not hold this for long term

 

[MasterLeong]

I had this idea with fixed deposits, where the fixed deposits are placed at x months apart, so that they would mature at in stages. IMO, this way more money can be placed in FDs with the flexibility of cash being available within a few months if necessary to avoid the need to liquidate an entire FD (and miss out on the interest) when the cash is needed.

I pitched the idea to my mum. She didn't like it.

old people they dont understand one lol


but for FD ok to put in those 1 year de lor... since all your FD 1 year or less.. should be fine ba

 

[MasterLeong]

if look at ABF etf their holdings, most of their long term bonds are trading at way way above PAR value... very overvalued and dangerous to go in now

http://www.nikkoam.com.sg/files/documents/abf_singapore_bond_index_fund/indicative_holdings.pdf


2nd point to add, the yield is also very low at less than 2%

https://www.bloomberg.com/quote/SBIF:SP

I think SSB would be better than ABF for sure, since SSB is risk free

ABF now the big risk is higher rates, leading to lower NAV per share