*Official* MasterLeong Thread

[joshuatangua]

Portfolio all reits and dca sti etf.. got a few more bullets.. waiting see telco and banks how this year?

 

[lewissac]

Portfolio all reits and dca sti etf.. got a few more bullets.. waiting see telco and banks how this year?

Bank is almost untouchable for me... Only nibble abit of ST.

 

[joshuatangua]

Only got 1 shot of expandable bullet, have to aim properly! But reit portfolio I also Worry for this year.

 

[lewissac]

Only got 1 shot of expandable bullet, have to aim properly! But reit portfolio I also Worry for this year.

STI-ETF. Safe and Sound

 

[Average]

Only got 1 shot of expandable bullet, have to aim properly! But reit portfolio I also Worry for this year.

banks or singtel i would choose if i got fear.

but i like to gamble, so bought many reits

Sent from 穷小子 using GAGT

 

[akwl88]

Only got 1 shot of expandable bullet, have to aim properly! But reit portfolio I also Worry for this year.

how come u 1 shot only?

 

[lewissac]

Woot! STI closes very green today! (+) Sign is up!

 

[joshuatangua]

how come u 1 shot only?

Student

 

[joshuatangua]

banks or singtel i would choose if i got fear.

but i like to gamble, so bought many reits

Sent from 穷小子 using GAGT

Ya lo, thinking to diversify

 

[Takodoro]

Huat huat new year....day change 1k...

 

[orhanzi]

didn't expect m1 to close so much higher

 

[Average]

Student

hi, im also a student. 24yrs old.

Sent from 穷小子 using GAGT

 

[MasterLeong]

banks or singtel i would choose if i got fear.

but i like to gamble, so bought many reits

Sent from 穷小子 using GAGT

ok la... reits are dividend stocks

dividend stocks generally safer than growth stocks but lower returns

collect 6% yield on reits and have peace of mind hehe

 

[MasterLeong]

Portfolio all reits and dca sti etf.. got a few more bullets.. waiting see telco and banks how this year?

banks expensive, telcos cheap

 

[MasterLeong]

Woot! STI closes very green today! (+) Sign is up!

very good start for the year, maybe under 3 month can break 3000 riao hahaha

 

[MasterLeong]

Singapore home prices fall for third year amid government curbs
By Bloomberg / Bloomberg | January 3, 2017 : 4:28 PM MYT
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SINGAPORE (Jan 3): Singapore home prices fell 3% in 2016, the third straight year of declines as the government held steadfast on property cooling measures.

An index tracking private residential prices fell 0.4% in the three months ended Dec 31 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Tuesday. Prices fell for a 13th straight quarter, the longest streak since the data was first published in 1975.

The government has signaled it is reluctant to lift property tightening measures it started implementing seven years ago as it wants to avoid overheating the market again. Singapore doesn’t intend to ease property curbs anytime soon, the central bank’s Managing Director Ravi Menon said in September.

The existing stock of unsold homes may take three years to sell, according to Augustine Tan, president of the Real Estate Developers’ Association of Singapore. In addition to the oversupply, home vacancy rates are at the highest in more than 11 years, Tan said in September.

The residential curbs have included a cap on debt-repayment costs at 60% of a borrower’s monthly income, and higher stamp duties on home purchases, after low interest rates and demand from foreign buyers raised concern prices had risen too far too fast.

Home values have dropped 11% from their 2013 peak, and sales have declined to about half that year’s level.

Still, developers sold 7,769 homes through November, topping the sales tally of 7,440 units recorded in 2015. Sales for 2016 could rise to 8,000 units, according to CBRE Group Inc. Singapore remains a high-end housing market in Asia -- the city was ranked the region’s most expensive to buy a luxury home after Hong Kong, according to a 2016 Knight Frank wealth report.

Apartment prices in prime districts remained unchanged last quarter after falling 1.9% the previous quarter, the data showed. Suburban apartment prices slid 0.3%, while areas near prime districts declined 2%.

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[joshuatangua]

hi, im also a student. 24yrs old.

Sent from 穷小子 using GAGT

Same same brother..

 

[onlybuyneversell]

Waiting for banks.

No <1 book value no buy.
No >1.15 book value no sell.

 

[EvilPaladin]

didn't expect m1 to close so much higher

this is unexpected for me. shortist burnt?

 

[MasterLeong]

M1 if can hit 2.40 this year, i would sell 1/3 position
Reduce from 15k to 10k