*Official* MasterLeong Thread

[Genosis]

Hmm.. you are right.
1 From HK, 7 from Australia, 2 from Singapore (CMT, Ascendas)

Apparently, Japan was excluded... wondered why.

Real estate is not the best investment in a nation caught in a deflationary spiral..... difficult to get positive rental reversions

 

[Asphodeli]

The top REIT market in Asia is Japan, followed by Australia and Singapore. Hong Kong is a distant fourth. But this REIT etf does not even have a single REIT from Japan.....

it's tracking the APAC ex-Japan REIT index, of course no have Japanese REIT la

 

[lewissac]

Reminds me of the times when I used to go around my class to ask my classmates for their exam results because I want to compare.....I will be happy if I scored higher than most of them and frustrated if I scored lower

Later, I realised all these comparison is just pointless.....even if I top my own class, there are so many other classes and other schools in Singapore! So, I have accepted the fact that there will always be people who are better or worse than me. The key is to challenge myself, not others.....

Reminds me of this famous quote:

“I failed in some subjects in exam, but my friend passed in all. Now he is an engineer in Microsoft and I am the owner of Microsoft.”

 

[Genosis]

it's tracking the APAC ex-Japan REIT index, of course no have Japanese REIT la

Of course.....but bro lewis meant why must 'ex-Japan'?

 

[lewissac]

Real estate is not the best investment in a nation caught in a deflationary spiral..... difficult to get positive rental reversions

But would that cushion some risk comparing with buying just few REITS individually?

I read somewhere in the blog and they mentioned this REIT ETF is also subjected to 17% witholding tax as well.

 

[Genosis]

But would that cushion some risk comparing with buying just few REITS individually?

I read somewhere in the blog and they mentioned this REIT ETF is also subjected to 17% witholding tax as well.

I prefer building my own S-REIT etf..... once I saw the top 10 has lots of Aussie REITs I ignore liao bcos a few of my REITs oredi have significant exposure in Aussie

 

[Asphodeli]

Of course.....but bro lewis meant why must 'ex-Japan'?

dunno liao, must ask the index provider, aka SGX

 

[MasterLeong]

In future should have pure sg reit etf
Wait for that one ba

 

[MasterLeong]

Today market red red
One year of market going no where hahaha

 

[akwl88]

I prefer building my own S-REIT etf..... once I saw the top 10 has lots of Aussie REITs I ignore liao bcos a few of my REITs oredi have significant exposure in Aussie

insert FLINT gif

 

[Genosis]

insert FLINT gif

Hehehe.....Ascendas and MLT also got quite a lot of quality freehold properties in Aussie

 

[Genosis]

Today market red red
One year of market going no where hahaha

Singapore really peaked at SG50 liao...... now is just to maintain current levels as long as we can

 

[yihao93]

Today market red red
One year of market going no where hahaha

Spread fear post start

Gg start of lost decade

Spread fear post end

 

[Genosis]

Spread fear post start

Gg start of lost decade

Spread fear post end

IMO not yet reach lost decade yet......we still have a few projects like the HSR, Project Jewel, Changi Terminal 5, mega new port at Tuas

More like 'treading water' decade as Singapore's economy is already matured.....the best strategy in a developed economy is to collect CD!

 

[akwl88]

IMO not yet reach lost decade yet......we still have a few projects like the HSR, Project Jewel, Changi Terminal 5, mega new port at Tuas

More like 'treading water' decade as Singapore's economy is already matured.....the best strategy in a developed economy is to collect CD!

awaiting plans and proposals from Committee on the Future Economy

 

[caltex88]

IMO not yet reach lost decade yet......we still have a few projects like the HSR, Project Jewel, Changi Terminal 5, mega new port at Tuas

More like 'treading water' decade as Singapore's economy is already matured.....the best strategy in a developed economy is to collect CD!

Still can hoot aims?

 

[MasterLeong]

SG really entering slow growth stage
1% gdp growth gg max
Want to bet on companies growing earnings is hard
Collect dividends sua

 

[mcsane]

Still can hoot aims?

aims.. i tink a better bet is ascendes... 2% less DIV but alot more stable.

though ascendes is still trading above book. i would like to assume that we will be able to buy at discount during next year's fed actions.
just my 2cents

 

[chickenmedium]

went Vivo on Tuesday and Wednesday.

so crowded! seems like Mapletree is doing well..

good time to enter MCT now?

 

[Squaredot]

aims.. i tink a better bet is ascendes... 2% less DIV but alot more stable.

though ascendes is still trading above book. i would like to assume that we will be able to buy at discount during next year's fed actions.
just my 2cents

What's Ascendas book value?