*Official* Shiny Things club - Part 2

[Ilovemathstutor]

Is Interactive Brokers often down on the weekends? The past couple of weekends, I have had trouble connecting (OTP won't send to my phone etc). Wondering if this is normal..? Seems to be fine on weekdays

they don't work on weekends.
look up their operating hours and be in-sync with it.
if u are contacting them on weekdays, it would be fine.
i use their online customer service v often, when i have questions.

 

[ilovebaoz]

If investing $1000/month, is it better to use dbs cash upfront instead of scb? Since both charges a min of $10

 

[chyn_no]

Good news all,
Ocbc bcip now offer nikko corporate bond MBH and lion phillip s reit etf

 

[ftpofmpo]

Someone should start a vehicle that allows for cpf funds to be channeled to iwda

 

[Shiny Things]

Better wait than now.

Yield curve inversion starting in May 2019 is a sign of coming recession in about 1-2 year time [...]

You left out the most important part: in the USA. Even if the US slips into recession (which is not looking likely, despite the panic over rate cuts that sent the short end of rates markets winging around today), that’s just in the USA.

A well diversified portfolio would own a big slug of US-listed stocks, but would also own European stocks, Japanese stocks, Singaporean stocks... and would be holding them for years, so a recession in the US would be a buying opportunity anyway.

The other thing is, a lot can happen in 1-2 years. 2s-10s Treasuries inverted in mid-1998, and US stocks still managed to rise a good 50% between that point and the peak in March 2000.

 

[derwelt]

Questions from a new starter

Hi, after reading Shiny Thing’s Rich By Retirement and some of the many past post here, believe the norm is to do something like below:

Investment
a) 40% in iShares Core MSCI World ETF (IWDA)
b) 40% in SPDR Straits Times Index ETF (ES3)
c) 20% in Nikko Asset Management SGD Investment-Grade Corporate Bond ETF (MBH)
Rebalancing twice a year in mid of May and November.

Brokerage
a) SC - Standard Chartered - for local market
b) IB - Interactive Brokers - for international market



I have set aside $1000 to $1500 per month for Investment. Appreciate if someone could share your advise on the following:

1. Have read about and is Interested in investing in the Hong Kong ETF. Does it make sense to add SEHK2800 and to do something like this
a) 30% in iShares Core MSCI World ETF (IWDA)
b) 30% in SPDR Straits Times Index ETF (ES3)
c) 20% in The Tracker Fund of Hong Kong (SEHK: 2800)
d) 20% in Nikko Asset Management SGD Investment-Grade Corporate Bond ETF (MBH)

Brokerage: (a),(b) and (c) with IB and (d) with SC.


2. With my limited cash amount per month, what will the the best arrangement (to minimise fees) for my investment?
a) monthly purchase of the ETF and MBH
b) quarterly purchase of the ETF and MBH or
c) half annualy purchase of the ETF and MBH


3. For cash funded trading account from the respective website"
a) iOCBC - 0.18% flat or S$18 minimum commission brokerage rate for online SGX trades
b) DBS Vickers - commission rate of 0.12%, minimum SGD10 when trade via DBS/POSB iBanking for all Singapore trades
c) Standard Charter - Banking Clients 0.20%
Isn't DBS Vickers cheaper than SC?

Thank you for any information and advise.

 

[Purplestars]

Is IWDA still the most recommended ETF? Any more analysis on the new world index ETFs with lower TER, as well as VWRD outperforming IWDA?

 

[ftpofmpo]

With the prolonged trade war it seems that it's is best to avoid us and China stocks and go for european and Japanese stocks?

 

[decibel.]

You’re welcome to pay more for Singapore government bonds (A35), but why would you? The government started offering them directly, in $500 bite sized chunks.


Yes, but evidently you aren’t planning $5,000 per month of savings.


No. You just pick the SSB deadline and buy both the SSB and IWDA on that date. If you like my formula.


OK, great. So let’s assume $850/month. You could do $200/month into G3B, one $500 SSB every three months, and the remainder every three months into IWDA. For example.


Then you won’t like A35 either, because it’s investing in Singapore Government Securities, too. Except you’ve got to pay DBS/POSB and Nikko AM Shenton more.

Thanks bro. I'm been thinking about this. Will this work too?

800 per month.
40% IWDA
20% ES3 or G3B
20% MBH corporate bond
20% Lion Reit or SGX

Is es3 better than g3b since the error tracking is higher for g3b?

Sent from Samsung SM-G920I using GAGT

 

[intime]

Good news all,
Ocbc bcip now offer nikko corporate bond MBH and lion phillip s reit etf

Great! I'm switching to ocbc bcip.
but i'll need to open an ocbc acct...

 

[littleredboy]

And there I was lamenting Maybank ke stopped MIP..woohooo!!! Will posb offer this too at even lower costs i wonder?

Good news all,
Ocbc bcip now offer nikko corporate bond MBH and lion phillip s reit etf

 

[sacramentooo]

Hi ST and all,

For people with a larger portfolio (lower 7 figures), IWDA and EIMI are recommended as the go-to combination on this forum, but these two actually do not cover small cap stocks. After some research I found WSML (iShares MSCI World Small Cap UCITS ETF), which seems to complement those 2 funds pretty well. Is there any reason that WSML is not recommended as often here? If I do decide to pursue this 3-fund strategy, what are the suggested percentages for each fund? Ant input is highly appreciated.

 

[smart alex]

Good news all,
Ocbc bcip now offer nikko corporate bond MBH and lion phillip s reit etf

OCBC new offering on nikko corporate bond MBH

finally after MAYBANK stop their RSP

Enjoy S$20 cashback when you invest in 1 or more counters for 3 consecutive months.
T&Cs apply. Promotion valid from 7 Jan to 30 Jun 2019.

 

[smart alex]

Is IWDA still the most recommended ETF? Any more analysis on the new world index ETFs with lower TER, as well as VWRD outperforming IWDA?

VWRD is it very similar to IWDA?

 

[Fcesca]

they don't work on weekends.
look up their operating hours and be in-sync with it.
if u are contacting them on weekdays, it would be fine.
i use their online customer service v often, when i have questions.

I see.. thank you

I tried their online chat.. seemed to hang on to 'connecting'

Was wondering why when going to trade SWDA today it showed the closing stock price, however IWDA showed the current price? They are both on the LSE which is open at this time so I don't understand why SWDA shows the closing price only

 

[littleredboy]

I'm adjusting my portfolio, and wondering do I categorize MBH as an "etf" or "bond"?

 

[revhappy]

I'm adjusting my portfolio, and wondering do I categorize MBH as an "etf" or "bond"?

Both. 10 char.

 

[revhappy]

https://www.marketwatch.com/story/this-yield-curve-expert-with-a-perfect-track-record-sees-recession-risk-growing-2019-06-05?mod=mw_theo_homepage&mod=mw_theo_homepage

This yield curve expert with a perfect track record sees recession risk growing

By*Howard Gold

Published:*June 5, 2019 8:51 a.m. ET

Come over to the bears den thread. This is the wrong place to post this.

 

[lancer6238]

What are your thoughts on OCBC's roboinvester?

Sounds like DCA is possible too?

Based on your instructions, your investment will also be made automatically so you do not have to worry about timing the market.

 

[Shiny Things]

Hi ST and all,

For people with a larger portfolio (lower 7 figures), IWDA and EIMI are recommended as the go-to combination on this forum, but these two actually do not cover small cap stocks. [...] Is there any reason that WSML is not recommended as often here?

Yeah, because a market-weight allocation to small-caps is going to be tiny, like 1-2% of your portfolio. An allocation that small is just going to run up transaction costs without making any real difference to your returns. Small-caps aren't really worth bothering with.

Thanks bro. I'm been thinking about this. Will this work too?

800 per month.
40% IWDA
20% ES3 or G3B
20% MBH corporate bond
20% Lion Reit or SGX

What's with the random allocation to Lion Reit/SGX? Why bother?

Is es3 better than g3b since the error tracking is higher for g3b?

The two are basically the same. It doesn't matter.

With the prolonged trade war it seems that it's is best to avoid us and China stocks and go for european and Japanese stocks?

Mate, Donny Two Scoops has been trying to start a trade war with China basically since he got into office. "Because trade war" is not a reason to sell US stocks; in fact, if you're actually investing for a longer time horizon (more than a few years), it's a reason to buy stocks.

I'm adjusting my portfolio, and wondering do I categorize MBH as an "etf" or "bond"?

Bonds. "bonds" are the asset class; "ETFs" are just a vehicle to invest in different asset classes.