*Official* Shiny Things club

[Perisher]

Hi all,

Is it true that SCB doesn't provide any market data for VWRD?
i.e cannot find it via stock watch, market research etc....

Thank you

What data are you looking for?
SCB is quite minimalist a platform. Even so, ETF usually doesn't have much data than those on their official site.

 

[marvel.avengers.ultron]

What data are you looking for?
SCB is quite minimalist a platform. Even so, ETF usually doesn't have much data than those on their official site.

Yes. I realised. Perhaps I look at their website for their annual report for more information.

Cheers=)

 

[SnakeRabbit]

Followed shiny advice.

Entered @ $3.22 for ES3 today

 

[Shiny Things]

hi Shiny,

what do you think is the likelihood that because of all the liquidity from the QE... we won't be going into a correction, but because of very gradual hikes in interest rates, we would be going into a very long, slow expansion of a bull market instead?

So to be fair, this is my base case, but not because of liquidity from QE. American QE ended a year ago! The Fed has not quantitatively eased since mid-2014! I think we're going to see a long, slow, steady bull market over the next ten years or so, just because the US economy is back to expansion. We're out the other side of the 2008 implosion; it took a long time, but it's happening.

if we look back, S&P 500 has gone from 1500 region in the 2008 to the present 2100 region, which is unprecedented.

Not really unprecedented. Between 1982 and 2000, the S&P 500 went up by more than ten times, from 111 to 1400-ish - that's 15% per year, compounded, not even including dividends. And there was a gigantic crash right in the middle of that in 1987, but the index just kept on truckin'.

hi...

the thing is my money is in SGD, so changing now, means I lose quite abit immediately, due to the recent appreciation.

but it could continue, which seems logical, to appreciate further.

& there's no guarantee that anything I long on, would appreciate.

Don't try to time the market. The entire point of the "110 minus your age" rule is that it removes the temptation to try to "trade" - you're methodically investing, not wildly punting.

If USDSGD goes up - big deal. That means you can afford to buy fewer shares - but conversely, if USDSGD goes down, you'll be able to buy more shares.

 

[Shiny Things]

Followed shiny advice.

Entered @ $3.22 for ES3 today

Don't forget the second part of the advice: hang onto it for a couple of decades and rebalance once a year.

...and the third part of the advice, "then go to the pub".

 

[marvel.avengers.ultron]

Followed shiny advice, not to time the market, hence bought consistently twice monthly of ES3 at $3.39, $3.37, $3.34....$3.19 recently ever since i start placing my trades two months back.
Now my ES3:A35 stands at 83:17
Hi shiny
What your take of IWDA vs VWRD?

Thank you

Sent from Hard Truth using GAGT

 

[IronMac]

hi...

the thing is my money is in SGD, so changing now, means I lose quite abit immediately, due to the recent appreciation.

but it could continue, which seems logical, to appreciate further.

& there's no guarantee that anything I long on, would appreciate.

hope that explains my thought process.

First of all, you're not losing anything if you exchange/buy US stocks right now. You're just not going to buy as much as you want.

Second, there is no guarantee that anything you long is going to depreciate either.

We can go into all sorts of discussions about currency wars and exporting deflation but if you're a long term investor just buy good companies with good prospects and ignore everything else. Concentrate on keeping healthy, do well at your job and have insurance.

 

[StragenKreuss]

Been doing dca since about 6 years ago on sti when price was around $2.50. I only stop buying when it goes up to $3.30. Recently did rebalancing when price was at $3.50 to buy some iwda at around $42. Whatever excess cash when not buying stocks I hold in ocbc360 until a time I feel the price is good. I also held some in usd when it was at sgd$1.25. should I buy some a35 as well? I'm 28 this year.

 

[Shiny Things]

Been doing dca since about 6 years ago on sti when price was around $2.50. I only stop buying when it goes up to $3.30. Recently did rebalancing when price was at $3.50 to buy some iwda at around $42. Whatever excess cash when not buying stocks I hold in ocbc360 until a time I feel the price is good. I also held some in usd when it was at sgd$1.25. should I buy some a35 as well? I'm 28 this year.

Yep - you can use A35 as an alternative to holding cash. Same deal as always: 110 minus your age in stocks; the rest in A35.

Don't try to get too smart, though. You sold some ES3 at $3.50, yep, well done - it's peeled off 10% now so you should rebalance to get yourself back to your target allocation.

Followed shiny advice, not to time the market, hence bought consistently twice monthly of ES3 at $3.39, $3.37, $3.34....$3.19 recently ever since i start placing my trades two months back.
Now my ES3:A35 stands at 83:17
Hi shiny
What your take of IWDA vs VWRD?

They're both perfectly good. I like IWDA a bit better (the fact that it reinvests dividends means that you don't have to spend brokerage doing it yourself), but either one is fine.

 

[StragenKreuss]

Yep - you can use A35 as an alternative to holding cash. Same deal as always: 110 minus your age in stocks; the rest in A35.

Don't try to get too smart, though. You sold some ES3 at $3.50, yep, well done - it's peeled off 10% now so you should rebalance to get yourself back to your target allocation.

I started nibbling at sti again yesterday at $3.18.

 

[doody_]

I started nibbling at sti again yesterday at $3.18.

I'm not sure why people are starting to buy STI ETF like any other stock: trying to time the lows, selling off at the highs. Feels like that strategy would give better returns on other stocks.

 

[StragenKreuss]

I'm not sure why people are starting to buy STI ETF like any other stock: trying to time the lows, selling off at the highs. Feels like that strategy would give better returns on other stocks.

I only rebalanced because I heeded shinything's advice on iwda. Since I still have excess cash, I'm not sure if I should buy a35 or not. Yesterday sti at $3.18 was too appealing to pass up so I bought some. Not timing specifically, just taking up on opportunity.

 

[koreanlover]

I only rebalanced because I heeded shinything's advice on iwda. Since I still have excess cash, I'm not sure if I should buy a35 or not. Yesterday sti at $3.18 was too appealing to pass up so I bought some. Not timing specifically, just taking up on opportunity.

It's now at 3.12.

 

[StragenKreuss]

It's now at 3.12.

Yea, but not a problem. I dca monthly so not going to matter to me. if I don't put any in sti, I have more to buy iwda or a35. No need to time. Just rotate buying these 3 or hold in ocbc360 to build warchest. Don't put too much emotion into buying stocks when dca-ing. Think it's counterproductive.

 

[reinphd]

I'm not sure why people are starting to buy STI ETF like any other stock: trying to time the lows, selling off at the highs. Feels like that strategy would give better returns on other stocks.

My thought on this is that IF buying now (at a lower price entered) can lower my average cost per share, the question is, why not? been buying monthly and when there's a chance to lower the average, i will just buy a bit more

 

[limster]

It's now at 3.12.

The same was probably said during the last GFC.

The person who had the last laugh was the guy would bought at $3.18 vs the other guy who was so paralyzed he didn't buy anything at all.

The current market state does remind me a little bit of the GFC (just a little bit) in that those that use the TA to predict the bottom or turning point will miss, while those that use FA will get decent returns even though they didn't predict the exact bottom.

 

[reinphd]

The same was probably said during the last GFC.

The person who had the last laugh was the guy would bought at $3.18 vs the other guy who was so paralyzed he didn't buy anything at all.

The current market state does remind me a little bit of the GFC (just a little bit) in that those that use the TA to predict the bottom or turning point will miss, while those that use FA will get decent returns even though they didn't predict the exact bottom.

exactly. am glad i came into this thread and started with an etf-buyer's mindset of "buy monthly regardless of price" and then slowly evolving to "buy a bit more when the price dips on top of buying monthly"

 

[ston12345]

Woke up in the UK today to see the STI drop ~ 3%! :O

Nibbled ES3 at 3.13. I still remember when I started investing and was telling myself I should have gone in when STI was at 3.13 level. Now we're back.

 

[lala81]

Woke up in the UK today to see the STI drop ~ 3%! :O

Nibbled ES3 at 3.13. I still remember when I started investing and was telling myself I should have gone in when STI was at 3.13 level. Now we're back.

I'm spreading out my buying of IWDA over these few months. So nibbled today.

Nibbled somemore ES3 at 3.12. Converted abt 1/3 my SG portfolio to ES3 over last few weeks.

 

[havetheveryfun]

The same was probably said during the last GFC.

The person who had the last laugh was the guy would bought at $3.18 vs the other guy who was so paralyzed he didn't buy anything at all.

The current market state does remind me a little bit of the GFC (just a little bit) in that those that use the TA to predict the bottom or turning point will miss, while those that use FA will get decent returns even though they didn't predict the exact bottom.

why have the last laugh ? drop to lower than 3.18 liao leh..