Official Shiny Things thread—Part III

[hwckhs]

Try this:

This message is hidden because chrisloh65 is on your ignore list.

 

[highsulphur]

Try this:

This message is hidden because
chrisloh65
is on your
ignore list
.

Same

 

[BBCWatcher]

Are these groups of customers covered by SIPC though (?)

No. The United Kingdom is one such example, so residents of the U.K. are doing business with IB’s U.K. affiliate which is U.K. regulated.

 

[Thoreldan]

Try this:

This message is hidden because chrisloh65 is on your ignore list.

Thks..works wonder

 

[kram62]

Same

What app you use? On GAGT the posts are still visible even after putting him in ignore list...

 

[highsulphur]

What app you use? On GAGT the posts are still visible even after putting him in ignore list...

PCWX......

 

[Calpha K]

Sell limit is different from stop limit. Both are limit orders, but for sell limit, you're telling your broker to execute the limit order now. For stop limit, you're telling your broker to execute the limit order only if the price hits the trigger price. Does that make sense?

Where is this stop limit?

Because I'm only seeing Sell Market, and Sell Limit.

I couldn't find the option STOP LOSS or Stop Limit

Do you by any chance have a visual for me to see where I should navigate to?

 

[streetfighter]

Lurker here as well, got to agree with you except attitude part because i see that attitude only against many of those attacking him first. Time for lurkers like us to say a few fair words against so many bullies & verbal abuse here.

Personally, as a lurking sponge that's just trying to soak up diversified knowledge, I see people like chrisloh as contrarians that test the robustness of the popular views in here, and prod the gurus to provide more illuminating insights. Just that his attitude sucks. Kinda like some local opposition politicians out there.

Just hope fellow newbies take the time and effort to read enough posts by different people to get a proper understanding of various investing methods and risks.

Thanks to all who shared insights and articles. Shall revert to sponge mode.

 

[Abjure]

Can sack ho ching and temasek and just invest index funds? Our cpf monies will be better?

 

[Shiny Things]

Example: Stock is $5 now. I want the system to sell it if it reaches $2. If i put a sell limit at $2, someone who bids at $3 would fill my order. And I don't want that, I want it sold ONLY if price reaches $2.

How can I do this, please? Or does SC simply not offer stop losses?

What you’re describing there could be either a “stop-limit” order, or a “Stop-market” order (which is also known as just a stop loss order). The difference is what happens when the stock reaches $2.

With a stop-limit order, you’ll specify a “stop price” and a “limit price”. In this case, your “stop price” will be $2, and your “limit price” might be, say, $1.95. When the price drops to $2, your stop-limit order will turn into an active limit order that says “sell my stock, but no lower than $1.95”.

With a stop-market order, you’ll just specify a “stop price” (in this case, again, $2). When the price drops to $2, your stop-market order will turn into an active market order that says “sell my stock AT ANY PRICE I DON’T CARE EVEN IF THAT PRICE IS MINUS THIRTY SEVEN DOLLARS JUST GET ME OUT”.

And that’s probably not what you actually meant to say. Which is why you use stop-limit orders instead of stop-market (aka stop-loss) orders.

Personally, as a lurking sponge that's just trying to soak up diversified knowledge, I see people like chrisloh as contrarians that test the robustness of the popular views in here, and prod the gurus to provide more illuminating insights. Just that his attitude sucks.

Thanks mate, and I appreciate the kind words. I don’t mind being disagreed with, and I’m always open to hearing from people who think I’m wrong about stuff. My problems with Chrisloh65 are twofold, though.

Firstly, he is just deeply deeply unpleasant. There are new investors on this thread, who come here to ask questions and learn and take their first steps toward learning good investing habits. And if they see people fighting in this thread, it’s going to scare them off. I’m here to teach, not to fight.

Secondly, whenever he talks about markets stuff, he seems to be aggressively and enthusiastically wrong about basically everything. Stuff like how synthetic ETFs work, or what direction the yen went back in the nineties... stuff that you can find with a quick google if you’re so inclined. He spreads bad information to such a degree that you can’t leave it alone, otherwise people will stumble across it and think it’s good information.

Can sack ho ching and temasek and just invest index funds? Our cpf monies will be better?

I have made fun of Temasek in the past for their truly atrocious run from 2007 to about 2012, when they trod on literally every equity landmine imaginable, from buying Merrills at the highs in ‘07 and capitulating at the lows in ‘09, to being long a bunch of Sino-Forest when that particular scam exploded...

[snip]

[snip]

[snip]

[snip]

Switch to decaf.

 

[polar27]

This forum really has been a boon for beginner investors like me, and I extremely grateful to the good advice from seasoned investors . There is a wealth of experience and collective wisdom in the forum that should not stray readers away.

Any advice on deriving passive income from dividends from stocks while waiting for capital appreciation? Recommendations on any REITs as a complement to the portfolio suggested by ST? Thanks guys!

 

[chrisloh65]

You are genius!
You give the best reason for why index fund is obviously for "financial idiots" and lousy investment for expert investors like Buffett, Temasek, and Ho Ching etc.!

Can sack ho ching and temasek and just invest index funds? Our cpf monies will be better?

 

[chrisloh65]

Shiny Things,

So you are unable to provide any evidence and facts to backup your claims (in your previous post) and I am right that those are false claims?

https://forums.hardwarezone.com.sg/128003308-post2337.html

So you choose to continue to perpetuate your lies and refuse to rectify your false claims?

So, using your words against you, You spreads bad information to such a degree that we can’t leave it alone, otherwise people will stumble across it and think it’s good information (and is real instead of fake perpetuated by you and your refusal to rectify these after I had pointed them out to you)!

Secondly, whenever he talks about markets stuff, he seems to be aggressively and enthusiastically wrong about basically everything. Stuff like how synthetic ETFs work, or what direction the yen went back in the nineties... stuff that you can find with a quick google if you’re so inclined. He spreads bad information to such a degree that you can’t leave it alone, otherwise people will stumble across it and think it’s good information.

Switch to decaf.

 

[zoneguard]

Any advice on deriving passive income from dividends from stocks while waiting for capital appreciation? Recommendations on any REITs as a complement to the portfolio suggested by ST? Thanks guys!

Since we are in this thread, the answer will be ES3 which gives a decent dividend and has a sizable portion allocated to REITs.

 

[Shiny Things]

[snip]

 

[iceblendedchoc]

 

[chrisloh65]

Shiny Things,

This is what you are best at:

Shiny Things,

So you are unable to provide any evidence and facts to backup your claims (in your previous post) and I am right that those are false claims?

https://forums.hardwarezone.com.sg/128003308-post2337.html

So you choose to continue to perpetuate your lies and refuse to rectify your false claims?

So, using your words against you, You spreads bad information to such a degree that we can’t leave it alone, otherwise people will stumble across it and think it’s good information (and is real instead of fake perpetuated by you and your refusal to rectify these after I had pointed them out to you)!

 

[revhappy]

Can sack ho ching and temasek and just invest index funds? Our cpf monies will be better?

Temasek dont invest only in equities, they do private equity, real estate, structured investments, alternative investments etc. None of these are accessible to retail investors. So you are comparing apples and oranges here.

 

[highsulphur]

There are brokerages (eg ameritrade if I'm not mistaken) that charge flat rate for commission (around usd 10) for each trade. Does it make sense to use them instead of IB if quantum is high enough? Or they have certain disadvantages compared to IB?

 

[revhappy]

There are brokerages (eg ameritrade if I'm not mistaken) that charge flat rate for commission (around usd 10) for each trade. Does it make sense to use them instead of IB if quantum is high enough? Or they have certain disadvantages compared to IB?

TD Ameritrade is only US stocks. You have to do wire transfer SGD to USD to deposit money into them.