The bears den

[Mecisteus]

To be fair 12.3% might not be significant to him. Might even be an acceptable cost to be able to sleep soundly at night

Objection.

He already said he is waiting for the crash.

When the crash or a new financial crisis comes, are you sure you can still sleep soundly?

You might start to worry about job security and unemployment.

https://forums.hardwarezone.com.sg/121368001-post1328.html
https://forums.hardwarezone.com.sg/121871709-post1916.html

The low allocation won't make any impact to my life. Especially, index investing. If 20% of my portfolio goes up by 10% and rest of th portfolio goes up by 2%, overall it is 3.6%. I would rather conserve that 20% allocation for a deeper crash.

I will go back in at the right valuations. Around S&P500 2500 and lower.

 

[Shiny Things]

I am 39 and half, almost 40. In my view, it is how much you save, that matters more for your retirement, than where you invest. For example someone saving 20% and 100% equities Vs someone saving 50% and 100% debt.

But someone who's saving 20% and 100% debt will have less money than someone who's saving 20% into a balanced portfolio - like, significantly less. And "let's invest in a balanced portfolio" is a lot easier for most people than frantically saving and living like a monk.

 

[Dividends Warrior]

Guys, let's take a step back. Long-term investing in the stock market is not for everyone. People have different risk appetite and priorities in life. It's normal.

This is something interesting/strange which I have never told anyone. I have a sibling, working, earning a decent wage. Guess what his investing/financial path is like. You all must be thinking 'Of course he would follow your dividend investing style' right? Hahaha! Nope. I have talked to him at length, even showing him my blog, but I could not convince him to do dividend investing, or any other kind of equity investing. He decided to follow the well-trodden path which many Singaporeans take. The property investment path. Nothing wrong with that. This is his 10-year plan, get married, go honeymoon, buy a BTO flat, have kids, after MOP, sell the flat and upgrade to a condo, have 2nd kid, maybe a car and a maid. It is perfectly viable. I never forced my ideas upon him. I respect it. I told him if he needs any advice after 10 years, we can have a discussion again.

 

[Mecisteus]

Guys, let's take a step back. Long-term investing in the stock market is not for everyone. People have different risk appetite and priorities in life. It's normal.

This is something interesting/strange which I have never told anyone. I have a sibling, working, earning a decent wage. Guess what his investing/financial path is like. You all must be thinking 'Of course he would follow your dividend investing style' right? Hahaha! Nope. I have talked to him at length, even showing him my blog, but I could not convince him to do dividend investing, or any other kind of equity investing. He decided to follow the well-trodden path which many Singaporeans take. The property investment path. Nothing wrong with that. This is his 10-year plan, get married, go honeymoon, buy a BTO flat, have kids, after MOP, sell the flat and upgrade to a condo, have 2nd kid, maybe a car and a maid. It is perfectly viable. I never forced my ideas upon him. I respect it. I told him if he needs any advice after 10 years, we can have a discussion again.

Individual stocks picking or dividends investing is definitely not for everyone.

Why don't you introduce your friend to an index like MSCI World?

https://www.msci.com/documents/10199/178e6643-6ae6-47b9-82be-e1fc565ededb

 

[coolhead]

Individual stocks picking or dividends investing is definitely not for everyone.

Why don't you introduce your friend to an index like MSCI World?

https://www.msci.com/documents/10199/178e6643-6ae6-47b9-82be-e1fc565ededb

It's his sibling leh, but hard if the sibling is not so worldly.

Sent from HMD Global TA-1004 using GAGT

 

[focus1974]

Guys, let's take a step back. Long-term investing in the stock market is not for everyone. People have different risk appetite and priorities in life. It's normal.

This is something interesting/strange which I have never told anyone. I have a sibling, working, earning a decent wage. Guess what his investing/financial path is like. You all must be thinking 'Of course he would follow your dividend investing style' right? Hahaha! Nope. I have talked to him at length, even showing him my blog, but I could not convince him to do dividend investing, or any other kind of equity investing. He decided to follow the well-trodden path which many Singaporeans take. The property investment path. Nothing wrong with that. This is his 10-year plan, get married, go honeymoon, buy a BTO flat, have kids, after MOP, sell the flat and upgrade to a condo, have 2nd kid, maybe a car and a maid. It is perfectly viable. I never forced my ideas upon him. I respect it. I told him if he needs any advice after 10 years, we can have a discussion again.

He will come out ahead of most retail stock investors/traders in 20yrs time.

 

[Mecisteus]

It's his sibling leh, but hard if the sibling is not so worldly.

Sent from HMD Global TA-1004 using GAGT

OK TLDR properly.

But the idea remains the same. Just replace friend with sibling.

 

[limster]

Guys, let's take a step back. Long-term investing in the stock market is not for everyone. People have different risk appetite and priorities in life. It's normal.

To me, ABSD sort of rules out local property as an investing option. Overseas property investment is far more complex with tax issues etc

Seeing thousands of dollars of dividends get automatically credited to your account every month without needing to do anything seems to be so less hassle than property investment, sometimes monthly rental is not automatic as tenant may 'forget' to pay, then there's maintenance, tax filings (luckily now there is a tax deductible for property income without needing receipts though) etc....

 

[coolhead]

Is douchebank unofficially bankrupt??

Market cap: 14bn euros
Unwanted assets: 288bn euros

Hehe, when the derivatives mature... Hehe... Bank withdrawals from mostly hedge funds happening currently at 1bn USD per day and in future(unknown) when the derivatives mature...

I read somewhere about the bank holding 45trillion euros in derivatives, not sure if that's fear mongering though. What a confusing mess.

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/exclusive-deutsche-banks-problem-derivatives-002924141.html

Sent from HMD Global TA-1004 using GAGT

 

[Mecisteus]

If DB collapses, their government is likely to bail them out.

Lehman Brothers was a good case study.

https://www.theguardian.com/commentisfree/2018/sep/03/federal-reserve-lehman-brothers-collapse

 

[peacefulday]

Guys, let's take a step back. Long-term investing in the stock market is not for everyone. People have different risk appetite and priorities in life. It's normal.

This is something interesting/strange which I have never told anyone. I have a sibling, working, earning a decent wage. Guess what his investing/financial path is like. You all must be thinking 'Of course he would follow your dividend investing style' right? Hahaha! Nope. I have talked to him at length, even showing him my blog, but I could not convince him to do dividend investing, or any other kind of equity investing. He decided to follow the well-trodden path which many Singaporeans take. The property investment path. Nothing wrong with that. This is his 10-year plan, get married, go honeymoon, buy a BTO flat, have kids, after MOP, sell the flat and upgrade to a condo, have 2nd kid, maybe a car and a maid. It is perfectly viable. I never forced my ideas upon him. I respect it. I told him if he needs any advice after 10 years, we can have a discussion again.

It is conservatively predictable thus both can generate a decent liquid and non-liquid asset no. Two paths need to start simultaneously in order to enhance successful. Never underestimate a bto flat, likely turn in a small pot of 'gold' if location is real good.

 

[coolhead]

If DB collapses, their government is likely to bail them out.

Lehman Brothers was a good case study.

https://www.theguardian.com/commentisfree/2018/sep/03/federal-reserve-lehman-brothers-collapse

I think it's easier said than done though. There wasn't too much resistance from the population for the govt to bailout Lehman etc. Whereas for the Germans, they are governed by a majority coalition. Hence, they have to please both the coalition as well as the general populace. I don't doubt Germany can afford it financially but they may not have the political will to do so. ECB cannot deal in private matters as well and even if the ECB is able to buy investment grade bonds, I'm not sure if douchebank is investment grade by then.

Sent from HMD Global TA-1004 using GAGT

 

[theMKR]

Guys, let's take a step back. Long-term investing in the stock market is not for everyone. People have different risk appetite and priorities in life. It's normal.

This is something interesting/strange which I have never told anyone. I have a sibling, working, earning a decent wage. Guess what his investing/financial path is like. You all must be thinking 'Of course he would follow your dividend investing style' right? Hahaha! Nope. I have talked to him at length, even showing him my blog, but I could not convince him to do dividend investing, or any other kind of equity investing. He decided to follow the well-trodden path which many Singaporeans take. The property investment path. Nothing wrong with that. This is his 10-year plan, get married, go honeymoon, buy a BTO flat, have kids, after MOP, sell the flat and upgrade to a condo, have 2nd kid, maybe a car and a maid. It is perfectly viable. I never forced my ideas upon him. I respect it. I told him if he needs any advice after 10 years, we can have a discussion again.

He will come out ahead of most retail stock investors/traders in 20yrs time.

Only works in the past where property appreciate like 10% per year.
Nowadays ppty capital appreciation already no more, some actually depreciate.
now got BSD, ABSD makes it even more difficult.

 

[peacefulday]

Only works in the past where property appreciate like 10% per year.
Nowadays ppty capital appreciation already no more, some actually depreciate.
now got BSD, ABSD makes it even more difficult.

go for subsidies bto, 2nd bto, and add a PC if affordable. If future ABSD got reduced, price escalate indirectly claimed back, nobody will know.

location, location, location...

 

[theMKR]

go for subsidies bto, 2nd bto, and add a PC if affordable. If future ABSD got reduced, price escalate indirectly claimed back, nobody will know.

location, location, location...

subsidies bto, the subsidies are returned by when u sell the flat. at most u saved that 50k interest payments....

location is by luck.... i tried for those good BTO always nv tio and gave up

 

[coolhead]

subsidies bto, the subsidies are returned by when u sell the flat. at most u saved that 50k interest payments....

location is by luck.... i tried for those good BTO always nv tio and gave up

The absd will not be there forever. So location will still matter alot.

Sent from HMD Global TA-1004 using GAGT

 

[theMKR]

The absd will not be there forever. So location will still matter alot.

Sent from HMD Global TA-1004 using GAGT

difficult to remove already, those who paid will feel betrayed.

and if they remove, its bad news anyway, becos it means ppty prices are falling.... or govt wants to get more money from sale of their real estate

 

[theMKR]

going to short AMZN later. who is with moi ?

 

[coolhead]

difficult to remove already, those who paid will feel betrayed.

and if they remove, its bad news anyway, becos it means ppty prices are falling.... or govt wants to get more money from sale of their real estate

Well, govt will need to give advance notice about removal/reduction of absd, similar to when they implement absd they gave advance notice.
It's normal for property price to fall in a cyclical market and this is a measure to reduce cooling or prevent overheating.

Sent from HMD Global TA-1004 using GAGT

 

[Mecisteus]

difficult to remove already, those who paid will feel betrayed.

and if they remove, its bad news anyway, becos it means ppty prices are falling.... or govt wants to get more money from sale of their real estate

When ABSD is removed, that is the good time to buy.

It means panic in the property segment.

For now, just eat popcorns and stick with stocks.