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Singapore REITS, S-REITS
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prince_mk
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Jun 7 2017, 03:03 PM
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QUOTE(terrysoh @ Jun 7 2017, 11:51 AM) elea, are you a fund manager or you're managing your own private wealth? just wondering my next target is AIMS, if it showed sign of weakness i would go in, what do u think? I m also waiting for Aims. I have some which I bought few months ago. you just join Sg reits lately ?
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prince_mk
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Jun 7 2017, 03:05 PM
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QUOTE(elea88 @ Jun 7 2017, 03:04 PM) Prince mk.. Not yet.. COST to high. Brokerage. div collections. STAND cHART NO charges for div collections? As I know, no charges for dividend collection. you just moved all your savings to Stanchart and become their Priority client. sure let you open an acc. AUM SGD200K. I m aiming to become Priority client in SC Sg. Keep saving from now. try to deposit more and more monthly. This post has been edited by prince_mk: Jun 7 2017, 03:07 PM
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prince_mk
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Jun 7 2017, 03:22 PM
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QUOTE(elea88 @ Jun 7 2017, 03:20 PM) Last Ramjade say need buy some insurance product or something.. let me go check out later. if you bring $$$$, I m sure they will take you in. interested, email me.. I try to slow talk to the Relationship Manager.
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prince_mk
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Jun 7 2017, 08:57 PM
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QUOTE(Ramjade @ Jun 7 2017, 04:11 PM) No charges for dividend or maintenance fee. Just pay brokerage fees. That's what make it interesting as a broker for foreign shares. But the bad thing is high forex spread. One alternative, buy using DBS and transfer into Standard Chartered. Transfer in is free. They absorb all charges. If you poor kid like me, yeah la. Need to buy insurance/have mortgage/buy SGD30k worth of unit trust with them. No money no talk Money talks.  Walk in and say you want to apply priority banking, they let you in. Sure no problem. high forex spread for what ? can elaborate abit . why buying using dbs no forex spread ? This post has been edited by prince_mk: Jun 7 2017, 08:58 PM
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prince_mk
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Jun 7 2017, 09:01 PM
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QUOTE(bearbear @ Jun 7 2017, 05:24 PM) If you have SC premier in Malaysia, does it entitle you to have it in Singapore? 200k RM easier to aim le  u must be having cash or investment with value equivalent of SGD200K or above to be Priority member in Sg Stanchart. Let's start to save from now.
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prince_mk
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Jun 7 2017, 09:05 PM
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QUOTE(Ramjade @ Jun 7 2017, 04:29 PM) If your stocks worth SGD200k including foreign shares, you can transfer in. It's counted as SGD200k. No need SGD200k cash. Later during bear market, just downgrade to normal member should your value drop. They cannot kick you out That's why I said I want to work on getting SGD200k worth first before going for australia stocks etc. This is one priority banking with incentive. Others tak da. Useless (except maybe better forex rates). If you can get priority banking for this, go ahead. Boss...to obtain Sgd200k = RM600k. Do you know it takes ard 10 yrs to save RM100k. Maybe you need half of the tenure I guess to save RM100k. Even if you save RM1000 per month, you need 8 yrs ++ to get RM100k.. RM600K, I guess you got to save 48 yrs ? hahahaha.. unless you have inheritance wealth.. I don't have any gold spoon like you..
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prince_mk
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Jun 7 2017, 09:41 PM
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QUOTE(Ramjade @ Jun 7 2017, 09:23 PM) Eg. You buy AU stocks. You use SGD to buy. If you were to buy using DBS, you use less SGD to buy AU stocks. Another example. Manulife US reit. You use SGD to buy it from standard chartered. If you use DBS, you would have used less SGD. After use DBS to buy, then ask Standard chartered to transfer in. No maintenance charges. Then use dividend earned in Standard chartered to buy more. A trick I learned from a Singaporean. Me also no golden spoon. I just need SGD100k. Then try to compound it 8%. Will get another SGD100k in 9 years As I can recall, DBSV has a minimum purchase on monthly else there s a charges. that s y I have not sign up for dbsV. Elea, can you confirm on this. If you were to buy using DBS, you use less SGD to buy AU stocks. => what do you mean by this ? U mean the forex exchange from Sgd to Aud using dbs is better spread compare to Sg Stanchart ? I m not too sure on this. Can elaborate on this point
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prince_mk
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Jun 7 2017, 09:43 PM
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QUOTE(Ramjade @ Jun 7 2017, 09:23 PM) Me also no golden spoon. I just need SGD100k. Then try to compound it 8%. Will get another SGD100k in 9 years Sgd100k = RM300k. If you set period of 9 years, monthly saving is RM2700. you expected salary in coming job must be at least RM5000. Well planned you.
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prince_mk
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Jun 8 2017, 10:13 AM
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QUOTE(elea88 @ Jun 8 2017, 10:02 AM) u hv to make $$$ work harder for you to make it grow faster. Money grow from investments. My opinion the fastest for young people... is still PROPERTY.. if want make 6 figures in 10 years. as its LEVERAGE MONEY. Young people can take LONG loan duration and once prop ready dispose for CAPITAL GAIN. That will expediate the FUNDS build-up. Agreed with you. My investment capitals came from disposal of properties gained. my condo is completed soon and will be ready for renting too. make money works for us.
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prince_mk
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Jun 8 2017, 12:18 PM
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QUOTE(elea88 @ Jun 8 2017, 10:45 AM) i hv collection of bad property and good property... must really eye the correct one. But if young.. and hv a long time frame horizon.. .its still the way to grow capital with LEVERAGE money. very true. so far, I will go for property less than 500k ( can be apartment ). then rent out for few years. when I m no longer interested to keep them, then will find agent to sell it off. and also I will share with business partner to lessen the risks too. the most important is Location, Location and Location. open the eyes big big when choosing a property.
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prince_mk
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Jun 8 2017, 12:20 PM
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QUOTE(Ramjade @ Jun 8 2017, 10:56 AM) Property now so expensive in KV. How to buy? One house easily RM500k. Young graduates like me no chance to buy. I bet you are not from Klang Valley... true...500k maybe you can consider landed property in Rawang area. landed is expensive nowadays. try go for apartment. cheaper. This post has been edited by prince_mk: Jun 8 2017, 12:23 PM
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prince_mk
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Jun 8 2017, 12:27 PM
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QUOTE(Ramjade @ Jun 8 2017, 12:24 PM) Actually I am from KV. That's how I know house prices so expensive. Sungai Buloh Bandar Sri Coalfield is cheap ard 500k+ brand new. You may consider that. My friend bought 2 units there.
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prince_mk
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Jun 8 2017, 12:28 PM
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To be sure, CapitaLand Mall Trust, 29.3% owned by CapitaLand, has been experimenting with different concepts for its malls.
In April, the real estate investment trust introduced cutting-edge technology at the new Funan, including use of CCTV cameras powered by artificial intelligence (AI) software.
When completed in 2019, Funan will be an “experiential” mall, where members of the public can experiment with – among other things - drone photography and farming. Yet another CMT mall, IMM, has successfully transformed into an outlet mall.
Keep CMT for time being. waiting Funan to be completed soon.
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prince_mk
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Jun 8 2017, 12:41 PM
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QUOTE(Ramjade @ Jun 8 2017, 12:32 PM) Bro RM500k I cannot afford. And it's not worth paying so much for house (after reading ASSI blog). All buying at RM500k+, but how many can dispose off at RM700k+? Who want to buy? If renting + all expenses, does it give more return than s-reit? That's why now no longer looking at houses to buy (helping family to look but still looking at lelong houses  ). Now more of looking at what reits can buy.  Reits I can afford. Houses tunggu dapat permanent job.  of coz not now. after you get permanent job then u can consider getting a hse. for time being, tumpang your parents' bungalow.
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prince_mk
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Jun 8 2017, 10:22 PM
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QUOTE(Hansel @ Jun 8 2017, 04:29 PM) Wahh,... bro is really advanced,... now comparing between props and SG REITs,... I did this comparison 10 years ago... and I preferred SG REITs. Easier to dispose, and will get currency appreciation too. And 'can get SG investor friends and girl-friends too',.... haha,... But on the serious side,... I'm still keeping my commercial properties, have not disposed, these props will give me stability of income,... Boss You are one level higher than us. We had just started diving but you alrdy start harvesting fruits. Jelly you This post has been edited by prince_mk: Jun 8 2017, 10:23 PM
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prince_mk
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Jun 9 2017, 09:01 PM
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QUOTE(elea88 @ Jun 9 2017, 01:19 PM) everyday look see la. if got 60sen plus then grab... next div is another half yr time. look see which reits ? put name next time..
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prince_mk
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Jun 9 2017, 09:21 PM
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QUOTE(bearbear @ Jun 9 2017, 09:10 PM) 0.71 can buy or wait ?? I don't have this counter.
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prince_mk
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Jun 9 2017, 09:38 PM
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QUOTE(bearbear @ Jun 9 2017, 09:23 PM) just past XD Last divvy was 0.349, price was 0.73 - 0.74 Below 0.7 can think, next divvy half year later Result not good so alot ppl dumping, buy at your own risk ya If buy only 2000 - 3000 units to diversify only.
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prince_mk
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Jun 9 2017, 10:02 PM
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QUOTE(bearbear @ Jun 9 2017, 09:46 PM) exposure to Japan, and weather  What do u have in your holdings ?
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prince_mk
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Jun 9 2017, 10:03 PM
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QUOTE(bearbear @ Jun 9 2017, 09:23 PM) just past XD Last divvy was 0.349, price was 0.73 - 0.74 Below 0.7 can think, next divvy half year later Result not good so alot ppl dumping, buy at your own risk ya True. Earliers some of them told me that d price before ex date minus dividend declared. We should buy price lower than this.
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