more of capital seeking safe haven in bonds; reits are bond proxies.



saw on bloomberg...

dec 14 rate hike 80% priced in before trump win; 50% at projected trump win; trump win, now 60%.

i see a hike, can't escape.

but effects on sgreits minimal.

of course, rm and sgd will go down a bit.

those holding idle SGD, great choices now:

.. buy Sg reits at relatively low prices.
.. buy RM at 3.04 (all time high was 3.08).

us bond yields still rising, 2.138%

reits prices will decline accordingly.

can buy some now.

buy last batch when bond yields stabilize/move lower.

SGD/RM 3.11.

when u talk bond yields, it is always the 10 yr.

look at BONDS.
http://www.cnbc.com/

assuming u open the account successfully, consider how will u send money into the account.

if outside to sg or within sg, that's easy.

if local RM->SGD in Sg, there may be new restrictions - approvals, spreads, amounts, etc.

beocs since last fri, BNM has given local banks temp instructions on FX - due to RM depr too fast.

the situation is unclear who will happen next, etc.

so, read the news, talk to yr bankers so as not to be caught by surprise.

If working in hk and earning hkd or usd, u hv options.

Hk is even more liberal than sg.

i think u can buy sgreits via hk broker, brokerage not too high, i believe.

Of course, best if sg acc, sg broker for sgx.

Yr local broker in hk should be able to help u compare.

Malaysia is not that developed or liberal, buying sgx via local brokers here is quite costly.

can't be helped.

us bond yields still rising, approaching 2.2%.

reit prices have to fall to give better yields.



so, we lost 1 year dividends...

hope not!

the new units get listed tmrw.



all REITS got hammered like bonds.

no end yet, us bond yield 2.23%.

only consolation we have is, in RM terms, "not too bad".

that, i am surprised.

even in malaysia, u can trade sgx via local banks/brokers.

almost all major banks offer that - sgx, nyse, hkse, thailand, jakarta - realtime, online.

no need big money, but high brokerage fees.

today may be a good day to buy.

us bond yield moving lower, <2.2%, stabilizing...?

This post has been edited by AVFAN: Nov 15 2016, 09:31 AM

u have been saying dunno what to buy, now buy until no more money!

so, yr months of patience finally paid off!

the trump episode shook things up.

but like everything else, it probably overshot, will return to a new baseline soon enough.

again, i m surprised - that's terribly expensive, forget it.

even local banks/brokers here charge only 0.4% or so +gst - which is already expensive.

this msian opening sg bank acc biz...

sg gomen is not stupid, does not want to be seen as sabotageur in the eyes of putrajaya.

when the RM is under pressure.

SG will surely starting closing doors, restrict, control... except for individuals that are qualified, good records, reasonably big amounts of cash.

SG has always been pragmatic, will not be diff now.

..

This post has been edited by AVFAN: Nov 16 2016, 09:31 PM

hans,

i think u have gone at great lengths to help on this issue, good for interested parties to know.

what i read, some can't do what u can - travel time, travel and incidental costs, small sums, does not know SG, fin markets much, etc.

i actually think it will be a waste of time and effort for those who aren't ready or not material enough to make it worthwhile and meaningful.

probably better off making use of what is available closest to them, with convenience.

if u have RM/SGD/USD 1mil, everybody wants u.

if u have RM100k, that isn't even 1/2 of what it takes to qualify for priority status with local banks - can't expect SG or HK banks/brokers to be helpful at this time.

This post has been edited by AVFAN: Nov 16 2016, 10:03 AM

let's get back to REITS!


should be ok, bonds yields stabilizing now.

KDC 1.18, looking fine.

in general, sg economy is weak now.

i will not buy more at this time.

suntec like other retail, industrial and hospitality unlikely to improve much for now.

we will have to ride this one out, hopefully with decent dividends and a stable currency.

??

u may want to rephrase the question.

most reits/stocks people do not go for FSM.

this is SG reits thread.

do u mean local banks/brokers or SG banks/brokers dealing in SGX?

this, better let those with SG bank/brokers accounts answer u.


i would think u can't have that unless u first have a normal bank account with the said bank/broker.