mild bull.

market seems erratic, pretty directionless, incl crude.

will stay out and watch...

flat flat no taste.
time for a tea, while deciding on exit price for yday's U-oil ... hehe

crude's harder to trade in the last 20 sessions or so, been rangebound 44-45.50.

so, small gain or small loss.



unlike the 2 months before that!

yes, i do realise that. either small profit or small loss. will stay aside after disposing mine this evening.
yellen said economy is getting better, but no increase in oil consumption?

A hesitating market, going nowhere.

summer over, less driving, gasoline stocks up...

global over supply; plenty of land and sea tankers filled to the brim; china said to be stockpiling, now "an ocean of diesel"!

can't see wti or brent flying for months, maybe years.

but financial markets will go up and down with this news, that news, hedge funds, usd, etc...

can see crude now is also pretty directionless, just following dow...

ya, i am at a loss if i want to buy and buy what!

actually considering moving some usd to sgd to buy more sg reits.

rate is good now >1.42; sg reits prices on the low side, 6-8% yield.

This post has been edited by AVFAN: Sep 26 2015, 03:04 AM

'something' shake the market around 2.30, and whole world turns down fast!
S&P and Nasdaq immediately turned red.

friday jitters, get out before weekend?

buy yes, dow may turn red too!

me too lost direction.
will slowly dispose my collection, and just talk talk here and there .... cash seems to be king soon.
oh, just read that msian property market is/will go south.

everything seems dull, slow and weak, better be careful from now.

?? am i getting pessimistic, or influenced by other forums, or is it getting real about the outlook, local and foreign?

at around 230 or 2.40, my screen was flashing violently with prices kept changing n dropping! and immediately SP n dows turned red! huh!

better check out the trend for spore property market. i am quite sure the market is slow and getting v quiet. dont know how far can this affect your target reits. i am indirectly involved in spore property. australia (perth) likewise, people losing jobs esp in the mining sectors, and rentals r down, and house prices are down. it all started when minerals (copper) prices went down not long ago ....

oh, Dan shd know more about spore n jb house markets.

ya, the news we read everyday is pretty grim, esp local news.

outlook is no good at all; there is hardly any country or market that has good news to offer.

the worry i have is things keep sliding bit by bit, then... a sudden hard fall!

stocks will get hit bad first, then the rest.

which is why it is never a bad idea to have some money in fixed income like bond funds, fd - in strong currency, of course.

local prop? been pretty dead for months now.

This post has been edited by AVFAN: Sep 26 2015, 03:23 AM

sg reits will not be spared too. i only go for the large liquid ones, easy to get out if necessary.

actually i was planning to get off all my equity position by 2017. never expect bad things come so early this time! careful from now on, and i need be more conservative from now.
yes, nothing good news from anywhere ....

actually, just chat with hawkers, retailers n they will tell you times r v bad. i often have tea n chat with these people.

I think it's on a transition stage. If you look at the popular malls, there are big crowd. Restaurants all full, need to queue. Parking all full.
So, it's a transitional stage. Hawkers and street retailers will face diminishing customers because the trend is moving out from them into the cleaner, air-cond, comfortable, all in one place....malls. Watch Singapore and all western countries, malls and clean restaurants are king of retail business.

Is there any tax on dividend for singapore reits? I only know HK is good, no (or very least) tax charged for dividend. But, USA, forget it, 30% tax! I only count on capital gain (and of course currency rate) for US stocks.

sg reits - depends on the div type. some are tax free, some have a portion taxed. overall, it is small like 3-4%.

my observation is only the top tier malls like 1u, ikano-curve enjoy good biz and mostly on weekends only; weekdays, not crowded.

2nd tier malls... i see a lot of tenants going in and out, vacant. can hold, i suppose.

klang valley has too many malls, imo.

we'll have a clear picture when imported inflation due to weak rm kicks in fully by year end.