Yeah,... steady bro,... don't go in yet,....

Sifu,

I park my fund in esaver savings and transfer to Sgd settlement acc. When I wish to buy usd shares, I transfer frm Sg settlement acc to USD settlement acc. Should I sign up USD FCY savers account ? Any ninja trick can share

This post has been edited by prince_mk: Nov 18 2016, 11:03 AM

Ahh,.. yes, your trick is in itself,.. a ninja trick as well,.... Using your way, you don't need to park USD2k inside a USD FCY savers acct,....

However,... do you think with all the impending development,... the USD will appreciate against the SGD in future ?

Sifu,

I m not too sure. Got to check those who are well versed. Personally a hearsay said US will go up but Sg will link to US performance. So, I think I wont go wrong by putting funds in USD and SGD instruments.

Can I say I wont get lost by following you guys. Hahahaha. Dont bring me to Holland.

will just monitor for now

just past lasy divvy and next one is April? and with all the negative news really need to hold the horse

the M'sians are putting into SG / US instruments...

the S'reans are puttinging into US instruments...

Basic investing.. always invest into countries that Currency is higher.. .right?

absolutely!

always invest in an appreciating or stable currency.

USD/SGD now 1.427.

my apologies to bump in.

i think the basis, if following the idea of asset allocation + sub-asset diversification, will be LOW CORRELATED currencies too, not just "Currency that is higher"
eg.
now i'm staying in MY & most of my assets are in MY denominated
Thus, i start moving some to USD denominated - eg US listed stocks, trade in US stock options

but hor, i want more "stability" in case MYR or USD spikes/falls
Thus, i move into SGD REITs & dividend stocks too

Example of high/low correlated currency pairs data
https://www.oanda.com/forex-trading/analysi...ncy-correlation

too many a-times i've read/heard people screaming & running towards "higher currency" blindly, thus.. just sharing another perspective, especially given time & fluctuation throughout the years.
no absolute right/wrong

The next reporting will be around the beginning of April 2017, during which time, they will announce the 4th qtr dividend and the full yr report for 2016, + outlook for coming years. The AGM is usually held at end-April or beginning-May, 2017.

4th qtr dividend is paid around beginning of May, 2017 - quite sometime away !

So, watch the above dates, bro,... but many things will be taking place before the above dates,...

Pertaining to the rising US interest rates, Manulife has this advantage :-

It has a Weighted Average Debt Maturity of 4 Years. Whatever rise in debt interest rate this year or the next will not hit it until 4 years later. This gives it sufficient time to adjust itself to the eventual rise, if truely, the interest rates rises eventually,....

Who knows what will happen further down the road,...

Many thanks Sifus prince_mk Hansel for your invaluable advice.


Will need to plan to go SG to open account.....

Read from another thread that Std C need Employment Pass to open savings account.

Main purpose of opening the account is to take advantage of the low brokerage fee (as trading minimal value). Is there any other alternative? Any idea whether they will allow to transfer directly to their securities account?

Besides Manulife US Reits, any other global reits / international reits denominated in USD that we can consider ?

How abt reits etf - VNQ, RWO etc

Cherry, have you called them yet ? Don't look at the other threads for now,...so much information has been superseded in the last few days. This forum has been very active in the last few days because of the currency crisis !

Lots of REITs globally denominated in the USD, but the assets may not be in The US. IF the assets are located in the US, and USD rental is earned, then there will be 30% withholding tax. So, better read the term properly, bro,...

Don't know much abt ETFs, staying away from ETFs. It's just me,... with sufficient knowledge and time, I think I can perform better by myself than earning ETF returns.

How abt reits that in Canada ? Any other US reits besides Manulife US Reits ? Wish to put in few different funds

This post has been edited by prince_mk: Nov 19 2016, 10:27 AM

Yeah just tell them that you want to save broker cost so want to open account in SG lo.

starhub year end sales @ 2.80

u dare catch ka?

catching a falling knife, my acc not ready yet.