That's perfectly fine bro. As we all know, your risk appretite is pretty much an "outlier" in statistical terms.

Risk-free SG government bonds/bills are for risk-averse and risk-neutral investors. They have almost no place in the eye of a "risk-taking" investor.

I am not sure about harmonics3 profile, so I just guess that he is risk-averse like most people. Logically, the higher risk-free rates will make such securities more appealing than a riskier assets assuming the risk premium is constant (or declining but unlikely unless capital is tightening).

(Looking at post-FOMC target rate, early next year will see 4.5 to 4.75%. So possibly around 4 to 4.25% in SG short-term rates depending on how USD/SGD rate goes.)

This post has been edited by TOS: Sep 22 2022, 09:26 AM

Loving it!

BT 210922: https://drive.google.com/file/d/1owHLoq7KB7...iew?usp=sharing

You don't compare with a guy who's with a 3%FD. You compare against what you may face in the new normal. Who knows,... the guys with the 3%FD may end up preserving hos capital more than you're able to...

Yes if your time frame is in the near future. Mine is 15-20 years horizon. So no issue for me.

How would you know if the next few years will not wipe out your asset values ?

Line I said if it happens, let it be. I am buying more. Never fear a down market/red market if fundamentals are strong.

You are not prepared for the worst scenario. You will always be hoping that the CPI numbers turn down,... and Feds stops hiking.

Actually I want the feds to keep hiking and CPI to be persistently high.

I need more time to accumulate and need to accumulate more when it's in sale. How else am I going to buy things on sale? I need to thank the feds for giving me some good discount.

So nope. I want the fed to continue be hawkish and let me low ball people. The only time you can low ball is if people are scared.

Like I said, I like red days. The redder the better. I don't mind a repeat of covid crash or 2008. I was not there for 2008, I won't make the same mistake.

This post has been edited by Ramjade: Sep 22 2022, 04:16 PM

Till the day when you run out of bullets. But like you said in the other thread,... you hold an iron rice bowl. Then I wished you the best.

BT 220922: https://drive.google.com/file/d/17IFVT7ocHp...iew?usp=sharing

Biotechs, bro,... I hoped Vertex can find a good target to merge with in future,... I am one of the first supporters for the SPACs mkt in SG. I hoped SPACs in SG will succeed, just like their REITs,...

Majulah Singapura !!!!!!!!!

SPACs are skewed towards accredited investors especially hedge funds who know how to run away when rumours of closing a merger deal is done. Retail, long-term buy-and-hold investor will have to endure painful first few years of seeing their stakes diluted and share price crashing before the acquired company turns out something good.

Anyway, I just received some valuable info from HWZ. https://forums.hardwarezone.com.sg/threads/...#post-143960831

Now we know you can deal with SGS bonds on the secondary market with 2% bid/ask spread with Phillip's bond desk.

Some additional info from MAS: https://www.mas.gov.sg/bonds-and-bills/inve...econdary-Market

-----------------------------------

MAS will surely appreciate SGD this October. SG August's core inflation rose 5.1% yoy, headline number rose 7.5% yoy.

MAS upcoming policy meeting will be held no later than 14th of October.

Yes, Majulah Singapura! (Better make sure no spy from Wisma Putra is reading this. )

This post has been edited by TOS: Sep 24 2022, 12:01 AM

BT 230922: https://drive.google.com/file/d/1DadH5h5c8F...iew?usp=sharing

The Land Betterment Charge (LBC) rate has gone up in Singapore. Not sure how this will impact properties and REITs in SG.



This post has been edited by TOS: Sep 24 2022, 06:46 PM

BT 24-250922: https://drive.google.com/file/d/1ElANj1bYN7...iew?usp=sharing

BT 260922: https://drive.google.com/file/d/1hXir7Vs_2B...iew?usp=sharing

yesterday bought uob $26.81, today $26.55

enter too early..

BT 270922: https://drive.google.com/file/d/1-mPwAHf6Y8...iew?usp=sharing

For those with CDP account, today is last day to apply for 6 month T-bill BS22119T: https://www.mas.gov.sg/bonds-and-bills/auct...date=2022-10-04

Auction date is tomorrow, results will be known around 1 pm. Gonna bit 3.5% for this one.

In another news, ILoveSSB website has a new feature: email notification and reminder service

https://forums.hardwarezone.com.sg/threads/...#post-144031611

http://www.ilovessb.com/subscribe

SSB October issue closed today. Full allotment for those applied at or below 42k SGD.

https://www.mas.gov.sg/bonds-and-bills/auct...date=2022-10-03



This post has been edited by TOS: Sep 28 2022, 05:11 PM

SATS to acquire Worldwide Flight Services: https://links.sgx.com/1.0.0/corporate-annou...18c6376d7ea2197

Now it's official. Potential equity fund raising...

Net Debt/EBITDA jumped from 0.5 to 3.4 times.

I wonder why SATS suddenly become a python swallowing a cow...

This post has been edited by TOS: Sep 28 2022, 05:13 PM