Forgot to mention, I also bought one tech counter this year, MSFT at 270. I already own AAPL (currently + 5%), TSMC(-15%) and NVDA(-9%) late last year. 

In the next bear selldown, maybe will load up more MSFT and initiate some holdings in AMD, but I will need them to be very cheap.

Looking at EDA tools too. Cadance Design systems and Synopsys. They are long-term oligopolies. 





Can watch this video if you want to know more about semiconductor EDA.

I sub Adam Khoo's u Tube and he is quite conservative even wen trading options. Bro mind to share the Telegram group that follow/share AK info/portfolio? I only follow his Piranha Profits Telegram. Thank

AAPL, MSFT, TSMC all pay dividends.

I didn't say I only touch value stuffs. Valuations are subjective after all. Nor did I say you strictly buy tech counters only...

Anyway, library still not open. Need to wait till 1 pm. Flight check-in completed.

If the company uses its earnings and reinvest it in businesses which pay higher returns then what the market requires when holding the stocks via the Capital Asset Pricing Model (CAPM), then it is still value-creative to shareholders. Otherwise, the company should pay out its earnings in the form of dividends or buy-back shares and return capital to its shareholders.

I don't think the way you consider companies of one "club" to be better than those in the other "club" is correct. I posted this in the IB thread yesterday. Pretty much what I want to say.



Companies from each "club" has its own merits. Growth stocks are built on the future earnings prospects. When the prospects are gone or investors realize they are not true, the repricing of risk can make the price correction like falling off the cliff, as some have experienced year-to-date. Low valuation counters, on the other hand, have slower growth yet they have steady earnings and often have lower-than-market beta (<1). They play important roles in moderating your stock portfolio risk (especially beta).

Some investors just cannot endure the stress and high volatility, so they opt for low-beta portfolio; some choose the market portfolio (beta = 1); still some others, like you, prefer high beta ones. There is no right or wrong here, merely investors' preference. 

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You like to compare SG with US counters. Over the past decades, US keeps printing money and boost their local markets whereas SG does not. Also, S-REITs are rent collection vehicles. The cash flow is stable and can be priced with minimal fluctuations. The assets that generate these cash flows are tangible. US tech counters' valuations are boosted heavily by intangible assets which are harder to value and subject to lots of manipulations (the "Tax Haven Ireland" book details these manipulations). These numbers may well be "made-up". We never know unless you are the treasurer and controller of the companies or you audit their books in great detail.  

It may be true that a lot of tech counters have lots of cash (net-cash), but still they are stuck in overseas tax havens. You can't access them with ease. If I am a rational investor, I would pre-book some loses from the potential tax audits and fines if these billions of cash were to be moved onshore for corporate-related matters. Already you have seen Apple involved in the Double Irish scandal and almost have to pay back 13 billion euros (if not for the last-minute ruling in favour of AAPL).

https://en.wikipedia.org/wiki/Double_Irish_arrangement

https://en.wikipedia.org/wiki/Ireland_v_Commission

So, the tech/growth stock valuations are distorted to some extent. We can continue to talk about GAAP/no-GAAP earnings metrics are its influence on stock valuations (guess why stock-based compensation are added back in "adjusted" earnings). But I will leave it here.

Yes, those metrics matter. But money printing alters the market's risk-free rate pricing. In the past the Fed only controls the short-tenure risk-free rate while the long-term rates are subject to market force. Now the Fed controls all tenures, long and short.

You might want to think about social cost too. Profits coming from lobbying DC senators for lax regulations and scrutiny on M&A rather than R&D while depriving the middle class of real income growth does not make the company any stronger. These stuffs and nuances don't reflect immediately on the company's financial statements.

There are lots of dimensions to look at.

There you go again. That's why you piss hansel off.
Go tell Warren Buffet while you are at it.
Everyone's risk profile is different, to which you acknowledged that. And here you are giving an umbrella statement of techs are better than SRETs , blah blah.

agree.. growth stocks is nice if you still have 20-30 years time to your lifespan..

once you reach 60 years old? will it still be attractive to you? What if a market crash happens right when you fell ill at 65 and need the money for medical treatment or simply wanna go to vacation for the last remaining years of your life? If at 55 to 60 you retire already, will rely on your savings / remaining money even more.

when we grow older need to reduce exposure to such risky stocks or ETF. Ratio for them need to reduce according to one's age.

Nope.
Here you are pissing on SREITs with your lovely tech growth stocks.

No one gives a toss on your success by pissing on others. Get that?

I invest in everything that you are investing in,... and more,... BUT the difference between you and I is : you put down others and use irresponsible statements which might hurt others. I don't.

wah these stocks not cheap bro.. means you have 100 stocks of them each? That would require 18-50k+ USD just to own them to do covered options. 

I was hoping one day I could sell covered call on GOOGL. Look at the premium 
But the capital required to hold GOOGL stock is just too high. I guess only a multi millionaire could do this. And if I am a multi millionaire, do I still fancy this kind of investment? Probably not. May be I will be ok with putting money in FD to get 2% and live my life without worry.

Money is just a tool for you to enjoy life. Just like the dog wagging its tail, not the tail wagging the dog. Do not be greedy. Investing/gambling decision driven by greed often do not end well. Wall street aka smart money knows how to attack ordinary people's weakness. A day of market rebounce and we are FOMO...TINA...

Back to the topic of dividend vs option premium debate, why must we choose only one? We can dabble in both as long as we have a balance portfolio that hold multiple class of assets and limit each position to limit risk of 'just in case' the gamble goes in the opposite way.
I can see some good case of Ramjade's option way which is when you want to buy a stock, you prepare the capital for it, you can sell a put at the price you want to buy instead of setting a limit order. This way, the risk is the stock may not be assigned to you but you still get the premium. If the stock is assigned to you, even better, because the cost of your stock will be lower = strike price (price you willing to pay to buy the stock) - premium you received.

At least you are more tactful, polite and NOT insinuating others in the above reply. This is an improvement. Hoped this behaviour of yours stays.

Let me think how to answer you in a productive way.

Your eg above is RIGHT ! Let me cfm this first, But,... the question becomes,... how many times can you repeat this ? Emm,... I do both,... if you ask me to do one only,... I'd prefer to do dividend-investing and protect my capital till I've accumulated enough before I start to go into Options.

And HEY BRO,..... I just remembered,...you also started with dividend-investing, remember ? You followed my guidance a few years ago ??????!!!!!??????? Then you accumulated enough capital,... and now you are into Options with accumulated funds FROM DIVIDEND-INVESTING to buy the ctrs for your Options.



Why talk so much today abt Options ONLY ?

Ok,... now I gotta go,... I'm trying to predict how much will the RBA hike next Tuesday. Hse prices have started dropping in Australia since 2020.... Want to buy a hse with a lake if possible. Now my SGD stronger than AUD and keeps getting stronger,... Majulah,...Singapura,....

Good luck to all investors in US instruments,...

I thought everyone start with dividend investing before entering US Market? I still kept majority of my portfolio on bursa dividend stock. Then playing options to earn some along the way while also buying other growth stock. If really Tesla split 1:20 then I can play options with Tesla. As of now slowly accumulate Tesla share.

Reason becuz I also got ETF and Unit Trust and those top holdings already cover those like TSMC, Alibaba etc. Why for AAPL, MSFT, GOOGL, AMZN etc I still buy individual US stock is becuz those are exceptional it is worthwhile to also invest in them direct besides getting indirectly invested via ETF, Unit Trust. For individual US stock due to high share price I look so long for low capital broker until now finally found Webull fractional shares. I intend to slowly accumulate since it is 0 comm fees per trade.

Yes I check before. Their account opening process super long and their per withdrawal request is 25 wow! Which is why I keep searching until Webull Spore appear. Hope you also onto Webull Spore soon and share.

New SEC ads. kena shot. 

Aim at GameStop?

I think "market timing iis mpossible" is a myth perpetuated by asset managers who want to keep their AUM based management fees.

For marker timing to work, one does not need to perfectly time the bottom or the top. One doesn't have to be accurate all the time as well.

For me the most important thing for market timing is to avoid the worst impact of big drawdowns (negative performance). Big drawdowns have very severe impact to long term portfolio building.

Like a 50% loss requires a 100% gain to recover and how long will that take?

It's probably ok for a young investor with not much assets to lose say 40-50% of his portfolio. But it's definitely fatal for more uncle investors.

More like a slow boiling water type of downtrend I reckon  Unless a trigger event that will speed up the crippling effect

I know what to buy, but problem is when? Hahahaha I don't want buy le drop another 15% but I also scare if I wait it bounce 15%

All so rich I trade using rakuten . Don't know worth or not

Hope it will be different next time