Surely not housing problems? At low interest rates, the speculation continues to rocket on

https://www.domain.com.au/news/reserve-bank...0170305-guramz/

Well,... after the 'confirmation event' of rate hike last Friday night,... the ASX' Indices dropped till now,... BUT my ctrs held on,...

Only 1 REIT seems to have dropped,...

NO chance to average down,...

Sifu,

Never hear u say bought ASX reits ? Got share to us before ?

Sure bro,... I hold the following REITs :-

CMW, CMA, CIP (used to be TIX). Let me know what you think of them after you do your research,....

Boss,

I had chosen banking stocks (also you suggested earlier). Reits - I remembered u mention abt CMW. Others, cant remember.

Let me do some study first.

Yeah, bro,...So,.. what have you found out abt CMW ? Please do share with me,.. here or via PM,.. what you learnt abt these ctrs,...

Hansel, Just our of curiosity, why go for ASX when AU charge 30% with holding tax vs go straight into US. Both also charge 30% with holding tax what.

One can get better results from US than AU after considering 30% tax
http://8percentpa.blogspot.sg/2017/03/2017...ngapore+stocks)

Also, not forgetting, USD is "pegged" so we will get more USD even if the real value of USD is 1USD =RM5 I don't see AU companies on the list.

Would like to hear your opinion

This post has been edited by Ramjade: Mar 14 2017, 10:42 PM

Bro, I told you many times, investment is not about cost.

Investment is about risk and return.

You are too "cost focus" you miss the essense of investment

AUD went from 3.37 to 3.41 overnight!!!!!! Shessssdhhhh

Yes, bro,... and all targetted ctrs in the SGX went UP TOO ! NO CHANCE to buy anymore,... life is unpredictable,... glad I bought a lot earlier,... and not waited for the rate hike to come,.........

S&P/ASX200 went up too,..................glad started investing into the ASX from the third qtr last year,....... Not from now, thinking that the mkt will fall due to rate hikes...

hi boss,

all Australia stock u purchase from SG brokerage? interested to expand my reits portfolio from current Mreit and Sreit.

Stanchart SG offers currently offers the lowest brokerage charge and available on their platform. Other brokerages do offer ASX counters too, most may need you to call in to buy, and not available online.

For Income investors, one recommendation is to enter into one major bank and one regional bank for diversification. The major bank to go for is NAB, and the regional bank to go for is BOQ.

Just a tip for your consideration this morning.

hi hansel,

both bank stated by you... similar with opening a SG MBB acc? without work permit etc can open offshore bank acc.

Sorry bro,.. what I meant to say was these are the banks whose shares you can buy,... NOT to open brokerage accounts in,... don't do this yet ! Distance is far, culture is different, 'angmohs are slow',...lots of issues,...

Start from Sgp.

After you are familiar with their exchange, ctrs, etc,... then you can think further from there.

All Australian bank let you open account. On condition
(i) tourist visa (arrival date must be less than 14 days)
(ii) must be in person. No shortcut like maybank sg
(iiii) working or studying there

Not as rigid as SG and HK

So,.. the above is the same again as per SG : must have a student visa or an employment visa. AUS is complicated,.. the taxation rules themselves will 'kill' us,...

...Unless of course, you have the above,... then again, you must still learn their taxation rules and how these rules affect yr investments,... or engage a tax consultant, but this will increase yr cost,..

Wrong. In AU, you can open account as a tourist as long as you meet condition (i) and (ii).

Condition (iii) is applicable for all countries

Where did I get this source? A blog posting in 2016 with proof. But then again don't know if we are the exempted lot because of "malaysian passport" or not. Everyone hates our passport.

This post has been edited by Ramjade: Mar 27 2017, 11:51 AM