KLCI now a bit bullish.. Or more like a calf.. 😆 Let see how the closing is like. Hopefully can breach 1600 level before new year.

U old school maybe.. . There is a reason why there are USD4 trillion inside ETFs now in the world.

Hit 1600! Go go window dressing till end of year!

I believe its considered like a US domiciled security for WHT purpose. But u hv to check.

Sorry I just noticed this.. What gold stocks do u have? Gold mining stocks? Or gold etf?

Im also trimming down more on defensive this month, in my case, govt bonds.

Sounds about right. You make more money by selling warrant Y.

I never bothered about exercising warrants. Warrants has always been for short term trades only. Not a buy n hold thing.

This post has been edited by Cubalagi: Dec 23 2019, 01:12 PM

Warrant value has time value and intrinsic value. Time value drops to 0 at maturity. The longer u hold a warrant the less valuable it will be

This post has been edited by Cubalagi: Dec 24 2019, 08:30 PM

Merry Christmas and Happy New Year. 4 more trading days to go before the year ends.

2019 is another sad year for Bursa with FBMKLCI down at - 5.11% YTD at Christmas eve. Compare this with HSI which was up 7.81%, even with trade war and riots. Don't even compare with US market.

Let's hope, 2020 will be a better year for the local equity market. Remember that past performance is not a guarantee of future performance!

https://www-bloomberg-com.cdn.ampproject.or...promise-in-2020

This post has been edited by Cubalagi: Dec 25 2019, 08:16 PM

Same HSI index, just different fund managers. Both are OK.

Personally, I prefer HSCEI than HSI though.

I normally wouldn't regard gold n silver miners as "defensive". 😆

But I'm suprised that gold is still strong now.

QQQ is the largest 100 companies on nasdaq regardless of industry sector.

Im not familiar with XLK, but I guess Amazon n Facebook are probably under Consumer Discretionary sector (Amazon) and media/communications sector (Facebook) rather than technology.

No tax, we have no capital gains for stocks.

I don't know how much is the brokerage for maybank nominee but if you want to, you can open an account with another IB and transfer the shares there. CDS Transfer fee is RM10.

Haiih.. KLCI can't even close above 1600 for the year.

This is tougher market than even 2015/16.

So sad Malaysia Baru.

GE is in 2023. If the PH can't fix the economy by this year, they won't last past 2023. And the stock market is a reflection of the economy.

This post has been edited by Cubalagi: Jan 1 2020, 11:57 PM

I thought Maybank also now offer lower brokerage for online cash upfront trades? Maybe u check with them n change your account?

Between Rakuten and M+. For cash upfront: Go M+ for lower brokerage and direct CDS. Rakuten the only advantage are online KYC and pretty fast FPX payment. The rewards are just fluff to me.

If u use direct CDS also no fees. Rakuten is nominee structure but they waive the normal fees. So it's not a plus, just less negative.

Best buy is the highest price level that someone puts in to buy the stock, that hasn't been matched.

Best sell is the lowest price someone puts in to sell the stock, that hasn't been matched.

So, if you want buy the stock, you can put the order at the best sell and it will get matched. Trade done.

Or, you can put buy order at lower price. Here, no trade is done yet, you wait for someone to hit you/sell to you. N If your buy order is the highest price, then it will become the best buy price. N you wait.

No stamp and clearing fee for the IPO. Only applicable when you sell. Platform fee should be, minimal. I think Maybank charges RM1.

Yes correct. Brokerage only when u sell.

Crazy.. Even Chinese stocks like Baba and Tencent are up strongly.

This post has been edited by Cubalagi: Feb 4 2020, 10:40 PM