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Davidtcf	Mar 17 2022, 12:52 PM Return to original view \| Post #121
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(Hoshiyuu @ Mar 17 2022, 12:41 PM) This thread is easily the most entertaining thread of the entire finance section of the forum, when I see the thread suddenly got 20+ new replies I know what my next tea break reading material is 👌 Yea so fast moving.. then see many novice investors here also, just helping to steer them to right direction. 😄 Together-gether help spread financial literacy. Continue to stay invested for the upcoming bull runs! Normal to feel discouraged when in sea of red. As long invest in the right things then no worry 👌
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Davidtcf	Mar 17 2022, 01:35 PM Return to original view \| Post #122
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(honsiong @ Mar 17 2022, 01:24 PM) Stashaway got blog post bout the WHT, it's compensated by better liquidity in US market iirc. Buying LSE UCITS ETF only save 15% dividend tax, and dividend yield isn't a big thing outside of MY SG HK markets. 30% WHT is a small matter compared to 40% estate tax. Yes this. Always try to buy irish domiciled ETF versions. Else even accumulating etf will get taxed 30% for US domiciled. US residents can claim back part of such a tax, but Malaysians and Singaporeans no such tax treaty with US to be able to claim back any amount. For Irish domiciled half of that which is 15% Got some exceptions such as buying gold ETF such as GLD since no dividend.. Or QQQ as recommended by some due to much higher liquidity. US has been proven to have highest growth due to having many local and foreign investors. Right now red but will very fast recover. My portfolio is US heavy. Of course good to diversify and buy other good stocks or ETFs elsewhere to reduce risk. For me I will still focus on US more. Just see how much % VWRA bet on US stock holdings. Estate tax only applicable if you die while holding stocks in your name in a broker such as IBKR. Hence if know gonna die best liquidate any US stocks/ETF and put in own savings account. This post has been edited by Davidtcf: Mar 17 2022, 01:49 PM
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Davidtcf	Mar 17 2022, 01:52 PM Return to original view \| Post #123
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(collingwood @ Mar 17 2022, 01:42 PM) Just logged in to Stashaway since ages ago SHOCKED TO SEE THEY REOPTIMISED AGAIN!! AND KWEB ALL GONE!!! Right after they gained 39.xx% a day incredible timing Yes, they should have waited for Fed's meeting/announcement first which was at 2am our time today Right after that so many stocks and ETFs shot up. Now waiting to see if will go up higher in the next few weeks. Anyhow.. continue to stay invested be it Stashway, using other Robos, or DIY. Look at long term like this uncle who worked as a janitor: cpRvK4dU2wk https://en.wikipedia.org/wiki/Ronald_Read_(philanthropist) This post has been edited by Davidtcf: Mar 17 2022, 01:56 PM
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Davidtcf	Mar 17 2022, 11:53 PM Return to original view \| Post #124
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(zstan @ Mar 17 2022, 09:55 PM) Lol wtf KWEB is more volatile than crypto. Fuck it I'm happy to the good old days of just seeing 1-2% gains Wah KWEB really drop 10% in one day. Wtf?
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Davidtcf	Mar 18 2022, 10:01 AM Return to original view \| Post #125
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(AthrunIJ @ Mar 18 2022, 08:31 AM) Probably can write up a research paper regarding Kweb volatility vs Crypto volatility 👀🤭 Stock market is all about investors willing to put money into a stock /ETF or not. Be it institutions, hedge managers, retail investors like us, the company itself, foreign investors etc buyers. When enough people sell more than buy, that is when prices will crash or drop. In order for it to go up again, need to have more buyers than sellers. Sometimes prices go up / down beyond fundamentals. Could be due to a genius pumping price up like Elon Musk with his bizarre tweets (Tesla stocks are overpriced), or geopolitics/news scaring people off (like in China case), or war (China supporting Russia). KWEB is now oversold which just proves the fact: https://www.nasdaq.com/articles/shares-of-kweb-now-oversold Then confidence towards that particular stock / ETF also important. If people don't feel confident one day they will give up on it and just sell after going through enough with it (like in Stashaway's case). They might not return to invest on it again till see it grow a lot to give them back the confidence. That is why choosing which stock/ETF to buy is important. Need to see the whole picture, and not just whether a stock/ETF can grow or not with good fundamentals. This post has been edited by Davidtcf: Mar 18 2022, 10:02 AM
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Davidtcf	Mar 18 2022, 10:32 AM Return to original view \| Post #126
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(tehoice @ Mar 18 2022, 10:26 AM) short now but i'm of the view that China will eventually overtake as the world's largest economy and i am on the bull side over the long run (or super long run like 15-20 years timeframe). as long Xi Jin Ping is still the premiere I would avoid China. He is unpredictable and is revitalizing old China communist methods. don't be surprise one day he will invade Taiwan. He already did it with India at their borders, and taking over islands in South China Sea without any fear, and even dare to threaten neighboring countries like Philippines to shut up and just accept them building bases all over the place. Other controversies that he did as leader of China: https://time.com/4519160/china-xi-jinping-c...ts-rule-of-law/ https://www.theatlantic.com/international/a...jinping/620645/ https://www.politico.eu/article/xi-jinping-...n-in-the-world/ China need someone like Deng Xiaoping to make it boom in this modern age. This post has been edited by Davidtcf: Mar 18 2022, 10:34 AM
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Davidtcf	Mar 18 2022, 10:34 AM Return to original view \| Post #127
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(tehoice @ Mar 18 2022, 10:33 AM) like what US have done in the past too? see the other 3 articles i just shared further about Xi: https://time.com/4519160/china-xi-jinping-c...ts-rule-of-law/ https://www.theatlantic.com/international/a...jinping/620645/ https://www.politico.eu/article/xi-jinping-...n-in-the-world/ I understand most of us here could be chinese and proud of China.. once again have to see bigger picture. This is is your hard earned money meddling in investments. Your money your choice. Also what do you think will happen if China go ahead and invade Taiwan? Likely similar to what we have now with Ukraine. Some people keep compare with US. US way of waging wars is when they have very good reasons to do so.. that have support from Western powers. Such as fighting Al Qaeda, toppling Saddam, 911 event, fighting communists in Vietnam during Vietnam war etc. If US want to they can easily crush Cuba.. what they see as a threat also.. but why didn't they do so? Because of the impact that will arise from it.. unless if the world sees Cuba did something wrong, else they would condemn US if they dare to attack. Did we see Taiwan doing anything wrong? Then why China keep send planes to breach their air borders? Just because China says they must get back Taiwan one day? Basically we need China to focus on their own growth, economy, and their own nation's well-being. Like how Deng Xiao Ping did when he was in gov up to premiere: https://www.britannica.com/biography/Deng-Xiaoping All the other pro-communism stance that brings more harm than good, strict controls on individuals and companies, persecuting enemies, waging wars and throwing threats need to stop. This post has been edited by Davidtcf: Mar 18 2022, 10:51 AM
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Davidtcf	Mar 18 2022, 11:09 AM Return to original view \| Post #128
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(lee82gx @ Mar 18 2022, 11:06 AM) I hope this is not "out of topic" if I add my own 2cents. And tbh I've been refraining to post ever since some hotshot's mind got boggled by some of us who liquidated and still posting in this thread. But, both of these arguments have merit, and ever more so depending on how tinted your glasses are. Every single war and conflict arises from someone attempting to do the greater good. Rarely has the greater good prevailed. Come to the end, you need to choose a side and have a stand. I tried to understand Putin, like I tried to understand Hitler. I think I understood him and I find it unacceptable for my moral standard. I tried to understand Xi, but so far I see only a cunning snake. The only thing consistent is that he is trying to build his dynasty, much like Putin. And we know that power corrupts, so absolute power corrupts absolutely. He can lay out policy for the next millennia as he sees fit and good for China, but if he does not show the succession plan to relinquish that plan or to recognize that man's plan is never meant to be eternal then I think he will walk the path of absoluteness. Same as a certain ruling party in Malaysia. So yeah, because of this, I also find it hard to invest in China. It is no coincidence that many democratic + capitalist companies have pulled out or are in the midst of pulling out of china. Same as Russia (i know some tech companies started 5 years ago). For short term play or momentum, sure why not. But I would not buy a Chinese stock and close my eyes and hand it to my kids. yes, he relinquished a CCP's law of 2 term limit. Which means he can rule China for life. Want him to step down? Likely need wait he passed away first. After that next China's premiere also will be able to rule for life thanks to him https://www.bbc.com/news/world-asia-china-43361276 When someone with so much power grows old and bored, he can start doing stupid things, like what happened to Putin after power got up to his head. This post has been edited by Davidtcf: Mar 18 2022, 11:10 AM
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Davidtcf	Mar 18 2022, 02:59 PM Return to original view \| Post #129
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(MUM @ Mar 18 2022, 12:58 PM) on the hindsight,... KWEB jumped 38% in a single day...if SA still holds KWEB.... @ 20% allocation....the port would have gained 7.6% ROI just from KWEB alone? ha-ha... still a failure for Stashaway if compare the graph to 1 year ago. From 80usd become 20+usd. These few days go up then come back down.. not consistent.
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Davidtcf	Mar 18 2022, 04:02 PM Return to original view \| Post #130
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(!@#$%^ @ Mar 18 2022, 03:28 PM) cannot stomach the risk, then play money market fund lor. I invest in US market and VWRA etf, Singapore, and a bit in Bursa. Looking at elsewhere also such as Europe, Singapore, UK, Canada, Japan etc. Just that not China. Look at those invest in Russia what happen to their investments now? Wanna sell also can't everything frozen by Putin: https://www.reddit.com/r/wallstreetbets/com...utm_name=iossmf Market fund or fix deposit wait long long for your money to grow lar.. Might lose to inflation in the end. Just see how fast price of goods and services shoot up? https://www.theedgemarkets.com/article/mala...ation-32-onyear Put emergency money/ savings in MMF then ok as long fast withdraw. This post has been edited by Davidtcf: Mar 18 2022, 04:07 PM
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Davidtcf	Mar 18 2022, 04:09 PM Return to original view \| Post #131
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(!@#$%^ @ Mar 18 2022, 04:05 PM) correct. high risk high returns high loss Got many other region's stocks safer to diversify into that is my point. Why choose somewhere with much higher risk.
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Davidtcf	Mar 23 2022, 08:51 AM Return to original view \| Post #132
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(DragonReine @ Mar 23 2022, 08:42 AM) 🙋 this is what I use it for, although I invest in 16% n 36% SRI instead. Most of my portfolio is conservative and dividends based so being a bit risky on SAMY is a mild gamble I'm okay to take. I'm using 8% portfolio to concentrate on bonds, for aggressive investments such as US stocks or ETFs I DIY via IBKR. honsiong liked this post
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Davidtcf	Mar 23 2022, 10:36 AM Return to original view \| Post #133
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(honsiong @ Mar 23 2022, 10:05 AM) Good move. Stashaway excels in claiming withholding taxes on bond etf dividend, no point buying bond etf with brokers. Hmm I just realize this.. thanks for letting me know: https://www.stashaway.my/faq/115010107948-d...ends-get-taxed/ Quote: "Under the QII (Qualified Interest Income) rule, some of the dividend WHT from US domiciled funds (e.g. US government bonds) can be claimed back. Our broker will do this on your behalf and there is no involvement on the customer's part. We will do this once a year, and will notify you via email if you have any claimable WHT, which would be redistributed to your portfolio and automatically reinvested." Even more reason for me to use Stashaway for bonds then.. not sure if other robos like MyTheo or KDI Invest have this. Quazacolt liked this post
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Davidtcf	Mar 23 2022, 11:08 AM Return to original view \| Post #134
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(honsiong @ Mar 23 2022, 10:53 AM) But ah the 0.8% p.a. fees may be enough to wipe your WHT savings out. nvm, I need more time too look into bonds and other conservative instruments.. the more I read about them, the more I confuse. So let robo deal with it first. once i ready will try DIY them also. This post has been edited by Davidtcf: Mar 23 2022, 11:13 AM
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Davidtcf

Mar 23 2022, 01:10 PM

Return to original view | Post #135

To the moon!!

Senior Member
3,520 posts

Joined: Jan 2003

QUOTE(Medufsaid @ Mar 23 2022, 12:09 PM)

you might want to read page 844 on whether malaysians are suited to buying bonds https://forum.lowyat.net/topic/4750563/+16860
nonetheless, i tried out using a tiny amount that i can really afford to lose, just to see if "hedging" against MYR would really work

here's the 6.5% risk performance (-4.492%).

US 1-3M Cash Equiv & Global ex-US Inflation-linked Govt Bond was only reopted in with last week's KWEB removal exercise

compare to 36% risk performance (-5.6356%)

i decided to try ESG for free for 2 years, in hindsight, timed at the dip. currently outperforming classic portfolio (because classic had a reopt which is slightly more defensive)

yea I put a small amount only to see if the bond theory works or not. Wanna see how much are the returns.
if it's really bad then putting in EPF, FD or MMF fund makes more sense.

btw due to rising interest rates, bond prices will drop. but their yield will increase.

once interest rates drop then their prices will go up.

need more time to study bond market... hence start small now see2 first.

This post has been edited by Davidtcf: Mar 23 2022, 01:24 PM

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Davidtcf	Mar 23 2022, 09:37 PM Return to original view \| IPv6 \| Post #136
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(xander83 @ Mar 23 2022, 08:52 PM) Not worth going in MyTheo for Bonds because you are paying more monthly fees than your dividends KDI need to ask them on the next QnA session Bonds are super confusing better DIY buying REITs instead to lessen WHT impact I'm liking Singapore REITs so far. Strange that no robo advisor offer them except for Syfe. wongmunkeong liked this post
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Davidtcf	Mar 24 2022, 11:59 AM Return to original view \| Post #137
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(honsiong @ Mar 24 2022, 11:01 AM) Endowus' mutual funds are not as expensive as those sold in Malaysia, and they offer pure Dimensional Funds portfolios. I am using their Dimensional Factors 100% equities currently to hedge against StashAway 36. Stashaway still has not address their estate tax issue that can hurt those who have > USD 60k inside. here, saw this yesterday. They confirmed here that funds in Stashaway not subjected to Estate Tax: https://www.stashaway.my/faq/900001970983-a...t-to-estate-tax This post has been edited by Davidtcf: Mar 24 2022, 12:00 PM
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Davidtcf	Mar 24 2022, 01:16 PM Return to original view \| Post #138
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	investing in US stocks or US domiciled ETFs will always have risk of estate tax (if one dies before able to liquidate their holdings). If want to minimize such risk then need to diversify into other countries' stocks (SG, Europe, UK, HK etc) or ETF (such as SG ETFs, irish domiciled type). For Stashway, seems that we can only confirm if someone's loved one experience this before and they went and claim the holdings in that person's Stashaway account. This post has been edited by Davidtcf: Mar 24 2022, 01:17 PM
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Davidtcf	Mar 25 2022, 06:24 PM Return to original view \| Post #139
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(AthrunIJ @ Mar 25 2022, 03:36 PM) At least not shock and awe to the financial market. Like COVID and war. 👀 Wish it was still down like few weeks ago. Planning to top up next week.. suddenly see fuuuu everything shot up. This post has been edited by Davidtcf: Mar 25 2022, 06:25 PM
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Davidtcf	Mar 26 2022, 12:27 AM Return to original view \| IPv6 \| Post #140
To the moon!! Senior Member 3,520 posts Joined: Jan 2003	QUOTE(sgh @ Mar 25 2022, 10:20 PM) That is the "beauty" of stock market. Some investors like to average up as price is increasing while some investors like to average down as price is sliding. There are no right or wrong but I read when it is on a bull run (nothing can stop it seems) it is always going up up and away so some investors prefer average up. As for reverse it is harder to fathom the bottom so when you average down you may keep seeing red color. If only stock market is so easily understand by investors everyone no need full-time job just do full-time trading stocks and earn a living isn't it ? That is why the rich get richer.. Easy for them to move money around and grow them if they know how to. Stock market tank, the smart ones will quickly buy good stocks at a discount. When it's high up to its peak then they sell off to make easy bulk profit. Rinse and repeat. Normal salary person like me need to wait to get salary, only can set aside for investment. Most of us go for long term. wongmunkeong liked this post
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