ETFs are pretty cool. And I currently hold these ETFs on HKEX:

3173: invests in new economy stocks in Shanghai n Shenzhen exchanges. Companies you never hear about.

2804 : invests in Vietnam blue chips i. e Vin Group what else..

These 2 ETFs have given me 30-40% returns this year.. 😆 Definitely not bond like returns and I'm still holding

Another one is 3011. This invests in USD money market. I expect to get better returns than just keeping USD/HKD in broker account. Of course, in MYR terms, its bleeding as USD/HKD has fallen.But it is more as a portfolio insurance.. Just in case a black swan event happens, and USD shoots up like what happened in March this year.

USD/HKD expect to depreciate further. Have HKD currency and its bleeding for months already. Don't think a black swan will occur anytime soon. Sigh!

Im expecting USD to decline as well. But Black Swan is called that because it's not expected. So I keep some USD as insurance, just in case the unexpected happens.

I see. Well, wouldn't mind a black swan occuring so that I can finally convert back my HKD to SGD. Really convert at the high at that time as was buying HKD currency ETF

Yeah bros,.... if not wanting to monitor and not wanting to learn,... then no doubt, ETFs are the way to go,... just like if not wanting to take risks with savings, go for FDs.

After having been in dividend ctrs for many years and currently holding at low prices, I have decided to go after growth tech cts in the NYSE and in the Nasdaq, bro,.. another reason that spurred me to go for growth ctrs is because I can't earn anymore interest from my USD Fixed deposits.

And another reason is because I reckon'ed that I am at a time in history when I feel it is right to capture such opportunities,... but this is jmho,... I am still trying to interpret the behaviour of the tech stocks,.... currently holding a few ctrs for observation,...

Thanks. Someone said that there will be recession mid next year. Wonder what are your thoughts on this. For me, I think for stock market likely not to have or if there is, it will be short lived

I also have HSBC shares and this has stopped paying out dividend for now. Converted over at a high too,... but this is what we have to tolerate if we wished to invest into different jurisdictions with different currency denominations, bros,... the most important thing is to be able to make conversions at very good rates, and of course, as in everything else, to be able to invest into the right ctrs.

I guessed nobody can predict the future, bro,... only thing we can do is to diversify our holdings. I said this to me clients who invest with me,... I invested into different asset classes in different parts of the world, thinking that, well,... my postion shld be strong enough. Couldn't be all the countries will drop at the same time together, right ?

Look what happened now.

Yeah. I converted my RM to SGD at the high and convert my SGD to HKD at a high. Loss out on both sides. No choice because that time wanted to buy stocks, so just bite the bullet

I think you did the right thing. Need to diversify. This pandemic only happens once or twice in our lifetime, so your strategy will work in the long run

Never mind, bro,... to cut a long story short,... since our native currency is the Ringgit, chances are higher that we will always benefit when we convert back into our Ringgit for us to use in this country.

So long as our politicians continue to bla,bla.bla,......... the ringgit will never strengthen and will continue to weaken for us to benefit when we change back to use in this ctry.

The most important thing is how to convert at very good rates and how to lay our hands onto the money. This is the kungfu.

If we are in SG, and are using the SGD as our native currency, then it's a different story altogether,...

The bear argument is that there will be much more bankruptcies coming next year than this year. This year a lot of businesses are surviving on their reserves and hope, but by next year, reality will set in and more businesses will close shop. The vaccines, even when it come, will not come in fast enough next year to make the economy as it was before covid-19. The world will go back to a deflationary n recessionary environment. The market will finally realize this and sells off. So it will be like 1929-30 Dow, market crashed then come back up strongly then started falling again 1 year later and continued to fall for years.

This is not my base case tho.. I'm positioned more for a strong 21 recovery esp in Asia/ Emerging Market equities and commodities. But it is something to consider.

If want less headache just choose the giant tech that even yourself are using. Apple, fb, alphabet Microsoft, baba, tencent etc. Seriously these stocks eill even grow bigger for the next five years. Traded in and out many times only these few big name since 4 years ago

I heard this during 2011,2013,2015 and 2018.....

2011 is the Italian and Greece debt crisis

2013 whole European debt crisis

2015 China financial system and banks collapse

2018 is another 10 years after 2008, some expert said it is coming.


The real bear was 2014 crude oil crash and this march us equity crash. It was selective and not really like affect whole market.

This is My personal pick for coming months and years, some sector will go deep bear while some sector willl benefited.

Stay away from bank stocks if one can.
Tech stock will still be leader but probably wont be as good as last few years due to very expensive and popular.
With the massive QE from central banks, commodity such as iron, soya bean, palm oil, rare material and even crude oil probably will come back as market spotlight soon.
This is just my opinion.....

This post has been edited by foofoosasa: Nov 30 2020, 08:53 AM

Yeah,... standard thinking, bro,... I intend capture capital growth too,... but wouldn't want to trade in and out too frequently.

other than Malaysia, HK/China, what other emerging market equities are you invested in?

Thanks. My thinking is more like yours also.

Thanks. But why stay away from banks?

Vietnam via 2804.HK.

And Singapore (but this is not EM, but close)

anyone bought?!


HStech etfs also benefitted as they all have JD.com inside.

03033 +1.8% today, 8.07, nice.