Why not MGK if you want to be more tech heavy? 58% portfolio in Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla, Meta and Netflix. Performance wise almost the same but annual expense ratio only 0.07% vs 0.20% for QQQ

track record suggest MGK is underperforming

This post has been edited by Medufsaid: Oct 23 2023, 12:25 PM

Qqq is more diversified.

Yes but if one doesnt want to be that diversified but wants to be more tech heavy then i guess its MGK.

All very good info, thanks. But I expect stocks to drop further for the time being especially MGK. Netflix already miss the boat as price shoot up after earnings while Tsla bad news for the next few quarters.

MGK is too mag7 heavy 🤦‍♀️ while buy mag 7 directly will give better returns in the long term

Qqq is different because of different tech sectors inclusive entire ecosystem

MGK also consists of various tech sectors. Both have very similar holdings but MGK has a higher weightage of the Magnificent 7 stocks (58% vs 49% for QQQ).

MGK is for those who want to have a bigger holding of the Magnificent 7 megacap tech stocks but want to keep things simple and not be buying 7 individual stocks separately.

For me personally, i buy these stocks individually.

This post has been edited by cybermaster98: Oct 23 2023, 03:42 PM

I did abit of research and wonder if someone can advise me whether I should invest in my son's study fund in

Vusa vs VWRA

Vusa is 100% in US
Where as Vwra is more global

Dividend yeild wise Vwra wins but Vusa has better performance

My 2 cents, why don't you just split and invest in 2 funds. That's what I would do if face with this dilemma

That's double exposure no? Both tracks s&p but Vwra has more exposure to Europe and EM. (60% still in S&P)

i am not sure u troll or not. his already clearly stated split not double down.

if you invest $100 in VUSA, ur exposure is $100 in US.

if you invest $50 in VUSA + $50 in VWRA, then ur exposure is $50 + $30 = $80 in US.
of course you can further customize allocation, dont have to be $50 in each.

btw FWRA has cheaper expense ratio than VWRA.

Sorry I'm so new to etf. Coming from a person who parked all his money stupidly in myr for the past 8 years and made a lost.

So excuse the stupid questions as I'm using unit trust principles in etf.

I mean... what is your investment horizon? If your son needs the fund in 3 year, keep it out of the market and put it in some safer places.

The only situation I can see myself putting my child's study fund in a 100% stock portfolio, however diversified, is that I am going to be having the kid soon and they won't need it in 15-20 years, with a backup plan in case hit by sequence of return risk... even VWRA, the arguably safest, most diversified total stock market etf has a ~25% max drawdown within 10 years.

It's easy to ask an A or B question and get an answer, but it's also important to find out if you are asking the right question to begin with.

This post has been edited by Hoshiyuu: Oct 23 2023, 05:30 PM

Bro you didn't pay attention in xuzen class? He already talk about this last time.

I repeat what he said. Come I take you back to history around 7 years back for his class.
All global funds will have 40-60% exposure to the US. Out of that exposure at least 20% will be make up of FAANG stocks. So why waste money buying global or US stocks. Focus on FAANG. That's why I buy TA global tech over what global fund. You want exposure to other world buy specific unit trust like India, or china focus.
His words. Not mine words. Not 100% like that but more or less.

Same thing. Only difference is
1. Unit trust fees is ridiculous at 1.5-1.8p.a% Vs etf at 0.07%p.a
2. ETF is actively traded like a stock but passively managed while unit trust price is delayed.
3. You won't beat the market or underperformed it. You will get market return.

This post has been edited by Ramjade: Oct 23 2023, 05:34 PM

Shit your right. He never liked broad index funds. Thank you ram

And if you want to save money Vs giving the banks/your banker free money, go open up a sg bank account and transfer SGD via FAST into interactive broker.

All can be done via online.

This post has been edited by Ramjade: Oct 23 2023, 05:53 PM

Indeed, if Avangelice knows exactly when he needs the money, US T-bills/notes/bonds will do the work. No need to bother with price going up or down. Just hold till maturity based on today's rate, you can get about 5% p.a. risk-free from USD side, about 3.5% p.a. from SGD side and 3.8-4% p.a. from MYR side.

You just need to forecast the future expenses, and discount based on the rates above. You get the present value now, and thus you know how much to buy.

Depends on period and the risk he is able to take but there are better options abound instead of these 2

I see that many have answered your question, so no need to repeat. All the best in your journey.

My boy is reaching three years of age coming January 2024 and I feel uncomfortable being heavy in Malaysia with my stock and epf plus asnb (non Muslims) so the horizon is 18 years from now.

Bonds. Now that's something I haven't delved into yet