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 Bogleheads Local Chapter [Malaysia Edisi]

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Davidtcf
post Apr 1 2022, 09:37 PM

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QUOTE(Icehart @ Apr 1 2022, 08:49 PM)
Good for you.
My original suggestion of stablecoins staking is not for investment, but rather for the purpose of emergency 6 months cash that can be withdrawn and used immediately, yet still enjoy relatively high APY.

Can you show me some articles on the danger of staking, just to see if I've missed anything.
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Also if u compare with MMF funds, staking is dealing with volatility of crypto also.. when they lose value what you stake will lose value in its entirety.

Other dangers listed in articles such as these. So yes once again much higher risk. Stablecoins sure less volatility, what if the crypto get stolen like so many news we heard getting hacked etc?
https://trustwallet.com/blog/top-7-risks-of-staking-crypto

An article about stablecoins. Threats from regulators and its long term sustainability:
https://www.france24.com/en/technology/2022...-global-markets

This post has been edited by Davidtcf: Apr 1 2022, 09:47 PM
Davidtcf
post Apr 2 2022, 07:42 PM

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QUOTE(Icehart @ Apr 1 2022, 08:49 PM)
Good for you.
My original suggestion of stablecoins staking is not for investment, but rather for the purpose of emergency 6 months cash that can be withdrawn and used immediately, yet still enjoy relatively high APY.

Can you show me some articles on the danger of staking, just to see if I've missed anything.
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Also note the 20% APY is not sustainable:
https://wantfi.com/terra-luna-anchor-protoc...it-pay-20-yield

This youtuber also mention the more people stake in something the less its interest will be later on (4:27)


I'll stick to the usual ETF and stocks. Possible to have returns of 20% or even more a year or in two years time if you pick the right ones. Much more secured as well.

This post has been edited by Davidtcf: Apr 2 2022, 07:44 PM
Davidtcf
post Apr 2 2022, 10:27 PM

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QUOTE(Icehart @ Apr 2 2022, 09:18 PM)
Well good for you. Not forcing anyone here but am just offering an alternative to those who are keen to explore further.
Just to reiterate once more, this staking is not an investment advice (short/medium/long), but a suggestion on alternative to earn yield from "emergency funds" that you're allocating for 6 months and more.
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Well the emergency funds' capital need to be guaranteed. From what I read in staking it's a grey area.

If more to investing (willing to take risk) than yes can consider staking.
Davidtcf
post Apr 3 2022, 11:30 AM

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QUOTE(Hoshiyuu @ Apr 2 2022, 10:58 PM)
Thanks for the sharing the video!

Also, that's a really bold claim, I personally expects 5-10% overall returns at good scenarios, so if you told me a stock or ETF would return 20% or even more, the first thing I do would be walk away from it out of my personal warnings - would you mind sharing? I'm curious now.
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Just look at Tesla stock.. In one year return is 56%.

This year we got hit quite bad. Hence why I said 2 years.

user posted image

Google 26%

user posted image

VUAA or CSPX gave 20%+ last year when I check. Early of the year wiped out much gains due to fed announcement. Let's see end of year how much it will rise. VWRA likely give lower around 10-15% a year.

But of course with stocks and ETF you gotta sell before you see the returns. If don't need the money then just hold on. If can keep 5 years or more then will earn even more. Put stop loss (sell at "stop"/"stop limit") if want to cash out in case they drop too much later on, after holding at least one to two years in it.

Not every market can hit 20%. Bursa stocks will be hard. SG market got growth but still not as high as US ETF or stocks.

Articles on this:
https://www.investopedia.com/articles/inves...act-economy.asp

https://groww.in/blog/things-to-know-about-us-stock-market

https://www.cnbc.com/2021/02/27/warren-buff...sed-assets.html

This post has been edited by Davidtcf: Apr 3 2022, 11:37 AM
Davidtcf
post Apr 3 2022, 04:27 PM

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QUOTE(sgh @ Apr 3 2022, 11:38 AM)
It can be lose big time too so it is always two sides. I see so many investors in other forum complain about their losses on China stocks listed in US stock exchanges. The interest in accessing China A shares and HKEX gaining traction there.

Bogleheads? Has quite strict definition and a lot of investment would be out including mutual fund. Even sector theme ETF are out as they are pursuing low cost index tracking funds and only a few will do. I cannot. How can I eat economy rice with same 3 dishes every day for years? I like noodles actually, rice is just to fill stomach.
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Agree. Options is complex and high entry requirement (100 shares and some need margin account). Predict wrong or something unexpected happens then bye bye to earnings. Might need fork out extra cash too.
Davidtcf
post Apr 4 2022, 12:36 PM

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QUOTE(Hoshiyuu @ Apr 4 2022, 10:08 AM)
What I can tell you is, as of today, there is no VXUS equivalent on Irish-domiciled funds. So your choice do quickly become limited when you want to have multiple tickers in your portfolio but avoid overlapping.

The chart is from ETF Research Center https://www.etfrc.com/funds/overlap.php
But US tickers only, you'll have to use similar US funds to simulate your numbers.

It will quickly devolve into a mess when you start having SP500 ETFs, some random SG REITs, a gold ETF from Australia, a handful of VWRA, a pinch of KWEB and TPE... so, be careful, be mindful.

I strongly recommend having an investment policy, limit yourself to only change it every 6 month or ideally 1 year. If it's something you can't hold for 5 years, don't buy it.

Write down what you buy and why, if you can't justify it today, you can't hold it - and when it turns out to be an eye sore a few months down the line - you can refer to it again: "Did the fundamental reason I bought this ticker change? Or am I selling it purely out of spur of emotions?".
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If monitoring them becomes a mess, use tools like Yahoo Finance to compile all of them in one place. Just login to it to see your daily / whole life earnings/losses in US, SG,MY or elsewhere markets.. even crypto can insert into it.

Can press into each category/stock/etf to view in detail.

Can add wish list at the bottom also (if you leave holdings blank). Set Face ID or fingerprint as password for privacy.

user posted image

This post has been edited by Davidtcf: Apr 4 2022, 12:42 PM
Davidtcf
post Apr 4 2022, 12:39 PM

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QUOTE(melondance @ Apr 4 2022, 12:38 PM)
Ugh... thats true. BNM wouldn't allow it and it puts all Malaysian at an disadvantage compared to our neighboring countries.
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This is why I invest less into Bursa also. A lot goreng and manipulation of prices there too due to lack of foreign investors.

This post has been edited by Davidtcf: Apr 4 2022, 12:39 PM
Davidtcf
post Apr 4 2022, 11:14 PM

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QUOTE(AthrunIJ @ Apr 4 2022, 05:29 PM)
Yeah I know.

All Ze best bruh. 👀😬
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300+ cheap le for a US stock.. Nvidia is around that range also.

Compare with Tesla, Alphabet (google), and Amazon they are much more expensive.

Still I have faith in Alphabet. Bought one recently. Looking forward to its stock split in July to see what happens. After stock split usually their prices will go up.. as some ppl will buy them to play options or more affordable for them at 100+.

Davidtcf
post Apr 5 2022, 02:13 PM

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QUOTE(xander83 @ Apr 5 2022, 02:22 AM)
EPF main mandate that any withdrawal for investment its has to be locally invest not abroad otherwise it cannot fund more MGS purchase doh.gif
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yea, Global Titan Fund by Principal no longer accepts EPF investment.. starting 1st April 2022. If I know earlier last month should have added more. Didn't read the fine print. sad.gif
Davidtcf
post Apr 6 2022, 10:30 PM

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QUOTE(Ancient-XinG- @ Apr 6 2022, 09:10 PM)
hi any IBKR user can answr me?

i bought 1 share of VWRA, but the commission there stated 4.00

my order match 112.50, but cost is 116.00

anyone can enlighten me?
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You are on the default fixed pricing. It is a trap by IBKR for new joiners. It was the first thing I checked coz I suspected as a business they will set this trap.

Indeed I was right.. immediately I changed it to Tiered Pricing right before my first trade.

Always check this before trade with any brokers. If they have settings for this make sure you are on the correct configuration.

Fixed pricing is only good for whales. We are normal retailers so tiered will benefit us more.

This post has been edited by Davidtcf: Apr 6 2022, 10:31 PM
Davidtcf
post Apr 7 2022, 04:33 PM

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QUOTE(Hoshiyuu @ Apr 7 2022, 04:07 PM)
Out of curiosity, what would be your ideal portfolio?
How many stocks is too concentrated, how many stocks is considered diversified?
How much China sector do you allocate in your portfolio?
I assume you fully manage your portfolio, where do you buy and hold your holdings?
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I think he is referring to buying stocks (self manage) and not relying on ETFs.
Davidtcf
post Apr 8 2022, 06:41 PM

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QUOTE(Toku @ Apr 8 2022, 11:18 AM)
1. Geopolitics dictates the long term economy and then the asset price. Example of that is the effect of Plaza Accord. Moving forward this world is very likely to have 2 super powers hence we need to have higher weightage and participate more in these 2 super powers economy. This is long term trend. You can check on Ray Dalio's analysis. According to him, the rise of the successful investors like Buffet and Bill Gross during 70-90 is due to the fed's rate policy and the economy opportunities. They ride on the right waves. Now if China's path of growth follows the US, this waves might be in place already. I know there are a lot of narrative on china assets' investible but I think if you are not looking to grow at the expense of their interest there are still opportunities. Being in a third world country citizen, I have the opportunity to stay neutral and make gains from both sides.
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When I see prices like this diving.. I don’t dare to invest in China.

user posted image

This is China’s largest tech ETF.
Thanks to Xi Jinping administration. Communist party also hard to predict their next move. Also rumours of China planning to invade Taiwan in the near future. In their eyes Taiwan must rejoin China one day sooner or later. Military have been building up in China heavily to prepare for this day.

This post has been edited by Davidtcf: Apr 8 2022, 06:49 PM
Davidtcf
post Apr 9 2022, 09:40 AM

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QUOTE(sgh @ Apr 8 2022, 07:10 PM)
Avoid China tech for a while. All latest China fund factsheet I have shown fund managers all have shifted to Industrials, Consumer Cyclicals as top sector and tech is relegated to maybe 4th or 5th position. This mean fund manager are also actively avoiding the China tech sector. In times of crisis we witness fund managers doing the hard work.

For index tracking ETF too bad hard for them to avoid if all stocks in the index all perform badly UNLESS can remove those non-performing stocks from the index so the ETF no need to buy those stocks ?
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No available china industrial ETF to buy.. No idea which stock to start with also. All of China ETF contain tech inside.
Davidtcf
post Apr 10 2022, 11:06 AM

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QUOTE(sgh @ Apr 9 2022, 12:12 PM)
Sometimes it is wise to diversify investment instruments. ETF mutual fund individual stock etc. For China ETF I think HKEX quite a lot but if you use IBKR the fees not that cheap. IBKR mainly for US trading. Tiger moomoo also not cheap basically HKEX China A shares yet to find cheap 35 cents fee.

I am eyeing HKEX Global X Electric Vehicle ETF although in SGX NikkoAM also launch one equivalent to compete. EV not tech correct?
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I’ll pass for China till more good news arrive for their administration:
https://tfiglobalnews.com/2022/04/09/china-...ican-investors/
Davidtcf
post Apr 10 2022, 11:41 AM

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QUOTE(yklooi @ Apr 10 2022, 11:20 AM)
Just another just in case scenario,... What if you did not die but just incapacitated,... Unable to communicates.... Does Yr family members has access to Yr password so as the liquidate some investment money for you to use?
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From what he wrote it seems he will not share his passwords as long he’s still alive. Meaning using lawyer letter or death cert to claim those investment. If so it will incur 40% estate tax if investments are in IBKR.

If you trust your loved ones enough then you can share the logins. Even if they were to access and sell all your shares they can’t withdraw to their own account.. need to withdraw to account with same name.

But sometimes is not about the greed part.. is how some family members might make noise, lecture you, keep probe and criticise etc type. If so I understand why some would not want to share their logins also.

This post has been edited by Davidtcf: Apr 10 2022, 11:41 AM
Davidtcf
post Apr 11 2022, 11:27 PM

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QUOTE(yklooi @ Apr 10 2022, 11:44 AM)
Cuuently my spouse has my bank access password n the token unit (for TAC).
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Ic. If you trust enough then ok to go ahead, since that person holding your bank access but didn’t abuse it.

Me and my wife has separate bank accounts and we don’t share access.. heck won’t know exactly what each have inside also haha.

If I die one day before her she can ask lawyer help to access my bank accounts, even without will as long we remained married.. so I don’t feel need to grant her access while I’m still alive.

I know some people might even have one account where both husband and wife share it.. we are not at that level 😅 if wanna invest that time sure headache also will this setup.. in the end still need account under own name.
Davidtcf
post Apr 20 2022, 02:46 PM

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QUOTE(rEvivEd- @ Apr 19 2022, 06:30 PM)
EDITED.

Think I figured it out.
thanks
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sometimes you have to see whether worth waiting so long or not.. to save 10k for most people would need a few mths.

Or if DCA in a shorter time period (yet smaller amount) more worth it? especially in a bear market now in the US where prices are near to or even below support levels.

This post has been edited by Davidtcf: Apr 20 2022, 02:47 PM
Davidtcf
post Apr 22 2022, 01:34 PM

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QUOTE(Hoshiyuu @ Apr 22 2022, 07:06 AM)
user posted image

Just a reminder that big, safe blue chips can pop too.

Buy the haystack, don't take uncompensated risks 👍
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Agree.. I tried buy 1 Google stock.. now see its price went down 300 USD.. is like a roller coaster ride. Haha.

Need to be patient for it to recover.
Davidtcf
post Apr 22 2022, 06:36 PM

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QUOTE(rEvivEd- @ Apr 22 2022, 04:06 PM)
In the same boat as u are brother.

Hahah. How long you think the recover gonna take?
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26th April will be Google first quarter financial report. If they beat estimates then will go up some.

Really recover is when Fed stop increase interest rates. Shoot to the moon is when interest rate are lowered (when inflation report improves)

If Ukraine war stops also will see some improvement in the stock market (Best if Putin gets killed or sacked so that sanctions are over). Market hates uncertainty.

US stock market is still the best in the world. We just need to be patient and hold. Good stocks will recover and go up even higher one day.

This post has been edited by Davidtcf: Apr 22 2022, 06:36 PM
Davidtcf
post Apr 22 2022, 07:57 PM

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QUOTE(sgh @ Apr 22 2022, 07:24 PM)
The other way also possible Ukraine lost the war and be conquered and war stops. To us as long as war stops don't care which party win so world market can get back to normalcy.
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If Putin is still president, sanctions will still bite everyone though. Commodities and oil prices will remain high.

This post has been edited by Davidtcf: Apr 22 2022, 07:58 PM

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