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keeponmovin

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Re: Property or REITS? or Stocks Index ETF?
« Reply #15 on: January 11, 2019, 01:04:54 pm »
wah thats a lot of REIT.

your retirement fund is bulky.  :P

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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #16 on: January 11, 2019, 01:23:45 pm »
wah thats a lot of REIT.

your retirement fund is bulky.  :P

i'm comfortable lar :P

I read and learnt/benefitted a lot from bloggers like @kyith

besides I got on the REITs bandwagon quite early and stuck with them.

it is important to have a financial goal and game-plan,  and review them regularly.

I don't discount circumstance as well - I wanted to buy 2nd investment property like most of you but my wifey is too kia-si so I diverted my cash into REITs purely by chance in the hopes of generating enough to reach that 20% downpayment on my own.  so in a way I was lucky.

actually my holding of ETFs are very small compared with my REITs - something which I am aiming to correct over the next few years.
« Last Edit: January 11, 2019, 01:30:18 pm by beaverjuice »
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keeponmovin

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Re: Property or REITS? or Stocks Index ETF?
« Reply #17 on: January 12, 2019, 12:53:55 am »
i'm comfortable lar :P

I read and learnt/benefitted a lot from bloggers like @kyith

besides I got on the REITs bandwagon quite early and stuck with them.

it is important to have a financial goal and game-plan,  and review them regularly.

I don't discount circumstance as well - I wanted to buy 2nd investment property like most of you but my wifey is too kia-si so I diverted my cash into REITs purely by chance in the hopes of generating enough to reach that 20% downpayment on my own.  so in a way I was lucky.

actually my holding of ETFs are very small compared with my REITs - something which I am aiming to correct over the next few years.

how did u get started? maybe u can share with us more.
because when we see your current knowledge, i am a little bit too awed stuck and not sure how to start

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Bloggerer

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Re: Property or REITS? or Stocks Index ETF?
« Reply #18 on: January 12, 2019, 04:27:49 am »
I'll try to look for it.  Might be in an older shinythings thread.

SCB is the alternative but you already know that right?

ask bbcwatcher or shinythings come here and help more ladies to get started on finances!


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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #19 on: January 12, 2019, 09:04:59 am »
how did u get started? maybe u can share with us more.
because when we see your current knowledge, i am a little bit too awed stuck and not sure how to start

Actually i didn't have a plan and it was purely happenstance that i got started on my investment journey.   So maybe by sharing firstly my mistakes you will learn not to make them  ;)

My first was buying life policies and endowment plans early in life. I have policies from NTUC, AIA, Prudential  GE Life etc ... that was my first mistake thinking that "forced" insurance premiums was a good way to save.  those were the days before blogging and the internet. We didn't know better.  Fortunately i didn't buy ILPs or at least didn't know about them/weren't sold those products by my agents.

As they say Buy-Term-Invest-The-Rest - this ought to be the mantra for young folks out there.  Get the cheapest term policies when you have dependents.  Use the difference saved to buy stocks and ETFs. 

My second mistake was buying unit trusts from UOB at 5% sales charge and setting up RSP plans for those funds at 3 - 5% sales charge.  :o ::) .... i eventually sold them and switched to using DBS platform at 0% sales charge until 2 years ago when DBS increased it to 0.82%.

Still unit trust/mutual funds are not a great way to invest because of the initial sales charge and recurring sales charge if you have an RSP in place.  These costs are on top of the management fees upwards of 1% the funds charge you yearly.

These are frictional losses you can avoid by buying ETFs directly on the London Stock Exchange (LSE) and SGX via SCB or IBKR advocated by Shinythings aka Joshua Gersh

The other takeaway from my unit trust fiasco is that consistent investment or dollar-cost-averaging (DCA) helps.  It is a discipline one must adopt in your financial journey.  So despite all the frictional losses from charges by the banks and fund managers, i still came up ahead because of RSP.  I could be way ahead if i had applied the same discipline to ETFs of course.

As an example my average cost over the years into First State Dividend Advantage is around $1.68 per unit, it is now at $1.77. And i have received dividends at a rate between 3.8% - 4% over the years.   Not bad as UT goes but it could have been better.

I have no doubt that if lse.vdpx or lse.idap ETFs were available back then and by investing the same amounts at the same intervals, i would have produced far superior returns than with the same efforts at First State DIVA.

I still have 200k worth of UTs. Kept them because of their dividends that help smooth out the months where no REIT dividends are paid.

Anyways, as far as your personal investment journey goes, it is important to get started and keep at it consistently.  Life is long gamma ....




« Last Edit: January 12, 2019, 09:33:33 am by beaverjuice »
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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #20 on: January 12, 2019, 11:17:02 am »
ask bbcwatcher or shinythings come here and help more ladies to get started on finances!

The Moneymind forum is a whole lot livelier than the moribund state of affairs here where mostly you have a tiko uncle posting salacious news right ?  ;) :P :-[

Why would they contribute here? ???
« Last Edit: January 13, 2019, 02:47:29 pm by beaverjuice »
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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #21 on: January 13, 2019, 02:56:56 pm »
archcherub who is probably someone here has cross-posted this thread on moneymind sparking another round of debate on direct property investment vs investment on REIT...  :P
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #22 on: January 13, 2019, 05:08:47 pm »
Some observations from the moneymind thread debate:

In the days of GFC, a number of S-REITs had CDO loans ie banks had a lien on those properties which made financing onerous.  That contagion risk, perceived or otherwise caused a sell-off.

These days most if not all S-REITs are financed with MTN or non-CDO loans ... sequence of events risk are different

Subtle but distinct difference.

PS:   i could finance my debt with perps as well and change the risk metrics for the shareholders too. Trickieeee .... trickieee ...
« Last Edit: January 13, 2019, 05:13:37 pm by beaverjuice »
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #23 on: January 13, 2019, 09:55:27 pm »
Obviously some big canon fairies with no skin in the game there on moneymind , highly opinionated ones at that .....  ::) ::) ::) .... like ervino ...

PS: archcherub ... i'm a  无名小卒
« Last Edit: January 13, 2019, 11:44:35 pm by beaverjuice »
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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dloreangel

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Re: Property or REITS? or Stocks Index ETF?
« Reply #24 on: January 13, 2019, 11:14:13 pm »
Still preparing war chest
Dunno when to start buying
Loving life here!

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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #25 on: January 13, 2019, 11:33:56 pm »
Still preparing war chest
Dunno when to start buying

You can start small.

Don't be hamstrung by inaction and sucked into analysis paralysis

Buyer's remorse might plague you but take comfort in the time horizon before you.
« Last Edit: January 13, 2019, 11:40:33 pm by beaverjuice »
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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #26 on: January 14, 2019, 10:44:38 am »
Speak of the devil!   :o 8)

https://www.businesstimes.com.sg/companies-markets/capitaland-to-buy-temasek-unit-ascendas-singbridge-in-s11b-deal

CapitaLand to buy Temasek unit Ascendas-Singbridge in S$11b deal

All my counters including REITs halted this morning

sgx.c31 - capitaland
sgx.A17U - ascendas REIT
sgx.Q1P - ascendas hospitality REIT
sgx.C38U - CMT
sgx.C61U - CCT
sgx.A68U - Ascott Hospitality Trust

Hope there is value creation here ....


Maybe i'll hoot 10 lots of sgx.es3 to tikum tikum ...
« Last Edit: January 15, 2019, 07:49:17 am by beaverjuice »
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jivamukti

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Re: Property or REITS? or Stocks Index ETF?
« Reply #27 on: January 17, 2019, 04:59:45 pm »
The Moneymind forum is a whole lot livelier than the moribund state of affairs here where mostly you have a tiko uncle posting salacious news right ?  ;) :P :-[

Why would they contribute here? ???

your knowledge on long term investment is commendable. you should write more stuff on financial stuff, retirement stuff, and family stuff instead of tiko stuff :)
write more in this sub board please, i think a lot of ladies will be thankful for your advice.

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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #28 on: January 17, 2019, 05:28:16 pm »
your knowledge on long term investment is commendable. you should write more stuff on financial stuff, retirement stuff, and family stuff instead of tiko stuff :)
write more in this sub board please, i think a lot of ladies will be thankful for your advice.

@jivamukti - ermmm .... what do you want me to write about? ???
I think it would be easier to ask me questions than for me to shoot in the dark :-X

in any case, my recommendations wouldn't be too far from Joshua Gersch aka Shinything's "Rich by Retirement" book  .... :P

every month put $1,000
hoot sgx:ES3 - 30% (can also replace with sgx:G3B if you are using POSB Investsaver Steady Pom Pi Pi)
whack lon:VWRD - 30% (can also replace with lon:VHYD)
onz sgx:MBH - 40% (can also replace with sgx:A35)

for specific stock picks, last time I was calling for people to buy sgx:C38U and sgx:N2IU but it is too late now.
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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beaverjuice

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Re: Property or REITS? or Stocks Index ETF?
« Reply #29 on: January 17, 2019, 07:00:31 pm »
Okay ... here is what NOT to invest in besides ILP and Endowments from Insurance companies.

https://forums.hardwarezone.com.sg/money-mind-210/need-help-unit-trust-investment-5773994.html

Paying dividends out of NAV is a scam by most fund managers.  You are paying yourself out of your own capital and getting creamed by the bank and fund managers. 

« Last Edit: January 17, 2019, 07:03:52 pm by beaverjuice »
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