Please change the title. There are people who use dividend strategy and it works well for them. Its really a cheap take on click bait.
@leenathayil20397 сағат бұрын
agree! :)
@thesingaporeaninvestorsg10 сағат бұрын
Saw the video, and agree with the arguments raised. Personally, I am invested in the 3 banks as well, which have a REIT-like yield. On how one should invest their monies, there’s really no one size fits all - there are 101 strategies available, and most importantly, one must be comfortable with his/her strategy, and at the same time, it allows him/her to accomplish their monetary goals. Cheers! 😊
@willieabc12 сағат бұрын
Gppd discussion. Do smell some gunpowder in the air.
@caseychin779512 сағат бұрын
Very good discussion. Buying REITs is the same as investing in a property, not only the yield is important, the appreciation of property value is more important, any negative property transaction will be impactful and detrimental. What kills a REITs is often the devaluation.
@junghwan563812 сағат бұрын
Love the discussion so much ❤❤!
@edgan112 сағат бұрын
I agree a lot more in Boon Tee's views. Thanks to him to speak the thoughts of my heart. I find the intrinsic value calculation is just a "masak masak" calculation. If you ask Elon Musk his Tesla intrinsic value, I don't think he can give a correct answer. In fact, no one can.
@BoonTee11 сағат бұрын
Thank you for your comment! DCF is still an exercise worth doing, it helps to crystalise our thinking and make an independent assessment on the valuation. But we just need to remind ourselves that the margin of error will be substantial, because it is very hard to precisely estimate the future growth rates and ultimate size of the market
@neutraluser401912 сағат бұрын
Invest in REITS and use the Dividend to invest into S&P500 or US growth stocks😅. Why must be one-sided ? 😂
@BoonTee11 сағат бұрын
Invest in both!
@radicalztheron168712 сағат бұрын
SG REITs as an asset class was born just pre-GFC as a way for property developers to recycle their capital and sell to retail investors their buildings at full valuation. It did well throughout the low interest rate environment but as a result, many SG investors lost sight that true wealth was being made from companies with intangibles (software and IP) rather than tangibles (land and buildings). Agree that REITs may not be great for a long time when bond yields are already so much higher.
@BoonTee12 сағат бұрын
very well said
@MrBluehorizonsugar10 сағат бұрын
But it’s a good time to accumulate more units
@andyho20598 сағат бұрын
Well said but yet I have some minor disagreement bcuz as wealth is made from intangibles, it translates to assets appreciation ie lands and buildings. As for the comparison of REITs to bond yields, it’s more of an interest rate cycle, which high rates benefits bondholders but a reverse in environment can benefit REITs from the woes of bonds. Basically it’s more of a choice between shorter term certainty vs longer term uncertainty profile.
@dwichiesa13 сағат бұрын
Lol everything is stupid. Just get snp500 etf done
@gomugomu448913 сағат бұрын
CK just summarized the call. “You are just taking the equity out.” My 偶像
@elginlow14 сағат бұрын
Good discussion
@bk732214 сағат бұрын
Conclusion, DCA ... Lol
@valval560616 сағат бұрын
The funny part I dun know why after watching the youtube . Instead you all help him to promote his book ... I feel buying SnP 500 better than follow him 😂😂
@thesingaporeaninvestorsg10 сағат бұрын
Just to clarify, whatever I shared is for educational purposes only. Of course, if you prefer to invest in the US market, that’s completely fine. Cheers! 😊
@REDREDStrawberry17 сағат бұрын
I rmb CK say something like looking into/ consider buying tsla around $140. Did you buy in ?
@BoonTee11 сағат бұрын
Let me ask him
@REDREDStrawberry3 сағат бұрын
@@BoonTeeplease ask him that on the next podcast. 😊
@ownthegame317 сағат бұрын
REITs are leveraged instruments and have little money for themselves as they distribute the bulk of the money to investors. It can be risky. We have to understand their financing side as well as the asset side. Can the latter continue to have high occupancy and keep raising rents? Have to do lots of due diligence It is not easy to analyse compared to some companies with good cash flows from a simple business.
@thesingaporeaninvestorsg10 сағат бұрын
Thank you for sharing your opinion. Yes, we need to do our own due diligence. As investors, I think its important we do not simply ignore the company after investing in it; rather, we should also take time to study their latest quarterly results to make sure the original reasons why we make the investment decision on it continues to remain valid.
@desmondlee580617 сағат бұрын
Is Michael Burry shorting the market again?😂 The title of the topic might offend alot of people. Different people have their own preferences and risk on investing, nothing is wrong and nothing is stupid by the way
@KeithTan30818 сағат бұрын
Every Financial Product has different needs and appeal. I invest in USA stocks like Tesla. But 70% in SG (3 banks and Tbills ). Let me say I sleep well at night compared to my friends who invest in US stocks like Mag 7. Reason: We are retiring soon. Our risk appetite is not as high. While you guys may have run-way to survive a NASDAQ/SNP500 crash, people my age may have to go drive taxi or depends on children if the US market tanks.
@BoonTee12 сағат бұрын
I invest in Mag 6 (exclude Meta) but I still sleep very well at night 😂
@leenathayil20397 сағат бұрын
@@BoonTee - that's because you are young and have a long runway to retirement.
@BoonTee44 минут бұрын
@@leenathayil2039 I would like to think so 🤗
@neojinchuan19 сағат бұрын
thanks for the video
@andyho205920 сағат бұрын
I would say US is expensive but not overvalued bcuz as global economies recover from previous inflation crisis, companies can continue to do well, and they can get cheaper despite higher share price. But I hope we can see more market broadening as I feel value investing is dying, investors are getting punished for being knowledgeable and picking undervalued stocks bcuz today market is becoming more of momentum investing and indexing. Everyone are crowding into the same stocks. I dun expect a drop, more like a rotation as wat we saw with TSLA. A modest good delivery numbers got the stock pumping almost 50% in 2-3 wks bcuz market kinda running out of stocks to pump even higher. 1 risk I see for M7 is a Trump election. Not saying Trump as president is bad for stocks, it’s just headwinds on the mega caps. - Trade tensions, I believe Trump will impose more tariffs on China, try to get Europe to contribute more money towards NATO etc. When there’s trade tensions, mega caps having global business exposure will see some uncertainty from counter measures against US. - Previous presidential term, we do see Trump trying to get mega caps like AAPL etc to bring their cash overseas back to the US. I do see the mega caps getting more politic influence issues. - Particular to NVDA, biggest risk I feel is a very restrictive policy towards business to China due to cyber security and technology advancement under a Trump regime. NVDA faced some issues Nov 2023 and they made some changes to the products for China orders, but I not sure whether a Trump regime will be as smooth. Just add some uncertainty there. But not all is bad, bcuz Trump subtlety mentioned he will end the Russia Ukraine war even before he takes office if he is elected during the Presidential debate. Just a long 2 cents. Good luck to all 🎉
@BoonTee11 сағат бұрын
Good stuff
@thealchemistinsearch20 сағат бұрын
CK is luckiest one among you all, so you and time is on his side, just invest, doesn’t matter ATH or ATL, let the compounding do its magic. S&P can go to extreme Euphoria once again, we are not even close. The sign says it all, most of you say it’s overvalued, many commentators a says too, that’s a sign that it has more leg to run. History repeats again..maybe..somebody was asking what’s my portfolio size and holdings, 7 figures, now 35% cash , rest in techs, Meta, pltr, goog, tsla, sofi, LuLu - in the weightage order.
@andyho205919 сағат бұрын
BagholderPod pls invite this guy onto the channel 🎉
@stevenyip263120 сағат бұрын
It seems to me that we often place great emphasis on past performance of a company before we decide to invest in it. Perhaps we need to place greater focus on understanding its future performance, competitive landscape and other risk factors. The past does not guarantee the future.
@thesingaporeaninvestorsg10 сағат бұрын
Agree with you, the past doesn’t guarantee the future. Every company have their fair share of pros and cons - as much we want to invest in it for their pros, but we must also make sure we keep an eye on the cons as well - particularly, what a company’s management have in place to navigate through the headwinds. Not only that, as investors, the onus is on us to keep abreast with the latest developments (such as through studying their latest quarterly results as and when they are released) to make sure it continues to remain fundamentally sound, and in terms of some of the headwinds, the management is taking concrete steps to address.
@andyho205920 сағат бұрын
With regards to the theory of drawing down retirement funds as opposed to dividend, wats everyone’s view on example 4,000 shares of TSLA total $1m and need to draw $50k yearly, compared to receiving $50k dividend. I just wan to ask psychologically, selling 200 shares yearly, maybe lesser when price goes up and more when price drops, in practise, does the 4% rule stresses u when u kept seeing the total number of shares dropping yearly even if the total value might be higher in comparison? When comparing between local banks and REITs, I dun quite agree when rates fall, banks will not do as well, bcuz if I were to look at period between 2009-2014, DBS price went from $7 to $18 while REITs on average also about doubled in price with slightly better yields. Every cycle is different, but imo banks have more flexibility to look into strategies to navigate different market environments while REITs tend to be constrained having to pay 90% out as dividend and possibly raising rights issue.
@KeithTan30818 сағат бұрын
Most of us into SG Banks are getting dividend in excess of 5% as we have built up our position over the years where banks were cheaper. Even if banks roll back the dividend by 50%, we are not happy but are ok. We trust the MAS and the Lee (OCBC) and Wee (UOB) family to ensure the banks pay are well regulated. You need certainty during your retirement years. Not everyone is a Adam Khoo / Mr Loo with multi-source of income.
@BoonTee12 сағат бұрын
On your first question, if the share price drop sharply and you sell more shares to get the same amount of payout, you might exhaust the entire holding in short few years, and subsequently even if the share price moon you don't get to enjoy. This is the risk of drawing cash flow from risk assets, particularly true for single stock or concentrated portfolio
@andyho20599 сағат бұрын
@@BoonTee 👍🏼 So my point is questioning on the execution based on tis theory of 4% drawdown on investment portfolio. Bcuz in practice, it’s a lot more complicated compared to dividend play tat majority of ppl won’t be able to manage. Just wan to point out the challenge for ppl who are thinking of going the drawdown route.
@carnesir20 сағат бұрын
Growth stock is for people who wants big growth and are young to wait it out. ie kevin. Naturally he also suffer the consequences of it. Just look at his Tesla portfolio the past year. Dividend stock is for boomers who wan predictability of dividend with a tangible asset backing the cash flows. All have their merits. As a middle age working class myself, I have both. 40% growth, 40% dividend play, 20% bonds
@DannielleRosales21 сағат бұрын
Fantastic video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
@rayne536819 сағат бұрын
Lolx.. how to be a multimillionaire by trading? You can lose all your money. But then again, please enlighten me further.
@BoonTee11 сағат бұрын
Who are you referring to?
@rayne536821 сағат бұрын
I think there is no right or wrong answer. Just keep investing and do not stop, whether it is for growth or for dividends. Lessons learnt along the way. If one is poorer, should adopt a higher margin of safety. Those who are richer can afford to buy at a higher price and be more aggressive in capturing more assets that are out of reach of lower net worth investors. That is why there is a segregation between HNW and normal retail investors. HNW can do more risky stuffs like aggressive takeovers before the normal retail investors come in. I am the normal type of retail investor, so I will try to have more margin of safety before investing. It is slow process of wealth accumulaton but it is fine. I will think twice if I want to invest into a bubble. If it pops, I will die first before they die. Do not have so much capital to spare. I think we all have a role to play in the market. But just be careful in playing the market.
@BoonTee11 сағат бұрын
Slow and steady is the way!
@leenathayil203921 сағат бұрын
Please change your video title to be more respectful of older people who are investing in dividend stocks. Please mention that the stupidity of divided stock is for people below 50 because you are offending older people who are investing in dividend stock to preserve their wealth. Also, think about your diverse audiences who are watching your video. Be mindful and respectful.
@Xamael66620 сағат бұрын
Exactly!! Especially coming from the guy who all in China stocks 🤣
@KC-ir9iw20 сағат бұрын
KZreadr‘earning are measured by the no of views. Hence they tend to sensationalize their title to focus on their earning rather than maintaining their conscience even if the title discriminate others
@rayne536819 сағат бұрын
Yup, maybe change the video title to "Why dividend investing is concerning"
@Smallgyucow19 сағат бұрын
Kelvin started with dividend investing, since his pivot to chasing tesla he has been bashing on dividend stocks..
@andyho205919 сағат бұрын
U need to chill, they are not saying dividend investing sucks, the title is a question mark and exclamation mark hinting tats the common consensus of ppl they interacted with. Thru the entire vid, they didn’t insult ppl who are investing in REITs or other dividend plays 😅
@derrickcsh21 сағат бұрын
I agree with Boon Tee, just looking at the price chart will think the MAG 7 is super overvalue. The growth still increasing for the MAG 7, the PE comparing to the growth I also think it is not a bubble stage. I believe in DCA for the strong companies weekly or monthly, if there is a pull back to those stocks we can double down on the DCA. Constant buying !
@BoonTee11 сағат бұрын
Discipline execution is key to success. At the same time need to be emotionally prepared for volatility. Most precious resources is time and patience
@money3ss21 сағат бұрын
Same title a year ago kzread.info/dash/bejne/n6t2ppeGoKrRXcY.htmlsi=ciz5_pY90T7bRlsr
@DannielleRosales21 сағат бұрын
Fantastic video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
@NianLisa21 сағат бұрын
bitcoin does not pay any yield but will reward you with growth that you can't find in any other asset class
@jeffbox1torres21 сағат бұрын
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
@MavenSly-hv4yk21 сағат бұрын
The key is diversification. Personally, I delegate my investing to an advisor, cos my job doesn't permit the time to perform market analysis myself. Thankfully, my once ago stagnant portfolio has now 5X in barely 4 years, summing up almost 7 figure as of today.
@arloc2421 сағат бұрын
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here
@BestoFornitero21 сағат бұрын
This is interesting. I heard a lot about the same person not long ago, please how can I contact her?
@valuabletips56021 сағат бұрын
It depends on the finance laws and other fees of the country you are living in, if theres no tax on dividend and capital, then in theory both capital gains and dividends are the same. If theres broker charges like commissions and platform fees then maybe dividends has a slight edge since whenever you buy and sell, your broker profits but dividend given to you wont be charged a commission
@SGMaleKaren-si3gw22 сағат бұрын
SG ppl say "meh-cro", Malaysian ppl say "mah-cro".
@BoonTee11 сағат бұрын
LOL
@goheechoo22 сағат бұрын
AK is into dividend investing, this guy is brilliant. He is into banks now.
@money3ss21 сағат бұрын
Agree. 😂Opening Expression like I Quadrant
@livedtea436323 сағат бұрын
reits is an exit plan for building owner . Sell bit by bit.
@learninvestearnsaveКүн бұрын
Second 😊
@lewispeh208Күн бұрын
Ha. I like this follow up. Commuting to work
@dailynewslateshowetc9694Күн бұрын
The singapore money market is flush with cash, banks are chasing mortgages between 3% to 3.5%. Mortgage demand drop sharply due to lower property sales. Without MAS support, rates in Singapore will soften alot more. Fed is behind the curve, the first cut will be in Sep but Citi is pedicting a domino of further cuts. As for reits, mpact is more likely to bounce strongly due to its midsize, resilence of its retail properties
@thesingaporeaninvestorsg10 сағат бұрын
Many thanks for sharing your thoughts there. I sure hope MPACT will rebound (and it will likely happen when there’s a clearer signal from the US Fed on when the first rate cut will take place), but personally, a bigger catalyst for the REITwill be a further recovery from Festival Walk, and improving occupancy profile + rental reversion from its 2 office properties in China.
@user-er7xk6ux2mКүн бұрын
Alamak😂
@hgft274Күн бұрын
EC World Reit is an absolute write-off. They have no fundamentals or financials to speak of and very dubious management
@REDREDStrawberryКүн бұрын
This guy got similar vibes to MasterLeong.
@thesingaporeaninvestorsgКүн бұрын
Haha! I take it as a compliment, because he is a friend of mine - and when I started learning the ropes about investing back in the early 2018-2019 days, he was one of the very first I met on InvestingNote, and I learned a lot from all his generous sharing everyday. :)
@CyChong-vm2ufКүн бұрын
I thought he sounded like AK71 (except talk faster) and his port looks similar
@hgft274Күн бұрын
oh the lose his pants on BaBa guy
@thesingaporeaninvestorsgКүн бұрын
@@CyChong-vm2uf Haha, thank you. I’ve got so, so much to learn from him…
@LongtermalwayswinsКүн бұрын
@@hgft274😂😂
@valuabletips560Күн бұрын
Looking forward to second part of the podcast!
@thesingaporeaninvestorsgКүн бұрын
Thank you for the support. There's only one part to this podcast. :)
@valuabletips560Күн бұрын
@@thesingaporeaninvestorsg hmm I remembered someone said something about a second part near the end of this podcast though
@thesingaporeaninvestorsgКүн бұрын
@@valuabletips560 I'm open to further collabs and share more if there's an opportunity to do so... :)
@andyho2059Күн бұрын
From the sharing, I wonder is it bcuz none of the hosts have trading experience or JY feels tat going more in-depth and technicals is too much for audience. No offense but I feel if it’s an expertise sharing, JY shud lead the conversations more bcuz the hosts might not know wat they dunno. For example, I dun know even know wat kind of trader is he. Day trader? Swing trader? Momentum trader? Etc… By right there’s unique characteristics for different groups, but after hearing his views, I still cannot figure out which 1 he belongs to.
@BoonTeeКүн бұрын
I think this is by intention, because our focus is not so much on trading. We are interviewing the "investment" side of Jun Yuan's
@andyho2059Күн бұрын
@@BoonTee Understand, probably the title full time investor messed up my expectation.
@BoonTeeКүн бұрын
@@andyho2059 Yes Jun Yuan is indeed full time investor. In the conversation he shared that the long term dividend portfolio is important to provide cash flows to support his expenses, while the trading results is more volatile, cannot expect to have positive returns consistently
@andyho2059Күн бұрын
@@BoonTee I know wat u mean, but as audience not knowing him, I was thinking he’s full time investor, without any other income from from his website etc. Good episode nonetheless. 1. But as someone who’s not invested in REITs, maybe can ask like wats his best counters against allocating into the 3 local banks for dividend play instead of REITs for maybe couple more % and aside from diversification. Some ppl will say diversification is for ppl who dunno wat they are doing, example ppl invested in M7 likely won’t ’diversify’ into small caps? Just an exaggerated analogy. 2. Whether he feels there’s macro fundamental differences in today’s REITs environment compared to 10-20 years ago besides interest rates. 3. On the note tat US market looks top, US market hits ATH 16 times on average per year, so it’s true tat every crash happens from a top, but not every top will result in a crash. Is it a sustainable strategy to try and predict for a drop before buying?
@BoonTeeКүн бұрын
@@andyho2059 Thank you for your suggestions!
@thealchemistinsearchКүн бұрын
Mr. JY is abit clueless tbh. He needs to watch more Adam Khoo
@thesingaporeaninvestorsgКүн бұрын
Thank you for the feedback. While sharing, I'm also learning myself to improve...
@thealchemistinsearchКүн бұрын
@@thesingaporeaninvestorsg , best of luck. But agree on the point that US markets are toppy..but it can remain toppy for quite sometime. Someone said, yesterday was the best time to invest.
@BoonTeeКүн бұрын
If you think you are better than Jun Yuan, let's come to the Pod! We would love to interview guest that is not content creator, especially those who think they are not clueless 😂
@thealchemistinsearchКүн бұрын
@@BoonTee i am not sure if i am better than him. But my returns are for sure. My point was, he sounded not sure about what he wants out his investment. He talks about waiting for 3 years and 5 years or even more to see return from Reits. US reits stocks have done better than singapore reits if we take last 5 years and maybe he got it wrong once or twice but correcting the mistake might be what investors should do. I wish his reits recover soon and agree they seems to be on a lowest point now. By the way, i wish to come on to the pod but would like to remain anonymous for now. But dobt mind catching over a coffee for sure :)
@thealchemistinsearchКүн бұрын
@JY - best of luck and i am sure your reits will recover but betting against US market or nvr participating in can be a huge risk. All the best!
@thesingaporeaninvestorsgКүн бұрын
An honour to be invited to the BagHolder Pod channel (a big thank you to the team for it!), and I thoroughly enjoyed the sharing session. Hope your channel subscribers will find content useful. Cheers! :)
@BoonTeeКүн бұрын
Thanks Jun Yuan for coming on to the Pod
@thesingaporeaninvestorsgКүн бұрын
Many thanks for the invite there, bro! :)
@2am_k4 күн бұрын
Kiri's approach does not consider all expect of the company and just mostly on PE values. Def not my kind of approach. I hold BABA but for so many other reasons. But then again, going all in when it is just 40k is totally okay versus a 200k portfolio.
@lvlaTr1X7 күн бұрын
With the prosperity of Singapore, people are more educated and are increasingly self-interested. The original purpose of providing subsidized housing to ensure all Singaporeans have a roof over their head seems to have changed. Back in the 80s, people didn't prioritize prime locations or proximity to certain schools when it came to finding housing. They were content with what they were given. Also, in terms of starting a family, they didn't necessarily consider their earnings. For instance, my dad, as the sole breadwinner for our family of 6, was only taking home 3k. Raising a child was definitely not easy, but it was seen more as a personal choice rather than something pegged to income. However, in our current generation, such decisions are often driven more by self-interest and income considerations. Nowadays, it seems that HDB BTO flats have become a stepping stone for the current generation to leverage and profit from every 5 years, rather than serving their original purpose.
@johntan86819 күн бұрын
I really think Eric is a boy because he think too beautifully of US. I had lose all my previous investment in 2008 economy crisis in LB. US created the bubble and we ae the one got burn through our pockets
@johntan86819 күн бұрын
Bank lending out 10x is totally unacceptable in dire situation especially US is having a trade war with china. Taking precaution to reduce the bubble is a necessary move to safe guard china national interest. Xi crack down on these company has short term damage but it set the transparency for all future underlying which is good for the long term. Our late PM LKY rooted corruption back then which causes many dispute but it set the transparency for Singapore healthy development. I was a Tesla Bull but i sold all my TSLA and went all in Alibaba 9988 HK because Elon quote " FSD coming Next Year " (since 2017) has stuck at Level 2 till now + the bad performance results from Tesla automobile. 10% Tesla FSD will make it and 90% Alibala will recover to above $200 in the next 5 years that is my personal opinion. You have have your own opinion.
Пікірлер
The only stup thing in here is u.
38:10
Please change the title. There are people who use dividend strategy and it works well for them. Its really a cheap take on click bait.
agree! :)
Saw the video, and agree with the arguments raised. Personally, I am invested in the 3 banks as well, which have a REIT-like yield. On how one should invest their monies, there’s really no one size fits all - there are 101 strategies available, and most importantly, one must be comfortable with his/her strategy, and at the same time, it allows him/her to accomplish their monetary goals. Cheers! 😊
Gppd discussion. Do smell some gunpowder in the air.
Very good discussion. Buying REITs is the same as investing in a property, not only the yield is important, the appreciation of property value is more important, any negative property transaction will be impactful and detrimental. What kills a REITs is often the devaluation.
Love the discussion so much ❤❤!
I agree a lot more in Boon Tee's views. Thanks to him to speak the thoughts of my heart. I find the intrinsic value calculation is just a "masak masak" calculation. If you ask Elon Musk his Tesla intrinsic value, I don't think he can give a correct answer. In fact, no one can.
Thank you for your comment! DCF is still an exercise worth doing, it helps to crystalise our thinking and make an independent assessment on the valuation. But we just need to remind ourselves that the margin of error will be substantial, because it is very hard to precisely estimate the future growth rates and ultimate size of the market
Invest in REITS and use the Dividend to invest into S&P500 or US growth stocks😅. Why must be one-sided ? 😂
Invest in both!
SG REITs as an asset class was born just pre-GFC as a way for property developers to recycle their capital and sell to retail investors their buildings at full valuation. It did well throughout the low interest rate environment but as a result, many SG investors lost sight that true wealth was being made from companies with intangibles (software and IP) rather than tangibles (land and buildings). Agree that REITs may not be great for a long time when bond yields are already so much higher.
very well said
But it’s a good time to accumulate more units
Well said but yet I have some minor disagreement bcuz as wealth is made from intangibles, it translates to assets appreciation ie lands and buildings. As for the comparison of REITs to bond yields, it’s more of an interest rate cycle, which high rates benefits bondholders but a reverse in environment can benefit REITs from the woes of bonds. Basically it’s more of a choice between shorter term certainty vs longer term uncertainty profile.
Lol everything is stupid. Just get snp500 etf done
CK just summarized the call. “You are just taking the equity out.” My 偶像
Good discussion
Conclusion, DCA ... Lol
The funny part I dun know why after watching the youtube . Instead you all help him to promote his book ... I feel buying SnP 500 better than follow him 😂😂
Just to clarify, whatever I shared is for educational purposes only. Of course, if you prefer to invest in the US market, that’s completely fine. Cheers! 😊
I rmb CK say something like looking into/ consider buying tsla around $140. Did you buy in ?
Let me ask him
@@BoonTeeplease ask him that on the next podcast. 😊
REITs are leveraged instruments and have little money for themselves as they distribute the bulk of the money to investors. It can be risky. We have to understand their financing side as well as the asset side. Can the latter continue to have high occupancy and keep raising rents? Have to do lots of due diligence It is not easy to analyse compared to some companies with good cash flows from a simple business.
Thank you for sharing your opinion. Yes, we need to do our own due diligence. As investors, I think its important we do not simply ignore the company after investing in it; rather, we should also take time to study their latest quarterly results to make sure the original reasons why we make the investment decision on it continues to remain valid.
Is Michael Burry shorting the market again?😂 The title of the topic might offend alot of people. Different people have their own preferences and risk on investing, nothing is wrong and nothing is stupid by the way
Every Financial Product has different needs and appeal. I invest in USA stocks like Tesla. But 70% in SG (3 banks and Tbills ). Let me say I sleep well at night compared to my friends who invest in US stocks like Mag 7. Reason: We are retiring soon. Our risk appetite is not as high. While you guys may have run-way to survive a NASDAQ/SNP500 crash, people my age may have to go drive taxi or depends on children if the US market tanks.
I invest in Mag 6 (exclude Meta) but I still sleep very well at night 😂
@@BoonTee - that's because you are young and have a long runway to retirement.
@@leenathayil2039 I would like to think so 🤗
thanks for the video
I would say US is expensive but not overvalued bcuz as global economies recover from previous inflation crisis, companies can continue to do well, and they can get cheaper despite higher share price. But I hope we can see more market broadening as I feel value investing is dying, investors are getting punished for being knowledgeable and picking undervalued stocks bcuz today market is becoming more of momentum investing and indexing. Everyone are crowding into the same stocks. I dun expect a drop, more like a rotation as wat we saw with TSLA. A modest good delivery numbers got the stock pumping almost 50% in 2-3 wks bcuz market kinda running out of stocks to pump even higher. 1 risk I see for M7 is a Trump election. Not saying Trump as president is bad for stocks, it’s just headwinds on the mega caps. - Trade tensions, I believe Trump will impose more tariffs on China, try to get Europe to contribute more money towards NATO etc. When there’s trade tensions, mega caps having global business exposure will see some uncertainty from counter measures against US. - Previous presidential term, we do see Trump trying to get mega caps like AAPL etc to bring their cash overseas back to the US. I do see the mega caps getting more politic influence issues. - Particular to NVDA, biggest risk I feel is a very restrictive policy towards business to China due to cyber security and technology advancement under a Trump regime. NVDA faced some issues Nov 2023 and they made some changes to the products for China orders, but I not sure whether a Trump regime will be as smooth. Just add some uncertainty there. But not all is bad, bcuz Trump subtlety mentioned he will end the Russia Ukraine war even before he takes office if he is elected during the Presidential debate. Just a long 2 cents. Good luck to all 🎉
Good stuff
CK is luckiest one among you all, so you and time is on his side, just invest, doesn’t matter ATH or ATL, let the compounding do its magic. S&P can go to extreme Euphoria once again, we are not even close. The sign says it all, most of you say it’s overvalued, many commentators a says too, that’s a sign that it has more leg to run. History repeats again..maybe..somebody was asking what’s my portfolio size and holdings, 7 figures, now 35% cash , rest in techs, Meta, pltr, goog, tsla, sofi, LuLu - in the weightage order.
BagholderPod pls invite this guy onto the channel 🎉
It seems to me that we often place great emphasis on past performance of a company before we decide to invest in it. Perhaps we need to place greater focus on understanding its future performance, competitive landscape and other risk factors. The past does not guarantee the future.
Agree with you, the past doesn’t guarantee the future. Every company have their fair share of pros and cons - as much we want to invest in it for their pros, but we must also make sure we keep an eye on the cons as well - particularly, what a company’s management have in place to navigate through the headwinds. Not only that, as investors, the onus is on us to keep abreast with the latest developments (such as through studying their latest quarterly results as and when they are released) to make sure it continues to remain fundamentally sound, and in terms of some of the headwinds, the management is taking concrete steps to address.
With regards to the theory of drawing down retirement funds as opposed to dividend, wats everyone’s view on example 4,000 shares of TSLA total $1m and need to draw $50k yearly, compared to receiving $50k dividend. I just wan to ask psychologically, selling 200 shares yearly, maybe lesser when price goes up and more when price drops, in practise, does the 4% rule stresses u when u kept seeing the total number of shares dropping yearly even if the total value might be higher in comparison? When comparing between local banks and REITs, I dun quite agree when rates fall, banks will not do as well, bcuz if I were to look at period between 2009-2014, DBS price went from $7 to $18 while REITs on average also about doubled in price with slightly better yields. Every cycle is different, but imo banks have more flexibility to look into strategies to navigate different market environments while REITs tend to be constrained having to pay 90% out as dividend and possibly raising rights issue.
Most of us into SG Banks are getting dividend in excess of 5% as we have built up our position over the years where banks were cheaper. Even if banks roll back the dividend by 50%, we are not happy but are ok. We trust the MAS and the Lee (OCBC) and Wee (UOB) family to ensure the banks pay are well regulated. You need certainty during your retirement years. Not everyone is a Adam Khoo / Mr Loo with multi-source of income.
On your first question, if the share price drop sharply and you sell more shares to get the same amount of payout, you might exhaust the entire holding in short few years, and subsequently even if the share price moon you don't get to enjoy. This is the risk of drawing cash flow from risk assets, particularly true for single stock or concentrated portfolio
@@BoonTee 👍🏼 So my point is questioning on the execution based on tis theory of 4% drawdown on investment portfolio. Bcuz in practice, it’s a lot more complicated compared to dividend play tat majority of ppl won’t be able to manage. Just wan to point out the challenge for ppl who are thinking of going the drawdown route.
Growth stock is for people who wants big growth and are young to wait it out. ie kevin. Naturally he also suffer the consequences of it. Just look at his Tesla portfolio the past year. Dividend stock is for boomers who wan predictability of dividend with a tangible asset backing the cash flows. All have their merits. As a middle age working class myself, I have both. 40% growth, 40% dividend play, 20% bonds
Fantastic video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Lolx.. how to be a multimillionaire by trading? You can lose all your money. But then again, please enlighten me further.
Who are you referring to?
I think there is no right or wrong answer. Just keep investing and do not stop, whether it is for growth or for dividends. Lessons learnt along the way. If one is poorer, should adopt a higher margin of safety. Those who are richer can afford to buy at a higher price and be more aggressive in capturing more assets that are out of reach of lower net worth investors. That is why there is a segregation between HNW and normal retail investors. HNW can do more risky stuffs like aggressive takeovers before the normal retail investors come in. I am the normal type of retail investor, so I will try to have more margin of safety before investing. It is slow process of wealth accumulaton but it is fine. I will think twice if I want to invest into a bubble. If it pops, I will die first before they die. Do not have so much capital to spare. I think we all have a role to play in the market. But just be careful in playing the market.
Slow and steady is the way!
Please change your video title to be more respectful of older people who are investing in dividend stocks. Please mention that the stupidity of divided stock is for people below 50 because you are offending older people who are investing in dividend stock to preserve their wealth. Also, think about your diverse audiences who are watching your video. Be mindful and respectful.
Exactly!! Especially coming from the guy who all in China stocks 🤣
KZreadr‘earning are measured by the no of views. Hence they tend to sensationalize their title to focus on their earning rather than maintaining their conscience even if the title discriminate others
Yup, maybe change the video title to "Why dividend investing is concerning"
Kelvin started with dividend investing, since his pivot to chasing tesla he has been bashing on dividend stocks..
U need to chill, they are not saying dividend investing sucks, the title is a question mark and exclamation mark hinting tats the common consensus of ppl they interacted with. Thru the entire vid, they didn’t insult ppl who are investing in REITs or other dividend plays 😅
I agree with Boon Tee, just looking at the price chart will think the MAG 7 is super overvalue. The growth still increasing for the MAG 7, the PE comparing to the growth I also think it is not a bubble stage. I believe in DCA for the strong companies weekly or monthly, if there is a pull back to those stocks we can double down on the DCA. Constant buying !
Discipline execution is key to success. At the same time need to be emotionally prepared for volatility. Most precious resources is time and patience
Same title a year ago kzread.info/dash/bejne/n6t2ppeGoKrRXcY.htmlsi=ciz5_pY90T7bRlsr
Fantastic video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
bitcoin does not pay any yield but will reward you with growth that you can't find in any other asset class
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
The key is diversification. Personally, I delegate my investing to an advisor, cos my job doesn't permit the time to perform market analysis myself. Thankfully, my once ago stagnant portfolio has now 5X in barely 4 years, summing up almost 7 figure as of today.
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here
This is interesting. I heard a lot about the same person not long ago, please how can I contact her?
It depends on the finance laws and other fees of the country you are living in, if theres no tax on dividend and capital, then in theory both capital gains and dividends are the same. If theres broker charges like commissions and platform fees then maybe dividends has a slight edge since whenever you buy and sell, your broker profits but dividend given to you wont be charged a commission
SG ppl say "meh-cro", Malaysian ppl say "mah-cro".
LOL
AK is into dividend investing, this guy is brilliant. He is into banks now.
Agree. 😂Opening Expression like I Quadrant
reits is an exit plan for building owner . Sell bit by bit.
Second 😊
Ha. I like this follow up. Commuting to work
The singapore money market is flush with cash, banks are chasing mortgages between 3% to 3.5%. Mortgage demand drop sharply due to lower property sales. Without MAS support, rates in Singapore will soften alot more. Fed is behind the curve, the first cut will be in Sep but Citi is pedicting a domino of further cuts. As for reits, mpact is more likely to bounce strongly due to its midsize, resilence of its retail properties
Many thanks for sharing your thoughts there. I sure hope MPACT will rebound (and it will likely happen when there’s a clearer signal from the US Fed on when the first rate cut will take place), but personally, a bigger catalyst for the REITwill be a further recovery from Festival Walk, and improving occupancy profile + rental reversion from its 2 office properties in China.
Alamak😂
EC World Reit is an absolute write-off. They have no fundamentals or financials to speak of and very dubious management
This guy got similar vibes to MasterLeong.
Haha! I take it as a compliment, because he is a friend of mine - and when I started learning the ropes about investing back in the early 2018-2019 days, he was one of the very first I met on InvestingNote, and I learned a lot from all his generous sharing everyday. :)
I thought he sounded like AK71 (except talk faster) and his port looks similar
oh the lose his pants on BaBa guy
@@CyChong-vm2uf Haha, thank you. I’ve got so, so much to learn from him…
@@hgft274😂😂
Looking forward to second part of the podcast!
Thank you for the support. There's only one part to this podcast. :)
@@thesingaporeaninvestorsg hmm I remembered someone said something about a second part near the end of this podcast though
@@valuabletips560 I'm open to further collabs and share more if there's an opportunity to do so... :)
From the sharing, I wonder is it bcuz none of the hosts have trading experience or JY feels tat going more in-depth and technicals is too much for audience. No offense but I feel if it’s an expertise sharing, JY shud lead the conversations more bcuz the hosts might not know wat they dunno. For example, I dun know even know wat kind of trader is he. Day trader? Swing trader? Momentum trader? Etc… By right there’s unique characteristics for different groups, but after hearing his views, I still cannot figure out which 1 he belongs to.
I think this is by intention, because our focus is not so much on trading. We are interviewing the "investment" side of Jun Yuan's
@@BoonTee Understand, probably the title full time investor messed up my expectation.
@@andyho2059 Yes Jun Yuan is indeed full time investor. In the conversation he shared that the long term dividend portfolio is important to provide cash flows to support his expenses, while the trading results is more volatile, cannot expect to have positive returns consistently
@@BoonTee I know wat u mean, but as audience not knowing him, I was thinking he’s full time investor, without any other income from from his website etc. Good episode nonetheless. 1. But as someone who’s not invested in REITs, maybe can ask like wats his best counters against allocating into the 3 local banks for dividend play instead of REITs for maybe couple more % and aside from diversification. Some ppl will say diversification is for ppl who dunno wat they are doing, example ppl invested in M7 likely won’t ’diversify’ into small caps? Just an exaggerated analogy. 2. Whether he feels there’s macro fundamental differences in today’s REITs environment compared to 10-20 years ago besides interest rates. 3. On the note tat US market looks top, US market hits ATH 16 times on average per year, so it’s true tat every crash happens from a top, but not every top will result in a crash. Is it a sustainable strategy to try and predict for a drop before buying?
@@andyho2059 Thank you for your suggestions!
Mr. JY is abit clueless tbh. He needs to watch more Adam Khoo
Thank you for the feedback. While sharing, I'm also learning myself to improve...
@@thesingaporeaninvestorsg , best of luck. But agree on the point that US markets are toppy..but it can remain toppy for quite sometime. Someone said, yesterday was the best time to invest.
If you think you are better than Jun Yuan, let's come to the Pod! We would love to interview guest that is not content creator, especially those who think they are not clueless 😂
@@BoonTee i am not sure if i am better than him. But my returns are for sure. My point was, he sounded not sure about what he wants out his investment. He talks about waiting for 3 years and 5 years or even more to see return from Reits. US reits stocks have done better than singapore reits if we take last 5 years and maybe he got it wrong once or twice but correcting the mistake might be what investors should do. I wish his reits recover soon and agree they seems to be on a lowest point now. By the way, i wish to come on to the pod but would like to remain anonymous for now. But dobt mind catching over a coffee for sure :)
@JY - best of luck and i am sure your reits will recover but betting against US market or nvr participating in can be a huge risk. All the best!
An honour to be invited to the BagHolder Pod channel (a big thank you to the team for it!), and I thoroughly enjoyed the sharing session. Hope your channel subscribers will find content useful. Cheers! :)
Thanks Jun Yuan for coming on to the Pod
Many thanks for the invite there, bro! :)
Kiri's approach does not consider all expect of the company and just mostly on PE values. Def not my kind of approach. I hold BABA but for so many other reasons. But then again, going all in when it is just 40k is totally okay versus a 200k portfolio.
With the prosperity of Singapore, people are more educated and are increasingly self-interested. The original purpose of providing subsidized housing to ensure all Singaporeans have a roof over their head seems to have changed. Back in the 80s, people didn't prioritize prime locations or proximity to certain schools when it came to finding housing. They were content with what they were given. Also, in terms of starting a family, they didn't necessarily consider their earnings. For instance, my dad, as the sole breadwinner for our family of 6, was only taking home 3k. Raising a child was definitely not easy, but it was seen more as a personal choice rather than something pegged to income. However, in our current generation, such decisions are often driven more by self-interest and income considerations. Nowadays, it seems that HDB BTO flats have become a stepping stone for the current generation to leverage and profit from every 5 years, rather than serving their original purpose.
I really think Eric is a boy because he think too beautifully of US. I had lose all my previous investment in 2008 economy crisis in LB. US created the bubble and we ae the one got burn through our pockets
Bank lending out 10x is totally unacceptable in dire situation especially US is having a trade war with china. Taking precaution to reduce the bubble is a necessary move to safe guard china national interest. Xi crack down on these company has short term damage but it set the transparency for all future underlying which is good for the long term. Our late PM LKY rooted corruption back then which causes many dispute but it set the transparency for Singapore healthy development. I was a Tesla Bull but i sold all my TSLA and went all in Alibaba 9988 HK because Elon quote " FSD coming Next Year " (since 2017) has stuck at Level 2 till now + the bad performance results from Tesla automobile. 10% Tesla FSD will make it and 90% Alibala will recover to above $200 in the next 5 years that is my personal opinion. You have have your own opinion.