For those of you who have actual investing experience with unit trusts, and I mean 5 to 10 or more years worth of personal track record, there are 2 main reasons why you lost money.
See if you can identify with them.
Why STI ETF?
Shy right? Especially if currently you own the STI ETF. (Don’t worry, what you feeling now is called Cognitive Dissonance. Won’t die one)
Bottom-up Country Picking
Singapore in the 70s and 80s was growing its GDP in double digits or high single digits. Do you think as a developed economy now, Singapore will …read more
By Yen Yee Most equity or fixed-income portfolios would usually contain REITs. They are often seen as a good tool to spread your risk and increase the potential returns of your investments. REITs offer the advantage of generating dividend income, as well as capital appreciation. This makes them… …read more
I love to watch documentaries.
For many years, I’ve always believed gravity is pulling us down to Earth – the Newtonian and main stream view that the common man in the street knows and accepts as “correct”.
What do you know?
After watching documentaries on Einstein and his General Theory of Relativity, I’ve learnt that its in fact the curvature of space-time above us that’s pushing us down to Earth…
Of course those of you who studied Physics at tertiary level would already know. Maybe.
Bei Kambing understanding versus Erudite understanding
The same gravity example can also apply to Low Cost Passive Indexing.
If you look around our blogging community and forums, you can spot these 2 different creatures.
One just have a single STI ETF (single country focus) and that’s that; the other usually have several ETFs that include more than one asset class, and covers either globally or at the very least covers one large regional geographic area.
I rather not point these bloggers out as its better you discover them yourselves.
Low cost is just one part of a Passive Indexing Strategy
If we buy unit trusts from a bank, the usual commission is 5% – unless there’s a promotion.
The same unit trust can …read more
By Lionel Yeo
Since last year, I’ve been fascinated by the wonderful world of travel hacking.
I’m still a novice at this game, but after doing some research and optimising our spending this year, it paid off: My wife and I used the miles we earned to redeem a ticket on the fabled Singapore Airlines Suites – something we’ve never flown before – for our honeymoon in Europe next year.
The cost? A mere $280.60 for the taxes and fees:
That same ticket would have cost us over $8,500 (one way) if we had paid for it in cash:
If you know how to play the mileage game, it can be worth thousands of dollars to you every year. However, the barrage of deals, jargon and T&Cs can also get pretty complex. How do you figure out which are truly worthwhile, and which are a waste of your time and money?
So I decided to write a 2-part post on a simple strategy I use to evaluate mileage deals. This week, we’ll focus on burning miles, and next week, we’ll cover how to earn them more efficiently.
Getting The …read more
The good people who invited me as a speaker last year have organised another seminar next month on 23 Oct 2016, Sunday 1-5pm.
By Yen Yee
“Invest long term” is the what we usually hear from the successful investors. However, what does it mean to ‘invest long term’? Why is long-term investing better compared to short-term investing? Today, we explore these questions.
What is ‘Long Term’?
Everyone has a slightly varying definition for the term ‘long term’. For investors, long term could range anywhere from 3 years to a lifetime.
With our Conservative Net Asset Value (CNAV) strategy, our definition of long term is 3 years. If our stock does not perform within 3 years, we move on.
It is important for you to consider what your investment time horizons is, in order for you to refine your investment strategy.
Determining Your Personal Investment Horizon
In a nutshell, you can determine your investment horizon by asking yourself when you would need to withdraw your investment capital. For example, investors who are saving for a property purchase would have lesser years compared to similar investors who are saving for their retirement.