tag:blogger.com,1999:blog-7944902213075756335.post4032793613359768687..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): Nobody cares more about our money than we do.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-7944902213075756335.post-26797419610158977032018-07-26T15:08:19.496+08:002018-07-26T15:08:19.496+08:00Jake Gan says...
But bond funds churn their bonds ...Jake Gan says...<br />But bond funds churn their bonds too right? So in a rising interest rate environment their bonds mature and they can buy higher yielding ones. Or is there something wrong with my understanding?<br /><br />AK says...<br />Bonds are considered "safer" if they have a maturity date and you get back your capital at some point in time. <br /><br />The problem with a bondAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8819789810632288642018-07-25T10:04:01.629+08:002018-07-25T10:04:01.629+08:00Reader says...
you keep saying nobody cares more a...Reader says...<br />you keep saying nobody cares more about our money than we do recently in fb and it got stuck in my head... lol<br /><br /><br />AK says...<br />I have been saying this on and off for years!<br />Some things like bird shit or chewing gum get stuck in your head is no good but if this gets stuck in your head, very good! <br />Bad AK! Bad AK! :pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-768171600030877592016-07-05T20:21:09.874+08:002016-07-05T20:21:09.874+08:00i differ.
but then again, i don't see bond fu...i differ.<br /><br />but then again, i don't see bond funds or bond etfs as income instruments or part of portfolios against volatility.SMKhttps://www.blogger.com/profile/10968938425811827200noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-68079545659671250092015-05-08T11:43:00.545+08:002015-05-08T11:43:00.545+08:00On Monday, the billionaire investor Warren Buffett...<i>On Monday, the billionaire investor Warren Buffett mentioned that the stock market would be looked upon as cheap if interest rates would stay as low as they are.<br /><br />...he also said that bonds are very overvalued and stocks are the cheaper of the two.<br /><br />“If I had an easy way, and a nonrisk way, of shorting a lot of 20 year or 30 year bonds, I would do it. But that’s not my gameAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8845073248162674982014-08-01T20:45:16.309+08:002014-08-01T20:45:16.309+08:00"With bank deposits in Asia’s largest wealth-...<br />"With bank deposits in Asia’s largest wealth-management center earning less than 1%, the island’s more than 100,000 high-net worth individuals are looking to debt capital markets for better-yielding investments. <br /><br />"Demand for yield is making it easier for Singapore small- cap companies to raise debt in the public markets, with some selling bonds equivalent to ten times AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-37995740710811820292013-09-20T10:31:06.904+08:002013-09-20T10:31:06.904+08:00Hi Mike,
Your friend's heart is in the right ...Hi Mike,<br /><br />Your friend's heart is in the right place. I have a friend who did the exact same thing.<br /><br />Actually, initially, he thought he was selling good products that would benefit people. When I explained to him why they were not good products, he gave up the job. He is not savvy in finance. He was just taught how to sell products and he believed what the trainers told himAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-63104603926531947442013-09-20T10:27:05.165+08:002013-09-20T10:27:05.165+08:00Hi Oldman,
Thanks for the link.
She has a good ...Hi Oldman,<br /><br />Thanks for the link. <br /><br />She has a good head on her shoulders and she says it like it is! I like. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71990805848059471112013-09-20T10:24:26.568+08:002013-09-20T10:24:26.568+08:00Guys, can watch it here http://www.cnbc.com/id/100...Guys, can watch it here http://www.cnbc.com/id/100033415<br />Oldmanhttps://www.blogger.com/profile/08959914060927692086noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-18015569066144413352013-09-19T21:42:07.107+08:002013-09-19T21:42:07.107+08:00With all the bad experiences, my father must be re...With all the bad experiences, my father must be really blessed years back. It the same thing, fixed deposit withdrawals and renewal, was told to buy a structured deposit, he was promised 2.5%PA interest guaranteed and capital guaranteed after 2 years. I was afraid that my father was conned and asked to see the documents, and it is really what it says, 2.5% guaranteed but locked up for 2 years. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52940436663863532062013-09-19T14:51:33.703+08:002013-09-19T14:51:33.703+08:00Hi HM Shak,
I like the idea of teaching financial...Hi HM Shak,<br /><br />I like the idea of teaching financial literacy in school. It is probably as important as moral education. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71898073926497648022013-09-19T14:42:08.408+08:002013-09-19T14:42:08.408+08:00You are right. When you talk to them, you can tell...You are right. When you talk to them, you can tell they know jack shit'. These same people in our financial institutions target older people who have no clue of what they are buying into. I know people who lost 70% of their portfolio buying into unit trusts at the peaks of 2007 based on their past performance. <br />Problem is we lack financial knowledge, this should be taught in schools. Anonymoushttps://www.blogger.com/profile/04642141551826633587noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-86884867350279558472013-09-19T14:40:28.134+08:002013-09-19T14:40:28.134+08:00Hi Solace,
Unfortunately so. :(
Ignorance is def...Hi Solace,<br /><br />Unfortunately so. :(<br /><br />Ignorance is definitely not bliss in such instances. We have to be financially savvy or else we might end up as victims of such unscrupulous "advisors".AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82466570175009654692013-09-19T14:38:40.637+08:002013-09-19T14:38:40.637+08:00Hi SnOOpy168,
My parents got sold something like ...Hi SnOOpy168,<br /><br />My parents got sold something like this too. Structured deposits. :(<br /><br />My mom was also sold an insurance policy which was unsuitable for her. Very expensive.<br /><br />She went to the bank in the morning to take out her FD and came back in the afternoon with a new insurance policy. Basically, the advisor preyed on her fears.<br /><br />Anyway, it took me an hourAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-44753372569654819952013-09-19T14:35:42.820+08:002013-09-19T14:35:42.820+08:00Hi Dickson,
Er... I am really not savvy with this...Hi Dickson,<br /><br />Er... I am really not savvy with this. iTunes? Must pay for this?AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-849841355687645792013-09-19T14:34:14.527+08:002013-09-19T14:34:14.527+08:00Hi SG Young Investment,
This is why in another bl...Hi SG Young Investment,<br /><br />This is why in another blog post I talked about "fitness for purpose". So, when these advisors tell older investors that they should be more conservative and invest in bonds even now, do they know what they are doing?AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23505535486590326832013-09-19T14:10:35.099+08:002013-09-19T14:10:35.099+08:00Hi AK,
Sadly such misrepresentation and mis selli...Hi AK,<br /><br />Sadly such misrepresentation and mis selling are very common. I believe such trends will still continue as many of these financial institution are being regulated by MAS.<br /><br />unsuspecting consumers can be badly advised thinking that banks products should be safe since they are regulated.<br /><br />this is one of the reasons why i have put in lots of effort to get myself Solacehttps://www.blogger.com/profile/08801978818033316328noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77716281544423654952013-09-19T13:51:58.100+08:002013-09-19T13:51:58.100+08:00wonder if there is a free-look / cooling off perio...wonder if there is a free-look / cooling off period for such product. My elder father was sold something like this at DBS Bank. Locked in for 10 year ! By the time I found out, it was like weeks later. The excuse, you get interest paid "upfront". It was a one time payment and then nothing until years later. SnOOpy168https://www.blogger.com/profile/16073641443037165395noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71660884365450785132013-09-19T13:40:27.060+08:002013-09-19T13:40:27.060+08:00AK, you can download the podcast on iTunes! It'...AK, you can download the podcast on iTunes! It's the same as TV.Dicksonhttps://www.blogger.com/profile/17936449037980764712noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85750307414209373122013-09-19T13:38:06.903+08:002013-09-19T13:38:06.903+08:00Hi Ak,
Sadly not many people understand how the f...Hi Ak,<br /><br />Sadly not many people understand how the fund works when they invest. How many people know bond prices and yields move in the opposite direction and what it means? I guess very few people understand it. Maybe even the financial advisers themselves don't really know about it. Or they know but still sell the bond fund just for the commission? SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-50047086294335369292013-09-19T13:02:57.919+08:002013-09-19T13:02:57.919+08:00Hi Elaine,
I watched her on the internet before....Hi Elaine, <br /><br />I watched her on the internet before. I don't have CNBC on TV. :(AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-60674347512643600272013-09-19T12:51:25.134+08:002013-09-19T12:51:25.134+08:00She's my idol! Catch her on CNBC at 4pm weeken...She's my idol! Catch her on CNBC at 4pm weekends! Elainehttps://www.blogger.com/profile/08652894159077859434noreply@blogger.com