Rayleigh 6th Gear September 17, 2021 Share September 17, 2021 18 hours ago, Wt_know said: tech disruptive control fintech control gaming control online learning control casino control everything also control .... jit dong jeng liao! Likely the most severe will be the outcome of Evergrande. Imagine No2 in China up lorry without CCP intervention. ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 18, 2021 Share September 18, 2021 10 hours ago, Wt_know said: hoping T can pump-up sinktel ... sinking too long liao ... muahahahaha Singtel got potential to go above $3 leh. I got 100 lots, hor say liao, here comes another solid gold Rolex. 1 1 Link to post Share on other sites More sharing options...
Voodooman Supersonic September 18, 2021 Share September 18, 2021 11 hours ago, Wt_know said: finally hits $1 dollar liao ... huat ah! SMTJ? Link to post Share on other sites More sharing options...
Voodooman Supersonic September 18, 2021 Share September 18, 2021 22 hours ago, Throttle2 said: The whole market especially asia is in a bit of jitters becos of China. I used to cap my China exposure to 30% of my portfolio (although i seldom go above 25%), the recent regulatory changes is giving me second thought, the way the educational and casino stocks in Macau are hammered is just brutal. Happy to hear your thoughts if you are ok to share online. Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 18, 2021 Share September 18, 2021 2 hours ago, Voodooman said: I used to cap my China exposure to 30% of my portfolio (although i seldom go above 25%), the recent regulatory changes is giving me second thought, the way the educational and casino stocks in Macau are hammered is just brutal. Happy to hear your thoughts if you are ok to share online. Yes sure. it is no secret that the recipe to China's growth since late 70s into the new millennium was the relaxing of draconian rules suffocating the economy. The growth has been tremendous since and has brought many out of poverty even into huge wealth. However the Party has not paced itself well enough to tackle the effects of full on Capitalism. Contrast to driving smoothly by accelerating when required and applying brakes well before you hit the wall. In their case, the accelerator has been full on all the time while the brakes are applied using a sporadic slamming jamming style just before hitting something. How smooth can the ride be? We are already lucky that it doesnt crash. what happened recently is another brake slamming exercise. Instead of releasing the accelerator and pacing the speed according to safety. my China allocation has been 3% to 5% of my entire portfolio and i dont think there is a need to top that. there is no right or wrong. If you are willing to risk more, you should be compensated when it goes your way. so just need to make sure that sleepless nights or worrisome ponder are worthwhile. Ultimately investing for me has never been a way to get rich. It is a way to preserve and enhance value so that at the end of the day, i can continue to live the life that i envision i can have. thats why i never care to go for 10x 20x type of things. I never go for broke or all in becos i believe that if you go for broke, you will most likely be. For young people, it could be different. Time is on their side. And stakes are not as high. Good luck fellas 😁😎 4 Link to post Share on other sites More sharing options...
Voodooman Supersonic September 18, 2021 Share September 18, 2021 49 minutes ago, Throttle2 said: Yes sure. it is no secret that the recipe to China's growth since late 70s into the new millennium was the relaxing of draconian rules suffocating the economy. The growth has been tremendous since and has brought many out of poverty even into huge wealth. However the Party has not paced itself well enough to tackle the effects of full on Capitalism. Contrast to driving smoothly by accelerating when required and applying brakes well before you hit the wall. In their case, the accelerator has been full on all the time while the brakes are applied using a sporadic slamming jamming style just before hitting something. How smooth can the ride be? We are already lucky that it doesnt crash. what happened recently is another brake slamming exercise. Instead of releasing the accelerator and pacing the speed according to safety. my China allocation has been 3% to 5% of my entire portfolio and i dont think there is a need to top that. there is no right or wrong. If you are willing to risk more, you should be compensated when it goes your way. so just need to make sure that sleepless nights or worrisome ponder are worthwhile. Ultimately investing for me has never been a way to get rich. It is a way to preserve and enhance value so that at the end of the day, i can continue to live the life that i envision i can have. thats why i never care to go for 10x 20x type of things. I never go for broke or all in becos i believe that if you go for broke, you will most likely be. For young people, it could be different. Time is on their side. And stakes are not as high. Good luck fellas 😁😎 Wah, I was thinking of dialing it down to 15% over the next few years (at circa 20% now) as China is just too big to ignore and you are at not more than 5%. But I have made more money in Chinese equities than SG's in recent years. I am not looking to multi-bag my portfolio, slow and steady is good. I only need 5%. Hence I usually buy blue chips, ETF or diversified funds only. Thanks for sharing. Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 18, 2021 Share September 18, 2021 (edited) 53 minutes ago, Voodooman said: Wah, I was thinking of dialing it down to 15% over the next few years (at circa 20% now) as China is just too big to ignore and you are at not more than 5%. But I have made more money in Chinese equities than SG's in recent years. I am not looking to multi-bag my portfolio, slow and steady is good. I only need 5%. Hence I usually buy blue chips, ETF or diversified funds only. Thanks for sharing. The fact that you have made more in Chinese Equities than SG it is good that you have a higher allocation. I too believe that China is too big to ignore. But i didnt go in during the good old days so i dont want to go in during current times. SG equities is homeground especially in terms of currency exposure so about 25% to 30% of my entire portfolio. i have more in global names, US, Europe. Probably 50%. Currency exposure in USD and EUR GBP is hedged to SGD. As for Cash, i see it differently. It is held outside the portfolio and not considered part of the portfolio until i use it to invest into somethinGi would agree i am still holding too much cash, but i just dont want to invest for the sake of it. So slowly slowly. Who knows, maybe buy a D9-10 condo if it starts making sense. But very unlikely. Anyway, its a Good “Problem” so wont kick myself for it. All in All, 5%pa does it for me as well. anything else is a bonus. Debt free since 2013 And dont have overly ambitious goals in life. everyone’s goals in life is different. There could be some similar ones but still it is different as our thumbprint. all the best fellas 🙏🙏🙏 Edited September 18, 2021 by Throttle2 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic September 18, 2021 Share September 18, 2021 recently i just up my 5% china to 8% .... 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic September 19, 2021 Share September 19, 2021 fake news la! ..... where are all the "altruistic" gurus .... 1 1 Link to post Share on other sites More sharing options...
Beanoyip Turbocharged September 19, 2021 Share September 19, 2021 (edited) What to do with odd lots CICT lots? Buy to make full lots or sell all? Edited September 19, 2021 by Beanoyip Link to post Share on other sites More sharing options...
Wt_know Supersonic September 19, 2021 Share September 19, 2021 16 minutes ago, Beanoyip said: What to do with odd lots CICT lots? Buy to make full lots or sell all? let's see on Mon got people lelong or not? Link to post Share on other sites More sharing options...
Wt_know Supersonic September 19, 2021 Share September 19, 2021 (edited) Mon open can buy .... super low PE cum high YIELD ... chinese stocks sure kena .... Ping An also not so ping an liao ... .... .... Edited September 19, 2021 by Wt_know Link to post Share on other sites More sharing options...
Voodooman Supersonic September 19, 2021 Share September 19, 2021 35 minutes ago, Wt_know said: Mon open can buy .... super low PE cum high YIELD ... chinese stocks sure kena .... Ping An also not so ping an liao ... .... .... Won't it be better to buy the bond, trading at 32cts and it ranks above equity holders? But i have no appetite. Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 19, 2021 Share September 19, 2021 12 hours ago, Wt_know said: fake news la! ..... where are all the "altruistic" gurus .... $80k only? sup sup suey lah. Ask Weez911, his watch how much already. 1 Link to post Share on other sites More sharing options...
Albeniz Turbocharged September 20, 2021 Share September 20, 2021 With the recent clamp down by CCP, where are the hot money escaping/heading to now? Which are the sectors/areas to focus on for the coming months/year? Link to post Share on other sites More sharing options...
Wt_know Supersonic September 20, 2021 Share September 20, 2021 alamak ... most of my counters profits have been wiped out .... but STI still sibei strong leh means what ar? all my counters beh gan? 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic September 20, 2021 Share September 20, 2021 3 minutes ago, Wt_know said: alamak ... most of my counters profits have been wiped out .... but STI still sibei strong leh means what ar? all my counters beh gan? MLT woohoo Areit woohoo StEng very firm SS very firm ES3 very firm why you buay gan?? only HStech chwui, but that one whole market chwui.boh pian. Link to post Share on other sites More sharing options...
Wt_know Supersonic September 20, 2021 Share September 20, 2021 6 minutes ago, Throttle2 said: MLT woohoo Areit woohoo StEng very firm SS very firm ES3 very firm why you buay gan?? only HStech chwui, but that one whole market chwui.boh pian. SCI also cui from $2 ... paper profits all wipe out ... ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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