Discuss everything related to stocks! From shares, market trends or tips to build wealth, this is the place to share and learn together.
8 members
buckfrog👍 4
34M, currently sitting on an investment portfolio worth SGD $336k. I’ve been aggressively saving and investing 60% of median salary every month and selling cash secure puts as side hustle. Hoping to FIRE at 1M mark. Would love to hear from others on a similar path and whether retiring at 1M is possible? Lucky enough to already own a BTO and have a newborn coming.
RokkstarMade👍 3
"The fund, XDIV, will sell holdings just before dividend dates and rotate into other S&P 500 ETFs to avoid taxable income, appealing to tax-aware investors" This will be a viable S&P500 alternative for Singapore investors that is even better than Ireland domiciled UCITS ETFs due to no tax drag at all. TL;DR is that the ETF holds other S&P500 ETFs and will sell holdings in one before dividends are paid and rotate into another ETF that has a different dividend date. Potential upsides are reduced commissions (LSE/EBS commissions are higher than US exchanges), avoiding the 15/30% WHT drag on total returns, reduced tracking errors as it holds a basket of S&P500 ETFs. Potential downsides are any drag from the reallocation, possible liquidity especially in the initial stages and tracking errors since it tracks other ETFs instead of the underlying 500 companies directly. Also, estate tax if you die while holding this versus Ireland domiciled UCITS. I will likely take a position upon launch to closely track its performance against the established ETFs. DYODD but consider keeping this on the radar. Might turn out to be a gem, might be a dud.
www.bloomberg.com
Roadrunner👍 3
Hello, am here to seek some opinions. For context im 32M looking to get some dividends income to better diversify my portfolio. I have in general settled my high risk investments (or at least am happy with current investment amts) And am looking for a more stable fixed income / dividends / low risk investments. The goal here is whether i am able to earn on avg $500 in dividends. Plan is to start accumulating over time (dca) singapore stocks that pays dividends. And for the first year re-invest my dividends earnings. 1. which platform do u recommend? 2. is there any flaw in this plan? 3. do u recommend funds over purchasing the stocks by itself? E.g UOBAM vs UOB stocks itself 4. any current stocks u recommend and is now a good time to buy in? (Just trying to time the market a little so outlook is better, also why i’m looking to dca)
stormshadow👍 3
i am a happy go lucky 34 years old chap that is now starting to save and doing some investment in order to beat inflation, but so far i only bought some blue chips share. anyone out there can advice on some tips for retirement and such, and to prepare for my baby gal future needs. so far i am staying in a hdb, driving a normal conti car that is at $1700 monthly payment. hdb is fully absorb by my cpf, and my monthly salary is $16000 a month, wife is working, but don't want to involve her, as was thinking to faster save to upgrade to a condo in marine parade or river valley.