Vic,
You are quite right on me
. Years back, when i was down on property, I decided to just leave it alone as long as I got holding power. In the end I did make some money from there.
As I am newbie to financial investments
, i thought this would be the simplest strategy/method to adopt and that is Holding Power.
I have done a few ELS mostly on SGX blue chip before I got into the 2 equity loans Investment. So far the returns not had, but again nothing to boast about. Again, my simple mind is that: "As long as I dont lose, I am happy".
My portoflios now as follow:
1) 3 bonds 750k as this will give me a fixed coupon to help in my mortgage payment
2) 650k on Funds (bonds and equities) with monthly/quarterly dividends. Dividends to be used for mortgage payment. These funds are bought through UBS as their charge are much better than the local bank.
3) 800k on ELS blue chip. This local banker is very hard working and so far so good, though the yield is nothing to talk about. At least it gets me going to cover future mortgages.
4) 1.3 mio on FCN. Honestly, i am shock at my risk appetite. I am betting on the US/HK counters and are now quite low on the 52 weeks range. I have got a good Std Chart banker advising me on this structure notes, so far it is not near the knock-in range. Earlier, i was more concern of the Knock-out. But recently, the price are coming down to my initial bought level. The yields are 10%.
5) The remaining in cash and waiting for opportunity.
I may partial exit after 2 years if after all the risks I take does not give me my target range of 4-6% yields. Ever since the CMs, most of us know that it is very difficult to make a decent yield from property. This is the reason I wanted to try other kind of investments. Of course your Bonds investments + Laguna + Focus's portfolio really get me excited
, but too late for me, bond price too high liao.
So far still can sleep wellm, maybe I have always been a risk taker.
Wish me luck and all the forumers all huat together.