Bond and Property are illiquid. So go for stocks , forummer shld not be afraid of investing in stocks. Rule, avoid S-chip and have a balance portfolio,
Bond and Property are illiquid. So go for stocks , forummer shld not be afraid of investing in stocks. Rule, avoid S-chip and have a balance portfolio,
This is the first time I heard of bond is illiquid.Originally Posted by Lovelle
There are many type of bonds in the market, and some are well listed in various major exchanges including Singapore, NY and DAX, so please don't make a sweeping statement as such.
of course, if you refer to bond listed in US but then the administrative and takes a bit of knowledge for an average investor to get in. as u mentioned before, certain, requires minimum entry capital and blah blah...Originally Posted by Laguna
who knows it's another minibond case where u have to scrutinised the details within 1000pages of proposal ...and gosh u have to sit down with the banker (who knows nothing more) to sell u the bond which they wrapped around with rubbish collaterals.
if u buy local bond there u can see liquidity of the bid spread in Sgx on daily market
I wanted to write something on this topic, but just too tired..Originally Posted by phantom_opera
just got a 3.5hours of massage...
going for a show tonite....
Wow, what kind of massage ?Originally Posted by Laguna
Last for so long!
No wonder you feel tired......
After show, then supper ?
3.5 hrs? Whole body massage 再加强Originally Posted by Laguna
U borrow from the bank at SIBOR plus 1.5-1.8%. Depending on your relation , the spread can be lower.Originally Posted by ekl2ekl2
Depends on bid/offer spread. Banks take mkt price plus 0.5 usually. Custodian of the bond, some are charging some are not.If one buys and sells the bond, what is the total cost involved 2.5-3.0%?
OUE 4.1 is considered low already. OLAM did a 6.1 not long ago.
This topic is not for every one. If you have the capacity to get leverage to buy bond, you are wealthy enough to know where to derive yield and where the risks are. Your own judgment here.
@lovelle, minibond is not a bond, it is a credit derivative. Bond itself is not a derivative. It is a simple IOU. Even added with some convertible or indexation , it is still by and large a debt. If you worry about it collapses like minibond, you just need to be extra vigilant on the issuer.
hi amkOriginally Posted by amk
in the past, nobody knows whether minibond was not a bond. Read the news , many poor souls were told it is safe, capital g'teed and it is a BOND by rm. One will only know that it is not a bond after going thru 1000 pages of fine details or hidden little font of statement that highlight the actual risk..
i may not know what is the risk of perpetual bond, preference bond, etc bond that were sold in the market but i do knw SGS bond is safe..
personally, i have capmall corp bond which i have to ballot for it. So it is not easy to buy if u are small fry...
That's why MAS now says derivative products can only be sold to sophisticated investors.
In any case, most bond sizes are big, no retail investor is eligible anyway.
you can always add to your CapMall Corp bond after IPO in open market... I did just that using my SRS, but not listed under CPF OAOriginally Posted by Lovelle
Ride at your own risk !!!
It supposed to be a 2 hours session, but my body condition is so bad...so just added with good essential oil...now body ache alr.Originally Posted by PN
Hi Laguna, wheres good for massage? me need one!Originally Posted by Laguna
When I started looking into bond, I could not find a lot of information / books on bond, what to look for etc. The only thing I know is bond is related to interest.
So, I got a bond trader, gave me two hours tution in front of his Bloomberge station and then talked to a few bankers on this. But you must get a banker who is specialised in this field.
Some considerations are :
1. issuers - fundamental
2. collateral, snr or jr secured or non-secured
3. tenure eg perpetual or fixed tenure
4. cummulative or not
5. callable or not
6. credit grading
7. issue size
8. currency
9. interest rate of that particular currency
10. past dividend history and profit
11. cash position.
BTW, I don't have any straight corporate bond.
Perhaps, other bond investors can add on to my list.
I will PM u tomorrow.Originally Posted by price
I have been going to massage for at least 20 years, and become picky. I have sacked many of them within 10-20 minutes.
But for this woman, I must give her the due credit. She can spot where go wrong and use the correct type of stroke and strength.
thanks! i been going to 1 around siglap, Javanese type. you?Originally Posted by Laguna
I know this is, Javanese is shiok shiok only...but not for treatment.Originally Posted by price
This one is really VERY VERY VERY VERY VERY pain.....I shouted a few rounds and asked her to stop. But u can feel the effect of the pain spot after the massage.
alamah, off the track again...
woah u need to start another thread? haha. so urs is the traditional chinese tui na?Originally Posted by Laguna
pressure points + mainly tui,Originally Posted by price
In fact, there are still quite a lot to add. I stop here unless I can get some tution fee.Originally Posted by Laguna
Me too, but not very effective.Originally Posted by price
Originally Posted by Laguna
Hi Laguna, I also wanna know, please?
Oh pretty please you must share with me your tuina shifu...
By the way, Dow seems to be down almost 2% today.
Can you PM me too? I have tried many but couldn't find a satisfactory one.Originally Posted by Laguna
buy from market is 1.028+0.002Originally Posted by phantom_opera
pay higher
Last edited by Lovelle; 24-10-12 at 09:14.
I bought my condo @ 1.2m in 2005. In 2010, valuation is @2m. I took a equity loan of [email protected]% interest rate to buy in 3 lots (750k) DBS 4.7% pref bond. So every year, I collect (4.7%-1.3%-0.1% Custodian fee X 750k)
SGD$24.75k of dividend. The $24.75k will pay for my mortgage loan , property tax & maintenace fee.
The smart & rich investors bought a US$5m universal whole life (not term) in 2009 . They pay the min amt to be insured US$5m. Draw down a USD loan to buy USD bond fund. The yearly bond dividend (5%) will pay for the yearly premium. This is what they hv done to ensure that it the event something happen to them. Their children will not be left with little money.
rdgs,
Vic
I tot pple say massage best at 30 mins or else damaging to body?Originally Posted by Laguna
Can share which expert masseur is that? Interested to bring my parents go as my dad has quite bad rheumatism.
Wow, you really make money work for you!Originally Posted by cbsh38584
Btw, is the condo the only home you have?
If so, isn't it a bit risky to put all the 750k in one basket?
Just asking only.... want to learn more from your experience.
Originally Posted by cbsh38584
was this an advice by banker ?
This is not an advise by the banker. I really want to make full use whatever cash avail to buy only bond DBS pref bond at that time. I sold my DBS pref bond in 2011 & switch to OUE & Lipomall straight bond @4.95% & 5.875% respectively.Originally Posted by Lovelle
rdgs,
Vic
Wow, you are really an investment savy person!Originally Posted by cbsh38584
Good for you!
Just by looking at the way you invest makes me dizzy.
LOL.... today I learn something new from you.