Daryl Liao, Fti - Seedly
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Daryl Liao, Fti

Passionate about how businesses led by intelligent management can grow into amazing organisations. Follow me @daryl_hao_leow

Daryl Liao, Fti

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Passionate about how businesses led by intelligent management can grow into amazing organisations. Follow me @daryl_hao_leow

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Daryl Liao, Fti

  • Answers (75)
  • Questions (7)
  • Reviews (0)

Stocks Discussion

Investments

Do you all believe in the December sell-down effect? Some investors believe it is good to buy shares in December, thoughts?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 23 Dec 2019
Nope. Timing the market is really no no. It is one thing to keep a cash position and take advantage of cheap valuations and another to follow old myths. The Sell in May and Go Away myth is old and not always true. Focus on the things you can control instead :)
šŸ‘ 0

Stocks Discussion

Investments

Do you prefer manufacturing business or service based business?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 22 Dec 2019
Definitely service based for me. Maunfacturing tends to have high CAPEX and one feature i like about service based business is once their investments been 'amortised' in, they start to have operational leverage. For manufacturing the sweet spot seems to be when production is gaining traction and the backlog orders/ contracts are piling up. Otherwise, not my preference.
šŸ‘ 6

Investments

Blue Chips

OCBC FRANK Credit Card

Stocks Discussion

OCBC Frank allows $100 investment a month for bluechip through them but there is a monthly fee of $5 . If i invest $100/month, I will make a lost by the end of the year. Is this common? Should I put in more going forward if not what should I do?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 22 Dec 2019
It doesnt make numbers sense to do it. 5% loss every month. Why not save up and do a Dollar cost average every quarter or half yearly?
šŸ‘ 6

CPF

Retirement

Stocks Discussion

Investments

OCBC

Supplementary Retirement Scheme (SRS)

Can i only buy SG listed shares using SRS money?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 22 Dec 2019
Nope. You can also purchase Single Premium annuities and insurance plans with it. Bonds and FD are also popular products to couple to tax savings with!
šŸ‘ 7

Investments

Stocks Discussion

Would you still invest in individual stock knowing that Nikko AM STI ETF is part of a listed company?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 22 Dec 2019
Yes I would If the company has solid fundamentals and is a quality company. When you buy into an index, it is buying into a basket of stocks, around 30 if I'm not wrong. not all stocks that are inside are high quality companies as there are other considerations involved. Market cap and all. So why would I put my hard earned money to buy a basket of stocks if I have narrowed down to 1-2 companies That I feel is good?
šŸ‘ 7

Investment Courses

Stocks Discussion

Investments

What is the most you will pay for an investment course?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 22 Dec 2019
I assess it based on the value it would bring to me. Can i learn something that improve my thinking about investing that makes back the course fee? Depends on your portfolio size. if you portfolio size is 5k, does it make sense to pay 3k (industry average) and leave 2k for investing? But if your portfolio size is 300k, 3k is 1% And it is relatively easy to make back the course fees and even 'profit' from this 3k investment. My take is build your cash reserves to at least 10-20k. The hard truth is capital is necessary in investing. 100% of 5k is still only 5k.
šŸ‘ 7

Investments

Stocks Discussion

SG Budget Babe

National Service (NS)

Any tips for a newbie investor entering NS soon?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 22 Dec 2019
You can consider start putting your money to work through SSB, indexes. But most importantly get your emergency fund ready (3-6 months of what you spend). Invest in your knowledge through books and courses to exponentiate the process.
šŸ‘ 7

Investments

Savings

Retirement

Insurance

SG Budget Babe

Stocks Discussion

24 years old, beginning my investment journey! Am I doing too many things at once?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 22 Dec 2019
I think you're doing the right stuff. But along the way you may want to pick up investment books and get more traction on that. Worked for me! One thing I wish I knew was that I shouldn't be too optimistic about salaried income as this may change anytime. Always good to have some buffer and not commit to too many monthly commitments :)
šŸ‘ 7

Investments

Stocks Discussion

How do you reinvest your dividends from stocks? Do you still have to make another trade on the same stocks with the dividends collected by doing it manually and incur trading fees? Thanks.?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 22 Dec 2019
Yes you do have to receive the dividends manually into your bank account. Personally, I would accumulate such dividends and make an investment maybe quarterly if the quantum is not big. Otherwise the minimum commissions and fees would become a big percentage of your costs.
šŸ‘ 9

Stocks Discussion

Investments

SG Budget Babe

How do you convince your close ones the importance of investing for personal finance?
Daryl Liao, Fti
Daryl Liao, Fti
Level 7. Grand Master
Answered on 20 Dec 2019
Show them the profits! Okay jokes aside. I used the rule of 72 to show people the magic of compounding. Put your money in the bank to rot or buy into assets. Your money your choice :)
šŸ‘ 6
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