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Harvey Tan

75% Passive Investing Advocate + 15% Cheap Active + 10 % Craziness

Harvey Tan

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75% Passive Investing Advocate + 15% Cheap Active + 10 % Craziness

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Harvey Tan

6Upvotes
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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Answered 1d ago
If you are buying for yield, i guess thats fine since the distribution yield is considered 'high' relatively speaking of couse. But note that the source of the yield is mostly coming from the non-investment grade bond alloction of the portfolio which pretty much explained why the distribution yield is relatively high if you are looking for growth, look elsewhere.

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Updated 3d ago
Hi there It would served you better to read a couple of investment books first. Recommendations a) The Intelligent Investor - Ben Graham b) The litte book of common sense investing - John Bogle c) A random walk down wall street - Burton Malkiel It will serve you well in the long run. It all boils down to probabilities. Contrary to popular beliefs, the probability of you picking an advisor that can contruct a portfolio that outperform the market is slim to none , which as good as the probability of the active manager picking winning stocks in the long run, to generate consistent alpha. You are better with index funds. But if you are adventurous, there is no serious damage if you allocate 10%-15% to active funds.

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Answered 5d ago
Hi Read the following books before investing : 1. The Intelligent Investor - Ben Graham 2. The litte book of common sense investing - John Bogle 3. A random walk down wall street - Burton Malkiel It will serve you well in the long run.

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Updated 4w ago
Interactive broker. Cheap and reputable

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Answered 4w ago
Since you are in university, i assume you are still young and would have at least 30-40 years ahead of you in terms of your investment horizon. In the grand scheme of things, $4k is peanuts. Cut your loss and move on. Before emarking on your investment decision, i would advise you to read Ben Graham's The Intelligent Investor and John Bogle's The litte book of common sense investing

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Updated 4w ago
Since you are new, I would advise you to read some investment books first before diving into any investment. Google for ben graham and john bogle. I will not comment on performance since past future performance is hardly an indicator of future performance. Some suggestions for you for you to start somewhere. Total US market -- Vanguard Total Stock Market ETF VTI - TER of 3bp Total World market -- Vanguard Total World ETF VT - TER of 9bp Total China market -- iShares Core MSCI China Index ETF 2801.HK - TER of 39bp The funds that i have listed above, track the market and hence you gain the market return. In layman terms, if the general economy do well, the fund will do well. FYI. VTI and VT are listed on NYSE and 2801.HK is listed on Hong Kong Stock Exchange.

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Updated on 11 Jun 2019
In short, no major difference in your holding. Go with ETF. Both track the same underlying index, S&P 500 index. The main difference between the two is how the funds are structured. The fund "Infinity US 500 Stock Index Fund" is structured as mutual fund that feeds directly into Vanguard® U.S. 500 Stock Index Fund (parent fund). I suspect LionGlobal has some sort of an arrangement with Vanguard to do so. However, this feeder arrangement does not come cheap. Looking at the expense ratio, 70bp p/a exluding sale charge of 200bp The mutual fund structure is such that when you buy the parent fund at a particular day, it collate all the buying and selling order from everyone towards near the end of the day, and goes to market and buy the necessay securities VOO (Vanguard S&P 500 ETF) is structured as an exchange traded fund. And as the name imply, you can buy the fund on an exchange at any time during the trading hours. It will contain the same securities as the mutual fund counterpart. ETFs in general is also more tax-efficient than their mutual fund counterpart. VOO expense ratio is only 3bp p/a. I think this settles any agrument as to which one you should go with.

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Updated on 07 Jun 2019
You do not necessary need to have 6 months of salary to invest. You can start as little as SGD $100. Google the following : 1. POSB Invest Saver 2. OCBC Blue Chip Investment Plan Before you embark on any investment plan or consult anyone for investment advise, I highly recommend you to take a day or two to read the following two books; 1. The Intelligent Investor by Benjammin Graham 2. The Little Book of Common Sense Investing by John Bogle It will pay off in the long run.

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Answered on 28 May 2019
In short, if your investment time horizon is more than 15-20 years, you are better off with broad-market globally diversified ETFs. Cost wise and return, it will crush almost any annuity. One ETF in mind ("no effort" and long-term buy and hold) is Vanguard Total World Stock. https://www.etf.com/VT Go read the following books before embarking on any investment plan, 1) The Intelligent Investor by Ben Graham, 2) The Little Book of Common Sense Investing by John Bogle It will served you well. Get into habit your own due diligence before emarking on any investment.

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Harvey Tan
Harvey Tan
Level 3. Wonderkid
Updated on 25 May 2019
In the US, there is 30% dividend tax witholding. That is for every $1 dollar of dividend / share announced by the company, you will only received 70cents/share. Uncle Sam collect the 30cents Go with Interactive Broker. Commission is one of the lowest. But there is a minimum of US$10 minimum account maintaince per month if your account size is less than 100K USD.
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