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Leo

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Leo

  • Answers (5)
  • Questions (1)
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Stocks Discussion

Investments

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Leo
Level 3. Wonderkid
Answered 2w ago
The quick and simple method is to use technology to filter them out. Can go to sgx.com to filter out the ones with low PE Ratio, high dividend yield, low P/B etc. That being said, low valuation does mean that they are undervalued. Further investigation is required. Then again are you talking about trading or investing? To trade, you don't really have to go for an undervalued stock, that is more for investing.

Investments

Stocks Discussion

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Leo
Level 3. Wonderkid
Answered 3w ago
DCA is for people who don't want to spend too much time looking at the market. Usually the method is to DCA on the cheapest option and then hold onto it for a long long time. If you want to put a lump sum in, then you must be ready to spend time and effort understanding the investment. Current market situation dictates that most investments are overvalued now. Hence, with the emergence of alternative investment solutions and strategies in the chase of higher returns. Unless there is a very good reason for an opportunity, I will not invest a huge lump sum now. But to answer your DCA part, if I have to choose, I will choose monthly.

Multi Currency Cards

Forex (FX)

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Leo
Level 3. Wonderkid
Answered 3w ago
I guess it depends. For the consumer, it's luck. For money changers, it's their buy price for that currency. Mid-market rate as shown on Google are just for reference. That is not the price banks or money changers get. That would be the asking price of the other seller that is selling the money to the bank/money changer. If by chance, they have currencies that they purchased cheap, then to lure business, they may provide better rates for you. But do note, banks and money changers have cost. And all these will eat into their margins, deducting from the mid-market rate. Hence, if you get rates better than what you see on Google, thank your lucky stars. (Maybe can shun bian buy 4D, before the luck runs out.)

Investments

Stocks Discussion

Education

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Leo
Level 3. Wonderkid
Answered 3w ago
1) By Professional FA (Trying to upsell another product) Let me teach you how to buy shield plans riders for free. Buy hospital income on top of the rider. When you are hospitalized, daily hospital income will be paid out to you. And there you go, your free shield plan riders. In my head, I was thinking, "So am I supposed to get myself hospitalised every year just to pay for the rider?" 2) Self-professed expert hence, a layman Invest in multiple real estate without having to fork out any money.

Investments

Property

Retirement

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Leo
Level 3. Wonderkid
Answered on 14 Nov 2019
Never attended their course before, but I did gather some information about their strategy. Don't doubt their knowledge. But couldn't convince myself why their strategy is superior as compared to REITs. On top of that, I was also concerned about their "little to no money down" claim. Especially when I factor in the possible macro risk. I was reminded of Sir John Templeton's quote of "This time is different". Hence, I decided to give it a miss. Missing out is better than FOMO.
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