I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday 9 October 2011

Invest in stocks listed in overseas stock exchanges is investing globally?

Just For Thinking ....

Read? Investing Made Simple by Uncle8888 (10)

Read? Major STI market cycles - Horrible Bears and Beautiful Bulls!

Why do we as local investors in Singapore have developed such thinking that if we don't buy some stocks that are listed in some overseas stock exchanges we are not investing globally.

Are there any strong reasons to justify our local big blue chips listed in  SGX e.g. Keppel Corp, Semb Corp, ST Eng, SingTel, DBS, etc have not diversified their businesses across globally or regionally enough to qualify as MNC in those countries where they have set up their global or regional presence to do businesses there.

Frankly speaking, I know a few fellow investors who have bought some stocks listed in some overseas stock exchanges. Are they currently doing better than me in term of real monetary gains after currency conversion and tax? I don't think so. Their absolute real returns with these global stocks will speak for themselves. So is Overseas moon still rounder, is it?

3 comments:

  1. the realisation that global singapoare companies may not be best of breed compare to overseas. example singtel vs vodafone.

    ReplyDelete
  2. If we go by market capitalisation, foreign stocks which have a bigger market to sell to (in comparison to SG) will probably fare better from a business POV.
    For eg, if your profit on your product is $1. The SG market only has 5million buyer. But the Malaysia market (for eg) has at least twice as much. Then profit would be much greater.

    I do however agree with you that due to the dynamics of the stock market, and in recent years the volatility of the currency market, buying overseas stock might not be so desirable.

    ReplyDelete
  3. Hi,
    Besides, the extra risks & costs, i think if you
    can know your own market well enough, you have already some advantages. To borrow an analogy, like football, we have "home- advantage" Ya? No? Not applicable? O. K., O. K., to each his own.
    Nevertheless, page 262 CNA will show daily, all the world's major indexes move in tandem. Very rarely out of syn. Especially nowadays what you called, "Globalisation of the World". To me i believe there is/are "syndicates". The "BIG BOYS". We are just ikan billis trying to survive in sharks infested water. Ha! Ha!
    Cheers!

    ReplyDelete

Related Posts with Thumbnails