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?
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3 Singapore Blue-Chip Stocks Hitting New 52-Week Highs - What happened? Singapore’s stock market is on a roll. The bellwether Straits Times Index (STI) hit a 17-year high of 3,744 recently and is up more than 15...9 hours ago
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Invest Your SRS Funds And What You Need To Know When You Withdraw - [image: invest-srs-funds-know-withdraw] A Supplementary Retirement Scheme (‘SRS’) account can be opened with any of the 3 local banks and this is the start...3 days ago
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How much money does a couple need to earn in order to afford a Million dollar HDB flat? - 10 years ago in 2014, I wrote about how much does a couple need to earn in order to afford a $300,000 HDB flat. The post went viral at that time because ...
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Happy new year 2024 and review of 2023 - How fast! Another year has passed... 2023 has been a great year for most investors (except those who invest in Hong Kong/China/Thailand markets), which t...10 months ago
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Rolf 2023 in Review, Looking forward to 2024! - Happy new year to all. This post came late. But better late than never, :-). Looking back, 2023 has been one of the most eventful The post Rolf 2023 in R...10 months ago
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Unlock Exclusive Deals and Savings: Join Amazon Prime Today! - Amazon is celebrating Prime members with a multitude of deals during Prime Day. The event will offer more deals than ever before, with new deals dropping e...1 year ago
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Hello SP Group, I'm Back! - Yup, I've moved back to Big Daddy's electricity provider this month. To recap and have a better sense of context, you may want to read my previous 18...1 year ago
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UOB One vs DBS Multiplier - This is a long overdue post. A lot of bloggers have already commented on the high interest rates of banks this past few months. I find that I still have ...
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Farewell, Uncle CW8888 - On 8 April 2023, I lost a friend. To honour the memory of Uncle CW8888, let me share a few nuggets of wisdom I have learned from him as well as some of t...1 year ago
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To my beloved friend CW8888 - It is with infinite sadness that I came out from my hiding hole to blog about the passing of a dear friend, CW8888, whom I affectionately call senior bro...
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1H2021 In 10 Mins - If one were to wonder, it has slowly becomes a thing in my recent writing style that I’m disclosing lesser details compared to what I would have done in ...
3 years ago -
Festina Lente Redux - Five years down the road - A big apology to the few readers (if any) who read this blog. About five years so, I had made a pivot to ETF based exposure to a global financial portfo...3 years ago
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Nov 2020 - Yaruzi's Portfolio Update - The stock market bounced back from October lows with the news that Pfizer vaccines found to be 95% effective. I received some cash proceeds from the sale o...3 years ago
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Another theoretical exercise on Property Calculations -- is it good for financial gains now? - In recent times, there are many ads on Facebook, on property forums, on developer residential condo launches, how one can profit from buying properties, or...5 years ago
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Get big Muscles with Testosteron improvement - Muskelaufbautraining mit Nahrungsergänzungen wie macht man das richtig? Muskelaufbau ist nicht einfach und schnell, wie es viele Sportler erwarten geht ...
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How can Brexit affect us? - Recently there's been quite a lot of talk about Brexit in the financial markets and its impact on the markets. So, what really is Brexit and what is its im...
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About Me
- Createwealth8888
- Hougang, NE, Singapore
- Last updated : 24 Sep 2022 I am 66 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Currently, two sons and one daughter are working. I have been doing 22 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world. Currently, I am on my way to Investing Nirvana - Freehold Investment Income for Life after 23 years of building up Investment Portfolio through long-term investing for growth-dividends and short-term trading on Rounds after Rounds. I have also achieved sustainable retirement income for life from CPF and Year-on-year Diminishing Bear Market Impact stock Investment Portfolio in local market, SGX! i.e. Beary Safe! Cheers!
the realisation that global singapoare companies may not be best of breed compare to overseas. example singtel vs vodafone.
ReplyDeleteIf 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.
ReplyDeleteFor 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.
Hi,
ReplyDeleteBesides, 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!