Investment Talk

[joekia]

asking for opinions here cos I'm still new into this.. reading & learning as I go along & nothing beats trying out for real.. aware of the learning costs which I'm prepared to pay abit... currently my exit point will be when price drops 8% or increase 20%

 

I bought COSCO cos

- there was 500 lots insider trade at above current price so I'm thinking pr wud go up

- There was huge volume past few days so I'm presuming some house are buying them providing a resistance level at that price pt

- starting to learn technical analysis & its graph is showing possible pr break out (if I anlyse it correctly)

 

CMYRS, all those point to improved economic conditions but I feel selling is done when these actual results are out. It seems the market had already reacted to all these good news earlier so now waiting for something new to react to. Many small players took out profit today, coinciding with the 1+3 payment days since it broke 1.17 on 16/7 for those on margin trading.

 

I expect more $$ going into the market tomorrow since profit selling left the market almost untouched... I have just transferred 6K to my trading fund, but not sure whether to add on to COSCO or pursue my other targets - JAYA, EZRA & BEST WORLD

 

 

 

T+3 doesn't works these days.. It's actually T+5. I think it's impt to ask yourself, are you trading or are you investing? Or punting?

 

Not to gun you down don't take this wrongly, Lemme do the maths for you. You bought 2 lots of cosco at $1.19. Do you know how much brokerage have you paid for this trade? What is your breakeven point? What does Cosco deal with? Any catalyst for it to breakup? How do you know many small players took profits today?

[kzone]

Lemme do the maths for you. You bought 2 lots of cosco at $1.19. Do you know how much brokerage have you paid for this trade? What is your breakeven point? What does Cosco deal with?

yeah i know all that

 

Any catalyst for it to breakup? How do you know many small players took profits today?

no i dont, how to identify? if u know, can share?

 

are you trading or are you investing? Or punting?

gambling!

[joekia]

yeah i know all that

 

 

no i dont, how to identify? if u know, can share?

 

 

gambling!

 

 

 

No I dunno how to identify.. but i was curious because you said in a earlier post small players took profits which triggered my curiousity:) perhaps you can share with me

 

 

CMYRS, all those point to improved economic conditions but I feel selling is done when these actual results are out. It seems the market had already reacted to all these good news earlier so now waiting for something new to react to. Many small players took out profit today, coinciding with the 1+3 payment days since it broke 1.17 on 16/7 for those on margin trading.

[joekia]

After a long wait of a month... Finally sold off the Kepland for 30cent profit..

[kmax]

M1 is 1.61...hehheh. coming closer and closer to my target price.

 

1.77 ... sweet....

[Throttle]

1.77 ... sweet....

 

yeah yippee 20% absolute profit in about 1.5months ....

cant complain .

[DeusExMachina]

Seems to be a good run this week so far. Paper losses converted to about 12% profits.

Still holding out for that 20 to 25% at least before I exit.

[CMYRS]

sometimes, it may be better to make a quick run to the exit then wait for it by locking in a figure.

 

this is because of a few reasons.

it may not hit that amt, till maybe till 6-12mths?

and if it doesnt reach yr objective u may end up sitting on a yo-yo for awhile.

and time is money, or opportunity cost.

 

u may exit now and wait for a better entry next round?

 

 

just my humble opinion from my personal experience.

[DeusExMachina]

Point taken, my friend.

[Ianie]

Is housing investment worth investing?

 

Let's say i've got 200k is it wise to throw 10% down payment for a 800k condo, and lets say take a 10 year loan? And just rent the house out to pay your loans.

 

Yes it's a long term investment but the only downside is not being able to rent ur place out.

 

What other downside is it to such investments?

[kmax]

Is housing investment worth investing?

 

Let's say i've got 200k is it wise to throw 10% down payment for a 800k condo, and lets say take a 10 year loan? And just rent the house out to pay your loans.

 

Yes it's a long term investment but the only downside is not being able to rent ur place out.

 

What other downside is it to such investments?

 

good question... as i have thought about it too.. about a few months back when the housing prices were downside..

 

agent friend of mine passed me spread sheet for loan amount calculation (but dunno where i saved it.)

 

if i can remember the figures correctly, 200k dwn for 600k private apartment, monthly installment about 2k with 20yr loan... rental will get back 2.5k to 3k..

so annual return is about 10~12 % and hopefully chance of property price to go up next 5~10 years time..

(figures may not accurate..)

 

i like the idea.. but still not able to find the right one to get..then property price rebound back and now ended up into equities...

 

downside is liquidity.. and who knows what of property market..

[mrlazy]

Is housing investment worth investing?

 

Let's say i've got 200k is it wise to throw 10% down payment for a 800k condo, and lets say take a 10 year loan? And just rent the house out to pay your loans.

 

Yes it's a long term investment but the only downside is not being able to rent ur place out.

 

What other downside is it to such investments?

 

imho .... the risks are

1. Not liquid, so you really need to be able to hold long term

2. If u got a bad location, you're done

[Ianie]

A 10% downpayment and just take a long loan like 10-15 years. Even so if the location is bad u still can make quite a profit if your able to hold long term and sell it ya?

 

Considering only a 10% downpayment.

[Throttle]

A 10% downpayment and just take a long loan like 10-15 years. Even so if the location is bad u still can make quite a profit if your able to hold long term and sell it ya?

 

Considering only a 10% downpayment.

 

That is a simplistic way of looking at it.

 

Allow me to show you another perspective.

==> Should one stuff oneself, one will choke.

[Throttle]

Is housing investment worth investing?

 

Let's say i've got 200k is it wise to throw 10% down payment for a 800k condo, and lets say take a 10 year loan? And just rent the house out to pay your loans.

 

Yes it's a long term investment but the only downside is not being able to rent ur place out.

 

What other downside is it to such investments?

 

 

$200k is nothing for property investing.

Spread yourself too thin, and you'll be screwed.

 

You need to have good liquid cashflow and highly manageable commitments.

Fall into the wrong hole and you'll never climb out.

[DeusExMachina]

 

Considering only a 10% downpayment.

 

 

Ever considered how, if your remaining loan is still above the market value and you need cash suddenly for some reason or other?

[Ianie]

$200k is nothing for property investing.

Spread yourself too thin, and you'll be screwed.

 

You need to have good liquid cashflow and highly manageable commitments.

Fall into the wrong hole and you'll never climb out.

 

you mean u need good cashflow to sustain the property?

 

what are good options i can make good with 200k?

[Ianie]

I've seen a friend of my, buying a condo @ 700k, putting a down payment of10% 70k. took a loan of 15 years. monthly rental to cover the loan, recently sold the house @ 1.3million. but i guess he got a good buy free hold at not a bad location.

[Demon]

Is housing investment worth investing?

 

Let's say i've got 200k is it wise to throw 10% down payment for a 800k condo, and lets say take a 10 year loan? And just rent the house out to pay your loans.

 

Yes it's a long term investment but the only downside is not being able to rent ur place out.

 

What other downside is it to such investments?

 

There are alot of online tools to help you such as :

http://www.ocbc.com/personal-banking/calculator/loans_ocbc/calculator.html

 

http://img.photobucket.com/albums/v469/udaloy/ScreenShot003-7.jpg

 

However, there are alot of questions you have to answer yourself, such as :

 

Based on your current CPF contribution, is it enough to service the monthly mortgage ? If it is insufficient, what is the cash top-up ?

 

What is the realistic rental ? What other commitments do you have ?

 

Rental rates go up and down depending on supply and demand. You may get $4000/month for two years, but only $2500/month for the next two years but your monthly mortgage payments will not reduce proportionately.

 

Property tax will be 10% pa.

 

If you have alot of CPF, and a good income, this is one way to cash out your CPF before retirement by means of rental income.

[Ianie]

interest can be quite alot man.

[joekia]

interest can be quite alot man.

 

How else do you think the bank makes money?? hahaha

[kmax]

http://www.shareinvestor.com/tools.pl?action=factsheet&id=5DN

 

1.42

 

yahoo....

[JMchick]

There are alot of online tools to help you such as :

http://www.ocbc.com/personal-banking/calculator/loans_ocbc/calculator.html

 

http://img.photobucket.com/albums/v469/udaloy/ScreenShot003-7.jpg

 

However, there are alot of questions you have to answer yourself, such as :

 

Based on your current CPF contribution, is it enough to service the monthly mortgage ? If it is insufficient, what is the cash top-up ?

 

What is the realistic rental ? What other commitments do you have ?

 

Rental rates go up and down depending on supply and demand. You may get $4000/month for two years, but only $2500/month for the next two years but your monthly mortgage payments will not reduce proportionately.

 

Property tax will be 10% pa.

 

If you have alot of CPF, and a good income, this is one way to cash out your CPF before retirement by means of rental income.

 

 

sound advice. but main point is :sustainability

[Demon]

sound advice. but main point is :sustainability

 

Like all things in life, as long as your income is maintained, everything can be sustained.

[Throttle]

I've seen a friend of my, buying a condo @ 700k, putting a down payment of10% 70k. took a loan of 15 years. monthly rental to cover the loan, recently sold the house @ 1.3million. but i guess he got a good buy free hold at not a bad location.

 

 

Once liquidity dries up, see whether your knees shake or not.

if really so easy, straightforward and simple i buy 10 already.

Of course property agents would like you to think it is that easy.

 

$200k is nothing for property investing Ianie, keep it for emergency.