Confronting A Full Time Dividend Investor
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- Опубликовано: 3 авг 2024
- Jun Yuan Blog: www.thesingaporeaninvestor.sg
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An honour to be invited to the BagHolder Pod channel (a big thank you to the team for it!), and I thoroughly enjoyed the sharing session. Hope your channel subscribers will find content useful. Cheers! :)
He should consider allocating at least a small portion to growth stocks.
Payout quarterly or semi annual makes no differences as long as you are manage yout cash flow.
It seems Kelvin only interested to know how much JY has in his portfolio. Quite obvious Kelvin knows nuts about reits investing.
JY is too humble. :)
Thank you! Hope you found the sharing useful… 😊
The singapore money market is flush with cash, banks are chasing mortgages between 3% to 3.5%. Mortgage demand drop sharply due to lower property sales. Without MAS support, rates in Singapore will soften alot more. Fed is behind the curve, the first cut will be in Sep but Citi is pedicting a domino of further cuts. As for reits, mpact is more likely to bounce strongly due to its midsize, resilence of its retail properties
Many thanks for sharing your thoughts there. I sure hope MPACT will rebound (and it will likely happen when there’s a clearer signal from the US Fed on when the first rate cut will take place), but personally, a bigger catalyst for the REITwill be a further recovery from Festival Walk, and improving occupancy profile + rental reversion from its 2 office properties in China.
Just want to chirp in a bit on the part of selling S&P ETF to get income vs getting dividends for income.
Share price is a function of both fundamentals and market perception. Selling a part of S&P ETF during bull market is easy but when it is in a bear market, it will be really be tough psychologically to sell something that I think is undervalued.
On the other hand, for income investing, I just need to focus on if the company is still doing well in its business. If it continues to do well and can sustain its dividends, then the share price is irrelevant.
Not saying capital gain or loss is not important but it is not the primary objective in income investing which is to get consistent cash flow.
my 2 cents.
It seems to me that we often place great emphasis on past performance of a company before we decide to invest in it. Perhaps we need to place greater focus on understanding its future performance, competitive landscape and other risk factors. The past does not guarantee the future.
Agree with you, the past doesn’t guarantee the future. Every company have their fair share of pros and cons - as much we want to invest in it for their pros, but we must also make sure we keep an eye on the cons as well - particularly, what a company’s management have in place to navigate through the headwinds. Not only that, as investors, the onus is on us to keep abreast with the latest developments (such as through studying their latest quarterly results as and when they are released) to make sure it continues to remain fundamentally sound, and in terms of some of the headwinds, the management is taking concrete steps to address.
To Kelvin’s question on advice to newbies? Easy, buy JY’s book! 😁
Haha, thanks for that, bro! 😊
Thanks Jun Yuan for coming on to the Pod
Many thanks for the invite there, bro! :)
REITs are leveraged instruments and have little money for themselves as they distribute the bulk of the money to investors.
It can be risky. We have to understand their financing side as well as the asset side. Can the latter continue to have high occupancy and keep raising rents?
Have to do lots of due diligence
It is not easy to analyse compared to some companies with good cash flows from a simple business.
Thank you for sharing your opinion. Yes, we need to do our own due diligence. As investors, I think its important we do not simply ignore the company after investing in it; rather, we should also take time to study their latest quarterly results to make sure the original reasons why we make the investment decision on it continues to remain valid.
great discussion. thanks so much.
Most welcome, and thanks for watching! 😊
The funny part I dun know why after watching the youtube . Instead you all help him to promote his book ... I feel buying SnP 500 better than follow him 😂😂
Just to clarify, whatever I shared is for educational purposes only. Of course, if you prefer to invest in the US market, that’s completely fine. Cheers! 😊
Actually 1 wrong misconception of dividend portfolio is not to start investing when you were young, yes when everyone is young we strive more on growth and US stocks is the way to start first.
But you need to remember as you grow older or when you retire above 50 years old, you should be looking at assets that are much more stable, less volatile and provide you stable income consistently like Reits.
But think of it you can't possibly only at the time when you reach retirement or above 50 years old, then you instantly sold all your US portfolio and dump all into Reits. What if the price that time wasn't favorable for you to do so?
So, the best way is start building your income portfolio and DCA consistently since young, it can be as easy as small amount each month. While also investing in the US stocks at the same time for growth like 50-50 allocation. This way says you start around 20s, by the time you consistently build for next 30 years and by your retirement or 50s you will have a solid and good averaged priced income portfolio ready to sustain your income.
Totally agree with your views - and not starting young was one of the biggest mistakes I make (as I only started building my investment portfolio in 2019, and I was already 39 then). That said, I strongly encourage those who are in their 20s to not make my mistake and get started ASAP. On having a portfolio concentration of having more dividend stocks as one grow older, yes I agree with you - for stability is much more important by then. :)
some young people 20 years ago bets on condo. no money or near zero to invest. now they are 50s and they can start invest with extra cash. hopefully can chiong till 65 and then got condo and got portfolios.
@@edgan1 I know of such people as well. No problem with that, if they are comfortable, and most importantly, it works for them. 😊
Kelvin not buying stuff that are underwater and going for stocks that are nearing ATHs are the reason why only CK and JY's portfolio has a chance in the long run. lol
If you ask me, I think there' no right or wrong answers here, as we are all different to a certain extent (and that's why the market moves) - most importantly, one must be comfortable with his/her investment decisions. :)
@@thesingaporeaninvestorsg well if your objective is not to make money but just be exposed to the market and 'have fun' then yea. but I think we both know that's not the case here :) everyone knows buy low sell high but only a small percentage end up being contrarians who actually practice it while the rest buy into stocks at S&P ATHs and tout their DCA nonsense about not timing the market. Hello, you can do both lmao
@@mala-mar The whole objective for me in this video is to share about my experiences. Of course, some will agree with my approach, while some will not (and I respect that) - that's completely fine with me. Like I said, no 2 individual investors are equal (take the other 4 in BagHolder Pod for instance, each have their own strategy as well). And just as in my previous reply, the most important thing is one must be comfortable with his/her own approach. :)
Fantastic video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
bitcoin does not pay any yield but will reward you with growth that you can't find in any other asset class
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here
This is interesting. I heard a lot about the same person not long ago, please how can I contact her?
Can't share much here, I take guidance from Evelyn Infurna a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.
Reits bag holder 😃
Only time will tell if the decision is the right one. Perhaps we can revisit this comment in another 1-2 years time and perhaps even do a review? :) I think that will be interesting - one thing for sure, there will be lots of learning pointers to be shared.
no need to wait. last two trading days sreits up some 7%!!!! i am with Jun Yuan and Josh tan on sreits.
38:10
Looking forward to second part of the podcast!
Thank you for the support. There's only one part to this podcast. :)
@@thesingaporeaninvestorsg hmm I remembered someone said something about a second part near the end of this podcast though
@@valuabletips560 I'm open to further collabs and share more if there's an opportunity to do so... :)
Mr. JY is abit clueless tbh. He needs to watch more Adam Khoo
Thank you for the feedback. While sharing, I'm also learning myself to improve...
@@thesingaporeaninvestorsg , best of luck. But agree on the point that US markets are toppy..but it can remain toppy for quite sometime. Someone said, yesterday was the best time to invest.
If you think you are better than Jun Yuan, let's come to the Pod! We would love to interview guest that is not content creator, especially those who think they are not clueless 😂
@@BoonTee i am not sure if i am better than him. But my returns are for sure. My point was, he sounded not sure about what he wants out his investment. He talks about waiting for 3 years and 5 years or even more to see return from Reits. US reits stocks have done better than singapore reits if we take last 5 years and maybe he got it wrong once or twice but correcting the mistake might be what investors should do. I wish his reits recover soon and agree they seems to be on a lowest point now. By the way, i wish to come on to the pod but would like to remain anonymous for now. But dobt mind catching over a coffee for sure :)
@JY - best of luck and i am sure your reits will recover but betting against US market or nvr participating in can be a huge risk. All the best!
Sgx only 3 bank can buy for bad time and good time.
Rest wasts time.😂
sure? look at reits on 12 july 2024.
This guy got similar vibes to MasterLeong.
Haha! I take it as a compliment, because he is a friend of mine - and when I started learning the ropes about investing back in the early 2018-2019 days, he was one of the very first I met on InvestingNote, and I learned a lot from all his generous sharing everyday. :)
I thought he sounded like AK71 (except talk faster) and his port looks similar
oh the lose his pants on BaBa guy
@@CyChong-vm2uf Haha, thank you. I’ve got so, so much to learn from him…
@@hgft274😂😂
From the sharing, I wonder is it bcuz none of the hosts have trading experience or JY feels tat going more in-depth and technicals is too much for audience. No offense but I feel if it’s an expertise sharing, JY shud lead the conversations more bcuz the hosts might not know wat they dunno.
For example, I dun know even know wat kind of trader is he. Day trader? Swing trader? Momentum trader? Etc… By right there’s unique characteristics for different groups, but after hearing his views, I still cannot figure out which 1 he belongs to.
I think this is by intention, because our focus is not so much on trading. We are interviewing the "investment" side of Jun Yuan's
@@BoonTee Understand, probably the title full time investor messed up my expectation.
@@andyho2059 Yes Jun Yuan is indeed full time investor. In the conversation he shared that the long term dividend portfolio is important to provide cash flows to support his expenses, while the trading results is more volatile, cannot expect to have positive returns consistently
@@BoonTee I know wat u mean, but as audience not knowing him, I was thinking he’s full time investor, without any other income from from his website etc. Good episode nonetheless.
1. But as someone who’s not invested in REITs, maybe can ask like wats his best counters against allocating into the 3 local banks for dividend play instead of REITs for maybe couple more % and aside from diversification. Some ppl will say diversification is for ppl who dunno wat they are doing, example ppl invested in M7 likely won’t ’diversify’ into small caps? Just an exaggerated analogy.
2. Whether he feels there’s macro fundamental differences in today’s REITs environment compared to 10-20 years ago besides interest rates.
3. On the note tat US market looks top, US market hits ATH 16 times on average per year, so it’s true tat every crash happens from a top, but not every top will result in a crash. Is it a sustainable strategy to try and predict for a drop before buying?
@@andyho2059 Thank you for your suggestions!