property vs stocks

sinkies

FUCKING

love property

could be an asian thing

could also be because 1/2 people in singapore is a property agent or closely related to one

for many years now

i intuitively know that residential property underperforms stocks while also being a pain in the ass to manage

https://youtu.be/Pv389tqpiWc?si=niNRQN_1DkG1eNDR

this video says a lot of what i want to say 

 

1st point - a lot of cost line items

it is not so simple as [ (sell price) - (buy price) ] / years held

most property investors completely fail to correctly include all costs so their PNL is always inflated

 

2nd point - compare property vs stocks

costs

effort and involvement

liquidity

1 missing line item is "wholeness"

you cannot sell 10% of a property, but you can sell 10% of your stock portfolio

 

3rd point - the "goal" of property vs stocks

(not included in the video, it is my own point)

take a moment to think about

ssd, bsd, absd, annual property tax

you realize, it is not in the governments interest to pump property prices right?

sg is even more special, since gahmen builds and provides housing to 80%

if property prices go up, it is BAD and ppl comprain about affordability 

propety has natural characteristics to be cooled down, for "social good"

property is designed to never chiong much faster than inflation 

compare and constrast to stocks

stock market got cooling measures?

got absd if you buy more stocks? got ssd if you sell within 3 years?

got annual tax on the value of your stocks?

your portfolio value go up too much, ppl will talk about it in parlaiment?

the nature of stocks is that the are designed to go up

up is always good

down is always bad

my opinion is property if you want mental comfort, buy and be happy

but you want to play pretend that property is also a good investment? go ahead lor

you probably also the type that play pretend whole life / ilps are also good products lol

note: mr chua compares his forecast with 2 scenarios

scenario 1 - renting out 1 of the dual key unit

scenario 2 - not renting out the dual key unit

but he is missing scenario 3 - renting out both the dual key units

there is another flaw he makes when comparing property vs stocks

he included interest cost

i would compare a 100% cash finance property to a stock portfolio if i wanted apples to apples

but of course

in sinkieland

who buys properties 100% in cash?

answer is: the ultra rich ppl buying GCBs

ironic cos that many of the richest ppl in the sinkieland do not WANT leverage, when they obviously have access to it

makes you wonder what these rich ppl know that the poor ppl dont 

why they so stupid dont leverage up on such a massive quantum asset?

if you so smart, you live in a GCB right?

sinkie finfluenzas and their net worths

just nice EOY, everyone posting NW

honey money sg: $1.06M

budget babe: $1M 

mm dream: $3M

STE: $3.2M

stocks n savings: $431K

snowball: $931K

live rich life free: $600K

investment machine: $422K

singaporean son: $188K

amking cents: $1.6M

dividend uncle: $1.45M

my observation:

1. a lot of SGX bias

2. a lot of focus on dividends

3. a lot of stock pickers

i disagree with SGX bias because obviously sg market sucks compared to us market

i disagree with focusing on dividends and instead focus on total returns

i disagree with stock picking, unless you have proven record of beating the market with your picks

thank you everyone for sharing your 2024 portfolios and net worth

glk genuinely wishes you all a prosperous 2025

source:

https://www.youtube.com/watch?v=aPR8Mbn1RM8

https://sgbudgetbabe.com/2024-financial-review/

https://multi-million-dream.blogspot.com/2024/12/a-new-post-after-long-hiatus.html

https://stestocksinvestingjourney.blogspot.com/2024/12/portfolio-dividend-update-28-dec-2024.html

https://stocksnsavings.blogspot.com/2024/12/portfolio-summary-for-december-2024.html

https://snowballsg.wordpress.com/2024/12/31/portfolio-dec-31-2024/

https://liverichlifefree.blogspot.com/2024/12/portfolio-update-december-2024_31.html

https://myinvestmentmachine.blogspot.com/2025/01/my-investment-portfolio-sg-end-dec-2024.html

https://justasingaporeanson.blogspot.com/2025/01/a-review-of-2024.html

https://makecentsnow.wordpress.com/2025/01/05/2024-year-in-review-and-looking-ahead-to-2025/

https://thedividenduncle.com/2025/01/07/reits-dragged-down-my-portfolio-in-2024-what-saved-it-and-my-next-move-investmentportfolio/

private markets for public idiots

https://blog.moneysmart.sg/invest/60-40-portfolio-outdated-whats-next/

sorry audrey

that you got assigned to wrote a paid piece promoting shit

quick answer to why the 60/40 is outdated is because (long duration) bonds are no longer an asset class fit for investment

next point on private equity, private credit, hedge funds, commercial paper and structured products

these are all shit products that are ILLEGAL to sell to retail investors

so they are instead used to legally scam "accredited investors"

much like options, leverage and structured products

you will do significantly better by never touching them

source: myself

best investments (non-crypto)

investing advice is just strategy recommendations

there are a lot of very shit strategies developed by noobs and stupid people that dont understand the game

and there are some very cheese strategies that exploits certain imbalances of the game

 

investing is a game

to win this game is easy

you need to have a lot of money by x date

along the way, there are surprises

some a good surprise, bonus to your money

some are bad surprise, big hit to your money

your strategy need to have strong defense to survive the bad surprises

but also offensive for you to reach a lot of money by x date

"bad" advice tends to be things things that are too low or high risk

too low risk means you run the simulation even before the game starts, and you know its not good enough

too high risk means you run the simulation, and you know the odds of making it to the end is too low

i think investment advice cannot be listened to in isolation

you need to know the whole strategy

what is the person doing to manage recurring and daily expenses

what is the person doing to guard against downsides

what is the person doing to take risks for the upsides

if you just mix and match advice, maybe it is not a complete strategy

a lot of people think crypto is a scam

game updated and crypto is just a new weapon 

dont think so hard

just win

 

you want to dig the hole with a fork

when someone else has the new item called a "shovel"

that is your choice to continue doing what you want to do

at the end of the day

there is no award for being the "best investor (no crypto)"

our capitalist society accepts $$$ all the same, regardless if halal or haram