8/12/2019

Long term investors of banks and blue chips

Look at the prices of these banks and ask those long term investors how much they have made in investing in these banks.

We have an expert long term investor in WSG. Hope none of these is his so called war stocks.

17 comments:

Anonymous said...

Long term investor same as long term PAP voter.

How much have long term PAP voters benefitted from voting PAP?

jjgg said...

Aiyo Rb.. u very mischievous la.. u take European bank stocks to try n prove a point..not only financials but euro industrials oso very shit.. but there is a light at the end of the tunnel n I daresay say European indices have seen their trough..indigestion caused by merging so many different economies into one will inevitably cause hunger for growth growth.. Singapore? I don't know le.. decades of withholding private consumption cannot be offset by decades of infrastructure expenditure..will we see a European moment?..betcha😊😊😊

Chua Chin Leng aka redbean said...

Hi jjgg,

If you read my piece on Hong Kong, I made the assertion that European countries are going bust, all facing bankruptcies. They are hanging on by a string, not just the banks.

A few decades ago, when they cooked all the beautiful earning statistics, western banks were seen as infallible. The truth is all in the fishy accounting. They wrote what they want you to know. When banks are announcing unbelieveable profits, be wary, be warned.

So easy to make billions? If it is so, the western banks would be making them. Asians so clever meh?

Ⓜatilah $ingapura⚠️ said...

@ aiyah, obvious lah...

Low interest or no interest or zero interest rates environment---what the whole world has experienced since the post-2008 GFC "stimulation"---are challenging if not downright NASTY environments for banks. That's why the CEO of DBS is either very lucky or smart

Also liquidity in some markets---especially minor markets and emerging economies have dried up. Take for e.g. the ASX. Since the post 2008 fallout, a significant number of names have disappeared from the market, either de-listed, or taken over. The general amount of liquidity has fallen significantly.

The place to be is in defence, tech, AI, big data, ...what WSG is in. I thought I had missed it, but luckily my superannuation fund manager bought me SOME exposure! The drivers of defence-aerospace shares are still very strong, for e.g. Putin is not going to allow China to beat Russia in weapons, or the USA-NATO for that matter (Russia-China are friends, but there's nothing wrong in some "friendly competition"), Arab vs Arab is ratcheting up in intensity This one is complex: you have Saudi Arabia vs UAE-backed separatist forces. Both of the RICH oil states are huge buyers of WEAPONS. If you know Arab culture....the rich Arabs MUST HAVE the "latest", the "greatest"...the "best-est"....tak boleh kalah type of thinking. And they have loads of money.

TEch-defence-aerospace....looking good lah, RB.

Ⓜatilah $ingapura⚠️ said...

@ RB

>> made the assertion that European countries are going bust, all facing bankruptcies. They are hanging on by a string, not just the banks. <<

Aiyah, panic for nothing lah. Market go up, go down...sometimes good crazy boom, sometimes got bloodletting slaughter.

Not so long ago people were claiming doom and gloom for places like Greece and the BRIC cuntries. OOOh collapse! OOOOh faild state.

Nonsense lah. Just some pain, tahan a bit and everything back to "normal", which still could be shit. Some cunties "normal" IS shit...what you gonna do?

Argentina. Interest rates are over 60%. πŸ˜‚πŸ€£ How many times have these motherfuckers defaulted? But they are still standing. Mexico defaulted. Today, A-OK. Russia defaulted...today, sweet...one of the lowest debt in the world.

Damn hard to make entire cuntries fail lah. Relac lah Redbean, if you concentrate on finance all the time you'll go crazy.

imho said...

Thats why people no longer want to be bankers, they want to be technie or STEMie. Tech stocks have risen considerably for last ten years.

Anonymous said...

Hi

Very very very very very siong leh!

So.......how sg banks???

Anonymous said...

@RB, @All,

Ehhh pondek, how long you remeisier?? 10+ years???!? Are you sure you even remeisier??? More like snake oil salesman niah!!! OH I FORGOT --- THE TEST TO GET LICENSE IS MAINLY SALESMANSHIP TEST, JUST LIKE PROPERTY OR INSURANCE!!! LOL!!!!

The more you write about markets, stocks, finance, economics etc, the more you prove why DBS is correct to FIRE YOU!!! LOL!!!!

Since when Euro banks classified as War Industry??? Like that DBS & SPH also war stocks liao. Pondek lah you!!! Hahaha!!!!

And I can bet you don't even know why these banks are struggling in the 10-year long asset price recovery --- NIRP lah pondek!! (As Matilah has pointed out)

Singapore has been in an almost-ZIRP environment since 2003 (at least 16 years already!) --- but still very slightly above ZIRP and definitely not in NIRP. However on a REAL BASIS --- S'pore savers are in NIRP territory ... that's why if you don't have a good paying job or don't have good income-paying investments, you're fucked. THAT'S WHY SO MANY LOSER TYPE SINKIES COME ON THIS BLOG & OTHER SOCIAL MEDIA TO KPKB. It's exactly like those Trump supporter rednecks who are jobless ex-factory workers! LOL!!!!

Moreover all our 3 banks are also heavily into or tied-to SE Asian & China, where yield curves are steeper & there is healthy carry opportunities. If whole Asia also like Europe in NIRP, then all our S'pore banks also die cock stand lah.

Some of my larger War Stocks holdings (and these are REAL WAR STOCKS, not those anyhow selected by the pondek RB!! LOL!!!):-

1) Lockheed Martin ... 2007: $67 ... 2019: $377

2) Northrup Grumman ... 2007: $50 ... 2019: $370

3) General Dynamics ... 2007: $63 ... 2019: $184

4) Boeing ... 2007: $72 ... 2019: $337

5) Raytheon ... 2007: $45 ... 2019: $186

6) L3Harris (merger of L3 and Harris) ... 2007: $40 ... 2019: $211

7) ITA (war stocks ETF) ... 2007: $56 ... 2019: $216

8) Leidos ... 2007: $27 ... 2019: $83

9) Mercury Systems ... 2007: $13 ... 2019: $82

WSG

Anonymous said...

@All, @RB,

Waaaahhh .... I bet RB will use my list to SELL to his client tomorrow liao!!!

Ehhh RB, how about sending some commissions my way??!?? HAHAHAHAHA!!!!

WSG
PS: I also haven't included in all the dividends over the years too!!

Unknown said...

Gold Price 2001 = US$271 average.
Gold Price 2019 = US$1890 average.
Gold Price 2029 <> US$3000 average.

Ⓜatilah $ingapura⚠️ said...

@ Frog Outside Glass

Errr... I don't think so. Mark Cuban on gold. I'm with Cuban on this.

Unknown said...

Denmark banks are paying you to borrow money to buy properties.

Interest rate for whatever amount you borrow is MINUS 0.05%.
That means if you borrow $1,000,000, you pay back $995,000.

Chua Chin Leng aka redbean said...

'THAT'S WHY SO MANY LOSER TYPE SINKIES COME ON THIS BLOG & OTHER SOCIAL MEDIA TO KPKB. It's exactly like those Trump supporter rednecks who are jobless ex-factory workers! LOL!!!!'

WSG, you talking about yourself?

Your stocks are very impressive indeed, if indeed you bought them in 2007 and held till now, and did not buy others that you dare not tell us.

BTW no need to be jealous lah. DBS did not sack any one in this exercise. Just to irritate you a bit, I am collecting 6 figures as a result of this exercise lah. But this is nothing compare to your war stocks. Keep it up, if it is real. But you already admitted in your above comment that you are a loser type. So how real can it be?

Ⓜatilah $ingapura⚠️ said...
This comment has been removed by the author.
Ⓜatilah $ingapura⚠️ said...

Japan has been at negative interest rates since 2016. It hasn't worked.

>> That means if you borrow $1,000,000, you pay back $995,000. <<

What is to stop the bank from reducing the rate another 0.05% (say, for e.g.)?

You've just lost money.

Anonymous said...

@RB,

///WSG, you talking about yourself?///

I come here to TCSS lah. Poke fun at you & others here!! LOL!!!

Couple of years ago, I actually initially was trying to be helpful & hinted at War Stocks since I noticed almost all your readers KPKB about $$$$$$ no enough, CPF kena churi etc etc. But since you & your readers all fuck care, so I also fuck care and just join in kong jiao wey also lah!!! LOL!!!!

///Your stocks are very impressive indeed, if indeed you bought them in 2007 and held till now, and did not buy others that you dare not tell us.///

I actually bought most of them in the early 2000s --- even cheaper & hence even bigger profits.

I use 2007 average prices since your copy & paste pondek brainless non-example uses also 2007 prices.

I paid quite a bit of tuition fees in the markets from 1998 to 2003 or so. But managed not to lose my pants & survived.

/// I am collecting 6 figures as a result of this exercise lah.///

Then I'm happy for you ... REALLY! I'm not jealous lah! :)
But please don't keep all in FDs lah --- S'pore economy needs more retail spending you know!!!

It is almost confirmed that S'pore will be in Technical Recession by this Oct with 2 consecutive QoQ negative GDP growth.

///So how real can it be?///

Real enough for me to retire at 44 with a 7-figure portfolio lorr!! And come TCSS & irritate your readers here!! LOL!!!

BTW, there are a few others I know (all fellow Sinkies) who did even better than me .... Earn average salary like me, but end up with portfolios 2X the size of mine!!! One even 3X!! (but this one is single, no family to support)

WSG
PS: Feel free to recommend my War Stocks to your clients, but 200% I bet they will say you SIAO!!! (typical home-bias Sinkies LOL!!)

PPS: These are just my War Stocks. I also focus quite a lot on Tech and Healthcare and Dividend Aristocrats and Dividend Achievers.

Anonymous said...

Happy for the People here that are making tons of money and their noble intentions to guide others to wealth.
Money not spend to fill the tummy goes to waste and naturally too much assets also means having to constantly guard them, which could be a joy or a chore.
However,
looking at extras that one possesses with no time or life to enjoy them shall ultimately ends up quite meaningless except the glory of being rich.