Author: Financial Horse

Time to invest in Hong Kong / China stocks?

In a lot of my articles last year, I shared that that 2018 was not the right time to buy Hong Kong or China stocks. I wrote that the trade war would escalate in 2019, and that a better buying opportunity would eventually present itself. Fast forward one year, and it’s now nearing the end of 2019. Is this the right time to be buying Hong Kong or China stocks? Basics: Why have Hong Kong / China stocks fallen so much? A picture speaks a thousand words, and the 5 year charts for the Hang Seng Index, and the...

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Top Reads this Week (1 Sep) + Traders Fair 2019

Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group. Disney’s new streaming service may be more popular than the company expects (Yahoo Finance) In a survey of 1,000 U.S. consumers, UBS analysts found that 43% intend to subscribe to Disney+. Breaking those numbers down, 24% said they’re “extremely likely” to subscribe, while 19% said they’re “somewhat likely.” The survey also found that Disney+ is especially appealing to the younger demographic and males. What’s more, of the 1,000 respondents, 67% said they would not cancel their current video streaming services....

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Where to invest S$10,000 in Singapore right now?

There’s this interesting exercise that fund managers like to run. And it goes like this. Imagine that you’re a fund manager and you just raised x amount for a new fund. Because the fund is brand new, you own completely no investments at all. This means that over the next 6 to 12 months, you’ll need to deploy most to all of your cash. What do you invest in? It’s a really interesting exercise because it forces you to set aside all your preconceived notions about investments, and look at them based on current prices. Sure. Mapletree Commercial Trust...

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Giveaway + Top Reads this Week (25 August)

Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group. Exciting GIVEAWAY for FH readers this week, scroll to the end of the post for details! McKinsey Sees ‘Ominous’ Signs of Another Asian Debt Crisis (Bloomberg) Increased indebtedness, stresses in repaying borrowing, lender vulnerabilities and shadow banking practices are some of the concerns cited by McKinsey in an August report. Whether building pressures are “enough to trigger a new crisis remains to be seen” but governments and businesses need to monitor potential causes, authors Joydeep Sengupta and Archana Seshadrinathan wrote. Why...

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How to use Alipay / WeChat Pay as a foreigner in China? Can Singapore keep up with mobile banking licenses?

For those who missed it, Financial Horse is currently based in China. And one thing that has always mystified me about China is Alipay and WeChat Pay. In Singapore, we are familiar with our Visa and Mastercard, and if that fails, we can always fall back to use good old fashioned cash. In China, it’s really all Alipay / WeChat Pay, and if you ask to use cash, you’re just going to get a blank stare. Case in point, the first taxi ride I took from the airport to my accommodation, I asked to pay in cash, and after...

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Top Reads this Week (18 August)

Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group. Recession Countdown Begins: Treasury 2s10s Yield Curve Inverts For First Time In 12 Years; 30Y Yield Drops To All Time Low (Zero Hedge) Critically, as Jim Grant noted recently, the spread between the 10-year and three-month yields is an important indicator, James Bianco, president and eponym of Bianco Research LLC notes today. On six occasions over the past 50 years when the three-month yield exceeded that of the 10-year, economic recession invariably followed, commencing an average of 311 days after the initial signal. If...

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National Day Promo ends this Sunday!

Okay, I have to admit, the horse in a suit pic doesn’t really have much to do with this post. But it was really amusing so I stuck it there anyway. What this post is about though, is the Financial Horse Complete Guide to Investing for Singapore Investors that launched last weekend on National Day. And as a way to give back to all loyal readers of Financial Horse, there was an early bird promo that cut the usual price from USD299 to USD199. The promo ends this Sunday, and I probably won’t be doing anything similar any time...

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Answering common questions from Singapore Investors [Ask FH]

I know that I’ve been a bit slow with this edition of Ask FH, so my sincere apologies. I’ve spent the last 9 months trying to condense everything I know about investing into an online course (the Complete Guide to Investing for Singapore Investors), and I truly believe it is the best framework for investing for Singaporean investors out there today. If you’re an investor who is unsure about your current portfolio and asset allocation, going through the FH course can really benefit you, as the course will teach you a sound framework to further your investing journey. The...

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Top Reads This Week (11 August)

Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group. And just in case you guys missed it, the Financial Horse Complete Guide to Investing for Singapore Investors launched yesterday! I’ve spent the last 9 months compiling everything I know about investing into this guide, and it’s all available to you now. Check it out here! Hong Kong’s finance chief says record currency reserves give it enough fire power to ward off any attack on currency, recession possible (SCMP) Hong Kong’s Financial Secretary Paul Chan Mo-po says if third-quarter GDP...

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Rate cuts and RMB Depreciation – What next for Singapore investors?

What a week it has been! Or rather, what a momentous 10 days in the financial markets! Basics: What happened the past 2 weeks? It’s been an absolute roller coaster the past 10 days, so I’ll just summarise the key bits here: US Federal Reserve cuts rates 25bps. Jerome Powell indicates this is not the start of a rate cutting cycle, but rather a “mid-cycle adjustment” Literally the next day, Trump proposes 10% tariffs on the remainder of China’s exports to US China retaliates the following week by allowing the yuan to depreciate below the psychological 7 barrier US...

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Launch of Financial Horse Course + Early Bird Promo

The most common question I get on this site is: “I am x years old. I have y dollars in the bank. How do I invest my money?” After answering countless reader questions and Ask FH questions, it started becoming obvious to me that the response to all these questions were all broadly similar. There was an underlying set of considerations and framework that applied to investing for Singaporeans, that could be used to address all these queries. And I knew that I had to share this framework with readers in a way that was more efficient than replying...

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Top Reads this Week (4 August)

Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group. Latest Trump tariffs to directly hit consumers (CNA) “This hits consumers straight on,” Steve Pasierb, president of the Toy Association, said in an interview. “This is finished products. It’s not raw materials.” The tariffs, a 10 per cent levy on US$300 billion in Chinese goods that Trump said would go into effect on Sep 1, is expected to affect just about all finished products imported from China. Shares of retailers fell sharply Thursday, with the biggest drops affecting a group that included Best...

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Investing in Thailand, Indonesia and Vietnam (FH Podcast)

This week’s Podcast guest is the CEO of ShareInvestor, Mr Christopher Lee. Mr Lee has more than 25 years of working experience in the IT and media industry. Mr Lee is one of the founding members of ShareInvestor and was instrumental in the development and expansion of the business. Mr Lee started his career as a marketing representative with IBM Singapore and has assumed various responsibilities including sales, marketing, training and management in his tenure with IBM. Mr Lee holds a Bachelor of Engineering (Hons) from NUS and an MBA from NTU. I had the chance to sit down...

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Invest Fair 2019 + Top Reads this Week (28 July)

Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group. Scroll to the end of the post for more information on Invest Fair 2019! A Bear Market Checklist To Thriving In A Downturn (Financial Samurai) The real challenge is living your best life during a bear market, which tends to happen every 3.5 – 10 years since the early 1900s. Bear markets are usually a time of worry and remorse. 1) Make sure you have enough cash to last through a downturn. 2) Make sure your portfolio is diversified enough...

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Is it time to sell REITs and prepare for a global slowdown?

A Patron member recently posed this question (details changed slightly for privacy reasons): I’ve been reading that some big name REITS like Mapletree and Capitaland valuations are getting very high and upsides are getting limited. Some are even selling to lock in profits first. I’m a long term investor and funds in REITS are for retirement in 20yrs. Should I lock in the profit or just continue on collecting dividends. Some of my capital gains is around 20-30%. And you know, that’s exactly the question I’ve been wondering myself after watching REITs tick higher every day. I previously shared...

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