Comments on: Passive Wealth Generation: From Zero to a Million Dollars in Five Measured Steps

By: rokawa

rokawa — Sat, 15 Oct 2011 13:31:21 +0000

there’s no need to diversify stocks.
Pick n hold “good” stocks. No need to hold 10 or 20 stocks.
the actual term for diversification is if u invest in stocks, then u if u wan to diversify it means u also invest in other asset class like commodities or real estate.
When u buy company A B C D etc, u are still investing in paper assets which is not diversification.
if buying dif companies is diversified, when market crash when panic selling happen, every stock will drop.
how come your diversified portfolio of stock do not help to limit the loss? Coz they are all under the same asset class.
if u had invest in gold, and stock amrket crash, gold price rise. then yur portfolio may suffer losses in stock market but your gold assets will help u make money.

By: Guest1

Guest1 — Sat, 30 Apr 2011 19:12:20 +0000

in this article, you mentioned one should hold a little cash (if for long term investment). And you did hold a little cash.
But, your current portfolio shows that you hold more than 50% cash. Can you enlighten me why you have a different strategy ? Thanks

By: Patrick

Patrick — Wed, 07 Jan 2009 08:37:22 +0000

rnI know this article was from awhile ago, but thought I should comment on this comment above.rnnbsp;rnYes, saving accounts in some countries are good, i.e. Australia was giving out on average 6-7%p.a. on savings accounts with no strings attached like FD accounts etc.. most do have a smally monthly maintenance fee.rnnbsp;rnThe problem to this approach isrnnbsp;rn1. Are you able to open an account in the country of choice?rnnbsp;rnIf you have some way of getting yourself “outstation” to your country of choice, then perhaps you can meet their ID checks and open an account.rnnbsp;rn2. Risk of FX lossesrnnbsp;rnFor example, based on your comment made in 20, May. SGP -gt; AUD was about SGD1.2 to 1 AUD.rnnbsp;rnAssuming you had transferred $50k SGD into this saving account, as of today 7 Jan 09, you are in a negative position because of the large drop in AUD against SGD, even taking into account a 8%p.a interest given.rnnbsp;rn3. Lastly the hassles of moving this money, especially those in large amounts in and out of the country via TT etc..rnnbsp;rnI could be wrong, just my thoughts.

By: underaged investor

underaged investor — Mon, 19 May 2008 14:50:53 +0000

Why must I invest in S-Reits that offer abt 5% yield PA and expose my cash to so much risk when overseas banks in the US or Aussie offer much better Interest rates (Savings) without the risk in the stock market?

By: Singapore stockmarket

Singapore stockmarket — Mon, 05 May 2008 13:43:01 +0000

great site

By: fund accounting

fund accounting — Fri, 29 Jun 2007 08:25:05 +0000

fund accounting…

Hi. Thanks for the good read….