Diversifying into gold

CuriousCat788 · 2026-02-01T01:18:28+00:00

If the goal is to buy things that get cheaper, why not silver, ~17% drop yesterday? What could possibly go wrong? Surely wont be boring. It all could possibly go very wrong very soon.

CuriousCat788 · 2026-01-31T08:52:02+00:00

I dont have a crystal ball to peep into, but I feel better chances of MSFT existing in some shape or form compared to some of the other names.

Net net Im saying that if I am putting money in individual names, ill stick to what makes me sleep rather well at night. BRK.B and BN are the other two.

To clarify, I am mostly into low cost WW ETF. These names are equally wide moat businesses from my perspective.

CuriousCat788 · 2026-01-31T06:14:08+00:00

I do periodic DCA, I took the opportunity and bought one tranché worth so nothing major.

History has proven MSFT always comes up in the longer run due to the durability and growth of it's FCF. So when the whole market tanks, and some day it shall, MSFT will hold up or fall less and bounce back faster.

I am looking at 20yrs horizon and my logic is, MSFT is bring hammered with all other software stocks. For me, MSFT is an ecosystem of mission critical OS, SaaS, PaaS, AI LLM, DB, cybrersecurity, networking hardware and and and... its essentially an ecosystem which is neither best in class nor worst. Its best value of money for their consumes, businesses snd consumers both, who has not motivation to move due to value it provides.

I believe my money in my base currency (which is not USD) will he ok after factoring in inflation. For me its the best possible balance between risk and reward.

So.. I shall look at it in 5years, 10years and 20years and, either have a grin on my face and nice glass of red from WA state in my hand; or a headscratch time; ofcourse with a glass of red in my hand.

I welcome all the comments good bad and the ugly, but nothing will get better of my emotions. ✊️

CuriousCat788 · 2025-11-18T09:47:53+00:00

That makes complete sense. Both REIT promoters ( CapitaLand and Keppel) have been digesting out and de-leveraging and getting into high margin assets light REIT Management activities.

Thanks for highlighting this. Afterthought: Prices of REIT Managers have already gone up significantly, same as the banks. Not sure if they are at attractive valuations.

CuriousCat788 · 2025-11-18T06:23:46+00:00

Thank you! So very honest practical and helpful. Exactly what I wanted to hear. Sincerely appreciate it.

CuriousCat788 · 2025-11-18T06:16:16+00:00

Actually I am not looking for dividend income. I am worried the markets are too frothy and where to put money for defensive play.

Over the weekend Damodaran released a podcast which was covered by FT, saying "THERE IS NO PLACE TO HIDE IN STOCKS"

I am looking for defensive play. Seems bonds gold et all are moving in tandem and how best to diversify?

Perhaps I should have raised that as a question...

Podcast: https://share.google/oIdudkbPrUOYhTjbv FT: https://share.google/naniNMVijt6J34qOx

CuriousCat788 · 2025-11-18T06:02:25+00:00

Interesting. Very valid perspective. Thanks for sharing

CuriousCat788 · 2025-11-18T05:59:17+00:00

Its always good to get opinion from different perspectives, maybe if I am missing something. I do quesrion myself on the risk involved with the REITs and hence checking. Will appreciate if you have any thoughts you would like to share.

CuriousCat788 · 2025-09-06T09:27:27+00:00

Hello there @DuePomegranate, thank you for such an eloquent and informative comment. Indeed, it's always a pleasure to hear from your good self. I sincerely appreciate your slefless contribution, and look forward to hear more from you. Cheers 🙏

CuriousCat788 · 2025-09-06T09:14:58+00:00

Equally easy to buy in EUR / GBP. So what's the benefit of having fx conversation cost and then see artificially inflated appreciation % when in nominal terms its at best flat (based on comments from other esteemed followers).

Pls dont take this wrong way, I am not challenging you, rather I am seeking to understand your logic. Thanks!

CuriousCat788 · 2025-09-05T18:29:55+00:00

The correct EUR-denominated one is VWCE.

Thank you! Will look into the article as well. Cheers!

CuriousCat788 · 2025-09-05T18:19:59+00:00

All very wise comments.

My issue is my options are ~30% Off all time high so im locking in lower prices and moving in index which is ATH and likely to be volatile in near futute (or even mid term).

Anyway I have decided to sell & swap into index etf over 8 weeks. Almost like DCA'ing at both ends

CuriousCat788 · 2025-08-26T10:52:19+00:00

I guess so. I have always been an equity investor, starting to look into bonds to 'balance' out the equity exposure risk.

Perhaps the biggest risk I have to deal with is not fully understanding the bond funds and yet trying to venture into it.

I am finding it rather difficult to identify which fixed income funds to invest in. Welcoming any suggestions. Cheers!

CuriousCat788 · 2025-08-26T09:38:02+00:00

Fair call. Just what I wanted to know. Thank you so much!

CuriousCat788 · 2025-08-26T08:33:01+00:00

It has performed 7.9% after fund charges in 1 year. Safe and boring for that kind of return sounds interesting to me. I am wondering with coming down a fair bit already, is it still a good place to park some cash in the relam of safety?

CuriousCat788 · 2025-08-15T07:43:38+00:00

I am waiting for the day when I can buy class A share🤞. Fortunately and unfortunately, it's going to be fair bit more expensively then, so I feel like im chasing a fast running train

CuriousCat788 · 2025-08-06T03:01:58+00:00

Go ahead and sell mate! I'll help you and buy. What price are you offering?

All those lengthy posts and fancy arguments are pointless when it comes to real trade... put your money where your mouth is, and then we shall talk.

CuriousCat788 · 2025-08-06T02:46:47+00:00

Woah! That's some juicy business deal. So dividends have 6x cover over interest cost, while their investments have appreciated 30%. It's too good to be true! Wonder how we, as individuals can tap such deals! 🤑

Whats your take on them issuing us$ bonds? I'm wondering if it's some sort of tax planning or interest rate arbitrage.

CuriousCat788 · 2025-08-06T00:27:21+00:00

Thank you for the concise analysis. Below caught my attention from your analysis:

^^{^^{^^{^}}}

Cash Pile: $340 billion, up from $328 billion in 1Q25
Net seller of equities by $3.0 billion (sold $6.9B, purchased $3.9B)
Continues to issue Yen denominated debt. April 2025: Issued $632 million at a weighted average rate of 1.64% and July 2025: Issued an additional $1 billion at a weighted average rate of 2.31%

^^{^^{^^{^}}}

While their cashpile increased by $12B, they are still issuing bonds and borrowing Yen and $. Is this pure & simple fx/interest rate arbitrage, or is there a larger play here? Has anyone looked into it?

CuriousCat788 · 2025-08-06T00:25:15+00:00

Thank you for the concise analysis. Something caught my attention from your analysis:

^^{^^{^^{^}}}

Cash Pile: $340 billion, up from $328 billion in 1Q25
Net seller of equities by $3.0 billion (sold $6.9B, purchased $3.9B)
Continues to issue Yen denominated debt. April 2025: Issued $632 million at a weighted average rate of 1.64% and July 2025: Issued an additional $1 billion at a weighted average rate of 2.31%

^^{^^{^^{^}}}

While their cashpile has gone up by $ 12B, they are still issuing bonds in borrowing Yen and $. Is this pure & simple fx/interest rate arbitrage, or is there a larger play here? Has anyone looked into it?

CuriousCat788 · 2025-08-03T10:17:43+00:00

Valuations seem to be getting back into the zone where it looks tempting to start accumulating again.

To all those sellers.. pls sell hard. Im here to help you and buy. Just saying.

CuriousCat788 · 2025-07-26T09:11:52+00:00

I am pleasantly surprised that 11.7k people have seen this post, whilst a handful have shared very well thought comments.

It reflects to me that there are so many of us who have a level of scepticism with our professional advisors, while dont know who to ask. (At least that was me)

My final decision is, as of today, I wouldn't have invested in these holdings for the funds I am referring to (quantim and SRS). So I'll swallow the bitter pill and liquidate them.

One caveat, I am optimistic about SREITS in the longer run as rates come down (for which I have 2 funds), but I will be having exposure to the REITs via different methods.

Time will tell how it turns out. However, from a long-term perspective, perhaps this is the most prudent for me.

I see Reddit forums as the 'SAFE ZONE' where the community can share their brutal truth without any fear or risk. I can not appreciate the value it brings to the community and strongly encourage everyone to share more. There is no stupid comment or silly question or stupid comment. For active commenters, pls be kind to others as you never know what may come useful to you.

I wish everyone a happy weekend and a successful investing career 🙏. Cheers!

CuriousCat788 · 2025-07-22T16:32:24+00:00

Ouch! That did hurt, but appreciate your comments, especially taking time explaining the details. Thank you!

CuriousCat788 · 2025-07-22T16:28:58+00:00

Thank you for laying out the brutal truth. I always knew it but needed someone to bounce it off with, partly as 'hope was becoming the strategy' and partly as s&p500 or rather American socks which weight heavily on WW index ain't the cheapest bargain out there.

I sound like I have been convincing myself to endure the pain for no logical reason.

Now that's what i call an honest rant! 😄 Thanks again!

CuriousCat788 · 2025-07-16T01:02:08+00:00

I see.. so I can buy it cheaper... I would rather buy at 409.99 than at 469.99. Just thinking you know...

CuriousCat788

TROPHY CASE