Homepage
PR Newswire
11-01-2015, 02:19 PM
however many stocks one has or even if he buys ETF monthly or yearly, to me, it still would be one investment cat.
Let me explain:
to many folks out there, perhaps some 80% of singaporeans, their HDB forms their biggest asset. This could be worth say 500k to 1m, depending on location and size.
Now,assuming this is fully paid off, if one is talking about his portfolio of $200k, this portfolio could form up anywhere from 20% to 40% of their entire asset.
Even if he has a basket of 20 or 30 stocks consisting of different companies in different industries to manage their risks, we should not forget that 60-80% of their asset is still one thing, ie their home!
Of course, when their portfolio grows to say 5m, this figure will probably dwarf their home cost. Having said that, when that happens, many might give up their HDB for a condo or a small landed in a land scarce Singapore.
Let me explain:
to many folks out there, perhaps some 80% of singaporeans, their HDB forms their biggest asset. This could be worth say 500k to 1m, depending on location and size.
Now,assuming this is fully paid off, if one is talking about his portfolio of $200k, this portfolio could form up anywhere from 20% to 40% of their entire asset.
Even if he has a basket of 20 or 30 stocks consisting of different companies in different industries to manage their risks, we should not forget that 60-80% of their asset is still one thing, ie their home!
Of course, when their portfolio grows to say 5m, this figure will probably dwarf their home cost. Having said that, when that happens, many might give up their HDB for a condo or a small landed in a land scarce Singapore.