APRIL 2023 Q&A Discussion
Added 2023-05-02 07:17:04 +0000 UTCAsk anything and I will try to answer!
Comments
Never pa ako bumili preferred shares so Hindi ko alam sagot. I would assume 10% din siguro since dividend gains din nmn siya.
TheCheap Gamer
2023-05-30 07:02:46 +0000 UTCTanong ko lang po ilang percent po ang binabawas na tax sa dividends ng preferred shares? thank you po
Carlo
2023-05-30 05:47:11 +0000 UTCMay update po ba ng early access videos?
peacemaker25
2023-05-22 15:25:19 +0000 UTCThanks for your insights!
Alvin de Jesus
2023-05-04 02:18:07 +0000 UTCIf you have means to buy them, then yes. Personally, I don't know any method how you can easily buy them if you are living in the Philippines. So I don't have any knowledge of that question.
TheCheap Gamer
2023-05-04 02:14:42 +0000 UTCWould it be possible then to invest in a low cost index fund in the US such as a Vanguard index fund from the Philippines? If so, would it be more expensive?
Alvin de Jesus
2023-05-04 02:12:52 +0000 UTCI've already said it in my previous reply. It doesn't matter if low cost index funds are better for the vast majority of investors because there's no such investment product like that here in the Philippines. I've said this before in my channel and I will say it again. The mutual fund industry in the Philippines is the same problem that they faced in the US before until Jack Bogle came in and introduced low cost index investing. So for me, my best shot of compounding my wealth is to rather pick stocks on my own. You can still buy Mutual Funds that tracks PSE but for sure, you will need to accept the fact that you will not have high returns compared to a low cost index fund.
TheCheap Gamer
2023-05-04 02:09:28 +0000 UTCForgive my ignorance but that is why I'm asking these questions - for me to learn which is the best way to build my retirement fund. My current knowledge tells me to just put my investment capital in an index fund like an ETF and just compound it. I am not here to argue with you especially if your method is better. I would love to learn more.
Alvin de Jesus
2023-05-04 01:59:14 +0000 UTCWhat Funds in the Philippines do you think can outperform the market or their benchmark? Give me a name before we go to that discussion. That's the same lines academics and professionals use in books and videos. You don't have to repeat them.
TheCheap Gamer
2023-05-04 01:29:57 +0000 UTCDon't you think that a super investor is more of an outlier? How consistent in performance could these super investors be especially if you consider the investing costs and taxes that could eat up returns?
Alvin de Jesus
2023-05-04 01:13:38 +0000 UTCWhat you have mentioned is one of the Big Reasons why a lot of active investors lose. They try to predict the market. I don't predict the market. I buy whatever is the best opportunities out there in the market.
TheCheap Gamer
2023-05-02 22:31:44 +0000 UTCI've been saying that to my channel since the beginning. The problem is that you don't have any low cost index funds in the Philippines. I myself will allocate a big portion of my portfolio to a low cost index fund if I can find one, but so far there's none. And you are referring to the efficient market hypothesis. I don't entirely believe on that hypothesis. There are super investors out there who have shown outperformance compared to the market for several years or decades. The reason I track my performances every quarter is to see if I'm beating the market. So far, I am absolutely crushing the PSEi.
TheCheap Gamer
2023-05-02 22:29:07 +0000 UTCSeveral studies have shown that active investing and individual stock picking has been outperformed by passive indexing in the long term. Moreover, since outperformance in active investing may not be sustainable because "nobody could predict the market", do you think it would it be more prudent for an ordinary individual to put his/her investing capital for retirement in a low cost index fund ( and just develop a robust asset allocation of stocks, bonds and real estate ) instead of trying to outperform the market? Thank you.
Alvin de Jesus
2023-05-02 22:10:34 +0000 UTCYou're broker should be responsible of doing it. That's why they collect commissions and fees. Better ask your broker about it.
TheCheap Gamer
2023-05-02 10:38:44 +0000 UTCAre taxes from earnings from your stock holdings (DIVIDEND, CAPITAL GAINS)does not need to be filed as annual income tax return to BIR?
Noty
2023-05-02 10:03:34 +0000 UTC
