Stock Investor Beating The Market Over 7 Years...

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Newsletter: taychikeng.substack.com/
📍Boon Tee's links:
/ boonteeeng
/ boontee86
boontee.substack.com/p/1716-r...
/ @bagholderpod
/ @four-horseman
📑Timestamp:
00:00 Introduction
02:30 Is asking for an investor's CAGR the right way?
05:15 What does BT look at when trying to befriend an investor?
08:23 Is 17.15% CAGR Investment performance good?
11:30 Investment philosophy to "Beat the market"?
14:08 Time-weighted vs. Money-weighted returns
15:50 BoonTee's portfolio movement
21:10 Is Chinese Tech unlucky, or a misjudgement
24:35 Feedback loop of "Correct Investing"
30:40 BT don't want to beat the market?
35:22 Daily losses of $30K
37:45 Conclusion

[@andyho2059]

I would like a livestream or vid of CK playing mahjong! Something out of the norm…

[@BoonTee]

Thanks for interviewing me!

[@taychikeng]

You're the King👑

[@davidng2699]

BT: The objective of investing is not to beat the market, but to fund our retirement. Best insight. Sometimes we get lost in all the action and forget.

[@BoonTee]

Yup, that's the main purpose!

[@ryanyu9580]

i would think is a step goal. step 1 beat retirement step 2 beat market step 3 beat guru.

[@BoonTee]

@@ryanyu9580 for me is step 1 beat retirement, step 2 enjoy life

[@BoonTee]

@@ryanyu9580 for me step 1 is to beat retirement, step 2 enjoy life

[@88vincent88]

Very good vid

[@dknyw97]

Nice sharing! Love the part about beating life over beating the market

[@anderson6379]

Good consistency of late. Good to see U back in full swing.

[@WernerGrusa]

The US market keeps on marching higher while the HSI keeps going down. In the past 60 years the S&P appreciated by 11% per year. Well, the HSI? same time frame? 19% per year. So chinese and Baba investors (me included) need to see the picture longer Term.

[@taychikeng]

If I may ask, where did you get the HSI 19% p.a. stats?

[@WernerGrusa]

​Google the following: Hsi 1965 average year. Source: Corporate Finance Institute

[@HoneyMoneySG]

Power to Boon Tee, really diamond hands for the long term!

[@taychikeng]

To him, even 10 years is considered short-term. It's still Day 1

[@BoonTee]

@@taychikeng I like that now we speak Bezos language LOL

[@BoonTee]

Chris you got paper handed? Please share more about your investment journey!

[@Shounen_Mania]

@@BoonTee enjoying your latest podcast video with boontie. so, let me ask you this: he admitted he panic sold META. you've been diamond handing your concentrated BABA position for quite some time now. IMO i agree with what BT said in the video about China, it can go either way and we can't really say for certain. that's why i adjusted my own position in china big tech from position sizes similar to yours to smaller ones. is that panic selling? to me, panic selling is what many amateur retail investors do which is invest in a lot of unprofitable growth story stocks into hype and panic sell when it crashes up to 75%, get burned, and decide to get back into the market either too late or even never - getting left behind thoughts? i've also had multiple 5 figure drawdowns in a day/week too lol funny to think of how we play with our money

[@thealchemistinsearch]

All stock pickers usually aim to beat S&P which is widely considered as standard, if not simply invest in s&p which will be just the market returns which is also huge gains in a bull run for 7 figure portfolio

[@BoonTee]

S&P500 (or other broad based ETF like VWRA) is superior because we can save a lot of time and still guaranteed to get the market average return. On the other hand, I still see value in putting the effort to pick individual stocks from education point of view.

[@thealchemistinsearch]

@@BoonTee , i assume ETF/S&P is your biggest holding then? If it is for self study/education, would make sense to invest small % in stock picking. By the way, i stock picked and so far did well, but only beating s&p by a couple of % YTD. But managed to beat QQQ in 1 year duration. It might be pure luck and I honestly believe the if i had invested in s&p as a major and a QQQ as a tech proxy, i would have slept well and did well. The ultimate test is to pass the sleep test! If you can do that stock picking will be just fine!

[@nganphanphuong4388]

Thanks for your insights, Chi Keng. I learnt a lot from your channel. Can I aslo ask for your opinion on using ibkr to buy hongkong stocks? Does trading fee more expensive though I'm very attracted by the exchange rate? Thank you so much in advance for your advice 🙏

[@taychikeng]

Not advice - but I do use IB to buy HK stocks too. I understand that there are alternatives that offer much lower comms. I still have a lot of HK stocks in other brokers right now. It also helps that HK has minimum lot sizes, so per trade requires more capital - compared to fractional US trading which sometimes can cost quite a bit in commissions (if it's not free).

[@nganphanphuong4388]

@taychikeng thanks for your generous sharing Chi Keng. I feel more ensured 🙏

[@son-n3y]

Tay please make more videos on the US stocks like AMD, NVDA, TSLA, RIVN, LCID...this will grow your channel faster

[@TidusVen]

Please, no speculative stocks.

[@yuzu.8492]

Thanks both for sharing great insights. I've just started learning to invest this year while the market is at ATH 😢. May I ask when Boon Tee says the his investment philosophy is for retirement, do you guys still DCA into the market monthly now when the market is at its ATH? Understand that you got in NVDA and other tech stocks a few years ago when they are at lower price, doesn't that mean buying in now will increase the average price? Or do you buy other stocks every month now? Because this is a recurring thing to do in order to accumulate a big enough portfolio for retirement, so I'm curious how you guys allocate the monthly salary? Hope to get your advice, and thanks in advance!

[@BoonTee]

I am not adding to the shiny stocks such as Nvidia, in fact the last time I added was 2022. For me it is a buy and hold. But although overall market seems on the high valuation, I don't think we should stop deploying. For me I still continuously invest in stock market, it just that I have lowered the investment amount since probably end of last year. So every month I have been adding to treasury bill as well. The treasury bill is helpful from emotional standpoint, because I know that I can step up by DCA anytime when I see market is coming down in valuation.

[@yuzu.8492]

@@BoonTee Appreciate the reply, Boon Tee! May I know are you referring to US or SG treasury bill?

[@antonkal]

Akamai up 5 dollars!

[@valval5606]

Hi, jianxi bank collapsed. Do you think china is in another crisis?

[@BoonTee]

CK pls assist!

[@taychikeng]

You check the source of that piece of news again, then update me

[@georgegeorge4456]

How much money or how big is boon tee portfolio?

[@taychikeng]

I think it's close to 7-digits

[@georgegeorge4456]

@@taychikeng same as mine close to 7 digits. Mine is around $9xxk if add in 11 rolex it is close to $1.1m

[@BoonTee]

SGD 819k

[@CyChong-vm2uf]

I see alot of most youtubers always say they are not afraid / not affected as long as the company fundamental is good / s&p is strong, its ok they go down short term bcos they look at 20yrs horizon. History shown the track record. But can that be applicable to a person that is 50/60 who will gradually withdraw their assets gradually to enjoy life? Also how about concern on world changing order, for that 20yr horizon?

[@CyChong-vm2uf]

I think this Im ok bcoz i look at 20yr horizon statement is a very nonvalue added statement

[@CyChong-vm2uf]

Nonetheless still like videos! Good mix of edutainment. BT, I think your videos good content but got to move out from your monotone

[@BoonTee]

@@CyChong-vm2uf Thanks for your comment! On the horizon question, for those who are at senior age, they simply can't take up too much risks in stock market because of the need to draw from the portfolio in retirement age. That's why I always encourage young peoples to start early, so that they can accumulate experience earlier. On the monotone, do you have any course that you will recommend?

[@CyChong-vm2uf]

@@BoonTee Probably I shdnt use age, But ppl who retired early. No salary/biz income. Means they should avoid equity?

[@BoonTee]

@@CyChong-vm2uf the question to ask is if the market drop by 50%, is the person financial still okay? If the asset base is big relative to expenses is big, then can take some risk. Otherwise it is better to keep allocation of risk assets to low percentage

[@ryanyu9580]

is impressive you guys are so open minded and sharing your portfolio and being so transparent. Really love the community spirit you trying to build. i would say following the SG investment blogger does contribute to my portfolio return for the past 1 year.

[@BoonTee]

Glad that we are adding value 😆

[@neverkeelmii]

So in conclusion just index? 😝. Since even BT don’t think he can beat the market

[@taychikeng]

But he did 😉

[@BoonTee]

@@taychikeng temporary only

[@7error8lade]

Personally, when I invest in a stock, in my mind I tell myself that I have already lost all that money. This way even when the price tank, it does not affect me that much. I have a few stocks with the companies filed for bankruptcy and that cost me 10s thousands and it is not a small sum for me. But because of the mindset I have, it didn't affect me much. It is kind of like a "man math" thing. If the moment I invest in a stock I have already lost the money, then there is nothing more to lose. And definitely luck play a big part when it comes to stock cos even though I lost quite an amount, there were still 1 or 2 stocks that doubled and pull me back up into the green. Plus I never panic sell. Instead, if a stock is tanking, and I know the fundamental of the company is strong, I will wait for a good entry point so I can average down. One thing though, I never touch options. I always use what I have on hand to invest. This way I can sleep well every night and not worry on which direction the market is going.

[@taychikeng]

Man Math, I learn something new today!

[@BoonTee]

Sounds like we found the man-math that work for us. Copium helps us from panic sell. This is important, other aspect like picking the right companies or ETFs are also important!

[@stocktradinglive510]

The money is in the waiting not trading

[@BoonTee]

💯

[@mming_my]

My returns beat the S&P 500 in 3 years, all in one stock, lol. But I'm not sure if next month it will beat or be beaten by the index fund lah.

[@BoonTee]

Ballsy!

[@Peter-vk5ih]

U all question on div investing when reits all time low.... now chiong le

[@taychikeng]

Chiong to where though? Idk why people think that we're hating on div investing - the discussion was purely one to explore both the pros and cons. And if you've been following, I do have REITs in my portfolio too (although a small part of less than 5%). I bought those REIT names because I think they're good companies with decent managers and good property exposure and that they are well managed. Not because "dividend investing". I hope it clarifies.

[@BoonTee]

6 out of my top 8 holdings are dividend stocks! To the moon 🚀🚀🚀 🤣

[@KelvinLearnsInvesting]

My QQQ also has a 0.59% dividend yield. To the moon!!!

[@BoonTee]

@@KelvinLearnsInvesting I knew it! We are all dividend bulls

[@HelloWorld-hb7yt]

not investing in Chinese stocks, that's for sure.

[@BoonTee]

The last time I checked, my Tencent holdings is larger than Chi Keng. Please verify this CK 😎

[@stocktradinglive510]

If bill gates have to worry about $1 bio swing in his portfolio, he will go mad, you have to mentality calibrate your volatility norm

[@BoonTee]

💯

[@neojinchuan]

politics and markets dont mix well...

[@zack2415]

Annualized that CAGR across when he began and will you still be getting 17.95% annualized returns ?

[@Tmwl221]

Chi keng , pls be a man , don’t delete criticism, accept it

[@taychikeng]

What specifically are you talking about?

[@munmengkok7882]

Hard to understand the English of the guy wearing black

[@BoonTee]

my bad, will consider taking English class again 😂