boreddividend

mostly about boring companies that I like.

[boreddividend @boreddividend]

Hi everyone! I'm a millennial from Indonesia - one of the biggest economy powers in Asia.

I'll use this account mainly about investing, but I also like other things like gym and travelling.

I'll tweet in English a lot - but sometimes I might use Indonesian language as well.

[Boring_Business @BoringBiz_]

Just holding the QQQ index over the last 10 years would have generated a 22% IRR

You would have outperformed almost every venture capital and private equity fund that exists simply by owning an index and doing nothing beyond that

It is a fallacy that retail needs access to private markets to generate good returns

The reason you see many people push for this is because they want exit liquidity on their own positions. Nothing more

[boreddividend @boreddividend]

https://t.co/cTl2DltmnE

tally with my observation (although I put it in Bahasa haha).

[OK Then @okaythenfuture]

The tragedy for Southeast Asia is that all its tier 1 megacities basically consume as if they're richer than LA or Chicago or London,

but they lack the centuries of accumulated industrial and property wealth that underpin all those first world metro economies,

end result is a lot of consumer/family debt, extremely low fertility, and just endless status games.

They are essentially the cities that Instagram wrought.

[boreddividend @boreddividend]

i'm not sure on what's wrong and which one is right, gue di titik percaya bahwa kalau you hidup dengan gaji UMR dan bisa survive di bawah gaji UMR per bulan,you can build wealth properly here.

unless - you have a family with kids.

[boreddividend @boreddividend]

kesimpulan gue adalah bukan karena pendapatan bulanan di Indo itu rendah, namun karena aspirasi hidup kita terlalu tinggi.

salah satunya karena brainwash media sosial.

bangun di pagi hari, buka instagram, cek 10 stories udah banyak jenis: liburan ke Thailand/ Jepang, pilates...

[boreddividend @boreddividend]

matcha 3 kali sehari, isi air putih pakai tumblr jutaan rupiah, stroller bayi puluhan iuta, masuk TK uang pangkal puluhan juta, dll.

padahal kenyataan di Indo itu majority of us are just try our best to barely survive here.

[Steve Hall @ProfHall1955]

Must read. In one interview Michael Hudson identifies the root of today's grossly unfair, unstable economy and sums up almost everything I've been clumsily trying to get across on this site over the past couple of years. Please share. https://t.co/OfwOG8A7UQ

[boreddividend @boreddividend]

@aldotjahjadi8 technically it's "free" now.

just need to buy Indo based investment and keep the maturity for 3 years.

a little bit troublesome but i think still doable - like they say - "in this economy", haha.

[Dividend Growth Investor @DividendGrowth]

I often think about this

[boreddividend @boreddividend]

@TheEconopost yah masa gak 3000. kurang murah buat belanja.

[boreddividend @boreddividend]

@desmondwira kalau 10% baru lah ambrol beneran 😅.

baru 7.1% sih chill aja seharusnya ya.

[boreddividend @boreddividend]

@bluecandleway tapi kenapa retail investor butuh arahan?

masing2 individu seharusnya bertanggung jawab dengan keputusan investasi masing-masing.

toh juga sudah kenyang kemarin dapet ribuan persen (katanya) dari saham gorengan, hahaha.

[boreddividend @boreddividend]

@kangrozin starting to be lovely to fish around.

[boreddividend @boreddividend]

a massive emergency fund - at least cover 3+ years of living cost assuming i got laid off tomorrow.

[World of Statistics @stats_feed]

What massively improved your mental health?

[Cernovich @Cernovich]

I’ve always said that if you’re a single man, why are you jaded about home prices? S&P has way better returns. Work a job, invest the rest in VTI and QQQ, and then buy a house when it’s baby time. Home ownership is low ROI on capital except in hot markets.

[Dividend Growth Investor @DividendGrowth]

It’s funny that after a stock market or a sector gets annihilated, it could present opportunities for investors

There are values out there, but the investors who experienced the contraction end up with the memory of the losses, so they stay clear

The new ones with a clear head and no memory/experience from the losses are at an advantage

Example includes people who owned stocks during the Great Depression, were likely scarred from stocks (1929 - 1954); The ones that weren’t alive didn’t have the mental baggage so they could be bullish in the 1950s and 1960s $DIA $SPY

I saw this with tech stocks, which really had a terrible 2000 - 2013, which scarred many (myself too). In hindsight, investing would have worked great, if you didn’t have the mental baggage from the dot-com bust $QQQ

Same thing with financials, which experience the GFC. They’ve done well since the end of GFC - $XLF

Energy did experience almost a “lost decade” 2014 - 2022, though things didn’t really turn ugly until Covid $XLE

These are some random thoughts that probably only make sense to me, as they deal with being scarred from investments when you experience the loss periods, and potentially not participating when they do appear cheap and promising (so you miss out potentially). Your investment experiences do shape you.

The flip side of course is if you have only experienced a roaring bull market, you may not be mentally prepared for an extended bear market (e.g. a lost decade like the 1930s, 1970s, 2000s)

This is where it is important to have a strategy to follow, and stick to it.

[boreddividend @boreddividend]

it should be more.

3000-3500.

comfortable position to buy everything on discount 😴

[Tiger Thesis @TigerThesis]

It feels so surreal that Indonesia’s stock index falls below 6,000 points…

Imagine well-known growing blue-chip stocks with healthy balance sheets and decent competitive moats trading at single-digit P/E ratios.

I agree that Indonesia’s situation isnt perfect, but its not this bad…

Growing companies shouldn’t be trading at below 10 times earnings, lol…

I think a lot of wealth can be made just from mean reversion…

[boreddividend @boreddividend]

@hsymsns masa iya sih.

kemungkinan besar sih hedon ya.

gaji 6-7 juta cukup banget di jakarta, kecuali mau hidup seperti influencer atau terlalu nuntut harus sempurna seperti fyp.

[Shreyas Doshi @shreyas]

https://t.co/BZ9YpF6DOo

[boreddividend @boreddividend]

kenapa ya paylater itu "identik" dengan kelas sosial menengah ke bawah?

padahal kalau cuma pakai less than 30% - technically it's a free money.

minus-nya ya belum hype banget buat top 1% Indonesians yang love miles (including me).

[Vacation Capital @hastyslowly]

13 tahun yang lalu, BCG, dengan segala data dan risetnya memprediksi jumlah MAC (middle affluent class) Indonesia akan dobel menjadi 140juta orang. Tapi kenyataannya jauh dibawah estimasi.

Padahal seandainya beneran tercapai, artinya 50% udah pake iPhone tanpa paylater

[boreddividend @boreddividend]

i agree - if necessary market will offer 50, 60, or even 70 years mortgage loan.

as long as you're a peasant in the current system - the system will always works against you.

[Finance Guy @GuyTalksFinance]

Berkshire Hathaway would not buy a home building company if home prices were going lower