If you 2 agree with Alibaba's "cheap" value and similarly bullish of its growth prospects, consider investing in its listing in HKSE instead of NYSE. It's cheaper if you're a SGD salaryman like me, and there is no WHT on its dividends, if Alibaba starts distributing them one fine day.
If you're a non-US resident like me, CSPX may be a better alternative with the lower 15% WHT versus the traditional 30%. S27 is the best option for Singaporeans trying to invest through their SRS account. You may consider subscribing auto-invest for the Big 7 or any individual constituents to increase your growth (and risk) potential ratio.
Better to just buy into the CLR or CFA ETF that holds all these S-REITS. Achieving the same average yield even after deducting annual magament fee, while reducing the amount of capital needed to invest into the individual REITs and providing risk diversification 👍
Although there is a tentative agreement between President Biden and Speaker of the House McCarthy, it must still be ratified by Congress next Wednesday. The problem is that the Republican party does not exactly speak with one voice. Fifteen rounds were needed just to elect McCarthy speaker of the house. Already 78 times the debt ceiling of the United States has been raised. The U.S. Constitution states that only the U.S. Congress may determine how much the U.S. government can borrow. Therefore, until 1917, every U.S. government loan had to be approved by Congress, but since the Second Liberty Bond Act of 1917, only the maximum size of the debt is set by Congress. If the president and Congress are of the same colour, an increase is a hammerlock. Similarly, when there is a Republican preside