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Equity Management #14 : Starting positions of my leveraged account.
By Growing your tree of prosperity  •  June 1, 2017
This is going to be a short post. Following up on my previous post, I have managed to set up a margin trading account with Maybank Kim Eng and used $10,000 from May's dividends pay-out to get started on a portfolio with leveraged yield. I chose four starting positions which has the following criteria - Must yield at least 7% and has to contain stocks which I do not currently own in my main portfolio. With the exception of Manulife, the financial costs of the leverage is about 2.88% with Manulife going at 3.5%. [ I really hope no one tries to replicate my four stock choices, for one thing, they do not exist in my main portfolio and are chosen to diversify my holdings further.  This blog does not make stock recommendations or give financial advice. ] My "suicide squad" of four stocks are : Frasers ......
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By Growing your tree of prosperity
I have recently completed my Juris Doctor and I am waiting to be called by the Singapore Bar. For the past 15 years I was an IT manager and I have worked in multinationals, financial exchanges, trade unions and even a government agency. I started my career as an AS/400 administrator and moved on to manage IT projects and operations
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