Invest
Quick update – end July
By Rainbow Coin  •  July 29, 2018
What have I been up to this month?
Opened an account (in USD) with SAXO and reading up on some US companies. In the meantime, I am trying to find out more on the custodian fees involved before dipping my toes. I have pretty much given up hope to buy SIPs through DBS Vickers, although I have been highly interested in ETFs and Warrants. They are very strict about financial backgrounds and not even passing the online assessment at ABS-SAS can qualify for the account 'upgrade'. It is kind of silly how they are promoting investment in ETFs on the Vickers website, yet the only way to get our hands on ETFs is to open a unit trust account and buy Nikko AM STI /Singapore Bond ETFs (sorry there's no other choices for the noob-investors) via the DBS Regular Savings Plan. The pro for buying SGX-listed ETFs is that there is...
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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