OK, I may be “WOLS” (internet-speak for being slow on the news), but I would like to highlight that from 14 Jan 2019 onwards, you are able to purchase the State Street Global Advisors SPDR Gold Trust (or better known as the SPDR GLD ETF) in lot size of 5 shares, down from the previous lot size of 10. According to an announcement by State Street Global Advisors on 10 Dec 20181, this reduction allows “…more Singaporeans, including Central Provident Fund (CPF) Investment Scheme members, to efficiently invest in gold…”. It also emphasized that gold “…historically acted as a portfolio diversifier, particularly during times of market volatility”, which I agree as I am a believer of diversification. So what does this mean for The Bedokian Portfolio investors? There are two issues which I will mention here. Issue #1: Bedokian Portfolio Starting Amount In my eBook, I used the SPDR GLD
About The Author
My first encounter with the financial markets started in the aftermath of the 2008/2009 Global Financial Crisis. Before this, I had no notion of what investment and trading were, although I had learned about economics, business management and accounting back in my university studies. I was a trader when I first started, albeit an amateurish one, and trading was just a side hobby of mine ...
April 7, 2019
October 13, 2014
August 15, 2012