Author: SINGAPORE STOCKS INVESTING (SSI)

What US Debt Ceiling Resolution means to Singapore Stocks?

US debt ceiling matter is resolved and this resolution is within the expectations of the markets in my opinion. We just need to observe that the local stock markets did not head too much to the south before the debt ceiling timeline. With the impasse in the US debt ceiling over, I believe Singapore stocks should benefit though the benefits from the success in the debt ceiling matter may not spill over evenly among stocks. Investors may shift their interest from stocks in the third-tier category of stocks to blue-chip stocks as a result of renewed confidence in the...

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Of Soccer and Insurances

I read an interesting article in The Sunday Times of 13 Oct 2013 in which the author shares with readers that he engages in betting the soccer team he does not support so that if his favourite soccer team wins, he will be happy and if the team does not win, he will be happy too as he will have won some monies and not feel the blues of not having his favourite team win. While I applaud the author for coming out with such a novel concept, I was also thinking that if I were the author, I...

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Every stock is a Good stock

The education ministry in its bid to make every school a good school is sending some of its most highly regarded principals to helm some neighbourhood schools to support its mantra of “Every School is a Good School”. I think about this proposition and somehow extend this thinking to stocks investments. Can every stock be a good stock too? I asked myself? Just as the top management (i.e. the principal) is important to a school so much so that the education ministry also believes that a good principal can improve certain aspects of a neighbourhood school’s performance, the management...

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Investments in Curry

Yesterday, I read an interview article in which the interviewee, a businessman opined that Singaporean workers do not play the corporate game well. The interviewee highlighted how an foreign colleague of his likes to “engage” (in my own words) his bosses and leave an impression as an capable employee on them and this gave him an edge in promotion than the interviewee. I have used a good term for “engage” when I can in layman’s terms and understood to most Singaporeans; use the word “curry favouring” as the same meaning was implied in the same article. In my post...

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Frasers CentrePoint Trust

I am quite attracted to Frasers CentrePoint Trust though I do not really have a large chunk of my portfolio in Reits or Business Trusts. The two Reits and Business Trusts which I have in my portfolio were bought at the IPO of the stocks. The aim of my stocks portfolio is to generate good returns and no doubt though Reits and Business Trusts offer a steady stream of dividends, my preferences are more on cyclical stocks as I like to trade cyclical stocks in line with my quite adventurous streak. But having said the above, this does not...

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More bucks from your spending: Credit Cards & Rewards Cards

It is reported that more people can be getting more and more reckless with their credit cards, taking on credit that is over and above what they can afford and paying high interest rates on their credit. In view of the above, there are rules and regulations enacted to prevent people from over-leveraging on their credit. Some people do not want to have a credit card as they do not want to be tempted to take on credit card debt which may be creeping up gradually if they do not have a strict discipline. In my own opinion, I...

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Stocks Take

The Singapore stocks markets are moving in tandem with what Obama, his Republicans and the Federal Reserves do. US Budget, US Debt Ceiling, Tapering from the US. The Singapore stocks markets are also moving in tandem with the financial updates from Europe (Europe has also some debt updates). The Singapore stocks markets are also moving in tandem with China’s economy. Amidst all the stock markets watching, I think it is still a good time not to be too focused on all the buzz from the US, Europe and China but rather concentrate on our own stock portfolios and also...

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Protect your monies: Discretion

I received an SMS this afternoon, informing me that my email address was selected from a lucky draw and I won 90,000 pounds as a result. To claim my prize, I would need to send some particulars to an email address. From the suffix of the email address, I realised that the sender of the SMS was from Thailand. I am very happy as I have now 90,000 pounds with no capital invested. 90,000 pounds won in this manner is so much better than my current investments in my stock portfolio amidst the current global market gyrations.Don’t worry; I...

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Your Job as an Investment

For many of us, we rely on our jobs for income. We trade our working hours for the monies we get in the form of our salaries. Our job is like an investment, we enter into the job, not knowing how our job will pan out. We do not really know whether the job will turn out well to be good for us, whether the job is suitable for us and whether the job is something that we like to consider it as our career. In summary, we do not know the returns of the job until we are...

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Passion as Profession, have a Financial Backup plan first?

Yesterday, I watched a show on Channel 8 which featured two men who have switched gears from their high paying professions into something that is quite unconventional in Singapore: urban farmers. I saw how the two men went around looking for plots of land in the city to grow vegetables and rear bees, which are just some of the work they do in their new jobs. One of them earned a five-figure monthly income before becoming an urban farmer. According to the duo, they do not really earn too much of their income now but they are happy doing...

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US Debt Ceiling Talks and Quantitative Easing tapering on Stocks

I think many investors are thinking that the US Federal Reserves will not be tapering the Quantitative Easing because of the US Federal Government shutdown and the debate of the debt ceiling. In my opinion and from what I have read, investors here may not have really understood what a US government default on its debt may have on the global economy if the US government does not manage to raise its debt ceiling in time. According to a report I read today, the US government debt is USD $12 trillion and that is USD $12,000,000,000,000! The amount of...

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Singapore Penny Stocks: what’s next?

Amidst talks of the US Quantitative Easing tapering, the Singapore stocks markets have been trading, if I may say, cautiously or in a consolidating manner. Penny stocks have been chalking up the top volumes stocks with profits until the suspension of three stocks: Asiasons, Blumont and LionGold by SGX. When the three stocks resumed trading yesterday, their stock prices headed south by around 70% to 85% and their price directions also shaped the price directions of other smaller-cap and penny stocks as many of these stocks also headed south in their stock prices. The top volume stocks were still...

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Changes in Investing rules and what Investors should do

After the stock markets opened this morning and the trading halts on Asiasons and Blumont were lifted, investors wasted no time to show their dislike for what they have read and heard in the news about these two stocks: at one point in the trading day, both stocks headed south by almost 90% in the early part of the trading hours. I saw how Blumont went as far as 85% south to a low of $0.12. If we were to look at the previous closing prices of Blumont before the SGX intervened, the closing price of Blumont was as...

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Insurance industry to get an overhaul

As reported in today’s The Sunday Times, the local insurance industry here will be getting an overhaul (if I may use this word). Singaporeans who wish to get an insurance policy need not go to different insurance companies and their agents to understand their products to make an informed comparison as there will be a centralised website that will help Singaporeans compare products catering to their needs from different insurers, this will save Singaporeans time and efforts. Another overhaul will be the structure of and the quantity of commissions given to insurance agents from their sales deals. While I...

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My First Investment

My first investment was with an insurance firm, with $8,000 of my savings invested after some sales talk from a sales person of the firm. I was somehow lured into the lucrative profits as said which could be earned from investing in the fund. That was in year 2007 when the fund that I invested in was a global properties securities fund. The fund price I bought was $1 and after my purchase, the fund price headed north slightly but then when the sub-prime mortage crisis of year 2008 came, the fund headed south to $0.60 and then the...

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