Author: Dr Wealth

10 Singapore Investment Blogs to Follow in 2018

Nothing else helps us keep track of the ups and downs in the stock market world than blogs. Aside from the usual reports on the latest news and updates, blogs offer us a new perspective on stock market. This is especially helpful for those investors who are still treading the waters. Blogs provide a space to discuss topics about the industry. More importantly, they give us insights and opinions that ultimately help shape the world of the stock market. In Singapore, where the financial environment is very much alive and well, blogs are one of the best places to...

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What Are Penny Stocks? 6 Things You Need To Know

Content What are Penny Stocks?​​​​ 6 Things To Know About Penny Stocks  1. High Price Volatility 2. Low Liquidity 3. Unreliability 4. Penny Stocks are Only Surface-level Cheap  5. Penny Stocks Are Highly Prone To Speculation  6. Don’t Listen To Stockbroker That Pushes (Penny) Stock Tips To You Conclusion Penny stocks sound so enticing for first-time investors due to its low trading prices. That is why it is easy to understand how a number of people often engage with penny stocks; most especially in Singapore where the penny stock frenzy is still at a rage. However, there is more...

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[Webinar] Profitable Investing Can Be Effortless. If You Know How To Exploit This Arcane Financial Tool

ETFs allow investors to invest in a basket of assets with minimal effort. Alvin explores how you can maximise ETF investing to build your wealth in this webinar.  Look out for these investing knowledge bombs: 2:33 – The painful truth about relying on financial advisors blindly 5:36 – Why Investment-Linked Policies (ILPs) are ticking time bombs, as explained by an insider from the insurance field 7:16 – What is an Exchange-Traded Fund (ETF)? 8:02 – What is an Index? 9:15 – What is the Straits Times Index (STI)? 13:02 – What does ‘Passive’ mean in investing, can you be...

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[Book Review] Your Complete Guide To Factor-Based Investing by Andrew L. Berkin and Larry E. Swedroe

The top minds in Economics have been trying to crack the code to profitable investing for over 40+ years. They have finally found something practical and useful. They found characteristics that are almost perpetually present in stocks that provided great returns. These characteristics are termed as ‘Factor’ and the methodology, Factor-Based Investing. In this video, Alvin reviewed the book ‘Your Complete Guide to Factor-Based Investing’ by Andrew L. Berkin and Larry E. Swedroe. He shares his biggest takeaway from this book, that will be very useful for small investors. Look out for these tidbits in this video: 0:00 – Introduction...

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50 Best Venture Capital Firms in Singapore 2018

Singapore is undeniably one of the small city-states that continually impress with her thriving economic system. This can be greatly seen in the number of startups that are growing in the country. Just in 2015, the number of start-ups reached 48,000. One of the reasons behind the rise is the presence of venture capital firms. The role these firms have is to provide capital, technical resources and business advice to increase their likelihood of success. Venture capital firms, as explained in Investopedia, are a group of investors, investment banks, and any other financial institution that provides venture capital. Note...

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2017 Annual Letter To Reader of Dr Wealth (formerly BigFatPurse)

We started this annual letter tradition since 2015. You can read the previous years’ letters here: 2015 and 2016. This year, I’ll break down our 2017 Annual Letter into 5 main sections. What Happened To BigFatPurse In 2017?? “Old Wine In New Bottle” This is the first time we are writing this letter as Dr Wealth. At the start of 2017, we had officially changed our operating name from BigFatPurse to Dr Wealth after the acquisition in 2016. This decision was met with a mixed response. Half of the crowd prefer the more professional name while the other half...

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10 Well-Funded Startups That Make Singaporeans Proud 2018

Start-up companies prove that starting small is just the first step to success. A start-up is a company that is just at its formative years. It usually runs on finance or funding by a handful of investors also known as Angel Investor. Without much of a history and name in the business industry and equipped only with their unique goals, start-ups find it hard to look for funding. However, just this 2017, start-up companies in Singapore have really changed the game. According to a database by Tech in Asia, Southeast Asia’s tech firms saw a record US$8.6 billion in...

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What Is CPF Special Account? 9 Things Every Singaporean Ought To Know About It.

Content What is CPF? Interest Rates What is CPF Special Account? What are the features of CPF Special Account?​​​​ What are the uses of CPF Special Account? How to get the most out of Singapore CPF Advantages of Placing More Money in CPF Special Account Guaranteed Absolute Return Inflation-proof Interest Rate Away from Creditors Disadvantages of Transferring Money from Ordinary Account to Special Account No Tax Relief It is Permanent Withdrawal Requirement Ordinary Account to Special Account Savings Transfer Calculator​​​​ At the end of the day, what we want most is to feel secured; most especially after working hard...

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10 ETFs Listed On The Singapore Stock Exchange You Don’t Know About

They say that the only constant thing in this world is change, and to add — uncertainty. We don’t know what lies ahead and we can never be too sure. Many invest their money in banks and trust funds, but it is quite a tedious process that you lose the motivation along the way. Some open-minded individuals welcome Exchange Traded Fund (ETF), where they enjoy ease, flexibility, and liquidity making their investments grow as compared to other forms investment schemes. The ETF Singapore offers are quite varied with an open-ended investment that keeps track of the performances of commodities,...

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What is Options Trading? 5 Things You Need to Know Before Trading Options in Singapore

With Singapore being regarded as the world’s fourth largest financial center, trading options is therefore not a rare activity. In fact, it has become more popular in Singapore ever since after the 1990s. There are even seminars on options trading held in Singapore almost every day. However, even with its popularity, many would still regard it as a risky endeavour. But there is no need to fret. If you are planning to trade options in Singapore but don’t know how to get a jump start with it, then you are just in the right place.  We have listed below...

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5 Best Places You Can Get Your Daily Singapore Stock Market News

The stock market in Singapore is very active.  It is ever-changing and is very often unpredictable. That is why you need to keep yourself updated in order to keep up with the latest changes. If not, you might just find yourself losing on your investments. More so if you are a newbie who is still trying to learn about the stock market. To help you with this, we have compiled below a list to keep yourself up to date with the latest Singapore stock market News.  Here are the 5 best places you can get them: #1 The Fifth...

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If You Don’t Know These 10 Blue Chip Stocks, You Are Not Considered A Singaporean.

In poker, the “blue chip” is considered the chip that has the highest value. In stock market terms, this refers to nationally recognised, well-established, and financially sound companies. They are typically the largest listed companies in Singapore by market capitalisation, and a synonym for STI ETF. Blue chip are known to be relatively stable due to their strong balance sheet and dominant market position; making them difficult to fail and capable of riding out financial crisis during bad market cycles. There is a reason why so many Singaporean prefer to invest blue chip stocks, mainly because of its perceived...

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How many stocks should you have in your portfolio?

You may have wondered about this question before. How many stocks should I own to be “sufficiently diversified”? You may have gotten advise from people (especially the finance professionals) advocating the importance of diversifying your portfolio. Because: “Having too little stocks is risky.” On the other hand, you may have probably also heard others stress about the importance of holding only a handful of stocks (not more than 5). Because: “You would not have time to understand and monitor so many stocks.” So…who is right? I admit, this is not an easy question to answer. In fact, I would like...

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What Exactly Is Mutual Funds or Units Trust? 5 Things You Must Know

We all love saving and having more money or growing our assets. For not savvy and technical investors, investing in unit trusts (e.g mutual fund Singapore), and equities are deemed safer ways to grow your money. It’s a no-brainer to value every penny you invest, so make it count to the last cent. What Exactly Is Mutual Funds or Units Trust? The Unit Trust also termed as a mutual fund. In short invests a sum of cash, gathered different various individual or group of investors, in stocks, bonds and other securities. Their investment approach can be based on a...

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What Is FinTech? Here Are The 10 Fastest Growing FinTechs in Singapore 2018

Content What is FinTech? The rise of Singapore FinTech #1. GrabPay #2. M-DAQ #3. MatchMove Pay  #4. QUOINE #5. TradeHero #6. Otonomos #7. Numoni #8. Mesitis #9. Fastacash #10. Alpha Fintech What is FinTech? FinTech is short for financial technology. It is wherever technology that provides financial services. It can also be used to aid companies to manage the financial functions of their business, which includes software, and applications. FinTech was initially considered as a back-end, platform that acts as a center that processes data. In recent years, it has become the basis for end-to-end processing of communications through...

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