Author: FinancialVeracity

Biggest CryptoCurrency Exchange [ Ripple / Lota / IOTA / ETC]

Having difficulties in buying Alt coins?? Can’t find a good exchange?? Recently, I was fortunate to have been introduced to Binance , the biggest cryptocurrency exchange. REGISTRATION PROCESS Step 1: Press Register Step 2: Fill in your particulars Step 3 : Verifications Step 4: Enabling 2 FA You can still deposit funds without verifying ~ Verification allows higher withdrawal limits. All nationality out of china wouldn’t be able to use the SMS Authentication function. Step 5: Download Google Authenticator (2 FA) (Available on both GooglePlay & Apple Store) Step 6 : Scan the QR code through your phone Press...

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CryptoCurrency Christmas Sales??!

Firstly, Merry Christmas to all Coinbase Have you seen the crazy dipped of prices on Bitcoin/Ethereum/ LiteCoin? Bitcoin dropped $4k worth, Ethereum $200 worth and Litecoin $100 worth. This led me to the idea of giving coins as presents to my close friends….. but then how do I too benefit from it??? Referral of course. The minimum requirement to get the referral rewards ($13 worth of bitcoin) is a min buy/sell $134 worth of any coin. wait?! did u say $13 worth of bitcoin? so little? Ya can grow and all…. but by how much? CoinBase   The first...

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What is Financial Literacy?

“Financial literacy is the education and understanding of various financial areas.” – Investopedia This whole entire episode had provided be a space to think and reflect about my financial status and how I can do to improve it. The few questions that I’ve constantly been asking myself are: Are my goals truly realistic? Have I achieve them? Will I be able to achieve them? Why do I feel so inpatient? Lastly, why are these questions being asked over and over again? Then I realised, that there wasn’t something truly concrete that I’ve drawn up with to be grounded by it…...

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Officially coming back….

It’s been a good 1/2 months hiatus on forcing out content, but imma back! Really am grateful for the break that has allow me to be back on my spiritual walk with God, a higher level of clarity, a greater sense of how I can reach my goals faster....

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Bukit Sembawang Estates Limited – What really matters in a Stock?

“Bukit Sembawang Estates Limited, an investment holding company, engages in the property development, investment, and other property-related activities primarily in Singapore. It operates through two segments, Property Development and Investment Holding. The company develops residential properties comprising landed homes, private condominiums, and apartments. It also invests in and manages office buildings. Bukit Sembawang Estates Limited was founded in 1911 and is based in Singapore.” – SGX.com 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 1.348 (34.8% Above fair value) Price to earning ratio : 23.762 ( Above industry standard – 22.68) 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity...

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# 16 USDCAD [Updated – letting the market decide my trade ]

Previously I shared with many to look out for DollarCad, as market was testing key level and was about to prove a directional movement. Last month, on the Monthly Chart, market close below bullish retracement low. This signifies a high probable bearish breakout on this market pair. Additionally, market channel has obviously shown that candlestick is trading out of the zone. Similarly, Weekly Chart, price action shows that market has already broken off bullish channel with it failing to break weekly key level. The price action on recent DollarCad indicates that market would have a decent profit taking on the retracement....

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The Hour Glass – What really matters in a Stock

“The Hour Glass Limited, an investment holding company, retails and distributes watches, jewelry, and other luxury products in South East Asia, Australia, and North East Asia. It operates boutiques. The company also invests in properties. The Hour Glass Limited was founded in 1979 and is based in Singapore.” – SGX.com 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.995 (0.005% Below fair value) Price to earning ratio : 9.772 ( Below industry standard – 38.83) 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 10.9% Growth Performance : –2.34% (5 Years) Dividend Yield : 3.05%[ 5 years] Current Ratio :...

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#15 EURCHF

Monthly chart, market pair has been in a bearish trend since 1990 and has been trading with very little buyers. What sparked at interest in me to monitor this chart was the sudden price movement last month, where it broke consolidation pattern since 2014. Price action on the  Weekly Chart proved that market has broke key level with a strong momentum. Additionally, market has a large recover leg space for a huge profit taking. Daily Chart, price action that broke previous bearish candlestick seems to state there isn’t much sellers into this pair as market continues to retrace to...

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CPF – Aged 54 & below

This post is meant to summarised the importance of CPF in your early years before age 55. Mandatory Interest Rate OA (2.5 – 3%) SA (4 – 5%) MA (4% – 5%) Things you can do to increase your CPF money CPFIS PROPERTY (buying two or more property for investment purposes) Cap at valuation / purchase price limit LRIS ( In the future) Diversified products Voluntary contribution CPF is one way to reduce your income tax Voluntary contribution to your own account (capped at $7k relief) Contribute to your relatives (Additional $7k) Q&A How to obtain higher interest rate...

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Rowsley Ltd – What really matters in a Stock

“Rowsley Ltd., an investment holding company, engages in the diversified real estate business in Singapore, Malaysia, the United Kingdom, the People’s Republic of China, the Middle East, and internationally. The company’s Property Development and Investment segment engages in the development and construction of development property for sale and investments; and the holding and management of investment properties. Its Architectural, Engineering and Town-Planning segment provides architectural, master planning, urban design, civil and structural, and mechanical and electrical engineering services, as well as interior design and project management services. The company’s Hospitality segment is involved in the hotel operation and management...

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#14 – EURUSD (Update)

Price action of the Monthly Chart, shows that euro is in a bullish rally against the dollar, as you can see price is in a long awaited key level (after 3 years). Additionally, the bearish channel has broken with a strong bullish momentum. Weekly chart is aligned to the monthly as the long term bearish channel was broken with two key weekly support & resistance levels broken. The retracement on the Daily trend are false breakout to build a stronger buying momentum. As you can see market tend to pull back heavily after each pull back, and as price raise to...

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CPF – Aged 55 & above

This post is meant to summarised what you need to know about CPF when you’re turning 55 You have to choose the 3 levels of retirement sums that you want Basic Retirement Sum (BRS)  – ($83k) Full Retirement Sum (FRS) – ($166k) Enhanced Retirement Sum (ERS) – ($$249k) After 65 you can choose from 3 CPF Life plans  // You can choose when you want to start the payouts Standard plan Pays you more today less for your kids in the future Basic plan Pays you less today more for your kids in the future Escalating plan The payout...

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Swee Hong – What really matters in a Stock?

“Swee Hong Limited, an investment holding company, engages in the civil engineering and tunneling works in Singapore. It offers construction engineering services comprising micro tunneling/pipe-jacking and tunneling services; parks and services in architectural, mechanical and electrical, civil and structure, soil improvement, and landscaping sectors; and infrastructure construction services, including roads, bridges, flyovers, canals, and sewers. The company was founded in 1962 and is based in Singapore.” – SGX 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 6.281 (600% Above fair value) Price to earning ratio : 2.124 ( Below industry standard – 20.83) 2)  LEARN ABOUT THEIR NUMBERS Debt To...

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#13 – AUDSGD ( Will Australia dollar beats Singapore’s?)

On the Monthly Chart of AUDSGD, market seems to indicate that the Australian dollar is picking up strength against the Singapore dollar. It has failed to break key level ($0.99) and has since then built a bullish momentum. Weekly Chart, has clearly shown how buyers in control for the past few weeks. It fought back 1 month worth of sellers desperate pull down. Last week, market broke mini key level, while closed with a “uncertain” doji. Daily Chart, puts current market analysis in a spot where market candlestick is showing signs of reversal to the bear side. Market will have...

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United Engineers Limited – What really matters in a Stock

Founded in 1912 | Property/Engineering/Manufacturing Comparison will be done with Boustead (F9D) 1)  IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED. Price to book ratio : 0.873 (22.7 Below fair value) F9D – 1.553 Price to earning ratio : 65.12 ( Above industry standard – 35.86) F9D – 14.521 2)  LEARN ABOUT THEIR NUMBERS Debt To Equity : 50.35% | 27.44% Growth Performance : -42.99% | -10.33% Dividend Yield : 2.09%[ 5 years] | 2.84% [ 5 years] Current Ratio : 2.11 | 2.17 [Stable] Book Value per share : 3.06| 0.6166 Cash Flow per share : 0.0583 | 0.1231 Average management ability ( 0 dividend growth  | Weak net...

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