Author: Sonicericsg

(Post 64/week 49)Learning investing/trading together part 9:How to purchase a stock part 2?(DBS vickers)

For more information on the various term, please refer to this linkContinue from part 8: How to purchase a stock? (you can read all about it here)16)Change the account the cash upfront17)Change the buy action to buy or sellSome key term to note…Settlement modeCash or Cash upfrontChoose cash upfront if you are using cash upfront accountSettlement currencyThe money that you would like to purchase the stock with, for purchasing of US stock(USD) and for purchasing of Singapore stock(SGD)Stock nameName of the stock itself,in my case it is the STI ETFStock CodeStock code as the name implies, SPDR STI ETF(ES3)Order typeThe below...

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(Post 63/week 50)Learning investing/trading together part 8:How to purchase a stock?(DBS vickers)

When I first started out on my buying stock, I search all over the internet for information on how to purchase a stock. But there wasn’t much info out there(Trust me, I still haven’t found any yet). So here is a step by step guide on how to purchase a stock on DBS VICKERS(Apologies for not showing how to link the brokerage to CDP, but I have absolutely no way to replicate those step, you can comment below if you need any help though)Step 1)Transfer money into your DBS Vickers accountHow much to transfer? Well, it depends on how much your budget to...

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(Post 62/week 49)Investment project updates(Peer to peer lending):Moolahsense(My ninth campaign)

Moolahsense(My ninth campaign with Moolahsense) Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense, haha(this is not a sponsored post by the way) Issuer summaryDate of listing:Mar 2018Amount:S$73,500.00Tenor: 12 monthsNote type: Equal installment Quoting from the moolahsense websiteEqual installment:A promissory note by which an installment of the principal subscription amoung and/or interest accrued and due up to the date of payment shall be payable on such dates as set out in a repayment schedule specified in the promissory note, and on the maturity date, the principal subscription amount would have been...

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(Post 61/week 48)TipforThought:Bill gates helpful lessons

I just chance upon this interesting article and decided to take a picture. Some wise words from bill gates. It read as follow…Bill Gates gave a speech at high school about 11 things they will not learn in school. They are…1. Life is not fair, get used to it2. The world won’t care about your self-esteem. The world will expect you to accomplish something before you feel good about yourself3. You will not make $60,000 a year out of high school. You won’t be a vice president with carphone until you earn both.4. If you think your teacher is tough, wait...

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(Post 60/week 48)Zero dollar project updates:carousell,Bitcoin Faucets,Short Link,Online survey and Adsense update

Updates for last x week of zero dollar project(Honestly, been too long due to exam) 1.Carousell 2.Bitcoin faucets 3.Short link 4.Online survey 5.Adsense update 1.Carousell My carousell:carousell.com/eric996 Been doing some heavy marketing everywhere, gumtree, facebook, you name it… Total earnings for carousell last week:$4 + $1=$5.00 2.Bitcoin faucets Current coinpot holding Bitcoin core: 5718 Satoshi Bitcoin cash: 8562 bch Dogecoin: 61.37 doge Litecoin:  0.00198316 ltc Dashcoin: 0.00057426 dash 3.Short link Last x week   Currently   Total earning for short link last x week:$2.5820 For more information on how’s I use both short link on my blog and YouTube, read here 4.Online survey Current online survey on my...

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(Post 59/week 47)Investment project update part 2:Posb invest saver NOV 2018 summary

Posb invest saver update(Nov 2018)My POSB invest saver update for the month of May, read hereMy POSB invest saver update for the month of June, read hereMy POSB invest saver update for the month of July, read hereMy POSB invest saver update for the month of Aug, read hereMy POSB invest saver update for the month of Sept, read hereMy POSB invest saver update for the month of Oct, read here Regular saving plan updates for ABF Singapore Bond Index Fund(A35) Breakdown of my regular saving plan(A35) this month(Nov 2018)Total amount(regular saving plan)A35:$100Price per share:$1.131500Gross sales charge:0.5%Net sales charge amount:0.5% of 100=$0.50Net amount invested: Total amount-net sales...

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(Post 58/week 47)Learning investing/trading together part 7:Deciding on a brokerage

Sometime back in April 2018, after selling off my entire POSB invest saver for G3B, you can read about it here. I decided to take a more active approach in my money by foraying into investing/trading. Now, the first thing to do is to decide on a brokerage as a brokerage will allow you to do online and mobile trade Link:https://blog.seedly.sg/the-ultimate-cheatsheet-cheapest-stock-brokerage-in-singapore/ The research link above from seedly provide a very comprehensive guide on choosing the cheapest stock brokerage in Singapore. The 1st question to decide on a brokerage in Singapore would be: CDP or custodian? 1. What is CDP? (Central...

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(Post 57/week 45)Learning trading/investing together part 6:RSS (Regular shares savings)

Regular Shares Savings(RSS) Previously, I have written about my choice for choosing POSB invest saver plan hereWhat is RSS? RSS plan offers investors an affordable and convenient way of investment by committing a fixed amount of money on a monthly basis for a preferred share, allowing us to enjoy the benefits of dollar cost averagingWhat is dollar-cost averaging? When the share price is higher, we would buy fewer shares with the fixed dollar amountWhen the share price is lower.we would buy more shares with the same amountThis means we automatically buy less at market highs and buy more at market...

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(Post 56/week 43)Investment project update part 2:Posb invest saver OCT 2018 summary

*100000 views! thank you all for reading my blog! Posb invest saver(OCT 2018) My POSB invest saver update for the month of May, read here My POSB invest saver update for the month of June, read here My POSB invest saver update for the month of July, read here My POSB invest saver update for the month of Aug, read here My POSB invest saver update for the month of Sept, read here Regular saving plan updates for ABF Singapore Bond Index Fund(A35) Breakdown of my regular saving plan(A35) this month(Oct 2018) Total amount(regular saving plan)A35:$100 Price per share:$1.123100 Gross sales charge:0.5% Net sales charge amount:0.5%...

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(Post 55/week 41)Investment project updates(Peer to peer lending):Moolahsense(My eighth campaign)

Moolahsense(My eighth campaign with Moolahsense) Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense, haha(this is not a sponsored post by the way) Issuer summaryDate of listing:FEB 2018Amount:$73,000Tenor: 63 daysNote type: Invoice financing Quoting from let’s crowd smarter website… Link:http://letscrowdsmarter.com/p2p-invoice-financing/ Equal installment: Invoice financing refers to the sale of accounts receivables by a company for immediate cash. It is a form of short-term financing often used to improve a company’s working capital position. Invoice financing is similar to short-term loans, although there are some differences. In a p2p context, there are...

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(Post 54/week 39)Learning trading/investing together part 5:REIT (Real Estate Investment Trust)

Real estate investments trust(REIT) What is a REIT?Reit are investments in a portfolio of income-generating real estate assets such as shopping malls, office, hotels or serviced apartments, usually, establish with a view to generate steady income and long-term capital growth for unitholders 8 main type of REITs Link:https://www.fool.sg/2018/07/12/8-different-types-of-reits-and-stapled-trusts-listed-in-singapore/Industrial  Residential                                   Retail Hotel and resort Office Healthcare Specialized Diversified 1. IndustrialAscendas Real Estate Investment Trust (SGX: A17U) and Mapletree Industrial Trust (SGX: ME8U)  2. Residential Ascott Residence Trust(SGX: A68U)  CapitaLand Mall Trust (SGX: C38U), Frasers Centrepoint Trust (SGX: J69U) 4.Hotel and...

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(Post 53/week 38)Investment project updates(peer to peer lending):Moolahsense(My seventh campaign)

Moolahsense(My seventh campaign with Moolahsense) Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense, haha(this is not a sponsored post by the way) Issuer summaryDate of listing:FEB 2018Amount:$50,000Tenor: 12 monthsNote type: Equal installment Quoting from the moolahsense website Equal installment:A promissory note by which an installment of the principal subscription amoung and/or interest accrued and due up to the date of payment shall be payable on such dates as set out in a repayment schedule specified in the promissory note, and on the maturity date, the principal subscription amount would...

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(Post 52/week 37)Investment project update part 2:Posb invest saver Sept 2018 summary

6.Posb invest saver(Aug 2018)My POSB invest saver update for the month of May, read hereMy POSB invest saver update for the month of June, read hereMy POSB invest saver update for the month of July, read hereMy POSB invest saver update for the month of Aug, read here Regular saving plan updates for ABF Singapore Bond Index Fund(A35) Breakdown of my regular saving plan(A35) this month(Sept 2018)Total amount(regular saving plan)A35:$100Price per share:$1.127300Gross sales charge:0.5%Net sales charge amount:0.5% of 100=$0.50Net amount invested: Total amount-net sales charge amount=$100-$0.50=$99.50Units issued: Net amount invested/price per share=$99.50/$1.127300=88.26399361=88 units Summary: As of 21Sept, the share price of A35 was at 1.127,...

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(Post 51/week 36)Learning trading/investing together part 4:ETF (exchange traded fund)

Learning trading/investing together part 4: ETF(Exchange-traded fund) Exchange traded funds(ETFs) What are ETFs? Exchange traded funds(ETFs ) are investment funds listed and traded on an exchange They aim to track the performance of an index and provide investors access to a range of market and asset classes Buying and selling is the same as that of a stock and can be transacted through any broker Benefits of ETF Diversification Investors achieve diversification in one single transaction with minimum investment versus having to build a similar portfolio by purchasing individual stock, bonds or commodities which could require a huge investment...

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(Post 50/week 36)Investment project updates:Moolahsense review(My sixth campaign)

**Congratulation to myself for reaching post 50!!6.Moolahsense(My sixth campaign with Moolahsense) Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense(this is not a sponsored post by the way) Issuer summaryDate of listing: Jan 2018Amount:$100Tenor:12 monthsRepayment type: Callable Quoting from the SGYoungInvestment Callable: In a Callable note, an issuer has an option to early redeem the note on a quarterly basis. If the note is not early redeemed, the issuer pays a quarterly interest. The principal will be fully repaid on the quarter that the redemption is early called or...

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