I have recently decided to get myself SIP certified and I registered for the online education at SGX seeing as to how I did not meet certain requirements in order for me to invest in SIPs. SIPs includes warrants and options, exchange traded funds and notes, futures, certificates and callable bear/bull contracts. I have copied and paste SGX's definition of SIPs and you can see it below.
One of the key reason why I decided to look into SIPs was due to the promise of leverage, and if I ever hoped to reach a certain financial goal by the time I graduate, I have to take on more calculated risks, especially in this uncertain market condition. I will tell you what I have learnt and at the end of this post, take the SIP quiz.
Derivatives
A derivative is a type of financial contract whose value is dependent upon or ......