iFAST share price is up 26% in the last month which has led to many questions about the company. Here are 3 common misconceptions: Myth 1: iFAST will grow 80% every year iFAST reported great set of results for the second quarter of 2020 which warmed the cockles of my heart. Net revenue grew 21% year on year and net profit grew 84% because of record inflows and stock/ETF trading commissions. Net inflow of client assets in the first half of 2020 has already exceeded 2019 levels probably because investors sense a bargain in equity markets. I like the company’s move to attract investors with at least SGD100k assets by offering a flat SGD10 fee for trading Singapore stocks/ETFs. That’s dirt cheap. Imagine paying only a SGD10 fee to buy 1 million DBS shares! With more wealthy investors joining the platform, iFAST should be able to cross-sell more lucrative products such as unit trusts and bonds....