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First Foray into US Stock Market | Building Up A New Growth Portfolio using Moo Moo by Futu SG!
By Live Rich Life Free  •  May 26, 2021
I have always hesitated to invest in foreign stocks but finally decided to start building up a new growth portfolio in US stocks market. It is now or never. The local SG stock market has been relatively stagnant over the past 2 decades and we have seen traditional local companies struggling to innovate nor grow. The likes of Singtel, SIA, SPH, StarHub and Keppel etc. have not been rewarding shareholders for their patience and loyalty. Banks and Temasek-backed Reits merely allow us to build an income portfolio for consistent and steady source of passive income. In order to gain access to owning familiar businesses such as Apple, Mcdonald's, Microsoft, Google, Starbucks, we have to really step out of our comfort zones and venture into the US markets, or even HK or China markets. I have registered for a Moo Moo trading account by Futu SG yesterday. The account opening is fast and...
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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