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Year 2023, 30 Years In Stock Market
By ccloh Strategic Investor Zone  •  December 10, 2023
Year 2023 would be ending soon.  Year to date so far nothing drastic has happened to global stock markets and probably the next 3 weeks would be the same.  However, year 2023 spells a significant milestone for me in stock market.  This year marks the 30th year that I have been invested in Singapore stock market.  While the past 3 decades wasn't a very eventful periods but did encounter the ups and downs of the stock market.  Of course not to mention the mistakes that were made and the precious lessons that were learnt throughout. The Early Year (1993) Singapore stock market in 1993 was a total difference as of now.  There wasn't online trading, every transaction has to call up broker or remisier to place the order.  Commission then was 1% per transaction, contra period was 7 days and only aged 21 and above was allowed to open CDP account to trade or invest in stock.  Payment of share has to be settled in either...
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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