SGX Central Depository CDP Account In Singapore. To make your money work harder instead of sitting in bank. To support your parents financially and provide them a decent life or retirement.

To get your money life in order as you used to squander whatever you have. Whatever the reason is, you must have a reason why you want more money and probably that is what bought you here.

But don't scoff off the question, I once asked a deep question to a friend of mind on why he wants more money? What does having more mean to him People in this camp usually don't achieve much in life, there is no difference between what they are today vs 3 to 5 years from now.

I'm not here to give you a reason, for me having more money is just part of a good life equation. No I'm not getting into the big passion debate. I believe to live a satisfactory life one does not need to find what their passion is then work on to it worst end up after spending a great deal of time and eventually realised it is not monetizable.

I remembered a quote, to paraphrase it: You live your life and you learn. But make sure you moving in the right direction, so when you fail, you fail forward. Same thing in finding your passion or thing that you love. You don't go and find it, it's hard and probably you will fail.

But there is a trick to that, remember this: When looking at the stock market returns, it is unlike bank interest rate or CPF interest rate as there it is a capital guaranteed investment. In stock we look at total returns which it accounts for both capital gain and dividend received.

Capital gain refers to the positive movement of share price.

Since it is a price movement it can be positive and negative. Whereas for dividend it will always be positive as there is no downside on dividend.

Stocks may cut dividend but it can never demand the dividend that it pays out. STI ETF is used as a benchmark for Singapore stock market performance, it consists of Singapore 30 largest market capitalization stocks. In term of risk, refer to my post over here. As for stocks there is no limit on how much you can make. But there is a limit on how much you would lose, that is your investment capital.

Any higher is considered extraordinary, when it comes to returns you need to look at least 5 years period and on a portfolio total returns basis, not individual stock. Your cost of investment will be high if your trading about is low more on that below. Another concern about small sum is that you are unable to buy enough stocks to build a portfolio for diversification, in this case you can consider investing in STI ETF.

Or you may even consider to accumulate more capital first then invest when the sum become sizable. You only think about the upside, how much can you make. Small sum reduces your fear of losing money and minimizes the cost of your investment mistake. When you do not have much market experience the last thing you want to do is to invest one lump sum in a stock or few stocks that you like because you think that it is some huge corporations and can never lose money, even if the stocks pay good dividend.

Prices can fall below what your dividends can compensate.

We are in a period where huge corporations around the globe are axing jobs and dying like flies. By then it is not late to invest more as your confidence increased.

Stock market is not a sprint, but a marathon. You peers may run faster than you, but when the market corrected they will also be the first one who panic and sell at the worst possible time. Share, bond, currency and commodity. It is also widely discussed by academia, economist and government think-tank. Because what is behind a stock is company and its business contribute to country in term of tax income and jobs. However, studies have shown properties returns do not outperform stock market returns.

Interest expense and property maintenance cost can also eat up a large chuck of your rental income as well. Brokerage account - to buy and sell shares, read this. Setting up cost for both CDP and brokerage account is free, and most brokerage does not require any deposit.

Some brokerages may require you to open a saving account with them, in this case there might be a fall below fee if you fails to meet the minimum monthly deposit I. Most investors prefer to execute trades themselves via online trading platform for cost saving. For instance, on OCBC securities.

If not all most people I know they execute their trades themselves via online platform.

TSX, Toronto Stock Exchange, TSX Venture, Montreal Exchange, NEX Board, CSE, Canadian Securities Exchange, US Stock Market, AMEX, NASDAQ, NYSE, OTCBB, IPO, Canadian Venture Exchange, Vancouver Stock Exchange, Alberta Stock Exchange, Winnipeg Stock Exchange, Canadian Dealing Network, Mutual Funds, Brokerages.

For step-by-step guide on using online trading platform to buy shares click here. Each scratching the backs of others in protecting their own interest at the expense of retail investors.

The standard trading account in Singapore is contra account aka margin account SCB is cash upfront. In contra the payment is made 3 days after the stocks are bought. But that is more for trading which is not advisable. When you set up a brokerage account you can either choose to make payment via interbank GIRO or electronic payment of shares EPS.

Interbank GIRO should not be new to you, select a designated bank account and payment is made automatically 1 day after the due date. When you sell shares, payment will automatically credited to the same account. But instead of automatic deduction like GIRO, you need to initiate payment via online banking or ATM. For Cash upfront , you need to have the cash in your bank account first before you are able to buy shares.

Payment is made at the time the stocks are bought. If I'm not wrong, in cash upfront you must deposit your money in a cash upfront account with the broker. If there is no fund in the account you can't submit a buy order. Once the order is filled the fund will be deducted.

Stock market reports and statistics - London Stock Exchange

In case you are wondering, SCB is a cash upfront account by definition as you need to fund your security account first before you are allowed to submit a buy order. Its application is much complex, investors need to open a sub-CDP account with the broker and there may be custodian fees involve will explore some day. The pro of cash upfront is its lower brokerage fee and min.

The cost saving can compound over time which is huge. CDP will send you a statement of account showing the number of shares held under your name. Whenever there is a conflict between the two on the number of shares, always refer to your CDP statement.

Broker does not do a good job reflecting shares' statement as it is not sync with CDP. The below are some of the few good sites where you can get stocks chart, prices, fundamental data and corporate announcement. I normally used Yahoofinance or Shareinvestor to quick check stock prices. They even have 5 years financial statement in tabulated format: SGX site is the original source.

Investment Tips | All about Investment and Stock Trading

All other sites are pulling data from SGX, if you are expecting important announcement always refer to SGX as others may have delay. It has a simplistic interface. It allows investors to create watchlist and aggregate important stock-specific news and announcement.

Finding list of industry-specific stock with the screener:. What is hard is to make money consistently, and in order to do that you must possess adequate investing knowledge. SGX Academy , below are some good videos to start with. I do not have good experience with them. It is an one whole day value investing course, if don't understand complex investment concept and have no ideas what stock to buy; what to look for or an educator that is not obsessed with his upsell.

Then this course might be right for you, it gets you from "no idea" to "many ideas"; from "don't know what to look for" to "know exactly what to look for" even if you have no financial background.

Follow this blog if you want to learn to trade, Rayner uses trend following strategy. He has a ton of free material on his site. The Ultimate Trading Education. Glad you are doing well here. It is amazing to see how your blog has involved since the day it was created. Nice to receive your email on how you earn your income via GV Adsense, GV affiliate and side project Adsense. Thanks for dropping by, so far so good I guess? Assuming the returns remain until Jan , that will be 7.

My portfolio is over here: It is really useful!! Notify me of follow-up comments by email. Notify me of new posts by email. The Beginner's Guide 17 Singapore Investment Options Stock Investing: Singapore Investment Investing Value Investing.

Beginner's Series For Stock Investing 1. SGX Central Depository CDP Account In Singapore 3. But my capital is small and I wonder is it worth the hassle to invest since I don't have much to compound with. What Are Other Investment Alternatives.

How Much Do I Need To Pay For Brokerage Fee Per Trade? Click Here to Leave a Comment Below 4 comments. My Sweet Retirement - October 16, Hi Giraffe Value, Glad you are doing well here. How has your stock portfolio been doing?

Best Regards My Sweet Retirement. GiraffeValue - October 17, Hey Sweet Retirement! Hope to gain more money making info.

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