Living in Singapore has one very unique advantage of those staying in other parts of the world – you can attend most of the fairs, seminars, conferences and exhibitions organized as Singapore is very small and so it’s very easy to travel around. For example in Malaysia, most of the big talks and conferences are held in Kuala Lumpur, which leaves the majority of Malaysians wanting to attend those events to need to travel extremely long distances just to attend. Read the rest of this entry »
I’m sure that those of you who regularly read newspapers in Singapore would know who Kishore M and his company PowerUp Capital. He is one of the many people who frequently post advertisements in the newspapers regarding his seminars that mainly focus on Forex trading. Personally I believe that the reason Kishore M is so famous is because of how he markets his strategies than the actual strategies itself. I have read many bad reports concerning Kishore M online. Read the rest of this entry »
“Invest” according to The Free Dictionary is to “To commit (money or capital) in order to gain a financial return”. What this tells us is that for us to actually invest, and in extension to be good investors, we have to learn how to save money so that we actually have money to invest.
Most, if not all investing activities would require you to commit a minimum amount of money. For example in stocks, you would need to have some savings (free cash) for you to start investing. Read the rest of this entry »
Finance-related blogs abound on the internet, however most of them either focus on general financial issues or are focused on countries such as the USA or the UK. If you’re from Malaysia and would like to read about finance-related stuff, check out my list of finance-related bloggers below. These finance-related bloggers blog from anything from the stock market to real estate to affiliate marketing and to personal finance – as we should not limit ourselves to just one avenue to attain financial freedom and financial success
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Flippa is a relatively new marketplace website for buying and selling websites and domain names. To celebrate their one year old birthday, they are giving out $10 worth of Flippa credits free – check it out here.
One way of making money is the buying and selling of websites and domains. This is also called flipping. So usually what a “flipper” does is to buy a domain, add value into the site such as having unique content, unique theme, pagerank, traffic and so on and then just sell it on a marketplace. Flippa is such a marketplace for you to do this. Read the rest of this entry »
After doing much research and educating yourself, you might feel that you want a more “first-hand” experience of the stock market but yet do not want to risk any of your money by opening a live account. The solution for this is the stock game/stock demo/stock market simulator. Stock games can be categorized into 2 kinds – Those that are offered by banks and brokerage houses, and those offered by other companies that are neither banks nor brokerage houses. The stock games offered by banks and brokerage houses are more useful of the two as you actually get to demo the actual trading platform used in trading which gives the stock game a much more realistic feel about it. The stock games offered by other non-banks or non-brokerage companies are more of a portfolio manager that ranks you against other players. The first kind of stock games are the more useful ones with more benefits and should be the one you choose to gain first hand experience of the stock market and not the second kind.
All stock games will give you a certain amount of money to start the account and allow you to trade. The stock game will then keep track of your portfolio to show whether you are making money or losing money. Also, most stock games only allow you to trade on one market which most of the time is the NYSE (New York Stock Exchange). However, I have identified one stock game that allows you to trade specifically on Bursa Malaysia which I have listed further down below. If you are a Malaysian and is interested in trading the local stock market, be sure to check that out
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There are two ways of analyzing stocks – Technical analysis and Fundamental analysis. I myself prefer using a fundamental approach to analyze stocks based on value investing. However, if you want to do technical analysis on a stock you need a good charting software with all sorts of technical indicators such as the Elliot Wave, Fibonacci Ratios plus many others to help you analyze a stock and predict it’s future price movement so that you can make a profit. Here I have a list of stock charting software that not only caters to the US stock market but also both Singapore and Malaysia stock market so that you can do you technical analysis. Some on the list are free while others require you to pay for them. If you do not know where to start, I recommend that you try out ChartNexus and Jstock first as they are can run on 3 operating systems (Windows, Mac OS X, Linux), free and serves their purpose. Read the rest of this entry »
Recently I just finished reading an investing book about stocks written by Mariusz Skonieczny of Classic Value Investors LLC titled “Why Are We So Clueless About The Stock Market”. The book is about 165 pages full of easy to understand explanations and concepts concerning value investing in the stock market such as business moats, return on equity and how they relate to how you should value a company. The examples used in the book to demonstrate concepts is surprisingly easy to grasp whilst still conveying important concepts to the stock investing. Read the rest of this entry »
When you keep money in a savings account at a bank you would usually earn interest on the deposited sum based on the savings interest rate Many people who are financially naive believe that saving money in the bank to earn interest is considered as investing. However this is so far from the truth, as the returns on the money in the form of interest is really quite negligible – more so if the interest rate (savings rate) is low as it usually is. Read the rest of this entry »
When a company issues common stock or shares to the public for the first time, it is called an Initial Public Offering (IPO). Of the main reasons a company has an IPO to the public is so that it can finance it’s operation without having to rely too much on loans which are costly for a company to repay as it would have to repay both the initial borrowed sum plus interest.
Many people usually like buying into IPO’s of a company as they believe that all IPO’s generally would rise in price and then they would be able to make an easy killing. Read the rest of this entry »
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