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Showing posts from June 23, 2020

This Stock Just Exploded Over 200% If You Bought in March 2020

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Singapore’s very own Sea Limited, the parent company of Southeast Asia game provider  Garena , and the online e-commerce market,  Shopee has risen dramatically.  Due to the Pandemic which has made consumers to stay home more than usual, online shopping and online gaming has push this young tech start-up to dizzy heights.  I'm still shocked why there is not much buzz here in Singapore trending about SE. These are kind of stocks to take note when there is a crisis.  Like I document earlier on the stocks in my portfolio, I was watching it since last Dec 2019. An important factor that had my eye on it was there is significant financial backing from Tencent back in 2017.  Just like SEA motto of "connecting the dots", I was connecting the dots. I kept tabs on it and was watching very closely since Dec 2019.  The chance came when it nosedive in March 2020 and I went in.  Catching the perfect wave I hope you did too and good luck for the next winning stock!

Online Brokerage Accounts for US Stock Market

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I started investing since 2008. Besides reading up on books, there's also the nitty gritty stuff of choosing which online brokerage accounts and how to link up with you Singapore Bank Account. It's pretty confusing at times but luckily there are very detail breakdowns done by various writers. I will link them here as we go along.  A few things to prepare before you open an Online Brokerage Account.  1. Bank Account Always have a separate bank account when you invest.  And make sure that account can't be withdrawn by an ATM or debit card. The only money that goes out is to your Online Brokerage Account.  Keep this separate from your other regular accounts. A decade ago, it would be pretty tedious because you would have to maintain the minimum amount the the account. If your account drops below the limit, they would charge you a fee. But it's alright because you can always call to waive off.  These days, It's easier to open bank accounts and they are like opened insta

3 Books That Started My Investment Journey

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Let's be honest: I never liked reading.  If there is reading material online, why do you need books?  Apparently, I was wrong. Books that you buy and keep will always provide a reference for you to read up. Each time you re-read the book, I don't mean read everything. What is do is i keep bookmarks of it to read up certain topics to remind myself. You know sometimes you just forget certain topics but after reading back, you would refresh certain concepts of the topic? That's why I buy and keep books to help refresh memories.  I also started reading a bit more when I was travelling extensively for work. I had to travel on long distance flights for 20+ hours for work. At first, I was just watching all the movies on the plane and that was so awesome. To watch movies released a few months earlier was like watching these movies for free. Whenever I see people reading on the plane, I would be chuckling to myself and wonder why would any one read on a plane?  But then, I got bored

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