Friday, 4 June 2021

(Post 128/Year 4 week 37)Zero dollar project :carousell,Bitcoin Faucets,Short Link,Online survey update

Another school semester has come and gone,and is finally time to resume blogging!

Updates for zero dollar project(December 2020-June 2021)

1.Carousell
2.Bitcoin faucets
3.Short link
4.Online survey

1.Carousell

My carousell:carousell.com/eric996

Did not keep track due to studies,assume NIL

2.Bitcoin faucets

unfortunately,coinpot has close down and so all of the related crpyto in my account is gone,oh well,hahaha



3.Short link


Total earning for short link :$5.18

4.Online survey

Current online survey on my list...(Bold mean that these survey websites have been verified for payout)

4.1 Toluna
4.2.surveyon
4.3 YouGov
4.4 mobrog
4.5 ipanelonline
4.6 viewfruit
4.7 millleu(App on google play store)




Total earning for short link :$25.00+ 6.25+6.25+6.25=$43.75

Total earnings for latest update of zero dollar project:$5.18 +$43.75=$48.93 

been a busy semester ,hence the amount is quite low, but then again this zero dollar project is done to prove that you can earn money from the internet with just a mobile or laptop

Thanks for reading!

Saturday, 12 December 2020

(Pt 127/Yr 4 wk 13)Book Summary 2:Small change, Investment made Simple by Goh Eng Yeow

In this post ,i am going to summaries the book :Small change, Investment made Simple by Goh Eng. Yeow. This book is part of the Straits Times Money Smart Series. As this book content is regarding the author thoughts about money and investment, i will be summarizing the point as follow.


source:goodreads.com

1.Health is more important than money, take care of your health 2.Money is a form of security, which reduce your worries and allow you to spend your times with people that matters most 3.Giving charity will increase our happiness 4.Buy experience instead of things 5 Remember to pamper yourself from time to time 6.Think positively and seize opportunity to get lucky, more luck=higher chance of becoming rich 7.It is never too late to achieve success, think KFC colonel Sanders who become big at the age of 66 8.Create a financial plan ,insure yourself and get a house, the house will appreciate over time 9.Invest early, no shortcut to wealth 10.list your asset and liabilities, deduct asset from liabilities and you will have your net worth 11.Set money aside every month to put into an ETF e.g. STI ETF,S&P 500 12.A Buy and hold strategy is the recommend strategy for investors 13.Understand a market well so you can seize opportunity if it comes 14.Buy low beta stocks. A beta of 1 refer to a stock that move similarly to the index. A beta that is higher than 1 mean that the stock in the index move more violently than the index(e.g. DBS rise 5 percent but STI ETF rise 1 percent).Low beta mean less than 1 15.Even warren Buffett failed to outperformed the index, so do consider investing in the ETF 16.There are many investment opportunities overseas, do consider other countries stock instead of Singapore Stock 17.The investment playing field are gradually levelling between big time investor and small time investor 18.Sin stock such as related to gambling, smoking and drinking can also be consider worthwhile to invest in 19.Look around and observed for investment opportunities ,you never know you may come across it 20.Invest in what you know 21.Watch major fund flow to know where to invest in and where to profit from it 22.Comes out with a list of companies that you wish to hold for a long term and the prices that you do mind paying for them. If they reach those prices, do consider purchasing them 23.Remember to have reserve cash in uncertain times to take advantages if opportunity present itself 24.Invest with logic and not emotions 25. Don't trust number too much also, look out for irregularities in company financial statement 26.keep the winning stock and sell the losers! 27.Check your portfolio from time to time 28.learn to control your greed 29. Don't be taken in by so call financial guru!

If you would like to read the book do get it at your nearest library! Thanks for reading! Remember to dyodd! 

Sunday, 6 December 2020

(Post 126/Year 4 week 12)Zero dollar project updates:carousell,Bitcoin Faucets,Short Link,Online survey

 Updates for zero dollar project

1.Carousell
2.Bitcoin faucets
3.Short link
4.Online survey

1.Carousell

My carousell:carousell.com/eric996

Did not keep track due to studies,assume NIL

2.Bitcoin faucets

Current coinpot holding

Bitcoin core: 6789 Satoshi
Bitcoin cash: 19958 bch
Dogecoin: 72.39. doge
Litecoin:  0.00253719 ltc
Dashcoin: 0.00094960 dash


3.Short link

Total earning for short link :$105.40

4.Online survey

Current online survey on my list...(Bold mean that these survey websites have been verified for payout)

4.1 Toluna
4.2.surveyon
4.3 YouGov
4.4 mobrog
4.5 ipanelonline
4.6 viewfruit
4.7 millleu(App on google play store)



Survey that payout mobrog,yougov



total payout from survey:$6.25+$5.00+$5.19+$6.25+$6.25+$25.00=$53.94

Total earnings for latest update of zero dollar project:$53.94+ 105.40=$159.36

Tuesday, 1 December 2020

(Post 125/ Year 4 Week 12)Learning investing/trading together part 32:Intro to FSM regular saving plan

Recently at last Nov ,FSM(FundSuperMart) has step up their game to offer regular saving plan for various local and international ETF.I thought it would be interesting to write a guide regarding this regular saving plan,so here we are!

For other Fsm related post

What is a regular saving plan (rsp)?

  • Regular saving plan(rsp) offers investor an affordable and convenient way of investment by committing a fixed amount of money on a monthly basis for a shares,allowing us to enjoy the benefit of dollar cost averaging

What is dollar cost averaging?

  • When the share price is higher,we would buy fewer shares with a fixed dollar amount 
  • When the share price is lower,we would buy more shares with the same amount
  • This mean we automatically buy less at market high and buy more at market lows
  • Overtime,the price we pay for our portfolio of shares would be average out

Benefits of Rsp

1.Affordability

  • Rsp allow us to buy into selected shares by investing an affordable and regular amount per month,from as little as $50 

2.Dollar cost averaging

  • Rsp remove the need to time the market and trying to figure out when is the lowest point to buy

3.Flexibility

  • Rsp generally has a lower cost of transaction with no lock up period

Currently,the fsm regular saving plan(rsp) offer over 40 Etf,hence in this post we are going to discuss the various rsp that fsm has to offer

Here are the various categories that the RSP has to offer,you csn view it at the link

1.Core equity 

2.Fixed categories

3.Regional equity 

4.Single country equity

5.Commodity

6.Tactical plays

As there are over 40 ETF that FSM has to offer, i am only going to talk only 4 ETF that i think you should consider to invest in.

Do refer to this post and this post on why we should invest in ETF

Vanguard total world stock index fund ETF shares(Nyse: VT)

What is it?

VT tracks the performance of FTSE global all cap index that measures the return on investment of the different companies stocks in developed and emerging economies worldwide(including 7707 large ,mid and small cap companies stock in 49 countries worldwide)

What does VT contain?

source:Fundsupermart

From its holding, you can see there is a wide variety of stock from different sector and different countries(Microsoft: Technology, Tencent holding ltd: Communication services, The Home Depot Inc: Consumer Cynical, Proctor and Gamble co: Consumer  defensive)

VT ETF performance history


                                                       source:Fundsupermart

As you can see it is certainly not very impressive, if you consider that over 10 years, it has only increase about 0.9223 per year(9.223/10). Covid has certainly reduce the performance of this ETF. Also, this ETF cover emerging economy, hence its ETF performance may not be as good as those ETF that are more US concentrated. Nevertheless, i feel it is one of the best ETF in the world and has a low expense ratio at 0.08% .After all the purpose of the ETF is to be diversified and achieve an average return overtime

Vanguard S&P500 ETF (MYSE:VOO)

What is it?

VOO track the performance of the S&P 500 index, a widely recognized benchmark of the US stock market performance that is dominated by the stock of the large cap companies in US. Basically it is a replication of the S&P 500 index

What does VOO contain?

                                                          source:Fundsupermart

As you can see ,VOO  is almost similar to VT ,but it does not contain companies outside of America(e.g TenCent's),it include companies that are more familiar to an average America( e.g. Bank of America: Financial Services, Exxon Mobil corp:Energy,Adobe:Technology).Nevertheless, i feel it is one of the best ETF in the world and has a low expense ratio at 0.03% 

VOO fund performance history


source:Fundsupermart

Its fund performance only date back to 5 years, which is equal to 2.3588(11.794/5) and has been great diminished due to covid.

Fidelity MSCI Information Technology Index ETF (NYSE:FTEC)

What is it?

FTEC tracks the performance of the MSCI USA IMI information technology index which track the performance of information technology sector in the US equity market and at least 80% of the FTEC is similar to MSCI USA IMI information technology inde

What does FTEC contain?

source:Fundsupermart

As the index track the technology sector in the US, it includes company such as Paypal,Apple,Nividia as well as AMD

FTEC fund performance history

source:Fundsupermart

Its fund performance date back to 5 year, which come out to around 4.554%  annually, do note that tech is one the sector that recover quickly during covid.Nevertheless, i feel it is one of the best ETF in the world and has a low expense ratio at 0.08% 

O'shares Global Internet Giant ETF(NYSE:OGIG)

What is it?

OGIG tracks the performance of the O's shares Global internet Giant index.This index mainly tracks stocks exhibiting quality and growth characteristics in the technology sector.

What does OGIG contain?


source:Fundsupermart

As you can see, OGIG track tech related company from both US and China such as Alibaba, Amazon, Bilibili, Pinduoduo and Netflix

OGIG fund performance history


                                                         source:Fundsupermart

Its ETF performance date back to 1 years and is up by 57.531%,which is pretty impressive if you consider covid, if you would exposure to both US and China tech,this is an good ETF to consider

There are of course many more great ETF on the list but i generally lean more toward technology ETF as the company name in the ETF are more well known and that i mainly use the produce in some way or another(Microsoft: window laptop) compare to consumer cyclical like (e.g home depot).Nevertheless, i feel it is one of the best ETF in the world and has a low expense ratio at 0.48%,slightly lesser than ARK invest ETF.

Hope you enjoy this post!

Monday, 21 September 2020

(Post 124/ Yr 4 Wk 2)Learning investing/trading together #31:How to purchase a stock with Tiger Broker mobile

In this learning investing/trading post,i am going to show how to purchase stock through tiger brokers

For a review of tigers brokers by seedly,you can refer to here!

For creating an account with tiger broker,you can refer to here!

For funding your account with Tiger Brokers,you can refer to here!

Why choose tiger brokers as a brokerage?

Pro
  • Good customer service,when my account wasn't funded after about an hour , I give a call to tiger brokers customer service and my account fund was immediately updated within 5 min 
  • Tiger Brokers is probably the cheapest brokerage commission available for Singapore resident out there who wish to invest in Singapore Stock and only second to Interactive Broker for US stock(refer to fees tables below)
  • Unlike Interactive Broker, it does not have a monthly activity fees of $10
Cons
  • New brokers,may not be reputable and established as existing Singapore brokers such as DBS vicker or international brokers like TD Ameritrade and Interactive Brokers
Onto the step by step guide on how to purchase  a stock using Tiger Brokers!

1) Transfer money into your Tiger Brokers

How much to transfer?

Well it depend on how much your budget to purchase stocks and whether you have enough in your bank

Currently, the brokerage charges for Tiger Broker(Singapore Market) are as follows:

Source:Tiger Brokers Singapore





And as for the US Market

Source:Tiger Brokers Singapore

With such cheap fees,you can purchase stocks(e.g DBS) and dollar cost average at a low cost, say bye bye to brokers who charges $10 commission fees!

Note:You can invest in any amount you like,of course subjected to your bank account:)

2)Time to purchase some stock!

For me,i mostly use the mobile app to purchase as it way easier and faster

First,you log in to your mobile app,tap on the magnifying glass icon on the top right hand corner to search
the stock tickers e.g DBS(D05)

Source: Tigers Brokers Singapore


Tap on DBS GROUP HOLDING PTE LTD(D05)

Source: Tigers Brokers Singapore


Tap on Trade
Source: Tigers Brokers Singapore

Tap Buy/Long.In my case, i am buying DBS stock(D05)

Source: Tigers Brokers Singapore

The plus point for tiger brokers,is that it provide real time Level 1 data for SGX at no extra charges compares to resources like yahoo finance,where it is delayed.This allow you to determine your buy price precisely.
Source: Tigers Brokers Singapore

The terms are explained as follows:

Code:DBS GROUP HOLDING (Stock Code)

Direction: Select buy if you want to buy shares and select sell if you want to sell the shares(In my case,i select buy)

Type or order type:Limit order(buying or selling a share at specific price.Always choose Limit order!!!,market order(buying or selling a share at the current market price where order get filled immediately)

Limit Price: The price you would like to buy/sell your share at(In my case, I enter at 21.79)

Quantity: How may share you would like to purchase(In my case, I select 100)

Note:In Sgx, 1 lot=100 shares

Ignore buy on cash and buy on margin unless you are leveraging

Amount: Shares x price (100 x 21.79=$2179.00)

Valid period:Day Order(A day order is a order good for that business day only.If the order is not filled by the end of today market close,it will expire.This is the order we are going for, for simplicity sake)

Then click Buy,the order details will appear.

Source: Tigers Brokers Singapore


Double check your order detail and tap confirm

To check if your order is filled.Tap on trade then tap order.An example of filled order is shown below.


Source: Tigers Brokers Singapore

Once your order is filled,you are done!(You have made your first investment!)

Pretty easy right?(Do watch out for my next post,thanks for reading!)

Saturday, 29 August 2020

(Post 123/ Yr 3 Wk 46)Learning investing/trading together #30:How to fund your tiger brokerage account

For a review of tiger brokers by seedly,you can refer to here!

As for creating an account with tiger brokers ,you can refer to here!

In this learning/trading investing post,i am going to show how to fund your tiger brokers account!

For Singaporean investors, we would just simply do a bank transfer to the tiger broker account number

So,why choose tiger brokers as a brokerage?

Pros
  • Good customer service, when my account wasn't funded after about an hour, I give tiger brokers a call and my account fund was immediately updated after 5min.
  • Tiger is probably the cheapest brokerage available for Singaporean resident out there to invest in SG stock(refer to fees table below)
  • Unlike interactive broker, it does not have a monthly activity fees of $10
Cons
  • New broker,may not be reputable and established as existing Singaporean brokers such as dbs vickers
  • Must transfer money to your custodian bank account assign to you and they will update your account balance(Updating of balance in the account generally takes from 30 min to an hour not immediately 
  • For purchasing of US share,Interactive brokers commission is still cheaper and TD Ameritrade commission is free
Onto the step by step guide on how to fund your brokerage account for tiger brokers!

1) Transfer money into your tiger brokers Account

How much to transfer?

Well, it depends on how much your budget to purchase those stock and whether you have enough in your bank

Currently, the Brokerage charges for tiger broker(Singapore market) are as follows:

Source:Tiger Brokers Singapore
And as for US market:
Source:Tiger Brokers Singapore

Hence, the minimum amount one should invest to maximize the brokerage fee is actually any amount they wish to invest or trade in stock (with 0.08% commission, it allow you to dollar cost average into Singapore stock, e.g. DBS)

***Note: You can invest in any amount you like, in my personal case I use either $3000 or $5000 or $7000

So you have decided the amount? What's next?

Transfer the money, of course!

2)Transfer your money to fund your tiger brokerage account

Log in to your tiger broker account. Tap on me(White circle),then tap on Account Summary(orange circle)

Source:Tiger Brokers Singapore 

Tap on fund deposit

Source:Tiger Brokers Singapore 


You will be brought to this page,tap on Deposit with SGD

Source:Tiger Brokers Singapore 

Tap on Singapore Bank Accounts

Source:Tiger Brokers Singapore 

You will be brought to this page, scroll down and select the bank you wish to transfer the money from (in my case, I select DBS bank)

Source:Tiger Brokers Singapore 

Tap on View Payment Information

Source:Tiger Brokers Singapore 

Then tap on View Wire Transfer operation example

Source:Tiger Brokers Singapore 

Log in to your DBS I banking account and select transfer money

Source:Tiger Brokers Singapore 
Tap on one time transfer and tap on transfer to other DBS /POSB

Source:Tiger Brokers Singapore 

Enter Recipent name and Enter Account No and Tap Next(The beneficiary name and The bank account number ,you have previously copy)

Source:Tiger Brokers Singapore 
If the recipient name is more than 20 char, just leave it as tiger brokers sg

Enter the amount you wish to transfer (E.g. $0.01) and then tap next.
Source:Tiger Brokers Singapore
Then screenshot the page below to provide as proof of deposit

Source:Tiger Brokers Singapore
Go back to tiger brokers app and tap on "funds remitted, inform tiger to check"
Source:Tiger Brokers Singapore

Select the remittance currency, enter the remittance amount and the remittance bank account number that you have used to transfer. Scroll down and tap on upload pictures. After that,Tap on Submit Deposit Notification.
Source:Tiger Brokers Singapore

And you are done! Do follow up with the customer service if your account is not funded within the next 1hr

Hope this guide helps!