By the way, during dinner, my two friends (couple) told us that while we were massaging, they went to sing karaoke at KSL city mall at I am a singer family karaoke (located on level 2 KSL city mall) for about an hour, which cost them about 50rm (after 6pm)
Sunday, 12 June 2022
[Post 124] 1 Day trip to Johor Bahru after 2 years (Eat, Massage ,Karaoke)
By the way, during dinner, my two friends (couple) told us that while we were massaging, they went to sing karaoke at KSL city mall at I am a singer family karaoke (located on level 2 KSL city mall) for about an hour, which cost them about 50rm (after 6pm)
Sunday, 22 May 2022
[Post 123]Can You Really Make Money With Play To Earn NFT Games?
Simply put, no. Evidence from the video suggests that such virtual Blockchain-based games should be avoided. The video also mentions that in order to play such games, players must first come up with the money. Furthermore, CNA suggests that it might be a Ponzi scam or pyramid scheme in which money from new players is used to pay out money to existing players. In summary, avoid such games if you have to come up with the cash in the first place. You are definitely better off selling NFT, but it is crucial to note that "minting" or generating an NFT still requires crypto, as seen in the video below, which provides a local Singaporean artist's view on the process of how to create ,buy and sell nft.
Friday, 4 June 2021
[Post 122] 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
unfortunately,coinpot has close down and so all of the related crpyto in my account is gone,oh well,hahaha
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 earnings for latest update of zero dollar project:$5.18 +$43.75=$48.93
Saturday, 12 December 2020
[Post 121]Investment 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.
Sunday, 6 December 2020
[Post 120] Zero dollar project updates:carousell,Bitcoin Faucets,Short Link,Online survey
Updates for zero dollar project
1.Carousell2.Bitcoin faucets
3.Short link
4.Online survey
1.Carousell
My carousell:carousell.com/eric996
Did not keep track due to studies,assume NIL
Current coinpot holding
Bitcoin core: 6789 Satoshi
Bitcoin cash: 19958 bch
Dogecoin: 72.39. doge
Litecoin: 0.00253719 ltc
Dashcoin: 0.00094960 dash
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)
Tuesday, 1 December 2020
[Post 119] Learning investing/trading together part 32:Intro to FSM regular saving plan for US stock
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?
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
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 index
What does FTEC contain?
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
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?
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
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 118]Learning investing/trading together #31:How to purchase a stock with Tiger Broker mobile
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
- 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
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)
Tap on Trade
Tap Buy/Long.In my case, i am buying DBS stock(D05)
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.
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.
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.
Once your order is filled,you are done!(You have made your first investment!)
Pretty easy right?