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Personally, when i started, my RM keep asking me to average down many many years ago today the stock is only 4cents I bought at IPO made about 30K then RM ask me buy in when it dropped i bought it at 90+cents and average down along the way until 40cents then give up lost more than 1/4mil p i s s e d o f f lesson learnt - never be greedy, make your own decision - if wrong only yourself to blame this is my biggest mistake in stock market, i will always remember so that i will not make the same mistake again business - will share later when others

Heard usd will slowly appreciate. I am thinking of converting some sgd to usd thru money changer. Any comment or recommendations?

Hi, i am a newbie in investment. Are there any SGS right now which i can invest and will give a coupon rate of > 3% with maturity in 2 years? Thanks in advance for all advises.

Parked some in unit trusts ard 3 years back but find the returns quite CMI - average onli ard 3%. Juz curious if any bros got good tips on what to invest in wif ur surplus SRS funds?

This coronavirus anxiety caused me to make these money mistakes. I've read that the swift and unprecedented spread of the COVID-19 outbreak has made the financial markets extremely volatile, leaving investors with huge losses in a short timeframe. I must admit when pandemic started, stocks and crypto went down and as an aggressive investor, it lead me to sell my shares. It give me literally losses and up to now, I'm doing no good. I'm having panic attacks thinking on what kind of investment is the right ting to do. There are also sleepless nights and its making me feel drained. What do you think should I do? I need help.

Real estate crowdfunding - will singaporeans bite? The next big thing in real estate investment Flip through any newspaper over the weekend and you will see a buffet of investment options in the real estate market. Typically, there are investment options from Melbourne, Sydney, London, Ho Chi Minh City, Tokyo, Bangkok, and the list goes on. By Tan Kok Keong - April 29 Flip through any newspaper over the weekend and you will see a buffet of investment options in the real estate market. Typically, there are investment options from Melbourne, Sydney, London, Ho Chi Minh City, Tokyo, Bangkok, and the list goes on. However, as many investors have found out, owning a property overseas can entail a lot of pain: The pain of finding a good absentee manager, the pain of sourcing tenants, the pain of paying the high cost of ownership, the pain to ensure compliance with taxation laws, and the pain in selling off the investment. Perhaps it is time for a rethink. Investors in Singapore might want to rethink their allocation of resources and look at real estate crowdfunding as a viable alternative. Real estate crowdfunding: Can it take off in Singapore? Crowdfunding is a way to collect small individual amounts from many people to fund opportunities or causes. In the United States, several real estate crowdfunding platforms such as Prodigy Network, Fundrise, Realty Mogul and RealtyShares have collectively raised millions for real estate projects. One of the most prominent, and perhaps the largest, crowdfunding project in the world was started in Bogota, Colombia, where Prodigy Network pulled together funds from more than 4,000 people, raising a total of US$190 million (S$255 million) to fund BD Bacata. BD Bacata will be the tallest skyscraper in Bogota and the second tallest in South America, with 67 floors destined to be used as a hotel, apartments and a shopping centre. Growth of similar platforms is observed in Australia, the United Kingdom and China, among others. Massolution, a leading research house on real estate crowdfunding, estimated that real estate crowdfunding value will increase by 150 per cent to US$2.57 billion in 2015, making it one of the fastest-growing industry segments of crowd capitalism. In our opinion, investing in real estate in Singapore will follow the same trend as in New York and other developed markets. Just look at how crowdfunding has already started to change the small- and medium-sized enterprises (SME) loan market in Singapore. What special deals can crowdfunding platforms offer? Studying the evolution of the crowdfunding market in the US, we evaluated the offerings of one of the earliest crowdfunding platforms, Prodigy Network. Prodigy Network lets investors into commercial real estate markets in New York City. Imagine owning part of a commercial building in New York’s renowned Wall Street or Park Avenue! Investing in real estate in major cities such as New York is attractive for two main reasons: It is a tangible asset and, considering that the demand for real estate in New York is far higher than the supply, the value of the properties has a high probability of appreciating over time. Now when it comes to what type of real estate to invest in, the choices normally come down to two: Residential versus commercial. From an investing perspective, commercial tends to be the most sought-after strategy, given that it has lower risk and that its cash-flow generating operation increases the value of the property through time. Historically, access to these kinds of investments was restricted to the very wealthy or financial institutions, given that most commercial real estate properties in Manhattan are valued in between US$100-US$250 million. But now, due to the JOBS Act, which is the regulation that permitted crowdfunding in the US, and due to the power of technology, which allows millions of individuals to be connected through their mobile devices, platforms such as Prodigy Network are pooling together investments starting at US$50,000 from around the world in order to fund these projects. In other words, real estate crowdfunding is democratising some of the most attractive and profitable opportunities in the real estate sector. We think that, over time, developers in Singapore will start to explore fundraising efforts in the same way they have evolved in the US. Technology enables, but do not forget real estate fundamentals Even the best technology will not salvage a bad deal. Investors should be aware that while technology enables, they should not lose sight of analysis of the risks involved and whether they are equipped to accept the risk. Understand legal structure of the investment Investors should always remember that in a bad market there could be good investments that are well structured, and in a good market there could be badly structured investments. In a typical crowdfunding structure, investors typically buy into shares of a special purpose company (SPC) or units in a trust. This SPC or trust will then invest in the property. Such investments could be in the form of shares of a development company, a secondary loan to developers or joint ownership of a completed property. Investors need to understand the liabilities and the rights to returns or dividends when investing in such structures. Assess the risk versus the rewards Investors need to start to assess the risk of each investment and whether the returns are sufficient to compensate them for the risk. Do not be taken in by “guaranteed returns” as 100 per cent fail-safe investments. Even governments can default on sovereign debt. Investors also need to start to recognise returns are either fixed or variable. In the case of fixed returns, they should ask where the fundraiser got the money to “guarantee” their returns and what the chances are of the fundraiser not being able to find money to pay those “guaranteed returns”. Share expertise and join the community The other important feature for crowdfunding platforms versus traditional investment models is that investors should be more willing to engage in discussions among themselves or with the fundraisers on the crowdfunding platform or social media. This concept of crowd-policing of investments might be the best way to ensure that dubious investment schemes and individuals are kept out of the investment market. Ask the right questions before investing Investors should look at crowdfunding platforms as an enabler of the process of collective investment. Responsible platforms are more likely to conduct due diligence on projects before these are allowed for fundraising. The new trend in real estate investment markets is rapidly changing and investors might want to start to understand more about investment structures, questions they need to ask and what is involved before getting into any deals. ABOUT THE AUTHOR: Tan Kok Keong is chief operating officer and co-founder of Fundplaces, a real estate crowdfunding platform. The_Next_big_thing_in_real_estate_investment.pdf

Recently came across a very old article only that kept me think instead of putting all my money in the bank, should i turn some of my money into useful metals? Buy Silver in Singapore Lately, I have been having some bizarre interest in collecting silver coins. It just feels cool to actually own silver knowing that this used to be used as currency across history. But as a pretty newbie to silver, I won't call my purchases as investing in silver just yet. Nevertheless, I have been reading up quite a fair bit about silver coins to know how much a troy ounce actually weighs. And it is interesting to find out a whole new domain of knowledge literally about investing in silver bullion coins, using it as a hedge against inflation, etc. Well, the first thing to realise is that it is not too difficult to buy silver in Singapore. I am not talking about investing in silver through ETFs but really owning physical silver bars and coins. There are actually quite a few companies that sells silver bullion. Here are the few things that I have learnt about silver coins thus far: 1. Buy silver coins or bars that are widely recognised This seems to be the advice that people are giving in various forums. Coins widely recognised include the American Silver Eagle and the Canadian Silver Maple Leaf. There are others like the Australian Silver Kookaburra from Perth Mint and also the Austrian Silver Vienna Philharmonic. 2. Silver Coins Trade Above Spot Price One can check the spot price for silver easily on kitco or some other website. However, silver coins often trade or are sold above the spot price of silver. Even on Ebay, they trade above the spot price. Silver price has been increasing slowly. 3. Places to Buy Silver in Singapore [Grabbed this off another forum] www.1silver1.com (Website is a bit slow so need to be patient) www.silverag.com.sg www.silverbullion.com.sg www.yashabullion.com www.goldprice.com.sg www.goldsilvercentral.com.sg www.royalsmithbullion.com Many of these shops have a minimum order (e.g. 20 x 1 oz coins) or a minimum purchase of $2000. Some of them have minimum orders of 500 oz and based on today's price of silver, will literally cost you a 20 over grand (estimated $48++ for a 1 oz silver coin). So you really have to be serious about it before making a purchase. The first link actually allows customers to buy 1 oz silver bar as a minimum order. But it is a Scottsdale silver bar and I am not certain that it is as widely recognised as the other silver coins. 4. Buying off Ebay If you prefer to buy loose pieces, you can always buy them off Ebay. However, prices are slightly higher when you do not buy in bulk. Many sellers also do not ship to Singapore. Sources: http://sgfinancialfreedom.blogspot.sg/2011/12/buy-silver-in-singapore.html Anyone have any experiences to share for buying bullion?

I was in CT Hub and happened to see this banner. Wow! Co-farming in Aussie land and can get 64% high returns?

Hello all In your opinion, which of these 2 areas have more upside potential? If you have the money, which area would you put your $$ on, from an investment perspective? TIA

A new Bond is being issued in Singapore. Let's not start with the James Bond jokes. https://secure.fundsupermart.com/main/bond/bond-info/factsheet.svdo;FSMAPPID=wqTF3FdKG6YkmxI0t8GWCCSl2k25du3El4lWB39_yrmJoeyM9Py7!1867248078?DCSext.dept=21&WT.mc_id=58861&issueCode=JK5852351 I like the rate but as I don't undestand bonds I won't be investing. As I understand it although the coupon rate is 5.3% annually the price of the bond can go down as well. So at the end of the investment period money can be lost. Is that correct? Or can anyone provide a simple short version of how a bond works.

Need some advice as I was ask to go there for that... I am skeptical as there are too many negative feedback on the sweet and slick talk which many Malaysian had already fallen into the trap. Any comments welcome. Thank you

As a single man (below age 35) in Singapore, basically i cannot do anything with local property. Not rich enough for Condo XD I am hoping to get a decent HDB once I get married later, so as to get some government grants... Hence I am wondering are there brothers here who have participated in overseas property purchases? I have went through the numerous adverts in Straits Times of property purchases in overseas in countries as diverse as Australia, UK, Philippines, Thailand, Malaysia etc.. (I wonder why not much of USA property), and is a little skeptical. Someone wrote to the Straits Times forum last week mentioning how many of these property companies tend to "collapse" with many investors burnt with money owed to banks, or even better, the land in mind does not even get developed at all... Are there proper ways to look for properties to buy in overseas market? I am actually thinking of Cambodia, then again..... I do not mind learning and doing research, but with so much scams and "big canon fairies" around, hard to know which knowledge is decent.... Any bros or sisters here with advice or experience to share? =D I was thinking of Capitaland's The Ascott Limited - Somerset Norodom in Phnom Penh Price start from $1xxk which is cheap but i wonder how reliable is the rental guarantee they are offering though. Anyone has experience ? Location any good? From http://www.straitstimes.com/business/companies-markets/ascott-to-manage-1st-international-serviced-residence-in-cambodia According to the news "Somerset Norodom Phnom Penh is part of a 28-storey mixed-use development located in an exclusive district surrounded by Norodom and Monivong boulevards. Embassies, foreign banks, multinational corporations and government agencies are within the vicinity, along with many F&B outlets. The property offers a range of studio to two-bedroom apartments, with facilities including a playroom, gymnasium, sauna and residents’ lounge." Somerset Norodom Sales page ; http://conversion-page.com/cambodiapropertyinvestment/

Anybody know anything about this fund. Been invested in it for many years and its given some good returns from 7% pa a few years ago to2.5%pa recently. But over the last 6 months it has done nothing in fact it is now beginning to go down. What has changed???? Any thoughts. Also DBS used to have an Enhanced Income Fund, I think that's what it was called. But it doesn't appear anywhere I can see. Any ideas if it has changed names and what the new name is???

Listen to a talk by one of the Property Group in Singapore. 500,000 lawyer fee, Stamp duty inclusive for 800 Sqft Freehold in berlin. 10 year loan at Fixed 1.8%. Seems quite attractive. Anyone invested ?

Hi guys, On Monday (tommorrow) there will be a new ETF in SGX that focus just on Singapore Reits. I think it consist of a basket of 23 Reits for diversification purposes. And because it is ETF, managing cost is low as compared to unit trust. I think this is a good investment exposure to the Singapore commercial and retail property scene for getting dividends. Just for info, please do your own risk assessment.

https://cpglobal.com.sg/ Anyone heard of this company. Sounds like good track record Happy to hear if I am wrong.

Looking at the resale market, and considering buying condo that is 8-9 years old this year. Is for staying and not renting. Is this a bad investment? Some people tell me never buy 99 years condo. Say next time cannot sell. Is this true? Let's say i buy a 9 years old condo $600K, and stay for 15 years. It will be 24 years old by then. Can it be sold then or too old to sell? What about the value? Will it drop significantly because it's so old and leasehold? How significant a drop, 1/2 price, 1/4 price? What if there's a property boom then, possible for it to retain it's value?

one close buddy is pestering me to invest in this 120% return in one year he has gotten back 30% of his 'investment' so far... granted, he could be 'early' bird.. seems another sunshine empire in the same mould MAS Alert Panama forum info on virgin gold taufik/dicklee/jeremy monteiro was at one of the event. Virgin Gold Website Hardwarezone virgin gold discussion

http://www.channelnewsasia.com/news/singapore/brazil-denies-links-with/1313584.html?cid=FBSG Can't believe that up to 1500 people in Singapore bought into this. 20% return is too good to be true. These people can say goodbye to their money...

Which new launch Condo is good for investment? Considering 1. To rent after TOP or sell at profit in few years time 2. Location like near MRT or internation sch or biz park 3. Less than $ 900 psf 4. Price less than $850K 5. 2~3 bed rooms

anyone here is into wine investment? just wanna check how does it work? advice?

Hi Chaps, I am interested to know more property investment members on the forum and discuss about your your property investment approaches, how you manage your property etc. Just a sharing thread where everyone can tap on each others experiences/know how. Feel free to chip in or even if you are not vested but want to find out more. I am currently vested in residential and industrial properties, I will kick off with the below. What I look for in no particular priorities - Focus mainly on districts 3, 5, 10, 11 - Areas with upcoming MRT stations - Old properties with unused plot ratio - Areas near schools or business parks. Issues faced till date - Termites - Air Con breakdowns - Stuff stolen on property belonging to tenants - Bad maintenance by the tenant Keen to find out more about - Retail Property investment - Overseas investments - Property Auctions - Medical Suites - Districts you believe with upcoming potential

Since MCF has so many rich people and many are keen to share their investment philosophy, cash ratio, property investment, spendings on cars and credit cards, the ST Invest series published every Sunday showcasing the rich, somewhat rich and many times, wannabes, should be the perfect coffee table discussion piece here. This week we have 29 years old Rhonda who is big into property and penny stocks, charges 30k a month to her credit card and drives an M5, my dream car. Any MCFers that are not married should consider her, got looks, monies and brains.

Recently saw this very new stock... Went to recee abit. . . Polaris Ltd., formerly CarrierNet Global Ltd., a holding company. The Company is engaged in active in the distribution and retail of mobile phones, consumer electronics, and related services and accessories. The Company’s business consists of four subsidiaries, of which three are wholly owned and one is a joint venture: Polaris Device Pte. Ltd., which is regional mobile handset distributor; Polaris Network Pte. Ltd., which is a M1 distributor with a network of M1 retail shops in Singapore offering mobile handsets and services; Polaris Telecom Pte. Ltd., which is a SingTel distributor with a network of SingTel retail shops in Singapore offering mobile handsets and services, and Polaris KKC Holdings Pte. Ltd. (70%:30% joint venture between Polaris Ltd. and Koko Capital Ventures Ltd), which operates a network of e-city retail shops in Myanmar offering mobile phones, tablet computers and related accessories. In March 2014, it announced that it has incorporated Polaris Digimedia Pte. Ltd. https://www.google.com/finance?q=SGX:5BI Think can buy and keep?

Hi all this is an old topic which i am trying to approach from a slightly different angle. How long can SGD1mio last a household based on the following assumptions; 1) Household consists of husband and wife with a teenager in local Uni (final year) 2) The teenager son/daughter cannot be depended on for any income source and is infact a current liability untill he/she is financially independent. 3) Both husband and wife have reached mandatory retirement age 4) All houselhold loans and liabilities have been paid off. The house, car etc have all been paid off 5) The household has no other source of income other than their cash savings of SGD1mio 6) Assume null balance in CPF. No value is given to money that you cant see smell or touch. 7) Everyone is in normal health with no big health issues for now. 8) The household has a japanese sedan (Toyota) 1.6l which has 5years COE left 9) The family intends to retire and live here in Singapore Based on the above, if they want to maintain their current lifestyle can they retire now and live on SGD1mio cash? How long will this last them? We had this talk with some colleagues over lunch and the estimates were quite surprising.