Alex Chua Cheng En
Level 3. Wonderkid
‧ 13 upvotes received
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Eager learner of investment (learn it for 6 months). Have been playing with p2p lending platform (funding societies) for 4 months
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  • Asked by Thaddeus Tan

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Answered 1d ago
    Everyone has their ideal REITs. Other than earning your stable dividend payout, you would not want to lose money. There is no best REITs. There is only better REITs out of the choices available at that moment of time in your level of confidence. The Reits can be good fundamentally, just that it is sold at a premium value or too pricely. What is measured as decent by most are: -growing dpu (distribution per unit) - gearing ratio -interest coverage -balanced weighted average lease expiry -good management team. Spoilt with choices or in a dilemma, you can build a better or more balanced Reits with a portfolio of good REITs u understood. This could potentially reduce unnecessary risk and reduce money loss
  • Asked by Anonymous

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Updated 2d ago
    I have here's my promo code. Ended on 31April. The referral code is received $18 cashback when invested at least $500 Pm me :=)
  • Asked by Anonymous

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Answered 2d ago
    Theoretically, everyone starts from zero with zero experience. The question is how willing and how prepared are you willing to make the move. To define experience is how many knowledge you manage to internalise, how many actions you take, and how many mistakes you managed to learn from. If you exclude Sti index as a stock, I would like to ask how confident, ready, or prepared to execute and mentally prepare to loss that amount of money. What is your game plan and how are you going to enter or exit or how often reviewing the holding stocks? It is not practical to look at it everyday. By preparing for the worst, you could plan out how to prevent or potentially reduce your risk. Best, not to never lose the money. P. S From someone who just started. Screw up my starting strategy. Too bad, can't rewind time
  • Asked by Anonymous

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Answered 5d ago
    Simplistic term : percentage of your outstanding loans have been lost and is highly unlikely to be recovered = default = "unrecovered" money The followed up for defaults can be complicated but just treat it as your money is gone for good
  • Asked by Anonymous

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Answered 1w ago
    Adding on and reiterate some of the others' points: Too risky is an overstatement if you just jump in, not even sure what you are doing. As a beginner investor, have you done enough research to reduce and manage your risk? R u comfortable with the risk? And the platform? What do you you do to prevent or reduce defaults? If there r defaults, what actions should you take after that?
  • Asked by Anonymous

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Answered 1w ago
    Everyone is once a newbie. People learnt from mistakes then started getting better. If not, worse. I would not give you answer to your question but would like to ask you to ask yourself question: How much are you willing to pay and prepare to lose in P2P Lending? Why do you choose to look at or even want to try p2p lending? How much have u researched on p2p lending? Is it regulated? Are you comfortable with the platform? Is there any measures the platform do to avoid default? What do they do in an event of default? Most importantly, what do you do in an event of default and after that? Are you prepared for the risk and even reduce those risk? For your last question, think that is unlikely and it is mostly highly unlikely
  • Asked by Anonymous

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Answered 1w ago
    Here's mine... Everyone has a max amt of 10 times Get the app and accept the invitation with this special link: https://youtrip.app.link/CHENG%20EN,%20ALEX85509
  • Asked by Anonymous

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Answered 1w ago
    I would just answer the first question to add on to what Zann Chua said. I am curious why do you want to stop saving? Why not both at the same time? There are a lot of reasons why you should save and what you want to save for. Just how much much do you want it to be? Starting investing could be easily done with regular saving plans on Sti etf. While at the same time, you gather knowledge on how to invest. Most or all investing are started with researching and analysis of companies (famous investors mentioned at least 90%). The rest 10% is patiently waiting for a chance to act. Sourced from famous and experienced successful investors, like Warren buffet. Totally have no intention to copyright. After doing my homework that I find myself that learning is infinite.
  • Asked by Anonymous

    Alex Chua Cheng En
    Alex Chua Cheng En, Pcme at Anderson Junior College
    Level 3. Wonderkid
    Answered 2w ago
    I think some platform has linked to sing pass.
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