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Billy Ko

6 years vested in the stock market

Billy Ko

President - Investment Club at Singapore Institute Of Technology

About

6 years vested in the stock market

Credentials

President - Investment Club at Singapore Institute Of Technology

Billy Ko

President - Investment Club at Singapore Institute Of Technology

  • Answers (103)
  • Questions (4)
  • Reviews (1)

Investments

Singapore Saving Bonds (SSB)

Savings

Billy Ko
Billy Ko
Level 6. Master
Answered 4d ago
Hey there! It's great that you have the mentality of wanting to grow your money rather than placing it in the bank and watching it's value decrease due to inflation. SSB is indeed offers a safe avenue to grow one's wealth. However, looking at the rates published for Nov'19. One can see that even if you were to hold the bonds for 10 years, the average interest rates doesn't even hit 2%. I recently placed my money into Stanchart's Jumpstart savings account. It offers 2% interest that is paid on a monthly basis, hence your compounded interest will equate to an interest rate higher than that of 2%. Some T&C's to note of: 1) Only valid for first $20,000 2) You need to open the account before 27 years of age. 3) There isn't any information on what the interest rate will be after you cross 27. However, it will still remain constant at 27 should there be no change in terms. You can find out more about the Jumpstart account here

Stocks

Hi! Settlement date is the date of which money has been transfered, hence it will be a couple of days after you've traded your stock.

Investments

Stocks Discussion

REITs

Just take the number of units of Ascott offered multiply it by the current share price of Ascott, minus cash given and then divide it by the number of units of Ascott offered i.e. if you have 1000 AHT shares 1000 AHT x 0.0543 = $54.30 794 AHBT $1.30 = $1032.20 $1032.20 - $54.30 = $977.9 $977.9 / 794 = $1.23 Thus, if Ascott falls below $1.23, it'd be more worth it to sell off your AHT shares in the market

REITs

Investments

First of, congrats to us (I have some as well) because Ascott REIT is going to acquire all of AHT's shares at $1.08 and since IPO till date, AHT has never reached that price, hence its definitely beneficial to AHT's unitholders. They will do this via provision of shares from Ascott REIT-Business Trust (the combined entity following the M&A) and cash as mentioned by Darren :) However, this is with the assumption that Ascott REIT's price is at $1.30. Therefore, if Ascott REIT's price begins to decline, then the worth of AHT holdings would be less than $1.08. Therefore, a lot is dependent on how Ascott REIT performs

Career

I've interned in HR previously and have had the opportunity to sit in interviews. It might be a lil' sensitive too pose such a question if the underlying purpose is to use that as a negotiation for your salary. And furthermore, one must understand that within a role there are various grades as well hence the role isn't a determinant of your salary. Salaries should be negotiated based on your experience and what you can contribute to the company rather than what is budgeted.

Stocks Discussion

Stocks

Trading

Bull Market

Market Correction

Bear market

A virtual account is good for you to practice your investment rationale and thesis but it negates the emotional factor behind investing which I find is a considerable and significant factor in determining how one executes their trades in reality. i.e. When one's virtual account drops 50%, one is still able to sleep soundly, but if that occurs in real life where money is real, the pinch and emotional attachment behind that monetary value would be very different. Here's some virtual accounts you might want to try out your investments on: https://www.investopedia.com/simulator/ Tradehero (on Android and Apple) But my 2 cents of advice, try investing with real money, put in a small amount, buy into a sound + reputable company and try dabbing your toes in investing.

Seedly

Desktop! 1. I prefer giving more detailed and specific answers with the accompaniment of any pictures / facts / statistics. 2. Easier to conduct reserach on desktop 3. Can easily juggle between tabs as opposed to having to open a post and going back and having to scroll down the entire feed to continue writing. One suggestion though, perhaps Seedly could rename "Questions" into "Posts" (Similar to posts that Kenneth has). I'm certain some of us in the community have things to share from time to time therefore it wouldn't exactly be categorised as a question. I understand you guys have a blog but it's a tad too much of a hassle to pen such a long blog post.

Investments

Savings

Singapore Saving Bonds (SSB)

Hi there! Hmm, perhaps it would be of added-value if you included some context in your question, SSB as opposed to Savings account, then without a doubt, since SSB is risk-free but SSB as opposed to REITs then perhaps not so, given how REITs (for the first half of 2019) actually outperformed the STI index constitutents. With Fed lowering interest rates, I believe one will see the returns of SSB going lower as well and with the lowering of interest rates, REITs with variable interest would see increase in prices given how more of their income will be allocated as distribution to shareholders :) To answer your question, I would recommend you to segment / allocate your money into various asset classes so as to diversify your risk and ensure liquidity of your assets at the same time. Hope it helps!

Investments

Stocks Discussion

It really depends on the nature of the business 1) Is it a cyclical stock? What was the reason that drove up the price movement? 2) Is it at 52 week highs? How are the buying / selling volumes now? 3) How are the cash flows of the company? (positive cashflows?) 4) Is the dividend payout ratio increasing? 5) Is the Earnings per Share increasing? Behind a decision is a lot of investigative work, just keep asking why and the answer will come to light
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