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Bjorn Ng

Just your "average joe" who likes to share my experiences to help people.. And talk a lot!! Add me up on Instagram! @bjornng

Bjorn Ng

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Just your "average joe" who likes to share my experiences to help people.. And talk a lot!! Add me up on Instagram! @bjornng

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Bjorn Ng

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  • Answers (451)
  • Questions (10)
  • Reviews (2)

Investments

ETF

Stocks Discussion

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 22h ago
If you receive the dividends as cash and do not reinvest, then it does not compound. If you do, then it does. For example, IWDA actually auto reinvests your dividends for you. Counters such as STI ETF do not. But you would have to manually reinvest your dividends by buying more of the stock (more fees btw). The appeal of ETFs would be to give you a basket of top stocks (subjective) just by buying a single stock. It works for individuals who are looking for a "one-stop diversified solution for the long term". That said, true compounding lies in a business who is growing their business every single year - the compounding will reflect in their share price!

Stocks Discussion

FSM INVEST EXPO 2020

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 22h ago
I guess the difference is that warrants have a longer duration than options. With low liquidity and volatility in SG markets paired with the short time frame of options, I think it would be tougher to create any traction for it as well. Also, not taking into account fees for short term options trade! But I honestly think those invested in SG markets, are much better to off to focus on the fundamentals of buying a strong business and holding it on for long term, rather than trade out trading instruments/deriavatives.

Investments

Stocks Discussion

SAXO Capital Markets

SAXO Markets

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 22h ago
Hi there, that is right. You fund it in SGD, and when you purchase for example a US stock trading in USD, Saxo will do the conversion for you real time based on their currency conversion rate & fees.

Stocks Discussion

Income Tax

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 23h ago
Nope, I think that the 30% withholding tax only applies to dividends if you receive. If I am not wrong, capital gains are not taxable.

Stocks Discussion

REITs

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 23h ago
Hey there, for SG REITs, you do not need to pay income tax on REITs capital gains and dividend.

Stocks Discussion

Investments

Lifestyle

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 23h ago
I have a friend who uses it! However, I did not bother to probe much as I am using IB as well. Their commissions are basically 1 USD, they are well known in the market with TD. I would personally prefer my stock holdings to be somewhere reliable and proven by the market.

Stocks Discussion

Investments

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 23h ago
For me, I use EV/EBIT, and I calculate their forward earnings. That would show me the intrinsic valu of the stock. There are other methods like the DCF model as well, but different business would kind of "require" different metrics to look at, for example EV/EBIT would not work for SaaS companies.

Savings

Investments

Stocks Discussion

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 23h ago
Technically even the most negligible risks also has risk - so zero risk is actually a myth. The closest you can get to that is government bonds, or probably your own bank savings account. You can consider to diversify in STI ETF, bonds or CPF.

Stocks Discussion

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 23h ago
Concentration risks of course. Right now, REITs are priced high because interest rates are low. However, if it goes the other way, there is a possibility REITs will correct downwards. Think of it as you just putting all your money in 1 stock, pretty close analogy.

Stocks Discussion

FSM INVEST EXPO 2020

Bjorn Ng
Bjorn Ng
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Top Contributor (Dec)

Level 9. God of Wisdom
Answered 1d ago
I literally came across this article on Quora few days back, it's super funny. People literally draw an animal/dinosaur outline of the past charts, followed by 'it' vomiting (share price decline). Hahah!
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