Friday, December 23, 2016

Basic Steps to trade in stock market Singapore.

Before you can start trading, you will need two accounts: a securities account with The Central Depository and a trading account with a stockbroking member of SGX ST
The securities account is for the settlement of trades. It maintains all the shares you will buy on SGX, and electronically records the movements of the shares in and out of your account as you buy and sell them. The trading account allows you to trade shares in the stock market. Both these accounts have to be linked before you can start trading.
To open a securities account, you will need to be 18 years of age and must not be an undischarged bankrupt.
Just complete the application forms for the opening of a CDP direct securities account through your broker or directly with the CDP. That means, if you sign up with a stockbroking company, you can open both accounts with your stockbroker at the same time.
While you can have only one CDP securities account, you are free to open trading accounts with multiple stockbroking houses. Below are the list for your references.

Wednesday, July 23, 2014

Posb Blue Chips.

What is Posb Blue Chips?

It is a simple and lower cost approach for those with not much cash in hand.
Starting from minimal amount of $100 a month and a low sales charge of 1% with no exit and redemption charges.

Good for those who starting to consider investing but don't know where to start.

For more Info:http://www.posb.com.sg/sites/personal/investments/invest-saver/faq-important-notice/default.page