Getting Started With Singapore Stock Market - SGX)

Buying the first stock in Singapore is relative easy. To start trading in Singapore, We need a CDP A/c (Central Depository )  and a Brokerage Firm ( Securities Members ).

Thｅ　ＣＤＰ　ａｃｃｏｕｎｔ　ｋｅｅｐ　ｔｒａｃｋｓ　ｏｆ　ｏｕｒ　ｓｔｏｃｋ　ｐｕｒｃｈａｓｅ　ａｎｄ　ｓａｌｅｓ　ｗｈｅｒｅ　ａｓ　ａ　Ｂｒｏｋｅｒａｇｅ　Ｆｉｒｍ　ｐｒｏｖｉｄｅｓ　ｕｓ　ａ　ｐｌａｔｆｏｒｍ　ｆｏｒ　ｕｓ　ｔｏ　ｅｎｔｅｒ　ａｎｄ　ｅｘｉｔ　ｔｈｅ　ｍａｒｋｅｔ．

For this list taken for SGX , a few common what that we know are the local banks like UOB Kay Hian ,DBS Vickers , OCBC Securities to name a few where you can walk into the respective bank and request for an opening of an a/c. ＣＤＰ　ａｃｃｏｕｎｔ　ｏｐｅｎｉｎｇ　ｆｏｒｍｓ　ａｒｅ　ｎｏｒｍａｌｌｙ　ｄｏｎｅ　ｔｏｇｅｔｈｅｒ　ｉｆ　ｙｏｕ　ｈａｖｅ　ｎｏｔ　ｈａｖｅ　ａｎ　ｅｘｉｓｉｔｉｎｇ　ＣＤＰ　ａｃ．

Ａｃｃｏｕｎｔ　ｏｐｅｎｉｎｇ　ｖａｒｉｅｓ　ｆｒｏｍ　ａ　ｗｅｅｋ　ｔｏ　ｔｗｏ　ａｎｄ　　ＣＰＦ　statement　ｏｒ　ａｎｎｕａｌ　ｉｎｃｏｍｅ　ｔａｘ　ｓｔａｔｅｍｅｎｔｓ　ａｒｅ required to have a 'margin' account.

Margin ac is similar to a credit card. ( Just that you have to clear your bill within a week) How big your credit limit is affect the amount of stock you can own and purchase at 1 time.

The margin limit normally is peg to your annual income of 1 to 3time. where a whole lots of other factor. ( Referred by a friend... have a 'fat' saving ac in the bank or such ).

Brokerage firms are a good source of getting additional local market news on top of whats mention in the papers and the news. ( through the website or though a broker that is assigned to you when your ac is open)

All in all, to get a feel of investing. trying out buy/sell virtual trade before coming in with the real money.  Brokerage firms are a good start as its basically free and you can familiarize the tools , platform and system.

With a CDP ac and a brokerage ac open, what to trade when to trade comes after.... everything starts somewhere and to invest in Singapore market.. opening of the above mention a/c is the first step.

Save time?

While tranversing the HDB estate sometime, we sometimes take short cuts by passing through the back of the HDB block, where clothes are hang. It harmless and relative fast after all. 

Occassionally, we see some 'flown' away clothes on the floor or rubbish thrown off the windows. IT never occur to be dangerous to be walking behind those HDB until recently, a bambo pole be dropping down from my section of my flat. 2 times to be exact.



The first time, the pole hit the rear window of a car, smashing it to pieces and the 2nd time it landed empty on the floor while i'm walking past.


Though it save time, its a good reminder to walk in a shelter walkway and under cover at all time.

On the lighter side of life, at least theres no undergarment 'floating' about that might affect our luck in 4D and Toto.

Know Myself & Being The Best

A 4 step quote to improve our self to be the  best, to excel in the area we want to be in.

Find a role model, (One that is will known and respected)

1. Look what they are doing.
2. Think what they are doing.
3. Do what they are doing.
4. Do more then what they are doing.

*It could be in the company, in the country or even in the world.

To start of and know which area that require more effort and attention. Take a quick 15 question evaluation survey.

From a scale of 1 to 10. Grade each individual points.

1. Self Confidence
   
2. Personal Ambition
3. Adaptabity
4. Persistence
5. Taking action (swiftness)
6. Order of Organization
7. Communication with others.
8. Personal appearance.
9. Plans & Planning.
10. Time Management.
11. Daily activity awareness.
12. Focus (vs against daily interference)
13. Dealing with problems.
14. Happiness & Contentment.
15. Physical Conditions.

1. 
   

I once read a book off the shelf in a book store on time management.
If time is a currency place in your wallet, and your swop it like currency in personal, work and family. What is the currency that you what most of your time be in?

*Manage time well and everything will  fall in place for time is a currency that can never be replaced or earn.