IFAST was one of the best performing SG stocks in 2021.   Climbing from $3 to about $10 in just 9 months in 2021.. a whopping 228%..   It went to a high of about $10 in Oct last year and sellers were just there to defend and pushed prices down each time it neared.   As we begun 2022, more weakness crept in and it has seen traded down by more than 50% from it's peak at 10.00...   yes, you head it right... a 50% sell down with prices at about 4.76 now.!!! So what should we do now?   Is it time to rush in like there is no tomorrow for the biggest bargain ever or..   should we still be cautious of more selling that can potentially happen?     Joey here, Top Tier Remisier and trader in Phillip Securities.   Watch this

After surging from $1.00 in 2020 to an incredible high of $10 in 2021, how will iFAST share price unravel in 2022? The spell-binding run of iFAST share price was certainly stuff of legend among SGX stocks. Given that the counter has recently stalled at $6.00 levels, is it a good time for investors to enter? For background, iFAST is basically an online platform company offering investment products to retail investors. At the same time, financial institutions and banks can distribute their investment products through iFAST’s platform. The supersonic boom of iFAST share price was due to the award of Hong Kong ePension scheme in early 2021. iFAST partnered with Hong Kong’s PCCW (owned by Li Ka Shing’s son Richard Li) to develop the digital platform for Hong Kong’s HK$1 trillion Mandato

My boss Chris did an interview with AngelCentral founders Lim Der Shing and Huang Shao Ning on The Providend Conversation in iFast Central. You can watch the interview here. When Der Shing and Shao Ning sold JobsCentral in 2011, they became financially independent, probably with good margins. This interview is a little different from some of the interviews that they did in the past which talk more about their entrepreneurship journey and their work at AngelCentral. I thought that many who aspire to be financially independent or just navigating life, in general, can gain some perspectives from Der Shing and Shao Ning’s candid sharing. Here are some of the stuff they covered: Why did they leave their seemingly sturdy careers to start something riskyShao Ning share

In the last article, I pointed readers to some data showing how the current bond situation. I thought this would also be a good time to review how the mutual funds/unit trusts that investors turned to for income are doing during this carnage. Some investors naturally gravitate towards income funds. The high net worths were recommended strategies that involve leveraging income funds to boost yields in a “fundamentally sound manner”. I wonder how many investors were shocked that funds made up of bonds can do returns like this. Anyway, if you browse iFast’s Fundsupermart, you will be able to review a lot of fixed income funds. There are like 546 funds. Some of these funds are duplicates because some funds but different fund classes are considered different lin

  I  just completed another 𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤 𝐋𝐢𝐯𝐞 𝐬𝐡𝐨𝐰 𝐜𝐚𝐥𝐥𝐞𝐝 𝐀𝐒𝐊 𝐌𝐄 𝐀𝐍𝐘 𝐒𝐓𝐎𝐂𝐊𝐒 where we did a LIVE POLL and I dived into the Top Singapore Stocks that you guys are asking about and need a quick opinion on. 🙋   We went on for more than an hour and below is the list of 10 SG stocks and the time they were discussed. Hope you find them useful. 😅   Be sure to join us in the next live call.   Some of the stocks asked were actually shared with my clients before any meaningful move started. Watch here >> https://bit.ly/FBLiveReplay-31Mar22   Want to get some of my Top SG trade ideas by WhatsApp Live as it happens? 👈👈  

China has grown by leaps and bounds over the last few decades. Its annual gross domestic product (GDP) took off in the 1990s after economic reform and accelerated exponentially in the early 2000s when China joined the World Trade Organization. Here is the GDP of China and the U.S. — the world’s two largest economic superpowers — over the past 60 years. Source: World Bank Notably, the gap between two titans is becoming smaller as China’s GDP reached US$18 trillion in 2021. As forecasted by analysts, China’s GDP is projected to overtake America’s in the 2030s, a decade from now. However, in terms of GDP per capita, the U.S. (US$63,400) is still way above China (US$10,400). There are still many investment opportunities to bank on the China’s continued development

Chinese New Year Special Offer! The wheels finally came off the wagon for iFAST share price. From nearly $10 in October 2021, iFAST share price plunged 38.7% within three months to reach the current $6.10. Year-to-date, iFAST share price corrected 26%. The devastating meltdown of iFAST share price caught many investors by surprise, not least due to a confluence of factors. One of my Lifetime Members reached out to me and sought my insights. My last article on this counter was a year ago – 25 January 2021. Back then, iFAST share price was trading at around $5.20 and I had warned that there was tell-tale sign of a massive bubble building up. My opinion was that retail investors should be cautious of being caught with their pants down when the tide turned against them. In 2021 alone, vo

The STI gained 126 points or 4% in January at 3,249.59 The rise came despite Wall St’s nervousness and correction US investors worried about number of rate hikes in 2022 DBS and UOB made major regional asset purchases in Jan Three SPACs listed, only Vertex held its ground Will January’s 4% gain be mirrored in the whole year’s performance? There’s an old saying on Wall Street that “as goes January, so goes the year.” In other words, what happens in the financial markets in the first few weeks of the calendar year tends to set the tone for the rest of the year ahead. As far as local investors are concerned, most will surely be hoping that the saying will apply in 2022, given that for the past month, the Straits Times Index has risen 124 points or 4% to 3,249.59. That the full

The STI lost 48 points or 1.45% at 3,246.33 Main concerns were US Fed tightening in face of rising inflation Question is how many rate hikes there will be – 3 or 4? 3rd SPAC Novo Tellus ended debut below its offer price Contractor Alpina Holdings ended debut just above its offer price iFast continued to come under pressure Outlook: more volatility ahead Wall St’s weakness eventually took a toll here Last week was all about whether the local market could hold its ground in the face of a nervous and unsteady Wall Street where inflation and interest rates fears took centre stage whilst the US Federal Reserve held its first Open Markets Committee meeting of the year. As it turned out, the answer initially was “yes it could’’, but as the selling in the US market intensified as the

  IFAST was one of the best performing SG stocks for 2021.   Climbing from $3 to about $10 in just 9 months.. a whopping 228%   However, over the past few months, some weakness seem to have crept in and also with some news affecting prices negatively.   So where can we head to now in 2022 as we begin the new year?   𝐈𝐬 𝐭𝐡𝐞 𝐌𝐀𝐒𝐒𝐈𝐕𝐄 𝐔𝐏𝐒𝐈𝐃𝐄 𝐌𝐎𝐕𝐄 𝐭𝐡𝐚𝐭 𝐰𝐞 𝐡𝐚𝐯𝐞 𝐬𝐞𝐞𝐧 𝐢𝐧 𝟐𝟎𝟐𝟏 𝐎𝐕𝐄𝐑 𝐚𝐧𝐝 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐭𝐨 𝐡𝐚𝐩𝐩𝐞𝐧 𝐧𝐨𝐰?         Watch this video all the way to the end as I dissect the chart of IFAST stock for you.   It was in