3 Aspects of Technical Analysis all traders should know! Facebook0Pinterest0TwitterLinkedinReddit0 Chua Minghan, Assistant Manager, Dealing Chua Minghan graduated from the National University of Singapore with a Bachelor’s degree in Economics. He is passionate about education and went on to get a post-grad Diploma in teaching. His vision is to educate clients to make informed decisions for their trading and investments. Minghan enjoys learning fundamental analysis, technical analysis, and strives to use data analysis to improve his trading skills. It is common knowledge that trend trading is your friend. This means that you should conduct your trades in the direction of the trend. Trading in the direction of the trend allows yo

Lifetime Membership Special Offer! The power tailwind may turn out to be a deadly headwind. Many analysts, including myself, had believed that the ongoing US Federal Reserve interest rate hikes will turbocharge Singapore bank stocks like DBS Group Holdings share price to high heavens. Yet that fantasy has not materialized despite the fact that US Federal Reserves had raised interest rate by 75 basis points (50 basis points on 7 May and 25 basis points on 17 March). Year-to-date, DBS Group Holdings share price had tumbled 8% instead. What the hell has happened to the leading light of SGX? A concerned SG Wealth Builder Lifetime member has written in to enquire about the bizarre performance of Singapore bank stocks against the backdrop of rising interest rates. To be fair, US bank stocks lik

None of us will be getting on a Tiger Airways flight anytime soon (psst, they closed down). Well, that gives us more time to sit at home and try to get rich by trading stocks on the similarly-named Tiger Brokers. Although one of the less established investment brokerage platforms available in Singapore, Tiger Brokers is very popular thanks to its Comfort taxi advertisements all over Singapore and low commission fees. Interestingly, it’s backed by Chinese giant Xiaomi, which has revolutionised the electronics world with high quality at unbeatable prices. Does Tiger Brokers offer the same low cost proposition? Let’s find out. Tiger BrokersMin. Commission Fee US Stocks Includes commission and platform fee US$1.99Min. Commission Fee SG Stocks0.08% of Trade ValueMin. Funding$0Read

For those new to investing, putting your money in a benchmark country index is one of the easiest and safest ways to begin your journey. In Singapore, the benchmark index is the Straits Times Index (STI), and there are two STI ETFs – SPDR STI ETF and Nikko AM STI ETF – that we can invest in. What Is A Benchmark Index? A benchmark index of a country usually refers to the largest and most liquid stocks listed on its stock market. In Singapore, the Straits Times Index (STI) is made up of the 30 largest (by market capitalisation) stocks listed in Singapore. Combined, these companies comprise approximately 80% of the entire market value of stocks listed in Singapore. Hence, how the 30 stocks on the STI performs is representative of how the Singapore market performs. The STI is co

At the request of an SG Wealth Builder Lifetime Member, I am covering EngGro share price in this article. With a market capitalization of just $157.9 million, this is a very small cap stock in SGX. Admittedly, prior to the request from my member, I have not heard of this company before. I believe I am not alone as this counter falls under the radar of many analysts. However, a closer look on this company reveals some interesting findings. EnGro’s history dates back to 1973 when it was formed as a tri-partite joint venture among SsangYong Cement Industrial Co. Ltd (South Korea), DBS Bank, and Afro-Asia Shipping Co. Listed on the SGX main board since 1983, the company was previously known as SsangYong Cement (Singapore) Pte Ltd. However, SsangYong Cement exited the business in 2005 and the

Not too long ago, profitable investing and doing good for the planet used to be objectives that sit on the extreme ends of a spectrum. On one hand, investors aim to maximise their returns by investing in the right companies while on the other hand, saving the earth usually means that you need to fork out money instead to help causes that you believe in. However, this is about to change as global warming becomes the defining crisis of our time. We can no longer ignore the disastrous effects of climate change which bring about more frequent and intense drought, heat waves, rising sea levels and warming oceans. In fact, there is a burgeoning group of retail investors looking to make their money work for a greater good by investing in companies that focus on environmental, social and governanc

Lazy wannabe “investors”, rejoice! DBS has now made its robo advisor (called DBS digiPortfolio) available to the public. Previously, it was available only to DBS ~Wealth~ customers. Now, if you do most of your banking through DBS because you’re lazy (cough, me) and cannot remember more than one login ID to save your life (also guilty), this is a great development. The DBS digiPortfolio is a very welcome addition to their investment offerings, namely, the expensive DBS Vickers brokerage and the cheaper-but-very-limited regular savings plan. Now that DBS has launched its own robo advisor, n00b investors can dip their toes in passive investing for relatively low fees and a high level of convenience. Disclaimer: This article is purely my opinion. As with all my other opinions on thin

Recently, a friend asked me for wealth management advice. She has done well in her career and has accumulated a comfortable sum of money. In addition, she had received a sizeable inheritance last year. With this newfound wealth, she’s wondering if she could strategise her finances better to grow this pot of gold for her retirement and eventually leave it for her children. Not too long ago, DBS contacted me to see if I am interested to take a look at what they offer for their DBS Treasures clients. I thought it will be good to take a deeper look at their wealth management solution so that I can refer my friend to them where suitable. So, this post is sponsored but the views are my own. The New Affluent and High Net Worth The new affluent are increasingly younger. They might h

DBS Group is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia, and South Asia. As of 31 December 2021, DBS has total assets of S$686 billion. In mid-2020, the Monetary Authority of Singapore (MAS) guided the local banks to cap their dividends per share, which led to a depressed stock price. Since the lifting of the dividend cap a year later, the stock prices of Singapore banks have continued to rise as the economy recovers and Singapore inches toward becoming COVID endemic. I wanted to learn more about the recent annual performance of DBS Group and its near-term outlook, so here are eight things that I learned from the 2022 DBS Group AGM. 1

The STI gained 6 points or 0.17% at 3,419.11 The gain came despite a negative external backdrop Keppel O&M and Sembmarine need more time to merge Yangzijiang was in play after capital injection into proposed spin-off SPH to cease trading on 7 April, to be delisted on 13 May Aviation activity to return to pre-pandemic levels by late 2024: UOB-Kay Hian US Treasury yield curve inverted after strong jobs report The STI held firm, possibly boosted by the reopening of the economy Despite no signs of when the war in Ukraine might end and notwithstanding concerns over high oil prices and the US Federal Reserve’s determination to raise interest rates aggressively this year, the Straits Times Index this week held its ground, rising a modest 6 points or 0.17% to 3419.11. A big part of this g