Sorry, I cannot manage to find to your guide on setting up a Singapore address, Hansel.

Can anyone point out the speciific post in this thread? Thank you.

Ramjade

For normal people like us who cannot open Standard Chartered Singapore trading account, the only way to apply for IPO is by using DBS Vickers trading account, right?

Yes, I have a CDP Account, linked to my Maybank Kim Eng Trade Cash Account.

Are you saying that after the IPO, the share price is likely to drop, so it is not worthwhile to buy share during IPO?

In rare cases, is it remotely possible that after the IPO, the share price may increase, so it is better to buy the share during IPO?

Which brokerage do you use, to buy and sell US stocks? Singapore brokerage, or Malaysia brokerage?

Appreciate your advice on this matter.

Ramjade

You and Hansel are concerned with idle SGD cash which is not generating meaningful interest. Yet, in view of volatility and uncertainty, you two feel that it is too expensive to perform additional investment in SGX, and I agree with you.

There is why I suggest Singapore Savings Bonds, as a place to park idle SGD cash and generate interest higher than of the savings account.

Perhaps, you have another methods to park idle SGD cash and generate rather meaningful interest, while we wait for market crash to perform additional investment in SGX.

I remembered that you did post the following methods to park idle fund. As of now, are you saying that these methods are not suitable for you at the moment?

- Citibank maxigain (if you got the moo and able to open account) 2%+
- United Class A bond fund 2-3%
- PIMCO GIS Income Fund Class E SGD Hedged Bond Fund, 5-7%
- Parkway 4%

You must have your personal reasons, and I respect that.

This post has been edited by kart: Oct 15 2018, 06:27 AM

For those who use Maybank Kim Eng trading account, did you recently receive an e-mail from Maybank Kim Eng that we need to fill up an e-form of Client Proficiency Assessment, in Maybank KE Trade Website?


Otherwise, Maybank Kim Eng will forbid us from trading in Specified Investment Products (SIPs).


My question is that if I really have no intention at all to trade in Specified Investment Products (SIPs), I do not need to fill up this e-form, right?


My concern is that if I choose “No” in this e-form, it may affect or restrict my ability to trade in normal shares and participate in right issues, in Singapore Exchange, using Maybank KE Trade Website. By the way, I am using Maybank KE Trade Prefunded account.


This is the PDF version of the e-form. The e-form has same questionnaire.

 Client_Proficiency_Assessment__July_2018_.pdf ( 125.91k ) Number of downloads: 6


Thank you for your advice.

This post has been edited by kart: Dec 4 2018, 05:44 AM

What is the reason for such drop in share price?

Thank you for your information.

Thanks for the heads-up, Hansel.

Correct me, if I am wrong.

When the interest rates start to rise, the SReit share price should drop.

When you say mitigating actions, do you mean that it is preferable to sell SReit while the share price is still high, and then buy back SReit when the interest rates start to rise, right?

Thank you for sharing your pointers, Bro Hansel.

Well said as always, Bro Hansel.

TOS, how do you apply for T-Bills? Through DBS Internet Banking website?

Thank you for your clarification.

Thank you for the detailed explanation, TOS. So, the process of applying for T-Bills is somewhat similar to the process for Singapore Savings Bonds.


Yes, I do have a CDP account, but I use it only to purchase Singapore Savings Bonds.


So, what are the advantages and disadvantages of T-Bills, as compared to Singapore Savings Bonds? It is easier to understand the concept of Singapore Savings Bonds.