I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday 15 January 2015

1,000 to 100 units from 19 January 2015 onwards.



But ......


Uncle8888 didn't hear any thing on reduction in minimum rate of $25 from any of his brokers.

How about you?




5 comments:

  1. Nope. I read that SGX is in discussion with the brokers on the topic, but nothing firmed up.

    ReplyDelete
  2. Ahem.

    I don't think the brokerage fraternity is exactly jumping with joy over what the new guys at SGX have rammed down their throats in recent years...

    Going by what the banking sector has done to filter out ikan-bilis savings accounts by introducing a fee if the balance is below a certain level, I don't think the brokerages will budge anytime soon... They have to create shareholder value too ;)

    I think those working at Investor Relations at listed companies will faint... Now anyone with 100 shares can write "bo liao" questions to them. And for AGM, must prepare for the thundering hordes of retired uncles and aunties out for a free lunch...

    Eh? Maybe I should do that!





    ReplyDelete
    Replies
    1. No more bento set or buffet at AGM?

      Provide packet snacks?

      Delete
  3. Nope, but i think it must be reduced. if not the broker will become rich. and i am waiting for it to be reduced if not i will just go back to my old ways to buying 1 lot = 1000 shares and ignore this.

    ReplyDelete
    Replies
    1. Thinking of taking advantage of this 100 share lot thing. LOL!

      Delete

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