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!


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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.

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Value Investing
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Thursday 23 September 2010

SGX enhances Securities Borrowing and Lending service

 Createwealth8888: More and more shorting possible  and STI will then fall faster!

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SINGAPORE: The Singapore Exchange (SGX) is enhancing its Securities Borrowing and Lending service to bring additional benefits for investors and SGX central depository account holders.


With the enhanced service, over 80 per cent of the total listed stocks on the SGX Mainboard and Catalist are now eligible for lending or borrowing via The Central Depository (CDP).

The number of stocks eligible for lending increased from approximately 150 to over 600.

Investors now have expanded opportunity to lend out their stocks and institutional borrowers can have access to a larger pool of different stocks from the CDP.

"With access to a large pool of stocks, institutional investors can consider new trading strategies. This will also improve overall liquidity of the stocks," said Mr Lai Kok Leong, vice president, depository services of SGX.

The CDP, which currently safe keeps securities for retail investors and institutions, will be the counterparty for all lenders and borrowers.

SGX said this will provide a single point of processing for all activities including corporate actions as well as borrowing and lending of securities.

The exchange said stock lending activity could help CDP account holders to lend out their shares to earn lending fees and improve the total earnings on their assets. - CNA/fa

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