Webull Super Amazing Promotion- Deposit just $0.01 (1 cent) and receive US$500

Another low-cost online broker is taking the Singapore brokerage trading market by its horns! Webull is a broker dealer registered with the SEC and headquartered in New York. To entice users to try out is zero-fee brokerage services, Webull is offering up to US$500 worth of blue-chip shares as long as a new user funds his/her account. The definition of funding means new user can top up as little as just 1 Singapore cent to get up to US$500 in this super amazing promotion!

Webull’s Amaaaazing Promotion

Here is a step-by-step guide on how to receive free US$500 worth of shares from Webull.

Step 1: Download the Webull mobile app from the Apple/Google Play store or access its desktop version

Step 2: Sign up using this referral link

Step 3: Register and open an account. You can key in your personal details or allow Singpass MyInfo to populate them.

Step 4: Once you have completed your account opening, simply wait for the approval from Webull. It usually takes just 1 business day.

Step 5: Simply fund your account upon account opening via FAST or DDA. Any deposit is fine, even $0.01! Upon successful funding, go to dashboard to redeem your well-deserved rewards.

Simply click “My Rewards” icon to redeem your fractional shares! You will receive 3 blue-chip, fractional shares comprising of either Alphabet, Microsoft, Apple or Tesla. Each of these shares will be worth a minimum of US$10 to a maximum of US$100.

But wait, that’s not all yet.

If your account continues to stay funded for another 30 days, you will receive 2 bonus chances to redeem 2 more free shares. It will stay funded as long as your initial deposit of 1 cent has not been withdrawn. Thereafter, sell the 5 free shares and cash out. That is how you walk away with up to US$500 after just 30 days of doing almost nothing!

Even without the sign-up promotions, Webull is amazing for its ZERO platform fees and commission charges on US Stocks. This is the lowest cost that you can possibly find in the Singapore brokerage scene right now.

It is evident that the “effort-reward” ratio is remarkably high and that is why you should not pass up on this amazing promotion from Webull!

Sign up and fund your Webull account to claim your free shares now!

https://www.webull.com.sg/i/newuser

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Costly Investing Mistakes to Avoid in 2022

All of us will likely end up making an investment decision that we will regret in the future. Despite how calculated your moves are, no investor is perfect. However, there are some errors that people have made in the past that you can learn from and avoid.

On that note, here are five critical investing mistakes to avoid at all costs.

#1: INVESTING WITHOUT ESTABLISHING AN EMERGENCY FUND

Having a sense of financial security in case your investment and other life choices go awry is important. Before you begin investing, ensure that you have established an emergency fund. To get an idea of how much you should set aside, you should first calculate your monthly expenses.

If you are single and primarily responsible for your own well-being, you can have at least three months of expenses saved up. If you have a family, you must aim to have at least six months’ worth saved up to be on the safer side.

#2: PUTTING ALL YOUR SAVINGS INTO CRYPTO

The buzz about cryptocurrency can attract both aggressive and conservative investors. Reports of incredible gains in the crypto sector dominate the financial news, with uniquely named tokens such as Shiba Inu posting returns of forty-three million percent in 2021 alone. Hearing these types of returns can tempt the investors who are looking for a quick buck and are drawn to cryptocurrency.

While there is nothing wrong with investing a portion of your wealth in cryptocurrency, putting your savings into a single investment comes with elevated levels of risk. What will happen to you if cryptocurrency plunges down?

#3: TRYING TO TIME THE MARKET

Timing the market consistently over the long run is close to impossible. Investors may think that they can always time the market, but you must be realistic. As the saying goes: “Time in the market is more important than timing the market.” Instead of timing the market, you can take a dollar-cost averaging approach.

The dollar-cost averaging approach will enable you to invest at set, regular intervals regardless of the prices of your stocks at the time. You can take emotions out of the situation and stick to your schedule with this investment approach.

#4: FOLLOWING THE FAD

Keeping up with the investment trends can be a dangerous investment “strategy”, but it can be even riskier as we head towards the end of 2022. For instance, many investors were drawn to cryptocurrency as they were the most prominent highflyers in 2021. You must assume that others will continue to buy and push the prices up even higher, but it is difficult to decide when to sell.

Be cautious when it comes to investment trends. If you feel the need to follow the fad, just invest a small percentage of your overall portfolio.

#5: INVESTING WITHOUT A WRITTEN PLAN

Step towards 2023 with a plan on hand! As an investor, it is easy to think that investing resembles a casino. In reality, the long-term returns of the stock market are relatively reliable. To attain reliable returns, however, you will need to develop and follow an investment strategy.

Image Credits: pixabay.com

Investors are wired to be in the market when it is making new highs, but no one wants to buy if it is dropping to new lows. Having a written investment plan can help you prevent investing based on your emotions. Sticking to the written investment strategy will help you guide your decisions and follow the path of long-term financial success.

Sources: 1,2, & 3

 

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How to Create Investment Goals

When it comes to investing, goal-setting is a vital step toward achieving financial success. Achievable goals can help you narrow your focus, stay motivated, and create a plan. In this article, you will learn the importance of goals and the steps to take.

#1: DETERMINE YOUR GOALS

Start by determining exactly what you want to achieve. Common investing goals include saving up for child’s education, retirement, and a house. Good investment goals need to be SMART. SMART stands for the following:

Specific: Setting a specific financial goal requires laying out the purpose for why you want to save.

Measurable: Financial goals need to be easily measured to help you assess your progress.

Achievable: Setting goals that are not achievable can diminish your motivation and steer you away from your path.

Relevant: A good investment goal should align with your values and beliefs.

Time-Bound: Calculate how much you need to save monthly or weekly to achieve your investment goal by providing a sense of urgency.

#2: SELECT YOUR INVESTMENT STRATEGY

According to the Financial Industry Regulatory Authority (FINRA), there are different types of goals such as short-term, mid-term, and long-term. Short-term goals can be achieved in less than three years and may be suited to liquid investments such as cash and money market accounts. Mid-term goals that can take up to ten years can be allocated to balancing your portfolio, fixed-income investments, and stocks.

Lastly, long-term goals that can last more than ten years can take a more aggressive approach such as investing in stocks, mutual funds, and exchange-traded funds.

#3: TAKE SMALL STEPS

New investors and those who are more risk-averse can start small to get a better understanding of the process. Adjustment to the investor’s approach can make goals more realistic and achievable.

#4: SEEK PROFESSIONAL SUPPORT

Countless social media pages and credible blogs provide financial advice about investing and other topics. Many investing platforms have educational resources on their website. It is up to you to do your research and seek professional support when needed.

BOTTOM LINE

Assess your investment goals as early as possible to avoid difficulties and complications. Planning and execution of your investment processes require a level of discipline and commitment. Start small if the process feels overwhelming and watch your nest grow.

Sources: 1 & 2

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How Traders Can Improve Their Investment Returns On The moomoo Platform

Traders are always on the lookout for that little factor that will help improve their competitive edge. That is because they trade in high frequency, and may even take on leverage to help upsize their positions. Full-time traders who trade for a living might want to take note – moomoo trading app is the perfect online platform to take your game to the next level.

moomoo is a one-stop investment platform powered by FUTU. In Singapore, products and services on moomoo are offered by Futu Singapore Pte. Ltd. a brokerage and custodian licensed and regulated by the MAS. Here’s how traders can potentially improve their investment returns on the moomoo platform at every step in their investment journeys.

Step 1: Investment Opportunities

At the beginning of a traders’ typical journey, they could already be overwhelmed by the myriad of investment opportunities in the market. Ignoring the market noise and finding a winning investment is akin to finding a needle in the haystack. Here is how moomoo app can help in several ways:

  • Heat Map

moomoo’s Heat Map directly show the ups and downs of each sector in the market through the block size and colour depth. From one image, it gives a quick overview of the lay of the market for that trading day.

  • Star Institutions

There is a saying that “if you can’t beat them, join them”. With the Star Institutions page on the moomoo app, you will very quickly obtain high-value information such as:

  • List of stocks by star institutions such as Warren Buffet, Soros Holdings, Temasek Holdings etc
  • The historical trend of holdings, and the daily transaction information of individual stocks

With the Star Institutions, you will identify the investment targets of star institutions and be able to ride the trend powerfully.

Step 2: Analysis

A key product feature of moomoo app is the availability of Short-Sell Data. Users can view the daily short selling data and ratio of US and HK stocks, as well as the current open positions. To access Short-Sell Data, simply go to Analysis under the individual stock page.

Short-Sell Data is critical in assisting traders to identify long and short sentiments to form an outlook of a specific stock. This will ensure that traders stay with the trend, or at least understand the size of the opponent if they choose to take a contrarian position.

Step 3: Executing The Trade

The time has finally come for the trader to execute their trades. On the moomoo trading platform, users can be assured of efficient trading execution of their strategies to maximise profits.

Desktop users can fully customise their trading windows for a multi-monitor experience and leverage on more than 89 types of drawing tools and indicators. Furthermore, trades are executed as fast as 0.037 seconds and at very competitive pricing.

In addition, users can leverage on moomoo’s AI Monitor function to automatically monitor changes in each market and all stocks of their choice. This will allow them to stay updated on stock fluctuations, increase in trading volumes and seize fleeting investment opportunities.

Sign Up via moomoo App Now for your FUTU SG securities account!

Finally, who can say NO to Welcome Rewards valued at around S$2,000? Here are the steps (not cumulative) to ensure new users receive the Welcome Rewards from moomoo powered by FUTU:

  1. Register for a moomoo ID
  2. Successfully open a FUTU SG Securities
  3. Make a First Deposit of at least S$2,700 and above & immediately you will receive an Apple (AAPL) share and S$40 stock cash coupon, promotion ending on 30 November 2021, 0959 SGT.
  4. Transfer in some shares into the platform and depending on your shares values, you will be rewarded with more Apple (AAPL) shares or even the latest iPhone 13 (limited redemption)!

More terms and conditions of the Welcome Rewards can be found here. Download and sign up for moomoo app using this link today to give yourself a further cutting edge as a trader.

 

 

 

 

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What On Earth Is A Buyback?

Highlights

  • A buyback occurs when a company purchases its own shares in the stock market.
  • A repurchase reduces the number of shares outstanding. Thus, it inflates earnings per share.
  • A buyback can demonstrate to investors that the business has sufficient money set aside for emergencies.

WHAT IS A BUYBACK?

A stock buyback occurs when a company purchases shares of its own stock. It either retains the stock for resale to the market in the future or permanently removes the stock from the circulation.

This process reduces the total shares of stock outstanding and increases ownership stake that each remaining share of stock represents. It increases the value for the shareholders.

HOW DO BUYBACKS WORK?

Stock buyback plans are usually authorized by the company’s board and proposed by its executives. However, a planned buyback does not always occur. In some cases, the target share price a company chooses may not be met or a tender offer may not be accepted.

WHAT ARE THE DIFFERENT TYPES OF BUYBACKS?

The diverse types of buybacks include the on-market and off-market buybacks. The former refers to when a company buys its own shares on an exchange in the ordinary course of trading.

In contrast, the off-market buybacks occur when the company makes its offer directly to the shareholders.

Image Credits: unsplash.com

WHAT IS AN EXAMPLE OF A BUYBACK?

Company XYZ had one million dollars in earnings and one million outstanding shares before the buyback. Thus, it equates to earnings per share of S$1. Trading at a S$20 per share stock price, its P/E ratio is 20.

With all else being equal, one hundred thousand shares would be repurchased and the new earnings per share would be S$1.11. To have the same P/E ratio of 20, shares would need to trade up 11% to S$22.22.

WHAT ARE THE ALTERNATIVES TO BUYBACKS?

Buyback programs have come under scrutiny over the past few years. So, alternatives are important to know when understanding buybacks.

Other options include:

a. Using capital to acquire other companies or securities,
b. Returning cash on hand to investors in the form of dividends, and
c. Re-investing the capital in research and development.

Sources: 1 & 2

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