The very basic to learn about SGX stock investment is to know what is your risk and your reward. Visit SGX website at www.sgx.com to learn abou the profit and loss calculator. Under individual investor, investor tools, profit and loss calculator. The charges involved when you buy or sell stock are 1) brokerage commission. 0.5% for broker service or 0.275% for internet service 2) SGX clearing fee 0.04% of gross amount (which is price and quantity) 3) SGX Access fee 0.0075% 4) GST 7% charge on brokerage commission, clearing fee and Access fee. Brokerage commission varies in different securities firms. The fixed items are clearing fee, access fee and GST. Brokerage commission is a concern if your investment is small. The charges could cost more than 1%. Place order vs hit market. If the investment is small, avoid the partial order done and pay hefty charges. Cancel your order between 5pm-5.05pm to avoid partial order done during closing time. You might consider hitting the market stock price rather than queuing for the lower market stock price. However, if the stock price is high, example 9.40 the 1000 shares which is 1 lot is the minimum number of share you can buy, is more than brokerage minimum amount thus brokerage commission is not a concern. It is alright to queue and place your order instead of hitting market price. Download this video at below click www.4shared.com
Posts Tagged ‘ Loss ’
Jul
realestatemarketingthisweek.com – How many lives have to be wrecked by the mortgage companies loss mitigation departments? Part 6 – I always tell people when I was dealing with them, with their bankruptcy situation or foreclosures or whatever especially when someone would call me and they would say, I want to file a chapter 13 to save my house and I would say, You dont even think about doing that without an attorney and I would give them an attorneys name and it would work out for them because I think the numbers were like 95% of all chapter 13s filed by the home owner themselves failed. And I think that is the kind of numbers were going to see in loan modifications, we saw numbers the other day that came out from the government saying that over 50% of the loan modifications are failing. I would suspect that 95% of those were not negotiated by an attorney. Youre absolutely right, the other thing is people think theyre getting a loan modification because their lender told them that but theyre going to increase their payment over the next X number of months to make up for the back payments. That is not a loan modification by my standards, that is called a forbearance agreement and the majority of people who have failed its because they were put into a plan that was designed to fail. For gods sakes if your lender is going to increase your mortgage payment by 50% how on earth are you going to pay it when you couldnt pay it when it was right? To me its just mind boggling …