Kind advice please
This is my first time buying SGX stocks.
Can anyone advise how much qty to buy?
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TigerZ : depends on your platform
Jo Tay OP : Anyone knows how much dividends roughly and is it paid monthly?
TigerZ Jo Tay OP : quarterly ... currently $0.08 / share
Jo Tay OP TigerZ : Thanks
KL O_O : Minimum is 100 units
TigerZ : For a stock like SGX ... if on this app.. i would say 500 shares. 1k will be a good trading size ...
我是負二代 Bond-Poor : I would recommend at least 1K (1,000 shares) given the fees involved.
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However, this is not a die die must follow kind of opinion because at the end of the day you have to consider the following:
- fees involved
- capital available
- expected dollar returns
- efficiency of investment
that said, u must also be aware that SG is a rather stable market, thus do expect yourself to be committed for the long run
If you’re look for a short term gain, do venture into a more volatile marketplace