First Car Before Graduation

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#8
1) Open a CDP account. All your Singapore shares will be held in this account.
2) Open a stock trading account with brokerages (Phillips Securities, DBS Vicker Ballas, Kim Eng, GK Goh, OCBC Securities etc..). Typically, if you do not have a CDP account, they will probably help you to apply and so you can skip the first step.
3) Apply for Electronics Share Payment(EPS) to link your bank account to the stockbroker.
4) You will be given an internet trading account for trading. You may be assigned a remisier too.
5) Login to your internet trading account to buy/sell stocks.
6) Login to bank account to pay for your purchases.

I think you just need to visit stockbrokers' offices and they will explain to you everything.
The websites below have more detailed info to open a stock trading account.

http://www.poems.com.sg/
http://www.eq.com.sg/page/site/public/index.html
https://www.itradecimb.com.sg/app/home.z

Besides that...
Buy a book first?
"The Intelligent Investor" by Benjamin Graham.
Reply


Messages In This Thread
First Car Before Graduation - by Musicwhiz - 19-09-2010, 12:09 AM
RE: Cars - by yeokiwi - 19-09-2010, 10:14 AM
RE: Cars - by d.o.g. - 19-09-2010, 01:07 PM
RE: First Car Before Graduation - by momoeagle - 22-09-2010, 09:48 AM
RE: First Car Before Graduation - by Musicwhiz - 24-09-2010, 11:16 PM
RE: First Car Before Graduation - by Piaget - 25-09-2010, 08:10 AM
RE: First Car Before Graduation - by ssian - 28-09-2010, 12:04 PM
RE: First Car Before Graduation - by yeokiwi - 28-09-2010, 01:30 PM
RE: First Car Before Graduation - by ssian - 28-09-2010, 02:43 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)