Read? Trinity of Investing???
One day, one young colleague came to me and said he wanted to learn investing from me (Uncle8888 doesn't even know him. Not sure who in the office asked him to look for me)
Uncle8888: "Do you have $30K?"
Young man: "No."
Uncle8888: "Save up to $30K first."
Young man walked away. He should be disappointed. Right?
The Game Plan will change in 2015
To improve retail investors’ access to a broader range of listed securities, particularly blue-chip stocks, SGX will also reduce the board lot size for securities listed on SGX from the existing 1,000 shares to 100 shares in January 2015. SGX will announce details of this initiative by end August 2014.
Money not enough?
From Jan 2015, expensive Blue Chips will become affordable. You too can become Blue Chips Di Di.
Uncle8888 just realized something!
Now Uncle8888 cannot brush them off by saying you have $30K or not?
1,000 shares lot = $30K
100 shares lot = $3K
$3K many young investors will have. Right?