Welcome to Martin Lee @ Sg, a place where I pen my thoughts on investing, trading, insurance and all other types of financial matters. The focus is more on Singapore, as this is where I am currently based. I have extensive experience in investing : ... [Read More...]


Low-prices-not-cause-speculative-activity

Low Prices Not Cause of Speculative Activity

In response to my letter Share Consolidation Not Helpful which was published in the ST Forum on 09 Oct 2014, Vincent Khoo wrote in and suggested that Share consolidation is good for retail investors. My response to his letter was published on ST Forum yesterday. My unedited letter Low prices not cause of speculative activity is appended below: MR Vincent Khoo ("Share consolidation is good for retail investors"; Oct 20) asked why I am against share consolidation if it is a neutral exercise. He is of the view that "if penny stock companies consolidate their shares, there will be less … [Read More...]

land banking scam Canada

Landbanking Scam in Canada

Received this message from someone in Canada warning about a landbanking scam sold to investors here. Names have been removed to prevent lawsuits. While I can't confirm the validity of this warning, the moral of the story is to always check with the locals before going ahead with any overseas investment opportunities. I am writing to you from Ontario Canada. The purpose is to alert you to a very underhanded and sneaky landbanking operation that seems to target folks in … [Read More...]

Share Consolidation Not Helpful

Share Consolidation Not Helpful

My letter Share Consolidation Not Helpful was published in the ST Forum on 09 Oct 2014. This is in response to a letter written by Jimmy Ho, President of The Society of Remisiers. Price to pay for 'good-looking' mainboard My original unedited letter is as follows: The letter by Jimmy Ho ("Price to pay for 'good-looking' mainboard" : Oct 7) brings up a good point. Penny stocks are more prone to speculative activities due to their low market capitalization and lack of institutional … [Read More...]

SCB Step-Up Time Deposit

SCB Step-Up Time Deposit

Standard Chartered Bank currently has a very popular fixed deposit promotion, the SCB Step-Up Time Deposit. The other day, I was at one of SCB branches and the place was full of people! There were many people waiting to open a Step-Up account with a waiting time of almost 3 hours. The offer was previously open […]

race-lower-commissions

The Race to Lower Commissions for Singapore Shares

Before the invention of the internet, stock traders/investors used to rely heavily on their stock brokers to check the prices. For those of you who are old enough, you might remember the good old teletext. Commissions those days used to be quite high and being a remisier can be a lucrative career. After the start of […]

Bottled Wealth Holdings

The Bottled Wealth Holdings Gone Sour

Looks like another wine investment that are being sold to retail investors has gone sour. Accordingly to an article in the Straits Times yesterday, six angry investors had gone to the office of The Bottled Wealth Holdings to demand their money back. The investors had been promised returns of at least 15% within three years but […]