Thursday, 28 March 2019

Trade Global Markets from $0* Commission!


PHILLIP CFD Q2 PROMOTION

From 18 March 2019 to 30 June 2019, trade Global Markets with CFDs from $0* Commission with our SGD 88 commission rebates!

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*T&Cs Apply.



Phillip CFD | Trade Global Markets

Wednesday, 13 February 2019

Poems Reward Program




This coming Year of the Pig, POEMS would like to extend well wishes to all our valued customers with an EXCLUSIVE Chinese New Year Lucky Draw!
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Thursday, 17 January 2019

Is it Time to take Profit?

The STI seems to be heading towards Resistance of 3270. In my view, those who bought low in Dec 2018, may attempt to take profit at around this level. Click to Enlarge Chart Image.

https://lionelltp.blogspot.com/p/disclaimer.html





Monday, 14 January 2019

Market Outlook 2019

Hi all,

The Trade War between China and US has caused an economic slowdown in China. US companies that are exposed to China have indicated that their revenue are affected.

The US interest rate hikes in 2018 increase the financing cost of doing business and caused emerging market currencies to depreciate relative to the US$ and hence funds to flow out of the emerging markets.

However, Federal Reserve of US recently indicated that they are leaning towards a more dovish stance for 2019 because US companies in China are experiencing weaker sales(this can cause a decline in US Govt Tax Revenue) and higher interest rates would be higher debt repayments for the US Govt(US Govt has high debt).

In my opinion, we are unlikely to see a repeat of the market slump in 2015 and 2016 unless there are major cases of insolvency affecting the banks in Singapore.

Many Analysts and Broking houses are recommending investors to stick to the defensive high dividend yield stocks and Reits. I am in the same line as thought as them for bigger lump sum investments.

The STI is still trading more than 10% below than 2018 high at 3641.65. Cyclical sectors such as Banking, Property Developers and Manufacturing Sectors are still trading more than 20% below 2018 peak.

Since it is difficult to predict and buy at the exact bottom, the US-China Trade War is still unresolved, and the US Govt remains shut at the moment, hence in my opinion, gradual accumulation of cyclical stocks will enable investors to position themselves at a low price for the next Bull Run.


https://lionelltp.blogspot.com/p/disclaimer.html







Wednesday, 2 January 2019

Receive up to S$500 cash for your Investment!

NEW YEAR PROMOTION

Receive up to S$500 Cash for your investment*

Invest in any of the promotion funds to qualify for the various tiers and respective 
rewards
Investment AmountRewards*
Tier 1S$5,000 to < S$20,000S$20
Tier 2S$20,000 to < S$50,000S$40
Tier 3S$50,000 to < S$100,000S$100
Tier 4S$100,000 to < $200,000S$200
Tier 5> $200,000S$500

Opt-in for Phillip’s Excess Funds Facility

The cash rewards will be credited for customers’ accounts under the Excess Funds 
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About Phillip’s Excess Funds Facility
The excess funds facility manages your idle cash into a money market fund. Let us 
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^Based on Total Net Assets (TNA) figures reflected in FundSingapore.com
Returns:
SGD1.06% p.a.
USD1.55% p.a.
Rates updated as of 19 November 2018, based on 1-year rolling return, NAV/NAV prices. Past 
performance is not necessarily indicative of future performance.

Please contact me at 90400848 if you are interested to participate.

NEW YEAR, NEW PROMOTION!

We have a special promotion for your 2019 investment!

To start the new year, we have a brand new promotion. We are reducing the spread for Straits Times Index CFD and Singapore Index CFD up to 40 percent!
Yes, this means tighter spreads! Ain't that what you have asked for! We hope that this promotion will help in your 2019 trading needs and strategy. Scroll down for more information.

STRAITS TIMES INDEX 
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*Did you know that we are the only licensed broker to offer trading on Straits Times Index CFD?
Promotion Period:
7 January 2019 (Monday) - 29 March 2019 (Friday)
T&Cs Apply.
For more information, please contact me at 90400848.

Important Trading Information

1Target Spread
Spreads are subject to variation, especially in volatile market conditions and may widen during out-of-trading hours.

2Currency Conversion
With the exception of MYR where we will force convert to offset any deficits, there will be NO auto-conversion for all other currencies. You are advised to submit a currency conversion request to offset any deficits in your currency ledgers to avoid incurring debit interest.

3Dividend Adjustment
A dividend adjustment is applicable for World Indices CFDs when a constituent of the index pays a dividend. A net cash adjustment will be credited to your account if you hold a long position. A gross cash adjustment will be debited from your account, if you hold a short position.