Some background of myself:
I'm going 20 this year, just finished my tertiary education in Ngee Ann Polytechnic, majoring in Tourism and Resort Management! I must admit that my dad largely assisted and influenced me to start investing when I'm young. I must say that I'm glad that I listened to him!
The first investment I made was 6 years back in 2008. During that time, the New Zealand Dollar (NZD) currency exchange rate was considered low (although now it's much lower). But thanks to it's high interest rates makes it seem like quite a worth investment to be in. So I placed 10000 NZD, which was around 11,182 SGD. Returns then were as high as 8% a year, which is countless folds higher than Singapore banks. After placing it for 6 years, I've generated close to 2000SGD.
The first share investment was the Hyflux 6% CPS bond in 2011. Fortunately I managed to get 50 shares of the then issuing $100 IPO price. A billionaire CEO which aims to change how Singapore utilises it's water, being a preference share, there is very little chance of Hyflux going bust.
I've made a couple of other investments till date, some good some bad. As my dad always tells me, you win some you lose some.
Stay tuned to my next post where I'm gonna share my portfolio!
Signing Off
Billy~
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