Invest Conference 2018: What Went Down And What Not To Miss
Over the weekend of 26-28 January 2018, Share Investor (a subsidiary of Singapore Press Holdings) successfully concluded Invest Conference 2018. Invest Conference took place at the NTUC Auditorium, in the heart of downtown Raffles Place. Invest Conference saw a number of keynote speakers coming from various areas of the finance sector. As a conference, it aims to empower local investors with an understanding of various investing strategies and the general market outlook. If you are wondering whether you will need a considerable amount of knowledge to be at the conference, fret not. There were 3 tracks that participants of the conference could choose from: Novice, Investor and Trader. Whether you’re an experienced trader or a rookie fresh off the boat, you can still get a piece of the action.
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Invest Conference 2018
For the rookie investor seeking to venture into investing, not to worry! Investing is not only limited to the wealthy and experienced. Anyone can invest by using platforms that make the first step easy. One such platform is CMC Markets where one can trade CFDs and stocks in a simple and fuss-free manner. In one of the talks conducted for rookie investors, Margaret Yang from CMC Markets sheds light on the nature of CFDs and shares how risks can be managed through trading CFDs.
As an investor looking to make the most out of your investments, there is much to explore in promising sectors and industries. Topics such as the One Belt One Road initiative, management of investment portfolios and market outlook were discussed as strategies and vehicles to drive investment in sunrise industries were brought to the forefront to help investors steer their investment. All these talks had the goal of empowering the investor to make strategic investing decisions with what they have and make the most out of wherever they choose to invest.
As for traders looking to make turnarounds with the strategic use of trading data, technical analysis and decision support tools are offered to help the trader make confident decisions on trading on a daily basis. Speakers shared about the outlook of the Asian market and ways to trade wisely through the good and bad.
Other than the ongoing talks, there were many financial companies that had a plethora of services to offer. Outside the auditorium, There were different companies that had deals and services that made the whole experience inclusive. Companies like CIMB Securities, Aviva, CMC Markets and City Index had a suite of products and promotions to offer. Regardless of whether you’re a novice at investing, an investor or a trader, there is something for you to take away.
Financial Products on Offer
One of Aviva’s offering is dollarDEX. dollarDEX is an online platform that makes investing an attractive and easy process. There are no sales charges, switching fees or platform fees so you don’t have to worry about this when considering to invest. More than that, there are intuitive tools and recommended portfolios to guide your investing. Making investment affordable for everyone, dollarDEX is a great platform for those who want to invest at absolutely zero fees.
CMC Markets is a platform that allows you to make informed decisions in investing along with detailed reports on the risks involved for different stocks and bonds. Signing up with them was seamless as I got that settled with CMC Markets within a matter of minutes. The process of setting up a trading account with them is hassle-free and efficient. The process usually takes about 3-4 working days to set up.
The speakers had much to share about their experience in different fields such as managing portfolios and investing in properties. I managed to talk to one of the keynote speakers for the event, Teh Hooi Ling. As a portfolio manager from Inclusif Value Fund, she has extensive experience in investment and risk management, She shares her insights on how investors should tide through the boom and the bust. I managed to glean some nuggets of gold that will help the layman investor.
ZUU online Exclusive Interview with Teh Hooi Ling
From an interview with Teh Hooi Ling, I asked her how investors can gain amidst the multitude of crises such as the Asian Financial Crisis in 1997 and Global Financial crisis in 2008 and the various strategies that anybody looking to invest can adopt.
What is one tip that you will give to the layman investor?
For the layman investor, I will recommend that you let the money work for you with your investments. Given that you have $100, your purchasing power of that $100 decreases over the years. $100 in 1997 and $100 today have very different values. In this day and age, it is essential that you keep growing the money that you have so that it is able to tide you through crises.
How do you go about constructing your own investment portfolio?
I would say start with a decent strategy as you go about investing. Index funds and ETFs are popular among investors. However, there is a high demand for index funds and tend to be expensive to procure. ETFs is low cost but decent for the beginner investor to begin with.
Why do you think people get badly hit financially during crises and what do you think people can do to mitigate the financial risk of investing?
It happens when people invest in companies that engage in excessive borrowing. The issue is when the market crashes, these companies run into a lot of debt and some even go bankrupt like the Lehman Brothers in 2008. During this period, emotions run high and people suffer from these crises. Thus, if you would like to mitigate the risk, buy companies with low borrowings so as to ensure your investments are more stable and predictable.
Overall, the whole experience of Invest Conference was informative and useful. The ideas, strategies and knowledge shared, coupled with the platforms to make strategic investments empowers participants to invest with confidence. From the novice to the experienced, there was something to learn for everyone to be strategic investors that make better investment decisions.