Posted by Micheal Teo > 2013-10-27 13:06 | Report Abuse
A well argued article. However, at Bursa it is an unlevel playing field.Retail punters are always at the losing ends due to payment of higher brokerages. Thank you.
Posted by inwest88 > 2013-10-27 13:18 | Report Abuse
MichaelTeo, allow me to comment. Both of us have been in the market for many years and if you may recall, the trading commission rate was as high as 1.0% for retailers like us. However with the introduction of computers and online trading, it has now come down to as low as 0.1%. On the other hand, the clearing fees and stamp duty do not follow suit.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by inwest88 > 2013-10-27 12:39 | Report Abuse
Logical view !