2014 11 24 15.34.08

2014-11-24 15.34.08

“Course is very organised and comprehensive. Trainer was able to clearly response to students questions. ” – Lu Say Leong

Thank you Say Leong for your kind testimonial, and we wish you all the best in your trading!

To see more testimonials, please visit https://synapsetrading.com/testimonials/
To find out more about our training program, please visit https://synapsetrading.com/the-synapse-program/

island hopping

Last month, I took a short 2 week break with some friends to Boracay Island in the Phillipines, and for those who are looking out for your next holiday destination, this could give you some good ideas! 😀

To see the full photo albums for this trip, please visit: https://synapsetrading.com/travel-log/

Where is Boracay?

Boracay is a tropical island surrounded by stunning white sand beaches about an hour’s flight from Cebu or Manila just off the larger Philippines island of Panay.

For beach connoisseurs it competes with the best beaches of more popular destinations such as the Caribbean and the South Pacific as well as neighbouring Thailand, Malaysia and Indonesia. For those wanting to just lounge around and top up their tan, beach-front hotels usually have lounge chairs set up just a few steps away from the hotel entrances.

The more active will appreciate water sports and activities such as sailing, wind surfing, snorkelling, diving and jet skiing. The fun in Boracay doesn’t end when the sun sets. Boracay night-life pulsates with many bars and restaurants serving food, drink and fun until dawn.

1. Splurge on cheap cocktails

cheap cocktails

Because these 4 drinks add up to about $10 SGD

 

2. Splurge on seafood

seafood 2

Double-check to make sure they’re alive

seafood

Mutant prawns

 

3. Cliff-diving after drinking

cliff diving

After 3 beers and 2 cocktails

cliff diving level 2

After a few more beers…

 

4. Helmet-diving 20,000 leagues under the sea

helmet diving

Not photo-shopped btw lol

 

5. Kite-boarding

kite-borading

Let the kite drag you out to sea…

 

6. Island-hopping & Snorkelling

island hopping

Singapore, Sweden, Korea, Canada, Australia

kayaking

Ship-wrecked

starfish

Preparing for dinner later

 

7. Paddle-boarding

paddle board

Harder than it looks

 

8. The Legendary Pubcrawl + Post Party

pubcrawl 1

Trying to feel young again 🙂

pubcrawl 2

Looking for some good setups 😉

 

9. Trading at the Beach

trade a bit to cover the holiday

Have to trade a bit to cover the cost of the holiday

 

10. Building Sandcastles with Style 🙂

2015-01-08 16.45.41-1

A few years back, if anyone had told me that travelling the world was just a childhood pipe dream, I would have nodded in agreement. But after learning the truth about passive income, I realised that it was the only way to break free from the rat race and accumulate wealth more quickly that I ever imagined.

Sure, there will be many skeptical people who say that this is too good to be true. I understand that this might be out of their comfort zone, and all I can say is that once you have experienced it, there is no turning back.

Till then, stay tuned for the next holiday destination! 😀

 

P.S. Once again, to see the full photo albums for this trip, please visit: https://synapsetrading.com/travel-log/

Enjoy! 😀

finding value in stocks

To be a successful value investor in the stock market, you need to know how to identify which stocks are the most valuable. But the most valuable stocks aren’t necessarily the ones that are performing the best. In fact, the real goal is to find stocks with strong intrinsic value that are currently under valued by the market. So how do you identify these gems?

First, find the right type of business.

In general, you should always start with what you know. For instance, if you’re familiar with the technology sector, you may want to look there. Just make sure that the industry isn’t experiencing long term challenges. This will help you avoid eroding profits in the future.

Next, look for a company with a strong and sustainable competitive advantage. For instance, if a company has a patent on an emerging technology, this could help them for years to come. Finally, make sure the company has strong growth potential and a clear strategy for the future. Is there a growing demand for their product? Do they have the infrastructure necessary to expand?

Questions like these can help gauge their future success.

The second way to identify intrinsic value is to study a company’s management team.

Do some research.

See if they have the proper credentials and make sure that their skill sets are well suited for the current business climate and of course, look at their track records. Were they successful in their recent positions or did they leave those companies weaker than before? And, are they transparent with their shareholders? Executives who are open to new ideas and willing to adapt are generally more capable of overcoming future challenges.

Next, have they laid out a clear plan for future growth if not you should be concerned and how are they paid? Do they receive a flat salary or is it performance-based? And do they own a significant stake in the company? Executives who are themselves invested in their company’s success are more likely to put their shareholders first.

The third and final way to identify intrinsic value, is to analyze the company’s financial numbers.

But this topic requires a lot of attention, which is why we’ll cover it in our next video reading financial statements.

2014 11 24 15.32.08

2014-11-24 15.32.08

“Course might be slightly fast-paced for absolute beginners. However, Spencer will answer all your questions so you just need to ask. The material covered in the course is very useful to help a beginner get started.” – Jerold

Thank you Jerold for your kind testimonial, and we wish you all the best in your trading!

To see more testimonials, please visit https://synapsetrading.com/testimonials/
To find out more about our training program, please visit https://synapsetrading.com/the-synapse-program/

Yesterday, at the SGX Investment Carnival, I was invited to share with new investors and traders my trading journey of how I achieved financial freedom at 27 starting with just $3,000 at 20, so I focused on the top 3 practical tips which I felt had the most major impact on my success.

3 practical tips for early financial freedom

3 Practical Tips for Early Financial Freedom

 

 1. Time the Big Market Cycles

You might have heard that it is not possible to time the market. But is that really true?

Because all the millionaires and billionaires know the importance of buying and selling their assets at the right time to multiply their wealth.

3 simple steps that all millionaires and billionaires use to accumulate their wealth

3 simple steps that all millionaires and billionaires use to accumulate their wealth

 

“Be fearful when others are greedy, and greedy when others are fearful” – Warren Buffett

So the question is, what is at the cycle low (cheap) now?

Let’s first look at the 10-year stock market cycles… 1997, 2007, … What’s next?

Will there be a huge stock market crash in the next 2-3 years? No one can predict that. But I certainly know that now is NOT the low point in the stock market cycle, and it would be foolish to accumulate stocks now.

My money is on commodities like oil, gold and silver.

 

2. Have your War Chest Prepared

If the market crashes tomorrow, do you have the capital to take advantage of the opportunity?

If your answer is no, then what is the fastest way to build up more capital?

What is the fastest way to build your capital?

What is the fastest way to build your capital?

 

The common wisdom is to work hard and save, and while it is a safe option, it will take you about 5-10 years before you have sufficient funds to do any real investing, and by that time you would have missed any good opportunities during those years.

Another option is to start a business, but the failure rate is extremely high, with >80% of businesses going bust within the first year of operations.

My suggestion (which is also what I did for myself), is to allocate a small percentage of your capital to start a small trading portfolio, which can allow you to generate high returns while keeping risk low. And by simply spending 15 minutes a day to manage your trades, you can accelerate the rate of your investment capital accumulation explosively.

 

3. Learn the Right Skills Early

There are many good resources available for new traders and investors to start learning:

Good luck on your trading journey, and remember the key is to take the first step and get started, because the earlier you start, the more powerful the compounding effect is going to work in your favour! 😀

A casual photo with Magnus Bocker, CEO of SGX, and his staff

A casual photo with Magnus Bocker, CEO of SGX, and his staff