[Miser][Heart]Hello, Tigers,
The Federal Reserve's interest rate cut cycle is expected to begin.
During the interest rate decline cycle, as long as it's not a particularly recessionary economic environment or facing sudden economic or financial crises.
The stock market $S&P 500(.SPX)$ $Straits Times Index(STI.SI)$ can mostly maintain an upward trend in the medium to long term.
Feel free to share your long-term investment opportunities in the comments.
Recently, an important support feature has been launched in the Tiger APP:
Check your"Profile", see the --> Cash Boost Account (CBA in short):
Open a CBA today and Enjoy SGD 20,000 for unlimited trades on SGX by Oct.31 2024 Find out more here.
Other helpful links:
Click to open a CBA account, and you will instantly have an extra 20,000SGD added to your CBA account, replenishing your investment capital and increasing your chances of seizing the necessary opportunities.
Below are some answers you may interested in the SGD 20,000 credit facility:
Under what circumstances can CBA be activated?
You can activate it if you have registered for a Tiger Brokers Prime Account, are a Singapore resident, and have an annual income of SGD 30,000 or more.
Is there a validity period for the account holder?
Once activated, you will have SGD 20,000 in credit funds available for purchasing US stocks, Hong Kong stocks , Singapore market stocks, as well as ETFs.
How long can it be used?
The credit funds have a free period of T+7/T+8 days. After T+2 settlement, you can use this credit limit again for free.
Will interest be charged?
There is a special benefit currently in place: all trading users in the SGX market enjoy zero-commission trading until October 31, 2024.
Read more Q&As about CBA on www.itiger.com >>
[Applaud][Allin]Special Notes:
We believe that this feature is very friendly to new account users, who can use this part of the funds to learn and familiarize themselves with trading.
In addition, if you are already a trading user, this additional credit amount can help you increase and cover your positions for stocks you like when necessary.
In addition, this account is a tool for some high-frequency trading users to "profit from nothing".
We hope that you can use some of our tools and assistants in the investment process, so as not to miss good opportunities and maximize your investment returns.
Of course, any investment action is risky, requiring traders to scientifically control costs, positions, and risks, and even dare to stop losses when necessary.
We always encourage you to focus your attention and energy on those industries and stocks with high quality and in line with the bullish cycle.
Before making any transactions, remember to fully exercise your research capabilities and risk control plans.
Happy investing.
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