Share Builders Plan (SBP) is a regular fixed-dollar amount investment plan, which enables you to buy shares on a consistent and incremental basis so as to build up a portfolio of good securities for yourselves eventually. Therefore you do not need a huge amount of funds to invest in blue chip counters since SBP presents a new opportunity for you to buy odd lots at a reduced cost.
By investing a fixed amount of funds consistently every month over a period of time, your average cost of shares purchased will be lower than the average price of the shares over the same period of time. This is possible since with the same amount of funds, you will buy more shares when prices are low and less shares when prices are high. This investment method is known as dollar-cost-averaging, and it is especially useful in hedging against market volatility. With such a disciplined and consistent method, you will eventually build up a portfolio of stocks at a lower averaged cost.
Come and listen how the SBP will benefit you and your clients.
- What is share builder plan?
- Who can participate for SBP?
- What are the benefits of SBP?
- What is dollar cost averaging and what are the benefits?
Level: Basic to Intermediate
Who should attend: Investment, Financial professionals, traders, Financial students , non – finance professionals
Mr. Collin Seow is a qualified Chartered Portfolio Manager (CPM) and holds a Certified Financial Technician (CFTe) qualification. He is a member of MENSA Singapore and Technical Analyst Society Institute (TASS).
Collin is also a regular speaker at conferences and seminars. He was recently invited to speak at the Shares Investment Conference and the MetaStock Conference 2011.
He is a bi-weekly Columnist of Shares Investment Publications and has been featured in the book titled “Secrets of Highly Profitable Traders” which is in the Straits Times national bestseller list for 21 weeks.
Collin combines his unique brand of “street-smarts with heart” in trading.