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CDP vs Custodian | You Need to Know This Before Investing in Singapore 

Demi Zhuang
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You need to know the difference between a CDP Linked Brokerage Account and a Custodian Broker before you start your investment journey in the Singapore Stock Market.
Between short term plans and also long term holding plans. If you're investing for the long haul, which kinds of broker should you use. If you're planning to take profits, buy and sell often, which broker should you be using. Hope this video helps!
If you enjoyed this video, give it a like, it'll really help with supporting this channel! Constructive feedback is always welcome!! 🙂
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Investment Platforms I Use
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🎋 Moomoo - j.moomoo.com/0...
🎋 Syfe Trade - www.syfe.com/i...
🎋 Webull - a.webull.com.s...
🎋 StashAway - www.stashaway....
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How I Manage My Money
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🛒 2 in 1 Personal Finances Tracker - ko-fi.com/s/12...
🛒 Annual Budgeting Spreadsheet - ko-fi.com/s/e4...
🛒 Net Worth Tracker - ko-fi.com/s/d9...
🛒 My $ Foundation (FREE) - ko-fi.com/s/87...
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Travel Multi Currency Cards | ranked to my preference
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🌟 REVOLUT ➡️bit.ly/3UHBgPZ
🌟 WISE ➡️ Fee free transfer / conversion on first S$900 - tinyurl.com/de...
🌟 YOUTRIP ➡️ Receive $5 on first top up - tinyurl.com/dz...
🌟 TRUST BANK ➡️ Receive $35 NTUC Voucher - Referral Code: 69F3T6UM
🌟 INSTAREM ➡️ tinyurl.com/de... - Referral code: KplHNh
My Credit Card Combination (for day to day expenses)
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MILES
🍣🛒✈️ HSBC Revolution - bit.ly/dzhsbcr...
✈️ UOB Ladys - bit.ly/dzuobladys
🚌 Standard Chartered Smart - bit.ly/dzscsmart
💳 Citi Rewards - bit.ly/dzcitir...
✈️ Kris+ App Code - bit.ly/dzkrisplus | Key in Code - Z210966
💚 HeyMax - bit.ly/dzheymax
CASHBACK
💳 UOB EVOL - bit.ly/dzuobevol
🍣🛒✈️ HSBC Revolution - bit.ly/dzhsbcr...
😉 HSBC Advance - bit.ly/dzhsbca...
Other Credit Cards I’d Recommend
💳 UOB One - bit.ly/dzuobone
💳 UOB Absolute AMEX - bit.ly/dzuobab...
💳 Citi Cashback+ (1.6%) - bit.ly/dzcitic...
💳 Citi Cashback ($800 min spend) - bit.ly/dzcitic...
💳 AMEX True Cashback - bit.ly/dzamext...
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Connect With Me
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📫 Email - demi.zhuangg@gmail.com
💛 Support - ko-fi.com/demi...
👋🏼 Instagram - @demiizhuangg
🌐 My Website - demizhuang.com
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Books that Changed My Perspective (Life & Money)
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📚 The Pathless Path - amzn.to/3vxYqOu
📚 The Psychology of Money - amzn.to/3vB4g1p
📚 Die with Zero - amzn.to/3ShqkHb
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🇰🇷 Related Essentials
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📞 Korea E-SIM - shope.ee/1LE1I...
✈️ My Choice for Travel Insurance (easy claim process) - tinyurl.com/dz...
🎥 Jeju Airbnb Tour - • 1 month on Jeju Island
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Disclaimer
Hey guys, I just wanted to mention that with all the videos I've posted to-date it should not be taken as financial, investment or trading advice. All views expressed in the videos are that of mine. Remember to always do your own research before making any decision. All that I've mentioned in the videos are ways and how it has helped ME in my personal finance journey. I hope you take away snippets of insights and if it can be applied to your financial situation that'll be great. I do not represent and will not be liable in any way for the decisions you make after watching the video. 🫡
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Опубликовано:

 

16 сен 2024

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Комментарии : 10   
@MrCrazykill2
@MrCrazykill2 Год назад
Thanks for the video! I was figuring out which to use. Now I have a clearer view
@DemiZhuang
@DemiZhuang Год назад
Glad it was helpful!
@joantan8543
@joantan8543 29 дней назад
V good vid.
@CrazyPaperSun
@CrazyPaperSun Год назад
Hi Demi, are there also fundamental differences like ability to trade on margin? I have heard instances where you cannot sell ur cdp shares unless u have the equivalent purchasing power of it. e.g u need 5k in the multi currency account to be able to sell away 5k worth of stocks Is that true?
@londonberry2180
@londonberry2180 Год назад
I faced this issue a few years ago. I ended up calling the bank to ask them to help me sell, which they did. I think the reason why you need the extra money in your account is for the bank to make your you have the money to cover if you are short selling the stock or something.
@DemiZhuang
@DemiZhuang Год назад
Hmm I've not trades on margin before, not really sure about this.
@ongkianloon91
@ongkianloon91 7 месяцев назад
Hi Demi For CDP account May I know if Ex date on 5 February. If I buy on 2 February will I entitle to earn dividends?
@DemiZhuang
@DemiZhuang 7 месяцев назад
Googled haha - Investors who purchase stock before the ex-dividend date are entitled to the next dividend payment while those who purchase stock on or after the ex-dividend date are not.
@ongkianloon91
@ongkianloon91 7 месяцев назад
@@DemiZhuang because I’m a little bit confused because if you purchase a stocks needed 3 days for the stocks to transfer into our CDP account . If ex day on Monday 5 February and I purchase on Friday 2 February so that 3 days doesn’t count right ? Is count on that day when I purchases right ?
@pkgupta5421
@pkgupta5421 2 месяца назад
Hi! Any idea if you are able to buy odd lots on moomoo. Talking about sg stocks such as Dbs. I know webull has thay function. Thanks!
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