New moomoo account deposit

[ricogan427]

Just open a moomoo account today to buy SGX: DBS D05 stock. A deposit is required and I do not know what amount is required. Please advise.

 

[CaptainWu]

Go and ask the Online Query, they are pretty prompt.

 

[Euqorab]

Just open a moomoo account today to buy SGX: DBS D05 stock. A deposit is required and I do not know what amount is required. Please advise.

Just open a moomoo account today to buy SGX: DBS D05 stock. A deposit is required and I do not know what amount is required. Please advise.

How many shares you want to buy?

(price x shares) + some buffer for fees

 

[Krabs.]

$77 x 100 + about $8.50 fees
the fees are linear .... if you buy 1000 quantity it's about $85 fees ... it discourage frequently jumping in and out because 0.1% loss per trip ............ US market is not linear it's less than $2 even if bigger amount

can set as odd lot to buy 30 60 70 quantity if don't have enough for 100 minimum quantity x$77 for $7700
but the price is slightly higher

 

[ricogan427]

How many shares you want to buy?

(price x shares) + some buffer for fees

Thank you I am a newbie . Where can I check the share price. Is there a minimum shares to buy and how long shall I retain it before deciding to sell it off.

 

[ricogan427]

Go and ask the Online Query, they are pretty prompt.

Thank you

 

[Euqorab]

Thank you I am a newbie . Where can I check the share price. Is there a minimum shares to buy and how long shall I retain it before deciding to sell it off.

You can get quotes from https://www.sgx.com/stock-exchange/securities-prices?code=all or even the MooMoo app…

I always try to be helpful to newbie… but honestly, if you need to ask where to check share price etc, then I am afraid you haven’t read up enough to start investing… please try to do so, maybe read the latest book Lunch Break Investor by local author Thomas Chua?

official minimum shares is 100 share which is 1 lot… anything less is called odd lots like what Krabs guru shared…

how long to hold depends on your investment objectives and financial goals… some hodl lol

 

[ricogan427]

You can get quotes from https://www.sgx.com/stock-exchange/securities-prices?code=all or even the MooMoo app…

I always try to be helpful to newbie… but honestly, if you need to ask where to check share price etc, then I am afraid you haven’t read up enough to start investing… please try to do so, maybe read the latest book Lunch Break Investor by local author Thomas Chua?

official minimum shares is 100 share which is 1 lot… anything less is called odd lots like what Krabs guru shared…

how long to hold depends on your investment objectives and financial goals… some hodl lol

Thank you

 

[Krabs.]

and how long shall I retain it before deciding to sell it off.

65 year deduct your current age = the expected timeline to hold

 

[wutawa]

wasted sia, I tot this is asking abt new account deposit promo. turn out dunno share price, dunno order amount..
see lar, keep joking about buying dbs. now really got ppl jumping in blindly.

(vested in dbs)

 

[sohguanh]

wasted sia, I tot this is asking abt new account deposit promo. turn out dunno share price, dunno order amount..
see lar, keep joking about buying dbs. now really got ppl jumping in blindly.

(vested in dbs)

Actually ppl newbie maybe buying mutual funds easier. One price per day. E.g MariBank all those are funds easy to use. Of cuz their Amova Spore Dividend Equity is many stocks but it does have D05 inside

 

[alph4tang0]

Only DBS? Got many to choose

 

[jinsatkilife]

Why pay commission when u can use ig market for no commission