My Bornean Financial Journey

So, this is the second post in the series of my attempt to construct my own ARK Innovation ETF. I actually have other counters in mind, but I can't reveal my cards before I am in my positions yet. I promise you it's not all Chinese companies, but these are the ones I have decided to invest on as usually Chinese companies are relatively undervalued compared to their American counterparts. That doesn't mean that  As China and the United States are the two biggest economy and the most innovative countries in the world, the counters will skew heavily towards them.  What is GDS?  GDS is a data centre operator from China. Note that unlike other competitors, it's not a REIT. Hence, unlike Digital Realty (DLR) and Equinix (EQIX), GDS does not have the obligation to pay 90% of their taxable income as distributions (dividends) Disclaimer : My cost price on this counter is 63.58 having average up once at $80.  Who are the shareholders? As you can see, STT has 34% shares. STT is ST

NYSE: NIO A bit of an intro : I'm not a trader and I have to say I'm a beginner at this. I'm sharing my investment story as I go. These are not my main investments (As mentioned on my other post, I'm more into index investing). However, I do like to take risks once in a while. Some of them paid off, some don't. What is Nio? Nio is a electric car startup from China  I decided to buy NIO shares for $6.89 after weighing the pros and cons. PROS: Have just secured funding from Hefei municipal investment arm. I believe the funding is to the tune of $1 billion. I must admit I didn't check their financials as my investment amount is quite minuscule. (I'll get to this by this weekend). Tencent increased their stake to 15% in Nio (It's always good news when Tencent is involved. Afterpay ( ASX: APT) quadrupled after Tencent investment was unveiled. Do note that Tencent, like Softbank is probably investing in tens if not hundreds of startups in an effort to pick fut

So, recently I got wind of a new brokerage opening in Singapore. They offers competitive commission and under current promotion a free stock if you deposit at least S$1000 during account opening. Don't get your hopes up too much though as I only received a single F  (Ford). In case you're interested to open a new Tiger Brokerage account, you can use my referral code for a free stock  Referral Code Link They're backed by Interactive Brokers and it also seems that they're using Interactive Brokers back end. It can get quite confusing for new users so I will try to give a tutorial on how to deposit money into Tiger Brokers. 1. Go to " Me " and Click on " Account Summary " 2. In Account Summary screen, click on " Fund Deposit " 3. Here in the Deposit screen, we have to select the currency that we want to use for funding. I'm choosing SGD as I only have SGD bank account 4. In "Remittance", it will only display the bank and account