As for those who haven't (like me), here are some basic drives behind why people invest in ICOs:
The belief that the token price will be (much) more than during its inception
Being a part of the community
Having a possible impact on the cryptocurrency's directions and roadmap
Early bird prices
Belief in its mainstream acceptance
(Read more on Investopedia on what an ICO is)
@kaeley-wn No plans to invest yet. There are a few pieces there which offers 6% p.a. rental income for at least 2 years, plus the option to sell it back to them at up to 110% of the initial purchase price, after the end of rental contract. Contact Chris for more details.
@motan That was a reflection of my discussions with enterprises and retail investors active in the space.
In fact I would suggest that market reactions to China "bans" of crypto have been exaggerated.
I am more so referring to the increasingly large group of individuals, some of whom with deep financial / banking background, who simultaneously point to China as a threat for their USD debt position while ignoring or discounting the threat of geographic mining concentration.
I remain unclear as to how China can simultaneously be both a threat and a non-threat when the items being discussed (IE: mining & USD debt) are both viewed as part of the global economic system.
@chekmeng hmm it isn't alot of money, but whenever I play a game format called prerelease, where I get a number sealed packs from a newly released set and play with the cards in the packs in a competition to win more packs, I tend to sell the cards I got to either earn a little money or break even.
The prerelease costs $30 to $45 to participate.
How to invest efficiently through market cycles
10 Sep 2019
6.30pm to 9.30pm
146 Neil Road, 2nd floor
With geopolitical tensions and a protracted trade war dominating headlines, markets have been volatile and difficult to navigate. Spend an evening with Endowus Chief Investment Officer Sam Rhee, former CEO & CIO of Morgan Stanley Investment Management Asia, to understand how Endowus can help you invest efficiently through market cycles.
Drinks & canapés will be served.
About the speaker
As the Chief Investment Officer of Endowus, Sam is responsible for the company’s asset allocation and investment selection. He heads the Investment Committee and ensures holistic portfolios for every investor. He is a firm believer that individuals should have access to the same knowledge and resources that are made available to institutional investors. With this vision, Sam utilises technology to create a digital solution to financial advisory and wealth management.
Sam has over 25 years of investment experience, spending the bulk of that time at Morgan Stanley. He is the former Chief Executive Officer and Chief Investment Officer at Morgan Stanley Investment Management in Asia. Sam managed investment portfolios in excess of U$20 billion dollars while working with the largest financial institutions in the world. He is a widely recognized leading fintech industry expert and investor in Asia.
Endowus is a Singapore-based financial technology company that empowers people to take control of their financial future. The firm’s proprietary systems provide data-driven wealth advice in constructing personalised solutions. Its portfolios are built on access to institutional-quality financial products at the lowest cost possible.
Endowus is a fee-only independent advisor paid solely by its clients, allowing its advice to be unaffected by conflicts of interest. The firm provides its end-to-end digital solution to individual and institutional investors. It is licensed by the Monetary Authority of Singapore.
@kaeley-wn REITs not generating stable income,
not enough to sustain increasing DPU. Not taking care of properties (no upgrade or asset enhancement). Sponsors / managers interests not in line with investors. Mindless expansion
@transformers I think it's less about showing off/bragging rights but the fact that these VCs tend to have very thorough due diligence processes and that their investment means that the company has met a specific standard. It adds a layer of trust, especially for a start up.