With the launch of fintech festival last November, Singapore has signalled its intention to be a serious fintech hub in the world. Heartland Boy is hugely supportive of this initiative because he has personally benefitted from some local fintech startups; namely Shopback and Carousell. In this post, he is pleased to share with his readers about the merits of InvestingNote where stock tips from experts are widely available.
What is InvestingNote?
InvestingNote is a social investing platform that allows investors to exchange ideas with other investors around the world. It rides on the phenomenon of social investing– where novice investors are able to follow the investment ideas or trades of expert investors. Basically, it aspires to be the Facebook for the investment community where users can get up to date on financial information and positions entered by other investors from the daily feeds. InvestingNote has also found a strong backer in Shareinvestor, a subsidiary of Singapore Press Holdings, which has taken up a minority stake in it.
What Heartland Boy Likes About InvestingNote
1. A Large Pool Of Existing Users
First and foremost, InvestingNote achieves its main objective of allowing fellow stock investors to connect and engage by growing exponentially within a short period of time. Furthermore, the more users it gets on board, the greater the value it will provide. This is known as the Network Effect. For instance, a telephone becomes more and more useful as more and more people own a telephone.
By having a large pool of existing stock investors, users exchange ideas through posts and discussion threads. There is mutual learning and exposure to new investment ideas. Here is an example of how a fellow investor has benefitted from Heartland Boy’s investment ideas.
2. Learn From The Experts
Users make market estimates on InvestingNote and are unable to remove these posts after 30 minutes. Therefore, you can judge for yourself the accuracy of these stock investors from their track records. Readers of Heartland Boy would have known that he has initiated positions in Micro-Mechanics, Dutech, Sarine, QAF, Innovalues, Sunningdale, Croesus, Lippo and CNMC over the course of this year. This portfolio has likewise been shared on the social investing platform. Therefore, InvestingNote provides the opportunity for users to ride on the coattails of expert investors without being an expert himself. That is essentially the definition of social investing. Heartland Boy himself is learning from experts on the social platform each day to get investment ideas. This is similar to parking your money with an investment fund, less the management fees. Of course, investors should always exercise due diligence with their money as they are ultimately responsible for their own investment decisions.
3. Lots Of Freebies On InvestingNote
There are plenty of freebies on InvestingNote which has enticed Heartland Boy to spend more time on this social investing platform. There is an interesting reward system where reputation points are awarded based on number of followers, comments, likes and shares of your posts. The reputation points can be accumulated to exchange for NTUC, Capitaland or Golden Village vouchers.
There is even a post by a financial blogger on which reward gift provides the most value for money. Anyway, this is indeed a nice gesture but let’s not get distracted because the real value is social investing. Therefore, for those who are completely new to investing, there are simple explanations of basic financial metrics under the Invest Academy Section. There are also important corporate events such as results announcement or dividend dates highlighted under the Events Calendar. For Heartland Boy, he has personally benefitted from the charting tools available at InvestingNote. Let’s not forget that his stock brokerage of choice, Standard Chartered, does not provide charting tools. Therefore, charting tools is an amazing free feature and complements well with Heartland Boy’s investment philosophy that is Value Momentum.
Sign Up For InvestingNote And Benefit Immediately
Here are the 3 benefits that Heartland Boy thinks InvestingNote provides today. If you think that you can similarly benefit from using InvestingNote as well, you can sign up as a user via this link
* Please note that Heartland Boy earns a small token fee from each new user who signs up.
As an added incentive, users who follow Heartland Boy’s account get more real-time updates of his public portfolio.
For instance, Heartland Boy first disclosed that he has closed his position on Sarine on InvestingNote. This allowed him to quickly pocket a small profit before its share price plunged to 1.59 in early November. Similarly, he also announced on his account that he has entered into a small position on Duty Free International. He finds it easier and less cumbersome to announce his positions there first as drafting a blog post requires more effort and time.
Look forward to more interactions there!
Do you actually have a position in Dutech currently?
You mentioned you initiated a position this year, then in an earlier post you divested because you are being “super conservative”,
but here and in IN you sound like you still have a position??
I have divested for a 10% profit before the US Elections. Looking to re-enter at an attractive price. maybe between 44 to 46 cents.
Peter J says
The free charting platform with investing idea plotting on the chart is pretty useful.
thanks for dropping by my website! Indeed, the free charting platform is pretty useful!