Before you begin to invest in any commodity, one should determine what a commodity is.
A commodity, in simple terms, is the raw material or component we consume or use in our daily lives.
Some examples of commodities are gold, silver, oil, palm oil, crude oil, gas, corn, wheat, sugar, cotton, wheat, rice, rare minerals and many others.
With this in mind, it should become clear what Singapore commodity investments entail.
We have listed some ways to begin Singapore commodity investments.
Singapore Commodity Investments Method 1:
Buy and sell commodities directly. For example, buy one kilogram of rice from NTUC supermarket and sell it to another person at a higher price. Another example is to buy gold coins as collector's item and sell them years later for profit.
Singapore Commodity Investments Method 2:
Trade commodity stocks on the Singapore Exchange's Straits Times Index (STI).
Some Singapore commodity stock counters of companies that deal in commodities in one way or another include Wilmar, Olam, Noble, Golden Agricultue, Bumitama, Lion Gold, Kris Energy, etc.
Singapore Commodity Investments Method 3:
Buy and sell Commodity Exchange Traded Funds (ETFs) in Singapore.
Exchange traded funds (ETFs) are open-ended investment funds listed and traded on a stock exchange. Money is pooled with money from other investors and invested according to the ETF’s stated investment objective.
Commodity ETFs track the movement of commodity indices. These ETFs may provide investors of the ETFs exposure to commodity indices.
Singapore Commodity Investments Method 4:
Trade commodity futures contracts on Singapore Mercantile Exchange (SMX).
SMX offers a diversified basket of commodities futures products. These products are classified as Specified Investment Products (SIPs). You can trade SMX Commodities Futures in precious metals, base metals, indices or agriculture products.
Editor
Investments Singapore
Investments Singapore
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