How to Invest in Stocks and Bonds in PNG: A Beginner's Guide

Papua New Guinea (PNG) is a rapidly growing economy that offers opportunities for investors who are willing to take on some risk. Investing in stocks and bonds in PNG can be a great way to diversify your portfolio and potentially earn high returns. 

In this beginner's guide, we'll cover everything you need to know about how to invest in stocks and bonds in PNG.

Choose a Broker

The first step in investing in stocks and bonds in PNG is to choose a broker. There are several reputable brokers in PNG, including 

• Kina Securities, 
• BSP Capital, and 
• Capital Markets. 

It is important to choose a broker that is licensed and regulated by the Bank of PNG to ensure that your investments are safe and secure.

Understand the Fees

When you invest in stocks and bonds in PNG, you will incur brokerage fees, which are charged by the broker for executing trades on your behalf. 

Brokerage fees vary depending on the broker and the size of the trade, but they typically range from 0.25% to 1% of the trade value.

Know the Stocks Available on POMSoX

The PNG Stock Exchange (POMSoX) is the only stock exchange in PNG, and it lists several companies in various sectors, including banking, telecommunications, and mining. 

Some of the stocks available on POMSoX include:

• Bank South Pacific Limited (BSP), 
• Credit Corporation (PNG) Limited (CCP),
• NGIP Agmark (NGP)
• Kina Securities Limited (KSL),
• Newcrest Mining Limited (NCM) and
• City Pharmacy Limited (CPL).

Check out the complete list of companies on POMSox website. 

If you want to find out how to invest in stocks, check out this article I wrote in 2017.

Differentiate Between Stocks and Bonds

Stocks and bonds are two different types of investments that offer different benefits and risks. 

Stocks represent ownership in a company and offer the potential for high returns but come with high risk due to market volatility. 

Bonds, on the other hand, represent debt and offer a fixed rate of return but come with low risk due to their stability.

Understand Government Bonds

Investing in government bonds is a low-risk investment option that offers a fixed rate of return over a set period. 

The Papua New Guinea government issues several types of bonds, including Treasury Bills, Inscribed Stock, and Inscribed Stock Indexed. 

These bonds can be purchased through a broker, and the minimum investment amount is usually PGK 5,000.

Visit the Central Bank of PNG website for more info on Treasury Bill and Government Bond.

(Screenshot Central Bank of PNG Bills and Bonds Rates)

SWOT Analysis of Stocks and Bonds Investments in PNG

Strengths:

• High potential returns in a growing economy
• Diversification opportunities to spread risk
• Government policies to promote investment

Weaknesses:

• Market volatility with fluctuating prices
• Limited options and lack of reliable information
• Currency risk due to exchange rate fluctuations

Opportunities:

• Growing economy with abundant natural resources
• Infrastructure development priorities
• Emerging markets for new investment opportunities

Threats:

• Political instability and natural disasters
• Currency risk and exchange rate fluctuations

Conclusion

Investing in stocks and bonds in PNG can be a lucrative opportunity for investors who are willing to take on some risk. 

By following the steps above, investors can choose a reputable broker, understand the fees, research available stocks, differentiate between stocks and bonds, and understand government bonds. 

With careful consideration and a long-term investment strategy, investors can potentially earn high returns in a growing economy. 

However, it is important to be aware of the risks and threats associated with investing in PNG and to seek advice from professional brokers before making any investment decisions.

Golden Sun PNG Investment Company - Scam or Legit?

Golden Sun Investment website is a movie review platform that has been gaining a lot of attention in Papua New Guinea (PNG) in recent times. The platform has attracted mixed reactions, with some people claiming that it is a clever scheme run locally, while others insist that it is a legitimate investment opportunity that has enabled them to make money. 

This article will provide a balanced argument about Golden Sun Investment and address some of the issues raised by both sides.

Update: Here is how much Golden Sun made from the poor Papua New Guinean victims

Want to make real money online, sustainably? Find out here 

 

Golden Sun Investment

First, it is important to realise that while some people have made money through Golden Sun Investment and online fast money schemes, it is not a guaranteed way of making money. 

As with any investment where you put money in to make more money, there are risks involved, and people should be cautious and do their own research before investing their hard-earned money. 

Note that while some people have had positive experiences with Golden Sun, this does not necessarily mean that the platform is legitimate or that it will continue to operate sustainably.

Here is a discussion on Twitter that you might want to check out.

Legitimacy of Golden Sun PNG Company - legit or scam?

On the other hand, some people have raised concerns about the legitimacy of Golden Sun Investment, claiming that it is a scam. 

In particular, in this article on PNG Attitude, Gabriel mentioned that Golden Sun is a clever scheme. It is run within PNG and not out of the UK, as the Golden Sun website claims. 

He says that after analysing the movie reviews and transactions, he found that the transaction packets did not go to an internet payment gateway (IPG), but to a data centre in the United Kingdom that hosts the website. 

He also says that when people click the withdrawal button, a website administrator in PNG receives their request, along with their user ID and bank details, and then physically transfers money to their account via SMS or internet banking.

These claims are serious and should be taken seriously. If true, they suggest that Golden Sun Investment is not a legitimate investment opportunity and that people should be wary of investing their money in it. 

However, these claims have not been independently verified, and it is possible that they are not entirely accurate or that they do not tell the full story. Therefore, it is essential to approach these claims with an open mind and to do your own research before making any investment decisions.

Find out how to invest in PNG companies, Government Bonds and Treasury Bills and make - you can do all these in PNG.

Golden Sun App Investor's Response

Some people have had positive experiences with Golden Sun Investment and have been able to make money through the platform. For example, Augustine Memelua (in the comments on the article linked above) claims to be a member of Golden Sun Investment and says that the claims made by Gabriel are false. 

Augustine says that you cannot withdraw when you register in level F, but that you have to register in levels D up to S and earn more dollars before you can withdraw. 

Augustine also claims to have paid K720 (level D) and has already withdrawn it, and has now earned K951 from his K720.

While Augustine's claims are positive, it is important to remember that they do not necessarily mean that Golden Sun Investment is a legitimate investment opportunity. 

Is Golden Sun Earning Sustainable?

Just because some people have made money through the platform does not mean that it is sustainable or that everyone will be able to make money in the future. 

As mentioned earlier, investing in Golden Sun Investment, like any other investment and fast-money-making scheme, carries risks. People should be cautious and do their own research before investing their money.

Do Your Research on Golden Sun PNG - do not rush into it!

All in all, it is clear that Golden Sun Investment has attracted a lot of attention in PNG, with some people claiming that it is a legitimate investment opportunity that has enabled them to make money, while others insist that it is a scam. 

While the claims made by both sides are serious and should be taken into consideration, it is important to approach them with an open mind and to do your own research before making any investment decisions.

Ultimately, investing in Golden Sun Investment, like any other investment, carries risks, and people should be cautious and manage their hard-earned properly.

NOTE: If you have participated in Golden Sun PNG, let PNG Insight readers know how to register, also explain the different levels of movie reviews, so that it can help know how it works.