2017 is coming to an end, and I hope this has been a good year for you and your investments.
This year, StocksCafe continued to enjoy great support from users. More than 300 users have contributed, either monetarily, reporting errors, or suggesting improvements.
Unfortunately, as it is costly to license financial data, StocksCafe will very likely end this year in the red again despite the support. Note that I am considering my time to be completely free. I believe we can certainly achieve more as only 10% of the monthly active 3,000 users contributed monetarily. (Current total registered users is >7,000)
Therefore, in order to encourage more people to contribute and also to reward those who have been contributing generously to StocksCafe, in 2018, StocksCafe will introduce the following changes:
Switch to Contribution Mode
Only users who have contributed monetarily to StocksCafe will enjoy full access to all features. More limitations will be imposed on free users, including popular features such as portfolio management tools.
I will try to set these limitations in a way that new users will have a trial period to learn what StocksCafe can offer them before deciding if it is worth contributing to.
To encourage users to contribute now, the cost of becoming a Friend of StocksCafe for a year for those who donate on or before 31 Dec 2017 will always stay at SGD35 yearly (or SGD3.5 monthly) as long as contributions are continuous. From 1 Jan 2018, I intend to increase it.
If StocksCafe has been useful to you in your investment journey, I hope you would consider contributing to StocksCafe so that it can continue to improve and provide more value to you.