Note: If you are already Friend of StocksCafe (when your subscription ends), price changes does not affect you. It will always be fixed at the rate (your personalized rate) when you first contributed and as long as you continuously contribute 🙂
Last year, when I announced the price change and switch to contribution mode in mid December, several users feedbacked that the announcement was too last minute and they missed it because they were away for the December holidays and learnt about it too late. Thus this year, I decided to announce it earlier.
Reasons for Pricing Changes
Honestly, there are two main factors for this:
1) As StocksCafe continues to grow in terms of supported exchanges and features, spending on infrastructure and data licensing is also growing.
2) To encourage users to contribute now by having a time-limited offer 🙂
From 1 Jan 2019, I intend to change the pricing of StocksCafe. Of course, I will not go crazy and increase it by a large amount but do contribute now to lock in the early bird prices!
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 2018 will always stay at SGD39 yearly (or SGD3.9 monthly). Of course, for existing users, your price has already been locked in depending on when your first contribution was.
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.