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Robo-Advisors

Investments

Stocks Discussion

Won't humans be disadvantaged with the rise of machines possessing the capablities of quant/algorithmic trading ?
Leonard Tan
Leonard Tan
Level 6. Master
Answered on 04 Mar 2019
I think this recent article shocked many . One would think that machines following emotionless algorithms would be able to outperform human judgement with emotions mixed within. https://www.bloomberg.com/news/articles/2019-03-01/one-of-wall-street-s-most-popular-trading-strategies-is-now-failing I think this really goes against the tide of what algo trading have been pitching and really shows that Machines at least at this moment- might not posess the capabilities or dataset to consistently outperform humans in making decisions.

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Investments

Is anyone using algorithmic trading (would love to know if it's significantly better than doing it the human way)?
Soon Xiaohui
Soon Xiaohui
Level 6. Master
Updated on 07 Jun 2019
Hello Here's my thought: For algorithm trading - it helps to remove your emotional fears, and it helps you to stick to your trading strategies firmly. but the downside is you must know how to code, it is not the usual programming language. It has little documentation on it. And before you start, you must have firm strategy & trading experience. For manual trading - we may self sabotage our trades by gambling, not sticking to our own rules, forgotten to implement risk management into our trades, etc. And not to mentioned, we may not have time to look at the charts. But the adv is you may trade more profitable trades than algorithm trading as algorithm requires absolute conditions to enter or exit the market. Well even though algorithm trading is tough to code but what I can suggest is why don't you start from modifying some of the trading indicators to improve the accuracy of your trading strategy.

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Endowment Policies

Insurance

Savings

Endownment plan?
! Hi Anon, this may answer your qn. I actually like NTUC's one slightly better due to fastest break even period and plan till age 120 (useful when appointint a secondary life assured).
Answer image preview

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AMA The Woke Salaryman

Retirement

Savings

Any single premium retirement annuities with good guarantee returns?
! Hi Anon, here's a quick snapshot comparison for single premium lifetime annuities that I carry. I personally prefer Taiping's policy due to highest potential payout and good surrender value growth as well.

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Promo Codes

Hi, does anyone have a referral code for TD Ameritrade please?
Liam Lim Yu Zheng
Liam Lim Yu Zheng
Level 4. Prodigy
Updated 2h ago
Hi anon! Happy to refer as well (referral works, even for those who have ALREADY opened their account). Have done a couple of referrals (we split 88usd in half, 44 each), so i know the process well (somehow they don't make it so simple like "key in referral code here"). For the referral promo (it takes a few more steps than the following, can fb msg me): -register for a new account at www.tdameritrade.com.sg -select 'Friend' in the dropdown box for 'How did you hear about us?', -send them an email at [email protected] on the paperwork shown at the end of the online registration for a new account. Just take note that opening an account might take a while (1-2mths?). That said, their free comms, no custodian fees, excellent charting tools, 24/5 support in sg/US, ease of SGD transfer in (via DBS/POSB) + good forex rates (0.1-0.2pips) , make it a desirable brokerage. DYODD!

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Investments

Online Brokerages

TD Ameritrade

TD Ameritrade referral code?
Liam Lim Yu Zheng
Liam Lim Yu Zheng
Level 4. Prodigy
Updated 2h ago
Hi anon! Happy to refer as well (referral works, even for those who have ALREADY opened their account). Have done a couple of referrals (we split 88usd in half, so 44 each), so i know the process well (somehow they don't make it so simple like "key in referral code here"). For the referral promo (it takes a few more steps than the following, can fb msg me): -register for a new account at www.tdameritrade.com.sg -select 'Friend' in the dropdown box for 'How did you hear about us?', -send them an email at [email protected](mailto:[email protected]) on the paperwork shown at the end of the online registration for a new account. Just take note that opening an account might take a while (1-2mths?). That said, their free comms, no custodian fees, excellent charting tools, 24/5 support in sg/US, ease of SGD transfer in (via DBS/POSB) + good forex rates (0.1-0.2pips) , make it a desirable brokerage. DYODD!

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AMA The Woke Salaryman

Renovations

Resale HDB

Property

Could you share some tips on how to evaluate resale houses?
LL
Lynn Lim Choo
Level 2. Rookie
Updated 4h ago
Why not consider BTO?

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Investments

CPF IS

CPF SA

Supplementary Retirement Scheme (SRS)

Stocks Discussion

Online Brokerages

Robo-Advisors

Do you invest with CPF and SRS? Are they different account? Any difference with this two? What do you invest them in? Long term horizon?
Kenny Pang
Kenny Pang
Level 4. Prodigy
Answered 5h ago
Check out these two articles, should answer all your questions above CPFIS - https://blog.seedly.sg/cpf-investment-scheme-cpfis-oa-sa SRS - https://blog.seedly.sg/supplementary-retirement-scheme-srs-tax-relief-promotions-investment-options-comparison I used to pick individual (yes, there are restrictions on what products you can buy) REITs for CPFIS but have since gone into Robos for both as they give me exposure to US markets. Answer to your last question, it's the talked about 1M65/4M65. Transferring from OA and using SA guarantees you compounding interest of 4%. But this is irreversible and you should consider other factors especially if you need to use your OA for housing down payment in the next couple of years for instance.

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Lifestyle

Investment Courses

FinTech

What are the best SkillsFuture courses to take?
Lee John
Lee John
Level 7. Grand Master
Answered 5h ago
Depends on individual needs. Good to find one that can value add your curent skill sets and not one that seems more popular.

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Cashback

DBS

Is there a live chat for DBS to check for cashback discrepancies?
Lee John
Lee John
Level 7. Grand Master
Answered 5h ago
You can try FB message, usually responsive.

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