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Investments

Online Brokerages

Tiger Brokers

Is tiger brokers a good one since they have lower fees. Anyone recommends them?
Augustine
Augustine
Top Contributor

Top Contributor (Aug)

Level 6. Master
Updated 39m ago
Hey Anonymous, I've been using Tiger Brokers for about 2 months now and I would say they're a fairly good platform to use thus far. Commission Rates Very competitive rates, most notably for US stocks as the commission per trade is $2 USD. It also has no minimum fee other than 0.08% per trade for SG stocks. Access to markets They currently only provide access to US, HK, SG , AUS, LON and CN stocks. Access to certain other stocks may be limited. Credibility Currently, Tiger Brokers is regulated by MAS and the stocks you buy through them will be held in a custodian account with DBS or Interactive Brokers . This means that should anything happen to Tiger Brokers, your stocks will be safe. Funding Funding your account might be slightly less straightforward as you would need to do a bank transfer to their account, take a screenshot of your transaction and then notify them via the app that you've transferred. I would say the approval time is fairly quick (as fast as 15 mins during business hours if you use DBS/POSB) User interface Overall, I would say that the app is fairly straightforward and easy to use . The best part has to be their comprehensive suite of features: real-time market data, allowing you to see multiple trend lines, technical indicators, market news, economic calendar and many others. Alternatively, you can check out Seedly's review of Tiger Brokers here: https://blog.seedly.sg/tiger-brokers-review/ Also, feel free to use my referral link should you be interested to sign up with Tiger Brokers to get up to 100SGD worth of stock vouchers and free stocks: https://www.tigerbrokers.com.sg/activity/forapp/invitation/signup.html?regsource=invite&invite=CNN3RP&lang=enUS&share=WhatsAPP Hope this helps!
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Investments

STI ETF

ETF

I started investing w STI-ETF since 2015, $100/mth but recently stopped investing. I've invested in total $7.8k but its current val is at $6092.07.?
Kevin Seah
Kevin Seah
Level 5. Genius
Answered 1d ago
It's actually the best time to invest in STI ETF. Remember, when you suffer a big loss on a reliable stock or ETF you have confidence in, it's the golden hour to put more money in. Think long term and you won't feel so sour about the loss! Cheers!
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REITs

Investments

Dividends

What is the role of REITs in asset allocation? Are REITs a good diversification of risks? What is the best REIT to buy and hold now if I have a long term horizon of 10 years?
Yang Teng
Yang Teng
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Answered 5h ago
REITs are commonly invested for additional cash flow due to their payout ratio. As for diversification, I find it to be marginal. No one can advise you which REIT(s) to buy, you'll have to research on your own to see which may be most suitable for you.
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Savings

Fresh Graduates

Investments

Lifestyle

I'm a 26 y/o with 0 debt and 100k in my bank. I've been working 2 years and am drawing 3.7k. Currently my money's in DBS accounts, with >50k in Multiplier. Should I move it to SC Jumpstart?
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Samuel
Level 4. Prodigy
Answered 6h ago
First off, congrats on hitting 100k! Check how much interest you are getting on DBS multiplier. If you are at the cap, move 20k into Jumpstart and 10k into Singlife. For investments, you can explore stashaway (fuss free, low effort, low minimum), Endowus (Higher miniumum amount but you get to invest into institutionalshare classes of active funds) or look to invest in an Index fund. Since you might we going back to school, suggest you keep aside a pool of money since you wont have income for when you are studying.
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Investments

Robo-Advisors

Online Brokerages

StashAway

Is StashAway worth venturing? Will we be losing the conversion rate to USD even before we trade?
Yang Teng
Yang Teng
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Answered 6h ago
As an investment platform, I would consider other roboadvisors due to lower cost and individual custodian account. See more here: https://seedly.sg/questions/why-stashaway-when-it-is-sooo-expensive As for conversion, it is inevitable if the investment is priced in a foreign currency (USD). While investing abroad may give potentially higher returns, you will also be exposed to foreign exchange risk. As a retail investor choosing an economy to invest in, we should also take into account the country's economical and political standing to judge the associated risk in the future.
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Investments

ETF

Robo-Advisors

Syfe

StashAway

Endowus

AutoWealth

MoneyOwl

Retirement

Hi! Newbie here! I'm about to make my first investment into ETF. I'd like to start with an ETF that tracks the S&P 500. My goal is long term, and for capital appreciation, not for dividends payouts. What are your suggestions?
Shengshi Chiam, CFA
Shengshi Chiam, CFA, Personal Finance Lead at Endowus
Level 7. Grand Master
Answered on 21 Apr 2020
I would start with a broader index, that tracks not just the US markets, but the global index. including other developed markets and emerging markets. VWRA/VWRD serves the purpose, and it is tax efficient. US listed is extremely bad because you are potentially paying 2 layers of dividend withholding taxes. You can read up more about it here: https://endowus.com/insights/an-inconvenient-truth-tax-on-us-listed-etfs-04c7532c5d/
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CPF

Investments

Retirement

Hi I would like to find out about the various strategies that people use for investing with CPF-OA?
D
Deedee
Level 5. Genius
Answered 5d ago
Hi anon! Few years back I invested via my insurer into First State Dividend Adv A to grow the returns so I can make a higher downpayment on my bto upon key collection. Mistake I did was to trust my agent and blindly invest =x Luckily though, the returns are ~10% +/- What I didn't know was that there were sales charges (which fortunately would be 0 from 1 Oct 2020 if I'm not wrong), ongoing trailer/platform charges of 0.4% (I think) plus every quarter cpf would deduct $2.14 for the investments. I haven't quite calculated my total growth but since the returns are still double digit and my key collection delayed, I am taking my time to research then decide if I will continue with it or to withdraw and then invest via endowus which has lower fees, or withdraw to reduce loan amount.. All these is because my partner and I haven't decided what to do with our bto.. Whether we will stay till retirement or to sell after MOP.. And whether to service via cpf or cash or both haha. There's a lot to think about but I think I will periodically invest maybe every year or few years lump sum. Go global to diversify :)
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Investments

Stocks Discussion

I am currently holding a few lots of ST Engineering and I'm down by 3-4%. I was thinking if I should sell it off and start trading in the US stock market for quick growth. Need some views, thanks?
D
Deedee
Level 5. Genius
Answered 4d ago
Agreed with Maisul, US stocks have higher volatility. If you can't stomach 4% paper loss , how are you going to stomach even 10% paper loss ? No such thing as quick growth in investments unless you do your own active trading to try to buy low, sell high :) which is why people always advocate at least 5 years in the market to ride out waves
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Stocks Discussion

Investments

There are rumours of Grab and Gojek merging. How likely do you think this is happening, and would this be a good time to buy grab shares?
That's a good question, although I think the government will intervene to promote competition among the 2 companies. Additionally, you cannot buy Grab shares publicly because it is not publicly listed on the stock exchange.
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Investments

IPOs

In the News

Entertainment

Hi, is it possible to buy Big Hit shares yet? I don’t think the BTS/Kpop hype will die down anytime soon and their IPO is doing really well. Any thoughts?
Hey Anon! Unfortunately, foreigners living outside of Korea cannot participate just yet . For Big Hit Entertainment, retail investors located in Korea will be able to participate in the subscription on 5 Oct and 6 Oct 2020 . But you can still buy the shares when Big Hit shares are traded on the open stock market/KRX . Big Hit is also expected to list on the KOSPI (the major stock market index of South Korea) on Oct 15 . Do note that only 20 percent of the label’s total shares are open to retail investors, so the competition amongst both investors and fans may be fierce. ! // You’re right about the IPO soaring though! 1. Largest IPO listing in South Korea in three years Big Hit Entertainment ( management label of popular South Korean K-Pop group BTS) priced its IPO at the top of its range yesterday which is South Korea's largest listing in three years . Their IPO boasts a valuation higher than the combined value of S.M. Entertainment, JYP Entertainment and YG Entertainment , which are South Korea’s three major entertainment companies. Big Hit’s IPO will raise 962.6 billion won (US$820 million) through the offer of 7.13 million new shares . With analysts predicting gross bids from retail investors with the possibility of hitting 100 trillion won (US$85 billion), the South Korean central bank is following the IPO closely, due to the possibility of oversubscription sending waves through short-term funding markets. 2. IPO subscribed over 1000 times Big Hit priced the IPO at 135,000 won (US$115) per share and even at the pre-subscription offer stage, about 1,420 institutional investors sought their shares looking for as many as 1,117 times the number available . This is of course aligned with the band’s popularity and success, their song Dynamite reaching number one on the US Billboard Hot 100 singles chart. Despite having to cancel their planned concerts due to the pandemic, Big Hit reported that sales surged almost 50% and a 49.7 billion won (US$42.4 million) profit for the first half of 2020 with its online concert and merchandise sales. // However, some investors are cautious due to the company’s heavy reliance on a single artist , BTS who accounted for 97.4% of the company’s sales last year and 87.7% in the first half of this year . Furthermore, with compulsory military service awaiting the BTS members , some investors feel this could affect the stock prices in the near future. Big Hit has been diversifying its businesses to counter these risks by acquiring two other agencies , while continuing to nurture and expanding trainees to debut new acts. Yep, so if you happen to be a fan of BTS, I guess it’s great to be able to invest and support your favourite artist at the same time! But that being said, remember to do your own due diligence before deciding!
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