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Stocks Discussion

STI ETF: THE END OF THE BEGINNING?

This article covers both technicals (top) and fundamentals (btm) of one of the hottest ETF in Singapore.

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Lifestyle

Career

National Service (NS)

Fresh Graduates

Why is it so hard to find my passion/interest? Feeling stressful as everyone around me seems to know what to do in life, if not busy studying/hustling - at least there is something for them to work hard on?
It's because you haven't done enough exploring to know where your passion or interest are. As the cliche saying goes, you have to step out of your comfort zone and learn to be comfortable with discomfort.
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Career

Personal Finance 101

Fresh Graduates

Salary

Lifestyle

Would you pick high salary over work-life balance or is work-life balance more important to you?
Before marriage - high salary after marriage esp w kids - work-life balnce
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Career

Fresh Graduates

COVID-19

Lifestyle

"Call me a strawberry millennial, but being passionate doesn’t mean I’m willing to be exploited" - Feel like a lot of older workers view us fresh grads as being unwilling to work hard. Any thoughts?
Can't blame them, thye live in an era where hard work are largely compensated with better returns and follow a pretty simple script for a fulfilling life. Now, the younger generations (being exposed to globalisation) are looking forward to a lot more than the normal narrative of graduate-career-marry-house-kids. It's due to this that people are getting more and more demotivated to work as hard as they (foolishly) thought it as a hindrance to them achieving the life they actually wanted.
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COVID-19

Fresh Graduates

Career

Family

Any other fresh grads out there? What's your biggest adulting fear? I graduated this year and found a traineeship... But I still feel like I'm failing in every aspect.. My work, home, personal self..?
At least you got a job, got some income. If you want to compare upwards, there's no end. Strive for improvement that's good enough.
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Investments

Stocks Discussion

Endowus

Online Brokerages

Robo-Advisors

What to look at when choosing funds?
Disagree with frankie but each to its own and whatever floats one's boat. you can look at various aspects - fund management fee, trailer fee will be rebated by endowus - the focus region of the fund and which index it replicates - can take a look at the underlying holdings too endowus offers low cost funds + trailer fee rebates + no fx + no withholding tax. i also planning to use smart fund
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StashAway

Investments

Savings

Robo-Advisors

Online Brokerages

What if StashAway closes? Will I get my money back?
Hey Anon, in the event Stashaway becomes insolvent, you'll be forced to liquidate your holdings with them. Basically, you have no control as the ETFs will be sold automatically and the funds will be reimbursed back to you. The issue here is what if the robo-advisor decides to close shop during a market downturn/plunge, similar to Smartly? In this case, you'll have no choice but to accept the (potential) losses. While the robo-advisor can do their best to reassure you that it's an unlikely event that would happen, honestly, no one can be completely certain. Who would have thought that Smartly would close down? That's why I decided to go with Endowus and AutoWealth as both robo-advisors will open a custodian account to hold the assets in my own name, legally. This means that my funds are not co-mingled with other clients and in the event the robo-advisor becomes insolvent, there will be lesser complications, e.g. not having to sell the funds at an untimely period, and clients will not be forced to liquidate their holdings. I understand that both Stashaway and Syfe are more popular as opposed to Endowus or AutoWealth due to their low barrier to entry, i.e. no/low minimum sum to start. But if you're keen on using Endowus, I believe that you can drop them an email to discuss/request a temporary waiver of the minimum sum.
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HDB BTO

HDB Resale

Lifestyle

Rent

As a single person with limited earnings/savings, should I BTO a 2-room flat by 35 and upgrade to a resale after the MOP, or save up and buy a resale when I'm even older?
I would say get the BTO and focus on saving up and investing for retirement. Top up your CPF and pay with cash for the BTO if possible. This would be the more secure path. you can always plan for an upgrade later when you earn more or maybe have a change in your status.
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Career

Financial Planners

[Help] NUS Double degree programme with full scholarship v.s. top U.K. university self-funded.?
Not sure how wealthy your parents are, why not local (use that scholarship for investment) and then use that scholarship to go overseas exchange?(some do cover exchange) Then again do think twice if you really want that bond. Some of my friends break the bonds after graduation..
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