Adriel Thin - Seedly
 
Adriel Thin

Adriel Thin's profile is not filled up yet.

Adriel Thin

About

Adriel Thin's profile is not filled up yet.

Credentials

Adriel Thin's credentials are not filled up yet.

Adriel Thin

  • Answers (16)
  • Questions (1)
  • Reviews (2)

Stocks Discussion

Investments

Bank Account

Payments

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered 2w ago
If you want to lock in a price for a stock but do not have the cash available, putting in an order could be more beneficial than a cash upfront method. However, this should only be done if you're sure to have the cash to settle the position by the due date. Note also the increased commission fees, if the trade amount is high enough and the commission fees is too small of a percentage to be significant then the regular trade method could be better.

Bank Account

Singapore Saving Bonds (SSB)

DBS Multiplier

DBS

Investments

Dividends

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered 2w ago
When you purchase SSB, the amount of money invested to buy the SSB should count towards the investment category for that month. However, what's changed is that the dividend received from the SSB now falls under Income and not Investment.

General

SG Budget Babe

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered on 06 Dec 2019
I spend most of my time on budgeting and increasing income streams. I believe that good money habits are paramount, regardless of whether I'm dealing with $10 or $10,000. As such, a lot of effort goes into making sure I budget just the right amount for the various expenditures and making sure I stick to them. By budgeting appropriately, I allow my money to flow into various instrucments that I have set up and allow my money to work harder for me.

Investments

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered on 03 Dec 2019
Not starting earlier

Lifestyle

Savings

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered on 21 Nov 2019
Stop taking taxis, and read some books!

Savings

Loans

Investments

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered on 21 Nov 2019
Depending on the interest rate of your loan, you should consider repaying your loans first. If your loan interest rate is relatively high at 4-5%p.a. and your investments are not able to give you that kind of return, then overall you are still losing money. At 24yo, you will also be taking on more responsibilities and liabilities in the coming years, probably within the 4 years of uni loan repayment, so you also want to make sure you have more loans than you can cope with. Hence I'd suggest using the money towards your debt first.

Investments

Insurance

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered on 20 Nov 2019
Assuming you are relatively young, definitely get adequate insurance first. Even if you get a 10% return on your investments, a medical crisis might wipe out all your returns and more. You also want to be sufficiently covered earlier as premiums tend to increase with age. More information such as age and available capital would help to provide more relevant answers.

CPF

Loans

Education

Lifestyle

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered on 21 Oct 2019
I paid it off using my PSEA account, worth giving a call to find out how much you have in there!

Bank Account

Savings

Investments

Adriel Thin
Adriel Thin
Level 4. Prodigy
Updated on 07 Jun 2019
Read up first before investing. If you want something that's low on risk, buy Singapore Savings Bonds (SSB). If you are looking at stock investing, then definitely read up first. Some good websites include Budget Babe, Dollars and Sense and The Fifth Person. May also wanna check on the defensive portion of your portfolio such as insurance.

SeedlyTV EP02

Giveaways

Adriel Thin
Adriel Thin
Level 4. Prodigy
Answered on 09 Apr 2019
Singapore Airlines
Load more questions
Level 4. Prodigy
79PointsGoal 125
46 POINTS TO LEVEL UP
Browse Rewards