Financial planning starts from yourself. What do you want to get in your life? Housing? Marriage, etc Step 1: Look at your savings Is there Anyway you can increase your revenue and reduce your expenses? Step 2: look at your insurance coverage <Seedly has a step by step approach > Anything more, you have to find your way through investing or getting a new job

You need to understand there is no true right and wrong. Like what Warren buffet suggests investing within your circle of competency, your capability will tell u what is right for you. If u feel adventurous, go ahead and venture outside of SG. The bonus is diversification

If I recall correctly, there is a package for AIA, you probably can ask your advisor. You may also want to relook at your policy and relook at your funds in your ilp. You could reduce your position. Now with roboadvisors, investment are made easier. They also often send out newsletters to improve your financial literacy. Financial independence is a marathon so go at your own pace, learn while you can. Learn your lesson from the misinformation gained from ilp. You will build a lot of filters along your way. Summary 1. Understand your ILP 2. Understand your roboadvisors 3. Learn things you find curious. Let robo run the show while you gain your knowledge 4. Investment is a marathon. As much as we can advise you, you need to learn to make your own decision

The idea of passive investing is putting your money in funds and not do anything with them. Thus, I hope u refined your question. Roboadvisor helps you to reinvest your dividends. The idea of robo advisors is to do a DCA and ignore them. If you would like to withdraw yearly, nothing wrong with that but you may sell at a lower price. You mention that you need the funds for daily expenses. Here are some approaches : 1. Have a higher emergency funds ( it sounds like you have problem with your cash flows) 2. Invest into dividend stocks such as banks or Reits. The annual dividend then can be your expense In conclusion, look at your current and near future spending(3-6months), Allocate emergency funds, the balance will then be your investing funds

Do you find yourself wierd because you think differently? No one will fault you for that except yourself. I used to hate the concept of money It is rather commendable that you start early because you have started to take step into the marathon of adulthood. Good luck in your investing journey

If u r thinking of investing, be prepare to lose/ ignore the money. Robo advisory for global exposure. Invest saver for sg exposure If u r using it anytime, you can consider jump-start saving acc (previously 2%, now 1%) or singlife account (2%+) The default rule of thumb is higher the reward, the higher the risk. You can consider p2p lending, debt crowdfunding. Due to covid, now the avg interest rate per annum is about 8-10%. PM me if u need a guide for it

Some of the brokers have Youth Investor program ( such as DBS, FSM, etc). You can check their requirements. As most people would recommend, DCA. I am just going to say otherwise because we have the time in the market. 1. You have to agree that the world is very volatile now. Do your research about the world current climate. My call is the world index will drop soon. Why? Do your own diligence. Be skeptical to what others said 2. Recalculate the amount you are willing to put aside for at least a decade or longer. Do a put and ignore 3. Note the cost of etf. 4. Challenge: You may want to split your capital into half = put 2 etfs. One is the world. Second is a more targeted etf. It can be a country index or a market index (e.g tech...) Whatever choice u choose, be prepared to lose your money

To add on to what CH said: For the young/ new candidates, we should also see if they have the ability and the drive to improve Singapore's current and future. Just simply from how they present themselves speaks a lot. Those who are ready for the challenges should thus be given a chance, not simply because they are in either in opposition parties or the ruling party. I do not want to hear their history. I want to how do they address future challenges. Do their promises backed by their credentials? Simple. No grandmother stories

The manifesto is not a legal document. It is a sales pitch to do this and that... You have to then question are the promises feasible, desirable , realistic to act upon in the current climate? You then have to choose the candiadate who you believe will fulfil the promises. Some are really unrealistic as there are better alternatives or focus That being said, the manifesto is a testament of their promises. If they fail to fulfil them, either make your vote counts now or wait another 5 years to vote against them

PAP, being PAP, the ruling party. You have to give them credits that they know what needs to be done in the long term. In other words, all the highlights in the manifesto are key. The most informative part of the PAP's manifesto is regarding the COVID-19 because this is the current pressing issue meant to be addressed. Solving this key issue will solve most of the other issues. As for solving economy problem, it is simply pumping money in and upskilling. I feel that more thoughts should be given in improving the lower income group and giving values to those who have no income. Since this is Seedly, I will probably bring the attention to Financial Resilence (pg19). Instead of focusing on the government's financial resilence, the public should likewise be educated to do likewise. The most debatable part of the party manifesto will then be the GST Hike. PAP insisted on increasing it from 7% to 9%. This will then requires opposition for alternatives. Note that 0% GST is unrealistic. It causes too much uncertainty/turbulence which we do not want. The best example will then be the Malaysia recent 0 GST. As a student, the educational subsidy is very misunderstanding (pg13) " Education subsidies – enhanced bursaries, scholarships, transport, meal and school fee subsidies. 100% subsidy for ITE fees and reduced fees for SIT and SUSS full time general degrees" What about NUS, NTU, SUTD, SMU? Also what about primary and secondary school students? The last I heard when I go back to my old school, the application for financial assistance scheme for neighbourhood school has increased tremendously since I graduated.