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Brandon Ho

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Brandon Ho

Community Lead at Seedly

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Credentials

Community Lead at Seedly

Brandon Ho

Community Lead at Seedly

  • Answers (75)
  • Questions (4)
  • Reviews (5)

Lifestyle

Family

What apps or tools are you using this Circuit Breaker to help you keep sane? Share with us why do you like them?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Answered on 20 Apr 2020
1) Netflix- They've been adding lots of new shows recently, there's definitely something for everyone! Plus if you can split the costs between friends, it really isn't that expensive! (I've a friend who's been leeching of her ex's Netflix for 2 years now lol) 2) Houseparty- Basically Facetime/Skype/Zoom on your phone but with games such as pictionary 3) Mousehunt- old but gold, a nice distraction every 15 minutes 4) MapMyRun 5) TikTok (unfortunately)- There actually are quite alot of cool tutorials/challenges that can be found on TikTok, such as the recent put-a-shirt-on-while-in-a-handstand challenge! These are all apps that could help you relieve stress/cope with working at home, hope everyone's doing okay!!
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General

Goods & Services Tax (GST)

COVID-19

Will my daughter get her solidarity payout? She will be 21 years old this June, so will she get the payout?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Answered on 15 Apr 2020
Hi Anon! Yes, your daughter will be eligible for the solidarity payout! As long as you turn 21 years old this year, you'll be eligible! It doesn't matter which month you're born it. If you're still unsure about the criteria, you can check out this article written by the Seedly Team with regards to the 2020 GST Voucher! Hope this helps!
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Seedly

SeedlyTV S2E01

I saw on Facebook that Seedly will be releasing the new Youtube videos, when will it be out? Will it be live?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Answered on 06 Apr 2020
Hi Zachary! SeedlyTV is back for Season 2! We'll be releasing our first episode this Wednesday, 8 April at 8pm ! It'll be a livestream, and you can watch it live on the topic page here :) Keep an eye out for future episodes on this page, we look forward to seeing you tune in!!
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Insurance

Savings

Payments

Good afternoon, tell me, using your service, will you share information with your partners or marketing networks?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Answered on 02 Apr 2020
Hi Anon! Could you please clarify your question and provide more details? Which company is this directed to? Which services are you referring to? This will greatly help our Users, or the respective company representatives on this platform to better answer your question! Thank you for your understanding!
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Union Power

Are there any promotions going on for Union Power now?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Updated on 30 Mar 2020
Hi Anon, We already have a thread for Union Power Promo Codes here, do check it out! You can use the new "Follow" button on the question to get notified if there are any new answers posted on that question, so you can be notified if any new Union Power promo codes are posted! All the best, and hope this helps!
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COVID-19

Economics

Career

Investments

Stocks Discussion

The government is setting aside another $48 billion to help Singapore deal with Covid-19. What are your thoughts?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Answered on 27 Mar 2020
Hi Anon, We've already got a question thread regarding this topic here, do check it out! Just to summarise some of the sentiments on the other question thread, the S$48 billion that was drawn from Singapore's reserves is definitely needed to help cushion the economic impact of the virus on Singapore's economy. Whether or not the Resilience Budget is enough is yet to be seen, but the swift response from the government so far has been encouraging, and we know that they won't hesitate to draw more from the reserves if required.
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COVID-19

Economics

Investments

Career

The government is prepared to draw more from our reserves if needed. Why do you think the government has given such a huge second stimulus package?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Updated on 26 Mar 2020
Hi Anon, The Resilience Budget worth S$48 billion is indeed a massive one, and I believe that there are multiple factors have led to this. Singapore's Current Economy First and foremost, the government has to respond drastically to the current economic situation in Singapore. ! Economic data released on Thursday morning showed how Singapore's gross domestic product fell an annualized 10.6% in the first quarter from the previous three months, with our economy shrinking 2.2% in the first quarter of this year . The country is expected to be heading for a full-year recession- its first in two decades. The Ministry of Trade and Industry downgraded its 2020 growth forecast to a range of -4 to -1 per cent. All this does not bode well for Singapore's economy, and it's imperative that the government provides support for businesses and Singapore's citizens. 2008 GFC I believe that the government has learnt its lesson from the Global Financial Crisis of 2008, whereby Singapore ended up becoming the first East Asian Country to slip into a recession. It was only after the government sought permission for the President to dip into our national reserves in 2009 -$4.9 billion; that Singapore's economy began to slowly recover. It was this act that helped to significantly cushion the effects of the recession, and sparked the slow but sure recovery of Singapore's economy. Ultimately, Singapore was ranked as the world’s fourth most dynamic city post-recession in the 2010 Global Metro Monitor Report, which was commissioned by the Brookings Institution's Metropolitan Policy Program, and provided an overview of the recent economic performance of 150 global metropolitan cities post the Great Recession. Hence, I believe that the government understands the need for drastic action, and want to try and cushion the economic effects of the pandemic as soon as possible. Elections As you mentioned, I believe that the upcoming elections are a factor that has made the response from the government this drastic. Just yesterday, Teo Chee Hean said in parliament that delaying elections and having the president form a caretaker government are both “unconstitutionally unworkable” proposals- it seems that the PAP is determined to go ahead with the elections. This could be due to them seeing the Covid-19 pandemic as an opportunity to further their credibility as our lawmakers, and as an opportunity to win the younger generations over- the Gen Zs who are coming of age. This is a double-edged sword in my opinion, but I personally think that the government's responses have been more than decent, from the containment of the disease to their efforts to reduce the strain on the economy. We shall see if this continues to be the trend, but so far I think they've done well in the handling of the current situation. Do let me know if you agree or disagree with my views!
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COVID-19

Career

Economics

Family

Lifestyle

What do you think about the second stimulus package by the government to help Singapore cope with the Covid-19 pandemic?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Updated on 26 Mar 2020
Hi Anon, The government recently unveiled it's second stimulus package of S$48 billion to fight the economic effects of the coronavirus outbreak, and will be in addition to the previous S$6 billion Unity Package ! Economic data released on Thursday morning showed how Singapore's gross domestic product fell an annualized 10.6% in the first quarter from the previous three months, with our economy shrinking 2.2% in the first quarter of this year . The country is expected to be heading for a full-year recession- its first in two decades. The Ministry of Trade and Industry downgraded its 2020 growth forecast to a range of -4 to -1 per cent. DPM Heng said during his address to parliament that "Our resilience as a country, as a society, is being put to the test as we face our biggest challenge in more than a decade." Some highlights of this second stimulus package are: - $4 billion package to keep workers in jobs and help companies with cash flow - $1.6 billion for a one-time payout for Singaporeans aged 21 and above, between $$300-$900 each - $800 million to support front-line agencies fighting the outbreak. - Scrapping of property tax for virus-hit hotels, restaurants and shops - Expansion of wage support for businesses, including extra support for those in food services, aviation and tourism industries - Direct cash aid to a broader pool of self-employed persons - Enhanced support for lower-income workers - Freeze of government fees and charges for one year - Suspension of student-loan interest and repayment charges for one year - Suspension of late-payment charges on public-housing mortgage arrears for three months - The additional spending will push up the government’s virus-related relief to almost S$55 billion, or 11% of gross domestic product, Finance Minister Heng Swee Keat said in a speech in Parliament Thursday. The S$48 billion stimulus package will be pulled from Singapore's massive reserves. This is rather unprecedented as until now, the Government has only drawn on past reserves once during the 2008 Global Financial Crisis when the President approved a draw of $4.9 billion to fund the Jobs Credit Scheme and special risk-sharing initiative. This shows the immense scale and seriousness of the impending recession, and how drastic the measures that need to be put in place will be. As to how long the measures will last, no one can tell or predict for sure. However, the mega reserves that Singapore has will definitely but put into good use during this period, and I'm sure that the Singaporean government will prepare and push out more stimulus packages if the need for them arises. I think that this second stimulus package will do wonders to cushion the impact for various sectors in Singapore, but only time will tell whether it's enough to tide us through this tough period.
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Family

Career

Lifestyle

Investments

If you had the chance, what would you tell your 20 year old self?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Updated on 23 Mar 2020
Considering how I'm 20 now 😜, I'd tell myself and my peers around me to- 1. Get my lazy ass off my bed 2. Stop using social media like Instagram and Twitter so much 3. Learn more about investing 4. START INVESTING, as the long runway I have affords me the time to take risks 5. Start saving more and spending less 6. Read read read 7. Set goals for myself financially Alas, it's way easier to say than to do- but I now know the importance of these things and hence have to start on them. It's all about self-discipline, the earlier you plant the seed, the earlier you can reap its rewards!! (most of the time hahah)
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COVID-19

Travel

Stocks Discussion

Investments

Singapore Airlines (SIA)

Online Brokerages

Singapore Airlines is cutting 96% of the capacity due to the tightened border controls to stem Covid-19. SIA (SGX: C6L) shares are currently at a low of S$5.40. Is now a good time to buy SIA shares?
Brandon Ho
Brandon Ho, Community Lead at Seedly
Level 6. Master
Updated on 23 Mar 2020
Hi Anon! Interestingly enough, our Investments Lead at Seedly, Sudhan , has just written an article with regards to this topic! You can check it out here , but do remember to take the advice given with a pinch of salt, and to research the stock and it's market thoroughly for yourself before making any decision. TL;DR: SIA is a no-go at the moment for these reasons - There’s going to be significant capacity cuts amid the fall in demand, no thanks to the Covid-19 pandemic. - SIA is operating in a price-sensitive industry, and that doesn’t bode well for the long-term as an investor. - Capital is used to keep SIA’s fleet new, and that has caused negative free cash flow for four of the last five years. - There could be more pain ahead with SIA’s balance sheet looking shaky. - If SIA’s dividend is cut to conserve cash, its 5% dividend yield doesn’t look attractive anymore. This all points to shares dropping even further, and it can be argued that we have not yet seen the full brunt of Covid-19 on the markets. Again, do remember that this is just an opinion, do take the time to research and study the stock for yourself! Feel free to discuss this in the comments below, and do leave an answer to let us know your own thoughts on this!
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