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Cassandra Tho

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Cassandra Tho

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Cassandra Tho

55Upvotes
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Investments

General

Cassandra Tho
Cassandra Tho
Level 5. Genius
Updated on 20 Jun 2019
Hello! I’m Cassandra, the community manager for CoAssets Pte Ltd. Each investment opportunity/product will of course come with its own risk. How one defines ‘safe’ actually depends on each individual risk appetite. Back to your question, there is never a good or bad time to invest, however, it is also dependent on the type of investment product you invest in. Some products may be susceptible to market volatility while others may not. For example, stocks are considered to be of higher risk and risks are escalated during such periods. While other investment products such as debt based crowdfunding, wine or art investments may not be affected by market volatility. For example, CoAssets Pte Ltd provides investment opportunities in the film industry. The main factors determining the success of a film includes public taste, aesthetic merit, competition from other films released at the same time, quality of script, quality of the cast, and the quality of the direction etc. As everyone would know, there was a recession back in 2008. However, when you take a look at the global box office revenue, it has been been increasing each year from 2005 to 2018 as shown: https://www.statista.com/statistics/271856/global-box-office-revenue/ I would conclude that regardless of recessions or any market ups and downs, the film industry does not seem to be affected. People like you and I would still continue to go to cinemas or stream movies :) Let me know your thoughts! Happy investing! :)

Investments

Cassandra Tho
Cassandra Tho
Level 5. Genius
Answered on 13 Jun 2019
Hey there! I’m Cassandra, the community manager for CoAssets Pte Ltd. As everyone has already mentioned below, Singapore saving bonds (SSB) are probably the best and most secure passive income investments. Your capital and interest is guaranteed by the Singapore Government, which has a AAA-rating. Although it’s a money back guarantee, a single person cannot own more than $200,000 (Since 1 Feb 2019) worth of SSB. Redemption is also flexible with no penalty. Principal and any accrued interest will be paid in multiples of $500 monthly. Source: Singapore Savings Bond Fac Sheet You can apply through ATM or internet banking via UOB OCBC or DBS, alternatively, one can also use the Supplementary Retirement Scheme (SRS). Yields are considered low at 2.16% for May 2019’s SSB for the next 10 years (1.95% for 1 year). However, they are comparatively higher than interest rates by the banks. You can check out this post for the interest rates: https://blog.seedly.sg/best-savings-accounts-singapore/ Depending on the definition of long term investments, P2P lending could be another platform to diversify one’s investment portfolio. P2P lending is another passive income investment that one may consider “best”, due to it’s higher rate of returns. i.e. CoAssets Pte Ltd has a weighted average of 9.91%, Moohlahsense at 9.9% and Funding Societies at 9.32% just to name a few. It is definitely not as secure as P2P investing is considered a high-risk investment. The risk is also dependent on each individual’s risk appetite, where loans are being funded to and the type of financing options. With Singapore’s reputation as a major financial and technological hub, there is a growing interest for P2P lending. Hope this helps :)

P2P Lending

Investments

CoAssets

Cassandra Tho
Cassandra Tho
Level 5. Genius
Updated on 07 Jun 2019
I’m Cassandra and I’m online community manager from CoAssets. To better engage the investment community, I’m here to provide more insights on what the company actually does. Firstly, CoAssets Limited is the first listed (on ASX) online funding platform in Southeast Asia. It is continuously growing with a current member base of more than 500,000 (As of 30 Dec 2018) and a regional presence in Singapore, China, Hong Kong. While most online funding (or some would term it as Peer to Peer Lending / crowdfunding) platforms focuses on invoice financing and/or SME working capital financing, CoAssets Pte Ltd focuses on short-term project financing in the real estate, movies and alternative investment sectors. To give investors an idea on the types of projects we have successfully funded (via CoAssets Pte Ltd - our licensee subsidiary), here are some examples... The latest successfully funded project is a titled “I’m Livin’ It” starring renowned movie stars Aaron Kwok and Miriam Yeung. I’m Livin’ It ! Details of the project: Funding Amount: S$1,000,000 Rate of Return: 9% p.a. Repayment: Quarterly Tenure: 360 days Other successfully funded movie projects: A Lifetime Treasure - Feb 2019 ! Spinning Man - Jan 2019 ! Pad Man - Nov 2018 ! The 8 Year Engagement - Oct 2018 ! Black Water - Aug 2018 ! We look forward to serving more lenders and borrowers, as we strive to become the leading online financial platform for the region. If you have any questions, feel free to drop us an email at [email protected] :)
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Investments

Cassandra Tho
Cassandra Tho
Level 5. Genius
Answered on 16 May 2019
P2P Versus Real estate Hello, I’m Cassandra, the Community Engagement Manager for CoAssets Pte Ltd (CoAssets). While there is no one “best form” of passive investment, I personally define “best” as the highest level of risk an individual is able to tolerate. As every individual risk tolerance differs, it would be dependent on the following factors: Interest rates, default rates, effort required and simplicity of the investment. Since CoAssets provides a P2P platform, I could help by giving a brief overview of how P2P platforms work. Firstly, P2P platforms main focus is to match investors (lenders) to businesses (borrowers). Returns of investments differ for different projects/P2P platforms. In 2018, the weighted average returns are as shown: 1. Minterest: 3.5-24% (Weighted ave: 12.95%) 2. CoAssets: 9-10% (Weighted Ave: 9.91%) 3. Moolahsense 5.90%-16.82% (Weighted Ave: 9.9%) 4. Funding Societies: 6.51-17.79% (Weighted Ave: 9.32%) 5. SeedIn: 7-20% (Weighted Ave: 8.33%) That said, some would consider P2P investments as high risks and is not for everyone. However it is a new financial product that investors can consider including in their investment portfolio. Real Estate Moving on, investing in real estate has always been popular amongst Singaporeans. Monthly passive income is generated when a property is successfully rented out. While property investing is the “investment of choice“ for most Singaporeans, it has gotten harder in recent times due to loan restrictions and additional taxes. As a result of these, Singapore’s property market is not as vibrant as before. https://www.todayonline.com/singapore/singapore-worlds-second-most-expensive-housing-market-cbre-report https://sbr.com.sg/residential-property/news/chart-day-singapores-property-returns-poised-beat-us-and-uk As the headwinds for property investing grows, it may be timely for investors to explore alternative investment products. With all these information, P2P could be a viable alternative for real estate investors who are looking to diversify their investment. As Benjamin Graham once said “successful investing is about managing risks, not avoiding it”. Hopefully all these information will help reader manage risks better! :)

P2P Lending

Cassandra Tho
Cassandra Tho
Level 5. Genius
Updated on 13 May 2019
Hi there! This is Cass and I’m the community engagement manager from CoAssets :) Firstly, to answer your question, a default rate is the percentage of outstanding loans that has yet to be repaid after 30 days (according to MAS). This has been covered by some of the other post in this thread and the one my Kenneth Fong is quite comprehensive so I shall not repeat those points 😅😅😅 In terms of other tips and details, a new investor like yourself should first take a look and see how those default rates stack up. Based on what’s published online, the default rates for the various platforms for 2018 are shown below: 1. Moolahsense: 14.82% 2. Minterest: 0.59% 3. Funding Societies: 0.47% 4. SeedIn: 0.32% 5. CoAssets: 0.00% Apart from default rates,some other information that you may want to look into before participating are: 1. Transparency of the platform 2. Suitability of the platform 3. Risk Assessment for loans Some questions you could ask yourself: 1. Do platforms have their financials readily available? 2. Do you prefer to diversify across many small loans or concentrate your money on several bigger loans? 3. Are you comfortable with the minimum investment amount? It is important to ask the right questions before taking part in any sort of investments. I hope this answers your question :)

Funding Societies

Investments

Cassandra Tho
Cassandra Tho
Level 5. Genius
Updated on 29 Apr 2019
Hey there! I’m Cass, the community manager from CoAssets! There are many crowdfunding types, hence the definition of “good” may be quite subjective. 😅😅 In terms of returns, you would like to note that the average returns of P2P platforms in 2018 range between 8.33% to 12.95% which you might consider "good". The breakdown of weighted average returns in 2018 (based on platforms), is shown below: 1. Minterest: Weighted ave returns: 12.95% 2. CoAssets: Weighted Ave returns: 9.91% 3. Moolahsense: Weighted Ave returns: 9.9% 4. Funding Societies: Weighted Ave returns: 9.32% 5. SeedIn: Weighted Ave: 8.33% Interestingly, when you compare that against the STI, which gave returns of -6.5% in 2018 (source:https://www.channelnewsasia.com/news/business/sti-sgx-singapore-stocks-total-returns-2018-11083026) it is actually not that bad. If you measure “good” in terms of default rate, you would be able to see the range of default rates (measured as non-performing loan rate beyond 30days) in 2018, ranked in descending order below: 1. Moolahsense: 14.82% 2. Minterest: 0.59% 3. Funding Societies: 0.47% 4. SeedIn: 0.32% 5. CoAssets: 0.00% While there are some platforms giving near 0% defaults, other platforms have defaults that are as high as 14%. These are just some measures - however if you are an investor, these are probably some of the key things you will look out for in ascertaining what a “good” platform is. I hope this answers your question :)

P2P Lending

SeedlyTV EP07

Investments

Cassandra Tho
Cassandra Tho
Level 5. Genius
Updated on 26 Apr 2019
Hey there, I am Cass, the community manager at CoAssets! I am unable to comment on behalf of other platforms, however, I hope that I would be of help explaining the processes of CoAssets. Unsecured loans are loans without collaterals. In the event that the P2P borrower defaults, within 30 days from the maturity date, CoAssets will schedule face to face meetings to remedy the fault, restructure loan if possible and inform affected investors. 31 to 60 days upon maturity, a third-party professional debt collector will be hired to collect from the borrower the unpaid amounts. 61 to 90 days upon maturity, CoAssets will obtain the Power of Attorney from the affected investors to act on their behalf. Anything more than 90 days upon maturity, legal proceedings will commence against the borrower. P2P lending are considered high risk investments. There is always a chance where lender might lose 100% of principal pledged. In order to make a more informed decision, always make sure to do your own due diligence before participating i.e. Default Rate % I hope I answered your question 😄

P2P Lending

Investments

Cassandra Tho
Cassandra Tho
Level 5. Genius
Updated on 25 Apr 2019
Hey there! I’m Cass, the community manager from CoAssets. P2P lending platforms are getting more popular these days as they give investors access to alternative investment opportunities that offer higher returns (as compared to the traditional financial products currently available). I am unable to comment on behalf of the other platforms, however investors who pass CoAssets’ KYC process are NOT expected to put any funds (in the escrow account) beforehand. They only need to do so once they want to invest. Unfortunately, this means that we may take a slightly longer time to close a deal (as investors will have to transfer funds each time they want to invest) 😞😞😞 BUT it means that your money is made to work even harder for YOU as it will not be sitting idle in the (non interest bearing) escrow account 😅😅😅 Hope this helped! :)

Investments

P2P Lending

Cassandra Tho
Cassandra Tho
Level 5. Genius
Answered on 24 Apr 2019
Hi there, I’m Cass from CoAssets and would love to give my two cents :) All investments are risky regardless on whether you are a beginner or not. P2P Lending Platforms provides high returns, which of course comes with high risks. Always remember to do your due diligence (i.e. transparency of company, default rates) and only invest the amount you are ready to lose! Every P2P platform has their own strengths and weaknesses, do some research to find the platforms that are best suited to your needs. For e.g. Do you prefer to diversify across many small loans, or concentrate them on several bigger loans. Other considerations include: the minimum investment amount you are comfortable with (CoAssets Pte Ltd has a minimum investment amount ranging from $100 to $5000) Hope this helps, happy investing! :)

P2P Lending

Funding Societies

CoAssets

MoolahSense

Capital Match

Minterest

SeedIn

Cassandra Tho
Cassandra Tho
Level 5. Genius
Updated on 18 Apr 2019
I'm Cassandra, the community specialist from CoAssets. Allow me to give you the objective view of my findings. All calculations except for Capital Match are according to MAS's standards. Rate of returns per annum in 2018, ranked according to weighted average returns) 1. Minterest: 3.5-24% (Weighted ave: 12.95%) 2. CoAssets: 9-10% (Weighted Ave: 9.91%) 3. Moolahsense 5.90%-16.82% (Weighted Ave: 9.9%) 4. Funding Societies: 6.51-17.79% (Weighted Ave: 9.32%) 5. SeedIn: 7-20% (Weighted Ave: 8.33%) 6. Capital Match: 15-20% APR (Weighted Ave: unknown) Default rates (measured as non-performing loan rate beyond 30days) in 2018, ranked in descending order 1. Moolahsense: 14.82% 2. Minterest: 0.59% 3. Funding Societies: 0.47% 4. SeedIn: 0.32% 5. Capital Match: 0.20% 6. CoAssets: 0.00% Note that stats are according to internal standards and not MAS's criteria. Even after 90 days, Capital Match does not classify it as a default, unless the company is in the windup, has undergoing lawsuits, or the director(s) declare bankruptcy. Furthermore, Capital Match does not have an updated statistic based on 2018; thus this internally calculated rate is for 2017. In summary, the services these platforms provide are similar. All these platforms provide opportunities for retail investors to invest in a variety of projects. The difference is that CoAssets is the only listed online funding platform which means that they're obliged to give transparent performance updates twice a year. Their rate of returns, default rates and profits are under the scrutiny of the Australian exchange and the public, bare for all to see. As for the rest, the data provided above was based on the information provided on their website. Another factor to consider is hidden costs like service fees or surcharges within the rate of returns. For CoAssets specifically, the investors get the full interest back. For others, for example, the interest rate may be 20% but they may charge a 1% service fee resulting in an actual return of 19% only. I'm open to discussing any of the mentioned points should someone else's findings be different. I hope this helps. References: MAS guidelines: http://www.mas.gov.sg//media/MAS/Regulations%20and%20Financial%20Stability/Regulations%20Guidance%20and%20Licensing/Securities%20Futures%20and%20Fund%20Management/Regulations%20Guidance%20and%20Licensing/Circulars/CMI%2027%202018%20Controls%20and%20Disclosures%20to%20be%20Implemented%20by%20Licensed%20Securities%20Based%20Crowdfunding%20Operators.pdf Moolahsense: https://www.moolahsense.com/statistics/ Minterest: https://www.minterest.sg/statistics Funding Societies:https://fundingsocieties.com/progress/singapore SeedIn: https://sg.seedin.tech/statistics CoAssets: https://coassets.com/asx/about/ Capital Match: https://lending.capital-match.com/statistics.html
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