Chin Guo Qiang

Food, Tech and Hobbyist Photographer [Sony Alpha 7 user]

Chin Guo Qiang

Project Manager (Executive, Application Systems) at Singapore Prison Service

14Upvotes

About

Food, Tech and Hobbyist Photographer [Sony Alpha 7 user]

Credentials

Project Manager (Executive, Application Systems) at Singapore Prison Service

Diploma In Information Communications Technology (Broadband And Security Services) at Singapore Polytechnic

Chin Guo Qiang

Project Manager (Executive, Application Systems) at Singapore Prison Service

14Upvotes
  • Answers (19)
  • Questions (1)
  • Reviews (2)

Retirement

Savings

Career

I would say do the job that you like for $30,000 a year, at least for 2 years. Meanwhile, keep the expenses in check with that level of budget, to prepare yourself for better savings on that $100,000 a year job. More income, same expenses level = Higher savings ratio. Investments come naturally with more savings on hand as liquid funds.

YouTrip

Credit Card

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Updated 2w ago
I personally use DBS SAFRA Credit Card as with $500 credit card spending comes a basic 3% cashback rebates, in the form of SAFRA$. Which can be used to offset credit card bill payments or redeem for Singapore Airlines (SQ) KrisFlyer Miles (not a good ratio though). Hope this helps. :)

General

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Updated 2w ago
Tried the following telcos in the list. 1. M1 - Good coverage with proper Customer Service 2. Circles.Life - Similar to M1 but lesser priority due to MVNO status, even better Customer Service. 3. Zero1 - No-fuss usage via SingTel network but bad in Customer Service and response 4. Starhub (Current) - So far so good, no complaints. Data coverage can be a bit spotty. Pricing wise so far is Starhub having the cheapest deal with good bundled data pack, 9GB data with Weekend Unlimited Data, 200 mins talktime (no SMS though), for the price of $24 (add $6 for 3GB Data after first 6 months). Comes with free CallerID for 2 years (CIS benefit), Starhub XS (SIM-Only) plan.

Savings

Investments

General

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Updated 2w ago
Depends on how much are you putting aside for NS allowance, on this investment. Maybe can start with $200 - 250, for Blue chip stocks, with regular dividend payouts. Do take note that share prices fluctuations are inevitable, so this is a long term strategy. If not, can consider Singapore Savings Bonds, with min $500 fixed sum upfront, 1st year interest can go as much as 1.74% (Aug 2018 SSB), which is higher than high interest rate saving accounts, without additional criteria other than putting your money in. Dividend payout is automated every 6 months.

Zero Mobile

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Answered on 12 May 2019
Outsourcing of Customer Service to places like the Philippines and Sri Lanka or other Asian countries are the normal. Coupled with high turnover rate means customer satisfaction index will be affected.

Investment Courses

Investments

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Answered on 12 May 2019
I’ll stay away from Adam Khoo courses, too theoretical approach from the surface. Can consider going for trial classes if they do provide before laying out the cash for course enrolments.

Property

Resale HDB

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Answered on 12 May 2019
Hold on if your current flat is HDB Resale flat. For buyers, the implication won’t be very volatile since flat prices don’t move a lot. This can be a potential time period for good deals on HDB Resale Flats, if coupled with good bank housing loan deals (Housing Lian % falling below 1.8% that is)

Investments

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Answered on 12 May 2019
Venture Corporation is a good buy but the high entry price means you might want to wait for post-dividend payout period. Lowest price for Venture Corporation is at around Low $14 before, and almost maxed out at close to $24.

Career

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Answered on 12 May 2019
Follow your heart is the best answer. Prestigious university only get you to interviewers’ room at most, what comes next is how you perform to sell yourself as good and capable person. Liberal arts can be quite a niche category, might be for jobs with Arts management or in the local art scene ? Maybe a freelancer or something along the lines ? Not too sure as I am a technology based person. :(

Investments

ETF

Chin Guo Qiang
Chin Guo Qiang,
Level 3. Wonderkid
Answered on 12 May 2019
I think Huawei is a good house, being the forerunner in terms of 5G technology and infrastructure, plus the sizeable government and industry deals worldwide. Do take note of the US-China trade tension if you are looking at China-based technology companies dealing with 5G tech.
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Level 3. Wonderkid
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