Heng Kai Le - Seedly
Seedly logo
Seedly logo
 
Heng Kai Le

Likes reading and writing, so this Seedly forum is right up my alley

Heng Kai Le

Mondomover at School Of Life

About

Likes reading and writing, so this Seedly forum is right up my alley

Credentials

Mondomover at School Of Life

Heng Kai Le

Mondomover at School Of Life

  • Answers (148)
  • Questions (9)
  • Reviews (10)

StashAway

Investments

Robo-Advisors

Promo Codes

Could someone share some advice on StashAway and your referral code, if any, please?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 20 Jun 2020
Other than getting hold of a referral code, there's another way to have your portfolio managed for free for half a year. You can find this hack on my blog. It's stated inside an article titled STASHAWAY: HACK TO GET $10K MANAGED FOR FREE FOR 6 MONTHS
👍 0

Savings

Investments

What can I invest in to earn some extra pocket money as a student?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Updated on 10 Jun 2020
Hi Wen Jie, if you have an OCBC account, maybe you can download Google Pay, generate your referral code and earn some petty cash when your contacts make their first payment through it. It’s valid until 30 June.
👍 0

Payments

Promo Codes

Anyone mind sharing your Google Pay referral code?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 06 Jun 2020
Join me on Google Pay and we both earn $5 when you make your first payment (min. $10) before 30 June. Download the app and use my referral code fc4dx05 to get started. https://g.co/payinvite/fc4dx05
👍 0

Investments

Robo-Advisors

Stocks Discussion

Online Brokerages

Should I invest $1000 at once or $100 for 10 months?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 31 May 2020
Dr Wealth gives a thorough explanation of when it's better to use lump sum investing and when it's better to use DCA. Check this out: https://www.youtube.com/watch?v=m5Ez7jTGRw
👍 0

Investments

Passive Income

Robo-Advisors

ETF

Online Brokerages

Unit Trust

For someone who doesn’t have time to manage investments due to work, what are the ways to invest passively without having to monitor?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 30 May 2020
I actually think that topping up to your Full Retirement Sum in your SA account is a worthwhile goal to strive towards. Here's a video about the founder of 1M65 movement, Mr Loo, explaining how he achieved his first million by topping up his CPF SA to FRS and then letting compound interest do the work: https://www.youtube.com/watch?v=9aHnuNR14Vg
👍 1

SeedlyTV S2E07

Endowment Policies

Fixed Deposits

Savings

Savings Accounts

What is the lowest Fixed Deposit or Endowment Plan in SG for a single person?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 29 May 2020
I have a 3-month fixed deposit with ICBC Bank of China that offers 1.3% per annum. Think now the rate is 1.2%, which isn’t too shabby. I started out from $500.
👍 0

Personal Finance 101

Parenting

Investments

Savings Accounts

Savings

Robo-Advisors

Family

Hello parents! Out of curiosity, what would you do with your kid's (few months old) money, such as money from their baby showers and angbaos?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 29 May 2020
Top up his Child Development Account, for if I top up $3k, I get dollar-for-dollar matching contribution (another $3k) from the government
👍 0

SeedlyTV S2E07

Giveaways

[GIVEAWAY] What are your favorite ways to save or multiply your savings and why?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 29 May 2020
Well, this circuit breaker, I came up with the habit of topping up my CPF SA account whenever I received petty cash from apps like Socash ( https://diaperfinancingfund.blogspot.com/2020/05/socash-get-cashbacks-from-digital-atms.html ) or Partipost or Milieu. Yes, I put myself through the hassle of contributing $15-20 to my SA account. It gives me a cheap thrill, knowing that I am doing something, albeit small, to help my retirement plan every now and then lor...
👍 0

Tuas Power

Promo Codes

Electricity Retailers

Anyone has promotional/referral codes for Tuas Power?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 27 May 2020
Guys, remember to win a Seedly Review for Tuas Power before 30 June 2020 for the chance to win $30 vouchers. My referral code can be found in this blog post.
👍 0

Lifestyle

COVID-19

Career

During this COVID-19 period, many industries are being heavily affected. Which is one industry would you want to focus on helping and why this particular group?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered on 27 May 2020
Theatre companies. They are showing us their recordings of past hits for free, despite being impacted severely by this pandemic. it's good to watch these plays and laugh and forget our worries for a bit.
👍 0
Load more questions
Level 6. Master
624PointsGoal 750
126 POINTS TO LEVEL UP
Browse Rewards