Hui Wai Kit - Seedly
 
Hui Wai Kit

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Hui Wai Kit

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Hui Wai Kit

  • Answers (13)
  • Questions (0)
  • Reviews (4)

General

Career

Lifestyle

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Answered 2w ago
I believe the 3.80 haircut's used as a loss-leader to get customers into the store before they try to sell them the higher margin products/services. Rental in the heartlands' also cheap so less overhead cost as well, thus enabling the business model.

Investments

Investment Courses

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Answered 3w ago
Depending on what investment methodology you're interested in, you can take a look at some of the investment courses featured here to get a better understanding of how other users have experienced the course before deciding: https://seedly.sg/reviews/investment-courses The Internet & Youtube is also a good source for free information. You can also check out some of the free courses by SGX Academy!

Travel

Multi Currency Cards

YouTrip

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Answered 3w ago
As long as the merchant accepts mastercard, YouTrip will work! Youtrip supports up to more than 150 currencies, but ultimately the merchant would have to have the mastercard terminal for you to use the card as well. Personally, i've had no trouble using it in Malaysia, but i havent been to Vietnam or Myanmmar. If you're deciding whether to get YouTrip or not, perhaps you would like to read more on others' experiences with the card or similar services here: https://seedly.sg/reviews/multi-currency-cards

Multi Currency Cards

Payments

Credit Card

YouTrip

Revolut

GrabPay Card

Wirex

TenX

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Answered 3w ago
I don't think there's a clear "best" right now, as the rates are mostly very competitive. It will come down to what you look for as additional features or perks. Currently i'm using Revolut and very happy with the ease of usage and the UIUX of the app. I'm also excited to see what GrabPay Card has in store for the future and the launch of Nium's Amaze card. If you're interested in MCCs you can check out what other users feel about the products here as well: https://seedly.sg/reviews/multi-currency-cards

Trading

Investments

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Answered 3w ago
There're alot of free resources online to learn more about investing, I've picked up a thing or two online and even Youtube channels. Ultimately, do your due dilligence and homework before starting out to invest. If you are really interested in a investment course, you can check out the courses featured on Seedly here: https://seedly.sg/reviews/investment-courses Do look through the reviews and offerings and see what would suit you best/which methodology you're most interested in! You can also read this article by Seedly: https://blog.seedly.sg/singaporean-investment-courses

Stocks Discussion

Investments

Robo-Advisors

OCBC RoboInvest

StashAway

AutoWealth

Smartly

Syfe

Endowus

Kristal.AI

DBS digiPortfolio

SquirrelSave

Phillip SMART Portfolio

UTRADE Robo

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Updated 3w ago
The returns will depend on the risk profile you set with the robo-advisor, more conservative portfolios will return lower but more consistent returns while higher risk portfolios will see higher returns (albeit potential higher standard deviation). Do go through the entire KYC process with the robo advisor before choosing the risk profile which suits you the best! Depending on the risk profile you choose, the robo will allocate/diversify the portfolio accordingly. eg. more conservative portfolios will see higher allocations in bonds vs stocks and vice versa for a more aggressive profile. As amanda mentioned, you can check out the reviews for the robos on Seedly and see if you can relate to any specific experience. You can also read this article which Seedly has covered regarding the available robo-advisors here as well: https://blog.seedly.sg/singapore-robo-advisor-investment-comparison/

Investments

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Answered 3w ago
If you're interested in CFD trading, you can start by looking at real users' experiences here: https://seedly.sg/reviews/online-brokerages There are pure CFD brokerages in the market (see IG, CMC Markets, Plus500, City Index) and also brokerages who offer CFD trading on top of other instruments - for POEMS, you would have to be at least 21 years old and pass the CKA assessment. CFD is an unlisted product on POEMS. Do note that there is a risk that comes with CFD trading, so do do your due diligence before investing!

SG Budget Babe

Lifestyle

Savings

Multi Currency Cards

Travel

YouTrip

TransferWise

Revolut

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Answered on 17 Dec 2019
I think little separates the three you mentioned, the competitiveness of the rates probably comes down to the specific currency pair you're looking at. More importantly, you should explore which uniquie features from each provider would fit your needs most. Perhaps consider looking through some of the reviews to see what others have experienced with the cards: https://seedly.sg/reviews/multi-currency-cards I personally use Revolut, and i think it's been really convenient so far and i would recommend it, but again i would recommend first going through the reviews to see what suits your needs best!

YouTrip

Revolut

Credit Card

Grab

Multi Currency Cards

Lifestyle

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Answered on 17 Dec 2019
I would recommend linking either a UOB One card or an AMEX card to enjoy the specific perks. If i recall correctly, Revolut and Youtrip does not offer any perks when spending. MCC cards are best used for purchasing items in FCY (as they are able to offer you mid-market rates for your transactions).

Credit Card

Travel

Career

MileLion

SG Budget Babe

Hui Wai Kit
Hui Wai Kit
Level 5. Genius
Updated on 17 Dec 2019
Considering that you've found that getting a local card is more trouble than it's worth, I'd recommend looking at a multi currency card, where you can enjoy mid market rates. You can find out more here: https://seedly.sg/reviews/multi-currency-cards MCC-wise, I'm personally using Revolut as of now - the interface is really good and the rates are competitive with the other MCC cards. It only lacks on the rewards front. If you really just want miles and lounge access you could consider Amex's Ascend card. I'm also anticipating the launch of Nium's Amaze card where you get to link multiple cards (to Amaze) and also double dip into rewards (think mid-market rates, miles and cashback even). Seedly has covered it here if you're interested in learning more: https://blog.seedly.sg/guide-to-instarem-amaze/
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