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Huihui Ang

Finance trained, worked in financial sector for almost 10 years. Passionate about financial literacy

Huihui Ang

(Previously) Senior Manager at Financial Planning Programme Office

About

Finance trained, worked in financial sector for almost 10 years. Passionate about financial literacy

Credentials

(Previously) Senior Manager at Financial Planning Programme Office

Huihui Ang

(Previously) Senior Manager at Financial Planning Programme Office

  • Answers (3)
  • Questions (0)
  • Reviews (8)

Singapore Saving Bonds (SSB)

Investments

Huihui Ang
Huihui Ang, Chartered Financial Analyst at Cfa Institute
Level 4. Prodigy
Answered on 02 Dec 2019
We're in a low yield environment due to the loose monetary policy used by central banks to help their economies recover from the Global Financial Crisis in 2008. It has been a challenging 11 years and rates have not gone back to the levels they were previously at yet (I'm not sure if they ever will). The latest SSB yields 1.76%. It is your decision whether it's still worth investing in, but imagine, if you put your money in DBS Multiplier account, and credit your salary and charge 1 transaction to your DBS credit card monthly, you already get that sort of interest rates anyway. I'm looking for other investments, but at my own risk. SSBs are 'risk-free', but other investments may not be. There is another 'risk-free' high yielding account - CPF Special Account, but that locks you in until at least 55 years old, and there is policy risk. So all at your own risk... high risk, high return (stocks maybe).. high return low risk, but no liquidity (CPF)... low risk low return (SSBs).

Investments

Insurance

Huihui Ang
Huihui Ang, Chartered Financial Analyst at Cfa Institute
Level 4. Prodigy
Answered on 02 Dec 2019
Actually, I'd say it depends on your age and your life stage. If you are a fresh graduate and don't have a family to support, you really only need hospitalisation plan. If you're worried about having to pay for massive bills due to critical illness, then you cover for critical illness. Don't fall into the trap of becoming overinsured. You can also consider getting term insurance and investing the rest of your money (as a lot of advisers will ask you to get whole life, and it'll look as though you're getting 'free insurance' as you get back some money at the end of xx period, but you lose out in terms of opportunity cost). If you have parents or kids/spouse depending on your income, then yes, make sure you have some insurance first, just don't fall into the trap of becoming overinsured please.

Stocks Discussion

Investments

REITs

I think you need to consider the portfolio as well. While the sponsor and cornerstone investor list is strong, the portfolio consists of 2 properties, with around 70-75% of income being derived from Somerset 313. The WALE is pulled up by the Milan property, but that only contributes to 25-30% of income. The WALE from 313 is 1.6 years so that’s something to consider. With the news on Trump (impeachment), there’s also risk climate you need to think about as well. REITs are indeed popular, but suggest to buy with your eyes open if you are going for it. Just my 2 own cents worth...
Level 4. Prodigy
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64 POINTS TO LEVEL UP
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