Jim Ng
Digital Marketing Specialist at https://swiftturnmarketing.com
114 upvotes received
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Digital Marketing Specialist at https://swiftturnmarketing.com
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Digital Marketing Specialist at https://swiftturnmarketing.com
Software Engineering at Singapore Institute Of Technology
Top Contributor
(Nov)
  • 47

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    Answers (47)

  • 1

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    Questions (1)

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  • 6

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    Topics (6)

  • Asked by Leong Wen Fong

    Jim Ng
    Jim Ng, Digital Marketing Specialist at https://swiftturnmarketing.com
    47 Answers, 114 Upvotes
    Answered 2w ago
    Black Jack All Day. Chinese New Year is a great time to catch up with families and friends through a simple and stress free game of Black Jack. It helps with family bonding if used strategically! Also, the gambling is just for the sake of fun. Do not gamble over the limit and be addicted to Gambling! Visit https://www.ncpg.org.sg/en/pages/DealWithProblemGambling.aspx Or Call 1800-6-668-668 if you or if you know of anyone that is in this dire situation!
  • Asked by Anonymous

    Jim Ng
    Jim Ng, Digital Marketing Specialist at https://swiftturnmarketing.com
    47 Answers, 114 Upvotes
    Updated on 05 Nov 2018
    My flat is funded fully from CPF, I have zero cash outlay for it. Recommended investment vehicles besides CPF: Risk averse investor: SSB, STI ETF, FDs Moderate investor: Mid cap, small cap and blue chip stocks High risk investor: CFDs, Forex, Options trading Ask yourself first, what is the time horizon you're looking at to set aside the money? What is the amount that you're trying to achieve through investments? Are you reliant on your investments to generate income for the long term? Do you have any emergency funds parked aside outside of your investments portfolio? That way, you can determine which investment vehicle is most suitable for you.
  • Asked by Daniel Lee

    Jim Ng
    Jim Ng, Digital Marketing Specialist at https://swiftturnmarketing.com
    47 Answers, 114 Upvotes
    Answered on 21 Dec 2018
    14 Trees
  • Asked by Daniel Lee

    Jim Ng
    Jim Ng, Digital Marketing Specialist at https://swiftturnmarketing.com
    47 Answers, 114 Upvotes
    Answered on 20 Dec 2018
    1. Married my girlfriend of 5 years, moving in together yay!!! 2. Wrote 8 personal finance articles to educate Singaporeans on managing personal finances. 3. Was Seedly Top Contributor (Nov) for giving answers on Seedly platform. 4. Started my own digital marketing agency, Swift Turn Marketing 5. All while being a 23 years old Full-Time student at Singapore Institute of Technology
  • Asked by Anonymous

    Jim Ng
    Jim Ng
    47 Answers, 114 Upvotes
    Updated on 19 Dec 2018
    1. I dislike endowment plans because of the commitment until the end of the policy term. If I were you, I will do away with the endowment plan. Regardless of how much savings you may have parked in the bank, you can't predict yourself being out of job. You can't predict when you'll need the emergency funds to be automatically taken out. So I don't to the lock my money aside in endowment plans. 2. Mutual funds is one good way to diversify your portfolio. For Lion Bank Asian Fund and Lion Bank Core Funds, they have 2% one-time sales charge and 0.6% annual management fee. Why bother going through these fund companies when you can go directly through SGX? You can invest in blue-chip stocks or ETFs through the stock trading companies at just a one time 0.25% floor rate. That way, you get to save and diversify your portfolio too. 3. Since you've no investments and are still new, I suggest you read up more on investments here: https://blog.seedly.sg/investment-product-short-medium-long-term/ Ultimately, it depends on your time horizon, your risk appetite, and your budget before you can determine what you should invest in. 👍🏼Cheers, all the best for your investing journey
  • Asked by Daniel Lee

    Jim Ng
    Jim Ng, Digital Marketing Specialist at https://swiftturnmarketing.com
    47 Answers, 114 Upvotes
    Answered on 19 Dec 2018
    Financial/Personal Resolutions for 2019: 1. Invest in Blue Chip Stocks by monitoring market movement. Not sure if the next economic crisis is coming. Given that 1997 Asian Financial Crisis and 2008 Great Recession were roughly 10 years apart, I wonder if it's coming soon! Need to research more on this. 2. Make $100,000 for the year 2019 through acquiring more clients in my Digital Marketing Agency 3. Provide more free financial advice on Seedly platform whenever I have the time. 4. Work out at the gym and get that sick body to impress the wife. Teehee. Cheers. Enjoy your Christmas and Happy New Year
  • Asked by HC Tang

    Jim Ng
    Jim Ng
    47 Answers, 114 Upvotes
    Answered on 05 Dec 2018
    It is better than surrending the plan directly to the insurance company you bought the policy from. 1. You enjoy a better surrender value than the insurance company. 2. If you purchased insurance policies from a friend, your agent friend that you may have bought the policy from won't be angry at you for surrendering your plan as the plan continues to be funded, not affecting his commisions. 3. You receive cash/cheque up front from the company you surrender from. It's fast, quick and convenient. Cheers.
  • Asked by Anonymous

    Jim Ng
    Jim Ng
    47 Answers, 114 Upvotes
    Answered on 29 Nov 2018
    As the World's Only Insurance Premiums Reduction Specialist: - I don't earn through commissions. - The only person providing such a service in Singapore. - My clients obtain the most value-for-money financial products possible. - No conflict of interest as there is no incentive for me to sell you high-commission products. - Product comparison across all market channels, not just from the principal company like any other insurance agent. - You can see how satisfied my clients are here. If you fulfill the following 3 criteria, you may be the person I want to work with. 1. Want to improve your financial situation. 2. Want to spend less on your insurance policies, while enjoying the s ame amount of insurance/savings coverage. 3. You’re coachable . If the above 3 points describe you, do visit SaveSmartSingapore.com
  • Asked by Anonymous

    Jim Ng
    Jim Ng
    47 Answers, 114 Upvotes
    Answered on 26 Nov 2018
    It is great that you want to take responsibility for your own finances. That would help you become a more responsible person. Why not progressively start paying for your own bills? Perhaps you can take over the phone bills first this month. Then subsequently lodging next month. Then other bills the following month, so on and so forth. With such a gradual transition, I am sure your parents will be more comfortable that their child has grown up and has matured. Cheers. Wishing you all the best!
  • Asked by Anonymous

    Jim Ng
    Jim Ng
    47 Answers, 114 Upvotes
    Answered on 23 Nov 2018
    Hi, I just bought my HDB flat last month with my spouse and I managed to keep the first $20k (combined total) in both of our accounts. 1. Did you take a HDB loan or a bank loan? This mechanism is only applicable for HDB loans. 2. Also, does your HDB loan cover fully the purchase price of your flat, along with all the other stamp duty and legal fees? 3. Did you notify the HDB officer in writing during the signing of documents?
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