Junus Eu - Seedly
 
Junus Eu

Joined Seedly in Mar 2019, but 10 years into my personal finance journey.

Junus Eu

Top Contributor

About

Joined Seedly in Mar 2019, but 10 years into my personal finance journey.

Credentials

Junus Eu's credentials are not filled up yet.

Junus Eu

Top Contributor
  • Answers (702)
  • Questions (2)
  • Reviews (4)

Investments

OCBC 360

Savings

Stocks Discussion

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
First of all, kudos to having 45k of savings at a young age. Time to start: as early as possible Does investing mean your money will be locked up? It really depends on what kind of assets you invest in. If property, yes, it means your money will be locked up until the time you sell it. If it's equities, if you sell above your principal amount, you can cash out once you sell it provided there is enough liquidity (usually not an issue unless you buy a counter with low trading volumes). I don't have much yet to begin with: S$45k = not much to begin with? It's more than enough. I would put it in the equity markets, since 45k is not enough for downpayment for property, and you would likely not spend it all in one asset class.

Savings

Investments

Bank Account

Stocks Discussion

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
First of all, good going for 60k of savings at 24! I would put it in the equity markets, since 60k is not enough for downpayment for property, and you would likely not spend it all in one asset class.

Stocks Discussion

FSM INVEST EXPO 2020

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
As many as you feel you can track. You should also weigh it according to your conviction on the stock. If you start getting too many positions, you might as well buy into an index.

Stocks Discussion

STI ETF

ETF

Investments

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
Ah the million dollar question. As the big disclaimer in the Stocks Discussion section goes, always do your own DD before investing. Each investor has their own strategy, and this includes asset classes, time horizons. And if you delve slightly deeper, you would then be analyzing the various investment ratios. Bear in mind, such ratios also vary by industry.

Stocks Discussion

Investments

Credit Card

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Updated 4d ago
Not a good idea, since Youtrip is primarily used for overseas transactions (and not to buy foreign currencies to fund US stocks accounts. Use my code JUNUS for $5 in your Youtrip account!

Stocks Discussion

FSM INVEST EXPO 2020

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
Interesting question - it could basically shift to property, and either revamp the news and media segment, or shut it down.

Investments

Seedly PFF 2019

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
I would compare investment platforms based on cost and ease of use. SAXO offers competitive rates, and also a good user experience.

Stocks Discussion

Investment Courses

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
I agree that the best investors I have seen rarely, if ever' spend a bulk of their time marketing a course of how to earn money. That said, this is what I recommend: 1. Suss out good investors (they might not be marketing a course to you) 2. Read what they read 3. Understand their investment strategy and approach 4. Test your own understanding 5. Learn to read annual reports and financial statements well 6. Keep yourself updated on the news affecting the company. This includes latest market reports

Stocks Discussion

DBS

Investments

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
Assuming that you already have your emergency funds in place, as well as adequate insurance coverage, it's a good thing that you are looking at equity investments. Ask yourself: 1. What is your conviction on this stock? 2. What kind of returns do you think you can get with this stock, and in what timeframe? 3. What are the revenue growth drivers for the business? 4. What are the cost drivers? 5. Is there margin expansion? What is the driver for this and how sustainable is it? 6. What are recent news that might be affecting the market pricing? 7. How consistent is the company's results with its revenue guidance for the last 4 quarters? 8. What are your thoughts on the management team - do you feel that they can execute on the plan they put out? While I understand you might not be comfortable with stocks listed on overseas exchanges for now, do consider those listed on NASDAQ/NYSE etc.

Stocks Discussion

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered 4d ago
It depends on how 'faster' is defined, do you mean you have a shorter investment horizon? That said, on both counts, likely Forex, but with the caveat that you are disciplined when executing on trades.
Load more questions
Level 9. God of Wisdom
4468PointsGoal 6000
1532 POINTS TO LEVEL UP
Browse Rewards
Top Contributor
Top Contributor
MAR · APR · MAY · JUN · JUL · AUG · SEP · OCT · NOV · DEC