Imagine you say this to your prospective employer during interview... I have little to no skills, I plan to start learning with as little as possible but wondering whether this is the right move.

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The nric part is the statement item desc not the item code. The item code should still say giro salary and can qualify for the ocbc one. Not sure about dbs but should be similar.

Not just insider trading... If the information is still not known, e.g. a really big contract (not publicly announced yet) that will definitely cause the share price to decrease/increase, that friend will also be breaching his own company's secrecy policies. If for whatever reason the "news" leaks out and somebody buys $50M or subtantially causing the price to increase/decrease by a big %, and somehow ring alarm bells with vested parties (e.g. another potential contract awardee) you may even be sued for spreading confidential information, or if the person is a government official, charge for breach of Official Secrets Act. Dont be greedy lah... Integrity... That friend may lose his job too, you dont want to be guilty to cause it.

Assuming all the admin others have mentioned isnt an issue... 1. Assess risk of friend taking money and run. For me, max 10k cash. 2. If wanna create partnership, need to be minimum 100k each to be cost efficient. Yearly $75 and filing to acra. Yearly filing to iras cos taxable dividends. Accounting.

My grandmother who supposedly borrowed 10 cents from the shopkeeper to make a phone call on the shopkeeper's public phone. She is very rich but it is because of her saving habits and good investment decisions. It's a living mantra for me that every cent counts and to make every investment count.

I had 100% equities too when i was 25. that was because i didnt deem cash and cpf as part of portfolio lol... it motivated me more to save more and think of it as 100%... follow what rocks your boat. at 35 yo, i included cpf in the portfolio then equities to cpf ratio became 1:1

No. One man's food is another man's poison.

Wrong. The bisiness prospects matter at all times, regardless of the price and yield. The yield matters when you calculate the price to buy or sell. E.g. sph price is heading downhill, still pays dividends, but can buy if price is right.