Lim Chun Long Jimmy - Seedly
Seedly logo
Seedly logo
 
Lim Chun Long Jimmy

3-time AutoWealth quiz winner

Lim Chun Long Jimmy

Co-founder at PolicyWoke (We buy insurance policies)

About

3-time AutoWealth quiz winner

Credentials

Co-founder at PolicyWoke (We buy insurance policies)

Lim Chun Long Jimmy

Co-founder at PolicyWoke (We buy insurance policies)

  • Answers (115)
  • Questions (5)
  • Reviews (23)

Investments

Unit Trust

Savings Accounts

Hi, if you're either one of the following: - Accredited investor - Family office - Fund Manager - Financial Advisor You may look into traded insurance policies. Look for those with projected IRR at least 4% per annum. Ensure that you understand the risks involved before buying such instrument. Disclaimer: I represent PolicyWoke, which is a traded insurance policies broker.
👍 0

Investments

P2P Lending

Unit Trust

Hi, Seems that you're looking for alternative investments. I know of someone named Sam who owns an art gallery business (started in Australia and then expanded here in Singapore), where investors can invest and rent out investment-grade art works, for rental income and potential capital appreciation. You may contact Sam via the following for enquiries: Website: https://www.artworks.com.sg/ Contact number: 6557 2250 Email address: [email protected] Quote my name "Jimmy Lim" as referral when you managed to contact Sam.
👍 0

Investments

You may try using iGM Mobile App by iFAST to see if the interface/usage is to your liking. If I remember correctly, this is one of the few brokers where you can browse through the menu without having to login an account.
👍 0

Investments

Insurance

Savings

Endowment Policies

Personal Finance 101

Endowment policy is designed to be serviced and held long-term to maturity, in order to get the projected returns upon maturity. Giving up the policy early will lead to high termination charges deducted from the gross surrender value. If one had to give up the policy early due to financial constraints, then he/she will either surrender it to the insurer, or sell it to a traded insurance policies broker for a slighter higher cashback than net surrender value to reduce the loss.
👍 0

Investments

Endowment Policies

Insurance

If you are one or more of the following: - accredited investor - family office - hedge fund manager Then you may look into traded endowment policies for a shorter term to maturity and projected higher IRR than new ones. Look for those with projected IRR at least 4% p.a. . Ensure that you understand the risks before deciding your course of action. Disclaimer: I represent PolicyWoke, which is a traded insurance policies broker.
👍 0

Savings

Investments

Lifestyle

Savings Accounts

Credit Cards

Assuming you do not want to build your own diversified investment portfolio, there are many ways you can start investing, including but not limited to: - Robo-advisors and digital advisors (click here for article, here for reviews) for pre-built diversified investment portfolios. - Advisor-assisted brokerage such as iFast Global Markets, where you have an advisor tagged to you to advice you on building a customised investment portfolio based on your risk profile.
👍 0

Property

Rent

Probably no one has had a 2-room HDB for at least 5 years, and wants to rent out.
👍 0

Investments

Property

Entrepreneurship

The only way I can think of to invest in overseas properties is via a property agent.
👍 0

Insurance

Whole Life Insurance

Investments

If you're looking to buy a whole life policy for returns that is projected to be slightly higher than government bonds, one option is to buy traded whole life policies from a traded insurance policies broker. Look for those that can earn projected IRR of at least 4% per annum. Please make sure that you understand the risks involved before buying such instruments. Disclaimer: I work for PolicyWoke, which is a traded insurance policies broker.
👍 0

Savings

Investments

Online Brokerages

Brokerages

If you're looking to open a brokerage account and you need advice on what securities to start with, one way to do both is to open an advisor-assisted brokerage account with iFast Global Markets. With this account, you will be assigned an investment advisor who is licensed to advice you on what equities to invest in. In addition, you can monitor the amount of shares and face value of equities you invested.
👍 0
Load more questions
Level 6. Master
629PointsGoal 750
121 POINTS TO LEVEL UP
Browse Rewards