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Victor Chng

I'm Victor, and I am an equity investor and co-founder of The Fifth Person.

Victor Chng

Co-Founder at Fifth Person Pte Ltd

About

I'm Victor, and I am an equity investor and co-founder of The Fifth Person.

Credentials

Co-Founder at Fifth Person Pte Ltd

Victor Chng

Co-Founder at Fifth Person Pte Ltd

  • Answers (104)
  • Questions (0)
  • Reviews (0)

Investments

AMA The Fifth Person

Which S&P500 etf listed on which market would you recommend to someone in Singapore? Do you prefer a S&P500 ETF or an international stocks ETF?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, I prefer S&P 500 ETF, you may want to consider Vanguard S&P 500 ETF .
šŸ‘ 1

AMA The Fifth Person

Investments

Lifestyle

Family

Savings

How much a year (absolute amount) do you think a family with two kids need, to live and save/invest for retirement?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, I am married without kids so I don;t have a figure on the expense of a family of four. My suggestion is that if possible you may want to consider to save at least $500 a month for future invesment.
šŸ‘ 0

AMA The Fifth Person

Investments

What investment opportunities will Brexit present once it finally goes through?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, If Brexit will to go through, there will be high probability that the FTSE 100 index will tank which will present opportunity to invest in good companies.
šŸ‘ 0

AMA The Fifth Person

Investments

How much of your portfolio is in Overseas counters? For me, mine is about 15% to 20%.?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, I have about 50% of the portfolio in overseas companies.
šŸ‘ 1

AMA The Fifth Person

Investments

Any reviews/safe to buy/tips on POSB/DBS invest saver? ?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, As mentioned, you need passive income for your wedding hence capital protection is the main criteria here. Investing in POSB invest saver, will take your money to invest in stocks and bonds which may be volatile in the near future. Therefore, you may want to consider sticking with the SSB option.
šŸ‘ 1

AMA The Fifth Person

Investments

Which investment plans can turn $1,000 a month into $1,522,077 over a span of 40 years as stated in the article below?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, Based on the figure in the article, it seem like the annual return is about 5%. Investing in stocks can achieve the follwing figure but a more safer way, I would suggest is investing in index ETF. In generally most index should be able to achieve the given percentage except for Japan market index.
šŸ‘ 0

AMA The Fifth Person

Lifestyle

Investments

What's cash upfront brokerage accounts? Which CDP brokerage accounts is recommended since the fees are all around the same? ?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, Normal bokerage account allow you to pay 2-3 days later after a stock purchase while the cash upfront account require you to deposit money in first before any purchase. For cash upfront account, Fundsupermart seem competitive and easy to navigate but the downside is that they only can invest in Singapore, Hong Kong and US only. Personally, I think that normal bokerage got not much difference as their price are all competitive.I think the service level of your broker is important. Personally, I use CIMB and Kim Eng.
šŸ‘ 0

AMA The Fifth Person

Investments

What are your top 5 growth stock picks in US and SG in 2019?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, I do not time where the market is going and try to buy into the sector. My investment style is more of a bottom up approach, focusing on finding great business and buy them when opportunity arises.
šŸ‘ 0

ETF

Investments

AMA The Fifth Person

How do you determine the intrinsic value of an ETF?
Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Updated on 07 Jun 2019
Hi, I uses the Bloomberg app to guage the index valuation using PE ratio. In general, the average PE range for all index ETF is around 15x. If the index is trading below 10x then I deemed it as cheap. Few months ago, the Hang Seng index was trading below PE 10x which i think is cheap so I bought some Hang Seng ETF for my wife.
šŸ‘ 0
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Level 6. Master
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