Vincent Tan Wen Bin - Seedly
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Vincent Tan Wen Bin

I help clients to construct investment portfolio that save them more money and earn them more money.

Vincent Tan Wen Bin

Assistant Vice President at Thinkers Alliance

About

I help clients to construct investment portfolio that save them more money and earn them more money.

Credentials

Assistant Vice President at Thinkers Alliance

Vincent Tan Wen Bin

Assistant Vice President at Thinkers Alliance

  • Answers (108)
  • Questions (1)
  • Reviews (0)

Insurance

Healthcare

Health Insurance

Prudential PRUshield Health Insurance

NTUC Income IncomeShield Health Insurance

Between the Prudential PRUshield and the NTUC Income Shield, which is better?
As of now, Integrated shield is largely regulated and I would say that all the plans are pretty competitive. However, one key thing to take note is on "claim penalty" by Prudential policy. I understand that they have a tiering system that rewards people who does not claim. The other side of the coin is people who claim on the policy will be "penalize". Do find out more on their website or have a prudential agent explain to you. From what I see, NTUC on the other hand have a more straight forward policy.
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Lifestyle

Mobile Plans

StarHub

giga!

How is the network/service of the mobile provider Giga?
I just signed up Giga for my 2nd line. Yet to test it. However, I made the decision with faith as they share net work with StarHub. WIth the plan going at $25 per month, 1000 sms, 1000 mins and 25 GB, this is really competitive. Since there is no contract, worse case scenario if you are not satisfied with the service, just switch into another provider.
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Stocks Discussion

Investments

Blue Chips

OCBC

What should I invest in if I intend to invest using OCBC BCIP?
If you are not sure what to invest in, why not try the OCBC BCIP STI ETF. They have a STI ETF index in there and you could invest in the ETF to get started and be diversified at the same time.
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Property

General

With the effects of 19-nCoV and alrdy slowing economy, will the prices of houses decrease?
Currently I don't see prices of the property moving down that fast. Looking at the STI Index, movement of the market has not been drastic either. However, things might be different if this situation prolongs.
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Travel

Travel Insurance

FWD Travel Insurance

Should I get a higher tiered travel insurance plan due to Wuhan Virus?
With the recent case of Wuhan virus, insurers have excluded coverage for this virus. So most likely, it wouldn't make any difference. What you should look at will be the as per norm coverage and get something that is sufficient for you
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Investments

ETF

DBS

Should I be worried about the DBS ETF devaluing?
If you are referring to the STI ETF, what you are buying into is the investment into companies in Singapore. With the recent opening of the market, and the Wuhan scare. Market is jittery and in fact China market dropped by approx 10%. Your RSP into the ETF should also have a cost involved. So what happened is that $92 is not only due to market movement only. The cost is also another factor that you should take into accord. And if you are doing RSP of monthly investing and investing into a ETF which is already diversified, relax and have a longer term outlook. 2 weeks is too short of a tenor to look into anything.
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Insurance

Investments

Investment Linked Policies (ILP)

DBS

How does the DBS Manulife Smartwealth policy work? What are the Pros and Cons to this ILP?
The objective of the policy is to invest client's fund and give them a minimal protection of 101% of capital in situation of claims (death etc) . The funds in the policy include asset classes in equities and bonds. It depends on what are your parents' objectives are. Are they looking for dividends or capital appreciation? Or are they even open to investing in the first place? So a few key pointers would be - This is an investment policy - Are your parents comfortable with investments - early termination will lead to heavy penalty. Are they comfortable with the budget and also the tenor of the instrument.
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MileLion

Miles

Travel

Lifestyle

Shopping

Are you guys changing your travel plans given the Wuhan Coronavirus situation now? Any hacks or tips to be aware of?
Travel insurance is a must. But do take note that due to this WuHan situation, travel insurance might not cover this disease. If you have to travel and have already purchase your tickets, just do your due diligence and travel to countries that are least affected and also take note on personal hygience. Masks and sanitiser etc.
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Miles

MileLion

Travel

KrisFlyer

I fly occasionally for work trips and accumulated around 30k in my miles, considering i am more of a cashback person is redeeming them for krispay the best option? or offset against future flights?
Just did an analysis on my instagram. This is my finding. If you are using a cash back card with 1.5% rebate unlimited. Even if you rack up $150,000 worth of spending over 5 years, you will have $2,250 in terms of rebate. If you are using a mile card (assuming $1 spending to 1.4 miles) you will be able to get about 210,000 miles. Going to a trip in Europe (London) through Business Class (saver) will require 180,000 miles. Going to a trip in Europe (London) through Business Class (saver) will set you aside $7,206 for the tickets if you want to purchase using cash. Using a cash back card will save you $2,250. Using the miles card will help you to get $7,206 worth of value (Biz class tickets) My advice is to go long term with this. Continue to spend and accumulate miles. Go into the mile game and you will get more value for money.
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MileLion

Miles

How much is 10000 krisflyer miles worth?
Just wrote a post on my instagram. A trip to london in business class cost about $7,206 It requires 180,000 miles saver to redeem a to and fro business class flight. 7206/180,000 = $0.043 Per mile is valued at $0.043 in this scenario. Usually the value per mile is maximized if you are booking business class flights and above. Value per mile drop drastically if you are using it to purchase economy or premium economy tickets. Hope this helps.
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