Yeap Ming Feng - Seedly
 
Yeap Ming Feng

Hated formal wear at Bloomberg. Traded professionally for 15 hours/day for a year. Now writes random rants on blog.seedly.sg

Yeap Ming Feng

Head of Content & SEO at Seedly

About

Hated formal wear at Bloomberg. Traded professionally for 15 hours/day for a year. Now writes random rants on blog.seedly.sg

Credentials

Head of Content & SEO at Seedly

Yeap Ming Feng

Head of Content & SEO at Seedly

  • Answers (51)
  • Questions (1)
  • Reviews (9)

Lifestyle

If I can summarise the year 2018 in two words. !
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Stocks Discussion

Investments

Savings

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Answered on 05 Nov 2019
Is it possible to make 20%-30% off the stock market and still have time to make youtube videos and share his secret with everyone through his course? I'm not sure. The youtuber might be so good at his investment strategy. But with such portfolio, I'm sure there's a lot of position up for grab, with high salary. More stable income I guess?

Investments

Property

Retirement

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Answered on 05 Nov 2019
Well. Kudos to their team members for jumping onto this question with their "5 stars" rating with little context, here are some resources to help you make smarter personal finance decision. I am assuming you are really keen to know here. https://seedly.sg/questions/anyone-here-attended-investmentquadrant-com-any-reviews-seems-very-promising-and-valued-for-money-but-has-no-insights-so-far https://blog.seedly.sg/own-x-properties-in-2-years-with-no-money-down-is-it-a-scam/ Read up more! Arm yourself with more informed decision. If there is a 5-star rating, find out why. If there is a negative rating, find out about it too. Weigh the pros and cons.

Savings

Investments

DBS Multiplier

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Answered on 05 Nov 2019
At 25 years old with $90K savings, you must be one lucky guy! Good job on having accumulate such a good amount of savings! Before diving straight in onto any investment products, it is important to get a few things in place. 1) Get yourself proper insurance coverage. (Never tell your insurance agent about your $90K savings though, to prevent any possible conflict of interest). Get enough coverage, do not spend too much on it. 2) Liquidity. Set aside a good amount of rainy day funds which you can have access to immediately. A good amount will be your expenses for a few months. 3) Now now. The remaining amount will be what you can invest. Before investing, 1) Recognise the type of investor you are. If you are the type that having trouble sleeping after buying a certain stocks, you might want to consider a more stable investment product. Something that gives a more stable or even guaranteed returns. Eg. SSB, Short Term endowment plans. 2) At such a young age, you are in a good position to take up slight more risk. That is where stocks, ETFs, Robo come into play. It is, however, advised that you spend sometime reading up all these products. Understand where your money is going. Good luck on your investing journey! Am going to shamelessly share an Ultimate Guide to investing from Seedly for you to kick start this journey: https://blog.seedly.sg/ultimate-personal-finance-guide-to-investing-singapore Bookmark the article, share it with your friends. Tattoo the important information somewhere.

Savings

POSB

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Answered on 24 Oct 2019
Hey, In my honest opinion, there is no free lunch in this world. Whatever you just received seems like a common sales tactic one of our Community members experienced. 1. Find a way to get you down to their office 2. Pitch you a product when you are there. I covered incident as such in this article: https://blog.seedly.sg/sales-tactics-bank-representatives-how-to-prevent Not saying that the products are not good. But it is good to understand some of the sales tactics should you be willing to listen to what they have to say.

Investments

Career

CPF

Savings

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Answered on 06 Sep 2019
From my experience, it is perfectly ok. Most people bump up their current draw during job interviews. It is a very common practice and the company that accepted her would have taken that into account.

Electricity Market

SeedlyTV EP08

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Updated on 09 Jul 2019
Hey! Seedly did a comparison on this as of 1st November, and will constantly update it. You may want to check it out: https://blog.seedly.sg/electricity-retailer-comparison-cheapest-in-singapore/ Other than price, I will lookout for reviews and also any possible customer service experiences on these retail companies.

Healthcare

General

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Answered on 14 Jun 2019
Hi, Thanks for reaching out. The source of information is actually public information from the Ministry of Health where they puiblish the historical transacted medical bill information. The latest report is as of 30 June 2018. Check it out here: https://www.moh.gov.sg/cost-financing/fee-benchmarks-and-bill-amount-information

Property

Investments

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Updated on 07 Jun 2019
! If you have been seeing a lot of such ads around which got you interested, there might be a few things you wish to take note of. A good article to shed some light on this heavily advertised property investing scheme can be found here: https://blog.seedly.sg/own-x-properties-in-2-years-with-no-money-down-is-it-a-scam/ I will just do a quick summary on this: - Technically, it is not a scam or anything. It is just an area where there are lesser rules and regulations with regards to this. Lots of legal grea area and MAS has yet to step in. - You are looking at co-owning commercial properties, as there is no ABSD, and also, it can be rented out for higher yield. However, do note that, you do not technically own them, since you do not have the "keys" to these properties. - There is little idea on what will happen to your investments should the company cease to exist. Unlike REITs that are traded on the exchange, whatever measures they have in place may lack the necessary foundation with regards to "tanking" investors' loss. I am not an expert in this subject matter. Definitely keen to hear different point of views!
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Lifestyle

Yeap Ming Feng
Yeap Ming Feng, Head of Content & SEO at Seedly
Level 6. Master
Updated on 07 Jun 2019
It all started the night of my 25th Birthday. I began to experience vivid dreams involving a giant packet of Nasi Lemak. You heard me right. Giant Nasi Lemak . The dream started with me......
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