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Yixiong Chang

Not an insurance agent, but have strong knowledge in insurance and financial planning Also specialize in medical..

Yixiong Chang

About

Not an insurance agent, but have strong knowledge in insurance and financial planning Also specialize in medical..

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Yixiong Chang

  • Answers (241)
  • Questions (1)
  • Reviews (0)

KrisFlyer

AMEX KrisFlyer Ascend Card

AMEX Singapore Airlines KrisFlyer Credit Card

Credit Cards

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Answered on 22 Feb 2020
Amex takes pride in being different from visa and mc. =D Their security code is 4digits vs 3digits. Their cc numbers are 15digits vs 16digits.
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Investments

Stocks Discussion

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Updated on 17 Feb 2020
From the wording of your question, +0.2 is the weakest relationship. The sign just means the direction, we just look at the coefficient(just the number). It represents the 'strength' of the correlation. =D
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VIVIFI

Mobile Plans

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Answered on 16 Feb 2020
They are on Singtel's network.
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Property

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Answered on 05 Feb 2020
No one will know if it is a good investment until it is realised. There will only be pros and cons, risk vs reward. For property, u are really getting a big leverage, as your exposure is to $1.2million with only $200k+ cash. (Assuming your rentals can cover your mortgage, tax etc.) But leverage works both ways, if the property market tanks, your paper loss could be big as well. So u have to work your numbers to make sure u can sustain the mortgage paper if things don't turn out well. Along with other issues u have to deal with property like tenants, property repair, etc. Financial markets are much easier, as u mentioned, u can easily sell for cash. Disposing a property will take significant longer time, especially if market is not favourable. But u do not enjoy the much bigger leverage u can get by buying a property. So the trade offs are there for u to decide. Everyone will have their own view of the market, eg. I buy physical silver. So it depends what u believe in and what u are comfortable with. Most markets are fairly efficient, u will be trading some pros and cons in one or another.
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Investments

Payments

Cryptocurrency

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Answered on 31 Jan 2020
Use a hardware wallet, it is the safest. Like one from Ledger. If u are just playing around with small amount of money, just go with any major wallet providers will do.
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Stocks Discussion

Investments

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Answered on 31 Jan 2020
Alot counters listed on the US exchange pays monthly dividends. Royalty trust, MLP, REITS, etc mostly pays monthly. Alot of the oil/pipeline trusts have fairly high yield. =D
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Investments

Stocks Discussion

Trading

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Answered on 29 Jan 2020
To use the correct technical terms, I assume u are saying if u long a call, and long a put at the same strike price . To say buy at same price point, it could be misunderstood as the premium paid for the call and the put. The maximum lost will be for the total premium u have paid for the 2 option. The maximum lost happens when the settlement price of the underlying stock is at the strike price of your options, where both of your options will expire worthless. This strategy of long both a call and put at the same strike price is called a Straddle.
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Insurance

Critical Illness (CI)

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Updated on 25 Jan 2020
The 'wuhan' virus is not a critical illness. This virus itself is not listed as among critical illness. Typically critical illness relates to the the resulting illness (what it cause to your body) than what it is caused by. Certain bacteria and virus can cause cancer, but getting the virus/bacteria itself doesnt mean u meet the requirement for CI. For example, HPV can cause cervical cancer among several other cancers, but having HPV itself doesn't make it a critical illness. The virus can potentially result in complications that would be considered critical illness. For example it can hypothetically, cause lungs to fail (CI) due to pnuemonia. The virus can overwhelm your body immune system and cause septic shock. Sceptic shock can cause the heart to weaken resulting in severe low blood pressure, which in turn can cause kidneys to fail (CI). It can also result in seizures resulting in stroke (CI), coma (CI). Heart attack (CI) can also easily happen if the person is already at risk. On a side note, that's why taking common flu seriously is also important (for the elderly). It is important to get the elderly take flu vaccines. Studies shown flu vaccines can significantly reduces the risk of heart attack and stroke. It is usually not the flu virus that kills, but complications that happens due to shock/weaken immune system.
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Cryptocurrency

TenX

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Answered on 24 Jan 2020
Depends which crypto u are talking about. But in general, it is purely speculative. Like during the tech boom bubble, it is speculative on the project's potential 'future' prospects. Yes, it is a bubble, but as long there is a greater fool to take the next price. Say bitcoin, its 'intrinsic' value is essentially zero. If u need a 'floor' value, it will be the cost of generating the next bitcoin. That will depend mostly on the cost of electricity, and other cost.
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Investments

Stocks Discussion

Yixiong Chang
Yixiong Chang
Level 7. Grand Master
Updated on 21 Jan 2020
It is a UPFRONT tax, paid directly at source. It is usually levied on foreigners. They scared foreigners will run away, so they 'withhold' the tax upfront. The withheld tax rate is typically the highest tax rate. The foreigner will need to declare his tax status to the government, and will receive refund (thus the term, 'withholding') of the tax money held earlier according to his tax treatment. For example, if u were paid $1 in dividend by the company u invested in. If there is a 30% withholding tax, only 70cents will be paid directly to u. 30cents will be paid to the government. To get back any of the 30cents, u will need to file a claim with the government. Depending on the tax treatment between our 2 countries, u can claim for reduced or exemption of withholding tax.
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