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Stocks Discussion

Investments

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Nov)

Level 9. God of Wisdom
Answered 13h ago
Definitely Singapore Pools!

Stocks Discussion

Daryl Liao. Full Time Investor.
Daryl Liao. Full Time Investor.
Level 6. Master
Answered 1h ago
I Wouldn't diversify too much at the start. Probably 2 stocks at max. One thing that I've Thought about before is the risk is actually much lesser. Imagine if one stock got completely wiped out. It's $5k loss. that's easily replaced by your income. but if your portfolio is 100k and u lose 50% of it, it's a 50% loss and it make take a year or two to recover that.

Stocks Discussion

Online Brokerages

Brokerages

Daryl Liao. Full Time Investor.
Daryl Liao. Full Time Investor.
Level 6. Master
Answered 1h ago
Interactive broker! But make sure you get live prices from elsewhere! IB is abit lag on prices de

Family

Lifestyle

The 80/20 rule pretty much applies to most things, so the absolute number of wealth Singaporeans is far lesser than the middle class and the poor. Singstat should have some data if you really need exact numbers.

SG Budget Babe

Wedding

Lifestyle

Hi anon, I'm a guy, but I'm not sure you should. It's not easy to get a proper fit on a bridal dress, and I would think that if you have to make alterations after you get the gown shipped over, this will massively delay the process as either you have to find a seamtress, or ship it back. Better to save a little more and get a proper gown from one of the shops here where you may get a wider selection, face to face consultation, unlimited fittings, but most importantly, proper measurements and alternations. If you need more details such as a referal package to help save costs, feel free to reply to this post. My own package was reasonably cheap by most standards, I felt. Lastly, I can recommend that you join the closed FB group for SG brides. It's ladies only, but you can post more questions there and all the BTB and graduated Brides will gladly answer you.

MileLion

Credit Card

Bjorn, 90N's strength is 8mpd on hotel and 4mpd on flights, but the restriction is the deadline (Feb 2020) to earn this bonus, plus the OTA booking portal is dedicated. And the flights bookings you perform on Expedia are restricted to certain "participating airlines" outlined below: - Air Macau - Air Mauritius - Air Niugini - Cambodia Angkor Air - China Eastern Airlines - China Southern Airlines - Finnair - Garuda Indonesia - Hawaiian Air - Korean Air - Lao Airlines - Myanmar International Airways - Qatar Airways - Saudi Arabian Airlines - Shenzhen Airlines - Sichuan Airlines - Thai Airways - Turkish Airlines - Xiamen Airlines Next, 4 mpd on airline bookings (not exciting for me): - AirAsia - DFS Singapore - Jetstar Asia - SilkAir - Singapore Airlines - Scoot - Netflix - Spotify - The Shilla Duty Free at Changi Airport The last perk is 4mpd on foreign currency spend. You don't need to be overseas to earn this. As long as the transaction posts in foreign currency, you will get the bonus. Note that once these perks expire, the card becomes pretty run of the mill, very comaprable to Citi PM and DBS-Altitude. The only edge is 2.1 mpd on overseas spend, 1K conversion blocks and no fees to tranfer the Travel$ to FFPs. All that for the trade off of no lounge benefits. I'd keep the card and the stash of Travel$ to top off any accounts I need for redemption (e.g. I need 94K for a business redemption. I'd transfer 90K from Citi and 4K from OCBC) The annual fee is pretty much in line with all other cards, and as expected, they offer 10K miles for that.

MileLion

Miles

Citi Rewards Credit Card

SG Budget Babe

Lifestyle

KrisFlyer

Hi anon, You will want to check the expiry date of your Citi rewards points as there is a 5 year period from when you earn them, but it is not a rolling period, i.e. they expire every 5 years from the date of card approval plus a grace period of 3 months. Say your card was approved on 1st Jan 2015, then every point you have earned so far expires on 31st Mar 2020. Visit Citi internet banking to check your points expiry date under "Rewards and Offers" - "My points summary". Now that you understand the validity of your Citi points, the next is to understand the validity of KF miles. They have a 3 year expiry period once credited into the program. Effectively, you have 8 years to accumulate miles and burn them. I have no idea how long you have used your Citi rewards for, but if you use it effectively, 8 years can really net you a lot of miles, even if you are not a big spender. Combine the 4 miles per dollar (mpd) earn rate of Citi rewards with the Citi PM for other general spend, and you can earn quite a fair bit of Citi miles and Citi reward points. To recap: Citi miles/Citi rewards are bank currency KF Miles are Krisflyer currency. They can be obtained by transferring Citi Miles or Citi Reward points to KF. Next thing would be the redeemption. You'll want to redeem for business at a minimum as it is not worth it for economy. One way is to consider either a one way business redemption or a spontaneous escape discount. Tokyo in return business is about 94K miles, or a spend of around $10K/yr on a general spend card. Even if there is no availability, you can consider Star Alliance partner awards. Generally quite doable, and there are promos that will boost your earnings faster.

SG Budget Babe

Savings

DBS Multiplier

Bank Account

DBS

Hi anon, That would depend on a number of factors, one of which would be your total transaction amount with DBS. The DBS multiplier has a few criteria you can use to hit the bonus criteria, but the minimum is to fulfill two, one of which must be salary crediting. The other criteria are: - Credit card spend (doable) - Home loan installment (only if you have a mortgage) - Insurance/Investment (I would not recommend this) So at the very least you would be looking at using one of DBS's credit card. The interest is broken into two tiers of less than $50K and more than $50K. So you're capping out at $100K I personally use OCBC 360. My credit card is with Citi, and I can increase the balance of my bank account every month to enjoy the step up interest (it's actually acting as my warchest). The interest is broken into two tiers of first $35K and next $35K. That's good enough for me. So just by the simple act of crediting and saving money, I get bonus interest on two categories. Without any pressure to spend at all. So that works out for me.

Promo Codes

giga!

J
JJ
Level 2. Rookie
Answered 6h ago
Promo Code zXQzui

Stocks Discussion

Investments

SG Budget Babe

Family

Bjorn Ng
Bjorn Ng
Level 8. Wizard
Answered 4d ago
Everyone has different priorities in different stage in life, and that's totally understandable. For me, as simple as it might sound, we always have a choice in what we want to do. It's all about "allocating" the priorities. To answer your question, I choose to read updates from my investing community rather than general market news (for eg). It's about choosing which "makes more sense" to you. It's never easy, and sacrifices have to be made sometimes, but at the end of the day, we all made the best choice we see fit at any point in time :)
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