Personal Finance Community - Seedly
 

Let's Talk Finance

Ask for opinions and get answers from other Singaporeans.

  • Recent Activity
  • Unanswered
  • Trending

Investments

Entrepreneurship

Seedly just published an article from The Fifth Person about the value of capital and the importance to wait. Do have a read, hopefully it can change your thinking? https://blog.seedly.sg/how-to-build-investment-portfolio?utm_source=telegram

Career

Salary

Firstly, what is the industry of your job? 2. If it is consumerism related or tourism, then it is feasible for the company to decrease. Your company is not doing well during the current climate of covid 19. As a employee, you ought to be understanding. Or would you prefer your company to go bankrupt? You have understand that the declaring the pay cut is not pleasing but they no choice but. Or would you prefer to see yourself fired? What u can do is communicate with your company how they come to make the decision? What do you hear from your fellow employee? However, opinions are food for thoughts. The most important things is how you look at your situation and how you act upon to make your situation better.

Lifestyle

Geraldo L.
Geraldo L.
Level 6. Master
Updated 2h ago
For a standard mail (1g to 20g), you need to have stamp(s) equivalent to the value of $0.30. If it's a registered standard mail (1g to 20g), the cost is higher at $2.54.

P2P Lending

Funding Societies

CoAssets

Minterest

Z. Hao
Z. Hao
Level 3. Wonderkid
Answered 1h ago
Your capital would be hardly affected even if the P2P companies default, it is because your uninvested capital will be placed in a trust that cannot be used by the P2P companies themselves. Your investment portfolio however, might take a hit if the SMEs start to default, as they are often at the bottom of the foodchain. It will not take much for the subprime borrowers to fail.

Investment Courses

Investments

The Fifth Person

Kenneth Lou
Kenneth Lou, Co-founder at Seedly
Level 9. God of Wisdom
Updated on 18 Apr 2019
If you are reading this, chances are, you are considering the next step on your investing journey and deciding whether to pay a few hundred dollars to be taught a session on investing. Particular to the above mentioned FifthPerson Dividends Machine course, it costs close to $469 SGD to attend the course and it’s run only once or twice in the year. Full disclosure: We were invited to a FifthPerson class on one Saturday to share our experience. Of which, I will give my full unbiased review here from an attendee POV before breaking down what you should be looking for and what the course is NOT. ! If you are keen to read more crowd-sourced community reviews from Seedly community, you can jump ahead here. TL;DR Summary: YES I would recommend this for the average Singaporean investor (who is starved for time) - It is better to spend this $469 for an intermediate course to learn about investing for someone who is starting with a clean state - There is a comprehensive online series of content which you can consume in your own time over the weekends - Not forgetting that there is a really good offline workshop which you can attend (for as many times as you like when they run the course yearly) - You also get a really comprehensive thick booklet with the course material covered that day - However, this is NOT a course which you’ll get immediate stock tips and a watchlist (for that you’ll have to pay for the Dividends Machine next level which I did not get) ! This course is good for: - People who are complete beginners to investing - You can easily earn that amount back in dividends in 2 to 3 years - If you are looking to do DIY investing (and not the other passive ETFs or index investing etc) ! This course is NOT good for: - People who just want an easy way to get a list of stocks to buy - Someone who is just keen to get positive returns (all the time) - You’ll still need to do effort and work on what they teach you before you make the right decisions for the long game What happens after the course: - Yes, I did something. I sold of my loser stocks (which I realised why it was a bad decision to begin with) - And now have a better plan when it comes to dealing with market crashes and learnt some strategies to deploy capital - I got very interested in AGMs, and thus started attending some of them these few weeks. We wrote about it recently here. Conclusion: Good for beginners to inetermediate Investors So all in all, thanks Dividend Machines! And Fifthperson, you may be keen to check out other community reviews, and understand what others are saying about their program. Victor, Rusmin and Adam are really great guys with a strong passion for investing and they do what they preach. The hallmark of a real educator in my humble opinion.
Answer image preview

General

Investments

Stocks Discussion

Z. Hao
Z. Hao
Level 3. Wonderkid
Answered 1h ago
You should never use P/E alone to identify which stock to invest. P/E (Price / Earning Per Share) indicates whether the stock is expensive or cheap in relative to its earning. Would you invest in an unknown company if a stranger comes and tells you that his company is "cheap"? There is a lot of reason why the PE is low and vice versa. The fundamental of investing is try to understand the business instead, you should never buy a company stock that you do not have confidence in their success in the future.

Entrepreneurship

Career

N
Nathaniel
Level 4. Prodigy
Updated 2h ago
Here's a list of call centre companies: 1. Eureka Call Centre Systems: http://www.eurekaccs.com/p/blog-page.html Their website states their callers are based in Singapore. They actively train and deploy visually-impaired callers in partnership with VWOs, special education schools, and other social welfare organisations, so the callers working for you will likely overwhelmingly be Singaporean. 2. Callbox: https://www.callbox.com.sg/telemarketing-services-singapore/ 3. Inter-Call Marketing: https://intercallmarketing.com.sg/about/ 4. Connect Centre: http://connectcentre.sg/ 5. InCall Systems: https://incallsystems.com/our-services/it-telemarketing-demand-lead-generation/ The websites for numbers 2-5 are based in Singapore, but don't state if their callers are also based here - you'll have to check with them. If you're running a business, you should consider protecting your investment with business insurance. You can get online business insurance quotes at Provide , and you'll save up to 25% on all insurance premiums. Provide specialises in protecting SMEs, with common products including: 1. Business package insurance from only $12/month - covers property, fire, public liability, theft, burglary, product liability, and much more 2. Work injury compensation insurance from $25/worker, per year 3. Shipping insurance 4. Professional liability insurance 5. and many other products

Multi Currency Cards

Credit Card

Miles

KrisFlyer

You can try UOB Visa Signature. 4 mpd for spending 1 to 2k per month. Or BOC Elite World Mastercard... 3mpd

SG Budget Babe

Seedly

Entrepreneurship

MileLion

N
Nathaniel
Level 4. Prodigy
Updated 2h ago
Step 1. Choose a publishing platform A good place to start is always Wordpress. It powers 33% of all websites in the world! Once you've setup your Wordpress site, you can always syndicate your articles on alternative sites like Medium. Step 2. Pick a topic, or topics + perform keyword research You'll find that you have much more to write about if you're discussing your own interests, or a field of knowledge that you have experience in. Write about interesting topics that you think will attract repeat readership. For instance, here are some sample posts from a business-oriented site, covering: 1. How much you need to open a cafe in Singapore? 2. What are the best books to read before you start a business? 3. An essential guide to liability protection for small businesses Step 3. Set weekly accountability goals Many writers will start off with a great spurt of energy, but then get tired of writing or distracted by other responsibilities or interests. Make sure you set weekly article/word count goals, and stick to them. Step 4. Consider monetisation As you grow your readership, consider using your blog to generate a source of income. If you want to monetise your blog, you'll have to be pretty focused with doing what's called keyword research. This is a process where you find keywords that people are typing into search engines, and then picking keywords that you think your blog and articles can rank well for. When you first start a blog, you want to write pieces that will have a good chance of ranking on page 1 of Google (when was the last time you clicked beyond page 1?). Use a tool like SEMRush (USD 99/month - https://www.semrush.com) or LongTailPro (USD 37/month - https://longtailpro.com/) to do this. There's little point writing articles for monetisation if you can't get those articles in front of people's faces. To generate revenue, consider using your blog to do things like: - Product reviews (earn commissions via Amazon Affliates @ https://affiliate-program.amazon.com/) - Selling your own products via drop shipping (see here for a guide: https://www.shopify.com/blog/dropshipping-guide) - Earning affliate marketing commissions with businesses that you select Above all, spill lots of ink, have fun, and grow your writing skills as much as you can.

Credit Card

Geraldo L.
Geraldo L.
Level 6. Master
Updated 2h ago
Activation can be done either Online or via SMS. This Standard Chartered webpage outlines the steps to enable/disable overseas usage for both methods quite clearly: https://www.sc.com/sg/help/activate-card/#overseas-card-usage
Load more questions