Personal Finance Community - Seedly
 

Let's Talk Finance

Ask for opinions and get answers from other Singaporeans.

  • Recent Activity
  • Unanswered
  • Trending

Investments

Frankie Aufhauser
Frankie Aufhauser
Level 7. Grand Master
Answered 3m ago
Yes, but it is a 'sin' stock, the company producing & selling carcinogenic items https://newacademyoffinance.com/philip-morris-5-5-yielder-that-pays-no-dividend-withholding-tax/ ... and it (dividends not acknowledged) underperformed the basic U.S. index SP500 !
Answer image preview

Investments

Robo-Advisors

StashAway

Kristal.AI

It helps you exclude emotion out of the equation. In this economic time, do u know how long covid 19 lasts? Can u take the pressure upon seeing the value of your portfolio drops? Robo advisors provide proven scientific and economical methodology to reduce your loss and increase your potential returns for a long term. So the rationale is put, ignore, believe. Invest passively

AMA Christopher Tan

Singtel

ETF

REITs

Investments

One of the thing u may want to consider is cost when building your portfolio. The cheapest transaction (enter and exit) fee is $10. If u want to diversified, 10 stocks of $1000 will cost u $200. 5 stocks of $2000 each cost u $100. The former eats up 2% while the late eats up 1% U would want to get your portfolio diversified. So pick 2 - 3 stocks and put the rest into robo advisors. And do your research. Why singtel? Is it really a dividend play?

BOC SmartSaver

OCBC 360 Account

OCBC

Savings

Savings Account

There are a lot of other multicurrency savings accounts. Why and how do you scope down to boc smartsaver account? Can you optimise the rewards of the saving accounts? What are some of the factors you cannot live without? If there is no better choice, then boc smartsaver suits your needs

Investment Courses

Investments

SGX Academy

ETF

MT2020
MT2020
Level 6. Master
Answered 1h ago
You can attend courses by sgx as most of them are free and the information they provide are quite useful. Also, if you would like to start investing already, you can start through a regular savings plan or robo advisor.

Investments

Stocks Discussion

ETF

Dividends

You can consider working with a financial advisor that distributes Dimensional Fund Advisors. Mainly capital growth as they use accumulating funds and dividends are automatically reinvested. But they are globally diversified low cost index-like funds. Alternatively you can buy vanguard ETFs yourselves using an international broker.

Investments

Entrepreneurship

MT2020
MT2020
Level 6. Master
Answered 1h ago
You can go to the library and borrow some books on investing. Alternatively, you can visit credible websites and learn from there as well.

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 4h 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.
Load more questions