QinWei Posted February 18 Report Share Posted February 18 Esp w cpf shielding gone, what will your next move be?? Quote Link to comment Share on other sites More sharing options...
mate69 Posted February 18 Report Share Posted February 18 ETFs QinWei 1 Quote Link to comment Share on other sites More sharing options...
QinWei Posted February 18 Author Report Share Posted February 18 All crying at the Sa closed and cant do cpf shielding anymore…. i dont see what’s the fuss: https://forums.hardwarezone.com.sg/threads/cpf-sa-shielding-hack-rip-obsolete.6132953/page-76#post-151359512 Unionbic 1 Quote Link to comment Share on other sites More sharing options...
singalion Posted February 19 Report Share Posted February 19 Growing money. Isn't it a simple calculation of spending less or investing smartly. For me the question is always: Do I really need a big fortune? Quote Link to comment Share on other sites More sharing options...
Unionbic Posted February 19 Report Share Posted February 19 A variety of dividend stocks, Singapore is actually a great place for income investors to invest with no income tax in dividends and no capital gains tax. Some other markets are not bad like Australia QinWei 1 Quote Link to comment Share on other sites More sharing options...
QinWei Posted February 19 Author Report Share Posted February 19 the whole world is talking about this ........... Quote Link to comment Share on other sites More sharing options...
QinWei Posted February 21 Author Report Share Posted February 21 (edited) who will continue to transfer your OA cash into SA to earn 4%? instead of 2.5%? closure of the CPF Special Account! Are you in favour of it? Edited February 22 by QinWei Quote Link to comment Share on other sites More sharing options...
QinWei Posted February 22 Author Report Share Posted February 22 Anyone vested in this Reit?? Sasseur Quote Link to comment Share on other sites More sharing options...
Unionbic Posted February 22 Report Share Posted February 22 Nope but the performance was pretty decent to everyone surprise lol, as a rule of thumb I try to avoid foreign reits cause of the potential pitfalls. Like Ec reit for example that really went downhill. 51 minutes ago, QinWei said: Anyone vested in this Reit?? Sasseur QinWei 1 Quote Link to comment Share on other sites More sharing options...
Singroc Posted February 23 Report Share Posted February 23 16 hours ago, QinWei said: Anyone vested in this Reit?? Sasseur Yes I do invest in Reits but not Sasseur. Quote Link to comment Share on other sites More sharing options...
funky beaver Posted February 23 Report Share Posted February 23 On 2/19/2024 at 1:09 PM, singalion said: Growing money. Isn't it a simple calculation of spending less or investing smartly. For me the question is always: Do I really need a big fortune? Well, one might not need big fortune, but it will be favourable to save for rainy days. Especially gays that don't intent to continue their bloodline. QinWei 1 Quote Link to comment Share on other sites More sharing options...
QinWei Posted March 8 Author Report Share Posted March 8 Reits Quote Link to comment Share on other sites More sharing options...
QinWei Posted March 9 Author Report Share Posted March 9 somehow u have to get it started: Quote Link to comment Share on other sites More sharing options...
Unionbic Posted March 11 Report Share Posted March 11 One other way to approach investing for younger investors be to allocate a portion of ones portfolio say 20% to growth companies, then buy the etf like say qqq or if one was more geared towards stock picking be the companies whose products they use the most. So be it Apple, Nvda, Google etc This was my strategy few years back, but market in this sectors is abit crazy now so I'll only go back in when things settle down. I believe the US market is abit of the bubbly end of things. Remainder of the pf best if vested in blue chip firms, can be income or just ones that focus more on value. sg indian here and QinWei 1 1 Quote Link to comment Share on other sites More sharing options...
Guest Oldagefolk Posted March 11 Report Share Posted March 11 On 2/18/2024 at 9:47 PM, QinWei said: Esp w cpf shielding gone, what will your next move be?? If your ra is sufficient.. just withdraw excess and spend... This is govt message.. no point saving.. how long you can live??? Anytime you can die... Life is just too short to save... Quote Link to comment Share on other sites More sharing options...
QinWei Posted March 12 Author Report Share Posted March 12 (edited) anyway rates dropped fr 4.08%: Interest rates for CPF Special, MediSave and Retirement accounts dip to 4.05% for Q2 2024 The Ordinary Account interest rate will remain at 2.5 per cent for the same period. Interest rate from 1 April 2024 to 30 June 2024: 4.05% per annum Reviewed quarterly, this rate is computed based on the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%2 (subject to the current floor interest rate of 4% per https://www.channelnewsasia.com/sin...WuTdydqXt8PieeV7EPtYabbcXuki26SoBVDTNDQYfRHnM if u r investing using SA account especially! Betting on the banks? Edited March 12 by QinWei Quote Link to comment Share on other sites More sharing options...
janamacon Posted March 12 Report Share Posted March 12 (edited) Growing money is definitely about spending smart and investing wisely, but it's also about finding a balance between financial security and enjoying life. Sure, having a big fortune sounds appealing, but for many of us, it's about having enough to live comfortably and pursue our passions without constantly worrying about finances. Speaking of smart investments, have you ever tried out game apps to earn money? It's a fun way to potentially boost your income while doing something enjoyable. I've dabbled in a few myself, and while it's not a get-rich-quick scheme by any means, it's a neat way to make a little extra cash on the side. Plus, it beats mindlessly scrolling through social media! Edited March 14 by janamacon QinWei 1 Quote Link to comment Share on other sites More sharing options...
QinWei Posted March 14 Author Report Share Posted March 14 (edited) if u have invested in them since their listing: excld all dilutive rights (based on 10yr rec) Edited March 14 by QinWei Quote Link to comment Share on other sites More sharing options...
Recommended Posts