Author: Seedly

Investment Blogger Miss Niao Shares Her Portfolio And Money Advice For Young Working Adults

The Best Time To Grow A Tree Was Twenty Years Ago. The Second Best Time Is Now. Despite being a young 27 years old, Miss Niao addresses interesting issues such as “How it feels like to date someone frugal” and “Tips for young investors”. There is no good time to start your investment journey other than now! What Percentage Of Your Monthly Income Do You Invest? It depends. I do not invest every month but accumulate the savings over a few months before buying a stock usually. As of now, as I am quite aggressively investing about 50% to...

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Working Adult: Diversify Your Portfolio Overseas For Better Investment Outcome

We did an article on how come of Singapore’s top financial bloggers invest their first S$10K. While the pieces of advice work for a S$10K portfolio, readers highlighted the lack of diversification. The Straits Times Index (STI) Exchange-Traded Funds(ETF) allows investors to invest in a variety of Singapore blue chip stocks, but it is still rather dependant on the health of Singapore’s economy. Key Takeaways – 4 Ways To Diversify Your Portfolio Overseas: Invest in foreign companies listed on SGX. Invest in local companies with overseas exposure Invest in foreign companies listed on other exchanges Invest in funds/bonds or ETFs...

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Best Tools To Get Cashback In Singapore – Cards, Online, Offline

A rising phenomenon – Cashback The history of Cashback originated from the idea of loyalty and encouraging customers to make repeat purchases. As savvy customers, let us find the best ways to save money in our everyday lives 🙂 Today, we compare the best cards, online and offline methods to get the most cash back on your purchases. At the end, we discuss a simple strategy on how to get the best deals by stacking up the various methods!  Bonus: Our community has also informed us that ShopBack has a huge special called 9.9 today and tomorrow with legit discounts...

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Singapore Travel Influencers Share Their Tips And Hacks On Travelling

It’s nearing the end of the year again! Being Singaporeans, we were born to travel abroad, especially when the little red dot is simply too small to explore.  We decided to ask some avid travel bloggers to share with us their experiences and tips to get exposed to more cultures and cities overseas! Elijah & Joysalyn They are from the A Girl and a Bald Traveller, and they come with a mission to attempt to travel the world without breaking the bank or quitting their jobs. How often do you travel annually? We travel at least 4 times a...

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How Long Does It Take To Double Your Money In Singapore?

The power of compound interest This illustrates that at a higher interest % rate per year, you would require fewer years to double your money. In Singapore particularly, there are unique products like the CPF which also helps to support each individuals endeavour to grow his or her money. The beautiful rule of 72 You can see in the chart illustrated above, where the green numbers represent the number of years, and the red interest % represents the rate of return needed to double your initial capital. It is compressed into this simple formula you can see here: An...

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Fresh Graduate: JKYL Investment Blog Shares His Best Financial Advice And Investment Portfolio For Investors With Low-Risk Appetite

Kicking Off Your Investment Journey Most of us have a misconception that kicking start our investing journey requires huge capital, and having a portfolio that consists of a crazy number of stocks and investment instruments. Due to this misconception, lots of young working adults avoid having an early start, missing out on a lot of good years. JYKL Investment Blog‘s portfolio and financial advice in our opinion is a really good example of how most fresh graduates should view investing. It is not necessarily always about having the best stocks with out of the world returns. Having your money...

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5 Pieces Of Advice I Would Give My 21-Year Old Self About Money and Investing

This article was written by Soh Thiam Hing, an avid contributor in the Seedly Personal Finance Community Group Being a young 21-year old 12 years back, I first dabbled in investing in order to satisfy my curiosity at that time, which eventually turned out to be quite an important decision in “adulting”. After all, not many people invest now, by virtue of 3 out of 20 Singaporeans having a CDP account (even lesser for “active” accounts!), and there were definitely lesser CDP accounts back in 2005 when I first opened mine. Along my investment journey, I enjoyed the benefit...

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20 Price Differences In Singapore Between 1990s vs 2010s

Any 80s and 90s kid can relate to these price changes Let’s face it, any Singaporean who grew up in the 80s and 90s would have embraced the good old days of cheaper affordable food and drinks. However, inflation was not the only phenomenon that occurred. Let us take a look at some of the price hikes and dips in the last two centuries here on this little red dot! 10 Prices that went UP A cup of Kopi (drink) A traditional drink found at any Kopitiam which a working adult would buy before starting the day’s work A...

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Why The Singapore Personal Finance Community Is Important

Since 2015, Seedly’s mission has always been about helping our community make smarter financial decisions. We work on relevant articles and stories together with an aggregator app to serve this big mission. Personal finance is a mindset We used to think that personal finance was a complicated and confounding mess… but soon we start to realize that it was designed this way to make the common man on the street believe that it was impossible to do this on his/her own. Thus it soon became a biased over-sold industry. We are here to lift the veil and make it simple for everyone...

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How Much Singaporeans Need To Save Now To Retire At 55 Or 62 Years Old

The official retirement age in Singapore is 62, and the re-employment age, at 67. This means that your employers cannot ask you to retire before that 62 and re-employment must be offered should you wish to continue working up to the age of 67 within the company. Do note that re-employment is subjected to eligibility. 5 Key Takeaways – The Truth About Retirement Taking the average life expectancy of Singaporeans as a bench mark, most Singaporeans will live till the age of 82.9 years old. On average Singaporeans will have their good health until the age of 73. According to the...

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PSA: Best Year End Online Shopping Deal Dates You Should Know in 2017

Oh, what an online world we live in~! Holla to all you smart deal hunters out there! To be honest, the names that these companies have created for themselves to encourage spending will probably make you cringe. But that being said, it’s a waste if you don’t look for the best deals on these 5 dates. Here are the best tips and some of the recommended purchases and strategies to get you the best hunts on those days! We’ll update this list as we proceed on. (updated 5 Sept 2017) P.S: If you were wondering if this is a...

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The Ultimate Money Interest Cheat Sheet In Singapore

Money & Interest: The Oil of the Economy It is very important to understand the role of money in today’s world. Financial institutions and banks exist solely to facilitate the economy, our day to day lives. In any growing economy, there is bound to be inflation. This is where the general level of prices of goods and services increases over time. In Singapore, core inflation is at 1.9% (average for the past 10 years). Let us now take a look at some common financial products in the market today and 5 key learning lessons on beating inflation. Common Financial Products...

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Investment Blogger Shares His Best Financial Advice And Investment Portfolio – Turtle Investor

The definition of investing varies according to different individuals. While some try to aim for the stars, in search of the get-rich-fast formula, there are some who believe in the slow and steady way to financial freedom. The latter is the way of life for Turtle Investor and here’s an insight on how he allocates his assets and his input on how Singaporeans can invest. A Quick Recap: Guideline Of Investing If you are not sure about how to get started, we have a general step-by-step guideline here for you. Setting up your CDP and brokerage account Learning to...

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Investment Blogger Shares His Best Financial Advice And Investment Portfolio – STE’s Stocks Investing

We assume you had enough nagging from financial blogs regarding the importance of investing. For most people, their investing journey ends after they applied for a Central Depositary Account (CDP), and embark on a regular savings plan. Good effort, but there should be a lot more to getting closer to your financial goals. Guideline Of Investing If you are not sure about how to get started, we have a general step-by-step guideline here for you. Setting up your CDP and brokerage account Learning to use the brokerage account to trade (at least know how to sell and buy shares)...

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Working Adults: This Is How Your Finances Should Look Like In Your 20s

The start of your working life In your 20s, very often it is the stage whereby you transition from school to work life. You start to increase and build up earning power and your human capital (energy, connections). Your actual money capital may not be the highest as you are just starting out with little to no savings and potentially some form of student debt. Pros: High human capital (energy and health) and earning potential Low commitments (eg family, home, car loans etc) Cons: Low money capital More active social life and monetary distractions This article looks to share...

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