Author: The Turtle Investor

The Battle Of Robo-Advisors (SG Edition)

Shortly after I shared the emergence of StashAway, it does look like the battle of the robo-advisors is starting heat up right here in Singapore. First-mover advantage, you say? It has been exactly one year since I have written my first post on Smartly. Since then, I have written more posts, had a beer with Keir, tried out the Smartly beta, and finally it does seem like the clearest indication of a launch date by Smartly is going to be June 2017 as indicated on their Facebook page. On-boarding of first clients should start by then. Keir Veskiväli (Founder...

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StashAway : Robo-Advisor Competitor To Smartly

Not much of updates from Smartly lately, and I know many people are still patiently waiting. Myself included. The good news for us consumers is that it now has a really strong contender in the form of StashAway. I’ve been monitoring it for a while, and looks like it has received in-principle approval for its Capital Market Services License. While another wait begins for StashAway, at the very least it is a step in the right direction for SG. Like Smartly, StashAway will be aiming to be the first to offer similar robo-advisor investment services to everyone regardless of...

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Gili Lankanfushi : Choosing Your Maldives Resort. And Jetty. And Villa.

Many moons ago in November 2008, my wife and I experienced our first ever resort stay at Langkawi Lagoon Resort. We didn’t know what to expect, and what resort living is even supposed to be. We bought 5-dollars Malaysian Airlines tickets (excl. taxes) before we even decided where to stay 😉 Beach resorts. Pool villas. Spa suites. We have come really far since then! What better place than the beautiful country of Maldives to conquer next?! For first timers to Maldives, choosing a resort can be a really tough decision! This is especially true if you are not used to...

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On STI, Air Miles And Giveaway Winner

The STI ETF has been doing a sideways dance since the first day I started investing in it on 24th December 2012. According to Stocks Cafe (previously SGXCafe), STI ETF has time-weighted returns (including dividends) of 13.2% during the same period. Meh returns? I suppose. I’ve always called myself an index investor, and not a passive investor. Index investing isn’t necessarily passive by nature. If you have a re-balancing strategy, you might have bought more during the early-2016 dip. Your returns might paint a very different story. My favourite image that I keep reposting. As of right now, the SPDR...

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If You Ever Need An Index Investing Starter ..

Have you ever felt that despite all the blogs and online resources available, you still needed that extra something to nudge you towards index investing? Did you say “yes”? Shiny Things One place that I’ve learnt a lot from is, surprisingly, the Money Mind sub-forum at Hardware Zone. I know, don’t judge. I tend to lurk around many places 🙂 There is a particular individual who uses the handle of Shiny Things , and he shared a heck of a lot of sensible stuff that I generally agrees with. Many times, it is related to index investing. He even...

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Nikko AM Straits Trading Asia Ex-Japan REIT ETF : One Thing People Aren’t Saying

Like what I wrote for Phillip SGX APAC Dividend Leaders REIT ETF, just throwing out some food for thought for this one. A REIT ETF such as Nikko AM Straits Trading Asia Ex-Japan REIT ETF is a great tool to have at our disposal. It would fit in nicely if you’re trying to construct a portfolio like Rick Ferri’s Core Four, for example. Portfolio Charts is a website that I really like, by the way. Needless to say, a regional or global REIT ETF exposes us to markets that we are not familiar with. Have you wondered what’s behind the flashy...

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DIY Insurance For My Wife

Bye bye investment linked policy (ILP). We finally pulled the plug on my wife’s ILP. The one she bought from her ex-classmate after she snagged her first job. Who is no longer even in the company. Or the industry. I spent a little bit of time reviewing her current coverage and decided to make a little adjustment for her. At 60% of her old ILP policy’s monthly cost, I have gotten her four times the coverage that her ILP was giving her. Instead of going via the compareFIRST route, I want with DIYInsurance (by Providend) instead. I trusted the...

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Nah The Numbers Don’t Add Up

I read a few personal finance themed blogs here and there. Not just local ones, I mean. Sometimes, they get picked up by social media which tend to result in a particularly share-worthy (click-bait-ish) post. This particular one mentioned a 28 year old New Yorker who has retired with more than $2 million. Woah. Pitchforks! Many of the comments were outright negative and quick to dismiss it. If I had a $100k salary fresh out of college/university, I could do the same. I can’t even get paid more than $10/hour! But they have dual income. How I wish the...

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Gili Lankanfushi : A Sneak Preview

Gili Lankanfushi is quite unlike what my wife and I are used to. Being frequent resort dwellers is one thing, but Gili Lankanfushi has certainly taken this experience up to another stratospheric level. One that I’m afraid it would be insanely difficult to match, let alone surpass. Picking a resort in Maldives is a tough task. Just how does one start to choose? My wife and I have fairly similar tastes (phew) and it made it easy for us. We love the idea of rustic luxury and it was no surprise that Gili Lankanfushi appealed to both us. An...

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A Week At The Best Hotel In The World

At the time of this post, I’m probably somewhere over the Indian Ocean, high up in the clouds. Where am I heading to? Well, how about the best hotel in the world! For one week 🙂 A short while back, I wrote a 3-part blog posts on how to get a good deal for a Maldives getaway, which was compiled from years of experience from travelling, plus employment in the hospitality industry, and I was rather happy to hear from some of you about your plans and especially when you shared where you were heading to. I know, it is so...

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The Future is Female Conference : Ticket Giveaway + Discount Code

Based on the demographics of visitors to my blog, it would seem that men are more likely than women to be interested in the areas of personal finance and investment. In terms of the people I know personally, the same trend holds true. Do you notice the same trend as well? Taking a look at my Index Investing Facebook Group, no doubt there are plenty of ladies in it as well but it would be fair to say that guys make up the majority. It came as a surprise when the ladies behind The New Savvy reached out to...

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Almost Impossible For An Average Joe To Earn One Million Miles In A Year

In December 2016, The Business Times had a sensational article on a Singapore family – a married couple with two kids – who is about to take a trip around the world in style i.e. Business Class, for “free”. Since then, mainstream publications has picked up on it (I mean, who doesn’t want to read about such extreme indulgence?!) and you can check out the links below. The skeptic in me went into overdrive and based on my experience, it is ridiculously difficult to do what the “Singapore family” has achieved, even more so in less than a year. So,...

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A 5-minute Phone Call Saved Me $60

I did a really stupid thing recently. I had set up GIRO payments for my new credit cards (only use credit cards if you always pay in full every month), but I had forgotten that I had done so 🙁 And so, my credit cards statement came, and I went ahead and did manual payments. All good, so far. Due date came, and the bank attempted another deduction, which usually shouldn’t be a problem. They would realize that payment has already been made, and refund the money to me, correct? Unfortunately, my POSB bank account isn’t my main account...

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ABF SG Bond Index Fund & STI ETF – DIVIDEND 2017

Yet another public service announcement brought to you by Turtle Investor. Every year at around this time, the visits to my blog would spike just a little because of folks who are looking for dividend information. As usual, SGX is one of the best source of definite dividends information and I’ll re-post it here. Here goes. ABF SINGAPORE BOND INDEX FUND ETF – 2017 Ex-Date : 03 Jan 2017 Record Date : 05 Jan 2017 Date Paid/Payable : 17 Jan 2017 Amount : SGD 0.0214 (current yield at 1.87% via SGXCafe) While I’m at it, below is the corresponding...

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Choosing A Longer HDB Loan

A comment by Andy from Tacomob in a previous post on HDB loans led to this post. I was sufficiently intrigued to try and dig out my calculations from 5 years ago. Unfortunately, they are nowhere to be found. Heck, so I made new ones! This time, I cheated by using a financial calculator app, though. Sidetrack a little for now – I saw this post yesterday on buying a first home and the considerations that went into it. In particular, I was interested in this part that goes – For example, if we had opted for a $300,000 loan over...

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