socrates469bc Posted January 17, 2021 Share Posted January 17, 2021 8 minutes ago, ManOfTheHour said: Honestly my wife got her money, i will just enjoy it myself if child doesnt get i just hope i live long enough to set up for a large trust to last until my great grand son so that he can really build on my foundation. the dna is skip 2 generation b4 a smart and ambitious offspring appears along the line. 1 Link to comment Share on other sites More sharing options...
Chestnut Posted January 17, 2021 Author Share Posted January 17, 2021 @socrates469bc what about syfe and stashaway? Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
socrates469bc Posted January 17, 2021 Share Posted January 17, 2021 (edited) 21 minutes ago, Chestnut said: @socrates469bc what about syfe and stashaway? never use them, so cannot really comment. but basically, smlj robo/digital advisers r the same as ur traditional financial planners except they used big data to analyze ur financial needs. better buy vanguard funds since they have the cheapest management fees ard and many choices. https://investor.vanguard.com/mutual-funds/list#/mutual-funds/asset-class/month-end-returns Edited January 17, 2021 by socrates469bc 1 Link to comment Share on other sites More sharing options...
Homelander Posted January 18, 2021 Share Posted January 18, 2021 I use stashaway for investment...they buy etf...they use robo algorithm mainly on US markets... They also have cash portfolio savings where they buy money market fund and another fund...that one will gives "projected" 1.4% returns, no minimum, no lock-in period etc Caveat is "should" be safe barring world financial meltdown or another big pandemic etc 1 1 Link to comment Share on other sites More sharing options...
Homelander Posted January 18, 2021 Share Posted January 18, 2021 2 minutes ago, Homelander said: I use stashaway for investment...they buy etf...they use robo algorithm mainly on US markets... They also have cash portfolio savings where they buy money market fund and another fund...that one will gives "projected" 1.4% returns, no minimum, no lock-in period etc Caveat is "should" be safe barring world financial meltdown or another big pandemic etc Link to comment Share on other sites More sharing options...
The_King Posted January 18, 2021 Share Posted January 18, 2021 15 hours ago, socrates469bc said: i just hope i live long enough to set up for a large trust to last until my great grand son so that he can really build on my foundation. the dna is skip 2 generation b4 a smart and ambitious offspring appears along the line. Got setups rules saying to make it last till 3 gen? 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted January 18, 2021 Share Posted January 18, 2021 4 hours ago, Homelander said: Caveat is "should" be safe barring world financial meltdown or another big pandemic etc my caveat, 'there is no such investment that is safe during an economic depression.' wahahahhahahahhahha 2 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted January 18, 2021 Share Posted January 18, 2021 2 hours ago, The_King said: Got setups rules saying to make it last till 3 gen? as long as there is enough money in the trust, it can run beyond. or u can put a time limit. 1 1 Link to comment Share on other sites More sharing options...
Homelander Posted January 18, 2021 Share Posted January 18, 2021 9 minutes ago, socrates469bc said: my caveat, 'there is no such investment that is safe during an economic depression.' wahahahhahahahhahha Yeah maybe only sgs, ssb and cpf 1 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted January 18, 2021 Share Posted January 18, 2021 6 minutes ago, Homelander said: Yeah maybe only sgs, ssb and cpf even sgs/ssb/cpf also not safe since a govt can be technically bankrupt. economic history is littered with govts defaulting on their bonds. 3 Link to comment Share on other sites More sharing options...
The_King Posted January 18, 2021 Share Posted January 18, 2021 1 hour ago, socrates469bc said: 59 minutes ago, socrates469bc said: even sgs/ssb/cpf also not safe since a govt can be technically bankrupt. economic history is littered with govts defaulting on their bonds. That why in gold I trust 1 Link to comment Share on other sites More sharing options...
Homelander Posted January 18, 2021 Share Posted January 18, 2021 1 hour ago, socrates469bc said: even sgs/ssb/cpf also not safe since a govt can be technically bankrupt. economic history is littered with govts defaulting on their bonds. How about investing in a kgk whose family biz is building jericho missiles? Will be safer than govt instruments? Wahahahaha 3 Link to comment Share on other sites More sharing options...
Chestnut Posted January 18, 2021 Author Share Posted January 18, 2021 (edited) 7 hours ago, Homelander said: I notice the rate is jus 0.1% higher than dbs fixed deposit. For stashaway whatquestions would they asked during the sign up time? And what is the referral code for? Edited January 18, 2021 by Chestnut Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
Homelander Posted January 18, 2021 Share Posted January 18, 2021 (edited) 15 minutes ago, Chestnut said: I notice the rate is jus 0.1% higher than dbs fixed deposit. For stashaway whatquestions would they asked during the sign up time? And what is the referral code for? DBS fd difference i guess is got lockin period and minimum deposit Basic sign up process...ask u your risk preference etc Referral code is to waive admin fees depending on the amount Edited January 18, 2021 by Homelander Link to comment Share on other sites More sharing options...
socrates469bc Posted January 18, 2021 Share Posted January 18, 2021 1 hour ago, Homelander said: How about investing in a kgk whose family biz is building jericho missiles? Will be safer than govt instruments? Wahahahaha tiagong this kgk has been fully invested by a bishan kim bo, so he is no longer available for investment liao. do u know who this bishan kim bo is, @Chestnut mm????? 1 1 Link to comment Share on other sites More sharing options...
Chestnut Posted January 18, 2021 Author Share Posted January 18, 2021 1 hour ago, Homelander said: DBS fd difference i guess is got lockin period and minimum deposit Basic sign up process...ask u your risk preference etc Referral code is to waive admin fees depending on the amount Admin fees how much? Wat they mean by risk preference? So they accept any amount? Even $100 also? Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
Homelander Posted January 18, 2021 Share Posted January 18, 2021 3 minutes ago, Chestnut said: Admin fees how much? Wat they mean by risk preference? So they accept any amount? Even $100 also? 0.8% annually but thats for etf investing Risk preference is also for investing in etf The stash simple no mgmt fee. Yes $100 also can. U can go read up if u keen. Link to comment Share on other sites More sharing options...
Chestnut Posted January 18, 2021 Author Share Posted January 18, 2021 (edited) 3 minutes ago, Homelander said: 0.8% annually but thats for etf investing Risk preference is also for investing in etf The stash simple no mgmt fee. Yes $100 also can. U can go read up if u keen. Oic Stashsimple is like fixed deposit right? They wont ask risk preference or my persinal income right? Edited January 18, 2021 by Chestnut Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
aaur4man Posted January 18, 2021 Share Posted January 18, 2021 9 hours ago, Homelander said: with Stashaway is there risk of losing principle sum ie making a loss? Link to comment Share on other sites More sharing options...
Homelander Posted January 18, 2021 Share Posted January 18, 2021 6 minutes ago, Chestnut said: Oic Stashsimple is like fixed deposit right? They wont ask risk preference or my persinal income right? i dunno, i never sign up for stash simple dbs fd will ask for your personal income bo? If no, maybe go w dbs fd lor...less hassle 5 minutes ago, aaur4man said: with Stashaway is there risk of losing principle sum ie making a loss? yes there is always a risk albeit calculated or small risk 1 Link to comment Share on other sites More sharing options...
Chestnut Posted January 18, 2021 Author Share Posted January 18, 2021 2 minutes ago, Homelander said: i dunno, i never sign up for stash simple dbs fd will ask for your personal income bo? If no, maybe go w dbs fd lor...less hassle yes there is always a risk albeit calculated or small risk I doubt they will ask for personal income. Bcos 12 yo can open account also Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
Homelander Posted January 18, 2021 Share Posted January 18, 2021 3 minutes ago, Chestnut said: I doubt they will ask for personal income. Bcos 12 yo can open account also https://www.stashaway.sg/simple This is the stash simple product page...didnt see them ask about personal income...anyway if there is such section come up, then u can just exit and close browser hahahaha 1 Link to comment Share on other sites More sharing options...
Chestnut Posted January 18, 2021 Author Share Posted January 18, 2021 35 minutes ago, Homelander said: https://www.stashaway.sg/simple This is the stash simple product page...didnt see them ask about personal income...anyway if there is such section come up, then u can just exit and close browser hahahaha But mus create acc first. Sekali after create acc and then asked I think i will go youtube and see if got people registering stashaway simple 1 Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
The_King Posted January 21, 2021 Share Posted January 21, 2021 On 1/18/2021 at 9:02 PM, Chestnut said: But mus create acc first. Sekali after create acc and then asked I think i will go youtube and see if got people registering stashaway simple Any update Link to comment Share on other sites More sharing options...
Chestnut Posted January 21, 2021 Author Share Posted January 21, 2021 30 minutes ago, The_King said: Any update Never try. I intend to draw out some of my money frm to safe keep 1 Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
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