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Do you all have fixed deposit account?


Chestnut

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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.

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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 by socrates469bc
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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

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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


 

12F83184-4857-450C-ABBC-3B5F65BC9FAD.jpeg

7E260FB7-3E6F-446F-9D9F-E5DDF0604E52.jpeg

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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?

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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

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7 hours ago, Homelander said:


 

12F83184-4857-450C-ABBC-3B5F65BC9FAD.jpeg

7E260FB7-3E6F-446F-9D9F-E5DDF0604E52.jpeg

 

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 by Chestnut

Shalala lala la la ~ 🌠

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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 by Homelander
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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 ~ 🌠

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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. 

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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 by Chestnut

Shalala lala la la ~ 🌠

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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

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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 ~ 🌠

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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

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Shalala lala la la ~ 🌠

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