• lifestyle

    To all NSFs/Uni Students, take advantage of this subsidy to upskill! (CITREP+)

    I am sure you have already heard of SkillsFuture. It is a nationwide initiative to help Singaporeans upskill. However, that is not the only upskilling programme that the Singapore government has to offer. Recently, I have finished a course using another initiative, and I found it useful because it alleviates the financial cost. This article will explore CITREP+, which focuses on developing ICT skill sets in Singaporeans and PRs. My experience in Hackwagon I am currently on another course which is also covered FULLY by CITREP+ because I am a NSF. Previously, I had already attended DS101: Introduction to Python Programming by Hackwagon. I really liked the instructor and the…

  • frugal

    Singlife nerfed, now GIGANTIQ?

    About 2 months back, I introduced Elastiq by Tiq to you. At that time, I mentioned that it was probably the next best choice after Singlife, the ever so popular insurance savings plan which offered 2.5%. Unfortunately, Singlife got nerfed to 2% recently. As a user of Singlife and a firm believer of what they offer, I was honestly sad to see them get nerfed. Where else could I park my money after the first $10,000 to earn a solid return? That was when I discovered GIGANTIQ. Comparison with Singlife? Naturally, I tried to compare Singlife and GIGANTIQ, after all, they are in the same product category, which is an…

  • frugal

    Endowus Fund Smart, what is it?

    Very recently, Endowus, currently the only roboadvisor that lets you invest your CPF, introduced a new platform called Fund Smart. Unlike Cash Smart, this tool aims to let you choose your own funds to customise your portfolio. It is basically like choosing their curated unit trusts and creating a portfolio that you want or just changing the allocation at a non-advised basis. But why? Isn’t the point of a roboadvisor to set it and forget it? That was my initial thought too. But I withheld from writing my thoughts and listened to some parts of their webinar on Friday. This is their rationale behind it. They especially “curate” the funds…

  • strong

    Realistic Strength Goals for your 1st year in the gym

    Just like any other goal in your life, they probably will be different for others. However, this article will attempt to layout “realistic” strength goals that are attainable after your 1-year journey in the gym. This assumes you are a typical male (average genetics). For my Singaporean audience, this would mean you would be around 170-175cm in height and 60-70kg in weight. This also assumes that you focus on training for strength. This means, week after week, you come into the gym and aim for a higher weight number on the barbell. To make things simple and more generic, we will only look at the 3 big lifts, bench press,…

  • frugal

    Why I withdrew from Stashaway

    Let me put a full disclaimer first. Stashaway is a good platform. I like it. I think it is suitable for most beginning investors who want fuss-free asset growth. I just do not think it is suitable for me, which is why I withdrew from Stashaway. In January this year, I came across the robo-advisor, Stashaway. It managed your assets for a low cost without you needing to know anything. With a promo code, I decided to give it a try for the first 6 months, since they managed your money for free for the first 6 months. At that time, I had very little knowledge of Stashaway. Since the…

  • frugal

    Why did the market drop and what should you buy NOW?

    On Thursday, 3 September, the S&P500 index dropped by 3.51%. This market “correction” continued until Friday, 11 September, resulting in a total drop of 6.70%. Many investors are puzzled with this drop. What made the market drop? Why did the market drop? Should we buy into the market now? Will the market drop even more in the future? What should we buy now? These are some questions in the heads of many investors. This article will seek to answer these questions and I give my personal take on this. What made the market drop?  This drop was mainly led by the fall in tech giants such as FAANG. Take note…

  • frugal

    Should you take the scrip dividend? (DBS)

    On Monday, I received a letter from DBS. (This is how it looks like.) It was to inform me of DBS’ latest scrip dividend scheme. Ever since DBS announced this, I got pretty excited. As a new investor, most of my “gains” were from capital gain (the price difference between the stocks you sold and bought) or dividends. Although I am pivoting my strategy towards a lower exposure to dividends, I was still curious what this scrip dividend scheme will provide for me. Naturally, I googled online. The first result was from the DBS website itself. So the Scrip Dividend Scheme (SDS) “provides shareholders with the option of receiving their…

  • strong

    My greatest lifting rookie mistake

    “If you could go back in time, what would be the biggest mistake you would stop yourself from committing?” My peers ask me that sometimes. I see it asked on reddit too. For me, my greatest lifting rookie mistake would be not sticking with one good training programme for long enough. I always wanted to “optimise” my performance. I read through forums, online reviews as well as watched Youtubers giving their opinions on various lifting programs. Moreover, I went to purchase some of their programs. However, I realised that the programs are nothing special. Yes, your favourite content creator may promote his program and tell you about how much effort…

  • frugal

    Manage your cash in ELASTIQ (Limited Promotion!)

    I used to be a happy owner of my Standard Chartered Jumpstart account, back when it had 2% interest rate. But now that it has halved, I had to look for alternatives. Luckily, insurance savings policies (such as ELASTIQ) were rising in popularity. Outside of Singlife’s 2.5% which many people already religiously swear by, I still needed to store my excess cash outside of $10,000 somewhere. After looking around, bank accounts did not cut it, fixed deposits posed liquidity problems, Singapore Savings Bonds just were not worth it. I considered cash management solutions such as Stashaway Simple and Endowus Cash Smart. However, their returns did not seem very exciting. Stashaway…