3 Highlights and Takeaways from the 2020 Budget Every year, Singaporeans tune into budget to hear more about what our financial planning looks like for the year to come, and this year was no exception. This year, the 2020 Budget centred
Investing Are epidemics good for financial markets? As Warren Buffet famously said, the markets are a voting machine in the short term but a weighing machine in the long term. In many cases, the market initially is only able to absorb and process the first-order impacts.
Investing This Valentine's Day, we celebrate vulnerability and self-love. This is going to be my second Valentine’s day as a single person, having had a girlfriend previously for almost 7 years. My last relationship was also my first relationship, and I’
Stats and resources on the Wuhan 2019 Novel Coronavirus We wanted to share some web resources that have been helpful for us in staying up-to-date on the latest stats and news with regard to the ever-developing Coronavirus.
Your Guide to Setting Up a Regular Savings Plan for CPF, SRS and Cash with Endowus A fuss-free way of dollar cost averaging your investments by investing regularly and at an amount predetermined by youIf you are looking at investing consistently, you may want to explore setting up a
CPF Understanding the different returns for CPF SA through MCQ choices What are the different returns that CPF SA can give us? Are there even different returns in the first place?Let us explore these questions with a simple but tricky Multiple Choice Question
Angpow money and investing for the Chinese New Year Chinese New Year is upon us, and the year of the Rat is looking good. The first animal of the Chinese zodiac, The Rat in Chinese culture represents wealth and surplus, making this
Personal finance Money Stories 3: The single Singaporean man who loves cost savings, working on his topline, and wants to have a world with better financial literacy. In this Money Stories piece, we follow a 30 year investment analyst at a large MNC. A passionate advocate for financial freedom and independence as well as an efficient budgeter, he’s spent
SRS Follow up on the Primary 6 Math SRS Article There was a lot of feedback on my P6 Supplementary Retirement Scheme (SRS) article, so let’s try to better understand what other details we need to look out for to maximise our
Personal finance Money Stories 2: A "Money Optimiser" with a wedding to plan and a house to buy Marketing Manager, A self described “money optimiser” who is currently saving up for a house and wedding. Our next profile is a 29 year old marketing manager who is currently working at a
Investing The biggest companies in the world Let’s take a look back at the largest companies in the world for the last four decades.
SRS Solving the SRS top up problem using Primary 6 Math terms and Sensitivity Analysis. When it comes to the Supplementary Retirement Scheme (SRS), three of the most common questions that are asked on forums and websites like Seedly and HardwareZone are the following:“At what tax bracket
Personal finance Things to do to reduce your taxes The end of the decade is nearly here! Before you head off for your final holidays or countdown parties, consider the following actions to lower your taxes. Do note that the tax relief
Personal finance Money Stories: Everyday Singaporeans and their money. In this series, we want to explore the lives of everyday Singaporeans and how they think about personal finance, their quality of life, and what they spend on a day to day and
SRS 4 reasons why Endowus makes better sense for your SRS this Christmas season The Supplementary Retirement Scheme (SRS) is a personal income tax relief scheme that helps both tax paying Singapore residents and foreigners reduce their taxable income. If you have topped up your SRS, well
CPF Why investing your CPF is important. We receive a lot of questions about why, given the government legislated CPF Ordinary Account (OA) interest rate of 2.5%, anyone should take risk by investing their CPF money in the financial markets.
CPF Introducing: CPF investing with Endowus Why did we start Endowus? We started Endowus with a singular focus: to make the best investment advice and products accessible to all of us. In the context of our beautiful home Singapore,
CPF How to open a CPF Investment Account online in minutes We have partnered with UOB to bring you a better experience in investing your CPF funds. You can now open a CPF-IA with UOB entirely online in a seamless manner in just minutes.
Investing How Endowus calculates your performance and returns on investment How to calculate dollar value gain or loss, total return, time-weighted rate of return, and annualised internal rate of return
Investing Managing and thinking about currency exposure for your portfolio I have a confession to make. There’s a small drawer tucked away in my house where I have amassed a collection of ziplock bags, each with the remaining foreign currencies of different
CPF A guide to using your CPF to buy a house You can use your CPF Ordinary Account (OA) savings to buy a new or resale HDB flat, or private residential property. However, the government has put in place certain limits on using CPF savings for housing to ensure you will have sufficient savings to meet your retirement needs.
Behaviour Forget your password? It's a good thing for your investments. Fidelity conducted an internal study and found that individual investors who did the best were the ones who forgot they had an account. (Business Insider)There are many possible explanations, but the simplest
Personal finance Get a head start on the most important thing in personal finance The ultimate questions we must answer are: When we stop working and enter retirement, do we have enough saved to live a quality of life that we desire into our old age? Will we be able to provide for our loved ones and not worry about whether we will outlive your savings?
SRS 6 myths about the Supplementary Retirement Scheme (SRS) Most of us living in Singapore are familiar with CPF - it’s where a large portion of our paycheck goes to every month. But we may not be as familiar with the Supplementary Retirement Scheme (SRS). Here are 6 myths you may have heard – and believed – about SRS accounts:
CPF Should a new Singapore Permanent Resident make voluntary contributions to CPF accounts? As a new Singapore Permanent Resident, one of the greatest benefits is that you’re entitled to participate in Singapore’s pension system CPF. Here are a few reasons why you should consider topping-up your CPF accounts on your own as a new PR to grow your retirement nest egg.
