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. Age 30Occupation: Investment Analyst at an MNC.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
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: 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.
Behaviour Losing hurts more, but we should persist when it comes to investing Loss aversion is a cognitive bias that plays out in all parts of our lives, from staying in a dead-end job far longer than we should, to stopping us from making smart money decisions
CPF CPF allocation rates: How it changes as you grow older Living in Singapore, many of you should be familiar with the Central Provident Fund (CPF). Akin to a “forced savings” scheme, the CPF is a mandatory social security system that enables working Singapore
Investing Endowus Quarterly | Q2 2019 Reversal of fortunesThe most surprising reversal coming into 2019 was not in the two Champions League semi-finals where Spurs and Liverpool both upended their more favored opponents, Barcelona and Man City in dramatic
CPF 4 things you need to know to better help your parents manage their CPF accounts Your parents have worked hard all their lives, and are now looking forward to the next chapter of their lives as they reach retirement age. Their CPF funds may be an important determinant
ETFs & Funds The first index fund, ever, and an introduction to Dimensional Fund Advisors (DFA) You can think of the birth of index investing and what Dimensional continues doing today as just a part of the investing evolution, as curious scientists and practitioners continue to pursue the truth in the hope of a better future.
SRS Should you invest for retirement using your Supplementary Retirement Scheme (SRS) account? Singapore government has implemented the Supplementary Retirement Scheme (SRS) as one of the ways to encourage Singaporeans to be better prepared for retirement over and above their CPF savings. Here are a few things to consider if you are looking to invest for retirement using SRS:
CPF The Nanny State, Crazy Rich Asians and lessons for your retirement plan in Singapore ‘These people aren’t just rich, they’re crazy rich.’ - Crazy Rich AsiansSingapore gets called many things: Garden City, Lion City, the Singapore Miracle, etc. Of its many nicknames, I'm sure the
