Dear fellow investors, I just want to share my investment approach, do pardon my ignorance.
Some time in April, I read that the US Fed had been intending to lower interest rates and this would benefit reits so I researched about reits and decided to invest into the 3 Mapletree Trusts. Then I applied the following strategy.
1) I decided that I would put $60000 into each trust to spread out the exposure to different property types.
2) Next I divided my $180000...

just started at moomoo and hoping to realise the gains of so many others before me 💪🏻

Have u heard? They are increasing the public transport price again Considering walking or cycling to save moolah and reduce carbon footpront
1. High electric bills due to climate change causing hot weather which results in more usage of aircons Solution: Try to buy electrical appliances with at least 4✓ using climate vouchers courtesy of the government Stack it with CDC supermarket vouchers if u still haven't use it
Never pay full price, add items to ...

In April I started to buy some reits. At that point in time, there was already talk of a possible Fed interest rate cut in June. When the rate cut did not materialise, there was a sell off during July. As a newbie investor, I saw my stocks drop by around $6k in value. At that point in time, I was quite disappointed. I could either sell and cut loss or average down. I’m glad I made the right choice. But why did I decide to do so? This was because reit ...

Repost as advised. Seems like 100k is the new norm. As I got my car 3 years ago, where my COE was only at 48k, it does not make financial sense for me to buy now. If the COE drops to 50k within the next 7 years, I will buy my next car as I do enjoy the benefits that come with the car, e.g. convenience, mobile shelter and a mobile luggage. If it goes beyond 100k (thats more than 4x the OMV of the typical sedan car), I will sing all the benefits of taking public transport ins...

20% of my monthly income is what I’ll feel comfortable spending on a car. It contains the car mortgage, petrol, road tax, erp, parking, etc. If only for operating expenses, 10% of my income would be acceptable.
What's more, share a advice I received before is that your car cost (COE + buying the car) should not exceed your annual income. Typically, car expenses in Singapore would be no less than 1.5k a month. To keep some buffer, ...

It is too expensive to own a car in Singapore, I would rather invest the money needed to get a car and continue to use public transport
I find it more convenient to take public transport as I can play games on my portable gaming console during the journey, can't do that if I'm driving
Also good to reduce carbon footprint by taking public transport