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Category: Investment and Finance

Estate Planning with the Best way to save money on commissions when trading Singapore stocks with CDP

Posted on by careyourpresent

Many people trade Singapore Stocks. There are many brokerages that offer Singapore Stocks trading; however, the key differences are whether the shares would be stored in the Central Depository (Pte) Limited (CDP) or Custodian with the brokerages. CDP is something very unique in Singapore Context. For oversea shares, definitely, the shares will be stored with the custodian brokerages.

By right, these brokerages would provide separate account for the investor, segregated from the company’s accounts. Hence, in the unlikely scenario of any bankruptcy of the custodian brokerage, your shares would still be safe. However, in real life, it may or may not happened.

What is Central Depository (Pte) Limited (CDP)

The Central Depository (Pte) Limited (CDP) was established in 1987 and is a wholly owned subsidiary of SGX. CDP provides integrated clearing, settlement and depository services for a wide range of products in the Singapore Securities Market. In the realm of securities trading, the Central Depository (CDP) of Singapore plays a vital role in ensuring the smooth functioning, efficiency, and security of the market.

The Central Depository (CDP) serves as a trusted custodian and clearinghouse for securities traded on the Singapore Exchange. It acts as a central registry, holding and safeguarding securities such as stocks, bonds, and treasury bills, in an electronic form. Through its infrastructure, the CDP facilitates the settlement, transfer, and safekeeping of securities, providing investors with a reliable and efficient platform to buy, sell, and hold their investments.

How it work?

Before one can buy/sell any shares/bonds that listed through Singapore Exchange, investors need to open a personal CDP account or joint CDP account with someone.

If you buy/sell any Singapore shares through traditional brokerages (such as Poems, Lim & Tan, DBS Vickers, iOCBC etc that is link to your CDP accounts), the brokerages will become the middleman in the selling/buying process, but your shares would be transferred/stored via your personal/joint CDP. You can buy using brokerage A, store shares in CDP, then sell your shares using brokerage B.

This is something very unique in Singapore Context because overseas shares are stored via custodian accounts with the brokerages such as Interactive Brokers, Saxo, Moomoo, Webull etc. One can only buy/sell through the custodian brokerages that your shares are with.

As more conservative investor, most would prefer to store their shares via CDP. However, with new brokerages operating in Singapore, one has another option to opt and use these brokerages instead of through CDP.

Why so?

The main reason(s) would be the commissions.

If one use traditional brokerages, one would need to pay about $35 commissions for a trade of around S$1 to S$9000. Yes, you didn’t see wrongly, $1. Hence, minimally one would need to make each buy around $9k to make the commissions worth it.

With the new companies such a WellbullSG, Moomoo, Tiger on board, one can buy very little Singapore shares with little commissions, but what is the catch?

You will need to store your shares with the brokerages directly instead of CDP.

I am not sure about you, personally, I prefer to keep my shares that I want to keep very long term with CDP such that buy/sell the shares with any CDP link brokerages. However, I also want to have my cake and eat it too! Hence, what is the solution?

Solution – Cheap Commissions but keep your shares with CDP

There are two solutions that I am aware of.

Solution 1

Buy your shares with DBS Vickers Cash upfront account. Cheap comms to buy and the shares will be stored in your linked-CDP account after purchase. This is a very popular options with many investors! I used to use this method in my early years of investing, but I did not use this method now. Why?

As part of estate planning, I have moved all my equities to joint account with my spouse. My spouse is a total noob in shares buying/selling, brokerages, wills etc. Hence, I need to plan everything out well, especially I still have two young children. Although Will can cover personal account, one still need to apply for Grant of Probate upon demise, which would take some work. Hence, as far as possible, I try to keep, cash/shares etc in Joint account for the survival ownership clause (the surviving party will take the assets).

As a result, I can’t use Cash Upfront trading anymore as this is for individual account link to individual CDP. Furthermore, the trades are only applicable to Buy Trades.

Solution 2

I use FSMone Account.

Let me shameless do some promotion for my referral first in order to keep my current blog going (need to pay hosting and domain fees). For those are keen to apply FSMone account, can do so via my referral link in my referral page. Of course, there are also other interesting, good platforms that I am using, do consider sign up via my referral too.

Let me share more about FSMone account. What I did was to open up 4 accounts:

  • Account 1: I am the main holder.
  • Account 2: I am the main holder with my son as beneficiary.
  • Account 3: I am the main holder with my daughter as beneficiary.
  • Account 4: I am the main holder with my wife as beneficiary.

Key Things to note about FSMone Beneficiary Account

A Beneficiary Account in FSMOne.com is useful if you are planning a separate portfolio for another person. In the event that any one person in the beneficiary account passes away, the assets of the account will belong to the surviving person.

The main applicant (main account holder) of this beneficiary account must be above 18 years old. Please note that the main applicant is still the key operator of this account and the owner of the assets invested under this account as long as the main applicant is still alive. All correspondence will be notified to the main account holder.

In the event that the main applicant has passed away, the beneficiary holder (upon 18 years old) is required to bring the death certificate and his/her own IC to our office. We shall open a personal account for the beneficiary holder and then transfer all the holdings registered under the beneficiary account into the new account. Thereafter the beneficiary will have rights towards the holdings and he/she will be able to purchase, switch or liquidate. The beneficiary can decide to liquidate the funds if wishes to.

If the beneficiary is a minor (below 18 years old), then the surviving parent will automatically become the legal guardian. The legal guardian will be able to give instructions. If the beneficiary wants to keep the investments, then he/she has got to open a new account with existing parent as main applicant and minor as beneficiary and transfer the holdings from old account to the new one.

https://secure.fundsupermart.com/fsm/advice-services/faq/8660/
https://secure.fundsupermart.com/fsm/advice-services/faq/998/

With Above…

With the above, it totally suits my needs about estate planning. If anything were to happen to me, my wife just needs to do the simple thing below to access the assets!

Hence, I mainly used account 4 to trade the money from my wife and my money. For account 2 and 3, I keep their ang bao money in Autosweep (that earns 3.14%) while waiting for great chance for me to invest their money!

In the event that the main applicant has passed away, the beneficiary holder (upon 18 years old) is required to bring the death certificate and his/her own IC to our office. We shall open a personal account for the beneficiary holder and then transfer all the holdings registered under the beneficiary account into the new account. Thereafter the beneficiary will have rights towards the holdings and he/she will be able to purchase, switch or liquidate. The beneficiary can decide to liquidate the funds if wishes to.

If the beneficiary is a minor (below 18 years old), then the surviving parent will automatically become the legal guardian. The legal guardian will be able to give instructions. If the beneficiary wants to keep the investments, then he/she has got to open a new account with existing parent as main applicant and minor as beneficiary and transfer the holdings from old account to the new one.

CDP and FSMone

Back to the main topic of saving commissions while keeping shares in CDP, FSMone allowed the transfer of shares bought in FSMone to CDP for free!

Taking a step further, if we compared to the commissions to trade SGX listed shares, it cost about $35 to trade S$10k worth of shares with traditional brokerages that are linked to CDP whereas it cost only about S$15 to trade S$10k worth of shares with FSMone. That’s almost $20 differences! A restaurant meal! Don’t forget the additional benefit of estate planning.

Hence, for this account 4, usually I would use it to buy/sell shares for those that I plan to trade short term with cheap commissions, then regularly I would transfer those shares that I want to keep for longer term into CDP. The transfer process is fast and quick! I have done a couple of transfer before. Let me share the latest one!

On 17 Jun, I have sent in request to FSM to request the transfer of three shares – Boustead, MIT and Areit from FSM to CDP. The transfer is done on 21 June 2.41pm with the shares minus from my FSMone account and credited to CDP account.

Let me share more about the Transfer Process

Step 1: Fill up the transfer Form

To transfer out your stocks/ETFs to CDP, please complete FSMOne Security Transfer-In/Out Instruction (Cash) and send it to us via email.

https://secure.fundsupermart.com/fsm/advice-services/faq/2195/

How to fill the form:

There are some parts of the forms which I don’t know how to fill until I went to ask FSMone customer service. Since I have the information now, let me share it. See the screenshots below.

Take note of the Counterparty name and Contact No. / Email Address

This part of the form quite easy and just fill accordingly.

Step 2: Download your latest statement of Holdings in FSMone

Download and attach a copy of the latest statement of holdings (dated within 3 months) with this transfer form and follow step 3.

Step 3: Send to FSM and wait!

Email your transfer form (step 1) and latest statement (step 2) to [email protected].

After that just wait for the acknowledgement and the transfer to take places.

I have done the transfer at least 5 times, so far all of them took within a week with only 1 time that took about a month. That’s why FSMone normally will tell you take 1-2 weeks but usually it’s faster than that.

My email to FSM on 17 Jun 2023 02:01 am
FSM acknowledgement email on
Jun 17, 2023, 9:19 AM

Completion of transfer on 21 Jun 2023

The Secret Conclusion

I hope this article will be useful to you.

I have shared the method that I have used to purchase Singapore Shares –

Open beneficiary accounts with spouse and dependents such that estate planning is in place.

Put in the family allocated investment Cash into Autosweep while earning 3.14% interest and waiting for the best time to buy/sell.

Buy/Sell Singapore Shares using FSMone with cheap commissions of about S$15 for minimum S$10k worth of Shares. Sometimes I bought $20k worth, it’s only cost me S$18.

For Shares of other countries such as HK, I use FSMone too since estate planning is in placed.

For US/LSE/AUS shares, I use interactive brokers but I try to keep US shares within 60k because of Estate Tax.

For those Singapore Shares that I plan to keep long term, I would transfer them to CDP for free!

Thanks for reading!

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Trust Card – Excellent Card for overseas usage

Posted on by careyourpresent

Currently is June Holiday and many including me went overseas for the past few days. It is literally overseas as I went to Legoland Malaysia for the past few days. I did what most people did, went to money exchanger and swap SGD for Ringgit when the news articles post great rates of 3.43 during the last weekend! But there is better option out there!

Disappointment

However, to my disappointment. The money exchanger gave me the rate of 3.395 last Saturday on 10 Jun 2023 although many news articles everywhere posted that the rate is 3.43! Why! As a backup, usually I would also bring along some credit cards + ATM that allowed me to withdraw money overseas! This prompted me to do some research.

Spending in Foreign Currency

With this, this came to the next questions of:

“What are the fees involved when transacting in overseas currency?”

Two things that came to my mind:

  1. A foreign currency (FX) spread – “hidden” fee in addition to the underlying exchange rate. It’s the spread that the financial institutions will earn from you, in another word, a lousy exchange rate.
  2. Foreign Currency Conversion (FCY) fees – whereby we are charged a percentage of the value we intend to exchange by the financial institution.

After some research, it came to my attention that most of your favourite banks, like OCBC, UOB, DBS, Standard Chartered, Citibank, HSBC, Maybank, CIMB etc all charge a hefty fee of 3% to 3.5%. This means that if you spend $100, you need to pay additional $3 in addition to the hidden spread that I have mentioned above.

What other options are there?

If one did their proper research, most would resort to Youtrip, Revolut etc. But all these cards are pre-paid card which means that one need to top up the cards using your cash/other cards in advance first. The exchange rates are quite decent, better than banks – which addresses point 1 above. There is no issue for point 2 too since there wouldn’t be additional charges. However, if you withdraw money from overseas, there is ATM withdrawal fees which is not ideal.

Safety

I am not sure about others. But for me safety and contingency plan is utmost important to me when I go overseas. This means that I need to have access to fund via ATM withdrawal or by means of credit cards. Additionally, I would like to activate as little number of cards as possible when overseas to reduce the chance of lost card or fraud! Hence, I need only ONE Card that will serve me well.

After more research, the solution is from a card/digital bank that I already owned! – TRUST BANK, TRUST CARD!

Trust Bank/Trust Card

If you go to the Trust Bank website, it directly solved point 1 above! Look at the screenshots that I have taken from Trust Bank website, I thought this card is great but I am still suspicious how true the claim that the exchange rates are near what you see on Google.

https://trustbank.sg/great-exchange-rates/

Furthermore, there is no foreign currency conversion fee. But strangely, this is a digital bank by FairPrice Group with Standard Chartered Bank (SCB). SCB definitely charge your foreign currency exchange rate and they will give poor exchange rate to earn from the spread. But why their digital Trust Bank can give such good things?

Furthermore, this is a numberless card and you can easily lock the card to prevent fraud. Is it really such good card?


https://trustbank.sg/great-exchange-rates/
https://trustbank.sg/great-exchange-rates/https://trustbank.sg/great-exchange-rates/

Doing is more Real rather than seeing

As a result, I decided to give it a try and let me show you – Pictures speak a thousand words! Let me show you the real transactions which I did.

Look at the rate and transaction above! The rate that I was given was 3.42 to 3.43! Better than money exchanger with no foreign currency transaction fee! The rate is really near Google exchange rate…I can also lock the card after each transaction overseas to prevent possibility of any fraud.

Withdrawal of Money in overseas ATM

Usually, I don’t like to give review for the sake of review. Instead, I like to provide value and show what I really did (such as the true screenshot of my transactions above). But when I was in Legoland, everything can be paid by Visa (very tourist area nowadays) and I have enough ringgit too since I have exchanged it earlier at 339.5 🙁 Hence, I didn’t get the chance to withdraw the money to really test it out!

However, based on what I have researched online, there is no withdrawal fee but please paired it with Debit Card such that the funds withdrawn in foreign currency is from your deposit account with Trust (of course make sure you put some money inside). If you withdraw your fund from overseas ATM in credit card mode, there will be the usual cash advance fee for credit card! Please take note!

But one negative point about this card is that you won’t earn points/rewards if you spend in foreign currency as compared to using other credit cards. However, the points/rewards that you have earned from these transactions from your usual credit card likely won’t be able to offset the extra amount (foreign currency conversion fee + spread) that you have paid.

Update on Oct 2023:

I did an atm withdrawal using Debit Card in Bukit Indah Aeon Mall during my short trip. There is no withdrawal fee, and the rate is better than those money exchanger in Singapore.

Sign

For those that don’t have Trust bank/Trust Card and will be going overseas, do consider signing up.

Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in my referral code: KNDBPEPT. You will earn $10 NTUC voucher too! Free Money why not?

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Unlocking your Mental Strength to Grow Wealth – Save or Earn more?

Posted on by careyourpresent

Mental Strength

Saving = Income – Expenses

Everyone wants to grow their wealth and get more and more money for the betterment of their life. But how to get more money? There is always a constant fight between the earn more and save more camp. If you know what I am talking about, are you in the earn more or save more camp? I am the earn more camp but if really can’t earn more, do your save more.

Earn More or Save more?

Should you Earn more or Save more?

Let’s say for a fresh grad with an employed income of 3k monthly, how much investing capital do you need to get $3000 monthly at 5% interest rate (I am assuming REIT ETF at 5%)?

Investment capital = Annual income / interest rate

Investment capital = $36,000 / 0.05

Investment capital = $720,000

Therefore, to generate $3000 monthly with a 5% interest rate (assuming a REIT ETF with a consistent 5% return), you would need approximately $720,000 in investing capital.

Is it easier to get $720,000 to generate $3000 monthly or is it easier to get $3000 monthly from your employed income?

If we up the amount further

Let’s us up the amount further. Let’s say if you have worked a few years and earn more now, at $5000 per month. How much investing capital do you need to get $5000 monthly at 5% interest rate (I am assuming REIT ETF at 5%)?

Investment capital = Annual income / interest rate

Investment capital = $60,000 / 0.05

Investment capital = $1,200,000

Therefore, to generate $5000 monthly with a 5% interest rate, you would need approximately $1,200,000 in investing capital.

1.2 Millions! Is it easy to get that 1.2 millions in the first place?

Let’s up the amount even further

Let’s us up the amount even further. Let’s say if you have worked a few years and earn more now, at $8000 per month. How much investing capital do you need to get $8000 monthly at 5% interest rate (I am assuming REIT ETF at 5%)?

Investment capital = Annual income / interest rate

Investment capital = $96,000 / 0.05

Investment capital = $1,920,000

Therefore, to generate $8000 monthly with a 5% interest rate (assuming a REIT ETF with a consistent 5% return), you would need approximately $1,920,000 in investing capital.

1.92 Millions! Is it easy to get that 1.92 millions in the first place?

Saving

Let’s talk about saving. If you earn 3k, and let’s say you are very thrifty and save up to 50% of your income, how long do you need to get $720,000?

Time = Desired savings amount / Monthly savings amount

Time = $720,000 / $1,500

Time ≈ 480 months = 40 years!

How many 40 years in life do you have?

Using the same example earlier and up the amount

Let’s talk about saving with increased income. If you earn 5k, and let’s say you are very thrifty and save up to 50% of your income, how long do you need to get $1,200,000?

Time = Desired savings amount / Monthly savings amount

Time = $1,200,000 / $2,500

Time = 480 months = 40 years

Another 40 years! Can you live that long?

Let’s up more and use the previous example

Let’s talk about saving with increased income. If you earn 8k, and let’s say you are very thrifty and save up to 50% of your income, how long do you need to get $1,920,000?

Time = Desired savings amount / Monthly savings amount

Time = $1,920,000 / $4,000

Time = 480 months = 40 years

OMG! Another 40 years! Can you live that long?

But let’s say your saving rate is higher at 70%

If you earn 3k, and let’s say you are very thrifty and save up to 70% of your income, how long do you need to get $720,000?

Time = Desired savings amount / Monthly savings amount

Time = $720,000 / $2,100

Time ≈ 343 months = 28.6 years

If you earn 5k, and let’s say you are very thrifty and save up to 70% of your income, how long do you need to get $1,200,000?

Time = Desired savings amount / Monthly savings amount

Time = $1,200,000 / $3,500

Time ≈ 343 months = 28.6 years

If you earn 8k, and let’s say you are very thrifty and save up to 70% of your income, how long do you need to get $1,920,000?

Time = Desired savings amount / Monthly savings amount

Time = $1,920,000 / $5,600

Time ≈ 343 months = 28.6 years

Let’s summarise

What happen now? Let me put everything in a table.

Get the idea?

I guess you have got the idea.

Capital that you have is the gist of your investment. You must be able to get that investing capital in the first place. To get large amount of investment capital, the easiest way is the earn it, not save it! There is a limit of how much you can save given that one always need some decent amount to maintain a decent standard of living.

It’s easier to save 50% if you are earning 8k per month as compared to 3k per month. Earning 8k per month and save 50% means you are saving 4k per month. Earning 3k per month and save 50% means you are saving 1.5k per month. It’s easier to live with 4k per month as compared to 1.5k per month. All these are assuming there is no lifestyle inflation.

Lifestyle inflation

Lifestyle inflation is when people start spending more as they earn more money. You know, it’s like when you get a raise and suddenly feel the urge to upgrade your lifestyle by buying fancier stuff or treating yourself to expensive things.

Let me give you an example:

Imagine this guy named Tan Ah Gao. He used to earn $50,000 a year and saved 20% of his income, which was $10,000. He was pretty frugal and careful with his spending. But then, his income jumped to $80,000 per year. And you know what happened? John thought he could afford a better lifestyle, so he moved to a more expensive apartment, bought a new fancy car, and started splurging on lavish vacations and fine dining. The problem was, all this extra spending made it hard for him to save the same 20%. So instead of saving $16,000 a year, he ended up saving only $8,000. See, lifestyle inflation is something that hunt everyone.

But…think in terms of the Time of your Life

How to control lifestyle inflation? It’s all in your mind.

Let’s say you wanted to spend $1000 to buy latest phone but you can actually just buy $300 decent phone. Many thinks opportunity cost is $700 but it is not. Instead Think this way: you earn let’s say $10 an hour, you are using 70 hours of life, 4200 minutes of your life, 25200 seconds of your life to get this. Worth it? If you think this is worth, go ahead. If not, do reconsider your options.

(Of course, if selfishly, please buy the latest iphone gadgets please, or else how to keep increase APPL EPS and dividends =p?)

SO Save more or Earn more?

Both saving more and earning more play crucial roles in building wealth. To me, both are important, but Earn more is more important because there is a limit on how much you can save based on your current earnings! Of course, do take note of lifestyle inflation.

Unlock your Mental Strength to Grow Wealth!

For those who issue of saving, think of your time spent to earn that money before you spend on something. For those who already save the maximum until your lifestyle standard cannot be minimize anymore, focus to build your career/business and earn more!

Build your capital and ultimately one day let your investing income > expenses. Then you will be free!

Remember: Earning more and save more is the key to unlock your wealth growth!

Lastly, I want to end with this food for thoughts:

Many may not understand this – the way you invest your money when you have 10k capital as compared when you have 1 million capital is very different. I don’t understand it in the past, but I understood it now.

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Ugly but Attractive Singapore Saving Bond – SBJUL23 GX23070H and my recent Trades

Posted on by careyourpresent

Singapore Saving Bonds

Many people love the stability of income, monthly cashflow, interests etc, worrying about the volatility of equities etc. Singapore Saving Bond is one of the best options that many people like to opt into. This month rate is out! The interest is no longer pretty but is still attractive. Why do I say so?

SBJUL23 GX23070H

Let’s look at this month bond’s rate.

The rate for first year is 2.76% with 10-year rate at 3.02%. The average 10 years rate is 2.82%. Psychologically, below like to buy SSB with rate above 3%. However, this month and the previous month the rate starts to drop below 3%, hence people think that this is not attractive not pretty anymore. But if one think carefully, 3%-2.82% = 0.18%. Is that difference really that big?

The CAP of SSB is 200k per pax. Let’s say for 200k, 200k*0.18%= 360 per year, $30 per month. It’s not a lot but its decent for some cai png money. However, realistically, during the months where the rate is above 3%, it’s not easy to get all 200k inside. Hence, you won’t be able to get all your 200k to be above 3% within a month of application as you won’t know the allocation rate.

If you refer to the April bonds, actually you can get everything you want, it’s all about hindsight. But who knows before that? When it was 3% that time, but the other options at that time give up to 4%, people rather take other options. Now it’s 2.82%, people rather take other options or this option?

Singapore Saving Bonds – SBAPR23 GX23040S – results out! Almost all get what they want!

Other Options

We should compare with other options available. One can see that the rates are dropping across board. The fixed deposits across the banks are around 3-3.5% for those 6 to 12 months. If you buy Fixed deposit, you will earn more as compared to Singapore Saving Bonds. But who know what will happen after 6 to 12 months? Singapore Saving Bonds, let you lock 10 years rate in advance and save you the hassle to keep sourcing for better rate every 6 or 12 months.

Is this hassle worth $30 per month for 200k worth of bonds? Or would you be better to spend your time better elsewhere? It’s up to individual. For me, I have finish building up my bond ladder where I will get something every month. Likely, I won’t add anymore. You can see screenshot of my bond ladder below.

There are also other options to put your idling cash – refer to Ultimate Guide of where to place your idling funds in Singapore.

Buy or Bye?

Hence, should we buy or bye?

Let’s us recap the advantages of SSB first:

  • Very safe – backed by Singapore Government
  • Locked down decent rates of around 3% for 10 years.
  • Easy to redeem and can redeem partial
  • Liquidity needs maximum of 1 month where you can get your money back. Hence suitable as emergency fund.
  • Limit of 200k should be good enough for most people.
  • Can build Bond Ladder to get monthly income (which I already did)

Let’s us recap the disadvantages of SSB:

  • Short term rates are lower than banks’ fixed deposits, money market funds such as WeBull Fullerton fund etc of around 3.5% and above.
  • Low returns
  • 1 month liquidity to redeem your funds may be too long for people who need the funds immediately.

Interesting SSB this month

Do note that if you want to apply, the deadline is 26 Jun 2023, 9pm, with allocation out on 27 Jun 2023, after 3pm. The amount offered is 600 millions.

In my humble opinion, this month should be interesting month for Singapore Saving Bonds. People think Fed may not increase rate in June and the fact that fixed deposit rate are dropping all across the banks which make fixed income hunter/savers worry if the rates will drop further. Some might want to get the chance to lock their money in care rate drop further in a 10-year flexible bonds where they can withdraw the money within 1 month notice. Hence, there may be some interest this month, but I don’t think will be overwhelming.

As for me, I have already created by Singapore Saving Bonds ladder as my emergency fund. I won’t add further. You can try creating bond ladders too. Getting few hundreds every month risk free is great! Instead, I have also been shopping for equities for the past few weeks. See below:

My SSB Bond Ladder

See: Capturing Opportunities in Market Fluctuations: Noteworthy Recent Trades and

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Unlock Lucrative Returns with IAPD: A High-Yield ETF Providing 7% Annual Yield and Quarterly Payouts

Posted on by careyourpresent

Dividends!

Everyone loves dividends! People love distributions which are your regular cashflow like your stable monthly paycheck! Dividends hold a special place in every investor’s heart! Who doesn’t appreciate those regular cashflows that resemble a dependable monthly paycheck? But rather than spending hours on extensive stock picking and research, more and more people are gravitating towards the simplicity of ETF investing. With their low expense ratios and promising dividend returns, these investment vehicles offer a hassle-free alternative for dividend enthusiasts!

iShares Asia Pacific Dividend UCITS ETF (IAPD)

(Information in this article comes from Official Ishare Website and my research.)

Today let me share a very interesting ETF that lies close to the heart of the investors in the Asia Pacific Region! The key investment objective of this fund is to track the performance of an index composed of 50 stocks with leading dividend yields selected from eligible Asia Pacific countries.

Which Index?

The Index measures the performance of the top 50 highest dividend paying companies in the Asia/Pacific region. Companies included in the Index are those that have paid dividends in each of the past three years, have a dividend per share ratio greater than or equal to its three-year average annual dividend per share ratio, have a five year average payout ratio of greater than or equal to two-thirds of the five-year payout ratio of the corresponding Dow Jones country index, or greater than 118%, whichever is greater, a non-negative previous 12 month earnings per share and meet criteria for trading volume. Existing constituents of the Index must also meet criteria for trading volume at each rebalance. The Index is weighted according to dividend yield with individual companies capped at 10%.

But why do people invest in IAPD?

There are 3 key reasons.

  1. Exposure to Asia Pacific companies with the highest dividend yields
  2. Direct investment into 50 listed securities from the Asia Pacific region
  3. regional exposure with a focus on income

Of course, there are other advantages as well, let me share them.

3 Key Advantages of IAPD

  1. The iShares Asia Pacific Dividend UCITS ETF (IAPD) harnesses the potential of dividend-paying stocks, presenting investors with a remarkable chance to earn consistent income. Dividend payments serve as a dependable source of regular returns, making this ETF an appealing choice for investors seeking stability in their investment journey.
  2. Renowned for its great economic growth and innovation, the Asia Pacific region serves as the perfect breeding ground for future opportunities. This ETF taps into this growth potential by including companies from countries like China, Japan, South Korea, Australia, and more. Investors can ride the wave of robust growth in these economies while spreading their investments across diverse markets.
  3. Diversification is a fundamental pillar of successful investing, and the iShares Asia Pacific Dividend UCITS ETF provides precisely that. By investing in a well-balanced portfolio of dividend-paying stocks from various sectors and countries, this ETF offers a shield against individual company performance. Such diversification adds a layer of stability, mitigating the impact of any single stock’s volatility.

Key Ratios of this ETF

Here are some additional details about IAPD (as of 25 May 2023):

  • Inception date: 2 Jun 2006
  • Number of Holdings: 50
  • Net assets: $376.8 millions
  • Gross expense ratio: 0.59%
  • Product Structure: Physical
  • Methodology: Replicated
  • Yield: 7.44%
  • Distribution frequency: Quarterly
  • Domicile: Ireland
  • Currency: U.S. dollars

Top 10 Holdings

Exposure Breakdowns

Wow!

If you look at the above, this ETF looks great! Low expense ratio of 0.59% with 7.44% distributed quarterly. Its component equities are top 50 highest dividend paying companies in the Asia/Pacific region. In term of exposure, it has around 37% in Australia, 29% in Hong Kong, 25% in Japan, 6% in Singapore, 2% in New Zealand. All these are great Asia Pacific countries with great growth!

This ETF helps you to diversify your portfolio such that you don’t need to stock pick yourselves, read annual reports, but buy and hold, or even just DCA monthly and what is the best thing? You will get 7.44% yield quarterly. Assuming that you have invested 100K into this, you would get $7440 per year, $1860 per quarterly, $620 monthly! Wow! $620 monthly passive income!

However…

Let’s look at past performance first. Of course, past performance is not an indication of future performances.

If we analyze the above, not too shabby! You get almost 100% return (annualized 4% return) if you invest since the inception date, not forgetting that peace of mind knowing that your portfolio is well diversified in the Asia Pacific Region.

Compare this with Unlock Lucrative Returns with SDIV: A High-Yield ETF Providing 11% Annual Yield and Monthly Payouts and 4 Dividend ETFs that can let you sleep well even in the scary bear market, which of these ETFs, which ETFs would you buy if you are passive investors that wants some regular cashflow?

For me, I would stick to VWRD.L. What is yours?

BUT…

Undeniability, the iShares Asia Pacific Dividend UCITS ETF still empowers investors to tap into the income-generating potential of dividend-paying stocks across the thriving Asia Pacific region. This ETF offers a compelling opportunity for investors seeking income generation and long-term growth. Whether you are a long-term investor looking for regular income or aiming to diversify your portfolio with exposure to Asia Pacific’s dividend opportunities, this ETF can prove to be a valuable addition to your investment strategy.

Disclaimer: Investing in the iShares Asia Pacific Dividend UCITS ETF carries inherent market risks, including the possibility of losing your principal investment. The information provided in this article is intended for informational purposes only and should not be construed as investment advice. Investors should conduct their own extensive research and consult with a qualified financial advisor before making any investment decisions.

1 Day left to Free Money!

Don’t forget 1 day left to free Money.

Click here to register a new account with WeBull to Use S$0.01 to earn US$50 to US$500 and chance to win Tesla Model 3 Car!

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Capturing Opportunities in Market Fluctuations: Noteworthy Recent Trades

Posted on by careyourpresent

Volatility

There are many news on the recent US debt ceilings. Hence the treasury yields have been raising, people are also worrying about recession risks. At such macro conditions, the best thing to do is to buy assets that are of cheap and decent yields, especially if you are a dividend investors.

See the table below? The last time REITs drop was 10 years yield about 3.9%, but I guess people are used to the talk about interest rates, hence this time didn’t drop much.

This time is different

Many think that this time is different, but it is the same for me. I just buy and slowly dca down when I feel that the price and yield is right. I am aiming about 5-6% yields for good companies.

Pictures speak a thousand words. Action speaks louder than words. Please do your due diligence.

For Mapletree Industrial Trust, the Private Placement price is priced at the higher range, this is different from the other recent corporate actions. The yield is about 6% pro forma. Hence I bought some and hope the price will drop lower after xD next week so that I can accumulate more.

Boustead is high netcash company with NAV much higher than the price of $80. Their recent offer for Boustead Project is at $0.955 which is so much lower than the RNAV. Likely it will book good positive goodwill and up EPS after the results coming out tonight.

Netlink post good results with yield at 5.7% why not?

With the above purchases, I am still holding about 55% cash with monthly cashflow still coming in. I am prepared to average down if needed. (hopefully got chance!)

Grab Free Money while still have!

Lastly, don’t forget to Grab the Free Money while you still have (see this article)!

I have shared this before many times.

You only need to put in S$0.01 to earn at least SGD$70+ worth of free money. Why not? I have already received my $75.16 and got my spouse to apply too and get another $70+. In total we get free $150 by using Two Singapore Cents with little efforts, why not?

You can refer to my previous post on how to sign up easily! (Webull New Offer: Use S$0.01 to earn US$50 to US$500 and chance to win Tesla Model 3 Car)

However, for the welcome referral to use S$0.01 to earn US$50 to US$500 will ends on 31 May 2023, 15.59, Singapore Time. Less than 1 week left! I not sure if the free money promotion will extend, but I won’t take my chance to get any free money!

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂