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  • 💰 Looking for budget 101 help? Just can't seem to grow your savings any further? Start a conversation here or feel free to dish some experiences of your own!

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  • Hi,
    I am digiportfolio newbie here, just opened account and set money ($1K) to Asia. What should I do next? Wait 5-10 years for returns? Is there chance I will lose all my $1K in my portfolio?
    Thanks

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  • Click here to join the week-long AMA with the DBS Funds Team!

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  • What are some implications of the Cyberspace Administration of China’s (CAC) action to set up a regulatory foundation on the world’s second largest economy as it continues with its digital transformation and technology reforms?

    Mainland China’s New Economy, media, and education sectors have recently faced selling pressure. However, the silver lining from the policy stance in tightening the rules on China companies seeking listing in the ADR platform is that local firms are now encouraged to list closer to home, broadening the investment offerings in the onshore capital markets of Shanghai and Hong Kong. Read the full CIO Weekly report here.

    Watch this 2-min short summary on the report.
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    THE DBS CIO OFFICE ADVOCATES…

    For investors stay the course as the CIO remains constructive on the tech sector of strategic importance such as upstream technology, green energy, e-Commerce, leading health care and software applications.

    What is an ADR? American Depositary Receipt (ADR) is a security created by a U.S. bank that evidences ownership to a specified number of shares of a foreign security held in a depository in the issuing company's country of domicile.

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  • JUST A THOUGHT HERE - With the influx of new trading platforms, many seem to dive right into trading. Any tips for new investors on what they might be missing/should know beforehand?

    Community members have talked about their first investment experiences. Just scan through the posts here and on our other online spaces and you'll spot and learn from them!

    For those who might be considering casting a wider net to diversify your investments, or hope to get started, this might come in useful.<go.dbs.com/3kdGDUY>

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  • It might not be too long ago for some but earning and saving your first S$10k is a milestone we should all remember! More importantly...

    Do you remember how you managed that? Invest? Splurged on a holiday? Kick-started a small business? 🤔

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  • In a recent article, Straits Times reported that 1 in 2 of those who used CPF to invest ended up seeing losses.

    Knowing what you know, would you hedge against the odds or play it cool?

    CPF 5 JUL 2021.jpg
    Credit: CPF

    Check out the full CPFIS-OA report for 2020 here <bit.ly/3dH82ui>. For your research and quick learning, here's a timely video on how you can make your CPF monies work for you.

    CPF Video 5 JUL 2021.jpg

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  • Read all about asset allocation for the third quarter of 2021 coming hot off the press from the DBS Chief Investment Office.<https://go.dbs.com/3hvJeqc>

    With valiant vaccination efforts globally, we are beginning to see encouraging signs of normalcy. The V-shaped economic recovery and surging commodity prices have brought inflation fears and debates to the table.

    Watch this 3-mins Q3 CIO Insights by DBS Head of Chief Investment Office, Hou Wey Fook for a quick summary.

    3Q21 - Hope Into Reality.PNG

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  • Hi,
    I would like to know how to link my Krisflyer account to my DBS credit card?
    It is not explained anywhere in the DBS portal. So I am not able to redeem my rewards.
    Thanks for your help!
    Adele

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  • Happy to share that we've some students and young adults coming in from the DBS Students Only telegram. Welcome, welcome! We've got some beginner-friendly tips to start you personal financial journey now.

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    🎯 Set up a solid long term goal and hold yourself accountable
    There is no way that you'll one day wake up with everything you need without proper planning. This is where goal-setting and routine check-in take place. Please consider: the inflation rate, possible protection gaps, money for leisure and retirement. Use NAV Planner, a handy planning tool within your digibank app to help gain some perspective. Have your phone on you? Just log into digibank and hit 'Plan'!

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    💹 Investing? Hold your horses
    Proceed with caution ONLY AFTER you've accrued at least 6 months of emergency savings (that you do not plan to touch for everyday use). Learn to observe and weigh out your risks. Once confident, aim to have Invested Assets to Net Worth ratio (Assets - Liabilities) of at least 50%. Sounds complicated? It doesn't have to be - get started with a Regular Savings Plan or explore DBS digiPortfolio.

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    Top up your parents' CPF accounts
    Maximise their nest egg and get some tax relief for yours. Get dollar-for-dollar match into the Retirement Account (RA) with Matched Retirement Savings Scheme (MRSS) to help senior Singaporeans to meet their Basic Retirement Sum (BRS).

    **🙋‍♀️ Admin's note: ** If you're new here, take some time to learn (or refresh!) yourself with financial planning concepts that you might have come across previously. Having some foresight to work on your finances now can help with easing the burdens Future You might have down the road. Stay resilient, everybody!

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  • I'm not sure if it's the WFH situation or what, but my impulse buying trend has gone up 😕, and this doesn't count the things we really need at home (groceries, replacing damaged item, etc). Any tips on how to stick to the budget and keep that impulse in control?

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  • Any fun ways to help budgeting?

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  • Wondering if most ppl out there find investment in US market more attractive than investing in SG market?

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  • Savings, Investments, Insurance, Expenses, etc etc. What is the optimal weightage i should be looking at?

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  • Will risk premiums tighten more/faster than base rate widening?

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  • already have one

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  • how much of % of your salary do you allocate to insurance?

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  • If I already have ongoing subscription for Nikko AM STI ETF which cannot be considered under the "investment" category for Multiplier, am I still eligible for the higher interest rates once I subscribe to ABF SG Bond Fund?

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  • There are many functionalities in the Plan feature of digibank, such as:

    Connect other financial accounts from other banks Set budgets Monitor goals Planning for retirement
    and many more...

    Which feature(s) do you use? Any comments?

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