Hello, folks! Our DBS B'day contest is now closed and we have our winners! All your submissions were fun to read - you guys are so creative!

Congratulations, @koolk1d , @Rohith , @Shineaslights, @brownbear32, @Contactcookie, @Nick, @Gnauhceey for the best guesses!

Not to forget, some honorable mentions to celebrate your creativity @Alphaalpha, @Paulcsc, @3xistence.

All 10 of you will receive limited edition community swag: 'The Burrow' branded invisible laptop stand! We will contact you via your DBS-registered email by Monday, 19 July 2021. Lookout for that!

Some of you might have joined our little bingo challenge last year.<bit.ly/2SJcly6> Excited to introduce an exciting new update, bigger and better than ever:

DBS Bingo go.dbs.com/365zoWS

3 different 'patterns' to win

1. Complete D, B, S, or X (DBS Spark)
2. The traditional 5 consecutive tiles
3. Weekly wildcard challenges

Bingo tile actions you have completed from 1 Jan - 31 Jul 2021 will be counted, so you might already be way ahead of the game!

• Submit as many times as you want
  Winners will be selected via a lucky draw - the more times you submit, the higher your chances of winning!

The Burrow Exclusive - Secure a SURE WIN gift!
Submitting your completed bingo?

• Click on 'SAVE YOUR BOARD AND SHARE IT WITH FRIENDS!' on the main Bingo site to save the Bingo picture.
• Submit your completed Bingo card in this thread. One completed card is one entry!

The top 2 members with the most number of BINGO boards shared below will receive S$60 Takashimaya vouchers!

Make sure to check back on this thread to not miss out, as we'll be posting all bingo-related updates here.

#hearitfirst! Last year, over 100+ of you shared your first insurance journey.

Because of you, we kick-started development for a brand new starter pack that provides:

1. Essential coverage ️
2. Low premiums ️
   The next gen of first-insurance-buyers will thank you! 🤩

Be one of the first 30 to help share your thoughts here <forms.office.com/r/s4XC0bwU55> to stand a chance for more food-deliveries with a $10 foodpanda voucher*!

*Terms and Conditions apply. Applicable for use only with DBS/POSB Cards.

Did you know?
You can create a 'The Burrow' tile on your mobile device to easily come back and engage in the conversations you love easily. Check out the steps below!

Hello @Winwin ! No I am not a bot...heh. Apologise for the slow replies as it's our small team squirrelling away to answer each and every one of you.

In the meantime, so happy you're back! We do seek your patience - more to come including exclusive AMAs with some product experts...keep your eyes peeled.

Our quick-fire contest is now closed! One abbreviation that surprisingly got you was ROI. Check out the jargon breakdown HERE. #themoreyouknow

Congratulations our first 30 members with the correct answers! Winners will be contacted by 19 July 2021 via their DBS-registered email. Make sure to check your inbox!

@HA
@damz
@Chuanbin
@mint
@ak
@Hicksian
@Qirui
@brownbear32
@bryan
@Twz
@KevinTan
@Heidi
@ChrisChc
@TC
@sjh1993
@msixism
@Audreykjy
@falabella
@abraham
@Eugene
@Rohith
@jeegley
@Meaning
@Evansusu
@suren
@nic
@jztoh
@Gladys97
@Jasmine
@GL

Announcements
Find #hearitfirst updates from our community managers, get first dibs on banking news, and even partake in a special project or two whenever they come along. Keep your eyes peeled here!

Improve How I Manage My Money
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!

Grow & Protect My Nest Egg
Whether you have idle funds you'd like to optimise, or looking for advice to get covered against the unforeseen - you're in the right place.

My Home and I
Building your own sanctuary is a dream. Now let's talk about the realities: everything it costs to get there.

Ready for Retirement
Your golden years may still be a diamond in the rough. Let's chat about everything from government schemes to estate planning, and help you reach that future you deserve.

Kids & Family Matters
Parents, assemble! Trade tips on growing wealth as a family, teaching good financial literacy habits to your kids...and support one another through the good and not-so-good times!

Banking Help & Support
Need a little help with your banking? Drop your questions here and our friendly Customer Service Team will get back to you ASAP.

Did you know? We have self-help AND digital banking resources that may just have what you need as well:

1️⃣ Self Service <go.dbs.com/selfservice-tbw>
2️⃣ Help & Support Guides <go.dbs.com/helpsupport-tbw>
3️⃣ Digital banking services <go.dbs.com/digiservices-tbw>

Everything Fun
We're a community that knows how to have a good time. Get first dibs on contests, giveaways and events here. They're community exclusives, so make sure to invite a new family member/friend to come join The Burrow!

Many of us understand the investment vehicle is one ride to get on to ensure a financially secure life for the present and future. Exchange Traded Funds (ETFs) are a popular investment tool – time for a refresher on what they can truly do for your portfolio!

In collaboration with Singapore Exchange (SGX), join The Burrow Community for an engaging evening as we deep-dive into the investment fund! This free event is perfect for both beginners and intermediate investors – come as you are, and leave knowing more!

SIGN UP NOW!

Note: This contest is exclusively for new Burrow members who joined us from the 'DBS For Young Adults' Telegram channel. But anyone is free to share their thoughts!

To celebrate our Telegram channel's 1st birthday, we're giving away a S$10 eCapitaVoucher to the first 50 Telegram friends who share...

What is the NUMBER ONE money lesson you hope to learn? Comment below!

Only for the first 50 'DBS For Young Adults' Telegram subscribers who register as a new The Burrow member as of 28 Jun 2021, 07:00PM. Contest closes 11:59PM on 30 Jun 2021. Eligible winners will be contacted via email by 30 Jun 2021. Community Managers reserve the right to determine the eligibility of Participants.

Hi @getitgt! Ah the perils of parenting - one of our community managers is a mum herself, so we've chatted about this topic before. Here's what she has to share:

"I think every parent would want to cover their child's education if they could afford to! However, it's not always the most ideal situation especially if one is working towards his/her own golden years. These days, it is also best to not rely on children as a 'retirement plan'.

A popular option for parents is to start with an endowment plan early that helps to protect savings, while making sure savings are in an account that yields the highest possible interest. This may be tough these days given the low-interest rate environment, so if you haven't already - strong encourage to consider investing in unit trusts, bonds, equities or Exchange Traded Funds (ETFs).

A good way to kickstart your child's financial literacy is sharing some ways he/she has to 'pay you back' if you're helping out first:

• If using your CPF drawn under the CPF Education Scheme, this is to be paid back by your child with interest into your CPF account

• If paying with your own cash upfront, work out a plan between both of you so that your child is responsible for paying you back once he/she starts working. This also gives them the responsibility to budget and account for repayments, food, transport, and so on, when they start working!

Of course, if your child is able to cope with studying/working part-time, it doesn't hurt to pick up some real-life experience while earning some money while they're at it. Good luck! "

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

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

Another month has passed and we're now closer to 2022 than 2021! Let's keep our chins up and enjoy every moment life has to offer #LifeisSweet Without further ado, announcing the month's most helpful, witty and wise members!

1. The Burrow (online home)

• @StClement

2. The Burrow (Facebook)

• Ng Chek Hock

• Shao Khean Wong

3. POSB Parents (Facebook)

• Joanne Luo

Email us at [email protected] with a screenshot of this post by 10 August 2021 (Monday) and we'll send you a small token of appreciation. Keep it up folks, we empower you to share the knowledge!

RAISE YOUR CHANCES TO BE FEATURED ON OUR HALL OF FAME BY:
(a) Value-adding in conversations. Start here
(b) Keeping our community safe by identifying yourself <go.dbs.com/community-identify>

Answer: False. In the June NAV Insights newsletter, the dgP team shares the importance of identifying appropriate benchmarks for your investments. This may help to provide a better sense of your returns versus simply comparing investments against one another. Click here to view the full report.

WHAT IS FUND FACTS?
This is a new fortnightly segment where we share anything and everything related to investments here - quarterly fund reports, digestible reads by DBS product teams, learning resources for newbies and more! #growwiththeburrow

Pssst, the opportunity to ask questions to our in-house topic experts will come knocking at your door real soon. Keep an eye out and you might get rewarded!

Got a quick hack that could be good for the community? Share below!

May the best hack win. #ChairingIsCaring

Here comes another giveaway 🪑 The Burrow (SG’s first bank-led community) is giving your back a break. Stand to win an ErgoTune Supreme chair (worth S$599) as a reward!

How to join in 2-steps!

• Leave your best #WFH money hacks in the comments below

• Make sure to subscribe to The Burrow channel on Telegram

The winner will be notified by 11 August 2021 via their DBS-registered email. The Burrow by DBS reserves the right to vary these Terms and Conditions or suspend or terminate the Promotion without any notice or liability to any party. Click to read the Terms and Conditions .

Are you single ‍️ and ready to fly the coop? Or looking to settle down with your life partner and begin a new chapter ?

Here's a quick view of differences between the two to aid your decision-making.

Here's the links to the resources we shared above:

• DBS Marketplace: Property

• Should you get a HDB, EC or go private?

• 5 tips for first-time home buyers

• Single's guide to buying a HDB flat

• 5 things to lookout for in the Tenancy Agreement

Take notes and share with your loved ones! Keep the less tech-savvy ones in the loop reminding them to be wary of numbers they do not recognise. Prevention is better than cure - let's stay vigilant, everyone!

input options here

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.

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.