When you need to go out for essential reasons (e.g. to go to the supermarket), take public transport. spend less than 45 minutes at each location, and your trip could be counted as a single journey rather than two-way (cheaper!)

for this hack to work, u need to make sure there is more than 1 way to get to/from your location, as you cannot take the same bus back. you cannot also exit and enter the same mrt station.

example
home --> bus 88 --> destination (max 45 min) --> mrt --> home. $1.22
home --> bus 88 --> destination --> bus 88 --> home. $1.84

Buy unit trusts with DBS and sign up for POSB Cashback Bonus on your deposit account to get 3% cashback on your investment! Literally getting paid to invest.

Owning for sure. When you rent, the money is never going to come back. Unless there are some special reasons for wanting to move out of your childhood home (e.g. bad relations with family, moving abroad, etc), renting is always a bad idea. The money can be put to better use (investments, for example) while saving up for a home to buy and call your own.

Assuming there are no cash flow issues, is it advisable to pay fully with cash upfront for a property?

Hopping around all the hawker centres around Chinatown! Can never get bored when there are so many food options! And you get to support your favourite kopitiam uncles and aunties who pamper you with bigger portions / extra ingredients

Buy (or order) food in bulk, and freeze them for later consumption.

1. save on delivery fees or transport fees.
2. avoid having to leave home as much as possible.
3. avoid covid.
4. save your money, save your life.

Buy unit trusts with DBS and sign up for POSB Cashback Bonus on your deposit account to get 3% cashback on your investment! Literally getting paid to invest.

How frequently should we review our unit trust holdings? And how should we go about doing it?

When you need to go out for essential reasons (e.g. to go to the supermarket), take public transport. spend less than 45 minutes at each location, and your trip could be counted as a single journey rather than two-way (cheaper!)

for this hack to work, u need to make sure there is more than 1 way to get to/from your location, as you cannot take the same bus back. you cannot also exit and enter the same mrt station.

example
home --> bus 88 --> destination (max 45 min) --> mrt --> home. $1.22
home --> bus 88 --> destination --> bus 88 --> home. $1.84

DCA - Dollar Cost Averaging
REIT - Real Estate Investment Trust
IPO - Initial Public Offering
ROE - Return On Equity
CDP - Central Depository
EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
ROI - Return On Investment
FOREX - Foreign Exchange
NAV - Net Asset Value
ETF - Exchange Traded Fund

@ccwei Singlife is definitely a good option.