Best mmf in sg is by endowus. But you need agd10k min. Pretty expensive. They claimed their dimension funds can outperform S&P500.

For me I am skeptical and I trust ARK.

Depend on what you want to use the money in SG for. Some silly people keep cash only in SG and don't do anything with it.

If want to keep cash only, forget about opening SG bank account. Just dump it all in EPF (RM 60k/year). Money in EPF will easily best money in SG bank account.

Some use it to buy unit trust. Platform for it is
https://unittrust.poems.com.sg/. Avoid FSM for unit trust. They charge you quarterly just for buying unit result with them while there's no such charges with POEMS.

Some use it for robo.
There are plenty of option for robo.
- stashaway
- endowus
- syfe
- autowealth

Robo is for
1) lazy People and
2) people who don't know what they are doing and just want somewhere to park their money.
You are basically paying a middle man (the robos) to buy ETF for you which is a stupid thing to do (cause you can DIY and it's cheaper which means you have more money over long term)
Personally I avoid robo at all cost and I always tell people to avoid robo at all cost. (What's so difficult opening a overseas stock brokerage and deposit money in every month?)

Some use it for stocks.
You can buy sg stocks but get ready to lose money. Majority of the business in sg are lousy and get ready to lose money as investor. Sg market is only good for reits and banks. Nothing more.
Platform for buying sg stocks are
- FSM SG
- Tiger broker.

Some use it to buy international stocks.
Some use it as a stepping stone to overseas stock because SGD is more important international than our RM..
This is where the magic starts.
I personally recommend buying international stocks.
More info can visit
https://ringgitfreedom.com/2020/11/13/journ...onal-brokerage/

If you are looking into investing in stocks, know what kind of investor your are.
i) dividend Investor
- you invest for extra money every month
ii) growth investor
- you invest hoping to multiply your original money but most of the time you won't get paid.a single cent unless you sell
iii) trader
- you are looking to make a quite buck by buying and selling within a few hours to few days.
iv) speculator
- where stock market is your casino

I use blogs and youtube. These are what I used last time.
Read this. I read all of it when I started out. No one teach me anything.
I learned mostly from blogs and forums

For starters kindly read this
1. https://singaporeanstocksinvestor.blogspot.com/
(see all the link at the side, read all of them)
2. https://investmentmoats.com/stock-market-in...ting-resources/
3. https://stestocksinvestingjourney.blogspot....f-dividend.html
4.
https://stestocksinvestingjourney.blogspot....-of-saving.html
5. https://stestocksinvestingjourney.blogspot....out-me-ste.html
6. https://www.mrfreeat33.com/my-story/
7. https://www.mrtakoescapes.com/farmers-hunte...l-independence/
8. https://www.mrtakoescapes.com/love-big-fat-cash-pile/


There's no versa for sg. The closest to versa returns is endowus.

Do not waste your SGD on money market fund.

Off topic (if allowed), but curious about your views on 2)
If we deposit money monthly to buy ETFs wouldn't that incur repeated currency conversion (same for robo, but conversion in brokerage might be higher % if sum is low?) and expensive brokerage trade commissions?

Come on la. If you use pure Interactive broker, it's only going to cost you USD2.00/currency conversion (regardless how large is the amount) and USD0.35/transaction which is equal USD2.35 per month. Of course it's recommended to do transactions of say USD2k to bring down the % paid in commision commision.

If you use whitelabels it's only going to cost you USD 2.00 (conversion fees) + USD1.50/transaction.

What I do is I collect until RM12k then convert my money.

https://www.quora.com/What-are-the-rules-fo...f874&srid=5nApp

Thanks.
What is your view on this(extracted from article above)?

If you are non-American it is best to get access to US Markets with funds domiciled outside the US.
For example, regardless of whether you are a DIY investor or going through an advisor, it is best to invest in a non-US platform (say SwissQuote, Saxo or whatever) rather than a US platform (Interactive Brokers, eToro as an example).

Nope. Still go with US. You can bypass 30 dividend tax by selling options.

Bros,... sometimes,... this competition thing is overblown,... I'm just thinking if there's a better way to make a good living out there without having to compete hard, we just have to find that way.

There are many ways to make a good living. You are restricted by your ethics, by your culture and heritage, by your connections, and sometimes by your capability.

But when you find a way, what do you do with the other people who are using the same way? 'Blue ocean strategy' only works until a bigger shark than you comes along. So no matter what you must grow to become a shark.

I rather be a whale piggybacking on a shark

may i know what are the sg reits & banks in sgx that's good for dividend yield ?
which platform would you recommend for sgx market ? tiger broker ?

I advised my children to capitalise on all which are within their circles of influence/ctrl,... and to be observant of events ard them,.... then their etiquette and their principles in life will guide them further.

IT's okay even if a bigger shark comes along,... there are fields whereby f there is a bigger shark out there, it bodes well rather than be detrimental to us.

How many days it takes for the amount to be reflected in CIMB Singapore Fast Saver Account , from the moment transfer is initiated in CIMB clicks Malaysia ? Considering transfer is to own account.

Tried to use Moneymatch for my transfers from CIMB MY to CIMB SG. Was asked to provide proof of SG Residence but I'm not staying there. Anyone has any solution to that?

use instarem, transferwise, sunway money or bigpay instead?

I didn't know was possible with Bigpay, will try that. Thanks man!

I just put savings.

Tried linking my CIMB with CIMB SG, got the reference number but when I check the status, there is nothing, not even 'in progress' or whatever that is suppose to show up. Is that normal or should I be concerned?

It will be reflected later.

Hi bros and sis',.... I recalled reading somewhere among these threads that some investors here who are more risk-averse wanted 'safer' investments for their Singapore Dollar cash holdings. Following is a good option to consider.

The subscription amt is NOT 250k SGD minimum and you can invest on lower amts. These bonds will be listed on the exchange for easier buying and selling.

https://www.dealstreetasia.com/stories/tema..._eid=a9c42462b1

Thanks. It is working now

Want ask what's the cheapest way to bring sgd back to myr?

Via cimb acc..

Pls advise... Tq