QUOTE(Wolves @ Jul 31 2022, 05:42 PM)
Yes. I tend to read as much as possible before asking. 73 something pages are ok. I read up to few hundreds before but don't comment coz usually lost interested after a few hundred threads but this one is really what i needed.

Singapore reits is something i want to look into. Thank you very very very much. I been thinking to diversify to other country coz lately i see the issue in Malaysia i am very very very worried. So been on my mind to look "outside" of Malaysia and into Singapore but so far i only found one which gives 5% plus return a year (last year and consider good coz of the economy situations) and had gone up to 10% before. The only problem is i have to personally fly there to open account

so been put on hold until i see the chance to holiday there (if ever). REITS is another category i am actually interested to diversify in and your comment is really good news to me

thank you boss and yes i read your comments too. Was thinking of approaching you in pm to ask guidance

right now not much cash so i put it on hold first so have not approach you yet. I also saw your comments in stashaway thread (i actually looking at stashaway and jump here from there coz kdi kept getting mentioned there). Just lost a lot of money playing some very risky "new stuff" so very very burnt hands and hence looking at this money market fund for now.
If you have CIMB my bank account, very easy to open CIMB sg account. All can be done via online.
If you don't have CIMB, you can use Maybank. Difference is CIMB sg does not require lockup of sgd500 while Maybank sg needs you to lock up sgd500 or else there's a monthly fall below fees of sgd2.00/month.
Another difference is Maybank sg application better to do it via certain Maybank branch in Malaysia.
So actually you don't need to fly there. You fly there only if you want pure sg bank account and not a Malaysian bank which operate in Singapore. But if you want convenient, just pick either CIMB or Maybank sg as your sg bank.
Btw, you need to choose where you want to invest. If you don't have enough money, choose your investment wisely. If you have lots of money, no issue. A lesson I learned. I was too diversified. Everything also I want to buy.
This post has been edited by Ramjade: Jul 31 2022, 06:56 PM