0.4 per cent
If you already know all there is to know about ETFs and index funds, feel free to skip straight to the ETF section by clicking on the name of the ETF you like.
Otherwise, read on for some 101s on what on earth this whole ETF thing is about.
Why would you invest in ETFs in Singapore?
Okay, so you probably know that you can buy stocks or shares in companies, right?
For example, you can buy a bunch of Singtel shares in the hopes that the share price will go up in the future, and/or Singtel will share their profits with you in the form of juicy dividends.
4.7 per cent
The total dividend yield given last year gives a pretty good gauge of how much investors can expect to receive in the following year.
However, 2020 was hardly an ordinary year. Banks had to cap their dividends per share for FY2020 at 60 per cent of FY2019’s dividend per share. Shareholders were also given the option to take scrip instead of cash.
Let’s take a closer look at these three banks and how you can invest in their stocks.
1. DBS
Leading the pack is DBS bank. For the third year in a row, DBS was named the ‘Best Bank in the World’.
Dec 31, 2021
Tiger Brokers: $10 cash reward for new sign-ups
Home-grown trading platform Tiger Brokers offers a mix of Singapore stocks, ETFs and REITs, as well as selections from popular global markets such as US, China and Australia.
They also offer a mix of indices, commodities, bonds and futures, so there’s something for investors of all appetites and experience levels.
Tiger Brokers sets very attractive pricing for its fees, starting at USD 1 cent per share for US stocks and ETFs, while service fees for Hong Kong, China, Australia and Singapore range from 0.06 per cent to 0.10 per cent of trade value.
With such low rates and access to popular trading markets and products, Tiger Brokers is a good choice to start your trading journey.
December 25, 2020
Nat Ho.
Instagram/iamnatho
At 27, I found myself with only $16 in my bank account. Here’s my story of how I bounced back, and the financial lessons I learnt along the way.
I’m now 36, and I’ve completely turned my life around financially. But things weren’t rose-tinted just a decade back.
It all started when I was at the peak of my acting career and wanted to do something different. I decided to branch out into singing it was something I’d always wanted to explore and pursue.
After all, I was one of the Top 30 contestants in 2004’s Singapore Idol and had been trained as a singer and dancer in the Music and Drama Company while serving National Service. I knew I had to go give it a try.
December 19, 2020
The Business Times
While it s great to have a savings account, it s not news that typical savings account interest rates are quite low, making it tough to make a considerable return by just having your money lie there.
Whether you have a lot of savings or not too much, there are several ways you can put your money to work to plan for your future. We listed four great ways to grow your savings faster in a little-to-no-risk environment.
1. Open a Regular Savings Plan account
Regular Savings Plans (RSPs) are great for those looking for high returns over a short period of time. This is because the money that you put in monthly is invested into the stock market, so both your account and the interest earned on it grow in tandem.