SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore

Ok interest earned was $21,795. 12.5k from RA, 2.5 from MA and 6.6k from OA and balance from SA. Total balance now $657,143. Interest looks enticing (no pun there). The part the sucks for US citizens is that it'll all be taxed, so that's at least 1/3 out if one is above the exclusion/deduction limi...

Great reminder, thanks PNGMK. An additional nuance comes to mind. If your MA is already maxed at 63k, then top back up to 63k as soon as there is a withdrawal, for example, when your IP or MediShield plan deducts, but before your next employment monthly contribution is made (else it will be channele...

Good reminder PNGMK, thanks. Another consideration is when banks/other websites sometimes ask backup security questions such first job company city or year. A hacker can get such info from a public Linkedin profile. So I prefer to keep mine representative but not necessarily exact and choose alterna...

EVs are extremely reliable mechanically and performance wise. 20 moving parts compared to 2000 in an IC engine car. If the battery warranty coincided with COE validity, it'd completely derisk EV in Singapore. Having said that, given that battery is most expensive part, I think we could see a subscri...

Some Chatsworth teaching staff don't seem to set a great example for the students there either:
https://www.straitstimes.com/singapore/ ... d-multiple

Thanks for starting this very useful and timely thread, PNGMK and malcontent. One doubt I had below: Remember to top up your CPF accounts today to take full advantage of: - tax savings for the medisave account (current limit $60,000). - On Jan 1 you can top up as above with adjusted limits to earn f...

Wd40 wrote: ↑

Tue, 22 Dec 2020 12:28 am

The advantage of Singapore is low income tax and zero capital gains tax. So it is a good place to grow your retirement corpus. That is the only solace for lack of PR.

I believe Singapore has a similar overall tax burden so what one is not paying in direct tax is eventually by way of indirect tax

With reference to my original post and borrower who refused return, looks like the man is in the news for more similar reasons =D> http://www.straitstimes.com/lifestyle/arts/artists-owed-up-to-1m-worth-of-artworks-by-singapore-art-gallery-mandala-fine-art Well. It wasn't my money. The original post...

IBKR is a slow and ugly platform. I should clarify I want to trade /ES (S&P Mini Futures). They are on IBRK (not on Saxo). Does Tastyworks do that? Yes. Although I haven't tried options. I opened the account bec Tastyworks and TDA are the only platforms that'll take US citizens without US address. ...

Tastyworks is cheaper in terms of commissions for US stocks and options. Their trending tools aren't great though

He may have done a runner. It seems that in most countries, sufficiently non-high-profile people with the means manage to find a way to quietly rid themselves from society. This way the legal system also wont have to waste time on their sorry ass (pun intended in this case)

However, to my surprise, WFH has actually suited me well in terms of being productive. And I don't even have proper working space - my 'office' is the kitchen table. My day-to-day work doesn't require that much interaction with people that can't be achieved via email and video/call conference. BUT....

I guess I felt particularly strongly about this case because my dog used to play with Loki at the dog park, both being boisterous cheerful competitive dogs. And Loki was friendly whenever I patted him. The owner would sometimes twist Loki's ears till he yelped if he was unruly, but Loki never tried ...

This Danish couple's actions in Singapore are despicable by any standards, and more so because Denmark has one of the world's most guarded animal rights legislation. https://mothership.sg/2020/05/louis-ng-euthanasia-loki/ https://www.onlinecitizenasia.com/2020/05/07/netizens-outraged-after-pet-owner...

Further to the conversation in this thread, 2 brokers that allow US citizens living in Singapore to open trading accounts are: TD Ameritrade (more user friendly interface but higher commissions); and Tastyworks (a bit complex to use,targeted at options traders, but lower commissions) Both are regist...