There is even more stuff of GIGA customers now. Now this is rather interesting on how they are developing as a company. First come first serve.
GIGA – A Subsidiary of Starhub
This is pretty cool now although i’m not quite sure if I am within the first few who applied for the OCBC Frank Credit Card. I’m not really a fan of OCBC cards as they are generally very traditional and they do not go out that much to get the deals or promotions as much as the other cards do.
Benefits of the FRANK Credit Card
They have this collaboration about giga’s perfect match with the following:
a. Unlock 6% cashback with the all-new FRANK credit card on online spends, grocery shopping and retail therapy (Using Samsung Pay, Apple Pay, Fitbit Pay, Garmin Pay or Google Pay)
b. S$50 giga bucks as credit to deduct off your monthly giga telephone bills within 2 months upon card approval.
c. Minimum monthly eligible spend of S$600 (online or offline and get S$75 back a month)
The GIGA offer is limited to the first 1,000 sign-ups and valid until 31 October 2020 so do find out more before application.
**You have to be a new to FRANK Credit Card member to apply though.
More Perks
On the side, You can also leave a Facebook Review on GIGA’s office Facebook page (Here: https://www.facebook.com/gigaexperience/) and stand to win a S$10 Grabfood Voucher.
Nothing is for free. There will be a small registration fee for the SIM card. You also need to choose the date of delivery of your SIM card. However, you can use a referral code to supplement the discount. You will get a discount if you use my referral code – “LhS9Ng”. The referral credit is only valid for any plans except the basic $10 GIGA plans.
Singapore Reits is something that many Singaporeans understand and take heart to. Some folks actually build their income/passive income via this source and I can see why.
My take on Reits on SGX
a. First it is based in Singapore – There is this local bias that it can do well given most people like to see for themselves if the malls are working out well in terms of retail quality, crowd, spending and how many shops are still in business.
b. SGD payouts avoids the currency risks. For a retiree or someone drawing on income from dividends, this payouts serve as a source of bill payment.
c. An alternative and cheaper way to enter the real estate market in Singapore is really through the reits/stock exchange. I know that people will argue that it is different but technically in my view, it is the same (And you do not need to pay stamp duties, get a mortgage and pay sales charges)
d. It is more liquid than real estate.
For a long time now, Reits have been growing big and popular within the investing community. Again, all investments comes with risks – Most people have more comfort in dealing with things they can see or get a sense of. For a long time, there have been plenty of wins for reits but as you can also see, the Circuit Breaker period in April through May have affected them in a way or another.
Diversification?
So again diversification is key to investing once more. If you put all your eggs into the Reits for passive income, then with such dividend cuts your bottom line is definitely affected. Currently, it doesn’t seem like this Covid situation is going back down or slow down whatsoever so dividend cuts is going to be prolonged in order to save businesses and jobs. Then again, there are certain sectors who might see a booming business such as Data Centres or even certain suburban reits. Sub-urban malls are definitely crowded but the former shopping aisles in orchard and high end malls are definitely missing the tourist crowd which rakes in the cash and spending. It is no wonder why people are worried about their livelihoods.
It is not all doom and gloom. Sectors will emerge while some will recover. It is definitely time to pick up some if you did not have any. The idea is to really have a long-term goals when you pick a stock and stay disciplined. Once you sell it off, you may never be able to pick back the company at their valuations again.
The Passive or Lazy Choice
If you are lazy, let Robo-advisors do the trick for you. For e.g. Syfe. https://www.syfe.com/ Initially i only took on the Reit+ portfolio some time in April 2020 to test it out so that I do not need to manage the portfolio and incur those trading fees. They have expanded other products such as a Global ARI portfolio (Long term investment into equity,bonds and commodities) and Equity100 portfolio which is 100% into global Equity ETF (US and UK listed ETFs)
Auto-rebalancing
Syfe has invented their ARI (Automated Risk Investing) methodology, which is a risk-based rebalancing strategy, which changes the allocations of your portfolio according to changes in risks in the market in order to limit your losses. In short, once it triggers a certain level, the system will trigger an alert and things start to sell off to re-allocate. It also means that over the longer term, you will naturally see a better performance of the portfolio.
Every rebalancing of course depends on what portfolio you choose from so everyone is different. I personally like the idea of investing into a portfolio of reits instead of picking it on my own. In terms of fees, it depends on your investment amount with them.
This is not a sponsored post. This is purely my own opinion after using their service and/or products. If you like what you are seeing, do remember to check they out and do your diligence. There is no one size fits all investment strategy.
There is an ongoing promotion for National Day 2020 – That is a 1-Year complimentary membership for Gallery Insider. It is really good to see companies doing their part to make art and increase activities locally.
Reading directly from the website at https://www.nationalgallery.sg/support/join/membership, it says that Gallery Insider is an annual membership programme. Insiders get unlimited access to their dynamic line-up of exhibitions, as well as privileges and discounts for selected programmes, unique museum merchandise and the Gallery’s culinary offerings. Sounds not too bad to explore such options now that travelling is pretty much out of the way for an extended period of time. It’s not all doom and gloom. There are other things to do and appreciate our own Country.
Click here at https://www.nationalgallery.sg/support/join/membership to get your FREE 1 Year Gallery Insider membership, which is claimed to be worth up to $120 in value from unlimited and priority access to all exhibitions. Also, there is a bonus perk of up to 15% discounts on dining and shopping. Not too bad I guess.
This Free perk will end on 31 October 2020 and I am guessing while stocks last? Sign up asap! Don’t forget you need to be there physically to activate your membership before October end.
However do note that this is for Singaporeans and Singapore PRs. Time to explore Singapore. It is not a sponsored post but I find this a great initiative and also a good way to find out more about Singapore.
There is an ongoing promotion for National Day 2020. That is a one-year complimentary membership for Gallery Insider. It is really good to see companies doing their part to make art and increase activities locally.
National Gallery Insider
From the Gallery Insider (link here: https://www.nationalgallery.sg/support/join/membership) – This Gallery Insider is an annual membership programme. Insiders get unlimited access to their dynamic line-up of exhibitions, as well as privileges and discounts for selected programmes. You can also get unique museum merchandise and the Gallery’s culinary offerings at a discount. This sounds really good as it is a great time to explore such options now. Travelling is definitely not available in the near term. However it is not all doom and gloom. There are other things to do and appreciate in Singapore.
Click here at https://www.nationalgallery.sg/support/join/membership to get your FREE ONE Year Gallery Insider membership. This is worth up to $120 in value from unlimited and priority access to all exhibitions. There is a bonus perk of up to 15% discounts on dining and shopping. This is pretty decent.
Free Perk
This Free perk will end on 31 October 2020 so get it as soon as possible. Don’t forget you need to be there physically to activate your membership before October 2020.
However do note that this is for Singaporeans and Singapore PRs. Time to explore Singapore. It is not a sponsored post but I find this a great initiative and also a good way to find out more about Singapore.
Lifejourney 