Singles, here’s how you can take advantage of the revised housing measures
With the introduction of the new framework for housing, which has led to the removal of the classification of estates as mature or non-mature, singles in Singapore will soon be able to buy new two-room flats in any location.
We’ve all heard the importance of financial independence, and financing a house alone, should that be the case, will require proper disciplined planning. It is not an unattainable goal, one just needs to ensure one puts in the work.
So if you’re not sure where to start, we’ve got a suggestion for you!
Make use of Tiger Brokers’ Auto-Invest/RSP feature to start your journey to saving up for the house of your choice. (Whether or not you’re single eventually)
What is this magic suggestion?
A Regular Savings Plan (RSP) is a subscription plan that enables you to invest a small, fixed sum of money into the mutual fund of your choice on a regular basis.
With ZERO FEES on mutual funds, and an initial investment amount of only $100, it would make the most financial sense for any investor to start.
So how can RSP help you?
Tiger Broker’s Fund Mall allows you the flexibility to RSP into a fund daily, weekly, monthly, quarterly, or annually. It’s absolutely your choice!
How much you decide to set aside monthly will go a long way. It’s one day or day one. Make today your day one.
Access and invest in over 1,000 funds distributed by Tiger Brokers. Go to the “Quotes” section on the app and slide the top bar to “Funds” to explore the full suite of funds we have on Fund Mall!
Have a question? Feel free to reach out to us at FundmallSG@tigerbrokers.com.sg.
Modify on 2023-08-30 14:18
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Ms Mac·2023-08-22It is great to be single, living in Singapore, and planning on buying or investing in a home! NZ is too difficult atm.LikeReport
- icycrystal·2023-08-22thanks for sharing1Report
- AuntieAaA·2023-08-22GREATLikeReport