NS55 $100 Voucher consumption via LifeSG.  Consider investing it as "consumption" ?

https://blog.seedly.sg/convert-ns55-credits-cash/

Precursor – please read linked-article and form your own thoughts & decision first ok.  Thanks.

ps : this afterthought article is for Singaporean male citizens (only) who have or had completed their national services training, preparing and regularly gearing/refreshing themselves to be combat fit if ever call to play. 

To commemorate 55 years of national hood building through National Service, the incumbent government has decided to reflect the collective resolve and dedication of our national servicemen across generations who have contributed to the defence and security of Singapore, and inspires Singaporeans to continue building a stronger Singapore in the form of recognition package of $100 worth of credit.

In a bid to entice NS men to embrace digitalisation as part of daily lives, the credit gifted will only be accessible via LifeSG app; acting like your banking mobile app with the $100 credit to your name only (LOL).

Apparently, some “smart alec” was quick to realize besides being able to use the gift-credit on food or services based on the list of pre-approved merchants, the credit could also be withdrawn (with a 20 cents processing fee) as cold hard cash. 

In the process of doing so, the beneficiary enjoys the freedom of choice on whom or where he could spend his cash.  Liberating isn’t it? 

To take consumption up a notch, would you consider using your $90 cash (maximum that could be withdrawn) on quality stocks (SG, HK or US) ?  Take it that investing is also an alternate form of consumption no ?  LOL !!

Food for thoughts over this weekend ? Hee Hee.

Parting song ?  The Best Things In Life Are Free by Janet Jackson.  Dunno the tune ? YouTube it.  Happy weekends !!

# 💰 Stocks to watch today?(20 Dec)

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.

Report

Comment

  • Top
  • Latest
  • Lionel8383
    ·2022-07-16
    Good idea! Thanks!
    Reply
    Report
    Fold Replies
    • JC888
      If buying penny stocks can get at least 10+ shares or more.... ya.. Hee hee
      2022-07-16
      Reply
      Report
  • Joker_Smile
    ·2022-07-16
    go shengsiong atm to withdraw cash. deposit into bank account. transfer into Tiger Account and use that amount to invest.
    Reply
    Report
  • ClarenceNehemiah
    ·2022-07-16
    Just for Singaporean male citizens (only)?Ok well..
    Reply
    Report
  • Maria_yy
    ·2022-07-19
    Thanks for sharing. What you said makes sense.
    Reply
    Report
  • Maria_yy
    ·2022-07-19
    Great post, looking forward to your next post.
    Reply
    Report
  • FrankRebecca
    ·2022-07-16
    Thanks for your great song on weekend.
    Reply
    Report
  • prestomanik
    ·2022-07-16
    huh can invest ah
    Reply
    Report
  • J.G
    ·2022-07-16
    go
    Reply
    Report
  • Howhowlee
    ·2022-07-16
    👍
    Reply
    Report
  • Yokelee
    ·2022-07-16
    Ok
    Reply
    Report
  • KahVoon
    ·2022-07-16
    Great
    Reply
    Report
  • KahVoon
    ·2022-07-16
    TQ
    Reply
    Report
  • PC711
    ·2022-07-16
    k
    Reply
    Report
  • deal2deal
    ·2022-07-16
    ok
    Reply
    Report
  • Birdiebrog
    ·2022-07-16
    Haiiiii
    Reply
    Report
  • nightfury
    ·2022-07-16
    [Cool][Cool]
    Reply
    Report
  • John.sw
    ·2022-07-16
    nice
    Reply
    Report
  • Joyjoy_Cheng
    ·2022-07-16
    👍
    Reply
    Report
  • Wanlin
    ·2022-07-16
    .
    Reply
    Report
  • zzgundam
    ·2022-07-16
    ok
    Reply
    Report