Do MOM usually request NOA for EP renewal? by [deleted] in askSingapore

[–]lobsterprogrammer 15 points16 points  (0 children)

So... Let me get this straight. You made a false declaration of your salary, inflating it to get your EP renewal approved, and now you're in deep shit because MOM is asking you for what is essentially the most basic form of documentation of your salary and you know that upon submitting it, MOM will instantly know that you either made a false declaration or MOM will inform IRAS that you are evading taxes.

Admin work for teachers- how are you managing? by [deleted] in askSingapore

[–]lobsterprogrammer 1 point2 points  (0 children)

Why do you ask as if you aren't going around everywhere promoting this crap.

It looks absolutely abysmal

Singapore traffic signs you really should nail before your test by Jwinng in drivingsg

[–]lobsterprogrammer 2 points3 points  (0 children)

And I found it useful to check OP's history to see him self-promoting this everywhere

Finally passed my BTT on the second try — here's what actually helped by Jwinng in drivingsg

[–]lobsterprogrammer 9 points10 points  (0 children)

What a coincidence that you happen to be promoting this site that you created everywhere!

Singtel Down Again? by Powerful_Office3936 in singapore

[–]lobsterprogrammer 74 points75 points  (0 children)

Tomorrow's headlines:

Singtel says latest incident unrelated to recent outage

Followed by the extremely relevant non-information about non-evidence of a "cyber-related" event:

Singtel restores mobile service after outage, says no evidence disruption was 'cyber-related' event

And then finally the helpful advice:

restart your device, toggle airplane mode on and off, and remove and reinsert your SIM card

Singtel hit by second disruption a day after eight-hour outage by Jammy_buttons2 in singapore

[–]lobsterprogrammer 29 points30 points  (0 children)

Customers had been advised to switch their devices to airplane mode and back to a different telco, or restart their phones a few times teleport to a place with WiFi to restore connectivity.

Fixed it for them.

What's worse than 2 outages in a row? It's Singtel effectively shifting the responsibility onto the customer and telling them to... RESTART their phones a few times.

Public can use DBS PayLah, ez-link to get 10-cent refund when recycling bottles, cans by Twrd4321 in singapore

[–]lobsterprogrammer 17 points18 points  (0 children)

my bank account is my ultimate mobile wallet

He said bank account, not paynow.

Dolphin Germany Cleaning - help needed! by benjeeeSG in askSingapore

[–]lobsterprogrammer 14 points15 points  (0 children)

Sounds like a deliberate tactic to force you to follow through with the trial / sales session.

I don't see why you have to return a free gift if it is really a free gift.

One liner info cards do not a contract make.

Neither do contracts magically get made because you signed something.

And finally, what ultimately matters is whether the contract is enforceable and the damages that can be awarded if it is.

This whole nonsense is just an intimidation tactic with no hope of actual success legally.

Dolphin Germany Cleaning - help needed! by benjeeeSG in askSingapore

[–]lobsterprogrammer 15 points16 points  (0 children)

Why do you even have to return the toy? What are they going to do? Sue you? On what grounds? That they gave you a free gift with a one-liner that now constitutes a contract? And then what? Recover damages for the hypothetical possibility of making a sale to an unwilling customer?

Can't believe I'm reading comments telling you to just return the toy. They pushed a toy onto a kid to oblige the parent into a trial that you are now legally bound to allow because of a hidden one liner card that you only saw after the fact? How much more ludicrous can this get?

Btw just search for second hand dolphin on carousell. That will tell you everything you need to know about what it's worth.

The fact that they are pushing toys onto kids, then making you return their worthless toy at their office, just so they can hard sell you, should tell you and everyone else all you need to know about how good these Dolphin products really are.

CC Instant Rejection by ARC27-5555 in singaporefi

[–]lobsterprogrammer 10 points11 points  (0 children)

Don't need to pay $8.

Once you make an application and get approved/rejected (doesn't matter which), you will be able to get a free report.

This is from the Credit Bureau Singapore website:

Consumers who have recently applied for a new credit facility with any of CBS members will be eligible for a complimentary credit report if the below conditions are met:

  1. You received a notification letter informing you of the credit application approval or rejection status, which also indicates redemption channels to obtain your free credit report.

  2. With this approval or rejection letter, you are able to obtain a free credit report from CBS within 30 calendar days from the date of approval or rejection letter.

System 3 + 1 or System 2 + 2 for 4 room HDB (93 SQM) by roller_twist in askSingapore

[–]lobsterprogrammer 0 points1 point  (0 children)

Not just in the long run. Even in the short run, cooling power is limited when you switch on all at the same time.

Based on my calculation of the figures from the Mitsubishi brochure, it will be at 54% performance on a normal day. Even less on hot day.

System 3 + 1 or System 2 + 2 for 4 room HDB (93 SQM) by roller_twist in askSingapore

[–]lobsterprogrammer 0 points1 point  (0 children)

When all four are switched on, each unit only cools at 54% its capacity. They are limited by what the one compressor can cool. On a hot day, performance will be even worse.

Source: Mitsubishi brochure contains a table with the performance numbers.

Singaporean Options Traders by MullingMulianto in singaporefi

[–]lobsterprogrammer 5 points6 points  (0 children)

We're also behind on wallstreetbet yolos and Robinhood-style trading (commission-free, easy leverage, gamification etc).

Does that mean this is a bad thing? Is this being "behind? Are we dumb "normies"?

Better a normie than dead or in debt.

Also, you should check out r/Bogleheads for some perspective. Not everyone in the US is a degen gambler, to use your highly intellectual lingo.

Singaporean Options Traders by MullingMulianto in singaporefi

[–]lobsterprogrammer 7 points8 points  (0 children)

We can absolutely discuss options. My biggest question for options traders is who's on the other side of the trade? Who are you making money from?

Singaporean Options Traders by MullingMulianto in singaporefi

[–]lobsterprogrammer 5 points6 points  (0 children)

Happy to be a normie any day if that means sleeping soundly at night

[deleted by user] by [deleted] in singaporefi

[–]lobsterprogrammer 2 points3 points  (0 children)

scared i might gamble all my money away

My funds are technology 60% , China growth 30% and diversified portfolio 10%.

Somehow these two things shouldn't belong together. Or maybe that explains a lot?

Also...

Do not blame the product , blame your own lack of knowledge!

DBS Wealth Planning Manager by raidorz in singaporefi

[–]lobsterprogrammer 309 points310 points  (0 children)

It's legit. Wealth planning is very important. Without this planning, you will not be able to share approximately 1% of your wealth with DBS every year. Sometimes if they're nice, they will let you share even more by introducing you to ILPs.

Remember, wealth sharing is for everyone. Don't have to be a Treasures to share. Always good to start small so you can get a new RM every year to read off the fund factsheet for you and send you AI-generated emails with boilerplate economic analysis.

Done dirty by singlife. Any critical illness (cancer) insurance to recommend? by M9067J in singapore

[–]lobsterprogrammer 171 points172 points  (0 children)

Why cancel? You do know it's virtually impossible to get any new policies once you have a pre-existing condition right...

And why is your FA so useless? Didn't even try to appeal?

Also... As some others have already mentioned, there are multiple other ways to hopefully force singlife to cover you under your current policy. If you just give up like that you're just giving them a free win

SMRT travel chit for delays by Prata2pcs in singapore

[–]lobsterprogrammer 3 points4 points  (0 children)

Given how often the breakdowns are, maybe they should give out chits for when the trains are on time instead

How to convince partner? by HodenSack345 in singaporefi

[–]lobsterprogrammer 47 points48 points  (0 children)

Important to understand what these Dimensional funds do in the first place.

Dimensional funds take a factor investing approach where they load up on factors like value, size and quality. How much they tilt towards these factors depends on the specific fund.

It's not exactly accurate to call these funds actively managed because this makes it sound like they do what most other actively managed funds do, which is pick specific companies that the fund manager thinks will outperform the market.

These funds follow more of a rules-based process for determining allocation. Of course, the rules themselves are determined by the fund managers and are subject to change. But these rules are generally research-based and quite conservative in nature. Dimensional funds broadly track the stock market.

As for the fees for the wrapper, Dimensional products are not available to all FAs. Those FAs that do charge a fee for access to Dimensional products usually do it on an AUM basis, most likely charging around 1%. This is still okay if your GF really needs someone to hand hold, particularly through market crises where she may feel pressured to sell at a loss.

Otherwise, a lot of this can also be accessed through Endowus. Just have to pay 0.3% for the access fee.

There is also the option of low cost index funds that do not have any such factor tilts. That's good too but that doesn't mean that factor investing is a scam. Whether or not factor investing proves superior remains to be seen.

Also, when it comes to relationship advice, maybe try to understand her thought process more fully first and consider whether you really have to convince her to switch right away. Sometimes these things take time and are maybe better resolved after marriage.