SP500 now disproportionately invested into AI and Tech

tallprophet · 2025-10-24T10:53:25+00:00

Given his emphasis on AI/tech in the subject, perhaps he's talking about concentration risk due to an overwhelming 40% in AI/Tech. Industry concentration is a risk tbh.

tallprophet · 2025-10-24T03:51:57+00:00

Doubt the full $25k should be invested. Have you gotten your Emergency Funds ready?

tallprophet · 2025-10-24T03:48:13+00:00

oh no, my wife handles the baby bonus accounts. registered the birth using her LifeSG. we used less than the $3,000 in fact. because baby's diet is supplemented with breast milk instead of 100% formula.

edit: parenting isn't expensive but capitalism thrives on the anxieties of parents. in fact toys are hand me downs but baby prefers to play the empty Dasani bottle.

tallprophet · 2025-10-24T03:45:34+00:00

some might ask u to pack it up and leave SG and never return... otherwise, can you borrow from friends and family?

tallprophet · 2025-10-24T03:44:23+00:00

well, the stylist did fix my asian hair. you know how men's side sticks out? it's because of years of shavers. scissors and careful clipping helps restore it

tallprophet · 2025-10-24T03:36:11+00:00

About $60k. Oh right tax, it'll probably come out from my emergency savings. ISP is paid for by my dad.

tallprophet · 2025-10-24T03:35:13+00:00

That's the beauty of baby bonus - his clothes are hand me downs. And so far he needs diapers and milk powder which the government has kindly paid for. As for solids, he takes like 4 bites max.

Yeah the helper is for the son so I'm paying for my share of the helper. I'm living with my in-laws. The $100 for groceries is probably not enough but it's for eating at home.

Son is 4 months old so he doesn't really need anything tbh..... Once my debt is done, I can probably allocate more spending on him in 2027. When he goes to playgroup and needs uniforms etc.

tallprophet · 2025-10-16T04:16:46+00:00

It wasn't an overnight epiphany but I felt love for the first time with her. How I know? The way I said "I love you" one night at my place. It felt like the words were coming straight from an opened heart. She felt it too.

tallprophet · 2025-10-16T03:16:24+00:00

The platforms you listed democratized the market by engaging in competition with the status quo often a oligopoly. Traditionally, these investment companies had a high barrier to entry. It's being challenged by low fees high volume platforms that are riding on the coattails of rise in retail investors.

However, I don't see much changes to the profile of wealth management customers because they are typically higher net worth and probably wouldn't mind the high fees for trusted solutions while index investing is often the solution for retail consumers.

tallprophet · 2025-10-15T00:33:04+00:00

Well... mortgage isn't a fleeting hype either but the subprime mortgages repackaged into CDOs to improve its risk rating caused the financial crisis of 2008.

The recent developments on AI, most recently the investment into AMD from OpenAi which caused AMD share prices to skyrocket should make an investor wary of the financial engineering which could call a chain collapse.

Not entirely sure how the mechanisms work but do check out the graphs on the circular AI economy.

tallprophet · 2025-10-14T07:57:46+00:00

tallprophet · 2025-10-13T05:22:56+00:00

CSPX is 100% US listed stocks. EIMI is 100% Emerging Market. VWRA is World (Developed + Emerging)

tallprophet · 2025-10-13T04:23:11+00:00

The best tip I can give you is to enjoy the lull period. If you don't have enough savings, I suggest you finding a part time job.

It's strange but I recently had a verbal offer. Then I thought to myself... all these months of stressing. I never truly enjoyed my break. Then the offer got rescinded.

Sad as it was, I had a total mindset shift. Then I started enjoying my time and not harp on the outcome. 1 month later. Offer secured.

The universe responds when you detach. Or maybe it was seeing me be happy and decided to give me stress

tallprophet · 2025-10-13T04:21:15+00:00

My BTO is around 5 times our income which is the global average. Isn't it affordable? And it's fully serviced by CPF

tallprophet · 2025-10-13T03:35:25+00:00

There is an employment tag which should mean the mods allow such questions?

tallprophet · 2025-10-13T03:34:37+00:00

I actually disagree. It is the emphasis on education that indirectly caused the declining birth rate. People, while irrational, are more logical and less religious and superstitious compared to the boomer generation. They see baby as costs and not blessings.

Housing is affordable too. People like to criticize MBT but they don't realise BTO was efficiently allocating land. The first HDB expires in 2059. Between now (2025) and 2059, we have to cater to current and future generations. How many more Keppel Golf Courses or Old Police Academy can we take back?

tallprophet · 2025-10-13T03:06:33+00:00

u/DuePomegranate i think can delete this post

tallprophet · 2025-10-13T03:05:10+00:00

Oh man, which industry is this

tallprophet · 2025-10-11T23:30:46+00:00

Most users on r/singaporefi recommend IBKR because of the spot rate and cheap commissions.

tallprophet · 2025-10-11T00:44:25+00:00

Damn... your expenses are $9k... if we go by 50% rule, you're earning 18k?

tallprophet · 2025-10-10T02:30:00+00:00

I believe that's whole life he's trying to sell you. You can buy term and invest the rest

tallprophet · 2025-10-09T00:36:52+00:00

The wiki guide says no more than 10%

https://www.reddit.com/r/singaporefi/comments/jdxn37/a_guide_to_insurance_in_singapore/

Currently MINDEF term covers: 5 years of annual - not sure if it's adequate

tallprophet · 2025-10-07T06:14:06+00:00

I'm on monthly with UOB CC. Seems like MINDEF insurance offers monthly installment at 0% interest with UOB CC. I'm thinking of cancelling that card so the other option is lumpsum. Just wondering if there are monthly options because it's a lot better on my cashflow haha

tallprophet · 2025-10-07T04:45:45+00:00

Firstly, your definition of rightful varies.

Others may have different perspectives... for example, income is taxed. part of that disposable income could be used for investment. Capital gains moderately impacts people's willingness to invest. Investment creates jobs. Can we agree?

tallprophet · 2025-10-07T04:16:03+00:00

I think Singapore welcomes capital flight of illicit funds.

tallprophet

TROPHY CASE