Trust Bank Singapore, New Digital Bank Freebies!

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Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving...

Avoid Investment Instruments You Don't Understand

Unless I understand the investment instruments and the risks, I will not be able to manage my investment risks. So it is best to avoid such new investment instruments and not be overcome by greed and fear.

I prefer to stick to traditional investment instruments. It's better to be safe than to go for the little additional returns without knowing or understanding the hidden risks. Capital protected or Capital guaranteed does not mean there is no risk. One needs to understand the conditions attached before the investment is considered capital protected or guaranteed. These had been explained in the Straits Times before.

I'm lucky as I have some financial education and able to question and challenge any sale of new investment instruments to me.

Now that I have a better understanding of the economics and stock markets, I'm able to better manage my investments in equity and equity-related instruments such as unit trusts.



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