This week’s Money Diaries interview with a finance professional really resonated with many. As we kick off our new series examining the financial habits of Singaporeans, our featured guest opened up about a pivotal moment in his financial journey. Two decades ago, his father lost his job, prompting him to teach himself the ins and outs of investing. Recognizing the importance of making his money work harder than just relying on a steady paycheck, he now boasts a portfolio that’s 90% in Singapore stocks, bringing him about S$2,000 monthly through dividends.
The Singapore Budget 2025 has offered various forms of financial relief, from CDC vouchers to SG60 handouts. However, nothing quite compares to the empowerment that comes with growing long-term wealth through investing. Fortunately, Singapore offers a robust environment for dividend investors. Take UOB, for example, which recently announced a special dividend that nudged its projected dividend yield over 6% for 2025.
If you’re contemplating dipping your toes into the world of investing, we’ve put together a comprehensive comparison of top brokers with the most competitive fees to help you take the plunge. And for those who prefer a more conservative route, don’t miss our insights on the upcoming T-bill auction, which promises to be an interesting option for cautious investors.