Conversation

Notices

1. Embed this notice
   Adrianna Tan (skinnylatte@hachyderm.io)'s status on Tuesday, 11-Mar-2025 13:04:39 JST Adrianna Tan

   i had to take a pretty complicated math and reading test (20 questions, all long ones) before i was allowed to invest my singapore version of the 401k. it was hard

   • Embed this notice
     Adrianna Tan (skinnylatte@hachyderm.io)'s status on Tuesday, 11-Mar-2025 13:09:43 JST Adrianna Tan

     in reply to

     the singaporean in me os very annoyed that i got 19/20. but this reminded me way too much of math exams and gave me some very bad flashbacks lol

   • Embed this notice
     Kim Scheinberg (kims@mas.to)'s status on Tuesday, 11-Mar-2025 13:11:57 JST Kim Scheinberg

     in reply to

     @skinnylatte
     That's way better than KYC laws

   • Embed this notice
     Adrianna Tan (skinnylatte@hachyderm.io)'s status on Tuesday, 11-Mar-2025 13:13:26 JST Adrianna Tan

     in reply to

     sample question.

     "Tommy used the savings in his CPF Ordinary Account to buy 10,000 shares of Company Z at $1.00 per share and incurred the following investment charges:

     - $28 for broker’s commission
     - $4.50 for SGX fees
     - $25 for agent bank charges

     One month later, Tommy sold the shares at a price of $1.08 per share. He also incurred the following investment charges from the sale of the shares:

     - $28 for broker’s commission
     - $4.50 for SGX fees
     - $25 for agent bank charges

     What was Tommy’s profit from his investment in Company Z? "

   • Embed this notice
     Adrianna Tan (skinnylatte@hachyderm.io)'s status on Tuesday, 11-Mar-2025 13:14:03 JST Adrianna Tan

     in reply to

     • Dan Ports

     @dan lol i was shocked to see that 'singapore math' was a thing here

   • Embed this notice
     Dan Ports (dan@discuss.systems)'s status on Tuesday, 11-Mar-2025 13:14:04 JST Dan Ports

     in reply to

     @skinnylatte if you're going to have an authoritarian government, at least it's one that's good at math, I guess?

   • Embed this notice
     Adrianna Tan (skinnylatte@hachyderm.io)'s status on Tuesday, 11-Mar-2025 13:15:21 JST Adrianna Tan

     in reply to

     • Kim Scheinberg

     @kims i could not have passed it or completed it when my adhd was worse too

   • Embed this notice
     Adrianna Tan (skinnylatte@hachyderm.io)'s status on Tuesday, 11-Mar-2025 13:17:35 JST Adrianna Tan

     in reply to

     • Dan Ports

     @dan yeah bay area parents are... really into it

   • Embed this notice
     Dan Ports (dan@discuss.systems)'s status on Tuesday, 11-Mar-2025 13:17:36 JST Dan Ports

     in reply to

     @skinnylatte wow, I didn't know about that!

   • Embed this notice
     Kevin Neely :donor: (ktneely@infosec.exchange)'s status on Tuesday, 11-Mar-2025 13:52:37 JST Kevin Neely :donor:

     in reply to

     • GeePawHill

     @GeePawHill @skinnylatte what is Tommy's tax rate? And why isn't he avoiding short term capital gains?

   • Embed this notice
     Adrianna Tan (skinnylatte@hachyderm.io)'s status on Tuesday, 11-Mar-2025 13:52:37 JST Adrianna Tan

     in reply to

     • Kevin Neely :donor:
     • GeePawHill

     @ktneely @GeePawHill there are no capital gains taxes in singapore ;)

   • Embed this notice
     GeePawHill (geepawhill@mastodon.social)'s status on Tuesday, 11-Mar-2025 13:52:38 JST GeePawHill

     in reply to

     @skinnylatte A reasonably good question.

   • Embed this notice
     Adrianna Tan (skinnylatte@hachyderm.io)'s status on Wednesday, 12-Mar-2025 00:26:00 JST Adrianna Tan

     in reply to

     • mtp

     @matt haha there are no ways to bogle easily outside of US / EU

     all the funds that track the bogle funds have super high expense ratios due to the expense of forex also

   • Embed this notice
     mtp (matt@proud.social)'s status on Wednesday, 12-Mar-2025 00:26:02 JST mtp

     in reply to

     @skinnylatte John Bogle spinning in his grave fast enough to electrify a small metropolis.