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This week’s Money Diaries interview with a finance professional struck a chord. In the first of our new series on Singaporeans’ financial habits, our guest shared how he taught himself to invest after his father lost his job 20 years ago. Realising he needed to grow his money beyond his salary, he now has 90% of his portfolio in Singapore stocks, generating around S$2,000 in monthly dividend income. While the Singapore Budget 2025 provided generous handouts like CDC vouchers and SG60 vouchers, nothing beats the ability to build long-term wealth through investing. Thankfully, Singapore is a great place for dividend investors. Just this week, UOB announced a special dividend, pushing its projected dividend yield above 6% for 2025. If you’re looking to start investing, we’ve put together a comparison of the top brokers with the lowest fees to help you get started. For a safer option, check out our insights on the upcoming T-bill auction…
