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(Post 50/week 36)Investment project updates:Moolahsense review(My sixth campaign)
By Sonicericsg  •  September 12, 2018
**Congratulation to myself for reaching post 50!!

6.Moolahsense(My sixth campaign with Moolahsense)

Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense(this is not a sponsored post by the way)

Issuer summary
Date of listing: Jan 2018
Amount:$100
Tenor:12 months
Repayment type: Callable

Quoting from the SGYoungInvestment

Callable: In a Callable note, an issuer has an option to early redeem the note on a quarterly basis. If the note is not early redeemed, the issuer pays a quarterly interest. The principal will be fully repaid on the quarter that the redemption is early called or at the maturity date. Assume that you invested $10k in a campaign at a final note rate of 13.5% p.a. in a Callable note.(Below is a very useful illustration)                                 Repayment term: Quarterly
Repayment term: Every 3 months Target interest...
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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