Earlier this month, I have made the switch to open electricity retailer which is Sembcorp. This should slash off several dollars from my electricity bill over the next few months.

As usual, I have made no buy or sell transactions this month. My holdings in terms of percentage of Singapore Savings Bonds crept up from 17% to 18% of my stock portfolio. I have been consistently purchasing Singapore Savings Bonds every month as I felt there are several benefits of doing so right now. This month, I thought of dumping a portion of my cash into CIMB fixed deposits but realize Singapore Savings Bonds offers almost the same yield. You can read more of the comparison here (Read more: CIMB Fixed Deposit Promotion Makes Your Money Work, Not You! ).

Next month, if Singapore Savings Bonds still offers the same yield, I will allocate a larger portion of cash to