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Summary of October 2019 Transactions
By My Sweet Retirement  •  October 30, 2019

Besides the regular monthly purchase of Singapore Savings Bonds, I have made no other buy or sell transactions. The effective interest rate for Singapore Savings Bonds is falling and I am expecting it to fall further. Fixed deposits are offering better interest rates as much as 1.7% p.a. for a 12 month fixed deposit but of course the minimum amount is much higher as compared to the minimum amount of S$500 for Singapore Savings Bonds.

I am looking forward to the preferential offering by Mapletree Commercial Trust. Today, I received the following notification:

Launch of Preferential Offering and Despatch of Instruction Booklet and ARE to Entitled Unitholders Pursuant to the Preferential Offering Instruction Booklet dated 30 October 2019 in connection with the Preferential Offering

If you didn’t know yet, Mapletree Commercial Trust is acquiring MBC II and thus the preferential offering. Mapletree Commercial Trust currently makes up 9% of

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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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