Author: My Sweet Retirement

Book Review: Everyday Tidiness – 365 Ways to a Decluttered Life

As the year 2018 comes to an end and we are welcoming the year 2019, I started to think about what I want to do in 2019. Recently, I came across this book at the National Library. The title is “Everyday Tidiness – 365 Ways to a Decluttered Life“. It is a simple book that provides a tidying tip, a decluttering exercise or inspirational quote for every day of the year. I am halfway reading the book and one of the thing I have done immediately is to throw away or recycle some things that is taking up space...

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My Sweet Retirement Wishes You A Merry Christmas

Today is Christmas Eve and I believe most of us are taking a break from work to celebrate and enjoy this moment with our families and loved ones. Since I started My Sweet Retirement in the year 2015, this is the 4th Christmas that I am celebrating with you all as readers of my personal blog or website. I hope all of you have gained something from my personal analysis of stocks or learnt from the mistakes that I have made in my investments and not repeat my footsteps. Some of you have left encouraging comments which has inspired...

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Purchase Singapore Savings Bonds with SRS in 2019

With the year of 2018 coming to an end soon, there is an excellent piece of good news that I will like to share. You probably have read it as other financial bloggers have wrote about it. If you didn’t know yet, in the near future, you can purchase Singapore Savings Bonds using your Supplementary Retirement Scheme funds with effect from 1st February 2019! The current individual limit of S$100,000 have also been increased to S$200,000, inclusive of purchases with cash and Supplementary Retirement Scheme funds. Personally, I felt that this is an excellent improvement to the Singapore Savings...

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Purchase Singapore Savings Bonds with SRS in 2019

With the year of 2018 coming to an end soon, there is an excellent piece of good news that I will like to share. You probably have read it as other financial bloggers have wrote about it. If you didn’t know yet, in the near future, you can purchase Singapore Savings Bonds using your Supplementary Retirement Scheme funds with effect from 1st February 2019! The current individual limit of S$100,000 have also been increased to S$200,000, inclusive of purchases with cash and Supplementary Retirement Scheme funds. Personally, I felt that this is an excellent improvement to the Singapore Savings...

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My Sweet Retirement Top 10 Financial Posts in 2018

We are finally in the last month of the year 2018! When I started MySweetRetirement website, I have never expected to make it so far. Given my busy work schedule, I only have time to do research and analyze stocks at night. Writing personal analysis of stocks allows some form of structured thinking and guidance towards my final decision whether to invest or not to invest in those stocks I found. At the end of every month, I will review and update my stock portfolio. This allows me to have a quick overview of my investments and not over-allocating...

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My Sweet Retirement Top 10 Financial Posts in 2018

We are finally in the last month of the year 2018! When I started MySweetRetirement website, I have never expected to make it so far. Given my busy work schedule, I only have time to do research and analyze stocks at night. Writing personal analysis of stocks allows some form of structured thinking and guidance towards my final decision whether to invest or not to invest in those stocks I found. At the end of every month, I will review and update my stock portfolio. This allows me to have a quick overview of my investments and not over-allocating...

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January 2019 Singapore Savings Bonds is 2.45%

The effective interest rate for January 2019 Singapore Savings Bonds (GX19010T) is 2.45% if you held it for 10 years. As usual, I shall be allocating a portion of my monthly salary into safe haven. Singapore Savings Bonds acts as a form of emergency fund when the need arises. If you didn’t know, Singapore Savings Bonds pays out interest every 6 months. Thus, if you have subscribed for January 2019 Singapore Savings Bonds, the next payout will be July 2019 and January 2020 respectively. If you own a DBS Multiplier Account, you can also apply the hack to earn...

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January 2019 Singapore Savings Bonds is 2.45%

The effective interest rate for January 2019 Singapore Savings Bonds (GX19010T) is 2.45% if you held it for 10 years. As usual, I shall be allocating a portion of my monthly salary into safe haven. Singapore Savings Bonds acts as a form of emergency fund when the need arises. If you didn’t know, Singapore Savings Bonds pays out interest every 6 months. Thus, if you have subscribed for January 2019 Singapore Savings Bonds, the next payout will be July 2019 and January 2020 respectively. If you own a DBS Multiplier Account, you can also apply the hack to earn...

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Summary of November 2018 Transactions

November is ending soon and we will be in the last month of the year 2018. There is basically no major changes to my stock portfolio as I have not sold or added new stocks to my portfolio except for the monthly routine of allocating some cash aside for Singapore Savings Bonds. As such, the percentage of Singapore Savings Bonds crept up from the previous 16% to current 17%. As the festive season gets closer, I am expecting my expenses to crept up this month and next month due to purchase of gifts for friends and my family. I...

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Singtel Regional Associate Earnings Fell 23 Percent in Q2FY19

I can see why Singtel’s share price has plunged as low as S$3.08 recently. According to Singtel’s latest quarter financial results, The associates’ post-tax profit contributions declined 23% mainly from Airtel and Telkomsel in Q2FY19. The contributions from the associates were also negatively impacted by the strong Singapore Dollar. As mentioned in My Personal Analysis of Singtel, 48% of Singtel’s net profit comes from its Regional Associates which consists of Airtel, AIS, Telkomsel and Globe. From the presentation slide from Singtel below, I can see that the two regional associates, Telkomsel, the indonesian Telco and India based Telco, Bharti contributed to...

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Sixty Nine Percent Invested Thirty One Percent Cash

The last time I checked how much have I invested versus how much cash I have on hand was almost 5 months ago which was in June 2018. At that point, I held thirty five percent cash and sixty five percent invested. As of 17 November 2018, I held 31 percent cash and my investment makes up sixty nine percent. Knowing how much cash I have on hand is important as I know usually this is the period where the festive season is nearing and my expenses will increase due to buying Christmas presents and eating out at restaurants...

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No Recovery In Sight Yet Based On OUE Hospitality 3Q2018 Financial Results

It was another quarter of disappointing financial results for OUE Hospitality Trust. On 7th November 2018, OUE Hospitality Trust announced their 3Q2018 financial results. Despite claims of increasing tourists arrival to Singapore, the financial results was a sea of red. Net Property Income (“NPI”) for 3Q2018 was $0.4 million lower than 3Q2017 due to lower gross revenue from the properties. Distributable income in 3Q2018 was S$1.3 million lower than in 3Q2017, and Distribution Per Share (“DPS”) for 3Q2018 was 1.28 cents, 5.9% lower than 3Q2017. The manager attributed the lower distribution to mainly the absence of income support for Crowne...

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Frasers Logistics and Industrial Trust Full Year DPU is 7.19 cents

This is the financial results announcement I have been waiting for. On Monday, 5th November 2018, Frasers Logistics and Industrial Trust has announced their 4QFY18 financial results. You can guess why I am so anxious and excited as Frasers Logistics and Industrial Trust makes up 15% of my stock portfolio and 23% of my wife’s stock portfolio. The manager of Frasers Logistics and Industrial Trust has been rather aggressive in their property divestment and new acquisition and I am expecting some extraordinary results. You can read more of them here: Frasers Logistics and Industrial Trust Divests 80 Hartley Street Asset Frasers...

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CIMB Bank Christmas Fixed Deposit Promotion

The festive season is here again. CIMB Bank beats other banks and launched their Christmas Fixed Deposit promotion ahead of everyone else. CIMB Bank is offering an interest rate of up to 1.90% per annum. This promotion is similar to their 9th Birthday Fixed Deposit Promotion except that interest rate is higher! You can choose the duration of 3 months, 6 months or 12 months and if you apply online, they offer higher interest rates as shown in the table below. Interest Rates (% p.a.) 3 Months 6 Months 12 Months Branch Rate 1.30 1.45 1.55 Online Exclusive Rates...

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December 2018 Singapore Savings Bonds is 2.57%

The effective interest rate for Singapore Savings Bonds is at 12 months high at 2.57%. The last month where such high interest rate was offered was in August 2018 as you can see from the graph above. As usual, I shall be allocating a portion of my monthly salary into safe haven. Singapore Savings Bonds acts as a form of emergency fund when the need arises. This month, the effective interest rate for December 2018 Singapore Savings Bonds (GX18120X) if you held it for 10 years is 2.57%. If you didn’t know, Singapore Savings Bonds pays out interest every...

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