Author: SingularityTruth

2.01% Jan 19 Singapore Savings Bond. Really that good?

Average interest per annual for 1-year and 10-year period The Singapore Saving Bond’s interest rate for 1 year holding has been making new high for the past three consecutive months. The issue in Jan 19 is not only a new high but it is also the first time the rate has exceeded 2%. Sounds attractive? In fact, the Jan 19 issue may not be that attractive if the duration of holding is taken into consideration. This is because the long term average interest per annual has fallen to just 2.45% for holding 10 years. If you compared it to...

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2.01% Jan 19 Singapore Savings Bond. Really that good?

Average interest per annual for 1-year and 10-year period The Singapore Saving Bond’s interest rate for 1 year holding has been making new high for the past three consecutive months. The issue in Jan 19 is not only a new high but it is also the first time the rate has exceeded 2%. Sounds attractive? In fact, the Jan 19 issue may not be that attractive if the duration of holding is taken into consideration. This is because the long term average interest per annual has fallen to just 2.45% for holding 10 years. If you compared it to...

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November 2018 Portfolio Results

As of 30th November 2018 Overall portfolio is still with positive unrealized gains. November was a much better month as compared to October as unrealized gains increased slightly after the recovery from Red October.  Dividend collected was also slightly higher in November. Market remains pessimistic as negative news continues to hoard headlines. Trade war, raising interest rates, inverted yield curve, Brexit, slower global growth etc. Without any good news, investors are cautious and I also chose to stay at the sideline to watch. Will there be a Santa rally or January effect? With the deadline for US-China trade agreement...

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November 2018 Portfolio Results

As of 30th November 2018 Overall portfolio is still with positive unrealized gains. November was a much better month as compared to October as unrealized gains increased slightly after the recovery from Red October.  Dividend collected was also slightly higher in November. Market remains pessimistic as negative news continues to hoard headlines. Trade war, raising interest rates, inverted yield curve, Brexit, slower global growth etc. Without any good news, investors are cautious and I also chose to stay at the sideline to watch. Will there be a Santa rally or January effect? With the deadline for US-China trade agreement...

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Step-by-Step Guide to Application/ Redemption of Singapore Savings Bonds

The reason I am doing a simple step-by-step guide on how to apply and redeem Singapore Savings Bonds is because I received a few comments from my previous posts suggesting that it is not worth the effort to swap the bonds. I was quite puzzled as both application and redemption can be done easily using internet banking, so the effort needed is really minimal. Hopefully, the process of application and redemption should not deter people from switching their bond with better bond issues. Application and redemption can be done via ATM but I think internet banking is the easiest...

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Step-by-Step Guide to Application/ Redemption of Singapore Savings Bonds

The reason I am doing a simple step-by-step guide on how to apply and redeem Singapore Savings Bonds is because I received a few comments from my previous posts suggesting that it is not worth the effort to swap the bonds. I was quite puzzled as both application and redemption can be done easily using internet banking, so the effort needed is really minimal. Hopefully, the process of application and redemption should not deter people from switching their bond with better bond issues. Application and redemption can be done via ATM but I think internet banking is the easiest...

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9% Interest for 1 Year. Good Deal or No Deal?

Recently, Facebook pushed one of the following advertisement to me, an investment offering 9% interest over 1 year period. As a financial blogger, I took a deeper look and decided that I should do a quick review. The investment is offering 0.75% interest each month for 12 months. The total interest is 9% for a year. The interest will be paid monthly and the capital will be repaid at the end of 12 months. The investment is backed by the company itself and is looking at pooling $10 million worth of investment fund. The minimum amount to invest is...

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9% Interest for 1 Year. Good Deal or No Deal?

Recently, Facebook pushed one of the following advertisement to me, an investment offering 9% interest over 1 year period. As a financial blogger, I took a deeper look and decided that I should do a quick review. The investment is offering 0.75% interest each month for 12 months. The total interest is 9% for a year. The interest will be paid monthly and the capital will be repaid at the end of 12 months. The investment is backed by the company itself and is looking at pooling $10 million worth of investment fund. The minimum amount to invest is...

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November 2018 Dividend Collected

Dividend payout for the month of November 2018 MAPLETREE LOG TR 800 SUPER OXLEYMTNB200518 MAPLETREE NAC TR NETLINK NBN TR FRASERS CPT TR MAPLETREE COM TR FRASERS CPT TR STARHUB Dividend collected for the month is lower than what I had expected. The main reason is due to 800 Super cutting their dividend this year.  Dividend Collected to Date Average Monthly Dividend (YTD): $1,424.59 Target Total Dividend for 2018: $16,000 The dividend collected for this year has finally exceeded previous year’s collection. Although dividend has increased Y-o-Y, I might not be able to meet the target of $16,000 this...

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November 2018 Dividend Collected

Dividend Collected for 2018 Dividend payout for the month of November 2018MAPLETREE LOG TR  800 SUPER OXLEYMTNB200518 MAPLETREE NAC TR NETLINK NBN TR FRASERS CPT TR MAPLETREE COM TR FRASERS CPT TR STARHUB Dividend collected for the month is lower than what I had expected. The main reason is due to 800 Super cutting their dividend this year. Dividend Collected to Date Average Monthly Dividend (YTD): $1,424.59Target Total Dividend for 2018: $16,000The dividend collected for this year has finally exceeded previous year’s collection. Although dividend has increased Y-o-Y, I might not be able to meet the target of $16,000...

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November 2018 Portfolio Updates

Stock Allocation There was no stock transaction for the month of November 2018 yet again. November was a much better month as compared to the month of October. The Fed chairman made a comment that interest rate is close to neutral, suggesting that the rising rate could be slower and smaller over next year. This gave the market a boost resulting in the US markets to soar after the comment was made. STI has also rebounded but it was more tapered as concerns over trade war still linger. People will be watching the G20 summit closely to see if...

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November 2018 Portfolio Updates

There was no stock transaction for the month of November 2018 yet again. November was a much better month as compared to the month of October. The Fed chairman made a comment that interest rate is close to neutral, suggesting that the rising rate could be slower and smaller over next year. This gave the market a boost resulting in the US markets to soar after the comment was made. STI has also rebounded but it was more tapered as concerns over trade war still linger. People will be watching the G20 summit closely to see if there will...

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Should You Switch to December 2018 Singapore Savings Bonds?

Average interest per annual for 1-year and 10-year period This month SSB has again reached another high since inception at 1.89% interest for a holding period of 1 year. Not only did the short term interest rate raised, the long term interest rate for holding 10 years had also raised to 2.57% from the previous month. This makes the current issue of SSB more attractive regardless of whether you are intending to hold it for short or long term. As mentioned in my last SSBs update, I am currently parking a portion of my war chest in SSBs as...

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Should You Switch to December 2018 Singapore Savings Bonds?

Average interest per annual for 1-year and 10-year periodThis month SSB has again reached another high since inception at 1.89% interest for a holding period of 1 year. Not only did the short term interest rate raised, the long term interest rate for holding 10 years had also raised to 2.57% from the previous month. This makes the current issue of SSB more attractive regardless of whether you are intending to hold it for short or long term. As mentioned in my last SSBs update, I am currently parking a portion of my war chest in SSBs as a...

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October 2018 Portfolio Results

As of 31st October 2018 In October, the STI had fallen by 7.32% which almost wipeout all of the unrealized gains for my portfolio. Luckily, my portfolio still manages to close with a small unrealized gain at the end of the month. Despite the fall, I am still comfortable to hold on to my portfolio as the dividends collected over the years provided a buffer to cushion any fall in unrealized loss. At least I can comfort myself that I am just losing  money from the dividends collected, and not the money which I have invested. Although having said...

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