Author: The Turtle Investor

Is The Stock Market Expensive Now?

On the other hand, Price/Earnings Ratio (PE Ratio), while not perfect, at least gives a more meaningful view of the Singapore stock market. Price/Earnings Ratio The price-to-earnings ratio, or P/E ratio, is an equity valuation multiple. It is defined as market price per share divided by annual earnings per share. – from Wikipedia Did you know that you can also find out the PE Ratio of the Singapore Straits Times Index? Head over to Bloomberg (register an account if you don’t have one) and add it to your watchlist. Then, from your watchlist, click on the Fundamentals tab and...

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SGX Confirms Board Lot Size Reduced From 1,000 To 100

The rise of Straits Times Index hasn’t interested me that much, despite crossing and staying above the psychological threshold of 3,300 points lately. Something else did, though. Remember this post from almost a year ago? MAS and SGX has issued an official response regarding the review of securities market structure and practices. You can check out the entire news release in the link below, but the only one I’m interested in is this! To improve retail investors’ access to a broader range of listed securities, particularly blue-chip stocks, SGX will reduce the board lot size for securities listed on...

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Vanguard Expands Low-Cost ETF Offerings in Asia

Hot on the heels on Vanguard’s first ETF launched in Hong Kong in May 2013, three additional ETFs were launched in June 2014. For those of us who are watching with anticipation for Vanguard to reach Singapore shores, this should be good news. Till then, you would now be able to purchase Vanguard’s four ETFs that are listed on Hong Kong Stock Exchange. If I’m not wrong, the withholding tax rates for dividends in 0% for Hong Kong, which is a major, major advantage. For United States, in comparison, the withholding tax rates for dividends is 30%. Vanguard FTSE Asia ex Japan...

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Get $10 Off Groceries From RedMart, and more!

If you’ve been reading my blog, no doubt you would have gotten plenty of FREE stuff already. Free buffet from top restaurants, plus getting paid for doing so? Free MRT rides, plus FREE credits from automated Spin-To-Win game? Free budgeting software for students, if you qualify. Free Money for signing up for mobile cash wallets like this and this. Now, you’re gonna get $10 off when you purchase grocery from RedMart, plus they deliver for free right to your doorstep, 7 days a week. When you sign up for RedMart through this link, you get $10 RedMart Credits to spend on your first purchase on...

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Get $10 When You Sign Up for Dash Easy (Standard Chartered Bank)

Well, I’m always keen for “free” money – I know, it sounds weird. So, what is Dash Easy? Basically, it is a product made up of two separate components : A savings account offered by Standard Chartered Bank (Singapore) A mobile cash wallet account, mCash, offered by SingTel You get both a Dash Easy Savings Account and a Dash mCash Account in one easy sign up from your mobile phone, or online. After signing up, you can login immediately to the Dash App to find a free $10 in your Dash mCash Account. However, please note that the $10 is for you...

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Nikko AM STI ETF Dividend – July 2014

The amended distribution date for Nikko AM STI ETF has finally arrived. If you have not noticed, you should have getting ready to be credited with a dividend of SGD 0.0465 per share. Ex-Date : 01 Jul 2014 Record Date : 03 Jul 2014 Date Payable : 15 Jul 2014 Pretty tied up this year, and I’m trying to have shorter posts instead to accommodate busy times ahead. I finally took the chance to re-balance my portfolio – see here. From here on, no more monthly buying of Nikko AM STI ETF for me. Instead,  I’ll be...

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Nikko AM STI ETF Amended Dividend Distribution Dates

1 Flares Filament.io Made with Flare More Info’> 1 Flares × If you are wondering what happened to Nikko AM STI ETF’s 2014 scheduled dividend distribution dates (previously in May and October), you have come to the right place. For year 2014 onwards, their semi-annual dividend distribution dates have been amended to January and July. In their latest prospectus (see Clause 11.4) – Distributions, if any, will be determined by the Manager. Currently, it is the Manager’s intention to make distributions to Holders semi-annually around January and July of each year. The Manager will decide whether a distribution is...

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