I have not made any buy or sell transactions this month except for my regular monthly purchase of the Singapore Savings Bonds. The effective interest rate for August 2019 Singapore Savings Bonds (GX19080E) is the lowest at 2.01% for the past 12 months if you held it for 10 years. Fixed deposits interest rates seem to have beat the Singapore Savings Bonds interest rate. (Read more: The Best Fixed Deposits of July 2019 )
As you can see above, Singapore Savings Bonds have taken up a major share of my stock portfolio. While some may argue that I should have invested those monies in Singapore Savings Bonds for REITs for higher returns, my decision is still to park those monies aside as an emergency fund when the need arises such as a job retrenchment etc.
While building up my stock portfolio for retirement, I have not forgotten to contribute
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