Dear readers, it has been many years since I last paid for photocopying services. The last time I paid for photocopying services, related charges were based on a rate of 5 cents per copy. So, imagine my surprise when in recent days, that I went around the neighbourhoods to source for photocopying services and learnt […]
WHAT IS THE MARKET RATE FOR PHOTOCOPYING SERVICES? Read More »
Dear readers, it is time once again to review the performance of the Straits Times Index (STI) stocks for the week ended 12 Apr 2024. There is one STI stock of focus for the previous trading week. This stock is none other than Jardine Cycle & Carriage (Jardine C&C) stock: the stock has entered into
ONE STRAITS TIMES INDEX (STI) STOCK OF FOCUS! Read More »
Dear readers, there is an upcoming 1-Year Treasury Bill (T-bill), BY24101X which will be going for the auction on 18 Apr 24. Unlike 6-month T-bills, which are issued twice every month, 1-Year T-bills are issued less frequently, with issuance only once every quarter. With a longer holding period (1-year versus 6-month), it is only inevitable
BY24101X 1-YEAR Treasury T-BILL: EXPECTED INTEREST RATE (CUT-OFF YIELD) Read More »
Dear readers, the most recent 6-month Singapore Treasury Bill (T-bill), BS24107N had its auction yesterday and as expected, the interest rate (i.e. cut-off yield) of the T-bill showed a decline from 3.80% in the preceding tranche to 3.75% per annum. The bid-to-cover ratio for the T-bill was 2.54, similar to the 2.55 for the preceding
3.75% PER ANNUM INTEREST RATE: AN EXPECTED DECLINE Read More »
Dear readers, with interest rates of fixed deposits hovering around 3% per annum, isn’t it great to lock in interest rates that are above this average? What about a 3.30% per annum interest rates on your fixed deposits for holding period of 6-months? From 1 April 2024 to 30 April 2024, simply deposit an amount
ENJOY 3.30% PER ANNUM ON A 6-MONTH FIXED DEPOSIT! Read More »
Dear readers, today being Hari Raya Puasa and a public holiday, I decided to get nice meals from an outlet of a popular prata chain for my family via a take-away. After tucking into the meals at home, my family and I were shocked that the meals we bought were so much fewer in ingredients
LEFT DISAPPOINTED BY THIS PRATA CHAIN! Read More »
Dear readers, at One Fight Night 21: Eersel vs. Nicolas held in Lumpinee Boxing Stadium, Bangkok on 6 April 2024 Singapore Time, there were quite a number of fights which I personally loved, but one which stood out for me was the Heavyweight MMA fight between Ben Tynan vs Duke Didier. Having watched Ben “Vanilla
ONE CHAMPIONSHIP: A NEW STAR IN HEAVYWEIGHT MMA Read More »
Dear readers, the interest of the stocks and financial markets still seem to be still on higher or lower interest rates and this to me, have been a rather persistent trend. While there has been some spotlight on the geopolitical tensions between Russia-Ukraine and Israeli-Hamas conflict, I believe by and large, many may have forgotten
Dear readers, these few weeks have been extremely hot and humid during the day. On days that I am at home during the day and do not switch on the air conditioners (I have the habit to switch on the air-conditioners only during the night while sleeping), I will wait for comparatively lower temperatures during
ALREADY PAYING THE COST FOR CLIMATE CHANGE! Read More »
Dear readers, the upcoming BS24107N 6-month Singapore T-bill has had high expectations! Before we deep dive into the reasons behind the high expectations, let us take a look at the key features of the T-bill: Auction date: 11 Apr 2024 Issue date: 16 Apr 2024 Maturity date: 15 Oct 2024 Based on the cut-off yields
BS24107N 6-MONTH SINGAPORE T-BILL: EXPECTATIONS ARE HIGH! Read More »
Dear readers, I believe by now, you would have read that UOB has cut its interest rates on its flagship account. Specifically, UOB One customers with account balances of up to $100,000 + a credit of a monthly salary of at least $1,600 +a spend in the same month of a minimum of $500 on
UOB CUTS INTEREST RATES ON FLAGSHIP ACCOUNT! WHAT’S NEXT? Read More »
Dear readers, Frasers Centrepoint Trust is the newest addition to the Straits Times Index (STI), having just joined the STI constituent stocks on 18 March 2024 (Monday). If you could recall, the Trust replaced Emperador stock in a quarterly review of the STI. Let us take a look at the performance of Frasers Centrepoint Trust
FRASERS CENTREPOINT TRUST: AN UPDATE AFTER JOINING STI Read More »
Dear readers, the much-anticipated May 2024 Singapore Savings Bonds, SBMay24, GX24050X is announced today! And surprised or not surprised, the average 10-year annual return of the bond is, as expectedly, around 3% per year: to be precise, at 3.04% per annum. In terms of the annual yields, Year 1 to Year 6 of the savings
MAY 24 SINGAPORE SAVINGS BONDS ARE OUT! Read More »
Dear readers, are you still putting monies into fixed deposits and risk-free or lower-risk savings bonds or treasury bills? Currently, the best returns among the fixed deposits, Singapore Savings Bonds and Treasury-bills is the 6-month T-bill where the most recent average 10-yield annual return of 3.80% per annum is the best in town. Other fixed
2.95% PER ANNUM ON 3-MONTH FIXED DEPOSIT Read More »
Dear readers, details of annual interest rates of the next Singapore Savings Bonds, May 24, (SBMAY24 GX24050X) bonds will be announced next Monday (1 Apr 24). From what I understand, May 24 Singapore Savings Bonds will close on 25 Apr 24 and allotment of the bonds will be on 26 Apr 24. Issue date of
MAY 24 (SBMAY24 GX24050X) SINGAPORE SAVINGS BONDS: EXPECTED INTEREST RATES Read More »
Dear readers, in this post, let us take a look at the Singapore’s Straits Times Index from a macro perspective. The Straits Times Index (STI) is the benchmark index of the Singapore Exchange (SGX). It is a market capitalization-weighted index that tracks the performance of the top 30 companies listed on the SGX. These companies
STRAITS TIMES INDEX: A MACRO PERSPECTIVE Read More »
Dear readers, the latest BS24106W 6-month T-bill closed its auction today. In terms of cut-off rate, the T-bill has not disappointed savers: the cut-off rate was 3.80% per annum! Why did I say a 3.80% per annum cut-off rate is not a disappointing rate? Well, let us recall recent cut-off yields of T-bills to understand:
BS24106W 6-MONTH T-BILL: 3.80% PER ANNUM IN CUT-OFF RATE! Read More »
Dear readers, these days have been super super hot, such that I don’t mind going back to office for free aircon! Working from home without aircon on these days is really super uncomfortable. The feeling is not unlike that being in an oven, feeling of being roasted and it really affected the mood working at
I FINALLY DID THIS…. AFTER DAYS OF SUPER HOT WEATHER! Read More »
Dear readers, today is Monday, the start of a brand-new week. The day when many of the working adults have the so-called Monday Blues. Make no mistakes, when it comes to work, I do my Best, no matter what day of the week it is. When it comes to charging forward ahead in a new
GRATEFUL FOR SIMPLE PLEASURE OF LIFE ON WEEKENDS Read More »
Dear readers, yesterday, as I was walking home after a groceries trip, with my hands carrying bags and bags, I was approached by a Chinese lady near my house. The Chinese lady does not seem local as she spoke to me. From her accent, she was from China. Initially I thought she was merely asking
APPROACHED BY A CHINESE LADY Read More »