So the next 6-month T-Bills auction is on 23 May 2024. After closing as high as 4.07% in late 2023. T-Bills yields then dropped as low as 3.54%. In the most recent auction however, T-Bills closed at 3.70% yield. Bank fixed deposit rates have been steadily declining in 2024 – with the best fixed deposit ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
The SingSaver annual showdown between Team Air-miles and Team Cash-back is here again. For this time round, the team captain for Team Air Miles (round 1) is none other than Milelion. Table of Contents I Am Rooting For Team Air Miles What Are The Campaign Rewards? What Tasks Do You Need To Complete? [Bonus] ...
theturtleinvestorsgx:o39sgx:pu6dsgx:d05sgx:u11sgx:j7x
All 3 Singapore-listed banks (in DBS, UOB, and OCBC) have already reported their business update for the first quarter of FY2024 ended 31 March – you can read about the individual bank’s results in detail here. Just like in the previous quarters, I will be putting the 3 banks’ financial figures, and ...
ljunyuansgx:g07sgx:o39sgx:d05sgx:s68sgx:u11
As a dividend investor, this principle has never crossed my mind. It seems more aligned with a timer or short-term investment rationale. Coincidentally, many REIT and BANK stocks go ex-dividend in May. As you may be aware, stock prices typically drop upon going ex-dividend. This might give the impression ...
corylogicssgx:s68sgx:u11
Interest rates have been all over the place of late. If you recall – in Jan the market was pricing in 7 interest rate cuts in 2024. With hot US inflation and latest comments from Powell, the market is now only pricing in 2 interest rate cuts in 2024. Despite all that, bank fixed deposit interest rates ...
financialhorsesgx:o39sgx:pu6dsgx:d05sgx:u11sgx:s41sgx:j7x
We’ve been doing quite a few macro focussed pieces the past few weeks. So I figured for this week – let’s go back to single stock level discussion. The recent rise in interest rates has provided a nice sell-off in dividend stocks (especially REITs) that has opened up interesting opportunities for long ...
financialhorsesgx:ajbusgx:a17usgx:o39sgx:c31sgx:d05sgx:s68sgx:bn4sgx:u11sgx:s53sgx:u14sgx:h02sgx:ns8usgx:a7rusgx:me8usgx:p7vusgx:s61sgx:j7x
As we approach 2H FY2024, the financial markets have faced many ups and downs thus far. From the conflict between Israel and Iran, to the FEDs reducing their forecasted rate cuts for the year. From an initial forecasted net terminal rate of 4.25% – 4.50%, the current forecasted net terminal rate for ...
gavinsgx:g07sgx:o39sgx:d05sgx:s68sgx:u11sgx:mu7sgx:j7xsgx:npl
I have been thinking of taking another long break from social media to focus on other things in life. Tentatively, I am thinking of coming back in June. So, this might be my last blog until then. 1. AIMS APAC REIT This is probably my most rewarding investment for income. I have been holding to the relatively ...
aksgx:o39sgx:d05sgx:u11sgx:o5ru
The Straits Times Index (STI), Singapore’s benchmark index, includes 30 companies, among which are the three major banks headquartered in Singapore: DBS (SGX: D05), UOB (SGX: U11), and OCBC (SGX: O39). At the time of writing (10 May 2024), the 3 banks collectively hold a weightage of approximately 48.5% ...
ljunyuansgx:o39sgx:d05sgx:s68sgx:u11sgx:40u
Date: 9 May 2024
Price: SGD 30.47
Shares: 300
Total: SGD 9,109.38
Photo cred9it: Andre Taissin/Unsplash By now it should be widely known that UOB is reducing the interest rates of its flagship UOB One Account from 1 May 2024. This announcement was made as early as 1 April to give its customers a one month’s heads-up. While the notice period was nice, a lot had changed ...
heartlandboysgx:o39sgx:d05sgx:u11
So the next 6-month T-Bills auction is on 14 May 2024. After closing as high as 4.07% in late 2023. T-Bills yields then dropped as low as 3.54%. In the most recent auction however, T-Bills closed at 3.75% yield. Bank fixed deposit rates have been steadily declining in 2024 – with the best fixed deposit ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
Share Tweet Here is a safe way to save money that you have no idea when you will need to use or your emergency fund. The 10-yr and 1-yr Singapore Savings Bonds rates since the first issue in Oct 2015 The June 2024’s SSB bonds yield an interest rate of 3.33%/yr for the next ten years. You can apply through ...
investmentmoatssgx:o39sgx:d05sgx:u11
No surprises. Do well as usual. Operation data excellent. High cash level helps to boost their fixed returns which is quite substantial. Their total return in my perception typically lower than banks but strong stable returns. A good diversification from portfolio heavy in other sectors. A boring and ...
corylogicssgx:o39sgx:ov8sgx:d05sgx:u11
I have been thinking about really retiring in a couple of years. Confused? Didn't AK retire 8 years ago a few months before he turned 45 years of age? Yes, I retired from active employment 8 years ago and I have been enjoying retirement so far. However, I am not really retired because to me that would ...
aksgx:o39sgx:d05sgx:u11
Again, we came to the end of April 2024 and this is the time where I stock take my progress of reaching my Financial Goals. Do not get confused over Financial Goals over Financial Freedom. Financial Goals and Financial Freedom are related concepts but they are different in meaning. What is Financial ...
mysweetretirementsgx:u11
As many of you will know, DBS bank went ex bonus shares on Monday, 22 April. Interestingly, DBS shares have done very well since then. Here is the price chart for DBS (after adjusting for bonus shares). You can see the jump this week – hitting new all time highs at $34.79 (this would have translated ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:mu7sgx:j7x
Singapore investors love dividends. Whether you are a young investor growing your wealth, or a retiree looking for retirement income, it’s never too late to start investing for dividend yield. How to diversify your dividend income sources as a passive investor? Let’s say you’re a Singapore investor – ...
financialhorsesgx:a17usgx:o39sgx:c31sgx:d05sgx:s68sgx:u11
I have been asked this question in various forms by various people over the years. "How much cash are you holding now?" However, like how I have always sidestepped questions regarding my net worth and the size of my investment portfolio, I have habitually sidestepped the question. I have published a ...
aksgx:u11
So the next 6-month T-Bills auction is on 25 April. After closing as high as 4.07% in late 2023. T-Bills yields then dropped as low as 3.54%. In the most recent auction however, T-Bills closed at 3.75% yield. Bank fixed deposit rates have been steadily declining of late – so at 3.75%, 6-month T-Bills ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
So I recently received this question from an FH reader: “Would you recommend to buy SSB this month or wait till next month? Or is this a time frame allowable where you can buy this month, then if next month rates are higher, redeem and put into next month’s SSB? Thank you!” My response, for the record, ...
financialhorsesgx:u11sgx:j7x
With the recent spike in inflation, the possibility of multiple rate cuts in 2024 has dropped significantly. From an initial forecast of 3 to 6 cuts of 25bps each, we might only see 2 to 3 cuts. With rate cuts, this means the risk-free rate will be impacted as well, which will impact fixed-income investments ...
gavinsgx:o39sgx:u11sgx:j7x
As most of you would know. There are only four 1-year T-Bills each year – one every quarter. And the next one is coming up on 18 April – so if you want 1-year T-Bills you really should apply as the next one wouldn’t be for another 3 months. Given expectations over interest rate cuts in 2024/2025. 1-year ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
Based on the Singapore Treasury Bills auction results, the cut off yield for BS24107N is 3.75%. If you want to retire early in Singapore, buying Singapore Treasury Bills (T-Bills) can be a great way to build passive income. Are you familiar with Singapore Treasury Bills? If you are not, let me explain ...
mysweetretirementsgx:u11
Short term interest rates have been very interesting of late. If you recall – in Jan the market was pricing in 6 interest rate cuts in 2024. After this week’s US inflation data however, the market is now only pricing in 2 interest rate cuts in 2024. This has led to a sharp increase in long term interest ...
financialhorsesgx:o39sgx:pu6dsgx:d05sgx:u11sgx:s41sgx:j7x
Share Tweet LionGlobal came up with this new ETF called the APAC Financials Dividend Plus ETF. The APAC Financial Dividend ETF is the most obvious ETF that should have existed, but no one has come up with it until now. Singapore investors has this idea that the only companies that is worth invested in ...
investmentmoatssgx:o39sgx:d05sgx:u11
I have been somewhat busy in real life lately. So, I have not been producing much content. However, I did manage to make a few videos recently. For those who do not follow me on YouTube, here they are: ------ ------ ------ ------ Just AK talking to himself, of course. ;) To view all my videos and also ...
aksgx:o39sgx:d05sgx:u11
Date: 12 Apr 2024
Price: SGD 29.51
Shares: 300
Total: SGD 8,868
Looking back, it has been more than ten years since I had my first taste of business class travel. Back then, I remember that my wife and I had booked a package deal (well, they had the cheapest prices) with a tour agency for our Qatar Airways flights plus a stay at Alila Uluwatu, and they came back ...
theturtleinvestorsgx:o39sgx:pu6dsgx:d05sgx:u11sgx:c6lsgx:j7x
Date: 9 Apr 2024
Price: SGD 29.59
Shares: 1,000
Total: SGD 29,651.3
Formed in 1932 from the merger of 3 local banks, Oversea-Chinese Banking Corporation Limited (SGX:O39), or OCBC for short, is the longest established bank in Singapore. It is also the 2nd largest financial services group in Southeast Asia by assets. The Singapore bank is one of the world’s most highly-rated ...
ljunyuansgx:g07sgx:o39sgx:d05sgx:s68sgx:u11
Is UOB a Good Stock to Buy? On Friday, 5th April 2024, I took opportunity of the market volatility to buy more of UOB shares. UOB (SGX:U11) is one of the three local banks in Singapore. The other two local banks are OCBC (SGX:O39) and DBS (SGX:D05). Currently, I have both UOB and OCBC in my stock portfolio. ...
mysweetretirementsgx:o39sgx:d05sgx:s68sgx:u11
So the next 6-month T-Bills auction is on 11 April. After closing as high as 4.07% in late 2023. T-Bills yields then dropped as low as 3.54%. In the most recent auction however, T-Bills recovered to 3.80%. Bank fixed deposit rates have been steadily declining of late – so at 3.80%, 6-month T-Bills offer ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
