Monthly Archives: October 2011

Stock rallied – STI broke 2,900 level

The Straits Times Index (STI) continued to post solid gains today and yesterday after the announcement on Thursday from the European Union leaders on stabilising the sovereign debt crisis. The STI closed at 2,905 points today after breaking pass the … Continue reading

Posted in Financial Management | 1 Comment

Paltry interest rate on fixed deposits – DBS

I went to DBS Bank yesterday and wanted to place some money into their Singapore dollar fixed deposits (or time deposits). At the back of my mind, I thought the interest rate will be in the region of about 0.4% … Continue reading

Posted in Financial Management

A sigh of relief, just about

Now that the European Union and Eurozone countries had agreed to a plan to address its current sovereign debt crisis, the world was relieved that the situation may not lead to a contagion credit crisis that could shake the global … Continue reading

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Country can default on their sovereign debts – Greece

Banks in Europe, which hold Greece sovereign debts are to write down the value of these debts to half. This is to say, they lost 50 per cent of their investment value. Can you imagine that a country’s ability to … Continue reading

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Inflation – CPI September 2011

Inflation, as measured by the consumer price index (CPI), increased by 5.5 per cent in September 2011 compared to same period of last year. This is due mainly to higher costs in accommodation, private road transport and food. The figure … Continue reading

Posted in Economics | Leave a comment

Keeping track of individual stock investment

When investing in equity, do you know how you are performing with regard to each stock counter you owned, on an overall basis? Do you keep track of each stock purchased and sold and dividends received for the same counter? … Continue reading

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Stock markets are increasingly volatile

The day before I left for Penang (10 Oct), the Straits Times Index (STI) ended at 2,668 points. During the four days away, I did not watch the Singapore stock market. The day when I landed back in Singapore (14 … Continue reading

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Travelogue – Visit to Penang, Malaysia

Penang, the Pearl of the Orient, welcomed us on our touch-down to Pulau Pinang (Penang island). After a hassle free flight on Air Asia Airline, we took a taxi to George Town. George Town was given the status of World … Continue reading

Posted in Travelogue

Upset and Acceptance

More than two weeks ago on a Thursday evening, a car driven by a female driver (who was still on probation) hit my car from behind. The fault was entirely hers, as she did not watch her front while driving. … Continue reading

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Fear

Before retiring for the night, I was feeling bloated in the gut. That uncomfortable feeling was familiar, which I used to have in the past with irritable bowel. I decided to sleep on it and hoped that I would be … Continue reading

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