Monthly Archives: March 2015

Singapore Savings Bonds – A good deal?

The Monetary Authority of Singapore (MAS) announced the introduction of a new government bond targeting at retail investors starting with minimum investment of just $500 with multiples of $500 up to a cap. (Source: The Straits Times, 31 March 2015) … Continue reading

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Singapore I know now

I woke up this morning to a brand new day. The sun was up shining bright. After one week of national mourning, I can move on finally to the usual routine without the solemn feeling in the air. On reflecting … Continue reading

Posted in Life Journey, Social Issues | 1 Comment

Current Asset Allocation – 29 March 2015

Tomorrow is the end of first quarter of the year. Three months into the year and we know that countries still fear deflation including China, Japan, Euro-zone countries, UK. Oil prices at persistent low level caught the world by surprise. … Continue reading

Posted in Financial Management

Changes to electricity and gas rates from 2004 to 2015

I stumbled onto a bill from SP Services dated 17 August 2004. This was some 10 years back. I therefore looked at the bill for the rates used to charge consumers on usage of household electricity and gas. I compared … Continue reading

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Performance of UOB Structured Deposit – Growth Deposit Series 3

Back on 19 April 2010, I put money into the UOB Structured Deposit called Growth Deposit Series 3. Now after 59 months (nearly 5 years), it matured. I got back my principal sum and a maturity bonus interest of 0.5% … Continue reading

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Mr Lee Kuan Yew (1923 – 2015)

Like majority ordinary citizens, I did not have the chance to meet Mr Lee Kuan Yew face-to-face. I only knew him from the media and books on him. Yet I felt a sense of heaviness this morning at 5 am … Continue reading

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Latest Promotional Interest Rates for Fixed Deposits

OCBC and UOB have promotional interest rates for 12-month and 13-month Singapore dollar fixed deposits respectively. Both banks require fresh funds for these promotional interest rates. I see that fixed deposit interest rates have moved up since I wrote about … Continue reading

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Share price of DBS moved up 62% since 1996

I had DBS shares in 1996, about 17 years ago. At that time, its share price was $12.33. In 2009, DBS issued rights shares on basis of one rights share for every two ordinary shares held on 31 December 2008. … Continue reading

Posted in Financial Management | 2 Comments

Currency movement towards new normal

In recent months, currencies were adjusting to a new normal. I have interest in three currencies, namely US dollar (USD), Chinese Yuan (CNY) and Australian dollar (AUD). The table shows the currency rates of these currencies vis-à-vis Singapore dollar (SGD) … Continue reading

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Throw-away Society

Future Shock written by Alvin Toffler and published in 1970 was a popular read in the 1970’s. I remember reading it while I was in the junior college. The author projected into the future of mankind and the concepts of … Continue reading

Posted in Life Journey, Living Tips