Monthly Archives: October 2022

Discouraging October Month

Posted on October 29, 2022 by limkimtong

Hang Seng Index lost 13.7% in October alone. Shanghai Composite Index lost 3.6%. The Straits Times Index (STI) went down 2.3% since the start of October. All other stock indices below were positive for October. The Dow was up 14.4%. … Continue reading →

Posted in Financial Management | Comments Off on Discouraging October Month

STI went under

Posted on October 22, 2022 by limkimtong

The Straits Times Index (STI) went down 5.1% since the start of October. Stock Indices 30-Sep-22 21-Oct-22 Change (%) STI (Singapore) 3,130.24 2,969.95 -5.1% The year-to-date change for STI was down 4.9% from the start of 2022. Stock Indices 31-Dec-21 … Continue reading →

Posted in Financial Management | Comments Off on STI went under

Annual Value of Home – No longer a criterion

Posted on October 15, 2022 by limkimtong

There is a shift in policy. In the past, Annual Value of Home (AV) is used as a criterion to determine how much governmental monetary support is given to individuals living in a property. The latest special payments to cushion … Continue reading →

Posted in Social Issues | Comments Off on Annual Value of Home – No longer a criterion

3.77% per annum interest rate – Treasury Bills

Posted on October 14, 2022 by limkimtong

The results for the latest auctions for Treasury Bills are out. The cut-off yields are 3.77% per annum and 3.72% per annum for the following T-Bills respectively: 6-Month Treasury-bill (BS22120E) 1-Year Treasury-bill (BY22103A) Interest rates are up sharply since the … Continue reading →

Posted in Financial Management | Comments Off on 3.77% per annum interest rate – Treasury Bills

After More Than Two Years – Covid-19

Posted on October 9, 2022 by limkimtong

The Vaccination-differentiated measures for Covid-19 will be lifted tomorrow (10 October 2022). This is the second last social distancing measure being lifted. The last remaining measure is the wearing of facemasks on public transport, and healthcare and residential care settings. … Continue reading →

Posted in Life Journey | Tagged | Comments Off on After More Than Two Years – Covid-19

Chasing for your cash

Posted on October 4, 2022 by limkimtong

I am spoilt for choice. Where can I park my cash for higher interest rate? That is if you still have cash to earn interest income in this rising interest rates environment. Just for October alone, there are three options … Continue reading →

Posted in Financial Management | Comments Off on Chasing for your cash

Horrid September for global stocks

Posted on October 1, 2022 by limkimtong

September 2022 was a terrible month for global stocks. After tightening monetary policies of most central banks (Fed being the driver), recession seems more likely in the coming quarters into 2023. Stock Indices 26-Aug-22 30-Sep-22 Change (%) Hang Seng (HK) … Continue reading →

Posted in Financial Management | Comments Off on Horrid September for global stocks