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Right Time to Buy Gold?

I have mentioned in my year end annual review (My Sweet Retirement Annual Review of 2016) that I will be keeping a lookout for gold prices in 2017, hoping to fulfill my dream of owning a gold bar. The chart above shows the price in US dollar for the PAMP Gold Bar – 100g. You can observe from the chart the price of gold has broken down from the parallel uptrend over the period from February 2017 to current July 2017.

The current price of the PAMP Gold Bar -100g is US$3,982.95. There is a 2.98% spread. The price of this gold bar is US$3,713.55 on 20th December 2016.

I am not an expert in investing in precious metal. Can investors advice if it is the right price or time to buy gold now or will it plunge further?

Governance Index to Rank REITS and Business Trusts

Recently, I read in the news that two of the REITs in my stock portfolio ranked second place in a governance ranking. The two REITs are Parkway Life REIT and Soilbuild Business Space REIT. Keppel DC REIT ranked first place in the governance ranking.

The name of this ranking is called “GIFT” in short. The full name is called “Governance Index For Trusts“. There are a total of 43 trusts including six stapled securities being assessed using Governance Index For Trusts. (more…)

Earning Miles For My Next Sweet Holiday

I own the Citibank Premier Miles credit card. If you hold this credit card, you know that the benefit is that the miles earned using Citibank Premier Miles credit card never expires. You can convert the accumulated miles into Krisflyer miles and that was my original intention for owning this credit card. One Citi mile is equivalent to one Krisflyer mile. I am looking forward to redeem my next holiday!

Today I received a promotional email about earning up to 42,000 miles in just two months.  There are two options provided by Citibank on this promotion.

Option 1

The first option is to spend S$9,000 between 1st July 2017 to 31st August 2017. An administrative fee of S$238 will be deducted once you have spend and reach the qualifying amount.

By dividing S$238 by 31,200, this works out to be S$0.0076 per mile.

Option 2

The second option is to spend S$3000 between 1st July 2017 to 31st August 2017. An administrative fee of S$58 will be deducted once you have spend and reach the qualifying amount.

By dividing S$58 by 6,400, this works out to be S$0.0091 per mile.


From Singapore Airlines website, you can purchase 1,000 krisflyer miles for US$40. At current USD to SGD exchange rate, US$40 works out to be around S$55. By dividing S$55 by 1,000, this works out to be S$0.055 per mile.

The Citibank Premier Miles promotion is a good deal!

I doubt I am able to spend $9,000 in two months but I can try for the qualifying spend of $3,000 instead. To participate SMS “MILES XXXX” to 72484 where XXXX is the last 4 digits of your main Citi PremierMiles Visa Card.

Have you participated to earn miles for your next holiday? It will be interesting to know how many readers have signed up for the promotion like me. Please leave a comment below if you have signed up just like me.

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