The effective return per year for Singapore Savings Bond fell to a low of 1.94% for June 2016 before recovering to 2.06% for July 2016. If you have followed my blog, you know that I …
Continue readingCategory: Money Management
Money management tips and tricks. There are many financial products out there such as Singapore Savings Bonds, Fixed Deposits, Endowment Plans, Insurance Savings Plan etc.
Update on Singapore Savings Bonds March 2016
I have been monitoring the Singapore Savings Bonds for the past few months, hoping for interest rates rise. I was hoping for safe heaven to park my excess cash. However, the results have been disappointing. …
Continue readingMy Sweet Retirement Current Portfolio Dividend Yield
Recently, I did a rough calculation of the dividend yield on my stock portfolio. The formula is based on the total dividends I collected for FY15 divided by the total amount I invested. The current …
Continue readingChinese New Year 2016 Fixed Deposit Promotions
Chinese New Year 2016 is approaching soon. Every year this time, banks will offer promotional fixed deposit rates. Last year, I placed my money with POSB for 12 months at a promotional interest rate of …
Continue readingUpdate on Singapore Savings Bonds December 2015
It has been 3 months since Singapore Savings Bonds have been launched. Personally, I feel that the effective return per year has not been impressive with interest rate as low as 2.44% in December 2015 …
Continue readingDiversify your Investments with Singapore Savings Bond
In a short summary, Singapore Savings Bonds are a special type of Singapore government securities. There is no lock in period and you can redeem the bonds in any given month. You can apply via …
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