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My Sweet Retirement

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Category: 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.

Structured Deposit vs Fixed Deposit

On January 14, 2017 By My Sweet Retirement In Money Management

While searching for Chinese New Year fixed deposit promotions, I came across the above promotion advertised. The bank is offering structured deposit that offers up to 12.1% returns over 6 years. It sounds very attractive …

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Chinese New Year Fixed Deposit 2017

Chinese New Year 2017 Fixed Deposit Promotion

On January 5, 2017 By My Sweet Retirement In Money Management

Banks usually offer higher promotional interest rates during Chinese New Year. Standard Chartered Bank seems to be the first mover that launch its Chinese New Year 2017 Time Fixed Deposit promotion. CIMB did not offer …

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Why I Close My Citibank Step Up Interest Account

On December 21, 2016 By My Sweet Retirement In Money Management

Today, I went to Citibank branch at Church Street to close my Citibank step up interest account and withdraw the balance. First, I filled up the account closure form at the customer service counter. Apparently …

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POSB Offers you 1.38 percent per annum interest but only 4 months

On December 10, 2016 By My Sweet Retirement In Money Management

When I alighted at the MRT station to work, I notice there is a long queue and most of them are elderly aunties and uncles. Overhearing the conversation, I realise they are queuing up for …

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Update on Singapore Savings Bonds January 2017

On December 7, 2016 By My Sweet Retirement In Money Management

January 2017 Singapore Savings Bonds gives you an effective interest rate of 2.18% over 10 years! Finally, the interest rate for Singapore Savings Bonds has slightly recovered after being on a downtrend in the year 2016. …

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Update on Singapore Savings Bonds August 2016

On August 7, 2016 By My Sweet Retirement In Money Management

It has been two months since I did an update on Singapore Savings Bonds. Singapore Savings Bonds is really doing badly. The effective return per year for September has fallen to a low of 1.75%. How …

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Check out my Recent Posts

  • Singapore REITs To Buy in October 2023
    Singapore REITs To Buy in October 2023October 1, 2023
    Let us go back to look at Singapore REITs to buy in October 2023. The United States government is currently sitting on a $33 trillion debt. This week, the United States government faced a shutdown if the lawmakers could not reach a deal regarding the bill. A government shut down means a delay in salaries … Read more
  • Financial Goals Progress May 2022
    Financial Goals For September 2023September 28, 2023
    It is the same time of the month again where I provide an update on the progress of myself trying to reach my targeted financial goals for September 2023. The total value of my financial assets decreased from 70.00% to 69.80%. As this point of writing, the US government is at risk of a possible … Read more
  • When Will You Sell A Stock
    Frasers Centrepoint Trust Divest Hektar REITSeptember 24, 2023
    Frasers Centrepoint Trust divest Hektar REIT. Following my previous post Frasers Centrepoint Trust Hektar REIT Diversifies, Frasers Centrepoint Trust has decided to divest all units of Hektar REIT. Rationale for Divestment of Hektar REIT As shared in the announcement, the manager share that Frasers Centrepoint Trust’s unitholding in Hektar REIT is non-core to its portfolio and … Read more
  • Frasers Centrepoint Trust Acquires Stake In NEX
    Cisco Splunk AcquisitionSeptember 23, 2023
    On 21st September 2023, Cybersecurity leader Cisco (NASDAQ:CSCO) announced their plans to acquire Splunk (NASDAQ:SPLK) for $157 per share in cash. The Cisco Splunk acquisition represented approximately $28 billion in equity value. If you are not familiar with Cisco, the company is a leader in the Cybersecurity space, providing security solutions. They specializes in switches, … Read more
  • When Will You Sell A Stock
    REITs I Can Still Buy In My Stock PortfolioSeptember 18, 2023
    What are the REITs I can still buy in My Stock Portfolio? This is the question that I have been pondering on. Given the high interest rate environment, this is a disadvantage to all REITs as the interest expense eats into the distributable income. Originally, I thought that I should increase my position in Mapletree … Read more
  • Hektar REIT
    Frasers Centrepoint Trust Hektar REIT DiversifiesSeptember 17, 2023
    Frasers Centrepoint Trust’s associate Hektar REIT diversifies from retail into the Education industry. If you do not know, Frasers Centrepoint Trust held 30.97% of the units in Hektar REIT (Hektar Real Estate Investment Trust). Hektar REIT is a retail-focused REIT in Malaysia listed on the Main Market of Bursa Malaysia Securities Berhad. Hektar REIT’s property … Read more
  • Lendlease REIT FY2023 Financial Results
    Lendlease REIT Sold DownSeptember 16, 2023
    Recently, Lendlease REIT has been sold down by investors. The share price of Lendlease Global Commercial REIT (SGX:JYEU) has fallen as much as 16.42% in the past 6 months. What has happened? As you can see from the chart above, Lendlease REIT’s share price has dipped significantly since the mid of August 2023. This happen … Read more
  • Insurance
    Tiq 3 Year Endowment Plan is 4.80% p.aSeptember 9, 2023
    The latest Tiq 3 Year Endowment Plan launched in August 2023 can give you up to 4.80% p.a. This is a single premium, non-participating life insurance savings plan. This plan has a policy term of 3 years. A lump sum guaranteed maturity benefit will be paid at the end of the policy term. Similar to past … Read more

Check out my Posts under the below Categories

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