Against everyone’s predictions, the Federal Reserve has decided to raise interest rates in the recent December Federal Reserve meeting. It was also mentioned that Fed may plan to raise interest rates three times in the …
Continue readingTPG Telecom is Singapore Fourth Telco
TPG Telecom, an Australian-based internet service provider has won the bid to become Singapore’s 4th Telco. The winning bid is S$105 million. It is quite contradicting. SingTel venturing into Australian market and here in Singapore, we …
Continue readingWalk to Earn Thirty Five Dollars
Have you heard of the National Steps Challenge? I think this may not be something new to you. On the streets, you can see people wearing a black, blue or red color band on their …
Continue readingHeadwinds Continue for The Hour Glass 1H 2017
From the 1H FY2017 financial results below, we can see how much the current economic downturn has hurt the luxury business. On a positive note, the Group’s balance sheet remains robust with consolidated net assets …
Continue readingThai Beverage Breaks Down from Descending Triangle
Thai Beverage has always been in my stock watch list (Most people drink beer in good times and bad times right?). I have always wanted to own a beer company in my stock portfolio and …
Continue readingPOSB Offers you 1.38 percent per annum interest but only 4 months
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 …
Continue readingMy Sweet Retirement Opens Supplementary Retirement Scheme
It is the last month of the year. This month, I finally opened my Supplementary Retirement Scheme (SRS) account with OCBC. I convinced my wife to do so as well. I have done a little …
Continue readingUpdate on Singapore Savings Bonds January 2017
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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