Secrets of wealthy people? Do millionaires they know something we don’t? Let’s expand our horizons by considering what we can do or think differently to grow our money. Here are 7 things rich people do differently. This article was written by a Financial Horse Contributor. 1. Focus on assets Wealthy ...
financialhorsesgx:o39sgx:axhsgx:j7x
With the recent spike in inflation, the possibility of multiple rate cuts in 2024 has dropped significantly. From an initial forecast of 3 to 6 cuts of 25bps each, we might only see 2 to 3 cuts. With rate cuts, this means the risk-free rate will be impacted as well, which will impact fixed-income investments ...
gavinsgx:o39sgx:u11sgx:j7x
Since June 2020, this series of blog posts that shed some light on my income and expenses has been rather fun. Thankfully, I have plenty of data, and I already know pretty well how things are in the back of my mind, but nothing beats writing a blog post to improve clarity. Income and expense reports ...
theturtleinvestorsgx:axhsgx:j7x
As most of you would know. There are only four 1-year T-Bills each year – one every quarter. And the next one is coming up on 18 April – so if you want 1-year T-Bills you really should apply as the next one wouldn’t be for another 3 months. Given expectations over interest rate cuts in 2024/2025. 1-year ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
We’ve constantly been sharing a list of our recent reads in our weekly emails for The Good Investors. Do subscribe for our weekly updates through the orange box in the blog (it’s on the side if you’re using a computer, and all the way at the bottom if you’re using mobile) – it’s free! But since our readership-audience ...
serjingsgx:j7x
Short term interest rates have been very interesting of late. If you recall – in Jan the market was pricing in 6 interest rate cuts in 2024. After this week’s US inflation data however, the market is now only pricing in 2 interest rate cuts in 2024. This has led to a sharp increase in long term interest ...
financialhorsesgx:o39sgx:pu6dsgx:d05sgx:u11sgx:s41sgx:j7x
In my weekend article, I estimated a yield of 3.75% – 3.85% for the upcoming 6-month T-Bills auction. Well, the auction results are out – 3.75%, on the lower end of my projected range. What is interesting is that the demand for T-Bills continues to soar to record highs. At $16 billion in demand this ...
financialhorsesgx:o39sgx:d05sgx:j7x
Looking back, it has been more than ten years since I had my first taste of business class travel. Back then, I remember that my wife and I had booked a package deal (well, they had the cheapest prices) with a tour agency for our Qatar Airways flights plus a stay at Alila Uluwatu, and they came back ...
theturtleinvestorsgx:o39sgx:pu6dsgx:d05sgx:u11sgx:c6lsgx:j7x
Quite a few of you have been asking for my views on Keppel DC REIT. So I decided to release this FH Premium post to everyone. This FH Premium post was written in early Feb after the FY2023 financial results and tenant default news. However this should give you an idea of my general thought process and ...
financialhorsesgx:ajbusgx:o39sgx:d05sgx:bn4sgx:s53sgx:s61sgx:j7x
Throughout the years, I have bought hundreds of items from online marketplaces such as Lazada and Shopee. Interestingly, if I have to choose one single item to put the spotlight on, there is no doubt in my mind that this affordable machine ranks at the very top. One of the best things I ever bought on ...
theturtleinvestorsgx:j7x
It was recently published that Singapore’s Total Fertility Rate (‘TFR’) dropped below 1.0 for the very first time. A psychological mark has been breached and this dominated Parliament debates and social commentaries. Given the clear TFR trend, factors such as 1) marriage plans disrupted by COVID-19 and ...
heartlandboysgx:g07sgx:40ssgx:j7xsgx:5gc
So the next 6-month T-Bills auction is on 11 April. After closing as high as 4.07% in late 2023. T-Bills yields then dropped as low as 3.54%. In the most recent auction however, T-Bills recovered to 3.80%. Bank fixed deposit rates have been steadily declining of late – so at 3.80%, 6-month T-Bills offer ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
It is a little bit of an exaggeration to call my experience a nightmare, but I know people who had funds-related issues that unfortunately required urgent attention and couldn’t get any. Not too long ago, I realized that I had misplaced my Crypto.com Visa Card after not using it for a very long time. ...
theturtleinvestorsgx:j7x
MariBank has done a fantastic job with Mari Invest. I would have to say that it was a stroke of genius to integrate the option to invest in Mari Invest right inside the MariBank mobile app. With the potentially higher returns that are in your face every time we launch the app, it has successfully enticed ...
theturtleinvestorsgx:j7x
Syfe REIT+ portfolio has just been rebalanced in line with the March 2024 semi-annual rebalancing for the iEdge S-REIT Leaders Index. This twice-a-year rebalancing was completed last week on 28 March 2024. The idea of using Syfe REIT+ is to rely on largely passive management, which means I don’t usually ...
theturtleinvestorsgx:lj3sgx:p40usgx:axhsgx:s68sgx:j7xsgx:dcru
As many of you will know. UOB One Account was one of the best high interest savings accounts before this. As long as you credit your salary into UOB One, and spend $500 on UOB credit cards each month. You could earn up to 5.00% on $100,000. For cash that you could withdraw any time, and basically risk ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
The SSB May 2024 issue of Singapore Savings Bonds by the Monetary Authority of Singapore maintained its returns compared to the previous issue. In this latest issue of SSB, the 1-year returns come in at 2.99% whereas the 10-year average return is now 3.06%. On my SSB historical interest rates page (snapshot ...
theturtleinvestorsgx:d05sgx:j7x
As shared in previous articles, I recently opened a position in Sea Ltd in Jan/Feb this year. My average buy in price is around high 30s. Based on latest closing price of $58.4, I’m up about 50% since my buy in price. Given the rapid move in share price (and latest earnings) – I wanted to take a closer ...
financialhorsesgx:j7x
HSBC Bank has a notorious reputation for taking a long time to process transfers of HSBC Reward Points into the Singapore Airlines KrisFlyer rewards programme for the air miles needed for flight redemptions. Different sources online have indicated contradicting information regarding the time required ...
theturtleinvestorsgx:o39sgx:pu6dsgx:d05sgx:u11sgx:c6lsgx:j7x
So I was reading this article from Beansprout recently. The article is titled “UOB offers lowest dividend yield amongst local banks. Switch to DBS?” It explains how UOB pays the lowest dividend yield compared to OCBC and DBS bank. And the conclusion was that “Against this backdrop, we would still look ...
financialhorsesgx:o39sgx:c31sgx:d05sgx:bn4sgx:u11sgx:j7x
With a fund size of almost SGD $1 billion, the ABF SG Bond ETF is the go-to instrument to gain access to one of the world’s highest-yielding AAA-rated government bonds. Most recently, our Singapore domestic bond index tracker ABF Singapore Bond Index Fund has declared its dividend payout of SGD $0.0124 ...
theturtleinvestorsgx:a35sgx:s68sgx:es3sgx:j7x
T-Bills yields have been on a roller-coaster ride recently. From as high as 4.07% in September 2023. T-Bills yields then dropped as low as 3.54% in early Feb. Since then – T-Bills yields have started to stabilise around the 3.80% range. From 3.78% the previous auction, up to 3.80% this auction. However ...
financialhorsesgx:o39sgx:d05sgx:j7x
The SSB April 2024 issue was undersubscribed with a lukewarm response from yield hunters despite sporting a yield of more than 3% Only $301.3 million (0.3x) worth of applications were received out of the total $900 million available. SSB Trend As Of April 2024 The Singapore Savings Bonds SSB historical ...
theturtleinvestorsgx:j7x
NVIDIA Corporation (NASDAQ: NVDA) has been a leading player in the semiconductor industry, particularly known for its graphics processing units (GPUs) used in gaming, data centers, artificial intelligence (AI), and autonomous vehicles. Looking at its significant growth in share price of almost 100% year-to-date ...
gavinusx:tslasgx:j7xusx:nvda
In this guide, you will learn how to off-ramp crypto profits to your bank account using Grab with the best exchange rate in just two minutes. Grab users can now use digital currencies (since 12 March 2024) to top up their e-wallets, and we are going to make use of the fact that funds in GrabPay Wallets ...
theturtleinvestorsgx:j7x
So the next 6-month T-Bills auction is on 27 March. After closing as high as 4.07% only a few months ago. T-Bills yields then dropped as low as 3.54%. In the most recent auction however, T-Bills recovered to 3.78%. At 3.78%, 6-month T-Bills offer a much higher yield than bank Fixed Deposits (3.35%). ...
financialhorsesgx:o39sgx:u11sgx:j7x
I’ve been getting a lot of questions about Mapletree Logistics Trust of late. This is a $7 billion market cap logistics REIT sponsored by Mapletree. So safe to say it is very popular among retail investors, as the Mapletree name gives it perceived “stability”. Yet from its 2021 highs, Mapletree Logistics ...
financialhorsesgx:m44usgx:jyeusgx:j7x
The State Street SPDR Straits Times Index (STI) Exchange Traded Fund (ETF) pays out dividend payouts bi-annually i.e. twice a year in February and August. Most recently, our Singapore domestic equities index tracker SPDR STI ETF has declared its dividend payout of SGD $0.073 for February 2024. Overview ...
theturtleinvestorsgx:tq5sgx:a35sgx:o39sgx:d05sgx:s68sgx:u11sgx:es3sgx:j69usgx:j7x
This is the time of the year when we find ourselves in the middle of tax season here in Singapore. And this means one thing: It is time to file for income tax with IRAS. Many of us are salaried employees and are used to not having to manually file for income tax due to the Auto-Inclusion Scheme (AIS) ...
theturtleinvestorsgx:j7x
Bitcoin (BTC), the pioneer cryptocurrency, has gained significant traction as a digital store of value and an alternative investment asset. With its meteoric rise in popularity, investors have multiple avenues to gain exposure to Bitcoin, including direct ownership or investing through exchange-traded ...
gavinsgx:j7x
When the DBS yuu card was first introduced in 2022, the only thing I remembered was the jingle by Gurmit Singh that played constantly on loop across all DFI stores. If you are willing to look past this annoyance like I did, you would notice that the card benefits are quite compelling especially with ...
heartlandboysgx:5dasgx:k6ssgx:pu6dsgx:d05sgx:u11sgx:j7x
It’s been quite a while since my last Fixed Deposits rates roundup in early Feb. So I wanted to update that today. 3 things I wanted to discuss: Best fixed deposit rates in Singapore today (March 2024) Will interest rates go up or down? How to divide your cash between the various options available today ...
financialhorsesgx:o39sgx:pu6dsgx:d05sgx:u11sgx:s41sgx:j7x
If you've come across any REIT posts that you think are missing, please don't hesitate to let me know and I'll be more than happy to include them. On the other hand, if you're looking for even more up-to-date information and insights, I highly recommend joining REIT Investing Community or Singapore REITs ...
vince85sgx:sk6usgx:k71usgx:ajbusgx:c31sgx:buousgx:bn4sgx:me8usgx:odbusgx:j7x
We all know Singapore investors love banks stocks. It’s been quite a while since my last article looking at the Singapore banks. And we’ve had quite a few developments since: DBS announcing bonus shares Latest Q4 2023 earnings release Big changes in the macro space So I wanted to take a refreshed look ...
financialhorsesgx:a17usgx:o39sgx:c31sgx:d05sgx:s68sgx:u11sgx:mu7sgx:j7x
In recent months, I have been doing some homework on the Magnificent Seven, a group of dominant technology companies that have been exceptionally successful in their respective industries and, more importantly, the stock market. Online articles seem to credit Michael Hartnett (Bank of America) or Mike ...
theturtleinvestorsgx:j7xusx:index
As we enter 2024, the markets are forecasting multiple rate cuts throughout the year, ranging from 3 to 6 cuts of 25bps each. This could result in interest rates dropping approximately 1 – 1.5%, reaching a terminal rate of approximately ~4%. With rate cuts, this means the risk-free rate will be impacted ...
gavinsgx:o39sgx:pu6dsgx:u11sgx:j7x
Once in a while, I do write about random stuff, but this topic involves spending money, which makes it relevant to personal finance, right? Recently, I had the opportunity to refresh my knowledge with regards to building a custom desktop computer. Our desktop computers were built in August 2015, and ...
theturtleinvestorsgx:cc3sgx:j7x
Apply participating products to qualify I seldom dedicate a blog article solely on a promotional campaign but I think SingSaver’s March Madness Giveaway campaign warrants an exception. That is because SingSaver is organising its largest giveaway campaign ever with over $300,000 worth of prizes up for ...
heartlandboysgx:pu6dsgx:j7x
So the next 6-month T-Bills auction is on 14 Feb. After closing as high as 4.07% only a few months ago. T-Bills yields have since plunged to 3.54%. In the most recent auction however, T-Bills recovered to 3.80%. At 3.80%, 6-month T-Bills offer a much higher yield than Fixed Deposits (3.35%). So I wanted ...
financialhorsesgx:o39sgx:u11sgx:j7x
Share Tweet I have some of my money that is not in my main portfolio (you won’t see it in Haw Par). I think it is time to do some due diligence to investigate the underlying health of the business. If it is okay, this might be a good place to park money in a special situation that is: Undervalued. Have ...
investmentmoatssgx:s68sgx:u11sgx:u14sgx:h02sgx:j7x
In last week’s article, I discussed an asset allocation with about 40% allocation to REITs. The comments I got was… interesting: “REITs can make money meh?” “Buy REITs? Ask those who bought 3 years ago how much they lost.” Investing is funny sometimes. In 2021, when REITs were at all time highs – investors ...
financialhorsesgx:k71usgx:p40usgx:ajbusgx:a17usgx:c31sgx:bn4sgx:u11sgx:jyeusgx:j7x
Not too long ago, I published a couple of articles related to Bitcoin ETFs, and hopefully, they were helpful to you in some way. Below is the full list for your easy reference. June 2023 ($26,000) : iShares Bitcoin Trust – BlackRock Files Its First Spot Bitcoin ETF August 2023 ($27,000) : First US Bitcoin ...
theturtleinvestorsgx:j7x
Coming into 2024, investors might be wary of investing in banks as there are several forecasts on potential rate cuts throughout the year, with a net terminal rate of 4.25% – 4.50%. Despite this, I think our 3 local banks namely DBS (SGX: D05), UOB (SGX: U11), and OCBC (SGX: O39) are still very well ...
gavinsgx:o39sgx:d05sgx:s68sgx:u11sgx:mu7sgx:j7xsgx:npl
