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
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
Share Tweet LionGlobal came up with this new ETF called the APAC Financials Dividend Plus ETF. The APAC Financial Dividend ETF is the most obvious ETF that should have existed, but no one has come up with it until now. Singapore investors has this idea that the only companies that is worth invested in ...
investmentmoatssgx:o39sgx:d05sgx:u11
I have been somewhat busy in real life lately. So, I have not been producing much content. However, I did manage to make a few videos recently. For those who do not follow me on YouTube, here they are: ------ ------ ------ ------ Just AK talking to himself, of course. ;) To view all my videos and also ...
aksgx:o39sgx:d05sgx:u11
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
Formed in 1932 from the merger of 3 local banks, Oversea-Chinese Banking Corporation Limited (SGX:O39), or OCBC for short, is the longest established bank in Singapore. It is also the 2nd largest financial services group in Southeast Asia by assets. The Singapore bank is one of the world’s most highly-rated ...
ljunyuansgx:g07sgx:o39sgx:d05sgx:s68sgx:u11
Is UOB a Good Stock to Buy? On Friday, 5th April 2024, I took opportunity of the market volatility to buy more of UOB shares. UOB (SGX:U11) is one of the three local banks in Singapore. The other two local banks are OCBC (SGX:O39) and DBS (SGX:D05). Currently, I have both UOB and OCBC in my stock portfolio. ...
mysweetretirementsgx:o39sgx:d05sgx:s68sgx:u11
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
SGD 0.54 (1.49%)
ExDate = 5 Apr 2024
You hold 2,000 shares of this stock.
You will receive SGD 1,080 on 19 Apr 2024.
Share Tweet Here is a safe way to save money that you have no idea when you will need to use or your emergency fund. The 10-yr and 1-yr Singapore Savings Bonds rates since the first issue in Oct 2015 The May 2024’s SSB bonds yield an interest rate of 3.06%/yr for the next ten years. You can apply through ...
investmentmoatssgx:o39sgx:d05sgx:u11
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
Time flies and it is time for another quarterly update. Before I start on the update proper, I just want to say a few words about Wilmar International. I received a few comments from readers on Wilmar and they asked if I had any updates on the business. Some would like to know whether it is a good time ...
aksgx:m1gusgx:ud1usgx:o39sgx:c31sgx:d05sgx:u11sgx:o5rusgx:f34
Share Tweet By now, many of you would have heard that UOB has reduced the bonus interest rates that you can earn if you bank with them. The revised rates are below: Changes such as this sometimes positively affect us but also could negatively affect us, as in this case. On first inspection, the interest ...
investmentmoatssgx:o39sgx:d05sgx:u11
Date: 1 Apr 2024
Price: SGD 35.95
Shares: 1,000
Total: SGD 36,073.81
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
SGD 0.54 (1.50%)
ExDate = 5 Apr 2024
You hold 2,000 shares of this stock.
You will receive SGD 1,080 on 19 Apr 2024.
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
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
Stock prices of DBS, OCBC and UOB have been rocketing higher! How do I feel? I have mixed feelings, really. I would like to add to my investments in all three banks but not as their stock prices make new highs. What am I doing? Just waiting. I will simply do nothing and collect dividends. Filling up ...
aksgx:o39sgx:d05sgx:u11
Operating through its head office in Singapore, and banking subsidiaries in China, Indonesia, Malaysia, Thailand, and Vietnam, United Overseas Bank Limited (SGX:U11), or UOB for short, has a global network of about 500 branches and offices in 19 countries and territories in Asia Pacific (194 in Thailand, ...
ljunyuansgx:o39sgx:d05sgx:s68sgx:u11
Manulife Goal 2024 (I) is a short-term Endowment plan that provides guaranteed returns of 3.16% p.a. at the end of 2 years. If you include the non-guaranteed component, you can earn up to 3.36% p.a. based on the higher illustrated investment rate of return (IIRR) of 3.80% per annum. The non-guaranteed ...
mysweetretirementsgx:axhsgx:d05
Being a member of the personal finance community for over a decade, I have always been crying out for an all-in-one personal finance mobile app that can replace manual tracking. Pretty much like a super app in the personal finance domain that can do it all- savings, expenditure tracking, budgeting, discounts ...
heartlandboysgx:d05
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
Shifting Strategies As we navigate through the intricate landscape of investment, it becomes imperative to reassess our equity portfolios, especially in the face of fluctuating market conditions. With the Federal Reserve hesitating to adjust rates as expected and a mix of thriving and sluggish markets, ...
corylogicssgx:o39sgx:d05sgx:u11
In my previous post, I shared on how to build passive income with fixed deposits as one of the methods to help with retiring early in Singapore. Building passive income is important if you want to retire early as it helps to mitigate against longevity and inflation. Fixed deposit is a type of bank account ...
mysweetretirementsgx:o39sgx:d05sgx:u11sgx:p5psgx:qr9
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
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
The latest 6 months T-bill auction saw a cut-off yield of 3.78% p.a. Pretty decent although it dipped slightly from 3.8% p.a. we saw in the auction before this. Better than the 3.4% p.a. offer from CIMB for a 6 months fixed deposit. So, good enough for me. Around 96% of non-competitive applications, ...
aksgx:m1gusgx:o39sgx:d05sgx:u11
Date: 15 Mar 2024
Price: SGD 34.66
Shares: 1,000
Total: SGD 34,779.38
Canadian Silver Maples (Picture credit: lecho0047 from pixabay.com) Gold had recently hit an all-time high of USD 2,190-ish due to the expectations of a cut of US interest rates coming soon. To explain further, a cut in the rates would bring down the demand of the USD, and gold, being typically seen ...
bedokiansgx:o39sgx:d05sgx:u11
DBS Group Holdings Limited (SGX:D05), or DBS for short, was the first of the 3 Singapore-listed banks to release its annual report for the financial year 2023 (ended 31 December) yesterday morning (06 March 2024), along with notice of its upcoming annual general meeting (or AGM for short). For the benefit ...
ljunyuansgx:d05sgx:s68
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
Among the 30 companies in Singapore’s benchmark Straits Times Index (or STI for short), the 3 banks (in DBS, UOB, and OCBC) have the heaviest weightage – as at 29 February 2024, DBS has a weightage of 20.6%, OCBC has a weightage of 13.0%, and UOB has a weightage of 11.2%. Collectively, these 3 banks ...
ljunyuansgx:o39sgx:d05sgx:s68sgx:u11sgx:40u
