Complete Guide To Buying Singapore Savings Bonds (SSB) [2024 Edition]
While the Singapore Savings Bonds (SSB) may not sound like the sexiest investment for growing our wealth, its popularity has recently increased – mainly due to rising global interest rates – compared to when it was first issued in 2015. Against the backdrop of a higher for longer interest rate environment, many of us have come to see […]
Stocks ease past Nvidia blues, crude oil rebounds – Aug 30
Today’s Market News China’s central bank buys government bonds, stirs intervention talk EV tariffs could hurt European companies and industry, Polestar CFO says As it reins in wasteful investment, China frets over growth Moody’s raises India’s growth forecasts, Fitch affirms rating Asian firms’ earnings outlook improves as chip sector shines Key developments on Friday: Japan […]
How Much CPF Savings Should You Have At Every Age Group
Every year, the CPF Board publishes the amount of CPF balances that its members have collected in their CPF accounts. It can be interesting to look at the balances to compare how we are doing when compared to the median statistics. Source: CPF The first thing we noticed is that CPF members have a total of […]
Buffett offloads Bank of America shares worth $982 mln in latest sale- Aug 29
Stock Market News AI giant Nvidia delivers strong earnings but fails to satisfy growth-hungry investors – New York Post Billionaire investor Buffett offloads Bank of America shares worth $982 mln in latest sale – Reuters Xpeng releases mass-market EV with basic driver-assist for less than $20,000 – CNBC Consumer confidence reaches six-month high, but labor market worries rise […]
REITs Report Card 2024: How Singapore REITs Performed In 1st Half 2024
Ever since the US Federal Reserve (Fed) raised interest rates at an unprecedented pace starting March 2022, S-REITs faced a triple-whammy – hurting investor interest in the asset class. For a start, higher risk-free interest rates made Government T-bills and Singapore Savings Bonds (SSB) more attractive investments. Even today, T-bills and Singapore Savings Bonds (SSB) […]
Asian shares track Wall Street futures lower as Nvidia disappoints – Aug 29
Today’s Market News Stocks fall, Nvidia down 3% after the bell despite strong earnings Rupee holds above record low, supported by state-run banks’ dollar sales China’s CNOOC posts record interim profit on robust output growth Food delivery giant Meituan defies China consumer pullback with revenue beat Gold falls on firmer dollar as US data takes […]
US stock quick picks -Aug 28
Trends to Watch Optimism: Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally (CoinDesk) Price Cut: Lilly launches lower-price weight loss drug without injector pen (CNN) Closures: Shake Shack to close 9 underperforming locations (MarketWatch) Tough Day: Why is the crypto market down today? (Cointelegraph) Big Day: Nvidia results could spur record $300 billion swing in shares, […]
5 Insurance Policies Singaporeans Can Pay Using Their CPF Account
Most people are aware that CPF funds can be used to pay for home loans. However, CPF savings can also be used for other purposes, such as education and select insurance policies. CPF is primarily a retirement savings scheme for Singaporeans, with strict guidelines to ensure individuals save sufficiently for retirement. Despite this, the government […]
Understanding Loan-To-Value (LTV) Limit & Total Debt Servicing Ratio (TDSR) When Purchasing A Property In Singapore
Singaporeans love properties. About 9 out of 10 Singaporean households own their own property. For most of us, buying a property is likely the biggest purchase we will make in our lives. Purchasing property in Singapore is far from affordable, with HDB flats starting at several hundred thousand dollars and some HDB flats even exceeding $1 million. […]
Market trends – Aug 27
Stock Market News Apple announces iPhone event for Sept. 9 – CNBC IBM to close China R&D department, affecting over 1,000 jobs, Yicai reports – Reuters Oil climbs on Mideast escalation fears, US rate cut expectations – Reuters 10-year Treasury yield steadies after Powell boosts expectations of Fed rate cut – CNBC Paramount stock edges up as Bronfman […]
