financialhorse

[financialhorse]

UOB One Account interest rates cut to 4.00% for $150,000 – Switch to T-Bills / DBS Multiplier / OCBC 360 account instead?

  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 free given this is UOB and SDIC insured. It was pretty much a no brainer before this. Well –…

[financialhorse]

Shopee shares jump 50% since I bought – Will I buy more Sea Ltd stock or take profit?

  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 look at Sea to discuss whether I would: Buy more Sea stock Take profit in my Sea…

[financialhorse]

Top News this Week (31 Mar)

Rounding up top investing articles from around the web, including articles shared on Twitter. Next-gen ERP: New vehicles to get on-board units from May, existing motorbikes from June (Straits Times) New vehicles registered from May 1 will be pre-fitted with equipment for the next-generation ERP system and, at the same time, owners of existing motorcycles will be informed progressively to have…

[financialhorse]

UOB Bank pays 5.8% dividend yield only – Buy DBS or OCBC instead for higher dividend yield? (as a Singapore Investor in 2024)

  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 at the Singapore banks more for their dividend yields rather than expectations for better…

[financialhorse]

6-month T-Bills yields rise to 3.80% - Demand for T-Bills jump to record high (27 March 2024 Auction Results)

  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 – demand for T-Bills has risen to record highs for all of 2023/2024, so the fact that T-Bills…

[financialhorse]

6-month T-Bills Auction on 27 March – Will interest rates break 4.0% or drop further? T-Bills a good buy vs Money Market Funds or Fixed Deposits again?

  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%). So I wanted to discuss a couple of questions: What is the estimated yield on the next 6-month…

[financialhorse]

Top News this Week (24 Mar)

Rounding up top investing articles from around the web, including articles shared on Twitter. Former transport minister Iswaran surrenders passport after returning to Singapore: AGC (Straits Times) Former transport minister S. Iswaran, who is facing corruption charges, returned to Singapore following his discharge from a hospital in Melbourne. He has surrendered his passport to the authorities,…

[financialhorse]

Mapletree Logistics Trust pays a 6.4% dividend yield – Will I buy this REIT at 2020 prices? (as a Singapore Investor)

  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 Trust has dropped 33%. At current price of 1.41 – it’s back at the lows last hit in March…

[financialhorse]

Tax Rebates and Reliefs you need to know about (2024) for Singapore residents

Tax season is upon us. Here are some of the key tax rebates and reliefs that you may be entitled to!  1. 50% Personal tax rebate *new* As announced in Budget 2024, a Personal Tax rebate will be granted to all tax residents for Year of Assessment 2024. The rebate will be 50% of tax payable, capped at $200. The tax rebate is calculated based on the following: The amount of tax payable after…

[financialhorse]

Best Fixed Deposit Rates yield 3.80% - Will interest rates go up or down? T-Bills a much better buy than Fixed Deposits? (March 2024)

  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 – T-Bills, Fixed Deposit and Savings Accounts etc.    Best Fixed Deposit Rates yield…

[financialhorse]

DBS Bank pays a 7.0% dividend yield after bonus shares – Better Buy than OCBC or UOB Bank? Will I buy Singapore banks in 2024?

  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 at the Singapore banks today. DBS Bank pays a 7.0% dividend yield if you count the bonus…

[financialhorse]

6-month T-Bills Auction on 14 March – Will interest rates cross 4.0% or fall again? T-Bills a good buy vs Money Market Funds or Fixed Deposits again?

  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 to discuss a couple of questions: What is the estimated yield on the next 6-month T-Bills…

[financialhorse]

Top News this Week (10 Mar)

Rounding up top investing articles from around the web, including articles shared on Twitter. Singapore’s exclusive concert deal with Taylor Swift not ‘unfriendly’ to Asean neighbours: PM Lee (Straits Times) Addressing the question regarding criticism that the agreement had undermined the spirit of cooperation within Asean, PM Lee said: “A deal was reached, and it turned out to be a very…

[financialhorse]

How I may invest $100,000 in REITs today - at 6.5% dividend yield? (as a Singapore Investor in 2024)

  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 loved REITs. Today when REITs are close to all time lows – nobody wants to touch…

[financialhorse]

How to buy Bitcoin or Ethereum in Singapore? Will I buy more Bitcoin or Ethereum today? (as a Singapore Investor in 2024)

  For those who haven’t been following Bitcoin (or crypto in general). Bitcoin’s price has been doing pretty well of late, both in the runup to the spot ETF approval, and especially after the ETF approval. This week alone, Bitcoin jumped from $52,000 to as high as $64,000 at one point. Unlike the previous 2021 cycle though, retail mania around Bitcoin (or crypto) seems pretty muted so far. This…

[financialhorse]

Top News this Week (3 Mar)

Rounding up top investing articles from around the web, including articles shared on Twitter. Singapore’s total fertility rate hits record low in 2023, falls below 1 for first time (Straits Times) A TFR of 0.97 places Singapore among those countries with the lowest birth rates globally, with South Korea topping the list with a TFR of 0.72 in 2023. Singapore’s fertility rate is well below the…

[financialhorse]

How to earn $5000+ a month in passive dividend income? Buy REITs, dividend stocks, or property? (as a Singapore Investor in 2024)

  After it was announced that CPF-SA would be closed for investors at age 55. It got me thinking. Before this there was the whole 1M65 movement. The idea that you and your spouse can save up $1 million in your CPF combined, before the age of 65 (as early as 45). And if you park that $1 million in CPF-SA, you’re earning $40,000 a year, or $3,333 a month completely risk free after 55. Well, that…