So the next 6-month T-Bills auction is on 23 May 2024. 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 closed at 3.70% yield. Bank fixed deposit rates have been steadily declining in 2024 – with the best fixed deposit ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
In a country like Singapore, where there are minimal risks from natural disasters, I suppose taking basic measures for protection against fire to safeguard against losses at home seems like the next best thing. How frequently do fires happen in Singapore? According to SCDF, the overall number of fires ...
theturtleinvestorsgx:j7x
So MSCI announced the changes to its MSCI Singapore index this week. Mapletree Pan Asia Commercial trust (MPACT) was removed from the MSCI Singapore Index (other stocks dropped are Mapletree Logistics Trust, CDL, Jardine C&C and Seatrium). This led to MPACT’s share price dropping as low as $1.18 at one ...
financialhorsesgx:c09sgx:t82usgx:n2iusgx:a17usgx:o39sgx:c31sgx:rw0usgx:c07sgx:m44usgx:s45usgx:j7x
Lendlease REIT released the presentation of the results for the third quarter of the financial year 2024, which ended on 31 March 2024. As always, I examined the situation closely to see if it was smooth sailing or if there were any bumps in the road. Important Thing #1 – Electricity Tariff Contract ...
theturtleinvestorsgx:sk6usgx:jyeusgx:j7x
Professional athletes are known for their resilience and grit. Here are 6 winning secrets from top athletes to help you achieve your goals as an investor. This article was written by a Financial Horse Contributor. 1. Practice makes perfect Have you heard of the 10,000 hour rule? In a seminal study into ...
financialhorsesgx:o39sgx:j7x
Having one additional option is great news, but I am nowhere as excited as some about the possibility of using GrabPay or PayNow in Japan. Last year, I visited Thailand and evaluated the actual experience of attempting to use cashless payments via QR code scanning. In theory, the DBS PayLah! payment ...
theturtleinvestorsgx:d05sgx:j7x
The SingSaver annual showdown between Team Air-miles and Team Cash-back is here again. For this time round, the team captain for Team Air Miles (round 1) is none other than Milelion. Table of Contents I Am Rooting For Team Air Miles What Are The Campaign Rewards? What Tasks Do You Need To Complete? [Bonus] ...
theturtleinvestorsgx:o39sgx:pu6dsgx:d05sgx:u11sgx:j7x
Interest rates have been all over the place of late. If you recall – in Jan the market was pricing in 7 interest rate cuts in 2024. With hot US inflation and latest comments from Powell, the market is now only pricing in 2 interest rate cuts in 2024. Despite all that, bank fixed deposit interest rates ...
financialhorsesgx:o39sgx:pu6dsgx:d05sgx:u11sgx:s41sgx:j7x
We’ve been doing quite a few macro focussed pieces the past few weeks. So I figured for this week – let’s go back to single stock level discussion. The recent rise in interest rates has provided a nice sell-off in dividend stocks (especially REITs) that has opened up interesting opportunities for long ...
financialhorsesgx:ajbusgx:a17usgx:o39sgx:c31sgx:d05sgx:s68sgx:bn4sgx:u11sgx:s53sgx:u14sgx:h02sgx:ns8usgx:a7rusgx:me8usgx:p7vusgx:s61sgx:j7x
As we approach 2H FY2024, the financial markets have faced many ups and downs thus far. From the conflict between Israel and Iran, to the FEDs reducing their forecasted rate cuts for the year. From an initial forecasted net terminal rate of 4.25% – 4.50%, the current forecasted net terminal rate for ...
gavinsgx:g07sgx:o39sgx:d05sgx:s68sgx:u11sgx:mu7sgx:j7xsgx:npl
In my weekend article, I estimated a yield of 3.70% – 3.80% for the upcoming 6-month T-Bills auction. Well, the auction results are out at 3.70% cut off yield, right on the bottom of my projected range. To be fair though, latest US economic data came in slower than expected, raising market hopes for ...
financialhorsesgx:o39sgx:d05sgx:j7x
So the next 6-month T-Bills auction is on 14 May 2024. 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 closed at 3.75% yield. Bank fixed deposit rates have been steadily declining in 2024 – with the best fixed deposit ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
Rounding up top investing articles from around the web, including articles shared on Twitter. ‘We have built a strong foundation for future generations’: PM Lee in his last major speech (Straits Times) Prime Minister Lee Hsien Loong said he has prepared a leadership team to succeed him that deserves ...
financialhorsesgx:s53sgx:40usgx:j7x
As promised, I wanted to provide an update on markets after this week’s events from Jerome Powell (FOMC) and Janet Yellen (Treasury Quarterly Refinancing). This would give us some indication of how the Feds and US Treasury are responding to (a) recent weakness in stock markets, and (b) sticky US inflation. ...
financialhorsesgx:o39sgx:j7x
Lendlease REIT released the presentation of the results for the first half of the financial year 2024, which ended on 31 December 2023. I took a closer look to see if everything was smooth sailing or if there were any bumps in the road. The Important Things First The one thing that stood out was that ...
theturtleinvestorsgx:sk6usgx:jyeusgx:j7x
Financial freedom is the ultimate goal most of us are working towards. What are the most common mistakes holding us back? Let’s explore how to avoid sabotaging ourselves in our financial freedom journey. This post was written by a Financial Horse Contributor. 1. Not having a clear end goal People tend ...
financialhorsesgx:o39sgx:j7x
The SSB June 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 3.26% whereas the 10-year average return is now 3.33%. Good news is that the issue is upsized to ...
theturtleinvestorsgx:d05sgx:j7x
I’ve noticed quite active discussion about CapitaLand Invesment among readers. So I wanted to release this FH Premium article written last month, to give an insight into my thinking. Note that this was written in early April, so some of the charts are slightly outdated – but the thought process remains ...
financialhorsesgx:c09sgx:p40usgx:a17usgx:o39sgx:a68usgx:c31sgx:c2pusgx:j7x
Frasers Centrepoint Trust released the presentation of the results for the first half of the financial year 2024, which ended on 31 March 2024. I looked to see if everything was sunshine and rainbows or if there was anything worth worrying about. The 2 Important Things First – What’s The Drag? I noted ...
theturtleinvestorsgx:tq5sgx:j69usgx:awgsgx:jyeusgx:nexsgx:j7x
As many of you will know, DBS bank went ex bonus shares on Monday, 22 April. Interestingly, DBS shares have done very well since then. Here is the price chart for DBS (after adjusting for bonus shares). You can see the jump this week – hitting new all time highs at $34.79 (this would have translated ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:mu7sgx:j7x
The SSB May 2024 issue was undersubscribed with a lukewarm response from yield hunters despite sporting a yield of more than 3%. Only $301 million (0.3x) worth of applications were received out of the total $900 million available. SSB Trend As Of May 2024 The Singapore Savings Bonds SSB historical interest ...
theturtleinvestorsgx:j7x
The long-awaited change to the HSBC Reward Redemption system will finally be in place on 28 May 2024. I was browsing the HSBC website when I came across an important notice that had been plastered. It indicated that reward redemption would be temporarily paused from 20 May to 27 May 2024. The System ...
theturtleinvestorsgx:pu6dsgx:c6lsgx:j7x
In my weekend article, I estimated a yield of 3.70% – 3.85% for the upcoming 6-month T-Bills auction. Well, the auction results are out – 3.74%, towards the lower end of my projected range. However T-Bills demand fell quite a bit to $14.4 billion (vs $16 billion the previous auction). While auction amount ...
financialhorsesgx:o39sgx:d05sgx:j7x
Shortly after announcing an interesting divestment, Keppel DC REIT (SGX: AJBU) also announced its Q1 FY2024 results. Given the current high interest rate environment, could this divestment be a good move? In this article, we’ll deep dive into the 5 important takeaways from Keppel DC REIT Q1 FY2024 results, ...
gavinsgx:ajbusgx:s68sgx:bn4sgx:j7x
When it comes to growing idle funds, I have to give credit to the resourcefulness of some. One example of such ingenuity pertains to Mari Invest, MariBank’s flagship account that offers access to investment products that aim to provide higher returns than Mari Savings Account. At the moment, the only ...
theturtleinvestorsgx:axhsgx:c6lsgx:j7x
The closing date for the current issue of Singapore Savings Bonds (May 2024) is going to be on the 25 April 2024 at 9 p.m. Seeing that we are only two days from the closing date, I thought it might be a timely read for some. Although the returns for this particular issue isn’t particularly attractive ...
theturtleinvestorsgx:j7x
So the next 6-month T-Bills auction is on 25 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 closed at 3.75% yield. Bank fixed deposit rates have been steadily declining of late – so at 3.75%, 6-month T-Bills ...
financialhorsesgx:o39sgx:d05sgx:u11sgx:j7x
So I recently received this question from an FH reader: “Would you recommend to buy SSB this month or wait till next month? Or is this a time frame allowable where you can buy this month, then if next month rates are higher, redeem and put into next month’s SSB? Thank you!” My response, for the record, ...
financialhorsesgx:u11sgx:j7x
I’ve been getting a lot of questions on what is driving the drop in REIT and stock prices of late, and how things may play out going forward. So I wanted to release this FH Premium article written earlier this week, to give you guys an insight into my latest thinking. If you find this useful – do sign ...
financialhorsesgx:a17usgx:j7x
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
