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July 2022 Portfolio Update
I thought it would be interesting to do a Portfolio Update as haven’t done one since 2020. I think 2021 was the year I abandoned traditional finance for crypto. Let’s get to it. Income Portfolio Holdings % Allocation Syfe REITs 19% DBS 1.6% SSB (Singapore Savings Bond) 79.4% I’m starting a Income Portfolio so that…
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How to predict the future SSB interest rates?
First up, in order to predict the future SSB interest rates, we need to understand how SSB interest rates are determined. According to the MAS site: The SSB on offer in any given month are linked to the daily average SGS yields as published by MASin the previous month. https://www.mas.gov.sg/-/media/MAS/News-and-Publications/Press-Releases/Annex-1-FAQ.pdf So basically it is linked…
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How To Buy SSB via Internet Banking – Step By Step Guide
Before you can buy SSB, you need to make sure you have a Central Depository Account (CDP) account. You can apply for a CDP account here. DBS Internet Banking Login to DBS Online Banking Site and follow the steps. (Note that you cannot apply for SSB on the DBS Digibank app.) OCBC Internet Banking Login…
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Singapore Savings Bond (SSB) Aug 2022 at 3%- Should you buy?
The interest rate for Singapore Savings Bond (SSB) Aug 2022 is at at whopping 3% p.a. if held to maturity. This is the highest I’ve seen in the SSB history. If you invest $10,000, and hold it to Maturity at the 10th year, you would have earned $3,019. 1st year’s interest is at 2%. If…
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Alternative Income Updates – Q2 2022
This has got to be one of the most difficult quarterly update to write, with all the drama that has been going on the crypto scene. Interest from CEFI (Centralized platforms) I have stopped lending and withdraw all my stable coins from all CEFI platforms in May after the Terra/UST meltdown. This include Celsius, Hodlnaut,…