Life is like a cup of coffee… Enjoy it while it last
The interest rate for Singapore Savings Bond (SSB) Sep 2022 (SBSEP22 GX22090Z) is at at 2.8% p.a. if held to maturity. This is slightly lesser than last month’s rate. If you invest $10,000, and hold it to Maturity at the 10th year, you would have earned $2,810. Even though this month’s interest is slightly lower … Read more
An overview of VTI vs SPTM VTI(Total Stock Market) SPTM(S&P 1500® Composite Stock Market) Benchmark Index CRSP US Total Market Index S&P Composite 1500® Index Inception Date 24 May 2001 04 Oct 2000 Expense Ratio 0.03% 0.03% Number of Stocks 4098 1521 Yield 1.59% 1.55% % of 10 largest holdings 22.47% 25.40% AUM 244.5 B 5.65 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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, … Read more
What is StepBet? StepBet is an app that lets you place a bet that you can complete the X number of steps for X weeks. You win if you can complete the challenge. If you cannot complete the challenge, then you lose your bet. How does it work? Each challenge is defined by your weekly … Read more
Never a dull moment in crypto. A month ago, we had the LUNA/UST crash, a couple days ago, Celsius halt withdrawals. Today, rumor has it that 3AC got margin called. What is next? Will there be Domino effects? And here is this interesting thread on why 3AC will not be the last. And then there … Read more
