Author: The Financial Guy

Let’s see the good first.

Your dividend credit used to be only for CDP and SGX only and will need to deposit into your Personal or joint DBS/POSB savings/current accounts.

Built-in 2007, the hotel is 20 storeys high with 262 rooms and 37 suites. It is located at 29 Tanglin Road, going to orchard road one of the primary destinations only took you a short 5-10 minutes walk.

With the Fed maintaining low interest. It’s expected that banks will be adjusting their interest rates for Current and Savings Account.

This Syfe portfolio will be a small part of my savings plan. The reason why I choose Syfe is that it focuses on Reits and bonds thus the risk level is considered low.  

Yesterday Tiger broker announced that they launched access to the Singapore Exchange (SGX). Tiger broker is backed by Xiaomi and is listed at NASDAQ:TIGR.

Currently users are able to trade on the platform on the list of stock exchanges, such as the New York Stock Exchange, the Nasdaq stock market, as well as the Hong Kong Stock Exchange. 

Finally, my spending is within target. Without the need to report for work for most of the times in May. Significantly deduction on my petrol cost. Food wise also managed to save a lot due to home cooking at home and by eating simple, the savings also partly is due to McDonald closure.  

Let’s hope for June, I won’t excess my budget by too much or better if can remain withing my budget.

American Express has an offer for Platinum Members to enjoy up to S$500 of statement credit on Everyday Essentials & More. You will need to log into your account and Save to Card for the promotion.

June 2020 SSB gives an average interest rate of 0.80% over the next 10 years and can be applied thru DBS/POSB, OCBC and UOB ATMs and Internet Banking.
This bond will be reflected as “SBJUL20 GX20070W” in your CDP statement or “GX20070W” in your SRS statement and “ CDP-SBJUL20 ” in your bank statement.

June 2020 SSB gives an average interest rate of 1.06% over the next 10 years and can be applied thru DBS/POSB, OCBC and UOB ATMs and Internet Banking.
This bond will be reflected as “SBJUNE20 GX20060S” in your CDP statement or “GX20060S” in your SRS statement and “ CDP-SBJUNE20 ” in your bank statement.

I thought that I’m able to spend less during the month of CB however as my 2 lines of HPs are due for recontracting, I actually overspend again after paying for the new phones. Overall, my spending is on a downtrend as per the graph shown below. Hopefully the month of May I can get back some of my budgets.