Author: The Financial Guy

Today I wrote about DBS reducing interest and soon came the news from UOB. The reduction of interest is between 0.20% to 1%.

Some changes to the interest rates but It’s well expected given that Fed cut interest rates between 0% to 0.25%.

I deposit $200 in mid-Feb to try out this platform and at the end of Feb, there is a loss of $10.20 or 5.1%. There is no opening value as this account is newly created.

It’s another month of overspending. A sharp increase in home spending due to water storage heater tank is faulty and get a replacement costing $518 with the installation. Also, I pay for my aircon servicing package costing another $432. 

Apr 2020 SSB gives an average interest rate of 1.36% over the next 10 years and can be applied thru DBS/POSB, OCBC and UOB ATMs and Internet Banking.

It’s the Chinese New Year Season and I have prepared $1000 for Ang Bao which took up 23.9% of my spending. Other than that, under Home as I have a new tenant and there is a need to purchase new furniture.  

Mar 2020 SSB 1.71% for 10 years and 1.43% for 1 year

The placement tranche of 108,951,900 units were 3.2x subscribed and public offer was 8.3x subscribed.

Elite Commercial Reit is offering 114,686,200 units for It’s IPO at £0.68 per unit (payable in Singapore dollars at S$1.21 per Unit).

The AMEX Platinum Charge has an annual fee of $1712, but why I willing to sign up and pay for it and how much I can recover from the freebies?