It has been a roller coaster ride for the Singapore stock market this month. Investors seem to be swinging from optimism to depression depending on what is the favourite news of the day. I didn't do a single stock trade, even though I was monitoring the market everyday.
1. I subscribed for this month's Singapore Saving Bond GX18120X. I was surprised to get my full allocation of $20,000. At an average yield of 2.57% per annum, I thought there would be more people subscribing for this issue.
2. A few days ago, our financial advisor had informed us about Singlife's new 3-year endowment tranche (link). The yield is a compounding 3% per annum. Sadly, Singlife only allowed a maximum investment of $6,000 per person. My wife and me decided to grab the opportunity, even though our budget was a bit stretched.
3. One of our insurance agent friends informed us about an upcoming Great Eastern endowment policy, with a guaranteed payout rate of 2.2% per annum. However, my kiddo's endowment policy premium is due next month, I have to set aside cash to pay for it. Hence, we decided to give this opportunity a miss.
One more month to go before the year ends. Some major cash outflows coming up in December (and it is not because of Christmas.)
Till next time!
1. I subscribed for this month's Singapore Saving Bond GX18120X. I was surprised to get my full allocation of $20,000. At an average yield of 2.57% per annum, I thought there would be more people subscribing for this issue.
2. A few days ago, our financial advisor had informed us about Singlife's new 3-year endowment tranche (link). The yield is a compounding 3% per annum. Sadly, Singlife only allowed a maximum investment of $6,000 per person. My wife and me decided to grab the opportunity, even though our budget was a bit stretched.
3. One of our insurance agent friends informed us about an upcoming Great Eastern endowment policy, with a guaranteed payout rate of 2.2% per annum. However, my kiddo's endowment policy premium is due next month, I have to set aside cash to pay for it. Hence, we decided to give this opportunity a miss.
One more month to go before the year ends. Some major cash outflows coming up in December (and it is not because of Christmas.)
Till next time!
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