Did you buy BS22125T 6-Month T-bill? Cut off yield 4.28%! and Market Updates

BS22125T 6-Month T-bill

If you refer to my last post on T-Bill, Treasury Bill: Competitive or Non-Competitive on what cut-off yield should be submit, I have said the following:

What yield did you submit?

Auction Result

If we look at the auction result, the cut-off yield is 4.28%. Total amount allocated is 4.4 billions out of the 11.8 billions applied. This mean 37.2% are allocated. Out of these 37.2%, 1.6 billions are given to the non-competitive applications.

The cut-off yield is 4.28%. This mean that for those who submitted competitive bid >4.28% will not get anything. If we compared to my earlier suggestion in my last post (which I have copied the relevant portion for easy reference above), I have suggested to bid at least 4.2% above if we believe the rates will remains high. What have you bid?

What’s next?

Personally, I have submitted a bit for 4.3%. Ops! I missed by 0.02% (4.3-4.28)! I will get everything refunded. Well this is part and parcel of life, bidding for auction etc. It’s ok, as I have mentioned in my previous post https://careyourpresent.com/best-places-to-put-liquid-cash-now/, we have many other alternatives.

There will be an upcoming Singapore Saving Bonds (SSB) with application close date

27 Dec 2022, 9pm – I will apply this!

For my remaining cash, I will put in MoneyOwl WiseSaver as mentioned in this post. The yield has drop a bit but it is still good rates.

For those who are unaware, WiseSaver is investing in Fullerton SGD Cash Fund – Class A (SGD) which invested mainly in SGD Fixed Deposit and backed by Temasek. MoneyOwl itself is under NTUC income. It is as safe as you can get!

You can use my referral link (or key in 6SHU-93MC) to get free $20-$60 Grab Vouchers when you invest with them. Personally there are readers who have used my referral. Thank you!

Moreover, there is a promotion until 31 Dec 2022 now where you can get $20 worth of WiseSaver units by 31 January 2023 if you open WiseSaver Account. Don’t missed it!

Ending Note – Market Update

Before I end this post, I would like to highlight that the market will going to be bad as more earnings are announced with higher interest rate, reducing liquidity by Fed in 2023 (you can also refer to my related posts on market updates). As the saying goes,

DON’T FIGHT THE FED!

Do keep your funds liquid (which I am doing so via UOB ONE, OCBC360, MoneyOwl, FSM, SSB etc) and wait for the chance to create life changing generation wealth when the time come. Capitulation will come soon in 2023. Take care, plan well and stay safe. It will be very sad when you see good and cheap assets but you have no money to buy.

I will end this post with something that I have replied in Twitter.

People cannot timed because they are blinded by fear and greed. Something are very clear but people like to follow the most easy way DCA. We all have limited funds, can one keep dca all the way down? Very likely will give up halfway and that's it, capitulation!

— Careyourpresent(💙,🧡) (@careyourpresent) December 21, 2022

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

• Simplified Guide to the Key Gist of Grant of Probate and Estate Planning
• Cheapest and best way to trade Singapore Stocks with CDP
• Mastering Dividend Investing: 5 Evergreen Investment Principles
• Unlock Lucrative Returns with IAPD: A High-Yield ETF Providing 7% Annual Yield and Quarterly Payouts
• Unlock Lucrative Returns with SDIV: A High-Yield ETF Providing 11% Annual Yield and Monthly Payouts
• If I am a dividend investor, this is what I would do….
• 7 Things to consider before buy a dividend stock
• 4 Dividend ETFs that can let you sleep well even in the scary bear market
• 5 Best Counters for Passive Dividend Investing
• The Three MOST Important Traits of an Investor
• What is the best investment strategy in the world?
• Ultimate Strategy of buying REITS: XXX instead of X000?
• Ultimate Free 2 Days Reit MasterClass: Exclusive at Careyourpresent.com only!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

• The Best Advice to Parents and Child
• What if Later never come?
• What will you bring with you on your last day on Earth?
• Time is the ultimate currency, not money
• Our Life only have 5 short Days – we should live the best for every day
• Truly understand Living in the Moment now
• 11 Important Unexpected Life and Money lessons to learn from Your Children
• The days are long but the years are short
• Ditch your mobile phone to build real life
• Careyourpresent: Time is the most important
• Careyourpresent: What is your purpose of life?
• Careyourpresent : Greatest Regrets in life
• Careyourpresent : You might not believe it. It’s little unexpected things that make up a real life
• Careyourpresent: Something only happen once in life, if you missed it, it’s gone forever…
• Careyourpresent : Why is Gold useful?
• Careyourpresent: Frozen. Let it go!

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

• Telegram Group (Chat with me and other like minded people!)
• Telegram Channel (Get the latest updates on the markets/life!)
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You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

• Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
• WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
• MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
• Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
• FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
• Hostinger: You can use this link for hosting your new website. 20% off hosting!
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