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Author: careyourpresent

SSB – SBOCT23 GX23100T This month – 3.16%! Buy or bye?

Posted on by careyourpresent

As predicted in my article on SSB posted on 28 Aug 2023 (Update to Singapore Saving Bonds (SSB) SBSEP23 GX23090F), this month bond is indeed slightly higher than last month, the average is 3.16% for 10 years. One key point to highlight is that the amount offered this time is S$800 millions, which is S$200 millions higher than last month. Maybe MAS thinks more people would applied this month since rate is higher?

My SSB Bond Ladders

Personally, I have also managed to get everything what I have wanted for last month (see: Singapore Saving Bonds (SSB) – SBSEP23 GX23090F application outcome) and replenish my bond ladders. I almost reach the limit of 200k but not yet.

I am more inclined for opportunities in market rather than SSB, since I have lots of SSB now. Additionally, short term rate in Money Market Funds, or high saving accounts like Esaver, CIMB FastSaver, OCBC360, UOBOne are already giving me 3.5% to 5% in the short term, which is much higher than the 3.05% of SSB. Current issue is only slightly higher, unless you have millions in SSB (which you can’t since the limit is 200k), the difference are not that big.

Anyway, picture speaks a thousand words. Let me shared my bond ladders charts 🙂

Let’s Recap First!

Let’s us recap the advantages of SSB first:

  • Very safe – backed by Singapore Government
  • Locked down decent rates of around 3% for 10 years.
  • Easy to redeem and can redeem partial
  • Liquidity needs maximum of 1 month where you can get your money back. Hence suitable as emergency fund.
  • Limit of 200k should be good enough for most people.
  • Can build Bond Ladder to get monthly income (which I have already did)

Let’s us recap the disadvantages of SSB:

  • Short term rates are lower than banks’ fixed deposits, money market funds such of around 3.5% and above.
  • Risk Free 6 month treasury yield is close to 4% which is higher
  • Low returns
  • 1 month liquidity to redeem your funds may be too long for people who need the funds immediately.

Buy or Bye?

It’s a good buy if you have spare cash and want to lock 10 years rate.

Otherwise, perhaps might be better to wait for chance in equity market?

This is the first time in history where there is an unprecedented increase in interest rates by FED within a short span of few months. There will be time lag effect for the hike in rate to affect the market – very likely the coming few months till early Q1 2024. We shall see 🙂

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!

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:

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!

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!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

$0 Free of Charge Transfer of SGX Shares from FSM to CDP and updates! – Done in less than 3 days!

Posted on by careyourpresent

On 29 August 2023, I have shared in detail via this article ($0 Free of Charge Transfer of SGX Shares from FSM to CDP and updates!) on how I did the transfer of my shares in FSM to CDP. I am old school and I love CDP very much and wanted to buy SGX shares using the lowest cost…update…The transfer is completed now!

Yes, it took only 28 Aug 2023 to 31 Aug 2023 to complete!

Here is the timeline:

I have completed the 3 Steps on 28 Aug 2023 and sent out the email to FSM on 11.24 AM on 28 Aug 2023 to request for the transfer.

They replied me at the nighttime of 28 Aug 2023 on 21.36 and informed me that there is an update to the new form and asked me to submit the new form instead.

I have submitted the new form 29 Aug 2023, 1.46pm.

They replied me on 29 Aug 2023, 22.29 stating my signature is wrong. (ops, i accidentally put in my wrong PDF signature.)

I resubmitted again with the correct signature on 30 Aug 2023 9.34 am.

Guess what? I received a call around 30 Aug 2023 11 am to ask me to verify my transfer request via OTP. Then received the following email after a while.

Guess what? Transfer to CDP done at 31 Aug 2023 at 1.57pm!

Summary and good deal!

Low commissions to trade SGX stocks, then free transfer to CDP (currently is waived till further notice, hope they don’t remove it soon), fast and efficient customer service officers! Whole process with emails reply and fro but took only 28-31 Aug 2023, less than 3 days to complete! What else could you ask for?

Don’t miss this good deal!

Don’t miss out another good deal from Webull this month!

Simply sign up here and fund ANY amount (S$0.01 also can!), hold for 30 days and get US24-800 worth of free shares! 8 Free shares!

WeBull – Fund any amount deal is back! Free Money!

Posted on by careyourpresent

It’s been a while since I shared about WeBull deal. My last sharing is New Webull Promotion – Get Free Money now! For readers who have been reading my posts for a while, I will not share things that I am not using or things that are not attractive to me personally.

The past WeBull signup welcome deals have not been very attractive to me; hence I have not been sharing about them (my last share was in May 2023). However, the coming deal is very attractive and is live now!

Hence, I must share them now!

Do sign up for it and earn the free money now!

What’s the attractive deal?

Simply sign up here and fund ANY amount (S$0.01 also can!), hold for 30 days and get US24-800 worth of free shares! 8 Free shares!

Note: Last day to apply is 28 September 2023, 15.59 Singapore Time!

Singapore Saving Bonds (SSB) – SBSEP23 GX23090F application outcome

Posted on by careyourpresent

In my earlier post, I have shared about my plan for the Singapore Saving Bonds for this month:

I have redeemed 27K worth (13.5k each for me and my spouse) for old SSB issue SBSEP22 GX22090Z and applied for 86k worth (43.5k each for me and my spouse).

However, for me, I have decided to subscribe this month SSB and redeem my old SSB issue SBSEP22 GX22090Z (with average yield of 2.8%). This issue has the same coupon pay month as the current issue. As mentioned previously, I have already built and plan to continue to build SSB Bond ladders, hence, this is important to me when I redeem old issues.

Did I get everything that I wanted?

The application outcome for Singapore Saving Bonds (SSB) – SBSEP23 GX23090F application outcome is out!

Since 600millions are offered, only 523.4 million applied. Everyone get what they want. No Refund.

$0 Free of Charge Transfer of SGX Shares from FSM to CDP and updates!

Posted on by careyourpresent

On 19 July 2023, I have shared in detail via this article (Cheapest and best way to trade Singapore Stocks with CDP) on how I did the transfer of my shares in FSM to CDP. I am old school and I love CDP very much and wanted to buy SGX shares using the lowest cost possible. There are only two options available in the market now – DBS Vickers Cash upfront and FSMone. But I can’t use DBS Vickers Cash upfront because I am using Joint CDP account as per of my estate planning. (read: Simplified Guide to the Key Gist of Grant of Probate and Estate Planning).

I love FSM as one of my favourite brokers! Why so?

As shared in that article, I used FSM to buy because I can put my spare investment funds earning 3.1% in FSM Autosweep while waiting for sales in the market. Commissions to buy sgx shares for value of $10+ is only around $12-$14 and I can transfer the shares to CDP for free.

As a summary of what has happened in the last transfer!

On 17 Jun, I have sent in request to FSM to request the transfer of three shares – Boustead, MIT and Areit from FSM to CDP. The transfer is done on 21 June 2.41pm with the shares minus from my FSMone account and credited to CDP account.

New Transfer today on 28 Aug 2023

Although Dividend Investing is Dangerous, I didn’t heed that advice. Instead, I have taken advantages of the recent volatility in the market to accumulate some shares and initiated the transfer of SGX shares from FSM to CDP on 28 Aug 2023. Let me share the screenshots and processes again for those who wish to find out more.

Let me share more about the Transfer Process

Step 1: Fill up the transfer Form

To transfer out your stocks/ETFs to CDP, please complete FSMOne Security Transfer-In/Out Instruction (Cash) and send it to us via email.

Sorry, FSMone replied me and informed me that there is an updated form with effect from 1 Aug 2023. Please go to the new link below.

You may download the new transfer form from our website at Support > Form/download > Stock, ETFs, Bonds Transfer in/out of FSMOne(Cash Holding)> SECURITIES TRANSFER FORM (CASH ONLY) . 

https://secure.fundsupermart.com/fsm/advice-services/faq/2195/

How to fill the form:

There are some parts of the forms which I don’t know how to fill until I went to ask FSMone customer service. Since I have the information now, let me share it. See the screenshots below.

Updated 29 Aug 1.55pm with screenshots of new form
Updated 29 Aug 1.55pm with screenshots of new form

This part of the form quite easy and just fill accordingly.

Step 2: Download your latest statement of Holdings in FSMone

Download and attach a copy of the latest statement of holdings (dated within 3 months) with this transfer form and follow step 3.

Step 3: Send to FSM and wait!

Email your transfer form (step 1) and latest statement (step 2) to [email protected].

After that just wait for the acknowledgement and the transfer to take places.

I have done the transfer at least 6 times, so far all of them took within a week with only 1 time that took about a month. That’s why FSMone normally will tell you take 1-2 weeks but usually it’s faster than that.

Waiting Time Now

I have completed the 3 Steps on 28 Aug 2023 and sent out the email to FSM on 11.24 AM on 28 Aug 2023.

Updated: They replied me at the night time of 28 Aug 2023 and informed me that there is an update to the new form and asked me to submit the new form instead.

Let’s see how long this time will take 🙂

For those who have noticed, I have not been sharing my buys/sells via Twitter…

For those who have noticed, I have not been sharing my buys/sells via Twitter REALTIME…

My original intention is to be transparent and also perhaps set it as a form of record for my own reference (future kids reference when they grow up). However, after a while, I am thinking perhaps it is better not to share and it may consciously and subconsciously, influence other people to follow the buy/sell?

Should I continue to share? maybe but not realtime.

Anyway, now the trades are done quite a while ago, perhaps I can share that recently,

  • I have bought CapitaLand China Trust (hit Covid low and lots of fear, why not?)
  • I have bought Mapletree Logistics Trust
  • I have bought CKI listed in Hong Kong at 39.1 (going to xD, more dividends coming and 6.5% yield, why not?)
  • I have bought Mapletree Industria Trust at $1.17 and sold at $1.25 because I feel that risk and volatility will be high in Sep 2023 for US side. MIT 50% is Data Centres in US.

Currently I am holding to 53% cash. Now is good time for investor to wait since waiting cash can earn 3%~4% yield. So why not wait for good chance to enter.

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!

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:

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!

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!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Update to Singapore Saving Bonds (SSB) SBSEP23 GX23090F 

Posted on by careyourpresent

In my previous post, I have shared about the latest SSB – SBSEP23 GX23090F (Read: SBSEP23 GX23090F – Important Updates!) and what plans might be. Today is the application deadline, 28 Aug 2023, 9pm. For those who are keen, please remembered to apply by 9pm today.

The interest rates this time is 3.06% on average for 10 years. Finally, above 3% again, good deal for savers.

Next Month SSB

Next Month SSB is likely much higher if we use the famous ilovessb to check. Given the interest rates trend and FED saying that they won’t hesitate to raise interest rates higher to curb inflation, next month rate likely will be slightly higher and might go even higher for the subsequent months.

What I have did

Given the above data, very likely next month there is a chance of oversubscribed and people will tend to wait for next month for higher rate.

However, for me, I have decided to subscribe this month SSB and redeem my old SSB issue SBSEP22 GX22090Z (with average yield of 2.8%). This issue has the same coupon pay month as the current issue. As mentioned previously, I have already built and plan to continue to build SSB Bond ladders, hence, this is important to me when I redeem old issues.

I have redeemed 27K worth (13.5k each for me and my spouse) for old SSB issue SBSEP22 GX22090Z and applied for 86k worth (43.5k each for me and my spouse).

Let’s see if I will get all?

old SSB issue SBSEP22 GX22090Z