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Singapore Savings Bonds SBJAN23 GX23010Z: A Safe and Secure Investment?

Posted on by careyourpresent

Risk Free Heaven Hunters

Currently we are in the best world condition where interest rates keep rising, I believe that many yields hungry, but more risk averse people are hunting for the best yield returns for their idling cash. Is the coming Singapore Savings Bonds SBJAN23 GX23010Z with average yield of 3.26% a safe and secure investment?

The recent MAS treasury bill is 4.28%, did you apply it? I did but didn’t manage to get. You can read from my past post below. Would I buy the upcoming SSB?

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

Upcoming Singapore Saving Bonds

SSBs are low-risk, long-term investment instruments issued by the Singapore Government. They offer a fixed rate of interest for 10 years and can be held for up to 10 years. They may be suitable for investors who are looking for a stable, low-risk investment with a long-term horizon. However, SSBs generally provide a lower short-term return as compared to other alternatives.

Let us look at the details of the upcoming bond – information for this issue below are extracted from MAS website.

If we look at the tables above, you will get 2.95% on 01 Jan and 01 Jul half yearly for the first 3 years, after that it will increase to 3.25% followed by 3.36% until it reaches 3.63%. The average 10 years rate if you held for 10 years are 3.26%. Application deadline is tomorrow 9pm.

If we compared to other liquid cash option (Best places to put Liquid Cash now), this is very low.

Most people won’t not want to buy it on the first look. They can easily get more than 3% using local bank accounts or even Fixed Deposit. Why should I lock my money up for a miserable 2.95%? This doesn’t make sense.

Think Further

However please think further. Let us look at the 10 years treasury yields. The rates although drop as compared to few months ago but it is slowly rising back.

If we take a step back, the Federal Reserve, also known as the central bank of the United States, sets a target for the federal funds rate, which is the interest rate at which banks and other financial institutions lend and borrow money overnight. The Federal Reserve adjusts the federal funds rate in an effort to influence economic activity and maintain price stability.

Inflation is a measure of the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. Central banks, including the Federal Reserve, attempt to maintain price stability by setting an inflation target and using monetary policy to achieve it.

When the Federal Reserve raises the federal funds rate, it can signal to the market that it is trying to curb inflation.

https://www.cnbc.com/quotes/US10Y

Inflation rate is coming down but is still high. Although Fed is not pivoting but is slowly reducing rate hike, the 3-4% interest rate provided by the banks may maintain for a while but how long? By then if you want to come back to buy SSB, you may not have a chance to get an issue for more than 3%?

Other considerations

Let us also think of the advantages and disadvantages of SSB for this issue

  • Decent long-term rate for above 3%
  • Short term rate of 2.95% is decent compared to normal saving accounts
  • High liquidity. Can redeem and take back the funds within a month (As I have mentioned previously, upcoming 2023 year the market will be back, keeping your funds liquid while earning some returns will give you the opportunity to earn generational wealth.)
  • Backed by Singapore Government

Disadvantage of current SSB issue

  • Lower returns as compared to other alternatives. While the rate may be higher than the rate offered by most savings accounts, it may not be as high as the potential returns offered by other types of saving alternatives
  • Long-term investment horizon: SSBs have a maximum maturity of 10 years, which means that you will need to hold the bonds for a significant period of time in order to realize the full average return of 3.26%

What would I do?

As I have mentioned below, I am building SSB bond ladders for my emergency funds since July 2022 and have already completed it. I will be getting SSB return every month for the whole year of 2023, it’s a small amount but better than keeping it rot in normal bank saving accounts.

https://eservices.mas.gov.sg/statistics/fdanet/StepUpInterest.aspx

I will redeem the July 2022 issue as it only gives me 1.69% every July and January. Meanwhile, I will apply the current issue (which also pays every July and January) to replace my loss in SSB income for the months of July and January. Application deadline is 9pm tomorrow, please remember to apply by the deadline!

A picture speaks a thousand word. In case for those who are unsure what I mean by SSB bond ladder, let me end this article with my SSB bond ladder screenshot from the SSB portal. The Jan and Jul in the picture below will be gone after I redeemed my July 2022 issue tomorrow but will be replaced by the upcoming issue 🙂

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 🙂

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

Posted on by careyourpresent

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.

https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar/auction-t-bill?issue_code=BS22125T&issue_date=2022-12-27
https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar/auction-t-bill?issue_code=BS22125T&issue_date=2022-12-27

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!

https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar/issuance-singapore-savings-bond?issue_code=GX23010Z&issue_date=2023-01-03

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.

https://www.moneyowl.com.sg/promotions/wisesaver-2022-promotion/

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.

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 🙂

Market Update – RED! and How much would the yield be for the next BS22125T 6-Month T-bill?

Posted on by careyourpresent

BS22125T 6-Month T-bill

In case for people who are not following the latest T-bill news,

The latest T-bill is out for application with the deadline of 20 December 2022 and the Auction Date 21 December 2022. Please remember to apply latest via internet banking (Cash and SRS) or in person (CPF) by 20 December 2022. For those who want to apply using CPF-OA and CPF-SA funds, please go down in person to our local banks (DBS, OCBC or UOB).

https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar/auction-t-bill?issue_code=BS22125T&issue_date=2022-12-27

What would the yield be?

The last 6-Month cut off yield was at 4.4% (historical high). What would the upcoming yield be? Given that there was a rate hike yesterday and the FOMO due to last 4.4% and the data in the MAS website, quite likely, it will be around 4 to 4.3% for the upcoming T-bill (very likely is less than 4.4%). If you would like to have some risk-free assets, do consider it.

Would I submit a bid for the auction?

Personally, I won’t.

This is because I have enough emergency funds with SSB (I prefer to lock 2.5%-3%+ for 10 years, with the flexibility of being able to take out the funds within the maximum of 1 months).

My other funds are kept with UOB, OCBC, FSM and Money Owl which I have shared in my earlier post on Best places to put Liquid Cash now, especially with Money Owl which also give 4.2% with full liquidity. I need these cash to take advantage of the following…

You can use my referral link (or key in 6SHU-93MC) to get free $20-$60 Grab Vouchers when you invest with them.

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.

Take advantage of what?

I am indeed feeling some FOMO (see my post this morning), hence I took advantage of tonight to buy some small amount of VT. I am prepared to buy more as it goes down. (Of course, there are some other shares/cryptos I may buy later as the market goes down further, but likely I won’t mentioned in my site as those are riskier and not suitable for everyone.)

Screenshot from Webull App

Market Update

Quite likely the market will go down further for the next few days (at least).

Remember what we have posted last? Today is the mid of Month!

Please refer to this post https://careyourpresent.com/market-updates-be-careful-with-the-weeks-ahead/

Anyway, for those who are keen, can refer to the menu on my main page. For market related, I will put in this menu bar call “Market Updates” (see screenshot below).

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 🙂

Should I purchase the upcoming Treasury Bill?

Posted on by careyourpresent

Question

Should I be purchasing the upcoming Treasury Bill? This is a question that quite a number of people asking me.

How does MAS Treasury Bill works?

This means what when you apply for 12k for a 6-month T-Bills (for example) and successfully auction and get 10k at 4% yield. On the refund day, you will get back 2000 + 10000*182/365*0.04 = 2000 + 199.45= 2199.45 (assuming 6 month is 182 days). At the end of 6 months (182 days), you will get back your $10k.

For those who are unaware how this work, Treasury Bill is issued by the Singapore Government on a regular basis. From the main website itself, they are short-term Singapore Government Securities (SGS) issued at a discount to their face value. Investors receive the full face value at maturity. The Government issues 6-month and 1-year T-bills.

Upcoming MAS Treasury Bill

The upcoming treasury bill is open now with auction date on 8 Dec 2022. If I look at the past statistics, I will estimate the yield to be 3.5% to max 4.0% (quite likely my guess will be 3.6%).

Source:

Should I purchase the upcoming Treasury Bill?

To answer this question, my answer will be no if you have more than 10k to invest.

This because there are a lot more better options available.

Other better options

For 10k, I can simply put into CIMB FD which give 3.95% for 10k for 6 months. I can also put into more liquid accounts such as UOB ONE that can easily go to 5% with $500 spend and salary credit OR OCBC 360 which can go easily to 4.05% with just salary credit and save bonus. All these options provide higher yield with better liquidity.

https://www.cimb.com.sg/en/personal/banking-with-us/accounts/fixed-deposit/cimb-sgd-fixed-deposit-account.html

Other options which include SSB that allowed you to lock 3% plus rate for 10 years. Or simply use Money Market Funds like Moneyowl Wisesaver, which give 3.68% using Fullerton Professionally Managed Cash Solution by Fullerton Fund Management (Temasek-Owned). Low return high return!

You can use my referral link to get free $20-$60 Grab Vouchers when you invest with them. Moreover, there is a promotion until 31 Dec 2022 now where you can get $20 worth of WiseSaver units by 31 January 2023.

https://www.moneyowl.com.sg/wisesaver
https://www.moneyowl.com.sg/promotions/wisesaver-2022-promotion/

Why waste time and take the extract effort to ballot?

Conclusion

Hope this article make your choice easier. Take care and see you next time!

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 🙂

Singapore Saving Bonds – This month SBJAN23 GX23010Z is out! 1st year 2.95%, 10-year average 3.26%! Buy Buy Buy or ignore?

Posted on by careyourpresent

BJAN23 GX23010Z

The rate is out – it’s not bad 3.26% for 10 years. Although it is lower than last month, but 3.26% for 10 years are not bad! Higher than OA but lower than SA!

Other alternative?

Of course, if you look at Fixed deposit rate (example, CIMB give 3.95% for 6 months), it’s a sure lose in the short term, but good for longer term as we don’t know how long the high interest rate will last! But best option now is UOB where you get 5% if you fulfill salary credit and $500 spending (most people will hit this!) Hence ultimately, it depends on your objective.

Application Details

The amount offered is S$900.0 million as compared to S$1000.0 million, perhaps MAS expects less people to apply?

For those interested, these are the application timeline:

  1. Opening Date: 01 Dec 2022, 6pm
  2. Closing Date: 27 Dec 2022, 9pm
  3. Allotment: 28 Dec 2022, after 3pm
  4. Issuance: 03 Jan 2023 (by end of day)

What’s my plan? SSB Ladder Bonds!

For me I will redeem my June 2022 SSB which give me 1.69% for the 1st year and apply for this issue. In this way I will still have my SSB ladder bonds that I have painfully built up! The rest I will leave in UOB ONE, OCBC 360, CIMB Fast Saver etc. I have shared more about this last night. You may wish to check out this post! (Why buy equities when saving accounts give 5% or more?)

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!

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

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