DBS Result Analysis – Should You Continue To Hold DBS?

Following up on an article published in September on my page, shares of the three listed banks rose at least 24%, with DBS rising 29%. In this article, we will cover DBS’ financial result, released on 10 February 2021 and look into the outlook given by the company. This article will guide you in deciding…

Best Savings Products in Singapore (February 2021)

Banks have been reducing interest rates for savings account in hopes of saving its own NIM. Recently, several savings products popped up to meet the needs of high yield savers. In this article, we will discuss the feasibility in using such products as an alternative to your usual savings account.

Syfe Cash+ Review – How does it compare to the rest?

The banks did it again. In just a few months, several popular savings accounts had their interest rates cut multiple times. For example, Standard Chartered’s Jumpstart account, an account which I have been using since late 2019 had its interest rate cut twice from 2% to 0.4% in months. OCBC 360, OCBC’s flagship savings account…

Another Personal Finance and Investing Update

Apologies that I have not been posting any educational post lately. I have been procrastinating after finishing work each day that I did not really set aside time to do any reading or research.  In this post, I will be making a quick update on what happened for the past 2 month since my last…

GIGANTIQ Review – Your Next Best Alternative Savings Plan

I started chasing for yield when I was as young as 16. CIMB FastSaver was the most popular no frill savings account recommended by many. I was happily earning my extra cai png money every month for years until Standard Chartered introduced the Jumpstart account in 2019, offering 2% for the first $20k. Low interest…

How to save $10k before ORD

As a NSF myself, I am always interested in reading articles about finances meant for NSF or youth in general. I recently chanced upon an article by The Woke Salaryman. In the article, he shares about the best things one can do for themself during NS. Among what is shared, saving $10k by ORD is…

How to Fund Your University Fees in Singapore

Congratulations on completing 12 or 13 years of schooling! For the JC students, you will be taking by far the most important exam in your whole life – A Level, which will decide where you will go in University. As for the Poly students, you should be either stressing out on your Final Year Project…

Low Interest Rate Environment – Should You Still Buy Banks?

Ask around investors who recently bought banks – be it DBS, OCBC or UOB. Many would say that they bought Banks because it offers an attractive dividend yield of more than 5% (before dividend cap) in this low interest rate environment. Many complain that REITs, once loved by dividend investors, now offer low dividend yield,…