Blog started 2016. Achieved Financial Independence in 2021. Personal journal to record investment decisions for my own reference and in future, for my loved ones who will take over the portfolio. Advertising free as I'm not seeking hits or ad revenue. On the internet anyone can have a pretend portfolio, whether you think this blog is fake or real, doesn't bother me. :)
Wednesday, 28 November 2018
November 2018: SingLife Insurance 3%, and SSB 2.5%+
As STI ETF is holding steady above $3, there was basically nothing to buy.
I continued to accumulate Ascendas Hospitality Trust in small amounts.
This months' SSB had a 10 yr interest rate of >2.5% and is liquid enough to put some of my warchest/emergency fund into it. This will be the first time I'm buying SSB.
Singapore Life Insurance had a promotional 3% 3 year endowment plan (essentially a fixed deposit) but the maximum amount you could place was $6,000. Given that this is way more attractive than the 2.7% Temasek Bond which sold like hotcakes (this policy is SDIC insured), I am surprised that there is no notification that the tranche was 'sold out' and the website still seems to be accepting new applications. Perhaps SingLife is just trying to expand its customer base/mailing list.
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