Blog started 2016. Achieved Financial Independence in 2021. Focusing on Spiritual, Mental, Physical and Financial Fitness. 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. :)
Friday, 27 June 2025
Portfolio: 6th milestone achieved in June 2025
Thursday, 19 June 2025
T-bills crashed to 2%
Turns out SSBs were better after all?
As I have mentioned, I have been placing my maturing T-bill funds into a combination of Fullerton SGD Fund, LionGlobal SGD MMF, and LionGlobal All Seasons (Standard) given the declining T-bill rates.
What I found interesting is how so many investors prioritised putting funds into 6 month T-bills as opposed to SSBs when SSBs were yielding 3%+. To me this was a classic example of short-termism.
Since you can always redeem an old SSB and put the money into a new SSB if rates rise (which is what I did for a few of my SSBs), bidding for SSBs yielding >3% was a no brainer. I made sure I had hit the $200k quota of 3%+ SSBs.
At the end of the day, the drop of interest rates makes it important to rethink my cash management strategy. The opportunity cost of holding cash/near-cash is high if rates are low. but I would like to have some lower risk investments. Which is why some of my cash allocation is going into the conservative LionGlobalAll Seasons (Standard) instead.
Monday, 16 June 2025
Exiting my small Telco Positions: BT, TEF, Starhub
Friday, 6 June 2025
Dividends Collected: May 2025
$46k dividends. UOB, OCBC, DBS, LLOY, SAN, ING paid their dividends in May. Wonder why all the banks paying out in the same month.
Tuesday, 3 June 2025
Confirming FSMOne Flat fee