3 months ago, I reviewed moomoo Cash Plus in a blog article. For a sector that reacts and moves in seconds, 3 months is indeed a long time. Between now and then, the Fed had surprised market observers by relentlessly hiking interest rates. As a result, we now expect higher interest rates across the different products (i.e. Singapore Savings Bonds, Singapore T-bills, Money Market Funds). Moomoo SG ... continue reading...
How Do UOB, DBS, OCBC Fixed Deposit Rates Compare to other banks in Singapore?
I am not a fan of fixed deposits and have never been one, even if they are now offering sky-high interest rates. Nevertheless, I understand that there’s a place for them in some investors’ portfolios. If not, why would there be hour-long queues to place fixed deposits at some of the local banks? Even then, are the trio of local banks offering the best fixed deposit rates in town? In this article, ... continue reading...
Top 3 Critical Illness or a range of 53 Critical Illness- which coverage suits me better?
When I conducted a holistic review of my insurance coverage recently, I realised that there was a small gap in my critical illness (‘CI’) coverage. Specifically, the critical illness plan was a rider tagged to a term life that was purchased just before my daughter was born. Over the years, I am fortunate enough to have commanded a higher salary but inevitably taken on more liabilities at the same ... continue reading...
HDB BTO and HDB resale prices have increased, are they still affordable?
For the past couple of years, we have been bombarded with news of climbing HDB prices as well as the increasing number of million-dollar flats. According to an article published on Straits Times in September 2022, HDB resale prices have been climbing for 26 straight months. For aspiring first-time home owners and low-income families, there is an increasing perception that HDB flats are getting ... continue reading...
Heartland Boy’s strategy to maximise his personal income tax reliefs in 2022
I usually get my tax reliefs all sorted out during the year-end period but I have decided to embark on the exercise earlier this year. The key reason is the passing of the CPF Amendment Bill 2021 which affects income tax reliefs arising from cash top up made to CPF accounts. This inevitably cause significant changes to how I plan to maximise my personal income tax reliefs in 2022. While it was ... continue reading...
