Category: Singapore Stocks Investing

SINGAPORE SAVINGS BONDS OR FIXED DEPOSITS?

Dear readers, recently I shared with readers the Oct 2018 Singapore Savings Bonds (you can read the post here as well as a new Fixed Deposits from Hong Leong Finance that pays 1.8% yields for a holding period of 12 months (you can read more here). Some people may ask which is a better deal: Singapore Savings Bonds or those Fixed Deposits. Before we jump into the verdict, let us review the background behind the Singapore Savings Bonds and the Fixed Deposits again. Read more »

HDB FLAT: 80% RESPONDENTS SAY AN EXTENDED LEASE

Dear readers, ever since the National Day Rally 2018, the topic of whether an HDB flat is an Asset or an Extended Lease has been widely debated. To get a sensing or rather quantify the proportion of people supporting either the position of an Asset or an Extended Lease, I have conducted a poll on Singapore Stocks Facebook Page (you can view the polls at the top of the link here ). Based on the results as of this time in writing, almost 80% of respondents view a HDB flat as an extended lease versus around 20% respondents supporting the Asset position of a HDB flat. Read more »

ENHANCED INCOMESHIELD PREMIUMS AND RIDER CHARGES: STEEP INCREASES

ENHANCED INCOMESHIELD, INTEGRATED MEDISHIELD, NTUC INCOMESHIELD, MEDISAVE, MEDISHIELD LIFE

My family and I are under the Enhanced Incomeshield plan which is part of the Integrated Incomeshield that consists of both the Government’s Medishield plan and an additional private insurance component (by the insurance company). Recently, I received the annual statement of renewal of our annual Enhanced Incomeshield plans which also listed down the annual premiums and charges for the Assist Rider for both myself and children to be paid in the next insurance coverage year. While expecting higher medical premiums and riders to be paid (since the Government has in part broadly announced that private medical costs would be expectedly to go north in time to come), I am surprised at the quantum of the increase. Read more »