1. Singapore Financial savings Bond is providing a ten yr common yield of above 3% p.a. once more.
Like I mentioned prior to now, this implies it makes extra sense for me to purchase Singapore Financial savings Bond than to make voluntary contribution to my CPF account.
It’s because the typical rate of interest I get from CPF for my age group is about 3% p.a.
This takes within the allocation to OA and SA as prescribed by the CPF.
Nothing into the MA as my MA has hit the prevailing Fundamental Healthcare Sum.
Nonetheless, since I’ve already used all my funds meant for CPF voluntary contribution in 2023 and in addition 2024, I might be tapping in 2025’s funds if I have been to purchase this Singapore Financial savings Bond.
This isn’t a nasty concept since bond yields might fall later in 2024.
Effectively, drawback is my warfare chest is complaining after my latest giant withdrawal for IREIT’s rights subject.
A hungry warfare chest is an indignant warfare chest.
Should replenish warfare chest first.
2. The latest 6 months T-bill public sale noticed a cut-off yield of three.75% p.a.
Not unbelievable however not too shabby both when in comparison with what a 6 months mounted deposit gives.
Completely satisfied that my non-competitive bid was totally crammed.
Trying ahead to the following public sale taking place on 17 August.
I might in all probability be growing the appliance quantum for that public sale too as I proceed to strengthen my T-bill ladder.
I’ll do that by utilizing a few of the dividends obtained from AIMS APAC REIT, including to funds coming back from a maturing T-bill.
3. OCBC introduced outcomes!
Dividend per share of 40 cents declared!
That is a lot increased than final yr’s 28 cents!
As my funding in OCBC is way bigger than my funding in both UOB or DBS, that is going to have a huge effect on my passive earnings for 2023.
Nonetheless feeling giddy from my latest blogs on UOB and DBS.
Now, I really feel much more giddy.
So, I shan’t say anything about OCBC.
I offer you an image as a substitute.
 |
| Click on to enlarge. |
I remind myself that OCBC is simply paying out half of its earnings as dividends.
Which means the frequent inventory of OCBC is rising extra precious over time.
Congratulations to all fellow shareholders!
Monetary freedom isn’t a dream for many of us in Singapore, and investing for earnings can solely assist.
If AK can do it, so are you able to!
#SSB #p.a #Tbill #p.a #OCBC #40c #DPS
