Trust Bank Singapore, New Digital Bank Freebies!

Image
Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving
Post a Comment

December Low Indicator Warning!

According to Stock Trader's Almanac:


“Pay more attention to the December Low Indicator. If that low is violated during the first quarter of the New Year, watch out!”


When the Dow closes below its December closing low in the first quarter, it is frequently an excellent warning sign.


Dow closed below its December 2009 closing low of 10285.97 (Dec 8 09), triggering the dreaded December Low Indicator.


Since 1950 when the December Low Indicator has triggered, the Dow has fallen an additional 10.9% on average. This was precisely the case the past two years with the Dow losing an additional 42.1% in 2008 and 17.6% in 2009 before surpassing the previous high. Excluding 2008’s drop, the largest of them, reduces the average subsequent drop to about 10% -- that would put the Dow at about 9155.


The most prudent course of action is to refrain from major new purchases, tighten stops, take any sizable short term profits and assess the conditions at week’s end.

Comments

Post a Comment

Popular posts from this blog

NTUC Fairprice Shares pays 5% dividend!

Yesterday I received the NTUC Fairprice Co-operative's dividend and rebate statement for financial year ended March 31, 2008. I was surprised to receive so much money for this investment! I was holding more shares than I thought. I received 5% dividend and 4% in rebate, which had already been credited to my bank account on September 5, 2008. Too bad, that's the maximum each member can hold. Another very good Capital Protected Dividend Stock to own! Ntuc Income Share Pays 9% Dividend for 2009, credited June 3 2010
Read more

Dr Doom Warns More Doom Ahead!

The worst is still ahead of us, warns Dr Doom, Nouriel Roubini. He was interviewed by Boomberg and wrote an article in Foreign Policy in early January 2009. Summary of Key points here: 1. While the odds of a systemic financial meltdown have been reduced by the actions of the Group of Seven and other economies, severe vulnerabilities remain. 2. The credit crunch will persist and spread beyond mortgages. Deleveraging will continue, as thousands of hedge funds - many of which will go bust - and other leveraged players are forced to sell assets into illiquid and distressed markets, thus causing price declines and driving more insolvent financial institutions out of business. Credit losses will mount as the recession deepens. And a few emerging-market economies will certainly enter a full-blown financial crisis. 3. So 2009 will be a painful year of global recession and further financial stresses, losses and bankruptcies. 4. Certainly, the United States will experience its worst recession in
Read more

LIFE@55 - What CPFB Don't Tell You!

Image
CPFB started to talk about Risk Pooling only in April 2019 after being queried at Parliament. They have never talked about Risk Pooling since CPF Life was introduced, not even in any Life@55 Talks! Do you know are there other important information CPFB is still not telling you at Life@55 or @facebook? In the past (eg 2014), members have to decide/choose their CPF Life Plan (ie Standard vs Basic) at 55 and part-CPF Life annuity premiums would be deducted from their Retirement Account (RA) for transfer to the CPF Life Pool. Only at 65 when monthly payout starts will the reminder of the CPF Life annuity premiums be transferred from RA to CPF Life Pool. For members turning 55 after July 2015, they only need to choose their CPF Life Plan (ie Standard, Basic or Escalating Plan) if they decide to start payout at 65 or delay till 70. Most members will choose their CPF Life Plan based on guidelines provided by CPFB as follows: Choose Standard Plan if you want more monie
Read more