Trust Bank Singapore, New Digital Bank Freebies!

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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
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S&P Bottom Out 600-800? – Jeremy Grantham

Jeremy Grantham, GMO, just issued Part 2 of 3Q2008 Letter to clients, titled Silver Linings and Lessons Learned.

Key points of interest to me:
  1. World faces unavoidable declines in economic activity and profit margins
  2. Downturn likely to rival 1982 or worse in US, almost everywhere it is likely to be much longer downturn than normal
  3. Assets are cheap, likely to get cheaper
  4. History says a 50% + overrun on downside is norm after equity bubbles
    S&P 500 likely to bottom out 600-800 range within next 2 years


Will we see S&P 500 at those levels in the next few weeks, if replay of 1929 Stock Market Crash occurs?

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