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 2009 Stock Market Forecast

December 7 2009 to January 4, 2010


This is the Yang Fire Rat Month. Strength to the Earth element will weaken equity markets. Equity markets may be seen trying to gain strength during the first half.


Favourable industries/sectors: Fire and Earth


Financial Astrology:

There are both Bullish and Bearish Planetary Alignments this month. Who will win the battle: Bulls or Bears?

Watch these dates:

  1. December 16 – New Moon

  2. December 20 – Mars Retrograde

  3. December 21 – Jupiter/Neptune Conjunction, Winter Solstice

  4. December 26 – Mercury Retrograde

  5. December 31 – Partial Lunar Eclipse


Technical Analysis:

US Market: There is a bullish chart pattern and a bearish chart pattern in the indices. Which way will the market go? Will Phase 3 down start in December 2009 or will it be delayed till early January 2010?

Protect against downside risk – if S&P 500 breaks channel support at 1083-1078, it will be a sell signal.


Have you read "US Stock Market Outlook 2010"?

Comments

Post a Comment

Popular posts from this blog

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

CPF@55 Policy Designed to Make the Rich Richer!

CPF@55  Policy Designed to Make the Rich Richer! Do you know that  CPF@55  policy can help you get richer with a bigger SA (Special Account Balance) after 55? Yes, provided your are rich with a big OA (Ordinary Account Balance) and SA which exceeds the FRS (Full Retirement Sum).  Assuming you have $240k (SA), $160k (OA) and FRS is $200k, this is how you can become richer after 55: 1.  2 weeks before your 55th birthday, buy a stable Unit Trust Bond Fund with $200k SA under CPFIS/SA investment scheme (minimum $40k SA must be maintained) 2.  On your 55th birthday, CPFB will transfer $40k (SA) and $160k (OA) to your RA (Retirement Account) to form $200k FRS. 3.  Next day, sell your CPFIS/SA investment of $200k, this will be returned to your SA. 4.  You now have $200k (SA) and $0 (OA) after RA is created! What happens on your 55th birthday if you did not do the hack (ie. step 1&3) above?  CPFB will transfer $200k (SA) to...
Read more

DBS Multiplier Major Changes (Feb 1 2020) – Solution

If you can spot the suggested solution already detailed in my prior article here this morning, then all the upcoming changes on Feb 1 2020 will not affect you. Yes, all these changes will be transparent to you if you implement this solution before 15 Feb 2020. What is the suggested solution again? Simply start a Regular Savings Plan (RSP) of $100 per month before Feb 15 2020 to qualify for the Investment Category from Feb 2020 onwards, valid for 12 months. What is RSP? You can read  all about RSP here at DBSwebsite. I provide a summary below: Objective of RSP: The primary purpose/objective of this RSP is just to help you earn bonus interest on the Multiplier Account. It is not meant to be an investment of monies for long term gain. You can either invest in ETFs or Unit Trusts. Read the link above for the 4 ETFs and the  list of Unit Trusts  eligible for RSP. Because my objective is just to earn interest, I will have to ch...
Read more