Category Archives: Financial Concepts

Effect of starting early and compounding your returns

  Today I was sharing with my brother about investing in stocks for dividend payouts as part of one’s long term wealth accumulation and growth plan.   I also mentioned generally stocks can give a 5% dividend yield. And if … Continue reading

Posted in Good Financial Habits and Tips!, Investments And Opportunites, Non Credit Cards, Retirement, Stocks, Wealth | Tagged , , , | 2 Comments

Financial lesson learnt from ILO ILO

  I just watched the movie ‘ILO ILO’ with my family.   This movie depicts the life of a Singaporean family during the 1998 economic crisis as well as the relationship between the son and the maid.   One feeling … Continue reading

Posted in Good Financial Habits and Tips!, Wealth | Tagged , , , , , , | Leave a comment

“You are sacked tomorrow”

    “You are sacked tomorrow.” These were the precise words spoken to me. Although luckily, they were not spoken by my boss to me but instead these were the words my brother used on me. This was an internal … Continue reading

Posted in Financial Concepts, Good Financial Habits and Tips!, Wealth | Tagged , | Leave a comment

A post to my brother

  3 days ago, I was talking to my brother about properties – business, tenancy, investments and all, in particular we talked about the first industrial property purchase which we had just collected the keys to. And suddenly he shot me a … Continue reading

Posted in Financial Concepts, Good Financial Habits and Tips!, Wealth | Tagged , | Leave a comment

Revised interest rates for OCBC FRANK account

  With effect from 01 October 2013, interest rates for OCBC FRANK account will be revised downwards.   Below shows the new interest rates.   FRANK Account Balance Interest Rates (p.a.) First $10,000 0.20% $10,001to $100,000 0.30% $100,001 to $500,000 … Continue reading

Posted in Deposits, Financial Concepts | Tagged , , , | 1 Comment

DBS Salary Credit Lucky Draw Promotion

  Win up to 12 months salary (up to S$50,000) if you credit your salary with DBS.   1st Prize : 12 months salary (up to S$50,000) 2nd Prize : 6 months salary (up to S$30,000) 3rd Prize : 3 … Continue reading

Posted in Deposits, Financial Concepts, Non Credit Cards | Tagged , , , , | 2 Comments

RHB Account / Deposit Interest Rates

  Today I met a banker from RHB (Singapore). And I got to know about this current account of theirs. I was told the interest rate for this current account is about 0.4% p.a. There is no minimum sum to … Continue reading

Posted in Deposits | Tagged , , , , , | Leave a comment

UOB Promotional Deposit Rates

  For the risk averse who have at least S$10,000 and looking for a place to earn higher interest with their deposits, you may like to take a look at UOB promotional deposit interest rates.   For deposits between S$10,000 … Continue reading

Posted in Deposits, Financial Concepts | Tagged , , | Leave a comment

The magical number for loans using CPF

  For Singaporeans or PRs, we have something called CPF funds. There’s only a handful of items that we can use our CPF funds for. And most of us would have used it for housing purposes.   If you are … Continue reading

Posted in CPF, Good Financial Habits and Tips! | Tagged , , , , | Leave a comment