Applying for SGS Bond using SRS Fund

Little did I expect that applying for Singapore Government Securities (SGS) bond issues using funds from Supplementary Retirement Scheme (SRS) account is a lengthy process filled with question marks and confused looks from bank staffs. In fact, it is just involves filling up a two-page form but it took me almost two hours at DBS Bedok branch. I reached there at 4.10pm, was attended to at 4.30pm and only left the place at 5.45pm on a Thursday.

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A review of 2017’s investment

Another year is coming to an end soon and I didn’t seem to have achieved much. The total invested capital increased from $68,016.42 to $84,735.93.

This year, I made a total donation amount of $400 towards Children’s Cancer Foundation, Metta Welfare Fund and KKH Health Fund. Hope the token sum will be able to help some of those in need.

I bought a total of 80.1 grams of gold and 1,088.5 grams of silver for $4,191.09 and $848.64 respectively.

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December 2017 Stock Portfolio Update

Through POSB Invest-Saver, bought 83 units of Nikko AM STI ETF (SGX:G3B) at $3.5462 and 425 units of ABF SG Bond ETF (SGX:A35) at $1.1698.

Collected $104.70 worth of dividend.

Made a token sum donation to S$200 to KKH Health Fund. The Health Fund help needy patients who have exhausted all options and are in need of financial assistance for their medical expenses. The fund also go towards research and disease prevention programmes targeted at improving women’s and children’s health. For example, Hirchsprung’s Disease in newborns, babies and toddlers.

There was a 12.12 deal on Lazada and I picked up a four 1 gram gold for a total of S$183.21.

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October 2017 Stock Portfolio Update

Through POSB Invest-Saver, bought 86 units of Nikko AM STI ETF (SGX:G3B) at $3.4471 and 426 units of ABF SG Bond ETF (SGX:A35) at $1.169.

Participated in the rights issue for Cache Logistics Trust (SGX:K2LU). Was entitled to 540 units at $0.632. Decided to make it a whole number and applied for an excess 460 units. Was allocated 1000 units of Cache Logistics Trust (SGX:K2LU) at $0.632 with a service charge of $2.00. This is my first time applying for rights. Been lazy in the past.

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