Extremely Scary Corpse Elevator Prank in Brazil

Do You Want to Build a Snowman (Cover)

This is a really nice cover of the song from Frozen - Do You Want to Build A Snowman.  Enjoy!

 

Why I Bought and Sold Coca-Cola (KO)

I bought Coca-cola (KO) at a low price of $37.21 during the recent market downturn. That was before the results were announced on 18 Feb.

The share price went up slightly thereafter. Even with the news of the tie-up with Green Mountain coffee, the share price did not move much. Considering that I was sitting on some paper gains, I decided to cash out. Thankfully, I did so before the results were announced. This is probably one of those rare occasions where my timing of the market worked.

The results released on 18 Feb was probably met with some concern as the share price dropped quite a bit to close back at near the price that I had earlier bought it.  Investors are probably fearing that 1% to 2% global volume growth will become the new norm for Coca-cola.  The fact that some states in the United States are thinking about implementing soda taxes doesn't help either.

Disclaimer:  Not vested currently.  But looking to buy if the stock dips any further.

Why I signed up for the DBS Multiplier Account

I recently signed up for the DBS multiplier account because of the higher interest rates that were offered compared to a normal savings account.

The process of opening the account was fuss free as everything was done online through internet banking.

Basically, the account offers a higher interest rate depending on the cashflow of that account. The cashflow is limited to a few items (e.g. salary), and various tiers of higher interest is offered if the cashflow exceeds different levels.

Considering that I had spare cash in another account, it made sense to just open the account and earn a higher interest rate for the time being. Besides, the interest is paid monthly!

President Obama at the White House Correspondents Dinner 2013

Apologies. Realised that the previous upload of the video did not load correctly and only showed a link. Uploading it again for all to view.

 

Bank Promotional Offers for Higher Interest Rates

OCBC is having a Chinese New Year promotion where they are offering interest rates of up to 1.8% per annum or even up to 2% per annum (Premier Banking customers only).  The first offer is called the OCBC Bonus + Savings Account and the second offer is called the Premier Dividend + Savings Account.  The effective interest rate works out to be 0.9% p.a. and 1.00% p.a. respectively.  That is not too bad considering that a normal savings account usually offers much lower interest rates.  Of course, terms and conditions apply (e.g. fresh funds, etc).  But anyone interested ought to check it out.

At the same time, POSB is also offering an account to earn up to 2.014% interest per annum with a POSB eMSA 2014 account.  This requires one to set up a regular monthly savings plan (from $1000 to $3000) into the eMSA account in order to enjoy the higher interest rates.

I have not signed up for any of these accounts but think it might be worth checking it out.  Think the promotions might be ending soon.  So those who are interested ought to check it out really soon. Caveat emptor.

On the other hand, if you are not interested in all this, you might just be interested to read my previous post why it might make sense to top up your cpf account.

Funniest Obama video Yet! Both sides will laugh

President Obama shows his funny side during a memorial dinner that was held sometime during his first presidential campaign. From watching this video, I can see why he won and became president. Not only is he funny, he is also very witty. Enjoy the video!