This blog is about financial freedom and serves to inform, educate and entertain the public on all personal finance matters. The author of this blog has been blogging for 5 over years. He was also a guest blogger at CPF's IMSavvy site (now AreYouReady site). This blog is visited by many unique readers from various countries every month. Do bookmark this blog and leave your comments.
Instant vapor - Boiling water freezes instantly in Siberia
Check this out. Boiling water freezes instantly when thrown out in the cold. Please don't try this at home....
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.
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!
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.
Subscribe to:
Posts (Atom)
Featured Post
Unlock Exclusive Deals and Savings: Join Amazon Prime Today!
Amazon is celebrating Prime members with a multitude of deals during Prime Day. The event will offer more deals than ever before, with new d...
-
Civil servants or public officers in Singapore are expected to declare their financial standing when they first join and every year thereaft...
-
Trying to compile the salary pay scale for the Singapore civil service. Somehow, I only managed to find the figures for 2011. There are p...
-
In my previous article , I compared an endowment plan with an ILP. Many might think that an ILP is a silly way to save for my child's ed...
-
Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY! ANYONE can earn it. Just leave a comment on th...
-
How much does a normal or average Singaporean earn? Based on median income, that is supposed to be $2,400 per month and raised to over $300...
-
Networth as of Feb 2010 is estimated around $652,000. A slight drop from Jan 2010. The decline in networth was due to a slight drop in my ...
-
“We are more than that; we are in the business of creating time.” - Tay Liam Wee Mr Tay Liam Wee has an estimated networth of around S$135m....
-
Here are some frequently asked questions about sgfinancialfreedom: Q: How do you compute your networth? A: I compute my networth by adding m...
-
As most of you know by now, I have started a POSB Kids Savings account for my child. The main purpose of this account is to save for his un...
-
I can't sleep. I am worried about my finances. So I am up now counting my money in all the places that I have. Sometimes I forget that...