Tag: Money Mind

Introduction Welcome to this week’s digest of BBCWatcher’s insights from 05 Dec – 12 Dec 2024. This summary compiles key discussions and analysis from the HardwareZone forum. Key Insights and Discussions CPF and Healthcare: Every CPF member below age 65 has room for Voluntary Contributions (VCs) to MA whenever the Basic Healthcare Sum (BHS) increases. […]

🔑 Key Highlights: DBS and OCBC loan packages were compared for a SGD 500-550k loan size, with OCBC’s 2.65% for the first year and 2.38% for the second and third years being deemed more competitive. A Bank of China loan package with a 2.45% lock-in for three years was discussed, but the recommended option was […]

🔑 Key Highlights: Maybank has cut its promotional interest rates again, effective from 2 Dec 2024 RHB has increased its fixed deposit (FD) rates across the board, including an 18-month tenure CIMB’s Bonus Interest Promotion is offering up to 3.3% interest until February 2025 Maribank is offering 3.5% interest for 3 months, but this is […]

🔑 Key Highlights: The East Coast (EOK) and Chuan Park (CP) new launches are generating significant interest among buyers, with prices reported to be competitive. Analysts and forum members are debating the potential of these launches, with some predicting strong sales and others expressing caution. EOK is reportedly launching at an average price of SGD […]

Key Highlights Discussion on retirement planning and financial security, with a focus on Singaporean citizens Debate on the importance of saving for retirement and the role of government in providing essential medical care and pension income Statistics on intentional homicide rates in France, highlighting the importance of verifying information through official sources Insights on CPF […]

Key Highlights: The recent US election result has sparked concerns about potential global trade wars and tighter monetary policies, which may affect Singapore and its economy. Singapore is considered one of the countries vulnerable to trade wars due to its dependency on global trade, along with China, Malaysia, and Vietnam. A potential Trump trade war […]

🔑 Key Highlights: – Interest rates for home loans in Singapore are still fluctuating, with some banks offering competitive repricing packages. – The recent US presidential election has led to increased bond yields, which may impact housing loan rates in Singapore. – Some forum members have shared their experiences with repricing and refinancing their home […]

🔑 Key Highlights: This week’s T-bill auction resulted in a cut-off yield of 3.04%, with a cut-off price of 98.484. The median yield was 2.95% p.a., while the average yield was 2.72% p.a. Some forum members expressed surprise at the high yield, but others pointed out that it’s not uncommon. Discussions around the interest rates […]

🔑 Key Highlights: Standard Chartered’s Marathon Step-Up offer interest rates: 3.3% for October, 3.4% for November, and 3.5% for December. OCBC 300 promo code still works for fixed deposits, offering 3% interest for 3 months with a minimum deposit of $30,000. HSBC and CIMB are offering competitive interest rates for fixed deposits, with HSBC offering […]

Welcome to this week’s digest of BBCWatcher’s insights from 29 Oct – 05 Nov 2024. This summary compiles key discussions and analysis from the HardwareZone forum. Key Insights and Discussions SSBs and Retirement Schemes BBCWatcher advises against piling into SSBs excessively, given their lower interest rates (2.66%-2.81% p.a.) compared to the Retirement Account (RA) floor […]