MTGS

Singapore’s banking landscape has changed significantly in recent years, with digital banks making everyday banking more convenient, transparent and rewarding. Among the names that have gained significant attention is Trust Bank Singapore . Backed by Standard Chartered Bank and FairPrice Group , Trust combines traditional banking expertise with a digital-first experience designed around everyday spending, saving and financial management. In 2025, Trust reported that its customer base had surpassed 1 million customers , representing more than 20% of Singapore’s adult population. The bank also reported receiving recognition as Singapore’s Best Digital Bank for Consumers by Euromoney and as the top mobile banking app for a digital bank globally by The Digital Banker. So, what makes Trust Bank so popular? Let's take a closer look. What Is Trust Bank? Trust Bank is a Singapore digital bank that operates through its mobile app rather than a traditional branch-based banking model. The ban...

U.S. diesel prices have entered uncharted territory. The national average has surged to roughly $5.85–$5.94 per gallon in September 2026 , surpassing the previous record set during the 2022 energy crisis. For American consumers, that may initially look like a problem for truck drivers and diesel pickup owners. It is much bigger than that. Diesel is the fuel that moves America's freight, powers much of its agricultural equipment, supports construction and mining, and helps deliver everything from food to manufactured goods. When diesel prices rise sharply, the increase eventually finds its way into transportation costs, business expenses, food prices and, ultimately, consumer inflation. The crucial question now is: Is $5.85–$5.94 the peak—or could diesel go substantially higher? The answer depends largely on how long the global oil-supply disruption lasts, what happens to the Strait of Hormuz, whether refineries can rebuild inventories, and whether the approaching winter increases ...

U.S. Treasury Secretary Scott Bessent has issued an unusually blunt challenge to financial markets: “I am the house now.” The comment, delivered at Southern Methodist University, was more than colorful Wall Street language. It offered a revealing glimpse into how Bessent views his role as Treasury secretary—and the advantage he believes the U.S. government has when it intervenes in financial markets. A former macro hedge-fund manager, Bessent argued that traders betting against U.S. policy makers may be underestimating the information and coordination available to the government. “I have asymmetric information,” he said, referring particularly to the Treasury’s knowledge of Japanese policy intentions during the recent intervention in the yen. But the remark also raises a bigger question: Can a government consistently outplay markets, or does challenging investors create new risks of its own? What did Bessent mean by “I am the house”? Bessent was speaking in the language of a casino. In...

The crypto market has never been short of dramatic crashes. But the most destructive sell-offs are often not caused by spot investors simply pressing the sell button. They are caused by liquidation cascades —chain reactions in which leveraged positions are forcibly closed, pushing prices further and triggering even more forced selling. Using historical aggregated liquidation data available through early 2026, the following are the 10 largest crypto liquidation events , ranked by approximate reported liquidation value. The figures should be treated as estimates because exchange reporting methodologies and data transparency have changed over time. What Is a Crypto Liquidation? A liquidation occurs when a leveraged trader no longer has enough collateral to maintain a futures or perpetual position. The exchange automatically closes the position to prevent further losses. The dangerous part is the feedback loop: Price falls → leveraged longs are liquidated → forced selling increases → price...

Welcome to the exciting world of investing, where the traditional wisdom is “buy low, sell high,” but you’ve decided to boldly ask: What if we did the exact opposite? Buying high and selling low is generally considered a terrible investment strategy. It’s the financial equivalent of ordering a $40 salad, eating the decorative parsley, and then complaining that you’re hungry. But fear not. With the right mindset, creativity, and a suspiciously large tolerance for financial pain, you too can attempt to make money while doing everything the textbooks tell you not to do. Step 1: Buy High With Confidence The first rule is simple: never buy anything when it’s cheap. Why would you want a stock at $10 when you could wait until everyone on the internet is screaming about it and buy it at $100? When your neighbour, taxi driver, dentist, and the guy who cuts your hair are all saying, “This stock is going to the moon,” that's your signal. Not to do research. Not to check the financials. Just t...

Retiring by 40 sounds almost impossible in Singapore. With high housing costs, rising healthcare expenses, and one of the world's most expensive cities to live in, early retirement requires more than simply saving a little more each month. But it can be achievable for some people—especially if you approach it as a financial independence problem rather than simply a retirement problem. The goal is straightforward: build enough invested assets that your portfolio can support your lifestyle without requiring a salary. This guide explains how to work towards that goal in Singapore. 1. Define What "Retirement by 40" Means Before calculating how much you need, define retirement. For one person, retirement might mean spending $3,000 a month on a simple lifestyle, travelling occasionally and living in a fully paid-up HDB flat. For another, it might mean $7,000 a month, frequent overseas travel, private healthcare and a condominium lifestyle. These are completely different financi...

https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023 https://en.wikipedia.org/wiki/United_States_federal_government_credit-rating_downgrades The last time US got downgraded from AAA to AA+ by S&P was on 05 Aug 2011, stocks, oil and Bitcoin went down, then gold went up, the dollar index eventually went up. This time Fitch downgraded the US from AAA to AA+ on 01 Aug 2023, I wonder what will happen, will history repeat? Anyway I have standby some cash to buy the Bitcoin dip.

https://www.dbs.com.sg/personal/loans/personal-loans/dbs-personalloan Look at the "Total W Fee" column, that is the real amount that you have to pay back when you borrow SG$10,000 from DBS. At the loan application screen, the EIR will appear lower when the tenure is longer, but in reality, the longer the tenure, the more you have to pay back! Watch out.

Recently the gold price went up, so my wife found a buyer on Facebook, she sold 45g of gold for S$4000. That's about S$88.88 per gram, she told me after she sold it and asked me to help deposit it haha. So I checked out the gold price for the past 6 months, looks like the buyer bought it at the peak price, seems like my wife did her research I guess.

https://mothership.sg/2021/05/sph-ceo-apologises Last time their share price from S$3-S$4 now become S$1.52 as of 7th May 2021, that time thinking of buying but end up didn't buy, forgot why I didn't buy, but I notice their online straitstimes.com kind of desperate, asking for subscription fees when I can find the same news everywhere else. I ended up buying SingPost which is not any better, similar to SPH it also tank like shit, last Friday I finally sold off at S$0.73, made quite a loss (-S$17,583.31). Held on since 2017, thought it would improve, who knows it just keeps getting worse, recent financial announcement is bad, real bad, dividend shrink too, well at least I support for 4 years already. I remember one nice guy asked me to cut loss but I didn't, oh well. Singtel and StarHub also chui now, last time played a bit, earned a little by buying and selling fast. But whatever earnings I had all give back through SingPost already hahaha. SPH, SingPost, Singtel and Starhu...

Source Finally found out where to request for credit card fee waiver in the iBanking website. It is actually under the iBanking internal message system, the mail icon at the top right, then under Compose, then choose Credit Cards > Fee Waiver > then select your card.

Recently found that my card a bit faulty, sometimes cannot read when paying by Master or EZ-Link sometimes also cannot read. This blog post is a record of how I replace my card. 1. Requested for replacement of card using the digibank app on 27 Nov. 2. Received new card with same number but different expiry date and code on 30 Nov. 3. Managed to update Starhub recurring bill online. M1 and town council need to send form. SP no way to update, emailed them. 4. Transferred balance of EZ-Link to my new card on 01 Dec, did it at one of the TransitLink Ticket Office, less than 5 mins settled. Useful links: https://www.posb.com.sg/personal/support/card-issues-card-replacement.html https://www.posb.com.sg/personal/support/guide-card-replacement.html https://www.posb.com.sg/personal/support/card-payment-recurring.html

I signed up for the multiplier account in Jul this year, didn't know I qualified for a promotion where they give $20 to people who open new account. So this morning when I checked my bank account, noticed extra $20 referenced as "Online Acct Gift", thought who send me free money lol, actually is from DBS. Anyway the multiplier account not bad la, interest is good, for me I like all in one bank, since I already use their services so might as well just continue, any problem just look for one entity.

Looks like it is performing really badly, paper loss of $8484.10 lol, and my all time earnings totally gone. All Time Performance Cost 38,124.641 Market Value 32,517.09 Gain -5,607.55 (14.71%) Current Performance Cost 41,001.191 Market Value 32,517.09 Gain -8,484.10 (20.69%) So now if have money maybe can put into my DBS Multiplier Account instead, maybe half save another half average down on SingPost, 500 shares at a time, because I like the idea that they try to step out of their comfort zone and move into e-commerce. I must be crazy lol.

The HR at my new job told me about the account and that people in the company were using it to credit their salary, actually I knew about the account because one or two years back I checked it out, I vaguely remember I didn't qualify or it sucked, so yesterday I went to DBS website to see what the hype is about and found that they revised the account, now it actually looks very attractive. I also found the following in their FAQ : So it looks like previously I didn't sign up because the interest rate was shit, have to transact $7500 a month to get 1.08%, otherwise just 0.05%. Based on the new structure I can get 1.9% for salary and credit card spending, or 2.2% if I buy stock via DBS Vickers, CDP dividend credit also count, wah not bad leh. Like that no need to think already, yesterday I went to ibanking and opened the account, online open is immediate, damn fast, then I also transferred some spare cash inside, nowadays so convenient open bank account at fingertip. ...

Link It used to be 0.18%, minimum SGD18, but after the recent promotion which ended on 30 Jun 2018, seems like they made it a permanent 0.12% or minimum SGD10 which is a good thing. Note from my last trade:  0.12%, min $10, $5 rebate per trade, promo from 1 Apr 2018 to 30 Jun 2018, both dates inclusive. The rate for normal trading account remain the same at 0.28% or minimum SGD25 for traded valued at $50,000 or less.

I bought at $1.49 , now $1.32, due to the lower profit ending 31 Dec 2016. The dividend also shit, only $0.005 but at least they know to adjust since they are not making as much money. But I think it's good that they try hard to expand outside of Singapore, might be difficult at first but once they stabilise, it will be good for the group in the long-term. Singapore market too small la, if just rely on the income here can die.

Seems like a good price so I bought, wonder why the share price so low now.

Made a small profit of about $183, not bad, today take MC stay at home also can make money lol. Today STI looks very weird, see the index it is up by more than 10 points, but most blue chips in my watch list are red, who knows tomorrow STI tank. By the way if sell using DBS Vickers Cash Upfront within T+3, the money will show up immediately under Buying Power, which means right after you sell you can start to buy no need to wait next day.

Today the share price suddenly tanked, don't know why but seems like a good opportunity so I bought some. I'm their supporter because I only book Comfort taxi, with a dedicated customer like me, how can the share price drop lol, if tomorrow go up I sell for some shopping money.