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Received My S$89 Cheque for IRAS Tax Refund

September 23, 2013

That day I was talking about missing out a spouse and parent relief , so after a nice lady at IRAS helped me to make the claim for only spouse relief as I have requested, I received a cheque for the refund on last Friday, I cashed in on Saturday and it will be cleared tomorrow and I can now see the amount added to my ledger balance. The whole process was very fast, from my first email on 11 Sep to receiving the cheque on 20 Sep, and actually I only confirmed to claim for spouse relief on 13 Sep because initially the lady was asking if anybody else was claiming the parent relief, I said I'm not sure and had to confirm with my mom, after that I found out that my brother-in-law was already claiming it. Anyway, from 13 Sep to 20 Sep, it only took them about a week to send me the cheque, they are very efficient, service-wise, they are on a totally different level than any government agencies that I have come across, thumbs up!

Sold My 5 Lots of SembCorp at S$5.14

September 22, 2013

I sold 1 lot via cash and 4 lots via cpf, let's look at my profit and loss. 1 lot via Cash On 27 Mar 2013, I bought 1 lot at S$5.15, including charges the final cost price is S$5171.88. On 14 May 2013, I collected a S$150 dividend. On 20 Sep 2013, I sold at S$5.14, final proceeds after charges is S$5110.63. Profit/Loss = 5110.63 + 150 - 5171.88 = S$88.75 Return % = 88.75 / 5171.88 * 100 = 1.716% Duration = 177 days 4 lots via CPF On 24 Apr 2013, I bought 4 lots at S$4.97, the cost price is 19949.68 + 10.70 + 0.54 = S$19960.92. On 14 May 2013, I collected a S$600 dividend. On 05 Jul 2013, I received a quarterly charge of S$5.35, so total cost price is 19960.92 + 5.35 = S$19966.27. On 20 Sep 2013, I sold at S$5.14, final proceeds after charges is 20487.96 - 10.70 - 0.54 = .S$20476.72 Profit/Loss = 20476.72 + 600 - 19966.27 = S$1110.45 Return % = 1110.45 / 19966.27 * 100 = 5.561% Duration = 149 days Total returns for cash and cpf Total cost = 5171.88

Starhub Cable TV Bill Problem Again

September 20, 2013

Last month I was charged S$4.50 before GST for this KaraOK! Day Pass, I called Starhub and it ended up as if me or my family member accidentally subscribed for it, ok, I followed their advise and put on a Purchase Lock to prevent such accident in future, and the guy waived the charge for me saying they can only do it one time. I don't watch the cable TV, only my parents watch it, I checked with them and they said they are sure they didn't press anything funny, they are well aware that for things that need payment, there will be a price tag on the screen so they won't go and press it. Today I received my bill and they did waive the charge for me, but to my surprise, they charged me for the same thing again, what the heck, so I called them, I told them I have the Purchase Lock enabled so how can anyone purchase anything, the guy put me on hold and came back after a while, this time he told me I also need to put a Parental Lock to block the KaraOK! channel 888, and he said h

STI Index Closed at 3251

September 19, 2013

4th gain in a row since Monday, what a ride, my SembCorp Industries closed at S$5.13, I thought it would never go above S$5.10 so that was a big surprise, and I just read the news and found that the US Federal Reserve decided to continue their bond-buying program, stock markets over the world gained due to the news, I was still thinking of what might happen tomorrow, now I'm quite sure tomorrow STI will continue to rise, I think we don't need to wait till October for it to cross 3300, it might just happen tomorrow, no wonder STI is suddenly so bullish, it's double good news, confirmed no attack on Syria plus maintain bond-buying means investors have more confidence. Now the question is how long will the rally last, but there's no point to take profit now since it's obviously an uptrend now, people will be battling to get their money inside the markets before prices get too high, I think I can wait until SembCorp reaches S$5.20 before I sell.

STI Index Closed at 3193

September 18, 2013

Thanks to the US-Russian deal on Syrian chemical weapons control, there's no way Syria will say no when it was suggested by the Russian president. So I guess that's it to the whole chemical attack thing, but those innocent people who died from it, how should their families be compensated, they can't just say surrender the weapons and end of story, but if that's how it's going to be, then it is really shitty, the Russians and Iran should punish Syria for it in some way, just to make everybody happy. So if the allied forces are not going to attack Syria, I wonder what the rebels are going to do next, I think they will be very pissed off since the fight will just continue as per normal, which nobody knows when it will end, after all they've been fighting since 2011, doesn't look like any side is going to win anytime soon, more lives will be lost, more deals will be made, war is a good time for weapons supplier to make money, in the end, it's all about pro

Still Having Diarrhea

September 17, 2013

I started to have fever and diarrhea since the early hours of 15 Sep. On 14 Sep morning, I ate one piece of Tau Sar Piah and drank a cup of coffee and some water before my IPPT at 4PM. After the IPPT, I ate one packet of Hor Fun, I think that's the culprit, I bought at that shop many times and it was okay, very unlucky, I wonder what extra ingredients they dropped inside, and I must have went to the toilet at least 30 times since 15 Sep, my legs feel wobbly, head giddy, and when I went to see the doctor again just now, he told me to show my tongue, he looked a bit shocked and told me to drink plenty of water, and when I went home, I looked in the mirror and saw my tongue looking horribly white, obviously I am very dehydrated. At least the fever is gone now, but the diarrhea keeps coming back, the doctor gave me a stronger combination of medication, I hope this works because I don't want to be missing from work for the 3rd day. And just to be fair, I kept recapping the thing

Fail IPPT and Fall Sick

September 16, 2013

I got 14:03 for my 2.4KM run, at the 4th round I gave up, the sun too glaring, body too heavy, sigh, if only I pushed on I might just get 12:20 so I can get silver, or 13:00 isn't too bad for an incentive pass. The worse thing is after my IPPT, I don't know what I ate and I have diarrhea and fever, didn't go to work today, feel so drained, and didn't have a complete meal since yesterday. And one weird thing, this morning at around 5.50am, I heard someone fiddling with our door lock, I thought maybe I was sick and hearing things, then I went to take a look, I can see an old lady outside, she was playing with the lock, after observing her for a while through the door eye, I decided to go back to sleep, I was too tired to confront her. At around 7am+, I heard my dad asking the old lady why she was fiddling with our lock, after that she left. Sigh, what a lousy weekend...

IRAS Tax Relief

September 13, 2013

For a long time, paying income tax doesn't apply to me because I was earning too little for them to tax, it was only in 2011 that I started to earn enough to be required to pay in cash. On Wednesday, while looking through my tax forms, I saw the NSman Self Relief and Earned Income Relief which reduced my taxable amount by a total of S$4000. So I looked them up on IRAS website and found that I was actually eligible for two other claims. You can check out the full list of reliefs here . Spouse Relief I am eligible for this one because my wife is not working, so I can claim S$2000 for this. I have never made the claim, but luckily when I checked with IRAS via email, seems like it is possible to claim retrospectively, I was married in 2010 so I can start claiming from there. Parent Relief I can claim S$7000 for this on my mother because she is not working, but my brother-in-law has made the claim and there can only be one claimant, when I checked with him, he told me he can w

Brokerage Fees: DBS Vickers VS Standard Chartered Bank

September 12, 2013

So which one is cheaper? Most people say SCB is cheaper, this makes me curious, now let's see... DBS Vickers The cheapest method of buying or selling is by using their Cash Upfront account, but note that if you wish to sell using this account, you need to sell within T+3, or else you will need to pay the normal rates . Commission: 0.18%, minimum $18 CDP Clearing Fee: 0.04% SGX Trading Fee: 0.0075% GST: 7% Standard Chartered Bank We are looking at their Personal Banking Brokerage Fees , but if you can get their Priority Banking account, it will be slightly cheaper, but I think the requirements is a bit steep, so let's just look at the one which is available to almost everyone. Commission: 0.20%, no minimum CDP Clearing Fee: 0.04% SGX Trading Fee: they don't have this charge GST: 7% Scenario 1 - S$5000 So let's say you are buying 5 lots of Stock A, and each share costs S$1.00, so the cost value before charges is S$5000. If you buy using DBS Vicker

Actually IPPT is Good and Easy Money

September 11, 2013

I've been telling my friends it's good and easy money and it's worth it to keep fit and go try and clear it, get a silver and bam, S$200, even an incentive isn't too bad at S$100. The whole session probably takes less than 3 hours, if I include the travel time, probably no more than 4 hours, it's easy money, of course provided I can pass. Let's say the whole thing takes 4 hours, and if I get a silver, that's like S$50 per hour, I don't even earn that kind of rate with my current job, even for an incentive pass, that's S$25 per hour, still higher than my job. But the problem is, I can only get the money once a year, well, better than nothing, can't run away from it anyway. And let's not just talk about the money, keeping fit is for our own good, you feel lighter, you breathe easier, you feel faster, you probably might just live longer and be able to spend more time with your loved ones, so why not. Training for IPPT is also not very diff

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