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STI Opened at 308X

Today was like a roller coaster ride, opened high and then closed low at 3070.23, not that low though, at least it's still 8.45 points higher than yesterday's 3061.78, so what will happen tomorrow? Let me guess, so far the tapering issue has been finalized, the Federal Reserve have already announced the cut back by $10 billion in January 2014, markets are very fragile, they tremble at the sign of any uncertainty, the announcement should give some needed assurance to investors, furthermore, interest rate would also remain the same, so the impact to the markets is minimized, but ultimately, it's still up to investors to decide whether they should invest in Singapore stocks, can only wait and see.
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My Aircon is Not Noisy Anymore!

So yesterday I did some cleaning of my own, and it worked damn well! To my surprise the noise is gone, no more stupid clicking noise in the middle of the night, I really had a peaceful night of rest, damn shiok, woke up this morning feeling refreshed like never before, almost don't feel like leaving my bed, I also felt that the air is cooler than before. Now that I think of it, the noise could have come from poorly positioned fancoil unit, I really don't think the cleaning did the job, more like the adjustment and making sure everything is set tightly in place, I think that helped to minimize the vibration significantly and hence removing the noise completely, I don't know, that probably also helped to make it cooler, I guess?
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Now I Know How to Clean My Aircon

These few days the fancoil unit in my room was very noisy at night, there was a clicking sound and it was very obvious in the middle of the night, today I was so fed up that I unscrewed and opened up the damn thing, found that it's not that difficult to open, just 2 screws and pull out the casing from the top. It was damn dirty, especially the bladed part, so much dust was and is still stuck in there, there's no way tissue or vacuum cleaner is going to do the job, unless it is a powerful vacuum cleaner, those strong enough to even suck in water, I can only try to wipe off and vacuum as much as possible, and finally, I still remember how to put it all back, now I have switched it on, I hope whatever that I did will get rid of the noise. Anyway, for those of you wondering what those aircon cleaning guys do, for normal cleaning, what they do is bring along a vacuum cleaner and vacuum off the dust, that's it, I paid $80 to clean two units, and they didn't do a good job,
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Bought Some Stocks Today

Today I managed to convince myself that STI is now at its lowest period, and it's time to stock up on some cheap bargains, it's like buying Christmas presents for myself ;) But of course I didn't just convince myself without reading up, the US Federal Reserve will either continue their bond-buying program or reduce a bit, what I read is from $85 billion a month to $75 billion a month, $10 billion difference, actually it's just a fraction of their GDP, their GDP growth far exceeded $10 billion a month, I don't think it will have a huge impact, they can't keep printing money forever, they got to at least slow down their pace since their economy is improving, this tapering will come sooner or later, might as well come bit by bit, that's why they called it "tapering", it's meant to be gentle to everyone. If you are wondering about the meeting, it starts tomorrow, can refer here , and it lasts until 18 Dec . Anyway, I bought 2 more lots of She
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Venture (V03) Closed at $7.75

As mentioned in earlier post on 06 Dec , when it drops to $7.50, it always have the tendency to go up again, I have seen this pattern a few times in recent months, today it actually closed at $7.75, unfortunately my cash was limited and Venture is one expensive counter so I didn't buy it, almost $200 easy money, that's why investing is also about having a deeper pocket, more cash means more bullets to expend, small-timers like me can only suck it up. The other good thing about Venture is they pay a good amount of dividend, even at $7.75, the last payout also yielded 6.451%, better than the likes of SingTel and Starhub, but of course don't buy just for the dividend, buy if you believe in their business.
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Inflation Kicking In

KFC 3 pieces chicken meal is now $9.50, it was $8.80 or $8.95 about 2 weeks ago, western food chicken chop used to be $5, now $5.50, tailor-made pants used to be $88 for 3, now $130 for 2, things just keep getting expensive, the increment that I got for this year is just nice to cover the inflation; my increment was about 5%. I think one good way to fight inflation is to try and save money whenever possible, spend only on necessities, save now for the future, some people might say I'm not going to bring all the money into my grave but I can always leave it to my loved ones.
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Potential Promotion Coming

Today my boss sent me an email and cc his boss, it was regarding a new project tender and he put me up for the team lead position, I was quite shocked because I'm supposed to do a tender presentation but I have no idea how that goes about, the other thing was that he is pushing me as team lead, wow, I don't know if I can take more responsibilities, but if my company increases my salary for that then I think it is still ok, who doesn't want more salary, but if they are going to give me more things to do without any pay increment, then it really sucks, then again, I still have to take it, I still like this job so far.
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STI Index at 3 Month Lowest

I think it's scheduled for a rebound, obviously, but the question is when? At current prices, a lot of stocks are very attractive, especially REITs, look at Sabana, its yield is 8.7%, even my CDL HTrust has broken the 7% mark. Also my Sheng Siong is now back to 5% yield. I'm thinking of buying 2 more lots of Sheng Siong and 4 more lots of CDL HTrust, damn glad I didn't do so earlier this week because the prices have been going down, wonder what will happen tomorrow, there seems to be a sign of recovery at the end of today but it went down again, I think tomorrow will either stay flat or continue to plunge. I'm also looking at SPH, today it closed at $3.96, anything below $4 is attractive to me because it has the potential to reach $4.20+, and the dividend is good at more than 6%. Sigh, I only have about $8000, or maybe $8200 max, limited cash, limited choice.
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DBS Vickers CPF Investment Account Interest (Update)

In my last post , I mentioned that the monthly interest for the account was 0.0008%, which is wrong, I noticed that sometimes I get slightly more, then today I took a closer look at my investment account statement and found that they actually stated that the interest rate is 0.05% per annum, which comes to about 0.00416% per month, I think that made sense, I didn't verify though, it's like pieces here and there and would probably give me a headache doing so, anyway good to know they pay more!
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44 Years Since the Last Riot in Singapore

It's all over the news, riot in Singapore, wow, in Singapore, I bet everyone thought this will never ever happen (again) on this tiny dot, I did and it happened while I was at home watching The Fellowship of the Ring . So when was the last riot, according to this Wikipedia page , the last one was in 1969, and some people decided to break our decades of peace. They even set fire to a couple of vehicles, including a police car and an ambulance, but why the heck would they burn an ambulance? They must be out of their minds, well somehow I'm right, because according to news reports, the rioters were drunk and throwing beer bottles. But the thing is, I don't really care what started the riot, what shocked me was that these people actually had the guts to do something like that here in Singapore, this is Singapore. Drunk or not, we have drunk people everyday but we don't see riots everyday, those who started the riot must be severely punished by handing them the maximum pun
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Long-Term Visit Pass - Plus (LTVP-PLUS)

http://www.ica.gov.sg/news_details.aspx?nid=12665 Good news for those of us who cannot get PR for our beloved spouse, because the Singapore government has come up with a enhanced long-term visit pass called LTVP-PLUS or LTVP+. I'll sum up the key points in the FAQ provided by ICA so you don't have to go through one big page. Do let me know if I missed out anything or correction is required by dropping a comment. GENERAL LTVP+ will be in effect from 01 Apr 2012. LTVP+ holders will enjoy extended duration of residency, public healthcare subsidies and easier access to employment. No separate application required for LTVP+; an application for LTVP will automatically include your spouse for LTVP+, if eligible. LTVP applications submitted from 01 Feb 2012 will automatically be considered for LTVP+. The first approved LTVP+ will grant 3 years residency and subsequent renewal will be 5 years. Current holders of LTVP will be considered for LTVP+ on next renewal. If holde
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How to Marry a Thai in Singapore

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You should refer to here -  https://www.rom.gov.sg/reg_info/rom_marriage.asp Please spend some time to go through and understand the information on that section (legal provision, other information, filing of notice, solemnization and etc), if your still not sure, feel free to drop a comment here or you can use their FAQ . The ROM website did a really good job of putting together the information that you need in a well-organized manner. I've done it once and I think the guide is very easy to follow. The only hiccup I've had with my marriage is during the  Appointment for verification & Statutory Declaration where both of us were required to read out a wall of text and my wife had difficulty getting past the first few lines and the counter guy got fed up and told my wife to stop. Definitely my oversight as I didn't arrange for an interpreter beforehand but luckily, there was a licensed interpreter at the scene and we managed to get her to do the interpretation fo
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Commission Calculator for DBS Vickers SG Stocks

Made this little tool to help me calculate the costs of buying or selling a stock, just enter number of shares and price and it will show both buy and sell costs at the same time. Can even choose by cash upfront, online or phone and it will calculate using respective rates. Cash Upfront ONLINE By Phone Shares: Price: Value: Commission: Clearing Fee:
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