Welcome to Martin Lee @ Sg, a place where I pen my thoughts on investing, trading, insurance and all other types of financial matters. The focus is more on Singapore, as this is where I am currently based. I have extensive experience in investing : ... [Read More...]


free-bus-train-rides

Free Bus, MRT, LRT rides for POSB cardholders every Friday

POSB is giving away free public transport rides (train and bus) every Friday till the end of the year to their cardholders. To qualify for the free rides, cardholders will have to link their POSB Everyday Credit Cards or their PAssion POSB Debit Cards with EZ-Reload. EZ-Reload is a facility which allows these cards to be topped up automatically. The existing 50,000 cardholders who are already signed up with EZ-Reload will automatically get the free rides on Fridays. Another 50,000 slots are up for grabs on a first-come-first-served … [Read More...]

first-singapore-savings-bond

First Singapore Savings Bond to be Issued in Oct 2015

Edited : 22/07/2015 at 9am If you have been waiting for news about when the first Singapore Savings Bond (SSB) will be launched, you might want to know that MAS has announced that the first Singapore Savings Bond will be issued on 1st Oct, 2015. Retail investors will be able to apply for them from 1st September 2015 at 6pm till 25 September 2015 at 9.00pm. Results will be known on 28 Sep 2015 after 3pm. Details of the first issue such as the amount of bonds available and the interest … [Read More...]

MediShield Life logo

Household Check for Medishield Life Subsidies

For the soon to be launched Medishield Life, lower and middle income families will be receiving some subsidies to help cover the increase in premiums. Eligibility Criteria for MediShield Life Premium Subsidies for Lower- to Middle-Income Households Have a household monthly income per person of $2,600 or less per month; and Annual Value of residence is $21,000 or less; and Individuals who own multiple properties will not be eligible. No application for the subsidies is required, as … [Read More...]

Singapore Savings Bonds Allocation

Applying for Singapore Savings Bonds

Yesterday, MAS released more details on the Singapore Savings Bonds that I wrote about earlier. To apply, you will need two things: A bank account with either DBS/POSB, UOB and OCBC. An individual Central Depository (CDP) Securities account with direct crediting service (DCS) setup. Direct Crediting Service (DCS) allows you to credit your Singapore-dollar dividend payments […]

LIC-Wealth-Plus-2

LIC Wealth Plus 2

Life Insurance Corporation Singapore (LIC) has recently launched their Wealth Plus 2 product. This is a single premium 5-year endowment product with an annualized yield of 1.92%. Eligibility: 18 to 70 years old Minimum of S$50k cash, maximum of S$1 mil No medical underwriting required In simple mathematical terms, a yield of 1.92% will mean […]

singapore-savings-bonds

What You Need to Know About Singapore Savings Bonds

The recently announced Singapore Savings Bonds (SSB) has the potential to be a game changer for savers in Singapore. Details on how to buy them are not available yet but they are expected to be launched in the 2nd half of 2015, with a fresh issue every month. It’s an interesting product with a hybrid of […]