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...]


cpf-panel-recommendations-1

CPF Advisory Panel’s Recommendations – Part 1

The CPF Advisory Panel has just released their recommendations on the changes to the CPF. A summary of the changes are as follows: Minimum Sum to be Renamed With an Additional Level There will now be 3 levels, the Basic Retirement Sum (BRS), the Full Retirement Sum (FRS) and the Enhanced Retirement Sum (ERS). These are levels that are set aside to your retirement account. Amounts in excess of this can be withdrawn at age 55. BRS - $80,500 FRS (2 x of BRS) - $161,000 ERS (3 x of BRS) - $241,500 The BRS will be applicable to those who own a property with a sufficient property … [Read More...]

aud-sgd-jan-2015

2014 Investing and Trading Review – Part 2

It's already coming to the end of Jan 2015 so I thought I probably write part 2 of my 2014 investing and trading review before we get too far into the year. :) For those who have not read part 1 which talks about some of my investments in 2014,  you can find it here: 2014 Investing and Trading Review – Part 1 I will now go on to part 2 will talk about my experiences with futures and forex in 2014. Futures I currently trade only one type of futures contract - SIMSCI, which tracks the … [Read More...]

dbs-posb-chinese-new-year-cash-gift-promotion

DBS/POSB Chinese New Year Cash Gift Promotion

Interest rates are creeping up and DBS/POSB is back with another top-up promotion just launched three days ago. They have called it the Chinese New Year Cash Gift Promotion. Simply top-up $1000 to $1,000,000 to your DBS/POSB account from other banks and you will earn 1.88% on that amount. The money that you transfer will be earmarked (can't be withdrawn) for one year. The first 10,000 to take up this promotion will also get an additional $88 cash bonus. How to … [Read More...]

Smaller-Board-Lot-Promotions

Smaller Board Lot Promotions

This week saw the change of the minimum lot size from 1000 to 100 for SGX listed stocks. I partially support this move, as it allows investors to buy shares of companies that might previously have been too expensive. I personally feel there is no need to impose any restriction on lot size and the SGX […]

safeguarding-money-brokerage

Safeguarding Your Money From Forex Casualties

The shocking move by the Swiss National Bank (SNB) to abandon their peg has already resulted in some foreign-exchange brokerage casualties. Global Brokers NZ is shutting down, FXCM said clients owe US$225 million on their accounts while IG Group estimated an impact of 30 million pounds. There could be more. Remember MF Global? If you have […]

eur-chf-peg-abandoned

EURCHF Carnage as SNF Abandons Euro Floor

Following the decision of Swiss National Bank (SNF) to abandon their 3-year 1.20 Euro currency floor, the value of EUR/CHF collapsed in a matter of minutes. This is how the hourly chart looks like with the low of 0.82 off the charts…. Besides abandoning the floor, the SNF also cut interest rates from -0.25% to -0.75%. SNF apparently […]