Stanchart Online Trading account

Hi friends

Have found it quite useful to use Stanchart new online trading account

The "no minimum commission" feature is useful for people who want to start small amounts in investing (vs ~$10k in brokerage houses to maximise commission rates)

http://www.standardchartered.com.sg/promotion/online-trading/index.html

Check it out! :)

Divestment of OCC393% pref shares

Divested my OCC preferance shares after ex-dividend in early March, and its price is still close to the PAR value of $100. As there should not be much price gains further upside, would set aside this capital for better investment gains :)

CIMB starsaver account

My dad was asking me again on a savings account with a higher interest rates, after looking at a full splash page of SCB advertisement on the newspaper.

I took another look at the CIMB website and was simply amazed at how easy it is to open a CIMB account, plus some goodies for Referrals :) (pm me for my IC number)

Simply print out this form and mail, together with your enclosed cheque (written in your name, so this is safe!)

http://www.cimbbank.com.sg/index.php?ch=19&pg=41&ac=135&bb=912&tpt=cimb_sg

Expensive Punggol Watertown Condo

Was at the pre-launch of FarEast's Watertown condo over the weekend

Though situated at the most prime space of punggol town, boasting of the MRT and punggol waterway facilities, personally i felt it was abit overpriced at $1300 psf (indicative)
ATresureTrove condo (by Sim Lian), just a stone's throw away, was going at only $1000 psf, few months ago. With the latest govt intervention on ppty prices, was expecting the big FarEast to be more realistic in pricing (well they do have holding power for their size)

Well anyway just looking for fun :P

Partial divestment of DBS pref shares

Hi friends

fyi, I have partially sold off my DBS4.7% pref share at $107.5

After some 13 months, for a reasonable good yield of 12.2% (dividend 4.7% and capital gains 7.5%)

For those who have an even lower risk tolerance (~0% risk), I am also looking into Singapore Govt bonds for 2012. Will share more when I have more knowledge :)