Thank you.University, mainly.
No, I don't think so. It's pretty routine for governments to compartmentalize their debt obligations.is it a waste of money for those gov stat boards to issue own bonds at a premium?
The LTA's bonds are still high quality bonds, if that's what you're asking.how will transport bonds in lta fare with loss of income this year?
The LTA's bonds are still high quality bonds, if that's what you're asking.
Unless you’re counting the “Bank of Mom and Dad” (could be a reasonable thing to do; it depends), isn’t that sum simply your emergency reserve?22 this year, just saved up $10,000 as a regular and will be going uni for the next 4 years. Where can I put my money now amid the covid 19 to make the best use of this opportunity?
22 this year, just saved up $10,000 as a regular and will be going uni for the next 4 years. Where can I put my money now amid the covid 19 to make the best use of this opportunity? Totally new to investing other than buying a blue chip regular savings plan from OCBC.
Thanks a lot
OK, but that's expected future income, not emergency reserve.Yeah it's sort of my emergency reserve but not completely as I'm on a scholarship (lowest tier) with 12k a year, accomodation and food (If I'm not wrong 1 meal a day) paid for for the next 4 years in school.
BM&D is a perfectly fine bank, as long as it's reliable. (Some of the BM&D branches aren't reliable. )Not going to lie, if all else fail, I'll rely on the bank of mom and dad* albeit not much as the whole reason why I signed on is cause I won't be able to afford university otherwise.
You don't need life insurance of any sort unless you have at least one dependent. If you're relying on the BM&D, then you are the bank's dependent and not the other way around, one would think. It depends, but usually the dependency relationship is fairly one-sided.Looking to put the little money I've saved to work as I don't expect any scenarios where I'll need money other than some insurance which I'll be doing more research on before getting. Probably the SAF Aviva term life in case something happens to me for my parents and a class A public hospital IP.
Ah, OK. So maybe my 50-50 idea above is a good idea?If it help, short term plans would be to save up for wedding and bto with my gf
As I write this, Nymex WTI Crude Oil has been bobbing around US$15 per barrel, even below that figure, while Brent Crude has been up above US$27 per barrel. I don't think I've ever seen such a wide gap, especially in percentage terms, between WTI and Brent. It's absolutely amazing, really. We haven't seen WTI priced this low in nominal U.S. dollars since the late 1990s. And in inflation-adjusted terms the current WTI price is...well, I'm pretty sure it's at least a post-World War II record low real price.
As a side comment, one would think it's a political disaster for President Donald Trump. The President tried to organize a global cut in oil production, including U.S. oil production. (The U.S. has been the world's largest oil producer in recent years). Oil consumers in the U.S. -- including practically everybody who drives a car, SUV, or pickup truck, which is a lot of people -- really aren't happy when a political leader actively tries to raise their gasoline prices. Same with homeowners who heat their homes with oil. Of course oil industry workers tend to prefer higher oil prices, but if oil prices crash anyway (because oil demand is crashing even faster), then they're upset, too.
If you're a speculator/gambler then maybe this'd be the time to start easing into U.S. oil stocks. For non-U.S. persons, IUES, traded on the London Stock Exchange, is probably the best way to place that particular bet. I do not recommend you speculate or gamble.
That's an interesting post to read. It didn't sound like you heeded your own advice though. Still, fun post.As I write this, Nymex WTI Crude Oil has been bobbing around US$15 per barrel, even below that figure, while Brent Crude has been up above US$27 per barrel. I don't think I've ever seen such a wide gap, especially in percentage terms, between WTI and Brent. It's absolutely amazing, really. We haven't seen WTI priced this low in nominal U.S. dollars since the late 1990s. And in inflation-adjusted terms the current WTI price is...well, I'm pretty sure it's at least a post-World War II record low real price.
As a side comment, one would think it's a political disaster for President Donald Trump. The President tried to organize a global cut in oil production, including U.S. oil production. (The U.S. has been the world's largest oil producer in recent years). Oil consumers in the U.S. -- including practically everybody who drives a car, SUV, or pickup truck, which is a lot of people -- really aren't happy when a political leader actively tries to raise their gasoline prices. Same with homeowners who heat their homes with oil. Of course oil industry workers tend to prefer higher oil prices, but if oil prices crash anyway (because oil demand is crashing even faster), then they're upset, too.
If you're a speculator/gambler then maybe this'd be the time to start easing into U.S. oil stocks. For non-U.S. persons, IUES, traded on the London Stock Exchange, is probably the best way to place that particular bet. I do not recommend you speculate or gamble.
You might invest some OA funds via the CPF Investment Scheme in ES3 or G3B (STI stock funds), for example.Hi BBCW, I have some balance in my OA and I am 25 years till I can potentially retire. My SA and MA are maxed out already. Any recommendations on how I can invest my OA money for better returns?
Extraction costs vary. Certainly quite a bit of oil extraction is profitable at that level.suppose oil prices remain below 40 next few years, is shale oil even profitable?
Please don't, but if you're a non-U.S. person and insist, have a look at IGLN, listed on the London Stock Exchange.Hi BBCW, what is the best way to invest in Gold for Singapore resident?