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Archive for September, 2007

Of Torches & Rifles

Posted in Idle Talk on September 30, 2007 | 1 Comment »

Foreword: This post is written to pay tribute to those who have served their national service.
I have recently completed another cycle of my ICT. To the layman, ICT means In-Camp Training or simply Reservist Training. As the entire company (army speak for many soldiers) has been warned against blogging about their in-camp experience, I have decided [...]

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Reversal of fortunes

Posted in FX, Financial Stewardship on September 22, 2007 | 3 Comments »

I got the latest FX rates for the SGD/USD and SGD/CAD pairs from Maybank (21 Sep 07). As you can see, CAD is almost reaching parity with its bigger USD cousin at 1.51~ish. It was also reported in the papers that CAD briefly overtook USD on Friday, 21st Sep.
I remember barely 5 years ago, that 1 [...]

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Liquidity Crunch? Connect the dots. Form your conclusion

Posted in Financial Stewardship on September 18, 2007 | Leave a Comment »

First clue

Second clue

 Third clue

Fourth clue

Last clue
 
Sources:
http://www.channelnewsasia.com (17th Sep 2007)https://secure.fundsupermart.com/main/trustaccount/fxAndInterestRates.tpl?showHistorical=Y 
http://www.ocbc.com/personal-banking/promotion/Pro_Bnk_FCY_SGD_TD_Promo_24Jul07.shtm

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O$P$ – who charges higher rates than NZD?

Posted in Financial Stewardship, Interest Rates on September 11, 2007 | 2 Comments »

Someone commented that the interest rates for AUD & NZD are higher than SGD and asked whether to convert SGD to AUD/NZD and park the money in foreign currency fixed deposits (FCFDs). These are my thoughts.
AUD/NZD have appreciated sharply against the SGD since the beginning of the year because of 2 reasons:

(1) Interest rate hikes by [...]

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Top of the World

Posted in Travel & Lifestyle on September 10, 2007 | Leave a Comment »

Not exactly … I was cordially invited by a friend to attend an event held on the top of Swissotel … where the helipad is … the finishing line of the annual vertical marathon …
The process as follows:-
Step 1) Flashed invite, ushered to the lift at ground zero … lift accelerated upwards at top speed [...]

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Kids @ Work

Posted in Career Management on September 7, 2007 | 1 Comment »

The noise level in my office rose to a new high today because a bunch of noisy ill-disciplined lovely, excited brats kids were happily running up and down the aisles.
I reckon it is a generous gesture on the part of my company to hold an “open house” for kids to view where their parents slave work [...]

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Ohayo Gozaimasu. Welcome to McDonald’s Japan.

Posted in Financial Stewardship, Investing on September 1, 2007 | 1 Comment »

I watched the Thursday’s news which reported that McDonald’s has revamped its Mac Café menu to cater to the Japanese taste buds. Besides serving out the usual caffeine fix, they are also selling cakes and pastries elegantly presented in pairs or trios. All exquisitely prepared, just like what you would see in a sushi bar. [...]

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The 14 Truths You Must Know When You Invest

Posted in Financial Stewardship, Investing on September 1, 2007 | Leave a Comment »

Great article … attached the link for your personal reading pleasure. The article was written in 2003 but I refer to it from time to time to remind myself.

The 14 Truths You Must Know When You Invest
By Stephen Schurr
Senior Editor
08/18/2003 02:54 PM EDT
URL: http://www.thestreet.com/pf/funds/stephenschurr/10108607.html

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