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Wolf Money(Singapore Savings Bonds May 2024 review)

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  The yield on SSB is creeping up slowly as 10 years SGS yield is on an uptrend. The rise in 10Y UST yield is having an impact on our own 10 years. The higher and longer interest rate narrative by the Fed is putting pressure on bond prices. There is a good chance next month SSBs yield will be higher than the current issue. Closing date for the current issue ends on 25th April 2024@9pm. Good luck.   Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of

Wolf Review(Strictly Business, The Kwek Leng Beng Story by Peh Shing Huei)

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  (Contents) Welcome to another book recommendation. When this book was out a couple of months back, I knew I was going to get one. The subject person of today’s reading happens to be the Legendary Chairman, Kwek Leng Beng of City Development Limited.  Strictly Business, The Kwek Leng Beng Story by Peh Shing Huei is probably the only book written about the Chairman and his company. He is well known in the business circles for not giving many interviews or ever had a book written about him before this latest title. After much persuasion from his friends, he thought it might be time to give his thoughts on how he sees his family, friends and business.  If one mentions Kwek Leng Beng, one can’t go on without mentioning his father, Kwek Hong Png, who had a profound role in shaping his business philosophy. His father came from Fujian, China, seeking a better life in Singapore by working for his uncle’s company supplying construction materials. He eventually founded the Hong Leong Group wit

Wolf Bargain(Ready get SET, go!)

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  Food inflation is driving up the price of our meals. There are a few on-going promotion happening at some food establishments, providing good food at discounted price. The Coffee Bean and Tea Leaf Coffee Bean and Tea Leaf is trying to build a loyal following for their breakfast offerings. This month promotional set represents excellent value for money. For 10 dollars you get 2 sets of, Eggs on Waffles with seasonal fruits plus 2 cups of Spanish lattes. Try beating that McDonald’s !! I had their breakfast previously. They are tasty. Promotion valid till 30th April, from Monday to Friday before 12 noon daily. Toastbox   A 3 dollars discount on toast or thick toast set is given if you use the DBS Yuu card to make payment. A traditional Kaya Butter toast set with coffee originally costs $6.2. With a $3 discount, Kaya toast set will be cheaper than your neighbourhood coffeeshop. That is what I call a toasty great deal. Offer from 9th to 30th April for the first 3500 customers islandwide. 

Wolf Bargain(Bruno Mars giveaway winner)

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  A winner has been chosen among all the many entries. Congratulations to Guek Choo. Guek Choo entered the contest because her son is a Bruno Mars fan. I told her she is the best mum ever for her son after winning the T-Shirt for him.  I asked Guek Choo who comes from the financial industry, on how is she investing her money presently. She has a balanced portfolio. A portion of her investment dollars goes into unit trusts and insurance policies. She is also vested in Singapore market(Phew! 😮‍💨 at least I know I am not alone investing in our local market🤪). She and her clients are quite conservative investors. They prefer passive income through dividend investing.  We had a long chat about the financial industry on how investors’ expectations have shifted over the past few years. The high risk-free rate changes how people invest their money. She is quite sanguine about the market. The recent changes to the CPF rule on special account can give the market a much-needed boost. I hope so

Wolf Bargain(Limited edition Bruno Mars Singapore concert T-shirt giveaway)closed

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  Lone Wolf concert merchandise give away continues. This time the Martians have landed. I have one official limited edition Bruno Mars Singapore concert T-Shirt to give away(size L, chest 51cm across) worth $60, by answering 2 questions below. One winner will be chosen randomly by me. Decision will be final. 1.) Name one of Bruno Mars popular song? 2.) Name one of the companies in Lone Wolf Fund’s portfolio as at end of March 2024?(answer in the blog) The quiz closed on the 6th of April at 12noon. Winner will be notified by email. Self collection only. Please send your answer to ccuvteam@gmail.com. Good luck. (Engaging in Singaporean favourite pastime, queuing. Coincidentally I was at the front of the queue after having lunch with a friend at a nearby restaurant) Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation. 

Wolf Money(portfolio update for end March 2024)part 2 long post

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(Image Credit: Chinese-word.com; Fairness) Lone Wolf Fund(LWF) Portfolio as at end of March 2024 1.) Cash 2..)  Boustead Singapore(BSL) 3.) Great Eastern Holdings(GEH) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Fairness  Fairness to minority shareholders should be enshrined in every listed company. The c-suites and the board of directors of any mid to large listed company are very well paid, enjoying a life of abundance and positive social status. With great wealth comes greater moral responsibility. I urge those who are in the position of privilege to be kind to your fellow shareholders. The only question that matters when everyone bow in front of the Great Lord. Have you been a good person during your time on earth? The answer should be a resounding Yes!  Commentary   Lone Wolf Fund had a positive month in March. Portfolio was up 4.5% for the month, thanks to the resurgence in Boustead Singapore shares. The portfoli

Wolf Money(world market review 25-31 March 2024)

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  Bust of Khoo Teck Puat@York Hotel Market Summary 25-31 Mar 2024 *USA*  + Powell said CPE inflation data for Feb was in line with expectations, wants to see ‘more good inflation readings’ before cut rates   + US GDP growth revised up to 3.4% YoY in Q4, higher than 3.3% registered in first estimate + US personal spending PCE grew by US$145.5bn or 0.8% in Feb MoM, biggest gain in a year, core PCE up by 0.3% as expected + US personal income rose by 0.3% in Feb MoM vs expectation of 0.4% + US retail sales rose 0.6% in Feb after falling a revised 1.1% in Jan + US wholesale inventories up by 0.5% in Feb MoM, amounted to US$901.1bn + US Consumer Sentiment Index rose 3.3% in Mar MoM to 79.4: Uni of Michigan  + US home prices in all 9 census divisions saw 6% jump in Jan on an annual basis + S&P maintained its AA+ long-term and A-1+ short-term unsolicited sovereign credit rating  -US trade deficit in goods widens to US$91.8bn in Feb, largest in 10 mths, from revised US$90.51bn in Jan  -US a