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Wolf Bargain(Buddha’s Delight)

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  (The most beautiful Buddhist temple in my opinion) The Buddha Tooth Relic Temple located near Sago Lane has to be one of the most beautiful Buddhist temple in Singapore in my opinion. Although I am not a Buddhist but I am spellbound by the architectural marvel of this building. The grandeur of the temple drew curious tourists from all over the world, with many striking their best pose in front of the temple for a memorable snapshot. Lian Xin Vegan Restaurant   For years, I never know there is a Vegan food court located in the basement of the temple. The entrance and signage to Lian Xin food court is not prominently displayed, a keen eye is needed to spot the entrance. I give it a nickname “Secret Vegan Foodcourt”. There are plenty of Vegan varieties which I never would have imagined. Besides the Vegetarian Bee Hoon and Mixed Rice(Caifan). There are Western Food and noodles to choose from. All desserts and drinks are available at $1 each. My plate of Vegetarian Bee Hoon and C...

Wolf Money(Sold YZJ Financial)

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  I have sold my small holding in YZJ Financial with a small profit. Good profit for a relatively short holding period. Half a percentage return added to LWF. God Bless. Please follow 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 our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that...

Wolf Money(world market review 31 Jul-4 Aug 2023)

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  Salvador Dali Spain 1904-1989 Warrior Head Circa 1982 Collection of Parkview Square Market Summary 31 Jul-6 Aug 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Fitch cuts US long-term rating to AA+ from AAA, citing debt ceiling issue  - White House and Treasury Dept raised objections to decision by Fitch to downrank long-term US rating  + US labour productivity jumped by most since 2020 at 3.7% annual rate in Q2, helping offset rising labour cost  - US Treasury Dept announced increase in issuance of longer-term bonds in coming mths  - US 10-year borrowing costs rise to 9-mth high - US mortgage rate on 30-year home ticked up to 6.9% vs 4.99% a year ago; 15-year fixed rate at 6.25% vs 4.26% a year ago  - US banks reported tighter credit standards, weaker loan demand from both businesses and consumers in Q2: Fed survey  + US private sector added 324,000 jobs in Jul, above expectations: ADP + US weekly jobless claims rose slightly of 6000 last week to adjusted 227...

Wolf Money(10 things you need to know about Boustead S’pore agm 2023)

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(The legendary Chairman of Boustead S’pore a.k.a the Warren Buffett of Singapore) The 2023 edition of Boustead’s agm took place in Suntec City Convention on the 28th July 2023, the first time in 3 years a physical meeting was held. One could feel the excitement, the camaraderie between the shareholders and management were on full display. The vibe was similar to a family reunion. I was just as excited to see Mr. Wong, the BODs and other shareholders. This was the best shareholders’ meeting I had attended this year, period! Management was straight to the point, no beating around the bush and no bs. The questions asked during the agm were top notch. I am mightily impressed by the sophistication of some questions asked by shareholders. Below are the 10 things you need to know about Boustead S’pore agm 2023. (The agm was well attended, close to 120 shareholders were present) 1.) Let’s get the buffet out of the way because there was none. Each shareholder was given a snack box with a bottle...

Wolf Money(world market review 24-30 July 2023)

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  Salvador Dali Spain 1904-1989 Nude Women Ascending The Staircase circa 1974 Collection of Parkview Square  Market Summary 24-30 Jul 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - Fed raised benchmark lending rate to highest level since 2001 to 5.25%-5.5%, signalled possibility of further increase ahead   + US annual inflation rate fell to lowest in 2 years, likely closer to ending its fastest interest rate hiking cycle since 1980s  + US GDP grew stronger than expected in Q2 at annualised, seasonally adjusted at 2.4%  + Fed’s staff drop US recession forecast, do have shot for inflation to return to target without high levels of job losses: Powell  + US personal consumption expenditures (PCE) rose by US$100.4bn or 0.5% MoM in Jun   + US consumer sentiment rose in Jul to highest since Oct 2021 to 71.6 as inflation continued to ease  - Biden to sign order curbing US tech investments in China by mid-Aug  - US commerce chief says China export controls “will den...

Wolf Money(portfolio update for end July 2023)early

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  A reminder of the Singapore Miracle Happy Birthday to my beloved country, Singapore, a place where I call home. If Singapore was a listed company which could be bought and sold like any other securities on the stock exchange, the “Singapore stock” would have made you close to 159x return in 58years. Singapore GDP per capita started at a mere USD $500 in 1965 had risen to USD $82,000 by end of 2022. On Aug 9th 1965, a country barely half the size of London with no natural resources and 2m population comprised of mostly the poor and the hungry set out to be a new Nation with huge odd stacked against her. Our pioneer generation was given the daunting task of undertaking Project Singapore, creating jobs and attracting investments into our country. With sheer luck and ingenuity, a miracle of atomic proportion was born out of wedlock. Once again here to the Grand Old Lady, Happy 58th National Day, Singapore! 🥂  Mental Wellness  Coco Lee’s sudden death shocked the world of en...

Wolf Money(Singapore Savings Bonds Aug 2023 result)

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  The result for Aug 2023 issue SSBs was under subscribed again. Roughly 50% of the 600m issue found buyers. I thought at 2.99% risk free for 10 years was not too shabby, maybe all the money had flown into 6 months T-Bills. Yield for Sept SSBs is likely to be similar to Aug issue. Please follow 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 our information is derived directly from information published by companies or submitted to governmental agencies on ...