Purchase of SGS T-Bills ( TB-080424-0021 )

My purchase of SGS T-Bills

The bid done for today is for the auction next week :

Issue Code - BQ08117A
Issue Date - 2 May2008
Tenor - 91 days
Maturity Date - 2008

a 10% downpayment was made ( = $100.00 ) which will be refunded when the transaction is performed next week.

I made a bid of S$1000.00

The yield will be known next week through the auction result.

yield = %
total paid = $
gain = $

Financial Terms - Net Asset Value

What does it means...
A mutual fund's price per share or exchange-traded fund's (ETF) per-share value. In both cases, the per-share dollar amount of the fund is derived by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding.

In terms of corporate valuations, the value of assets less liabilities equals net asset value (NAV), or "book value".

What investopedia says...
In the context of mutual funds, NAV per share is computed once a day based on the closing market prices of the securities in the fund's portfolio. All mutual fund’s buy and sell orders are processed at the NAV of the trade date. However, investors must wait until the following day to get the trade price.

Mutual funds pay out virtually all of their income and capital gains. As a result, changes in NAV are not the best gauge of mutual fund performance, which is best measured by annual total return.

Because ETFs and closed-end funds trade like stocks, their shares trade at market value, which can be a dollar value above (trading at a premium) or below (trading at a discount) NAV.

Details here.
NAV explained

Jim Rogers video

1. Jim Rogers on CNBC: ABOLISH THE FEDERAL RESERVE and Bernanke
2. Part 1 Jim Rogers Interview On Bloomberg
3. Jim Rogers on FED money injection - PART 1
3. Jim Rogers on FED money injection - PART 2
5. Jim Rogers on US Economy FED Ron Paul

Purchase of SGS T-Bills ( TB-080424-0021 )

My purchase of SGS T-Bills

The bid done for today is for the auction next week :

Issue Code - BQ08116V
Issue Date - 24 April 2008
Tenor - 91 days
Maturity Date - 24 July 2008

a 10% downpayment was made ( = $100.00 ) which will be refunded when the transaction is performed next week.

I made a bid of S$1000.00

The yield will be known next week through the auction result.

yield = %
total paid = $
gain = $

Difference between Hyflux n Hyflux Water Trust - kleer

An article from kleer on the differences between Hyflux and Hyflux Water Trust here.

Home - Bills for April 08

Bills for the month of April 08

1. Singtel residential phone fixed line - $25.00 ( paid for quarter 04 apr to 03 jul 2008, 11 Apr )
2. SP Services - $23.55 ( 21 Apr )
3. S&CC - $37.50 ( 17 Apr)
4. SCV - no subscription yet.
5. Broadband Singtel - $45.01 ( 11 Apr )
6. Property Tax - no need due to rebates.
7. TV licence - $110 per year ( paid for 2008 )

black - not paid, blue - paid

Purchase of SGS T-Bills ( TB-080417-0020 )

My purchase of SGS T-Bills

The bid done for today is for the auction next week :

Issue Code - BQ08115N
Issue Date - 17 April 2008
Tenor - 91 days
Maturity Date - 17 July 2008

a 10% downpayment was made ( = $100.00 ) which will be refunded when the transaction is performed next week.

I made a bid of S$1000.00The yield will be known next week through the auction result.

yield = %
total paid = $
gain = $

Oilpods - projectdreamz's blog

Found a blog of a guy who records his journey in oilpods investment.

http://oilpods.projectdreamz.com/

Interesting discussion on LMA

From nextinsight,
http://www.nextinsight.com.sg/content/view/306/60/

from wallstraits
http://www.wallstraits.com/community/viewthread.php?tid=6182

Photography - flash shooting ( extract )

And if you want to get picutres that reflect the mood of the show, try to hold off the flash from your compact camera, said photographer Geoff Ang. That means shooting at a higher ISO and keeping your camera steady.

The fashion photographer, who shoots fashion spreads and commercials, said: "Flash kills the ambience and the mood of the show. If the show uses beautiful purple lights, for example, and you use flash, your only see white light in your photo, and you don't get the feeling of the show any more."

Photography - Colour Temperature

Tungsten - in the region of 3200 degrees Kelvin
Flourescent -
Daylight - in the region of 5000 - 5500 degrees Kelvin
Flash - has a temperature around 5500 degress Kelvin
Cloudy - in the region of 6000 - 6500 degress Kelvin
Shade - in the region of 8000 - 22000 degrees Kelvin

Shooting RAW
One of the advantages of shooting RAW files rather JPEGs is that you can adjust the white balance retrospectively on your computer. You can do that with JPEG images to a degree by adjusting the colour balanc, but there's an important difference JPEG images have already been processed once by the camera, according to the original white balance setting - some colour information will have been discarded, and you can't get it back. RAW files save all the image data unprocessed. The white balance setting you chose when shooting is stored with the image as an instruction, which can be used by the RAW processing software later - it hasn't actually changed the image data in any way. So RAW files have big advantages when you're working in difficult conditions where you're not quite certain of the lighting at the time of shooting.

tungsten lighting can vary considerably in colour temperature. Household lights can be close to the 2800 degrees Kelvin average we describe or they can be considerably warmer - 2400 degress Kelvin. In the meantime, professional studio tungsten lighting is designed to be closer to daylight and may have a colour temperature as high as 3200 - 3400 degrees Kelvin.

Oilpods Investment - Biamante project

I received my 2nd monthly income from my ownership of the Biamante project= $51.75

Biamante project monthly income breakdown
Apr 08 = $51.75 ( 1.3799 )
Mar 08 = $52.23 ( 1.3929 )

Total Sum to date = $103.98
Total Holding Yield = 103.98/7586.50 = 1.37%

Oilpods Investment - BSD project

I received my 8th monthly income from my ownership of the Brookshire Salt Dome project= $103.49

Brookshire Salt Dome project monthly income breakdown
Apr 08 = $103.49 ( 1.3799 )
Mar 08 = $104.47 ( 1.3929 )
Feb 08 = $107.18 ( 1.429 )
Jan 08 = $108.75 ( 1.45 )
Dec 07 = $108.38 ( 1.445 )
Nov 07 = $108.84 ( 1.4512 )
Oct 07 = $110.89 ( 1.4785 )
Sept 07 = $114.49 ( 1.5265 )

Total Sum to date = $866.49
Total Holding Yield = 866.49/15,210 = 5.70%

Purchase of SGS T-Bills ( TB-080410-0019 )

My purchase of SGS T-Bills

The bid done for today is for the auction next week :

Issue Code - BQ08114W
Issue Date - 10 April 2008
Tenor - 91 days
Maturity Date - 10 July 2008

a 10% downpayment was made ( = $100.00 ) which will be refunded when the transaction is performed next week.

I made a bid of S$1000.00

The yield will be known next week through the auction result.

yield = %
total paid = $
gain = $

Portfolio Update - March 2008

Top Ten Holdings ( by market value )

1. ST Engineering
2. Noble Grp
3. UOB
4. SIA
5. SingTel
6. OCBC
7. Swiber
8. Comfort Delgro
9. Semb. Marine
10. Allgreen

Dividend for the month of March = $187.20

From 05 year 2007-03 year2008 ( over 11 months ), my total dividend is $16,193.72

Market Value of equity = $392,665.16
Market Value of trust fund ( fundsupermart ) = $68,904.49
Market Value of trust fund ( finatiq ) = $51,003.12

this month has been volatile too... MV is roughly the same.

Everything is still pretty uncertain. I will continue to do invest bit by bit each month.