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Archive for August, 2006

2006 4-Week T-Bill Rates

Posted by Sun on August 21, 2006 (0) Comment

Last week’s 4-Week T-Bill auction set the latest rate at 5.166%, a slight dip from previous two auctions, but still higher than the rate at EmigrantDirect which pays 5.15% for savings account. So far, we have enjoyed an upward swing of the 4-Week T-Bill rates, up from 4.00% at the beginning of the year to [...]

Categories : Bond, Investing Tags: No Tags

Should Water Find A Place In Your Portfolio?

Posted by Sun on August 21, 2006 (0) Comment

I came cross an article about global water shortage on BBC News today. The main message of the article is that water shortage, which is usually seen as a developing country problem, now posses a threat to both rich and poor countries alike. This reminds me an article I read early this year on MarketWatch [...]

Categories : ETF, Investing Tags: No Tags

Monthly Expenses Record

Posted by Sun on August 21, 2006 (0) Comment

I haven’t tracked my expenses for many years (at least eight as I remember). I used to use paper and pen to keep a record of every penny I spent when I was a student with a tight budget. At the end of the month, I knew exactly how much I spent on bread and [...]

Categories : About me, Net worth Tags: No Tags

Cashback Credit Cards

Posted by Sun on August 21, 2006 (0) Comment

The rumor is out that Citibank will terminate the 5% cashback program of its Dividend Platinum Select Cash Back Rewards credit card (When I checked the Citi’s web site today, I couldn’t even find the Dividend card.) Currently, the card gives 5% cashback on purchases made at gas stations, grocery stores, and supermarkets. Beginning in [...]

Categories : Credit cards, Personal finance Tags: No Tags

Highlight Of Changes In Pensions

Posted by Sun on August 17, 2006 (0) Comment

From AP, major changes in the new Pension Bill include:

Requires employers with defined-benefit plans to make sufficient contributions to meet a 100% funding target and erase funding shortfalls over seven years.
Forces employers with “at-risk” plans to make accelerated contributions. Under one scenario, a plan is deemed at-risk if it falls below 70% funded status using [...]

Categories : Personal finance, Retirement Tags: No Tags
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