To track some personally noteworthy events, observations and thoughts, letting them age and savor/regret them again a long time later.
Monday, September 28, 2015
First Singapore Savings Bonds
$1.2 billion worth of bonds were offered to the public but in the end only $413 million were taken up. What a shame. I had hoped people had shown more return/risk cleverness and picked up everything. The very rich would have happily put some of their cash in this if there were no $100K limit. This is way too small to interest them. As for the common man, this is really a gift and they just don't get it or perhaps even know about it. Then there must be many financial advisers which would discourage them. The ordinary guy is so vulnerable in
after himself financially.