Feb Fixed Deposit Rates Update - 1.18% P.A.at Bank of China

First some clarifications: Fixed Deposit is not for real investment.  My review on Singapore's FD is limited to S$50,ooo and below; and tenure term not exceeding 12 months.  Fixed Deposit is for parking the emergency fund and allowing immediate access to the fund when needed.  These are also based on the following considerations:

1. Singapore's Deposit Insurance Scheme maximum coverage up to S$50,ooo only.
2. Long tenure term will potentially affect your cash-out value for your emergency fund, as you may suffer a penalty fee for early withdrawal.

Back to the update: Bank of China's 12-months FD rates of 1.18% p.a. is currently the highest in Singapore.  The minimum deposit amount for BOC FD is S$50,000.   

This promotion is valid for customers with fresh funds only, meaning it is not applicable for money transferred from existing BOC accounts.

There are few branches of BOC in Singapore:
1. Battery Road (BOC Building),
2. Chinatown branch (Furama Hotel),
3. Katong branch (188-192 East Coast Road),
4. Middle Road (BOC Plaza),
5. Maxwell Road (Maxwell House).

According to BOC's website, this promotion starts from 3rd Feb and is for a limited period only.

Promotion Details:

Min. Deposit Amount (S$)	12-MTH SGD Time Deposits Promotional Interest Rate*
S$50,000 to S$199,999	1.18% p.a.
More than $200,000	1.20% p.a.

*Rates are indicative only.
Please let me know if there is better offer in the market.

My Stock Portfolio @ end January 2014

No.	Stock Name	Lots	Portfolio%	Avg Cost$	Breakeven$	Market$
1	Starhub	5	18.27	3.22	2.82	4.27
2	SGX	3	17.59	4.19	2.93	6.85
3	SPH	5	17.08	3.99	3.46	3.99
4	AIMS AMPI Reit	4	4.95	1.56	1.56	1.445
5	CapitaMall Trust	3	4.80	1.71	1.19	1.87
6	CapitaLand	2	4.72	3.91	3.69	2.76
7	SIA Engg	1	4.22	4.86	4.92	4.93
8	Suntec Reit	3	4.13	1.52	1.16	1.61
9	CDL HTrust	3	4.12	1.66	1.16	1.605
10	Starhill Global	6	3.93	0.71	0.56	0.765
11	SingTel	1.2	3.60	3.21	2.88	3.53
12	Frasers CT	2	2.91	1.81	1.84	1.70
13	HPH Trust	3	2.12	0.90	0.86	0.665
14	SPH Reit	2	1.68	0.94	0.96	0.98
15	FE Orchard	1	1.45	1.18	0.88	1.69
16	Boustead	1	1.42	1.44	1.43	1.655
17	CitySpring	3	1.21	0.65	0.47	0.47
18	Sing Post	1	1.14	0.875	0.68	1.335
19	FE HTrust	1	0.67	0.93	0.90	0.785

Movement in my portfolio in January:-
Sold:- NIL.
Bought:- NIL.

Dividends collected in January: $80.92
2014 avg dividends/month: $80.92

I did not add any stock to my portfolio in January as I have made a lump sum donation back to society.