An amateur's efforts to ensure his finances survive early retirement.
Friday, June 22, 2012
As expected the second issue of iBonds by the Hong Kong government was massively oversubscribed with 332,467 applications for a total of HKD49.8 billion. Even the maximum allocation of three or four units (HKD30,000 or HKD40,000) is de minimus - better than leaving money in the bank but so small as to be almost not worth bothering about. Disappointing but not unexpected.