I had further contributed another $6000 to my SRS Account this afternoon.
This brings my total contribution for the year 2010 to $7500, including the $1500 which I contributed 2 months ago for the acceptance of the rights issue/application of excess rights of Mapletree Logistics Trust.
Along with this, I had achieved my target of an average contribution of $5000/annum to SRS since 2007.
I'm looking at a good entry price for another counter with these available funds in my SRS account, possibly M1/Suntec Reit/First Reit/Singpost for dividend yield or Breadtalk/Capitaland for capital growth.
On a side note, the tax savings from my SRS contributions in 2010 (for YA2011) amount to $637.50.
More details of SRS can be found at Ministry of Finance website.
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