QinWei Posted February 18 Report Share Posted February 18 Esp w cpf shielding gone, what will your next move be?? Quote Link to comment Share on other sites More sharing options...
mate69 Posted February 18 Report Share Posted February 18 ETFs QinWei 1 Quote Link to comment Share on other sites More sharing options...
QinWei Posted February 18 Author Report Share Posted February 18 All crying at the Sa closed and cant do cpf shielding anymore…. i dont see what’s the fuss: https://forums.hardwarezone.com.sg/threads/cpf-sa-shielding-hack-rip-obsolete.6132953/page-76#post-151359512 Unionbic 1 Quote Link to comment Share on other sites More sharing options...
singalion Posted February 19 Report Share Posted February 19 Growing money. Isn't it a simple calculation of spending less or investing smartly. For me the question is always: Do I really need a big fortune? Quote Link to comment Share on other sites More sharing options...
Unionbic Posted February 19 Report Share Posted February 19 A variety of dividend stocks, Singapore is actually a great place for income investors to invest with no income tax in dividends and no capital gains tax. Some other markets are not bad like Australia QinWei 1 Quote Link to comment Share on other sites More sharing options...
QinWei Posted February 19 Author Report Share Posted February 19 the whole world is talking about this ........... Quote Link to comment Share on other sites More sharing options...
QinWei Posted February 21 Author Report Share Posted February 21 (edited) who will continue to transfer your OA cash into SA to earn 4%? instead of 2.5%? closure of the CPF Special Account! Are you in favour of it? Edited February 22 by QinWei Quote Link to comment Share on other sites More sharing options...
QinWei Posted February 22 Author Report Share Posted February 22 Anyone vested in this Reit?? Sasseur Quote Link to comment Share on other sites More sharing options...
Unionbic Posted February 22 Report Share Posted February 22 Nope but the performance was pretty decent to everyone surprise lol, as a rule of thumb I try to avoid foreign reits cause of the potential pitfalls. Like Ec reit for example that really went downhill. 51 minutes ago, QinWei said: Anyone vested in this Reit?? Sasseur QinWei 1 Quote Link to comment Share on other sites More sharing options...
Singroc Posted February 23 Report Share Posted February 23 16 hours ago, QinWei said: Anyone vested in this Reit?? Sasseur Yes I do invest in Reits but not Sasseur. Quote Link to comment Share on other sites More sharing options...
funky beaver Posted February 23 Report Share Posted February 23 On 2/19/2024 at 1:09 PM, singalion said: Growing money. Isn't it a simple calculation of spending less or investing smartly. For me the question is always: Do I really need a big fortune? Well, one might not need big fortune, but it will be favourable to save for rainy days. Especially gays that don't intent to continue their bloodline. QinWei 1 Quote Link to comment Share on other sites More sharing options...
QinWei Posted March 8 Author Report Share Posted March 8 Reits Quote Link to comment Share on other sites More sharing options...
QinWei Posted March 9 Author Report Share Posted March 9 somehow u have to get it started: Quote Link to comment Share on other sites More sharing options...
Unionbic Posted March 11 Report Share Posted March 11 One other way to approach investing for younger investors be to allocate a portion of ones portfolio say 20% to growth companies, then buy the etf like say qqq or if one was more geared towards stock picking be the companies whose products they use the most. So be it Apple, Nvda, Google etc This was my strategy few years back, but market in this sectors is abit crazy now so I'll only go back in when things settle down. I believe the US market is abit of the bubbly end of things. Remainder of the pf best if vested in blue chip firms, can be income or just ones that focus more on value. sg indian here and QinWei 1 1 Quote Link to comment Share on other sites More sharing options...
Guest Oldagefolk Posted March 11 Report Share Posted March 11 On 2/18/2024 at 9:47 PM, QinWei said: Esp w cpf shielding gone, what will your next move be?? If your ra is sufficient.. just withdraw excess and spend... This is govt message.. no point saving.. how long you can live??? Anytime you can die... Life is just too short to save... Quote Link to comment Share on other sites More sharing options...
QinWei Posted March 12 Author Report Share Posted March 12 (edited) anyway rates dropped fr 4.08%: Interest rates for CPF Special, MediSave and Retirement accounts dip to 4.05% for Q2 2024 The Ordinary Account interest rate will remain at 2.5 per cent for the same period. Interest rate from 1 April 2024 to 30 June 2024: 4.05% per annum Reviewed quarterly, this rate is computed based on the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%2 (subject to the current floor interest rate of 4% per https://www.channelnewsasia.com/sin...WuTdydqXt8PieeV7EPtYabbcXuki26SoBVDTNDQYfRHnM if u r investing using SA account especially! Betting on the banks? Edited March 12 by QinWei Quote Link to comment Share on other sites More sharing options...
janamacon Posted March 12 Report Share Posted March 12 (edited) Growing money is definitely about spending smart and investing wisely, but it's also about finding a balance between financial security and enjoying life. Sure, having a big fortune sounds appealing, but for many of us, it's about having enough to live comfortably and pursue our passions without constantly worrying about finances. Speaking of smart investments, have you ever tried out game apps to earn money? It's a fun way to potentially boost your income while doing something enjoyable. I've dabbled in a few myself, and while it's not a get-rich-quick scheme by any means, it's a neat way to make a little extra cash on the side. Plus, it beats mindlessly scrolling through social media! Edited March 14 by janamacon QinWei 1 Quote Link to comment Share on other sites More sharing options...
QinWei Posted March 14 Author Report Share Posted March 14 (edited) if u have invested in them since their listing: excld all dilutive rights (based on 10yr rec) Edited March 14 by QinWei Quote Link to comment Share on other sites More sharing options...
QinWei Posted May 19 Author Report Share Posted May 19 S&P will really stretch to 6000? https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview Quote Link to comment Share on other sites More sharing options...
DonsonKwa Posted May 19 Report Share Posted May 19 I am suspicious, to me it may be tell tale signs Quote Link to comment Share on other sites More sharing options...
QinWei Posted May 19 Author Report Share Posted May 19 3 minutes ago, DonsonKwa said: I am suspicious, to me it may be tell tale signs mr Loo said he felt 5400 S&P is possible 6K is too much Quote Link to comment Share on other sites More sharing options...
QinWei Posted May 21 Author Report Share Posted May 21 the diffces between M. Funds and ETFs Etfs of cos low exp ratio usually under 1% whereas Mutual is 1-2%, cos there is a "person" behind to try to outperform in fact ETFs are mostly index fund that match the market indices Quote Link to comment Share on other sites More sharing options...
QinWei Posted May 22 Author Report Share Posted May 22 (edited) no one will get SPY, it is so limited cos in Sg,limited transactions Being Irish-domiciled: VUAA is good though a smaller mkt but still larger than Singapore, (smaller price to purchase too) but if you wanna invest thru funds like Amundi using Endowus Amundi Prime USA investment using cash would be the TER (0.05%) + Endowus Fee (0.3%). Thus your total for the year would be 0.35%. Edited May 22 by QinWei Quote Link to comment Share on other sites More sharing options...
QinWei Posted June 1 Author Report Share Posted June 1 it is never too late and investment include CPF although the earlier the better Slight rise in CPF interest rate to 4.08% for Special, MediSave and Retirement accounts in Q3 https://www.cpf.gov.sg/member/infohub/news/news-releases/cpf-interest-rates-from-1-july-2024-to-30-september-2024 Special, MediSave and Retirement Accounts Interest Rate Floor 4.08% Quote Link to comment Share on other sites More sharing options...
QinWei Posted June 1 Author Report Share Posted June 1 ermm, but where to find high yield from banks? how high is high If you apply 10-70-20, you are in a controlled spending. 1. 10% +/- into protection, such as term,life,hospital insurance 2. 70% into spending such as car loans, house loans, and the other 11 categories I shall elaborate next time 3. 20% into savings. It can be cold cash in bank, such as high yield saving. Into endowment, into ilp. Anything that is used as 6 mths emergency cash, liquidfiable. After 6 mths cash, consider to split some into investment around 4% & above So am doing this for 4 years, (since covid since it's a huge disruption at how we spend our money) to shuffle the percentile. Its not easy, it took me couple of years to shave here and there to reallocate budgets. Quote Link to comment Share on other sites More sharing options...
fbttop Posted June 2 Report Share Posted June 2 Wah why am i quoted here ... 1stly, not to off topic.. I laughing at my ex colleague now who brain wash me to follow 1M65 years ago. I told him you will regret if you keep topping up CPF as an income replacement strategy. It is one way ticket to hell. True enough you be at the mercy of government policies. One more prediction from me, you can enrol. CPF Life at 65 , sorry change to 68yo ya! 2ndly, invest in gold I bought Gold ETF 13 years ago using CPF. I mean most people didn't know you can do that. Imagine how much it has been shielded and will still continue to be. 3rd, CPF shield gone because of black sheep or loophole closing, or ERS chaser.. beligood They are all ignorant based on the fact that CPF shield is based on risk pooling. Unless you can predict that you can survive beyond 75 yo maybe to 100 yo, you be reaping extra allowance from the pool. Because the interest earned from 65 to 100 yo is not yours. Not your legacy. Its for the 50% people who survive after you kick the bucket, Unfortunately, if you understand how compounding interest works, winner is still CPF. 4th, Cash pool With FHS around $200,00 to $300,000 target, fast forward in the next 20 years. That only gives you a miserable $1700 allowance monthly base on standard plan. With 3% inflation, to survive another 10 years, saying 65 to 75yo, you have to spend less and less due to maybe another wave of inflation. So lets say $1700 is not enough for you, how much should you attempt to receive? It is $5000 for a single man. Is that way too high? No.. that's compute based on only $2500 expenditure now, fast forward 25years later due to inflation. You maybe on a wheelchair, need a helper, nurse, check in yourself to retirement village. By then your hospital insurance would have to downgrade due to rocket high premiums. You are literally deleted from the society, all alone to survive. You may be struggling with health, and swallowing supplements like madman. You may not even have $5000 to buy a coffin? So start building cash pool. CPF is just cushioning. QinWei 1 Quote Link to comment Share on other sites More sharing options...
fbttop Posted June 2 Report Share Posted June 2 Quote ermm, but where to find high yield from banks? how high is high OCBC 4.7388% 3 tiers - $394.90 monthly, $4738.80 based on $100,000 UOB and SCB also give competitive rates but UOB cant hold 5% interest, lowered Too late to go on the boat, boat half sinking. Now changing strategy. Quote Link to comment Share on other sites More sharing options...
QinWei Posted June 3 Author Report Share Posted June 3 18 hours ago, fbttop said: With FHS - wat is this? FRS? Quote Link to comment Share on other sites More sharing options...
QinWei Posted June 3 Author Report Share Posted June 3 anyone knows where to view or get the usual stock analysis on your app: for both H shares and A shares eg BYD i need their stock info for both H and A shares fbt knows? 18 hours ago, fbttop said: Now Quote Link to comment Share on other sites More sharing options...
fbttop Posted June 3 Report Share Posted June 3 Yep FRS , typo. I stay clear of China stocks.. Quote Link to comment Share on other sites More sharing options...
Guest UT Investor Posted Friday at 03:14 AM Report Share Posted Friday at 03:14 AM On 6/3/2024 at 5:57 PM, QinWei said: anyone knows where to view or get the usual stock analysis on your app: for both H shares and A shares eg BYD i need their stock info for both H and A shares fbt knows? Fyi, DBS Vickers Online does provide daily reports on China & HK stocks Quote Link to comment Share on other sites More sharing options...
QinWei Posted Friday at 04:21 AM Author Report Share Posted Friday at 04:21 AM 1 hour ago, Guest UT Investor said: Fyi, DBS Vickers Online does provide daily reports on China & HK stocks i dont have dbs i need report on top-paying divs Quote Link to comment Share on other sites More sharing options...
Guest UT Investor Posted Friday at 09:24 AM Report Share Posted Friday at 09:24 AM 5 hours ago, QinWei said: i dont have dbs i need report on top-paying divs Have you seen this link that track dividend stocks by country & industry, e.g. China Market and HK Market? Quote Link to comment Share on other sites More sharing options...
radiusulnar Posted Friday at 09:31 AM Report Share Posted Friday at 09:31 AM I jumped on SSB bandwagon for predictable return. Quote Link to comment Share on other sites More sharing options...
QinWei Posted Friday at 09:38 AM Author Report Share Posted Friday at 09:38 AM 8 minutes ago, Guest UT Investor said: Have you seen this link that track dividend stocks by country & industry, e.g. China Market and HK Market? Wow! you are a god-send! Luv ya! Tks so muccchhhhhhhhh yes the gd thing about SSB is , anytime u can wdraw /redeemed out (them all, or partial) within a mth !! and it s so convenient https://www.ilovessb.com/projection/SBAUG24 for 2024 jun is best rate Actual (02 May 2024) Year from issue date 1 2 3 4 5 6 7 8 9 10 Interest % 3.26 3.26 3.26 3.26 3.26 3.26 3.33 3.46 3.54 3.54 Average return per year % 3.26 3.26 3.26 3.26 3.26 3.26 3.27 3.29 3.31 3.33 1 minute ago, radiusulnar said: I jumped on SSB bandwagon for predictable return. i dont like Tbill esp short durations ......every 6mth has to keep repeating cycle and i dont like Cash upfront first Quote Link to comment Share on other sites More sharing options...
fbttop Posted Friday at 09:48 AM Report Share Posted Friday at 09:48 AM I only got on board on Tbill when its near 4%. Cash discount and interest pa credit later like FD is the same, just that tendency to spend the cash upfront is very likely. I tried MMF as an alternative to SSB, and its faring slightly better only. plus some low risk compare to SSB/Tbill Anyone tried MMF USD instead? Hoping to get 4.5% to 5% Quote Link to comment Share on other sites More sharing options...
QinWei Posted Friday at 11:18 AM Author Report Share Posted Friday at 11:18 AM anyone using bigfundr! Love it!!!!!!!!!!!!!!!!!!!! 1 hour ago, fbttop said: tried MMF USD instead? Hoping to get 4.5% to 5% why MMF: is that attractive when u can have: 6% and above for 9mths -1yr or close to 6 for half yr not gonna let fi institution or banks to earn I still use robo for quick-fix! eg i need the cash in a few mths then i use robo for 3.75 guaranteed! ez : in split sec the robo works and u can opt to keep "reinvesting" it for next 6mths or 3 or 12 depending on your need, Tbills can never auto opt to reinvest @all https://bigfundr.com/deals Licensed & Regulated by the Monetary Authority of Singapore | CMS Licence 101098 Best Capital Guaranteed Investment In Singapore Quote Link to comment Share on other sites More sharing options...
Guest Apples and oranges Posted yesterday at 03:45 AM Report Share Posted yesterday at 03:45 AM 16 hours ago, QinWei said: anyone using bigfundr! Love it!!!!!!!!!!!!!!!!!!!! why MMF: is that attractive when u can have: 6% and above for 9mths -1yr or close to 6 for half yr not gonna let fi institution or banks to earn I still use robo for quick-fix! eg i need the cash in a few mths then i use robo for 3.75 guaranteed! ez : in split sec the robo works and u can opt to keep "reinvesting" it for next 6mths or 3 or 12 depending on your need, Tbills can never auto opt to reinvest @all https://bigfundr.com/deals Licensed & Regulated by the Monetary Authority of Singapore | CMS Licence 101098 Best Capital Guaranteed Investment In Singapore You are comparing apples and oranges. Tbill have a complete different risk profile compared to this type of investment. Just because ‘capital guaranteed’ is highlighted in red, doesn’t give this investment the same high level of security as a bill or bond issued by MAS. Quote Link to comment Share on other sites More sharing options...
fbttop Posted yesterday at 10:05 AM Report Share Posted yesterday at 10:05 AM Correct, it's an apple and orange Roboinvest has a chance of going wrong, because I have experience with it. Somemore the robot company also licenced. I am testing the low risk portfolio for others. For me , high yield saving is good for me to offset inflation.its was tough couple years ago where it was 6%. Qn. Anyone short of stock before. I only short sell on forex. Quote Link to comment Share on other sites More sharing options...
radiusulnar Posted yesterday at 10:44 AM Report Share Posted yesterday at 10:44 AM T bills sound so difficult compared to ssb. Must learn more. Quote Link to comment Share on other sites More sharing options...
QinWei Posted yesterday at 02:20 PM Author Report Share Posted yesterday at 02:20 PM 10 hours ago, Guest Apples and oranges said: You are comparing apples and oranges. Tbill have a complete different risk profile compared to this type of investment. Just because ‘capital guaranteed’ is highlighted in red, doesn’t give this investment the same high level of security as a bill or bond issued by MAS. But tbills i or someone mentioned are those by govt and that is it and it’s of similar risk if issued by sg govt 3 hours ago, radiusulnar said: T bills sound so difficult compared to ssb. Must learn more. Quote Link to comment Share on other sites More sharing options...
fbttop Posted yesterday at 02:21 PM Report Share Posted yesterday at 02:21 PM I heard that you can use ATM now to bid https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar Easy if I can remember 1. Look out for the next auction, 20th Jun 2. Bid the amount you want, non competitive for higher chance 3. Wait for issue date for allocation 4. Deposit back the interest as a discount. Say bid $10000, $370 is return to u 5. Wait for maturity date , fwd 6 mths. You get back your capital Quote Link to comment Share on other sites More sharing options...
QinWei Posted yesterday at 02:26 PM Author Report Share Posted yesterday at 02:26 PM Yes or internet banking / app too 2 minutes ago, fbttop said: heard that you can use ATM now to bid Which is also why i mentioned we have to keep repeating this every 6 mths & if u wanna do this for 10yrs? U have to do this for 20x! if 1 wont mind a slightly lower rates for 10yrs? Might as well ssb it On 6/7/2024 at 5:38 PM, QinWei said: dont like Tbill esp short durations ......every 6mth has to keep repeating cycle Quote Link to comment Share on other sites More sharing options...
fbttop Posted yesterday at 02:29 PM Report Share Posted yesterday at 02:29 PM Quote But tbills i or someone mentioned are those by govt and that is it and it’s of similar risk if issued by sg govt We are not talking about the risk by govt or private entity Its risk appetite . 'capital guaranteed' vs "interest guaranteed" has a huge expectation Risk appetite example roughly depending on geographical and platforms 0.05% to 4% - low risk 5% to 7% - med risk 9-12% - high risk Saving in bank, FD, govt bonds, MMF are low risk or actually 0.01% will default Its for those whose goals that varies from conservative investor, hedge, inflation offset, short term saving for liquidity and so on For me, I have high risk portfolio. But another nest in high yield saving, Then 3rd nest beta testing various strategies. Quote Link to comment Share on other sites More sharing options...
QinWei Posted yesterday at 02:29 PM Author Report Share Posted yesterday at 02:29 PM On 6/7/2024 at 7:18 PM, QinWei said: use robo for quick-fix! eg i need the cash in a few mths then i use robo for 3.75 guaranteed! Syfe is guaranteed and it allowed u to auto rollover for every 6mths or 3mths or 12 dont even need to bid at all! auto! what shopee and maribank or some other robos have similar but it isnt a guranteed interest of 3.75! best is bigfundr anyone bigfundr, pls share here Quote Link to comment Share on other sites More sharing options...
QinWei Posted yesterday at 02:31 PM Author Report Share Posted yesterday at 02:31 PM 1 minute ago, fbttop said: risk appetite But i m not even talking about risk appetite of each indv i m talking of default risk of each instruments Quote Link to comment Share on other sites More sharing options...
fbttop Posted yesterday at 02:32 PM Report Share Posted yesterday at 02:32 PM ok... good for you that you know the answer and an advocate for bigfundr Syfe is not the only auto buy, it's just helping newbies to do this. I can get 10%, sell in 6 days, 3 days or 12 days also . running out of saliva.. help this kid Quote Link to comment Share on other sites More sharing options...
QinWei Posted yesterday at 02:37 PM Author Report Share Posted yesterday at 02:37 PM 2 minutes ago, fbttop said: capital guaranteed' vs "interest guaranteed" Those i mentioned, at least they didnt default this is most important for me, yes i uds diff has diff needs and expectations anything* (for now, looking at the economic factors) ie 3.7% or lesser is out * : similar to money mkt, FD, only not referring to equities, options and high risk instrumts and such and where to get: this sounded like options? 3 minutes ago, fbttop said: 10%, sell in 6 days, 3 days or 12 days also Quote Link to comment Share on other sites More sharing options...
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