ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

(23-07-2013, 11:38 AM)NTL Wrote: [ -> ]

(23-07-2013, 11:27 AM)specuvestor Wrote: [ -> ]

(23-07-2013, 11:04 AM)kichialo Wrote: [ -> ]

(23-07-2013, 09:33 AM)Temperament Wrote: [ -> ]If SA 4% p/a is guaranteed, i think it is not bad if you can afford to treat it as an "asset allocation".
By the way, i am also treating my wife's RA as "asset allocation" as long as CPF is paying 4% p/a. But i know each of us have different investment situation. Just make sure you can get more than 4% p/a return and your SA's principal as safe as possible.
Shalom.

could this lifting be a precursor to scrapping the guaranteed 4%?

It is already scrapped around 3 years ago... officially it should be pegged to 10 year +1% but govt continued to maintain it at 4%. It is no longer carved in stone.

http://mycpf.cpf.gov.sg/CPF/News/News-Re...un2013.htm

Rumored that they no longer want to maintain it from next yr onwards. Present 10yr bond stands at around 2.4-2.5%, so SA rate will drop to 3.5%?

If that's the case, then the next 2015/16 GE will see even more opposition members in parliament. Do you think they want to lose their so lucrative rice bowls? i don't think so.
In fact i think more and more goodies will be given to sweetened the ground as much as possible as the time approaches nearer and nearer 2015/2016 GE. We have had seen this in the past. Then after the GE, they will take it back more than they have given you.
Please beware and be careful.

cost wise with the posb saverinvest thingy costing 1% per transaction, is this cheaper compared to if we trade the etf using brokerage platforms?

pianist,
if you subscribe to $500 per month, then 1% means $5?

Normal brokerage for CPF will have a min charge of about $20 or $25 + GST.

hmm..thnks then it makes sense to trade etf using this latest heavenly sent platform..thks
waiting for UOB to come up with something similar
ocbc's one seems to pale now

my post refers to using CPF ... ok.

however, if not using CPF but cash then SCB 0.2% (no min charge) will be cheapest.

(24-07-2013, 09:14 AM)chialc Wrote: [ -> ]my post refers to using CPF ... ok.

however, if not using CPF but cash then SCB 0.2% (no min charge) will be cheapest.

noted.....with many thanks..but can this posb thingy use cpf to buy the nikko etf

sorry, my mistake.
I saw this post headline and assume that CPF can be use for POSB saverinvest.

Correction. POSB saverinvest is for POSB saving/current/multicurrency accounts.

(24-07-2013, 09:37 AM)chialc Wrote: [ -> ]sorry, my mistake.
I saw this post headline and assume that CPF can be use for POSB saverinvest.

Correction. POSB saverinvest is for POSB saving/current/multicurrency accounts.

oh..like that not much use, for cash must well use sc platform
for cpf, no choice have to use other brokerage platform

actually 4% to me is quite ok, using SA to invest incurs higher fees as compared to cash investment