29-05-2012, 09:45 AM
Property is too high to invest and super bargain S chip not my cup of tea. Like most in market, its just preservation of capital.
I careful with CPF money. Never understand our economy anymore. MAS has kept interest rate so low for such a long time. We have literally enter a age where whats left is property where you can park a larger chunk of money safely in property.
But with property so high, I doubt we can see outsize appreciation. There are very few safe yield stock and when money gets lock away in safe counter, the fund that buy must be prepared to buy at a higher spread. I doubt cortina will trade near its NTA. It will only appreciate near dividend time - for buyer to meet seller price.
If buy be prepared to hold. Best lock away in CPF.
I careful with CPF money. Never understand our economy anymore. MAS has kept interest rate so low for such a long time. We have literally enter a age where whats left is property where you can park a larger chunk of money safely in property.
But with property so high, I doubt we can see outsize appreciation. There are very few safe yield stock and when money gets lock away in safe counter, the fund that buy must be prepared to buy at a higher spread. I doubt cortina will trade near its NTA. It will only appreciate near dividend time - for buyer to meet seller price.
If buy be prepared to hold. Best lock away in CPF.