Latest Forum Topics / Fixed Deposits | Post Reply |
???????? CPF ? BANK ????????
|
|||
pharoah88
Supreme |
09-Nov-2010 19:27
|
||
x 0
x 0 Alert Admin |
“The risk for banks are quite minimal right now. If you look at their balance sheets, their assets, they are quite strong and of good quality,” said Sias Research analyst Ng Kian Teck. Mr Ng said that banks would look for ways to prune costs in order to offset the lower margins on loans. For instance, they may lower fees and commissions paid out to mortgage brokers. The low Sibor (of 0.44% ?), however, cannot be wished away. “Banks, in terms of their performance, continue to be very much influenced by the interest-rate environment,” said Mr Alfred Chan, Fitch Ratings’ director for financialinstitutions’ ratings. |
||
Useful To Me Not Useful To Me | |||
pharoah88
Supreme |
02-Nov-2010 13:48
|
||
x 0
x 0 Alert Admin |
CPF Board shOUld recrUIt peOple lIke *BT and the BULLS* Take ALL CPF Funds back frOm TEMASEK TRANSFORM CPF Board IntO C P F BANK Earn 28% annUal retUrns Pay 18% p.a. Interest On CPF Balances CPF Bank HAPPY CPF Members HAPPY retIrees HAPPY cItIzens HAPPY SINGAPORE HAPPY MONEY ENOUGH fOr ALL cItIzens |
||
Useful To Me Not Useful To Me | |||
|
|||
bsiong
Supreme |
29-Oct-2010 12:37
Yells: "The Greatest Wealth is Health" |
||
x 0
x 0 Alert Admin |
It is so scary... ppl these days live in fear ..... :( |
||
Useful To Me Not Useful To Me | |||
pharoah88
Supreme |
29-Oct-2010 12:25
|
||
x 0
x 0 Alert Admin |
|||
Useful To Me Not Useful To Me | |||
pharoah88
Supreme |
29-Oct-2010 11:33
|
||
x 0
x 0 Alert Admin |
Any BANK withOUT nOrmalised Interest Rate wIll nOt recOver. When Interest Rate is NEAR-ZERO, ecOnOmy is sIck and eXtremely FRAGILE, bank is at hIghest rIsk Of DEFAULT. STAY CLEAR OF NEAR-ZERO INTEREST RATE BANKS |
||
Useful To Me Not Useful To Me | |||
|
|||
pharoah88
Supreme |
23-Sep-2010 16:04
|
||
x 0
x 0 Alert Admin |
Perils of the financial safety net COMMENTARY Jan M Rosen SHAKEN by what seemed to be an earthquake in the world’s financial markets two years ago, millions of retirees fled to safety, shifting their holdings into savings accounts, Treasury bills, money market funds or certificates of deposit.
Dr Jason T Thomas
Dr Thomas also favours real estate investment trusts because they are “an opportunity to buy into a depressed market” and many pay dividends of 5 per cent and higher.
Commodities are “an unloved asset class”, but holding them or an exchange-traded fund that holds them is a way to hedge against rising prices of raw materials in the future.
When buying high-yield bonds, he prefers a fund because of its professional management and diversified holdings.
He said he would avoid most Treasury and corporate bonds for now because interest rates are so low. As rates rise, bond prices fall, so holders may have to keep the bonds until maturity to get their principal back. In repositioning a portfolio, Dr Thomas said: “Don’t do it all at once; do it in steps.” Mr Mark L Pollard
It maybe necessary to temper expectations.”
Still, he said, a prudent investor can do much better than staying in cash or Treasury bills. A portfolio of high-quality stocks can yield dividends of 4 per cent and offer a potential for long-term capital appreciation.
Retirees who have enough for basic expenses from other holdings, pensions or Social Security and are bullish on the underlying stock might find the notes attractive for generating income, provided they are comfortable with the downside risk. Mr Jamie Kalamarides
Yet, as investors, they tend to be risk-averse.
He recommended slowly shifting to a diversified portfolio from money market funds and CD’s. Traditionally, that would include preferred stocks and bonds, and perhaps a fixed annuity for guaranteed income.
Today, he said, Prudential and others offer a new generation of annuities with a guaranteed minimum-withdrawal benefit.
The product is meant to overcome misgivings about traditional annuities while providing lifetime income, appreciation if the market rises, flexibility in withdrawing money and money for the estates of holders who die within 20 years. Ms Elizabeth Schlueter
The New York Times Now, they are suffering from the aftershocks: With short-term interest rates well below 1 per cent, their assets are not producing enough income for daily living expenses. What to do? There is no quick answer to that question but four leading financial advisers offered a variety of ideas for investing with significantly better yields while limiting risk. Diversifying portfolios is a main theme and it’s important to analyse cash flow and assess financial priorities, distinguishing between needs like money for food and utilities and favourite outlays like family gifts that may no longer be practical. Some may discover that, although portfolio values have fallen in the last two years, their assets are still sufficient for their long-term needs. Others may have to rethink their financial plans and tailor their portfolios accordingly. What follows are the advisers’ suggestions: |
||
Useful To Me Not Useful To Me | |||
pharoah88
Supreme |
23-Sep-2010 13:46
|
||
x 0
x 0 Alert Admin |
UNlIke prOperty CPF TransfOrmatIOn neglected sInce 1990 ? ? ? ? nOte: WHY left the peOple's savIngs In CPF UNtIl mOst CPF accOUnt hOlders UNable tO retIre gracIOUsly tOday ? ? ? ? |
||
Useful To Me Not Useful To Me | |||
pharoah88
Supreme |
23-Sep-2010 13:35
|
||
x 0
x 0 Alert Admin |
|||
Useful To Me Not Useful To Me | |||
|
|||
niuyear
Supreme |
23-Sep-2010 12:22
|
||
x 0
x 0 Alert Admin |
Hahaha! Good Idea! If CPF board could 'auto-invest' part of our CPF savings in some investment products with guarantee of full capital returns and profits. Member just need to sign option form. GIC could help to source this type of products with guaranteed performance, how wonderful!
|
||
Useful To Me Not Useful To Me | |||
pharoah88
Supreme |
23-Sep-2010 11:40
|
||
x 0
x 0 Alert Admin |
- Less than half of the funds here fully meet all the admission criteria for the CPF Investment Scheme, with less than three months to the deadline. |
||
Useful To Me Not Useful To Me | |||
pharoah88
Supreme |
22-Sep-2010 11:38
|
||
x 0
x 0 Alert Admin |
|||
Useful To Me Not Useful To Me | |||
pharoah88
Supreme |
21-Sep-2010 21:07
|
||
x 0
x 0 Alert Admin |
CPF SMRA minimum interest rate extended for another year
SINGAPORE
In a statement yesterday, Manpower Minister Gan Kim Yong said that, despite Singapore’s strong economic recovery, interest rates have remained low.
He added that a sharp drop in interest rates at the expiry of the four-per cent floor rate may impact CPF members who have yet to benefit fully from the economic recovery.
Since January 2008, SMRA savings have been invested in 10-year Singapore Government Securities (10YSGS), a market-based rate — plus one-per cent — for instruments of comparable risk and duration.
To provide for the transition, the Government had committed to the 4-per cent floor rate for SMRA interest up to last December.
This was first extended a year, due to global economic conditions and the exceptionally low interest-rate environment last year.
Citigroup economist Kit Wei Zheng told MediaCorp the latest move would protect CPF savings from being “eroded” should the inflation rate rise from its current level of “over three per cent to four per cent by the end of the year”.
From 2012, the minimum interest rate will be 2.5-per-cent per annum.
When he explained the CPF changes in 2007, Finance Minister Tharman Shanmugaratnam said the peg to long-term bond rates would offer members “better returns over time with slightly higher interest rate risk” on their SMRA.
The 10YSGS is now 2.15 per cent. In January last year, it was 1.7 per cent.
Mr Kit said Singapore bond yields are influenced by United States bond yields and that interest rates are “near historic lows” and expected to remain so for some time with the “sluggish” US recovery.
So does the decision to peg SMRA rates to long-term bond rates hold?
“It appears it’s not working well. Back in 2007, no one anticipated the 10YSGS yield would fall or that the US would be hit by a deep recession,” said Mr Kit, who suggested adding two per cent to the 10YSGS instead of the current one per cent.
Interest rates could rise, though, if the US economy improves. “How fast and when depends on global economic outlook,” said Mr Kit.
When that happens, the Government would probably not extend the floor rate of 4 per cent since the formula of 10YSGS plus one per cent would give better returns, he added. |
||
Useful To Me Not Useful To Me | |||
|
|||
pharoah88
Supreme |
21-Sep-2010 21:06
|
||
x 0
x 0 Alert Admin |
shOUld CPF bOard be rUn as CPF Bank ? ? ? ? ? ? ? ? fOr ALL members' prOsperIty ? ? ? ? ? ? ? ? |
||
Useful To Me Not Useful To Me |