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Lastest S$ Deposit updates - Part 1

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Old 07-01-2011, 07:40 PM   #16
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dun get bluff

fine print there say 0.88 is for jan to march 31 nia.

after that april onwards drop to 0.40 p.a

today i went place fixed deposit with UOB 0.80 pa one
11mth FD~?
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Old 07-01-2011, 10:30 PM   #17
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If you have a longer time horizon for a part of your funds, do consider a lump sum endowment plan.

My company is offering 2.3% per annum and the policy term is for 7 years.

Say a single premium of 30K. Upon maturity, the guaranteed mature amount is $35,175.
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Old 07-01-2011, 10:48 PM   #18
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your company is insurance company ah
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Old 07-01-2011, 10:50 PM   #19
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yup yup, correct!
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Old 07-01-2011, 10:52 PM   #20
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8746D0E20F42FD4A482578100016A458/$file/NewsRelease_BondsPublicOffering_20110106.pdf?openelement

CapMalls Asia bonds, 1% for 1 year , 2.15% for 3...min sum needed only 2k.

I think the 1 year should be quite ok...application ends 15th Jan, starts on 21st january. Put 10k for a year, interest $100, better then bank give you $10 nia lol
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Old 08-01-2011, 07:59 AM   #21
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8746D0E20F42FD4A482578100016A458/$file/NewsRelease_BondsPublicOffering_20110106.pdf?openelement

CapMalls Asia bonds, 1% for 1 year , 2.15% for 3...min sum needed only 2k.

I think the 1 year should be quite ok...application ends 15th Jan, starts on 21st january. Put 10k for a year, interest $100, better then bank give you $10 nia lol
you compare with the lousiest bank deposit rate of course 1% seems very attractive. but if u compare with cimb 0.8% + cheque book + atm card, then it is only marginally better. furthermore at cimb, you can withdraw cash anytime
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Old 08-01-2011, 08:47 AM   #22
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you compare with the lousiest bank deposit rate of course 1% seems very attractive. but if u compare with cimb 0.8% + cheque book + atm card, then it is only marginally better. furthermore at cimb, you can withdraw cash anytime
Both serves different purpose.

Star-saver needs a min of 5k and a monthly additional requirement of $500 to maintain this 0.8% (otherwise its 0.5%) and time-frame is not confirmed, maybe 6 months down the road they drop to 0.7%? nobody knows. It is good for short-term parking of funds for future investment opportunities.

This CMA bond is for those who have a sum which they are sure they will not need to touch for a year and yet do not want to take the risk of investing in equities at the moment.
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Old 08-01-2011, 12:21 PM   #23
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ICICI offering highest FD rate
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Old 08-01-2011, 06:24 PM   #24
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Both serves different purpose.

Star-saver needs a min of 5k and a monthly additional requirement of $500 to maintain this 0.8% (otherwise its 0.5%) and time-frame is not confirmed, maybe 6 months down the road they drop to 0.7%? nobody knows. It is good for short-term parking of funds for future investment opportunities.

This CMA bond is for those who have a sum which they are sure they will not need to touch for a year and yet do not want to take the risk of investing in equities at the moment.
but is it worth to invest? Last time when SIA launch its bonds there was a craze. I onli have some funding that onli meets its minimum amt, (but I dun wan to lock in FD anymore ) it is worth it?
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Old 08-01-2011, 06:43 PM   #25
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ICICI offering highest FD rate
ICICI has just drop their FD rate.......
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Old 08-01-2011, 09:17 PM   #26
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but is it worth to invest? Last time when SIA launch its bonds there was a craze. I onli have some funding that onli meets its minimum amt, (but I dun wan to lock in FD anymore ) it is worth it?
2k? ... cant do much with it. Might as well put in there for a year and get $20.

Or save up abit more and buy 2 lots of singpost? $2400+ but u get $120+ worth of dividends annually, ~5% yield pretty good. capital not protected though low risk.

Many many choices out there...
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Old 09-01-2011, 10:24 AM   #27
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2k? ... cant do much with it. Might as well put in there for a year and get $20.

Or save up abit more and buy 2 lots of singpost? $2400+ but u get $120+ worth of dividends annually, ~5% yield pretty good. capital not protected though low risk.

Many many choices out there...
Singpost so steady ah! Wah didn't know that. Still got what else?
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Old 09-01-2011, 11:55 AM   #28
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http://www.investmentmoats.com/Divid...ndScreener.php

Do read more and remember not to choose stocks just based on div yield..look at where the company is headed in 3-5 years time to see if they are stable. Stocks always carry more risks then FDs.
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Old 09-01-2011, 03:20 PM   #29
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If you have a longer time horizon for a part of your funds, do consider a lump sum endowment plan.

My company is offering 2.3% per annum and the policy term is for 7 years.

Say a single premium of 30K. Upon maturity, the guaranteed mature amount is $35,175.
7 year endowment plan is only 2.3% p.a.... sucks...

even CMA bond, is paying 2.15% p.a. for a 3 year term.

and CMA bond can exit anytime based on the current market price, which could be higher or lower than the purchase price.

unlike your endowment plan can only exit at a loss.
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Old 09-01-2011, 03:23 PM   #30
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Singpost so steady ah! Wah didn't know that. Still got what else?
singpost pays 6.25 cents per year.

based on current price of $1.20, it offers 5.2% p.a. yield.

but as highlighted, the price of a share can fluctuated (go up OR down, not necessarily just down).
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