CPF Easy Info Thread. :)

[andyhtc]

In my DBS Vickers Settlement Mode, I see a "CPF" (CPFIS) option to buy shares. Is that CPFIS from CPF OA or SA, please?

 

[reddevil0728]

In my DBS Vickers Settlement Mode, I see a "CPF" (CPFIS) option to buy shares. Is that CPFIS from CPF OA or SA, please?

OA.

https://www.cpf.gov.sg/member/growing-your-savings/earning-higher-returns/investing-your-cpf-savings
2
CPFIS-SA
You don’t need to open a CPF Investment Account to invest your SA savings. Simply approach the product providers (PDF, 0.1MB) directly to buy or sell your investments.

 

[vsvs24]

If link CPFIS account number to FSMone, can I use FSMone to buy equities using CPF OA ?

 

[dork32]

For QAF, if you have bought at peak of 1.60 (it's suck) in 2017 treat it as a long-term bond like CPF. It has been paying 5c dividend since 2011 in good and bad times. The yield at cost of 1.60 still beats OA rate of 2.5% by good margin. At today's price of 85c, the yield is more than double 2.5%. and there is potential to creep towards its peak, if not surpass it, unless nobody wants to eat bread anymore.

I must be dumb to put a cent with T-bills unless it's more than 3.32% yield. I will only buy T-bills even at less than 3.32% if I am hecking my OA/SA when the time comes.

But I am not suggesting any buy. Only giving my observations.

you sounded an amateur here.

we all know dividends is not ever thing. since you like dividends so much, i intro asia pay tv to you, 9% dividends, why waste time on the 5-6% dividend in qaf. when dividends are higher than normal, there has to be a catch. i will let others explain why this counter gives such fantastic dividends. it is the same reason why qas was at 1.6 then and 0.8 now.

also even if qaf is as fantastic as you mentioned, you can only go 30, 40% of your oa into it. what are you going to do with the rest? putting it in tbill is one up against letting it rot in oa.

 

[reddevil0728]

you sounded an amateur here.

we all know dividends is not ever thing. since you like dividends so much, i intro asia pay tv to you, 9% dividends, why waste time on the 5-6% dividend in qaf. when dividends are higher than normal, there has to be a catch. i will let others explain why this counter gives such fantastic dividends. it is the same reason why qas was at 1.6 then and 0.8 now.

also even if qaf is as fantastic as you mentioned, you can only go 30, 40% of your oa into it. what are you going to do with the rest? putting it in tbill is one up against letting it rot in oa.

Total shareholder return most important.

give high dividends but erode capital, net net might still be a loss, but yes may get the dividends back, but that’s like lying to oneself

 

[dork32]

Total shareholder return most important.

give high dividends but erode capital, net net might still be a loss, but yes may get the dividends back, but that’s like lying to oneself

good analysis. but there is another reason why asia tv gives high div.

nobody watch cable these days. got netflix, disney, which loser still watch starhub? so the profit of this sort of sheetty company will go down in future. they would not be able to match their current dividend in the future. this is factored into the price of the stock causing it to be lower and hence a higher dividend yield.

moral of story, do not just look at dividend.

 

[henrylbh]

you sounded an amateur here.

we all know dividends is not ever thing. since you like dividends so much, i intro asia pay tv to you, 9% dividends, why waste time on the 5-6% dividend in qaf. when dividends are higher than normal, there has to be a catch. i will let others explain why this counter gives such fantastic dividends. it is the same reason why qas was at 1.6 then and 0.8 now.

also even if qaf is as fantastic as you mentioned, you can only go 30, 40% of your oa into it. what are you going to do with the rest? putting it in tbill is one up against letting it rot in oa.

I admit I am still an amateur and would remain so. But you? Who in this forum professed to be professional other than you? You have to be since you say I sounded like an amateur. Even professionals/analysts can argue among themselves and be wrong and they can change their mind like the market.

Must be dumb to think that dividend is not ever thing? Even if one is into dividend investing doesn't mean one will chase companies with highest dividends. And quite a number of REITs and Trust entities are high yielding. I have started with dividend investing initially before becoming more adventurous in the last 10 years of so. Now I am switching back more to dividend investing ...... back to when I started. But I never into any REITS or Trust entities.

Since you intro Asian pay tv, I will look into it and may be bet on it, not so much for dividend yield but for hints of capital appreciation. still got betting instinct in me. But the counter is not a CPFIS counter. Anyway, I left with 20k investible limit after dumping more than 200k in CPFIS-OA.

 

[dork32]

I admit I am still an amateur and would remain so. But you? Who in this forum professed to be professional other than you? You have to be since you say I sounded like an amateur. Even professionals/analysts can argue among themselves and be wrong and they can change their mind like the market.

Must be dumb to think that dividend is not ever thing? Even if one is into dividend investing doesn't mean one will chase companies with highest dividends. And quite a number of REITs and Trust entities are high yielding. I have started with dividend investing initially before becoming more adventurous in the last 10 years of so. Now I am switching back more to dividend investing ...... back to when I started. But I never into any REITS or Trust entities.

Since you intro Asian pay tv, I will look into it and may be bet on it, not so much for dividend yield but for hints of capital appreciation. still got betting instinct in me. But the counter is not a CPFIS counter. Anyway, I left with 20k investible limit after dumping more than 200k in CPFIS-OA.

i did not say i am a pro. at least i not amateur.

i will never compare qaf with tbills. coz they are completely different instrument.

and for your info, i am into div investing. i have a whole bunch of div stocks, including reits and trust. i also collect quite a lot of dividends every year. i have monitored the movement of these counters, while they tend to give higher dividends, there a chance that i lose money.

i am also into tbills. coz i confirm wont lose with tbills.

and my advice is this. dont buy asia tv. it suks to the core. temasek dont know lose how much in this crab before they pulled out.

 

[henrylbh]

i did not say i am a pro. at least i not amateur.

So you not here not there?

i will never compare qaf with tbills. coz they are completely different instrument.

Who cares whether the cat is black or white

and for your info, i am into div investing. i have a whole bunch of div stocks, including reits and trust. i also collect quite a lot of dividends every year. i have monitored the movement of these counters, while they tend to give higher dividends, there a chance that i lose money.

i am also into tbills. coz i confirm wont lose with tbills.

Who don't know that SGS and T-bills will never lose unlike Sri Lanka.

and my advice is this. dont buy asia tv. it suks to the core. temasek dont know lose how much in this crab before they pulled out.

You like not here not there again when earlier you mentioned i intro asia pay tv to you, 9% dividends

 

[dork32]

You like not here not there again when earlier you mentioned i intro asia pay tv to you, 9% dividends

it is just a counter example of a bad high dividend stock

 

[dork32]

Who cares whether the cat is black or white

it is not comparing the color of cats. it is like saying a cat is better than a washing machine.

 

[qhong61]

Why u two 打情骂俏？

 

[henrylbh]

i am quite surprise that a uncle like you talk like.

in tbills the gain will never be that great. but fluctuation in tbills rates is small. but i am certain i will get back my money.

If you dump $500k for coming T-bill assuming the yield is 3.32% you will end up losing some money more than those who put in $1k according to bbc calculations. If you think the breakeven is about 2.9% you will lose 4 figures. If you are not successful in the application, you lose more. You lose interest for Sep and Oct 2022 So who says no risk, unless there are errors in my calculation

 

[dork32]

If you dump $500k for coming T-bill assuming the yield is 3.32% you will end up losing some money more than those who put in $1k according to bbc calculations. If you think the breakeven is about 2.9% you will lose 4 figures. If you are not successful in the application, you lose more. You lose interest for Sep and Oct 2022 So who says no risk, unless there are errors in my calculation

you are right. getting tbills is not confirmed.

you heard what they say about ocbc? they say they will deduct the amount only if you kena. so there is no losses if you did not kena.

comp bid at 2.95% seems a good choice. quite like you will get it. 2.95% will prevent losses due to some very low and undesirable rates. i am quite certain that the rate will be higher than 2.95% .

 

[henrylbh]

you are right. getting tbills is not confirmed.

i may want to all in to t-bills. Now not confirmed. You have 2 days left.

you heard what they say about ocbc? they say they will deduct the amount only if you kena. so there is no losses if you did not kena.

comp bid at 2.95% seems a good choice. quite like you will get it. 2.95% will prevent losses due to some very low and undesirable rates. i am quite certain that the rate will be higher than 2.95% .

Even if they deduct payment on auction date, it will be 29 Sep. There goes one month's cpf interest. Redemption on 4 Apr. There goes another month's cpf interest. If the yield is at 3.32%, you will lose $83 and at 2.95%, the loss will be $1,050 on the whole. So confirmed again that i am also into tbills. coz i confirm wont lose with tbills.

 

[dork32]

i may want to all in to t-bills. Now not confirmed. You have 2 days left.



Even if they deduct payment on auction date, it will be 29 Sep. There goes one month's cpf interest. Redemption on 4 Apr. There goes another month's cpf interest. If the yield is at 3.32%, you will lose $83 and at 2.95%, the loss will be $1,050 on the whole. So confirmed again that i am also into tbills. coz i confirm wont lose with tbills.

29 sep is a bad date to bid using cpf. you are right. you go in this one you may lose 2 months of interest. but there are tbills every two weeks, just wait for the next one.

i want to go in the 1 year t bill. i am going in with my oa in mid oct. that one is much better for me. i lose 1 month of interest for 12 months of tbills interest instead of 6 months.. the loss is even smaller.

 

[vsvs24]

There is a chance OCBC will deduct nett of discount on 1 Oct because last issue they deducted 2 days after auction date. DBS will deduct in Sep and lose 8 mths interest.

But if want to be certain, apply in mid Oct which has both 6 mths and 1 year opened for application.

 

[andyhtc]

29 sep is a bad date to bid using cpf. you are right. you go in this one you may lose 2 months of interest. but there are tbills every two weeks, just wait for the next one.

i want to go in the 1 year t bill. i am going in with my oa in mid oct. that one is much better for me. i lose 1 month of interest for 12 months of tbills interest instead of 6 months.. the loss is even smaller.

It should be losing 2 months out of 12 months - debit month and credit month. Breakeven interest is 12/10 x 2.5% = 3.0%. I'm still new to this so I appreciate any correction.

 

[reddevil0728]

It should be losing 2 months out of 12 months - debit month and credit month. Breakeven interest is 12/10 x 2.5% = 3.0%. I'm still new to this so I appreciate any correction.

see this

https://forums.hardwarezone.com.sg/...-bills-t-bills.6769601/page-75#post-143962992

 

[henrylbh]

you are right. getting tbills is not confirmed.

you heard what they say about ocbc? they say they will deduct the amount only if you kena. so there is no losses if you did not kena.

comp bid at 2.95% seems a good choice. quite like you will get it. 2.95% will prevent losses due to some very low and undesirable rates. i am quite certain that the rate will be higher than 2.95% .