SRS Portfolio

[BBCWatcher]

...Or use OCBC's Blue Chip Investment Plan (BCIP) if you're satisfied with the securities and commissions it offers.

...Or use another broker. You're not required to use OCBC-anything just because your SRS account happens to be at OCBC.

 

[maumu]

are there any endowments that we can buy with SRS these days?

t-bills are pretty low (1.5 - 1.6) nowadays.

 

[BBCWatcher]

are there any endowments that we can buy with SRS these days?
t-bills are pretty low (1.5 - 1.6) nowadays.

Maybe, but what do you want something short-term in an SRS account? Are you within or near your withdrawal age?

 

[maumu]

Maybe, but what do you want something short-term in an SRS account? Are you within or near your withdrawal age?

not in another 15 years or so...

wish they can increase the SSB cap.

maybe buy annuity?

 

[henrylbh]

not in another 15 years or so...

wish they can increase the SSB cap.

maybe buy annuity?

Buy dbs, ocbc and uob and collect more than 5% returns with no cap.

I have 260k QAF shares in CPF giving more than 5% returns or $13k annually. I wished I had bought banks' shares instead over the same time period.

 

[maumu]

Buy dbs, ocbc and uob and collect more than 5% returns with no cap.

idk man... idw to gamble with shares and equities with my SRS.

 

[henrylbh]

idk man... idw to gamble with shares and equities with my SRS.

Then stick to SSB and TB only. Buying Annuity is still gambling.

 

[zumaba]

Maybe, but what do you want something short-term in an SRS account? Are you within or near your withdrawal age?

If within the withdrawal age but no hurry to withdrawal, any recommendation for what to invest?

 

[BBCWatcher]

not in another 15 years or so...
wish they can increase the SSB cap.
maybe buy annuity?

idk man... idw to gamble with shares and equities with my SRS.

Then stick to SSB and TB only. Buying Annuity is still gambling.

If within the withdrawal age but no hurry to withdrawal, any recommendation for what to invest?

If you want a conservative long-term investment then a quality bond index fund such as MBH fits that description. T-bills are short-term (6 months or 12 months). SSBs are short(ish) term.

If you want something less conservative then you can invest in a low cost stock index fund and a low cost bond index fund in a blend. Then periodically rebalance.

It's sensible to make portfolio allocation decisions — dialing risk up or down — on a whole household basis. For reasons given upthread it doesn't make sense to make such decisions for an SRS account alone, in isolation.

 

[yellowduck]

Buy dbs, ocbc and uob and collect more than 5% returns with no cap.

I have 260k QAF shares in CPF giving more than 5% returns or $13k annually. I wished I had bought banks' shares instead over the same time period.

but our banks like super hot and seems like not much upside but more toward downside... scary.. haha

 

[WHLN17]

idk man... idw to gamble with shares and equities with my SRS.

Why not try 20 to 30% on equites? The upside can be tremendous for examples YTD Propnex, Centurion, Boustead just to name a few have generated as high as 40 to 200% returns. Generally for the stocks mentioned, even if their share prices are not performing, they do pay decent dividends and in fact all the 3 their share prices only shoot up this year esp for Propnex and Boustead. We can target to realise the gains if any of our holdings hit a preset level such as 20%, 50% etc. I find the long term feature of SRS useful to smooth out the volatility of holding equities, prices can go and down but if we are confident of our picks, we just do nothing and receive dividends while waiting for share prices to go up, which they usually do if the underlying companies are profit making.

 

[ekardo]

anyone using SRS for Syfe Equity 100?
how is the performance?

 

[JetStorm]

Anyone having issues transferring funds to SRS account with dbs or posb? the resulting account does not show my srs account wth