*Official* MasterLeong Thread - Part 2

[MasterLeong]

Thanks. Not really into SSB. Heard about it. But didn't go into details

U go google ssb lor
Quite simple to understand, takes like 10 mins maybe

 

[goh6570]

Later. Outside now lah
Will find out more.

U go google ssb lor
Quite simple to understand, takes like 10 mins maybe

 

[Genosis]

Wow pro gambler spotted!
What number she bought
Power la

9981

Last week Saturday tio 1st Prize.....yesterday tio Starter prize!!!

 

[goh6570]

She really damn lucky !!!

9981

Last week Saturday tio 1st Prize.....yesterday tio Starter prize!!!

 

[Genosis]

She really damn lucky !!!

Her Chinese Zodiac is Dragon.....really huat big big!!! The feng shui master zhun zhun!!!

 

[Perisher]

OMG!!! My mom tio 4D again!!! Consecutive winnings.....

my parents also just win 4D, treat me to DTF...
that is why I shut up about them buying 4D... one year dunno tio how many times.

 

[goh6570]

The feng shui master so power?

Her Chinese Zodiac is Dragon.....really huat big big!!! The feng shui master zhun zhun!!!

 

[lewissac]

9981

Last week Saturday tio 1st Prize.....yesterday tio Starter prize!!!

Haha, this is what I meant by faith. Power of 4D toto player

 

[Mr.Canberra]

if u hold for 5 years, the average return per year is 1.87%

the earlier UOB product you showed was 2.4% guaranteed per year if you hold up to 5 years + variable, guaranteed already 0.5 % more

For SSB even if you hold up to 10 years the average return per year is 2.44% only. Not even able to beat inflation of 2.66% on average. Your investment returns must at least achieve 3% p.a. to retain purchasing power.

Eg. If investment return is 4.00%. Real rate of return is 4.00 - 2.66 (average) = 1.34%

http://www.tradingeconomics.com/singapore/inflation-cpi

Rate in Singapore averaged 2.66 percent from 1962 until 2016, reaching an all time high of 34 percent in March of 1974 and a record low of -3.10 percent in September of 1976.

 

[Pesantkie]

my parents also just win 4D, treat me to DTF...
that is why I shut up about them buying 4D... one year dunno tio how many times.

your parents damn lucky

not like my parents, one month only win a few times and is those small amount nia

I just heard from my dad that my mum spends up to $200/week on 4D/TOTO

 

[goh6570]

Tot is compounding interest? At the 10th yr should be 3.57%

For SSB even if you hold up to 10 years the average return per year is 2.44% only. Not even able to beat inflation of 2.66% on average. Your investment returns must at least achieve 3% p.a. to retain purchasing power.

 

[Genosis]

The feng shui master so power?

This year is a super huat year for Dragons!!!

 

[lewissac]

my parents also just win 4D, treat me to DTF...
that is why I shut up about them buying 4D... one year dunno tio how many times.

Sometimes, it's hard to control or persuade them not to buy TOTO/4D. If they're comfortable and play in a "healthy" manner, do so by all their means. It's their entertainment fee btw

 

[Genosis]

my parents also just win 4D, treat me to DTF...
that is why I shut up about them buying 4D... one year dunno tio how many times.

Nice!!! Is that DTF in CMT's mall?

 

[Genosis]

Sometimes, it's hard to control or persuade them not to buy TOTO/4D. If they're comfortable and play in a "healthy" manner, do so by all their means. It's their entertainment fee btw

I successfully persuaded her to put all her winnings into SSB liao.....

 

[goh6570]

I just went DTF Tuesday at junction 8. Damn crowded sia. Biz damn good.

Nice!!! Is that DTF in CMT's mall?

 

[lewissac]

For SSB even if you hold up to 10 years the average return per year is 2.44% only. Not even able to beat inflation of 2.66% on average. Your investment returns must at least achieve 3% p.a. to retain purchasing power.

Which is why I rather dump my Emergency fund there, instead of hard earn war-chest inside. There's no way you can risk your EF into equities or share. Bank FD and Savings interest is still lower than what SSB can offer in 10-yr period.

 

[Genosis]

your parents damn lucky

not like my parents, one month only win a few times and is those small amount nia

I just heard from my dad that my mum spends up to $200/week on 4D/TOTO

I really wish Singaporepools can IPO.....

Malaysia got some lottery companies IPO liao...so envy!!!

 

[goh6570]

Indeed if one don't mind lock 10yr then SSB is an option. But SSB is a compounding interest

Which is why I rather dump my Emergency fund there, instead of hard earn war-chest inside. There's no way you can risk your EF into equities or share. Bank FD and Savings interest is still lower than what SSB can offer in 10-yr period.

 

[Mr.Canberra]

Tot is compounding interest? At the 10th yr should be 3.57%

http://www.sgs.gov.sg/savingsbonds/Your-SSB/This-months-bond.aspx

You read carefully. Coupons are deposited to your bank account. Not rollover.

Average return per year is 2.44% if you hold to maturity (10 years).