*Official* MasterLeong Thread - Part 2

[lewissac]

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

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.

So what's the "ROI" for TOTO/4D for both of your parents then as of this yr?

 

[goh6570]

Ok. U r looking at the average return %

Thanks for the highlight. Get what u mean

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

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

 

[Genosis]

So what's the "ROI" for TOTO/4D for both of your parents then as of this yr?

This year only 2 weeks passed leh..... definitely in the green lor

If calculate over their entire gambling life, then sure deep red...

 

[lewissac]

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

SSB is a 10-yr maturity bond. But you can withdraw anytime you wanted. non-compounding Interest are distributed and deposited back to your bank acct. twice per year (once every 6-mths) based on the interest rate of that year mentioned.

 

[lewissac]

This year only 2 weeks passed leh..... definitely in the green lor

If calculate over their entire gambling life, then sure deep red...

How about last year? Hmm.. might be a good spot to persuade them how much your return in TOTO/4D vs Bonds or ETF

 

[dolph001]

good meh ?

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

UOB Structured deposit is principal guaranteed only if held until the maturity date. There is a "potential loss of the principal sum invested if the investment is not held to maturity."

For SSB, you can withdraw anytime and capital is guaranteed. The interest you will get is based on the number of years you hold the SSB.

 

[Pesantkie]

So what's the "ROI" for TOTO/4D for both of your parents then as of this yr?

I dont think my mum has won big since the start of the year

she has already spent $62 on TOTO without calculating 4D because I cant find the ticket

I should tell her to give that sum of money to me as allowance

 

[Mr.Canberra]

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.

You are correct if you are talking in context to Singapore.

In context to arbitrage, foreign bank fixed deposits (non SGD) can beat SSB any time because the inflation and interest rate in certain countries are higher than Singapore. Hence those countries offer higher interest rates for fixed deposits as well.

One down side to this game play is currency exchange risk. Money flow is another topic if you know how to get pass it.

 

[lewissac]

You are correct if you are talking in context to Singapore.

In context to arbitrage, foreign bank fixed deposits (non SGD) can beat SSB any time because the inflation and interest rate in certain countries are higher than Singapore. Hence those countries offer higher interest rates for fixed deposits as well.

One down side to this game play is currency exchange risk. Money flow is another topic if you know how to get pass it.

I understand what you meant. Previously I have plans to create AUD Acc. acct. Did some calculations and projections. End up the forex is really a huge portion of risk im taking. In conclusion, dropped this plan. lol.

 

[Maeda_Toshiie]

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.

But should actually calculate the yield.

 

[Genosis]

How about last year? Hmm.. might be a good spot to persuade them how much your return in TOTO/4D vs Bonds or ETF

Last year sure red.....in fact pretty sure it has been red all these years

 

[Pesantkie]

Last year sure red.....in fact pretty sure it has been red all these years

really dont know why they still continue siahhh

 

[Mr.Canberra]

I understand what you meant. Previously I have plans to create AUD Acc. acct. Did some calculations and projections. End up the forex is really a huge portion of risk im taking. In conclusion, dropped this plan. lol.

AUD/SGD lowest to highest rate for the past 10 years is 0.9352 - 1.3827. The low of 0.9352 was during the 2008 great financial crisis. Unless Australia underwent a major terrorist attack or crisis I do not think it can go even lower than that.

When AUD/SGD hits parity or lower than 1.00 it is fire sale to stock up on AUD. Will not go wrong de.

This is an example of Australian bank fixed deposit rates.
https://www.commbank.com.au/personal/accounts/term-deposits/rates-fees.html

If you dare to put money in China like me also good rates. The most dangerous place is the safest place.

 

[yihao93]

How about last year? Hmm.. might be a good spot to persuade them how much your return in TOTO/4D vs Bonds or ETF

Won't be able to convince them this way lah
They buy toto is for thrill of checking number Everyday, deciding what number to buy , and instant return , touching the betting slip, comparing with their friends, moaning about losses

Not to slowly increase their money

 

[Layers]

what is ssi wwjbh?

same as my parents. spend close to $200 per week on 4D/TOTO.

but telling me investing in DBS is gonna be a gone case stuff.

even temasek backed also will get bankrupt smh.

and they still got tens of thousands of money in DBS. dk why

same lor. Say buy their stock $ gone but $ in their bank won't gone?

Another thing i dun understand is that people in this age group tend to be victims of MLM scams even though they are risk-adverse! Sighzzz...

greed. But fear stock. No fear hearsay

My mom got too much in FD liao....hahaha! Told her ssb is guaranteed by spore govt so she is easily convinced

Cimb malaysian bank, she sure fearful huan...

My mum scare to buy SSB. Scare govt jiak $?¿?......

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

Wa jskm open twice

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

Wa wat tactic did u use?
.
Think they are already blind to it. All these $ got buy insurance better. My parents has 0 insurance. Gg. Say no $ then can buy 4D

Sent from Sony E6853 using GAGT

 

[starfish.starfish]

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

Fwah we should identify and consolidate the dragons in ssi, see wat they buy just follow....

 

[Pesantkie]

same lor. Say buy their stock $ gone but $ in their bank won't gone?
greed. But fear stock. No fear hearsay

My mum scare to buy SSB. Scare govt jiak $?¿?......

Wa jskm open twice

Wa wat tactic did u use?
.
Think they are already blind to it. All these $ got buy insurance better. My parents has 0 insurance. Gg. Say no $ then can buy 4D

Sent from Sony E6853 using GAGT

they definitely still stuck at 2008 financial crisis

 

[stam]

Tomorrow another up day

Posted with My iPhone 7plus HardwareZone Forums app

 

[lewissac]

Let's hope tomorrow morning huat ah! STI up another 15 points to 3040 and then ballpark there within 2 points margin.

 

[L'oreal Paris]

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

this month the SSB is really super good

dont say I bo jio

this one i hooting 50k max

This 1 can any time withdrawal?


I have no 50k