Park $100k for 2 years

[WWH123]

Where? Please advise as above. No stocks.

 

[mSnooze]

You want Unit Trust ?

 

[lzydata]

The April Singapore Savings Bond, which has closed for applications, yields 1.23% pa if you hold it for 2 years. Have to see what the next issue yields.

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

For FDs you can use my FD database through chuanz's interface. Currently the best offer for $100k 24 months is HLF, also at 1.23% pa. I only capture offers advertised on the banks' websites so this is just a reference.

https://sgfd.neocities.org/

 

[alexchia01]

Where? Please advise as above. No stocks.

Just put into a FD.

 

[alexchia01]

You want Unit Trust ?

Bad ideal, Unit Trust need at least 10 years to break-even.

 

[mSnooze]

Bad ideal, Unit Trust need at least 10 years to break-even.

Wrong, depends on what you put in.

 

[alexchia01]

Wrong, depends on what you put in.

So what do you suggest he put in?

 

[foxer77]

think fd or ssb the best choices for 2 years.

 

[Maeda_Toshiie]

Wrong, depends on what you put in.

You can give a guarantee that ANY unit trust will even give >1% p.a. within 2 years?

 

[eboy]

Bad ideal, Unit Trust need at least 10 years to break-even.

That's not true if it's pure investment and not ILP

 

[mSnooze]

You can give a guarantee that ANY unit trust will even give >1% p.a. within 2 years?

No, almost everything out there is non-guarantee, you don't know?

But there are stable conservative funds giving better returns than SSB/FD even in short timeframe.

Charges wise just find a good agent to charge minimal upfront fees. Easy.

You sound like you got bad experience before, sounding so skeptical.

 

[eboy]

You can give a guarantee that ANY unit trust will even give >1% p.a. within 2 years?

2 totally different things - no guarantee does not mean unit trust will take 10 years to breakeven as per alexchia01 statement

 

[eboy]

No, but there are stable conservative funds giving better rates than SSB/FD.

Charges wise just find a good agent to charge minimal upfront fees. Easy.

You sound like you got bad experience before, sounding so skeptical.

It's easy for folks here to jump to conclusion - the general climate of thought is that all unit trust are worse than Ssb or etf

 

[Maeda_Toshiie]

It's easy for folks here to jump to conclusion - the general climate of thought is that all unit trust are worse than Ssb or etf

Please, ETFs are out of question for 2 year time frames.

 

[Maeda_Toshiie]

2 totally different things - no guarantee does not mean unit trust will take 10 years to breakeven as per alexchia01 statement

What have I said that post of mine that is related to alexchia01 statement? Did I refer to alexchia01's statement.

 

[Maeda_Toshiie]

No, almost everything out there is non-guarantee, you don't know?

But there are stable conservative funds giving better returns than SSB/FD even in short timeframe.

Charges wise just find a good agent to charge minimal upfront fees. Easy.

You sound like you got bad experience before, sounding so skeptical.

"Stable and conservative" is a description written on the unit trust prospectus. That is not a guarantee of any sort. The prospectus will not contain guarantees on the capital or returns.


Fees don't kill returns in unit trusts (unless they are ILPs). Management fees do.



Come the freak on. The certified trainers from moneysense.gov.sg did not recommend any form of investments for short time frames like 2 years.

 

[Perisher]

No, almost everything out there is non-guarantee, you don't know?

But there are stable conservative funds giving better returns than SSB/FD even in short timeframe.

Charges wise just find a good agent to charge minimal upfront fees. Easy.

You sound like you got bad experience before, sounding so skeptical.

We been down this route before.
Many agents and other members have try to say unit trust is profitable blah blah blah but the crux of the matter is, picking the % of unit trust that are good vs picking the etf that is good is immeasurably in the favour of etf. One can easily tell you to dca invest in iwda for a decade, can you recommend any unit trust that you think can beat iwda over a decade?

Anyway, TS wanted a 2 year parking place. Unit trust is one of the worst place unless one already know which to park in.
my2cent.

 

[eboy]

We been down this route before.
Many agents and other members have try to say unit trust is profitable blah blah blah but the crux of the matter is, picking the % of unit trust that are good vs picking the etf that is good is immeasurably in the favour of etf. One can easily tell you to dca invest in iwda for a decade, can you recommend any unit trust that you think can beat iwda over a decade?

Anyway, TS wanted a 2 year parking place. Unit trust is one of the worst place unless one already know which to park in.
my2cent.

Well your maxim does not apply if you can time the market successfully which admittedly may not be applicable to everyone

TS Pls ignore us as you are not looking into stocks in the first place

 

[Perisher]

Well your maxim does not apply if you can time the market successfully which admittedly may not be applicable to everyone

TS Pls ignore us as you are not looking into stocks in the first place

Not sure what your point is.

 

[Bombermankid]

Lol, these agents everytime say can have good returns if invest in the "right" one, but when people ask them what is the "right" one, they keep going around in circles instead and don't answer the main question.