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[mousepad_88]

Hi

I am looking for a saving plan for retirement purpose. I am looking for smth that has no insurance element(pure saving),guaranteed capital protected, guaranteed yearly return on investment.
I am basically looking at endowment policy rather than investment fund. Tenor i am looking at is around 25 yrs.

And also is it possible to use cpf $ to buy endowment plan and at maturity, get the money and not back to cpf?

Any good one currently in the market?

 

[Darkzi0n]

Buy bonds

10char

 

[Aerial86]

Hi

I am looking for a saving plan for retirement purpose. I am looking for smth that has no insurance element(pure saving),guaranteed capital protected, guaranteed yearly return on investment.
I am basically looking at endowment policy rather than investment fund. Tenor i am looking at is around 25 yrs.

And also is it possible to use cpf $ to buy endowment plan and at maturity, get the money and not back to cpf?

Any good one currently in the market?

Judging by your criteria, you could look at AXA Retire happy or Aviva MyRetirement. I could generate both for you to take a look at..

It can be better if you could let me know the amount that you're looking to put aside for a more accurate figures.

Regards,

Alex
Finexis Advisory

 

[archcherub]

Hi

I am looking for a saving plan for retirement purpose. I am looking for smth that has no insurance element(pure saving),guaranteed capital protected, guaranteed yearly return on investment.
I am basically looking at endowment policy rather than investment fund. Tenor i am looking at is around 25 yrs.

And also is it possible to use cpf $ to buy endowment plan and at maturity, get the money and not back to cpf?

Any good one currently in the market?

all endowment plans comes with insurance element, the insurance company has to earn a bit more from u.

no insurance element, i think that means long term bond holdings...
buy bonds!

err.. impossible to get money out via any investments using CPF money. the govt wont' allow any such loopholes

 

[Aerial86]

With that being said, it is also very important to go through your finances to ensure that this is the correct step to take first.

Sustainability has to be considered and whether is it the priority now.

 

[mousepad_88]

Currently i am only investing in posb etf saving account. I am looking at a plan that gives me guaranteed return with capital protected . I am already insured under a term plan for both death , ci and disability. Thus refer endowment with minimal insurance coverage.

 

[mousepad_88]

all endowment plans comes with insurance element, the insurance company has to earn a bit more from u.

no insurance element, i think that means long term bond holdings...
buy bonds!

err.. impossible to get money out via any investments using CPF money. the govt wont' allow any such loopholes

Bonds is smth i am looking into but i will prefer to use cpf to go into that.
Currently will like to start off with endowment and as my pay increase then will look into other investment instruments

 

[bigmice]

all insurance policy has insurance element.
all investment with higher return has risk.
so the best one is bond or note. hold to mature, can not sell or redeem in between.

 

[wahkao3]

bonds are the best for u, very low risk, very low return

I would prefer high return, low risk

 

[Keverus]

all savings plans/endowments have insurance.

gahmen not stupid, if you use CPF to buy, when mature, will go back to CPF.

 

[mousepad_88]

all insurance policy has insurance element.
all investment with higher return has risk.
so the best one is bond or note. hold to mature, can not sell or redeem in between.

Correct me if i m wrong but i thought endowment has relatively low risk as well since most are capital guaranteed and return guaranteed.


How is return of endowment differ from bond?both has pretty low return i will say?

 

[mousepad_88]

bonds are the best for u, very low risk, very low return

I would prefer high return, low risk

I am looking at something that is not high risk and doesnt require me to monitor for part of retirement fund as i am spending time on stock trading usint TA which is more for short term gains

 

[Keverus]

Correct me if i m wrong but i thought endowment has relatively low risk as well since most are capital guaranteed and return guaranteed.


How is return of endowment differ from bond?both has pretty low return i will say?

not all endowments are 100% capital guaranteed. look carefully. most endowments have two aspects to their returns: guaranteed portion and non-guaranteed.

bonds..u put ur trust in that particular company/government. endowment, u put ur faith in that particular insurer.

 

[wahkao3]

I am looking at something that is not high risk and doesnt require me to monitor for part of retirement fund as i am spending time on stock trading usint TA which is more for short term gains

that will be bonds
5-8%
low risk, low return
no need to monitor

want more risk can go REITS
Mid risk, Mid return depending on your buy in price

 

[w1rbelw1nd]

that will be bonds
5-8%
low risk, low return
no need to monitor

want more risk can go REITS
Mid risk, Mid return depending on your buy in price

What kind of low risk bond you looking at that yields 5-8% returns ah bro?

The long term government bond etf (those with at least AA ratings) gives a yield of 3-4%... SG government gives a 3% yield.

5-8% seems more like equity returns to me, or at best junk bond returns. Not something that TS wants I think

 

[Knight_Rider]

that will be bonds
5-8%
low risk, low return
no need to monitor

want more risk can go REITS
Mid risk, Mid return depending on your buy in price

You keep stressing low risk high returns. Any to share and discuss?

I also do low risk high returns here ---------> http://forums.hardwarezone.com.sg/money-mind-210/got-1000-extra-invest-4765767.html
Something that will not burst your account but earn as good as the bank.

 

[MaoZeDuo]

bro i saw posb got single premium endowment but duno can use CPF ornot... confirm got some insurance element huan cannot siam...

moi only hab CPF approved dividend paying unit trusts thou...

inb4 wahkao: dividend paying no use
inb4 unit trusts sarks
inb4 btir

 

[Keverus]

bro i saw posb got single premium endowment but duno can use CPF ornot... confirm got some insurance element huan cannot siam...

moi only hab CPF approved dividend paying unit trusts thou...

inb4 wahkao: dividend paying no use
inb4 unit trusts sarks
inb4 btir

 

[wahkao3]

What kind of low risk bond you looking at that yields 5-8% returns ah bro?

The long term government bond etf (those with at least AA ratings) gives a yield of 3-4%... SG government gives a 3% yield.

5-8% seems more like equity returns to me, or at best junk bond returns. Not something that TS wants I think

corporate bonds, and yes, junk bonds

 

[wahkao3]

You keep stressing low risk high returns. Any to share and discuss?

use both TA and FA to cherry pick low risk, high return stocks on SGX
800+ stocks on SGX, surely got at least 1 of them is low risk high return.