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

 

[KOPS1974]

Hi

Anyonechanged your SRS bank operator before?
Like to know, if I have an existing Structured Deposit bought using SRS with OCBC and if I change the SRS operator to DBS. What will happen to the Structured Deposit from OCBC?

 

[$ingaporean]

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.

Say one is nearing retirement. Does it makes sense to concentrate your entire financial portfolio to just cpf, insurance, 1-2 bond fund like pimco income fund and mbh plus 1- 2 global equity etc/unit trust in a 75% (cpf/insurance/bond) - 25% (global equity fund) split?

 

[BBCWatcher]

Say one is nearing retirement. Does it makes sense to concentrate your entire financial portfolio to just cpf, insurance, 1-2 bond fund like pimco income fund and mbh plus 1- 2 global equity etc/unit trust in a 75% (cpf/insurance/bond) - 25% (global equity fund) split?

It depends to some extent how big your investment portfolio is (see below), but I'd vote no for a couple reasons. First, I don't see a role for PIMCO's funds at all. (Aren't they relatively high cost funds?) Second, ~25% in stocks when nearing retirement is, in my view, way too "conservative." I'm putting the word conservative in quotation marks because it can actually be more risky over a retirement timescale to adopt a 75%-25% bonds-stocks portfolio allocation, and to do so that early.

For what it's worth Vanguard's target date funds converge to a 70%-30% retirement allocation, and they only get there by circa age 72. Nearing retirement at 75%-25% is even more "conservative" than Vanguard is — way too conservative, I think. As another example, Schwab's target date funds eventually, slowly get to 72%-28% by circa age 85. (At circa age 65 they're at 56%-44%.)

Of course the higher your net worth relative to your real retirement lifestyle the more you can prudently allocate in the stocks bucket. If for example your net worth is $10 billion, but you live a retirement lifestyle that could be easily supported by a $10 million portfolio, you're perfectly fine with a 10%-90% bonds-stocks allocation (for example).

 

[$ingaporean]

It depends to some extent how big your investment portfolio is (see below), but I'd vote no for a couple reasons. First, I don't see a role for PIMCO's funds at all. (Aren't they relatively high cost funds?) Second, ~25% in stocks when nearing retirement is, in my view, way too "conservative." I'm putting the word conservative in quotation marks because it can actually be more risky over a retirement timescale to adopt a 75%-25% bonds-stocks portfolio allocation, and to do so that early.

For what it's worth Vanguard's target date funds converge to a 70%-30% retirement allocation, and they only get there by circa age 72. Nearing retirement at 75%-25% is even more "conservative" than Vanguard is — way too conservative, I think. As another example, Schwab's target date funds eventually, slowly get to 72%-28% by circa age 85. (At circa age 65 they're at 56%-44%.)

Of course the higher your net worth relative to your real retirement lifestyle the more you can prudently allocate in the stocks bucket. If for example your net worth is $10 billion, but you live a retirement lifestyle that could be easily supported by a $10 million portfolio, you're perfectly fine with a 10%-90% bonds-stocks allocation (for example).

Thanks for the reply.

For the pimco income fund, if you buy off endowus platform, it is charging 0.55% p.a. fund level fee + 0.30 % p.a. platform fee. Not too bad, but i still hold it considering USA interest rate may still have some way down. Also, i want to diversify a bit from SGD, since most other assets are in SGD (eg CPF, insurance, MBH).

Regarding the bond/stock allocation, i will try to increase it to 30% equity but will wait for meaningful correction before going in.

So in your opinion, just holding global equity etf is good enough right? although i also have stietf and reit etc, i was thinking is the global etf 'diversified' but yet concentrate in the USA? Should i add like Japan, Europe etf etc to it? Or get the Lion Global All weather one which is more balanced for all regions? or is world equity including emerging market is better?

Also i assume you might say gold or bitcoin should also be in the portfolio but in a smaller allocation?

 

[BBCWatcher]

So in your opinion, just holding global equity etf is good enough right?

Low cost global stock index funds are pretty terrific for long-term investing. If you're retiring in Singapore and want to add some ES3 or G3B (the Straits Times Index stocks) in some reasonable measure, I think that's OK. Otherwise, keep it simple in my view.

Also i assume you might say gold or bitcoin should also be in the portfolio but in a smaller allocation?

Pass.

If you want something specifically well designed to combat inflation (albeit in other currencies), invest in high quality real return (inflation-indexed) sovereign bonds. That's easy to do via IGIL if you want a low cost real return global sovereign bond index fund. Vanguard's fund managers would argue there's a role for real return bonds within a typical "in retirement" investment porfolio because that's what they do in their target date funds. However, their target date funds are geared toward U.S. investors/retirees, so they use TIPS (real return U.S. Treasuries). IGIL is the closest analog I can find for retirees in Singapore.

 

[Panerex]

Any views on parking inside LionGlobal SGD Enhanced liquidity fund?

already have SRS exposure in SGD-based equities, hence am thinking of investing the balance into something safer.

Recently tried some on LionGlobal Short Term Duration Bond, but losing $$ due to recent volatility in short term interest yields.

 

[swathe]

Which brokerage can do DCA for funds using SRS? Want to save the time to monitor too frequently